| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| ANGELO MARK | Director, 10%+ Owner | C/O BLUE WATER ACQUISITION CORP. III, 1012 SPRINGFIELD AVENUE, MOUNTAINSIDE | /s/ Mark Angelo | 04 Dec 2025 | 0001271848 |
| Yorkville BW Acquisition Sponsor, LLC | 10%+ Owner | C/O BLUE WATER ACQUISITION CORP. III, 1012 SPRINGFIELD AVENUE, MOUNTAINSIDE | /s/ Mark Angelo, Yorkville BW Acquisition Sponsor, LLC | 04 Dec 2025 | 0002098097 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BLUW | Class A Ordinary Shares | 430K | 25 Nov 2025 | See Footnote | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BLUW | Class B Ordinary Shares | 25 Nov 2025 | Class A Ordinary Shares | 6.33M | See Footnote | F1, F2, F3 | |||||||
| holding | BLUW | Private Placement Warrants | 25 Nov 2025 | Class A Ordinary Shares | 215K | $11.50 | See Footnote | F1, F2, F4 |
| Id | Content |
|---|---|
| F1 | Yorkville BW Acquisition Sponsor, LLC (the "Sponsor") acquired 6,325,000 Class B ordinary shares and 430,000 private placement units (the "Private Units"), with each Private Unit consisting of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share, at an exercise price of $11.50 per share (a "Private Placement Warrant"), pursuant to a purchase agreement, dated November 25, 2025, by and between the Sponsor, the Issuer, and Blue Water Acquisition III LLC. These 6,325,000 Class B ordinary shares and 430,000 Private Units, including the 430,000 Class A ordinary shares and 215,000 Private Placement Warrants that comprise the Private Units, are held by the Sponsor. |
| F2 | YA II PN, Ltd. ("YA II PN") is a member and the sole manager of the Sponsor and holds voting and investment discretion over the securities held by the Sponsor. YA II PN is managed by Yorkville Advisors Global, LP ("Yorkville LP"), whose General Partner is Yorkville Advisors Global II, LLC ("Yorkville LLC"). All investment decisions for YA II PN are made by Mark Angelo, President and Managing Member of Yorkville LLC, and, as President and Managing Member of Yorkville LLC, Mr. Angelo may be deemed to have beneficial ownership of the Class B ordinary shares and Private Units, including the Class A ordinary shares and Private Placement Warrants that comprise the Private Units, held by the Sponsor. Mr. Angelo disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
| F3 | As described in the Issuer's registration statement on Form S-1, as amended (File No. 333-285075) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination or earlier at the option of the holder on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. |
| F4 | As described in the Issuer's registration statement on Form S-1, as amended (File No. 333-285075) under the heading "Description of Securities-Warrants," the Private Placement Warrants will become exercisable on the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of the Issuer's initial business combination, and shall expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, subject to certain terms and conditions described therein. |