Gust Kepler - 20 Oct 2026 Form 4 Insider Report for NorthStrive Acquisition Corp I. (NSAI)

Footnote F1

Class B ordinary shares (the "Initial Shares") were issued in a private placement to the Initial Shareholders of NorthStrive Acquisition Corp I. (the "Company") prior to the Company's initial public offering. Each Class B ordinary share will automatically convert into one Class A ordinary share at the time of the Company's initial Business Combination (or earlier at the option of the holder), on a one-for-one basis, subject to adjustment, as described in the Company's Amended and Restated Memorandum and Articles of Association and the final prospectus for the Company's initial public offering (File No. 333-297611).

Footnote F2

On October 20, 2026, the Reporting Person forfeited and surrendered 11,089 Class B ordinary shares to the Company for cancellation, for no consideration, pursuant to Section 1.4.1 of the Underwriting Agreement, dated August 17, 2026, between the Company and D. Boral Capital LLC, as representative of the several underwriters therein, as amended by Amendment No. 1 to Underwriting Agreement, dated as of October 8, 2026, (the "UA Amendment"). The cancellation became effective on October 20, 2026, with retroactive effect to October 3, 2026. The UA Amendment implements the pro rata allocation of the 629,998-share forfeiture required because the underwriters' Over-allotment Option expired unexercised on October 3, 2026. The Reporting Person's share of that forfeiture (11,089 Initial Shares) was calculated pro rata based on the Initial Shares held by the Reporting Person relative to the aggregate Initial Shares outstanding as set forth in Exhibit A to the UA Amendment.