On March 23, 2026, Charging Robotics Inc. announced that it has entered into an Earn-Out Milestone Amendment Agreement with certain holders of warrants previously issued to Xylo Technologies Ltd. This amendment extends the performance period for three Milestone Warrants, which cover a total of 6,150,000 shares, through December 31, 2026. The agreement modifies certain underlying milestone terms, allowing the company additional time to meet the performance criteria necessary for the warrants to vest. This decision comes in light of ongoing security considerations in Israel, where the company is based. The extension is expected to provide the company with a better opportunity to achieve the required milestones without the pressure of an imminent deadline. The Milestone Warrants were originally set to expire at the end of 2025, but the amendment reflects a strategic move to enhance the company's operational flexibility and align with its long-term goals. The company has indicated that it will continue to work closely with the holders to ensure that the milestones are met and that the interests of all parties are aligned. This development is seen as a positive step for Charging Robotics, as it allows for a more measured approach to achieving its operational targets while navigating the complexities of the current geopolitical landscape.

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