Eos Energy Announces Updated Terms for Rights Offering

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• Each Unit shall consist of one share of our common stock and 0.4388 of a Warrant, with each whole warrant entitling the holder to purchase one share of our common stock at an exercise price of $5.481 per share, subject to adjustment.

  60% confidence

• The completion of the rights offering remains subject to the satisfaction of certain conditions, and the Company reserves the right to amend or terminate the rights offering at any time prior to the expiration date of the rights offering.

  60% confidence

• Each right is expected to entitle an Eligible Holder to purchase, pursuant to the basic subscription privilege, approximately 0.0714 of a Unit at a subscription price equal to $5.481 per whole Unit, an approximate 10% discount to the closing price of the Company's common stock on June 29, 2026.

  60% confidence

• The expected pricing terms are consistent with the pricing terms of the Company's previously announced registered direct offering.

  60% confidence