Graf Global Corp. Class B to Class A Share Conversion by Sponsor and Directors

On June 18, 2026, Graf Global Corp. filed a Form 8-K reporting that Graf Global Sponsor LLC and certain board members (Louis Bélanger-Martin, Kenneth Weinstein, and Fred Zeidman) exercised their right to convert 5,749,999 Class B ordinary shares into Class A ordinary shares on a one-for-one basis. Following this conversion, the company now has 28,749,999 Class A ordinary shares issued and outstanding, with only one Class B ordinary share remaining outstanding, held by the Sponsor. The conversion was executed pursuant to the company's Amended and Restated Memorandum and Articles of Association. The Class A shares issued in the conversion maintain the same restrictions as the original Class B shares, including transfer restrictions and waiver of redemption rights as outlined in the company's IPO prospectus. The issuance was made in reliance on the Section 3(a)(9) exemption from registration under the Securities Act.