Interactive Strength issues $2M promissory note to largest customer Woodway USA with warrant

Interactive Strength, Inc.

• Unsecured note with original issue discount of 10% ($1.8M purchase price), 15% interest, due May 21, 2027.
• Warrant issued to purchase 400,000 shares at $1.25 per share, exercisable until May 21, 2035.
• Prepayment penalty applies if total interest paid is less than $600,000.
• Warrant contains 4.99% beneficial ownership limitation; issued under Regulation D to accredited investor.