Aqua Metals' ATM sales agent assigned from Benchmark to StoneX Financial Inc.

Aqua Metals, Inc.

On Sep 2, 2026, Benchmark assigned its ATM Sales Agreement rights and obligations to affiliate StoneX Financial Inc.
Section 13 of the Sales Agreement permits assignment to an affiliate without Aqua Metals' consent.
Sales Agreement signed Aug 30, 2024, amended Dec 2, 2025; terms otherwise unchanged.
StoneX Financial Inc. is SEC-registered, a FINRA and SIPC member.

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