Data443 amends Series A preferred terms: adds 9.99% conversion cap, reverts ratio to 1,000:1

On December 20, 2023, the Certificate of Designation of Series A Convertible Preferred Stock (“ Series A Stock ”) of Data443 Risk Mitigation, Inc. (the “ Company ”) was amended (as so amended, the “ Amended Series A CoD ”) in order (i) to add a beneficial ownership limitation to the Series A Stock, such that a holder may not convert Series A Stock into the Company’s common stock, par value $0.001 (“ Common Stock ”) to the extent that the holder would beneficially own more than 9.99% of the Common Stock outstanding immediately after giving effect to the conversion of Series A Stock and (ii) to revert the conversion ratio of the Company’s Series A Stock to its pre-reverse stock split conversion ratio of 1,000 shares of Common Stock, for each one share of Series A Stock.