FOXO Technologies amends Smithline settlement, pays $97,837 in cash

FOXO TECHNOLOGIES INC.

Amendment No. 1 to Settlement Agreement dated Sept 4, 2025; remaining balance of $97,837 to be paid in cash.
Payments: $25,000 immediate, $25,000 by Sept 27, 2025, $25,000 by Oct 27, 2025, final $22,837 by Nov 27, 2025.
Original Nov 2023 settlement was $2.3 million converted to Class A Common Stock; this cash payment satisfies remaining balance in full.
Cash payment replaces issuance of shares; avoids dilution for FOXO shareholders.
Settlement with Smithline Family Trust II is fully resolved as of Nov 27, 2025.

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