Blaize adopts limited-duration stockholder rights plan with 10% trigger expiring April 2027

Blaize Holdings, Inc.

Rights plan triggered if any person/group acquires 10%+ beneficial ownership of Blaize common stock.
Upon triggering, rights holders (excluding triggering person) can purchase shares at 50% discount to market price.
Existing holders at 10%+ before adoption are exempt but cannot acquire additional shares.
Plan expires April 21, 2027; adopted in response to specific threat of stockholder group seeking control.
After trigger, Company may exchange each right for one share of common stock per right.

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