QUANTUM X LABS INC.

Code

G

Shares

100,000

Price

$0.00

Footnotes

4

The shares of common stock reported in this row represent shares of restricted stock that were acquired in a private placement transaction on September 3, 2025, pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Private Placement"). The purchase price per share of common stock in the Private Placement was $1.00. This transaction involved the Reporting Person's gift of 100,000 shares of the Issuer's common stock to his son. The Reporting Person disclaims beneficial ownership of the securities held by his son, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. These securities are held by Yoresh Capital Ltd. The Reporting Person is the officer, sole director, chairman of the board of directors and controlling shareholder of Yoresh Capital Ltd. In such capacity, the Reporting Person may be deemed to beneficially own the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes. No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only.