Jonathan Aschoff

Anthony Vendetti

- On **September 3, 2025**, Nuwellis, Inc. entered into an **At The Market Offering Agreement** with Ladenburg Thalmann & Co. Inc..  **[1506492_0001140361-25-033738_ny20054911x2_8k.htm:1]** 
- This agreement allows the company to sell shares of its common stock from time to time, with an initial aggregate offering price of up to **$4,650,000**.  **[1506492_0001140361-25-033738_ny20054911x2_8k.htm:1]** 
- Ladenburg Thalmann & Co. Inc. will serve as the sales agent and receive a commission of up to **3.0%** of the gross proceeds from any sales.  **[1506492_0001140361-25-033738_ny20054911x2_8k.htm:1]** 
- Nuwellis, Inc. is **not obligated** to make any sales under this agreement.  **[1506492_0001140361-25-033738_ny20054911x2_8k.htm:1]**

Nuwellis (NUWE)