Company: KITTW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001849820-25-000242
Chunk: 106

Company: Nauticus Robotics, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 106
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 of such liability will be protected (in whole or in part) against loss with respect thereto.

(u) “

#### Conversion Floor Price Condition
” means that the relevant Alternate Conversion Price is being determined based on clause (x) of such definitions.

(v) “

#### Convertible Securities
” means any stock or other security (other than Options) that is at any time and under any circumstances, directly or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire, any shares of Common Stock.

(w) “

#### Dividend Conversion Price
” means, with respect to any given Dividend Date, that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Dividend Date, (ii) 90% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending and including the Trading Day immediately preceding the applicable Dividend Date (such period, the “

#### Dividend Conversion Measuring Period
”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Dividend Conversion Measuring Period.

(x) “

#### Dividend

#### Rate
” means, as of any date of determination, ten percent (10%) per annum; provided, further, that such rate shall be subject to adjustment from time to time in accordance with Section 3.

(y) “

#### Eligible Market
” means The New York Stock Exchange, the NYSE American, the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market.

(z) “

#### Equity Conditions
” means, with respect to an given date of determination: (i) on each day during the period beginning thirty calendar days prior to such applicable date of determination and ending on and including such applicable date of determination all shares of Common Stock to be issued in connection with the event requiring this determination, as applicable, in the event requiring this determination at the Dividend Conversion Price then in effect (without regard to any limitations on conversion

<div align='center'>A-49</div>

### APPENDIX A
set forth herein) (each, a “

#### Required Minimum Securities Amount
”) shall be eligible for sale pursuant to Rule 144 (as defined in the Securities Purchase Agreement) without the need for registration under any applicable federal or state securities laws (in each