Apeiron Investment Group Acquires 24.4% Stake in Enhanced Group Inc. Following Business Combination

On May 7, 2026, Apeiron Investment Group Ltd., along with Christian Angermayer and affiliated entities, established a significant ownership position in Enhanced Group Inc. (formerly A Paradise Acquisition Corp.) following the closing of a business combination with Enhanced Ltd. The reporting persons acquired 29,692,247 shares of Class A Common Stock and 212,499 warrants, representing a 24.4% stake. Additionally, they received 258,837,933 shares of Class B Common Stock, which carry 10 votes per share but are not convertible into Class A stock. The acquisition was governed by a Merger Agreement, a Transaction Support Agreement providing lock-up restrictions, and a Registration Rights Agreement. Furthermore, Apeiron entered into a Sponsor Equity Agreement involving put and call options for additional securities held by the Sponsor. To secure obligations under a loan agreement with Joh. Berenberg, Gossler & Co. KG, the reporting persons pledged 25,586,376 of their Class A shares. The reporting persons intend to review their investment continuously and may engage in discussions regarding the issuer's strategic direction.