Schedule 13G Filing by Millennium Management LLC

Millennium Management LLC, along with Millennium Group Management LLC and Israel A. Englander, has filed a Schedule 13G, reporting beneficial ownership of 5.3% of Churchill Capital Corp XI's Class A Ordinary Shares. The total number of shares beneficially owned is 2,224,879. The filing indicates that these securities are held by entities subject to the voting control and investment discretion of Millennium Management LLC and/or other investment managers controlled by Millennium Group Management LLC and Mr. Englander. They certified that the securities were not acquired or held for the purpose of influencing the control of the issuer. A joint filing agreement was executed on December 22, 2025, confirming this arrangement. The filing was made on December 23, 2025, with an event date of December 17, 2025.