Amendment to Business Combination Agreement

Inflection Point Acquisition Corp. V (SPAC) and GOWell Technology Limited have entered into an amendment to their Business Combination Agreement. This amendment, dated December 22, 2025, clarifies the number of PubCo Series A Investor Warrants to be issued upon conversion of Company Warrants at the Second Merger Effective Time. Specifically, Section 2.2(c) of the original agreement has been replaced to detail the conversion process, ensuring that each Company Warrant outstanding before the Second Merger will be converted into a PubCo Series A Investor Warrant exercisable for a specific number of PubCo Ordinary Shares. This amendment does not alter the rest of the original Business Combination Agreement, which remains in full force and effect. The filing also includes information regarding the upcoming registration statement and proxy statement/prospectus for the proposed business combination, as well as details on participants in the solicitation and a disclaimer that this report is for informational purposes only and not an offer or solicitation.