Termination of Settlement Agreement by Wellgistics Health, Inc.

Wellgistics Health, Inc. has terminated its Settlement Agreement with Silverback Capital Inc., which was originally dated January 28, 2026. The agreement contemplated the issuance of the Company's common stock under Section 3(a)(10) of the Securities Act of 1933. Prior to termination, 6,866,000 shares were issued. The termination means no further shares will be issued under this agreement, and Silverback Capital Inc. is to return any unpaid claims to creditors. Both parties have no further obligations. This termination is part of Wellgistics Health, Inc.'s strategy to pursue alternative financing and strategic initiatives, thereby avoiding potential future dilution.