KULR Technology Group, Inc.

During the period from August 20, 2026 through September 11, 2026, KULR Technology Group, Inc. (“KULR” or the “Company”) sold an aggregate of approximately 764 bitcoin (“BTC”) through a series of open market transactions to unrelated purchasers at a weighted average sales price of approximately $76,633 per BTC, resulting in aggregate gross proceeds of approximately $58.6 million (collectively, the “Bitcoin Sales”). The Bitcoin Sales were completed on September 11, 2026 and were effected as part of the Company’s ongoing treasury management operations. The Bitcoin Sales represented all of the Company’s remaining BTC holdings, and as of the date of this report, the Company no longer holds BTC.

On September 4, 2026, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company approved a grant of 200,000 time-based restricted stock units (“RSUs”) to Michael Kimel, the Company’s Chief Financial Officer, under the KULR Technology Group, Inc. 2025 Equity Incentive Plan (the “Plan”), with an effective date of September 10, 2026. Each RSU represents a contingent right to receive one share of the Company’s common stock upon vesting. The RSUs will vest in eight equal semi-annual installments, with the first installment vesting on December 6, 2026 and the remaining installments vesting every six months thereafter, for a total vesting period of four years, subject to Mr. Kimel’s continued service to the Company through each applicable vesting date.