O'Dowd William IV → Dolphin Entertainment, Inc. DLPN

The information set forth in Item 3 of this Schedule 13D is incorporated herein by reference. The Old Notes and New Notes were acquired for investment purposes. The shares of Common Stock beneficially owned by the Reporting Persons are held for general investment purposes. On December 26, 2024, Mr. O'Dowd adopted a Rule 10b5-1 trading arrangement (as such term is defined in Item 408(a) of Regulation S-K) (the "10b5-1 Plan"). The 10b5-1 Plan covers the purchase of $5,000 worth of shares of the Company's common stock per week, with no limit price. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is estimated to be from April 1, 2025 until November 15, 2025, or earlier if all transactions under the trading arrangement are completed. The foregoing description of the 10b5-1 Plan does not purport to be complete and is qualified in its entirety by the terms and conditions of such plan, which is an exhibit to this Schedule 13D.