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CONFIDENTIAL

February 28, 2026

Calderwood & Harkness LLP 599 Lexington Avenue, 36th Floor New York, New York 10022

Pinnacle Atlantic Bank, N.A. 201 South Tryon Street, 34th Floor Charlotte, NC 28202

Attention: Harrison Wolfe, Managing Director, Structured Products & Specialty Finance

With a copy to:

Whitmore Crane & Bates LLP 1 Liberty Plaza, 41st Floor New York, NY 10006

Attention: Conrad Whitfield

FEE LETTER

Ladies and Gentlemen:

Reference is made to that certain Master Repurchase Agreement dated as of February 28, 2026 (as amended, restated, supplemented, or otherwise modified from time to time, the "MRA"), among SBF Warehouse I LLC, a Delaware limited liability company (the "Seller"), Pinnacle Atlantic Bank, N.A., a national banking association, in its capacities as administrative agent (in such capacity, the "Administrative Agent") and as committed buyer (in such capacity, the "Committed Buyer" or "Buyer"), and Ridgeline Capital Markets LLC, a New York limited liability company, as participating buyer (the "Participating Buyer"). This letter agreement (this "Fee Letter") is the "Fee Letter" referred to in the MRA and is being delivered as a condition precedent to the initial Purchase Transaction under the MRA.

SBF Warehouse I LLC (EIN: 93-1784620; Delaware Entity File No. 8102356; with its registered office at c/o Skybridge Fintech Ltd., 400 North Market Street, Suite 1200, Wilmington, Delaware 19801) and Skybridge Fintech Ltd., a Delaware corporation ("Skybridge" or the "Performance Guarantor"; EIN: 84-3291507; Delaware Entity File No. 7384921; with its principal office at 400 North Market Street, Suite 1200, Wilmington, Delaware 19801), are jointly entering into this Fee Letter with Pinnacle Atlantic Bank, N.A. (RSSD ID: 4827301; with its office at 201 South Tryon Street, 34th Floor, Charlotte, North Carolina 28202).

The parties hereto acknowledge and agree that (a) the Maximum Facility Amount under the MRA is Forty Million Dollars ($40,000,000), (b) the Committed Buyer's commitment thereunder is Thirty Million Dollars ($30,000,000), representing seventy-five percent (75%) of the Maximum Facility Amount, and (c) the Participating Buyer's commitment thereunder is Ten Million Dollars ($10,000,000), representing twenty-five percent (25%) of the Maximum Facility Amount. This Fee Letter sets forth certain fees payable by the Seller and the Performance Guarantor to the Administrative Agent and for the account of the Buyers in connection with the MRA and the transactions contemplated thereby.

Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the MRA. This Fee Letter is being delivered as a condition precedent to the initial Purchase Transaction under the MRA, and the Administrative Agent's and the Buyers' obligations to consummate any Purchase Transaction under the MRA are expressly conditioned upon, among other things, the execution and delivery of this Fee Letter and the payment of the Upfront Fee (as defined below) on the Closing Date.

Section 1. Definitions

As used in this Fee Letter, the following terms shall have the following meanings:

"Amortization Period" means the period commencing on August 29, 2026 and ending on the Facility Maturity Date (August 28, 2027), during which no new Purchase Transactions shall be entered into and all outstanding Repurchase Obligations shall be repaid in accordance with the terms of the MRA.

"Business Day" shall have the meaning ascribed to such term in the MRA (generally, any day other than a Saturday, Sunday, or other day on which commercial banks in the City of New York, State of New York, are authorized or required by law to close).

"Closing Date" means February 28, 2026.

"Facility Amount" or "Maximum Facility Amount" means Forty Million Dollars ($40,000,000), as such amount may be increased or decreased from time to time in accordance with the terms of the MRA.

"Facility Maturity Date" means August 28, 2027, which is eighteen (18) months from the Closing Date, subject to any earlier termination of the MRA in accordance with its terms.

"MRA" has the meaning set forth in the introductory paragraph of this Fee Letter.

"Purchase Price" shall have the meaning ascribed to such term in the MRA (calculated at an eighty-five percent (85%) advance rate of the Cut-Off Date Principal Balance of Eligible Receivables, as more fully described in the MRA).

"Revolving Period" means the period commencing on the Closing Date (February 28, 2026) and ending on August 28, 2026 (a period of six (6) months), during which Purchase Transactions may be entered into under the MRA, subject to the terms and conditions thereof.

All other capitalized terms used in this Fee Letter and not otherwise defined herein shall have the meanings ascribed to such terms in the MRA or the other Transaction Documents, as applicable. The rules of construction and interpretation set forth in the MRA shall apply to this Fee Letter, mutatis mutandis.

Section 2. Upfront / Structuring Fee

(a) Amount and Calculation. In consideration of the Administrative Agent's and the Buyers' agreement to enter into the MRA and to make the facility available to the Seller, the Seller and the Performance Guarantor shall pay to the Administrative Agent an upfront structuring fee (the "Upfront Fee") in the amount of Two Hundred Thousand Dollars ($200,000). The Upfront Fee has been calculated as fifty (50) basis points (0.50%) multiplied by the Maximum Facility Amount of Forty Million Dollars ($40,000,000) (i.e., $40,000,000 × 0.0050 = $200,000).

(b) Payee. The Upfront Fee shall be payable to Pinnacle Atlantic Bank, N.A. solely in its capacity as Administrative Agent.

(c) Payment Timing. The Upfront Fee shall be due and payable in full on the Closing Date (February 28, 2026) in immediately available funds by wire transfer to the account designated by the Administrative Agent. Wire transfer instructions for payment of the Upfront Fee shall be as provided by Pinnacle Atlantic Bank, N.A. separately in writing or as set forth in Exhibit A attached hereto and made a part hereof.

(d) Non-Refundable; Fully Earned. The Upfront Fee, once paid, shall be fully earned and non-refundable under any and all circumstances, including, without limitation, in the event of (i) early termination of the MRA, whether voluntary or involuntary, (ii) the occurrence of an Event of Default under the MRA, (iii) acceleration of any Repurchase Obligations, (iv) any reduction in the Maximum Facility Amount, or (v) any other event or circumstance whatsoever. The parties acknowledge and agree that the Upfront Fee constitutes reasonable compensation for the Administrative Agent's commitment to make the facility available and the costs incurred by the Administrative Agent in structuring, documenting, and closing the transactions contemplated by the MRA.

(e) Joint and Several Liability. SBF Warehouse I LLC and Skybridge Fintech Ltd. shall be jointly and severally liable for the payment of the Upfront Fee. The obligation to pay the Upfront Fee is absolute and unconditional and shall not be subject to any defense, setoff, counterclaim, rescission, recoupment, or reduction of any kind.

Section 3. Unused Commitment Fee

(a) Rate. The Seller and the Performance Guarantor shall pay to the Administrative Agent, for the account of the Committed Buyer and the Participating Buyer, an unused commitment fee (the "Unused Commitment Fee") at the rate of thirty (30) basis points (0.30%) per annum.

(b) Calculation Basis. The Unused Commitment Fee shall be calculated on the daily average undrawn portion of the aggregate commitments under the MRA during the applicable calculation period. For purposes of this calculation, the "undrawn portion" on any given day shall equal the excess, if any, of (i) the Maximum Facility Amount of Forty Million Dollars ($40,000,000) over (ii) the aggregate outstanding Purchase Price of all Purchased Receivables on such day. For the avoidance of doubt, Purchased Receivables that have been repurchased by the Seller or with respect to which a Repurchase Date has occurred shall not be included in the calculation of the aggregate outstanding Purchase Price.

(c) Accrual Period. The Unused Commitment Fee shall accrue from and including the Closing Date (February 28, 2026) through the earliest of (i) the last day of the Revolving Period (August 28, 2026), (ii) the date on which the Revolving Period is terminated due to the occurrence and continuation of an Event of Default under the MRA, or (iii) the date on which all commitments of the Committed Buyer and the Participating Buyer under the MRA are irrevocably terminated in accordance with the terms thereof. For the avoidance of doubt, no Unused Commitment Fee shall accrue during the Amortization Period, as no further commitments to enter into Purchase Transactions shall be outstanding during such period.

(d) Payment Timing. The Unused Commitment Fee shall be payable monthly in arrears on the last Business Day of each calendar month, commencing on March 31, 2026, with the final payment of the Unused Commitment Fee due and payable on the date on which the Revolving Period ends (whether by scheduled expiration, early termination, or otherwise). Each monthly payment shall reflect the Unused Commitment Fee accrued during the immediately preceding calendar month (or, in the case of the first payment, the period from and including the Closing Date through and including the last day of March 2026).

(e) Day-Count Convention. The Unused Commitment Fee shall be computed on the basis of an Actual/360 day-count convention — that is, on the basis of the actual number of days elapsed in the applicable calculation period divided by three hundred and sixty (360).

(f) Allocation Among Buyers. The Unused Commitment Fee shall be payable to Pinnacle Atlantic Bank, N.A. as Administrative Agent for the account of the Committed Buyer and the Participating Buyer. The Administrative Agent shall allocate the Unused Commitment Fee received among the Buyers pro rata based on their respective commitments, as follows:

(i) Pinnacle Atlantic Bank, N.A. (as Committed Buyer): Thirty Million Dollars ($30,000,000) / Forty Million Dollars ($40,000,000) = seventy-five percent (75%); and

(ii) Ridgeline Capital Markets LLC (as Participating Buyer): Ten Million Dollars ($10,000,000) / Forty Million Dollars ($40,000,000) = twenty-five percent (25%).

(g) Illustrative Calculation. For illustrative purposes only and without limiting the generality of the foregoing provisions of this Section 3, if the daily average undrawn commitment during a 30-day calendar month is Twenty Million Dollars ($20,000,000), the Unused Commitment Fee for such month would be calculated as follows:

$20,000,000 × 0.0030 × (30/360) = $5,000

Of which $3,750 (75%) would be allocated to the Committed Buyer and $1,250 (25%) would be allocated to the Participating Buyer.

The foregoing example is provided solely for purposes of illustration and shall not be construed to limit or modify the terms of this Section 3 in any respect.

(h) Joint and Several Liability. SBF Warehouse I LLC and Skybridge Fintech Ltd. shall be jointly and severally liable for the payment of the Unused Commitment Fee. The obligation to pay the Unused Commitment Fee is absolute and unconditional and shall not be subject to any defense, setoff, counterclaim, rescission, recoupment, or reduction of any kind.

Section 4. Administrative Agent Fee

(a) Amount. The Seller and the Performance Guarantor shall pay to Pinnacle Atlantic Bank, N.A. an annual administrative agent fee (the "Administrative Agent Fee") in the amount of Seventy-Five Thousand Dollars ($75,000) per annum.

(b) Payee. The Administrative Agent Fee shall be payable solely to Pinnacle Atlantic Bank, N.A. in its capacity as Administrative Agent under the MRA. For the avoidance of doubt, the Administrative Agent Fee is compensation to Pinnacle Atlantic Bank, N.A. for its services as Administrative Agent and shall not be shared with or allocated to Ridgeline Capital Markets LLC in its capacity as Participating Buyer.

(c) Payment Timing. The Administrative Agent Fee shall be payable semi-annually in arrears in two (2) equal installments of Thirty-Seven Thousand Five Hundred Dollars ($37,500) each, as follows:

(i) The first installment shall be due and payable on August 28, 2026 (six (6) months from the Closing Date);

(ii) The second installment shall be due and payable on February 28, 2027 (twelve (12) months from the Closing Date); and

(iii) Subsequent installments, if any, shall be due and payable on each successive six-month anniversary of the Closing Date thereafter until the later of (A) the Facility Maturity Date and (B) the date on which all Obligations under the MRA are indefeasibly paid in full in cash and the MRA has been terminated in accordance with its terms.

(d) Proration. In the event that the Administrative Agent Fee is payable for any period that is less than a full semi-annual period (including by reason of early termination of the MRA or payment in full of all Obligations prior to a scheduled installment date), the Administrative Agent Fee for such partial period shall be pro-rated on the basis of the actual number of days elapsed during such partial period divided by one hundred eighty (180).

(e) Non-Refundable. Once earned for a given semi-annual period, the Administrative Agent Fee for such period is non-refundable; provided, however, that the Administrative Agent Fee shall be pro-rated as set forth in Section 4(d) above for any partial semi-annual period, and only the pro-rated amount so earned shall be non-refundable.

(f) Scope of Services. The Administrative Agent Fee is paid in consideration and compensation for the performance by Pinnacle Atlantic Bank, N.A. of its duties and obligations as Administrative Agent under the MRA, including, without limitation:

(i) maintenance of a register of all Purchased Receivables and related records;

(ii) coordination of Purchase Transactions and Repurchase Transactions;

(iii) receipt and distribution of payments, collections, and other amounts received in respect of Purchased Receivables;

(iv) distribution of notices, reports, and other communications among the parties to the MRA;

(v) maintenance of records related to the calculation of the Purchase Price, Repurchase Price, and other amounts payable under the MRA;

(vi) coordination with the Custodian, the Backup Servicer (if applicable), and other service providers; and

(vii) performance of such other administrative duties as may be required of the Administrative Agent under the MRA and the other Transaction Documents.

Section 5. Payment Mechanics

(a) Currency and Manner of Payment. All fees payable under this Fee Letter shall be paid in lawful money of the United States of America in immediately available funds by wire transfer to the account of Pinnacle Atlantic Bank, N.A. as set forth in Exhibit A hereto, or to such other account as the Administrative Agent may designate in writing from time to time upon not less than five (5) Business Days' prior written notice to the Seller and the Performance Guarantor.

(b) Late Payments. Any fee or other amount payable under this Fee Letter that is not paid when due shall bear interest from the date such payment was due through and including the date of actual payment at the Default Rate as defined in the MRA. Such interest shall be payable on demand and shall be computed on the basis of an Actual/360 day-count convention.

(c) Status as Obligations. All fees payable under this Fee Letter shall constitute "Obligations" under and as defined in the MRA. Accordingly, all such fees shall be (i) secured by the Purchased Receivables and all other collateral pledged or granted under the MRA and the other Transaction Documents to the same extent and with the same priority as all other Obligations thereunder, and (ii) guaranteed by Skybridge Fintech Ltd. under and pursuant to the Performance Guaranty dated as of February 28, 2026 (the "Performance Guaranty"), executed and delivered by Skybridge Fintech Ltd. in favor of the Administrative Agent, the Committed Buyer, and the Participating Buyer.

(d) No Setoff or Deduction. All fees payable under this Fee Letter shall be paid free and clear of, and without setoff, counterclaim, deduction, or withholding of any kind, except as required by applicable law. The Seller and the Performance Guarantor shall not assert any claim, defense, setoff, counterclaim, rescission, or recoupment against any fee payment required hereunder.

(e) Taxes; Gross-Up. All fees payable under this Fee Letter are exclusive of any and all applicable taxes, levies, imposts, duties, charges, or withholdings of whatever nature imposed by any governmental authority (collectively, "Taxes"). If the Seller or the Performance Guarantor is required by applicable law to deduct or withhold any Taxes from any fee payment hereunder, the Seller and the Performance Guarantor shall (i) pay such Taxes to the appropriate governmental authority in accordance with applicable law and (ii) pay to the Administrative Agent such additional amounts as are necessary to ensure that the net amount received by the Administrative Agent (after payment of all such Taxes, including any Taxes on such additional amounts) equals the full amount that would have been received had no such deduction or withholding been required. The tax gross-up provisions set forth in the MRA shall apply to payments under this Fee Letter, mutatis mutandis.

Section 6. Relationship to MRA and Other Transaction Documents

(a) Transaction Document. This Fee Letter is a "Transaction Document" as such term is defined in the MRA. All representations, warranties, covenants, and other provisions of the MRA and the other Transaction Documents applicable to Transaction Documents generally shall apply to this Fee Letter as though fully set forth herein.

(b) Conflicts. In the event of any conflict or inconsistency between the terms and provisions of this Fee Letter and the terms and provisions of the MRA or any other Transaction Document, the terms and provisions of this Fee Letter shall govern and control with respect to the subject matter hereof (i.e., the amounts, rates, timing, manner, and other mechanics of fee payments). In all other respects, the MRA and the other Transaction Documents shall remain in full force and effect.

(c) Event of Default. Any failure by the Seller or the Performance Guarantor to pay any fee required to be paid under this Fee Letter when due and payable, or any other breach of the terms and conditions of this Fee Letter, shall constitute an Event of Default under and as defined in the MRA, with all the rights and remedies attendant thereto, including, without limitation, the right of the Administrative Agent and the Buyers to terminate the Revolving Period, accelerate all outstanding Repurchase Obligations, and exercise remedies with respect to the Purchased Receivables and other collateral.

(d) Performance Guaranty. The obligations of Skybridge Fintech Ltd. under this Fee Letter are in addition to, and not in limitation or substitution of, its obligations under the Performance Guaranty. Nothing in this Fee Letter shall be construed to limit, impair, or otherwise affect any right or remedy of the Administrative Agent or any Buyer under the Performance Guaranty, and nothing in the Performance Guaranty shall be construed to limit, impair, or otherwise affect any right or remedy of the Administrative Agent or any Buyer under this Fee Letter.

Section 7. Confidentiality

(a) General Obligation. The terms and conditions of this Fee Letter, including, without limitation, the fee amounts, rates, payment schedules, and other commercial terms set forth herein, are confidential and proprietary, and shall not be disclosed by any party hereto to any person other than:

(i) their respective officers, directors, employees, agents, accountants, legal advisors, and financial advisors, in each case on a need-to-know basis and who are informed of the confidential nature of such information and agree to maintain its confidentiality;

(ii) as required by applicable law, rule, or regulation, or by any subpoena, civil investigative demand, or similar legal process;

(iii) to any regulatory authority, self-regulatory organization, or examiner having jurisdiction over such party, in each case in connection with the exercise of such authority's regulatory or supervisory functions;

(iv) in connection with any legal proceeding relating to the enforcement of rights or remedies under this Fee Letter, the MRA, or any other Transaction Document; or

(v) with the prior written consent of each of the other parties hereto.

(b) Existence of Fee Letter. Notwithstanding the foregoing, the existence of this Fee Letter (but not the specific terms, conditions, fee amounts, rates, or other commercial terms hereof) may be disclosed to the extent required by applicable securities laws, rules, or regulations, or in connection with any regulatory filing made by any party hereto or any of its affiliates with any governmental authority or securities exchange.

Section 8. Amendments and Waivers

(a) Amendments. This Fee Letter may not be amended, supplemented, restated, or otherwise modified except by a written instrument duly executed and delivered by each of SBF Warehouse I LLC, Skybridge Fintech Ltd., and Pinnacle Atlantic Bank, N.A. No oral agreement or course of dealing shall constitute an amendment or modification of this Fee Letter.

(b) Waivers. No waiver of any provision of this Fee Letter, and no consent to any departure by any party from the terms hereof, shall be effective unless such waiver or consent is in writing and signed by the party granting such waiver or consent. Any such waiver or consent shall be effective only in the specific instance and for the specific purpose for which it is given.

(c) No Implied Waiver. No failure or delay by any party in exercising any right, power, or remedy under this Fee Letter shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power, or remedy preclude any other or further exercise thereof or the exercise of any other right, power, or remedy. The rights and remedies provided herein are cumulative and are not exclusive of any rights or remedies provided by law or in equity.

Section 9. Successors and Assigns

(a) Binding Effect. This Fee Letter shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns.

(b) Restrictions on Assignment by Seller and Performance Guarantor. Neither the Seller nor the Performance Guarantor may assign, delegate, or transfer any of its rights or obligations under this Fee Letter without the prior written consent of the Administrative Agent, and any purported assignment, delegation, or transfer in violation of this Section 9(b) shall be null and void and of no force or effect.

(c) Assignment by Administrative Agent. The Administrative Agent may assign its rights and obligations under this Fee Letter in connection with any assignment of its rights and obligations under the MRA, in each case in accordance with the assignment and participation provisions set forth in the MRA. Any such assignee shall be entitled to the benefits of this Fee Letter to the same extent as if such assignee were a party hereto.

Section 10. Governing Law

This Fee Letter and the rights and obligations of the parties hereunder shall be governed by and construed in accordance with the laws of the State of New York without regard to principles of conflicts of law that would require the application of the laws of any other jurisdiction; provided, however, that Sections 5-1401 and 5-1402 of the New York General Obligations Law shall apply. Each party acknowledges and agrees that the State of New York bears a reasonable relation to this Fee Letter and to the transactions contemplated hereby.

Section 11. Jurisdiction and Venue

Each party hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the courts of the State of New York sitting in the Borough of Manhattan, City of New York, and of the United States District Court for the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Fee Letter or any other Transaction Document, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in any such court. Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, (a) any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Fee Letter in any court referred to in this Section 11, and (b) the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. Each party hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable law.

Section 12. WAIVER OF JURY TRIAL

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS FEE LETTER, THE MRA, ANY OTHER TRANSACTION DOCUMENT, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS FEE LETTER BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 12.

Section 13. Counterparts; Electronic Execution

This Fee Letter may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed to be an original, and all of which counterparts, taken together, shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Fee Letter by facsimile transmission or by electronic transmission in portable document format (.pdf) or any other electronic format shall be as effective as delivery of a manually executed counterpart of this Fee Letter. At the request of any party hereto, the other parties shall confirm any facsimile or electronically transmitted signature page by delivering a manually executed counterpart; provided, however, that the failure to deliver such manually executed counterpart shall not affect the validity, enforceability, or binding effect of this Fee Letter.

Section 14. Entire Agreement

This Fee Letter, together with the MRA, the Performance Guaranty, and the other Transaction Documents, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, discussions, representations, and warranties, whether written or oral, relating to the subject matter hereof. There are no representations, warranties, covenants, or agreements among the parties with respect to the fees and other amounts payable in connection with the MRA other than those expressly set forth or referred to in this Fee Letter and the other Transaction Documents.

[Remainder of Page Intentionally Left Blank; Signature Pages Follow]

IN WITNESS WHEREOF, the parties hereto have caused this Fee Letter to be duly executed and delivered as of the date first written above.

SBF WAREHOUSE I LLC

By: Skybridge Fintech Ltd., its sole member

By: ________

Name: Rajan Sundaram

Title: Chief Financial Officer of Skybridge Fintech Ltd., as sole member of SBF Warehouse I LLC

Date: February 28, 2026

SKYBRIDGE FINTECH LTD., as Performance Guarantor

By: ________

Name: Rajan Sundaram

Title: Chief Financial Officer

Date: February 28, 2026

PINNACLE ATLANTIC BANK, N.A., as Administrative Agent

By: ________

Name: Harrison Wolfe

Title: Managing Director, Structured Products & Specialty Finance

Date: February 28, 2026

EXHIBIT A

WIRE TRANSFER INSTRUCTIONS

All fee payments required to be made under the Fee Letter dated February 28, 2026, among SBF Warehouse I LLC, Skybridge Fintech Ltd., and Pinnacle Atlantic Bank, N.A., shall be made by wire transfer of immediately available funds in accordance with the following instructions (or such other instructions as the Administrative Agent may provide in writing from time to time):

Contact for Wire Transfer Inquiries:

Candace Reeves Director, Warehouse Lending Pinnacle Atlantic Bank, N.A. 201 South Tryon Street, 34th Floor Charlotte, NC 28202

The Seller and the Performance Guarantor shall confirm each wire transfer with the contact person identified above on the Business Day on which such wire transfer is initiated. The Administrative Agent shall promptly notify the Seller and the Performance Guarantor in writing of any changes to the foregoing wire transfer instructions not less than five (5) Business Days prior to any scheduled fee payment date.

Bank Name:	Pinnacle Atlantic Bank, N.A.
ABA/Routing Number:	[To be provided by Administrative Agent prior to Closing Date]
Account Name:	Pinnacle Atlantic Bank, N.A. — Structured Products Agency Account
Account Number:	[To be provided by Administrative Agent prior to Closing Date]
Reference:	Skybridge Warehouse Facility — Fee Letter Payments

CONFIDENTIAL
February 28, 2026
Calderwood & Harkness LLP 599 Lexington Avenue, 36th Floor New York, New York 10022
Pinnacle Atlantic Bank, N.A. 201 South Tryon Street, 34th Floor Charlotte, NC 28202
Attention: Harrison Wolfe, Managing Director, Structured Products & Specialty Finance
With a copy to:
Whitmore Crane & Bates LLP 1 Liberty Plaza, 41st Floor New York, NY 10006
Attention: Conrad Whitfield
FEE LETTER
Ladies and Gentlemen:
Reference is made to that certain Master Repurchase Agreement dated as of February 28, 2026 (as amended, restated, supplemented, or otherwise modified from time to time, the "MRA"), among SBF Warehouse I LLC, a Delaware limited liability company (the "Seller"), Pinnacle Atlantic Bank, N.A., a national banking association, in its capacities as administrative agent (in such capacity, the "Administrative Agent") and as committed buyer (in such capacity, the "Committed Buyer" or "Buyer"), and Ridgeline Capital Markets LLC, a New York limited liability company, as participating buyer (the "Participating Buyer"). This letter agreement (this "Fee Letter") is the "Fee Letter" referred to in the MRA and is being delivered as a condition precedent to the initial Purchase Transaction under the MRA.
SBF Warehouse I LLC (EIN: 93-1784620; Delaware Entity File No. 8102356; with its registered office at c/o Skybridge Fintech Ltd., 400 North Market Street, Suite 1200, Wilmington, Delaware 19801) and Skybridge Fintech Ltd., a Delaware corporation ("Skybridge" or the "Performance Guarantor"; EIN: 84-3291507; Delaware Entity File No. 7384921; with its principal office at 400 North Market Street, Suite 1200, Wilmington, Delaware 19801), are jointly entering into this Fee Letter with Pinnacle Atlantic Bank, N.A. (RSSD ID: 4827301; with its office at 201 South Tryon Street, 34th Floor, Charlotte, North Carolina 28202).
The parties hereto acknowledge and agree that (a) the Maximum Facility Amount under the MRA is Forty Million Dollars ($40,000,000), (b) the Committed Buyer's commitment thereunder is Thirty Million Dollars ($30,000,000), representing seventy-five percent (75%) of the Maximum Facility Amount, and (c) the Participating Buyer's commitment thereunder is Ten Million Dollars ($10,000,000), representing twenty-five percent (25%) of the Maximum Facility Amount. This Fee Letter sets forth certain fees payable by the Seller and the Performance Guarantor to the Administrative Agent and for the account of the Buyers in connection with the MRA and the transactions contemplated thereby.
Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the MRA. This Fee Letter is being delivered as a condition precedent to the initial Purchase Transaction under the MRA, and the Administrative Agent's and the Buyers' obligations to consummate any Purchase Transaction under the MRA are expressly conditioned upon, among other things, the execution and delivery of this Fee Letter and the payment of the Upfront Fee (as defined below) on the Closing Date.
Section 1. Definitions
As used in this Fee Letter, the following terms shall have the following meanings:
"Amortization Period" means the period commencing on August 29, 2026 and ending on the Facility Maturity Date (August 28, 2027), during which no new Purchase Transactions shall be entered into and all outstanding Repurchase Obligations shall be repaid in accordance with the terms of the MRA.
"Business Day" shall have the meaning ascribed to such term in the MRA (generally, any day other than a Saturday, Sunday, or other day on which commercial banks in the City of New York, State of New York, are authorized or required by law to close).
"Closing Date" means February 28, 2026.
"Facility Amount" or "Maximum Facility Amount" means Forty Million Dollars ($40,000,000), as such amount may be increased or decreased from time to time in accordance with the terms of the MRA.
"Facility Maturity Date" means August 28, 2027, which is eighteen (18) months from the Closing Date, subject to any earlier termination of the MRA in accordance with its terms.
"MRA" has the meaning set forth in the introductory paragraph of this Fee Letter.
"Purchase Price" shall have the meaning ascribed to such term in the MRA (calculated at an eighty-five percent (85%) advance rate of the Cut-Off Date Principal Balance of Eligible Receivables, as more fully described in the MRA).
"Revolving Period" means the period commencing on the Closing Date (February 28, 2026) and ending on August 28, 2026 (a period of six (6) months), during which Purchase Transactions may be entered into under the MRA, subject to the terms and conditions thereof.
All other capitalized terms used in this Fee Letter and not otherwise defined herein shall have the meanings ascribed to such terms in the MRA or the other Transaction Documents, as applicable. The rules of construction and interpretation set forth in the MRA shall apply to this Fee Letter, mutatis mutandis.
Section 2. Upfront / Structuring Fee
(a) Amount and Calculation. In consideration of the Administrative Agent's and the Buyers' agreement to enter into the MRA and to make the facility available to the Seller, the Seller and the Performance Guarantor shall pay to the Administrative Agent an upfront structuring fee (the "Upfront Fee") in the amount of Two Hundred Thousand Dollars ($200,000). The Upfront Fee has been calculated as fifty (50) basis points (0.50%) multiplied by the Maximum Facility Amount of Forty Million Dollars ($40,000,000) (i.e., $40,000,000 × 0.0050 = $200,000).
(b) Payee. The Upfront Fee shall be payable to Pinnacle Atlantic Bank, N.A. solely in its capacity as Administrative Agent.
(c) Payment Timing. The Upfront Fee shall be due and payable in full on the Closing Date (February 28, 2026) in immediately available funds by wire transfer to the account designated by the Administrative Agent. Wire transfer instructions for payment of the Upfront Fee shall be as provided by Pinnacle Atlantic Bank, N.A. separately in writing or as set forth in Exhibit A attached hereto and made a part hereof.
(d) Non-Refundable; Fully Earned. The Upfront Fee, once paid, shall be fully earned and non-refundable under any and all circumstances, including, without limitation, in the event of (i) early termination of the MRA, whether voluntary or involuntary, (ii) the occurrence of an Event of Default under the MRA, (iii) acceleration of any Repurchase Obligations, (iv) any reduction in the Maximum Facility Amount, or (v) any other event or circumstance whatsoever. The parties acknowledge and agree that the Upfront Fee constitutes reasonable compensation for the Administrative Agent's commitment to make the facility available and the costs incurred by the Administrative Agent in structuring, documenting, and closing the transactions contemplated by the MRA.
(e) Joint and Several Liability. SBF Warehouse I LLC and Skybridge Fintech Ltd. shall be jointly and severally liable for the payment of the Upfront Fee. The obligation to pay the Upfront Fee is absolute and unconditional and shall not be subject to any defense, setoff, counterclaim, rescission, recoupment, or reduction of any kind.
Section 3. Unused Commitment Fee
(a) Rate. The Seller and the Performance Guarantor shall pay to the Administrative Agent, for the account of the Committed Buyer and the Participating Buyer, an unused commitment fee (the "Unused Commitment Fee") at the rate of thirty (30) basis points (0.30%) per annum.
(b) Calculation Basis. The Unused Commitment Fee shall be calculated on the daily average undrawn portion of the aggregate commitments under the MRA during the applicable calculation period. For purposes of this calculation, the "undrawn portion" on any given day shall equal the excess, if any, of (i) the Maximum Facility Amount of Forty Million Dollars ($40,000,000) over (ii) the aggregate outstanding Purchase Price of all Purchased Receivables on such day. For the avoidance of doubt, Purchased Receivables that have been repurchased by the Seller or with respect to which a Repurchase Date has occurred shall not be included in the calculation of the aggregate outstanding Purchase Price.
(c) Accrual Period. The Unused Commitment Fee shall accrue from and including the Closing Date (February 28, 2026) through the earliest of (i) the last day of the Revolving Period (August 28, 2026), (ii) the date on which the Revolving Period is terminated due to the occurrence and continuation of an Event of Default under the MRA, or (iii) the date on which all commitments of the Committed Buyer and the Participating Buyer under the MRA are irrevocably terminated in accordance with the terms thereof. For the avoidance of doubt, no Unused Commitment Fee shall accrue during the Amortization Period, as no further commitments to enter into Purchase Transactions shall be outstanding during such period.
(d) Payment Timing. The Unused Commitment Fee shall be payable monthly in arrears on the last Business Day of each calendar month, commencing on March 31, 2026, with the final payment of the Unused Commitment Fee due and payable on the date on which the Revolving Period ends (whether by scheduled expiration, early termination, or otherwise). Each monthly payment shall reflect the Unused Commitment Fee accrued during the immediately preceding calendar month (or, in the case of the first payment, the period from and including the Closing Date through and including the last day of March 2026).
(e) Day-Count Convention. The Unused Commitment Fee shall be computed on the basis of an Actual/360 day-count convention — that is, on the basis of the actual number of days elapsed in the applicable calculation period divided by three hundred and sixty (360).
(f) Allocation Among Buyers. The Unused Commitment Fee shall be payable to Pinnacle Atlantic Bank, N.A. as Administrative Agent for the account of the Committed Buyer and the Participating Buyer. The Administrative Agent shall allocate the Unused Commitment Fee received among the Buyers pro rata based on their respective commitments, as follows:
(i) Pinnacle Atlantic Bank, N.A. (as Committed Buyer): Thirty Million Dollars ($30,000,000) / Forty Million Dollars ($40,000,000) = seventy-five percent (75%); and
(ii) Ridgeline Capital Markets LLC (as Participating Buyer): Ten Million Dollars ($10,000,000) / Forty Million Dollars ($40,000,000) = twenty-five percent (25%).
(g) Illustrative Calculation. For illustrative purposes only and without limiting the generality of the foregoing provisions of this Section 3, if the daily average undrawn commitment during a 30-day calendar month is Twenty Million Dollars ($20,000,000), the Unused Commitment Fee for such month would be calculated as follows:
$20,000,000 × 0.0030 × (30/360) = $5,000
Of which $3,750 (75%) would be allocated to the Committed Buyer and $1,250 (25%) would be allocated to the Participating Buyer.
The foregoing example is provided solely for purposes of illustration and shall not be construed to limit or modify the terms of this Section 3 in any respect.
(h) Joint and Several Liability. SBF Warehouse I LLC and Skybridge Fintech Ltd. shall be jointly and severally liable for the payment of the Unused Commitment Fee. The obligation to pay the Unused Commitment Fee is absolute and unconditional and shall not be subject to any defense, setoff, counterclaim, rescission, recoupment, or reduction of any kind.
Section 4. Administrative Agent Fee
(a) Amount. The Seller and the Performance Guarantor shall pay to Pinnacle Atlantic Bank, N.A. an annual administrative agent fee (the "Administrative Agent Fee") in the amount of Seventy-Five Thousand Dollars ($75,000) per annum.
(b) Payee. The Administrative Agent Fee shall be payable solely to Pinnacle Atlantic Bank, N.A. in its capacity as Administrative Agent under the MRA. For the avoidance of doubt, the Administrative Agent Fee is compensation to Pinnacle Atlantic Bank, N.A. for its services as Administrative Agent and shall not be shared with or allocated to Ridgeline Capital Markets LLC in its capacity as Participating Buyer.
(c) Payment Timing. The Administrative Agent Fee shall be payable semi-annually in arrears in two (2) equal installments of Thirty-Seven Thousand Five Hundred Dollars ($37,500) each, as follows:
(i) The first installment shall be due and payable on August 28, 2026 (six (6) months from the Closing Date);
(ii) The second installment shall be due and payable on February 28, 2027 (twelve (12) months from the Closing Date); and
(iii) Subsequent installments, if any, shall be due and payable on each successive six-month anniversary of the Closing Date thereafter until the later of (A) the Facility Maturity Date and (B) the date on which all Obligations under the MRA are indefeasibly paid in full in cash and the MRA has been terminated in accordance with its terms.
(d) Proration. In the event that the Administrative Agent Fee is payable for any period that is less than a full semi-annual period (including by reason of early termination of the MRA or payment in full of all Obligations prior to a scheduled installment date), the Administrative Agent Fee for such partial period shall be pro-rated on the basis of the actual number of days elapsed during such partial period divided by one hundred eighty (180).
(e) Non-Refundable. Once earned for a given semi-annual period, the Administrative Agent Fee for such period is non-refundable; provided, however, that the Administrative Agent Fee shall be pro-rated as set forth in Section 4(d) above for any partial semi-annual period, and only the pro-rated amount so earned shall be non-refundable.
(f) Scope of Services. The Administrative Agent Fee is paid in consideration and compensation for the performance by Pinnacle Atlantic Bank, N.A. of its duties and obligations as Administrative Agent under the MRA, including, without limitation:
(i) maintenance of a register of all Purchased Receivables and related records;
(ii) coordination of Purchase Transactions and Repurchase Transactions;
(iii) receipt and distribution of payments, collections, and other amounts received in respect of Purchased Receivables;
(iv) distribution of notices, reports, and other communications among the parties to the MRA;
(v) maintenance of records related to the calculation of the Purchase Price, Repurchase Price, and other amounts payable under the MRA;
(vi) coordination with the Custodian, the Backup Servicer (if applicable), and other service providers; and
(vii) performance of such other administrative duties as may be required of the Administrative Agent under the MRA and the other Transaction Documents.
Section 5. Payment Mechanics
(a) Currency and Manner of Payment. All fees payable under this Fee Letter shall be paid in lawful money of the United States of America in immediately available funds by wire transfer to the account of Pinnacle Atlantic Bank, N.A. as set forth in Exhibit A hereto, or to such other account as the Administrative Agent may designate in writing from time to time upon not less than five (5) Business Days' prior written notice to the Seller and the Performance Guarantor.
(b) Late Payments. Any fee or other amount payable under this Fee Letter that is not paid when due shall bear interest from the date such payment was due through and including the date of actual payment at the Default Rate as defined in the MRA. Such interest shall be payable on demand and shall be computed on the basis of an Actual/360 day-count convention.
(c) Status as Obligations. All fees payable under this Fee Letter shall constitute "Obligations" under and as defined in the MRA. Accordingly, all such fees shall be (i) secured by the Purchased Receivables and all other collateral pledged or granted under the MRA and the other Transaction Documents to the same extent and with the same priority as all other Obligations thereunder, and (ii) guaranteed by Skybridge Fintech Ltd. under and pursuant to the Performance Guaranty dated as of February 28, 2026 (the "Performance Guaranty"), executed and delivered by Skybridge Fintech Ltd. in favor of the Administrative Agent, the Committed Buyer, and the Participating Buyer.
(d) No Setoff or Deduction. All fees payable under this Fee Letter shall be paid free and clear of, and without setoff, counterclaim, deduction, or withholding of any kind, except as required by applicable law. The Seller and the Performance Guarantor shall not assert any claim, defense, setoff, counterclaim, rescission, or recoupment against any fee payment required hereunder.
(e) Taxes; Gross-Up. All fees payable under this Fee Letter are exclusive of any and all applicable taxes, levies, imposts, duties, charges, or withholdings of whatever nature imposed by any governmental authority (collectively, "Taxes"). If the Seller or the Performance Guarantor is required by applicable law to deduct or withhold any Taxes from any fee payment hereunder, the Seller and the Performance Guarantor shall (i) pay such Taxes to the appropriate governmental authority in accordance with applicable law and (ii) pay to the Administrative Agent such additional amounts as are necessary to ensure that the net amount received by the Administrative Agent (after payment of all such Taxes, including any Taxes on such additional amounts) equals the full amount that would have been received had no such deduction or withholding been required. The tax gross-up provisions set forth in the MRA shall apply to payments under this Fee Letter, mutatis mutandis.
Section 6. Relationship to MRA and Other Transaction Documents
(a) Transaction Document. This Fee Letter is a "Transaction Document" as such term is defined in the MRA. All representations, warranties, covenants, and other provisions of the MRA and the other Transaction Documents applicable to Transaction Documents generally shall apply to this Fee Letter as though fully set forth herein.
(b) Conflicts. In the event of any conflict or inconsistency between the terms and provisions of this Fee Letter and the terms and provisions of the MRA or any other Transaction Document, the terms and provisions of this Fee Letter shall govern and control with respect to the subject matter hereof (i.e., the amounts, rates, timing, manner, and other mechanics of fee payments). In all other respects, the MRA and the other Transaction Documents shall remain in full force and effect.
(c) Event of Default. Any failure by the Seller or the Performance Guarantor to pay any fee required to be paid under this Fee Letter when due and payable, or any other breach of the terms and conditions of this Fee Letter, shall constitute an Event of Default under and as defined in the MRA, with all the rights and remedies attendant thereto, including, without limitation, the right of the Administrative Agent and the Buyers to terminate the Revolving Period, accelerate all outstanding Repurchase Obligations, and exercise remedies with respect to the Purchased Receivables and other collateral.
(d) Performance Guaranty. The obligations of Skybridge Fintech Ltd. under this Fee Letter are in addition to, and not in limitation or substitution of, its obligations under the Performance Guaranty. Nothing in this Fee Letter shall be construed to limit, impair, or otherwise affect any right or remedy of the Administrative Agent or any Buyer under the Performance Guaranty, and nothing in the Performance Guaranty shall be construed to limit, impair, or otherwise affect any right or remedy of the Administrative Agent or any Buyer under this Fee Letter.
Section 7. Confidentiality
(a) General Obligation. The terms and conditions of this Fee Letter, including, without limitation, the fee amounts, rates, payment schedules, and other commercial terms set forth herein, are confidential and proprietary, and shall not be disclosed by any party hereto to any person other than:
(i) their respective officers, directors, employees, agents, accountants, legal advisors, and financial advisors, in each case on a need-to-know basis and who are informed of the confidential nature of such information and agree to maintain its confidentiality;
(ii) as required by applicable law, rule, or regulation, or by any subpoena, civil investigative demand, or similar legal process;
(iii) to any regulatory authority, self-regulatory organization, or examiner having jurisdiction over such party, in each case in connection with the exercise of such authority's regulatory or supervisory functions;
(iv) in connection with any legal proceeding relating to the enforcement of rights or remedies under this Fee Letter, the MRA, or any other Transaction Document; or
(v) with the prior written consent of each of the other parties hereto.
(b) Existence of Fee Letter. Notwithstanding the foregoing, the existence of this Fee Letter (but not the specific terms, conditions, fee amounts, rates, or other commercial terms hereof) may be disclosed to the extent required by applicable securities laws, rules, or regulations, or in connection with any regulatory filing made by any party hereto or any of its affiliates with any governmental authority or securities exchange.
Section 8. Amendments and Waivers
(a) Amendments. This Fee Letter may not be amended, supplemented, restated, or otherwise modified except by a written instrument duly executed and delivered by each of SBF Warehouse I LLC, Skybridge Fintech Ltd., and Pinnacle Atlantic Bank, N.A. No oral agreement or course of dealing shall constitute an amendment or modification of this Fee Letter.
(b) Waivers. No waiver of any provision of this Fee Letter, and no consent to any departure by any party from the terms hereof, shall be effective unless such waiver or consent is in writing and signed by the party granting such waiver or consent. Any such waiver or consent shall be effective only in the specific instance and for the specific purpose for which it is given.
(c) No Implied Waiver. No failure or delay by any party in exercising any right, power, or remedy under this Fee Letter shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power, or remedy preclude any other or further exercise thereof or the exercise of any other right, power, or remedy. The rights and remedies provided herein are cumulative and are not exclusive of any rights or remedies provided by law or in equity.
Section 9. Successors and Assigns
(a) Binding Effect. This Fee Letter shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns.
(b) Restrictions on Assignment by Seller and Performance Guarantor. Neither the Seller nor the Performance Guarantor may assign, delegate, or transfer any of its rights or obligations under this Fee Letter without the prior written consent of the Administrative Agent, and any purported assignment, delegation, or transfer in violation of this Section 9(b) shall be null and void and of no force or effect.
(c) Assignment by Administrative Agent. The Administrative Agent may assign its rights and obligations under this Fee Letter in connection with any assignment of its rights and obligations under the MRA, in each case in accordance with the assignment and participation provisions set forth in the MRA. Any such assignee shall be entitled to the benefits of this Fee Letter to the same extent as if such assignee were a party hereto.
Section 10. Governing Law
This Fee Letter and the rights and obligations of the parties hereunder shall be governed by and construed in accordance with the laws of the State of New York without regard to principles of conflicts of law that would require the application of the laws of any other jurisdiction; provided, however, that Sections 5-1401 and 5-1402 of the New York General Obligations Law shall apply. Each party acknowledges and agrees that the State of New York bears a reasonable relation to this Fee Letter and to the transactions contemplated hereby.
Section 11. Jurisdiction and Venue
Each party hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the courts of the State of New York sitting in the Borough of Manhattan, City of New York, and of the United States District Court for the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Fee Letter or any other Transaction Document, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in any such court. Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, (a) any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Fee Letter in any court referred to in this Section 11, and (b) the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. Each party hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable law.
Section 12. WAIVER OF JURY TRIAL
EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS FEE LETTER, THE MRA, ANY OTHER TRANSACTION DOCUMENT, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS FEE LETTER BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 12.
Section 13. Counterparts; Electronic Execution
This Fee Letter may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed to be an original, and all of which counterparts, taken together, shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Fee Letter by facsimile transmission or by electronic transmission in portable document format (.pdf) or any other electronic format shall be as effective as delivery of a manually executed counterpart of this Fee Letter. At the request of any party hereto, the other parties shall confirm any facsimile or electronically transmitted signature page by delivering a manually executed counterpart; provided, however, that the failure to deliver such manually executed counterpart shall not affect the validity, enforceability, or binding effect of this Fee Letter.
Section 14. Entire Agreement
This Fee Letter, together with the MRA, the Performance Guaranty, and the other Transaction Documents, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, discussions, representations, and warranties, whether written or oral, relating to the subject matter hereof. There are no representations, warranties, covenants, or agreements among the parties with respect to the fees and other amounts payable in connection with the MRA other than those expressly set forth or referred to in this Fee Letter and the other Transaction Documents.
[Remainder of Page Intentionally Left Blank; Signature Pages Follow]
IN WITNESS WHEREOF, the parties hereto have caused this Fee Letter to be duly executed and delivered as of the date first written above.
SBF WAREHOUSE I LLC
By: Skybridge Fintech Ltd., its sole member
By: ________
Name: Rajan Sundaram
Title: Chief Financial Officer of Skybridge Fintech Ltd., as sole member of SBF Warehouse I LLC
Date: February 28, 2026
SKYBRIDGE FINTECH LTD., as Performance Guarantor
By: ________
Name: Rajan Sundaram
Title: Chief Financial Officer
Date: February 28, 2026
PINNACLE ATLANTIC BANK, N.A., as Administrative Agent
By: ________
Name: Harrison Wolfe
Title: Managing Director, Structured Products & Specialty Finance
Date: February 28, 2026
EXHIBIT A
WIRE TRANSFER INSTRUCTIONS
All fee payments required to be made under the Fee Letter dated February 28, 2026, among SBF Warehouse I LLC, Skybridge Fintech Ltd., and Pinnacle Atlantic Bank, N.A., shall be made by wire transfer of immediately available funds in accordance with the following instructions (or such other instructions as the Administrative Agent may provide in writing from time to time):
Contact for Wire Transfer Inquiries:
Candace Reeves Director, Warehouse Lending Pinnacle Atlantic Bank, N.A. 201 South Tryon Street, 34th Floor Charlotte, NC 28202
The Seller and the Performance Guarantor shall confirm each wire transfer with the contact person identified above on the Business Day on which such wire transfer is initiated. The Administrative Agent shall promptly notify the Seller and the Performance Guarantor in writing of any changes to the foregoing wire transfer instructions not less than five (5) Business Days prior to any scheduled fee payment date.
Bank Name: | Pinnacle Atlantic Bank, N.A.
ABA/Routing Number: | [To be provided by Administrative Agent prior to Closing Date]
Account Name: | Pinnacle Atlantic Bank, N.A. — Structured Products Agency Account
Account Number: | [To be provided by Administrative Agent prior to Closing Date]
Reference: | Skybridge Warehouse Facility — Fee Letter Payments

CONFIDENTIAL

FEE LETTER

SBF WAREHOUSE I LLC

EXHIBIT A

WIRE TRANSFER INSTRUCTIONS

Record

Parties

Dates

Amounts