X0306 4 2020-08-12 0 0001253176 VAPOTHERM INC VAPO 0001762924 3x5 Partners, LLC 2540 NE MARTIN LUTHER KING JR. BLVD. PORTLAND OR 97212 0 0 1 0 Common Stock 2020-08-12 4 J 0 209992 0.00 D 839966 I By 3x5 Special Opportunity Fund, L.P. Common Stock 2020-08-12 4 J 0 442806 0.00 D 1771225 I By Vapotherm Investors, LLC Common Stock 2020-08-12 4 J 0 2625 0.00 A 2625 I By Arnerich 3x5 Special Opportunity Managers, L.P. Common Stock 30000 D Pro rata distribution of shares held by 3x5 Special Opportunity Fund, L.P to its general partners and limited partners. The Reporting Person is a member of 3x5 Special Opportunity Partners, LLC. 3x5 Special Opportunity Partners, LLC is the general partner of 3x5 Special Opportunity Fund, L.P., the direct beneficial owner of these securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such securities except to the extent of its pecuniary interest therein. Pro rata distribution of shares held by Vapotherm Investors, LLC to its members. The Reporting Person is the managing member of Vapotherm Investors, LLC, the direct beneficial owner of these securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such securities except to the extent of its pecuniary interest therein. The Reporting Person is the general manager of Arnerich 3x5 Special Opportunity Managers, L.P. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such securities except to the extent of its pecuniary interest therein. /s/ Nicholas T. Walrod, managing member 2020-08-14