X0206 3 2026-02-24 0 0001506492 Nuwellis, Inc. NUWE 0001455136 McDonald David 12988 VALLEY VIEW ROAD EDEN PRAIRIE MN 55344 true Nonstatutory Stock Option 1.32 2034-01-01 Common Stock 7 D Nonstatutory Stock Option 1.36 2035-05-19 Common Stock 416 D The reporting person was a member of the Board of Directors (the "Board") of the Issuer from November 1, 2023 until January 21, 2026, and filed an initial Form 3 on November 1, 2023. He was reappointed to the Board on February 24, 2026. The option is fully vested. Vests in 12 approximately equal consecutive monthly increments, commencing on the one-month anniversary of the date of grant, so that all of the options will be vested on the one-year anniversary of the date of grant. Exhibit 24, Power of Attorney, is attached. /s/ Neil P. Ayotte, by Power of Attorney 2026-03-02