SCHEDULE 13G/A 0001062993-22-004005 0001894090 XXXXXXXX LIVE 4 Class A Common Stock, $0.0001 par value per share 12/31/2025 0001676238 Braze, Inc. 10576N102 63 Madison Building 28 E. 28th Street, 12th floor mailroom New York NY 10016 Rule 13d-1(d) MCG7 Capital Inc. A1 0 7634408 0 7634408 7634408 7.22 HC Row 6: MCG7 Capital Inc. ("MCG7") shares voting power with its indirect wholly-owned subsidiaries, Binder Clip Holdings LLC ("Binder") and Appboy BH LLC ("Appboy"). Row 8: MCG7 shares dispositive power with its indirect wholly-owned subsidiaries, Binder and Appboy. Row 11: This calculation is based on Braze, Inc. (the "Issuer") having 105,783,258 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") outstanding as of December 31, 2025, as reported to MCG7 by the Issuer on February 12, 2026. Binder, the indirect wholly-owned subsidiary of MCG7, directly held 7,278,960 shares of Class A Common Stock as of December 31, 2025. Appboy, the direct wholly-owned subsidiary of Binder, directly held 355,448 shares of Class A Common Stock as of December 31, 2025. The 7,278,960 shares of Class A Common Stock directly held by Binder as of December 31, 2025 and the 355,448 shares of Class A Common Stock directly held by Appboy as of December 31, 2025 together represented 7.22% of the issued and outstanding Class A Common Stock as of December 31, 2025. Binder Clip Holdings LLC DE 0 7634408 0 7634408 7634408 7.22 OO Row 6: MCG7 Capital Inc. ("MCG7") shares voting power with its indirect wholly-owned subsidiaries, Binder Clip Holdings LLC ("Binder") and Appboy BH LLC ("Appboy"). Row 8: MCG7 shares dispositive power with its indirect wholly-owned subsidiaries, Binder and Appboy. Row 11: This calculation is based on Braze, Inc. (the "Issuer") having 105,783,258 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") outstanding as of December 31, 2025, as reported to MCG7 by the Issuer on February 12, 2026. Binder, the indirect wholly-owned subsidiary of MCG7, directly held 7,278,960 shares of Class A Common Stock as of December 31, 2025. Appboy, the direct wholly-owned subsidiary of Binder, directly held 355,448 shares of Class A Common Stock as of December 31, 2025. The 7,278,960 shares of Class A Common Stock directly held by Binder as of December 31, 2025 and the 355,448 shares of Class A Common Stock directly held by Appboy as of December 31, 2025 together represented 7.22% of the issued and outstanding Class A Common Stock as of December 31, 2025. Appboy BH LLC DE 0 355448 0 355448 355448 0.34 OO Row 6: MCG7 Capital Inc. ("MCG7") shares voting power with its indirect wholly-owned subsidiaries, Binder Clip Holdings LLC ("Binder") and Appboy BH LLC ("Appboy"). Binder shares voting power with its direct wholly-owned subsidiary, Appboy. Row 8: MCG7 shares dispositive power with its indirect wholly-owned subsidiaries, Binder and Appboy. Binder shares dispositive power with its direct wholly-owned subsidiary, Appboy. Row 11: This calculation is based on Braze, Inc. (the "Issuer") having 105,783,258 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") outstanding as of December 31, 2025, as reported to Appboy by the Issuer on February 12, 2026. Appboy, the direct wholly-owned subsidiary of Binder, directly held 355,448 shares of Class A Common Stock as of December 31, 2025. The 355,448 shares of Class A Common Stock held by Appboy as of December 31, 2025 represented 0.34% of the issued and outstanding Class A Common Stock as of December 31, 2025. Braze, Inc. 63 Madison Building, 28 E. 28th Street, 12th floor mailroom, New York, NEW YORK 10016 (i) MCG7 Capital Inc. ("MCG7") (ii) Binder Clip Holdings LLC ("Binder") (iii) Appboy BH LLC ("Appboy") The address of the principal business office of MCG7 is c/o Fasken, 550 Burrard Street, Suite 2900, Vancouver, British Columbia, V6C 0A3, Canada. The address of the principal business office of Binder is c/o Paul Hastings LLP, 200 Park Avenue, New York, NY 10166. The address of the principal business office of Appboy is c/o Aprio, 7 Penn Plaza, Suite 210, New York, NY 10001. (i) MCG7: British Columbia, Canada (ii) Binder: Delaware (iii) Appboy: Delaware Y 7,634,408 7.22 0 7,634,408 0 7,634,408 Y Y N Binder is the wholly-owned subsidiary of MCG7. Appboy is the wholly-owned subsidiary of Binder. The three Reporting Persons are filing jointly. See attached Exhibit, "AGREEMENT PURSUANT TO RULE 13d-1(k)(1)(iii) CONCERNING JOINT SCHEDULE 13G FILING." Y Y Y EXHIBIT 99.1 - AGREEMENT PURSUANT TO RULE 13d-1(k)(1)(iii) CONCERNING JOINT SCHEDULE 13G FILING. MCG7 Capital Inc. /s/ Jacob Horowitz 02/17/2026 Binder Clip Holdings LLC /s/ Jacob Horowitz 02/17/2026 Appboy BH LLC /s/ Jacob Horowitz 02/17/2026