X0306 4 2022-03-16 0 0001743725 GRID DYNAMICS HOLDINGS, INC. GDYN 0001188321 BENHAMOU ERIC C/O GRID DYNAMICS HOLDINGS, INC. 5000 EXECUTIVE PARKWAY, SUITE 520 SAN RAMON CA 94583 1 0 0 0 Common Stock 2022-03-16 4 P 0 23500 10.88 A 23500 I See footnote Common Stock 265835 D Common Stock 0 I See footnote The shares are held of record by The Eric Benhamou Living Trust, for which the Reporting Person serves as trustee. The Reporting Person is no longer reporting indirect ownership of shares held by the BGV Opportunity Fund LP as a group of three individuals has voting and dispositive control over such shares, with each individual having one vote, and the approval of two of the three individuals is required to approve an action; therefore, under the so-called "rule of three," no one individual is deemed to have or share beneficial ownership of such shares. /s/ Anil Doradla, by power of attorney 2022-03-17