X0306 4 2022-01-04 0 0001840780 Local Bounti Corporation/DE LOCL 0000923738 Schwab Charles R. C/O LOCAL BOUNTI CORPORATION 490 FOLEY LANE HAMILTON MT 59840 0 0 1 0 Common Stock 2022-01-04 4 P 0 10000 7.2257 A 626826 I By Trust Common Stock 2022-01-04 4 P 0 9000 7.2399 A 2440653 I By Trust Common Stock 8757694 I By LLC This transaction was executed in multiple trades at prices ranging from $7.18 to $7.239. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. Shares owned by the Charles R. Schwab TTEE The Charles & Helen Schwab Living Trust U/A DTD 11/22/1985 of which the insider is the trustee and beneficiary with his spouse. Shares owned by the Charles R. Schwab & Helen O. Schwab TTEE The Charles & Helen Schwab Living Trust U/A DTD 11/22/1985 of which the insider and his spouse are trustees and beneficiaries. Shares owned by Live Oak Ventures, LLC. /s/ Charles R. Schwab 2022-01-05