X0306 4 2022-10-21 0 0001840780 Local Bounti Corporation/DE LOCL 0000923738 Schwab Charles R. C/O LOCAL BOUNTI CORPORATION 400 W. MAIN ST. HAMILTON MT 59840 0 0 1 0 Common Stock 2022-10-21 4 P 0 600000 2.50 A 3040653 I By Trust Common Stock 2022-10-21 4 P 0 2400000 2.50 A 11157694 I By LLC Common Stock 626826 I By Trust On October 21, 2022 (the "Agreement Date"), Local Bounti Corporation (the "Company"), entered into a securities purchase agreement with certain purchasers (the "Purchasers"), pursuant to which the Company agreed to issue and sell to the Purchasers, in a private placement, shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"). The closing price of the Common Stock on the New York Stock Exchange on October 20, 2022 (the last trading day before the Agreement Date) was $2.50 per share. 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. 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. /s/ Charles R. Schwab 2022-10-23