X0202 SCHEDULE 13G/A 0002048130 XXXXXXXX LIVE 2 Common Stock, par value $0.0001 per share 06/30/2026 0001871638 Blaize Holdings, Inc. 092915107 4659 Golden Foothill Parkway Suite 206 El Dorado Hills CA 95762 Rule 13d-1(c) Ava Investors S.A. V8 0.00 6973432.00 0.00 6973432.00 6973432.00 N 4.90 CO Consists of 6,973,432 shares of Common Stock of the Issuer held by Ava Private Markets S.a r.l. (Ava Private Markets) and affiliates. Ava Investors S.A. is the investment manager of Ava Private Markets and exercises investment power with respect to the securities held by Ava Private Markets. Raphaelle Mahieu and Benjamin Hazan may be deemed to exercise investment power with respect to the securities. Each of the persons above disclaims any beneficial ownership of the securities, except to the extent of any pecuniary interest therein. The transaction to which this Amendment to Schedule 13G relates is a distribution of Common Stock for no consideration. Percent of class is based on 142,299,461 shares of Common Stock of the Issuer outstanding as set forth in Amendment No. 1 to the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 2, 2026 (before giving effect to the issuance of 2,000,000 shares of Common Stock as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 9, 2026). Ava Private Markets S.a r.l. N4 0.00 6973432.00 0.00 6973432.00 6973432.00 N 4.90 CO See comments to first cover page. Raphaelle Mahieu V8 0.00 0.00 0.00 6973432.00 6973432.00 N 4.90 IN See comments to first cover page. Benjamin Hazan V8 0.00 0.00 0.00 6973432.00 6973432.00 N 4.90 IN See comments to first cover page. Blaize Holdings, Inc. Blaize Holdings, Inc., 4659 Golden Foothill Parkway, Suite 206, El Dorado Hills, CA 95762 This statement is filed on behalf of each of the following persons: 1. Ava Investors S.A. 2. Ava Private Markets S.a r.l., acting in respect of its Compartment Blaize 3. Raphaelle Mahieu 4. Benjamin Hazan The registered offices of Ava Investors S.A., Raphaelle Mahieu and Benjamin Hazan are located at Rue du Rhone 78, 1204 Geneva, Switzerland. The registered offices of Ava Private Markets S.a r.l. are located at 6, rue Dicks L-1417 Luxembourg, Grand Duchy of Luxembourg. See responses to Item 4 on each cover page. Y See responses to Item 9 on each cover page. See responses to Item 11 on each cover page. See responses to Item 5 on each cover page. See responses to Item 6 on each cover page. See responses to Item 7 on each cover page. See responses to Item 8 on each cover page. N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Ava Investors S.A. /s/ Raphaelle Mahieu 07/10/2026 /s/ Benjamin Hazan 07/10/2026 Ava Private Markets S.a r.l. /s/ Raphaelle Mahieu 07/10/2026 /s/ Doorvesh Bobeechurn 07/10/2026 Raphaelle Mahieu /s/ Raphaelle Mahieu 07/10/2026 Benjamin Hazan /s/ Benjamin Hazan 07/10/2026 Ava Private Markets S.a r.l., acting in respect of its Compartment Blaize, is a private limited liability company (societe a responsabilite limitee) incorporated under the laws of the Grand Duchy of Luxembourg, with its registered office at 6, Rue Dicks, L-1417 Luxembourg, and registered with the Luxembourg Trade and Companies Register (Registre de Commerce et des Societes, Luxembourg) under number B283362.