X0607 3 2026-03-18 0 0001872195 Bullish BLSH 0001861762 Simon Karen Jo true OFFICE 101, 103, 105 SUITE 70202, BLDG A BLOCK 7, 60 NEXUS WAY, CAMANA BAY GEORGE TOWN, GRAND CAYMAN E9 KY1-9005 true Ordinary Shares 20270 D Ordinary Shares 4139 D Ordinary Shares 6208 D Represents 4,139 restricted share units ("RSUs") granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan. The RSUs vest in full on November 6, 2026. Each RSU represents a right to receive one ordinary share of Bullish upon vesting. Represents 6,208 RSUs granted on November 6, 2025 under the Bullish 2025 Omnibus Incentive Plan, vesting in three equal annual installments from the grant date. Each RSU represents a right to receive one ordinary share of Bullish upon vesting. Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Act, the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act. /s/ Karen Jo Simon 2026-03-18