X0407 4 2023-05-16 0 0001836981 BigBear.ai Holdings, Inc. BBAI 0001886800 BBAI Ultimate Holdings, LLC C/O BIGBEAR AI HOLDINGS, INC. 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 1 0 1 0 0001880808 AE INDUSTRIAL PARTNERS FUND II GP, LP C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001881294 GREENE MICHAEL ROBERT C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001880788 ROWE DAVID H. C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001732535 AE INDUSTRIAL PARTNERS FUND II-B, LP C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001732533 AE INDUSTRIAL PARTNERS FUND II, LP C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001732534 AE INDUSTRIAL PARTNERS FUND II-A, LP C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0001880792 AEROEQUITY GP, LLC C/O AE INDUSTRIAL PARTNERS, LP 6700 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 0 1 0 0 Common Stock 2023-05-16 4 S 0 669318 2.41 D 108618401 I See footnotes Common Stock 2023-05-17 4 S 0 1252677 2.43 D 107365724 I See footnotes The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.40 to $2.49. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4. Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC , which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties.") Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.40 to $2.48. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4. Kirk Michael Konert and Jeffrey Hart serve as a Partners of AE Industrial Partners, LP, AE Industrial Partners and each AE Party may, therefore, be considered a director of the issuer by deputization. /s/ Sean Ricker, by Power of Attorney 2023-05-18