Material Agreement, Financial Obligation (Form 8-K)

As previously reported, on January 28, 2026, BranchOut Food Inc. (the "Company"), borrowed $1,500,000 from Kaufman Kapital LLC ("Kaufman"), pursuant to a Senior Secured Promissory Note in the principal amount of $1,500,000, on April 17, 2026, the Company borrowed an additional $750,000 from Kaufman pursuant to an Amended and Restated Secured Promissory Note in the principal amount of $2,250,000, and on May 15, 2026, the Company borrowed an additional $750,000 from Kaufman pursuant to a Second Amended and Restated Secured Promissory Note in the principal amount of $3,000,000 (the "Note").

On June 30, 2026, the Company borrowed an additional $1,000,000 from Kaufman on the same terms provided for under the Note (the "Additional Loan"), pursuant to a Third Amended and Restated Secured Promissory Note in the principal amount of $4,000,000 (the "Amended Note"), which amends and restates the Note. The Company intends to use the proceeds of the Additional Loan for working capital purposes for the production of customer orders.

The Amended Note matures on January 28, 2027 and bears interest at a rate of 8% per annum. The Company's obligations under the Amended Note are secured by a lien granted to Kaufman on substantially all of the Company's assets pursuant to a Security Agreement previously entered between the Company and Kaufman (the "Security Agreement"). In addition, the Amended Note includes affirmative and negative covenants, events of defaults and other terms and conditions, customary in transactions of this nature.

The information set forth above is qualified in its entirety by reference to the actual terms of the Note and Security Agreement, which have been filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K, and which are incorporated herein by reference.

The information set forth under Item 1.01 is incorporated herein by reference.