Acceleration/Increase of Financial Obligation, Financial Obligation (Form 8-K)

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

On September 28, 2022, Stryve Foods, Inc. (the "Company") entered into a Revenue Loan and Security Agreement (the "Loan Agreement") with Decathlon Alpha V, L.P. (the "Lender"). On September 23, 2025, the Company received a notice of default from the Lender that an event of default by the Company had occurred due to the Company's failure to pay the monthly payment on August 15, 2025 (the "Event of Default"). As a result of the Event of Default, the Lender has the right to accelerate the outstanding balance of the loan under the Loan Agreement, which as of September 4, 2025, was $7,465,695, including all accrued and unpaid interest and any other amounts owed to the Lender including, without limitation, fees, expenses and penalties. The Lender also has the right to take possession and control of the collateral securing the Loan Agreement, including but not limited to, the right to sell or purchase the collateral. The Company has not received from the Lender a waiver nor a notice of repayment with respect to the outstanding balance of the loan.