TERMINATION AND RELEASE AGREEMENT, DATED AS OF AUGUST 20, 2026, BY AND AMONG CEPO, PUBCO, NEWCO, THE SELLER, THE SPONSOR, AND THE OTHER PARTIES NAMED THEREIN
BSTR Holdings, Inc.
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Execution Version
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TERMINATION AND RELEASE AGREEMENT
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THIS TERMINATION AND RELEASE AGREEMENT, dated as of August 20, 2026 (this “Agreement”), is entered into by and among (i) Cantor Equity Partners I, Inc., a Cayman Islands exempted company (“SPAC”), (ii) BSTR Holdings, Inc., a Delaware corporation (“Pubco”), (iii) BSTR Intermediate, a Cayman Islands exempted company (“SPAC Merger Sub”), (iv) BSTR Newco, LLC, a Delaware limited liability company (“Newco”), (v) BSTR Holdings (Cayman), a Cayman Islands limited liability company treated as a corporation for U.S. federal income tax purposes (the “Seller”), (vi) PEMS Sub A, Inc., a Delaware corporation (“SPAC Subsidiary A”), (vii) PEMS Sub B, Inc., a Delaware corporation (“SPAC Subsidiary B”), (viii) PEMS Merger Sub C, Inc., a Delaware corporation (“Newco Merger Sub” and together with SPAC Subsidiary A and SPAC Subsidiary B, the “SPAC Subsidiaries” and each, a “SPAC Subsidiary”), (ix) Cantor EP Holdings I, LLC, a Delaware limited liability compa
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