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
Cantor Equity Partners I, Inc.
Execution Version
TERMINATION AND RELEASE AGREEMENT
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 company (“Sponsor”) an
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