As previously disclosed, on January 27, 2025, Interactive Strength Inc. (the "Company") entered into a Share Pledge Agreement (the "Share Pledge Agreement") with Sportstech Brands Holding GmbH ("Sportstech") and the sole shareholder of Sportstech (the "Pledgor"), pursuant to which the Pledgor pledged his share interest as collateral to secure Sportstech's obligations under the loan agreement entered into between the Company and Sportstech on or around the same date. As previously disclosed, the loan agreement provided for a $5.6 million loan facility (which was fully drawn as of September 30, 2025).

As previously disclosed, on February 10, 2025, the Company entered into a Binding Transaction Agreement (the "Transaction Agreement") with Sportstech, pursuant to which the Company would have acquired Sportstech (the "Acquisition").

Although the Transaction Agreement was never formally terminated, the Company has previously publicly reported uncertainty surrounding the completion of the Acquisition considering there was a legal dispute between the parties.

On February 27, 2026, the Company and Sportstech entered into a Settlement Agreement (the "Settlement Agreement"), pursuant to which Sportstech was to pay the Company $6,350,000 along with making a payment to the Company's counsel in its legal dispute with Sportstech (the "Settlement Payment"). In addition, pursuant to the Settlement Agreement, the Company and Sportstech will terminate all court, enforcement, and liquidation proceedings initiated in connection with their legal dispute, and the Company will release all securities received in connection with the Share Pledge Agreement.

The Company received the Settlement Payment on March 4, 2026.