OWLET Shareholders to Vote on Proposed Derivative Settlement in Central District Court.

The notice pertains to a proposed derivative settlement in the shareholder derivative litigation case of OWLET, INC. The proposed settlement aims to settle and dismiss the litigation, and current record holders and beneficial owners of OWLET common stock as of April 2, 2025, are required to read this notice carefully and understand their rights. The notice contains important information regarding the proposed settlement.