BLUE WTR ACQUISITION CORP. I

Ticker: BLUWW CUSIP: G1368E114 Class: *W EXP 05/23/203

TENOR CAPITAL MANAGEMENT Co., L.P.'s Holding History (CIK: 0001346554)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 500,000 Value ($000) $265 Avg Close — Range —
Q3 2025
Shares 500,000 Value ($000) $71 Avg Close — Range —