Safety Shot (SHOT) Terminates ATM

Safety Shot, Inc. (Nasdaq: SHOT) ("Safety Shot" or the "Company"), a leading wellness and dietary supplement company, today announced the termination of its at-the-market (ATM) equity offering program. This strategic decision reflects the Company's strong financial position, positive outlook, and commitment to maximizing shareholder value.

"We are pleased to announce the termination of our ATM program," said Jarrett Boon, CEO of Safety Shot. "This decision underscores our confidence in the Company's financial strength and growth prospects. We believe that terminating the ATM is in the best interests of our shareholders as it eliminates the potential for further dilution and demonstrates our commitment to preserving and enhancing shareholder value."

Positive Financial Performance and Outlook

Safety Shot has made significant strides in 2024, securing major distribution agreements with leading retailers, including:

• 7-Eleven: Placement of Safety Shot in 300 stores across the Chicago metropolitan area.
• Casey's General Stores: Distribution of Yerbae, soon to be acquired by Safety Shot, in over 300 Casey's locations across the Midwest.
• King Soopers: Distribution of Yerbae in King Soopers locations throughout Colorado.
• Two Major Grocers - Distribution of Sure Shot in two major grocers with over 2,400 stores across 35 states for one and with an additional 300 stores around the Midwest.

These strategic partnerships, along with the pending acquisition of Yerbaé Brands Corp., have positioned Safety Shot for continued growth and market penetration in 2025 and beyond. The Company remains focused on executing its strategic plan and achieving its financial goals, including expanding its retail footprint, driving sales growth, and increasing brand awareness.

ATM Offering Update

Prior to its termination, Safety Shot sold 397,064 shares through the ATM offering, raising a total of $481,256.20. These funds provide the Company with additional capital to support its growth initiatives and strengthen its financial position.

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