D-Wave Quantum Inc. — Director's Dealing 2025

Aug 20, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
Period of Report: 2024-07-12

Reporting Person: WEST STEVEN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-07-12	Common Stock, par value $0.0001 per share ("Common Stock")	G	104696	—	Disposed	131626	Direct
2024-07-12	Common Stock, par value $0.0001 per share ("Common Stock")	G	104696	—	Acquired	104696	Indirect
2024-08-22	Common Stock, par value $0.0001 per share ("Common Stock")	G	24659	—	Disposed	0	Indirect
2024-08-22	Common Stock, par value $0.0001 per share ("Common Stock")	G	24659	—	Acquired	129355	Indirect
2025-08-05	Common Stock, par value $0.0001 per share ("Common Stock")	G	108485	—	Disposed	44837	Direct
2025-08-05	Common Stock, par value $0.0001 per share ("Common Stock")	G	108485	—	Acquired	237840	Indirect

Footnotes

F1: Transfer of shares of Common Stock for no consideration.

F2: Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested restricted stock units ("RSUs"); (ii) the indirect beneficial owner of 104,696 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 24,659 shares of Common Stock through Emerging Company Partners LLC.

F3: The reporting person's beneficial ownership of Common Stock as of the date of this filing is reflected in the Form 4/A filed on August 20, 2025.

F4: West-Karam Family Trust is the record holder of such securities. The reporting person is trustee of the West-Karam Family Trust, of which the reporting person and members of the reporting person's
immediate family are the sole beneficiaries. The reporting person remains the beneficial owner of the securities held by the trust.

F5: Following the reported transaction, the reporting person was (i) the direct beneficial owner of 131,626 shares of Common Stock, including 106,626 unvested RSUs; (ii) the indirect beneficial owner of 129,355 shares of Common Stock through the West-Karam Family Trust; and (iii) the indirect beneficial owner of 0 shares of Common Stock through Emerging Company Partners LLC.

F6: Emerging Company Partners LLC is the record holder of such securities. The reporting person controls this entity.

F7: Following the reported transaction, the reporting person was (i) the direct beneficial owner of 44,837 shares of Common Stock, including 19,837 unvested RSUs; and (ii) the indirect beneficial owner of 237,840 shares of Common Stock through the West-Karam Family Trust.