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

May 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
Period of Report: 2025-05-21

Reporting Person: WEST STEVEN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-21	Common Stock, par value $0.0001 per share ("Common Stock")	M	88965	$0.92	Acquired	325287	Direct
2025-05-21	Common Stock, par value $0.0001 per share ("Common Stock")	M	223008	$0.91	Acquired	548295	Direct
2025-05-21	Common Stock, par value $0.0001 per share ("Common Stock")	S	311973	$16.504	Disposed	236322	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-21	Stock Option (right to buy)	$0.92	M	88965	Disposed	2031-08-20	Common Stock, par value $0.0001 per share ("Common Stock") (88965)	Direct
2025-05-21	Stock Option (right to buy)	$0.91	M	223008	Disposed	2030-05-05	Common Stock, par value $0.0001 per share ("Common Stock") (223008)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.0001 per share ("Common Stock")	24659	Indirect

Footnotes

F1: The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $16.315 to $16.645, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

F2: Emerging Company Partners LLC is the record holder of such securities. The reporting person controls this entity.

F3: The option has vested and is exercisable as of the date hereof.