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Enhanced Group, Inc. Reports Second Quarter 2026 Results

Company Delivers $17.7 Million in Revenue in its First Reported Public Quarter

Company Secures $32 Million of Sponsorship Contract Value for First-Year Event

Inaugural Enhanced Games Engaged More Than One Billion People Globally

Launched Live Enhanced Platform, Including Athlete Protocol and 11 Rx Products

New York, NY, August 13, 2026 – Enhanced Group, Inc. (NYSE: ENHA) (“Enhanced” or the “Company”), the personalized performance products and elite sports competition company, today announced financial results for its second quarter ended June 30, 2026.

Second Quarter 2026 Financial Results For the three months ended June 30, 2026:

•Revenue of $17.7 million, primarily reflecting sponsorship revenue recognized in connection with the inaugural Enhanced Games.

•Approximately $32 million of sponsorship contract value2 secured for the inaugural Enhanced Games with the Company delivering value to sponsors throughout the year with revenue recognition occurring over several quarters

•Net Loss of $61.9 million mostly comprising costs associated with staging the inaugural Enhanced Games, successful IRB clinical trial, de-SPAC merger completion, increased general and administrative expenses from operating as a public company and launching the Company’s direct-to-consumer platform

•Adjusted EBITDA¹ loss of $42.7 million

•Cash and cash equivalents of $19.6 million as of June 30, 2026

Business & Operational Highlights

•Hosted the inaugural Enhanced Games in Las Vegas in a purpose-built arena complex, securing 10 sponsors and $32 million in sponsorship contract value

•Athletes achieved 21 personal bests and three world records since inception

•Successfully completed the interventional phase of a first-of-its-kind Institutional Review Board (IRB)-approved clinical trial in conjunction with the Games

•Launched Live Enhanced platform with athlete branded protocol stack and product line including 11 different Rx therapies and two proprietary supplement products

•First Enhanced Breakers event series debuts with a world record performance

•Signed exclusive media rights agreement with Roku delivering the Games to 100 million North American households on leading streaming platform

•Enhanced Games content and press strategy drove considerable brand value at a fraction of the media cost, significantly increasing owned audience (+884%), social engagements (+419%), and video views (+227%) during event period

•Games engaged one billion people globally including four million live views (excluding Roku streaming data) equivalent to a regular season NBA game or episode of The Tonight Show with Jimmy Fallon

•Independent media coverage of Enhanced generated 4,000 global stories in publications reaching a combined 16.7 billion unique visitors per month (UVM) with an additional ~932M people watching globally via a broadcast television piece

•Enhanced received prominent Tier I coverage in Vanity Fair, The Economist, Financial Times, GQ Magazine, Times London, Der Spiegel and Men’s Health Magazine to name just a few

•A one hour ESPN E:60 documentary aired on the Enhanced Games on July 2nd

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“Six months ago, Enhanced was a privately held startup with a bold idea and a great deal of skepticism aimed at it,” said Maximilian Martin, Chief Executive Officer of Enhanced. “Today, we are a globally recognized sports brand, the only organization to have successfully conducted a medically supervised enhanced sporting event in history. Simultaneously, we have built the foundation for a personalized performance medicine business, which we believe can help redefine the next decade of health and wellness, particularly as the regulatory tailwinds we expect to arrive in the peptide space continue to develop. We achieved each of these milestones in just the first six months of 2026 and we are just getting started.”

The Company’s second quarter results reflect an intentional decision to invest heavily in its inaugural Enhanced Games, as the foundational platform for both its sports business and as a customer acquisition engine for its performance medicine platform. As a result of this investment, Enhanced established extraordinary brand recognition across the globe. In July, the Company expanded its model beyond one tentpole event per year with the Enhanced Breakers Series. The Breakers Series operates at a fraction of the cost of a full Games event, keeping athletes competing, audiences engaged, sponsors interested, and performance medicine in front of the world year-round. The Company’s strategy leverages the Games to acquire global attention, which is sustained quarter-over-quarter by the Enhanced Breakers and additional planned participatory events that are focused on building and strengthening our community. Enhanced is further recognizing an increase in consumer interest in both sports and live entertainment in an incr