Execution Copy ny-2653039.8 SEPARATION, WAIVER AND RELEASE OF CLAIMS AGREEMENT This Confidential Separation, Waiver and Release of Claims Agreement and Exhibits hereto (“Separation Agreement”), by and between Axogen Corporation (“Axogen” or the...

Execution Copy ny-2653039.8 SEPARATION, WAIVER AND RELEASE OF CLAIMS AGREEMENT This Confidential Separation, Waiver and Release of Claims Agreement and Exhibits hereto (“Separation Agreement”), by and between Axogen Corporation (“Axogen” or the “Company”), and Xxxxx X. Xxxxxxx, an individual (“Employee”) (individually known as a “Party” and collectively known as the “Parties”), provides for the terms of the separation of Employee’s employment with the Company and the release by Employee of all actual or potential claims arising out of his employment, including the termination of his employment with the Company. WHEREAS the Employee’s employment with the Company will end no later than December 22, 2023 (the “Separation Date”) and the Company and the Employee are desirous of amicably ending the employment relationship and waive all claims that Employee has or claims to have against Axogen, including any and all issues and claims surrounding or involving Employee’s employment at and separation from employment with Axogen. WHEREAS the Company and Employee are Parties to the Amended and Restated Employment Agreement (the “Employment Agreement”) dated November 1, 2020 attached as Exhibit A; WHEREAS, Employee and the Company also entered into a Confidentiality, Intellectual Property, Non-Competition and Non-Solicitation Agreement dated November 1, 2020 (the “Restrictive Covenant Agreement”) attached as Exhibit B; NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in this Separation Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Employee, intending to be legally bound, hereby agree as follows: 1. Recitals. The above recitals are true and correct and adopted as if fully set forth herein. 2. Separation. Employee’s employment with the Company will end on the Separation Date unless otherwise agreed to by the Parties in writing. As of the Separation Date, Employee hereby resigns all board and officer positions Employee holds with the Company and its affiliates and agrees to execute any documentation necessary to effectuate such resignations. a. Separation Package. The Company agrees to provide Employee, in accordance with and in full satisfaction of any post-termination compensation or benefits entitlements in the Employment Agreement, the “Separation Package” set forth in this Section 2(a): i. Lump Sum Payment. A lump sum payment in the amount of Four Hundred Seventy-Two Thousand Nine Hundred Ninety-Nine and 54/100 Dollars ($472,999.54), equivalent to twelve (12) month’s of Employee’s base pay. DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

4 ny-2653039.8 completion of the applicable performance period in accordance with the terms of the Plan and the PSU Award Agreement. 3. All Company equity awards, including all stock options, restricted stock units and performance stock units held by Employee that are unvested as of the Separation Date shall be forfeited for no consideration. As of the Separation Date, Employee holds no other vested Company equity awards other than those set forth in items 1 and 2 of this Section 0.x.xx above. vii. No Other Payments/Vested Benefits. Employee acknowledges and agrees that, except for accrued salary, including accrued paid time off, owing through the Separation Date and the Separation Package and Consulting Fee, he is not entitled to any other salary, compensation, benefits, bonuses or perquisites from the Company. viii. Payment. Other than the payments in Section 2.a.iv., the payments will be subject to usual and customary tax withholdings and deductions (i.e., federal, state, social security, and Medicare taxes). The Separation Package set forth in sections Section 2.a. i. and 2.a.ii. above shall be paid in lump sum on the first payroll date following the 60th date after the Separation Date, provided Employee does not revoke the Separation Agreement in accordance with Paragraph 10 below, provided, however, that if such time period spans two (2) calendar years, the payments will be paid entirely in the second calendar year. b. Return of Company Property. Employee acknowledges that he will return all Company property by January 12, 2024, including, in good condition and without limitation, any company-issued equipment, any keys and security and credit cards, all products, product samples, computers, cellular phones and other electronic devices; and all customer and account files, price lists, product information, training manuals, advertising and promotional materials, handbooks and policies (in physical or electronic format) documents, papers, files, data, correspondence, memoranda, reports, manuals, notes, records, customer lists, marketing or sales goals or plans, furniture, and all electronic files. Employee additionally agrees to retain no copies, whether in hard copy or electronic format, of any Company documents, papers, either complete or partial, any files, data, correspondence (except related specifically to his employment), memoranda, reports, manuals, notes, records, customer lists, or marketing or sales goals or plans, confidential information, trade secrets or materials in the Employee’s control or possession as defined in the Employment Agreement (Exhibit A) and Restrictive Covenant Agreement (Exhibit B). Employee will be required to execute a Certificate Of Return Of Property And Confidential Information once all company property as defined herein, has been returned. (Exhibit C). Employee will only be subject to the Company’s xxxxxxx xxxxxxx policy during the Consulting Period to the extent Employee continues to receive confidential information from the Company during such period. Employee agrees he has made no claims of sexual discrimination or harassment and therefore neither party believes the Tax Cuts and Jobs Act of 2017 Section 162(q) is applicable to DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

5 ny-2653039.8 this release. Nevertheless, Employee agrees the Company has not made any representations to him regarding the legal tax consequences of any funds received pursuant to this Separation Agreement. Employee agrees to pay any federal or state taxes remaining due which may be required to be paid with respect to this amount and agrees to indemnify and hold the Company harmless for any tax liability whatsoever. The benefits under this Separation Agreement are intended to fall within the separation pay exception to Internal Revenue Code Section 409A as described in Treasury Regulation Section 1.409A-1(b)(9). To the extent that benefits under this Separation Agreement are or become subject to Code Section 409A, the Separation Agreement shall be interpreted and construed to the fullest extent allowed under Code Section 409A and the applicable regulations and other guidance thereunder to satisfy the requirements of an exception from the application of Code Section 409A or, alternatively, to comply with such Code Section and the applicable regulations and other guidance thereunder, and to avoid any additional tax thereunder. To the extent compliance with the requirements of Treasury Regulation Section 1.409A-3(i)(2) (or any successor provision) is necessary to avoid the application of an additional tax under Code Section 409A to payments due to Employee upon or following his separation from service, then notwithstanding any other provision of this Separation Agreement, any such payments that are otherwise due within six (6) months following Employee’s separation from service will be deferred without interest and paid to Employee in a lump sum immediately following that six (6) month period as set forth in the Employment Agreement attached as Exhibit A. 3. Release of the Company. In exchange for the promises described in Paragraph 2 a above, Employee, for himself, his heirs, relatives by blood and marriage, executors, beneficiaries, administrators, successors, assigns and trustees, hereby releases and discharges the Company, each of its affiliates, and the agents, representatives, directors, board members, employees, officers, successors, assigns and attorneys of either the Company or any of its affiliates (collectively, “Releasees”), and all persons acting by, through, under, or in concert with any of the Releasees, from any and all actions, causes of action, suits, debts, claims, liabilities and demands of any nature, at law or in equity, that he has ever had or now has, from the beginning of time to the Effective Date of this Separation Agreement, by reason of any matter, cause or thing, whether actual or potential, whether known or unknown, whether suspected or unsuspected, whether specifically mentioned in this Separation Agreement or not, that may exist or might be claimed to exist or that may in the future arise by reason of any association or relationship among the parties prior to the Effective Date. This discharge and release includes, without limitation, the following: Claims arising out of or relating to Employee’s employment relationship with the Company or the termination of that relationship and claims involving any actual, compensatory or punitive damages or continuing or future effects arising out of or resulting from any actions or practices that took place or arose before the Effective Date of this Separation Agreement; Claims arising from any alleged violation by the Company or any other of the Releasees of any federal, state or local statutes, regulations, ordinances or common laws, including the Fair Labor Standards Act, the Age Discrimination in Employment Act of 1967, as amended (“ADEA”), Title VII of the Civil Rights Act of 1964, as amended, Section 1981 of the Civil Rights Act of 1866, The Rehabilitation Act of 1973, The Family Medical Leave Act (“FMLA”), the Americans DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

6 ny-2653039.8 with Disabilities Act, the Employee Retirement Income Security Act of 1974, as amended, The Health Insurance Portability and Accountability Act, The Occupational and Safety Health Act, The Equal Pay Act, The Uniformed Services Employment and Re-employment Act of 1994, Executive Orders 11246 and 11141, The Xxxxxxxx-Xxxxx Corporate Reform Act of 2002, 15 U.S.C. 7201, et seq., any state law, including any claim or violation under the Florida Civil Rights Act of 1992, the Florida Private Whistleblower Act, the Florida Equal Pay Act, claims under Florida’s Workers Compensation Anti-Retaliation Provision, Florida’s Wage Rate Provision, Florida Minimum Wage, Annual Wage Adjustment, Florida’s Attorney’s Fees Provision for Successful Litigations in Suits for Unpaid Wages, including all amendments thereto; and claims for attorneys’ fees, legal expenses or costs pursuant to any of these statutes or any other basis; Claims arising out of or related to an express or implied employment contract or a covenant of good faith and fair dealing; Tort claims, whether common law or statutory, federal or state; and Claims for wages, bonuses, benefits, salary continuation, severance pay, perquisites, monetary or equitable relief, or attorneys’ fees. Without waiving any prospective rights under the FMLA, Employee admits that Employee has received from the Company all rights and benefits, if any, potentially due to Employee pursuant to the FMLA. Similarly, Employee expressly acknowledges that the Company has paid Employee in full for all wages due, and no outstanding claims or charges are pending under the FLSA or other laws. The parties intend to release all claims which can legally be released, but no more than that. By entering into this Separation Agreement, it is Employee’s intent to waive and release all claims and potential claims against the Releasees, save and except a claim against the Company for unemployment benefits. Except as otherwise provided in this Separation Agreement and exhibits hereto, Employee will not initiate any action against the Company or any of the Releasees to assert any such claims. If any claims are asserted by Employee or on his behalf by any third party, Employee hereby waives his right to damages of any kind in connection with the assertion of such claim or claims. Employee further will indemnify and hold the Company and the other Releasees harmless from and against any and all losses, costs, judgments, damages, or expenses, including attorneys’ fees and expert fees, incurred by it or them in defense, should Employee or any third party on behalf of Employee assert any claim or cause of action that has been discharged and released by virtue of the release and discharge set forth above. Notwithstanding the foregoing, the release and discharge set forth in this Paragraph 3 is not intended to and does not apply to any claims for breach of this Separation Agreement. 4. Administrative Claims. Nothing in this Separation Agreement shall be interpreted or applied in a manner that affects or limits Employee’s otherwise lawful ability to bring an administrative charge with, to participate in an investigation conducted by, or to participate in a proceeding involving the U.S. Equal Employment Opportunity Commission, National Labor Relations Board or other comparable state or local administrative agency. DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

11 ny-2653039.8 16. Assignment and Successorship. This Separation Agreement, and the rights and obligations of the Company hereunder, may be assigned by the Company and shall inure to the benefit of and shall be enforceable by any such assignee, as well as any of the Company’s successors in interest or nominees. This Separation Agreement, and the rights and obligations Employee has hereunder, may not be assigned by Employee. The release in this Separation Agreement is binding on Employee’s heirs, executors, administrators, successors, and assigns. 17. Governing Law. This Separation Agreement and exhibits hereto and all transactions contemplated by this Separation Agreement shall be governed by and enforced in accordance with the internal laws of the state of Florida, without regard to principles of conflicts of laws. 18. Jurisdiction and Venue. The Parties acknowledge that a substantial portion of negotiations anticipated performance and execution of this Separation Agreement and the attached exhibits occurred or shall occur in Hillsborough County, Florida, and the Parties irrevocably and unconditionally (a) agree that any suit, action or legal proceeding arising out of or relating to this Separation Agreement or exhibits hereto, shall be brought in the courts of record of the state of Florida in Hillsborough County or the US District Court for the Middle District of Florida, Tampa Division; (b) consent to the jurisdiction of each such court in any such suit, action or proceeding; and (c) waive any objection which they may have to the venue of any such suit, action or proceeding in any of such courts. 19. Severability. The provisions of this Separation Agreement are severable and independent, and if any word, phrase, clause or sentence of it is found to be illegal or unenforceable for any reason, the balance of the Separation Agreement will remain in full force and effect. [SIGNATURE PAGE FOLLOWS] DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

13 ny-2653039.8 EXHIBIT A AMENDED AND RESTATED EMPLOYMENT AGREEMENT DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

14 ny-2653039.8 Exhibit B Confidentiality, Intellectual Property, Non-Competition And Non-Solicitation Agreement DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

15 ny-2653039.8 EXHIBIT C CERTIFICATE OF RETURN OF PROPERTY AND CONFIDENTIAL INFORMATION The undersigned certifies, pursuant to the Separation Agreement with AxoGen Corporation (“AXOGEN”) dated January ___ 2024, that he has returned to AXOGEN all property and Confidential Information (as defined in the Separation Agreement) belonging to AXOGEN or any of its affiliates and has not retained any copies thereof in any form. EMPLOYEE: Signature Printed Name Dated: DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

DocuSign Envelope ID: 315DF7BA-E9B2-411D-B838-7B7655B96112

Certificate Of Completion Envelope Id: 315DF7BAE9B2411DB8387B7655B96112 Status: Completed Subject: Complete with DocuSign: Separation Agreement (X. Xxxxxxx).pdf, Xxxx Xxxxxxx Executive Employmen... Source Envelope: Document Pages: 39 Signatures: 2 Envelope Originator: Certificate Pages: 5 Initials: 0 Xxxxx Xxxxxx AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC-08:00) Pacific Time (US & Canada) 00000 Xxxxxxxx Xxxx Xxxxx 000 Xxxxxxx, XX 00000 xxxxxxx@xxxxxxxxx.xxx IP Address: 70.127.228.127 Record Tracking Status: Original 1/5/2024 1:49:08 PM Holder: Xxxxx Xxxxxx xxxxxxx@xxxxxxxxx.xxx Location: DocuSign Signer Events Signature Timestamp Xxxx Xxxxxxx xxxx.xxxxxxx@xxxxx.xxx Security Level: Email, Account Authentication (None) Signature Adoption: Drawn on Device Using IP Address: 174.141.148.52 Sent: 1/5/2024 1:56:45 PM Viewed: 1/5/2024 1:57:28 PM Signed: 1/5/2024 1:59:57 PM Electronic Record and Signature Disclosure: Accepted: 1/5/2024 1:57:28 PM ID: 8283a33f-fd86-44ce-9323-2c997bb762da Xxxx Xxxxx xxxxxx@xxxxxxxxx.xxx EVP and General Counsel Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 35.145.214.164 Sent: 1/5/2024 1:59:59 PM Viewed: 1/5/2024 2:00:50 PM Signed: 1/5/2024 2:02:14 PM Electronic Record and Signature Disclosure: Accepted: 1/5/2024 2:00:50 PM ID: 929a70ab-1cdd-41f2-96c6-e840f1dcce58 In Person Signer Events Signature Timestamp Editor Delivery Events Status Timestamp Agent Delivery Events Status Timestamp Intermediary Delivery Events Status Timestamp Certified Delivery Events Status Timestamp Carbon Copy Events Status Timestamp Xxxxxxxxxx Xxxx xxxxx@xxxxxxxxx.xxx Human Resources Business Partner Axogen Security Level: Email, Account Authentication (None) Sent: 1/5/2024 2:02:16 PM Viewed: 1/5/2024 2:02:46 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign

Witness Events Signature Timestamp Notary Events Signature Timestamp Envelope Summary Events Status Timestamps Envelope Sent Hashed/Encrypted 1/5/2024 1:56:46 PM Certified Delivered Security Checked 1/5/2024 2:00:50 PM Signing Complete Security Checked 1/5/2024 2:02:14 PM Completed Security Checked 1/5/2024 2:02:16 PM Payment Events Status Timestamps Electronic Record and Signature Disclosure

ELECTRONIC RECORD AND SIGNATURE DISCLOSURE From time to time, Axogen, Inc (we, us or Company) may be required by law to provide to you certain written notices or disclosures. Described below are the terms and conditions for providing to you such notices and disclosures electronically through the DocuSign system. Please read the information below carefully and thoroughly, and if you can access this information electronically to your satisfaction and agree to this Electronic Record and Signature Disclosure (ERSD), please confirm your agreement by selecting the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system. Getting paper copies At any time, you may request from us a paper copy of any record provided or made available electronically to you by us. You will have the ability to download and print documents we send to you through the DocuSign system during and immediately after the signing session and, if you elect to create a DocuSign account, you may access the documents for a limited period of time (usually 30 days) after such documents are first sent to you. After such time, if you wish for us to send you paper copies of any such documents from our office to you, you will be charged a $0.00 per-page fee. You may request delivery of such paper copies from us by following the procedure described below. Withdrawing your consent If you decide to receive notices and disclosures from us electronically, you may at any time change your mind and tell us that thereafter you want to receive required notices and disclosures only in paper format. How you must inform us of your decision to receive future notices and disclosure in paper format and withdraw your consent to receive notices and disclosures electronically is described below. Consequences of changing your mind If you elect to receive required notices and disclosures only in paper format, it will slow the speed at which we can complete certain steps in transactions with you and delivering services to you because we will need first to send the required notices or disclosures to you in paper format, and then wait until we receive back from you your acknowledgment of your receipt of such paper notices or disclosures. Further, you will no longer be able to use the DocuSign system to receive required notices and consents electronically from us or to sign electronically documents from us. All notices and disclosures will be sent to you electronically Electronic Record and Signature Disclosure created on: 4/15/2020 11:42:50 AM Parties agreed to: Xxxx Xxxxxxx, Xxxx Xxxxx

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