0001193125-24-170917 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • June 28th, 2024 • Pershing Square USA, Ltd.

Subscription Agreement, dated as of May 22, 2024, between Pershing Square USA, Ltd., a Delaware statutory trust (the “Fund”) and Pershing Square Capital Management L.P. (the “Purchaser”) in respect of common shares issued as of May 22, 2024.

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SUBSCRIPTION AGREEMENT
Subscription Agreement • June 28th, 2024 • Pershing Square USA, Ltd.

Subscription Agreement, dated as of May 21, 2024, between Pershing Square USA, Ltd., a Delaware statutory trust (the “Fund”) and Pershing Square Capital Management L.P. (the “Purchaser”) in respect of common shares issued as of February 15, 2024.

SUBSCRIPTION AGREEMENT
Subscription Agreement • June 28th, 2024 • Pershing Square USA, Ltd.

Subscription Agreement, dated as of May 31, 2024, between Pershing Square USA, Ltd., a Delaware statutory trust (the “Fund”) and Pershing Square Capital Management L.P. (the “Purchaser”) in respect of common shares issued as of May 31, 2024.

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