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ENDORSEMENT# 48 <br /> This endorsement, effective 12:01 am October 23, 2025 forms a part of <br /> policy number 02-359-31-27 <br /> issued to AXON ENTERPRISE, INC. <br /> by AIG Specialty Insurance Company <br /> FORMS INDEX (AMENDED) <br /> In consideration of the premium charged, it is hereby understood and agreed that the "Forms Index" <br /> Endorsement is amended to include the following: <br /> EDITION <br /> FORM NUMBER DATE FORM TITLE <br /> 144407 10122 WAIVER OF SUBROGATION ENDORSEMENT <br /> SYSLIB 01 /05 FORMS INDEX (AMENDED) <br /> ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED. }}1101 <br /> AUTHORIZED REPRESENTATIVE <br /> Or Countersignature (In states where applicable) <br /> END W <br /> (1/06) Page 1 of 1 <br />