X0202 SCHEDULE 13D/A 0001193805-26-001136 0001959730 XXXXXXXX LIVE 3 Class A common stock, par value $0.0001 per share 10/16/2026 false 0001802156 98422X101 Xponential Fitness, Inc.

17877 VON KARMAN AVE SUITE 100 IRVINE CA 92614

Fund 1 Investments, LLC 804-363-4458 100 Carr 115, Unit 1900 Rincon PR 00677 0001959730 N Fund 1 Investments, LLC AF N DE 4170610.00 0.00 4170610.00 0.00 4170610.00 N 9.9 HC OO Class A common stock, par value $0.0001 per share Xponential Fitness, Inc. 17877 VON KARMAN AVE SUITE 100 IRVINE CA 92614 Item 5(c) is hereby amended and restated to read as follows: There have been no transactions in the Shares of the Issuer by the Reporting Person since the filing of Amendment No. 2 to the Schedule 13D. Item 6 is hereby amended to add the following: The Reporting Person has entered into certain cash-settled total return swap agreements (the "Cash-Settled Swaps") with an unaffiliated third-party financial institution, which provide the Reporting Person with economic exposure to an aggregate of 4,213,826 notional Shares, representing approximately 9.98% of the outstanding Shares. The Cash-Settled Swaps provide the Reporting Person with economic results that are comparable to the economic results of ownership, but do not provide the Reporting Person with the power to vote or direct the voting or dispose of or direct the disposition of the Shares that are the subject of the Cash-Settled Swaps. As previously disclosed, the Reporting Person sold short over-the-counter cash-settled put options referencing an aggregate of 2,500,000 Shares, which had an exercise price of $5 per Share and an expiration date of October 16, 2026. These options expired unexercised pursuant to their terms. Fund 1 Investments, LLC /s/ Benjamin C. Cable 10/20/2026