STEMM AG

The purpose of the company is to engage in market-making activities for digital and crypto assets, provide liquidity and increase market efficiency by continuously offering buy and sell quotes on various trading platforms. Furthermore, it develops, implements and manages advanced trading algorithms and strategies to optimize trading performance and risk management, and conducts research and analysis on the markets for digital assets to support informed trading decisions and market-making activities. Additionally, it provides consulting and advisory services related to digital assets and blockchain technology. It can also invest in, acquire, hold and manage digital and cryptographic assets as well as other securities and financial instruments, and develop, license and market software and technology solutions for trading digital assets and market making. The company cooperates with financial institutions, regulatory authorities and other entities to promote the introduction and integration of digital assets into the financial system in general. The company can establish subsidiaries and branches in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It can acquire, hold and sell real estate and intellectual property rights. The company can also engage in all commercial, financial and other activities that are directly or indirectly related to its purpose. The company can provide direct or indirect financing to third parties or companies in which it has a direct or indirect interest, as well as to direct or indirect shareholders or companies in which such parties have a direct or indirect interest, whether through loans and/or other financing, including in the context of cash pooling agreements. The company can grant security of any kind for its own liabilities or the liabilities of the aforementioned persons, including through pledges, assignments, fiduciary transfers, guarantees of any kind or through offset obligations, whether for consideration or not, even if such financing, security or guarantees are in the exclusive interest of third parties or companies in which it has a direct or indirect interest, or of direct or indirect shareholders or companies in which such parties have a direct or indirect interest.