Mognetti Jean-Marie → CoinShares PLC CSHRW

The response to Item 3 of this Schedule 13D is incorporated by reference herein. The Reporting Persons acquired the securities reported herein in connection with the Business Combination for investment purposes, and intend to review their investment on a continuing basis. In his capacity as the Chief Executive Officer and a member of the Board, Mr. Mognetti may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Subject to the agreement described herein and applicable legal requirements, the Reporting Persons may purchase additional securities, or dispose of all or a portion of securities, of the Issuer from time to time in open market or private transactions, depending on their evaluation of the Issuer's business, prospects and financial condition, the market for the Issuer's securities, other developments concerning the Issuer, and general economic, money market and stock market conditions. In addition, the Reporting Persons may engage in discussions with members of management, the Board, and other securityholders of the Issuer and other relevant parties regarding, among other things, the Issuer's business, operations, governance or control. Other than as described herein, the Reporting Persons do not have any plan or proposal relating to or that would result in any of the events or matters described in part (a) through (j) of Item 4 of Schedule 13D, although, subject to the agreement described herein and applicable legal requirements, the Reporting Person may, at any time and from time to time, participate in discussions concerning, formulate or review plans or proposals that may result in one or more of the actions described in clauses (a) through (j) of Item 4 of Schedule 13D.