BlockFi Investor Presentation Deck

Litigation Settlement The threatened litigation was resolved in a confidential global settlement agreement and mutual release between the counterparty, BlockFi, and the executives. The settlement was brought to, and approved by, BlockFi Inc.'s board of directors. At the time of the settlement, as a result of the FTX transaction, FTX had an appointed observer to the board of directors. FTX's appointed board observer stressed the importance of this settlement-funded by FTX-to BlockFi and its clients' long-term best interests. BlockFi Due to the structure of the settlement, certain payments from BlockFi were routed through the executives and ultimately made to the counterparty. The payments also created tax liabilities for the executives even though they did not keep the funds. Instead, the individuals took the payments received from BlockFi and paid them to the counterparty pursuant to the settlement agreement, appropriate taxing authorities, or both. Name T. Lauro R. Loban F. Marquez Z. Prince D. Spack Total Litigation Settlement Litigation Settlement Payment Routed Through Insider $2,191,335 $462,545 $4,096,688 $6,144,785 $2,116,139 $15,011,492 25

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