BlockFi Investor Presentation Deck

BlockFi Litigation Settlement Chronology First PSC Agreements $6-$8 Billion Third Party Indicative Valuation Second PSC Agreements Counterparty Threats Against BlockFi Jan 2018: BlockFi starts lending Nov-Dec 2021 January 2022 March-April 2022 June 2022 Feb 2018: BlockFi seed round of funding 2018 July 2018: BlockFi $50M in funding from Galaxy Jan-Feb 2020: Series B Preferred Stock July-Aug 2019: Series A Preferred Stock 2019 Aug-Sept 2020: Series C Preferred Stock at $450M valuation Mar-May 2021: Series D Preferred Stock at $3B valuation July-Aug 2021: Series E Preferred Stock at $3.8B valuation 2020 Jan 2022: $6-$8 Billion Third Party Indicative Valuation Nov-Dec 2021: First PSC Agreements 2021 Nov 11, 2022: FTX bankruptcy filing Nov 10, 2022: BlockFi limits customer withdrawals Nov 2, 2022: FTX/Alameda financial data leaked October 27, 2022: Core Scientific announces default Feb 14, 2022: SEC Settlement July 13, 2022: Celsius files chapter 11 July 5, 2022: Voyager freezes platform/files chapter 11 June, 2022: Counterparty Threats Against BlockFi June 14, 2022: 3AC collapse June 12, 2022: Celsius freezes platform Mar and ~May 10, 2022: Apr 2022: Second PSC Luna Agreements collapses 2022 22

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