Exodus Movement, Inc.

1. Nature of Business

Exodus Movement, Inc. ("Exodus," the "Company," "we," "our," or "us") was incorporated in Delaware in July 2016. In December 2025, the Company effected the redomestication of the Company from the State of Delaware to the State of Texas. The Company operates in the financial technology ("FinTech") sector of the greater blockchain and digital asset industry. The Company has developed an un-hosted self-custodial digital asset wallet on the Exodus Platform and contracts with third parties to provide various services to users that utilize the Company’s wallet through the platform. During the second quarter of 2026, the Company expanded its operations through the acquisitions of Monavate Holdings Limited, Monavate Ltd, Baanx.com Ltd, and Baanx US Corp. ("Acquired Entities"), adding payment processing, card issuing, card program management, sponsorship, and related payment infrastructure services for fintech, digital asset, and enterprise customers. Separately, the Company consolidates UAB Monavate in accordance with ASC 810 - Consolidation("ASC 810"). Refer to "Note 4 - Variable Interest Entity" for additional information. During the third quarter of 2026, the Baanx.com Ltd. business began operating under the Monavate Onchain Ltd. name. Refer to "Note 3 – Acquisition" for additional information.