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D I S C L A I M E R

Information provided in this presentation pertaining to Anemoy Capital SPC Limited ("Anemoy"), its business assets, strategy and operations is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this presentation should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities.

�While the information in this presentation is believed to be accurate and reliable, Anemoy and its agents, advisors, directors, officers, employees, representatives and members make no representation or warranties, expressed or implied, as to the accuracy of such information and Anemoy expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Anemoy reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof.

This presentation does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person.

The information contained in this presentation is intended only for the persons to whom it is transmitted for the purposes of evaluating Anemoy. The information contained in this presentation supersedes any prior presentation or conversation concerning Anemoy. Any information, representations or statements not contained herein shall not be relied upon for any purpose.

�Neither Anemoy nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this presentation by you or any of your representatives or for omissions from the information in this presentation. Additionally, Anemoy undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this presentation.

The contents of this document are subject to approval by the British Virgin Islands (“BVI”) financial authorities and should only serve as an example. This document is shared for informational purposes only.

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Anemoy Liquid Treasury Fund 1

Fully onchain actively managed <6 month US Treasury Yield Fund

¹Not more than 7 US business days

Balanced monthly, maintaining portfolio <6 month US Treasuries
Minimizes price risk and maximizes interest rates
Direct US Treasuries ownership via tokenized fund shares allows redemptions-in-kind
Centrifuge protocol provides real-time transparency of the fund portfolio
Independently tokenizing a US Treasuries portfolio is less costly than tokenizing a third-party fund (e.g., ETFs, mutual funds, etc.)

Fund shares are held as tokens either directly on the Centrifuge Chain or the supported chain of investor’s choice (Ethereum, Base, Arbitrum, and more)
Subscription & redemption in USDC
BVI licensed fund open to non-US Professional Investors
<6 month laddered US Treasury strategy
Daily, with, settlement as soon as possible, usually within 8 to 48 hours ¹
15 basis points annual management fee

Fund Overview

Fund Characteristics

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Investing in US T-Bills with Anemoy

Addressing primary concerns of treasury managers

Direct Ownership

Allows redemptions-in-kind

Lower fees

Daily Liquidity

Minimized duration risk

Maximized US treasury yield

Investment Transparency

DeFi native by Centrifuge

Single fund holdings and fund portfolio in near real-time

Best Investor Protection

Registered and regulated fund and service providers

End-to-end Compliant and robust structure

Bankruptcy remote

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Target Portfolio Allocation

Target Duration Profile

0-1 Month T-Bills

1-2 Month T-Bills

2-3 Month T-Bills

3-4 Month T-Bills

4-5 Month T-Bills

5-6 Month T-Bills

Yield Curve

As of June 2023

Anemoy Liquid�Treasury Fund 1

Target Portfolio Allocation

Portfolio Overview

Fund aims to operate a laddered portfolio across 0-6M maturities;
Issuances are rolled forward as near-term T-Bills mature;
Investment & Redemptions processed pro-rata across maturities to maintain equal weighting;
T-Bill trades facilitated through a regulated Prime Broker:

Agency-style via Secondary markets
Weekly via US Treasury Primary issuance window

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Flow of Funds Overview

Investors are able to subscribe to the BVI offering directly from their wallets

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Indicative Fund Term Sheet

Enabling Qualified Crypto Institutions to earn a risk-free rate superior to current marketplace offerings

Target Yield	Regulated BVI funds aims to pass through the yield on a portfolio of US Treasuries issued by the US Department of Treasury, minimizing fees & expenses
Investment Minimum	$500,000 in USDC
Redemptions	Daily, with, settlement as soon as possible, usually within 8 to 48 hours ¹
Fees	15 basis points (0.15%) annual management fee
Fund Manager	Anemoy, a digitally-native asset management platform incorporated in Ireland, has been given the mandate to manage the offering for the BVI fund
Funds Holdings	US Treasury issuances across 0-6 month maturities, which will be rolled into new issuances�purchased on the primary or secondary markets as assets come due
Reporting	Investors will have the ability to view their holdings and returns, and overall fund composition via Centrifuge in near real-time, which can be further verified onchain