Plan of Action following the Injunction Rejection Prior to asserting our official stance on the recent matter, we would like to extend our sincere apology for the disappointment felt by our community members and investors who have continued to support WEMIX through the turmoil from being flagged with “Investment Warning” to the termination of transaction support for WEMIX and the court’s decision today in injunction rejection. WEMIX was flagged with an “Investment Warning” by the Digital Asset eXchange Alliance(DAXA) on October 27, 2022 based on the claim that there was a difference in expected circulating supply and the actual circulating supply of WEMIX. The WEMIX team has, since then, worked towards resolving the situation and removing the “Investment Warning” flag. Nevertheless, on November 24th, the Digital Asset eXchange Alliance(DAXA) unilaterally decided to terminate transaction support for WEMIX. In response, the WEMIX team has filed an injunction through the court to appeal against the unilateral decision made by DAXA. The court rejected the injunction on December 7th. The court's decision should be respected, and therefore, the foundation will acknowledge the rejection of the injunction and we will make sure that all measures and policies planned for the restoration and normalization of our community’s trust toward WEMIX to be implemented and reinforced. First of all, as transaction support for WEMIX is planned to be terminated at 15:00 on December 8, we will ensure that WEMIX held by investors can be safely withdrawn and traded on decentralized exchanges including our native platform; WEMIX.Fi. The termination of the transaction support is tomorrow, but the withdrawal deadline for WEMIX Classic will be available for approximately 30 days from the transaction support termination date. As such, we will guide you through various withdrawal routes during this period. We are also preparing to list WEMIX onto exchanges aside from the four DAXA member exchanges in Korea, while also working towards listing WEMIX on global exchanges. We will focus our efforts in accelerating all necessary processes in order to expand the coverage of WEMIX transactions via exchanges. In the development of more important businesses and the successful establishment of our ecosystem, we will not be disappointed and will continue to carry out as planned without being obstructed. Furthermore, we will continue to make efforts to inform our community through improved transparency and reliability of the project and work towards facilitating follow-up legal measures even in the midst of negative affectivity and viewpoint toward WEMIX. Above all else, provisions on secure management and trading of WEMIX as well as WEMIX Classic through both CEX(Centralized Exchange) and DEX(Decentralized Exchange) is our priority and we will prepare details in facilitating this need for our community and investors as promptly as we can through follow up announcements. WEMIX team (To focus more on future plans, we have updated the announcement and re-uploaded.)

Plan of Action following the Injunction Rejection Prior to asserting our official stance on the recent matter, we would like to extend our sincere apology for the disappointment felt by our community members and investors who have continued to support WEMIX through the turmoil from being flagged with “Investment Warning” to the termination of transaction support for WEMIX and the court’s decision today in injunction rejection. WEMIX was flagged with an “Investment Warning” by the Digital Asset eXchange Alliance(DAXA) on October 27, 2022 based on the claim that there was a difference in expected circulating supply and the actual circulating supply of WEMIX. The WEMIX team has, since then, worked towards resolving the situation and removing the “Investment Warning” flag. Nevertheless, on November 24th, the Digital Asset eXchange Alliance(DAXA) unilaterally decided to terminate transaction support for WEMIX. In response, the WEMIX team has filed an injunction through the court to appeal against the unilateral decision made by DAXA. The court rejected the injunction on December 7th. The court's decision should be respected, and therefore, the foundation will acknowledge the rejection of the injunction and we will make sure that all measures and policies planned for the restoration and normalization of our community’s trust toward WEMIX to be implemented and reinforced. First of all, as transaction support for WEMIX is planned to be terminated at 15:00 on December 8, we will ensure that WEMIX held by investors can be safely withdrawn and traded on decentralized exchanges including our native platform; WEMIX.Fi. The termination of the transaction support is tomorrow, but the withdrawal deadline for WEMIX Classic will be available for approximately 30 days from the transaction support termination date. As such, we will guide you through various withdrawal routes during this period. We are also preparing to list WEMIX onto exchanges aside from the four DAXA member exchanges in Korea, while also working towards listing WEMIX on global exchanges. We will focus our efforts in accelerating all necessary processes in order to expand the coverage of WEMIX transactions via exchanges. In the development of more important businesses and the successful establishment of our ecosystem, we will not be disappointed and will continue to carry out as planned without being obstructed. Furthermore, we will continue to make efforts to inform our community through improved transparency and reliability of the project and work towards facilitating follow-up legal measures even in the midst of negative affectivity and viewpoint toward WEMIX. Above all else, provisions on secure management and trading of WEMIX as well as WEMIX Classic through both CEX(Centralized Exchange) and DEX(Decentralized Exchange) is our priority and we will prepare details in facilitating this need for our community and investors as promptly as we can through follow up announcements. WEMIX team (To focus more on future plans, we have updated the announcement and re-uploaded.)