NOTICE TO THE HOLDERS of CH1108679908, Series 6800, Open ended Valour Mantra (OM) SEK (the “Certificates”) issued by Valour Inc., LEI: 984500RAH11EE88V4014 (the “Issuer”)

Rhea-AI Summary

Valour (DEFT) notifies holders that Mantra (OM) will undergo a token swap, redenomination and rebranding to MANTRA (MANTRA), with a non-dilutive split of 1 OM = 4 MANTRA. Implementation is currently expected to take effect on 2 March 2026.

A trading halt at Spotlight is expected on 2 and 3 March 2026 to ensure orderly market conditions. Certificates will continue to reflect the successor digital asset and each Holder’s entitlement and certificate count will remain unchanged. The Issuer may rebrand certificates subject to regulatory approvals.

Positive

• Token swap set at 1 OM = 4 MANTRA (non-dilutive)
• Certificates retain same number and unchanged entitlements
• Implementation date targeted for 2 March 2026

Negative

• Trading halt at Spotlight on 2–3 March 2026 could limit liquidity
• Implementation is subject to regulatory approvals and timing uncertainty
• Issuer reserves right to impose future certificate split

OM-Mantra Token Swap, Redenomination and Rebranding – Transformation Event

ZUG, Switzerland, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Binance has announced that the Digital Asset under the Certificates will be subject to a MANTRA (OM) token swap, redenomination and rebranding to MANTRA (MANTRA):

• OM tokens will assume the ticker of MANTRA tokens on Binance;
• All OM tokens will be swapped to MANTRA at a ratio of 1 OM = 4 MANTRA though a non-dilutive split;
• Implementation is currently expected to take effect on 2 March 2026; and
• Separately, a trading halt at Spotlight regarding the Certificates is expected to be imposed on 2 March and 3 March 2026 to ensure orderly fair and market conditions.

Further information regarding the token swap, redenomination and rebranding is available at: https://www.binance.com/en/support/announcement/detail/4d13052b4be943f5b155cb9150ca902c?utm_source=new_share&ref=CPA_00Q01Y04QJ

The Issuer hereby gives Holders notice that said events constitute a Transformation Event as defined in the Conditions applicable to the Certificates. The Digital Asset under the Certificates will, simultaneously with the final implementation of the events constituting the Transformation Event, change from Mantra (OM) to the successor MANTRA (MANTRA) and the latter will constitute the Digital Asset under the Certificates going forward. Subject to regulatory approvals, if any, the Issuer will rebrand the Certificates to reflect the Transformation Event.

For the avoidance of doubt, the non-dilutive split of the underlying Digital Asset will not result in a split of the Certificates. Each Holder will continue to hold the same number of Certificates after the implementation of the Transformation Event and no action is required by Holders to continue to do so. The size of each Holder’s entitlement under a Certificate (or Reference Price as defined in the Conditions applicable to the Certificates) will not be modified by the Transformation Event.

The Issuer reserves the right to decide whether or not to impose a split regarding the Certificates in the future should the Issuer determine this to be an appropriate course of action in light of the prevailing market conditions at such future point in time.

For further information regarding this notice, please contact Investor Relations, ir@valour.com.

Zug, 24 February 2026

On behalf of

VALOUR INC.

About Valour
Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

For further information, please contact:

Johan Wattenström
Chief Executive Officer
ir@defi.tech
(323) 537-7681

FAQ

What does the 1 OM = 4 MANTRA token swap mean for DEFT holders?

Direct answer: DEFT holders keep the same number of certificates; the underlying token redenominates at 1 OM = 4 MANTRA. According to Valour, the non-dilutive split changes only the digital asset units, not the certificate count or entitlement per certificate.

When will the OM to MANTRA transformation for DEFT take effect?

Direct answer: The transformation is expected to take effect on 2 March 2026. According to Valour, implementation is currently scheduled for that date, with a Spotlight trading halt planned 2–3 March to ensure orderly and fair market conditions.

Will DEFT certificates be split or require action from holders after the MANTRA swap?

Direct answer: No action is required and certificates will not be split at implementation. According to Valour, each holder will continue to hold the same number of certificates and entitlement; any future split would be at the Issuer’s discretion.

How will the Spotlight trading halt on 2–3 March 2026 affect DEFT trading?

Direct answer: Trading will be paused to support orderly market conditions during the transformation event. According to Valour, the halt is intended to facilitate the token swap and redenomination, which could temporarily limit liquidity and price discovery.

Will Valour rebrand DEFT certificates after the MANTRA redenomination?

Direct answer: Valour may rebrand the certificates subject to regulatory approvals. According to Valour, the Issuer intends to update product naming to reflect the successor asset MANTRA, contingent on any required approvals and prevailing market conditions.