Arcane Crypto

Management

Presented below are the persons who will constitute the executive management of the Company after the completion of the Reversed Acquisition.

Torbjørn Bull Jenssen CEO of the Company

Year of appointment in Arcane Crypto: 2018

Education/background: Mr. Bull Jenssen holds a MSc in Economics and Econometric Modeling from the University of Oslo and has studied Finance and Development Economics at SOAS, University of London. Before joining Arcane Crypto, he worked for four years as Analyst and Senior Economist in Menon Economics. Mr. Jenssen wrote his master thesis on bitcoin in 2013/2014 and is a recognized bitcoin and blockchain expert.

Current assignments: Chairman of the board of Puremarkets Ltd, Arcane Assets AS, Teslacoil Solutions AS, Trijo Norway AS and Muunilinst AS.

Previous assignment (last five years): -

Holdings in the Company: 153,642,806 shares in the Company (all of which are owned indirectly through the wholly owned holding company Muunilinst AS).

Eva Lawrence COO

Year of appointment in Arcane Crypto: 2020

Education/background: A diverse career across law, trading, business development and strategy. More than eight years' experience in finance, primarily at Morgan Stanley, where she was Head of EMEA Flow Trading for Securities Lending after working in FX Prime Brokerage. In addition, Eva is a UK qualified lawyer (she holds an LLB (Hons) Law Degree and completed the LPC), specializing in contract law, digital assets, funds and financial services.

Current assignments: -

Previous assignment (last five years): -

Holdings in the Company: 2,693,130 shares directly.

Per-Olov Östberg Interim CFO

Year of appointment in Arcane Crypto: 2020

Education/background: Mr. Östberg holds a Bachelor of Business Administration from the University of Gothenburg and has studied Finance and Business controlling at Insead Fountainbleu, France. Before joining Arcane Crypto, he worked as CFO for multiple enterprises as well as CEO for a cross Nordic logistical company.

Current assignments: Chairman of the board of IPOCO AB. CFO Qbrick AB (publ).

Previous assignment (last five years): CFO at H&D Wireless Sweden Holding AB (publ), CFO at Mavshack AB (publ).

Holdings in the Company: Mr. Östberg does not hold any shares in the Company.

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