Supply, Allocation & Vesting

Fixed supply

THAT has a fixed maximum supply of 3.3 billion tokens on the Ethereum network. This total supply was minted at the time of the Token Generation Event (“TGE”) into the canonical THAT token contract and is released over time via smart contracts and related technical controls. The Ethereum THAT token contract does not include any function to mint additional tokens beyond this 3.3 billion supply.

Although the full 3.3 billion supply was created at TGE, most allocations are subject to multi-year release schedules. Tokens become available progressively over time as these schedules run, and no further tokens will be released after the end of the relevant vesting periods.

Presale

Before broader circulation, the Company conducted a presale of THAT:

• total presale allocation: 1,000,000,000 THAT (the “Presale Amount”)

• total tokens minted at TGE: 3,300,000,000 THAT (3.3 × Presale Amount)

Participation in the presale was limited to receipt of THAT tokens on the applicable vesting terms. It did not confer any rights in or to the Company, any entitlement to returns, or any guarantee of future value.

Company allocation

Of the total supply, 1.808 billion THAT is allocated to the Company to support development and long-term operation of the project. Internally, the Company uses the following guideline categories:

• long-term reserves (treasury)

• marketing and ecosystem growth

• charitable and philanthropic initiatives

• sales and onboarding incentives

• future team incentives.

These internal guidelines do not create any rights for token holders, staff, advisers or third parties to receive tokens or funding. Decisions about whether, when and how to deploy tokens from the Company allocation are made at the Company’s discretion, having regard to operational needs, the regulatory environment and long-term objectives.

A portion of the Company allocation (currently 22% of the Company’s tokens) is reserved for charitable and philanthropic initiatives via a dedicated on-chain wallet (the “Charity Allocation”). The Charity Allocation relates only to tokens held by the Company and does not give token holders, charities or any other party a legal or beneficial right to receive funding. It is not a trust, fund or managed investment scheme for the benefit of any third party.

Founders allocation

The founders’ allocation is 342 million THAT, representing approximately 10.36% of the total token supply at full vesting. To support long-term alignment and avoid large immediate holdings:

• 10% of the founders’ allocation was available at TGE

• the remaining 90% is scheduled to be released gradually over an approximately 5-year period via linear vesting mechanisms.

The founders’ allocation does not confer any special rights beyond ownership of vested tokens and does not guarantee any project outcome, token price, level of adoption or commercial success.

Long-term release profile

Under the current configuration, the approximate rate at which new tokens become available relative to the previously circulating supply is expected to decline over time as vesting schedules run. Once vesting is complete (currently expected after approximately 10 years), no further tokens will be released under those schedules.

Actual circulating supply at any point in time will depend on how and when holders choose to use, transfer or retain their tokens. Over long periods, some tokens may become inaccessible (for example, due to lost keys). The token contract does not provide for new tokens beyond the fixed maximum supply, so there is no mechanism within the contract to offset any such loss of access.

Some market participants may refer to the “market capitalization” of THAT, calculated by multiplying the market price per token by an estimated circulating supply. Any such figure will fluctuate with market activity and is not set, controlled or guaranteed by the Company. The Company does not target or promise any particular token price, market capitalization or rate of return.