Important notice — sunsetting and redemption of SwarmX tokenized products

Dear SwarmX community,

after the acquisition Inveniam as the new shareholder of SwarmX GmbH has decided not to further support the tokenized products offerings. In addition, new regulatory requirements in connection with the EU Markets in Crypto-Assets Regulation (MiCAR), effective 1 July 2026, make it unfeasible to continue offering and administering the products in their current form. We will therefore be sunsetting the products and will redeem all outstanding Stock Certificate Tokens and xGold tokens in an orderly manner.

What this means for you:

• Termination Date: 30 September 2026. Until then, you can continue to use the existing redemption processes. After the Termination Date, all remaining underlying assets will be sold (where sellable) and the net proceeds converted into USDC, which you can then claim against delivery of your tokens.
• Redemption and claims are offered on the Ethereum network only. If you hold tokens on any other network, use https://app.swarm.markets/wallet/assets/crypto to bridge your assets to Ethereum before redeeming or claiming.
• KYC: Before you can participate, you will need to complete the identity verification (KYC) process.
• For Stock certificate tokens fixed rate offers will be made via dOTC.
• For Gold tokens request redemptions via the wallet page on dOTC. We will process accordingly.
• The claim facility remains open until 31 December 2026. Please claim your amounts within this period. Details on unclaimed amounts are set out in the product-specific notices.

Please read the notice below applicable to your holdings carefully:

• Notice 1 — Termination of Stock Certificate Tokens
• Notice 2 — Termination of the xGold Service and Redemption of xGold Tokens

We thank you for your trust and are available at swarm@swarm.markets for any questions.

SwarmX GmbH

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Notice 1 — Stock Certificate Tokens

TERMINATION NOTICE Issuer Redemption pursuant to Section 5.2 of the Terms and Conditions

SwarmX GmbH, Winterfeldtstraße 25, 10781 Berlin, Germany (the Issuer) relating to all outstanding Stock Certificate Tokens issued under the Issuer's Stock Certificate Token Program on the basis of the Base Prospectus dated 28 August 2025 (as supplemented) and the respective Final Terms, including the list of Stock Certificate Tokens below (the Products):

1. Termination Event and exercise of the Issuer Call Option

The Issuer hereby gives notice, pursuant to Section 5.2 of the Terms and Conditions, that a Termination Event has occurred: as a result of new regulatory requirements in connection with Regulation (EU) 2023/1114 (MiCAR) taking effect on 1 July 2026, compliance by the Issuer with its obligations concerning the Stock Certificate Tokens and transactions in respect thereof has become unfeasible and constitutes a Regulatory Call within the meaning of Section 5.2(i) of the Terms and Conditions. Independently thereof, the Issuer's shareholder has not further supported the tokenized products offering.

The Issuer accordingly exercises the Issuer Call Option and terminates all outstanding Stock Certificate Tokens with effect as of 30 September 2026 (the Termination Date), such date being no earlier than 30 Business Days after the date of this Termination Notice.

2. Redemption in kind until the Termination Date; dividends

Until the Termination Date, Tokenholders may continue to redeem their Stock Certificate Tokens in accordance with Section 5.1 of the Terms and Conditions and receive delivery of the corresponding Underlying in kind.

3. Liquidation and cash settlement after the Termination Date

Stock Certificate Tokens not redeemed in kind by the Termination Date will be settled as follows: the Issuer will sell the corresponding Underlying at prevailing market prices promptly after the Termination Date and convert the net proceeds (after the Token Redemption Fee pursuant to Section 9.2 of the Terms and Conditions and transaction costs) into USDC.

KYC: Before a Tokenholder can participate in the claim process and to ensure compliance, the Tokenholder must complete an identity verification (KYC) process with the Issuer at https://app.swarm.markets/v1/onboarding.

Swarm App: Each Tokenholder may thereafter claim its pro-rata USDC amount against delivery of its Stock Certificate Tokens by accepting the corresponding fixed-rate offer via the dOTC application at https://app.swarm.markets/. The claim facility opens on the Termination Date.

Ethereum network only: Claims can only be made on the Ethereum network. Tokenholders holding Stock Certificate Tokens on any other network must bridge them to Ethereum via https://app.swarm.markets/wallet/assets/crypto before claiming.

4. Claim period

The claim facility will remain available until 31 December 2026 (the Claim Period).

After expiry of the Claim Period, the Issuer reserves the right to deposit unclaimed amounts with the competent court (Hinterlegung, §§ 372 et seq. of the German Civil Code) at the cost and risk of the entitled Tokenholders, whereby the Issuer will be discharged of its obligations. Alternative. amounts not claimed within the Claim Period will be forfeited and Tokenholders will have no further claims against the Issuer.

5. Miscellaneous

Following settlement, the relevant Smart Contracts will be frozen and decommissioned and the Products will cease to exist. This notice is given in accordance with the Terms and Conditions and is governed by German law; the courts of Berlin have jurisdiction. In case of discrepancies between language versions, the English version prevails.

Berlin, 31 August 2026 SwarmX GmbH

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Notice 2 — xGold Tokens

NOTICE OF TERMINATION OF THE xGOLD SERVICE AND REDEMPTION OF xGOLD TOKENS pursuant to Section I, clause 12.3 of the SwarmX Terms of Service

SwarmX GmbH (the Company) hereby gives notice to all holders of xGold tokens (the Tokens), which represent ownership of Allocated London Good Delivery gold held on a segregated basis in Brinks vaults.

1. Reason and legal basis

Pursuant to Section I, clause 12.3 and clause 16 in Section IV of the SwarmX Terms of Service, the Company terminates the SwarmX Contract and the xGold service with effect as of 30 September 2026 (the Termination Date). This step is taken because the Company's shareholder has not decided to further support the tokenized products offering and because new regulatory requirements in connection with Regulation (EU) 2023/1114 (MiCAR), effective 1 July 2026, make it unfeasible to the Company to continue offering and administering the Tokens in their current form.

2. Redemption until the Termination Date

Until the Termination Date, holders may continue to convert or redeem their Tokens in accordance with Section IV, clause 10 of the Terms of Service (conversion into US dollars, Unallocated Gold, or delivery of Allocated Gold). Holders are strongly encouraged to make use of these existing redemption options.

Redemption requests can be submitted via https://app.swarm.markets/wallet/assets/gold. We will process accordingly.

3. Sale of remaining gold and USDC settlement after the Termination Date

For Tokens not redeemed by the Termination Date, the Company will sell the corresponding gold at prevailing market prices through its institutional partners promptly after the Termination Date and convert the net proceeds (after fees and costs per the Terms of Service) into USDC.

KYC: Before a holder can participate in the claim process and to ensure compliance, the holder must complete an identity verification (KYC) process with the Company at https://app.swarm.markets/v1/onboarding.

Redemption: Each holder may thereafter claim its pro-rata USDC amount, corresponding to its Token holdings, by using the redemption feature for each xGold Token via https://app.swarm.markets/wallet/assets/gold. The claim facility opens on the Termination Date.

Ethereum network only: Claims can only be made on the Ethereum network. Holders holding Tokens on any other network must bridge them to Ethereum via https://app.swarm.markets/wallet/assets/crypto before claiming.

4. Claim period

The claim facility will remain available until 31 December 2026 (the Claim Period).

After expiry of the Claim Period, the Company reserves the right to deposit unclaimed amounts with the competent court (Hinterlegung, §§ 372 et seq. of the German Civil Code) at the cost and risk of the entitled holders, whereby the Company will be discharged of its obligations. Alternative, amounts not claimed within the Claim Period will be forfeited and holders will have no further claims against the Company.

5. Miscellaneous

Following settlement, the relevant Smart Contracts will be frozen and decommissioned and the Tokens will cease to represent any entitlement. This notice is given under and governed by the SwarmX Terms of Service and German law; the courts of Berlin have jurisdiction. In case of discrepancies between language versions, the English version prevails.

Berlin, 31 August 2026 SwarmX GmbH