PCI Transfer Disclosure — April, May 2024

Greetings from Paycoin team.

We would like to announce information related to PCI distributed in April and May 2024.

To ensure more transparent disclosure of distribution volumes, since April, the Paycoin team has been communicating with the respective aggregators at CoinGecko and CoinMarketCap to ensure that PCI distribution volumes and market capitalization are properly reflected.

As of May 29, the information on distribution volumes disclosed on the Paycoin scan site (scan.payprotocol.io) is being displayed in real-time on these aggregators.

Please note that due to these circumstances, the April distribution volume announcement has been carried over and is now included with the May announcement to prevent any discrepancies in disclosed distribution volumes.

The PCI distributed in April and May was allocated for marketing purposes such as new member and attendance events, planned events, and exchange events, as well as team incentives. No other volumes were distributed. The detailed information is as follows.

The team incentives were distributed to employees and staff who are working hard to advance our global payment business. Approximately 1.5 million PCI will be distributed over the next 24 months.

The Paycoin team is committed to enhancing the utility of PCI and revitalizing the ecosystem. We promise to always operate the foundation based on trust.

Thank you.