Strategic Directive: Building a Vertically Integrated Financial Empire

Executive Liquidity Summary "This directive outlines Kraken's strategy to consolidate its position as a vertically integrated financial powerhouse. By integrating across the value chain—from trading and custody to payment processing and lending—we aim to enhance operational efficiency, reduce costs, and improve customer experience. Our approach is anchored in the principles of GATT 1994 Article XX and GATS Article XIV, ensuring policy autonomy in critical areas such as national security and public infrastructure. We will also adhere to tax treaty provisions to avoid double taxation and comply with IMF rules during economic hardships. This directive sets forth actionable steps to execute our vision, ensuring long-term growth and stability."