| Schedule of fair values and timing of restrictions |
| | | | | | | | Fair value as of | | | AVAX tokens | | June 30, 2026 | | Restriction period | 7,317,966 | | $ | 47,761,089 | | Tokens unlock over 48 equal monthly increments beginning September 2026 and concluding August 2030. | 360,765 | | | 2,354,552 | | Tokens unlock over a period spanning September 2025 through June 2027 at a rate of approximately 6-7% per month through October 2026, after which the schedule tapers off periodically through the conclusion of the unlock period in June 2027. | 7,051 | | | 46,019 | | Tokens unlock over a period spanning October 2025 through July 2026 with equal monthly increments of approximately 11.1% | 39,881 | | | 260,285 | | Tokens unlock over a period spanning March 2026 through August 2026, with equal monthly increments of approximately 16.7% per month. | 11,028 | | | 71,976 | | Tokens unlock over 24 equal monthly increments beginning October 2025 and concluding September 2027. | 35,553 | | | 232,039 | | Tokens unlock over 32 equal monthly increments beginning February 2025 and concluding September 2027 | 7,772,244 | | $ | 50,725,960 | | |
| | | | | | | | Fair value as of | | | AVAX tokens | | December 31, 2025 | | Restriction period | 7,317,966 | | $ | 90,010,982 | | Tokens unlock over 48 equal monthly increments beginning September 2026 and concluding August 2030. | 833,003 | | | 10,245,937 | | Tokens unlock over a period spanning September 2025 through June 2027 at a rate of approximately 6-7% per month through October 2026, after which the schedule tapers off periodically through the conclusion of the unlock period in June 2027. | 275,000 | | | 3,382,500 | | Tokens unlock over a period spanning October 2025 through July 2026 with equal monthly increments of approximately 11.1% | 167,502 | | | 2,060,275 | | Tokens unlock over a period beginning March 2026 through August 2026, with equal monthly increments of approximately 16.7% per month. | 15,439 | | | 189,900 | | Tokens unlock over 24 equal monthly increments beginning October 2025 and concluding September 2027. | 49,775 | | | 612,233 | | Tokens unlock over 24 equal monthly increments beginning February 2025 and concluding September 2027. | 8,658,685 | | $ | 106,501,827 | | |
|