Norwegian Block Exchange (NBX) issues its third Put Option Notice

21 May 2025 08:40 CEST

OSLO, NORWAY - May 21, 2025 - Norwegian Block Exchange (NBX), a leading Nordic
cryptocurrency exchange and digital asset platform, has issued its third Put
Option Notice related to the agreement with LDA Capital Ltd. ("LDA").

In September 2022, NBX secured a preliminary NOK 100 million capital commitment
from LDA, a Los Angeles-based global investment group, by entering into a Put
Option Agreement. NBX has the right to exercise the capital commitment at its
own discretion. NBX is now utilizing the facility to draw funds in exchange for
issuing new shares to LDA. Until new shares are issued, and as part of the
agreement, Observatoriet Invest AS have agreed to lend LDA 12, 259, 690 shares.

About Norwegian Block Exchange (NBX)

Founded in 2018, Norwegian Block Exchange (NBX) is a trusted cryptocurrency
exchange serving the Nordic market. Licensed and regulated in Norway, NBX offers
secure trading of digital assets, custody solutions, and blockchain technology
services for retail and institutional clients. NBX is committed to providing a
compliant trading environment with robust security measures and transparent
operations. The company issued the first credit card in the world with BTC
cashback.

Contact person: Stig Kjos-Mathisen, CEO
Email: stig.aleksander.kjos-mathisen@nbx.com,
Phone: +47 932 87 572

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