Risk Disclosure

This Risk Disclosure summarizes certain material risks associated with managed mining operations services ("MMaaS"). It is provided for informational purposes only, is not exhaustive, and does not constitute legal, tax, accounting, or investment advice. By using the Thresholds service, you acknowledge that you have read and understood this Risk Disclosure. 1. Nature of the Service Thresholds provides MMaaS. Thresholds does not guarantee profit, appreciation, yield, uptime, or any specific operational or financial outcome. Thresholds is not acting as your fiduciary, broker, investment adviser, bank, or insurer. 2. No Guarantee of Profitability Mining-related outcomes are inherently uncertain. Past performance, historical market conditions, prior output levels, or previous provider results do not predict future results. You may incur losses, underperformance, delays, or outcomes materially different from your expectations. Or — on the contrary — you may not incur any of those things. 3. Digital Asset Market Risk Digital asset prices may be highly volatile. The value of mined or associated digital assets may rise or fall sharply, including over short periods. Market dislocations, thin liquidity, exchange failures, delistings, counterparty stress, and negative sentiment may reduce realizable value or impair conversion, withdrawal, or sale. 4. Network and Protocol Risk Mining economics and technical outcomes may be affected by hashrate changes, difficulty adjustments, block reward changes, protocol upgrades, forks, consensus events, chain instability, transaction fee dynamics, or other network-level developments. Such events may reduce output, impair continuity, alter economics, or render prior assumptions obsolete. 5. Infrastructure and Provider Risk The service may depend on third-party facilities, hosting providers, mining counterparties, hardware suppliers, internet connectivity, software vendors, cloud systems, communication platforms, and payout rails. Any of these may fail, degrade, suspend service, become insolvent, change policy, or otherwise impair continuity. Third-party failures may be sudden and may occur without meaningful warning. 6. Operational Risk Operations may be interrupted by maintenance, hardware failure, configuration error, human error, delayed vendor response, insufficient capacity, deployment issues, environmental conditions, or force majeure events. Remediation may take longer than expected, and some incidents may not be fully reversible. 7. Cybersecurity and Fraud Risk No system is immune to cyberattack, credential compromise, social engineering, malware, insider abuse, routing or DNS issues, software vulnerabilities, or related fraud. Even where reasonable safeguards are used, unauthorized access, service disruption, data exposure, or loss-causing events may still occur. 8. Payout, Settlement, and Liquidity Risk Payouts, withdrawals, credits, and settlements may be delayed, suspended, reversed, rejected, or become more costly due to technical conditions, compliance checks, provider constraints, congestion, fee spikes, wallet issues, or counterparty failure. Access to value may therefore be delayed or impaired. 9. Regulatory and Legal Risk Laws, regulations, enforcement priorities, licensing expectations, tax treatment, sanctions regimes, and compliance obligations may change at any time and may differ across jurisdictions. Such changes may increase (or lower) cost, restrict access, require additional verification, alter service design, or force suspension or termination of some or all services. You are solely responsible for determining whether your use of the service is lawful in your jurisdiction and for satisfying your own tax, reporting, and compliance obligations. 10. Data and Record Risk Although Thresholds may provide records, exports, logs, or reports, such materials may contain delays, omissions, inconsistencies, provider-originated errors, or later corrections. You remain responsible for your own independent recordkeeping, reconciliation, and review. 11. Technology and Obsolescence Risk Software, infrastructure, networks, and service dependencies may change rapidly. A process, provider, or technical assumption that is workable today may become inefficient, unavailable, or obsolete later. Thresholds may need to adapt procedures, dependencies, or workflows in response. 12. Force Majeure and External Events Events beyond Thresholds' reasonable control, including natural disasters, utility failures, war, civil unrest, labor disputes, sanctions, government action, epidemics, and large-scale network incidents, may disrupt or prevent service delivery. 13. Customer Decision Responsibility You are solely responsible for the decisions you make in connection with the service, including whether the service is suitable for your circumstances, risk tolerance, legal environment, liquidity needs, accounting treatment, and technical dependencies. 14. Acknowledgment By using the service, you acknowledge and agree that: (a) you understand that managed mining operations involve substantial uncertainty and risk; (b) Thresholds does not guarantee profitability, continuity, or any specific result; (c) you have had the opportunity to seek independent legal, tax, technical, and financial advice; and (d) you accept the risks associated with your decision to use the service. 2026-03-25