We listed The Smarter Web Company on Aquis on 25 April 2025, and this week marked our final full week of trading on that exchange. On Tuesday 3 February 2026 - just over nine months after our IPO - we will move to the Main Market of the London Stock Exchange. This is a pivotal milestone for the Company and for our shareholders. Since July 2025, the market for Bitcoin treasury companies has been challenging. Following an initial period of significant appreciation, our share price has declined amid a global compression of mNAVs (in conjunction with a decline in general Bitcoin sentiment). Despite this backdrop, we have continued to execute. Bitcoin per share has increased by over 50%, and our total Bitcoin holdings have almost doubled in this period. We believe Bitcoin treasury companies experience cyclical waves: during favourable periods, it is critical to capture opportunities for shareholders; during more difficult periods, the priority is to preserve flexibility and retain optionality while continuing to grow. The final months of 2025 were fundamentally about structure. In that context, I believe our transition from Aquis to the London Stock Exchange will, in time, be seen as a defining step - one that brings us closer to the Company we are building and the scale we aspire to achieve. The London Stock Exchange provides access to materially broader sources of capital, both passive and active. Passive capital is driven by index inclusion, and we believe we are well positioned to join the relevant indices in the near term, with a clear pathway to the FTSE 250 over time. Active capital comes from fund managers who choose to support what we are building. For many of these investors, structural and mandate constraints make investment difficult - or impossible - without a London Stock Exchange listing. Our move to the Main Market therefore materially expands the universe of capital able to invest in the Company. I am very much looking forward to Tuesday, when we will open the London Stock Exchange for the day’s trading and see The Smarter Web Company begin trading on one of the most respected equity markets in the world. On Monday this week we announced an update on our ATM-style facility, through which we raised £520,037 (before expenses). As I have noted previously, an ATM-style facility is a critical component of an effective Bitcoin treasury toolkit and one that is unmatched in terms of scalability. When we look at the world’s largest companies that have successfully executed this strategy, such growth would not have been possible without access to this type of facility. On Tuesday we contacted shareholders who entered our raffle to attend the market opening ceremony next week - it promises to be a very special moment in the Company’s history. I wanted to involve as many shareholders as possible and regret that, due to limited capacity, we were unable to invite everyone. We will, however, share photographs from the event afterwards so all shareholders can take part in the occasion. On Wednesday we held our General Meeting, at which shareholders voted to approve the cancellation of shares from trading on Aquis. The resolution received overwhelming support, with approximately 99.5% of votes cast in favour and a strong level of overall shareholder participation. I am grateful for this clear show of support. A public company ultimately belongs to its shareholders, and active participation in voting on resolutions is vital to good governance. I hope future meetings will see similarly strong levels of engagement. Throughout the week I have spent a considerable amount of time - often late into the evening - holding online meetings with institutional investors keen to understand our recent progress and future plans. I have been particularly struck by the level of interest, especially given the current price pressure in Bitcoin. I am seeing a growing number of institutional investors take a more confident view of Bitcoin’s long-term future, while at the same time recognising that short-term volatility presents opportunity rather than risk. For many, volatility is no longer feared. Next week includes further meetings, many of them in person, and from my perspective the outlook is extremely encouraging. It has prompted me to reflect on the early days of our journey as a public company and the contrast with the depth of engagement we now see from institutional investors. Moving onto our amazing community. I never thought that we would have so many amazing tools developed by the community and the independent websites that have been created with these different tools are super impressive. As a developer myself I know the work that has been put into creating these and as I see them evolve it makes me feel very proud of what we are building together. Some of our community members are joining us for the opening of the London Stock Exchange and I hope that lots of photos will be shared so that those not with us can also share this special moment. Shout out to: @andysmith_asap @johnsthor1 @JohnCoo70815409 @80IQConviction @HenryBTCchef @doublediamond65 @Toffeebdm @matthewkerridge @Michaeljdobbin @Boutiquecapital @mattoshi21 @TuftyRaul @BitcoinPlebUK @Morpheus_DX @BitcoinCartoon_ @bitcoin_philos @jay_dee_ex @CloughsStuff @InvestorSmarter @DrBitcoinM50862 @the_desert_ape @jorddd_ @ZynxBTC @wildgoosejon @SmarterBuildBTC @ourgoodlifeuk @AFCB12 @levyuk @butler_np @Raj_Devsi @Frank54703905 @SmarterBuildBTC @DivBy21 @BitcoinBee21 and @smarter_dash. Next week will be busy. After the event at the London Stock Exchange, we are hosting an evening of drinks. We will email everyone who has expressed an interest in this on Sunday with the venue details. We have also decided to extend the time so it will now take place between 19:00 and 22:00. If you are there, I hope to be able to speak to you during the evening. I also have several days of in person meetings combined with progressing the various projects we are working on internally. At the end of the week, I am back to online meetings. As I said frequently last year, we cannot share everything as transparently as we would like, due to being a public company, but over the coming months, I hope to be able to share more. I am also trying to schedule my in-person conference events for the year, and this starts at the end of February with a presentation at Strategy World in Las Vegas. Other events have also been announced including MAD Bitcoin in Madrid and of course our own event on Friday 29 May 2026 where you can buy tickets by visiting the page on our website. The Smarter Web Company would not have achieved what it has in the short time that we have been a public company without your support and in my opinion, we have only laid the foundation. I believe that 2026 will be the year where we grow closer to what I hope we will become. Thank you for your support. AQUIS: #SWC | OTCQB: $TSWCF | FRA: $3M8