Supernova Digital Assets PLC - Company Number 12291603

Executive Chairman's statement

For the six month's ended 30 April 2025

The Company's Board of Directors maintains its conviction that divesting several non-core businesses is the optimal strategy for prioritizing the Solana cryptocurrency ecosystem. The Board believes Solana is pivotal to the success of the crypto environment, which will drive increased development of system architecture built upon its ecosystem. This strategic move has also substantially reduced the Company's overheads.

Last year, as part of its focus on the Solana ecosystem, the Company acquired Hyperslot PTE Ltd. and its Solana Delegator technology. This technology enables Supernova to provide a platform for Solana owners to stake their tokens, generating two revenue streams: Delegator Yield and Maximum Extractable Value (MEV). The Company retains the MEV and a small portion of the yield, while the Solana owner receives the majority of the yield.

Supernova Digital Assets PLC has primarily invested its available resources in Solana tokens, which were acquired at an average price of £27.28. The Company stakes these tokens on its proprietary Delegator, thereby receiving all associated yield and MEV.

The Company secured a loan facility with a regulated Swiss bank. This facility provides a line of credit, collateralized by the Company's Solana deposits, enabling the Company to capitalize on opportunities without liquidating its Solana holdings. The Company has drawn £150,000 against this facility and has a remaining unutilised facility of approximately US$ 665,000

Subsequent to these interim financial statements, on 25 July 2025 the Company sold its entire holding of 30,000,000 shares of Phoenix Digital Assets PLC for £1.35m.

The Company holds 76,332,000 shares and 38,166,000 purchase warrants with a strike price of 6p in Satsuma Technology plc.

Michael Edwards

Executive Chairman

31 July 2025

Directors' Responsibility Statement

Responsibility Statement

The Directors acknowledge responsibility for the Half-yearly results for the six months ended 30 April 2025 and confirm that to the best of their knowledge:

The Board has considered the following further factors:

·      the financial statements has been prepared in accordance with International Accounting Standard ("IAS") 34, as contained in UK-adopted IFRS; and gives a true and fair view of the assets, liabilities, financial position and profit of the Company as required by the Disclosure Guidance and Transparency Rules (DTR) 4.2.4R; and

·      this Half-yearly results (including the Chairman's Statement) include a fair review of the information required by:

1.     DTR 4.2.7R, being an indication of important events that have occurred during the first six months of the financial year and their impact on the financial statements; and a description of the principal risks and uncertainties for the remaining six months of the year; and

2.     DTR 4.2.8R, being related party transactions that have taken place in the first six months of the current financial year and that have materially affected the financial position or performance of the Company during that period; and any changes in the related party transactions described in the last Annual Report that could do so.

This Half-yearly results was approved by the Board of Directors on 31 July 2025, and the above responsibility statement was signed on its behalf by:

Michael Edwards

Executive Chairman

31 July 2025