OSL : Monthly Investor Update

Dear Investors,

As we step into the summer months of 2024, our latest edition of the Monthly Investor Update brings you to the forefront of transformations and pivotal movements within the digital asset industry. This June, we've witnessed several landmark developments that underscore the ongoing integration of digital assets and blockchain technologies into the broader financial ecosystem.

In June, OSL continued to lead discussions shaping Hong Kong's digital asset landscape. Bloomberg and OSL co-hostedanover-subscribedeventpacked with industry leaders sharing their insight on the latest hot topics in digital assets, from the tokenisation of RWA to integrating digital assets into traditional sectors, highlighting Hong Kong's appetite for innovation. This event underscored OSL's pivotal role in advancing robust infrastructure solutions amid growing regional interest. Concurrently, discussions explored new market dynamics and opportunities, reflecting OSL's commitment to driving regulatory excellence and fostering sustainable growth across APAC and beyond.

Additionally, OSL has been honoured with the Hong Kong Digital Finance Awards 2024 by Metro Finance, underscoring our unwavering commitment to regulatory excellence and innovation. As we navigate the complexities of the digital finance industry, these achievements reaffirm OSL's position as a trailblazer in driving forward regulatory standards and fostering sustainable growth in the digital asset ecosystem.

Prior months of trading volume for OSL* can be viewed below:

In the news

• 3 Jul 2024 - I shared the stage with industry leaders Alessio Quaglini from Hex Trust, Angelina Kwan from Stratford, and Priscilla Adams from FTAHK, in a compelling discussion on Hong Kong's aspirations as a global virtual asset hub at

OSL Group Ltd. | 39/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong | [e-mail]

OSL Group Ltd. HKEX Stock Code: 863.HK

the HK FinTech Summer Festival 2024,exploring pivotal strategies for driving innovation and regulatory advancement in the digital finance landscape.

• 26 Jun 2024 - Our Executive Director & Head of Regulatory Affairs, Gary Tiu, spoke at abreakfast panel organised by Chainlink and ARTA TechFin, alongside industry leaders Vince Turcotte of Chainlink Labs, Eddie Lau, Thomas Zhu of ChinaAMC and Bugra Celik of HSBC. The discussion centred on "Converging With Capital Markets: Integrating Web3 With Traditional Finance," highlighting key insights into the intersection of digital finance and traditional markets.
• 25 Jun 2024 - Gary Tiu presented at the BofA Securities 2024 APAC Financial, Real Estate Equity and Credit Conference, together with Thomas Zhu, Head of Digital Assets at China Asset Management, contributing to discussions on emerging trends and regulatory developments shaping the financial landscape in Asia Pacific.
• 24 Jun 2024 - Gary Tiu delivered an insightful presentation at theHKIFA 17th Annual Conferenceon "Tokenisation and AI: Revolutionising the Fund Management Industry?" Emphasising the compatibility of tokenisation with existing legal frameworks, his insights underscored the transformative potential of AI and blockchain in fund management.
• 20 Jun 2024 - OSL andBloombergco-hosted an event at Bloomberg's Hong Kong office, discussing robust ETF infrastructure in Hong Kong, the growing appetite for tokenisation of Real-World Assets (RWA), and customised custody solutions by OSL. Our Chairman of the Board & CEO, Patrick Pan, Gary Tiu & our Head of Markets Jean-David Péquignot, highlighted Hong Kong's unique position in fostering innovation and market growth, setting the stage for enhanced financial product offerings and market activities.
• 19 Jun 2024 - Our CFO, Davin Wu, was featured in an interview withTa Kung Pao, discussing Hong Kong's dynamic digital asset market and regulatory advancements. Wu shared insights on OSL's strategic initiatives amidst its commitment to regulatory excellence and market expansion.
• 19 Jun 2024 - Gary Tiu, participated in the Regulatory Compliance in TradFi and DeFi Collaboration event hosted byRD Technologies. The event underscored the establishment of a robust regulatory framework for Hong Kong's digital asset industry, paving the way for seamless integration between traditional and digital finance sectors.
• 11 Jun 2024 - OSL received theHong Kong Digital Finance Awards 2024 for Investment & Wealth Management - Virtual Asset Trading Platform, awarded by Metro Broadcast. As the first licensed VATP in Hong Kong, this accolade reaffirms our commitment to excellence and innovation in the digital asset space, driving industry standards forward.

OSL Group Ltd. | 39/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong | [e-mail]

OSL Group Ltd. HKEX Stock Code: 863.HK

Additional digital asset market developments

• FTX Settles $24 Billion Tax Claim With IRS in Bankruptcy Court -link
• Ether ETF Could Get Approved This Summer, SEC's Gensler Says -link
• Mt. Gox to Begin Repayments in July -link
• US SEC sues blockchain software technology company Consensys -link
• Trump promises to become the 'crypto president -link
• VanEck files for Solana ETF in the US, claiming SOL is a commodity -link
• Do Kwon's Crypto Firm 'Terraform Labs' Agrees to Pay $4.5 Billion Penalty to SEC -link
• US government sends 3,940 Bitcoin to Coinbase -link

As always, the team at OSL are available to discuss June's updates.

Thank you again for your continued support.

Sincerely,

Dave Chapman

Co-Founder and Board Advisor

OSL Group (863 HK)

• Total platform volume data are an estimated aggregate total of all trading activities on the OSL platforms over the stated period. Such data are unaudited, based on various assumptions and methodologies that are subject to change, and may be subject to subsequent adjustments and corrections which we may later publish. Source: TheBlockCrypto as of 1 July, 2024

OSL Group Ltd. | 39/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong | [e-mail]

OSL Group Ltd. HKEX Stock Code: 863.HK