Principal activities of the company

Euler Tech Ltd, the Company was originally incorporated on 13 September 2023 under the private limited by shares legal structure as Miffipay Ltd. From its operational inception, the Company has dedicated its engineering capital and proprietary intellectual software frameworks to the development of innovative, highly scalable electronic payment processing systems. These solutions are specifically engineered for systemic deployment within highly defensible market niches, primarily encompassing Charity Foundations, Non Governmental Organizations, micro philanthropic donation routing networks, and audited social service financial streams. During the financial year 2024, the Company successfully deployed the functional online prototype of its proprietary philanthropic payment architecture, Spending 4 Change, which was made globally accessible for comprehensive sandbox and live interface configuration loops across primary mobile application distribution layers. To establish a robust, centralized corporate asset layer capable of cross border institutional scaling, a targeted consolidation strategy was executed. On 1 June 2026, upon finalizing formal legal mechanisms, the Company officially enacted a name change change from Miffipay Ltd to Euler Tech Ltd, concurrently initiating the restructuring of its balance sheet anchors to reflect an institutional-grade financial footprint. In May 2026, preceding the statutory balance sheet formatting, a comprehensive technological capitalization event was completed. In accordance with an independent, third party asset valuation and collateral audit report executed by Healthcapital SA, Strategic Advisory Division, Lugano, Switzerland, the underlying technology stacks, payment routing engines, proprietary algorithms, and exclusionary asset positions of The Tithe Value PLC and Likex Ltd were integrated into the corporate ecosystem. This transaction expanded the Company's industrial core from specialized transaction processing rails to a multi layered ecosystem incorporating tokenized digital finance architectures and 17 global patent allocations. Following this asset capitalization framework, which directly aligns with the evidentiary and rigorous regulatory standards dictated by Swiss Framework Article 628 of the Code of Obligations governing contributions in-kind, the capital structure of Euler Tech Ltd has been completely modified. As of the current reporting date, the Company's fully paid up and entirely liberated Share Capital stands at exactly British Pound 8,888,889. This capital baseline is strictly divided into 8,888,889 Ordinary Shares carrying a nominal par value of British Pound 1.00 per share. The commercial rollout of the Company's proprietary software foundry is strictly organized across three complementary fintech products: 5x1000 Branded Philanthropic Payment Card Suite: Utilizing white label Visa and Mastercard infrastructure to seamlessly transform transactional spend footprints into automated donation flows. Spiccioli Micro-Donation Mobile Platform: An elegant, patented hardware-linked application designed to replace street level physical coinage in an increasingly cashless society via dynamically generated, QR-scanned endpoints. Algorithmic Lottery Token: A contract driven pooled participation utility token framework designed to modernize geographically restricted lottery style structures on a global scale. To maximize secondary market liquidity and establish an institutional-grade architecture independent of traditional, illiquid equity constraints, the Company has activated a parallel digital tokenization track. Operating in direct alignment with USA authorized white-label blockchain deployment primitives, the Company's underlying capital structure is mapped into automated, EVM-compatible smart contracts via a strict 1 to 1 share to token parity index metric. Consequently, the 8,888,889 equity units are translated into exactly 8,888,889 circulating digital security tokens, ticker: EUL, locked at an initial placement unit price of Dollar 2.75 per token, for a global market cap around Dollar 25,000,000. It bypasses conventional public registration parameters by executing a dual-track compliance blueprint: utilizing a Regulation D, Section 506c, pathway for verified accredited domestic capital inside the United States, matched with Regulation S mechanisms to securely capture offshore institutional liquidity. Concurrently, formal administrative procedures are active to secure an SRO, Self Regulated Organisation, license framework from FINMA, the Swiss Financial Market Supervisory Authority, establishing a fully authorized, compliant cross-border operational perimeter. Notwithstanding the legal status of the enterprise as a private limited company under the UK Small Companies Regime, where statutory audit parameters are non mandatory, the executive board has unilaterally elected to implement maximum corporate governance mechanisms. Given the quantitative weight of the Company's capitalised immaterial technology stacks and the institutional scale of its global token placement pipelines, an authorised independent auditor has been retained in the United Kingdom. This auditor is mandated to formally certify the initial balance sheet, verify the definitive valuation anchors, and provide full audit readiness for subsequent institutional review boards and underwriter validation loops.

This report was approved by the board of directors on 2 June 2026
and signed on behalf of the board by:

Name: Davide Gai
Status: Director