#WEMIX Greetings from the WEMIX team.

As previously announced, the WEMIX team has established and is sequentially implementing the following two-phase buyback plan to promptly mitigate the impact of the recent WEMIX PLAY Bridge asset incident and stabilize the WEMIX ecosystem.

Buyback Phase One

Purchase WEMIX coins worth 10 billion KRW to recover losses from stolen assets in the market.

Repurchase Phase Two

The additional market purchase of 20 million WEMIX coins is not only to compensate for the stolen amount but also to ensure the rapid stability of the ecosystem.

According to this plan, the first buyback will be conducted through an exchange located in South Korea starting from March 14, 2025. To further enhance the buyback effect and accelerate ecosystem stability, starting from April 10, 2025, the scope will be expanded to include global exchanges.

[Progress of the First Phase Buyback]

As of April 18, 2025, a total of 8,654,860 WEMIX coins equivalent to the stolen amount have been repurchased.

Please note that the first buyback is executed based on a total value of 10 billion kronor (8.75 billion kronor for compensation of losses + an additional 1.25 billion kronor), rather than a specific quantity. Therefore, the buyback will continue until the entire allocated amount is used.

Although we initially planned to share the details after the buyback was completed, we are providing this temporary update in response to the strong interest from the community and to inform you that the amount equivalent to the stolen assets has been repurchased.

After we share the final results, including the wallet address, we will complete the first repurchase. Then, we will proceed to the second phase, repurchasing 20 million WEMIX coins, and will notify the community once it is completed.

The WEMIX team is still committed to quickly and stably restoring the ecosystem through transparent and effective buyback execution.