CoinShares Digital Securities Limited: CoinShares Physical Ethereum - Result of Meeting

06 October 2023

CoinShares Digital Securities Limited

LEI: 549300DR7967WVLR3P83

CoinShares Physical Ethereum – Result of Meeting

Jersey – 06 October 2023 - Further to the announcement made by CoinShares Digital Securities Limited (the “Issuer”) made on 11 September 2023 of a proposal for the amendment of the Conditions to add CoinShares Physical Ethereum Digital Securities to the Staking Classes, the Issuer announces the result of the proposal.

The CoinShares Physical Ethereum Digital Securities are as specified below:

The purpose of the proposal was to amend the Conditions to add the CoinShares Physical Ethereum (ETHE) Digital Securities to the Staking Classes and to change the name of such securities to CoinShares Physical Staked Ethereum.  The proposed change would have allowed the Issuer to stake the underlying Digital Currency and share staking rewards with investors.

A meeting of the Security Holders was convened for the purpose of approving the proposal but the resolution set out in the notice of meeting was not passed at the meeting or at an adjourned meeting due to the lack of quorum.

The Issuer continues to believe that the proposal is in the interests of the holders of the CoinShares Physical Ethereum Digital Securities and is considering its position.  A further announcement may be made in due course.

Terms used in this announcement and not otherwise defined bear the same meanings as where used in the base prospectus of the Issuer dated 20 April 2023.

For further information, please contact:

CoinShares Digital Securities Limited

2 Hill Street

St. Helier, Jersey,

JE24UA

Channel Islands

[email protected]

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