I just got the following email this morning (Sunday 9:20

Question

I just got the following email this morning (Sunday 9:20

am ??) From Texas (SSB) State Security Board. It was only sent to my Corporate Celsius account email not my personal. Anyone else?

Celsius Network Inquiry - Texas State Securities Board/Enforcement Division

OFFICIAL CORRESPONDENCE – TEXAS STATE SECURITIES BOARD, ENFORCEMENT DIVISION

My name is Joe Rotunda, and I am the Director of the Enforcement Division of the Texas State Securities Board. The Texas State Securities Board is a state agency responsible for regulating the securities market in Texas. Its Enforcement Division is responsible for identifying and investigating securities offerings that may violate state securities laws, pursuing enforcement actions and protecting investors.

In September 2021, the Enforcement Division commenced a contested case against Celsius Network and other parties. It alleged the respondents illegally offered investments in interest-bearing accounts referred to as EARN accounts. You can access information about the contested case through the agency's website at ssb.texas.gov.

The Enforcement Division understands you may have dealt with Celsius Network and you may have opened an EARN account. If you opened an EARN account with Celsius Network, please help us by answering the questions available at this link or at https://www.surveymonkey.com/r/C6JDNV7. Your responses will be treated as confidential pursuant to Section 4002.161 of the Texas Government Code.

Please feel free to pass along this message to anyone you know who may have an EARN account with Celsius Network. Thank you for taking the time to provide this information.