The whole network is criticizing OK for being unrefined, and BN for being unrefined. We have been able to stay at the unrefined OK for six years, while the refined Bybit couldn't last six months, and couldn't hold on for two months to receive the year-end MNT dividends. This is not an isolated case, but a common phenomenon; even former executives can perfectly reorganize Bybit. Who is the most unrefined? Don't just look at what they say, but see how they vote with their feet.

During his tenure, Felix Fan, spokesperson of X Layer, engaged in activities that created a conflict of interest with the company. Such conduct violated both his employment contract and the company’s professional code of ethics. After careful consideration, the company has decided to remove Felix Fan from his position as X Layer spokesperson with immediate effect. Effective from the time of this announcement, any statements or actions by Felix Fan shall not be deemed to represent X Layer. The company will handle all related matters in accordance with applicable laws and regulations.

About Industry Competition and Talent Policies Recently, we have noticed that our competitor "Some Security" is keen on launching tempting "sugar-coated bullets" towards OKX employees. In response to such business competition behavior, OKX expresses full understanding and will continue to respond with strength and professionalism. 1. OKX's Competitive Offer Policy Any OKX employee who receives an offer from another company only needs to submit that offer to HR. HR will immediately convene the company's talent committee for evaluation. For most core talents, we will directly provide a more competitive compensation package. If the talent committee decides not to match after evaluation, we also thank the employee for their honesty and provide generous severance compensation along with sincere blessings. We firmly believe that transparency and respect are the most important foundations of trust between employers and employees. 2. The Competitor's "Short-term Poaching, Quick Abandonment" Phenomenon We have also observed that competitors generally exhibit a phenomenon of "short-term utilization, rapid abandonment" in poaching: • The protagonist of the "Little Essay Incident" Gala is said to have been personally poached by the competitor's founder, but was quickly discarded after realizing limited utility; • A former product manager of OKX DEX was hired by the competitor but was immediately fired due to unsatisfactory performance; • The former Chief Legal Officer and Compliance Officer of OKX left the competitor just four months after joining, for unknown reasons. There are countless similar cases. This "short-sighted, disposable" approach not only disrespects talent but also fails to win long-term trust. 3. Facts Speak Louder Than Accusations Interestingly, the competitor's founder often claims that OKX "treats employees poorly." However, the facts are quite the opposite—OKX invests heavily in human resources and incentives every year, providing highly competitive annual salaries, bonuses, options, and long-term Token incentives. Currently, nearly a hundred former senior and mid-level executives from that competitor have actively joined OKX. They are growing steadily on the OKX platform, achieving outstanding performance, with personal compensation generally increasing by 100% to 500%. These facts speak much louder than any verbal disputes. 4. A Sincere Invitation to True Builders We sincerely welcome all like-minded blockchain talents: If you have a long-term vision, possess solid professional skills, dislike office politics and family business culture, and value integrity and professionalism— OKX welcomes you to join. We provide top-notch platforms, resources, and rewards, allowing true builders to fully unleash their potential and create greater value. For current OKX employees—if you receive a "sugar-coated bullet," please refer to our competitive offer policy; if you only care about short-term benefits, are keen on power struggles, or treat users as "chives," then the competitor may be more suitable for you. We still wish you well and are happy to provide free legal support for job negotiation. OKX firmly believes: true competition does not rely on hype and poaching, but on long-term construction, professional accumulation, and respect for users. We choose to win the market with strength, unite talent with culture, and build the future with trust and transparency.