Special Resolution: Operation Wartortle | Snapshot Poll Result Dear Members The Operation Wartortle Special Resolution Poll has been approved. With 1.2million votes For and 0 Against the super-majority threshold of 75% has been achieved. The execution of the agreed resolution actions will take place as soon as possible after the 24th Feb 12:00PM UTC. The Terrapin International Foundation in Panama needs to be registered first before the transfer can be completed. If you wish to remain a member and continue your membership under a stateless DAO structure you do not need to do anything. If you do not wish to be part of Nexus Mutual DAO under the stateless DAO structure then you need to withdraw your membership. Please do so before Feb 24th 12:00PM UTC. You will need to dispose of any NXM before completing the withdraw membership transaction https://app.nexusmutual.io/home/membership Disposing of NXM can be accomplished by either: 1) Converting to wNXM, and either holding or selling 2) Transferring NXM to another member 3) Transferring (donating) to the Community Fund (0x586b9b2F8010b284A0197f392156f1A7Eb5e86e9) 4) Converting to wNXM and burning by sending to 0x000…00 There are a couple of cases where technical restrictions at the smart contract level prevent on-chain membership withdrawal including coverage ownership or active staking. If you are in this situation and wish to withdraw membership please do the following: 1) Dispose of any “free” NXM that is unlocked, as above, AND 2) Email info@nexusmutual.io with your ETH address, name and email address you signed up with stating your wish to withdraw membership. We will remove your membership from the Members Register of Nexus Mutual Ltd and restrict further interactions with the mutuals smart contracts. If you have outstanding cover, we will organise a proportional refund for the remaining cover period, your cover will cease and you will not be able to make any claims.

Special Resolution: Operation Wartortle | Snapshot Poll Result Dear Members The Operation Wartortle Special Resolution Poll has been approved. With 1.2million votes For and 0 Against the super-majority threshold of 75% has been achieved. The execution of the agreed resolution actions will take place as soon as possible after the 24th Feb 12:00PM UTC. The Terrapin International Foundation in Panama needs to be registered first before the transfer can be completed. If you wish to remain a member and continue your membership under a stateless DAO structure you do not need to do anything. If you do not wish to be part of Nexus Mutual DAO under the stateless DAO structure then you need to withdraw your membership. Please do so before Feb 24th 12:00PM UTC. You will need to dispose of any NXM before completing the withdraw membership transaction https://app.nexusmutual.io/home/membership Disposing of NXM can be accomplished by either: 1) Converting to wNXM, and either holding or selling 2) Transferring NXM to another member 3) Transferring (donating) to the Community Fund (0x586b9b2F8010b284A0197f392156f1A7Eb5e86e9) 4) Converting to wNXM and burning by sending to 0x000…00 There are a couple of cases where technical restrictions at the smart contract level prevent on-chain membership withdrawal including coverage ownership or active staking. If you are in this situation and wish to withdraw membership please do the following: 1) Dispose of any “free” NXM that is unlocked, as above, AND 2) Email info@nexusmutual.io with your ETH address, name and email address you signed up with stating your wish to withdraw membership. We will remove your membership from the Members Register of Nexus Mutual Ltd and restrict further interactions with the mutuals smart contracts. If you have outstanding cover, we will organise a proportional refund for the remaining cover period, your cover will cease and you will not be able to make any claims.