USBC, INC. Enters into Amended and Restated Digital Asset Management Agreement

USBC, Inc. has entered into an Amended and Restated Digital Asset Management Agreement with Hyrcanian Asset Management, LLC. This agreement updates and clarifies the terms under which the Manager provides discretionary treasury management services for the Company's Bitcoin treasury strategy. The agreement, effective January 1, 2026, outlines the Manager's duties, which include recommending a digital asset investment program focused on Bitcoin call options, managing investment strategies, and providing administrative services. The Client, USBC, Inc., agrees to pay the Manager a performance-based fee of 33% of the Net Increase in Capital above a High Water Mark, calculated quarterly, with an annual cap. The agreement also details representations and obligations of both parties, specifies the term and termination conditions, and addresses indemnification, limitations of liability, and confidentiality. The Manager will not have custody of Client Assets, which will be held by a qualified custodian. The agreement is governed by Delaware law and disputes will be settled by arbitration.