Grayscale Sui Staking ETF

Grayscale Sui Trust (SUI) (the Trust) is a passive entity that is managed and administered by the sponsor. The Trust holds SUI and, from time to time on a periodic basis, issues creation baskets in exchange for deposits of SUI. As a passive investment vehicle, the Trust’s investment objective is for the value of the shares (based on SUI per Share) to reflect the value of the SUI held by the Trust, determined by reference to the reference rate price, less its expenses and other liabilities. Its activities are limited to issuing baskets in exchange for SUI transferred to it as consideration in connection with the creations; transferring or selling SUI, incidental rights and IR virtual currency as necessary to cover the sponsor’s fee and/or any additional trust expenses; transferring SUI in exchange for baskets surrendered for redemption (subject to obtaining regulatory approval from the SEC and approval from the sponsor), and others. Its sponsor is Grayscale Investments Sponsors, LLC.