Issue of 2 million SUFB Tokens to @jpbliberty1

On 17 Aug 2020, the Board of JPB Liberty Pty Ltd resolved as follows:

1. IT WAS RESOLVED to issue 2 million SUFB tokens to the Hive account@jpbliberty1 Hive account, to be used to sell to persons wishing to purchase SUFB tokens from the company.

2. IT WAS RESOLVED that any SUFB tokens remaining in the Hive account@jpbliberty1 Hive account prior to any Resolution shall be burnt by sending to Hive account@null.

The purpose of the above is to provide JPB Liberty Pty Ltd, and persons wishing to obtain SUFB Tokens from JPB Liberty Pty Ltd, two options:

a) purchasing SUFB Tokens that already exist (pre-existing entitlements created 17 Aug 2020) from Hive account@jpbliberty1; or

b) being issued new SUFB tokens by Hive account@jpbliberty.

These two options may have different legal and taxation impacts, depending on the circumstances.

Thus it is appropriate for JPB Liberty Pty Ltd to create this flexibility.

JPB Liberty Pty Ltd undertakes that SUFB Tokens held in the Hive account@jpbliberty1 account will be burnt (sent to Hive account@null) before the pro-rata calculations of SUFB Token holders to class action damages/settlement amounts are calculated.