Acknowledgment of Regulatory Uncertainty and Commitment to Adaptation

The KALP Foundation acknowledges that the regulatory landscape surrounding utility tokens and blockchain-based ecosystems is still evolving and subject to uncertainty. As such, the Foundation remains committed to staying informed about regulatory developments and adapting its approach as necessary to ensure ongoing compliance. The Foundation will continuously monitor regulatory changes, seek legal counsel when required, and engage in proactive dialogue with regulatory authorities to address any concerns or uncertainties that may arise. By maintaining a flexible and adaptive approach, the KALP Foundation aims to navigate the regulatory landscape effectively and ensure the long-term sustainability and legitimacy of the Gini token and the KALP ecosystem.