HIVE Global Group
Private Draft Preview — Not Approved for Publication

HIVE Capital Markets

Turning Strategic Assets into Institutional Capital

HIVE Capital Markets is the capital markets initiative within HIVE Global Group — designed to connect the Group's long-term strategic infrastructure assets with institutional financing and disciplined capital frameworks.

02 — Our Purpose

Capital as a Strategic Discipline

HIVE Global Group built a portfolio of long-duration strategic assets across energy, semiconductors, photonics, data infrastructure and sovereign intelligence. HIVE Capital Markets is the initiative designed to translate the underlying economics of those assets into structured, institutional-grade financing

01

Long-Term Assets

Strategic infrastructure with durable underlying economics across energy, technology and sovereign data platforms.

02

Financing Readiness

Systematic preparation of assets for institutional financing — documentation, structure, governance and disclosure.

03

Disciplined Capital

Proposed capital planning frameworks aligned with the long-duration nature of HIVE's strategic asset base.

03 — What We Do

Five Capabilities

5 Strong and Focused Capabilities

01

Arrange

Origination and coordination of financing arrangements associated with eligible strategic assets held within the HIVE ecosystem.

02

Structure

Development and evaluation of appropriate financing structures, collateral arrangements and risk controls suited to long-duration infrastructure assets.

03

Distribute

Coordination with appropriately regulated distribution partners, where permitted by applicable law and regulatory authorisation.

04

Service

Financing administration, investor reporting and payment coordination across the lifecycle of each financing arrangement.

05

Advise

Capital planning and transaction-readiness support for HIVE-affiliated companies preparing for institutional financing processes.

04 — The HIVE Ecosystem

Capital Within the Group

HIVE Capital Markets is a coordinating function — connecting the Group's strategic assets with institutional capital markets.

01Operating BusinessesHFO · HGC · HGE · HGA

Strategic assets and operating platforms

02Energy & InfrastructureHIVE Global Energy

Upstream, midstream, downstream, digital twin

03Asset EconomicsFinancing Readiness

Structured asset preparation and documentation

04Capital CoordinationHIVE Capital Markets

Proposed institutional financing interface

External Advisers & Regulated Partners

Where required by applicable law, any distribution, securities activity or regulated service would be conducted through appropriately authorised and regulated third-party partners.

05 — Institutional Approach

The Transaction Lifecycle

An eight-stage framework representing the operating model. Each stage carries defined responsibilities and approval gates.

01

Origination

Identification and preliminary assessment of eligible assets and financing opportunities within the HIVE portfolio.

02

Pre-structuring

Early-stage evaluation of financing structures, asset economics, collateral and risk parameters.

03

New Product Review

Internal review and approval of proposed financing products, structures and documentation frameworks.

04

Documentation

Preparation of term sheets, offering documents, legal agreements and disclosure materials.

05

Distribution Preparation

Coordination with regulated distribution partners and preparation of investor materials.

06

Launch & Bookbuilding

Managed investor engagement, order collection and allocation processes.

07

Closing & Settlement

Execution of final agreements, transfer of proceeds and completion of transaction mechanics.

08

Servicing

Ongoing administration, reporting, payment coordination and investor communications.

06 — Built for Confidence

Governance Philosophy

Designed around institutional confidence, transparent disclosure and disciplined control.

Independent Oversight

Separation between origination, structuring and approval functions.

Separation of Responsibilities

Defined roles and accountability across each stage of the transaction lifecycle.

Conflicts Management

Framework for identifying, disclosing and managing conflicts of interest.

Transparent Disclosure

Commitment to consistent, accurate information across all approved documentation and communications.

Dual-Control Principles

Key decisions subject to independent review and documented approval before execution.

Consistent Investor Communications

One version of the truth — uniform information across all approved investor-facing materials.

Core Principle

One Version of the Truth

Consistent, accurate and complete information across all approved documentation, investor reporting and institutional communications. No selective disclosure. No conflicting representations.

07 — International Perspective

A Global Capital Outlook

Strategic geographic overview. Any future market access would be subject to applicable laws and regulatory permissions.

01

United States

Subject to applicable SEC and FINRA requirements and appropriately registered partners.

02

Europe

Subject to applicable MiFID II, Prospectus Regulation and national regulatory frameworks.

03

GCC

Subject to applicable DFSA, ADGM, CMA and relevant national authority requirements.

04

Asia

Subject to applicable SFC, MAS, SC and relevant national regulatory frameworks.

05

Other Eligible Markets

Subject to applicable local laws, regulatory permissions and authorised partners in each jurisdiction.

Important Notice: Nothing on this page constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or investment product in any jurisdiction.

08 — Leadership & Corporate Information

Accountability & Corporate Structure

Group Leadership

HIVE Capital Markets is built under the strategic direction of HIVE Global Group's senior leadership.

View Group Leadership

Corporate Information

InitiativeHIVE Capital Markets
Parent GroupHIVE Global Group
RelationshipProposed internal capital markets function
JurisdictionTo be confirmed following legal review
RegistrationTo be confirmed following legal review
Regulatory StatusNot currently authorised or licensed
Publication StatusPrivate draft — pending legal and compliance approval

Regulatory & Publication Notice

The material on this page is an internal planning reference. HIVE Capital Markets is not currently licensed, authorised to arrange securities, distributing investments, operating issuer vehicles or providing regulated financial services.

This page must not be published or distributed until HIVE's authorised legal, compliance and corporate reviewers have approved the final content and authorised publication.

Use proposed, intended and planned language throughout. Do not state or imply that any proposed committee, independent issuer, director or control function is already established unless independently verified and approved.

09 — Enquiries

Institutional & Corporate Enquiries

For institutional enquiries, strategic partnership discussions or corporate information requests, please contact HIVE Global Group directly.