Statements

Statement in accordance with Article 6 of Regulation (EU) 2023/1114

This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper.' Where relevant in accordance with Article 6(3), second subparagraph of Regulation (EU) 2023/1114, reference shall be made to 'person seeking admission to trading' or to 'operator of the trading platform' instead of 'offeror'.

Compliance statement in accordance with Article 6 of Regulation (EU) 2023/1114

This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto- asset white paper makes no omission likely to affect its import.'

Statement in accordance with Article 6, points (a), (b), (c) of Regulation (EU) 2023/1114

The crypto-asset referred to in this white paper may lose its value in part or in full, may not always be transferable and may not be liquid.'

Statement in accordance with Article 6, points (e) and (f) of Regulation (EU) 2023/1114

The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council. The crypto-asset referred to in this white paper is not covered by the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.'

Forward-looking statements

NAEST reserves the right to update this content due to product updates, new market opportunities, and unforeseen events and partnerships that may introduce new roles and responsibilities in this document.

NAEST intends to treat NAEST Token as a utility token, emphasizing the economy and ecosystem of NAEST DePIN (see FAQ) that it supports.

Certain information contained in this document may include "forward-looking statements" within the meaning of applicable securities laws (collectively referred to here as forward-looking statements).

Such information may include, but is not limited to:

• Expected development of activities, projects, and joint ventures related to NAEST Token

• Execution of NAEST's vision and growth strategy for NAEST Token, the economy underlying its DePIN infrastructure, and related projects

• Completion of ongoing, developing, or otherwise studied NAEST projects related to NAEST Token

• Future liquidity.

Forward-looking statements are not guarantees of future performance and should not be relied upon unduly. Such forward-looking statements necessarily involve known and unknown risks and uncertainties that may cause actual performance and results in future periods to differ materially from any other projections of performance or future results expressed or implied by these forward-looking statements.