OSL Group Limited

So much appreciate for everyone's patience. We should get started. Thank you for joining us today for OSL's Group 2025 annual result presentation. My name is Ken Rick, Director of Corporate Development, and I will be your moderator for today's session. Today's call will begin with remark from our senior management team. I'm pleased to have with us Kevin Choi, Executive Director and CEO, Ivan Wong, CFO, Gary Tu, our Executive Director and Head of Regulatory Affairs. The presentation will be conducted in English and simulcast in Chinese. The call is expected to last approximately an hour. In the first half of the call, our management team will provide an overview and update on our annual result. This will then follow with a Q&A session. For logistic purpose, the chat function will be disabled except for a direct message to me, the moderator. You might submit your question at any time during the presentation through the chat function. We kindly ask you to include your personal and company name when submit a question. Question will be asked in either English or Chinese, but the response will be only provided in English. As a disclaimer, this presentation is for informational purpose only and do not constitute any financial advice or offer to buy or sell a security. During the presentation, we will cover three key areas, including the OSL opportunity, the business highlight, financial and operational update. So without further ado, I'm pleased to introduce Kevin, our CEO, to start presenting the OSL opportunity. Kevin, please go ahead. Kevin, I think you might just unmute yourself first. I think you might be mute. Sorry about that.

Oh, okay. Okay. Sorry about that. Thank you, Kevin. Good morning, everyone. Let's start with the OSR opportunity. Our mission is to make money move as freely as information. To achieve this, we are scaling OSR into a global stable coin payment and a trading platform. Guided by being open, secure, and licensed, we will continue to provide the essential pavement rails for our partners and users, bridging the gap between the traditional and the digital assets ecosystems. As the first publicly listed platform which obtained license to operate digital assets trading platform in 2020, We leveraged our first mover advantage to achieve rapid growth since then. In 2025, our total transaction volume increased by 201% as compared to the last year over $200 billion. With stable coin transaction volume accounted for 60%, consequently, our unknown IFRS income increased to $534.1 billion, representing a robust 150-year growth. Evolving from HK Hong Kong-based digital asset exchange into a global stable coin payment and trading platform, to date, we have secured over 50 licenses and registrations across 11 regions, primarily in Asia Pacific, Europe and North America, with overseas market contributing 67% of our total IFRS income. In last year, 2025, we secured aggregated 500 million US dollar equity financing from leading global institutional investors in the past year, representing one of the most sizable equity finance in Asia's fintech sector. We were also proud to be included in the KPMG China FinTech 50 list, and to be the only Hong Kong-based company being recognized in the CNBC World Top FinTech Companies 2025 list. Thanks to strong recognition from investors, which resulted in record-breaking market cap and high trading volume, We have been included in the Hang Seng Composite Index and FTSE All Cap Index for the first time and have remained in the NSEI Index since 2024. We are currently facing a once-in-a-generation opportunity as the financial world shifts from the fiat-based financial market infrastructure to a stablecoin-based one. While traditional financial infrastructure remains using the legacy SWIFT rails, which is a system largely unchanged since 1973, that remains manual, fragmented, and burdened by long settlement cycles. OSL is bridging this structural gap by pioneering a modern financial internet alternative. By transitioning to stablecoin-based, we facilitate a 24-7 instant transaction settlement and a fully automated rule-based and programmable execution. It is also a native support for emerging AI-driven agent tech payments. In 2025, there are two megachains, stablecoins and the AI agent tech economy. OSR is well-positioned to capture these opportunities. Firstly, the stablecoin market is projected to reach 2.25 trillion US dollar by 2029, expanding at a remarkable about 62% CRGR. While this growth trajectory is impressive. Yes, stablecoin currently represents about only 1% of US 2025 US into money supply. This consistent upward trend confirmed that we are still in the early stages of a massive multi-trillion dollar opportunity that OSO is uniquely positioned to capture. Secondly, we are witnessing the explosive emergence of the AI agentic economy. In less than one year, enterprise adoption has already fueled over more than 140 million agentic transactions. With global volume project to reach staggering US$3 trillion by 2030, OSL is positioning ourselves as the foundational settlement layer for this automated autonomous future. In world machine-to-machine commerce, 24 on-chain payment routes are no longer an option for the crypto requirements. They are the core drivers of our evolution. OSL has evolved from the Hong Kong-based digital assets exchange in 2024 into a multi-market digital asset platform in 2025 and finally into a global stablecoin payment and trading platform today. OSL is the next generation financial infrastructure providing the critical roles specifically for the stablecoin in the AI-driven future. This rapid evolution was fully realized in 2025, empowered by the strategic integration of GENXA and alongside the launch of the OSO BizPay and our proprietary stablecoin USDO with Anchorage. Our global stablecoin payment and trading platform is a definitive infrastructure to make money move as freely as information. osl access the bridge between fiat currency and stable coins we achieved through our four core capabilities global connectivity global license instantly settlements and deep liquidity these capabilities are the foundation of our three core products through osl visit We facilitate end-to-end cross-border payments. Through venture, we provide a one-stop on-and-off ramp solutions. Through our local exchanges, we ensure compliance last mile delivery globally. The reach of this infrastructure is already unparalleled. We now integrate with over 80 blockchain networks, support pay-in and pay-out operations in over 150 countries. facilitates more than over 30 fiat currencies. OSL is reaching over 1.5 billion global users through our enterprise clients and partners. Today, OSL is enabling money to be moved across any currency, anywhere, anytime, and in any size. Now, let us zoom in on the four core capabilities that differentiate OSL from our peers. These capabilities translate our strategy into results. First, global connectivity. We act as the primary bridge between fiat and digital assets. By supporting over 30 fiat currencies and connecting over 30 banks and payment networks, we provide a seamless on and off ramps that global capital requires. Second, global licenses. With over 50 licenses and registrations across 150 countries in 11 jurisdictions, we have built the foundations of institutional trust. We have unified our KYC, KYB, and compliance framework to offer it securely wherever our clients need us. Third, instant settlement. We have engineered agent-ready rails that enables machine speed of efficiency. We operate 24-7 to facilitate higher frequency automated micropayments for the future. Finally, deep liquidity. We aggregate liquidity across a vast network of partners and regions. By combining our local exchange capabilities, we ensure every transaction happens with maximum efficiency and minimal slippage. With the next generation of financial marketing infrastructure in place, OSL is accelerating our roadmap. We are focusing on these five growth strategies to ensure our expansion to both rapid and capital efficiency. Firstly, we are broadening our stablecoin product offerings we are enhancing the absolute efficiency for institutional clients across treasury workflow in parallel we are accelerating usd adoption and solidifying our position as a definitive global stable coin payment and training platform secondly we are further investing next generation market infrastructure we are expanding our global licensing and compliance footprints across key jurisdictions by scaling bank connectivity in higher growth corridors and we are eliminating traditional frictions to enable seamless field address and high velocity across border six settlements. Thirdly, we will pursue equity global M&A opportunities. We are executing a disciplined strategy to acquire compliant high quality assets in a stable coin payment and trading space. especially in emerging markets. It allows us to rapidly consolidate our leadership, while building deep technology and licensing modes. Fourth, we are scaling operations in selected markets, building on our solid traditional products in Europe, Indonesia and Hong Kong. We are moving into a phase of driving trading volume in these selected markets. This creates deep liquidity that reduces hedging costs and delivers great pricing for our institutional clients. We are actively embracing the AI-driven agent tech economy and taking a leading role in shaping its development. We are pioneering agent tech's stable coin payment solutions that enables autonomous and programmable value transfer. At the same time, we are leveraging AI to scale transaction volumes linearly and unlocking significant operating leverage.

Yeah, thank you very much. Yeah, for for the insight for sharing. I think that's definitely very helpful. Thank you very much. So now, let's move on to the business highlight. So Gary, our head of regulatory affair will shine some light on the subject. So Gary, passing over to you.