Trump Media and Technology Group Plans Shareholder Digital Token Distribution With Crypto.com Using Cronos Blockchain

Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, today announced plans to distribute a new digital token to its shareholders in partnership with Crypto.com. The distribution is expected to leverage Crypto.com's cutting-edge technology, including the high performance, interoperable Cronos blockchain designed for speed, scalability, and seamless connectivity between networks.

Trump Media anticipates that, beginning in the near future, each ultimate beneficial owner will be eligible to receive one of the new digital tokens per whole share of DJT, with various rewards being made available to token holders periodically throughout the year. Such rewards may include benefits or discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.

Trump Media's CEO and Chairman Devin Nunes said: "We look forward to utilizing Crypto.com's blockchain technology and improving regulatory clarity to implement this first-of-its kind token distribution, reward Trump Media shareholders, and promote fair and transparent markets."

Additional details regarding the planned distribution will be forthcoming in the new year.

Disclaimer Regarding Digital Tokens

It is anticipated that the digital tokens distributed to Trump Media shareholders will not in and of themselves represent an ownership interest in Trump Media or any other entity, nor should token holders expect rewards to include profits from the essential managerial efforts of others. It is further anticipated that the tokens may not be transferable and cannot be exchanged for cash, and that only ultimate beneficial owners (not borrowers) of DJT shares as of the specified record date(s) will be eligible to receive digital tokens. Trump Media reserves the right, in its sole discretion, to change, modify or terminate this distribution or any of the terms and conditions relating to the distribution at any time, with or without prior notice.