Consensus Mining & Seigniorage (CMSG) AGM 2026 summary

Opening remarks and agenda

• Meeting opened by CFO, with executive team present in New York and shareholders attending both in person and virtually.

• Agenda and rules of conduct were distributed; Q&A session scheduled after presentations.

Overview of voting outcomes

• Six proposals were presented: five for director elections and one to ratify the auditor for 2026.

• All director nominees were elected and the auditor appointment was ratified; final vote totals to be filed later.

Financial performance review

• As of January 23, 2026, 2,250,009 shares were outstanding; 67% quorum achieved.

• Bitcoin holdings increased from 320 at end of 2024 to 349.3 as of the meeting, reflecting steady growth.

• Since inception in December 2021, Bitcoin holdings have tripled, and $17 million in shareholder value has been created.

• Book value per share at year-end was $41, with market price at $33–$33.5, reflecting a discount.