WonderFi Technologies Inc. announced the appointments of Jaime Leverton and Noel Biderman to the board of directors of WonderFi, effective April 16, 2024. WonderFi also announced the appointment of current director Bobby Halpern as Chairman of the Board. The appointments of these two highly qualified individuals are consistent with the Board's refreshment practices, that consider the mix of skills, experience, expertise, and tenure, among members of the Board.

Ms. Leverton and Mr. Biderman bring with them decades of relevant experience and track records of driving value for stakeholders. Ms. Leverton is a leader in the Canadian technology and crypto industries, with deep experience in capital markets and digital assets. She most recently served as Chief Executive Officer of Hut 8 Mining Corp., one of the largest publicly traded Bitcoin mining companies where she facilitated extensive M&A and capital markets activities, including the company's Nasdaq listing.

Ms. Leverton previously held leadership roles as Chief Commercial Officer at eStruxture Data Centers and General Manager, Vice President for Canada and APAC for Cogeco Peer 1 (now Aptum). Ms. Leverton also served as Managing Director, Financial Markets, for National Bank of Canada and as Vice President Carrier Sales and Distribution, Americas at BlackBerry in addition to leadership roles at both Bell Canada and IBM Canada. Her demonstrated track record and transformational expertise as an executive at some of Canada's leading public and private companies will be crucial for the Company as a member of the Board.

Mr. Biderman brings storied experience in technology and brand building. He currently serves as Co- Founder of Avenue Insights, which provides predictive analysis to U.S. and Canadian law firms. He most recently served as Strategic Advisor to WonderFi in developing the launch of the Company's iGaming and equities trading scenarios. Mr. Biderman also served as Chief Marketing Officer and Management Advisor at Bitbuy, WonderFi's wholly owned crypto trading platform.

As President and Chief Executive Officer of Avid Life Media Inc. ("Avid"), Mr. Biderman grew Avid into one of the largest online dating companies in the world, generating over $100 million in annual revenues. Mr. Biderman is a graduate of Osgoode Hall Law School and during his career represented 47 professional athletes globally, including a number of Canadian Olympians. Mr. Halpern has served as a WonderFi Board member since July 2023.

He is principal of Toronto-based Halpern & Co., which led the private buy-out of Bitbuy in early 2018 prior to WonderFi's acquisition of the platform in 2022. WonderFi directors Christopher Marsh and Nicholas Thadaney have stepped down as directors, effective April 16th, 2024. The Board expresses its deep appreciation for their contributions to WonderFi.

Mr. Thadaney joined the Coinsquare board in August 2020 and was central in positioning the company for success in regulated markets. He also helped Coinsquare Capital Markets Ltd. ("CCML"), a subsidiary of Coinsquare, receive IIROC registration. Mr. Thadaney is a founding member and current director of Tetra, one of the first qualified custodians for digital assets in Canada, and 34% owned by WonderFi.

Mr. Thadaney will remain on the CCML board and will be one of WonderFi's nominees on Tetra's board. Mr. Marsh was instrumental in building the underlying technology that powers Bitbuy and was the former President and Chief Financial Officer of Blockchain Foundry Inc., which WonderFi acquired in 2022. Mr. Marsh will join the CCML board and remain a significant shareholder in the Company.