The fourth quarter 2024
(compared to fourth quarter 2023)

• Revenues amounted to KSEK 42,191,1 (KSEK 7,628.9)
• Operating profit/loss (EBIT) totaled KSEK -11,328.4 (KSEK -15,230.6)
• Result for the period was KSEK -1,431.6 (KSEK -22,924.2)
• Cash flow from operating activities amounted to KSEK -10,549.9 (KSEK -4,460.6)
• Earnings per share before and after dilution amounted to SEK 0.01 (SEK -0.37)

Full year January – December 2024
(compared to full year 2023)

• Revenues amounted to KSEK 112,977.5 (KSEK 24,106.4)
• Operating profit/loss (EBIT) totaled KSEK -45,158.6 (KSEK -42,963.1)
• Result for the period was -38,769.3 (KSEK -48,870.4)
• Cash flow from operating activities amounted to KSEK -36,650.7 (KSEK -28,664)
• Earnings per share before and after dilution amounted to SEK -0.56 (SEK -0.83)

HILBERT GROUP FINANCIAL REPORTS CAN BE FOUND HERE.

Highlights from the CEO’s address

Xapo Partnership & Asset Managment
Xapo Byzantine BTC Credit Fund has demonstrated impressive traction, currently yielding 4.02% with 3,250 BTC under management. As we prepare to extend access via Xapo’s corporate banking platform to qualified global investors, we
maintain our ambitious 2025 AUM target of USD 2 billion equivalent.

Liberty Road Integration
The Liberty Road Capital integration is progressing exceptionally well, with deal completion expected before Q1 2025 end. This strategic acquisition, managing USD 110M with a 2/20 fee structure, significantly enhances our capabilities and
revenue streams. Historically, the Liberty Road strategies have achieved 10%-20% net per annum with minimal drawdowns in any given month.

COIN360
In December 2024, we launched a revamped beta version of COIN360.com, with significant improvements to user experience and platform capabilities. Our next steps for Q2 2025 include:

• Subscription-based services

• Advanced customizable features

• Community-driven content contributions

With steadily improving KPIs, we remain confident in achieving our 2025
revenue target of USD 10 million.

Launch of A360: The World’s First Compliant On-Chain Trading Protocol
One of the most exciting developments at Hilbert is the upcoming launch of A360, a decentralized trading platform for tokenized real-world assets (RWA). Developed in partnership with Galactica and CT.com, A360 will enable fully compliant, onchain spot trading of tokenized real-world equities such as pre-IPO shares of OpenAI, SpaceX and Anthropocene etc,. This initiative strengthens synergies
between:

• Hilbert’s Asset Management division

• COIN360’s established digital user base

• A360’s cutting-edge on-chain trading solutions

Looking Ahead: Strategic Priorities for 2025
As we chart the next phase of Hilbert’s journey, my immediate priorities center on three core objectives:

• Achieving firm-wide cash flow positivity

• Elevating customer experience and engagement

• Driving operational efficiency. We will continue to execute our strategy while leveraging our core strengths:
  • Technical & operational excellence
  • A strong brand presence as a NASDAQ-listed crypto firm
  • Deep expertise in both traditional finance and the crypto industry

For further information, please contact:
Barnali Biswal, CEO Hilbert Group AB or
Niclas Sandström, Co-founder Hilbert Group AB
+46 (0)8 502 353 00