Announcing FNSA Incentive Payments for LINE-Affiliated Employees

Hello, this is the Finschia Foundation.

The Finschia Foundation plans to provide FINSCHIA (FNSA) incentives to LINE-affiliated employees who contribute to the Finschia ecosystem in collaboration with LINE in the future. All incentive resources come from quantities of FNSA that LINE has secured on its own, including from its service revenues, and the Finschia Foundation will not be issuing additional FNSA for the payment of FNSA incentives to LINE-affiliated employees.

[Information]

• Payment Period: Distributed over 3 years, starting from the 3rd quarter 2023
• Source of Funds: Resources that LINE has secured on its own and donated to the Finschia Foundation for employee incentive purposes from 2023 onwards
• The Finschia Foundation has no plans to make additional issuance, and there will be no changes in the circulating supply.

[Remarks]

• All incentive resources paid to LINE employees who contribute to the Finschia ecosystem have been directly procured by LINE from the market, including its service revenues. The Finschia Foundation receives these resources as a donation from LINE for incentive purposes and distributes them as incentives.
• Eligible LINE employees can choose to receive either ZHD stocks or FNSA. Those who do not choose FNSA or become ineligible — due to resigning from the company or other reasons — will not receive the payment.
• Upon acquiring the Finschia business from LINE TECH PLUS PTE. LTD., the Finschia Foundation also inherited the obligation to pay FNSA incentives and was simultaneously gifted the associated funds.

The Finschia Foundation is committed to focusing on the popularization of Web3 and will continue to strive to create a sustainable token economy and blockchain ecosystem.

We are the blockchain for all.

Finschia Foundation