Regarding Japanese exchanges: They have agreed to claim and distribute Spark (FLR) to their XRP holding clients should the the JVCEA and JFSA approve the listing of FLR on
each exchange before 12th June 2023. Regarding Songbird (SGB), should the JVCEA and JFSA approve the listing of FLR on each exchange, the Flare Foundation will distribute both FLR and SGB to
that exchange. The subsequent handling of SGB will be decided by each exchange in accordance with relevant regulations and policies. In the case that distribution of FLR to users by an
exchange is not possible due to unforeseeable circumstances, FLR and SGB will not be distributed to that exchange.