Forum Markets Reinitiates Share Repurchase Program

Forum Markets announced a series of Board-authorized actions to maximize value for all shareholders. The Board and management team remain highly confident in Forum's business model, the long-term opportunity in tokenized real-world assets, and the company's ability to generate revenue and cash flow as a standalone enterprise. At the same time, the Board believes it's in the best interest of shareholders to evaluate all opportunities to close the current gap between the company's market capitalization and its intrinsic value and has taken the following concrete steps to do so. The Board unanimously authorized the reinitiation of the company's share repurchase program, effective April 15, including authorization for repurchases in volumes that may exceed the limitations of the Rule 10b-18 safe harbor under the Securities Exchange Act of 1934, as amended. The Board views share repurchases at current price levels as a direct and immediate expression of its conviction in Forum's intrinsic value. The Board has established a Special Committee comprised entirely of independent directors - Angela Dalton, Michael Edwards, and Jason New - to evaluate proposals aimed at narrowing the gap between the company's current market value and the intrinsic value of its business, and to identify the optimal outcome for shareholders. The Special Committee will engage with parties who have approached the company to date and evaluate proposals therefrom.