Dear {NAME}, As we near the end of the year, I wanted to take a moment to express my gratitude to each and every one of you. Your support has been integral to Republicâs perseverance and growth through what has been a challenging year for the world. To you - our partners, advisors, investors, and customers â thank you! ð We spent much of 2022 adapting to market volatility, strengthening our core products, expanding into new markets, and positioning Republic as a leading global firm advancing the digitization of finance. We are eager to enter the new year with an even greater focus on unifying everything we have built. Looking back on 2022 As a firm that serves investors and companies of all stages, we have spent this year with our customers in mind. From first-time investors and early-stage founders to institutional investors and renowned enterprises, Republic is building the place where the markets converge for all participants. Despite a year with significant macroeconomic headwinds, there were many moments that reminded us just how far weâve come and how big of an opportunity is in front of us. We stood in awe as Republic Capitalâs portfolio company, Firefly Aerospace, successfully launched a rocket into orbit on just their second attempt- the first launch services provider to ever do so. Not only was this a historic accomplishment, but now Firefly is the only U.S. provider capable of reaching orbit today in the 1,400 kg payload class. Republic Capital was one of their biggest and earliest supporters and invested in Firefly when few others saw their potential. ð In May, when the crypto market retreated from all-time highs, the Republic Crypto team responded with level-headed determination. The team, made up of experienced builders who have been through many market cycles, maintained their conviction and doubled down on Republicâs unique edge as an infrastructure and distribution partner for both Web3 native projects and traditional enterprises looking to harness the power of digitization. They got to work designing over thirty unique token economies and accrued more than 3x the cash revenue earned in 2021. ð Meanwhile, our investing and fundraising marketplace, Republic Retail, became truly global. In May we announced expansion into Asia and in September our acquisition of UK-based Seedrs was finalized. As teams and initiatives became borderless, the industry advanced in the face of a volatile market. We hosted campaigns for celebrities like Noah Schnapp, âStranger Thingsâ actor and co-founder of Snack TBH, to give his fans the opportunity to invest in his success. Just last month, we pushed forward even more innovative ways for retail investors to own what they care about through art, wine, and culture-defining investments. And next up, weâll aim to bring liquidity to private investing with secondary trading capability. ð¬ð§ð¨ Itâs these significant moments, in what many describe as a âterrible year for the markets,â that make me more confident than ever about the future of Republic. They are hints toward greater evolution and innovation in the financial sector, with retail participation surely on track to displace the long-standing institutional domination of the capital markets. And we - all of us - are at the forefront of this seismic shift. 2023 and beyond Some of the most exciting things our team has been working on this last year have yet to be releasedâ¦next year has even more in store. We canât wait to share our new vision with you. ð Thank you again for the opportunity to serve you and to a fantastic 2023 for us all, together! ðð¤ All the best, Kendrick Nguyen CEO of [Republic](~/AAQRxQA~/RgRlkvvBP0SVaHR0cHM6Ly9yZXB1YmxpYy5jb20vP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9tYWlsZXIud2Vla2x5X25ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9bGV0dGVyX2FsbCZ1dG1fdGVybT1sZXR0ZXJXA3NwY0IKY6LBdrBjOkGsRlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) Crowdfunding investments can result in total loss, and may be impossible to resell. Read about risks. This brief should not be construed as investment advice. Always consult with trusted professional advisors before making investments. Private investments are inherently illiquid and may result in total loss. Not FDIC or SIPC insured. Republic Core LLC ("Core") provides technology and support services to OpenDeal Inc. and its affiliates (collectively, the "Republic Ecosystem"). Republic Note holders and as well as users of the site and services maintained by the Republic Ecosystem, regardless of and their activities on or relating to the Republic Ecosystem, are subject to the applicable terms of service, in their entirety. Core cannot give investment advice, analysis or recommendations with respect to any securities, and is not a registered broker-dealer, funding portal or investment adviser. Securities offerings displayed by Core may be facilitated by its affiliates in the Republic Ecosystem, OpenDeal Portal LLC d/b/a Republic, or OpenDeal Broker LLC d/b/a The CapitalR, Republic Capital Adviser LLC, Republic Deal Room Advisor LLC, Fig Publishing, Inc. or by a third-party issuer. This email is intended only for accredited investors with a pre-existing relationship with the Republic Ecosystem. Please notify the sender immediately if you have received this email by mistake, then delete it. Private investments are risky and illiquid, never invest more than you can afford to lose, consult with your trusted advisors and do your own diligence before investing. Republic Retail refers to OpenDeal Portal LLC dba Republic, an SEC-registered crowdfunding portal, OpenDeal Broker LLC, an SEC-registered broker dealer, Republic Core LLC, Republic Deal Room Advisor LLC, an exempt reporting investment adviser, Fig Publishing Inc., and Republic Realm Inc. and its subsidiaries. This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed; they do not constitute legal or investment advice. Please notify the sender immediately if you have received this e-mail by mistake, then delete it. Adjust your email preferences [here](~/AAQRxQA~/RgRlkvvBP0QraHR0cHM6Ly9yZXB1YmxpYy5jb20vc2V0dGluZ3Mvbm90aWZpY2F0aW9uc1cDc3BjQgpjosF2sGM6QaxGUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~). 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