Intro

Following the conclusion of the application period, we are pleased to present the final list of shortlisted candidates for the Risk Committee election. As the recent vote to reduce Risk Committee members from 5 to 3 passed with 100% in favour, 3 successful candidates out of the 5 applicants will earn a seat on the Ethena Risk Committee for the next 6 month term.

Note: This vote will be conducted using an Approval voting method - ENA and sENA holders can vote for any candidate they approve of and each candidate will receive a full weight of votes. Voters can select multiple choices.

Ethena Labs Research will be excluded as an option from this vote, and will continue to act as a non voting member in an advisory capacity to the Committee going forward.

Shortlisted Candidates

Current Risk Committee Members Seeking Re-election:

• Blockworks Advisory
• LlamaRisk
• Kairos Research
• Credio (Untangled)

Steakhouse Financial decided not to stand for re-election this term.

New Applicants:

• OAK Research

Next Steps

The above candidates will proceed to the voting phase, which will take place through an Approval Voting process on Snapshot, allowing ENA and sENA holders to vote for all the candidates they approve of. There are 3 seats available on the Committee for the 5 applicants. The vote will run for 6 days.