EDA - A UTILITY TOKEN
ISSUER LEGAL OPINION

Re: Regulatory Characterisation of EDA Coin (“EDA Coin”; “EDA”)

Released Date: 1st January 2026

Issued by: Emerging Digital Age (EDA) Pty Ltd (Issuer of EDA Coin)

Download EDA – A UTILITY TOKEN NOT A SECURITY TOKEN

IMPORTANT NOTICE AND DISCLAIMER

This document is an issuer-issued legal opinion and regulatory position statement prepared by EDA Pty Ltd, the issuer of EDA Coin. It is provided for informational, compliance, and disclosure purposes only.

This opinion does not constitute legal advice to any third party, is not issued by external counsel, and should not be relied upon as a substitute for an independent legal opinion issued by a qualified legal practitioner authorised in the relevant jurisdiction(s).

1. PURPOSE AND SCOPE

EDA Pty Ltd issues this opinion to formally state its regulatory position regarding the legal characterisation of EDA Coin, a blockchain-based digital token native to the EdaFace Ecosystem and EdaChain network.

The purpose of this opinion is to confirm that, based on its design, functionality, and manner of issuance, EDA Coin is not a security token, but a utility token intended for functional use within the EdaFace blockchain platforms and EdaChain network.

This opinion considers commonly applied regulatory frameworks and interpretive tests in the following jurisdictions:

• European Union

• Federal Republic of Nigeria

• Republic of Kenya

• Republic of South Africa

• Republic of Uganda

• United States of America