Assets Market Value Amount CHF Cash + Cash Equivalents + Financial Assets ADA BTC 73.3M 148.3M 65.9M Total: 287.5M Financial Position Under Swiss accounting standards, crypto- assets and financial assets are recorded at historical cost in the statutory financial statements. To provide additional context, a market-based reference valuation is shown below. Market values are presented for transparency and context only and do not replace statutory accounting treatment. This approach maintains the integrity of statutory accounting while providing an additional market-based perspective. Resource Allocation in 2025 Expenditure in 2025 reflects the Foundation’s three strategic pillars – Governance, Adoption and Technology, as detailed in more depth earlier in this report – which underpin Cardano’s evolution as a decentralized public digital infrastructure. A total of CHF 23.6M was allocated across these three strategic pillars.This allocation profile reflects a balanced deployment of resources, supporting the expansion of ecosystem utility and adoption while simultaneously reinforcing the technical infrastructure and governance mechanisms necessary to ensure the network’s long-term sustainability and resilience. 39.6% Adoption Adoption spending supported: enterprise solutions, identity and traceability systems, regulatory collaboration, education expansion, ecosystem partnerships, and the Cardano Summit planning and operations. Technology Technology spending supported: protocol enablement, developer tooling, node diversity initiatives, interoperability frameworks, oracle infrastructure, and operational resilience. Governance Governance spending supported: decentralized on-chain governance, DRep participation, governance tooling, constitutional processes, Intersect collaboration, and community engagement mechanisms. 20.1% 27 Cardano Foundation Financial Insights Report 2025 40.3% CHF 9.3M CHF 9.5M CHF 4.8M