[Supplementary Funding] DayOneDream × CONX K-Content Pilot Fund — Tranche 2

Original Proposal Text

1. Basis This proposal is submitted by MDW Media, Inc. (the "Issuer") pursuant to Amendment 4 (Supplementary Funding) of the Original Proposal, which provides that where the Cumulative Realized Proceeds upon completion of any liquidation fall short of KRW 250,000,000, the Issuer may request supplementary $CONX in a quantity reasonably estimated to realize the shortfall amount upon liquidation, and that each request shall be executed through a separate Community Pool Spend proposal submitted in accordance with CONX governance procedures. Tranche 1 liquidation has been completed in full and the Cumulative Realized Proceeds fall short of KRW 250,000,000. 2. Tranche 1 Result Disbursed quantity (July 15, 2026): 29,264,698 $CONX Transfer and withdrawal fees: 19 $CONX Quantity liquidated: 29,264,679 $CONX Liquidation period: September 11 to September 28, 2026 Execution venue: Bithumb KRW-XPLA Weighted average unit price: KRW 7.6643 Cumulative Realized Proceeds (gross): KRW 224,293,211 Unliquidated remainder: None Liquidation was executed as split market sales with a daily sell limit applied throughout, with no lump-sum disposal. As the entire tranche was liquidated, no return in kind arises under Amendment 3. Full execution records are submitted as supporting documentation. 3. Shortfall Target: KRW 250,000,000 Cumulative Realized Proceeds: KRW 224,293,211 Shortfall: KRW 25,706,789 4. Requested Amount Requested quantity: 3,810,000 $CONX Calculated as the shortfall divided by the 7-day TWAP of $CONX published on CoinMarketCap immediately preceding the submission date of this proposal, multiplied by 1.15. Reference price: KRW 7.7562. KRW 25,706,789 divided by 7.7562 equals 3,314,346, multiplied by 1.15 equals 3,810,000 (rounded). The 15% buffer accounts for price movement during the governance review, disbursement and execution period. During Tranche 1, the interval between quantity determination and execution produced a material variance between the reference price and the realized average price. The buffer does not increase the amount the Issuer retains. Liquidation halts upon the Cumulative Realized Proceeds reaching KRW 250,000,000, and any unliquidated $CONX is returned in kind to the CONX community designated wallet in full discharge of the corresponding portion, in accordance with Amendment 3. 5. Execution and Effect Liquidation of the supplementary amount will follow the same execution and disclosure principles applied to Tranche 1. All proceeds realized accrue to the Cumulative Realized Proceeds in accordance with Amendment 4. Upon completion, the Confirmed Principal will be determined in accordance with Amendment 1, at the earliest of (i) the Cumulative Realized Proceeds reaching KRW 250,000,000, (ii) the Issuer's written notice waiving further supplementary requests, or (iii) January 29, 2027. The repayment basis and the maturity date of July 8, 2027 are unchanged. Except for the supplementary funding requested herein, all provisions of the Original Proposal as amended remain in full force and effect.