Altura Community Update The recovery of treasury assets from Inessa is ongoing and progressing steadily. Two transfers totalling USD 1.2 million arrived today. Funds are arriving in tranches as the unwind continues. Today's transfers are already verifiable through JPMorgan's payment tracker, using the reference ID shown on Altura's Proof of Reserves dashboard, where details appear first: The Accountable dashboard takes slightly longer to update. Accountable independently verifies each transaction before updating it. That short delay is the independent check working as intended. You can find the dashboard at We are grateful for your patience. The Altura team is working around the clock to see this through, and we will keep you updated as things progress.

Dear Community, As many of you know, the winding-down process is progressing well, and we'd like to share an update. We currently have approximately USD 1 million in assets remaining to unwind from the vault's strategies, and we expect this process to be completed on or before 23 July 2026. Our onboarding with the OTC desk is also nearing completion. Once finalized, we aim to begin processing full redemptions on or before 31 July 2026. When redemptions go live, the process will be simple and familiar, you will just need to visit the dashboard and submit your claim, just as you have done previously. For anyone holding AVLT within Morpho, these redemptions will also allow those positions to unwind. To add some clarity on the Proof of Reserves dashboard, here is what each position represents: Altura Bank Account: funds already returned from the unwind, held in cash and to be converted to USDT for redemptions. OKX: capital from the delta-neutral strategies, market making and funding rate positions. Sitting fully in stablecoins, liquid, and under Altura's control. Inessa: the RWA portion still to return through the unwind. This is the part the ongoing transfers are steadily bringing back. Cobo: assets held on-chain in institutional-grade custody, in stablecoins and liquid. Ethereum: the remaining portion of the mF-ONE position, held on Ethereum. Morpho: Altura's own treasury position lent into Morpho against mF-ONE, liquid once redemptions begin. The Proof of Reserves dashboard stays live and updates in real time: As always, official updates come only from @alturax. Thank you.

Community Update – Strategy Unwinding Progress Dear Community, We would like to provide you with a transparent update on the progress of the strategy unwinding process. As of today, we have successfully received USD 14.97 million, with USD 6.95 million remaining outstanding. To ensure full transparency, we are displaying the progress of incoming transfers on our Proof of Reserve (POR) Dashboard using live UETR payment tracking provided by the originating bank. The Accountable dashboard reflects the same underlying progress, although updates may appear with a delay due to manual reconciliation processes. Once all funds have been received, they will be transferred to our OTC counterparties for the purchase of USDT0, following which the vault will be funded. During this stage, fund movements will continue to be visible through our Proof of Reserve (POR) system. However, these transactions will not be reflected on the Accountable dashboard, as OTC counterparties do not provide API connectivity or live reporting capabilities. As previously communicated, Altura is in the process of winding down its operations. Accordingly, our monthly service agreement with Accountable concludes on 17 July 2026, and both parties have mutually agreed to terminate the engagement at the end of the current billing cycle. We would like to make it clear that this decision is solely a consequence of the company's wind-down process. Throughout our relationship, we have maintained a positive working relationship with Accountable and all of our other service providers, and there have been no operational issues leading to this decision. Our own Proof of Reserve (POR) platform will remain operational and will continue to provide real-time updates throughout the remainder of the redemption process. Based on the current timetable provided by Inessa, we anticipate receiving the remaining funds on or before 23 July 2026. Once these funds have been received and reconciled, we will provide a further update regarding the OTC settlement process, which we expect to be completed promptly thereafter. As always, we appreciate your continued patience and support. We remain committed to providing transparent and timely updates as we progress through each stage of the wind-down and redemption process.