Richard

On Industry Competition and Talent Policy: Recently, we’ve noticed that a certain competitor, “BN,” has been enthusiastically firing tempting “sugar-coated bullets” at OKX employees. We fully understand that this is part of normal business competition — and as always, OKX would like to respond with professionalism, not theatrics. 1. OKX’s Competitive Offer Policy Whenever an OKX employee receives an external offer, they only need to share it with HR. HR will immediately convene the company’s Talent Committee for evaluation. For most key talents, OKX will instantly match or exceed the competing offer with a more attractive compensation package. If the committee decides not to match, we still appreciate the employee’s transparency and integrity — and provide generous severance and our sincere best wishes. Mutual respect and openness are the foundation of trust between OKX and its people. 2. The “Use-and-Discard” Hiring Pattern at Our Competitor We’ve also observed a recurring trend at our competitor: short-term exploitation followed by quick dismissal. • The protagonist of the so-called “open letter” incident, Gala, was reportedly poached by the competitor’s founder himself — only to be dropped once deemed of no further use. • A former OKX DEX product manager was hired and then terminated shortly after due to “performance.” • OKX’s former Chief Legal and Compliance Officer joined the competitor and departed within only four months, for reasons unknown. These are not isolated cases — they are patterns. Such “hire fast, discard faster” behavior reflects short-term thinking and a lack of genuine respect for people. 3. Facts Speak Louder Than Smears It’s amusing that the same competitor’s founder loves to claim that OKX “treats employees poorly.” In reality, OKX invests heavily in its people — offering industry-leading salaries, bonuses, stock options, and long-term token incentives. Nearly a hundred former senior and mid-level managers from that very competitor have voluntarily joined OKX. They have flourished here, performing exceptionally well — with individual compensation increasing by 100% to 500%. Facts, as always, speak louder than words. 4. An Open Invitation to Real Builders We warmly welcome all like-minded blockchain professionals: If you have a long-term vision, solid expertise, dislike office politics and family-run hierarchies, and value integrity and professionalism — OKX is the place for you. We provide a world-class platform, resources, and rewards for true builders to reach their full potential. For current OKX employees — if you receive a “sugar-coated bullet,” simply refer to our competitive offer policy. If you’re driven only by short-term gains, enjoy internal politics, or view users as “exit liquidity,” then perhaps our competitor suits you better. We still wish you well — and are even happy to provide free legal assistance for your onboarding negotiations. At OKX, we believe real competition is not about poaching or propaganda — it’s about long-term building, professionalism, and respect for users and talent alike. We win through strength, culture, and trust — not noise.

During his tenure, Felix Fan, spokesperson of X Layer, engaged in activities that created a conflict of interest with the company. Such conduct violated both his employment contract and the company’s professional code of ethics. After careful consideration, the company has decided to remove Felix Fan from his position as X Layer spokesperson with immediate effect. Effective from the time of this announcement, any statements or actions by Felix Fan shall not be deemed to represent X Layer. The company will handle all related matters in accordance with applicable laws and regulations.