Coinbase Appoints New Director Anthony Armstrong

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announced the appointment of Anthony Armstrong as a new director to its Board of Directors, effective immediately. The Board, following a recommendation by the Nominating and Corporate Governance Committee, increased its size from nine to ten directors. Mr. Armstrong will serve until the earliest to occur of the Company's 2027 annual meeting of shareholders and until his successor is elected and qualified, or until his earlier death, resignation, disqualification, or removal. He will also serve on the Board's Audit and Compliance Committee. His compensation will be as provided under the Company's non-employee director compensation program.

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About Coinbase Global Inc.

Coinbase Global Inc. is a financial technology company specializing in cryptocurrency exchange operations. Established in 2012 and headquartered in San Francisco, it has become a pivotal platform for buying, selling, and managing cryptocurrencies, serving both individual retail clients and professional institutions. Coinbase supports a wide range of digital assets, including Bitcoin, Ethereum, and numerous altcoins, providing users with a secure and user-friendly interface to manage their digital portfolios. The company plays a significant role in the burgeoning cryptocurrency industry, acting as a bridge between traditional financial markets and the decentralized digital asset space. Coinbase has been at the forefront of regulatory compliance and security in the cryptocurrency exchange industry, striving to uphold high standards to ensure investor trust. It also offers additional services like staking, custodial services, and educational resources, enhancing its ecosystem for all levels of cryptocurrency users. As a publicly traded company, Coinbase Global Inc. is an influential entity in shaping the landscape of digital finance and promoting the adoption of blockchain technologies globally.