INTER-COMPANY RELATIONSHIP

Trust Bitcoin follows a layered operating model:

1. Trust Bitcoin DAO LLC (USA) – Protocol governance and smart contracts
2. TBC Digital Labs FZCO (UAE) – Technical services, DLT support, platform operations
3. TBC Tech Community Ltd (BVI) – Treasury holding and international finance

Each entity operates independently within its licensed jurisdiction.

TBC Digital Labs FZCO does not conduct token sales, investment activities, or travel operations.