Galaxy Digital — Audit Report / Information 2021

Aug 16, 2021

GALAXY DIGITAL HOLDINGS LTD. NOTICE OF CHANGE OF AUDITOR

(National Instrument 51-102 – Continuous Disclosure Obligations )

TO: Ontario Securities Commission British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan Manitoba Securities Commission Autorité des marchés financiers Financial and Consumer Services Commission (New Brunswick) Nova Scotia Securities Commission Office of the Superintendent of Securities, Service Newfoundland and Labrador Office of Superintendent of Securities, Government of Prince Edward Island Office of Superintendent of Securities, Northwest Territories Office of the Yukon Superintendent of Securities Nunavut Securities Office

AND TO: Davidson & Company LLP (“ Davidson ”) KPMG LLP (“ KPMG ”) RE: Notice Regarding Change of Auditor Pursuant to Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations (“ NI 51-102 ”)

Notice is hereby given of a change of the auditor of Galaxy Digital Holdings Ltd. (the “ Company ”) pursuant to section 4.11 of NI 51-102.

1. Effective August 13, 2021 (the “ Effective Date ”), Davidson, at the request of the Company, has resigned as auditors of the Company and KPMG has been appointed as auditors of the Company to fill the vacancy.

2. The resignation of Davidson and appointment of KPMG were considered and approved by the Company's Board of Directors. The Company will ask that the shareholders of the Company ratify the appointment of KPMG at the next annual general meeting of the shareholders of the Company.

3. There have been no modified opinions in Davidson’s reports for the Company’s two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding the Effective Date.

4. There were no reportable events (as defined in NI 51-102) in connection with the audits for the period commencing at the beginning of the Company’s two most recently completed financial years and ending on the Effective Date.

DATED the 16th day of August, 2021.

GALAXY DIGITAL HOLDINGS LTD.

/s/ Alex Ioffe by Alex Ioffe Chief Financial Officer