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Galaxy Digital Board/Management Information 2021

Apr 6, 2021

45785_rns_2021-04-06_a6e5345a-7cec-4e8a-912c-d9c6e808875a.pdf

Board/Management Information

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FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1: Name and Address of Company

Galaxy Digital Holdings Ltd. (the “ Company ”) PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands

Item 2:

Date of Material Change

April 1, 2021

Item 3: News Release

A news release announcing the material change referred to in this report was disseminated by the Company on March 30, 2021 through CNW Group and a copy was subsequently filed on the System for Electronic Document Analysis and Retrieval (SEDAR).

  • Item 4: Summary of Material Change

The Company announced that it has appointed Alex Ioffe as its new Chief Financial Officer, effective April 1, 2021.

  • Item 5: Full Description of Material Change

The Company announced that it has appointed Alex Ioffe as its new Chief Financial Officer, effective April 1, 2021.

Mr. Ioffe was most recently the Chief Financial Officer of Virtu Financial and prior to that spent over 15 years as the Chief Financial Officer for the brokerage business at Interactive Brokers. Mr. Ioffe is taking over the role from Ashwin Prithipaul.

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7: Omitted Information

Not applicable.

Item 8: Executive Officer

For further information please contact: Chris Ferraro Co-President (212) 390-9216

Item 9: Date of Report

April 6, 2021.

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