Stablecoin Development Corporation (SDEV) investor relations material

Company overview and business model

• Operates as an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems, with initial emphasis on the Sky Protocol and its governance token, SKY.

• Seeks to provide public market access to the stablecoin economy and generate protocol-level economic exposure through staking and on-chain activities.

• As of June 30, 2026, held 2,286,511,374 SKY tokens, about 10% of SKY's total supply, actively participating in Sky Protocol governance.

• Changed name from NovaBay Pharmaceuticals, Inc. to Stablecoin Development Corporation and effected a 1-for-5 reverse stock split in early 2026.

Financial performance and metrics

• Raised approximately $134 million in the January 2026 private placement, with $25 million in cash and $109 million in SKY tokens and stablecoins.

• As of July 27, 2026, had 50,615,437 shares of common stock outstanding.

Use of proceeds and capital allocation

• Proceeds from warrant exercises (if exercised for cash) will be used for general corporate purposes, including acquiring additional digital assets.

• Multi-year capital allocation strategy targets acquiring and holding revenue-generating digital assets consistent with the company's risk framework.