b'Forging a Digital FutureSocGen FORGEOne of the first digital securities offeringsto U.S. institutional investorsWeadvisedSocitGnraleonitsfirstdigitalbondissuanceinthe United States, which was made using Broadridge Financial Solutions, Inc.stokenizationcapabilityontheCantonNetworkblockchain. The bonds were issued as security tokens registered by Socit Gnrale-FORGE (SG-FORGE), the subsidiary of Socit Gnrale dedicated to digital assets. Trading firm DRW purchased the bonds, which are short-term floating rate debt securities linked to SOFR.The issuance represents a pioneering digital securities offering to institutional investors in the United States. We advised on federal and state securities laws issues, banking law, broker-dealer regulatory matters, commodities issues, payments issues, and various implications of the new product. We also provided integrated tax advice. The bonds are the first securities to be tokenized using Broadridges newly launched tokenization capability. It enables firms to issue securi-ties in digital format, providing increased transparency and traceability, as well as improved velocity and settlement efficiency. Broadridge and SG-FORGE used IntellectEUs Catalyst Blockchain Manager to operate their nodes on the Canton Networks decentralized interoperability infra-structure, known as the Global Synchronizer. Collectively, these tools enabled Socit Gnrales inaugural U.S. tokenized bond issuance and opened the door to future opportunities for additional issuances and potentially other applications. This successful transaction in the U.S. mar-ket is a meaningful step toward future tokenized asset issuances, including structured products. 3'