Notice of REP and REPV2 Migration to AUGUR

• Following Augur's protocol fork, REP and REPV2 are migrating into a new token listed on Kraken as AUGUR.
• Kraken is handling the migration on your behalf. No action is required from you.
• The migration is 1:1 for both REP and REPV2.
• Your balance will not be affected.
• Funding (deposits and withdrawals) and trading will be paused for REP and REPV2 during the migration.
• REP and REPV2 will be delisted. Funding and trading will not reopen for them.
• AUGUR is expected to be credited by end of day July 31, 2026, with funding and trading enabled (see the EEA and Canada exception below).
• Clients in the EEA and Canada: AUGUR will be credited 1:1, but only withdrawals will be enabled. Trading and deposits will not open. See below for details.

Augur has undergone a protocol fork, which splits the network into separate universes. Kraken is migrating custodial REP and REPV2 balances into the surviving ("yes" / Artemis II) universe on behalf of clients. The resulting token will be listed on Kraken as AUGUR, and the migration is 1:1 for both REP and REPV2.

You do not need to do anything. If you hold REP or REPV2 on Kraken, the migration is handled for you.

You may have seen messaging that REP holders must migrate their own tokens or risk losing them. That applies to REP held in personal wallets. For REP and REPV2 held on Kraken, Kraken completes the migration for you, so there is no need to withdraw your tokens to migrate them yourself.

Here is what to expect at each stage:

July 24, 2026 at 14:00 UTC: Funding (deposits and withdrawals) and trading are paused for REP and REPV2.

July 27 to July 31, 2026: Migration window. REP and REPV2 are migrated to AUGUR.

By end of day July 31, 2026: AUGUR is credited, and funding and trading are enabled for AUGUR (see the EEA and Canada exception below). REP and REPV2 remain delisted.

You do not need to do anything to complete this migration. Kraken will update your account automatically during the migration window.

After the migration, your REP and REPV2 balances will be converted to AUGUR at a 1:1 rate. REP and REPV2 will be delisted and will no longer be supported on Kraken. Funding and trading for REP and REPV2 will not reopen.

If you are a client in the European Economic Area (EEA) or Canada, AUGUR will be subject to a restriction after the migration.

AUGUR does not currently have a MiCA whitepaper on file, which Kraken requires in order to list a token in the EEA. Kraken's Canada trades route through the same legal entity, so Canada is included in this restriction. Clients in the EEA and Canada who currently hold REP or REPV2 were previously grandfathered in, but the migration triggers a re-review, and without a MiCA whitepaper Kraken cannot fully list AUGUR for these clients.

For clients in the EEA and Canada:

• The migration will still be performed, and AUGUR will be credited 1:1.
• Only withdrawals will be enabled for AUGUR. Trading and deposits will not open.
• This remains the case for the time being. Kraken may open trading and deposits for these clients later if Augur files a MiCA whitepaper.

No. Kraken handles the entire migration on your behalf. Your balance will be updated automatically.

No. The migration is 1:1 for both REP and REPV2, so the amount carries over to AUGUR.

No. Both funding (deposits and withdrawals) and trading are paused for REP and REPV2 from July 24 at 14:00 UTC.

REP and REPV2 will be delisted. Funding and trading will not reopen for them.

AUGUR is expected to be credited by end of day July 31, 2026, with funding and trading enabled.

AUGUR will be credited to your account 1:1, but only withdrawals will be enabled. Trading and deposits will not open. This may change if Augur files a MiCA whitepaper.