Huobi to Support GVR Rebrand to GRV

Dear Huobi Users,

Huobi will be supporting the rebranding of GVR（GroveToken） to GRV（GroveCoin） with the following arrangements:

• We have already suspended the withdrawals and deposits of token GVR.
• Disabling of all GVR spot trading pairs and cancellation of all pending GVR orders (GVR/USDT) will take place at 03:00 (UTC) on Jan 6, 2023.
• Snapshots of users' positions will be taken at 16:00 (UTC) on Jan 6, 2023, after all orders are canceled. Users' GVR will be converted to GRV on a 1,000,000,000：1 basis.
• Resumption of deposits, withdrawals, and trading of GRV will be subsequently announced, please stay tuned.

Please Note:

1. The system will cancel GVR orders at the specified time and return the assets involved to your Exchange account automatically, please cancel all pending orders before 03:00 (UTC) on Jan 6, 2023 to avoid any risks.
2. The system will suspend the display of GVR price once trading has been disabled. GVR will be excluded from the calculation of users' total balance, and your actual holdings will not be affected.
3. Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.
4. Anything contained in any of Huobi promotions, announcements, banners, or other publications (hereinafter referred to as "Promotion") is for information purposes only and should not be construed as trading advice or recommendations. Huobi makes no representations or guarantees in respect of any Promotion or any activity on Huobi conducted by users as a Promotion is carried out at their own risk. Huobi shall not be liable for any losses users may incur from such activities.

Huobi

January 6, 2023