On May 11, 2023, Silvergate was notified that the NYSE has commenced proceedings to delist the Company’s common and preferred shares. Trading in Silvergate’s securities on the NYSE has been suspended. As of May 12, 2023, it may be possible to trade the Company’s securities on the OTC Experts Market; however, the Company makes no recommendation as to the advisability of any such trading. Please contact your broker for more information.