Strategic Governance Move: FG Nexus Elevates Financial Services Veteran to Lead Independent Director

Charlotte, NC, December 8, 2025 — In a significant governance enhancement, FG Nexus Inc. (Nasdaq: FGNX, FGNXP) has elevated Scott D. Wollney to the position of Lead Independent Director, recognizing his extensive expertise and decade-long contribution to the board. This appointment underscores the company’s commitment to robust oversight as it pursues ambitious digital asset and tokenization initiatives.

Background on the Appointee

Wollney brings over three decades of experience in the financial services sector, currently serving as President, Chief Executive Officer, and Director of Atlas Financial Holdings, Inc., a specialty commercial insurance holding company. His track record in navigating complex financial landscapes and managing institutional operations positions him as a strategic asset for FG Nexus during a pivotal growth phase.

Educationally, Wollney holds an MBA from Northwestern University’s Kellogg School of Management with a specialization in finance and management strategy, complemented by a Bachelor of Arts degree from the University of Illinois. For the past 10 years, he has been instrumental in the company’s governance structure, currently chairing the Audit Committee and participating in the Compensation & Management Resources Committee.

Expanded Role and Strategic Significance

As Lead Independent Director, Scott Wollney will enhance board independence and provide strategic guidance as FG Nexus continues executing its digital asset treasury roadmap. Kyle Cerminara, Chairman & CEO of FG Nexus, emphasized that “Wollney’s profound knowledge of our business model, coupled with his financial services acumen, uniquely qualifies him to lead independent governance.” His elevated role comes as the company intensifies efforts around ETH treasury management and yield optimization strategies.

FG Nexus Mission and Strategy

FG Nexus is positioning itself as a leading platform for building digital asset treasuries and enabling real-world asset tokenization. The company is implementing a multi-pronged approach: staking ETH holdings to generate yield, deploying additional yield-enhancement strategies, and establishing itself as a gateway into digital-asset-powered finance. This includes tokenized RWAs and stablecoin-based yield solutions—areas where experienced governance oversight proves invaluable.

Forward-Looking Considerations

The company acknowledges inherent risks in its strategic initiatives, including ETH price volatility, regulatory uncertainties around cryptocurrency, shifts in accounting standards, and execution risks in implementing its asset management strategy. While these forward-looking statements reflect management’s current expectations, actual outcomes may differ materially based on market conditions, regulatory developments, and operational execution challenges.

For more information: Investor Relations: invest@fgnexus.io Media Relations: media@fgnexus.io

FG Nexus (Nasdaq: FGNX, FGNXP) — Building the future of tokenized finance through strategic digital asset management.