/ DISREGARD RELEASE: Pharos Network/

Pharos Network New York Hong Kong

We are advised by Pharos Network that journalists and other readers should disregard the news release, "Pharos Network Unveils High-Performance Layer 1 Testnet to Unlock RWA Adoption", issued 07-May-2025 by Pharos Network over PR Newswire, as the release contained erroneous information. Pharos Network said a revised release will be issued on a later date.