SHF Holdings, Inc.

SHF provides compliant financial services to the legal cannabis, hemp, and related industries. Founded in 2015 by Partner Colorado Credit Union ("PCCU") and based in Golden, Colorado, SHF was an early provider of banking and lending services to cannabis related businesses ("CRBs"). The company enables financial institution customers to offer compliant banking, lending, and other financial services to CRBs. SHF provides compliance and loan origination services to financial institutions that want to offer business, private, and commercial banking services to clients in or adjacent to the state-legal cannabis industry. Through its proprietary technology platform, which operates across 41 states and territories, SHF enables financial institution customers to compliantly provide CRBs with services such as business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services (via third-party relationships), remote deposit services, Automatic Clearing House ("ACH") payments and origination, and wire payments. SHF's core services include regulatory compliance consulting and technology, which provides financial institution customers with tools and support for "Know Your Customer" ("KYC"), Anti-Money Laundering ("AML"), and Bank Secrecy Act ("BSA") compliance, primarily through its proprietary financial services platform. Specific compliance services include initial customer due diligence, customer application management, program management support, compliance monitoring, and regulatory examination assistance. The company also offers cannabis-related deposit services, where it originates, onboards, verifies, and services cannabis-related deposit business for financial institutions, primarily PCCU. These deposits are obligations solely of those institutions, as SHF is not a financial institution and does not hold customer deposits on its consolidated balance sheet.