Meeting Disclosure:

1. Voting on the election plan of the Foundation Council: Confirmation of the basic organizational structure and election plan of the Foundation Council, and confirmation of the implementation plan of the SC DAO program.

Resolutions of the Board Meeting:

(1) To elect a president and an honorary president of the board of directors, who will be elected through a differential candidate recommended by the foundation, and to complete the recommendation by 630

(2) To elect an executive vice president, who will be responsible for the daily work of the Council

(3) Election of 5 members of the Executive Committee, the Chairman and the Executive Vice Chairman will be automatically elected, the Foundation will recommend 1 member, the project side will recommend 1 member and the service organization will recommend 1 member.

The above election will be held at the second council meeting to confirm the implementation plan of the SC DAO program.

(1) The existing DAO model does not solve the problem of execution and efficiency, but the new SC DAO model must be explored and developed.

(2) A bonus of up to 2% of the SC DAO development and operation will be set from the user incentive program administered by the SC Foundation

(3) SCDAO is required to be able to operate independently from the Board of Directors

(4) Jointly form the foundation management system

(5) 50% of the votes of the Council and 50% of the votes of the SCDAO in significant decisions;

(6) The Council acts as the executive house of the Foundation and acts as the management and executive body

(7) SCDAO as the Foundation's Community House, as a proposing and advisory body (based on SC DAO principles)

(8) The first 20% reward fund will be allocated to the independent multi-signature wallet on July 1, and will be announced and recruited on the SC Foundation website.

2. Whether to start the audit node voting: according to the roadmap will be SC Foundation will put 5% of the 15% token attributed to the SC project side into the condominium multi-signature wallet and lock the position for two years; the SC project side will implement manual + decentralized certification qualification audit (various institutions, legal persons and stem cell service providers).

Meeting resolutions:

(1) passed unanimously, agreed to start the audit node, and the project side token payment of 5%, a total of 250 million token, for pledging

(2) to start no later than 630 days before

3. whether to develop the SCT DEFI model: DEFI start-up funding is initiated by the audit node pledge funds, and the interest earned by the audit node is credited to the pledge public interest pool;

Meeting resolutions:

(1) Most participants agreed to develop and implement

(2) For the pledged interest generated after the launch of the distribution plan was not adopted, the project side did not agree to pay all into the public interest pool

(3) but DEFI model development and operation will be supported by the project side commitment

4. The first batch of medical institution certification: voting on the certification of seven stem cell service providers in Japan, Korea, and other countries.

Meeting resolutions:

(1) 2 Japanese medical institutions will be audited and approved, and will be online on the SC platform before July 31, and will use the SC pledge model to initiate their entry

(2) Minimum deposit of 1,000,000 SCT will be used for the registration

(3) Phase I adopts the e-commerce model, and the audit node will provide prior compensation to users

5. Automatic add-on agreement extension vote: disagree, agree to 300 days, 600 days, 900 days, four votes, that is, the automatic add-on agreement originally scheduled to start in August, to extend the start time;

Meeting resolution: the majority of participants to notify the 300-day extension program

6. agent incentive policy vote: maintain status quo (1x), increase 1x (2x), increase 2x (4x), supported by SC Foundation user incentive pool

Meeting resolutions: passed unanimously

7. Voting on APP registration incentive policy: maintain the status quo (1x), increase 1x (2x), increase 2x (4x), supported by SC Foundation user incentive pool

Meeting resolutions:: Passed by unanimous vote

8. Voting on consumption incentive policy: maintain status quo (1x), increase 1x (2x), increase 2x (4x), supported by SC Foundation user incentive pool

Meeting resolution: passed unanimously

9. SC OP2.0 launch date: originally planned for August 30, June 30, and July 30, the main service providers put forward strong demand for community e-commerce features, requiring increased development costs and personnel

Meeting resolutions:: passed unanimously to request to go online on June 30 at the latest