Regarding Japanese exchanges: They have agreed to claim and distribute Spark (FLR) to their XRP holding clients should the JVCEA approve the listing of FLR on each exchange before 12th June
2023. Regarding Songbird (SGB), should the JVCEA approve the listing of FLR on each exchange, the Flare Foundation will distribute both FLR and SGB to that exchange. The subsequent handling of
SGB will be decided by each exchange in accordance with relevant regulations and policies. In the case that distribution of FLR to users by an exchange is not possible due to unforeseeable
circumstances, FLR and SGB will not be distributed to that exchange.