This treasury withdrawal funds Cardano Summit 2025 and regional tech events which will provide the following services:

The Cardano Summit 2025 is a strategic initiative, spearheaded by the Cardano Foundation and fortified by regional ecosystem partners (EMURGO, Rare Evo, Wada, Catalyst Africa Town Hall, Ada Solar), to accelerate the global adoption of Cardano technology. Each partner will command the execution of a regionally focused Cardano Summit Event. While each maintains regional autonomy, all six entities will synergize in the events' development. The core ethos and driving benefits of the Cardano Summit are:

• Simplify developer onboarding through targeted Cardano Dev Days events globally.

• Drive adoption through targeted education for first-time and novice users, unlocking Cardano's potential for all.

• Showcase tangible impact of real-world use cases, capturing mainstream attention and demonstrating Cardano's value.

• Forge powerful collaborations between developers, entrepreneurs, users, enterprises and regulators.

• Strategize and solve scaling and interoperability challenges, securing future scalability.

• Attract capital, talent, and media, securing vital resources for the growth of Cardano as a leading L1.

• Ignite innovation & celebrate success: Rally the community, celebrate achievements, and build unstoppable momentum.

This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.