A.2 - The Support Scope

The Policyholder is a specialized Ecosystem Actor in charge of executing agreements with external entities with the exclusive purpose of structuring and transferring risk to third parties through instruments such as insurances, reinsurances, mutuals, or other types of arrangements. These instruments will provide extended risk coverage for participants of the Sky Ecosystem and Stars.The object of the Policyholder is to• Act as a legal counterparty with insurance brokers, insurance, reinsurance, underwriters, or risk management companies.• Act as a policyholder of insurance contracts, which will have as beneficiaries participants of the Sky Ecosystem.• Hire suppliers and contractors necessary for the operation of self-insurance or insurance instruments, such as ◦ The Resilience Technical Committee for claim management ◦ Managers, Directors, and other executive staff of the legal vehicle. The power of directors will be limited to administrative and operative roles.Sky Governance will have all necessary control mechanisms over the Policyholder:• Sky Governance can designate and remove Directors, Supervisor, and Committees• Sky Governance can instruct the entity to act and ratify decisions• Power of directors is limited to administrative/operative roles• The Policyholder will not manage Sky’s assets nor will be legally affiliated with Sky.The setup and operational budget of the legal vehicle will be sourced initially from the A.2.7.1.1.1.1.1 - Resilience Fund Current Budget. This is intended to move later to a separate budget.