If any federal court rules that Visa Inc. violated Section 1 or Section 2 of the Sherman Act on any claim for relief asserted by the United States in United States v. Visa Inc., No. 1:24-cv-07214 (S.D.N.Y.), or any appeal of that action before Jan 1, 2030, then the market resolves to Yes.

Liability on any one of the four claims for relief the United States pleaded is enough, and partial liability counts. An order that only sets or modifies a remedy does not qualify unless it also carries the liability holding. The ruling must: Be issued by a federal court in United States v. Visa Inc., No. 1:24-cv-07214 (S.D.N.Y.), or any appeal of that action Address the matter described by the specified judgment Be issued through a written order, opinion, judgment, or decision The following do NOT satisfy the Payout Criterion: The June 23, 2025 order denying Visa's motion to dismiss, or any later ruling on a motion to dismiss A consent decree, settlement, or voluntary dismissal, including a consent decree entered by the court A ruling in any other Visa antitrust matter, including the payment card interchange fee litigation Oral rulings from the bench unless reduced to a written order Tentative rulings that are not made final Administrative or scheduling orders

Series KXVISADEBIT-DOJ30 Event KXVISADEBIT-DOJ30 Market KXVISADEBIT-DOJ30