Intercontinental Exchange, Inc. (ICE), a Delaware corporation, and its subsidiary Intercontinental Exchange Holdings, Inc. (ICEH), have jointly filed Amendment No. 5 to the Schedule 13D, reporting a significant ownership stake in Bakkt Holdings, Inc. As of July 6, 2024, ICE and ICEH collectively own 7,914,472 shares, representing 57.0% of the class, which includes both Class A and Class V common stock. This ownership percentage is based on the total number of shares outstanding as of May 8, 2024, as reported in Bakkt Holdings' Quarterly Report. The filing indicates that ICEH's voting power is limited to 30% due to a Voting Agreement, provided they and their affiliates own 50% or more of the total voting power of Bakkt Holdings. Additionally, the amendment reports that the Acquired Warrants became exercisable within 60 days as of the filing date, and therefore, ICE and ICEH are deemed to have beneficial ownership of the Class A Common Stock underlying the Acquired Warrants. No transactions in Class A or Class V Common Stock were reported by ICE or ICEH in the past 60 days.

Intercontinental Exchange, Inc. (ICE), a Delaware corporation, and its subsidiary Intercontinental Exchange Holdings, Inc. (ICEH), have jointly filed Amendment No. 5 to the Schedule 13D, reporting a significant ownership stake in Bakkt Holdings, Inc. As of July 6, 2024, ICE and ICEH collectively own 7,914,472 shares, representing 57.0% of the class, which includes both Class A and Class V common stock. This ownership percentage is based on the total number of shares outstanding as of May 8, 2024, as reported in Bakkt Holdings' Quarterly Report. The filing indicates that ICEH's voting power is limited to 30% due to a Voting Agreement, provided they and their affiliates own 50% or more of the total voting power of Bakkt Holdings. Additionally, the amendment reports that the Acquired Warrants became exercisable within 60 days as of the filing date, and therefore, ICE and ICEH are deemed to have beneficial ownership of the Class A Common Stock underlying the Acquired Warrants. No transactions in Class A or Class V Common Stock were reported by ICE or ICEH in the past 60 days.