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**The claim that some Currence clients’ personal savings rate can be up to 6x the national average is based on a comparison between the average personal savings rate of certain Currence clients meeting specific criteria and the national average personal savings rate as reported by the Federal Reserve Economic Data (FRED) site.

National Average Personal Savings Rate: According to the FRED data, the national average personal saving rate as of Mar 2025 is 4.3%. This rate is calculated as the ratio of personal saving to disposable personal income (DPI), where personal saving is defined as personal income less personal outlays and personal taxes.

Currence Personal Savings Rate: The personal savings rate for Currence clients is calculated as the ratio of net cashflow to inflows, where net cash flow is defined as inflows (i.e. salary, bonus, dividends, or other income) less outflows (i.e. mortgage, utility bills, other expenses) across a sample that includes clients who have been actively using the platform more than 365 days as of November 14, 2024, and have annual inflows greater than $40,000 (32% of all Currence users). This group of Currence clients have an average personal savings rate that is 23.6% as of November 14, 2024.

Individual results may vary. The personal savings rate for each client depends on various factors including but not limited to income, spending habits, and financial goals. The comparison highlights the significant savings advantage experienced by Currence clients relative to the national average, but it does not guarantee similar results for every individual.

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