Company: GSUI
Filing Date: 2025-12-05
Form Type: S-1
Source: 0001193125-25-309828
Chunk: 268

Company: Grayscale Sui Trust (SUI)
Filing Date: 2025-12-05
Form: S-1
Chunk 268
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 Notes to Financial Statements                                                                                                           | F-19 |

<div align='center'>F-1</div>

GRAYSCALE SUI TRUST (SUI) STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) (Amounts in thousands, except Share and per Share amounts)

|                                                                                                                        |     |   | September 30, 2025 |     |   | December 31, 2024 |
|:-----------------------------------------------------------------------------------------------------------------------|:----|:--|-------------------:|:----|:--|------------------:|
| Assets:                                                                                                                |     |   |                    |     |   |                   |
| Investment in SUI, at fair value (cost $7,971 and $7,679 as of September 30, 2025 and December 31, 2024, respectively) |     | $ |             10,103 |     | $ |            12,635 |
| Total assets                                                                                                           |     | $ |             10,103 |     | $ |            12,635 |
| Liabilities:                                                                                                           |     |   |                    |     |   |                   |
| Sponsor’s Fee payable, related party                                                                                   |     | $ |                  - |     | $ |                 - |
| Total liabilities                                                                                                      |     |   |                  - |     |   |                 - |
| Net assets                                                                                                             |     | $ |             10,103 |     | $ |            12,635 |
| Shares issued and outstanding, no par value (unlimited Shares authorized)                                              |     |   |            212,700 |     |   |           204,100 |
| Principal Market NAV per Share                                                                                         |     | $ |              47.50 |     | $ |             61.90 |

See accompanying notes to the unaudited financial statements.

<div align='center'>F-2</div>

GRAYSCALE SUI TRUST (SUI) SCHEDULES OF INVESTMENT (UNAUDITED) (Amounts in thousands, except quantity of SUI and percentages)

| September 30, 2025 |     |                 |                    |     |      |       |     |            |        |     |          |     |   |
|:-------------------|:----|:----------------|-------------------:|:----|:-----|------:|:----|:-----------|-------:|:----|:---------|----:|:--|