State of Delaware
Secretary of State
Division of Corporations

CERTIFICATE OF INCORPORATION Delivered 05:25 PM 11/15/2018
FILED 05:25 PM 11/15/2018

SR 20187672465 - FileNumber 7149936
OF

KALSHI INC.

ARTICLE I
The name of the corporation is Kalshi Inc. (the “Corporation”.
ARTICLE IT

The address of the Corporation’s registered office in the State of Delaware is 251 Little
Falls Drive, Wilmington, New Castle County, Delaware 19808-1674. The name of its registered
agent at such address is The Company Corporation.

ARTICLE I

The purpose of the Corporation is to engage in any lawful act or activity for which
corporations may be organized under the Delaware General Corporation Law.

ARTICLE IV

The aggregate number of shares which the Corporation shall have authority to issue is
10,000,000 shares of capital stock all of which shall be designated “Common Stock” and have a
par value of $0.00001 per share.

ARTICLE V

The business and affairs of the Corporation shall be managed by or under the direction of
the Board of Directors. Elections of directors need not be by written ballot unless otherwise
provided in the Bylaws of the Corporation. In furtherance of and not in limitation of the powers
conferred by the laws of the state of Delaware, the Board of Directors of the Corporation is
expressly authorized to make, amend or repeal Bylaws of the Corporation.

ARTICLE VI

(A) _ To the fullest extent permitted by the Delaware General Corporation Law, as the
same exists or as may hereafter be amended, a director of the Corporation shall not be personally
liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as
a director.

(B) The Corporation shall indemnify to the fullest extent permitted by law any person
made or threatened to be made a party to an action or proceeding, whether criminal, civil,
administrative or investigative, by reason of the fact that he, his testator or intestate is or was a
director or officer of the Corporation or any predecessor of the Corporation, or serves or served
at any other enterprise as a director or officer at the request of the Corporation or any
predecessor to the Corporation.


(C) Neither any amendment nor repeal of this Article VI, nor the adoption of any
provision of the Corporation’s Certificate of Incorporation inconsistent with this Article VI, shall
eliminate or reduce the effect of this Article VI in respect of any matter occurring, or any action
or proceeding accruing or arising or that, but for this Article VI, would accrue or arise, prior to
such amendment, repeal or adoption of an inconsistent provision.

ARTICLE VIE

Unless the Corporation consents in writing to the selection of an alternative forum, the
Court of Chancery of the State of Delaware shall be the sole and exclusive forum for (A) any
derivative action or proceeding brought on behalf of the Corporation, (B) any action or
proceeding asserting a claim of breach of a fiduciary duty owed by any director, officer,
employee or agent of the Corporation to the Corporation or the Corporation’s stockholders, (C)
any action or proceeding asserting a claim against the Corporation arising pursuant to any
provision of the Delaware General Corporation Law or the Corporation’s Certificate of
Incorporation or Bylaws, or (D) any action or proceeding asserting a claim governed by the
internal affairs doctrine, in each case subject to said Court of Chancery having personal
jurisdiction over the indispensable parties named as defendants therein.

ARTICLE VIII
The name and mailing address of the incorporator are as follows:

Tarek Mansour
350 Third Street
Cambridge, MA 02142

Executed on November 15, 2018.

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Carckh Mansour

Tarek Mansour, Incorporator