SPECIAL TERMS AND CONDITIONS – Promotion "XAU₮ Rewards"

The Developer launches the following promotion (the "Promotion"), which shall be subject to the following terms and conditions (the "Special Terms and Conditions"). These Special Terms and Conditions form part of the General Terms and Conditions of the Application, available at https://help.belo.app/es/articles/5362779-terminos-y-condiciones-generales, which are mandatory and binding, and which the participant declares to know and accept.

In the event of a conflict between the two instruments, these Special Terms and Conditions shall prevail in all matters relating to the Promotion. All capitalized terms not defined herein shall have the meaning given to them in the General Terms and Conditions.

Participation in the Promotion implies the express and irrevocable acceptance of these Special Terms and Conditions and of the General Terms and Conditions in their entirety.

The Promotion grants the User rewards in Tether Gold ("XAU₮"), which the Developer credits as a purely gratuitous act and for commercial promotion purposes, under two independent modalities: Modality A, for international transfers, governed by Clause 5; and Modality B, for referrals, governed by Clause 6. The User may participate in one or both modalities where they meet, in each case, the respective conditions.

The rewards do not constitute a refund of fees, a discount on the price of the service, a yield, interest or a consideration for holding funds, and they neither form part of nor modify the fee schedule in force, which is governed by the General Terms and Conditions and by the fee schedule reported in the Application. Likewise, the Promotion does not cover and does not modify the exchange-rate differentials or spreads applicable to conversion transactions, nor any costs, charges or expenses that third parties or external networks may charge.

The Promotion shall run from 00:00 on September 8, 2026 until 23:59 on December 8, 2026 inclusive (Argentine Republic time, UTC -3), (the "Promotional Period"). The Developer may extend the Promotional Period for one or more additional periods, communicating this through the usual channels before expiry. Upon expiry of the Promotional Period without extension, the benefit shall automatically cease to apply, with no need for prior notice.

Rewards credited by the Developer prior to the publication of these Special Terms and Conditions, under the same criteria and within the framework of this same Promotion, shall be deemed to be covered by it and require no ratification.

Each reward is expressed as a value of 1 USD₮. The amount of XAU₮ to be credited is determined at the time of crediting, by dividing that value by the XAU₮ reference price expressed in USD₮ and reported in the Application at that time, truncated to the eighth decimal place.

XAU₮ is a Virtual Asset whose value tracks the price of gold and may increase or decrease, so that the value of the reward received may differ from its value at the time it was credited. The Developer does not guarantee the value, price, liquidity or convertibility of the Virtual Asset, assumes no liability for the conduct of its issuer and does not provide financial, investment, accounting or tax advice.

Crediting takes place every day of the week, in XAU₮, to the relevant User’s wallet.

The determination and settlement of rewards are carried out on a daily basis. The crediting corresponding to one day creates no vested right or expectation of continuity with respect to subsequent days, nor does it oblige the Developer to maintain the amount of the rewards, the thresholds, the minimum deposits, the list of channels or eligible countries, the General Code or the Promotion itself. The Developer reserves the right to make any modification to that effect, at any time and at its sole discretion, with no need for notice or prior communication. Rewards accrued before the modification shall not be affected.

"Eligible Transaction" means a transfer of money ordered by the User through the Application and actually credited in favour of a recipient, where all of the following conditions are met: (i) the recipient has validated their identity in Colombia, Venezuela or Brazil, or in the Argentine Republic provided that their country of birth is other than Argentina; (ii) the recipient’s country of identity validation is different from the sending User’s country of identity validation; and (iii) the transfer is made by international withdrawal, by Pix, in its payment and payment-link forms, or by belotag.

The following do not qualify as Eligible Transactions and therefore generate no reward: (i) transfers made through channels other than those indicated; (ii) transfers between Belo Accounts of the same User or between Belo Accounts of different holders under common control, direction or benefit; (iii) transfers cancelled, rejected, reversed, returned or not credited to the recipient, for any reason and at any time; (iv) transfers forming part of a circular sequence of funds between the same parties or lacking economic substance of their own other than generating the reward; and (v) transfers split for the purpose of circumventing the limits of the Promotion.

The Developer shall keep, for each User, a running total of the aggregate amount of their Eligible Transactions during the Promotional Period, expressed in USD₮. For every 100 USD₮ accumulated, the User shall become entitled to a reward equivalent to 1 USD₮ in XAU₮. Any remainder that does not complete a multiple of 100 shall remain in the running total and shall count towards the next reward; upon expiry of the Promotional Period, the remainder shall be cancelled without generating any right, credit or compensation. Where the Eligible Transaction was made in a currency other than USD₮, its equivalent shall be determined at the reference exchange rate used by the Application at the time of the transaction.

If, after crediting, a transaction that had been counted is cancelled, reversed, returned or declared not credited, the Developer shall deduct the corresponding amount from the User’s running total and, if the reward has already been credited, may debit the equivalent of the reward unduly received, giving notice thereof. The debit shall be made against the amount of XAU₮ credited or, if there is insufficient balance in that Virtual Asset, against its equivalent in another Virtual Asset available in the Belo Account, at the reference exchange rate reported in the Application.

Participation is open to those who: (i) are natural persons of legal age, holding an activated and validated Belo Account; (ii) have accepted the General Terms and Conditions of the Application; and (iii) carry out at least one Eligible Transaction during the Promotional Period. The requirements must be met both at the time the Eligible Transaction is carried out and at the time the reward is credited.

The recipient of the transfer is not a party to the Promotion, acquires no right under these Special Terms and Conditions and receives no reward by virtue of being the recipient. The reward is granted exclusively to the sending User. Eligibility of each transaction is determined by the Developer using the identity validation and transaction information already in its possession; the Developer does not disclose to the sending User the recipient’s identity validation information, and the User is not required to declare the recipient’s nationality or country for the purposes of the Promotion.

"Referrer" means the User who shares their personal invitation link to the Application; "Referred User" means the natural person who opens a Belo Account for the first time using a Referrer’s personal link or the General Code, having never previously held a Belo Account; and "General Code" means the code "Oro", publicly circulated, which allows a person to register as a Referred User where no individually identifiable Referrer exists.

Where the requirements of this Clause are concurrently met, the Developer shall credit a reward equivalent to 1 USD₮ in XAU₮ in favour of the Referrer and another of the same amount in favour of the Referred User. Registration through the General Code generates a single reward, of 1 USD₮ in XAU₮, in favour of the person registering, provided that the requirements applicable to the Referred User are met; the General Code may not be combined with a Referrer’s personal link, so that if registration is made using the General Code, no Referrer is attributed.

The reward is determined on the date on which the last of the requirements of this Clause is met, and the status of the Belo Accounts of the Referrer and of the Referred User is assessed as at that date. If, between the date of determination and the date of crediting, either of them ceases to hold an activated and validated Belo Account, crediting of the reward corresponding to the affected party shall be suspended until the situation is remedied, and shall lapse ninety calendar days after the date of determination if it has not been remedied by then. Suspension or lapse of one party’s reward does not affect the other’s.

Participation creates no employment, corporate, agency, mandate or representation relationship between the Referrer and the Developer, nor does it entitle the Referrer to act, contract, collect sums or assume obligations on behalf of the Developer, or to hold themselves out as its representative or intermediary. The Referrer must share their personal link by lawful means and without misleading as to the nature of the Promotion, the services of the Application or the existence of guaranteed yields or results; the sending of unsolicited communications, the use of the link on websites with unlawful content, the purchase of traffic or registrations, and the use of the Developer’s or third parties’ trademarks without written authorization are prohibited.

Participation is open to those who: (i) are natural persons of legal age, holding an activated and validated Belo Account; and (ii) have accepted the General Terms and Conditions of the Application.

The Referred User must additionally: (i) have opened their first Belo Account through a Referrer’s personal link or the General Code; (ii) have validated their identity in Colombia, Venezuela or Brazil, or in the Argentine Republic provided that their country of birth is other than Argentina; and (iii) validate their identity and credit funds to their Belo Account for a value equal to or greater than 5 USD₮, both within thirty calendar days from registration. If that period expires without both conditions having been met, the registration generates no reward, either in favour of the Referred User or of the Referrer, and the period may not be extended. The Referrer is not required to reside in or hold the nationality of any particular country.

The Promotion has a specified fund. Once the fund is exhausted, the Promotion shall automatically terminate as from the following day, and communication through the usual channels shall not be a condition for such termination to take effect. Exhaustion of the fund shall not affect rewards accrued up to that time, which shall not accumulate or give rise to any right to credit, compensation or claim in respect of the excess.

Participation is not open to those whose Belo Account is suspended, paused, blocked for regulatory compliance or other reasons, subject to pending identity re-verification or being closed, nor to employees of the Developer or of its group companies, nor to their immediate family members. Ceasing to meet any of the requirements shall not cause the User to lose rewards already credited. If, at the time of crediting, the Belo Account is paused, subject to pending identity re-verification or blocked for regulatory compliance reasons, crediting shall be suspended until the situation is remedied and shall lapse ninety calendar days after the right was generated if it has not been remedied by then.

The following do not participate in the Promotion, and the Developer may refuse or suspend crediting and debit rewards already credited, in respect of those who engage in any of the following conduct: (i) using more than one Belo Account, whether their own or third-party accounts under common control or benefit, in order to multiply the rewards or circumvent the limits of the Promotion; (ii) self-referral, meaning the registration of a Belo Account by a person who already holds another, or the use of third-party identity data; (iii) a match of device, IP address, payment method, contact details or other technical indicators between Referrer and Referred User, where this gives rise to reasonable indications that they are not independent persons; (iv) making transfers in circular sequences between the same parties, or systematically splitting transfers, where the only reasonable purpose is to capture the reward; (v) mass or coordinated registration of Belo Accounts whose reasonable purpose is to generate rewards rather than genuine use of the Application’s services, including engaging or paying third parties to register; (vi) the crediting of the 5 USD₮ followed by their immediate withdrawal in a pattern revealing that the deposit was made solely in order to qualify; (vii) using the Application predominantly to capture price or exchange-rate differences against third parties, with no associated activity of their own; or (viii) breach of the Application’s terms of use, of the applicable anti-money-laundering and counter-terrorist-financing rules or of the identity validation procedures.

Under Modality B, the power to debit rewards already credited may be exercised within one hundred and eighty calendar days of crediting. The Developer applies internal fraud and promotional abuse prevention procedures to identify the conduct described, and is not obliged to disclose its detection methodology; the User may request a review of the decision through the Application’s customer service channels. The debit shall be made against the amount of XAU₮ credited or, if there is insufficient balance in that Virtual Asset, against its equivalent in another Virtual Asset available in the Belo Account, at the reference exchange rate reported in the Application. The Developer may also correct material errors of calculation or crediting, debiting or crediting the difference and giving notice thereof. The exercise of these powers is limited to the amount of the reward and to participation in the Promotion, and does not affect the User’s own funds or the other services contracted.

The Developer may modify, suspend or discontinue the Promotion under the terms of Clause 4, in whole or in part and with respect to one or both modalities, one or more transfer channels, eligible countries or participation channels, for reasons including operational, technical, regulatory or force majeure reasons, including the discontinuation or failure of a payment service provider or the detection of abuse patterns. Modifications shall not affect rewards already accrued during the term of the Promotion.

The Developer shall not be liable for third-party technical failures, delays attributable to blockchain networks or payment service providers, or the User’s tax obligations arising from the reward. Its liability is limited, in all cases, to the value of the reward actually accrued and not credited for reasons attributable to the Developer.

This matter is governed by the General Terms and Conditions.