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SPECIAL TERMS AND CONDITIONS – Promotion "Additional Promotional Reward in Tokens"

Written by Armando

1. Organizer

This promotion (the "Promotion") is organized by the Developer and is subject to these Special Terms and Conditions (the "Special Terms"), which supplement the General Terms and Conditions of the Application and, where applicable, the special terms applicable to the decentralized protocol access service.

For the purposes of these Special Terms, "Developer" refers to the Belo group entity that is responsible for the Application with respect to the User according to the relevant jurisdiction, as identified in the Application and in the General Terms and Conditions.

Participation in the Promotion implies acceptance of these Special Terms and of any terms applicable to the corresponding service.

In the event of a conflict between these Special Terms and the General Terms and Conditions, these Special Terms shall prevail exclusively with respect to the matters specifically governed by the Promotion.

2. Purpose and Nature of the Promotion

The Promotion consists of the grant by the Developer of an additional promotional benefit called "Reward" or "Bonus", which may be credited to users who meet the conditions set forth in these Special Terms, regarding the Virtual Assets defined and stated as eligible in the Application by the Developer (each, an "Eligible Token"). The Developer may include or exclude Eligible Tokens at any time; Virtual Assets that do not appear as eligible in the Application do not participate in the Promotion.

The Reward constitutes a commercial incentive designed to promote the use of Eligible Tokens and the services available within the Application.

The Reward:

  • is independent of any yield that may be obtained through decentralized protocols;

  • does not constitute interest, income, dividends, or remuneration for the delivery, deposit, custody, administration, or assignment of funds to the Developer;

  • does not imply that the Developer receives, uses, invests, or disposes of the User's Eligible Tokens on its own behalf;

  • does not constitute an obligation to maintain funds for a specified term; and

  • is subject to the term of validity, conditions, limits, and availability established in these Special Terms.

The User's funds and virtual assets will remain subject to the regime applicable to the corresponding service and to the specific terms and conditions of said service. The mere holding of an Eligible Token does not generate yield; generating yield from the decentralized protocol access service requires the User's voluntary activation of that service, pursuant to Clause 8 and its own terms and conditions.

3. Difference Between Protocol Yield and Promotional Reward

For informational and commercial purposes only, the Application may display together an estimated reference of the economic benefit that a User could obtain considering:

(i) any yield potentially generated by the corresponding protocol or service; and

(ii) the promotional Reward granted by the Developer.

Both components are legally and operationally independent.

Yield generated by a decentralized protocol is subject to the specific conditions, risks, methodology, and variations of that protocol and does not constitute a payment obligation on the part of the Developer.

The promotional Reward constitutes exclusively the benefit granted by the Developer pursuant to these Special Terms.

4. Communication of the Estimated Benefit

During the term of the Promotion, the Developer may display in the Application a commercial reference of the joint economic benefit associated with an Eligible Token, the value of which is stated in the Application. Said reference will be estimated and will not constitute a fixed, guaranteed, or insured rate.

The reference will be accompanied, in a clear and prominent manner, by the following disclaimer:

"Estimated reference composed of the variable yield potentially generated by the applicable protocol and an additional promotional Reward granted by Belo. Protocol yield may vary and is not guaranteed. The promotional Reward is subject to its own terms, conditions, limits, and term of validity. The total benefit may be higher or lower than the indicated reference."

Where available space allows, the Application will also display a breakdown of both components.

The promotional Reward is calculated on the eligible balance stated in the Application, which may be subject to a maximum qualifying amount; if so, the total benefit may be proportionally lower for balances exceeding that maximum.

5. Determination of the Promotional Reward

The promotional Reward will be determined according to the coefficient, formula, or methodology stated in the Application at the time of its accrual, which may differ for each Eligible Token.

The coefficient applicable to the Reward may vary during the term of the Promotion for future periods.

Any modification will be announced in the Application prior to taking effect and will not affect Rewards that have already accrued pursuant to these Special Terms.

The Reward will not be structured as an obligation to top up or guarantee a specific total yield for the User. The Reward accrues and is settled daily. Each day constitutes a period for the purposes of these Special Terms, and the determination corresponding to one day creates neither a right nor an expectation for subsequent days.

The Reward is credited in the corresponding Eligible Token to the User's wallet and does not compound or increase the balance allocated to the decentralized protocol access service.

6. Independence from Protocol Yield

The promotional Reward will not be determined based on the yield actually obtained by the protocol.

A variation in the protocol yield will not, in and of itself, create a right for the User to receive an additional Reward, nor an obligation for the Developer to compensate for or make up such variation.

Likewise, granting the Reward does not imply that the Developer guarantees a specific yield on the User's virtual assets.

7. Term of Validity

The Promotion will be valid from 00:00 hours on Thursday, September 10, 2026, until 23:59 hours on December 10, 2026 (Argentine Republic time), unless terminated earlier pursuant to these Special Terms.

The Developer may terminate the Promotion for future periods with respect to one or more Eligible Tokens for commercial, operational, technical, regulatory, or force majeure reasons.

Termination will not affect Rewards that had been effectively accrued prior to such termination.

8. Eligibility Requirements

Users who meet the following criteria may participate in the Promotion:

a) are individuals of legal age;

b) have an active and verified Belo Account;

c) comply with identity verification procedures and other applicable regulatory requirements;

d) have the corresponding service enabled;

e) hold an Eligible Token, in accordance with the minimum balance and other conditions stated in the Application; and

f) fall within the scope of the Promotion defined by the Developer for the respective period.

Yield from the decentralized protocol access service requires the User's voluntary activation of that service. Prior to activation, the asset, protocol, applicable risks, and costs will be stated in the Application. The mere holding of an Eligible Token does not generate yield.

Participation requirements, the scope of the Promotion, and the list of Eligible Tokens may vary depending on the promotional period, market, or User segment, provided they are clearly communicated in advance. The inclusion of an Eligible Token or a market in one period creates neither an acquired right nor an expectation of continuity for subsequent periods.

9. Eligible Balance

Where applicable, the Reward will be calculated on the eligible balance of the respective Eligible Token stated in the Application.

The eligible balance does not constitute a deposit, investment, or assignment of funds to the Developer.

The User will retain availability of their assets in accordance with the conditions applicable to the corresponding service.

10. Promotional Nature and Absence of Guarantee

The Reward constitutes a promotional incentive and not an interest rate or a guaranteed return.

Participation in the Promotion does not grant the User the right to receive a specific rate or percentage of benefit during any future period.

Any percentage references displayed in the Application are commercial estimates or benchmarks and should not be construed as a promise of guaranteed profitability.

11. Modifications to the Promotion

The Developer may modify the terms of the Promotion for future periods, including the Reward coefficient, eligibility requirements, limits, the list of Eligible Tokens, and its duration.

Modifications will be communicated via the Application or other authorized channels before coming into effect.

Already accrued Rewards will not be modified retroactively.

12. Termination Due to Exhaustion of Promotional Budget

The Promotion may be subject to a designated promotional budget, which may be allocated per Eligible Token or per market.

Once said budget is exhausted, the Promotion may terminate for future periods with respect to the corresponding Eligible Token or market.

Rewards effectively accrued prior to termination will not be affected.

The Application will inform users of the termination of the Promotion when applicable.

13. Fraud and Promotion Abuse Prevention

The Developer may take reasonable measures to prevent fraudulent or abusive use of the Promotion.

For these purposes, such conduct includes, but is not limited to: actions exclusively intended to artificially multiply the benefit, using multiple accounts, splitting balances, executing transactions devoid of economic substance, or predominantly using the Application to capture price or quote discrepancies from third parties with the primary objective of obtaining an undue promotional benefit.

If conduct of this nature is detected, the Developer may exclude the User from the Promotion and, where appropriate, adjust or reverse unduly credited promotional benefits.

These powers will be exercised proportionately and will be limited to the Promotion.

14. Decentralized Protocol Yield

The decentralized protocol access service and any yield that may be obtained through such protocols are subject to their own terms and conditions.

The existence or availability of this Promotion does not constitute a guarantee regarding the performance or yield of said protocols.

The Developer does not guarantee the realization of any specific yield through decentralized protocols.

15. Risks and Warnings

Users acknowledge that Virtual Assets, including Eligible Tokens, may be exposed to technological, operational, market, liquidity, regulatory, and counterparty risks, as applicable. The value of Eligible Tokens may rise or fall; consequently, the value of the Reward received may differ from its value at the time of crediting, and transactions may result in the partial or total loss of committed funds. The User operates at their sole risk and responsibility.

Virtual Assets do not constitute legal tender in the jurisdictions covered, lack backing from any government or relevant monetary or securities authority in each jurisdiction, and their acceptance as a means of payment is voluntary. Transactions with Virtual Assets are irreversible once confirmed. The Developer is not a financial institution and is not authorized by the relevant monetary or securities authority in each jurisdiction, unless expressly stated otherwise.

Historical, estimated, or currently observed performance of a protocol is no guarantee of future returns. Any commercial reference to total benefit displayed in the Application does not guarantee that the User will achieve said percentage.

16. Information and Transparency

The Developer will endeavor to present clearly and distinctly:

(i) any yield or benefit that may correspond to the protocol service; and

(ii) the promotional Reward granted by the Developer.

The information available in the Application should allow the User to understand that both components arise from different sources and terms.

17. Liability

The Developer shall be liable for any breach of the legal obligations enforceable against it in connection with the Promotion.

No provision of these Special Terms shall limit any rights or liabilities that cannot be lawfully limited or excluded under applicable law.

18. Governing Law and Jurisdiction

The Promotion shall be governed by the laws applicable to the Developer according to the User's jurisdiction and by the Application's General Terms and Conditions, without prejudice to any statutory consumer protection rights and other mandatory regulations applicable in the User's jurisdiction.

19. Acceptance

Participation in the Promotion implies that the User has had access to these Special Terms and is aware of their essential conditions.

Acceptance of the Promotion does not imply a waiver of statutory rights recognized under applicable law.

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