SPECIFIC TERMS AND CONDITIONS - “XAU₮ Prize for Payments” Promotion

Gralcey S.A. (“Belo”), as developer of the App, organizes the “XAU₮ Prize for Payments” promotion (the “Promotion”), which is governed by these Specific Terms and Conditions (the “Specific T&Cs”). Capitalized terms not defined herein have the meanings given to them in the General Terms and Conditions of the App (the “General T&Cs”).

The Promotion grants each Invited User who satisfies the Condition a one-time prize equal to one (1) USD₮, credited in Tether Gold (“XAU₮”) (the “Prize”). Belo grants the Prize free of charge and for commercial promotion purposes.

The Prize is not a refund of fees, a discount on the price of the goods or services paid for, a yield, interest, or consideration for holding funds, and it does not form part of or modify the current fee schedule. The Promotion does not cover or modify the exchange rate differentials or spreads applicable to transactions, or any costs charged by third parties or external networks. The right to the Prize is personal and non-transferable.

The Promotion runs from 00:00 on November 10, 2026 until 23:59 on November 30, 2026, inclusive, Argentine Republic time (UTC-3) (the “Term”). For each Invited User, only transactions made from the sending of their Invitation until the end of the Term are counted. Once the Term expires, the Promotion ends automatically, without prior notice.

Participation is open exclusively to natural persons of legal age, resident in the Argentine Republic, holding an active and validated Belo Account, who have accepted the General T&Cs and who have received from Belo an individual communication, by email, push notification, or in-App message, inviting them to participate (the “Invitation”) (the “Invited Users”). Publication of these Specific T&Cs, or awareness of the Promotion by any other means, does not in itself confer a right to participate.

Each Invited User may receive only one Prize throughout the Promotion.

The following are not eligible: persons whose Belo Account is suspended, paused, blocked for regulatory compliance or other reasons, subject to pending identity re-verification, or in the process of being closed; employees or collaborators of Belo or of the companies in its group; and their immediate family members.

Invited Users earn the Prize if, during the Term, they make at least one Eligible Transaction for an amount equal to or greater than ten thousand pesos (ARS 10,000) (the “Condition”).

The following transactions made by the Invited User with their Belo Account and effectively approved are considered “Eligible Transactions”: (i) payments to merchants via QR code; (ii) payments with the cards linked to the Belo Account, in their local and global versions; (iii) bill payments from the App; and (iv) mobile phone top-ups or SUBE card top-ups from the App.

The minimum amount must be reached in a single Eligible Transaction; transactions are not added together. Card payments made in US dollars are counted at their peso equivalent, according to the exchange rate applied to that transaction in the App.

The following do not count: transactions that are canceled, rejected, returned, refunded, or disowned by the User, or money transfers, even if ordered via QR code.

The Prize is expressed as a value of one (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 displayed in the App at that time, truncated to the eighth decimal place.

Belo credits the Prize to the Invited User’s Belo Account within five (5) business days following the end of the Term, calculated according to the Argentine Republic calendar.

The requirements of Section 4 must be met both when the Condition is satisfied and at the time of crediting. If at the time of crediting the Belo Account is paused, subject to pending identity re-verification, or blocked for regulatory compliance, crediting is suspended until the situation is resolved, and the right to the Prize lapses if it is not resolved within ten (10) calendar days following the end of the Term.

XAU₮ is a Virtual Asset whose value tracks the price of gold and may rise or fall, so the value of the Prize may differ from its value when credited. Belo does not guarantee the value, price, liquidity, or convertibility of XAU₮, is not responsible for the conduct of its issuer, and does not provide financial, investment, accounting, or tax advice.

Belo is not responsible for technical failures of third parties or for delays attributable to blockchain networks, card networks, or payment service providers. Its liability is limited, in all cases, to the value of the Prize accrued and not credited for reasons attributable to Belo.

The Promotion has a total cap of one thousand (1,000) Prizes, which are allocated in the chronological order in which each Invited User satisfies the Condition.

Once the cap is exhausted, the Promotion ends automatically even if the Term has not expired, and communication of this through the usual channels is not a condition for the end to take effect. Those who satisfy the Condition after the cap is exhausted acquire no right to the Prize or to any compensation.

Belo may deny or suspend crediting of the Prize, or debit a Prize already credited, with respect to persons who: (i) use more than one Belo Account, whether their own or third parties’ under common control or benefit, to multiply Prizes; (ii) use third parties’ identity data; (iii) make payments to merchants or accounts that are their own, related, or under common control or benefit, transactions in a circular sequence between the same parties, or transactions lacking economic substance of their own other than obtaining the Prize; (iv) obtain the cancellation, return, refund, or disowning of the Eligible Transaction after the Prize is credited, unless they have made another Eligible Transaction during the Term; or (v) breach the General T&Cs, anti-money laundering and counter-terrorist financing regulations, or identity validation procedures.

The power to debit Prizes already credited may be exercised within one hundred eighty (180) calendar days from crediting. The debit is made against the XAU₮ credited or, if the balance in that Virtual Asset is insufficient, against its equivalent in another Virtual Asset available in the Belo Account, according to the reference exchange rate displayed in the App. Belo applies internal fraud and promotional abuse prevention procedures and is not required to disclose its methodology.

Belo may correct material calculation or crediting errors by debiting or crediting the difference and notifying the User. The powers under this Section are limited to the amount of the Prize and to participation in the Promotion, and do not affect other contracted services.

Belo may modify, suspend, or terminate the Promotion, in whole or in part, for operational, technical, regulatory, or force majeure reasons or upon detecting abuse patterns, by notifying through the usual channels. Modifications do not affect the right to the Prize of those who have already satisfied the Condition within the available cap.

These Specific T&Cs form part of the General T&Cs, available at https://help.belo.app/es/articles/5362779-terminos-y-condiciones-generales, which are mandatory and binding and which the User declares to have read and accepted. In case of conflict, these Specific T&Cs prevail in all matters relating to the Promotion. Participation in the Promotion implies full acceptance of these Specific T&Cs and the General T&Cs.