US Securities Transfer Loyalty Rewards Program — Terms & Conditions

These US Securities Transfer Loyalty Rewards Program terms and conditions (“T&C”) govern the promotional loyalty rewards program designed, organised and administered by INDmoney Global (IFSC) Private Limited (“INDmoney Global”), a company incorporated under the Companies Act, 2013 and registered with the International Financial Services Centres Authority (“IFSCA”) as a capital market intermediary in the Gujarat International Finance Tec-City International Financial Services Centre. The Program is made available through the INDmoney mobile application (the “INDmoney Platform”) and is solely designed, administered and/or organised by INDmoney Global, without any reference to or participation by any other entity, including INDmoney Global’s holding company, subsidiary companies, affiliates, or any social media platform where the Program may be promoted.

By participating in this Program, you agree to be legally bound by these T&C (as amended from time to time) read along with the General Terms and Conditions, Global Access Terms and Conditions, Privacy Policy and other policies or guidelines as may be made available on the INDmoney Platform from time to time. In the event of any inconsistency between these T&C and any of the foregoing in respect of the Program, these T&C shall prevail to the extent of such inconsistency, but only in respect of the Program.

Section A: Definitions

For the purposes of this Program, the following terms shall have the meanings set out below:

“Account” means the US securities investment account opened and maintained by the user with INDmoney Global in accordance with applicable IFSCA regulations.

“AUM” or “Assets Under Management” means, in relation to a user, the aggregate market value, expressed in United States Dollars, of all eligible securities and eligible cash balances held by the user in the Account, recorded at the close of each Trading Day.

“Daily AUM Reading” means the AUM of a user on any Trading Day, expressed as a percentage of the relevant Transferred Amount.

“Eligible Assets” means the asset classes specified as eligible under Section B.

“Eligible Transfer” means a transfer of Eligible Assets from a third-party broker-dealer, custodian, stock plan administrator or such other source as may be approved by INDmoney Global, into the Account, that satisfies the conditions of these T&C.

“Launch Date” means 29-Apr-2026, and “Program Period” means the period commencing on the Launch Date and continuing until the Program is withdrawn, modified, suspended or terminated by INDmoney Global in its sole discretion, with or without prior notice, subject to applicable law.

“Monthly Average AUM” means the arithmetic mean of a user’s Daily AUM Readings over a given calendar month.

“Resident Indian” means an individual who is resident in India within the meaning of Section 2(v) of the Foreign Exchange Management Act, 1999 (“FEMA”) read with the rules and regulations issued thereunder, and who is also resident in India under the Income Tax Act, 1961 for the relevant financial year.

“Reward” or “Transfer Reward” means the promotional loyalty reward calculated and disbursed in accordance with Section D.

“Trading Day” means any day on which the relevant United States securities exchanges are open for regular trading.

“Tranche” means each of the twelve (12) equal monthly instalments in which the Reward is disbursed, subject to the conditions set out in these T&C.

“Transfer Date” means the date on which an Eligible Transfer is confirmed and credited to the Account.

“Transferred Amount” means the net United States Dollar value of an Eligible Transfer credited to the Account, calculated in accordance with Section C.

Section B: Program and Eligibility

Eligible Persons: Participation is open only to persons who: (i) are Resident Indians who have attained 18 years of age; (ii) hold an active global investing / US Stocks Account with INDmoney Global; (iii) have successfully completed all KYC, AML, onboarding and verification requirements to the satisfaction of INDmoney Global and its partners; and (iv) are eligible under applicable law, including, where applicable, the Reserve Bank of India Liberalised Remittance Scheme (“LRS”), to hold, transfer and/or deal in foreign securities and related cash balances. Residents of any State or Union Territory where such promotional rewards are prohibited or restricted by law are excluded from participation.

Eligible Assets: The following asset classes shall qualify as Eligible Assets, provided they are permitted to be held in the Account under applicable law: (a) vested Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs) of publicly listed United States companies, transferred either as shares (in-kind) or as the corresponding United States Dollar cash proceeds; and (b) United States-listed stocks and exchange-traded funds (ETFs) held with a regulated broker (whether located in the United States or elsewhere), to the extent permitted under applicable law.

Ineligible Transfers: The following transfers are expressly excluded from the Program and shall not qualify for any Reward: (a) direct cash deposits or remittances from Indian bank accounts, including remittances effected under the LRS; (b) internal transfers between accounts held with INDmoney Global or between products offered by INDmoney Global; (c) any transfer initiated or completed prior to the Launch Date; (d) transfers that do not result in a net credit of at least United States Dollars Five Thousand (USD 5,000) to the Account; (e) transfers of crypto-asset-related stocks or ETFs, and any stocks or ETFs that are restricted on the INDmoney Platform from time to time pursuant to directions of the IFSCA or any other competent regulatory authority; and (f) any transfer that, in the reasonable opinion of INDmoney Global, is not in compliance with applicable law or with INDmoney Global’s internal compliance, risk or anti-money-laundering policies. Where any restricted security as referred to above is transferred to the Account, such security shall be liquidated upon transfer, and the resulting United States Dollar proceeds shall be made available in the Account, subject to applicable law and INDmoney Global’s policies in force at the relevant time.

Eligibility Determination: INDmoney Global shall have sole and absolute discretion to determine whether a person, transfer or asset is eligible under the Program. Users are encouraged to write to support@indmoneyglobal.com prior to initiating any transfer to confirm eligibility.

Section C: Calculation of Transferred Amount

The Transferred Amount in respect of any Eligible Transfer shall be calculated as the sum of (i) the United States Dollar cash transferred, plus (ii) the aggregate value of shares transferred in-kind (where the value of each share is the product of the number of shares and the official closing price of such share on the Trading Day immediately preceding the Transfer Date), less (iii) any transfer fees, taxes or charges levied by the user’s outbound broker or any other third party that are deducted from the amount or assets credited to the Account.

Only the net United States Dollar value actually credited to the Account shall be considered for the purposes of computing the Reward.

Where a user makes more than one Eligible Transfer, each transfer shall be evaluated independently and shall constitute a separate Transferred Amount and a separate Reward track.

The Transferred Amount shall be locked at the time of confirmation of the Eligible Transfer and shall not be revised or recalculated thereafter on account of subsequent market movements, currency fluctuations or any other event affecting the value of the assets transferred.

INDmoney Global’s computation of the Transferred Amount shall be final and binding on the user, save that the user may raise a formal dispute in respect of such computation by writing to support@indmoneyglobal.com within three (3) days of the Transfer Date.

Section D: Reward, Pay-outs and Taxes

Rewards: Subject to the user’s continuing eligibility and ongoing compliance with these T&C, each Eligible Transfer shall entitle the user to a Reward equivalent to one percent (1%) of the Transferred Amount, computed on a Transferred Amount not exceeding USD 500,000 per Eligible Transfer. Any portion of the Transferred Amount in excess of USD 500,000 shall be disregarded for the purposes of computing the Reward.

Pay-out Schedule

The Reward shall be disbursed in twelve (12) equal monthly Tranches over a period of twelve (12) months commencing from the Transfer Date, on the following basis:

• The first Tranche shall become payable on completion of thirty (30) days from the Transfer Date (for example, if the Transfer Date is the 15th of a month, the first Tranche shall be payable on the 15th of the following month);

• Where the Transfer Date falls on the 29th, 30th or 31st of a month and the corresponding date does not exist in the immediately following month, the first Tranche shall be credited on the 1st of the month thereafter, and subsequent Tranches shall be credited on the 1st of each succeeding calendar month;

• The release of each Tranche is conditional upon, and shall be adjusted in accordance with, the AUM maintenance conditions set out below; and

• The user shall be entitled to transact with, or utilise the value of, the Reward solely towards the purchase of US-listed securities through the INDmoney Platform, and the Reward shall not be directly withdrawable in nature.

Lock-in: Upon confirmation of an Eligible Transfer, the maximum aggregate Reward amount shall be locked in subject to these T&C. The monthly disbursement schedule shall commence automatically thereafter, with each Tranche subject to the prevailing AUM conditions and to the user’s continuing eligibility.

Taxes: The Reward constitutes taxable income in the hands of the user under the Income Tax Act, 1961. INDmoney Global shall deduct tax at source (“TDS”) from the Reward at the rate(s) and in the manner prescribed under applicable law and as notified from time to time by the competent authorities. Each Tranche shall be credited to the Account net of TDS, and the user shall not be entitled to receive the gross Reward prior to deduction of TDS. INDmoney Global shall not be responsible or liable for any additional tax, interest, penalty or other liability arising out of or in connection with the user’s failure to properly assess, report or discharge any tax obligation in respect of the Reward or otherwise.

Section E: AUM Maintenance Conditions

In order to receive each monthly Tranche in full, the user must maintain a Monthly Average AUM equal to or greater than the Transferred Amount throughout the relevant calendar month. Failure to maintain the requisite AUM threshold shall result in a proportional reduction or in the complete and permanent forfeiture of the Reward, in each case as set out below.

The Tranche payable in respect of any calendar month shall be determined as follows:

·  Where the Monthly Average AUM is equal to or greater than one hundred percent (100%) of the Transferred Amount, the full Tranche shall be paid in respect of that calendar month, and the Reward shall continue normally for subsequent Tranches.

· Where the Monthly Average AUM is fifty percent (50%) or more but less than one hundred percent (100%) of the Transferred Amount, the Tranche shall be paid on a pro-rata basis equal to the Monthly Average AUM percentage (by way of illustration, a Monthly Average AUM of seventy percent (70%) shall yield seventy percent (70%) of the Tranche). In such a case, the Reward shall continue on a pro-rata basis for subsequent Tranches, subject in each case to the AUM maintenance conditions for the relevant month.

· Where the Monthly Average AUM falls below fifty percent (50%) of the Transferred Amount in any calendar month, the Tranche for that month shall be nil, and all remaining Tranches in respect of that Eligible Transfer shall be permanently and irrevocably forfeited, with no obligation on INDmoney Global to make any further payment in respect of such Eligible Transfer.

For the avoidance of doubt, the AUM threshold is measured against the original Transferred Amount and not against any subsequent market value. Market-driven changes in portfolio value (whether favourable or unfavourable) shall be taken into account in computing AUM. Users are strongly advised to monitor their portfolio value during periods of market volatility and to consider supplementing their holdings as appropriate to avoid breaching the fifty percent (50%) threshold.

INDmoney Global may monitor AUM on a daily basis or at such frequency as it may decide in its sole discretion. The user acknowledges that AUM tracking is an automated process and that any discrepancy must be raised in accordance with the dispute resolution procedure set out below.

Section F: Multiple Transfers

A user may make multiple Eligible Transfers, each of which shall be entitled to its own independent Reward track, subject to the following:

• Each transfer shall be evaluated separately and chronologically, in the order in which the transfers are confirmed;

• For the purposes of AUM maintenance, all Eligible Transfers of a user shall share a single AUM pool, with the earliest transfer (Transfer 1) having first priority claim on the available AUM, and subsequent transfers claiming AUM only from such balance as remains after prior transfers have claimed their respective shares;

• If the residual AUM, after accounting for prior transfers, is insufficient to meet the fifty percent (50%) threshold of a subsequent transfer’s Transferred Amount, that subsequent transfer’s Daily AUM Reading shall be treated as zero (0%) for that day; and

• Cancellation or forfeiture of a later transfer’s Reward shall not affect the Reward in respect of any earlier transfer, provided such earlier transfer continues independently to satisfy its own AUM conditions.

By way of illustration only: if a user has Transfer 1 of USD 500 and Transfer 2 of USD 400, and the daily AUM is USD 600, Transfer 1 claims USD 500 first, leaving only USD 100 attributable to Transfer 2. As USD 100 is less than fifty percent (50%) of USD 400 (i.e., USD 200), Transfer 2’s Daily AUM Reading for that day is treated as zero, while Transfer 1 continues at one hundred percent (100%).

Section G: Disqualification and Forfeiture

Outward Transfers to Third-Party Platforms

A user shall be immediately and permanently disqualified from receiving any further Tranches in respect of an Eligible Transfer if the user transfers any Eligible Assets or cash from the Account to any third-party broker, platform or wallet (other than a withdrawal to the user's linked Indian bank account, as further described in "Sale and Withdrawal to Indian Bank Account" below). Any such outward transfer shall be deemed a voluntary withdrawal from the Program in respect of that Eligible Transfer, and all future Tranches shall be forfeited without recourse.

Sale and Withdrawal to Indian Bank Account

The sale of securities held in the Account and the subsequent withdrawal of the resulting proceeds to the user's linked Indian bank account in accordance with applicable law shall not, in and of itself, constitute a disqualifying event. However, any such sale or withdrawal shall reduce the user's AUM, and the user remains responsible for ensuring that the Monthly Average AUM does not fall below the threshold set out in Section E (AUM Maintenance Conditions).

Breach of Terms

INDmoney Global shall be entitled to disqualify any user, withhold any Tranche and/or claw back any Tranche previously paid where the user: (a) provides false, misleading, incomplete or fraudulent information in connection with any transfer, the Account, the KYC process or the Program; (b) engages in any conduct that INDmoney Global reasonably believes constitutes an attempt to manipulate, abuse, exploit or circumvent the Program or these T&C; (c) breaches any provision of these T&C or of any other agreement between the user and INDmoney Global; or (d) violates any applicable law in connection with the transfer of assets, the Account or the Program.

AUM Falling Below Fifty Percent

If, in any calendar month, a user’s Monthly Average AUM in respect of an Eligible Transfer falls below fifty percent (50%) of the Transferred Amount (including by reason of market movements, withdrawals or otherwise), all future Tranches in respect of that Eligible Transfer shall stand permanently and irrevocably forfeited and cancelled, and no partial Tranche shall be paid for that calendar month or any subsequent month in respect of that transfer.

Section H: Regulatory Compliance

The Program is offered solely within, and is governed by, the regulatory framework administered by the IFSCA and any other applicable law. INDmoney Global is registered with the IFSCA and provides the services contemplated under the Program in accordance with such registration and applicable law.

The user acknowledges that participation in the Program, and the transfer of assets contemplated hereunder, is subject to and conditional upon compliance with FEMA, the LRS, the Income Tax Act, 1961, the Prevention of Money Laundering Act, 2002 (“PMLA”), the IFSCA AML, Counter-Terrorist Financing and Know Your Customer Guidelines, and all other applicable law. The user shall be solely responsible for ensuring that all transfers of assets and funds are in compliance with applicable law, including any limits, reporting or documentation requirements applicable under FEMA, the LRS or any other regulation.

INDmoney Global does not provide tax, legal, financial, accounting or investment advice. The user is strongly advised to obtain independent professional advice prior to participating in the Program.

INDmoney Global reserves the right to refuse, defer, reverse or unwind any transfer, Tranche or other transaction under the Program that INDmoney Global reasonably believes is, or may be, in contravention of applicable law or of INDmoney Global’s policies, and to report any such transaction to the relevant authorities as required by applicable law.

Section I: Transfer Process

Transfer timelines are subject to the policies and procedures of the user’s outbound broker, custodian and other intermediaries. While most transfers are expected to complete within three (3) to ten (10) business days, INDmoney Global makes no representation or warranty as to any particular timeline and shall not be liable for any delay caused by the user’s outbound broker or by any third party. Users are advised to initiate transfers sufficiently in advance of any applicable Program deadlines or windows.

In-kind transfers of securities (without prior liquidation), where permitted by the outbound broker and by applicable law, are accepted under the Program. Where the outbound broker does not support in-kind transfers, users may transfer the United States Dollar cash proceeds resulting from prior liquidation, subject in each case to applicable law.

INDmoney Global does not levy any inbound transfer fee in respect of Eligible Transfers. Outbound transfer fees, taxes, levies or charges, if any, imposed by the user’s outbound broker or any third party shall be borne solely by the user and shall be deducted from the Transferred Amount for Reward calculation purposes.

Users who are uncertain regarding their broker’s eligibility, transfer mechanics or the documentation required are advised to write to support@indmoneyglobal.com prior to initiating any transfer.

Section J: User Representation

By participating in the Program, the user represents, warrants and undertakes to INDmoney Global on a continuing basis that:

• The user is a Resident Indian and an individual of full legal capacity, and has the legal right, power and authority to enter into and perform their obligations under these T&C;

• The user is the legal and beneficial owner of all assets transferred to the Account, free and clear of any lien, charge, encumbrance or third-party right, except as previously disclosed to and accepted by INDmoney Global in writing;

• The source of the assets transferred is legitimate, and such assets do not constitute, in whole or in part, the proceeds of crime or of any unlawful activity;

• All information furnished by the user in connection with the Account, the KYC process, the transfer and the Program is true, accurate, complete and not misleading;

• The user’s participation in the Program does not, and will not, contravene any applicable law or any agreement, judgment, order or decree binding on the user;

• The user has obtained, or will obtain, all consents, approvals and authorisations required under applicable law to effect the transfer of assets to the Account; and

• The user has had the opportunity to obtain independent legal, tax and financial advice prior to participating in the Program.

Section K: Liability Disclaimer & Indemnification

To the fullest extent permitted by applicable law, INDmoney Global shall not be liable to the user for any direct, indirect, incidental, special, exemplary, punitive or consequential loss or damage (including loss of profits, opportunity, goodwill or investment value) arising out of or in connection with: (a) market movements causing a reduction in AUM below applicable thresholds; (b) delays in transfer processing caused by the user’s outbound broker, custodians, depositories or any other third party; (c) technical failures, system outages, network disruptions or other events beyond INDmoney Global’s reasonable control; (d) any tax liability, penalty, interest or regulatory action arising from the user’s participation, breach of applicable law or failure to discharge tax obligations; (e) any modification, suspension, withdrawal or discontinuation of the Program effected in accordance with these T&C or applicable law; and (f) any reliance placed by the user on any information provided by or through the INDmoney Platform, except to the extent such information is confirmed in writing as a personalised undertaking of INDmoney Global.

INDmoney Global’s aggregate liability to any user arising out of or in connection with the Program, whether in contract, tort (including negligence), under statute or otherwise, shall in no event exceed the total amount of the Reward that the user would have been entitled to receive under these T&C in respect of the Eligible Transfer to which the claim relates.

The user shall indemnify, defend and hold harmless INDmoney Global and its officers, directors, employees and agents from and against any claims, demands, losses, liabilities, damages, costs and expenses (including reasonable attorneys’ fees) arising out of or in connection with (i) the user’s breach of these T&C, (ii) the user’s breach of any applicable law, (iii) any misrepresentation or breach of warranty by the user, or (iv) any third-party claim arising from the user’s participation in the Program.

Nothing in these T&C shall exclude or limit the liability of either party for fraud, wilful misconduct or any liability that cannot be excluded or limited under applicable law.

INVESTMENTS IN SECURITIES ARE SUBJECT TO MARKET RISKS. READ ALL RELATED DOCUMENTS CAREFULLY BEFORE INVESTING, HOLDING, SELLING OR TRANSFERRING ANY FOREIGN SECURITIES.

THIS PROGRAM IS NOWHERE TO BE CONSIDERED AS AN INVITATION, SOLICITATION, OFFER, ADVERTISEMENT FOR SOLICITATION, INVESTMENT ADVICE, RECOMMENDATION OR ASSURANCE OF RETURNS. THE USER / INVESTOR AGREES THAT ALL DECISIONS PERTAINING TO THE TRANSFER, HOLDING, SALE, PURCHASE, REINVESTMENT OR REMITTANCE OF SECURITIES / CASH ARE THE USER’S OWN INFORMED DECISIONS.

INDMONEY GLOBAL, ITS OFFICERS, DIRECTORS, EMPLOYEES, PERSONNEL AND AGENTS SHALL NOT BE LIABLE TO THE USER OR ANY OTHER PERSON FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL LOSS OR DAMAGE ARISING OUT OF OR IN CONNECTION WITH THIS PROGRAM, ANY ASSET TRANSFER, ANY TRANSFER REWARD, ANY THIRD-PARTY FAILURE, ANY MARKET MOVEMENT, ANY FOREIGN EXCHANGE MOVEMENT, ANY TAX CONSEQUENCE, OR ANY ACCESS / USE / NON-USE OF THE INDMONEY PLATFORM, EXCEPT TO THE EXTENT LIABILITY CANNOT BE EXCLUDED UNDER APPLICABLE LAW.

THE SERVICES ARE OFFERED ON AN “AS IS” AND “AS AVAILABLE” BASIS. INDMONEY GLOBAL MAKES NO REPRESENTATION OR WARRANTY THAT ANY SUCH SERVICE WILL BE ERROR-FREE, UNINTERRUPTED, TIMELY, SECURE OR FIT FOR ANY PARTICULAR PURPOSE.

ALL DISPUTES OR LIMITATIONS IN RELATION TO THE GLOBAL INVESTING / US STOCKS FACILITATION SERVICES, INCLUDING THOSE INVOLVING FOREIGN BROKERS / CUSTODIANS / SERVICE PROVIDERS, SHALL BE SUBJECT TO THE APPLICABLE CONTRACTUAL AND REGULATORY FRAMEWORK, AND MAY NOT HAVE ACCESS TO INDIAN OR IFSC EXCHANGE INVESTOR REDRESSAL FORA OR ARBITRATION MECHANISMS IN INDIA, TO THE EXTENT SO APPLICABLE.

ANY FRAUDULENT TRANSACTION OR ATTEMPT, MISREPRESENTATION, CIRCUMVENTION OR VIOLATION OF LAW OR THESE T&C MAY ATTRACT DISQUALIFICATION, REVERSAL OF REWARDS, ACCOUNT ACTION, AND SUCH CIVIL OR CRIMINAL ACTION AS MAY BE PERMISSIBLE UNDER APPLICABLE LAW.

Section L: Governing Law and Dispute Resolution

These T&C shall be governed by, and construed in accordance with, the laws of India, without regard to any conflict-of-laws principles that might require the application of the laws of any other jurisdiction.

Any complaint, query or grievance arising out of or in connection with the Program — and any request for clarification, support or other assistance — may be raised by the user through INDmoney Global’s internal grievance redressal mechanism, by writing to support@indmoneyglobal.com. INDmoney Global shall endeavour to resolve such grievance within the timelines prescribed under the IFSCA grievance redressal framework as in force from time to time.

If the grievance is not resolved through INDmoney Global’s internal grievance redressal mechanism, the user may approach the IFSCA grievance redressal authority in accordance with the procedures notified by the IFSCA from time to time, or any other forum competent under applicable law.

Subject to the grievance redressal procedures set out above, any dispute, controversy or claim arising out of or in connection with these T&C, including any question regarding their existence, validity, breach or termination, that is not amicably resolved within thirty (30) days of written notice of such dispute being given by one party to the other, shall be referred to and finally resolved by arbitration administered in accordance with the Arbitration and Conciliation Act, 1996, by a sole arbitrator appointed by mutual agreement of the parties (failing which, by such authority as is competent under that Act). The seat and venue of arbitration shall be GIFT City, Gandhinagar, Gujarat, India. The language of the arbitration shall be English. The arbitral award shall be final and binding on the parties.

Subject to the arbitration agreement set out above, the courts at Gandhinagar, Gujarat, India shall have exclusive jurisdiction in respect of any matter arising out of or in connection with these T&C, including any application for interim relief.

INDmoney Global reserves the right to amend these T&C at any time, including by modifying the Reward structure, eligibility criteria, AUM thresholds, disbursement schedule or any other provision. Material amendments shall be communicated to existing users through the INDmoney Platform or to the user’s registered email address, with reasonable prior notice. Continued participation in the Program after the effective date of any such amendment shall constitute the user’s acceptance of such amendment.