Cobo Account General Terms and Conditions

(“Cobo Account Terms”)

Last update: January 2026

1. INTRODUCTION

1.1 Please read these Cobo Account Terms (including all Annexes) carefully, as they are binding and govern your access and use (including that of the organizations you represent or obtain authorization from, access, on behalf, or for the benefit, of) of the Cobo Platform, Cobo Account, Cobo Wallet and Services, along with any applicable terms for any specific Cobo Wallet and Services (“Service Terms”) as well as Third-party Terms. If these Cobo Account Terms conflict with any such Third-party terms, these Cobo Account Terms will control to the extent of the conflict and solely in relation to your use and/or access of the Cobo Platform, Cobo Account, Cobo Wallet and Services.

By accessing or using your Cobo Account, Cobo Platform, Cobo Wallet and Services, you agree to these legally binding and enforceable Cobo Account Terms with Cobo.

1.2 These Cobo Account Terms may change at any time and without notice, including updates to (a) reflect changes to our services and platforms or how Cobo does business; (b) reflect the addition of new services, features, technologies, or offers; (c) address legal, regulatory, or security developments; or (d) prevent harm to the Cobo Platform, Cobo Account, Cobo Wallet or Services or to those using them; and (e) where required by Applicable Law. Any changes or modifications to these Cobo Account Terms will be effective immediately upon Cobo posting any updated versions on the Cobo Platform. Your continued access or use (including that of the Company you represent, access, on behalf, or for the benefit, of) of the Cobo Account, Cobo Platform, Cobo Wallet and/or Services shall constitute your acceptance (including that of the company you represent, or access, on behalf, or for the benefit, of) of such changes or modifications to these Cobo Account Terms.

1.3 You acknowledge and agree that:

(a) these Cobo Account Terms which form part of the Agreements apply to you and to your Authorized Persons;

(b) if you or an Authorized Person do not agree to these Cobo Account Terms or any term of the Agreements, you or the Authorized Person shall not use the Cobo Platform or access your Cobo Account; and

(c) you are responsible for ensuring that each Authorized Person is given a copy of these Cobo Account Terms, the Agreements, Cobo’s privacy policy, and/or any statement, circular, notice which is made available to you by Cobo from time to time.

(d) when we refer to you in these Cobo Account Terms, we are also referring to your Authorized Persons, officers, employees, contractors, agents, end users, affiliates, and anyone else who uses your Cobo Account and/or Services provided to you.

2. COBO ACCOUNT

2.1 Application of a Cobo Account

(a) If you are a new user and want to use the Cobo Platform, you must (i) apply for a Cobo Account, and (ii) provide such information and documents as Cobo requests.

(b) The information and documents that you provide upon Cobo’s request must be complete, accurate and up-to-date.

(c) Except where prohibited by Applicable Law, all information and documents provided to Cobo must be in the English language (including such information and/or documents as may be required by us from time to time for compliance with Applicable Law) or, any language otherwise approved by us, in order to process your Cobo Account application. If the document you provide is not in the English language, you may be required to provide a certified English translation. Except where prohibited by Applicable Law, Cobo shall not be responsible for the translation of any non-English documents and shall not be obliged to process or review any documents that are not in the English language.

(d) In the event the information and document (for the purpose of applying for a Cobo Account) ceases to be complete, accurate or up-to-date, you must provide such revised or updated information and document to Cobo without delay.

(e) Subject to the Services provided by Cobo to you and/or relevant Applicable Law requirements, different eligibility criteria may apply between clients or users. Cobo may refuse, in our sole discretion, to approve your application for any reason. Unless required by Applicable Law, Cobo does not need to give reasons for refusing or accepting an application. Cobo is also entitled, in our sole discretion, to change the eligibility criteria for application or use of the Cobo Account, Cobo Platform, Cobo Wallet or Services at any time.

(f) If you are an existing user of certain Services which are provided by an affiliate(s) of Cobo and wish to subscribe to a new service on the Cobo Platform, you agree that the relevant affiliate(s) may share the onboarding documents which you provided previously for the application, with the Cobo Group.

(g) Cobo may confidentially verify, supplement, or append the information you provided or obtain information on you by itself or through third parties. By agreeing to these Cobo Account Terms, you acknowledge that Cobo or a third party on our behalf may verify, supplement, or amend your information for any reason including for the up-to-date maintenance of its records or to comply with applicable reporting obligations.

(h) At the time you make an application or any time in the future after you have made an application, you authorize us to undertake electronic identification verification checks on you (and the company you represent), either directly or using relevant third-party service providers. When we conduct our verification checks per Clause 2.1(g) or (h), you acknowledge and understand that your personal data, and that of any Authorized Persons, may be disclosed to identity verification, compliance data recording, credit reference, fraud prevention, or financial crime agencies for the purpose of conducting these checks. You can review our Privacy Notice provided at Clause 9.4 for more information on how we process your personal data.

(i) If at any time Cobo believes that your information or documents are incomplete, outdated, or inaccurate, Cobo may contact you and request further information or request that you go through the verification process again. Failure to complete any step of the application process or provide up-to-date information or document may result in your inability to or adversely affect your access to your Cobo Account and the use of the Cobo Platform. You undertake to indemnify the Cobo Group for any and all Loss incurred as a result of your failure to provide complete, accurate, and up-to-date information at any point prior to and following the termination of Services.

(j) If Cobo approves your application:

(i) the terms on which you may use your Cobo Account, Cobo Platform, Cobo Wallet and Services are set out in these Cobo Account Terms and the Agreements subject to the Services you subscribed to.

(ii) subject to your full compliance with these Cobo Account Terms, and the relevant Agreements, Cobo grants to you a limited, non-exclusive, non-sublicensable (except to your Authorized Persons as permitted under these Cobo Account Terms), non-transferable right to use the Cobo Platform and access your Cobo Account, Cobo Wallet and Services solely for the purpose of storing and managing your Digital Assets, and/or any other approved purposes as permitted by us; and

(iii) you may only use your Cobo Account, Cobo Platform, Cobo Wallet and Services made available to you by Cobo for your own use.

2.2 You agree that before using or accessing your Cobo Account, Cobo Platform, Cobo Wallet or receiving Services, in any country or territory, you will ensure that you would not be breaking any laws, rules or regulations in such country or territory by doing so. If you become relevant or have a relevant connection to a particular jurisdiction, additional (or different) terms and conditions may apply as notified by Cobo at any time.

2.3 Establishing a Cobo Account

(a) Cobo may open a Cobo Account in your name following receipt of an application in accordance with clause 2.1.

(b) Cobo has the sole discretion as to the opening, operation and closure of a Cobo Account or Cobo Wallet or any Services. Without limiting the terms of the Agreement, we may, at any time, without liability:

(i) vary, suspend or close a Cobo Account or Cobo Wallet or any Services provided via such Cobo Account or Cobo Wallet;

(ii) specify or vary the scope and extent of a Cobo Account, Cobo Wallet, Cobo Platform or any Services provided thereunder;

(iii) prescribe or restrict or suspend or close any specific Services (including any specific Digital Assets) supported in respect of a Cobo Account, Cobo Wallet or Cobo Platform;

(iv) set or vary any limit regarding a Cobo Account or Cobo Wallet or Cobo Platform or Services; or

(v) restrict or impose conditions or limits on a Cobo Account or Cobo Wallet or Cobo Platform or Services.

(c) Subject to Cobo’s discretion and operational requirements, you may not hold more than the number of Cobo Accounts as approved by Cobo.

(d) Your Cobo Account is established and maintained by Cobo for the sole purpose of providing you with the Cobo Platform and Services and recording relevant transactional information of the relevant Supported Digital Assets. In no circumstances shall a Cobo Account be interpreted as a banking service of any kind.

(e) By establishing a Cobo Account, Cobo Wallet and/or using the Cobo Platform or Services, you are entering into a binding contract with Cobo and shall be deemed to have expressly read, understood and agreed to be bound by these Cobo Account Terms and the provisions of the Agreements subject to the Services you subscribed.

2.4 Cobo Account requirements

(a) In addition to any other requirements which we may impose in respect of your Cobo Account from time to time, you must, promptly:

(i) supply such information, documentation and authorization as requested by us in order for us to carry out all necessary “know your customer” checks and AML/CTF Requirements and comply with all Applicable Law.

(ii) notify Cobo in writing of any change in any information, documentation, or authorization provided to Cobo, including any information provided in connection with the Agreements or Cobo Account, and submit appropriate supporting information and/or documents relating to such change.

2.5 Cobo Account details and access

(a) Cobo may issue you with certain log-in details or access methods for your Cobo Account.

(b) You are responsible for keeping your log-in details, password, access method, wallet address(es), and any other account information and log-in credentials confidential so that your Cobo Account cannot be accessed or used without your permission.

(c) You must comply with any and all specifications which Cobo makes in relation to your use of the Cobo Account, Cobo Wallet, Cobo Platform and/or Services. This includes any authentication and other security procedures.

(d) Where applicable and subject to Cobo’s determination in its sole discretion, Cobo may offer you Services, and/or access to a Cobo Account, Cobo Wallet, Cobo Platform and/or Services for a limited period on a trial basis for free (“Trial Period”). Cobo will not charge you for such Services until the end of the Trial Period or the start date of the subscription signed up by you, whichever occurs earlier. For the avoidance of doubt, your usage and/or access of the Services, Cobo Account, Cobo Wallet, and/or Cobo Platform during this Trial Period shall be bound by these Cobo Account Terms unless provided hereunder otherwise.

You understand that (i) it is your responsibility to transfer out any and all Digital Assets and (ii) your access to such Cobo Account, Cobo Wallet, Cobo Platform and/or Services may be suspended and/or terminated, upon the expiry of the trial period. Notwithstanding the foregoing, and to the maximum extent permitted by Applicable Law, Cobo offers no warranty for and will have no liability arising from or in connection with the Services offered to you during the Trial Period and/or the suspension or termination of your access to any Cobo Account, Cobo Wallet, Cobo Platform and/or Services upon expiry.

2.6 Cobo Account operations

(a) Without limiting Cobo’s other rights or obligations under the Agreement, and subject to Applicable Law:

(i) you may transfer in, out, or within any Cobo Wallet associated with your Cobo Account, Digital Assets in connection with your use of the Cobo Platform and Services, in accordance with the methods as designated by Cobo; and

(ii) Cobo may record the transactional information of the Supported Digital Assets being transferred in, out or within any Cobo Wallet associated with your Cobo Account in connection with your use of the Cobo Platform.

(b) Only relevant Supported Tokens and Chains are permitted for use in connection with your Cobo Account. Cobo retains sole discretion to determine when and if a Digital Asset is a Supported Digital Asset, as well as when and if a Supported Digital Asset ceases to be a Supported Digital Asset. You acknowledge and understand that Cobo is under no obligation to provide you with any reasons in respect of any determination.

For Supported Tokens and Chains of Custodial Wallet, you shall refer to https://manuals.cobo.com/en/portal/supported-tokens-custodial.

For Supported Tokens and Chains of MPC Wallet, you shall refer to https://manuals.cobo.com/en/portal/supported-tokens-mpc.

(c) If you transfer any Digital Asset which is not the Supported Tokens and Chains, such Digital Asset may not be received and/or recorded (due to incompatibility with the infrastructure of the Cobo Platform) and may be permanently lost. You acknowledge and understand that (i) Cobo may, in its sole and absolute discretion (but under no obligation) use commercially reasonable effort, and at your sole costs and expenses, attempt to recover such Digital Asset; and (ii) additional (or different) terms and conditions may apply as notified by Cobo. Cobo shall not be liable for any Losses incurred by you in the event you have transferred any Digital Assets apart from the Supported Tokens and Chains.

(d) You must not transfer Digital Assets to Cobo unless:

(i) you are the lawful, legal and beneficial owner of such Digital Assets;

(ii) you have the absolute right to assign, convey, transfer and deliver the Digital Assets; and

(iii) the Digital Assets are free of any encumbrance.

(e) Any transfers and/or transactions of Digital Assets made in connection with your Cobo Account shall be made in accordance with the Cobo Manuals and/or any of the instructions otherwise provided or made available to you by Cobo, and subject to (i) Cobo’s discretion to accept or reject such transfer and/or transaction, and (ii) Cobo’s assessment that such digital address/wallet is not a blockchain address that appears in a list of addresses owned by a Proscribed Person.

(f) In addition to the requirements in subclause 2.6(e), any transfer of the Digital Assets recorded in your Cobo Account must be to a digital address that is (i) compatible with the relevant Supported Tokens and Chains; and (ii) not a Proscribed Address.

(g) It is your responsibility to ensure that you provide Cobo with correct and accurate digital address details. You understand that if you provide incorrect or inaccurate digital address details, or if you are unable to access the digital address provided, your Digital Assets may be permanently lost and Cobo takes no responsibility or liability whatsoever for any Loss incurred by you or any third-party.

2.7 Cobo Account operating authority

(a) You must demonstrate to Cobo that you are a legal person, an authorized representative of the company or party you represent or access, on behalf, or for the benefit, of and give Cobo the necessary account operating authority details for each Authorized Persons.

(b) Cobo will then act on, and in accordance with, the account operating authority until you vary (by removing or adding Authorized Persons) or cancel it.

(c) If you want to vary the account operating authority by changing either the Authorized Persons or the method of operation, or cancel the authority, you may do so by logging in to your Cobo Account or any other method as designated by Cobo, from time to time. Cobo may request you to give your instructions (i) in writing executed by an authorized representative (such as your director), or (ii) by any other methods otherwise specified in the Agreements or as designated by Cobo from time to time. Upon receipt of your instructions (by using any method approved by us), Cobo will arrange to vary or cancel the authority. Such variation or cancellation becomes effective within a reasonable time after Cobo accepts your instructions and will aim to notify you once the variation or cancellation is effective.

2.8 Instructions

(a) You authorize Cobo to accept and act upon the instructions given by you or your Authorized Person in connection with your Cobo Account and/or Services. You confirm that each Authorized Person has the power to give instructions on your behalf. You will and will procure that each of your Authorized Persons will, comply with any requirements we reasonably impose in relation to the instructions and Applicable Law.

(b) Cobo is entitled to rely on any instructions given or purported to be given by the Authorized Person(s) and/or any of your authorized representative(s) (including but not limited to your directors) in accordance with his or her authority.

(c) You acknowledge and accept full responsibility for the security and authenticity of all instructions sent via your Cobo Account and agree to be bound by all such instructions.

(d) You acknowledge and agree that once an instruction is given, it cannot be revoked and if acted on by Cobo, such instruction will be binding on you. Cobo is under no obligations to verify that such instructions are in fact given by you or your Authorized Persons.

2.9 Payment methods

(a) The fees payable to us under each Service, if any, will be stipulated in the Service Terms applicable to each Service.

(b) You must settle all amounts payable by you to us by way of the payment method(s) as permitted by Cobo, from time to time, which may include:

(i) via Fee Station – where we will record any amounts of permitted Digital Assets or fiat currencies pre-funded and deposited to your Fee Station, and deduct any fees and/or costs as required in respect of an invoice, a transfer and/or transaction in accordance with the Agreements; and/or

(ii) by any other payment method(s) which is made available to you by Cobo, from time to time.

3. YOUR RIGHTS AND LIMITATIONS TO LICENCE USE

3.1 You agree that:

(a) you will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way, exploit any of Cobo’s products, Services, Cobo Account, Cobo Wallet and/or Cobo Platform;

(b) disassemble, decompile, reverse-engineer or otherwise attempt to derive the source code, object code underlying concepts, ideas and algorithms of the Cobo Account, Cobo Wallet and/or Cobo Platform and Services;

(c) facilitate any viruses, trojan horses, worms or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept, or expropriate any system, data or information in connection with the Cobo Account, Cobo Wallet and/or Cobo Platform and Services;

(d) all rights, title and interest in the Services, Cobo Platform and any and all associated software, and technology, content, data, information, including all intellectual property rights therein, are and shall remain with Cobo;

(e) no right or interest in the Services and Cobo Platform is conveyed other than the limited licenses granted pursuant to these Cobo Account Terms and the provisions of the Agreements; and

(f) all rights not expressly granted in these Cobo Account Terms are reserved.

3.2 When operating your Cobo Account, you must:

(a) ensure that your Environment and any relevant devices are technically compatible with, are used and maintained in good order and are suitable for use with, the Cobo Platform and Services;

(b) maintain adequate security measures over your Environment and devices, so as not to permit anyone other than you or your Authorized Persons from accessing or operating your Cobo Account;

(c) run any such tests and provide any data as Cobo reasonably request for the purpose of establishing and approving your Cobo Account;

(d) carry out virus, rootkit, keylogger, and other malware checks of your Environment and devices on a regular basis;

(e) inform Cobo immediately of any unauthorized access to your Cobo Account or any unauthorized transaction and/or activity; and, if within your control, cause such unauthorized access to cease

(f) not send, distribute, or upload, in any way, data or materials that contain malfunctions, malware, viruses or other such deficiency or harmful components that may impair or damage the operation of your Cobo Account, Cobo Platform and/or any Services;

(g) if you become aware of any material defect, malfunction, malware, virus or other such deficiency in your Cobo Account, the Cobo Platform and/or any Services, or that there has been unauthorized access to your Cobo Account, notify Cobo immediately of such deficiency; and

(h) obtain and install all applicable hardware, software, updates, patches which are necessary for your use of and access to your Cobo Account, Cobo Wallet and Cobo Platform and Services.

3.3 In addition to any other rights under these Cobo Account Terms, Cobo may suspend, terminate and/or replace a Cobo Account at any time and without notice to you if Cobo believes this is necessary or desirable to enable Cobo to comply with Applicable Law.

3.4 Without limitation to other terms and conditions of the relevant Agreements, Cobo reserves the right to withdraw or suspend your right to use, or refuse to make available to you, your Cobo Account, Cobo Wallet, Cobo Platform, and any Services (in part or in whole) at any time without prior notice to or any consent from you and without assigning any reason if:

(a) you have provided incorrect, incomplete, or misleading information or made an incorrect or misleading representation or warranty to any member of the Cobo Group;

(b) you have not provided all documents and information requested by any member of the Cobo Group or satisfied any pre-condition imposed on the Cobo Platform; or

(c) you have not provided sufficient evidence that meets Cobo Group’s eligibility criteria for the use of your Cobo Account, Cobo Wallet, Cobo Platform and Services;

(d) you have breached any representations and warranties provided herein;

(e) the Cobo Platform or any Services, may:

(i) not comply with Applicable Law;

(ii) be being used to circumvent any Applicable Law; or

(iii) result in the Cobo Group being associated with a Proscribed Person or Proscribed Address.

4. INTELLECTUAL PROPERTY RIGHTS

4.1 The Cobo Platform, Cobo Account, Cobo Wallet and Services, document, materials, and their entire contents, features, technology and functionality (including all information, content, software, text, displays, images, video, audio, service marks, and the design, selection and arrangement thereof) (“Intellectual Property”), are owned by Cobo, its licensors or other providers of Intellectual Property and are protected by local and international Intellectual Property Rights. You acknowledge that Cobo, its licensors, or other providers own the Intellectual Property, and you agree not to use any Intellectual Property without the express prior consent of Cobo, or respective licensor or provider.

4.2 The Intellectual Property may not be copied, modified, reproduced, republished, downloaded, publicly displayed, encoded, translated, transmitted, or distributed in any way (including by mirroring the Intellectual Property), in whole or in part, without the express prior written permission of Cobo, except as is expressly provided for in these Cobo Account Terms. Any unauthorized use of the Intellectual Property is prohibited.

4.3 You will:

(a) not allow or permit any person to infringe, violate, misappropriate, use the Intellectual Property or otherwise deal with them for the benefit of any other person or in any way that is not specifically contemplated by these Cobo Account Terms or the Agreements (including by way of downloading, copying, reproducing, adapting, publishing, selling, or distributing them) without our express written consent, which Cobo may reject or grant at our own discretion, with or without conditions;

(b) keep all Intellectual Property strictly confidential, except to the extent that they are already in the public domain (other than through a breach of these Cobo Account Terms, the Agreements and/or any other obligation of confidence);

(c) respect and protect all rights, title and interest (including any Intellectual Property Rights) in the Intellectual Property;

(d) not, without our prior written consent, commercialize and/or profit from the Intellectual Property and/or any proprietary information belonging to the Cobo Group; and

(e) not, without Cobo’s prior written consent, extract any data, attempt to modify or interfere with the Cobo Account, the Service, the Cobo Platform, the Intellectual Property and/ or its functionalities by using data mining, robot, spider, crawler, scraper, script, browser extension, offline reader, or other automated means or interface.

4.4 You undertake that you, without limiting any other restrictions, will not, and will not attempt to:

(a) tamper with, modify, adapt, translate, de-compile, reverse-engineer or otherwise alter in any way;

(b) gain unauthorized access to, make unauthorized use of or make use of for any illegal purpose (or any other purpose that is not contemplated in these Cobo Account Terms and/or the Agreements); or

(c) remove, erase or tamper with any copyright or proprietary notice printed or stamped on, affixed to or encoded or recorded on

any Intellectual Property.

4.5 Cobo is not obliged to provide any adaptations, enhancements and/or modifications to the Cobo Platform or any Services, including any updates, patches, bug-fixes and/or upgrades to the Cobo Platform or Services, or any new versions and/or releases of the Cobo Platform or the Services which incorporate new features and functions.

4.6 You acknowledge that any member of the Cobo Group and/or other third parties may take legal action against you if you breach this clause 4 at any time, or if we or such third parties suspect that you have done so. You will also be subject to other fines and penalties in any relevant jurisdictions. You undertake to notify Cobo immediately if you become aware of any breach described in this clause 4, or that any action described in this clause 4 is being perpetrated or attempted by another person.

4.7 You may also be required by us to notify the relevant third parties of any breach by you of any of these Cobo Account Terms and/or provisions of the Agreements. You also authorize us to do so on your behalf.

5. RISK DISCLOSURES

You represent and warrant that (a) you are capable of assuming and do assume, all risks associated with these Cobo Account Terms, the provisions of the Agreements, the access to and use of the Cobo Platform and any Services, including but not limited to those risks described in the Risk Disclosure Statements at https://d.cobo.com/public/documents/Risk%20Warning%20Statement.pdf, and (b) you have carefully read, understood and agreed to accept the risks as stated therein.

6. REPRESENTATIONS AND WARRANTIES

You hereby represent and warrant to us, at all times, the following:

a. all documents and information you provide to us are true, accurate, complete, and up to date in all respects, and may be relied upon by us in determining whether or not you are eligible to access Cobo Account, Cobo Platform, Cobo Wallet or use the Services;

b. you have full power, authority, and capacity to (i) access and use the Cobo Account, Cobo Platform, Cobo Wallet or use the Services; and (ii) enter into and deliver, and perform your obligations under these Cobo Account Terms and any agreement entered into pursuant to, or in connection with, these Cobo Account Terms and any Service Terms;

c. if you are a corporation, partner in a partnership, or trustee of a trust, the corporation, partnership or trust has and will be operated in a way that is compliant with Applicable Law, and any partnership or trust deeds (or other like documents);

d. all consents, permissions, authorizations, approvals and agreements of third parties and all authorizations, approvals, permissions, consents, registrations, declarations, filings with any regulatory authority, governmental department, commission, agency or other organization having jurisdiction over you which are necessary or desirable for you to obtain in order to (i) access and use the Cobo Account, Cobo Platform, Cobo Wallet or use the Services; and (ii) enter into and deliver, and perform the actions contemplated under these Cobo Account Terms and any agreement entered into pursuant to, or in connection with, these Cobo Account Terms, have been unconditionally obtained in writing, disclosed to us in writing, and have not been withdrawn or amended;

e. that you are not a Proscribed Person;

f. your access and use of the Cobo Account, Cobo Platform, Cobo Wallet or the Services, your execution and delivery of, and the performance of your obligations under these Cobo Account Terms and any agreement entered into pursuant to, or in connection with, these Cobo Account Terms, will not result in you, or cause us or any third party to, breach any Applicable Law, decree or judgement of any court, or any award of any arbitrator or those of any governmental or regulatory authority in any jurisdiction.

7. DISCLAIMERS

7.1 You acknowledge that Cobo Account, Cobo Platform, Cobo Wallet and/or any part of the Services have not been developed for your customized needs; and you use your Cobo Account, the Cobo Platform, Cobo Wallet and the Services on an ‘as is’ and ‘as available’ basis at your own risk, without any representation or warranty, whether express, implied or statutory.

7.2 Except as expressly provided in these Cobo Account Terms, to the fullest extent permitted by Applicable Law, we disclaim and you waive all other representations or warranties, express or implied, made to you, your affiliates or any other person, including any warranties regarding title, non-infringement, timelines, quality, suitability, merchantability, fitness for a particular purpose or otherwise of any service or any good provided under these Cobo Account Terms.

7.3 Cobo does not represent or warrant that the Cobo Platform, your Cobo Account, Cobo Wallet and/or the Services are compatible with your Environment, or are accurate, complete, reliable, current, error-free, or free of any defects. While Cobo attempts to make your use of the Cobo Platform, Cobo Account, Cobo Wallet and/or the Services safe, we cannot and do not represent or warrant that they are free of viruses or other harmful components.

7.4 Where our liability in respect of the representations and warranties that cannot be excluded is limited, at our option, to any of re-supplying, replacing or repairing the Services in respect of which the breach occurred, or paying the cost of re-supplying, replacement or repairing of the Services in respect of which the breach occurred.

7.5 You understand and hereby agree that Cobo will not be liable for any Loss arising out of or relating to:

(a) any inaccuracy, defect, error, delay, omission, and/or interruption of any information or data relating to the Digital Asset; and/or

(b) any damage incurred by the action, omission or violation of these Cobo Account Terms by another user of the Cobo Platform.

7.6 It is your sole responsibility to ensure that your use of Cobo Account, Cobo Platform, Cobo Wallet and/or the Services is in compliance with the Applicable Law. Any use of the Cobo Account, Cobo Platform, Cobo Wallet and/or the Services which is not in compliance with the Applicable Law shall not be construed to be authorized, agreed, permitted, solicited or otherwise endorsed by Cobo. We disclaim all liabilities arising from or relating to your use of the Cobo Account, Cobo Platform, Cobo Wallet and/or the Services which are not in compliance with the Applicable Law.

8. INDEMNITY

You indemnify and hold Cobo Group, each of the joint venture entities, and their directors, officers, employees, agents, third-party service providers and representatives (each, an ‘indemnified party’), harmless from any claim, demand or Loss (including legal fees and any fines, fees or penalties imposed by any regulatory authority) arising out of or relating to (a) the Agreements; (b) your violation of any Applicable Law of any jurisdiction, or the rights of any third party, (c) your breach of any of the provisions of the Agreements; (d) your use of the Cobo Platform, your Cobo Account, Cobo Wallet and/or the Services; (e) the performance of any of our obligations under the Agreements with respect to you; or (f) any act, error, or omission of your use of your Cobo Account or any user (whether or not an approved Authorized Persons) of your Cobo Account, in connection with the Cobo Platform, Cobo Wallet and/or any Services, including matters related to incorrect, incomplete, or misleading information, libel, infringement of an intellectual property right, in each case except to the extent the Loss is a direct result of the indemnified party’s own gross negligence, fraud or willful misconduct. You must pay the indemnified party on demand, any Loss the indemnified party reasonably incurred in connection with the incidents described herein.

9. CONFIDENTIALITY AND PRIVACY

9.1 Each party must treat as confidential information: (a) these Cobo Account Terms, (b) the terms of the Agreements; and (c) all information provided by the other party in relation to the Agreements, including Cobo’s technical, operational, billing, pricing and commercial information in relation to the supply of the Cobo Account, the Cobo Platform, Cobo Wallet and/or the Services to you.

9.2 A party must not disclose the other party’s confidential information to any person except:

(a) to its affiliates, employees, personnel, professional advisers and Cobo’s service providers on a ‘need to know’ basis provided those persons first agree to observe the confidentiality of the information;

(b) with the other party’s prior written consent;

(c) if required by law, any regulatory authority or stock exchange; or

(d) if the confidential information is independently developed by the receiving party, is lawfully received by the receiving party free of any obligation to keep it confidential or it is in the public domain, other than by a breach of any confidentiality obligations.

(e) You are responsible for providing a copy of Cobo’s Privacy Policy to your affiliates, end users and personnel to the extent required pursuant to Applicable Law or agreements with such parties.

9.3 You acknowledge and agree that disclosing your confidential information to those parties contemplated in clause 9.2(a) above may also involve the Cobo Group disclosing, sharing, transferring, storing and making your confidential information accessible to other third parties.

9.4 Please refer to our Privacy Policy (available at https://www.cobo.com/policy/privacy) for information about how we collect, use and share your information.

10. LIMITATION OF LIABILITY

10.1 Unless any Applicable Law prohibits Cobo from excluding or limiting its liability, or where the loss is directly caused by Cobo’s own gross negligence, fraud or willful misconduct, the Cobo Group and their employees, directors, shareholders, officers, agents, contractors, or representatives are not liable for any Loss incurred in connection with these Cobo Account Terms.

10.2 To the maximum extent permitted by any Applicable Law and without prejudicing the foregoing, the Cobo Group and their employees, directors, shareholders, officers, agents, contractors or representatives shall not be liable for any incidental, indirect, special, punitive, consequential or similar damages or liabilities whatsoever (including without limitation, damages for loss of data, information, revenue, profits or other business or financial benefit) arising out of or in connection with these Cobo Account Terms, any performance or non-performance of the Services hereunder, or any other product, service or other item provided by or on behalf of the Cobo Group, whether under contract, statute, strict liability or other theory even if the Cobo Group has been advised of the possibility of such damages.

10.3 Notwithstanding the foregoing, the liability of the Cobo Group and their employees, directors, shareholders, officers, agents, contractors or representatives arising out of or in connection with the services provided under these Cobo Account Terms, any performance or non-performance of the Services, or any other product, service, or other item provided by or on behalf of the Cobo Group, whether under contract, statute, strict liability or other theory, shall, in all circumstances, be subject to and limited in accordance with the liability provisions expressly set forth in the relevant Agreement(s) governing the Cobo Wallet or any other applicable Services.

11. FORCE MAJEURE

11.1 Cobo is not liable for any Loss incurred in connection with its inability or delay in providing access to the Cobo Account, the Cobo Platform, Cobo Wallet and/or any part of the Services due to a Force Majeure Event or any circumstances beyond its reasonable control. If a Force Majeure Event occurs or any circumstances beyond our reasonable control occur, Cobo may take any action it considers appropriate in connection with these Cobo Account Terms.

12. SUSPENSION AND CANCELLATION OF COBO ACCOUNT OR SERVICES

12.1 Subject to clause 11, you may cancel and/or suspend your access to and/or use of your Cobo Account, the Cobo Platform, Cobo Wallet and/or any Services (in part or in whole), by giving Cobo at least 30 days’ notice, provided that you acknowledge and agree:

(a) to submit a request to Cobo in such manner and form and accompanied by such information and supporting documentation and/or material as may be required by Cobo to request for and effect such suspension or cancellation;

(b) that you will be subject to such terms and conditions as Cobo may consider applicable to such suspension or cancellation; and

(c) that if, at the time of the submission of your Cobo Account closure request, your Cobo Account has any outstanding or ongoing obligations, commitments or activities, or any amount due to Cobo, Cobo shall not be obliged to process such closure request until all such obligations, activities, or commitments have been discharged or expired.

12.2 Without limiting the terms of the Agreements, Cobo may limit, suspend or cancel a Cobo Account or Cobo Wallet or a Service, or otherwise your access to the Cobo Platform (in part or in whole), at any time without notice to you, if in our reasonable opinion:

(a) the supply or use of your Cobo Account, the Cobo Platform or Cobo Wallet or any Services breaches or is likely to breach any Applicable Law;

(b) the provision of your Cobo Account, the Cobo Platform or Cobo Wallet or any Services is likely to cause death or personal injury or damage to property; or

(c) you breach any terms, conditions, policies, instructions displayed on the Cobo Platform or otherwise communicated to you by Cobo.

12.3 Without limiting the terms of the Agreements, Cobo may limit, suspend or cancel a Service at any time, without notice and without liability to you, if:

(a) you do not pay any undisputed amounts due for that Service by the due date; or

(b) an administrator, receiver, liquidator or provisional liquidator is appointed to you or a petition filed or notice given in connection therewith or a winding up, or you make a proposal for or resolve to enter into any settlement, moratorium or similar arrangement for the benefit of your creditors or any class thereof, or you are unable to pay your debts when they are due.

12.4 Where a Cobo Account and/or any part of a Service has been suspended or cancelled due to your breach under clauses 12.2 and 12.3, Cobo may require you to pay a re-activation charge if your Cobo Account and/or any Service is re-activated.

12.5 If Cobo needs to modify or exit a Service from the market, then Cobo may, but is not obliged to, migrate you to the modified service or an alternative service after giving you at least 45 days’ notice in case of any material modifications or cancel the Service after giving you at least 90 days’ notice.

13. TERMINATION

13.1 If you commit a material breach of these Cobo Account Terms (including non-payment of any amounts due by the due date) and do not remedy the breach immediately (or within any period otherwise agreed by Cobo in writing) after receiving a notice to do so, then Cobo may terminate these Cobo Account Terms or the relevant Service.

13.2 If these Cobo Account Terms are terminated or a Service is cancelled for any reason, (a) you must pay Cobo all outstanding amounts (including the early termination charges) due to Cobo immediately (or within any period otherwise agreed by Cobo in writing) upon receipt of the termination notice, and (b) all rights a party has accrued before termination or cancellation continue.

13.3 If these Cobo Account Terms terminate for any reason, clauses 7 (DISCLAIMERS), 8 (INDEMNITY), 9 (CONFIDENTIALITY AND PRIVACY), 10 (LIMITATION OF LIABILITY), 13 (TERMINATION), 14 (GENERAL) and 15 (INTERPRETATION AND DEFINITIONS) and similar clauses included in the Agreements, or which by their nature extend beyond the expiration or termination of these Cobo Account Terms, shall continue in full force and effect.

13.4 The early termination charges which we may charge you are a genuine pre-estimate of the loss Cobo is likely to suffer.

14. GENERAL

14.1 These Cobo Account Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands. To the extent permitted by Applicable Law, you agree to waive your rights to a jury trial and to have any dispute arising out of or related to these Cobo Account Terms, your Cobo Account, Cobo Wallet, the Cobo Platform, and/or the Services. Instead, for any dispute or claim that you have against any member of the Cobo Group or relating in any way to these Cobo Account Terms, the provision of the Agreements, and/or the Services, you agree to first contact Cobo and attempt to resolve the claims or disputes informally by sending a written notice of your claim to Cobo by email at [email protected].

Such email must:

(a) include your contracting entity name in full, registered address, contact person’s email address, and contact number (where applicable);

(b) describe the nature and basis of the claim; and

(c) set forth the specific relief sought.

If you and Cobo are unable to reach an agreement to resolve the claim within 14 days after receipt of such email, then either party may submit the dispute/ its claim to the Hong Kong International Arbitration Center for arbitration, unless otherwise stated in the relevant service agreements.

14.2 To the extent permitted by the Applicable Law, these Cobo Account Terms prevail to the extent that it is inconsistent with the Applicable Law. Any present or future law which operates to vary the obligations of Cobo in connection with these Cobo Account Terms and/or the provisions of the Agreements with the result that Cobo’s rights, powers or remedies are adversely affected is excluded except to the extent that its exclusion is prohibited or rendered ineffective by Applicable Law.

14.3 If any clause (in whole or in part) is held to be illegal, invalid or unenforceable under the current Applicable Law, that clause or part of that clause is to be regarded as having been deleted from these Cobo Account Terms and the remaining of these Cobo Account Terms otherwise remains in full force and effect.

14.4 Unless otherwise provided by Applicable Law, no waiver under these Cobo Account Terms is effective unless it is in writing, identified as a waiver to these Cobo Account Terms, and signed by an authorized representative of Cobo waiving its rights. Any failure or delay in exercising any right, remedy, power, or privilege or in enforcing any condition under these Cobo Account Terms, or any act, omission, or course of dealing between the parties, shall not constitute a waiver or estoppel of any right, remedy, power, privilege or condition arising from these Cobo Account Terms.

14.5 You authorize Cobo to deliver all communications, agreements, documents, notices, disclosures and confirmations to you through the Cobo Platform or any other communication method and electronic means as we deem fit. Notices to Cobo shall be sent electronically to [email protected].

14.6 Cobo may identify you as a client, use your name, logo, and/or quote your statements in the promotional materials which may include product literature, press release(s), social media, case studies and other marketing materials. You may use Cobo's name and logo in your promotional materials provided that such use shall abide by Cobo’s branding guidelines as designated by Cobo, as may be updated from time to time by Cobo, and has been reviewed and approved by Cobo in writing.

14.7 You may transfer, assign, or novate your rights or your obligations under these Cobo Account Terms to another person with Cobo’s prior written consent. Cobo may assign, transfer, or otherwise deal with the rights and obligations as we see fit and does not need to obtain your prior written consent, nor notify you. To the extent that any consent is required under the Applicable Law to effect a relevant dealing, you agree that this clause is deemed to serve that purpose.

14.8 These Cobo Account Terms do not create or confer any rights or benefits enforceable by any person who is not a party to it except (a) a member of the Cobo Group, and any other indemnified party may enforce its rights or benefits in these Cobo Account Terms, including any indemnity, limitation or exclusion of liability; and (b) a person who is a permitted successor or assignee of Cobo’s rights or benefits of these Cobo Account Terms may enforce those rights or benefits.

15. INTERPRETATION AND DEFINITIONS

15.1 In these Cobo Account Terms, the following definitions and rules of interpretation apply unless otherwise defined:

Agreements mean the agreements entered between you and the relevant member(s) of the Cobo Group, subject to the services and / or platforms you access or use or otherwise made available to you by us, which may be made up of the following documents:

(a) these Cobo Account Terms;

(b) the Cobo Account Privacy Policy;

(c) the relevant service agreement you entered with the relevant member(s) of the Cobo Group in relation to the use of and access to the Cobo Platform, Cobo Wallet and/or the Services.;

(d) any addendum which governs the additional products and/or services offered through the Cobo Platform; and/or

(e) any other rules, notifications, guidelines, terms, agreements or other documents designated by Cobo to form part of the Agreements.

AML/CTF Requirements mean any Applicable Law pertaining to money laundering, terrorism financing, bribery, corruption, tax evasion, fraud, the trafficking of arms, drugs, humans or wildlife, slavery, proliferation of weapons of mass destruction, or Sanctions.

Applicable Law means any and all laws, regulation, rules, notices, orders, bye-laws, rulings, directives, circulars, guidelines, practice notes and interpretations, and any other formal or informal expectations (whether mandatory or otherwise), whether of a governmental body, regulatory or other authority, market, exchange, clearing house or self-regulatory organizations, which may be relevant or applicable to your use of the Cobo Platform, your Cobo Account, Cobo Wallet and Services.

Authorized Person means the person(s) that you authorize, and Cobo approves to act on your behalf, with the access rights and operating authority as assigned by you, in operating the Cobo Account or performing any other act in connection with the Agreement.

Cobo means Cobo Technologies Limited, a company incorporated in the British Virgin Islands.

Cobo Account means an account that is established by Cobo in your name for the purposes of accessing and using the Services, which is made available through the Cobo Platform.

Cobo Group, we, us means Cobo and any person, entity or company that (directly or indirectly through one or more intermediaries), is in Control of Cobo, is Controlled by Cobo, or is under common Control with Cobo, which may include:

(a) Cobo Global HK Limited;

(b) Cobo Global Limited;

(c) Cobo Technologies HK Limited;

(d) Cobo Singapore Pte. Ltd.

(e) Cobo Singapore Technology Pte. Ltd.;

(f) Cobo America Limited;

(g) Cobo Fintech HK Limited; and

(h) Other Cobo Group entities designated from time to time

For the purpose of these Cobo Account Terms, the Control of a person includes the power to directly or indirectly (i) determine the management or policies of the person, (ii) control the membership of the board or other governing body of the person; or (iii) control the casting of more than one half of the maximum number of votes that may be cast at a general meeting of the person, regardless of whether the power is in writing or not, enforceable or unenforceable, expressed or implied, formal or informal or arises by means of trusts, agreements, arrangements, understandings, practices or otherwise.

Cobo Manuals means the product manuals at https://manuals.cobo.com/en/portal/introduction.

Cobo Platform means any website, application, portal, API, mobile application or browser extension, other related online or offline platform(s) supplied by Cobo Group to you through which you may obtain any Services from us, and/or other means as determined by Cobo in its sole discretion.

Cobo Wallet means a digital wallet that is provided to you by Cobo referred to in these Cobo Account Terms, for you to operate under your Cobo Account, including but not limited to Cobo’s custodial wallet, MPC wallet, smart contract wallet and exchange wallet.

Digital Assets mean a type of encrypted virtual monetary assets which are based on blockchain technology and exist in the form of electronic data.

Environment means any and all your network, infrastructure, systems, premise and/or any other environment which may, directly or indirectly, connect to and/or communicate with the Cobo Platform.

Force Majeure Event means any event that is beyond Cobo’s reasonable control and prevents it or delays Cobo from performing Cobo’s obligations under these Cobo Account Terms (including delay, failure or interruptions in, or unavailability of third-party services and sites).

Intellectual Property has the meaning given to it under clause 4.1.

Intellectual Property Rights mean any and all present and future intellectual property rights, conferred by statute, at common law or in equity and wherever existing, including:

(a) patents, inventions, concepts, discoveries, designs, copyright, moral rights, trademarks, service marks, trade names, brand names, business names, product names, domain names or rights in designs, art, images, drawings, know how, product names, trading styles, get-up, processes, methodologies, trade secrets and any other rights subsisting in the result of intellectual effort in any field, whether or not registered or capable of registration;

(b) any application or right to apply for registration of any of these rights or other rights of a similar nature arising under statute or at common law anywhere in the world;

(c) other intellectual property as defined in Article 2 of the Convention Establishing the World Intellectual Property Organization 1967;

(d) any registration of any of those rights or any registration of any application referred to in paragraph (b); and

(e) all renewals and extensions of these rights.

Loss includes any direct, indirect, or consequential loss, damage, demand, claims, liabilities, costs, expense, judgements, fines and penalties.

Proscribed Address means:

(a) any blockchain address that appears in a list of addresses with which dealings are proscribed by the United Nations or another applicable government agency or relevant authority under Applicable Law, or is part of a group of addresses that appears in such a list; and

(b) without limiting the generality of this definition, an address stated on the lists published by the United States Office of Foreign Assets Control (OFAC) and those designated as such under the United States List of Specially Designated Nationals and Blocked Persons, Foreign Sanctions Evaders List, Entity List, Denied Persons List, Debarred List, Australia’s Consolidated List, the UK Consolidated List and the EU Consolidated List of Persons, Groups, and Entities Subject to EU Financial Sanctions.

Proscribed Person means a person or entity who appears to Cobo to:

(a) be in breach of any AML / CFT Requirements of any jurisdiction;

(b) appear in a list of persons with whom dealing are proscribed by the United Nations or another applicable government agency or a regulatory authority under Applicable Law; or

(c) act on behalf, or for the benefit of, any person described in paragraph (a) or (b).

Services means any application, service, feature, content, technology, software and/or platform provided by the Cobo Group to you with or without payment, through the Cobo Platform, Cobo Account, Cobo Wallet and any update, upgrade, modification and/or replacement thereto.

Supported Chains and Tokens, Supported Digital Assets means any token, coin, cryptocurrency, and/or other digital asset, and blockchain network which is recognized and supported by Cobo Platform which may be subject to change and updates, in our sole discretion, from time to time.

Sanctions means any applicable US and non-US export control and economic sanctions laws, regulations, embargoes or restrictive measures imposed by the United Nations Security Council and/or Hong Kong, the Cayman Islands, Singapore, the United States of America, the United Kingdom of Great Britain and Northern Ireland, the European Union or its member states or by any other jurisdiction where Cobo Platform is available for service.

Third-party Terms mean any third-party terms you (or the organization you represent, access, on behalf or for the benefit of ) may have agreed to as part of using your Cobo Account, Cobo Platform, Cobo Wallet and/or receiving the Services (such as terms for the Apple App Store, Google Play, and/or any third party or external platforms, such as the exchanges, if applicable).