Fasset Tag Waitlist Campaign Terms and Conditions

Dated: 21 September 2026

These Terms and Conditions for the Fasset Tag Waitlist Campaign (“Terms”) form a valid, binding and enforceable contract between you and Fasset (which term shall, unless repugnant to the context, also include Fasset Group).

By accessing or participating in the Marketing Activity, the User agrees to read, acknowledge, and accept these Terms. The User further agrees that these Terms shall be read together with, and form an aggregate part of, the User Agreement and the Privacy Policy (collectively “Aggregates”). By continuing to use the Marketing Activity, the User confirms their acceptance of these documents in their entirety and agrees to be bound by their terms as an integrated and comprehensive set of conditions governing the engagement with the Marketing Activity.

The Aggregates are indispensable integral parts of these Terms. Any matter or aspect not specifically addressed or regulated within the confines of these Terms shall be governed by and subject to the terms and conditions outlined in the Aggregates.

Fasset is entitled to amend, add or reduce these Terms as Fasset thinks necessary. You are required to check these Terms frequently. If you do not agree to be bound by these Terms and the Aggregates, you cannot participate in the Marketing Activity.

Any formal communication with you will be undertaken through electronic mail, pop-up messages on the Platform, notifications on the Platform, and/or other forms of communications accessible to you when signing up to Fasset (“Communication”).

In the event of any inconsistency between campaign communications circulated through email, push notifications, paid advertisements, landing pages, creator or affiliate content, on-ground activations or other promotional materials and these Terms, these Terms shall prevail to the extent of the inconsistency.

1. Definitions

1.1. “Affiliates” refers to any entity that directly or indirectly controls, is controlled by, or is under common control with Fasset. For the purposes of this definition, “control” means the ownership of, or the power to vote, more than fifty per cent (50%) of the voting stock, shares, or interests of the entity or the ability to direct the management or policies of the entity, whether through ownership, contract or otherwise. The term “Affiliates” includes, but is not limited to, parent companies, subsidiary companies, sister, or related companies (entities controlled by the same parent company), and any other business entities in which Fasset holds a significant ownership interest or exerts significant influence over management and operations. This also includes all Employees, contractors, agents, or representatives acting on behalf of Fasset or any affiliated companies or entities as described above. Unless expressly stated otherwise, any reference to Fasset in these Terms shall include its Affiliates. Fasset may fulfil its responsibilities and obligations under these Terms through its Affiliates. When acting on its behalf, the Affiliates shall be subject to the same Terms as Fasset.

1.2. “Aggregates” has the meaning given to it at the start of these Terms.

1.3. “Applicable Law” means all applicable laws (federal, state, provincial and local) and the applicable rules, orders, guidelines, and regulations of any Governmental Authority that, in each case, are applicable or may become applicable to Fasset and the performance of its obligations or exercise of its rights under these Terms or applicable to Participants and the performance of their obligations or the exercise of their rights under these Terms, or, as the context may require, apply to other persons affected by the subject matter of these Terms. Applicable Law also includes but is not limited to any relevant data protection laws in the jurisdiction of the Participant.

1.4. “Communication” has the meaning given to it at the start of these Terms.

1.5. “Dispute” has the meaning given to it in Clause 11.1.

1.6. “Eligible Invitee” means a natural person who (a) is a New User; (b) is at least eighteen (18) years of age; (c) is resident in an Eligible Jurisdiction; and (d) is not the Participant themselves or any person acting on behalf of, or in concert with, the Participant for the purpose of obtaining an Entry.

1.7. “Eligible Jurisdiction” means any jurisdiction in which the Platform is available to the individual and in which participation in the Marketing Activity is lawful and permissible, and excludes any jurisdiction which Fasset notifies as excluded from the Marketing Activity.

1.8. “Employees” refers to all individuals who are employed by Fasset or any of its Affiliates, whether on a full-time, part-time, temporary, or permanent basis, and who receive compensation in the form of wages, salaries, or other remuneration in exchange for their services. This definition includes, but is not limited to, executive officers, managers, administrative staff, technical staff, labourers, and any other individuals who provide services to Fasset under its direction and control. The term “Employees” shall not include independent contractors, consultants, or other persons not directly employed by Fasset or its Affiliates.

1.9. “Entry” means one (1) entry into the Lucky Draw, allocated to a Participant in accordance with Clause 4.3.

1.10. “Fasset” refers to Fasset Labuan Limited, a company duly incorporated and registered under the laws of the Federal Territory of Labuan, Malaysia, having its registered office at Jalan Merdeka, Unit Level 14 (B) & 14 (C), Main Office Tower, Financial Park Labuan Complex, Labuan, Malaysia, and, where the context requires, any relevant entity mentioned in Annexure 1 where a User has been registered as a customer.

1.11. “Fasset Group” means collectively Fasset and all Affiliates and group companies of Fasset as well as any entities which are in control of or are controlled by or are under common control with Fasset.

1.12. “Fasset Tag” means the Fasset Tag feature, product or service made available or to be made available by Fasset on the Platform, access to which is the subject of the Waitlist.

1.13. “Governmental Authority” refers to any relevant domestic or foreign governmental or quasi-governmental authority, statutory authority or quasi-statutory or regulatory authority, department, administrative, monetary, fiscal or judicial body, department, corporation, commission, authority, tribunal, agency or stock exchange or government-owned or government-controlled corporation or any public international organisation, or taxing authority or anybody entitled to exercise executive power or power of any nature over Fasset and/or the Participant hereto, or the transactions contemplated by these Terms.

1.14. “Indemnified Parties” has the meaning given to it in Subclause 6.1(d).

1.15. “Intellectual Property” refers to all copyrights, patents, trademarks, trade secrets, and any other proprietary rights that protect inventions, designs, writings, or any other forms of intellectual creations or any derivative or improvements thereof, recognised as benefiting from laws pertaining to the same in any jurisdiction. This includes any other forms, variations, or versions of intellectual property not yet known. This includes, but is not limited to, the following:

(a) All computer programs, including source code, object code, algorithms, databases, and related documentation;

(b) Any set of instructions, including source and executable codes, used in software development or other technological processes;

(c) Practical knowledge, techniques, skills, methodologies, processes, and practices that are not generally known to the public;

(d) Data, designs, drawings, specifications, manuals, flowcharts, and any other technical documentation;

(e) Any physical or digital components, prototypes, models, samples, or any other tangible or intangible materials used in or resulting from research, development, or creative processes;

(f) Any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof;

(g) Any ornamental or aesthetic aspects of a useful article, webpage, or electronic user interface or experience;

(h) Any words, names, symbols, designs, or combinations thereof used to identify and distinguish goods or services; and

(i) Any information that derives independent economic value from not being generally known to, and not being readily ascertainable by, others who can obtain economic value from its disclosure or use.

1.16. “Intellectual Property Rights” refers to the legal rights granted to the creator or owner of Intellectual Property. These rights provide the creator or owner with exclusive control over the use, distribution, and modification of their intellectual creations, including but not limited to inventions, designs, writings, and any derivative works or improvements thereof.

1.17. “Invite Code” means the unique invite code or invite link made available to a Participant on the Waitlist Page upon joining the Waitlist, by which an invitation to join the Waitlist is issued and attributed to that Participant.

1.18. “KYC” refers to the Know-Your-Customer procedures implemented by Fasset to verify the identity of its Users in compliance with Applicable Laws and regulations in all relevant jurisdictions where Fasset is operating.

1.19. “Lucky Draw” means the single random draw conducted by Fasset at the conclusion of the Promotion Period in accordance with Article 4, from which the Winner is selected.

1.20. “Marketing Activity” refers to all associated promotions, offers, Rewards and campaigns that are organised and conducted by Fasset during the Promotion Period in relation to the Fasset Tag Waitlist Campaign.

1.21. “Marketing Activity Organisers” refers to the individuals, entities, or organisations responsible for planning, managing, and executing the Marketing Activity. This includes the main organising entity or entities, any subsidiaries, Affiliates, Employees, contractors, agents, or representatives acting on behalf of the organising entity or entities, and/or any partners or sponsors delegated specific responsibilities in the Marketing Activity organisation process. This further includes, but is not limited to, any entities performing the following roles and responsibilities:

(a) Establishing the rules and guidelines for the Marketing Activity.

(b) Promoting and marketing the Marketing Activity to potential Participants.

(c) Managing Participant registrations and tracking.

(d) Organising events, workshops and other activities related to the Marketing Activity.

(e) Distributing the Reward to the Winner.

1.22. “New User” means a natural person who has never previously registered for, accessed, or transacted on the Platform using any identity, device, email address, phone number, or payment method that is the same as or linked to an existing or past User account, as determined by Fasset in its sole discretion.

1.23. “Parties” means the User and Fasset collectively. Individually, they are referred to as “Party”.

1.24. “Participant(s)” refers to any individual who satisfies the eligibility criteria set out in Article 3 of these Terms and completes the Qualifying Action. For the avoidance of doubt, a Referrer is not a Participant by reason only of acting as a Referrer, and these Terms do not govern the appointment, remuneration or conduct of Referrers.

1.25. “Platform” refers to the website, any associated websites or mobile sites, mobile applications, and/or APIs owned, controlled, operated, and managed by Fasset.

1.26. “Privacy Policy” refers to Fasset’s privacy policy as set out in https://fasset.io/privacy-policy as applicable to the User.

1.27. “Promotion Period” refers to the period from 22 September 2026 to 30 October 2026 (both dates inclusive), during which the Marketing Activity will occur, unless extended, suspended or terminated earlier by Fasset in accordance with these Terms.

1.28. “Qualifying Action” has the meaning given to it in Clause 4.1.

1.29. “Referrer” means any influencer, content creator, affiliate, community partner, Employee or existing User of the Platform who is granted a tracking code or tracking link by Fasset, or who otherwise promotes the Waitlist, for the purpose of driving sign-ups to the Waitlist. Referrers participate on the basis of separate arrangements agreed with Fasset and are not eligible for the Reward.

1.30. “Reward” has the meaning given to it in Clause 4.4.

1.31. “SIAC” has the meaning given to it in Clause 11.4.

1.32. “SIAC Rules” has the meaning given to it in Clause 11.4.

1.33. “Successful Invite” has the meaning given to it in Clause 4.1(b).

1.34. “UAE” refers to the United Arab Emirates.

1.35. “USD” refers to the currency of the United States of America, the United States Dollar.

1.36. “User” refers to anyone who can access or use the Platform.

1.37. “User Agreement” refers to Fasset’s User Agreement as set out in https://fasset.com/user-agreement-labuan and https://fasset.com/user-agreement/ as applicable to the User.

1.38. “Waitlist” means the registration list for early access to Fasset Tag, maintained by Fasset and accessible via the Waitlist Page.

1.39. “Waitlist Page” means https://www.fasset.com/early, or such other web page as Fasset may notify from time to time.

1.40. “Winner” means the single Participant selected by Fasset in the Lucky Draw to receive the Reward in accordance with Clause 4.5, or any alternate Participant selected in accordance with Clause 4.14.

2. Interpretation

2.1. A reference to Fasset includes a reference to its Affiliates and Employees, as well as any corporate body, association, partnership, or other legal entity, and includes their successors, permitted substitutes, and permitted assigns. Any reference to Participant includes individuals and their successors, permitted substitutes, and permitted assigns.

2.2. If a word or phrase is defined, its other grammatical forms have a corresponding meaning.

2.3. A reference to an agreement, term, or document (including a reference to these Terms) is to the agreement, term, or document as amended, supplemented, novated, or replaced, except to the extent prohibited by these Terms or that other agreement, term, or document.

2.4. All schedules, exhibits, annexures, Aggregates, appendices, and other attachments referred to in these Terms are an integral part of these Terms and shall be deemed to be incorporated herein.

2.5. The section headings in these Terms are for convenience only and are not intended to govern, limit, or affect the meanings of the sections.

2.6. Singular and plural nouns and pronouns shall mean the singular or plural and the masculine, feminine, or neuter genders as permitted by the context in which the words are used.

2.7. In these Terms, reference to any legislation or law or any provision thereof shall include references to any such law as it may, after the date hereof, from time to time, be amended, supplemented, or re-enacted, and any reference to a statutory provision shall include any subordinate legislation made from time to time under that provision.

2.8. The words including and include shall mean including without limitation and include without limitation, respectively.

2.9. Words and phrases shall be interpreted in the context of these Terms and not in isolation. The meaning of any term shall be derived from the overall purpose and intent of these Terms. Fasset has its sole discretion to interpret these Terms if there is any ambiguity or inconsistency in these Terms.

2.10. Any examples or illustrations provided in these Terms are for explanatory purposes only and do not limit the scope of any provision.

3. Eligibility

3.1. The Marketing Activity is open only to individuals who meet all of the following criteria:

(a) the individual is at least eighteen (18) years of age at the time of entry;

(b) the individual is a New User;

(c) the individual is resident in an Eligible Jurisdiction, and may be required to provide valid government-issued identification or other documentation to confirm eligibility; and

(d) participation in the Marketing Activity is lawful and permissible in the individual’s jurisdiction of residence and under any other Applicable Law to which the individual is subject.

3.2. Residents of the UAE are excluded from the Marketing Activity and are not eligible to participate, unless and until Fasset expressly notifies otherwise in writing.

3.3. The Marketing Activity is not open to any person located in, resident in, or otherwise subject to the laws of any jurisdiction where participation in such activity is prohibited, restricted or otherwise unlawful. It is each Participant’s sole responsibility to determine and ensure that their participation in the Marketing Activity, and their receipt and use of any Reward, does not violate Applicable Law. Fasset makes no representation or warranty that the Marketing Activity is lawful or available in any particular jurisdiction.

3.4. The following persons are not eligible to participate in the Marketing Activity or to receive the Reward:

(a) Employees, officers, directors, contractors, agents and representatives of Fasset and its Affiliates, and their immediate family members (spouses, parents, children, siblings, and their respective spouses);

(b) Referrers, in their capacity as Referrers;

(c) persons acting on behalf of another person, or in concert with another person, for the purpose of obtaining an Entry or the Reward; and

(d) persons whose Waitlist registration or Platform account is flagged, suspended, restricted or under investigation at any point during the Promotion Period or at the time the Reward is processed.

3.5. For the avoidance of doubt, a Referrer who is also a New User and who independently satisfies all criteria in Clause 3.1 does not become eligible to participate by reason of that fact alone, and remains excluded under Clause 3.4(b).

3.6. Any form of self-invitation, creation of duplicate, automated or fraudulent registrations, use of multiple identities, devices, email addresses or phone numbers, or any attempt to manipulate or exploit the Marketing Activity will result in immediate disqualification from participation, with or without notice. Fasset reserves the right to withhold or reverse the Reward, void any Entry, suspend accounts, or take any other action it deems necessary in the event of suspected abuse or misconduct.

3.7. Fasset reserves the right to verify the eligibility of Participants at any time. Ineligible Participants may be disqualified at Fasset’s sole discretion. Participants will be informed of any significant changes through the official channels.

4. Qualifying Action, Lucky Draw and Reward

4.1. To qualify for entry into the Lucky Draw, a Participant must complete both of the following during the Promotion Period (together, the “Qualifying Action”):

(a) register and join the Waitlist via the Waitlist Page, including the completion of KYC if so required; and

(b) share their Invite Code with at least one (1) Eligible Invitee, where that Eligible Invitee subsequently joins the Waitlist using that Invite Code within the Promotion Period (a “Successful Invite”).

4.2. An invitation which is issued but not accepted, or which is accepted by a person who is not an Eligible Invitee, or which is accepted after the end of the Promotion Period, does not constitute a Successful Invite and does not give rise to an Entry.

4.3. Each Participant who completes the Qualifying Action shall receive one (1) Entry into the Lucky Draw. A Participant is eligible for a maximum of one (1) Entry during the Promotion Period. Additional Successful Invites beyond the first do not give rise to additional Entries, and multiple Entries per Participant will not be recognised regardless of the number of invitations issued or accepted.

4.4. The Reward shall be one (1) iPhone 18 Pro Max (256GB) (the “Reward”). One (1) Reward is available in total across all Eligible Jurisdictions.

4.5. One (1) Winner shall be selected at random from all valid Entries across all Eligible Jurisdictions at the conclusion of the Promotion Period. For the avoidance of doubt, there is no separate draw, allocation or Reward for any individual Eligible Jurisdiction.

4.6. The Lucky Draw shall be conducted on or around 30th October 2026. The exact date and time shall be announced through Fasset’s Communication channels.

4.7. Fasset’s decision regarding the selection of the Winner shall be final, binding, and not subject to challenge or appeal. No correspondence, complaints, or disputes will be entertained in relation to the results.

4.8. All determinations regarding the validity of a Successful Invite, the allocation of Entries and eligibility for the Reward shall be made by Fasset on the basis of its internal systems and records, which shall be final in the absence of manifest error.

4.9. An Invite Code must be shared directly by the Participant and may not be published or distributed in a manner that is misleading, unlawful, commercially exploitative, or inconsistent with Fasset’s policies. Any misuse or unauthorised use of an Invite Code may result in disqualification and the voiding of any Entry.

4.10. The Reward consists only of those items expressly stated in these Terms and does not include any other costs or expenses which may be incurred during the acceptance and enjoyment of the Reward.

4.11. The Reward is non-transferable, non-exchangeable, and cannot be substituted or redeemed for cash or any other benefit. No request for cash reimbursement or substitution shall be entertained.

4.12. In the event of unforeseen circumstances, including unavailability of the specified model, colour or storage configuration, Fasset reserves the right to modify or substitute the Reward with an alternative of comparable value at its sole discretion.

4.13. The Winner shall be notified through Fasset’s Communication channels within seven (7) days following the conclusion of the Lucky Draw.

4.14. The Winner must confirm acceptance of the Reward within three (3) calendar days of receiving the notification. Failure to confirm within this timeframe may result in forfeiture of the Reward, and an alternate Winner may be selected at Fasset’s sole discretion. Fasset may, at any time prior to delivery of the Reward, disqualify a selected Winner where Fasset is unable to verify that Winner's eligibility to its satisfaction, or where Fasset determines that the Winner has breached these Terms or does not or no longer meets the eligibility criteria in Article 3. In the event of any such disqualification, or of any forfeiture under this Clause 4.14, Fasset may select an alternate Winner from the remaining valid Entries in accordance with Clause 4.5 or may determine not to award the Reward at all, in each case at its sole discretion.

4.15. Fasset shall not be responsible for undelivered or unread notifications due to incorrect or outdated contact information provided by the Participant. It is the responsibility of the Participant to ensure their contact details are accurate and up to date at all times.

4.16. The Reward will be delivered to the Winner within thirty (30) days following confirmation of acceptance, to an address in the Winner's jurisdiction of residence nominated by the Winner, provided the Winner continues to meet the eligibility requirements. Fasset shall not be liable for any delay, loss or damage in transit caused by any third-party courier, customs authority or other third party.

4.17. All taxes, customs duties, import levies and other charges arising from the receipt, delivery or use of the Reward shall be the sole responsibility of the Winner, save where Fasset expressly notifies otherwise in writing. Fasset does not provide tax advice and encourages the Winner to seek independent advice as needed.

4.18. By accepting the Reward, the Winner consents to the use of their name, country of residence, age and/or Reward information for promotional and other reasonable purposes by Fasset, without further payment or compensation, except where prohibited by law. This includes, but is not limited to, promotional materials, media releases, website and social media announcements, and marketing campaigns.

4.19. Participation in the Marketing Activity and inclusion on the Waitlist does not constitute a guarantee, offer or commitment by Fasset to provide access to Fasset Tag, or to provide such access within any particular timeframe. Fasset reserves the right to determine the timing, scope, phasing and availability of access to Fasset Tag in its sole discretion.

4.20. Fasset reserves the right to amend, modify, suspend or cancel the Lucky Draw or the Marketing Activity at any time without prior notice, in its sole discretion, including but not limited to changes required due to legal or regulatory compliance or operational constraints.

5. Non-Disparagement

5.1. Participants agree not to make any false, misleading, or disparaging statements about Fasset, the Marketing Activity Organisers or any of their Affiliates, whether orally or in writing, including but not limited to statements about any of the following:

(a) The Marketing Activity, its rules, and administration; and

(b) The performance, conduct, or business practices of Fasset, the Marketing Activity Organisers or any of their Affiliates.

5.2. The non-disparagement obligations do not restrict any of the following:

(a) Providing truthful information in response to legal proceedings, regulatory inquiries, or government investigations;

(b) Making statements that are required by Applicable Law or regulation; or

(c) Sharing feedback or criticism constructively intended to improve the Marketing Activity or its outcomes directly to Fasset through private communication channels.

5.3. In the event of a breach of the non-disparagement obligations, Fasset may seek injunctive relief, damages, and any other remedies available at law.

5.4. For the purposes of this Article 5, the Dispute Resolution provisions in Article 11 do not apply to Fasset and Fasset may pursue any claim against the aggressor in any forum anywhere in the world.

6. Entry Conditions and Release

6.1. By entering the Marketing Activity, each Participant agrees to the following:

(a) The relationship between a Participant and Fasset is not a confidential, fiduciary, or other special relationship;

(b) Each Participant will be bound by and comply with these Terms;

(c) Fasset’s decisions are binding and final in all matters relating to the Marketing Activity;

(d) To the maximum extent permitted by Applicable Laws, each Participant agrees to release, indemnify, defend, and hold harmless Fasset, the Marketing Activity Organisers, their Affiliates and the Reward suppliers, and any other organisations responsible for sponsoring, fulfilling, administering, advertising, or promoting the Marketing Activity, along with their respective past and present officers, directors, employees, agents, and representatives (collectively, the “Indemnified Parties”) from and against any and all claims, expenses, and liabilities (including reasonable attorneys’ fees), including but not limited to negligence and damages of any kind to persons and property, defamation, slander, libel, violation of right of publicity, infringement of trademark, copyright, or other Intellectual Property Rights, property damage, or death or personal injury, arising out of or relating to the Marketing Activity, a Participant’s entry, participation in the Marketing Activity, acceptance or use or misuse of the Reward and/or the broadcast, transmission, performance, exploitation of the Reward, as authorised or licenced by these Terms; and

(e) Each Participant represents and warrants that their entry, participation, or acceptance of the Reward does not and will not violate any Applicable Laws, third-party rights, or contractual obligations.

6.2. Without limiting the foregoing, and to the maximum extent permitted by Applicable Laws, the Indemnified Parties shall have no liability in connection with:

(a) any incorrect or inaccurate information, whether caused by electronic or printing error or by any of the equipment or programming associated with or utilised in the Marketing Activity;

(b) technical failures of any kind, including, but not limited to, malfunctions, interruptions, or disconnections in phone lines, internet connectivity, electronic transmission errors, or network hardware or software failures;

(c) any failure of the Waitlist Page, Invite Code or tracking systems to record, attribute or log a registration or invitation;

(d) unauthorised human intervention in any part of the entry process or the Marketing Activity; technical or human error which may occur in the administration of the Marketing Activity; and/or

(e) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from the Participant’s participation in the Marketing Activity or receipt or use or misuse of any Reward.

7. Licence

7.1. By entering the Marketing Activity, each Participant grants Fasset, the Marketing Activity Organisers, and each of their Affiliates a fully paid-up, non-exclusive, assignable, sub-licensable, worldwide, perpetual licence to display publicly and use the details of the Winner for promotional purposes. This licence includes, but is not limited to, posting or linking to the Winner’s details on Fasset’s, the Marketing Activity Organisers’ and our Affiliates’ websites and applications, and display and promotion of the Winner on any other media worldwide as determined by Fasset in its sole discretion, in each case in accordance with the Privacy Policy and Applicable Law.

8. General Conditions

8.1. Fasset reserves the right in its sole and absolute discretion and without prior notice to any Participant, to:

(a) modify, cancel, suspend or terminate the Marketing Activity at any time due to unforeseen circumstances;

(b) change or amend these Terms; and/or

(c) disqualify any Participant from the Marketing Activity for any reason whatsoever.

8.2. The Marketing Activity is still subject to Fasset’s User Agreement, Privacy Policy, and any additional terms and conditions set out on the Platform.

8.3. Participants are responsible for providing accurate and complete information. Fasset is not liable or responsible for any errors or omissions in the information provided by Participants. The Participants agree to disclaim all liability against Fasset or any of its Affiliates for any claims arising due to the provision of inaccurate or incomplete information on their part and any resultant actions taken by Fasset in relation to the Participant’s participation in the Marketing Activity or the allocation of the Reward.

8.4. Fasset is not responsible for any technical issues that may affect participation, including, but not limited to, issues with internet connectivity, the Waitlist Page or Invite Code tracking. The Participants agree to disclaim all liability against Fasset or its Affiliates for any claims arising from such circumstances and any resultant actions taken by Fasset in relation to the Participant’s participation in the Marketing Activity or the allocation of the Reward.

8.5. Participants must comply with all Applicable Laws and regulations during the Marketing Activity and during the receipt of the Reward. Fasset is not responsible for any legal consequences arising from participation in the Marketing Activity or acceptance of the Reward. Failure to comply with legal requirements may lead to disqualification and forfeiture of the Reward as determined by Fasset in its sole discretion.

8.6. Any attempt by any Participant(s) to undermine the proper conduct of the Marketing Activity may be a violation of criminal and civil law. Should Fasset suspect that such an attempt has been made or is threatened, Fasset reserves the right to take appropriate action including but not limited to requiring a Participant(s) to cooperate with an investigation and referral to criminal and civil law enforcement authorities as needed.

8.7. The Marketing Activity does not constitute an endorsement or warranty by Fasset of the Reward or any associated products or services available on the Platform. Apple Inc. is not a sponsor of, affiliated with, or in any way connected to the Marketing Activity, and all trademarks referenced remain the property of their respective owners.

8.8. The Reward issued under this Marketing Activity is promotional in nature and does not represent a contractual or vested entitlement. Fasset reserves the right to withhold, reverse, or adjust the Reward in the event of error, suspected abuse, or system malfunction.

8.9. If at any time during the Marketing Activity, a Participant or prospective Participant believes that any of these Terms may be unclear or ambiguous, they must submit a written request by email for clarification at [email protected].

8.10. To the maximum extent permissible by Applicable Laws, Fasset is not liable for any personal injury, loss, or damage incurred by the Winner as a result of the Reward, except where such liability arises due to Fasset’s gross negligence or wilful misconduct.

8.11. All Intellectual Property and Intellectual Property Rights related to the Marketing Activity, including but not limited to copyrighted material, trademarks, trade names, logos, designs, promotional materials, web pages, source codes, drawings, illustrations, slogans, and representations, are owned or used under licence by Fasset and its Affiliates. All rights are reserved. Unauthorised copying or use of any copyrighted material or Intellectual Property or Intellectual Property Rights without the express written consent of its owners is strictly prohibited and shall be penalised to the maximum extent permitted by Applicable Laws.

8.12. Notwithstanding any other provision of these Terms, Fasset may at any time and with immediate effect suspend, modify, withdraw or terminate the Marketing Activity, in whole or in part or in respect of any particular jurisdiction, where Fasset considers it necessary or desirable to do so in order to comply with Applicable Law, to respond to any request, direction, guidance or enquiry from any Governmental Authority, or where participation in or promotion of the Marketing Activity is or becomes prohibited, restricted or otherwise unlawful in that jurisdiction. Where Fasset exercises this right, it shall be under no obligation to conduct the Lucky Draw or to award the Reward in respect of the affected jurisdiction, and shall have no liability to any Participant in connection with such suspension, modification, withdrawal or termination.

8.13. No Participant shall have any claim, cause of action, or right to compensation, damages or reimbursement of any kind arising from or in connection with any modification, suspension, withdrawal, cancellation or termination of the Marketing Activity or any part of it, whether under Clause 8.1, Clause 8.12 or otherwise. Participation in the Marketing Activity and the allocation of an Entry confer no accrued, contractual or vested right of any kind, and no Participant acquires any right in or to the Reward unless and until the Reward has been delivered to and accepted by that Participant in accordance with these Terms.

8.14. Fasset shall not be in breach of these Terms, nor liable for any failure or delay in performing any of its obligations under them, where such failure or delay results from any event or circumstance beyond its reasonable control, including acts of God, natural disaster, epidemic or pandemic, war, terrorism, civil unrest, strike or industrial action, fire, flood, power or telecommunications failure, failure of any third-party supplier, courier or payment provider, cyber attack, or any act, order, restriction or intervention of any Governmental Authority. In any such event, Fasset may extend, suspend or curtail the Promotion Period, postpone the Lucky Draw, or delay delivery of the Reward, in each case for such period as it considers reasonable, and shall notify Participants through its Communication channels where practicable.

9. Data Collection

9.1. By entering the Marketing Activity, Participants consent to the collection, use, storage and disclosure of their personal information by Fasset for the purposes of administering the Marketing Activity, verifying eligibility, attributing and validating Successful Invites, selecting and notifying the Winner, delivering the Reward, carrying out fraud prevention checks, dealing with complaints and complying with Applicable Law.

9.2. Where a Participant shares an Invite Code with an Eligible Invitee, the Participant is responsible for ensuring that they are entitled to contact that person and that doing so complies with Applicable Law.

9.3. The personal information of the Participants will be handled in accordance with Applicable Laws on data protection and the Privacy Policy.

10. Limitation of Liability

10.1. By entering into this Marketing Activity, all Participants agree to be bound by these Terms and hereby release Fasset, the Marketing Activity Organisers and any of their Affiliates from any and all liability in connection with the Reward or Participants’ participation in the Marketing Activity, including but not limited to:

(a) any failure to receive or record registration entries or invitations due to transmission failures or other conditions beyond their reasonable control;

(b) any late, lost, misrouted, garbled, distorted or damaged transmissions or entries;

(c) any disruptions, injuries, losses, or damages caused by events beyond their reasonable control;

(d) any postponement, delay or changes that may impact the Reward caused by events beyond their reasonable control; and/or

(e) any printing or typographical errors in any materials associated with the Marketing Activity.

10.2. To the maximum extent permitted by Applicable Laws, in no event shall Fasset or its Affiliates be liable for any indirect, incidental, consequential, special, punitive, or exemplary damages, including but not limited to damages for loss of profits, revenue, goodwill, use, data, or other intangible losses, arising out of or in connection with the Marketing Activity, regardless of whether such damages were foreseeable or whether Fasset has been advised of the possibility of such damages.

10.3. To the maximum extent permissible by Applicable Laws, in no event shall the total aggregate liability of Fasset (or its Affiliates) for all claims arising out of or relating to the Marketing Activity exceed the amount of any entry fee paid by the Participant or, if no entry fee was paid, the value of USD 100 applicable at that time as determined by Fasset, or such other minimum amount acceptable under Applicable Laws if higher than the minimum thresholds stated in this Clause 10.3.

10.4. The Participants and Fasset acknowledge that the limitations of liability outlined in this Article 10 are an essential basis of the bargain and that the Marketing Activity would not be provided without such limitations. By agreeing to these Terms, the Participants expressly and unambiguously agree to be bound by the terms of Article 10 and the limitations imposed.

11. Dispute Resolution

11.1. Any dispute, claim, complaint, or controversy arising out of or relating to these Terms, including any question regarding its existence, validity or termination (collectively, “Dispute”) shall be resolved in good faith prior to the initiation of arbitration.

11.2. If any Dispute arises, the Participant shall send a formal letter addressed to Fasset on the helpdesk at [email protected] as notified. If the Participant does not receive a response by the 10th (tenth) business day of having sent the complaint, or if the Parties fail to resolve the Dispute by the 20th (twentieth) business day, the Participant shall send a formal letter with a statement of problems and proposed resolutions to the Dispute.

11.3. If the Dispute is not resolved within 20 (twenty) business days after the formal letter of the Dispute with the proposed resolutions, the Participant may choose to proceed with arbitration.

11.4. If the Dispute is not satisfactorily resolved under Clauses 11.1 to 11.3, the Dispute shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre (“SIAC”) in accordance with the Arbitration Rules of the Singapore International Arbitration Centre (“SIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this clause, and subject to the following provisions agreed between the Parties:

(a) The seat of the arbitration shall be Dubai.

(b) The Tribunal shall consist of 1 (one) arbitrator.

(c) The language of the arbitration shall be English.

12. Governing Law

12.1. These Terms shall be governed by and construed in accordance with the laws of England and Wales without considering the principles of conflicts of laws.

13. Assignment

13.1. These Terms and any rights or obligations arising hereunder are personal to each Participant and may not be assigned, delegated, sublicensed, or otherwise transferred by the Participant, whether by operation of law or otherwise, without the prior written consent of Fasset.

13.2. Fasset may assign, novate, or transfer any or all of its rights and obligations under these Terms, in whole or in part, to any Affiliate, successor entity, or purchaser of its business or assets, without notice and without the need for any further act by the Participant.

13.3. Subject to the foregoing, these Terms shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns.

14. Severability

14.1. If any provision or part-provision of these Terms is or becomes invalid, illegal or unenforceable in any jurisdiction, that provision or part-provision shall, to the extent required, be deemed modified to the minimum extent necessary to make it valid, legal and enforceable in that jurisdiction. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted in respect of that jurisdiction only.

14.2. Any modification to or deletion of a provision or part-provision under Clause 14.1 shall not affect the validity, legality or enforceability of the remainder of these Terms, nor the validity, legality or enforceability of that provision in any other jurisdiction.

Annexure 1

Fasset Group of Companies

FASSET LABUAN LIMITED, a company duly incorporated and registered under the laws of the Federal Territory of Labuan, Malaysia, having its registered office at Jalan Merdeka, Unit Level 14 (B) & 14 (C), Main Office Tower, Financial Park Labuan Complex, Labuan, Malaysia.

FASSET FZE, a company duly incorporated and registered under the laws of the United Arab Emirates, having its registered office at EO 09, Sheikh Rashid Tower 13th Floor, Dubai World Trade Centre, Dubai, United Arab Emirates. For the avoidance of doubt, and subject to Clause 3.2, the UAE is not an Eligible Jurisdiction for the purposes of the Marketing Activity.

FASSET FINANCIAL SERVICES W.L.L , a company duly incorporated and registered under the laws of the Kingdom of Bahrain, having its registered office at Office 211, Building 120, Road 3803, Block 338, Manama, Kingdom of Bahrain.