Common use of PARTICIPATION IN THE AFFILIATE PROGRAM Clause in Contracts

PARTICIPATION IN THE AFFILIATE PROGRAM. 2.1 In order to participate in the Affiliate Program one must submit an Affiliate Participation Form or Application Form, which may be rejected by XTB at its sole discretion. XTB shall scrutinise each Affiliate Participation Form or Application Form and shall inform each Affiliate Candidate who submitted the Affiliate Participation Form/Application Form, whether it has been approved for the Affiliate Program. The applicable Remuneration Plan shall be determined by XTB - upon the Affiliate’s request, determined Remuneration Plan can be negotiated individually with XTB, but the approval or rejection of such a request is subject to XTB’s sole discretion. Affiliate Candidate shall receive an e-mail message from XTB with a notice of acceptance or rejection of the submitted Affiliate Participation Form or Application Form and determined Remuneration Plan, together with contact details of dedicated Affiliate Manager, who will contact the Affiliate Candidate in order to determine the details of the cooperation and the relevant Remuneration Plan, if needed. XTB Services Limited is a company duly registered under the laws of the Republic of Cyprus, having its registered office at ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ LTD, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, with a registration number HE 367547, and with a fully paid up share capital of 80000 EUR. Remuneration Plan and following the positive verification of the documents as may be requested by XTB, including in particular documents listed in point 7.1., the Affiliate Candidate becomes the Affiliate and is granted by XTB an access to the Affiliate Panel. 2.3 The Affiliate shall receive an e-mail notice from XTB informing of the Agreement conclusion. 2.4 Upon becoming an Affiliate, the Affiliate is entitled to also participate in the “Invite Partners” program. The Affiliate that wishes to participate in this program shall refer to the dedicated section of XTB’s Website and declare its/her/his participation and generate and obtain the relevant referral link to be shared for this purpose with the introduced Affiliate Candidate. Affiliates participating in this program - either as an introducing or as an introduced Affiliate - shall offer their services to XTB, under and within the scope of the terms and conditions of this Agreement.

PARTICIPATION IN THE AFFILIATE PROGRAM. 2.1 In order to participate in the Affiliate Program one must submit an Affiliate Participation Form or Application Form, which may be rejected by XTB at its sole discretion. XTB shall scrutinise each Affiliate Participation Form or Application Form and shall inform each Affiliate Candidate who submitted the Affiliate Participation Form/Application Form, whether it has been approved for the Affiliate Program. The applicable Affiliate Candidate shall choose a preferred Remuneration Plan shall (CPA Plan or CPL Plan), which may be determined either accepted or rejected by XTB - upon the Affiliate’s request, determined Remuneration Plan can be negotiated individually with XTB, but the approval or rejection of such a request is subject to XTB’s at its sole discretion. Affiliate Candidate shall receive an e-mail message from XTB with a notice of acceptance or rejection of the submitted Affiliate Participation Form or Application Form and determined a preferred Remuneration Plan, Plan together with contact details of dedicated Affiliate Manager, who will contact the Affiliate Candidate in order to determine the details of the cooperation and the relevant Remuneration Plan, if needed. XTB Services Limited is a company duly registered under the laws . 2.2 Upon XTB‟s approval of the Republic Affiliate Participation Form/Application Form, the fulfillment of Cyprus, having its registered office at ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ LTD, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, with a registration number HE 367547, the conditions set in term 2.1 above regarding the determination and with a fully paid up share capital approval by XTB of 80000 EUR. the Remuneration Plan and following the positive verification of the documents as may be requested by XTB, including in particular documents listed in point 7.1., the Affiliate Candidate becomes the Affiliate and is granted by XTB an access to the Affiliate Panel. 2.3 The Affiliate shall receive an e-mail notice from XTB informing of the Agreement conclusion. 2.4 Upon becoming an Affiliate, . XTB Services Limited is a company duly registered under the Affiliate is entitled to also participate in the “Invite Partners” program. The Affiliate that wishes to participate in this program shall refer to the dedicated section of XTB’s Website and declare its/her/his participation and generate and obtain the relevant referral link to be shared for this purpose with the introduced Affiliate Candidate. Affiliates participating in this program - either as an introducing or as an introduced Affiliate - shall offer their services to XTB, under and within the scope laws of the terms Republic of Cyprus, having its registered office at 21stVasiliMichaelides, ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, with registration number HE 367547, and conditions with a fully paid up share capital of this Agreement80000 EUR.

PARTICIPATION IN THE AFFILIATE PROGRAM. 2.1 In order to participate in the Affiliate Program one must submit an Affiliate Participation Form or Application Form, which may be rejected by XTB at its sole discretion. XTB shall scrutinise each Affiliate Participation Form or Application Form and shall inform each Affiliate Candidate who submitted the Affiliate Participation Form/Application Form, whether it has been approved for the Affiliate Program. The applicable Remuneration Plan shall be determined by XTB - upon the Affiliate’s request, determined Remuneration Plan can be negotiated individually with XTB, but the approval or rejection of such a request is subject to XTB’s sole discretion. Affiliate Candidate shall receive an e-mail message from XTB with a notice of acceptance or rejection of the submitted Affiliate Participation Form or Application Form and determined Remuneration Plan, together with contact details of dedicated Affiliate Manager, who will contact the Affiliate Candidate in order to determine the details of the cooperation and the relevant Remuneration Plan, if needed. . 2.2 Upon XTB’s approval of the Affiliate Participation Form/Application Form, the fulfillment of the conditions set in term 2.1 above regarding the determination by XTB of the Remuneration Plan and following the positive verification of the documents as may be XTB Services Limited is a company duly registered and incorporated in Cyprus under the laws of the Republic of CyprusCompanies Law (CAP 113), having its registered office with Registration Number HE367547 and with Registered Office at ▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ LTD, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, with a registration number HE 367547, and with a fully paid up share capital of 80000 EUR. Remuneration Plan and following the positive verification of the documents as may be ▇ requested by XTB, including in particular documents listed in point 7.1., the Affiliate Candidate becomes the Affiliate and is granted by XTB an access to the Affiliate Panel. 2.3 The Affiliate shall receive an e-mail notice from XTB informing of the Agreement conclusion. 2.4 Upon becoming an Affiliate, the Affiliate is entitled to also participate in the “Invite Partners” program. The Affiliate that wishes to participate in this program shall refer to the dedicated section of XTB’s Website and declare its/her/his participation and generate and obtain the relevant referral link to be shared for this purpose with the introduced Affiliate Candidate. Affiliates participating in this program - either as an introducing or as an introduced Affiliate - shall offer their services to XTB, under and within the scope of the terms and conditions of this Agreement.

PARTICIPATION IN THE AFFILIATE PROGRAM. 2.1 In order to participate in the Affiliate Program one must submit an Affiliate Participation Form or Application Form, which may be rejected by XTB at its sole discretion. XTB shall scrutinise each Affiliate Participation Form or Application Form and shall inform each Affiliate Candidate who submitted the Affiliate Participation Form/Application Form, whether it has been approved for the Affiliate Program. The applicable Remuneration Plan shall be determined by XTB - upon the Affiliate’s request, determined Remuneration Plan can be negotiated individually with XTB, but the approval or rejection of such a request is subject to XTB’s sole discretion. Affiliate XTB Services Limited is registered and incorporated in Cyprus under the Companies Law (CAP 113), with Registration Number HE367547 and with Registered Office at ▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ Candidate shall receive an e-mail message from XTB with a notice of acceptance or rejection of the submitted Affiliate Participation Form or Application Form and determined Remuneration Plan, together with contact details of dedicated Affiliate Manager, who will contact the Affiliate Candidate in order to determine the details of the cooperation and the relevant Remuneration Plan, if needed. XTB Services Limited is a company duly registered under the laws . 2.2 Upon XTB’s approval of the Republic Affiliate Participation Form/Application Form, the fulfillment of Cyprus, having its registered office at ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ LTD, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, with a registration number HE 367547, and with a fully paid up share capital the conditions set in term 2.1 above regarding the determination by XTB of 80000 EUR. the Remuneration Plan and following the positive verification of the documents as may be requested by XTB, including in particular documents listed in point 7.1., the Affiliate Candidate becomes the Affiliate and is granted by XTB an access to the Affiliate Panel. 2.3 The Affiliate shall receive an e-mail notice from XTB informing of the Agreement conclusion. 2.4 Upon becoming an Affiliate, the Affiliate is entitled to also participate in the “Invite Partners” program. The Affiliate that wishes to participate in this program shall refer to the dedicated section of XTB’s Website and declare its/her/his participation and generate and obtain the relevant referral link to be shared for this purpose with the introduced Affiliate Candidate. Affiliates participating in this program - either as an introducing or as an introduced Affiliate - shall offer their services to XTB, under and within the scope of the terms and conditions of this Agreement.