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Official Rules

Bitcoin Vault Boost Incentive

Effective Date: 31 July 2026

BY PARTICIPATING IN THIS PROMOTION, YOU AGREE TO THESE OFFICIAL RULES AND THE KRAKEN.COM TERMS OF SERVICE, WHICH EACH FORM A CONTRACT. READ THEM CAREFULLY BEFORE PARTICIPATING.

1. Sponsor

This promotion (the "Promotion") is sponsored by Tulip HoldCo Ltd., 2nd Floor, Water’s Edge Building, Wickhams Cay II, Road Town, Tortola, British Virgin Islands ("Kraken", "we", "us", or "our").

Access to the Bitcoin Vault (Earn) services are provided by Payward Wallet, 1209 Orange Street, Wilmington DE 19801 United States.

2. Eligible Areas

The Promotion is open to eligible Kraken customers who are residents of the European Economic Area (EEA), the United States (Excluding Maine (ME), New York (NY), Florida (FL), Washington (WA), California (CA), Maryland (MD), New Jersey (NJ), and Wisconsin (WI)), and other jurisdictions where Kraken Bitcoin Vault (Earn) is available.

The Promotion is not available to residents of the United Kingdom or Australia. The Promotion is void where prohibited by law.

3. Promotion Period

The Promotion is ongoing and runs until terminated by the Sponsor. The Sponsor may close, suspend, or amend the Promotion at any time with reasonable notice.

4. How to Participate / Qualifying Activity

To participate, an eligible customer must: (a) enrol in the Promotion; and (b) deposit (allocate) 0.015 BTC into Bitcoin Vault and maintain that balance in Bitcoin Vault for seven (7) consecutive days. Deposits below 0.015 BTC do not qualify. Depositing more than 0.015 BTC does not earn an additional Reward. Only new allocations made after enrolment qualify; balances already allocated to Bitcoin Vault before enrolment do not qualify.

There is no free alternative method of entry. This Promotion is an incentive, not a sweepstakes or contest.

This Promotion applies to Bitcoin Vault only. DeFi Earn and opt-in reward products are not included.

In the event of conflict between these Official Rules and any marketing materials, these Official Rules shall control.

5. Reward

Eligible participants who complete the Qualifying Activity will receive a one-time promotional reward of 0.0000575 BTC, approximately equivalent to a rate of twenty percent (20%) APY on a 0.015 BTC Bitcoin Vault deposit held for the seven (7) day hold period (the "Reward").

The Reward is a one-time promotional bonus. It does not represent an ongoing or guaranteed yield, and the rate does not apply beyond the 7-day qualifying period. The Reward is calculated on a 0.015 BTC deposit; deposits below 0.015 BTC do not qualify, and amounts deposited above 0.015 BTC do not increase the Reward.

A maximum of one (1) Reward is available per customer for the lifetime of the customer’s account. A total of up to 1,000 Rewards are available; once the cap is reached, the Promotion may close to further participation.

6. Eligibility to Participate

To be eligible, a participant must, at the time of enrolment: (a) be at least 18 years of age or the age of majority in their jurisdiction, whichever is greater; (b) be resident in an Eligible Area; (c) hold a Kraken Consumer account with Bitcoin Vault (Earn) enabled; (d) be an individual account holder (corporate and institutional accounts are excluded); and (e) be new to Bitcoin Vault, meaning the participant maintains no existing allocation to Bitcoin Vault at the time of enrolment.

7. Disqualification

The Sponsor may disqualify any participant and withhold or claw back any Reward where the participant: (a) engages in wash trading, self-funding, self-dealing, or any activity designed to game the Promotion; (b) uses a VPN, proxy, or other means to circumvent eligibility or geographic restrictions; (c) uses multiple or duplicate accounts; (d) provides false or misleading information; or (e) is found to be resident in an ineligible jurisdiction. Rewards issued in error may be reversed.

8. Reward Distribution

To receive the Reward, a participant must, before reward fulfilment, have: (a) a Kraken account in good standing with Bitcoin Vault (Earn) enabled; and (b) completed Intermediate (Tier 3) KYC verification, plus any additional verification required by Kraken or applicable law. The Reward is credited to the participant’s account at the end of the seven (7) day hold period. If these requirements are not met at the time of distribution, the Reward may be forfeited or clawed back.

9. Consents and Approvals

By participating, each participant consents to the collection and use of their information for the administration of the Promotion in accordance with the Kraken Privacy Policy, available at https://kraken.com/legal/privacy. In the EEA, marketing communications are sent only where the participant has provided separate marketing-consent opt-in. Participation is subject to all applicable laws and regulations.

10. Disclaimers

Digital assets are volatile and their value can go down as well as up. Yields are variable and are not guaranteed. The Reward is a one-time promotional bonus and does not represent an ongoing or guaranteed yield. Nothing in this Promotion constitutes financial, investment, tax, or legal advice.

All communications relating to this Promotion are intended to be fair, clear, and not misleading in accordance with applicable crypto-asset marketing rules, including in the EEA. The Sponsor is not responsible for technical failures, network errors, or other issues outside its reasonable control that may affect participation or reward distribution. In the event of conflict between these Official Rules and any marketing materials, these Official Rules control.

Not investment advice. Crypto trading involves risk of loss. Within the European Economic Area, services are provided by Payward Europe Solutions Limited ("PESL"), regulated by the Central Bank of Ireland.

11. Limitation of Liability, Disputes, and Governing Law

By participating in this Promotion, you agree to and hereby release and hold harmless Tulip HoldCo Ltd. and its affiliates, officers, directors, employees, and agents (collectively, "Kraken") from any damage, injury, death, loss, claim, action, demand, or other liability arising from or related to your participation in the Promotion or your receipt or use of any Reward.

TO THE EXTENT PERMITTED BY APPLICABLE LAW:

(1) ANY AND ALL CLAIMS, JUDGMENTS, AND AWARDS WILL BE LIMITED TO ACTUAL THIRD-PARTY, OUT-OF-POCKET COSTS INCURRED, IF ANY, NOT TO EXCEED TWENTY-FIVE US DOLLARS (USD $25.00). ATTORNEYS’ FEES ARE NOT RECOVERABLE;

(2) YOU WAIVE ALL RIGHTS TO SEEK PUNITIVE, INCIDENTAL, CONSEQUENTIAL, OR SPECIAL DAMAGES, OR LOST PROFITS; AND

(3) YOUR REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES ONLY.

Any dispute arising out of or relating to this Promotion will be resolved individually, without resort to any form of class action. You waive any right to seek injunctive or other equitable relief in connection with the Promotion.

Dispute resolution and governing law are governed by the Kraken Terms of Service applicable to you: participants in the EEA are subject to the EEA Terms of Service (https://www.kraken.com/legal/eea-terms); all other participants (including US and other jurisdictions) are subject to the Global Terms of Service (https://www.kraken.com/legal/global-terms). Each includes all dispute resolution and governing law provisions applicable to you.

By participating, you agree to those provisions as they apply to your relationship with Kraken. If you are uncertain which Terms of Service apply to you, please visit https://www.kraken.com/legal.

12. Taxes

Participants are solely responsible for any taxes arising from their receipt of a Reward. Where required by applicable law, the Sponsor may report the value of Rewards to the relevant tax authority and/or withhold amounts as required. Participants should consult their own tax advisers.

13. General Terms

The Sponsor reserves the right to modify, suspend, or terminate this Promotion at any time. This Promotion is void where prohibited by law. These Official Rules constitute the entire agreement between the participant and the Sponsor in relation to the Promotion and supersede any prior communications. If any provision is held to be invalid or unenforceable, the remaining provisions will continue in full force and effect. No waiver of any provision will be deemed a further or continuing waiver of that or any other provision.

14. Contact

Questions about the Promotion can be directed to Kraken Support at https://support.kraken.com.