General Terms and Conditions of Business of Schwarzman LLC

1.Object of the Business Relationship

The subject matter of these Terms of Use of Schwarzman LLC (hereinafter “Schwarzman” or “Schwarzman Capital”) is the granting of permission for the ongoing use of the functions of the web and mobile applications of Schwarzman or Schwarzman Capital (hereinafter the “Technology Platform”).

2.Scope of Application and Intended Use

(1) These Terms apply to the entire business relationship between the Customer and Schwarzman.

(2) Schwarzman provides financial services in cooperation with LCX, Kraken, Bank Frick, Copper Markets, and FV Bank (hereinafter the “Partners”). The Customer does not enter into direct contractual relationships with the Partners. Schwarzman itself contracts with the Partners and provides services based on the frameworks, restrictions, and operational requirements imposed by them. The Customer acknowledges and accepts that Schwarzman has no influence over decisions or actions of its Partners, including but not limited to transaction freezes, account restrictions, or suspension of services. The risk of such Partner-imposed measures rests solely with the Customer. Schwarzman shall not be held liable for any consequences arising from Partner decisions.

(3) The Technology Platform is intended solely for private use by natural persons domiciled in jurisdictions that meet the legal and contractual prerequisites for using the services of Schwarzman. No warranty is given that the information and content of the Technology Platform comply with the laws of jurisdictions outside such scope.

3.Scope of Services, No Investment Advice

(1) The information provided on the Technology Platform is for informational purposes only. Accessing such content does not establish a contractual relationship unless expressly stated otherwise.

(2) The content does not constitute investment, legal, or tax advice. Customers are solely responsible for obtaining independent professional advice as needed.

(3) Orders placed by Customers shall be processed exclusively via the Technology Platform and are subject to verification and compliance checks. Delays may occur as a result of regulatory requirements, Partner restrictions, or force majeure.

(4) Minimum investment thresholds apply, beginning at USD 10,000 or the equivalent of EUR 10,000.

(5) All services are provided strictly on a best-efforts basis. No assurance or warranty of execution, profitability, or outcome is given. Section 9 (Limitation of Liability) applies in full.

4.Conditions of Use for the Technology Platform

(1) Customers may issue orders and access portfolio information exclusively within the scope provided.

(2) Internet access is the responsibility of the Customer.

(3) Registration requires accurate and complete data and acceptance of these Terms.

(4) Orders are binding once submitted through the Technology Platform and cannot be revoked.

(5) Schwarzman may decline orders at its sole discretion for compliance, risk management, or regulatory reasons.

(6) Schwarzman reserves the right to block, suspend, or permanently exclude Customers for good cause.

(7) Customers consent to the electronic transmission of documents and communications.

(8) All services are provided strictly on a best-efforts basis and are subject in full to Section 9 (Limitation of Liability).

5. Data Privacy

Schwarzman complies with applicable data protection laws. Customer data is processed exclusively to the extent required for contractual performance or if consent has been granted. Data may be transmitted to Partners and processing agents to the extent necessary for the execution of orders. Customers acknowledge that Partner data protection frameworks may indirectly apply, and accept that Schwarzman bears no responsibility for such frameworks.

6.Duties of the Customer

(1) The Customer is obligated to:

Refrain from misuse of the Technology Platform,

Verify transaction details before confirmation,

Notify Schwarzman immediately of changes to personal information,

Review account statements and notifications without delay,

Acknowledge that Schwarzman’s services are subject to Partner requirements, which may affect availability or execution of services,

Use the services personally or through duly authorized representatives only.

(2) Misuse, unauthorized use, or loss of access data must be reported to Schwarzman immediately.

(3) Customers acknowledge that any changes, freezes, restrictions, or terminations imposed by Partners are outside the control of Schwarzman and constitute risks borne solely by the Customer.

7.Communication

The primary form of communication is electronic (via the Technology Platform or email). Schwarzman may, at its discretion, also use written or telephonic communication.

8.Outage / Maintenance Work

(1) Schwarzman operates a continuously monitored server system.

(2) Service interruptions may occur due to maintenance, security measures, or force majeure.

(3) Customers acknowledge that uninterrupted access cannot be guaranteed. Section 9 (Limitation of Liability) applies.

9.Limitation of Liability

(1) Schwarzman, its affiliates, employees, agents, and Partners disclaim all liability for any damages, including direct, indirect, incidental, consequential, or special damages, arising from outages, interruptions, or use of the Technology Platform.

(2) Schwarzman assumes no liability for the accuracy, completeness, or timeliness of forecasts, data, or Partner-provided content.

(3) Schwarzman is not liable for actions or omissions of Partners, including restrictions, freezes, or account closures.

(4) Responsibility for securing the Customer’s devices and access environment lies solely with the Customer.

(5) No liability is assumed for force majeure or other unavoidable events beyond Schwarzman’s control.

10. Term, Yield, and Termination

(1) Contracts are concluded for an indefinite period, subject to a minimum term of five (5) years. During this initial minimum term, termination by the Customer is excluded.

(2) Upon expiry of the initial five-year minimum term, contracts shall automatically renew for successive periods of twelve (12) months each. Renewal continues annually unless the Customer requests termination and Schwarzman, at its sole discretion, consents to such request. If Schwarzman does not consent, the contract shall nevertheless continue to renew annually. This ensures that the contract remains in force without interruption, always in favor of Schwarzman.

(3) The Customer may request termination only by providing a valid reason. Schwarzman retains absolute discretion to accept or reject such request, taking into account liquidity and operational risks.

(4) Schwarzman may terminate the relationship at any time, including with immediate effect for good cause.

(5) Upon termination, the Customer is entitled solely to repayment of funds actually available to Schwarzman, after deduction of all applicable fees, costs, Partner-imposed restrictions, and market-related losses. No guarantee is given that 100% of the paid-in capital will be returned.

(6) Reference Deposit Requirement

(a) In order to obtain and maintain a Schwarzman Card, the Customer must provide a minimum reference deposit of €10,000 (or the equivalent of USD 10,000).

(b) This reference deposit is separate from and not interchangeable with any funds the Customer uses for exchanges, settlements, or account transactions.

(c) The deposit must remain with Schwarzman for the entire duration of the card’s validity. Early withdrawal is not permitted while the card is active.

(d) The reference deposit accrues interest of 0.5% per month, calculated annually. Such interest is applied exclusively to offset the annual card fee and is not guaranteed as a direct payout to the Customer.

11.Final Provisions

(1) Schwarzman LLC is domiciled in the Cayman Islands.

(2) The governing law for these Terms and all contractual relationships is exclusively the law of the Cayman Islands, with the exclusion of international private law.

(3) The exclusive place of jurisdiction for disputes is the Cayman Islands. If proceedings are exceptionally brought in London (UK) for reasons of practicality, the governing law shall nevertheless remain the law of the Cayman Islands without exception.

(4) If any provision of these Terms is found invalid or unenforceable, the validity of the remaining provisions shall not be affected.

(5) Schwarzman reserves the right to amend these Terms by providing at least two (2) months’ notice. Amendments are deemed accepted unless expressly rejected by the Customer prior to the effective date