PUBLIC OFFER OF THE “ASTERIUM” CRYPTO-EXCHANGE

1. GENERAL PROVISIONS

1.1. This document is a public offer of the Joint-Stock Company «ASTERIUM» (hereinafter referred to as the “Crypto Exchange”), which holds a license for the operation of a crypto exchange issued by the National Agency for Prospective Projects of the Republic of Uzbekistan, and contains all essential terms of the agreement for the provision of services for organizing trading in crypto-assets.

1.2. In accordance with Article 369 of the Civil Code of the Republic of Uzbekistan, upon acceptance of the conditions set forth below and acceptance of this public offer by registration on the Crypto Exchange’s electronic platform, a natural or legal person becomes a Client, and the Crypto Exchange and the Client jointly become the Parties to this agreement.

1.3. According to Articles 364, 370 of the Civil Code of the Republic of Uzbekistan, the agreement is deemed concluded at the moment of the Client’s registration on the Crypto Exchange’s electronic platform. The submission of documents and data stipulated by this public offer confirms the Client’s full and unconditional consent to the terms of this public offer.

1.4. The Client who has accepted this public offer is deemed to have read and agreed to all terms of this public offer, while the agreement in accordance with Articles 366, 370 of the Civil Code of the Republic of Uzbekistan is deemed concluded in writing.

1.5. By accepting this public offer, the Client confirms that they have read and agree with the internal local regulations and other documents of the Crypto Exchange.

2. TERMS AND DEFINITIONS

For the purposes of this public offer, the following terms and definitions are used:

Crypto Exchange — Joint-Stock Company «ASTERIUM», a legal entity registered in accordance with the legislation of the Republic of Uzbekistan, carrying out activities for organizing trading in crypto-assets on the basis of a license issued by the National Agency for Prospective Projects of the Republic of Uzbekistan.

Client — a natural or legal person, including a foreign natural or legal person, who has concluded with the Crypto Exchange an agreement for carrying out operations with crypto-assets on the crypto exchange by accepting this public offer.

Electronic platform of the crypto exchange — the information system and/or software and hardware complex of the Crypto Exchange, within which trading in crypto-assets, clearing, settlements and mutual settlements for transactions with crypto-assets are carried out.

Website — the Crypto Exchange’s internet resource available at asterium.uz, including its software interfaces and mobile applications.

Account (account record) — the Client’s personal account record on the Crypto Exchange’s electronic platform, containing information about the Client, their funds and crypto-assets held by the Crypto Exchange.

Account Deactivation — transfer of the Client’s Account to a state in which the Client’s access to the Account and the ability to perform transactions are terminated, while the Crypto Exchange retains information about the Client and their transactions for the period established by the legislation of the Republic of Uzbekistan.

Crypto-assets — digital assets created and recorded in a distributed information system based on blockchain technology.

Trading in crypto-assets — the process of making transactions for the purchase and sale of crypto-assets for national and/or foreign currency, or the exchange of one type of crypto-asset for another type of crypto-asset on the Crypto Exchange’s electronic platform.

Trading Participant — a Client admitted by the Crypto Exchange to trading in crypto-assets in accordance with local regulations.

Order (request) — the Client’s electronic request for the purchase, sale or exchange of crypto-assets indicating the price and volume.

Crypto Wallet — a software or software-technical tool intended for storing and managing crypto-assets.

Crypto Wallet Address — a unique combination consisting of letters, numbers and symbols in the distributed data ledger, which is used to carry out operations for sending and receiving crypto-assets.

Clearing and Settlement Chamber (CSC) — a structural subdivision of the Crypto Exchange that ensures clearing, settlements and mutual settlements for crypto-exchange transactions through the electronic clearing system.

Clearing — a set of operations aimed at determining, clarifying and offsetting mutual obligations of the Crypto Exchange’s Clients, as well as mutual settlements between them.

User Identification Number (UIN) — a unique code assigned to a clearing participant.

Virtual Account — a special account opened with the Crypto Exchange’s CSC for conducting clearing operations.

CSC Secondary Account — secondary demand deposit accounts of the Crypto Exchange opened with the bank servicing the Crypto Exchange, for storing buyers’ and sellers’ funds and conducting settlements on transactions.

Beneficial Owner (ultimate owner) — a natural person who ultimately owns the property rights or controls the client, including a legal entity, in whose interests a transaction with funds or other property is carried out.

Internal Control — activities for proper client due diligence, risk management of money laundering, terrorist financing and proliferation financing of weapons of mass destruction, identification of suspicious transactions, as well as transactions involving persons who are involved or suspected of being involved in terrorist activities, terrorist financing or proliferation financing of weapons of mass destruction;

Identification — the process of establishing the Client’s identity based on the submitted documents for the purpose of proper client due diligence.

Verification — the procedure for verifying the Client’s identity and the submitted documents confirming the accuracy of identification data.

Suspicious Transaction — a transaction that has signs indicating the possible use of funds for the purpose of money laundering, terrorist financing or proliferation financing of weapons of mass destruction, recognized as suspicious in accordance with Rules No. 3309 dated 09.06.2021, approved by the authorized body and the Department for Combating Economic Crimes of the Republic of Uzbekistan.

Freezing — a ban on the transfer, conversion, disposal or movement of funds or crypto-assets.

Authorized Body — the National Agency for Prospective Projects of the Republic of Uzbekistan.

Specially Authorized State Body — the state body authorized in the field of combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction.

Local Regulations — internal documents of the Crypto Exchange regulating the procedure for the provision of services and available for review by Clients on the Website.

Personal Data — information recorded on electronic, paper and/or other tangible media relating to a specific natural person or allowing their identification.

Client Account — a bank or personal account opened by a bank in the name of and for servicing a natural or legal person (Client).

Bank Card — plastic/virtual bank cards of the national payment systems «HUMO», international payment systems Visa, MasterCard opened in the Client’s name.

3. REQUIREMENTS FOR CLIENTS AND PROCEDURE FOR ESTABLISHING RELATIONSHIPS

3.1. The Crypto Exchange’s services are provided exclusively to persons who have reached the age of majority (18 years).

3.2. The Crypto Exchange is not entitled to establish relationships with:

3.2.1. Minors;

3.2.2. Persons included in the list of persons involved or suspected of being involved in terrorist activities or the proliferation of weapons of mass destruction, in accordance with the legislation on combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction.

3.3. The Client warrants that neither the Client personally, nor their owners and/or persons having significant control over the legal entity represented by the Client (if the Client is a legal entity), are on the UN sanctions lists and have no restrictions on conducting trading activities imposed by the European Union, the Central Bank of the Republic of Uzbekistan, the State Customs Committee of the Republic of Uzbekistan or other administrative and law enforcement agencies.

3.4. The Crypto Exchange has the right to independently determine the geography of its activities and may, at its own discretion, restrict access to services or completely refuse to provide them to Clients from certain countries.

3.5. To establish a relationship with the Crypto Exchange, the Client must undergo the registration procedure on the Crypto Exchange’s electronic platform and provide the following documents and information:

3.5.1. For natural persons — citizens of the Republic of Uzbekistan: a copy of an identity document; personal identification number of the natural person; contact details (email address, phone number).

3.5.2. For natural persons — foreign citizens: a copy of an identity document (passport); contact details (email address, phone number).

3.5.3. For individual entrepreneurs: a copy of an identity document; a copy of the certificate of state registration as an individual entrepreneur; contact details (email address, phone number).

3.5.4. For legal entities: a copy of the certificate of state registration; information about the location of the legal entity; information about the heads of the legal entity; information specified in the founding documents; information about beneficial owners (ultimate owners); contact details (email address, phone number).

3.5.5. Other information and documents provided for by the legislation of the Republic of Uzbekistan, including in the field of combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction, as well as the internal local regulations of the Crypto Exchange.

3.6. The Crypto Exchange has the right to request additional documents and information from the Client for the purpose of identification and verification procedures in accordance with the requirements of legislation and internal local regulations. As part of the verification procedure, the Crypto Exchange carries out biometric identification of the Client, including facial photo fixation and/or image capture in real time to confirm that the Client’s identity matches the submitted documents. Biometric identification is carried out using third-party services.

3.7. After verification of the submitted documents and information, the Crypto Exchange independently decides on the approval or rejection of the Client’s registration on the Crypto Exchange’s electronic platform.

3.8. As a result of establishing a relationship between the Crypto Exchange and the Client on the Crypto Exchange’s electronic platform, an account (Account) is created for the Client, which contains information about the Client, their funds and crypto-assets held by the Crypto Exchange.

3.9. It is prohibited to create more than one account (Account) for one Client on the Crypto Exchange’s electronic platform. In the event that multiple accounts are found for a Client, all Client accounts shall be blocked by the Crypto Exchange without prior notice to the Client.

3.10. The Client undertakes to ensure the confidentiality of passwords, access keys, certificates and other login credentials for the Account. The Client bears full responsibility for all actions performed using the Client’s login credentials.

4. CONSENT TO PERSONAL DATA PROCESSING

4.1. By accepting this public offer, the Client gives their consent to the Crypto Exchange for the processing of the Client’s personal data in accordance with the Law of the Republic of Uzbekistan “On Personal Data”.

4.2. Personal data is processed by the Crypto Exchange for the following purposes:

4.2.1. Execution of the agreement to which the Client is a party;

4.2.2. Identification and verification of the Client;

4.2.3. Providing the Client with access to the Crypto Exchange’s services;

4.2.4. Conducting internal control procedures for combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction;

4.2.5. Compliance with the requirements of the legislation of the Republic of Uzbekistan;

4.2.6. Informing the Client about the Crypto Exchange’s services, changes in the terms of service provision;

4.2.7. Conducting audio or video recording of negotiations with the Client, including recording of correspondence, and storing such information for at least 5 years.

4.3. Processing of personal data includes: collection, systematization, storage, modification, addition, use, provision, distribution, transfer, cross-border transfer, anonymization and destruction of personal data.

4.4. The Client agrees that the Crypto Exchange has the right to process personal data both using automation tools and without using such tools.

4.5. The Client agrees that the Crypto Exchange has the right to transfer the Client’s personal data to the following persons:

4.5.1. The Authorized Body — the National Agency for Prospective Projects of the Republic of Uzbekistan;

4.5.2. The Specially Authorized State Body in the field of combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction;

4.5.3. Law enforcement agencies and other state bodies in cases provided for by the legislation of the Republic of Uzbekistan;

4.5.4. Third parties in cases provided for by the legislation of the Republic of Uzbekistan or this public offer.

4.6. A Client who is a non-resident of the Republic of Uzbekistan gives their consent to the transfer of their personal data to the Authorized Body, the Specially Authorized State Body, law enforcement agencies and other state bodies of the Republic of Uzbekistan in cases provided for by the legislation of the Republic of Uzbekistan, including upon request of such information by these bodies.

4.7. The term for processing the Client’s personal data is determined by the term of the agreement between the Crypto Exchange and the Client, as well as by the information retention periods established by the legislation of the Republic of Uzbekistan, but not less than 5 years from the moment of the Client’s last transaction on the Crypto Exchange’s electronic platform.

4.8. The Client has the right to withdraw consent to the processing of personal data by sending a written notice to the Crypto Exchange. In the event of withdrawal of consent to the processing of personal data, the Crypto Exchange ceases to provide services to the Client and terminates the agreement with the Client in accordance with the procedure provided for in Section 22 of this public offer. The Crypto Exchange ceases processing personal data and destroys personal data within no more than 30 (thirty) calendar days from the date of receipt of the withdrawal, except in cases where the retention of personal data is provided for by the legislation of the Republic of Uzbekistan, including the requirements for storing information about the Client’s transactions for at least 5 years from the moment of the last transaction.

5. DESCRIPTION OF CRYPTO EXCHANGE SERVICES

5.1. The Crypto Exchange provides Clients with access to the Crypto Exchange’s electronic platform for trading participants to carry out actions aimed at the purchase, sale and/or exchange of crypto-assets.

5.2. The Crypto Exchange provides the following main services:

- Organization of trading in crypto-assets on the Crypto Exchange’s electronic platform;

- Ensuring Clients’ access to the Crypto Exchange’s electronic platform;

- Conducting clearing, settlements and mutual settlements for transactions with crypto-assets;

- Storage of Clients’ funds and crypto-assets;

- Provision of information on the status of the Client’s Account;

- Other services provided for by the local regulations of the Crypto Exchange.

5.3. The Crypto Exchange has the right to provide additional services to Clients, including, but not limited to:

- Margin lending;

- Services for providing crypto-assets for use on a repayable basis;

- Services for making transactions based on intermediary relations with Clients;

- Other services defined by the local regulations of the Crypto Exchange.

5.4. The list of crypto-assets admitted to trading on the Crypto Exchange’s electronic platform is determined by the Crypto Exchange and published on the Website.

5.5. The Crypto Exchange has the right at any time to change the list of crypto-assets admitted to trading, to list new crypto-assets or delist crypto-assets in accordance with local regulations.

6. ADMISSION TO TRADING IN CRYPTO-ASSETS

6.1. The Crypto Exchange has the right to grant the status of a trading participant in crypto-assets to any Client who has passed the identification and verification procedures, provided that this does not contradict the legislation of the Republic of Uzbekistan, this public offer or the internal local regulations of the Crypto Exchange.

6.2. Access to the Crypto Exchange’s electronic platform for trading in crypto-assets is provided on the basis of this public offer and the local regulations of the Crypto Exchange.

6.3. A Client excluded from the trading participants due to violation of the rules for trading in crypto-assets may not be admitted to trading for a period determined by the Crypto Exchange, but not less than three months from the date of exclusion.

6.4. The procedure for admitting a Client to trading in crypto-assets, including other services (spot trading, margin trading and others) and products of the Crypto Exchange, as well as exclusion from trading participants in crypto-assets, is determined by the local regulations of the Crypto Exchange.

6.5. The Crypto Exchange, unilaterally and without notice, has the right to refuse a Client’s admission to trading in crypto-assets or suspend the Client’s access to trading in the following cases:

- failure to provide or provision of false documents and information;

- detection of signs of suspicious transactions;

- violation by the Client of the terms of this public offer or local regulations of the Crypto Exchange;

- at the request of state bodies in cases provided for by the legislation of the Republic of Uzbekistan;

- in other cases provided for by the legislation of the Republic of Uzbekistan or local regulations of the Crypto Exchange.

7. PROCEDURE FOR CONDUCTING TRANSACTIONS WITH CRYPTO-ASSETS

7.1. To make a transaction, a trading participant places on the Crypto Exchange’s electronic platform an order (request) for the purchase, sale and/or exchange of crypto-assets.

7.2. Residents of the Republic of Uzbekistan have the right to carry out on the electronic platform of the Platform Operator:

- all types of trading in crypto-assets for national currency, including transactions for the purchase and sale of crypto-assets on the direct trading platform;

- with non-residents of the Republic of Uzbekistan exclusively operations for the sale of crypto-assets for foreign currency.

7.3. Clients’ orders (requests) for the purchase, sale and/or exchange of crypto-assets are subject to execution by the Crypto Exchange at the moment a matching order appears that meets the conditions of the order (request). Delay in the execution of orders (requests), changes to their terms or cancellation after the appearance of a matching order is not permitted.

7.4. To conduct trading (settlements) in crypto-assets, the trading participant transfers respectively funds and/or crypto-assets to the Crypto Exchange’s CSC.

7.5. The trading participant’s funds and crypto-assets are accounted for separately from the funds and crypto-assets of the Crypto Exchange and other participants.

7.6. The Crypto Exchange ensures the execution of transactions for the purchase, sale and/or exchange of crypto-assets in accordance with the rules established by this public offer and local regulations.

7.7. In the event that a trading participant, during trading in crypto-assets, enters into a transaction for the purchase, sale and/or exchange of crypto-assets, the Crypto Exchange is obliged to deduct the amount (quantity) of execution of this transaction from the funds of this trading participant, the crypto-assets accounted for on the CSC secondary account or on the addresses of the Crypto Exchange’s crypto wallets, and credit the corresponding amount (quantity) to the counterparty of the said trading participant.

7.8. The Crypto Exchange’s receipt of remuneration for the provision of services is ensured in the manner and on the terms provided for by this public offer and other local regulations of the Crypto Exchange.

8. DEPOSIT AND WITHDRAWAL OF FUNDS

8.1. Depositing funds into the Client’s Account is carried out by transferring funds to the CSC secondary accounts of the Crypto Exchange opened with the bank servicing the Crypto Exchange. Depositing funds into the Client’s Account is allowed from cards and/or accounts opened in the Client’s name.

8.2. Depositing crypto-assets into the Client’s Account is carried out by transferring crypto-assets to the addresses of the Crypto Exchange’s crypto wallets specified in the Client’s Account.

8.3. Withdrawal of funds from the Client’s Account is carried out by transferring funds from the CSC secondary accounts of the Crypto Exchange to the Client’s account or bank card opened in the Client’s name.

8.4. Withdrawal of crypto-assets from the Client’s Account is carried out by transferring crypto-assets from the addresses of the Crypto Exchange’s crypto wallets to the crypto wallet address specified by the Client.

8.5. Withdrawal of funds from the Client’s Account is carried out in the same currency in which these funds are recorded on the Account balance at the time of submitting the withdrawal request, provided there are no restrictions established by this offer. Conversion between different types of currencies is not performed when withdrawing funds.

8.6. In the event of detection of a suspicious transaction related to crypto-assets or funds, the transfer of funds and transfer of crypto-assets are carried out after the Crypto Exchange has taken measures to prevent the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction.

8.7. The minimum and maximum amounts for depositing and withdrawing funds, the terms for their crediting, as well as fees for depositing and withdrawing funds are published on the Website.

9. REMUNERATION OF THE CRYPTO EXCHANGE (COMMISSION)

9.1. For the provision of services for organizing trading in crypto-assets, depositing and withdrawing funds as specified in Section 8 of the offer, the Crypto Exchange charges Clients a remuneration (commission) in amounts determined by the tariff policy of the Crypto Exchange.

9.2. The amounts of remuneration (commission) are published on the Website or reflected in the interface when performing a transaction and may be changed by the Crypto Exchange unilaterally.

9.3. The Client agrees that the Crypto Exchange has the right to withhold remuneration (commission) when conducting the Client’s transactions by debiting the relevant amounts from the Client’s virtual account in the CSC or from the Client’s crypto-assets.

9.4. The remuneration (commission) is withheld by the Crypto Exchange at the time of the transaction, unless otherwise provided by the local regulations of the Crypto Exchange.

10. OBLIGATIONS OF THE CRYPTO EXCHANGE

10.1. The Crypto Exchange is obliged to:

10.1.1. Ensure transparency of the trading process in crypto-assets, as well as the fulfillment of obligations arising from their results;

10.1.2. Ensure separate accounting of each Client’s obligations;

10.1.3. Ensure the confidentiality of information on the content of transactions and not provide this information to third parties without the Client’s consent, except in cases provided for by the legislation of the Republic of Uzbekistan and this offer;

10.1.4. Daily prepare a report for each trading participant on transactions made for the purchase, sale and/or exchange of crypto-assets and the amount of such transactions, as well as on executed and unexecuted orders (requests) for the purchase, sale and/or exchange of crypto-assets;

10.1.5. Provide Clients with reports on completed transactions on a free-of-charge basis no later than fifteen days from the date of receipt of the Client’s request;

10.1.6. Provide the Authorized Body with reports on completed transactions in the volume and term specified in the request of the Authorized Body;

10.1.7. Store reports on completed transactions for at least five years from the date of preparation;

10.1.8. Take measures to identify, suppress, prevent the use of insider information about crypto-assets, manipulation of their prices, as well as to eliminate the consequences thereof;

10.1.9. Conduct internal control procedures for combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction;

10.1.10. Comply with the requirements of the legislation of the Republic of Uzbekistan and this public offer.

11. OBLIGATIONS OF THE CLIENT. WARRANTIES AND REPRESENTATIONS PROVIDED BY THE CLIENT

11.1. The Client is obliged to:

11.1.1. Provide accurate documents and information when registering on the Crypto Exchange’s electronic platform and in the process of using the Crypto Exchange’s services;

11.1.2. Timely inform the Crypto Exchange of changes in previously provided documents and information;

11.1.3. Ensure the confidentiality of passwords, access keys and other login credentials for the Account;

11.1.4. Comply with the requirements of the legislation of the Republic of Uzbekistan, this public offer and the local regulations of the Crypto Exchange;

11.1.5. Not use the Crypto Exchange’s services for the purpose of legalizing proceeds from crime, terrorist financing or proliferation financing of weapons of mass destruction;

11.1.6. Not use crypto-assets at his disposal for purposes related to the organization and conduct of risk-based games, including, but not limited to: gambling (online casinos, bookmakers, gambling), participation in financial pyramids, fraudulent projects, carrying out P2P transactions with dubious counterparties, phishing, recognized scams, and other types of fraudulent or illegal activities.

The Client confirms that he is aware and accepts all risks associated with transferring Crypto-assets to the addresses of services and platforms that provide the services specified in this clause;

11.1.7. Guarantee the legality of the sources of origin of funds and crypto-assets used to perform transactions on the Crypto Exchange’s electronic platform;

11.1.8. Independently bear responsibility for tax obligations arising from transactions with crypto-assets, including the calculation, withholding and transfer of taxes to the relevant state bodies;

11.1.9. In the event of termination of the agreement, perform obligations that arose prior to its termination.

11.2. The Client warrants that his activities on the Crypto Exchange’s electronic platform are fully legal, and that the sources of crypto-assets are not connected with any illegal activity.

11.3. The Client warrants that the funds and crypto-assets used to perform transactions on the Crypto Exchange’s electronic platform have not been obtained as a result of criminal activity and are not intended for terrorist financing or proliferation financing of weapons of mass destruction.

11.4. By entering into this agreement, the Client warrants that he provides the Crypto Exchange with complete and accurate data, including personal data, necessary and sufficient for identification and verification, and also represents and warrants as follows:

- The Client is a legally capable and competent person, not limited in legal capacity by any of the methods established by the legislation of the Republic of Uzbekistan (or another state, if applicable);

- The Client has been informed of the risks to which persons conducting transactions with crypto-assets are exposed, that crypto-assets are not a means of payment, are not backed by the state, that the acquisition of crypto-assets may lead to a complete loss of funds and other objects of civil rights transferred in exchange for crypto-assets (including as a result of volatility in the value of crypto-assets, technical failures, illegal acts, including theft);

- The Client has never previously been a Client whose account was blocked by the Crypto Exchange.

11.5. The Client warrants that he will have no claims or demands against the Crypto Exchange for compensation of losses or lost profits in the event of blocking or returning crypto-assets to the sender, in cases provided for by this offer.

12. RIGHTS OF THE CRYPTO EXCHANGE

12.1. The Crypto Exchange has the right to:

12.1.1. Request additional documents and information from the Client for the purpose of identification and verification procedures;

12.1.2. Refuse the Client registration on the Crypto Exchange’s electronic platform or admission to trading in crypto-assets without notice and explanation of reasons;

12.1.3. Suspend or terminate the Client’s access to the Crypto Exchange’s electronic platform in cases provided for by this public offer, local regulations or the legislation of the Republic of Uzbekistan without notice and explanation of reasons;

12.1.4. Block the Client’s Account, freeze the Client’s funds in the event of detection of suspicious transactions, at the request of state bodies or in other cases provided for by the legislation of the Republic of Uzbekistan in accordance with Section 14 of this offer;

12.1.5. List and delist crypto-assets in accordance with the local regulations of the Crypto Exchange;

12.1.6. Change the amounts of remuneration (commission) in accordance with the market situation;

12.1.7. Amend and supplement this public offer and local regulations unilaterally;

12.1.8. Participate in trading in crypto-assets as a trading participant, provided that information on its participation in trading in crypto-assets is disclosed, and measures to resolve the conflict of interest arising in connection with such participation are adopted and disclosed;

12.1.9. Conduct transactions on its own behalf and for its own interests with the Client’s consent and in the absence of a Client’s assignment (order) with its funds and crypto-assets, provided that the funds and crypto-assets are returned in full within the period agreed by the parties;

12.1.10. Conduct audio or video recording of negotiations with Clients, including recording of correspondence, and store such information for at least 5 years;

12.1.11. Transfer the Client’s personal data to the Authorized Body, the Specially Authorized State Body, law enforcement agencies and other state bodies in cases provided for by the legislation of the Republic of Uzbekistan.

12.2. The Crypto Exchange has the right at any time, at its own discretion or at the request of law enforcement agencies, to block, restrict or close Clients’ Accounts, as well as suspend operations with funds and crypto-assets without notice and explanation of reasons for such decisions.

13. RIGHTS OF THE CLIENT

13.1. The Client has the right to:

13.1.1. Use the Crypto Exchange’s services in accordance with this public offer and local regulations;

13.1.2. Receive information on the status of their Account;

13.1.3. Request reports on completed transactions;

13.1.4. Withdraw free funds and crypto-assets from their Account;

13.1.5. Contact the Crypto Exchange’s support service regarding issues related to the use of the Crypto Exchange’s services;

13.1.6. Withdraw consent to the processing of personal data in the manner provided for by this public offer;

13.1.7. Terminate the agreement with the Crypto Exchange in the manner provided for by this public offer.

14. ACCOUNT BLOCKING AND FREEZING OF FUNDS

14.1. The Crypto Exchange has the right to block the Client’s Account and/or freeze the Client’s funds in the following cases:

- detection of suspicious transactions;

- violation by the Client of the terms of this public offer or local regulations of the Crypto Exchange;

- provision by the Client of false documents and information;

- establishment of the fact that the Client’s identification data matches a person included in the list of persons involved or suspected of being involved in terrorist activities or the proliferation of weapons of mass destruction;

- at the request of state bodies in cases provided for by the legislation of the Republic of Uzbekistan;

- upon detection of signs of use of the Account by third parties;

- upon detection of signs of price manipulation of crypto-assets;

- upon detection of a technical failure leading to incorrect crediting of funds;

- in the event of detection of facts of the Client’s use of crypto-assets for the purposes specified in clause 11.1.6 of this offer;

- in the event of receipt at the Client’s crypto wallet address of crypto-assets with high risk (recognized as suspicious);

- in other cases provided for by the legislation of the Republic of Uzbekistan.

14.2. Blocking of the Account and/or freezing of funds is carried out for the period necessary to conduct the investigation, but not more than 30 (thirty) calendar days, unless a different period is provided for by the legislation of the Republic of Uzbekistan or a decision of state bodies.

14.3. The period specified in clause 14.2 of this Offer may be extended by the Crypto Exchange unilaterally in case of the need for additional verification of the Client’s actions. The Crypto Exchange notifies the Client of the extension and tentative completion dates via available communication channels.

14.4. The Crypto Exchange is obliged to unblock the Account and/or unfreeze the Client’s funds after the reasons for blocking (freezing) have been resolved or after the expiration of the blocking (freezing) period, unless otherwise instructed by state bodies.

15. LIABILITY OF THE PARTIES

15.1. For non-performance or improper performance of obligations under this public offer, the Parties shall be liable in accordance with the legislation of the Republic of Uzbekistan.

15.2. The Crypto Exchange shall not be liable for:

- losses of the Client arising from changes in the exchange rates of crypto-assets;

- losses of the Client arising from the Client’s investment decisions based on information posted on the Website or provided by third parties;

- technical failures in the operation of the Crypto Exchange’s electronic platform caused by force majeure circumstances;

- unauthorized access of third parties to the Client’s Account as a result of the Client disclosing their login credentials;

- delays in transaction processing caused by actions of banks, payment systems, blockchain network operators or liquidity sources used for order books;

- actions of third parties, including hacker attacks, DDoS attacks, viruses and other malicious programs aimed at disrupting the operation of the Crypto Exchange’s electronic platform;

- transactions with “dirty crypto-assets” (crypto-assets linked to criminal activity), if the Crypto Exchange did not know and could not have known about the origin of such crypto-assets at the time of the Client’s transaction.

- loss of funds by the Client as a result of transferring crypto-assets to addresses of services providing services for organizing and conducting risk-based games (gambling), including, but not limited to: online games, various financial pyramids, casinos, bookmakers, gambling, fraudulent projects, P2P transactions, phishing and participation in DeFi projects or scams, etc.

15.3. The Crypto Exchange shall not be liable for the Client’s actions performed outside the Crypto Exchange’s electronic platform, including for:

- the Client linking bank cards or wallets not belonging to the Client to the Account;

- fraudulent actions of the Client against third parties;

- damage caused to third parties as a result of the Client’s actions.

15.4. The Client undertakes to indemnify and hold the Crypto Exchange harmless from any claims, lawsuits, demands and sanctions of third parties (including, but not limited to, payment systems, banks, state bodies, natural and legal persons) arising in connection with:

- the Client’s violation of the terms of this offer and local regulations of the Crypto Exchange;

- the Client’s violation of the legislation of the Republic of Uzbekistan and other jurisdictions;

- the Client’s use of payment instruments of third parties with/without their consent;

- the Client providing false information or forged documents;

- any other actions or inactions of the Client that resulted in claims being brought against the Crypto Exchange.

15.5. The Client gives their unconditional consent that in the event that third parties bring claims (complaints, lawsuits) against the Crypto Exchange in connection with the Client’s actions, the Crypto Exchange has the right, without additional confirmation from the Client, to debit from the Client’s virtual account in the CSC or the equivalent in crypto-assets:

- amounts of third-party claims;

- costs of legal defense;

- fines, penalties paid by the Crypto Exchange;

- other documented losses.

15.6. The Client undertakes to compensate the Crypto Exchange for all other losses incurred by the Crypto Exchange as a result of the Client’s actions that violate the terms of this public offer, local regulations or the legislation of the Republic of Uzbekistan.

15.7. The Client independently bears full responsibility for:

- the accuracy of the submitted documents and information;

- the legality of the sources of origin of funds and crypto-assets;

- compliance with the tax legislation of the country of which they are a resident;

- the safety of login credentials for access to the Account;

- all transactions performed using the Client’s login credentials.

15.8. The Crypto Exchange shall not be liable to third parties for any actions or inactions of the Client that caused damage or losses to such persons.

15.9. The Client’s obligations to compensate for damages and indemnify the Crypto Exchange from third-party claims remain in force after the termination of this offer with respect to events that occurred during its validity period.

16. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

16.1. The Crypto Exchange does not warrant that the services provided through the Crypto Exchange’s electronic platform will fully meet the needs of all Clients.

16.2. The Crypto Exchange shall not be liable for third-party content, including offensive, defamatory, obscene or other inappropriate materials that may appear while using the Website.

16.3. The Crypto Exchange does not guarantee uninterrupted operation of the electronic platform, its security and timeliness of service provision. The Crypto Exchange shall not be liable for failures and interruptions in the operation of the electronic platform not directly caused by the actions of the Crypto Exchange.

16.4. The Crypto Exchange makes efforts to create a secure environment, but does not guarantee the complete absence of viruses or other harmful elements on the Website or servers. Clients are recommended to use antivirus software.

16.5. The Crypto Exchange shall not be liable for problems with the preservation, modification or deletion of Client information.

16.6. The Crypto Exchange shall not be liable for unintentional typographical errors and mistakes on the Website, however, it reserves the right to correct any inaccuracies at any time.

16.7. The Crypto Exchange does not guarantee the accuracy, completeness or reliability of any materials on the electronic platform, including advertising and other content. Use of the Website materials is at the Client’s own risk.

16.8. Comments and reviews of Clients and other persons express solely their personal opinion and do not reflect the position of the Crypto Exchange. The Crypto Exchange does not endorse these opinions and bears no legal responsibility for the content of Client comments.

16.9. Official notices are sent via official announcements on the Website, email, SMS, push notifications, phone calls or regular mail. The Crypto Exchange shall not be liable for information received through unofficial channels.

17. COMBATING THE LEGALIZATION OF PROCEEDS FROM CRIME, TERRORIST FINANCING AND PROLIFERATION FINANCING OF WEAPONS OF MASS DESTRUCTION

17.1. The Crypto Exchange carries out its activities in accordance with the requirements of the legislation of the Republic of Uzbekistan on combating the legalization of proceeds from crime, terrorist financing and proliferation financing of weapons of mass destruction.

17.2. The Crypto Exchange conducts procedures for identification and verification of Clients, proper client due diligence, transaction monitoring, detection and prevention of suspicious transactions.

17.3. In the event of detection of a suspicious transaction, the Crypto Exchange is obliged to send a report on the suspicious transaction to the Specially Authorized State Body no later than one working day from the moment of detection of the suspicious transaction.

17.4. In the event of establishing the fact that the Client’s identification data matches a person included in the list of persons involved or suspected of being involved in terrorist activities or the proliferation of weapons of mass destruction, the Crypto Exchange is obliged to immediately and without notifying the Client suspend operations and/or freeze the Client’s funds and report this to the Specially Authorized State Body.

17.5. The Crypto Exchange has the right to request additional information and documents from the Client for conducting internal control procedures.

17.6. The Crypto Exchange has the right to refuse the Client to conduct a transaction or terminate the relationship with the Client in the event of failure to provide the requested information and documents or detection of signs of suspicious transactions.

17.7. In the event of receipt at the Client’s crypto wallet address of crypto-assets with high risk (recognized as suspicious), the Crypto Exchange freezes and blocks the crypto-assets to verify the sources of funds, and if the sources of funds are not confirmed, returns them to the sender of the crypto-assets.

18. CONFIDENTIALITY AND INFORMATION PROTECTION

18.1. The Crypto Exchange undertakes to ensure the confidentiality of information about the Client and not to disclose such information to third parties, except in cases provided for by the legislation of the Republic of Uzbekistan or this public offer.

18.2. The Crypto Exchange has the right to disclose information about the Client to the Authorized Body; the Specially Authorized State Body; law enforcement agencies and other state bodies upon their request; in cases provided for by the legislation of the Republic of Uzbekistan.

18.3. The Crypto Exchange ensures the protection of Clients’ personal data in accordance with the requirements of the legislation of the Republic of Uzbekistan on personal data.

18.4. All audio and video recordings of negotiations, as well as the history of correspondence, are stored by the Crypto Exchange strictly in accordance with the requirements of applicable legislation and internal security standards. This information is used exclusively for the purposes of ensuring transaction security, resolving disputes and fulfilling regulatory requirements. The Crypto Exchange guarantees that these recordings are not used for other purposes and are not transferred to third parties without the explicit consent of the Client, except in cases expressly provided for by law and this offer.

18.5. The Client undertakes to ensure the confidentiality of their login credentials for access to the Account and not to transfer such data to third parties.

19. APPLICABLE LAW

19.1. This public offer and the relationship between the Crypto Exchange and the Client are governed by the legislation of the Republic of Uzbekistan.

19.2. All disputes arising from or in connection with this public offer shall be resolved in accordance with the legislation of the Republic of Uzbekistan.

20. DISPUTE RESOLUTION PROCEDURE

20.1. All disputes, disagreements or claims arising from or in connection with this public offer, including those concerning its execution, breach, termination or invalidity, shall be resolved through negotiations between the Parties.

20.2. The Parties undertake to notify each other of any dispute within 30 (thirty) calendar days from the moment of its occurrence and to attempt to resolve the dispute informally before going to court.

20.3. In the event that the dispute cannot be resolved through negotiations, the dispute shall be subject to judicial consideration at the Client’s location.

20.4. Disputes related to the alleged unlawful use of copyrights, trademarks, trade names, logos, trade secrets or patents belonging to the Crypto Exchange shall be subject to judicial consideration at the location of the party that violated such rights of the Crypto Exchange. In all other cases, the rules specified in clause 20.3 of this offer shall apply.

20.5. Disputes between the Crypto Exchange and the Client shall be resolved on the basis of the latest current version of this public offer posted on the Crypto Exchange’s electronic platform at the time of initiating the dispute resolution procedure (sending a claim or filing a court application).

20.6. The Client acknowledges and agrees that:

the terms of the offer in the current version shall apply to all disputed legal relations, including events that occurred before amendments were made to the offer;

continued use of the Crypto Exchange’s electronic platform after amendments and additions to the offer means the Client’s unconditional consent to the application of the new terms to previously existing legal relations;

the Client’s liability provided for by the current version of the offer shall extend to all actions of the Client, regardless of the date of their commission.

20.7. When considering a dispute, each Party is obliged to disclose evidence supporting its position.

20.8. The Client waives the right to participate in class actions for any disputes arising from this public offer, if such right is provided for by applicable law. The Client also agrees not to act as a representative of other persons in consolidated claims if the Crypto Exchange is a party to the litigation.

21. AMENDMENT OF THE PUBLIC OFFER TERMS

21.1. The Crypto Exchange has the right at any time to make changes and additions to this offer, replace the offer with a new version, make changes and additions to local regulations unilaterally.

21.2. Notice of the changes and additions is posted on the Website from the moment the changes take effect.

21.3. Changes and additions take effect from the moment of their publication on the Website, unless a different date is specified in the notice of changes.

21.4. Continued use of the Crypto Exchange’s services by the Client after the amendments and additions take effect shall be deemed as the Client’s consent to such amendments and additions.

21.5. In the event of the Client’s disagreement with the new terms, the Client is obliged to stop using the Crypto Exchange’s services and send a notice of termination of the agreement before the changes take effect.

21.6. Amendments and additions made to this public offer shall apply to the relations of the Parties from the moment they take effect, unless otherwise provided by the terms of the amendments.

22. TERM AND TERMINATION PROCEDURE OF THE AGREEMENT

22.1. The agreement between the Crypto Exchange and the Client shall take effect from the moment the Client accepts this public offer by registering on the Crypto Exchange’s electronic platform and is valid indefinitely.

22.2. The Client has the right to terminate the agreement unilaterally by sending a written notice to the Crypto Exchange. The agreement shall be deemed terminated after 30 (thirty) calendar days from the date of receipt by the Crypto Exchange of the notice of termination of the agreement.

22.3. The Crypto Exchange has the right to terminate the agreement unilaterally in the following cases:

22.3.1. Violation by the Client of the terms of this public offer or local regulations of the Crypto Exchange;

22.3.2. Provision by the Client of false documents and information;

22.3.3. Detection of signs of suspicious transactions;

22.3.4. Establishment of the fact that the Client’s identification data matches a person included in the list of persons involved or suspected of being involved in terrorist activities or the proliferation of weapons of mass destruction;

22.3.5. At the request of state bodies in cases provided for by the legislation of the Republic of Uzbekistan.

22.4. The Client shall be notified of the termination of the agreement at the initiative of the Crypto Exchange by sending a notice to the email address specified by the Client during registration, no later than 7 (seven) calendar days from the date of termination of the agreement.

22.5. Upon termination of the agreement, regardless of the reason for the termination, the Client is obliged to:

22.5.1. Fulfill all obligations that arose before the termination of the agreement;

22.5.2. Withdraw all available funds and crypto-assets from their Account within the period specified in the notice of termination of the agreement, but no later than 30 (thirty) calendar days from the date of termination of the agreement.

22.6. If the Client does not withdraw the funds and crypto-assets within the period specified in clause 22.5.2 of this public offer, the Crypto Exchange has the right to charge a fee for the storage of funds and crypto-assets in the amount determined by the tariff policy of the Crypto Exchange.

22.7. The Client shall under no circumstances be entitled to demand termination of the agreement to avoid checks related to the internal control program.

22.8. Termination of the agreement does not release the Parties from liability for violations committed during the term of the agreement.

22.9. Termination of the agreement for any reason entails deactivation of the Account. After the Client fulfills the obligations provided for in clause 22.5 of this public offer, or after the expiration of the period specified in clause 22.5.2, the Client’s Account is transferred to the deactivation state.

22.10. Deactivation of the Account is not a blocking of the Account within the meaning of Section 14 of this public offer. Information about the Client and the transactions performed by them is retained by the Crypto Exchange for the period established by the legislation of the Republic of Uzbekistan, regardless of the termination of the agreement, deactivation of the Account, withdrawal by the Client of consent to the processing of personal data or any other expression of the Client’s will.

22.11. The Client understands and agrees that they are not entitled to demand the deletion of the Account and/or information until the expiration of the specified period. The Client’s request for data deletion, including that made upon withdrawal of consent to the processing of personal data in accordance with clause 4.8 of this public offer, shall be executed exclusively in the part that does not affect the information for which the legislation establishes a retention obligation.

22.12. After the expiration of the retention period established by law, information about the Client is subject to deletion, except in cases where longer retention is provided for by the legislation of the Republic of Uzbekistan or is due to the existence of unfulfilled obligations, unresolved disputes or demands of state bodies.

23. FORCE MAJEURE CIRCUMSTANCES

23.1. The Parties shall be released from liability for non-performance or improper performance of obligations under this public offer if such non-performance or improper performance was the result of force majeure circumstances.

23.2. Force majeure circumstances are understood as extraordinary and unavoidable circumstances that arose after the conclusion of the agreement, which the Party could neither foresee nor prevent by reasonable measures, including, but not limited to: natural disasters, military actions, terrorist acts, epidemics, changes in legislation that prohibit or significantly restrict the activities of the Crypto Exchange, global technical failures, actions of hackers, DDoS attacks.

23.3. The Party for which the impossibility of fulfilling obligations due to force majeure circumstances has arisen is obliged to immediately notify the other Party of the occurrence of such circumstances. The Crypto Exchange makes such notification by posting relevant information on the website and the official source of the Crypto Exchange.

23.4. In the event of force majeure circumstances, the term for fulfilling obligations under this public offer shall be postponed in proportion to the duration of such circumstances and their consequences.

23.5. If force majeure circumstances continue for more than 30 (thirty) calendar days, each of the Parties has the right to terminate the agreement unilaterally.

24. FINAL PROVISIONS

24.1. If any provision of this public offer is held to be invalid or unenforceable, this shall not affect the validity of the remaining provisions of this public offer.

24.2. To submit complaints, feedback or questions, the Client has the right to contact the Crypto Exchange’s support service at the email address: [email protected], indicating identifying information.

24.3. This public offer sets forth the full understanding of the Parties regarding the subject matter of this public offer and supersedes all prior agreements and communications relating thereto.

24.4. No provisions or conditions of any other document provided to the Crypto Exchange that differ from, are inconsistent with, or supplement the provisions and conditions set forth in this public offer shall be binding on the Parties unless such provisions or conditions are approved by the Crypto Exchange in writing.

24.5. The Client represents and warrants that all information provided to the Crypto Exchange in connection with this public offer is true, accurate and complete.

24.6. The Client represents and warrants that they have fully read and agree with the content and terms of this offer.

24.7. This public offer is drawn up in Russian and Uzbek. In the event of a discrepancy between the texts in Russian and Uzbek, the Russian text shall prevail.

24.8. The local regulations of the Crypto Exchange mentioned in this public offer are an integral part of this public offer and are posted on the Website at: asterium.uz.

Name: Joint-Stock Company «ASTERIUM»

Address: Republic of Uzbekistan, Tashkent city, Saida Baraka street 12A

Settlement account: 2020 8000 2071 9832 6003 (UZS)

Settlement account: 2020 8840 3071 9832 6002 (USD)

Bank: JSC «OCTOBANK»

MFO: 00980

SWIFT: RVBKUZ22

TIN: 311 876 558

OKED: 62090

Email address: [email protected]

Website: asterium.uz

License for the operation of a crypto exchange No. CE#0006 issued by the National Agency for Prospective Projects of the Republic of Uzbekistan dated 02.04.2026.

Tashkent city

This document is the intellectual property of JSC «ASTERIUM». Any copying, distribution or use of this document in whole or in part without the written permission of JSC «ASTERIUM» is prohibited and is prosecuted by law.

© JSC «ASTERIUM», 2026