TREASURY GENERAL TERMS AND CONDITION

A. Registration

1. After downloading the Treasury App available on the Play Store or through the treasury.id website, users are required to fill in their personal data in a digital form, which includes name (as per ID), mobile phone number, National Identification Number (NIK), gender, date of birth, email, mobile phone number, address, password, and PIN, as well as required documents, such as ID data, Taxpayer Identification Number (NPWP), Family Card (for inheritance purposes), and bank account data to be used in the Treasury App.

2. All provided data must be consistent with each other (e.g., bank account data must match the data on the ID; any discrepancy may result in failed withdrawals from the proceeds of gold sales to the user’s account, which Treasury is not liable for).

3. To ensure security and convenience for users in conducting transactions, Treasury will require users to undergo various data and information verification processes during registration, which include but are not limited to submitting a photo of their ID and a selfie, which will be verified by Treasury within 2×24 hours on business days.

4. Treasury will send an email to verify the user’s data, and the user is then asked to follow the instructions in the email.

5. Treasury will send a confidential OTP code to the user’s registered mobile phone number, and the user is asked to enter the OTP code as instructed to complete the registration process.

6. For security reasons and convenience during the delivery of printed gold, users are requested to enable GPS on their devices while using the Treasury App.

7. Each email, ID, mobile phone number, and bank account can only be used for one Treasury account. Treasury reserves the right to block any accounts found to be using duplicate personal data.

8. Users can log in using the mobile phone number or email used for Treasury account registration after verification has been completed, and may add or change Security Questions, modify their Password and/or PIN in the Settings submenu under the Profile menu.

9. Users may complete ID and NPWP data in the KYC submenu and the NPWP submenu under the Profile menu for further verification by Treasury within 2×24 hours on business days.

10. In conducting various transactions in the Treasury App, users may only conduct transactions using a single device. Switching devices will render the previous device unusable for concurrent transactions with the new device. The use of two or more devices for transactions in close or simultaneous timing is classified as a violation of the Terms and Conditions of the Treasury App, and Treasury reserves the right to reject or cancel such transactions and to include the user on the Treasury blacklist.

11. Failure to conduct transactions in the Treasury App due to errors and/or discrepancies in user data, including but not limited to ID, NPWP, Family Card, or bank account data, is not the responsibility of Treasury.

12. Treasury reserves the right to reject user registrations or block registered user accounts if deemed suspicious or not in compliance with the laws and regulations of the Republic of Indonesia, the regulations of the relevant authorities, and the applicable Terms and Conditions, or if the user has been blacklisted by Treasury.

13. These Terms and Conditions serve as a binding agreement between the Treasury user and Treasury.

14. Users can access Profit/Loss information from Total Assets held in Rupiah or percentage units. Users acknowledge that such Profit/Loss information is not absolute and/or entirely accurate and may change over time in line with the market fluctuations of the Commodities displayed in the Treasury App.

15. If there are any promotions related to user registration in the Treasury App, the Terms and Conditions of such promotions also bind the user.

16. Users who have been blacklisted by Treasury are not permitted to participate in promotions organized by Treasury or other third parties in collaboration with Treasury. The promotions as referred to in these provisions also include vouchers, gold bonuses, or other benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or nullify vouchers, gold bonuses, or other benefits provided by Treasury that are held by users who have been blacklisted or those not entitled to receive them and/or acquired them in violation of these Terms and Conditions.

17. The Terms and Conditions for Treasury App registration may change at any time without prior notice to users.

18. The provisions regarding the submission of user information are subject to the Treasury App’s privacy policy, which is binding on users.

19. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury App before conducting any transactions through the Treasury App.

20. By registering and conducting transactions (including but not limited to gold purchases, sales, transfers, and minting) in the Treasury App, users are deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury App. Violations of any or all of these provisions grant Treasury the authority to take actions, including but not limited to blocking the user’s account.

21. Users acknowledge and agree not to use the Treasury App for money laundering and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be liable if users use the Treasury App for such prohibited activities as described in this provision. If Treasury finds indications of illegal use of the Treasury App, Treasury will follow up by reporting it to the relevant law enforcement agencies.

22. Any form of fraud and/or criminal activity committed by users and/or other parties in operating and/or transacting in the Treasury App will be reported to the relevant law enforcement authorities.

23. Each Treasury user is not permitted to transfer or grant power of attorney to others to operate their Treasury account. Treasury will not be responsible for any fraudulent and/or criminal acts and/or losses arising from such transfer or granting of power of attorney, and all losses will be fully borne by the Treasury user.

24. Treasury is not responsible for errors arising from the negligence of Treasury users.

25. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

26. Treasury does not permit users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

27. Treasury is not responsible for activities and/or transactions conducted by users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury along with its entire management, employees, and consultants from liability, including but not limited to legal and financial responsibility, for misuse of activities and/or features and/or transactions conducted by users.

28. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, having obtained approval from the Commodity Futures Trading Regulatory Agency (BAPPEBTI), Ministry of Trade of the Republic of Indonesia, on December 13, 2021, based on the Head of BAPPEBTI’s Decree Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader for PT Indonesia Logam Pratama and Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that the transactions conducted by users on our platform are secure.

B. Wallet

1. “Wallet” is a balance owned by the Treasury App User, which amount is self-funded by the User within the Treasury App. The Wallet balance can be topped up through the “Top Up Wallet” feature and withdrawn through the “Withdraw Wallet” feature in the form of Indonesian Rupiah, and can be used for transaction payments within the Treasury App including but not limited to gold purchases.

2. Wallet Balance Top-Up can be made using Digital Wallet payment options, namely: through Gopay, OVO, DANA, LinkAja, ShopeePay, and/or purchase with direct transfer/Buy Gold through various payment channels, which include: BNI virtual account that can be paid through various bank payment channels selected by the User; BCA virtual account that can only be paid through BCA payment channels; Mandiri virtual account that can only be paid through Mandiri payment channels; BRI virtual account that can only be paid through BRI payment channels; Danamon virtual account that can only be paid through Danamon payment channels; CIMB NIAGA virtual account that can only be paid through CIMB NIAGA payment channels; Permata virtual account that can be paid through various bank payment channels selected by the User; Maybank virtual account that can only be paid through Maybank payment channels; KEB Hana Indonesia virtual account that can only be paid through KEB Hana Indonesia payment channels; and/or by direct debit using Jenius Pay, BNI SmartPay and/or offline payment methods, as well as other payment methods that have been or will be applied by Treasury for the convenience of Users, whether currently existing or in the future, which will be displayed in the Treasury App. Terms and conditions regarding offline transactions will depend on the mechanisms regulated by each respective payment service provider as referred to, which include but are not limited to the provisions regarding the maximum transactions that can be made by the User.

3. Payments for transactions using the Wallet balance will directly reduce the Wallet balance when the transaction status is successful.

4. The result of Gold Sales Transactions aimed at the Wallet in the Treasury App will be processed within up to 2 (two) business days.

5. Users can perform Wallet Balance Withdrawals after completing KYC with ID verification and a selfie.

6. The withdrawal proceeds will be transferred to the bank account registered by the User in the Treasury App within up to 2 (two) business days, subject to and following the operational banking time regulations.

7. The maximum Wallet Balance for users who have not verified their ID is IDR 2,000,000.00 (two million Rupiah), and for users who have verified their ID, it is IDR 1,000,000,000,000.00 (one trillion Rupiah).

8. The minimum Wallet Balance Top-Up through a virtual account is IDR 10,000.00 (ten thousand Rupiah) and the maximum is IDR 100,000,000.00 (one hundred million Rupiah), excluding administrative fees.

9. The minimum Wallet Balance Top-Up through a Digital Wallet is IDR 500 (five hundred Rupiah) and the maximum is IDR 10,000,000.00 (ten million Rupiah), excluding administrative fees.

10. The minimum Wallet Balance Top-Up through Instant Debit is IDR 500.00 (five hundred Rupiah) and the maximum is IDR 100,000,000.00 (one hundred million Rupiah), excluding administrative fees.

11. The minimum Wallet Balance Top-Up through Retail Outlets is IDR 10,000.00 (ten thousand Rupiah) and the maximum is IDR 2,500,000.00 (two million five hundred thousand Rupiah), excluding administrative fees.

12. Users will be charged an administrative fee for Wallet Balance Top-Up according to the deposit method chosen.

13. The minimum Wallet Balance Withdrawal is IDR 5,000.00 (five thousand Rupiah), excluding administrative fees.

14. An Administrative Fee for Wallet Balance Withdrawal of IDR 3,000.00 (three thousand Rupiah) will be charged for disbursement destination accounts other than BNI.

15. Failure in conducting various transactions in the Treasury App caused by errors and/or discrepancies in User data, including but not limited to ID data, NPWP, Family Card, bank account, is not the responsibility of Treasury.

16. Treasury has the right to reject User transactions or block registered User accounts that are indicated by Treasury as suspicious and not in compliance with the laws and regulations of the Republic of Indonesia, the regulations of the relevant authorities, as well as the applicable Terms and Conditions, and Users who have been blacklisted by Treasury.

17. Users can access Profit/Loss information from the Total Assets owned in Rupiah or percentage units. Users acknowledge that such Profit/Loss information is not absolute and/or completely accurate and will change from time to time following the price fluctuations of the Commodity Assets displayed in the Treasury App.

18. In the event of a promo related to Wallet Balance Top-Up in the Treasury App, the Terms and Conditions regarding the promo also apply to the User.

19. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties working with Treasury. The promotions referred to in these terms include vouchers, gold bonuses, or other forms and benefits provided by Treasury. Treasury has the right to cancel transactions and/or void vouchers, gold bonuses, or other forms and benefits provided by Treasury owned by Users who have been blacklisted or who are not entitled to receive such benefits and/or obtained by Users but not in accordance with these Terms and Conditions.

20. The Terms and Conditions for Wallet may change at any time without prior notice to the User.

21. The provision regarding the submission of User information is subject to the privacy policy of the Treasury App, which is binding on the User.

22. Users are advised to read carefully all Terms and Conditions, Privacy Policies, and various other terms and conditions available in the Treasury App before conducting any transactions through the Treasury App.

23. These Terms and Conditions apply as a binding agreement between the Treasury User and Treasury.

24. By performing Wallet Balance Top-Up and transactions (including but not limited to purchase, sale, transfer, and minting of gold) in the Treasury App, the User is deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policies, and various other terms and conditions available in the Treasury App. Violation of any or all of these provisions grants Treasury the authority to take actions including but not limited to blocking the User’s account.

25. The User states that they understand and agree not to use the Treasury App for money laundering activities and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if the User uses the Treasury App for the prohibited activities as referred to in this provision. If Treasury finds any indication of the illegal use of the Treasury App, Treasury will follow up on this by reporting it to the relevant law enforcement authorities.

26. All forms of fraud and/or criminal acts committed by Users and/or other parties in operating and/or transacting in the Treasury App will be followed up with the relevant law enforcement agencies.

27. Each Treasury User is not allowed to transfer or grant authority to others to operate the Treasury User’s account. Treasury will not be responsible for any forms of fraud and/or criminal acts and/or losses arising from such transfer or granting of authority to operate the account, and all losses will be fully borne by the Treasury User.

28. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

29. All types of malware attacks, data theft, and other security breaches caused by the use of devices that have undergone jailbreak or root are not the responsibility of Treasury.

30. Treasury does not allow Users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

31. Treasury is not responsible for activities and/or transactions conducted by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury along with all its management, employees, and consultants from responsibility, including but not limited to legal and financial liability, for misuse of activities and/or features and/or transactions conducted by Users.

32. Treasury is a commodity trading platform that includes but is not limited to the first digital physical gold trading platform that has obtained approval from the Commodity Futures Trading Supervisory Agency, the Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decision Letter of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are securely guaranteed.

C. Digital Wallet

1. Currently, there are five options available for Digital Wallet payment methods, namely Gopay, OVO, DANA, LinkAja, and ShopeePay.

2. If the User makes a payment using Gopay, the User’s Gopay balance will decrease, and the amount of gold in grams will increase according to the transaction made, with an administrative fee of 2% (two percent) (excluding 11% VAT) for each purchase amount.

3. If the User makes a payment using OVO, the User’s OVO balance will decrease, and the amount of gold in grams will increase according to the transaction made, with an administrative fee of 1.5% (one point five percent) (excluding 11% VAT) for each purchase amount.

4. If the User makes a payment using DANA, the User’s DANA balance will decrease, and the amount of gold in grams will increase according to the transaction made, with an administrative fee of 1.5% (one point five percent) (excluding 11% VAT) for each purchase amount.

5. If the User makes a payment using LinkAja, the User’s LinkAja balance will decrease, and the amount of gold in grams will increase according to the transaction made, with an administrative fee of 1.5% (one point five percent) (excluding 11% VAT) for each purchase amount.

6. If the User makes a payment using ShopeePay, the User’s ShopeePay balance will decrease, and the amount of gold in grams will increase according to the transaction made, with an administrative fee of 1.5% (one point five percent) (excluding 11% VAT) for each purchase amount.

7. The terms and conditions regarding administrative fees may change at any time, whether increasing or decreasing, in accordance with the policies of third parties providing the payment systems included in the Digital Wallet, or if there are promotions conducted by Treasury or third parties.

8. The minimum payment amount through the Digital Wallet in the Treasury App is IDR 5,000.00 (five thousand Rupiah), excluding administrative fees and taxes.

9. The maximum payment amount through the Digital Wallet in the Treasury App is IDR 10,000,000.00 (ten million Rupiah), excluding administrative fees and taxes.

10. The payment amount that will be billed to the User for payment is the accumulation of the transaction value, administrative fees, and applicable taxes.

11. Failure to conduct various transactions in the Treasury App due to errors and/or discrepancies in User data, including but not limited to ID data, NPWP, Family Card, or bank account, is not the responsibility of Treasury.

12. Treasury has the right to reject User payments or block registered User accounts that are indicated and considered suspicious by Treasury and do not comply with the laws and regulations of the Republic of Indonesia, the regulations of the relevant authorities, and the applicable Terms and Conditions, as well as Users who have been blacklisted by Treasury.

13. Users can access Profit/Loss information from the Total Assets owned in Rupiah or percentage units. Users acknowledge that such Profit/Loss information is not absolute and/or completely accurate and will change over time following the price fluctuations of Commodity Assets displayed in the Treasury App.

14. In the event of a promo related to the User’s Digital Wallet in the Treasury App, the Terms and Conditions regarding the promo also apply to the User.

15. Users who have been blacklisted by Treasury are not permitted to participate in promotions conducted by Treasury or other third parties cooperating with Treasury. The promotions referred to in these terms include vouchers, gold bonuses, or other forms and benefits provided by Treasury. Treasury has the right to cancel transactions and/or void vouchers, gold bonuses, or other forms and benefits provided by Treasury owned by Users who have been blacklisted or who are not entitled to receive such benefits and/or obtained by Users but not in accordance with these Terms and Conditions.

16. The Terms and Conditions regarding Digital Wallets in the Treasury App may change at any time without prior notice to the User.

17. The provision regarding the submission of User information is subject to the privacy policy of the Treasury App, which is binding on the User.

18. Users are advised to read carefully all Terms and Conditions, Privacy Policies, and various other terms and conditions available in the Treasury App before conducting any transactions through the Treasury App.

19. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

20. By conducting transactions (which include but are not limited to gold purchases, sales, transfers, and minting) in the Treasury App, the User is deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policies, and various other terms and conditions available in the Treasury App. Violation of any or all of these provisions grants Treasury the authority to take actions including but not limited to blocking the User’s account.

21. The User declares that they understand and agree not to use the Treasury App for money laundering activities and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if the User uses the Treasury App for the prohibited activities as referred to in this provision. If Treasury finds any indication of the illegal use of the Treasury App, Treasury will follow up on this by reporting it to the relevant law enforcement authorities.

22. All forms of fraud and/or criminal acts committed by Users and/or other parties in operating and/or transacting in the Treasury App will be followed up with the relevant law enforcement agencies.

23. Each Treasury User is not allowed to transfer or grant authority to others to operate the Treasury User’s account. Treasury will not be responsible for any forms of fraud and/or criminal acts and/or losses arising from such transfer or granting of authority to operate the account, and all losses will be fully borne by the Treasury User.

24. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

25. All types of malware attacks, data theft, and other security breaches caused by the use of devices that have undergone jailbreak or root are not the responsibility of Treasury.

26. Treasury does not allow Users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

27. Treasury is not responsible for activities and/or transactions conducted by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury along with all its management, employees, and consultants from responsibility, including but not limited to legal and financial liability, for misuse of activities and/or features and/or transactions conducted by Users.

28. Treasury is a commodity trading platform that includes but is not limited to the first digital physical gold trading platform that has obtained approval from the Commodity Futures Trading Regulatory Agency, the Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decision Letter of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are securely guaranteed.

D. Instant Debit

1. Instant Debit is a partner banking account option that provides instant payments that can be completed immediately through the Treasury App. Currently, there are two options available for Instant Debit: purchasing gold through Jenius Pay and BNI SmartPay.

2. If the User makes a payment using Jenius Pay, they must use the $Cashtag and follow the subsequent steps. The User’s Jenius Pay balance will be deducted and the gold balance will increase according to the transaction made, with an administrative fee of 1% (one percent) (excluding 11% VAT) for each purchase transaction made.

3. If the User makes a payment using BNI SmartPay, they must first register their BNI SmartPay account in the Bank Account menu. To complete the payment transaction, the User must respond to the PIN Challenge SMS sent by BNI SmartPay. The cost incurred by the User for responding to the PIN Challenge SMS for each transaction made will be in accordance with the applicable terms set by BNI and/or the User’s telecommunications provider. The balance in the BNI account linked to the User’s BNI SmartPay account will be deducted, and the gold balance will increase in accordance with the transaction made, with an administrative fee of IDR 5,000.00 (five thousand Rupiah) (excluding 11% VAT) for each purchase transaction made.

4. The terms and conditions regarding administrative fees are subject to change at any time, whether increased or decreased, according to the policies of the third party providing the payment system available in Instant Debit, or if there are promotions offered by Treasury or the third party.

5. The minimum payment amount through Instant Debit is IDR 5,000.00 (five thousand Rupiah), excluding administrative fees and taxes.

6. The total amount due to be paid by the User will be the accumulation of the transaction value, administrative fees, and applicable taxes.

7. Any transaction failure within the Treasury App due to errors and/or inconsistencies in the User’s data, including but not limited to data on KTP, NPWP, Family Card, and bank account details, is not the responsibility of Treasury.

8. Treasury reserves the right to reject the User’s transaction through Instant Debit or block the User’s registered account if Treasury indicates and deems it suspicious or not in compliance with the laws and regulations of the Republic of Indonesia, relevant authority regulations, as well as the applicable Terms and Conditions, including Users who have been placed on Treasury’s blacklist.

9. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

10. The User can access Profit/Loss information from the total assets owned, expressed in Rupiah or percentage. The User acknowledges that such Profit/Loss information is not absolute and/or completely accurate and may change over time according to the fluctuations in commodity asset prices displayed on the Treasury App.

11. In the event that there are promotions related to the User’s Instant Debit within the Treasury App, the terms and conditions of these promotions shall also be binding upon the User.

12. Users who have been placed on Treasury’s blacklist are not allowed to participate in promotions conducted by Treasury or other third parties in cooperation with Treasury. These promotions include, but are not limited to, vouchers, gold bonuses, or other forms of benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or nullify vouchers, gold bonuses, or other forms of benefits provided by Treasury to Users who have been placed on the blacklist, who are ineligible to receive such benefits, and/or who obtained such benefits in violation of these Terms and Conditions.

13. The Terms and Conditions for Instant Debit are subject to change at any time without prior notice to the User.

14. Provisions regarding the submission of User information data are subject to the privacy policy of the Treasury App, which is binding upon the User.

15. Users are advised to read carefully all Terms and Conditions, Privacy Policy, and other provisions within the Treasury App before conducting any transactions through the Treasury App.

16. By conducting transactions (including but not limited to purchasing, selling, transferring, and minting gold) in the Treasury App, the User is deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policy, and other provisions within the Treasury App. Violation of any or all of these provisions grants Treasury the authority to take actions including, but not limited to, blocking the User’s account.

17. The User hereby acknowledges and agrees not to use the Treasury App for money laundering activities and/or financing terrorism and/or proliferation of weapons of mass destruction and/or other illegal activities. Treasury shall not be responsible if the User utilizes the Treasury App for activities prohibited as referred to in this provision. If Treasury finds any indication of such illegal activities, Treasury will follow up by reporting to the relevant law enforcement agencies.

18. Any fraud and/or criminal acts committed by the User and/or other parties in operating and/or conducting transactions within the Treasury App will be reported to the relevant law enforcement agencies.

19. Each Treasury User is not allowed to transfer and/or delegate authority to another person to operate their Treasury account. Treasury shall not be held responsible for fraud and/or criminal acts and/or losses arising from the transfer and/or delegation of authority to operate the account, and all losses shall be fully borne by the Treasury User.

20. Treasury shall not be held responsible for errors arising from the negligence of Treasury Users.

21. All types of malware attacks, data theft, and other security breaches caused by the use of devices that have undergone jailbreaking or rooting are not the responsibility of Treasury.

22. Treasury does not allow Users to use the Treasury App to conduct activities and/or transactions that are not related to the activities and/or features and/or transactions provided and/or promoted by Treasury. Treasury shall not be responsible for activities and/or transactions conducted by Users that are not related to the activities and/or features and/or transactions provided by Treasury within the Treasury App.

23. Users hereby understand and agree to release Treasury, including its management, employees, and consultants, from responsibility, including but not limited to legal and financial liability, for the misuse of activities and/or features and/or transactions conducted by Users.

24. Treasury is a commodity trading platform, including but not limited to digital physical gold trading, which has obtained authorization from the Commodity Futures Trading Regulatory Agency of the Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that the transactions conducted by Users on our platform are secure.

E. Gold Buy

1. Gold purchases can be made using Digital Wallet payment options, including: Gopay, OVO, DANA, LinkAja, ShopeePay, and/or direct transfer/Buy Gold through various payment channels, such as: BNI virtual account, which can be paid through selected bank payment channels; BCA virtual account, which can only be paid through BCA payment channels; Mandiri virtual account, which can only be paid through Mandiri payment channels; BRI virtual account, which can only be paid through BRI payment channels; Danamon virtual account, which can only be paid through Danamon payment channels; CIMB NIAGA virtual account, which can only be paid through CIMB NIAGA payment channels; Permata virtual account, which can be paid through selected bank payment channels; Maybank virtual account, which can only be paid through Maybank payment channels; KEB Hana Indonesia virtual account, which can only be paid through KEB Hana Indonesia payment channels; Bank Syariah Indonesia (BSI) virtual account, which can only be paid through Bank Syariah Indonesia (BSI) payment channels; Neobank (BNC) virtual account, which can only be paid through Neobank (BNC) payment channels; BJB virtual account, which can only be paid through BJB payment channels; Permata Syariah virtual account, which can only be paid through Permata Syariah payment channels; and/or through direct debit using Jenius Pay, BNI SmartPay, and/or offline payment methods, as well as other payment options that have been or will be implemented by Treasury for User convenience, both currently available or in the future, as displayed in the Treasury App. Terms and conditions regarding offline transactions will depend on the mechanisms established by each respective payment provider, including but not limited to provisions on the maximum transaction amount that can be conducted by the User.

2. The maximum total amount of Gold purchases in a single day is Rp100,000,000.00 (one hundred million Rupiah).

3. Gold obtained by the User through purchasing Gold on the Treasury App is categorized as organic Gold.

4. Gold purchased by the User using the Wallet Voucher Balance and/or obtained free of charge through promotions conducted by Treasury and/or e-commerce partners and/or the Treasury marketplace is not categorized as organic Gold.

5. The maximum transfer amount for each transaction directed to virtual accounts at BNI, BCA, Mandiri, BRI, Danamon, CIMB NIAGA, Permata, Maybank, and KEB Hana Indonesia, as well as other bank options that are or will be available on the Treasury App, will be subject to the payment terms of each bank used by the User.

6. The Gold purchase price, as per the invoice, will be locked for 60 (sixty) minutes when the User initiates a purchase using the direct transfer method/Buy Gold through payments directed to a virtual account and/or offline payment methods via Alfamart, Alfamidi, Lawson, and Dan+Dan.

7. The Gold purchase price, as per the invoice, will be locked for 26 (twenty-six) seconds when the User initiates a purchase using the direct payment method/Buy Gold through OVO.

8. The Gold purchase price, as per the invoice, will be locked for 1 (one) minute when the User initiates a purchase using the direct payment method/Buy Gold through GoPay and/or ShopeePay. If the User closes the GoPay and/or ShopeePay payment page, the invoice will automatically be canceled.

9. The Gold purchase price, as per the invoice, will be locked for 5 (five) minutes when the User initiates a purchase using the direct payment method/Buy Gold through DANA and/or LinkAja. If the User closes the DANA and/or LinkAja payment page, the invoice will automatically be canceled.

10. The Gold purchase price, as per the invoice, will be locked for 10 (ten) minutes when the User initiates a purchase using the direct payment method/Buy Gold through Jenius Pay.

11. The Gold purchase price, as per the invoice, will be locked for approximately 3 (three) minutes when the User initiates a purchase using the direct payment method/Buy Gold through BNI SmartPay.

12. For transactions via the BNI payment channel, both BNI and Treasury will send notifications to the User as reminders for payment execution and confirmations of successful payments.

13. For transactions via payment channels at BCA, Mandiri, BRI, Danamon, CIMB NIAGA, Permata, Maybank, KEB Hana Indonesia, and Gopay, Treasury will send notifications to the User as reminders for payment execution and confirmations of successful payments.

14. For transactions via offline payment channels at Alfamart, Alfamidi, Lawson, and Dan+Dan, Treasury will send notifications to the User as reminders for payment execution and confirmations of successful payments.

15. For transactions via the OVO payment channel, both OVO and Treasury will send notifications to the User as reminders for payment execution and confirmations of successful payments.

16. For transactions via the Jenius Pay payment channel, both Jenius Pay and Treasury will send notifications to the User as reminders for payment execution and confirmations of successful payments.

17. The notification of the amount to be paid by the User will include the total price of the Gold plus administrative fees and taxes.

18. Gold purchases must be completed by entering a confidential Transaction PIN known only to the respective User of the Treasury App.

19. The Gold purchase price changes continuously over time (by the minute), following global Gold price fluctuations, which can be monitored by the User through the Treasury App.

20. Users can only make Gold purchases and/or other transactions using one device, with a maximum of 3 (three) transactions within 1 (one) minute. Treasury reserves the right to cancel transactions made by Users who do not comply with these terms. Cancellations will be applied to all transactions made within the close timeframe.

21. Gold purchased will automatically be entrusted to Treasury without any fees and time limits as per the User’s preference and will be recorded in the User’s Treasury account.

22. Gold entrusted can be sold based on the selling price at the time the User decides to sell, be printed and physically collected, or transferred to other Treasury Users in accordance with the applicable Terms and Conditions.

23. Users are limited to a maximum of 10 (ten) transactions per day on the Treasury Apps for Gold purchases and/or Gold minting and/or Big Orders and/or Charity and/or Zakat. Failures in conducting various transactions on the Treasury Apps due to errors and/or data discrepancies from the User, including but not limited to data such as ID cards, Tax Identification Numbers (NPWP), Family Cards, bank accounts, are not the responsibility of Treasury.

24. Treasury reserves the right to cancel a User’s Gold purchase or block the registered User’s account that Treasury deems suspicious and not in compliance with the laws of the Republic of Indonesia, regulations of the relevant authorities, as well as the applicable Terms and Conditions, and Users who have been blacklisted by Treasury.

25. Users can access Profit/Loss information from the Total Assets they own, displayed in Rupiah or percentages. Users acknowledge that the Profit/Loss information is not absolute and/or fully accurate and may change at any time in line with the market price fluctuations of the Commodity Assets displayed on the Treasury Apps.

26. In case of promotions related to Gold purchases, the Terms and Conditions regarding the promotions also apply to the User.

27. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or any third parties working in collaboration with Treasury. The promotions referred to in this provision include vouchers, Gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, Gold bonuses, or other forms and benefits granted to blacklisted Users or those who are not entitled to them and/or obtained by Users but in violation of these Terms and Conditions.

28. The Terms and Conditions for Gold purchases may change at any time without prior notice to the User.

29. The provisions regarding the submission of User data are subject to the privacy policy of the Treasury Apps, which is binding on the User.

30. Users are advised to carefully read all Terms and Conditions, Privacy Policy, and other provisions available on the Treasury Apps before conducting any transactions through the Treasury Apps.

31. These Terms and Conditions serve as a binding agreement between the Treasury Users and Treasury.

32. By conducting transactions (including but not limited to Gold purchases, sales, transfers, and minting) on the Treasury Apps, the User is deemed to have understood, acknowledged, and agreed to all the Terms and Conditions, Privacy Policy, and other provisions available on the Treasury Apps. Violation of any or all of these provisions grants Treasury the authority to take actions, including but not limited to blocking the User’s account.

33. Users acknowledge and agree not to use the Treasury Apps for money laundering activities and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other unlawful acts. Treasury shall not be held liable if the User uses the Treasury Apps for activities prohibited as mentioned in this provision. If Treasury detects any indication of unlawful use of the Treasury Apps, Treasury will follow up by reporting it to the relevant law enforcement authorities.

34. Any form of fraud and/or criminal acts committed by Users and/or other parties in operating and/or transacting on the Treasury Apps will be followed up with the relevant law enforcement authorities.

35. Each Treasury User is not allowed to transfer and/or grant authorization to others to operate the User’s Treasury account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of authorization to operate the account, and all losses will be fully borne by the Treasury User.

36. Treasury will not be liable for errors arising from the negligence of Treasury Users.

37. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not Treasury’s responsibility.

38. Treasury does not allow Users to use the Treasury Apps for activities and/or transactions that are not provided and/or promoted by Treasury.

39. Treasury is not responsible for activities and/or transactions conducted by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury Apps. The User hereby understands and agrees to release Treasury, along with all its management, employees, and consultants, from any liability, including but not limited to legal and financial responsibility, for the misuse of activities and/or features and/or transactions conducted by the User.

40. Treasury is a commodity trading platform, including but not limited to being the first digital physical gold trading platform that has been licensed by the Commodity Futures Trading Regulatory Agency (BAPPEBTI), Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama, and the Digital Physical Gold Trader Approval Certificate Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are secure.

F. Gold Sell

1. The minimum gold sale amount via the Treasury App is IDR 5,000.00 (five thousand Rupiah) after the User’s total purchase reaches 0.05 (zero point zero five) grams.

2. The proceeds from the gold sale will be transferred to the bank account registered by the User in the Treasury App within 2 (two) business days, subject to and in accordance with banking operational hours. Ensure that the data entered is accurate.

3. Proceeds from gold sales directed to the Wallet in the Treasury App will be added to the Wallet balance within a maximum of 2 (two) business days.

4. In the case of gold sales involving gold still undergoing verification, the proceeds will be transferred to the bank account registered by the User in the Treasury App within 3 (three) calendar days, subject to and in accordance with banking operational hours. Ensure that the data entered is accurate.

5. Gold sales must be conducted by entering a Transaction PIN, which is confidential and only known to the respective Treasury App User.

6. The gold selling price is constantly changing (every minute), following fluctuations in global gold prices, which can be monitored by the User through the Treasury App.

7. The User can only sell gold and/or conduct other transactions using a single device, with a maximum of 3 (three) transactions allowed within 1 (one) minute. Treasury reserves the right to cancel transactions conducted by the User that do not comply with this provision. Cancellation of transactions will result in the cancellation of all transactions conducted within a close time frame.

8. The gold selling price will be locked for 1 (one) minute when the User initiates the sale.

9. Failures in conducting gold sales and/or withdrawing the proceeds from gold sales in the Treasury App due to errors and/or discrepancies in the User’s data, including but not limited to ID card (KTP), taxpayer ID (NPWP), family card, and bank account data, will not be the responsibility of Treasury.

10. If there is a promotion related to gold sales, the terms and conditions of the promotion will also apply to the User.

11. Users are limited to a maximum of 10 (ten) transactions per day on the Treasury App for gold purchases and/or sales and/or gold minting and/or Big Orders and/or donations and/or Zakat.

12. Treasury reserves the right to cancel the User’s gold sales or block the User’s registered account if Treasury detects suspicious activity or if the activity is deemed non-compliant with the laws and regulations of the Republic of Indonesia, the regulations of the relevant authorities, or these Terms and Conditions, as well as if the User is blacklisted by Treasury. Users can access Profit/Loss information from their Total Assets in Rupiah or percentage. The User understands that this Profit/Loss information is not absolute and/or fully accurate and may change at any time, following fluctuations in commodity market prices displayed in the Treasury App.

13. If there is a promotion related to the User’s gold sales in the Treasury App, the terms and conditions of the promotion will also apply to the User.

14. Users who are blacklisted by Treasury are not permitted to participate in promotions conducted by Treasury or other third parties in cooperation with Treasury. Promotions referred to in this provision include vouchers, gold bonuses, or other forms of benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, gold bonuses, or other benefits provided to Users who are blacklisted or are not eligible to receive them and/or have acquired them in violation of these Terms and Conditions.

15. These gold sale terms and conditions are subject to change at any time without prior notice to the User.

16. Provisions regarding the submission of User data are subject to the privacy policy of the Treasury App, which binds the User.

17. Users are advised to carefully read all Terms and Conditions, Privacy Policy, and other terms contained in the Treasury App before conducting any transaction through the Treasury App.

18. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

19. By conducting transactions (including but not limited to the purchase, sale, transfer, and minting of gold) on the Treasury App, the User is deemed to have acknowledged, understood, and agreed to all the Terms and Conditions, Privacy Policy, and other terms contained in the Treasury App. Violations of any or all of these terms authorize Treasury to take actions, including but not limited to blocking the User’s account.

20. The User acknowledges and agrees not to use the Treasury App for money laundering and/or terrorist financing and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if the User uses the Treasury App for activities prohibited under this provision. If Treasury detects any indication of illegal use of the Treasury App, Treasury will take appropriate action, including reporting the matter to the relevant law enforcement authorities.

21. Any fraud and/or criminal acts committed by the User and/or other parties in operating and/or conducting transactions in the Treasury App will be followed up with the relevant law enforcement authorities.

22. Each Treasury User is prohibited from transferring and/or granting power to another person to operate the User’s Treasury account. Treasury will not be responsible for any fraud and/or crimes and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

23. Treasury will not be responsible for any errors arising from the negligence of Treasury Users.

24. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted will not be the responsibility of Treasury.

25. Treasury does not permit Users to use the Treasury App for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

26. Treasury will not be responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury, along with its management, employees, and consultants, from all liabilities, including but not limited to legal and financial liabilities, for the misuse of activities and/or features and/or transactions conducted by Users.

27. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading. Treasury has been licensed by the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on BAPPEBTI Head Decision Letter Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama, and Digital Physical Gold Trader Approval Certificate Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are secure.

G. Gold Minting

1. The minimum amount of Gold that can be printed is 0.1 (zero point one) gram.

2. Users can print Gold after completing KYC verification and purchasing at least 0.1 (zero point one) gram of Gold, excluding the Gold balance that is still under verification.

3. There is no limit to the number of Gold mintings per day for each unit of physical Gold.

4. Users can print more than 1 (one) Gold unit with different or the same denominations.

5. Gold delivery will be carried out through courier services in collaboration with Treasury and the gold company PT Untung Bersama Sejahtera, a partner of Treasury, with shipping and insurance costs borne by the Treasury User.

6. Users must show the registered email account on their Treasury Apps at the time of receiving the physical Gold.

7. Gold minting costs will be borne by the User.

8. Gold minting costs may change at any time based on the provisions of Treasury’s partners who will carry out the Gold minting.

9. The cost of minting Gold varies for each gram of Gold, and its details are available in the Treasury Apps.

10. All minting, shipping, and insurance costs for Gold minting requests can be paid using the User’s Gold savings, which have been adjusted to the Gold price at the time of the Gold minting request.

11. Gold delivery will only be carried out on business days.

12. Gold minting can only be performed by entering the Transaction PIN, which is confidential and only known to the respective Treasury Apps User.

13. For security reasons, Gold reception can only be carried out by the respective Treasury User and cannot be represented by any other party.

14. The time for Gold minting and delivery until the Gold is received by the User is a maximum of 7 (seven) business days from the time the Gold minting request is sent, except in cases of force majeure.

15. Failures in carrying out various transactions in the Treasury Apps due to errors and/or discrepancies in User data, including but not limited to KTP data, NPWP, Family Card, and bank accounts, are not Treasury’s responsibility.

16. Treasury reserves the right to reject User transactions or block registered User accounts that Treasury deems suspicious or non-compliant with the laws of the Republic of Indonesia, regulations of relevant authorities, applicable Terms and Conditions, as well as Users who have been blacklisted.

17. In the event of promotions related to Gold minting, the Terms and Conditions regarding the promotion also apply to the User.

18. Users are limited to conducting a maximum of 10 (ten) transactions per day on the Treasury Apps for Gold purchases, sales, minting, Big Orders, Charity, and Zakat.

19. Users can access Profit/Loss information from the Total Assets owned in Rupiah or percentage units. Users acknowledge that this Profit/Loss information is not absolute and/or entirely accurate and will change over time following market price fluctuations of the Commodity Assets displayed in the Treasury Apps.

20. Users who are blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or any other third parties working with Treasury. Such promotions as referred to in this provision include vouchers, Gold bonuses, or other forms and benefits provided by Treasury. Treasury has the right to cancel transactions and/or revoke vouchers, Gold bonuses, or other forms and benefits provided by Treasury that are owned by blacklisted Users or those not eligible to receive them, or that were obtained by Users in violation of these Terms and Conditions.

21. The Terms and Conditions for Gold Minting may change at any time without prior notice to the User.

22. The provisions regarding the provision of User data information are subject to the privacy policy of the Treasury Apps, which are binding on the User.

23. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and various other provisions in the Treasury Apps before conducting any transactions through the Treasury Apps.

24. These Terms and Conditions serve as a binding agreement between the Treasury User and Treasury.

25. By conducting transactions (which include but are not limited to Gold purchases, sales, transfers, and minting) in the Treasury Apps, Users are deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury Apps. Violations of any or all of these provisions grant Treasury the authority to take actions that include but are not limited to account blocking.

26. Users acknowledge and agree not to use the Treasury Apps for money laundering activities and/or terrorism financing and/or proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if Users use the Treasury Apps for such prohibited activities. In the event that Treasury detects indications of unlawful use of the Treasury Apps, Treasury will report such activities to the relevant law enforcement authorities.

27. All forms of fraud and/or criminal activities committed by Users and/or other parties in the operation and/or transactions in the Treasury Apps will be followed up with the relevant law enforcement authorities.

28. Each Treasury User is prohibited from transferring and/or authorizing others to operate their Treasury account. Treasury will not be responsible for fraud and/or criminal activities and/or losses arising from the transfer and/or granting of authority to operate the account, and all losses will be fully borne by the Treasury User.

29. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

30. All types of malware attacks, data theft, and other security breaches caused by the use of jailbroken or rooted devices are not Treasury’s responsibility.

31. Treasury does not allow Users to use the Treasury Apps for activities and/or transactions that are not provided and/or promoted by Treasury.

32. Treasury is not responsible for activities and/or transactions conducted by Users that are not provided by Treasury on the Treasury Apps. Users hereby understand and agree to release Treasury and all its management, employees, and consultants from liability, including but not limited to legal and financial responsibilities, for misuse of activities and/or features and/or transactions conducted by Users.

33. Treasury is a commodity trading platform that includes but is not limited to the first digital physical gold trading platform that has obtained a license from the Commodity Futures Trading Supervisory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are secure.

H. Gold Shipment

1. Delivery of Gold will be carried out through courier services in collaboration with Treasury and PT Untung Bersama Sejahtera as Treasury’s gold partner, with delivery and insurance costs borne by Treasury Users. Users can choose from courier services such as RPX, Paxel, and SAP, as well as other courier services available or that will be available on the Treasury App.

2. Users can choose Paxel courier service for the delivery of Nusantara Coins if the purchase of Nusantara Coins does not exceed Rp5,000,000.00 (five million Rupiah), which already includes delivery fees, insurance, and VAT of 1.1% (one point one percent).

3. Users can choose the RPX courier service for the delivery of gold bars up to a maximum of 100 (one hundred) grams in one invoice.

4. Users can choose the Paxel courier service if the delivery is within the DKI Jakarta Province, limited to North Jakarta, Central Jakarta, East Jakarta, West Jakarta, and South Jakarta; West Java Province, limited to Depok City, Bekasi City, Bekasi Regency, Bogor City, and Bandung City; Banten Province, limited to South Tangerang City and Tangerang City; Central Java Province, limited to Semarang City and Surakarta or Solo City; East Java Province, limited to Surabaya City and Malang City; and Yogyakarta Special Region, limited to Yogyakarta City.

5. Users can choose the RPX courier service if the delivery is within the DKI Jakarta Province, limited to North Jakarta, Central Jakarta, East Jakarta, West Jakarta, and South Jakarta; West Java Province, limited to Depok City, Bandung City, Bandung Regency, Bogor City, Cirebon City, Cimahi City, Karawang Regency, Purwakarta Regency, Bekasi City; Banten Province, limited to South Tangerang City, Tangerang City, and Tangerang Regency; Central Java Province, limited to Boyolali Regency, Demak Regency, Semarang City, and Surakarta or Solo City, Salatiga City; Yogyakarta Special Region, limited to Yogyakarta City, Bantul Regency, Sleman Regency; East Java Province, limited to Gresik Regency, Mojokerto City, Pasuruan City, Surabaya City, Sidoarjo Regency; Bali Province, limited to Denpasar City; West Kalimantan Province, limited to Pontianak City; South Kalimantan Province, limited to Banjarmasin City and Banjarbaru City; East Kalimantan Province, limited to Balikpapan City; Riau Islands Province, limited to Batam City; Riau Province, limited to Pekanbaru City; South Sulawesi Province, limited to Makassar City; South Sumatra Province, limited to Palembang City; North Sumatra Province, limited to Medan City.

6. Users can choose the SAP courier service if the delivery is within the Provinces of Nanggroe Aceh Darussalam, North Sumatra, South Sumatra, West Sumatra, Bengkulu, Riau, Riau Islands, Jambi, Lampung, Bangka Belitung, West Kalimantan, East Kalimantan, South Kalimantan, Central Kalimantan, North Kalimantan, Banten, DKI Jakarta, West Java, Central Java, Yogyakarta Special Region, East Java, Bali, East Nusa Tenggara, West Nusa Tenggara, Gorontalo, West Sulawesi, Central Sulawesi, North Sulawesi, Southeast Sulawesi, South Sulawesi, North Maluku, Maluku, West Papua, and Papua.

7. The delivery coverage areas follow the coverage areas of RPX, Paxel, and SAP courier services, which may change at any time without prior notice to Users.

8. Gold delivery will only be carried out on working days.

9. The time for gold processing and delivery until receipt by the User is a maximum of 7 (seven) working days from the date the gold print request is sent, unless there are force majeure conditions.

10. For security reasons, the receipt of gold can only be made by the respective Treasury User and cannot be represented by anyone else.

11. Failure to carry out various transactions on the Treasury App due to errors and/or discrepancies in User data, including but not limited to KTP (identity card), NPWP (tax identification number), Family Card, bank account, is not the responsibility of Treasury.

12. The User agrees to release any claims, demands, or other legal actions against Treasury for delayed and/or lost and/or damaged gold deliveries due to force majeure, such as but not limited to natural disasters, riots, uprisings, and other conditions beyond the control of Treasury and/or caused by negligence and/or errors of the courier service.

13. The User acknowledges and agrees to release any claims, demands, or legal actions against Treasury for gold deliveries that are detained and/or confiscated and/or destroyed by authorized parties such as but not limited to customs, quarantine, police, prosecutors, and other authorities.

14. The User will release any claims, demands, or legal actions against Treasury if there is a loss and/or damage and/or misuse of gold during the gold delivery process, provided it can be proven that the incident was not due to Treasury’s fault and/or negligence.

15. The User understands and acknowledges that compensation for the delivery of lost and/or damaged and/or misused gold will be limited to the value covered by the delivery insurance and is the responsibility of the courier service in collaboration with Treasury and/or PT Untung Bersama Sejahtera as Treasury’s partner.

16. Treasury reserves the right to refuse gold delivery or block the User’s registered account if Treasury indicates and considers it suspicious and not in accordance with the laws of the Republic of Indonesia, regulations of the competent authorities, applicable Terms and Conditions, as well as Users who have been blacklisted by Treasury.

17. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

18. In the event of a promotion related to gold delivery, the Terms and Conditions regarding the promotion will also be binding on the User.

19. Users who are blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties in cooperation with Treasury. Promotions referred to in these provisions also include vouchers, gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, gold bonuses, or other forms and benefits provided by Treasury that belong to blacklisted Users or Users who are not entitled to them and/or have obtained them in violation of these Terms and Conditions.

20. Gold delivery Terms and Conditions may change at any time without prior notice to Users.

21. The provision of User information data is subject to the privacy policy of the Treasury App, which is binding on Users.

22. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions in the Treasury App before making any transactions.

23. By conducting transactions (including but not limited to purchases, sales, transfers, and minting of gold) on the Treasury App, Users are deemed to have acknowledged, understood, and agreed to all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury App. Any violation of one or all of these provisions grants Treasury the authority to take action, including but not limited to blocking the User’s account.

24. The User acknowledges and agrees not to use the Treasury App for money laundering activities and/or financing terrorism and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be liable if the User uses the Treasury App for the prohibited activities as mentioned in this provision. If Treasury finds indications of such unlawful use of the Treasury App, Treasury will follow up by reporting to the relevant law enforcement agencies.

25. Any form of fraud and/or criminal activity committed by the User and/or other parties in the operation and/or transactions on the Treasury App will be followed up with the competent law enforcement authorities.

26. Each Treasury User is not allowed to transfer and/or grant power to another person to operate the User’s Treasury account. Treasury will not be responsible for any fraud and/or criminal activity and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

27. Treasury will not be responsible for errors arising from the negligence of the Treasury User.

28. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

29. Treasury does not permit Users to use the Treasury App for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

30. Treasury is not responsible for activities and/or transactions carried out by Users that are not part of the activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury and all of its management, employees, and consultants from liability, including but not limited to legal and financial responsibility, for the misuse of activities and/or features and/or transactions carried out by the User.

31. Treasury is a commodity trading platform, including but not limited to digital physical gold trading, and was the first to obtain a license from the Commodity Futures Trading Supervisory Agency (BAPPEBTI), Ministry of Trade of the Republic of Indonesia, on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

I. Gold Transfer

1. The minimum amount of Gold that can be transferred through the Treasury App is Rp5,000.00 (five thousand Rupiah) after the User’s total purchase reaches 0.05 (zero point zero five) grams.

2. Users can transfer (Transfer) Gold after completing KTP verification and purchasing a minimum of 0.05 (zero point zero five) grams of Gold, excluding the Gold balance still in the verification process.

3. Gold that can be transferred by Users is Gold purchased based on the Gold purchasing method as stipulated in these Terms and Conditions. Gold obtained by Users from bonuses and/or vouchers and/or promotions conducted by Treasury or other third parties cannot be transferred using the Gold transfer method as referred to in these Terms and Conditions.

4. Gold transfers can only be made by entering a Transaction PIN, which is confidential and only known to the respective Treasury App User.

5. Gold transfers and/or receiving Gold from transfers can only be conducted for a total maximum of 50 (fifty) grams of Gold per day.

6. The User transferring Gold to another User will receive a notification through:  -For Users who have registered on the Treasury App: the User’s App and email.

7. Treasury is not responsible for any disputes that may arise between Users regarding Gold transfers.

8. Users may only conduct a maximum of 2 (two) Gold transfer transactions in 1 (one) day. Treasury reserves the right to cancel transactions made by Users that do not comply with this provision.

9. Users can only receive Gold through transfers a maximum of 2 (two) times in 1 (one) day. Treasury reserves the right to cancel transactions made by Users that do not comply with this provision.

10. The limits on Gold transfers (Transfer), as well as the frequency of Gold transfers and receipts per day, are parameterized.

11. Treasury reserves the right to disable Gold transfers (Transfer) and/or cancel transactions deemed suspicious and inconsistent with the laws of the Republic of Indonesia, regulations of relevant authorities, and the applicable Terms and Conditions.

12. In the event of more than 2 (two) Gold transfer or Gold receipt activities within the same minute (race condition), only the first Gold transfer or receipt will be processed. Treasury reserves the right to cancel transactions made by Users that do not comply with this provision.

13. Users who have been blacklisted by Treasury cannot use the Gold transfer (Transfer) feature and/or other features within the Treasury App.

14. In the case of promotions related to Gold transfers and/or other promotions, the Terms and Conditions regarding the promotion will also apply to Users.

15. Failure to conduct various transactions on the Treasury App due to errors and/or mismatches in the User’s data, including but not limited to KTP data, NPWP, Family Card, bank account, is not the responsibility of Treasury.

16. Treasury reserves the right to refuse a User’s transaction or block a User’s registered account if Treasury indicates and considers it suspicious and inconsistent with the laws of the Republic of Indonesia, the regulations of relevant authorities, the applicable Terms and Conditions, and Users who have been blacklisted by Treasury.

17. Users can access Profit/Loss information from the Total Assets they own, in both Rupiah and percentage. Users acknowledge that the Profit/Loss information is not absolute and/or entirely accurate and will change from time to time, following fluctuations in the market price of Commodities Assets displayed in the Treasury App.

18. In the case of promotions related to Gold transfers, the Terms and Conditions regarding the promotion will also apply to Users.

19. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties cooperating with Treasury. The promotions referred to in this provision also include vouchers, Gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, Gold bonuses, or other forms and benefits provided by Treasury that belong to Users who have been blacklisted or that are obtained by Users without the right to do so, and/or obtained by Users not in compliance with these Terms and Conditions.

20. The Terms and Conditions of Gold transfers can be changed at any time without prior notice to Users.

21. The provision regarding the submission of User data information is subject to the Treasury App privacy policy that binds Users.

22. Users are advised to read carefully all Terms and Conditions, the Privacy Policy, and other provisions in the Treasury App before conducting any transactions through the Treasury App.

23. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

24. By conducting transactions (which include but are not limited to the purchase, sale, transfer, and minting of Gold) on the Treasury App, Users are deemed to have understood, acknowledged, and agreed to all Terms and Conditions, Privacy Policy, and other provisions in the Treasury App. Violation of any or all of these provisions grants Treasury the authority to take actions, including but not limited to blocking the User’s account.

25. Users acknowledge and agree not to use the Treasury App for money laundering activities and/or terrorist financing and/or the proliferation of weapons of mass destruction and/or other unlawful acts. Treasury is not responsible if Users use the Treasury App for prohibited activities as referred to in this clause. Should Treasury find any indication of the unlawful use of the Treasury App, Treasury will follow up on the matter by reporting it to the relevant law enforcement authorities.

26. Any form of fraud and/or criminal activity committed by Users and/or other parties while operating and/or conducting transactions on the Treasury App will be followed up with the relevant law enforcement authorities.

27. Each Treasury User is not permitted to transfer or grant power to another party to operate the Treasury User account. Treasury is not responsible for any fraud and/or criminal activity and/or losses arising from such transfers or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

28. Treasury is not responsible for errors arising from the negligence of Treasury Users.

29. Any type of malware attack, data theft, and other security disruptions caused by using devices that have undergone jailbreak or root modifications are not the responsibility of Treasury.

30. Treasury does not permit Users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

31. Treasury is not responsible for activities and/or transactions conducted by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury and all its management, employees, and consultants from any responsibility, including but not limited to legal and financial liabilities, for the misuse of activities and/or features and/or transactions conducted by Users.

32. Treasury is a commodity trading platform, including but not limited to the trade of physical digital gold, which is the first to have obtained permission from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Physical Digital Gold Trader to PT Indonesia Logam Pratama, as well as the Certificate of Approval as a Physical Digital Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that the transactions conducted by Users on our platform are secure.

J. Big Order

1. Users can make large purchases of Gold with a nominal value above Rp150,000,000.00 (one hundred fifty million Rupiah) on the Treasury App. Transactions made with this lower limit will be classified as Big Order transactions.

2. Gold purchases through the Big Order option are made via transfer to BNI and BCA Virtual Accounts.

3. The maximum amount for Big Order transactions that Users can carry out on the Treasury App through the Buy Gold and Harvest Gold features is Rp500,000,000.00 (five hundred million Rupiah).

4. If Users make a Big Order transaction with a total transaction amount exceeding Rp500,000,000.00 (five hundred million Rupiah), Users can contact Treasury Customer Service via email at [email protected]. Subsequently, Treasury Customer Service will guide Users to make transactions via bank transfer to the Treasury account number.

5. The purchase price of Gold based on the invoice will be locked for 180 (one hundred eighty) minutes or 3 (three) hours when the User initiates a purchase using the Big Order method.

6. For transactions via the BNI payment channel, both BNI and Treasury will send notifications to the User as a reminder of the payment execution and confirmation of the payment completion.

7. For transactions via the BCA payment channel, Treasury will send notifications to the User as a reminder of the payment execution and confirmation of the payment completion.

8. The notification of the amount to be paid by the User will include the total price of the Gold to be paid plus administrative fees.

9. Gold purchases must be made by entering a PIN that is confidential and known only to the User of the Treasury App.

10. The purchase price of Gold changes constantly, following global Gold price fluctuations, which Users can monitor through the Treasury App.

11. The purchased Gold will be automatically stored with Treasury without any fees or time limitations and will be recorded in the User’s Treasury account as per the User’s wishes.

12. The stored Gold can be sold, minted and physically retrieved, or transferred to other Treasury Users in accordance with the applicable Terms and Conditions.

13. Treasury reserves the right to cancel transactions deemed suspicious and not in compliance with the laws of the Republic of Indonesia, the regulations of the relevant authorities, and the applicable Terms and Conditions.

14. 1. Special Provisions:
    • VIP Treasury Gold Members and Users recruited by VIP Treasury Gold Members who purchase Gold through the Big Order option waive their right to use the Treasury Friends feature.
    • If VIP Treasury Gold Members and Users as referred to in point 1 above have Points obtained through the Treasury Friends feature, they will automatically be converted into Gold in accordance with the Treasury Friends Terms and Conditions.
    • Other Users who have been directly recruited by VIP Treasury Gold Members or Users as referred to in point 1 above will no longer receive Point benefits from the Treasury Friends feature.
    • Other aspects not explicitly determined in these Special Provisions will remain in effect and binding.

15. In case of any promotions related to Gold purchases through the Big Order option, the Terms and Conditions regarding the promotion will also apply to the User.

16. Users are limited to making a maximum of 10 (ten) transactions per day for Gold purchases and/or Gold sales and/or Gold minting and/or Big Order and/or Charity and/or Zakat on the Treasury App.

17. Failures in conducting various transactions on the Treasury App caused by errors and/or discrepancies in User data, including but not limited to KTP data, NPWP, Family Card, or bank account, are not the responsibility of Treasury.

18. Treasury has the right to reject User transactions or block registered User accounts that Treasury deems suspicious or not in compliance with the laws of the Republic of Indonesia, the regulations of the relevant authorities, the applicable Terms and Conditions, as well as Users who have been blacklisted by Treasury.

19. Users can access Profit/Loss information from their Total Assets in Rupiah or percentage units. Users acknowledge that the Profit/Loss information is not absolute and/or fully accurate and may change from time to time following market price fluctuations of Commodities Assets displayed on the Treasury App.

20. In case of any promotions related to Big Orders, the Terms and Conditions regarding the promotion will also apply to the User.

21. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or third parties cooperating with Treasury. The promotions referred to in this provision also include vouchers, Gold bonuses, or other forms of benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, Gold bonuses, or other forms of benefits provided by Treasury that are held by Users who have been blacklisted or are not entitled to receive them, and/or obtained by Users in violation of these Terms and Conditions.

22. The Big Order Terms and Conditions may change at any time without prior notice to Users.

23. The provision of User data information is subject to the Treasury App’s privacy policy, which binds the User.

24. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions available on the Treasury App before conducting any transactions through the Treasury App.

25. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

26. By conducting transactions (including but not limited to the purchase, sale, transfer, and minting of Gold) on the Treasury App, Users are considered to have read, understood, and agreed to all Terms and Conditions, Privacy Policies, and other provisions available on the Treasury App. Violations of any or all of these provisions give Treasury the authority to take actions, including but not limited to blocking the User’s account.

27. Users declare that they acknowledge and agree not to use the Treasury App for money laundering activities and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other illegal acts. Treasury will not be responsible if Users use the Treasury App for the activities prohibited as referred to in this provision. If Treasury finds indications of unlawful use of the Treasury App, Treasury will follow up by reporting it to the relevant law enforcement agencies.

28. Any fraud and/or criminal acts committed by Users and/or other parties in operating and/or transacting on the Treasury App will be followed up with the relevant law enforcement agencies.

29. Each Treasury User is prohibited from transferring and/or giving authority to others to operate the User’s Treasury account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of authority to operate the account, and all losses will be entirely borne by the Treasury User.

30. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

31. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

32. Treasury does not permit Users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

33. Treasury is not responsible for activities and/or transactions carried out by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury, along with its management, employees, and consultants, from liability, including but not limited to legal and financial responsibility, for the misuse of activities and/or features and/or transactions conducted by the User.

34. Treasury is a commodities trading platform that includes but is not limited to the trading of digital physical gold, and it is the first to receive a license from the Commodity Futures Trading Supervisory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI), on December 13, 2021, based on the Head of BAPPEBTI’s Decree Number 001/BAPPEBTI/P-ED/12/2021 regarding Approval as a Digital Gold Physical Trader to PT Indonesia Logam Pratama, as well as the Certificate of Approval as a Digital Gold Physical Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions carried out by Users on our platform are secure.

K. Gold Voucher

1. Digital Gold Voucher is a Gold Voucher purchased through Treasury’s official store on e-commerce and/or marketplace, which will be sent to the User in the form of a short message/SMS or other forms.

2. Printed Digital Gold Voucher is a Gold Voucher purchased through Treasury’s official store on e-commerce and/or marketplace, which will be sent to the User’s address in the form of a printed Gold Voucher.

3. The mobile phone number or address used to send the Digital Gold Voucher code is the User’s data that is available or registered on the e-commerce and/or marketplace platform used to purchase the Digital Gold Voucher (including the printed form) from Treasury.

4. Digital Gold Voucher (including printed form) purchased will be sent via short message/SMS to the User’s registered mobile phone number, email, or shipping address during the order process. Ensure that the User’s mobile phone number, email, or shipping address entered is correct and active before making payment.

5. Digital Gold Voucher (including printed form) purchased through Treasury’s official store on e-commerce and/or marketplace can only be redeemed through the Treasury Apps.

6. Digital Gold Voucher (including printed form) has different expiration dates depending on the respective official Treasury store on e-commerce and/or marketplace. Ensure that the User reads the terms & conditions attached to each official Treasury store on e-commerce and/or marketplace.

7. If the User does not use the Digital Gold Voucher (including printed form) within the specified time frame, the Digital Gold Voucher will expire, cannot be reclaimed by the User, and is not the responsibility of Treasury.

8. The gold obtained by the User from redeeming vouchers on the Treasury Apps according to the terms and conditions of the Digital Gold Voucher (including printed form) will be categorized as Organic Gold.

9. The gold obtained by the User from redeeming vouchers on the Treasury Apps using Digital Gold Vouchers purchased from Treasury’s official store on JD.ID is categorized as Voucher Balance Verification Gold. This category of Gold requires verification from the marketplace within 3×24 hours of calendar days before it can be sold and/or transferred and/or printed.

10. The gold obtained by the User from redeeming vouchers on the Treasury Apps using Digital Gold Voucher (including printed form) can be sold and/or transferred if the User has purchased Organic Gold worth 0.05 (zero point zero five) grams.

11. Digital Gold Vouchers that are not purchased by the User and/or obtained by the User for free from promotions conducted by Treasury and/or Treasury’s e-commerce and/or marketplace partners are not categorized as Organic Gold.

12. Digital Gold Voucher (including printed form) purchased by the User cannot be exchanged back for cash, for any reason.

13. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties in cooperation with Treasury. The promotions referred to in these provisions also include vouchers, gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or revoke vouchers, gold bonuses, or other forms and benefits provided by Treasury that are owned by blacklisted Users or Users who are not eligible to receive them and/or have obtained them but do not comply with these Terms and Conditions.

14. Treasury reserves the right to cancel the User’s transaction or block the registered User’s account, which Treasury deems suspicious and not in accordance with the laws and regulations of the Republic of Indonesia, the regulations of the relevant authorities, the applicable Terms and Conditions, and the Users who have been blacklisted by Treasury.

15. If any User obtains a Digital Gold Voucher (including printed form) from sources other than Treasury’s official store on e-commerce and/or marketplace, Treasury is not responsible for the authenticity and validity of the Digital Gold Voucher (including printed form).

16. Gold purchase prices are constantly changing at all times (minutes), following global gold price fluctuations, which Users can monitor through the Treasury Apps.

17. Errors in entering the mobile phone number or shipping address when ordering Digital Gold Vouchers (including printed form) are not the responsibility of Treasury and its e-commerce and/or marketplace partners.

18. Treasury and its e-commerce and/or marketplace partners are not responsible for the misuse of Digital Gold Voucher (including printed form) codes that have been received or used by the User.

19. The method of using Digital Gold Vouchers (including printed form) on each e-commerce and/or marketplace partner platform will follow the terms, mechanisms, and instructions stated on each platform.

20. By conducting transactions (which include but are not limited to buying, selling, transferring, and minting gold) on the Treasury Apps, Users are deemed to have acknowledged, understood, and agreed to all the Terms and Conditions, Privacy Policies, and various other terms available on the Treasury Apps. Any violation of one or all of these provisions gives Treasury the authority to take action, including but not limited to blocking the User’s account.

21. In the event of promotions related to the purchase of Digital Gold Vouchers (including printed form) and gold purchases, the Terms and Conditions of such promotions also apply to the Users.

22. The procedure for purchasing Digital Gold Vouchers (including printed form) is subject to the e-commerce partner.

23. Users are limited to making a maximum of 10 (ten) transactions per day for buying gold and/or selling gold and/or minting gold and/or transferring gold and/or Gold Rewards and/or Big Orders on the Treasury Apps.

24. Users declare that they acknowledge and agree not to use the Treasury Apps for money laundering activities and/or terrorism financing and/or proliferation of weapons of mass destruction and/or other unlawful acts. Treasury will not be responsible if Users use the Treasury Apps for the prohibited activities as mentioned in these provisions. In the event that Treasury finds any indication of the unlawful use of the Treasury Apps, Treasury will follow up by reporting it to the relevant law enforcement agencies.

25. The terms and conditions for purchasing Gold Vouchers from e-commerce and/or marketplace partners may change at any time without prior notice to Users.

26. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and various other provisions available on the Treasury Apps before conducting any transactions through the Treasury Apps.

27. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

28. Any form of fraud and/or criminal acts committed by Users and/or other parties in operating and/or transacting on the Treasury Apps will be followed up with the relevant law enforcement agencies.

29. Each Treasury User is not allowed to transfer and/or give authority to others to operate the Treasury User’s account. Treasury is not responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of authority to operate the account, and all losses will be fully borne by the Treasury User.

30. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

31. Any type of malware attack, data theft, and other security disruptions caused by the use of devices that have undergone jailbreak or root, are not the responsibility of Treasury.

32. Treasury does not allow Users to use the Treasury Apps for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

33. Treasury is not responsible for activities and/or transactions conducted by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury Apps. Users hereby understand and agree to release Treasury along with its entire management, employees, and consultants from any responsibility, including but not limited to legal and financial liabilities, for the misuse of activities and/or features and/or transactions carried out by the Users.

34. Treasury is a commodity trading platform, including but not limited to the first digital physical gold trading platform licensed by the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 concerning Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are secure.

L. Gold Tax

1. The User will be subject to VAT of 1.1% (one point one percent) for Gold Printing fees, Coin Printing, and/or the purchase of Nusantara Coins.

2. The User will be subject to Income Tax (PPh 22) of 0% (zero percent) on the purchase of physical Gold and/or the minting of Nusantara Coins and/or Gold Printing.

3. The total bill for Gold payments that the User will receive to be paid is an accumulation of the Gold price, administrative fees, and applicable taxes.

4. Failure to carry out various transactions in the Treasury Apps caused by errors and/or discrepancies in the User’s data, including but not limited to ID card data (KTP), Tax ID (NPWP), Family Card, bank account, is not the responsibility of Treasury.

5. Treasury has the right to reject User transactions or block registered User accounts that Treasury indicates and considers suspicious and not in accordance with the laws and regulations of the Republic of Indonesia, the regulations of the competent authority, the applicable Terms and Conditions, as well as Users who have been blacklisted by Treasury.

6. Users can access Profit/Loss information from the Total Assets owned in Rupiah or percentage units. Users acknowledge that such Profit/Loss information is not absolute and/or completely accurate and will change from time to time following the market price fluctuations of the Commodities displayed in the Treasury Apps.

7. Users who have been blacklisted by Treasury are not permitted to participate in promotions carried out by Treasury or other third parties working in collaboration with Treasury. The promotions referred to in these provisions also include vouchers, Gold bonuses, or other forms and benefits provided by Treasury. Treasury has the right to cancel transactions and/or invalidate vouchers, Gold bonuses, or other forms and benefits provided by Treasury to Users who have been blacklisted or those who are not entitled to receive them and/or received them but are not in accordance with these Terms and Conditions.

8. Provisions regarding the provision of User data information are subject to the privacy policy of the Treasury Apps, which binds the User.

9. Users are advised to carefully read all the Terms and Conditions, Privacy Policy, and other various provisions contained in the Treasury Apps before conducting any transactions through the Treasury Apps.

10. These Terms and Conditions apply as a binding agreement between the User and Treasury.

11. By conducting transactions (which include but are not limited to the purchase, sale, transfer, and minting of Gold) in the Treasury Apps, the User is deemed to have acknowledged, understood, and agreed to all the Terms and Conditions, Privacy Policy, and other various provisions contained in the Treasury Apps. Violations of any or all of these provisions authorize Treasury to take actions, including but not limited to blocking the User’s account.

12. Users declare that they are aware of and agree not to use the Treasury Apps for money laundering activities and/or terrorist financing and/or proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if the User uses the Treasury Apps for activities prohibited as mentioned in this provision. In the event that Treasury finds indications of the illegal use of the Treasury Apps, Treasury will follow up by reporting it to the relevant law enforcement agencies.

13. The Terms and Conditions of Gold taxation are subject to change at any time without prior notice to the User.

14. Any form of fraud and/or criminal activity conducted by Users and/or other parties in the operation and/or transactions in the Treasury Apps will be reported to the competent law enforcement agencies.

15. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

16. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

17. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

18. Treasury does not permit Users to use the Treasury Apps to conduct activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

19. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User.

20. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

M. Gold Staking

P.A	14 Hari	30 Hari	90 Hari	180 Hari
Bonus Emas	9%	9%	9%	9%

1. Gold Staking is a feature that can be used by all Treasury Users to gain additional Gold grams (“Gold Bonus”) by storing Gold for a certain period as described in the table above, namely 14 days, 30 days, 90 days, and 180 days (“Certain Period”) in the Treasury Apps;

2. The term “day” in the Treasury Gold Staking feature refers to a calendar day;

3. The Gold Bonus according to the table above is an annual percentage of the Gold grams stored during the Certain Period in the Treasury Gold Staking feature;

4. The Gold Bonus depends on the grams of Gold stored and the duration of each Certain Period of Gold storage;

5. The payment method for purchasing Gold to be stored in the Treasury Gold Staking feature can be made through the Piggy Bank Balance or other payment methods listed in the Treasury Gold Staking feature;

6. The Gold balance stored at the beginning of the Certain Period will be sent to the Treasury User’s Gold balance when the Certain Period ends;

7. Specifically for Treasury Users who store Gold for a Certain Period other than 14 (fourteen) days, the Gold Bonus will be sent to the Treasury User’s Gold balance every 30 (thirty) days;

8. The Gold Bonus in the Treasury Gold Staking program in the table above already includes taxes and other fees (if any);

9. In the event that a Treasury User withdraws Gold that is being stored before the selected Certain Period ends, the Treasury User will be subject to an early withdrawal fee of 0.5% (zero point five percent) of the stored Gold grams. By withdrawing Gold before the selected Certain Period ends, the Gold Bonus as referred to in points 1, 3, and 7 becomes invalid;

10. The maximum number of ongoing Gold Staking processes at one time is 10 (ten);

11. Treasury Users who have previously been blacklisted by Treasury cannot participate in this Treasury Gold Staking feature;

12. Treasury reserves the right to cancel this Treasury Gold Staking feature if suspicious transactions are detected and/or have the potential to harm Treasury/other third parties and/or do not comply with the laws and regulations of the Republic of Indonesia, the regulations of the competent authorities, the Treasury User Agreement, the applicable Terms and Conditions of Treasury, as well as Treasury Users who have been blacklisted as mentioned in point 11 above;

13. By participating in this Treasury Gold Staking feature, Treasury Users are considered to have acknowledged and agreed not to use the Treasury Apps as a means for money laundering activities and/or terrorist financing and/or proliferation of weapons of mass destruction and/or other illegal activities;

14. By participating in the Treasury Gold Staking feature, Treasury Users are deemed to have acknowledged, read, understood, and agreed to all existing provisions;

15. In addition to the Terms and Conditions of the Treasury Gold Staking feature, Treasury Users are also subject to and required to comply with all Terms and Conditions and/or other binding provisions contained in the Treasury Apps and/or website, unless expressly stated by Treasury that such Terms and Conditions do not apply in the implementation of this Treasury Gold Staking feature;

16. These terms and conditions may change at any time without prior notice to Treasury Users;

17. Treasury Users are advised to carefully read all the Terms and Conditions before conducting any transactions through the Treasury Apps. For more information, Treasury Users can contact Treasury Customer Service via email at [email protected]

18. Any actions deemed as fraud and/or criminal acts will be followed up by Treasury through legal proceedings in accordance with the laws and regulations of the Republic of Indonesia.

19. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User;

20. Treasury will not be responsible for errors arising from the negligence of Treasury Users;

21. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury;

22. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury;

23. Treasury does not permit Users to use the Treasury Apps to conduct activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury;

24. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User;

25. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

N. Jamimas Treasury

Periode	15 Hari	30 Hari	90 Hari	180 Hari	360 Hari
Biaya Jamimas per 15 Hari	0.9%	0.9%	0.9%	0.9%	0.9%
Biaya Jamimas sampai akhir periode	0.9%	1.8%	5.4%	10.4%	21.6%

1. “Jamimas Treasury” is a feature that can be used by all Treasury Users to temporarily sell a certain amount of their digital Gold balance to Treasury (“Gold Balance”) at a value of 93% (ninety-three percent) of the Gold Selling Price at the time the transaction occurs, and then the Treasury User is obligated to repurchase the Gold Balance sold periodically with a selectable period and the Jamimas Treasury fee that will be charged to the User (“Jamimas Fee”) as outlined in the table above;

2. The Jamimas Fee will be charged every 15 (fifteen) days to Treasury Users participating in Jamimas Treasury. Treasury Users can periodically repurchase the Gold Balance for a certain period, as described in the table above, with options of 15 (fifteen) days, 30 (thirty) days, 90 (ninety) days, 180 (one hundred eighty) days, or 360 (three hundred sixty) days (“Period”) in the Treasury Apps. The calculation of the Period will be based on calendar days;

3. “Repurchase Value” refers to the repurchase value of the temporarily sold Gold Balance by the User when participating in Jamimas Treasury along with the Jamimas Fee;

4. Treasury Users have the right to repurchase all the Gold Balance used in Jamimas Treasury at one time by paying the remaining Repurchase Value according to the selected Period;

5. The minimum Gold Balance that can be temporarily sold in the Jamimas Treasury program is 0.2 (zero point two) grams;

6. Treasury Users will be charged a participation fee of Rp2,500.00 (two thousand five hundred Rupiah) when conducting a Jamimas Treasury transaction, which will be deducted from the Treasury User’s Gold Balance;

7. Treasury Users participating in Jamimas Treasury are required to repurchase a certain amount or the entire Repurchase Value, which will be calculated based on the selected Period every 30 (thirty) days (“Period Expiry Date”) starting from the initial Jamimas Treasury transaction date. Specifically, for the 15 (fifteen) day Period option, the Period Expiry Date is 15 (fifteen) days from the initial Jamimas Treasury transaction date;

8. The payment method for the Repurchase Value can be made using Piggy Bank Balance, Bank Virtual Account, Digital Wallet, Instant Debit, or Retail Outlet;

9. If Treasury Users have not made the Repurchase Value payment by the Period Expiry Date, they will enter a “Grace Period” for a maximum of 14 (fourteen) days and will be charged a “Late Fee” of Rp5,000.00 (five thousand Rupiah) for each day during the Grace Period until the Treasury User has made the Repurchase Value payment;

10. If the Treasury User has not made the Repurchase Value payment by the end of the Grace Period, the Treasury User’s participation in Jamimas Treasury will be declared terminated;

11. The previously paid Repurchase Value will be accumulated and reduced by the total Late Fee, then used to purchase Gold based on the Gold purchase price at that time and afterward sent to the Treasury User in the form of Gold Balance. The Gold Balance temporarily sold to Treasury will become a permanent sale that cannot be repurchased;

12. If the Treasury User has fulfilled the Jamimas Treasury Terms and Conditions as outlined above, the repurchase is deemed successful, and Treasury will provide the Gold Balance used in Jamimas Treasury to the Treasury User no later than 1 x 24 (one time twenty-four) hours from the end of the Jamimas Treasury Period;

13. Treasury Users who have previously been blacklisted by Treasury cannot participate in Jamimas Treasury;

14. Treasury reserves the right to cancel ongoing Jamimas Treasury if any suspicious transactions are found and/or have the potential to harm Treasury/other third parties and/or do not comply with the laws and regulations of the Republic of Indonesia, the regulations of competent authorities, the Treasury User Agreement, the applicable Treasury Terms and Conditions, as well as Treasury Users who have been blacklisted as mentioned in point 13 above;

15. By participating in Jamimas Treasury, Treasury Users are considered to have acknowledged and agreed not to use the Treasury Apps as a means for money laundering activities and/or terrorist financing and/or the proliferation of weapons of mass destruction and/or other illegal activities;

16. By participating in Jamimas Treasury, Treasury Users are deemed to have acknowledged, read, understood, and agreed to all the applicable provisions;

17. In addition to the Terms and Conditions of Jamimas Treasury, Treasury Users are also subject to and required to comply with all Terms and Conditions and/or other binding provisions contained in the Treasury Apps and/or website, unless expressly stated by Treasury that these Terms and Conditions do not apply in the implementation of the Jamimas Treasury feature;

18. These terms and conditions are subject to change at any time with or without prior notice to Treasury Users;

19. Treasury Users are advised to carefully read all the Terms and Conditions before conducting any transactions through the Treasury Apps. For more information, Treasury Users can contact Treasury Customer Service via email at [email protected];

20. Any actions deemed as fraud and/or criminal acts will be followed up by Treasury through legal proceedings in accordance with the laws and regulations of the Republic of Indonesia;

21. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User;

22. Treasury will not be responsible for errors arising from the negligence of Treasury Users;

23. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury;

24. Unless expressly stated otherwise in these Terms and Conditions, Treasury Users participating in Jamimas Treasury are also bound by all terms and conditions contained within the Treasury Apps;

25. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

26. Treasury does not permit Users to use the Treasury Apps to conduct activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

27. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User;

28. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

O. Account Deactivation

1. Users may deactivate their Treasury account at any time directly through the Treasury Apps, and this action is permanent.

2. In the event that there is a remaining Gold balance belonging to the User in the Treasury Apps, the User is required to sell and/or mint and/or convert and/or withdraw the Gold and/or Piggy Bank Balance held in the Treasury account, and complete all ongoing transactions in the Treasury Apps before closing the account. If these actions have not been completed, the User will not be able to deactivate their Treasury account.

3. Users who have successfully deactivated their Treasury account cannot re-register with the Treasury Apps using the same email and phone number as the deactivated Treasury account.

4. Any form of fraud and/or criminal activity conducted by the User and/or other parties in operating and/or transacting in the Treasury Apps will be followed up with the relevant law enforcement agencies.

5. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

6. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

7. Users acknowledge and agree not to use the Treasury Apps for money laundering activities and/or terrorist financing and/or the proliferation of weapons of mass destruction and/or other illegal activities.

8. The Terms and Conditions for closing a User’s account may change at any time without prior notice to the User.

9. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury Apps before conducting any transactions through the Treasury Apps.

10. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

11. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

12. Treasury does not permit Users to use the Treasury Apps for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

13. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User.

14. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

P. Blocked Account

1. Treasury reserves the right to block the accounts of Treasury Users who violate the laws of the Republic of Indonesia, regulations of the relevant authorities, and all applicable Terms and Conditions, including but not limited to the Treasury Apps Terms and Conditions, Teman Treasury Terms and Conditions, and Koin Nusantara Terms and Conditions.

2. The Treasury team will deactivate various features accessible by Users who will be blocked due to violations as referred to in clause 1 above.

3. Blocked User accounts will receive an email from the Treasury team informing them of the violation and providing details of the follow-up actions related to the account blocking.

4. In the event that the User’s remaining Gold balance in the Treasury Apps is blocked by Treasury, the Treasury team will conduct an internal investigation to verify the legitimacy of the ownership of the Gold. If the owned Gold is valid and complies with all Terms and Conditions, the Treasury team will convert the remaining Gold into money, in accordance with the selling price listed in the Treasury Apps as of the date of the blocking, as communicated by the Treasury team to the User’s account.

5. Treasury reserves the right to forfeit transaction benefits in the form of Gold, money, and/or other forms owned by the User, who, after investigation by the Treasury team, is found to have violated various provisions as referred to in clause R.8 above.

6. The conversion terms of the remaining Gold belonging to Users blocked by Treasury will be subject to the Gold Sale Terms as referred to in the Treasury Apps Terms and Conditions, including but not limited to the terms of money transfer resulting from the Gold conversion.

7. If the money resulting from the Gold conversion of a blocked Treasury User does not meet the minimum bank transfer requirements according to the regulations of the banking authorities, including but not limited to Bank Indonesia and/or the regulations of each bank registered by the User as the bank used for transactions in the Treasury Apps, the User may withdraw the money at a location determined by the Treasury team.

8. Blocked Users cannot re-register on the Treasury Apps, including with the same data and information held by the blocked User, including but not limited to email data, ID card (KTP), tax number (NPWP), and bank account numbers.

9. In the event of a dispute related to the blocking of Treasury Users who violate the laws of the Republic of Indonesia, regulations of the relevant authorities, and all applicable Terms and Conditions, including but not limited to the Treasury Apps Terms and Conditions, Teman Treasury Terms and Conditions, and Koin Nusantara Terms and Conditions, Treasury hereby designates the South Jakarta District Court as the forum for dispute resolution.

10. Any form of fraud and/or criminal activity conducted by the User and/or other parties in operating and/or transacting in the Treasury Apps will be followed up with the relevant law enforcement agencies.

11. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

12. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

13. Users acknowledge and agree not to use the Treasury Apps for money laundering activities and/or terrorist financing and/or the proliferation of weapons of mass destruction and/or other illegal activities.

14. The Terms and Conditions for blocking Users may change at any time without prior notice to the User.

15. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury Apps before conducting any transactions through the Treasury Apps.

16. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

17. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

18. Treasury does not permit Users to use the Treasury Apps for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

19. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User.

20. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

Q. Gold Inheritance

1. The gold in the Treasury Apps belonging to a User who has passed away may be inherited by the User’s registered heir during the User’s registration with the Treasury Apps.

2. The heir is a party listed on the Family Card registered by the User.

3. If the User has not registered a Family Card that contains the party entitled to inherit, the legitimate heir may submit a request to Treasury by providing a Letter of Heirship issued by the relevant Court and/or other heirship decree issued by an institution authorized to issue heirship determinations in accordance with the laws of the Republic of Indonesia.

4. The submission of a will by the User’s heir must still include the heirship document as referred to in provision S.3 above.

5. For heirs who are not yet of legal age in accordance with population administration laws, there must be a statement of legal guardianship that declares the lawful guardian authorized to act on behalf of the heir.

6. Treasury is not responsible for disputes related to inheritance among heirs and/or other parties. The Family Card and heirship documents provided by the User or their heirs to Treasury are considered original and legitimate documents with legal force. Treasury is not obligated to verify the legitimacy and/or authenticity of the documents provided concerning the inheritance of gold as outlined in these Terms and Conditions.

7. Treasury has the right to reject a User’s transaction or block the account of a registered User if Treasury deems the activity suspicious and not in compliance with the laws of the Republic of Indonesia, the regulations of the relevant authorities, the applicable Terms and Conditions, or if the User is listed on Treasury’s blacklist.

8. In the event of a promotion related to the inheritance of gold, the Terms and Conditions of the promotion will also bind the User.

9. Users who are blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties in cooperation with Treasury. The promotions referred to in this clause also include vouchers, gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or invalidate vouchers, gold bonuses, or other forms and benefits provided by Treasury that are owned by Users on the blacklist or obtained by Users who are not entitled to them and/or obtained by Users in violation of these Terms and Conditions.

10. By conducting transactions (including but not limited to purchasing, selling, transferring, and minting gold) in the Treasury Apps, the User is deemed to have acknowledged, understood, and agreed to all Terms and Conditions, the Privacy Policy, and various other provisions contained in the Treasury Apps. Violation of any or all of these provisions grants Treasury the authority to take actions including but not limited to blocking the User’s account.

11. Users acknowledge and agree not to use the Treasury Apps for money laundering and/or terrorism financing and/or the proliferation of weapons of mass destruction and/or other illegal activities. Treasury will not be responsible if Users use the Treasury Apps for activities prohibited as described in this clause. If Treasury finds any indication of unlawful use of the Treasury Apps, Treasury will follow up by reporting it to the relevant law enforcement authorities.

12. The Terms and Conditions for User inheritance of gold may change at any time without prior notice to the User.

13. Provisions regarding the submission of User data are subject to the Treasury Apps Privacy Policy, which is binding on Users.

14. Users are advised to carefully read all Terms and Conditions, Privacy Policies, and other provisions contained in the Treasury Apps before conducting any transactions through the Treasury Apps.

15. These Terms and Conditions serve as a binding agreement between Treasury Users and Treasury.

16. Any form of fraud and/or criminal activity conducted by the User and/or other parties in operating and/or transacting in the Treasury Apps will be followed up with the relevant law enforcement agencies.

17. Each Treasury User is not permitted to transfer and/or grant power of attorney to others to operate the Treasury User’s account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of power to operate the account, and all losses will be fully borne by the Treasury User.

18. Treasury will not be responsible for errors arising from the negligence of Treasury Users.

19. Any type of malware attack, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

20. Treasury does not permit Users to use the Treasury Apps for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

21. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury in the Treasury Apps. Users hereby understand and agree to release Treasury, along with all its management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User.

22. Treasury is a commodity trading platform that includes but is not limited to digital physical gold trading, the first of which has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decree of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions carried out by Users on our platform.

R. Jewelry

1. Jewelry is Gold in the form of jewelry available in various shapes and models, containing different amounts of Gold, prices, photos, and descriptions, and can only be transacted through the Treasury Apps and the treasury.id website.

2. The Jewelry available on the Treasury Apps and the treasury.id website is a collaboration between Treasury and third parties, such as but not limited to UBS Lifestyle.

3. The Jewelry will be accompanied by an official certificate issued by the partner collaborating with Treasury as the producer, guaranteeing authenticity for Treasury Users.

4. All Terms and Conditions of the Treasury Apps are considered applicable and binding for Treasury Users in connection with Jewelry transactions, except for those explicitly stated in these Jewelry Terms and Conditions that differ and/or contradict the Treasury Apps Terms and Conditions.

5. By making a purchase transaction and/or other transactions related to Jewelry, Treasury Users are considered to have read carefully, studied, understood, and complied with all Jewelry Terms and Conditions.

6. By making a purchase transaction and/or other transactions related to Jewelry, Treasury Users are considered to have read carefully, studied, understood, and complied with all these Jewelry Terms and Conditions and other terms and conditions contained in the Treasury Apps and/or the treasury.id website.

7. These Treasury Jewelry Purchase Terms and Conditions are subject to change at any time.

8. Jewelry purchases can only be made by verified Treasury Users who have met all the requirements as stipulated in the Treasury Apps Terms and Conditions.

9. Treasury Users can make Jewelry purchases directly through the Treasury Apps and the treasury.id website according to the available Jewelry stock.

10. Jewelry purchases can be made through several payment methods, namely through Gold Balance, Virtual Account, Digital Wallet, Installment, Instant Debit, Retail Outlet, or Wallet Balance.

11. Treasury Users can use the balance in My Gold found in the Treasury Apps to purchase jewelry according to the total gold gram value of the jewelry item being checked out.

12. For Jewelry purchases using a Virtual Account, Treasury Users can make payments with a minimum transaction of Rp 10,000 (ten thousand Rupiah).

13. For Jewelry purchases via Digital Wallet, Treasury Users can make payments via GoPay, OVO, DANA, ShopeePay, or LinkAja. The minimum payment through the Digital Wallet method is Rp 5,000 (five thousand Rupiah), and the maximum is Rp 10,000,000 (ten million Rupiah).

14. The Installment payment method can only be used for Jewelry products except for bullion. Installments can be made through the installment partner services Akulaku and Kredivo. The minimum Installment transaction for a term longer than 30 (thirty) days through Akulaku is Rp 150,000 (one hundred fifty thousand Rupiah), and through Kredivo, the minimum is Rp 1,000,000 (one million Rupiah). The maximum Installment transaction through Akulaku is Rp 20,000,000 (twenty million Rupiah), and the maximum Installment transaction through Kredivo is Rp 30,000,000 (thirty million Rupiah).

15. The credit limit and installment terms that can be processed on Akulaku and Kredivo for each transaction follow the credit limit and membership policies set by Akulaku and Kredivo.

16. For Jewelry purchases via Instant Debit, Treasury Users can make payments via JeniusPay or BNI SmartPay. The minimum payment through JeniusPay and BNI SmartPay is Rp 5,000 (five thousand Rupiah). The maximum payment for JeniusPay is Rp 100,000,000 (one hundred million Rupiah), and the maximum payment for BNI SmartPay depends on the balance available in the account used for the transaction.

17. For purchases through Retail Outlets, Treasury Users can make payments through the Alfamart Group, namely Alfamart, Alfamidi, Dan+Dan, and Lawson. The minimum payment through Retail Outlets is Rp 10,000 (ten thousand Rupiah), and the maximum is Rp 2,500,000 (two million five hundred thousand Rupiah). Transactions through these Retail Outlets can only be made with cash.

18. The Jewelry purchase price does not include taxes in accordance with applicable tax regulations in the Republic of Indonesia, administrative fees, shipping costs, and insurance, which will be borne by the User.

19. Jewelry that has been paid for by the User will be exclusively packaged for the User and sent directly to the address registered by the User through a shipping service appointed directly by Treasury.

20. The maximum delivery time for Jewelry is 14 (fourteen) working days, provided there is no force majeure.

21. Treasury will only send Jewelry to the address registered by the User. If delivery has been made to the registered address, but the Jewelry is received by another party, this is not Treasury’s responsibility.

22. Treasury reserves the right to refuse User transactions or block registered User accounts that Treasury deems suspicious and inconsistent with the laws of the Republic of Indonesia, regulations of the competent authority, applicable Terms and Conditions, and Users who have been blacklisted by Treasury.

23. If there is a promotion related to Jewelry, the Terms and Conditions of the promotion will also bind the User.

24. Users who have been blacklisted by Treasury are not allowed to participate in promotions conducted by Treasury or other third parties in collaboration with Treasury. Promotions referred to in this provision include vouchers, Gold bonuses, or other forms and benefits provided by Treasury. Treasury reserves the right to cancel transactions and/or void vouchers, Gold bonuses, or other forms and benefits provided by Treasury to Users who have been blacklisted or those who are not entitled to receive them and/or have received them but in violation of these Terms and Conditions.

25. By conducting transactions (including but not limited to purchase, sale, transfer, and Gold minting transactions) on the Treasury Apps, Users are deemed to have known, understood, and agreed to all Terms and Conditions, Privacy Policies, and various other provisions found on the Treasury Apps. Violating any or all of these provisions grants Treasury the authority to take action, including but not limited to blocking the User’s account.

26. Users declare that they are aware of and agree not to use the Treasury Apps for money laundering activities and/or terrorism financing and/or proliferation of weapons of mass destruction and/or other illegal acts. Treasury will not be held responsible if Users use the Treasury Apps for the aforementioned prohibited activities. If Treasury finds indications of illegal use of the Treasury Apps, Treasury will follow up by reporting it to the relevant law enforcement agencies.

27. The provision of User data information is subject to the Treasury Apps’ privacy policy, which is binding on Users.

28. Users are advised to read all Terms and Conditions, Privacy Policies, and various other provisions found in the Treasury Apps carefully before conducting any transactions through the Treasury Apps.

29. These Terms and Conditions apply as a binding agreement between Treasury Users and Treasury.

30. Any fraud and/or criminal acts committed by Users and/or other parties in operating and/or conducting transactions on the Treasury Apps will be followed up with the competent law enforcement agencies.

31. Each Treasury User is not allowed to transfer and/or authorize another person to operate the Treasury User’s account. Treasury will not be responsible for any form of fraud and/or criminal acts and/or losses arising from the transfer and/or authorization to operate the account, and all losses will be fully borne by the Treasury User.

32. Treasury will not be responsible for any mistakes arising from the negligence of Treasury Users.

33. Any malware attacks, data theft, and other security disturbances caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

34. Treasury does not permit Users to use the Treasury Apps for activities and/or transactions that are not part of the activities and/or features and/or transactions provided and/or promoted by Treasury.

35. Treasury is not responsible for activities and/or transactions conducted by Users that are not part of the activities and/or features and/or transactions provided by Treasury on the Treasury Apps. Users hereby understand and agree to release Treasury, along with its entire management, employees, and consultants, from responsibility, including but not limited to legal and financial accountability, for the misuse of activities and/or features and/or transactions conducted by the User.

36. Treasury is a commodity trading platform, including but not limited to digital physical Gold trading, and has obtained a license from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the Decision Letter of the Head of BAPPEBTI Number 001/BAPPEBTI/P-ED/12/2021 regarding the Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama, as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on our platform are secure.

S. Buyback

1. Precious metals eligible for buyback through Treasury are Antam Precious Metals.

2. Only CertiEye Antam Precious Metals are accepted for buyback.

3. To initiate the buyback process, the User must fill out a Google form in the Buyback feature in the Treasury App.

4. The User will be contacted by Treasury Customer Service after filling out the Google form and will be asked to submit photos and videos of the Antam Precious Metals to be bought back for an initial assessment by the Treasury Appraiser Team. The buyback price of the Precious Metals will be informed after the appraisal process is completed by the Treasury Appraiser Team.

5. For buyback transactions using the pick-up method, the actual pick-up cost and courier options will be informed by Treasury Customer Service after the User’s complete pick-up address details are received.

6. The Antam Precious Metals, along with their certificates and packaging, that are to be bought back must be in good condition. Good condition means they have not changed in shape, are not damaged, and are not destroyed.

7. Funds from the buyback of the Precious Metals will be sent to the account provided by the User according to the information received by the Treasury Team via the Treasury Customer Service chat service.

8. The time for checking and testing the Antam Precious Metals is 1 x 24 business hours after the Antam Precious Metals are received by Treasury.

9. Once the Antam Precious Metals are received by Treasury, a reappraisal will be conducted by the Treasury Appraiser Team.

10. The buyback price reference is updated daily and is valid only until 4:00 PM WIB on the same day. Users can contact Treasury Customer Service for more information.

11. Treasury will conduct a reappraisal using a different price reference, following the next day’s price reference, if the User confirms after 4:00 PM WIB.

12. If the Antam Precious Metals received by Treasury do not match the description previously submitted by the user in the Buyback Google form, Treasury reserves the right to offer a new price in accordance with the actual condition of the Antam Precious Metals after the reappraisal is completed.

13. The name of the account for fund disbursement must be the same as the name on the ID card (KTP) submitted to the Treasury Team via the Treasury Customer Service chat service.

14. The time for fund disbursement from the buyback is 1 x 24 business hours after the appraisal process is completed by Treasury (taking into account banking operational hours).

15. If the User cancels the Buyback transaction after the Precious Metals are received by Treasury, the return shipping costs for the Antam Precious Metals will be fully borne by the User.

16. The shipping of Antam Precious Metals must use the shipping method recommended by Treasury.

17. Any damage and/or loss during the shipping process of the Antam Precious Metals will be covered by Insurance according to the applicable premium.

18. Users are advised to document the packaging process of the Antam Precious Metals to be sent to Treasury.

19. If the User is unable to provide video evidence of the packaging of the Antam Precious Metals sent to Treasury, Treasury will not conduct an investigation in the event of any issues during the shipping process of the Antam Precious Metals until they are received by Treasury.

20. For the drop-off method, you may choose the drop-off location of your choice from the list available in the form.

21. Throughout the Buyback process, each Treasury User is not allowed to transfer or give power of attorney to another person to operate the Treasury User account. Treasury will not be responsible for fraud and/or crimes and/or losses arising from the transfer or granting of power of attorney to operate the account, and all losses will be fully borne by the Treasury User.

Treasury Reward Terms & Conditions

A. Description

These Terms and Conditions are binding on PT Indonesia Logam Pratama (“Treasury”) and Treasury Users. The Rewards Feature is a program that provides additional rewards in the form of coins/vouchers/other prizes to Treasury Users who successfully complete missions available in the Treasury App.

B. Treasury Box Collection

1. “Treasury Box” is a reward obtained by active Treasury App Users, containing prizes such as coins, vouchers, or other attractive rewards.

2. Treasury Users are entitled to receive a Treasury Box if they have accessed the Treasury Rewards feature.

3. Treasury Users are eligible to receive a Treasury Box after making a Gold purchase through the Buy Gold or Harvest Gold features (“Transaction”) or by completing missions such as Complete Profile, Invite Friends, and Daily Check-in (“Mission”) or completing other Missions in the Treasury App.

4. The Rewards feature cannot be combined with other promotions.

5. A Treasury Box will be sent for every gold purchase made through the Buy Gold and Harvest Gold features without using any promotions/vouchers.

C. Redeeming Rewards (Coins and Vouchers)

1. Rewards may consist of coins, vouchers, or other attractive prizes (“Rewards”).

2. Each “Voucher” is only valid for Treasury Users who receive the Reward in the Treasury App. The voucher cannot be redeemed for cash or transferred to another party and/or combined with other promotions held by Treasury, which are accessible on other “Promo” pages. If there is any indication of the use of more than one (1) account by the same Treasury User, the same phone number, the same user ID, the same payment identity, the same transaction history, and/or other forms of fraud, the Treasury User will not receive the benefits of the Rewards.

3. Treasury reserves the right to change the terms at any time without prior notice to adjust to policy decisions related to the implementation of the Rewards feature.

4. Each “Coin” earned from Rewards is equivalent to Rp 1 (one Rupiah).

5. Treasury reserves the right to adjust the value of the Coins.

6. Treasury may adjust the benefits of each product that can be redeemed by Treasury Users through Coin exchange.

7. Treasury may terminate the Rewards program at any time. Treasury Users are encouraged to redeem Rewards to enjoy available benefits.

8. Treasury reserves the right to determine which products can be exchanged with Coins as a benefit for Treasury Users.

9. Users are encouraged to regularly check their Coins regarding their expiration period. Coins will expire after the Coin expiration period has passed.

D. General Terms and Conditions

1. Users are required to click and access the Treasury Rewards Feature at least once (1) to receive the benefits of Treasury Rewards.

2. Users must pay attention to the validity period and terms of each Voucher. If the Voucher expires, it is beyond Treasury’s responsibility, and Treasury Users will not request compensation and/or any action in any form from Treasury.

3. Treasury reserves the right to take any necessary action without prior notice if any fraudulent activity (fraud) is suspected to have been committed by Treasury Users and/or Rewards winners that harm Treasury.

4. Treasury urges all Treasury Users to be cautious of fraud claiming to be from Treasury. All activities will only be communicated through the official Treasury website (www.treasury.id), the Treasury App, and Treasury’s official social media channels. Treasury is not responsible for any losses incurred due to fraud experienced by Treasury Users.

5. The use of Rewards obtained from the program is entirely the right of Treasury Users, subject to the applicable Terms and Conditions.

6. Treasury reserves the right to change the Terms and Conditions of the Rewards feature at any time without prior notice to Treasury Users, and Treasury recommends that Treasury Users read these Terms and Conditions carefully from time to time.

7. By participating in this Rewards feature, Treasury Users are deemed to understand and agree that these Terms and Conditions are an inseparable part of the Treasury App’s Terms and Conditions.

8. By participating in the Rewards feature, Treasury Users agree, understand, and will comply with these Terms and Conditions as well as Treasury’s General Terms and Conditions.

9. These Terms and Conditions may be adjusted to the development of the Website and applicable laws and regulations. Treasury Users are advised to visit the Website periodically to stay informed of these changes.

10. These Terms and Conditions are governed by the laws of the Republic of Indonesia.

11. Treasury does not allow Users to use the Treasury App to carry out activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

12. Treasury is not responsible for activities and/or transactions carried out by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury, including all its management, employees, and consultants, from responsibility, including but not limited to legal and financial liabilities, for any misuse of activities and/or features and/or transactions carried out by such Users.

13. Treasury is a commodity trading platform that includes but is not limited to the first digital physical gold trading platform licensed by the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on December 13, 2021, based on the BAPPEBTI Head Decree Number 001/BAPPEBTI/P-ED/12/2021 regarding Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama, as well as the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of transactions conducted by Users on our platform.

Green Gold User Terms & Conditions

A. What is Green Gold

These terms and conditions (“Green Gold Terms of Use”) govern the use by users (“You”) when accessing and using services provided by PT Jejak Enviro Teknologi (“Jejakin”) within the application of PT Indonesia Logam Pratama (“We” or “Treasury”) (“Application”) under the name Green Gold.

Green Gold itself is an innovative initiative aimed at revolutionizing the gold industry by achieving carbon neutrality in its production process. The primary goal of this program is to produce “Green Gold,” which is gold produced without carbon emissions. Green Gold is a commitment to environmental sustainability. This program comprehensively addresses environmental challenges related to traditional gold investment activities. Through collective Green Gold fund-raising, we facilitate tree planting to offset the carbon emissions typically generated during gold production.

We collaborate with Jejakin with the aim of facilitating climate action through integration with the Application. In providing Green Gold services, Jejakin acts as the service provider for MRV (Monitoring, Reporting, and Verification), working with relevant non-governmental organizations to carry out tree planting (“Jejakin Services”). The goal is to make tree planting easy and accessible to everyone.

We appreciate your trust in using the Green Gold service. Please take the time to carefully read the entire Green Gold Terms of Use below.

B. General Terms

These Green Gold Terms of Use serve as a legally binding agreement between Us and You. By using the Jejakin Services provided by Jejakin in the Application, specifically Green Gold, You expressly state that You have read, understood, and agree to be bound by these Green Gold Terms of Use. If You do not agree to these Green Gold Terms of Use, either in whole or in part, You are not permitted to access the Green Gold service. Furthermore, You also agree that the Green Gold Terms of Use are part of any terms and conditions held by Treasury and Jejakin, including privacy policies, and by agreeing to these Green Gold Terms of Use, You agree to also comply with the other applicable terms and conditions.

In providing the Green Gold service, You understand that Green Gold is a Jejakin Service, and therefore owned and controlled by Jejakin, which is a third party. In this case, Treasury only facilitates the Jejakin Service on the Application, and Treasury has no control over the Jejakin Services. You understand and agree that Treasury is not responsible for the Jejakin Services and cannot guarantee the accuracy of the services offered by Jejakin. However, We always strive to maintain the Application to keep it safe and functional. Nevertheless, We cannot guarantee that the Application will operate continuously or that access to the Application will always be flawless.

C. Fees and Activation Duration of Green Gold

By using the Green Gold service, which includes the Jejakin Service through the order page on the Application, You agree that You will be charged a fee by Jejakin as specified on the Application and agreed upon by You in advance (“Fees”).

Regarding the Fees charged for the Green Gold service, the calculation We use is Rp 3,507/gram. However, regardless of this calculation, You understand and agree that We will round up the figure obtained from this calculation to the nearest hundred, which will become the Fee for the Green Gold service that You pay.

You agree that the Fees for the Green Gold service will be automatically applied to every order You make in the Application, not just for the current order. Every fee You pay will be forwarded by Us to Jejakin every month for tree planting.

If You wish to stop using the Jejakin Service through the Green Gold service, You can deactivate this Jejakin Service at any time on the gold purchase transaction page or the Green Gold information page accessible from the relevant service fee screen in the Application.

D. Funds Used for Tree Planting

1. The trees to be planted come from the Green Gold fees collected over three months. However, the planting date itself may depend on Jejakin’s policies and be subject to force majeure events, such as floods, weather conditions, fires, typhoons, earthquakes, and other circumstances beyond the control of Treasury and Jejakin. For the avoidance of doubt, Jejakin will provide periodic reports to You, as outlined in the “Tree Monitoring and Reporting” section below.

2. Funds collected from Green Gold will be used by Jejakin for tree planting through Jejakin’s conservation partner, LindungiHutan (https://lindungihutan.com/). The tree planting location will be determined by Jejakin and the relevant conservation partners. Please refer to the FAQ section for information on planting locations.

3. Once the Green Gold fee has been paid, the Green Gold fee cannot be refunded to You for any reason.

4. There is a specific fee amount applied to each Green Gold transaction. You may increase or decrease the fee amount through the Green Gold service available in the Green Gold product file.

5. All Green Gold funds collected are not donations and will be sent to Jejakin for tree planting and Jejakin Services.

E. Tree Monitoring and Reporting

1. You agree that Your personal data (in this case, full name and email address) will be shared with Jejakin so that Jejakin can report the progress of the tree planting to You. In this case, You agree to the collection, use, disclosure, and/or transfer (including cross-border transfer) of Your personal data/information in accordance with Treasury’s Privacy Policy.

2. Monitoring will be carried out by the LindungiHutan conservation team, using Jejakin technology on a regular basis once a year for 3 years. You will receive three updates regarding your contribution reports through the Jejakin dashboard. After three years, monitoring can be conducted independently by opening the dashboard and viewing the latest satellite photos of the planting area. The link to the dashboard will be in the reporting email sent by Jejakin to You.

3. You will still receive reports from Jejakin even if You have deactivated the Green Gold service from the Application for trees planted before deactivation. You may opt out of receiving reports by selecting the unsubscribe option provided in Jejakin’s email.

F. Changes to the Service

You understand that applicable laws and regulations as well as various government regulations related to Jejakin Services may change at any time. Therefore, You hereby understand that fees for the Green Gold service may change at any time to adjust to applicable laws and regulations. In addition, You also understand that to accommodate evolving business needs, Jejakin may make adjustments or changes to Jejakin Services, including Green Gold, at any time.

G. Reporting Issues

1. All calculations of carbon absorption, tree planting, monitoring, and other Jejakin Services will be carried out by Jejakin. If You experience any issues with Jejakin Services, please send an email to [email protected].

2. If You encounter issues and/or problems using the Application related to Green Gold transactions or Your orders, please contact [email protected] or visit the Help Page in the Application.

H. Others

1. By using this Green Gold service, You are deemed to be aware of and agree not to use the Application for money laundering activities and/or terrorism financing and/or proliferation of weapons of mass destruction and/or other unlawful acts.

2. These Green Gold Terms of Use and other terms and conditions of Treasury and Jejakin may change at any time with or without prior notice to You.

3. Treasury reserves the right, without prior notice, to take necessary actions and follow up on any form of actions deemed to be fraudulent and/or criminal, in accordance with the legal process based on the laws of the Republic of Indonesia.

4. Any malware attacks, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not our responsibility.

5. You are not permitted to transfer and/or grant authority to another person to operate Your account. Treasury will not be responsible for any fraud and/or criminal acts and/or losses arising from the transfer and/or granting of authority to operate the account, and all losses will be entirely borne by You.

6. Treasury will not be responsible for any errors arising from Your negligence.

7. Treasury does not allow You to use the Application to engage in activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

8. Treasury is not responsible for activities and/or transactions carried out by You that are not activities and/or features and/or transactions provided by Treasury in the Application. You hereby understand and agree to release Treasury, including all of its management, employees, and consultants, from responsibility, including but not limited to legal and financial liabilities, for any misuse of activities and/or features and/or transactions carried out by You.

9. Treasury is a commodity trading platform that includes but is not limited to the first digital physical gold trading platform licensed by the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on March 13, 2021, based on the BAPPEBTI Head Decree Number 001/BAPPEBTI/P-ED/12/2021 regarding Approval as a Digital Physical Gold Trader to PT Indonesia Logam Pratama and the Certificate of Approval as a Digital Physical Gold Trader Number 001/BAPPEBTI/P-ED/12/2021. This ensures the security of the transactions conducted by You on Our platform.

Golden Generation User Terms & Conditions

A. Terms & Conditions

1. Golden Generation is an additional feature within the Gold Purchase feature on the Treasury App that can be activated by Treasury Users when making a payment for Gold Purchase. By activating the Golden Generation feature, Users will participate in an initiative designed to address educational disparities in Indonesia by providing various educational programs such as scholarships, teaching and learning activities, and other educational resources aimed at reaching children and adolescents from underprivileged families. To learn more about the Golden Generation feature, please visit the Golden Generation information page.

2. In providing the Golden Generation feature, Treasury collaborates with the Golden Future Foundation (“Distribution Partner”), which acts as the channel for distributing the funds collected from donors to programs aimed at supporting the education and future of children in need.

3. When using the Golden Generation service, Users understand that the Golden Generation service is a service provided by the Distribution Partner, which is a third party, and thus owned and controlled by the Distribution Partner. In this case, Treasury only facilitates the Distribution Partner’s services on the Treasury App and therefore does not have control over the services provided by the Distribution Partner. Users understand and agree that Treasury is not responsible for the services provided by the Distribution Partner and cannot guarantee the accuracy of the services offered by the Distribution Partner. However, Treasury will always strive to ensure that the Treasury App remains secure and functions properly. However, Treasury cannot guarantee that the Treasury App will operate continuously or that access to the Treasury App will always be perfect.

4. By using the Golden Generation service, which includes the Distribution Partner’s service through the ordering page on the Treasury App, Users agree that they will make a donation according to their wishes (“Donation”). Users understand and agree that the amount of the Donation is entirely based on the wishes and discretion of the Users, and there is no minimum amount set for this Donation. Every Donation paid by Users will be forwarded to the Distribution Partner to support the programs supported by Golden Generation, as further regulated in number 6 below.

5. If Users wish to stop participating in the Golden Generation program, they may deactivate this service at any time through the gold purchase transaction page or the Golden Generation information page, which can be accessed from the related order summary screen on the Treasury App.

6. To achieve the goals of the Golden Generation program, the terms of the use of the funds from the Golden Generation Donations will apply as follows:

   1. 1. Funds collected from the Golden Generation service will be used to support various educational programs designed under the Golden Generation initiative. These programs include but are not limited to providing scholarships, teaching and learning activities, and providing other educational resources aimed at helping children and adolescents from underprivileged families in Indonesia, as determined solely by the Distribution Partner.
      2. The funds that Users have donated will be managed and distributed by the Distribution Partner in collaboration with Treasury. The Distribution Partner is responsible for ensuring that the funds are used appropriately and effectively in line with the objectives of the Golden Generation program.
      3. The date and implementation of each program under Golden Generation will depend on the policies of the Distribution Partner and will be adjusted to any force majeure events that may occur, such as natural disasters, extreme weather conditions, or other factors beyond the control of Treasury and the Distribution Partner. The Distribution Partner will provide periodic reports to Users regarding the development and implementation of the programs, in accordance with the provisions of number 6 below.
      4. Funds that have been donated by Users cannot be refunded under any circumstances once they have been distributed to the Distribution Partner.

7. Treasury and the Distribution Partner are committed to providing transparency on the use of the funds from Donations for the implementation of the Golden Generation program through program reporting under the following terms:

   1. 1. Users agree that reporting related to the Golden Generation program will be conducted after the completion of activities or programs related to this initiative. The reporting will be adjusted to the completion time of each activity and program.
      2. Reporting will be carried out by the Distribution Partner in collaboration with Treasury for the implementation of the Golden Generation program. Treasury will inform Users, as donors, of the results of this report through the Treasury App based on the data received from the Distribution Partner.
      3. Program reporting will be submitted based on the availability and discretion of the Distribution Partner. Treasury does not guarantee or determine when the report will be issued after the program or activity has been completed.
      4. Users understand and agree that Treasury is not responsible for delays or failures in reporting carried out by the Distribution Partner. All responsibilities related to reporting and the information provided lie with the Distribution Partner.
      5. Even if Users have deactivated the Golden Generation service from the Treasury App, Users will still receive reports regarding programs they have donated to before the deactivation. If Users no longer wish to receive reports, they can select the unsubscribe option available in the report email from the Distribution Partner.
      6. Users also agree that their personal data, which is necessary for reporting (such as full name and email address), may be shared with the Distribution Partner solely for the purpose of program reporting, in accordance with the applicable Privacy Policy in Treasury.

8. Users understand that applicable laws and government regulations related to the services of the Distribution Partner in the implementation of the Golden Generation program may change at any time. Therefore, Users hereby understand that the Donations for the Golden Generation service may change at any time to comply with applicable laws and regulations. Additionally, Users also understand that, to accommodate continuously evolving business needs, the Distribution Partner may make adjustments or changes to the services provided by the Distribution Partner, including Golden Generation, at any time.

9. All teaching and learning processes, educational programs, program monitoring, and other services of the Distribution Partner will be carried out by the Distribution Partner. If Users experience any issues related to or provided by the Distribution Partner, please email the Distribution Partner at [email protected].

10. If Users experience issues or problems when using the Treasury App related to Golden Generation transactions or User orders, please contact [email protected] or visit the Help Page on the Treasury App.

11. By using the Golden Generation service, Users are deemed to have acknowledged and agreed not to use the Treasury App as a means for money laundering activities and/or financing terrorism and/or proliferation of weapons of mass destruction and/or other illegal acts.

12. These Terms of Use of Golden Generation and other terms and conditions from Treasury and the Distribution Partner may change at any time with or without prior notice to Users.

13. Treasury reserves the right, without prior notice, to take necessary actions and follow up based on legal proceedings in accordance with the laws and regulations of the Republic of Indonesia, if any acts are found to qualify as fraud and/or criminal offenses committed by Users.

14. Any kind of malware attack, data theft, and other security breaches caused by the use of devices that have been jailbroken or rooted are not the responsibility of Treasury.

15. Users are not permitted to transfer and/or grant authority to another person to operate the User’s account. Treasury will not be responsible for any form of fraud and/or crime and/or losses arising from the transfer and/or granting of authority to operate the account, and all losses will be fully borne by the User.

16. Treasury will not be responsible for errors arising due to User negligence.

17. Treasury does not allow Users to use the Treasury App for activities and/or transactions that are not activities and/or features and/or transactions provided and/or promoted by Treasury.

18. Treasury is not responsible for activities and/or transactions carried out by Users that are not activities and/or features and/or transactions provided by Treasury on the Treasury App. Users hereby understand and agree to release Treasury and all its management, employees, and consultants from responsibility, including but not limited to legal and financial liability, for the misuse of activities and/or features and/or transactions carried out by Users.

19. Treasury is a commodity trading platform, including but not limited to the trading of physical digital gold, and was the first to obtain licensing from the Commodity Futures Trading Regulatory Agency, Ministry of Trade of the Republic of Indonesia (BAPPEBTI) on March 13, 2021, based on the Decree of the Head of BAPPEBTI No. 001/BAPPEBTI/P-ED/12/2021 regarding Approval as a Digital Gold Physical Trader to PT Indonesia Logam Pratama, as well as the Certificate of Approval as a Digital Gold Physical Trader No. 001/BAPPEBTI/P-ED/12/2021. This ensures that transactions conducted by Users on the Treasury platform are secure.