Promotional Terms and Conditions：

The following terms and conditions apply to the rewards mechanism of this promotional campaign (the "Campaign"), including the campaign period, eligibility to participate, conditions for obtaining rewards, distribution methods, as well as risk disclosures and disclaimers.

Campaign Period: From December 10, 2024, to February 28, 2025, inclusive of both the first and last day (or until further notice).

Eligibility: Only applicable to new customers from Hong Kong or Mainland China ("New Customers") who successfully open a Leverate Securities stock cash trading account and futures trading account^ ("Account Opening") through the designated promotional QR code of this campaign.

Rewards, Designated Conditions, and Distribution Methods:

Account Opening Reward 1 - Hong Kong and U.S. Stock Commission and Platform Usage Benefits

Reward

Value

Designated Conditions

Distribution Method

Permanent exemption from platform usage fee3

Permanent exemption from Hong Kong stock trading commission4

Unlimited

Unlimited

Upon successful Account Opening1:

New Customers2 open a Leverate Securities stock cash trading account (Hong Kong and U.S. stocks) and futures trading account through the designated promotional QR code of this campaign.

The benefits will take effect one working day after successful Account Opening1.

New Customer Account Opening Reward - Choose One of Two Options

Option One: Account Opening Reward One: Additional Bonus for Deposits

a. During the campaign period, successfully opening an account1 and depositing no less than HKD 20,000 (or equivalent USD 2,500 or CNY 18,000) in assets is considered达标, and upon completion of designated tasks, New Customers2 are eligible for the New Customer Account Opening Reward.

Reward

Value

Designated Tasks

Distribution Method

Hong Kong Stock IPO Reward:

First-time Hong Kong stock IPO application exempt from handling fees5

50-100 HKD (Handling fees: Cash subscription 50 HKD, Financing subscription 100 HKD)

Upon successful Account Opening1:

New Customers2 open a Leverate Securities stock cash trading account (Hong Kong and U.S. stocks) and futures trading account through the designated promotional QR code of this campaign.

The benefits will take effect one working day after successful Account Opening1.

Market Reward:

Hong Kong Stock LV1 (3 months)

U.S. Stock LV1 (6 months)

Hong Kong Futures LV1 (1 month)

CME Futures LV1 (1 month)

30 HKD

48 HKD

92 HKD

48 HKD

(Total Value: 218 HKD)

Complete net asset transfer6:

Complete the net asset deposit into the securities account within 30 days from the date of successful Account Opening1, no less than HKD 20,000 (or equivalent USD 2,500 or CNY 18,000).

Note:

Pricing is based on Hong Kong dollars as the base currency; cash transfers involving exchange rates are calculated at a fixed rate (USD to HKD 1:7.78 CNY to HKD 1:1.1);

Net asset deposit = Cash and stocks转入 - Cash and stocks转出;

The benefits will take effect within three working days after meeting the net asset deposit6 requirements.

Stock Reward7:

2 shares of [Tencent Music] U.S. stock (Symbol NYSE: TME)

180 HKD

(The value is calculated based on the closing price of US$11.65 on November 26, 2024)

Complete the first trade:

Complete one trade within 30 days from the date of successful Account Opening1 through the Leverate Securities APP, any U.S. stock, Hong Kong futures, or global futures are acceptable, excluding Hong Kong market stocks (or new stock subscriptions), and all derivative products;

And

Maintain account funds:

No account fund withdrawal records for two consecutive calendar months after successful Account Opening1.

The reward will be distributed to the securities account by the end of the following month after meeting both conditions.

Maximum Total Reward Value

498 HKD

b. During the campaign period, successfully opening an account1 and depositing no less than HKD 100,000 (or equivalent USD 12,800 or CNY 90,000) in assets is considered达标, and upon completion of designated tasks, New Customers2 are eligible for the New Customer Account Opening Reward.

Reward

Value

Designated Tasks

Distribution Method

Hong Kong Stock IPO Reward:

First 2 times Hong Kong stock IPO application exempt from handling fees

100-200 HKD (Handling fees: Cash subscription 50 HKD, Financing subscription 100 HKD)

Upon successful Account Opening1:

New Customers2 open a Leverate Securities stock cash trading account (Hong Kong and U.S. stocks) and futures trading account through the designated promotional QR code of this campaign.

The benefits will take effect one working day after successful Account Opening1.

Market Reward:

Hong Kong Stock LV1 (3 months)

U.S. Stock LV1 (6 months)

Hong Kong Futures LV1 (1 month)

CME Futures LV1 (1 month)

Hong Kong Stock LV2 (1 month)

30 HKD

48 HKD

92 HKD

48 HKD

208 HKD

(Total Value: 426 HKD)

Complete net asset deposit6:

Complete the net asset deposit into the securities account within 30 days from the date of successful Account Opening1, no less than HKD 100,000 (or equivalent USD 12,800 or CNY 90,000).

Note:

Pricing is based on Hong Kong dollars as the base currency; cash transfers involving exchange rates are calculated at a fixed rate (USD to HKD 1:7.78 CNY to HKD 1:1.1);

Net asset deposit = Cash and stocks转入 - Cash and stocks转出;

The benefits will take effect within three working days after meeting the net asset deposit6 requirements.

Stock Reward:

2 shares of [Li Auto] U.S. stock (Symbol NASDAQ: LI)

360 HKD

(The value is calculated based on the closing price of US$23.19 on November 19, 2024)

Complete the first trade:

Complete one trade within 30 days from the date of successful Account Opening1 through the Leverate Securities APP, any U.S. stock, Hong Kong futures, or global futures are acceptable, excluding Hong Kong market stocks (or new stock subscriptions), and all derivative products;

And

Maintain account funds:

No account fund withdrawal records for two consecutive calendar months after successful Account Opening1.

The reward will be distributed to the securities account by the end of the following month after meeting both conditions.

Maximum Total Reward Value

988 HKD

Account Opening Reward 2 - VIP Service Exclusive for Bank Account Opening

VIP Service Exclusive

Service Content

Participation Conditions

Priority Appointment

Enjoy priority appointment rights for Leverate Bank account opening

The benefit is valid within 30 days from the successful opening of the Leverate Securities trading account

Successfully open an account1 through the designated promotional QR code of this campaign;

Agree to choose the 'VIP Service Exclusive for Bank Account Opening' benefit when opening an account;

Fill in the designated position with the account opening referral code: WLS6688-1 when预约 bank account opening, and have received the 【Appointment Successful】 SMS notification from Leverate Bank;

Low Threshold Account Opening

The minimum fund requirement for opening a Leverate Bank savings account will be lower than the standard requirement

Star Customer Service

Star customer service experience, including but not limited to dedicated account manager service, fast account opening channel, etc.

Campaign Detailed Terms and Conditions:

1. "Account Opening": Refers to successfully opening both a stock cash trading account (including Hong Kong and U.S. stocks) and a futures trading account with Leverate Securities Limited ("Leverate Securities" or "the Company") through the designated promotional QR code for this campaign, excluding securities margin trading accounts; other account opening methods are invalid (e.g., offline account opening, Leverate Securities APP online "Open Immediately" and "Leverate Bank Customer Exclusive" channels) and do not enjoy the promotional benefits;

2. "New Customer": Refers to residents of Hong Kong or Mainland China (excluding Macau) who are 18 years or older and have not opened or successfully applied for any Leverate Securities account prior to the start of the above-mentioned promotional campaign, and can provide a valid local resident identity card and one valid address proof within the last three months (e.g., utility bills, telecommunications company bills, or licensed financial institution statements, etc.);

3. Permanent Exemption from Platform Usage Fee: "Permanent" means that for accounts successfully opened at Leverate Securities during the campaign period, the free usage period of the trading platform is indefinite, until the account is canceled;

4. Permanent Exemption from Hong Kong Stock Trading Commission: "Permanent" means that for stock cash trading accounts successfully opened at Leverate Securities during the campaign period, the trading commission for Hong Kong Exchange-listed Hong Kong securities products (including Hong Kong stocks, bull/bear certificates, and warrants, as well as ETFs traded on the exchange) is exempted indefinitely, until the account is canceled; customers are still required to pay other transaction-related fees such as regulatory authority levies and exchange fees; the exemption is limited to the purchase and sale of Hong Kong securities products through the electronic trading channel Leverate Securities APP, excluding manual orders. After the campaign period, the purchase and sale of Hong Kong securities products in newly opened securities accounts will be charged according to the original service fees, as detailed in the "Services and Fees - Hong Kong Stock Service Fee Schedule" or "Services and Fees" within the Leverate Securities APP on the official website (www.wlsec.com);

5. "First-time Hong Kong Stock IPO Subscription Exempt from Handling Fees": Refers to the exemption from the first-time Hong Kong new stock IPO (Initial Public Offering) subscription handling fee for customers who meet the specified conditions and successfully open an account during the campaign period, applicable to both cash and financing subscriptions, and valid for online subscriptions through the electronic trading channel Leverate Securities APP, excluding offline subscriptions, customers are still required to pay related fees such as stamp duty, transaction levies, and settlement fees, etc.:

6. "Net Asset Deposit": Refers to the net assets deposited into the securities account within 30 days from the date of successful account opening, including but not limited to physical stocks or cash, transferred from the customer's personal同名 bank account or securities account according to the method designated by the Company, and recorded in the daily statement. For details, please refer to the "Frequently Asked Questions - How to Deposit Funds?" and "Frequently Asked Questions - How to Transfer Stocks to Leverate Securities?" on the official website (www.wlsec.com).

Risk Disclosure and Disclaimer

1. Before opening an account or using any services at Leverate Securities, customers are advised to carefully read and understand the terms and conditions of the latest version of the relevant customer agreement [including the securities account agreement and/or futures account agreement] ("the Agreement") posted on the official Leverate Securities website, and confirm their agreement and acceptance, including being bound by its general terms and general schedule. By choosing to participate in this promotional campaign, it means you have read, understood, and agreed to accept the terms and conditions of this campaign.

2. The data and data confirmation for this campaign shall be based on the system records of Leverate Securities, and the final interpretation and decision rights are vested in Leverate Securities.

3. Within the scope permitted by law, Leverate Securities reserves the right to modify, delete, or add corresponding terms to the terms and content of this campaign, including but not limited to terminating this campaign at any time without any reason or prior notice. Leverate Securities has no obligation to guarantee any necessary or unnecessary changes in this campaign.

4. Any behavior that violates the terms and content of this campaign may result in the cancellation, invalidity, or withdrawal of campaign rewards. If a participant in this or any previous Leverate Securities campaign has engaged in improper operations, such as maliciously claiming rewards, using programs to obtain rewards, forging items or falsifying data, benefiting from platform vulnerabilities, or using technical means to gain improper benefits, etc., Leverate Securities has the right to suspend or cancel their eligibility to participate in this campaign.

5. Leverate Securities assumes no responsibility for any form of loss suffered by any person as a result of this campaign. Trading in financial instruments involves various risks, and investing in financial products carries the risk of loss. Leverate Securities does not assume any responsibility for losses resulting from investors' investment activities.

6. Any cash or stock gifts may fail to be distributed due to force majeure factors (e.g., the distributed stocks being suspended, delisted, or the related company failing to successfully list on the Hong Kong Stock Exchange, etc.), and Leverate Securities does not make any guarantees or assume any responsibility for the distribution of any stock gifts; moreover, if the price of the gifted stocks fluctuates by more than 15% from the time of the campaign, Leverate Securities may change the stock gifts to ensure the stability of the company's operating costs. Leverate Securities reserves the final decision on any changes to gift rewards and please pay attention to Leverate Securities' announcements regarding changes to gift rewards;

7. The benefits provided by this campaign do not take into account your specific personal needs, investment objectives, and experience or financial situation. Any advertisements, marketing promotions, or promotional materials provided to you are part of the Company's daily securities trading business and are not any investment advice, do not constitute an offer, invitation, inducement, recommendation, solicitation, or advice for any investment product.

8. All investment products involve risks and may not be suitable for all investors. Securities margin trading and derivative products such as futures and options carry particularly high risks, and the risk of loss can be significant. In some cases, the losses incurred by customers may exceed the initial margin amount deposited. Therefore, before making any investment, please ensure that you have read and fully understood the risks of the trading products and service terms, related fees, and risk disclosure statements, and seek appropriate professional advice when needed. The content and information contained herein have not been reviewed by the Securities and Futures Commission or any regulatory authority. If you have any inquiries or opinions about this campaign, please contact Leverate Securities' customer service department at +852 3150 7728 (Hong Kong); +86 755 8206 0899 (Mainland China); +853 8796 5888 (Macau) Email: cs@wlsec.com.

The content above is translated from the Chinese terms and conditions, and if there are any discrepancies, please refer to the Chinese version as the standard.