Terms

Beta Membership Terms and Conditions

Gluefi Inc. (“we,” “us,” or the “Company”) invites users whom we approve for membership pursuant to Article 2 to participate in a beta program (the “Beta”) designed to allow participants to simulate an acquisition experience of tokenized money market funds (“TMMF”). We provide a service in which we request participation in the Beta and grant rewards for such participation (the “Service”).

These Beta Membership Terms and Conditions (the “Terms”) set forth the rights and obligations between the user and the Company in connection with the user’s use of the Service. To use the Service, the user must read and consent to these Terms and create an account (the “Account”).

Article 1 (Member Rights and Obligations)

1. After completing member registration in accordance with these Terms, users may use the Service in accordance with conditions separately specified by the Company. Users who acquire membership pursuant to Article 2 are referred to as “Members.”

2. Through the Service, Members may experience an investment simulation relating to TMMF; however, no actual transaction in TMMF is conducted, and no rights in TMMF are granted by, or held against, the Company.

3. We may grant rewards to Members for participating in the Beta. The content of such rewards, methods of provision, and timing shall be determined by us at our sole discretion.

4. We are not liable if rewards cannot be remitted to, or are delayed in being remitted to, the bank account designated by a Member due to deficiencies in the Member’s registration information.

Article 2 (Member Registration)

1. Upon a user’s consent to these Terms and completion of the registration procedures separately specified by us, a contract incorporating these Terms (the “Agreement”) is formed between the user and the Company, and the user obtains membership status. Registration must be performed by the user themself if the user is an individual, or by a person with representative authority if the user is a corporation.

2. We may decline membership registration if the user (including the person with representative authority, in the case of a corporation) falls under any of the following:

* We reasonably determine that the user is likely to violate these Terms.

* Any part of the registration information provided to us is false, erroneous, or omitted.

* The user has previously violated terms in connection with the Service or any other service we provide, has had registration canceled or membership terminated, or has otherwise been refused use of services by us.

* The user is an individual residing outside Japan, or a corporation having its head office outside Japan.

* The user is a minor, an adult ward, a person under curatorship, or a person under assistance, and has not obtained the consent or other procedures necessary from a statutory agent, guardian, curator, or assistant for formation of the Agreement.

* The user is an Anti-Social Force (meaning (i) an organized crime group as defined in Article 2, item 2 of the Act on Prevention of Unjust Acts by Organized Crime Group Members (the “Act”), (ii) a member of an organized crime group as defined in Article 2, item 6 of the Act, (iii) a person for whom five years have not elapsed since ceasing to be such a member, (iv) a quasi-member of such a group, (v) a company affiliated with such a group, (vi) a corporate racketeer (sōkaiya), (vii) a group engaging in criminal activities under the pretext of social movements, (viii) a group engaging in criminal activities under the pretext of political activities, (ix) a special intelligence organized crime group, or (x) any other person equivalent thereto; the same applies hereinafter), or we reasonably determine that the user cooperates with or is involved in the maintenance, operation, or management of Anti-Social Forces through funding or other means, or otherwise has any interaction or involvement with Anti-Social Forces.

* In addition to the foregoing, we deem the user inappropriate as a Member.

3. Please carefully review the input instructions and enter the required items in the prescribed form. Registration must be made with true and accurate information. Except in cases of our willful misconduct or gross negligence, we are not liable for any damage suffered by the user due to false, erroneous, or omitted entries.

Article 3 (Management of ID and Password)

Members must manage the ID and password for the Account under their own responsibility (e.g., using a complex password not easily guessed by third parties; not allowing third parties to use a logged-in device; logging out after using a third party’s device). If the combination of ID and password entered or used matches the information registered by the Member as confirmed by our prescribed method, we will deem the use to be by the Member and provide the Service accordingly. Except in cases of our willful misconduct or gross negligence, we are not liable for any damage arising from use of a Member’s Account by a third party due to theft, unauthorized use, or other circumstances.

Article 4 (Changes to Registration Information)

If any changes occur to the information registered as a Member (“Registration Information”), the Member must promptly update such information. Except in cases of our willful misconduct or gross negligence, we are not liable for any damage incurred by a Member due to failure to update Registration Information. Even if Registration Information is updated, any Service already provided prior to such update shall be deemed properly performed based on the information prior to the update.

Article 5 (Notices from the Company)

1. Notices and other communications from us regarding the Service will be made by sending emails to the email address in the latest Registration Information, posting on websites operated by us, or by other methods we deem appropriate.

2. Where notice is by email, the Member agrees that our notice is deemed delivered at the earlier of (i) the time the email becomes viewable by the Member at the email address above, or (ii) 24 hours after we send the email. Members must keep Registration Information updated in accordance with the preceding Article.

Article 6 (Handling of Personal Information)

We will handle personal information obtained in connection with Members’ use of the Service appropriately in accordance with our Privacy Policy (gluefi.com/privacy-policy/).

Article 7 (Prohibited Acts)

Members must not, whether by themselves or through a third party, engage in any of the following in connection with the Service:

  • Acts that violate laws, court judgments, decisions, or orders, or legally binding administrative measures.
  • Acts that are contrary to public order or morals.
  • Providing benefits or other cooperation to Anti-Social Forces.
  • Infringing the rights, interests, or reputation of the Company or any third party.
  • Impersonating a third party or intentionally transmitting false information.
  • Illegally collecting, disclosing, or providing a third party’s personal or other privacy-related information.
  • Unauthorized access; using a third party’s Account; creating or holding multiple Accounts; or similar acts.
  • Inducing malfunctions of the Service.
  • Using, creating, or distributing external tools that exploit bugs or cause effects not ordinarily intended by the Service.
  • Placing excessive load on the Service or our servers or network systems.
  • Illegally manipulating the Service using bots, cheat tools, or other technical means.
  • Transmitting or disseminating computer viruses or other harmful programs to us or third parties.
  • Acts that violate these Terms or contravene the purpose or spirit of the Service.
  • Abusive language, intimidation, or other acts against our employees or contractors (including temporary staff) that jeopardize their safety or mental health.
  • Without our prior consent, reproducing, copying, modifying, altering, publicly transmitting, distributing, transferring, lending, or translating any digital content available on the Service, our websites, or any tangible or intangible component constituting the Service.
  • Aiding or encouraging any of the above acts.
  • Any other acts that we deem, regardless of means, to be grossly inappropriate in light of social norms.

Members must not assign, lend, sell, pledge, or otherwise dispose of the Account, the Agreement, or any rights or obligations thereunder to any third party.

Article 8 (Suspension of Use; Cancellation of Membership)

1. If we determine that a Member falls under any of the following, we may, without prior notice, take measures such as suspending the Member’s use of the Service, suspending the Account, or canceling the Member’s membership. Except in cases of our willful misconduct or gross negligence, we are not liable even if the Member suffers any disadvantage or damage thereby.

* It is discovered that the Member falls under any item of Article 2, paragraph 2.

* The Member violates any law or these Terms.

* The Member commits fraud or other misconduct in connection with use of the Service.

* It is necessary to ensure the Member’s security, such as multiple password entry failures exceeding a prescribed number.

* We otherwise reasonably deem the Member inappropriate.

2. In addition, if a Member does not log in a prescribed number of times within a period specified by us, we may, without prior notice, take the measures set forth in the preceding paragraph. Our liability in such case is the same as in the preceding paragraph.

Article 9 (Withdrawal and Termination of the Agreement)

1. A Member may terminate the Agreement at any time by completing our prescribed withdrawal procedures.

2. Upon termination of the Agreement, whether through the procedures above or otherwise, the Member will immediately lose all ability to use the Account and the Service. All rights related to the Service held by the Member at that time shall lapse unless otherwise specified by us, and, except in cases of our willful misconduct or gross negligence, the Member may not make any claims against us. However, any obligations owed by the Member to us prior to termination shall not be extinguished, and unless we otherwise specify, the Member must immediately repay all such obligations to us upon termination.

Article 10 (Changes, Suspension, and Termination of the Service)

1. We may change or add to all or part of the content of the Service, or terminate provision of the Service.

2. In such case, taking into account the impact and the operational status of the Service, we will provide information to Members at an appropriate time and in an appropriate manner.

3. We may temporarily suspend all or part of the Service without prior notice to Members if:

* We conduct regular or emergency maintenance or repairs of systems;

* Access concentration or other reasons place heavy load on systems;

* It becomes necessary to ensure the security of Members, us, or third parties;

* Provision of the Service becomes difficult due to suspension of communication lines, natural disasters, fire, power outages, other unforeseen accidents, war, conflict, civil commotion, riot, labor dispute, or other force majeure; or

* We otherwise reasonably deem suspension necessary in light of circumstances related to the Service.

4. Except in cases of our willful misconduct or gross negligence, we are not liable for any damage incurred by Members arising from measures taken under this Article.

Article 11 (Disclaimer of Warranties; Limitation of Liability)

1. Members understand and agree that we make no warranties that the Service or any content or information provided through the Service: (i) is fit for a particular purpose; (ii) will achieve a particular result; (iii) will operate properly on every OS or browser version; (iv) is free of errors, bugs, defects, or security vulnerabilities; (v) does not infringe third-party rights; (vi) has properties expected by the Member; or (vii) will be free from interruptions or other failures, and that (viii) the Service is provided “as is” at the time of provision. Members use the Service at their own responsibility.

2. We make no warranties regarding the truth, accuracy, timeliness, usefulness, reliability, lawfulness, or non-infringement of third-party rights concerning the content of the Service available through a Member’s Account.

3. We are not liable for damage or disadvantage to users caused by force majeure, including without limitation natural disasters (e.g., typhoon, tsunami, earthquake, storm or flood damage, lightning, salt damage), fire, infectious disease or epidemic, cyber-attacks, pollution, war, civil war, riot, acts of terrorism, strikes, revisions or enactments of laws and regulations, orders or dispositions by public authorities, labor disputes, accidents involving transportation or communication lines, sharp increases in raw material costs or freight, or significant fluctuations in exchange rates.

4. In the event we are liable to a Member in connection with the Service, except in cases of our willful misconduct or gross negligence, our liability shall be limited to compensation for ordinary and direct damages actually incurred by the Member, and we are not liable for any special damages (including cases where occurrence of damage was foreseeable or could have been foreseen).

Article 12 (User’s Liability for Damages)

If a user causes damage to us (including reasonable attorneys’ fees) by violating these Terms or in connection with use of the Service, the user must compensate us for such damage.

Article 13 (Changes to the Service and to these Terms; Assignment)

1. We may change the content of the Service.

2. We may change these Terms in accordance with the Civil Code of Japan. When changing these Terms, we will publicize the effective date and the content of the revised Terms by posting on our website or by other appropriate means. The revised Terms shall take effect on the effective date.

3. We may transfer the business related to the Service to a third party, or have it succeeded by merger, company split, or other means, and may have the position under the Agreement and rights and obligations thereunder succeeded to by the transferee or successor. Members hereby consent in advance to such transfer or succession.

Article 14 (Governing Law; Jurisdiction)

These Terms shall be governed by and construed in accordance with the laws of Japan. If litigation becomes necessary in connection with these Terms, the Tokyo District Court or the Tokyo Summary Court shall have exclusive jurisdiction as the court of first instance.

Article 15 (Good-Faith Consultation)

Matters not provided for in these Terms or any doubts arising in the interpretation of these Terms shall be resolved promptly through consultation between the parties in accordance with the principle of good faith.

Established on: October 1, 2025

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