User Agreement — Challenge & Express Phase

This User Agreement — Challenge & Express Phase (this "Agreement") is entered into as of the date of acceptance (the "Effective Date"), by and between:

Solo Clash L.L.C-FZ ("Company"), a limited liability company registered in the Meydan Free Zone (Meydan Grandstand, 6th Floor, Meydan Rd, Nad Al Sheba 1, Dubai, UAE; license number: 2538558.01), and the user, as defined by the Terms & Conditions ("User").

This Agreement governs User's participation in the Company's Challenge Phase and Express Phase trading programs made available through soloclash.com (the "Platform"), in addition to the Terms & Conditions. Participation in any subsequent live trading phase ("Live Phase"), if offered to User, is governed by a separate agreement between User and the Company.

1.1 Trading Academy. User acknowledges and agrees that the Company operates as a trading academy. The Company provides a range of services designed to train, evaluate, and develop User's trading skills, including without limitation structured trading challenges, trading rules and benchmarks, educational materials, and analytical and performance-tracking tools. The Challenge Phase and the Express Phase (together, the "Program") are training and skills-evaluation programs offered by the Company, and are not, and shall not be construed as, investment, brokerage, portfolio management, or asset management services.

1.2 Simulated Environment Only. User acknowledges and agrees that all trading activity conducted during the Challenge Phase and the Express Phase takes place exclusively in a simulated ("demo") trading environment, using fictitious capital. No real funds are traded, deposited, held, or withdrawn in any live financial market by or on behalf of User during the Challenge Phase or the Express Phase, and no order placed by User during these phases is transmitted to, or executed in, any live market.

1.3 No Investment or Brokerage Services. The Program is educational and evaluative in nature. The Company does not provide investment advice, brokerage services, portfolio management, or fiduciary services, whether during the Program or otherwise.

1.4 Purpose of Payouts. User acknowledges and agrees that any amount payable to User in connection with the Challenge Phase or Express Phase (a "Simulated Payout") relates solely to User's performance in the simulated trading environment described in Section 1.2. A Simulated Payout does not represent a share of real trading profit, investment return, brokerage proceeds, or wages, and no real market gain or loss corresponds to it. Simulated Payouts are provided by the Company (a) as a psychological training mechanism, designed to replicate, under realistic incentive conditions, the discipline and decision-making pressure associated with managing real capital, and (b) for the Company's marketing and promotional purposes, including to showcase User outcomes achieved within the Program. User shall not represent a Simulated Payout, to any third party or otherwise, as evidence of live trading profitability, brokerage activity, or investment performance.

1.5 Purpose of Risk Management Rules. User acknowledges that the drawdown limits, consistency requirements, position-sizing limits, permitted-instrument restrictions, and other risk management and behavioral rules set out in the Trading Rules (collectively, the "Risk Rules") are imposed for training and educational purposes, namely to instill risk-management discipline in User. Compliance with the Risk Rules during the Challenge Phase and/or the Express Phase does not, by itself or in combination with any level of simulated performance, create any right, entitlement, or guarantee of (a) any Simulated Payout, (b) progression to a Live Phase, or (c) any particular treatment, allocation, or outcome should User be admitted to a Live Phase.

1.6 Risk Disclosure. User acknowledges that trading, whether simulated or live, involves inherent risks and limitations, and expressly agrees that the Risk Disclosure contained within the Company's Terms & Conditions forms an integral part of this Agreement and is incorporated herein by reference.

1.7 Purpose of the Express Phase. User acknowledges and agrees that the Express Phase exists as an intermediate stage bridging the Challenge Phase's simulated environment and any subsequent Live Phase. To that end, Simulated Payouts made available during the Express Phase are calculated and capped as set out in the Trading Rules, so as to allow User to begin experiencing, in a controlled and limited manner, the character and incentive structure of live trading, without User bearing any personal financial risk or exposure to real capital. As set out in Section 1.5, the Risk Rules applicable during the Express Phase, as throughout the Program, are imposed for training and educational purposes and are designed to support User's acquisition of responsible trading discipline, and this training purpose is a core element of the Company's function as a trading academy.

1.8 Evaluation Criteria; Objective Metrics. User acknowledges and agrees that User's performance during the Challenge Phase and the Express Phase is assessed against objective, pre-defined criteria published in the Trading Rules, including without limitation: (a) consistency of trading performance across the applicable evaluation period; (b) compliance with, and the absence of any breach of, the Risk Rules and other applicable trading rules; and (c) adherence to any applicable minimum or maximum trading-day requirements and other time-based limits set out in the Trading Rules. User acknowledges that these criteria are objective and verifiable, that User is able to monitor User's own progress against them through the performance-tracking tools made available on the Platform, and that the outcome of User's participation in the Program is determined by User's own trading decisions, including User's risk management, consistency, and compliance with the Risk Rules and other applicable rules.

The following documents are expressly incorporated into and form part of this Agreement:

• Terms & Conditions
• Trading Rules / Rulebook
• Privacy Policy
• Cookie Policy
• Risk Disclosure (as referenced in the Terms)

In the event of any conflict, this Agreement shall prevail unless expressly stated otherwise.

3.1 Simulated Trading Account. The Company shall provide User access to one or more simulated trading accounts ("Account") subject to the applicable challenge, evaluation, and payout rules published on the Platform.

3.2 Program Stages. This Agreement governs participation in the following stages of the Program:

• Challenge Phase
• Express Phase

3.3 Completion of the Program. Successful completion of the Challenge Phase and/or the Express Phase, including satisfaction of any profit target, minimum trading days, drawdown, or other requirement set out in the Trading Rules, marks the end of the Program and, by itself, confers no right, entitlement, offer, or expectation of any kind beyond the Program. In particular, it does not constitute an offer of, application for, admission to, or promise of a live trading phase.

3.4 Progression to Live Phase at Company's Discretion. Whether to invite any User to participate in a live trading phase ("Live Phase") following the Program, if the Company offers one at all, is a separate matter decided by the Company entirely at its own sole and absolute discretion, independent of and not required by completion of, or performance in, the Program. No provision of this Agreement, and no level of simulated performance achieved by User, shall be construed as creating any right, entitlement, offer, or guarantee of progression to a Live Phase. The Company may decline to offer a subcontractor agreement marketed as Live Phase to any User, or may discontinue offering a Live Phase generally, at any time and without liability.

3.5 Discretion Over Live Execution. User further acknowledges that, in the event User is admitted to a Live Phase, whether any, all, or none of User's trades in that Live Phase are actually transmitted to and executed in a real, live market (as opposed to being executed or reflected in a further simulated/demo environment) shall be determined solely by the Company, at its sole and absolute discretion, and the Company is under no obligation to execute any trade of User in a live market at any time. The terms governing the Live Phase, including this discretion, are set out in the separate agreement referenced in the preamble to this Agreement.

3.6 Modification of Rules. The Company reserves the right to modify program rules, limits, thresholds, and conditions at its sole discretion at any time, by updating the policies or descriptions on its Help/FAQ page. Continued participation constitutes acceptance of such modifications.

3.7 Account Lifetime. User acknowledges and agrees that Accounts are not provided for an unlimited or indefinite duration. Each Account is subject to the validity period, expiration terms, and any inactivity-based deactivation rules set out in the Trading Rules, and the Company may deactivate, expire, or close an Account in accordance with those rules.

User agrees to:

• Trade only permitted instruments
• Comply with all Risk Rules, including drawdown, contract size, consistency, and behavioral rules, as set out on https://help.soloclash.com/, and acknowledges that such rules serve the training purpose described in Section 1.5
• Use only personal devices and approved platforms
• Avoid exploitation of simulation mechanics, latency, or platform behavior
• Refrain from copy trading, mirroring, or coordinated account activity, aside from Trader's own Accounts

Violations may result in immediate termination, forfeiture of simulated profits, and denial of Simulated Payouts.

5.1 Participation Fees. User shall pay all applicable one-time participation fees as displayed at checkout. Fees are non-refundable except where expressly stated by the Company.

5.2 Resets. Account resets, if permitted, are subject to additional fees as outlined in the Trading Rules.

5.3 No Loss Financing; No Negative Balance Carryover. User acknowledges and agrees that User is never required, and shall not be permitted, to fund, finance, or otherwise cover any simulated loss, drawdown, or negative balance recorded on an Account. Any negative balance or simulated loss recorded on an Account shall not be carried forward to, set off against, or otherwise taken into account in connection with, any subsequent phase, Account, or Simulated Payout, whether under this Agreement or any other agreement with the Company, including any agreement governing a Live Phase. For the avoidance of doubt, no reset fee, drawdown top-up, subscription, or similar payment shall be construed as financing a loss or as a mechanism to keep a failed or breached Account active; failure of an Account, whether by breach of the Risk Rules, exceedance of a drawdown limit, or otherwise, marks the definitive end of that Account's participation in the Program and does not create or carry forward any debt or other obligation owed by User to the Company.

6.1 Eligibility. Eligibility for a Simulated Payout is governed strictly by the Trading Rules defined by the Company, including minimum trading days, drawdown compliance, and profit thresholds.

6.2 Profit Split. Eligible simulated profits generated during the Express Phase shall be split 50% to User / 50% to Company (with the Company's share retained in the Account), subject to all applicable caps and conditions set out in the Trading Rules. As described in Section 1.4, amounts paid under this Section are Simulated Payouts made for training and marketing purposes and do not represent real investment or trading profit.

6.3 Payout Frequency. Simulated Payouts may be requested weekly in accordance with the Trading Rules and are subject to review and approval.

6.4 Payout Cap. Simulated Payouts are subject to the maximum percentage and cumulative limits set forth in the Trading Rules.

6.5 No Guarantee. Simulated performance does not guarantee future profitability, progression to a Live Phase, live execution of any trade, access to live capital, or employment.

User represents and warrants that:

• User is at least eighteen (18) years old
• User is not subject to sanctions or restricted party lists
• All information provided is accurate and complete
• User has not been promised profits or guaranteed outcomes, including guaranteed progression to a Live Phase or guaranteed live execution of trades
• User understands that the Program is a training and evaluation program offered by a trading academy, that all trading during the Program occurs in a simulated environment, and that Simulated Payouts are made for psychological training and marketing purposes as described in Section 1.4, and are not indicative of real-market performance

User is an independent contractor. Nothing herein creates an employment, partnership, agency, or fiduciary relationship.

9.1 Confidential Information. User shall not disclose or misuse any proprietary or confidential information of the Company.

9.2 Non-Solicitation and Non-Interference. For twelve (12) months following termination, User shall not solicit Company personnel, partners, or users, nor interfere with Company relationships.

9.3 Non-Disparagement. User shall not make false or misleading statements that harm the Company's reputation, and by doing so, waives their right to Simulated Payouts, and the Company may terminate their Account(s) with immediate effect.

10.1 Termination for Convenience. Either party may terminate this Agreement with immediate effect by written notice.

10.2 Immediate Termination. The Company may immediately terminate this Agreement for violations, abuse, misconduct, or attempted circumvention.

To the maximum extent permitted by law, the Company's total liability shall not exceed USD $1,000, and the Company shall not be liable for indirect, incidental, consequential, or punitive damages.

User agrees to indemnify and hold harmless the Company from any claims, losses, or liabilities arising from User's breach of this Agreement or applicable rules.

This Agreement shall be governed by the laws of the United Arab Emirates, as applicable in the Meydan Free Zone. The Company may elect binding arbitration or exclusive court jurisdiction as provided in the Terms & Conditions. User waives any right to jury trial or class action participation.

14.1 Entire Agreement. This Agreement, together with all documents incorporated herein by reference, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements, understandings, negotiations, or representations, whether written or oral.

14.2 Amendments and Waivers. No amendment, modification, or waiver of any provision of this Agreement shall be effective unless made in writing and accepted by the Company. A waiver of any breach shall not constitute a waiver of any subsequent breach.

14.3 Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect to the maximum extent permitted by law.

14.4 Assignment. User may not assign or transfer this Agreement, in whole or in part, without the prior written consent of the Company. The Company may freely assign this Agreement to any affiliate, successor, or acquirer.

14.5 Force Majeure. The Company shall not be liable for any failure or delay in performance resulting from events beyond its reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, cyber incidents, governmental actions, power or internet outages, or labor disputes.

14.6 No Partnership or Agency. Nothing in this Agreement shall be deemed to create any partnership, joint venture, agency, or fiduciary relationship between the parties.

14.7 Survival. Any provisions which by their nature should survive termination, including but not limited to confidentiality, limitation of liability, indemnification, governing law, and dispute resolution, shall survive termination or expiration of this Agreement.

14.8 Electronic Communications and Signatures. User consents to receive all communications electronically. This Agreement may be executed electronically and in counterparts, each of which shall be deemed an original and together constitute one instrument.