<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><span style="font-size:14px">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch</span> <strong style="font-weight:bolder">APH, STM, ONSTOCK</strong> and <strong style="font-weight:bolder">MS</strong> <span style="font-size:14px">Stock Futures on the Futures market. T</span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">hese new listings offer a flexible and efficient way to gain exposure to some of the most prominent equities. </span><span style="font-size:14px">Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span></p><div><br /></div><h2><strong style="font-weight:bolder">Futures Trading Details</strong></h2><div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:145px" width="145" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Pair</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/APHSTOCK_USDT">APHUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/STMSTOCK_USDT">STMUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/ONSTOCK_USDT">ONUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/MSSTOCK_USDT">MSUSDT</a></strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Listing Time</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Jul 16, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Jul 16, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Jul 16, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Jul 16, 2026, 12:00 (UTC)</strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Max Leverage</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Margin Mode</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Hours</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">Amphenol Corporation, incorporated in 1986 under the laws of Delaware, is one of the world’s largest designers, manufacturers, and marketers of electrical, electronic, and fiber optic connectors and interconnect systems, antennas, sensors and sensor products, as well as coaxial and high-speed specialty cables.</strong></p><p><strong style="font-weight:bolder">STMicroelectronics N.V. is a Swiss semiconductor company. It designs, develops, manufactures, and markets a range of products, including discrete and standard commodity components for analog, digital, and mixed-signal applications, as well as application-specific integrated circuits (ASICs). The company's divisions include the Automotive and Discrete Group (ADG), the Analog Group, the MEMS and Sensors Group (AMS), and the Microcontrollers and Digital Integrated Circuits Group (MDG). The ADG group includes all application-specific automotive integrated circuits (ICs) as well as discrete and power transistor products. The AMS group includes low-power analog ICs for all markets, smart power products; touchscreen controllers, low-power connectivity solutions for the Internet of Things (IoT), and power conversion products. The AMS group also includes general-purpose and security microcontrollers, as well as electrically erasable programmable read-only memories (EEPROMs).</strong></p><p><strong style="font-weight:bolder">ON Semiconductor Corporation was incorporated in 1999 under the laws of Delaware. The company and its subsidiaries are engaged in innovative energy-efficient electronic drive businesses. The company's product portfolio includes power and signal management, logic, discrete, and custom devices to help customers solve their design challenges in applications including automotive, communications, computing, consumer, industrial, LED lighting, medical, military aircraft, aerospace, smart grids, and power supplies. The company designs, manufactures, and markets advanced electronic systems and a broad range of semiconductor components to address the needs of various design portfolios. The company's power management semiconductors control, convert, protect, and monitor power supplies for diverse electronic devices.</strong></p><p><strong style="font-weight:bolder">Morgan Stanley is a leading global financial services firm providing a broad range of investment banking, securities, wealth management, and investment management services. With offices in 42 countries, the company serves clients worldwide, including corporations, governments, institutions, and individuals.</strong></p><p><br /></p><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div>Enjoy 0 trading fees on the Stock Futures for a limited time! This fee update only applies to select users in specific regions. Please check your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div><div>👉 <a target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<p><span style="font-size:14px">To enhance your Futures trading experience, MEXC is pleased to announce that <strong style="font-weight:bolder">TZA</strong></span><strong style="font-weight:bolder"> </strong><span style="font-size:14px"><strong style="font-weight:bolder">Index Futures </strong>will be listed on MEXC Futures (Web & App). Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">This listing gives users greater flexibility and efficiency when trading global volatility products.</span></p><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h2><strong style="font-weight:bolder">Index Futures Trading Details</strong></h2><div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:100px" width="100" /><col style="width:100px" width="100" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Trading Pair</p></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/TZA_USDT">TZAUSDT</a></p></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Listing Time</p></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Jul 16, 2026, 12:00 (UTC)</p></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Max Leverage</p></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">20x</p></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Margin Mode</p></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:rgb( 0 , 0 , 0 );font-size:14px">Cross & Isolated</span></p></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Trading Hours</p></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">24/7</p></td></tr></tbody></table></figure></figure></figure></figure></figure></div></div><p><br /></p><h2><strong style="font-weight:bolder">What is </strong>TZA</h2><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div><div style="white-space:normal">TZA：The ETF seeks to deliver 300% of the inverse (or opposite), of the daily performance of the Russell 2000® Index.</div></div></div><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Enjoy 0 trading fees on Index Futures for a limited time!</div><p style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">This fee update only applies to select users in specific regions. Please check your account's <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );font-style:normal;font-weight:400;letter-spacing:normal;outline:none;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</p><p style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">👉 <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );font-style:normal;font-weight:400;letter-spacing:normal;outline:none;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Index Futures on MEXC</a></p><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="font-weight:bolder">Important Notes</strong></div><ul style="list-style-type:disc;color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;list-style:disc;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" start="1"><li style="list-style:disc"><div>If a circuit breaker is triggered, trading will be temporarily suspended and orders cannot be executed. No forced liquidations will occur, and existing orders may still be canceled. Users should monitor market conditions and manage their positions responsibly. Refer to the official circuit breaker notice for further details.</div></li><li style="list-style:disc"><div>Availability of TZA Index Futures may vary depending on regulatory restrictions in different jurisdictions. Certain regions may not support these products. Users should consult the <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );outline:none;text-decoration:none" target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement </a>for more information.</div></li><li style="list-style:disc"><div>MEXC reserves the right to modify the list of supported regions at any time for operational and compliance purposes.</div></li></ul>

<div>The 0-Fee Fest for BUSDTand BLESSUSDT Futures will officially conclude on Jul 20, 2026, 10:00 (UTC).</div><div>Please refer to the <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fees page </a>for the latest rates.</div><div><br /></div><div>But don't worry—the savings don't stop here!</div><div><br /></div><div><strong style="font-weight:bolder">🎉 100 Tokens, 0 Fees 🎉</strong></div><div>With over 100 Futures and Spot pairs still available for 0-fee trading, you have endless opportunities to trade smarter and maximize every move. Keep the momentum going—head to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a> now and trade with 0 fees!</div><div><br /></div><div><strong style="font-weight:bolder">🎉 MX Holder Benefits 🎉</strong></div><div style="font-size:13px"><div><span style="font-size:14px">Use MX Deduction to get a 20% discount on Futures trading fees.</span></div></div><div><br /></div><div><br /></div><div><strong style="font-weight:bolder">Notes:</strong></div><div style="font-size:13px"><ul style="list-style-type:disc"><li><div><span style="font-size:14px">Fee rate adjustments may slightly affect liquidation prices. To minimize potential impact, we recommend that you manage your positions in a timely manner.</span></div></li><li><div><span style="font-size:14px">MEXC reserves the final interpretation rights for this event. For any inquiries, please contact Customer Service.</span></div></li></ul></div><div><br /></div><div>Thank you for supporting MEXC Futures.</div>

<div>We are pleased to announce the addition of EVAAUSDT and REUSDT Futures to the 0-Fee Fest. Don't miss this golden opportunity to trade Futures with absolutely no fees. Join now and make every trade count!</div><div><br /></div><h2><strong style="font-weight:bolder">Event Details</strong></h2><div><strong style="font-weight:bolder">Start Time:</strong> Jul 20, 2026, 10:00 (UTC) </div><div><strong style="font-weight:bolder">End Time: </strong>To be announced </div><div><strong style="font-weight:bolder">New Trading Pairs: EVAAUSDT and REUSDT </strong></div><div><strong style="font-weight:bolder">How to Participate: </strong>No registration is required. Simply trade the above Futures to enjoy 0 fees (0% maker fees + 0% taker fees).</div><div><br /></div><div><strong style="font-weight:bolder">🎉 100 Tokens, 0 Fees 🎉</strong></div><div>For more information on the 0-Fee Fest and the event trading pairs, please refer to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a>.</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes:</strong></h2><ul style="list-style-type:disc" start="1"><li><div><span style="font-size:14px">During the event, trading fee discounts from other promotions will not apply to the above trading pairs.</span></div></li><li><div>During the event, the trading volume of the above trading pairs will only partially count towards other Futures events, including <a target="_blank" href="https://www.mexc.com/en-US/futures-activity/bonus" rel="noopener noreferrer">Get $10,000</a>, <a target="_blank" href="https://www.mexc.com/futures-mday?utm_source=mexc&utm_medium=marketsbanner&utm_campaign=bonus_mday" rel="noopener noreferrer">M-Day</a>, etc. For specific details, please refer to the rules of other events.</div></li><li><div>Zero fees do not apply to liquidation. Once liquidation is triggered, you may lose all or a significant portion of your position margin, and the liquidation fee will be deducted from your margin.</div></li><li><span style="font-size:14px">Zero fees do not apply to API trading.</span></li><li><div>This event is open to select users in specific regions. Please refer to your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div></li><li><div>MEXC reserves the final interpretation rights for this event. For any inquiries, please contact Customer Service.</div></li></ul><div><br /></div><div>Thank you for supporting MEXC Futures.</div>

<div><div>MEXC will support the Moonriver (MOVR) contract swap with the following arrangements:</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>Deposits and withdrawals of MOVR <span style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-size:14px">will be closed from </span><strong style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-align:left;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">17 Jul, 2026, 08:00 (UTC)</strong><span style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-size:14px">.</span></div></li><li style="text-align:left"><div>MOVR trading will not be affected during the contract swap.</div></li><li style="text-align:left"><div><strong style="font-weight:bolder">The token swap will be executed at</strong> <strong style="font-weight:bolder">a ratio of 1:1.</strong></div></li><li style="text-align:left"><div>The MOVR token ticker will remain unchanged after the contract swap.</div></li></ul><div><strong style="font-weight:bolder">Important Notes</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>MEXC will not swap MOVR tokens deposited after deposit closure.</div></li><li style="text-align:left"><div>MEXC will provide support to users holding MOVR tokens in their MEXC accounts, assisting with any technical issues that may arise.</div></li><li style="text-align:left"><div>MEXC will no longer support deposits for old MOVR tokens once the token swap is complete. Please confirm the token type before depositing to avoid any asset losses.</div></li><li style="text-align:left"><div>A separate announcement will be made after the token swap is complete.</div></li></ul><div><strong style="font-weight:bolder">Relevant Contract Addresses</strong></div><div>Former Contract Address：</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><a href="https://moonriver.moonscan.io/">https://moonriver.moonscan.io/</a></li></ul><div><strong style="font-weight:bolder">New Contract Address：</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><strong style="font-weight:bolder"><a href="https://basescan.org/token/0x43fEB74608334DDa8c1a6500D185cFC3Ea962B83">https://basescan.org/token/0x43fEB74608334DDa8c1a6500D185cFC3Ea962B83</a></strong></li></ul><div>For more information, please refer to the official <a href="https://moonbeam.network/news/moonriver-strategic-update-movr-is-migrating-to-base/">project team announcement</a>. If you need assistance or further clarification, feel free to reach out to our online customer service.</div><div><br /></div><div>Thank you for your understanding and cooperation.</div></div>

<div><div>MEXC will support the Moonbeam (GLMR) contract swap with the following arrangements:</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>Deposits and withdrawals of GLMR will be closed from <strong style="font-weight:bolder">17 Jul, 2026, 08:00 (UTC)</strong>.</div></li><li style="text-align:left"><div>GLMR trading will not be affected during the contract swap.</div></li><li style="text-align:left"><div><strong style="font-weight:bolder">The token swap will be executed at</strong> <strong style="font-weight:bolder">a ratio of 1:1.</strong></div></li><li style="text-align:left"><div>The GLMR token ticker will remain unchanged after the contract swap.</div></li></ul><div><strong style="font-weight:bolder">Important Notes</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>MEXC will not swap GLMR tokens deposited after deposit closure.</div></li><li style="text-align:left"><div>MEXC will provide support to users holding GLMR tokens in their MEXC accounts, assisting with any technical issues that may arise.</div></li><li style="text-align:left"><div>MEXC will no longer support deposits for old GLMR tokens once the token swap is complete. Please confirm the token type before depositing to avoid any asset losses.</div></li><li style="text-align:left"><div>A separate announcement will be made after the token swap is complete.</div></li></ul><div><strong style="font-weight:bolder">Relevant Contract Addresses</strong></div><div>Former Contract Address：</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><a href="https://moonbeam.subscan.io/">https://moonbeam.subscan.io/</a></li></ul><div><strong style="font-weight:bolder">New Contract Address：</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><strong style="font-weight:bolder"><a href="https://basescan.org/token/0xb3846fd356c2149ee8d30b0449088dc74e265459">https://basescan.org/token/0xb3846fd356c2149ee8d30b0449088dc74e265459</a></strong></li></ul><div>For more information, please refer to the official <a href="https://moonbeam.network/news/moonbeam-strategic-update-moonbeam-network-relaunches-on-base/">project team announcement</a>. If you need assistance or further clarification, feel free to reach out to our online customer service.</div><div><br /></div><div>Thank you for your understanding and cooperation.</div></div>

<p style="margin:0px">AI parameters for Spot Grid is now live, making it easier than ever to create and launch a Spot Grid strategy.</p><p style="margin:0px"><br /></p><h2>Smarter Grid Trading with AI</h2><p style="margin:0px">AI parameters automatically generate recommended grid parameters based on current market conditions. Instead of manually configuring strategy settings, you can use AI-generated recommendations to launch a Spot Grid strategy in just a few clicks.</p><p style="margin:0px"><br /></p><h2>Key Benefits</h2><p style="margin:0px">• <strong style="font-weight:bolder">AI-Powered Strategy Configuration:</strong> Automatically generates recommended grid parameters based on current market conditions.</p><p style="margin:0px">• <strong style="font-weight:bolder">Quick Setup:</strong> Reduce the complexity of manual parameter setup and launch your Spot Grid strategy more efficiently.</p><p style="margin:0px">• <strong style="font-weight:bolder">Beginner Friendly:</strong> No extensive experience with grid trading is required. AI parameters simplify the setup process so you can get started quickly.</p><p style="margin:0px">• <strong style="font-weight:bolder">Improved Decision Efficiency:</strong> Receive AI-generated parameter recommendations as a reference to help you create your strategy more efficiently.</p><p style="margin:0px"><br /></p><h2>How to Use</h2><p style="margin:0px">1. Go to the <strong style="font-weight:bolder">Spot Grid</strong> page.</p><p style="margin:0px">2. Select the <strong style="font-weight:bolder">AI</strong> mode.</p><p style="margin:0px">3. Choose the trading pair you want to trade.</p><p style="margin:0px">4. Review the AI-generated strategy parameters.</p><p style="margin:0px">5. Confirm your investment amount and strategy details, then create your strategy with one click.</p><p style="margin:0px"><br /></p><h3>Important Notes</h3><p style="margin:0px">• AI-generated parameters are provided for reference only and do not guarantee profits or trading performance.</p><p style="margin:0px">• The actual performance of a Spot Grid strategy depends on market conditions and price fluctuations.</p><p style="margin:0px">• You can review and modify the recommended parameters before creating your strategy.</p><p style="margin:0px"><br /></p><p style="margin:0px">Disclaimer: Please invest responsibly and choose an investment amount that matches your risk tolerance. Cryptocurrency trading involves market risk, and past performance does not guarantee future results.</p>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>To enhance trading opportunities and user experience, MEXC will list multiple Ondo tokenized stock trading pairs on MEXC Spot with the following schedule: </div><div><br /></div><h2><strong style="font-weight:bolder">Spot Trading Details</strong></h2><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:122px" width="122" /><col style="width:154px" width="154" /><col style="width:95px" width="95" /><col style="width:95px" width="95" /><col style="width:171px" width="171" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Trading Pair</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Spot Listing Time</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Smart Contracts</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Deposits</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Withdrawals</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/exchange/STMON_USDT">STMON/USDT</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" rowspan="5"><div><br /></div><div style="text-align:center">Jul 16, 2026, 13:30 (UTC)</div><div><br /></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://etherscan.io/token/0xf5852886fff060df3af99a4246456fca26445e8c">ERC-20</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/assets/deposit/STMON">Opened</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" rowspan="5"><div style="text-align:center"><br /></div><div style="text-align:center">Jul 17, 2026, 13:30 (UTC)</div><div style="text-align:center"><br /></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/exchange/FNON_USDT">FNON/USDT</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://etherscan.io/token/0x93a96721a624822a6ab6461a7891a5c6b154102f">ERC-20</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/assets/deposit/FNON">Opened</a></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/exchange/TTON_USDT">TTON/USDT</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://etherscan.io/token/0x26e78f7170d8cc3bd3865d37ce4c554b65b1c9ba">ERC-20</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/assets/deposit/TTON">Opened</a></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/exchange/APHON_USDT">APHON/USDT</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://etherscan.io/token/0xd9c1b5df94063177cf168680b695a417919ae1ae">ERC-20</a></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><a href="https://www.mexc.com/assets/deposit/APHON">Opened</a></div></td></tr><tr><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><div style="font-size:13px"><div style="text-align:center"><a target="_blank" href="https://www.mexc.com/exchange/PWRON_USDT" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:13px">PWRON</span>/USDT</a></div></div></td><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a target="_blank" href="https://etherscan.io/token/0xb4d71137656150e97f3ed2c18d4a30be138d8f2e" rel="noopener noreferrer">ERC-20 </a></p></td><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a target="_blank" href="https://www.mexc.com/assets/deposit/PWRON" rel="noopener noreferrer">Opened</a></p></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></div><div><br /></div><h2><strong style="font-weight:bolder">About Ondo</strong></h2><div>Ondo Global Markets is a platform designed to bring traditional public security onchain, with tokens that are freely transferable and usable in DeFi.</div><div><br /></div><div><strong style="font-weight:bolder">Learn More About Ondo's Tokenized Stock</strong></div><div><a target="_blank" href="https://ondo.finance/global-markets" rel="noopener noreferrer">Website</a> | <a target="_blank" href="https://x.com/OndoFinance" rel="noopener noreferrer">X (Twitter)</a> | <a target="_blank" href="https://t.me/ondofinance" rel="noopener noreferrer">Telegram</a></div><div><br /></div><div><strong style="font-weight:bolder">Risk Disclosure</strong></div><div>Investing in Ondo involves an element of risk and may not be suitable for everyone. You represent, warrant, and agree that prior to investing in Ondo, you will have read our Ondo Risk Disclosure at <a target="_blank" href="https://www.mexc.com/support/articles/17827791529299" rel="noopener noreferrer">Ondo Risk Disclosure</a>, and understand the risks involved with investing in Ondo, and you have determined that investing in Ondo is appropriate for you and your risk tolerance. You are solely responsible for your investment in Ondo, and we make no representations, warranties, or guarantees that the Ondo in which you invest will perform in accordance with your expectations or the underlying stocks. You are solely responsible for, and you hereby acknowledge and agree that we disclaim and have no responsibility for, any loss, liability, or damage you may incur, directly or indirectly, as a result of your investment in Ondo.</div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch MUU USDT-M Stock Futures on the Futures market. This new listing offers a flexible and efficient way to gain exposure to one of the most prominent equities. Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </div><div><br /></div><h2><strong style="font-weight:bolder">Futures Trading Details</strong></h2><div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:166px" width="166" /><col style="width:241px" width="241" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Trading Pair</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><a href="https://www.mexc.com/futures/MUU_USDT">MUU</a></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Listing Time</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1">Jul 16, 2026, 07:50 (UTC)</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Max Leverage</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1">20x</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Margin Mode</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Trading Hours</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></div></div><h2 style="background-color:rgb( 255 , 255 , 255 );color:rgba( 0 , 0 , 0 , 0.85 );font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"> </h2><h2 style="background-color:rgb( 255 , 255 , 255 );color:rgba( 0 , 0 , 0 , 0.85 );font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgba( 255 , 246 , 122 , 0.8 )"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">What Is </strong></span>MUU</h2><div>Direxion's actively managed leveraged ETF aims to achieve twice the daily return of Micron Technology (MU) stock. It primarily constructs a 2x leveraged exposure through financial instruments such as swap contracts and options. Established in October 2024, it is suitable for short-term traders with risk tolerance.</div><div><br /></div><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div>Enjoy 0 trading fees on the Stock Futures for a limited time! This fee update only applies to select users in specific regions. Please check your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div><div>👉 <a target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<div><h1 style="text-align:center">TOKENIZED SECURITIES</h1><h1 style="text-align:center">TERMS AND CONDITIONS</h1><div><br /></div><div style="text-align:left">The following terms and conditions (these "Terms") set out the terms pursuant to which the third-party token issuer (the "Token Issuer" or "Issuer") issues tokenized securities tokens (the "Tokens"), and MEXC and its affiliates ("MEXC" or the "Platform Operator"), in its capacity as intermediary and platform service provider, facilitates the subscription, holding and redemption of Tokens through the MEXC Platform (as defined below).</div><div><br /></div><div style="text-align:left">These Terms govern the contractual relationship between you (the "User"), the Platform Operator and the Token Issuer in respect of your subscription, holding and redemption of Tokens via the MEXC Platform. The Token Issuer shall be the sole issuer of the Tokens and the legal obligor in respect of Token redemption and the backing of Tokens by Underlying Assets. MEXC acts solely in the capacity of platform operator and intermediary facilitating User access to the Token program, and is not the issuer of the Tokens. Tokens subscribed for and held on the MEXC Platform may only be redeemed through the MEXC Platform. The specific operational rules, parameters and procedures for the Token program shall be as published on the MEXC Platform from time to time.</div><div><br /></div><div style="text-align:left">IMPORTANT NOTICE: The Tokens subscribed for by you under these Terms are tokenized securities issued by the Token Issuer and do not constitute a direct purchase or holding of U.S.-listed stocks or ETFs. Each Token represents a contractual entitlement to the economic value of one share (or a specified fractional interest in one share) of the corresponding Underlying Asset, recorded on a distributed ledger, and shall not constitute direct ownership of, or legal title to, the Underlying Securities. Subject to the token issuance and circulation rules established by the Token Issuer, Tokens may be non-transferable or transferable only on a restricted basis. Please refer to the announcements published from time to time by the MEXC Platform or the Token Issuer.</div><div><br /></div><div style="text-align:left">You, the Token Issuer and the Platform Operator are each referred to herein as a "Party" and collectively as the "Parties."</div><div><br /></div><div style="text-align:left">You should consult your own legal, financial, tax and other professional advisors before participating in the Token program. If you do not agree to these Terms, you must not subscribe for, hold or redeem any Tokens.</div><div style="text-align:left">Tokens may be disposed of solely through: (i) the redemption mechanism set out in Article VI of these Terms; or (ii) the U.S. Stock Conversion mechanism described in Schedule 4 and further detailed in the applicable Platform Rules.</div><div style="text-align:left">These Terms do not constitute an offer to sell or a solicitation of an offer to buy Tokens in any jurisdiction in which such offer or solicitation would be unlawful. The Token Issuer reserves the right to adjust, suspend or terminate the Token program at any time in accordance with Applicable Law and its own commercial judgment.</div><div style="text-align:left">By accepting these Terms and participating in the Token program, you agree to be legally bound by these Terms (including the Schedules hereto), the MEXC Platform User Agreement, and all applicable rules, announcements and guidelines published on the MEXC Platform from time to time. You expressly acknowledge that you have carefully reviewed these Terms and fully understand the risks, costs and consequences of participating in the Token program.</div><h2 style="text-align:left">ARTICLE I — INTRODUCTION, SCOPE AND DEFINITIONS</h2><h3 style="text-align:left">Section 1.1 Definitions</h3><div style="text-align:left">Capitalized terms used in these Terms shall have the meanings ascribed to them in Schedule 1 hereto.</div><h3 style="text-align:left">Section 1.2 Scope and Hierarchy</h3><div style="text-align:left">These Terms (including the Schedules hereto), together with the MEXC Platform User Agreement and the applicable Platform Rules, govern the subscription, holding and redemption of Tokens by Users through the MEXC Platform. Where these Terms make specific provision for a particular matter, these Terms shall prevail. Where these Terms are silent or ambiguous, the MEXC Platform User Agreement and applicable Platform Rules shall apply. In the event of any inconsistency between these Terms and the separate terms of service of the Token Issuer, the matter in question shall be construed in accordance with the applicable provisions as reasonably determined by MEXC and the Token Issuer acting in good faith.</div><h3 style="text-align:left">Section 1.3 Roles of the Parties</h3><div style="text-align:left">(a) Token Issuer. The Token Issuer is the issuer of the Tokens and is responsible for the overall structuring of the Token program, including the backing of Tokens by Underlying Assets and the performance of core issuer obligations. The Token Issuer appoints third-party service providers, including the Licensed Broker-Dealer for custody services and the Token Agent for on-chain tokenization services. The specific identity and terms of service of the Token Issuer shall be as published on the MEXC Platform from time to time.</div><div style="text-align:left">(b) Platform Operator (MEXC). MEXC operates the MEXC Platform as an intermediary, providing User account administration, the Token subscription interface, processing of redemption and Conversion requests, KYC/AML verification, and customer support services. MEXC does not issue Tokens and does not hold legal or beneficial title to any Underlying Assets.</div><div style="text-align:left">(c) User. You are the User subscribing for, holding and redeeming Tokens through the MEXC Platform in accordance with these Terms and the applicable Platform Rules.</div><h2 style="text-align:left">ARTICLE II — ELIGIBILITY TO PARTICIPATE (RESTRICTED PERSONS)</h2><h3 style="text-align:left">Section 2.1 Territorial and Legal Restrictions</h3><div style="text-align:left">You shall not participate in the Token program if such participation is prohibited or restricted by Applicable Law in your jurisdiction of residence or domicile. You are solely responsible for ensuring that your subscription, holding and redemption of Tokens do not contravene any Applicable Law, regulation or rule in your jurisdiction.</div><h3 style="text-align:left"><br />Section 2.2 Restricted Persons</h3><div style="text-align:left">You shall not be eligible to participate, and shall not participate, in the Token program if you fall within any category of Restricted Person as set out in Schedule 1 or as otherwise determined by MEXC or the Token Issuer in accordance with Applicable Law and their respective compliance policies.</div><h3 style="text-align:left"><br />Section 2.3 KYC and AML Verification</h3><div style="text-align:left">Access to the Token program is subject to you successfully completing Know Your Customer ("KYC") and Anti-Money Laundering ("AML") verification to the reasonable satisfaction of the Platform Operator. Specific KYC/AML requirements and procedures are set out in the MEXC Platform User Agreement and related compliance rules, as may be updated from time to time.</div><h2 style="text-align:left">ARTICLE III — TOKEN SUBSCRIPTION AND BACKING</h2><h3 style="text-align:left">Section 3.1 Subscription Mechanics</h3><div style="text-align:left">To subscribe for Tokens, you must hold a verified Account on the MEXC Platform and have accepted these Terms. Tokens shall be recorded in book-entry form under your Account on the MEXC Platform. The availability, timing and parameters of Token subscriptions shall be as announced on the MEXC Platform from time to time at the sole discretion of the Token Issuer.</div><h3 style="text-align:left"><br />Section 3.2 One-for-One Backing Principle</h3><div style="text-align:left">Each Token is intended to be backed on a one-for-one (1:1) basis by the corresponding Underlying Asset held in custody for the Token program. The Token Issuer shall use commercially reasonable efforts to maintain such one-for-one backing. Specific backing arrangements and reporting mechanisms shall be as determined by the Token Issuer and published or made available through the MEXC Platform from time to time.</div><h3 style="text-align:left"><br />Section 3.3 Pricing</h3><div style="text-align:left">Token subscription and redemption pricing shall be based on the market value of the corresponding Underlying Asset, as determined by the Token Issuer applying its selected pricing methodology. Specific pricing rules, data sources and methodologies shall be as published on the MEXC Platform. Token prices may deviate from real-time market prices due to a variety of factors, including fees, foreign exchange fluctuations and prevailing market conditions.</div><h3 style="text-align:left"><br />Section 3.4 Custody of Underlying Assets</h3><div style="text-align:left">Underlying Assets shall be held in custody by the Licensed Broker-Dealer or such other qualified custodian as may be appointed by the Token Issuer from time to time. MEXC does not hold, control or have custody of any Underlying Assets. Custody arrangements are governed by the agreements between the Token Issuer and the relevant custodian.</div><h2 style="text-align:left">ARTICLE IV — TOKEN HOLDER RIGHTS</h2><h3 style="text-align:left">Section 4.1 Delivery of Tokens</h3><div style="text-align:left">Tokens shall be credited to your Account on the MEXC Platform upon successful completion of the subscription process. Specific delivery timelines shall be as published on the MEXC Platform. Tokens shall be deemed to have been received by you when they are reflected in your Account on the MEXC Platform.</div><h3 style="text-align:left"><br />Section 4.2 Transfer Restrictions</h3><div style="text-align:left">Subject to the token issuance and circulation rules established by the Token Issuer, Tokens may be non-transferable or transferable only on a restricted basis. Without the prior written authorization of the Token Issuer, you shall not transfer, trade, offer, sell, pledge, hypothecate or otherwise dispose of Tokens on any secondary market, including any cryptocurrency exchange, decentralized exchange or over-the-counter venue. Permitted methods of disposing of Tokens shall be as announced by the MEXC Platform or the Token Issuer from time to time, and currently include redemption and U.S. Stock Conversion, each subject to their respective conditions and procedures. Please refer to the announcements published from time to time by the MEXC Platform or the Token Issuer.</div><h3 style="text-align:left"><br />Section 4.3 Summary of Token Holder Rights</h3><div style="text-align:left">You acknowledge and agree that Tokens are not U.S.-listed stocks or ETFs, do not constitute direct ownership of or legal title to the Underlying Securities, and shall not render you a shareholder of the Token Issuer or of the issuer of the Underlying Securities. Token holders have contractual rights against the Token Issuer, which may include, without limitation, the following (subject to the specific terms and conditions applicable at the relevant time):</div><div style="text-align:left">(a) Economic Entitlement. Each Token represents a contractual entitlement to the economic value of the specified Underlying Asset, exercisable by way of redemption.</div><div style="text-align:left">(b) Redemption Right. You may request redemption of Tokens in accordance with Article VI and the applicable Platform Rules.</div><div style="text-align:left">(c) Dividend Pass-Through Right. To the extent that cash dividends or other distributions are received in respect of Underlying Assets, the corresponding economic value may be passed through to Token holders, net of applicable Taxes and fees, in accordance with the dividend policy of the Token Issuer as published from time to time.</div><div style="text-align:left">(d) Corporate Action Adjustments. Corporate actions affecting Underlying Assets may be reflected by way of adjustments to Tokens as the Token Issuer determines to be appropriate to preserve economic proportionality.</div><div style="text-align:left">(e) Conversion Right. Subject to Schedule 4 and the applicable Platform Rules, you may apply to convert Tokens into actual U.S. equity securities.</div><div style="text-align:left">The specific implementation, conditions, procedures and fees relating to the foregoing rights shall be as set out in the applicable Platform Rules and announcements.</div><h3 style="text-align:left"><br />Section 4.4 Disclaimer</h3><div style="text-align:left">Tokens are provided on an "as is" and "as available" basis. Neither the Token Issuer nor MEXC makes any representations or warranties, express or implied, with respect to the Tokens except as expressly set out in these Terms. The risk of loss in holding Tokens can be substantial. You should carefully consider whether tokenized securities are suitable for you in light of your financial circumstances and risk tolerance.</div><h2 style="text-align:left">ARTICLE V — SUSPENSION, REJECTION AND REFUNDS</h2><div style="text-align:left">The Token Issuer and/or MEXC reserve the right, in their sole discretion, to suspend Token subscriptions, reject any subscription request, or declare any completed subscription null and void ab initio, at any time for any reason, including but not limited to: changes in Applicable Law or regulatory requirements, you becoming a Restricted Person, compliance concerns, or operational necessity. In the event of rejection or suspension, refunds shall be processed in accordance with the applicable Platform Rules, net of any applicable administrative and transaction fees. Save as expressly provided in these Terms, Tokens are not subject to refund other than by way of redemption or Conversion.</div><h2 style="text-align:left">ARTICLE VI — TOKEN REDEMPTION</h2><h3 style="text-align:left">Section 6.1 Redemption Right</h3><div style="text-align:left">Subject to Applicable Law and the terms of these Terms, you may submit a redemption request via the MEXC Platform to redeem all or part of your Tokens. Redemption proceeds shall be settled in U.S. dollar-denominated stablecoins or such other form of consideration as the Token Issuer may accept from time to time. Tokens subscribed for and held on the MEXC Platform may only be redeemed through the MEXC Platform.</div><h3 style="text-align:left"><br />Section 6.2 Redemption Process</h3><div style="text-align:left">Redemption requests shall be submitted via the MEXC Platform and processed by the Token Issuer in accordance with its then-current procedures. Upon completion of processing, the corresponding Tokens shall be burnt and the redemption proceeds shall be credited to your Account on the MEXC Platform. Specific processing timelines and procedures shall be as published on the MEXC Platform from time to time.</div><h3 style="text-align:left"><br />Section 6.3 Redemption Price</h3><div style="text-align:left">The redemption price per Token shall be calculated based on the net proceeds from the sale of the corresponding Underlying Assets, net of all applicable transaction costs and redemption service fees. Specific pricing and fee structures shall be as published on the MEXC Platform from time to time.</div><h3 style="text-align:left"><br />Section 6.4 Conditions and Limitations</h3><div style="text-align:left">Redemption is subject to your ongoing compliance with KYC/AML requirements, Applicable Law and any other conditions set out in the applicable Platform Rules. The Token Issuer may establish minimum and/or maximum redemption thresholds, frequency limits, and may defer or restrict redemptions in certain circumstances including Market Disruption Events, liquidity constraints or regulatory requirements, all as more particularly set out in the applicable Platform Rules.</div><h2 style="text-align:left">ARTICLE VII — REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE USER</h2><div style="text-align:left">By accepting these Terms and subscribing for Tokens, you represent, warrant and covenant to the Token Issuer and MEXC, as at the date of acceptance and as at each date on which you subscribe for, redeem or convert Tokens, that:</div><div style="text-align:left">(a) you are subscribing for Tokens for your own account, for investment purposes only, and not as nominee or agent for any other person, and not with a view to, or for resale in connection with, any distribution thereof;</div><div style="text-align:left">(b) you have such knowledge and experience in financial, business and technological matters (including distributed ledger technology) as to be capable of evaluating the merits and risks of purchasing Tokens, and you are able to bear the economic risk of, and a complete loss of, your investment;</div><div style="text-align:left">(c) your subscription, holding and redemption of Tokens comply with all Applicable Laws and regulations in your jurisdiction;</div><div style="text-align:left">(d) you are a Non-U.S. Person as defined in Regulation S under the U.S. Securities Act of 1933, as amended, and you are not acquiring Tokens for the account or benefit of any U.S. Person;</div><div style="text-align:left">(e) you acknowledge and understand that Tokens do not represent direct ownership of Underlying Assets, and that the transfer of Tokens is subject to the issuance and circulation rules of the Token Issuer;</div><div style="text-align:left">(f) you are not a citizen or resident of, or located in, any Prohibited Jurisdiction, and you are not a person subject to any Sanctions;</div><div style="text-align:left">(g) the funds used to purchase Tokens are not derived from any activity prohibited by anti-money laundering or counter-terrorism financing laws;</div><div style="text-align:left">(h) you shall be solely responsible for determining the tax consequences of your participation in the Token program; and</div><div style="text-align:left">(i) the representations and warranties set out in this Article VII are true, correct and complete as of the date you accept these Terms and shall be deemed to be repeated each time you subscribe for, redeem or convert Tokens.</div><h2 style="text-align:left">ARTICLE VIII — DISCLAIMERS</h2><div style="text-align:left">To the fullest extent permitted by Applicable Law, neither the Token Issuer nor MEXC (nor any of their respective affiliates, directors, officers, employees, agents or service providers) shall have any liability whatsoever for:</div><div style="text-align:left">(a) any failure, malfunction, suspension or interruption in the operation of Tokens, distributed ledger technology or the MEXC Platform, including, without limitation, those arising from hacking, cyberattacks, bugs or programming deficiencies;</div><div style="text-align:left">(b) any decline, depreciation or fluctuation in the value of Underlying Assets or Tokens;</div><div style="text-align:left">(c) any changes in Applicable Law or regulation affecting Tokens or the Token program;</div><div style="text-align:left">(d) any loss of access to your Account or compromise of your credentials;</div><div style="text-align:left">(e) any of the risks described in Schedule 3 (Risk Factors); or</div><div style="text-align:left">(f) any indirect, special, incidental, consequential, exemplary or punitive losses or damages.</div><div style="text-align:left">The security of your Account on the MEXC Platform is governed by and subject to the MEXC Platform User Agreement. You shall be solely responsible for safeguarding the security of your account credentials.</div><h2 style="text-align:left">ARTICLE IX — LIMITATION OF LIABILITY AND INDEMNIFICATION</h2><h3 style="text-align:left">Section 9.1 Limitation of Liability</h3><div style="text-align:left">To the fullest extent permitted by Applicable Law:</div><div style="text-align:left">(a) neither the Token Issuer nor MEXC shall be liable for any indirect, special, incidental, consequential, exemplary or punitive losses or damages arising out of or in connection with your participation in the Token program;</div><div style="text-align:left">(b) the aggregate liability of the Token Issuer arising out of or in connection with the Tokens shall be limited in accordance with the applicable terms and policies of the Token Issuer; and</div><div style="text-align:left">(c) the aggregate liability of MEXC arising out of or in connection with the provision of platform services in relation to the Token program shall be limited to the total fees paid by you to MEXC in respect of such services during the twelve (12)-month period immediately preceding the date on which the relevant claim arose.</div><h3 style="text-align:left"><br />Section 9.2 Indemnification</h3><div style="text-align:left">You shall indemnify, defend and hold harmless the Token Issuer, MEXC and their respective affiliates, directors, officers, employees, agents and service providers from and against any and all losses, claims, damages, liabilities and expenses (including reasonable legal fees) arising out of or in connection with: (a) any breach by you of these Terms or any applicable Platform Rules; (b) any violation by you of Applicable Law or regulation; or (c) your fraud, gross negligence or willful misconduct.</div><h2 style="text-align:left">ARTICLE X — GENERAL PROVISIONS</h2><h3 style="text-align:left">Section 10.1 Non-Assignability</h3><div style="text-align:left">These Terms are personal to you. You shall not assign, transfer, novate or otherwise dispose of any of your rights or obligations hereunder without the prior written consent of the relevant Party.</div><h3 style="text-align:left"><br />Section 10.2 Intellectual Property</h3><div style="text-align:left">Nothing in these Terms shall be construed as granting you any right, title or interest in or to any intellectual property rights of the Token Issuer, MEXC, the Tokens or the MEXC Platform. All rights not expressly granted herein are reserved by the respective owners.</div><h3 style="text-align:left"><br />Section 10.3 Survival</h3><div style="text-align:left">Articles VII through IX and all Schedules shall survive any termination or expiration of your participation in the Token program.</div><h3 style="text-align:left"><br />Section 10.4 No Waiver</h3><div style="text-align:left">No failure or delay by any Party in exercising any right, power or remedy under these Terms shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy.</div><h3 style="text-align:left"><br />Section 10.5 Entire Agreement</h3><div style="text-align:left">These Terms, together with the MEXC Platform User Agreement, the applicable Platform Rules and the applicable terms of the Token Issuer, constitute the entire agreement and understanding between the Parties with respect to the subject matter hereof and supersede all prior agreements, arrangements and understandings relating thereto.</div><h3 style="text-align:left"><br />Section 10.6 Taxes</h3><div style="text-align:left">You shall be solely responsible for all Taxes, duties and levies arising from or in connection with your subscription, holding, redemption or conversion of Tokens. Neither the Token Issuer nor MEXC provides tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors.</div><h3 style="text-align:left"><br />Section 10.7 Notices</h3><div style="text-align:left">Notices and communications under these Terms shall be deemed duly given when delivered to the message center of your Account on the MEXC Platform, or when published on the MEXC Platform, as the case may be.</div><h3 style="text-align:left"><br />Section 10.8 Dispute Resolution</h3><div style="text-align:left">Any dispute arising out of or in connection with these Terms shall first be resolved through good-faith amicable negotiation; failing which, such dispute shall be resolved in accordance with the dispute resolution mechanism set out in the MEXC Platform User Agreement.</div><h3 style="text-align:left"><br />Section 10.9 Amendments</h3><div style="text-align:left">MEXC and/or the Token Issuer reserve the right, from time to time, to amend these Terms or the applicable Platform Rules. Material amendments shall be notified via the MEXC Platform in advance of their effective date. Your continued holding of Tokens or use of the Platform following the effective date of any amendment shall constitute your acceptance thereof.</div><h3 style="text-align:left"><br />Section 10.10 Severability</h3><div style="text-align:left">If any provision of these Terms is held to be invalid, illegal or unenforceable, the remaining provisions shall remain in full force and effect. The Parties shall use reasonable endeavors to replace such invalid provision with a valid provision that gives effect to the intended economic and legal purpose of the original provision.</div><h2 style="text-align:left">SCHEDULE 1 — DEFINITIONS AND INTERPRETATION</h2><div style="text-align:left">"Account" means your registered user account on the MEXC Platform.</div><div style="text-align:left">"Applicable Law" means all applicable laws, statutes, regulations, rules, codes, orders, judgments, decrees and directives of any governmental or regulatory authority having jurisdiction, including all applicable sanctions laws and regulations.</div><div style="text-align:left">"Conversion" means the conversion of Tokens into the corresponding Underlying Securities in accordance with Schedule 4 and the applicable Platform Rules.</div><div style="text-align:left">"Digital Asset" means any cryptocurrency, stablecoin, token or other digital asset based on blockchain or distributed ledger technology.</div><div style="text-align:left">"FATF" means the Financial Action Task Force on Money Laundering.</div><div style="text-align:left">"Indemnitees" means the respective subsidiaries, affiliates, directors, officers, employees, agents, service providers and advisors of the Token Issuer and MEXC, including the Licensed Broker-Dealer and the Token Agent.</div><div style="text-align:left">"Licensed Broker-Dealer" means the qualified professional institution(s) appointed by the Token Issuer to provide securities trade execution, clearing and custody services in respect of Underlying Securities. The specific broker-dealer(s) shall be as designated by the Token Issuer from time to time.</div><div style="text-align:left">"Market Disruption Event" means any event or circumstance that, in the reasonable determination of the Token Issuer or MEXC, disrupts or impairs the normal operation of the market for Underlying Assets, the Token program or the MEXC Platform, including market halts, trading suspensions, material liquidity constraints, force majeure events or regulatory actions.</div><div style="text-align:left">"MEXC" or "Platform Operator" means MEXC and its affiliates, the operator of the MEXC Platform, acting as intermediary and platform service provider for the Token program.</div><div style="text-align:left">"MEXC Platform" means the official MEXC website and related applications through which Users conduct Token subscription, holding, redemption and Conversion operations.</div><div style="text-align:left">"Non-U.S. Person" has the meaning ascribed to it in Regulation S promulgated under the U.S. Securities Act of 1933, as amended.</div><div style="text-align:left">"OFAC" means the Office of Foreign Assets Control of the U.S. Department of the Treasury.</div><div style="text-align:left">"Platform Rules" means all applicable rules, guidelines, announcements, FAQs and fee schedules published on the MEXC Platform from time to time in relation to the Token program.</div><div style="text-align:left">"Prohibited Jurisdictions" means North Korea, Cuba, Sudan, Iran, Mainland China, Singapore, the United States, the United Kingdom, Hong Kong, Kazakhstan, the Russian-controlled regions of Ukraine (currently including Crimea, Donetsk, Luhansk, Zaporizhzhia, Kherson, and Sevastopol), and Canada, and/or any country or territory subject to comprehensive economic or trade sanctions administered by: (i) the European Union (including restrictive measures under Article 215 of the Treaty on the Functioning of the European Union); (ii) OFAC; or (iii) any country identified by FATF as a "High-Risk Jurisdiction Subject to a Call for Action" (commonly known as the FATF "Blacklist"). For the avoidance of doubt, the list of Prohibited Jurisdictions is non-exclusive and is subject to change at any time and from time to time by MEXC in its absolute sole discretion, taking into account legal and compliance considerations.</div><div style="text-align:left">"Restricted Person" means any person who is: (a) a citizen or resident of, or located in, any Prohibited Jurisdiction; (b) listed on any Sanctions list; (c) a person with whom dealings are prohibited under Applicable Law; or (d) otherwise determined by MEXC or the Token Issuer to be ineligible to participate in the Token program.</div><div style="text-align:left">"Sanctions" means economic or trade sanctions administered or enforced by OFAC, the United Nations, the European Union, the United Kingdom, Singapore or any other relevant governmental authority.</div><div style="text-align:left">"Taxes" means all taxes, duties, levies, imposts, deductions, withholdings and other similar charges imposed by any governmental or regulatory authority, together with any interest, penalties or additions thereto.</div><div style="text-align:left">"Terms" means these terms and conditions, including all Schedules hereto, as may be amended from time to time.</div><div style="text-align:left">"Token" means a tokenized security issued by the Token Issuer, each Token representing a contractual entitlement to the economic value of one share (or fractional interest) of a specific U.S.-listed stock or ETF (the Underlying Asset). The transfer of Tokens is subject to the issuance and circulation rules of the Token Issuer. Tokens do not constitute direct ownership of Underlying Securities.</div><div style="text-align:left">"Token Agent" or "Tokenization Services Supplier" means the third-party technology service provider appointed by the Token Issuer to provide smart contract deployment, Token minting and burning, and on-chain record-keeping services.</div><div style="text-align:left">"Token Issuer" or "Issuer" means the third-party entity that issues the Tokens and is responsible for the structuring of the Token program. The specific identity of the Token Issuer shall be as published on the MEXC Platform from time to time.</div><div style="text-align:left">"Underlying Assets" or "Underlying Securities" means the U.S.-listed publicly traded securities or ETFs corresponding to the Tokens, held in custody by the Licensed Broker-Dealer or other custodian for the Token program.</div><div style="text-align:left">"User" means you, the person subscribing for, holding and redeeming Tokens through the MEXC Platform.</div><h2 style="text-align:left">SCHEDULE 2 — CUSTODY ARRANGEMENTS</h2><div style="text-align:left">Underlying Assets corresponding to the Tokens are held in custody by the Licensed Broker-Dealer or such other qualified custodian as may be appointed by the Token Issuer from time to time. The Token Issuer is responsible for ensuring that custody arrangements are appropriately structured for the Token program.</div><div style="text-align:left">Specific custody arrangements, segregated account structures and applicable protections shall be as determined by the Token Issuer in accordance with Applicable Law and its agreements with the relevant custodian. Information regarding custody arrangements shall be made available through the MEXC Platform as the Token Issuer deems appropriate.</div><div style="text-align:left">MEXC does not hold, control or have custody of any Underlying Assets and assumes no responsibility or liability in respect of custody arrangements.</div><h2 style="text-align:left">SCHEDULE 3 — RISK FACTORS</h2><div style="text-align:left">You understand that the subscription, holding and redemption of Tokens involve significant risks, including but not limited to the risks described below. The following list is not exhaustive and does not purport to describe all risks that may apply. You should carefully consider these risks in light of your own financial situation and risk tolerance before participating in the Token program.</div><h3 style="text-align:left">Part I — General Risks Relating to Tokens</h3><div style="text-align:left">1. Liquidity and Transfer Restrictions. The transfer of Tokens is subject to the issuance and circulation rules established by the Token Issuer. Tokens may be non-transferable or transferable only on a restricted basis and may not be traded on unauthorized secondary markets. Tokens may be disposed of solely through platform-permitted methods such as redemption and U.S. Stock Conversion, each subject to applicable conditions and limitations. An investment in Tokens is only suitable for sophisticated persons who can bear the loss of their entire investment and who are able to hold Tokens for an indefinite period.</div><div style="text-align:left">2. General Blockchain and Token Risks. You accept the inherent risks associated with blockchain-based tokens, including potential money laundering risks, fraud risks, the on-chain traceability of transactions, potential theft and cybersecurity risks, and regulatory uncertainty regarding the legal status of blockchain tokens generally.</div><div style="text-align:left">3. Technology Risk. Blockchain and tokenization technologies are still developing and are subject to known and unknown vulnerabilities. There can be no assurance of uninterrupted or error-free operation, and technological vulnerabilities, bugs or security breaches could result in the loss of Tokens or other adverse consequences.</div><div style="text-align:left">4. Regulatory Uncertainty Risk. The regulatory landscape for tokenized securities and blockchain-based assets is evolving globally and remains uncertain in many jurisdictions. Regulatory changes or interpretations may adversely affect the Token program, including potentially requiring modification, suspension or termination of the program.</div><div style="text-align:left">5. Program Risk. The Token program may be modified, suspended or terminated at any time for a variety of reasons, including regulatory changes, operational considerations, changes in service providers, or lack of commercial viability.</div><div style="text-align:left">6. Account Access Risk. Tokens are accessed through your Account on the MEXC Platform. Loss or compromise of your login credentials may result in inaccessibility or loss of Tokens. Account security is governed by the MEXC Platform User Agreement.</div><div style="text-align:left">7. Cybersecurity Risk. Digital platforms, blockchain networks and smart contracts may be subject to hacking, cyberattacks, phishing, malware or other malicious activities, potentially resulting in theft or loss of assets.</div><div style="text-align:left">8. Consensus and Protocol Risk. Public blockchains may be vulnerable to consensus attacks, protocol changes, forks or other technical events that could materially affect the operation or value of Tokens.</div><h3 style="text-align:left">Part II — U.S. Stock Token-Specific Risks</h3><div style="text-align:left">9. Non-Direct Holding Risk. Tokens are not U.S.-listed stocks or ETFs. You are not the registered or beneficial owner of the Underlying Securities and do not enjoy direct shareholder rights such as voting rights, rights to attend meetings, or inspection rights.</div><div style="text-align:left">10. Legal Structure Risk. Token interests represent contractual rights rather than registered securities holdings. The legal structure of tokenized securities differs fundamentally from direct ownership of securities, and your rights are subject to the terms of these Terms and the applicable arrangements between the Token Issuer and its service providers.</div><div style="text-align:left">11. Liquidity Risk. Due to transfer restrictions, Token positions may only be exited through platform-permitted methods such as redemption or Conversion, which are subject to conditions, fees, processing times and potential limitations. You may not be able to liquidate your position at a desired time or price.</div><div style="text-align:left">12. Market Risk. Token values are linked to the prices of the underlying U.S. equity assets and therefore bear the full market risks of the U.S. stock market, including overall market declines, individual stock performance, interest rate movements and geopolitical events.</div><div style="text-align:left">13. Price Deviation Risk. Token prices may deviate from the real-time market prices of the Underlying Securities due to fees, slippage, differences in pricing data sources, foreign exchange fluctuations, operational delays and other factors.</div><div style="text-align:left">14. Dividend and Corporate Action Risk. Dividends and corporate actions are reflected indirectly through adjustments to Tokens, which may involve delays, calculation differences, fee deductions or threshold limitations. The timing and amount of any pass-through may differ from the underlying corporate action.</div><div style="text-align:left">15. Tax Risk. The tax treatment of tokenized securities is uncertain in many jurisdictions and may change, potentially with retroactive effect. You should consult independent tax advisors regarding your specific tax situation.</div><div style="text-align:left">16. Conversion Feasibility Risk. Conversion to actual U.S. equity securities requires satisfaction of various eligibility and account opening conditions. There can be no assurance that you will qualify for or be able to complete Conversion.</div><div style="text-align:left">17. Custodian and Broker-Dealer Risk. Underlying Assets are held by third-party custodians and broker-dealers. You bear the credit, operational and insolvency risks of such third parties.</div><div style="text-align:left">18. Regulatory Policy Risk. Regulatory policies regarding real-world asset (RWA) tokenization and tokenized securities are evolving. Future policy changes may result in structural adjustments, mandatory redemption, or termination of the program.</div><div style="text-align:left">19. Delisting or Suspension Risk. If an Underlying Asset is delisted, suspended or halted from trading, the redemption or Conversion of the corresponding Tokens may be delayed, impaired or rendered impossible, and the value of such Tokens may be materially adversely affected.</div><div style="text-align:left">20. Stablecoin Risk. To the extent that redemption proceeds or dividend distributions are made in stablecoins, you bear the risks associated with such stablecoins, including potential loss of peg, issuer risk and regulatory risk.</div><h3 style="text-align:left"><br />Part III — Structural and Service Provider Risks</h3><div style="text-align:left">21. Service Provider Risk. The Token program relies on multiple third-party service providers, including the Token Issuer, custodians, broker-dealers and technology providers. Any failure, negligence, insolvency or misconduct by such providers could adversely affect the Tokens or your interests therein.</div><div style="text-align:left">22. Smart Contract Risk. Smart contracts used for Tokens may contain vulnerabilities, bugs or unforeseen issues that could lead to asset loss, disruption or manipulation. Security audits, if any, do not guarantee the absence of risks.</div><div style="text-align:left">23. Transaction Irreversibility Risk. Blockchain transactions are generally irreversible. Errors or unauthorized transactions may result in permanent loss that cannot be recovered.</div><div style="text-align:left">24. Fork Risk. Blockchain forks may occur. The Token Issuer does not guarantee that Tokens will be supported on all branches of any fork.</div><div style="text-align:left">25. No Deposit Insurance Risk. Tokens are not bank deposits and are not insured by the FDIC, SIPC or any other governmental or private insurance scheme.</div><div style="text-align:left">26. Force Majeure Risk. Neither the Token Issuer nor MEXC shall be liable for any failure or delay due to events beyond reasonable control, including natural disasters, war, terrorism, civil unrest, pandemics, governmental actions, or failures of internet or blockchain infrastructure.</div><div style="text-align:left">27. Third-Party Platform Risk. Unauthorized third-party platforms may reference or purport to support Tokens. The Token Issuer and MEXC are not responsible for any losses arising from the use of such unauthorized platforms.</div><div style="text-align:left">28. Account Freeze Risk. MEXC and the Token Issuer reserve the right to freeze accounts or restrict Token-related operations where they reasonably suspect illegal activities, sanctions violations, fraud, or breaches of these Terms or Platform Rules.</div><div style="text-align:left">29. Program Termination Risk. The Token program may be terminated at any time. In the event of termination, the process and timeline for winding down and redemption may vary and may be subject to regulatory or operational constraints.</div><div style="text-align:left">30. Operational Risk. User errors such as incorrect addresses or improper formatting in connection with Token operations may result in irreversible loss of assets.</div><h2 style="text-align:left">SCHEDULE 4 — U.S. STOCK CONVERSION MECHANISM (SUMMARY)</h2><h3 style="text-align:left">Section 4.1 Nature of Conversion Right</h3><div style="text-align:left">Subject to applicable conditions, Token holders may have the option to apply to convert their Tokens into the corresponding actual U.S.-listed equity securities (the "Underlying Securities") and to have such securities transferred to a qualified U.S. securities brokerage account held in the User's own name (the "Conversion"). Conversion is an optional feature of the Token program, the availability and terms of which are determined by the Token Issuer and may be adjusted, suspended or terminated at any time.</div><div style="text-align:left">The Conversion of Tokens shall be treated as a redemption of the corresponding Tokens, and such Tokens shall be effectively retired upon completion of Conversion. Following Conversion, you will hold the Underlying Securities directly and will no longer have any Token-related rights in respect of the converted amount.</div><h3 style="text-align:left">Section 4.2 General Conditions</h3><div style="text-align:left">Eligibility for Conversion is subject to conditions which may include, without limitation:</div><div style="text-align:left">(a) compliance with applicable KYC/AML and sanctions requirements;</div><div style="text-align:left">(b) the successful opening and maintenance of a qualified U.S. securities brokerage account with a receiving broker-dealer acceptable to the Token Issuer, including completion of all required account opening documentation, identity verification, tax forms (such as IRS Form W-8BEN or equivalent) and other requirements;</div><div style="text-align:left">(c) satisfaction of any minimum conversion amount thresholds;</div><div style="text-align:left">(d) the receiving account being held in the User's own name (third-party accounts are not permitted); and</div><div style="text-align:left">(e) compliance with all Applicable Laws and regulatory requirements in the User's jurisdiction and in the United States.</div><div style="text-align:left">The specific conditions, eligibility criteria and required documentation shall be as set out in the applicable Platform Rules and as may be updated from time to time.</div><h3 style="text-align:left"><br />Section 4.3 Conversion Process Overview</h3><div style="text-align:left">Conversion applications are submitted via the MEXC Platform. The general process typically includes application submission, eligibility review, the locking of Tokens during processing, the transfer of securities, and the retirement of Tokens upon completion. However, the specific steps, processing times, documentation requirements and procedures may vary and shall be as more particularly set out in the applicable Platform Rules and guidance.</div><h3 style="text-align:left"><br />Section 4.4 Fees and Costs</h3><div style="text-align:left">Conversion is subject to fees and costs which may include conversion service fees, securities transfer fees, brokerage fees and any applicable Taxes or duties. All such fees and costs shall be borne by the User. The specific fee structure shall be as published on the MEXC Platform from time to time.</div><h3 style="text-align:left"><br />Section 4.5 Post-Conversion</h3><div style="text-align:left">Upon successful completion of Conversion:</div><div style="text-align:left">(a) you cease to be a Token holder in respect of the converted amount and all Token-related rights terminate in respect thereof;</div><div style="text-align:left">(b) you become the holder of the Underlying Securities directly, subject to the terms and conditions of your receiving broker-dealer and Applicable securities laws; and</div><div style="text-align:left">(c) converted securities cannot be converted back into Tokens through the Token program.</div><h3 style="text-align:left"><br />Section 4.6 Right to Reject, Suspend or Terminate</h3><div style="text-align:left">The Token Issuer and/or MEXC reserve the right to reject any Conversion application, suspend the Conversion service, or terminate the Conversion feature entirely, at any time and for any reason, including but not limited to: non-compliance with conditions, regulatory changes, market disruptions, operational constraints, or suspected illegal activity.</div><h3 style="text-align:left"><br />Section 4.7 Tax Considerations</h3><div style="text-align:left">Converting Tokens into actual equity securities may have tax implications in your jurisdiction and/or in the United States. You should consult your own tax, legal and accounting advisors regarding the tax consequences of Conversion. Neither the Token Issuer nor MEXC provides tax, legal or accounting advice.</div><h3 style="text-align:left"><br />Section 4.8 Further Information</h3><div style="text-align:left">This Schedule provides only a general summary of the Conversion feature. The detailed rules, procedures, requirements, fees, processing timelines and applicable terms for Conversion shall be as set out in the applicable Platform Rules, announcements and guidance published on the MEXC Platform from time to time. If you have any questions regarding Conversion, please contact MEXC customer support for assistance.</div></div>