Confirmation and Consent Document

Confirmation and Consent Document:

By filling-in the Application form and submitting your data to BluOr Bank AS, you confirm that:

• You have specified the data correctly, the information provided in the Application form is complete and true, and you are aware of the liability for providing false information under the applicable Law;

• You wish to use the services provided by the Bank in accordance with the Terms and Conditions of the Deposit Agreement, hereinafter — Terms and Conditions of the Agreement, and the General Terms of Business, which you have read and undertake to comply with;

• Prior to submitting the Application to the Bank, you have read the Additional information on remote signing of the agreement, the Bank Pricelist, and the user manual for the iOS / Android authentication, and you understand, accept and undertake to follow the mentioned documents. You are aware that all the above-mentioned documents approved by the Bank and amendments thereto are available at the Bank’s website www.bluorbank.lv or at the Client Service Centre;

• You are aware that the Bank processes personal data of individuals in accordance with the applicable data protection laws and regulations of the Republic of Latvia and the European Union, as well as the General Terms of Business, and the Bank’s Personal Data Processing Policy. Purpose of data processing: Receiving deposit services, carrying out client due diligence, and ensuring compliance with international and national sanction requirements. Detailed information on the Bank's Personal Data Processing Policy is available here;

• You are aware of the risks associated with the use of e-mail, and the Bank has informed you of the potential risks and explained their consequences, and this information is comprehensible to you;

• You have been familiarized with information on the deposit guarantee scheme, the amount and currency of the guaranteed compensation, the procedure and term for payment of the guaranteed compensation, the possibility of netting of claims obligations, and the contact details of the managing authority of the deposit guarantee fund (Financial and Capital Market Commission) available here;

• The services provided by the Bank will not be used for transactions related to criminal activities/assets, or violating sanctions/restrictions set by international organizations or individual countries, or transactions related to circumvention of transaction restrictions;

• You are the true and actual owner of the funds in your accounts, and you no not intend to carry out transactions in the interests or for the benefit of third parties;

• You have read the definitions and explanations.

* States person — A person meeting at least one of the following criteria:

1) The individual has citizenship or a valid residence permit (Green Card) in the U.S.;

2) The individual’s tax residence country is the U.S.;

3) The individual was born in the U.S.;

4) The legal entity has a phone number with a U.S. country code;

5) The legal entity is registered in the U.S.;

6) The residential or correspondence address of the individual is in the U.S. (including a P.O. Box in the U.S.);

7) A Power of Attorney has been issued to an individual/legal entity with an address in the U.S.

** Politically exposed person (PEP):

1) a person, who in the Republic of Latvia, other member country or third country holds or has held a prominent public office, including a higher official of the public authority, the Head of the State administrative unit (local government), the Head of the Government, the Minister (the Deputy Minister or the Deputy of the Deputy Minister if there is such an office in the relevant country), the State Secretary or other official of high level in the government or State administrative unit (local government), a Member of Parliament or a member of similar legislation entity, a member of the management entity (board) of the political party, a Judge of the Constitutional Court, a Judge of the Supreme Court or of the court of other level (a member of the court authority), a council or board member of the Supreme Audit Institution, a council or board member of the Central Bank, an ambassador, a chargé d'affaires, a high-ranking officer of the armed forces, a council or board member of a State capital company, a Head (a director, a deputy director) and a Board member of an international organization, or a person who holds equal position in such organization.

2) Family member of a Politically exposed person:

a) Spouse or equivalent. A person is considered an equivalent of a spouse only if the laws of the relevant state provide for such status;

b) Child, child of a spouse or equivalent, or their spouse or equivalent;

c) Parent, grandparent or grandchild;

d) Brother or sister.

3) Close associate of a PEP — an individual known to have business or other close ties to one of the aforementioned, to be a stockholder or shareholder in the same corporation as one of the aforementioned, or an individual that is the sole owner of a legal entity known to have been established for the actual benefit of one of the aforementioned.

*** The specified data will be used to issue the authentication token.