1. Purpose of this disclosure

This disclosure summarizes material risks associated with financial instruments, digital assets, leveraged trading, staking, fixed-term products, and use of the Odeon Kapitals platform. It cannot describe every risk or predict how risks may combine.

Trading is not suitable for everyone. You may lose some or all of the capital committed to a product, and losses in leveraged positions can develop rapidly.

2. Suitability and personal circumstances

Before using a product, consider:

• Your financial situation, objectives, knowledge, and experience
• The amount you can afford to lose without affecting essential needs
• Whether you understand the instrument, order, leverage, term, and exit conditions
• The time available to monitor positions and respond to market events
• Whether independent financial, legal, or tax advice is appropriate

Platform information and analytics are not a personal recommendation or guarantee of suitability.

3. Market and volatility risk

Prices may change quickly, unpredictably, and outside normal expectations because of economic data, interest rates, issuer events, regulation, geopolitical events, market sentiment, technology failures, or concentrated trading activity.

Consequences may include:

• Rapid or complete loss of a position's value
• Price gaps with no opportunity to transact at an intermediate price
• Correlations changing during stress
• Historical performance or models failing to predict future outcomes
• Orders executing at a price different from the displayed or expected price

4. Liquidity and execution risk

An instrument may have limited buyers, sellers, market depth, or provider coverage. During volatile or illiquid conditions, an order may be delayed, rejected, partially completed, or completed with slippage.

Stop, limit, and risk-control instructions do not guarantee an execution price. Market closure, suspension, provider disruption, or price gaps may prevent a position from being opened or closed when intended.

5. Leverage and margin risk

Leverage magnifies market exposure relative to committed capital. A small adverse movement may produce a significant loss, reduce available margin, trigger automatic position reduction, or close positions without further instruction.

Margin requirements and risk thresholds may change with market conditions. Maintaining a position may require additional available funds, and liquidation can occur during rapid movement before a user can respond.

6. Instrument-specific risks

6.1 Stocks and exchange-traded products

Risks include issuer performance, corporate actions, sector concentration, suspension, delisting, dividend changes, tracking error, and limited after-hours liquidity.

6.2 Foreign exchange

Currency prices are affected by interest rates, central-bank action, political events, capital controls, and differing market sessions. Weekend gaps, rollover, and conversion exposure may affect results.

6.3 Digital assets

Digital assets may experience extreme volatility, fragmented liquidity, protocol changes, custody or provider failures, cyber incidents, forks, network congestion, market manipulation, and rapidly changing legal treatment. Consumer protections may be limited.

6.4 Commodities

Commodity prices may react to weather, storage, transport, geopolitics, supply disruptions, seasonality, and derivatives-market conditions.

7. Operational, technology, and security risk

Platform access may be interrupted or degraded by maintenance, internet connectivity, user devices, software defects, provider outages, cyber events, market-data errors, or unusually high activity.

Account takeover, phishing, credential reuse, compromised devices, and loss of authentication access can cause unauthorized activity. Use a unique password, consider enabling multi-factor authentication, and verify communications before acting.

8. Funding, currency, and counterparty risk

Bank transfers, withdrawals, conversions, and settlement depend on financial institutions, payment providers, verification, cut-off times, and reconciliation. Funds may be delayed, returned, restricted, or converted at a different rate than expected.

Reliance on a bank, market-data provider, infrastructure provider, protocol, issuer, or other third party creates counterparty and service-continuity risk.

9. Staking and fixed-term product risk

Staking and fixed-term products can involve:

• Lock, maturity, and unbonding periods during which assets are unavailable
• Variable rates or rewards that differ from projections
• Protocol, validator, slashing, provider, and smart-contract risks
• Market loss while an asset cannot be sold
• Early-exit restrictions or loss of accrued benefits
• Tax and legal treatment that varies by jurisdiction

An advertised or calculated annual percentage yield is not a guarantee of actual return.

10. Costs and performance

Spreads, commissions, financing, conversion, network, or product charges can reduce returns. Review the costs displayed for an instrument, transaction, or product before confirming it.

Portfolio values and performance figures may include unrealized amounts, delayed prices, estimates, or illustrative history. They should not be treated as guaranteed liquidation proceeds or future performance.

11. Risk-management considerations

Risk cannot be removed, but you may reduce avoidable exposure by:

• Understanding a product before committing funds
• Using position sizes consistent with your risk capacity
• Avoiding excessive leverage and concentration
• Reviewing available cash, reserved funds, and open exposure
• Monitoring positions and account notifications
• Maintaining secure credentials and current contact information
• Keeping independent records and seeking advice when uncertain

No control, diversification method, stop instruction, or monitoring practice guarantees against loss.

12. Acknowledgment

By accepting this disclosure, you acknowledge that:

• You have reviewed the material risk categories described above
• Trading and yield products can result in substantial or complete loss
• Past or simulated performance does not predict future results
• You are responsible for your instructions and product selections
• You will not use funds that you cannot afford to place at risk
• You will seek independent advice if you do not understand a product or risk