Terms and Conditions

Last updated: 28.09.2026

Which Investclub company you deal with

Customers resident in the United States: the US Schedule contains an ARBITRATION AGREEMENT, a CLASS ACTION WAIVER and a JURY TRIAL WAIVER. They affect how disputes are resolved. You may opt out within 30 days. Please read clause US3.

GENERAL TERMS AND CONDITIONS

of the contracts concluded with Investclub through investclub.co

1. Introduction

These general terms and conditions govern the relations between the Investclub company specified in clause 2 for the country in which You live ("We/Us" or "Investclub") and our customers ("You" or the "Customer") in the provision of services and the sale of educational materials through Our website - www.investclub.co, including the customer account and the learning area in which the Products are delivered (the "Website").

If You purchase a Product, the terms set out in the confirmation of Your Order, these general terms and conditions and, if You pay under a Payment Plan, the Payment Plan agreement together constitute the Contract between You and Us (together referred to as the "Parties").

The general terms and conditions also apply to and govern the relations between Investclub and You where You receive free access to Our products.

1A. How the documents fit together

1A.1. The Contract for a Product consists of the confirmation of Your Order, these general terms and conditions and, if You pay under a Payment Plan, the Payment Plan agreement. There is no separate sales contract. You accept these documents at checkout by ticking a box or pressing a button which states that You accept them (clause 8.2). No signature is required.

1A.2. If the documents which make up the Contract conflict, the more specific document prevails. Nothing in any of them reduces Your statutory rights or the 14-Day Money-Back Guarantee under clause 10. Your refund rights are in clauses 10, 10A and 10.5.

1A.3. These general terms and conditions consist of clauses 1 to 23, the US Schedule and the UK Schedule. Only the schedule for the country in which You live applies to You. If that schedule and clauses 1 to 23 say different things, the schedule prevails.

1A.4. The privacy policy and the cookie notice are information notices and not contract terms. We will send You a copy of these general terms and conditions in a durable form (for example by email) when You place an Order.

2. Information about Investclub

Investclub is the company with which You deal. This depends on the country in which You live.

Customers resident in the United Kingdom deal with:

Name

Investclub EOOD

Legal form

Single-member limited liability company registered in Bulgaria. It has no establishment in the United Kingdom.

Company number (EIK)

203206527

Registered office address

Sofia, postal code 1000, Triaditsa district, 34 Alabin I. Vl. St., Bulgaria

Email

[email protected]

Telephone

[UK telephone number]

VAT number

BG203206527

Customers resident in the United States deal with Investclub International Inc., a Delaware corporation, at the address shown in the table above. Email: [email protected]. Telephone: [US telephone number].

Requests under the 14-Day Money-Back Guarantee (both companies): [email protected]. Privacy questions (both companies): [email protected].

2A. Eligibility and where We operate

2A.1. To create a customer account or place an Order You must:

• be 18 or over
• be a Consumer (see clause 10.4); businesses may purchase only under a separate written agreement with Us
• live in the United States, other than any state shown as unavailable at checkout, or in the United Kingdom

2A.2. The Products are offered only in those territories. The Website may be visible elsewhere, but that is not an offer to sell, and We may use technical measures to limit access by location. We may reject or cancel an Order which comes from a location where the Products are not available, and We will then refund in full everything You paid. If We add a country later, We will add a schedule for it.

3. Products offered by Investclub

Investclub is a financial-education company which offers various educational services, including courses, seminars, mentoring, individual educational programmes and others, available on request (on-demand) or live, as well as educational materials, including digital books (the "Products"), by electronic means.

A "Programme" is any educational programme, course or membership which You buy from Us, including Our 12-month programmes about personal investing and trading, shorter courses and ongoing memberships for graduates. The Products are exclusively online, non-credit, for adults and for personal interest. Our 12-month programmes include recorded modules unlocked progressively month by month, about four live group sessions a month, an introductory package in the first weeks, and education support from course tutors who explain the course material. The description, duration and price of each Product are on the product page and in the Order confirmation. The 14-Day Money-Back Guarantee (clause 10) applies to every Programme. The End-of-Programme Satisfaction Guarantee (clause 10A) applies to 12-month programmes unless the product page says otherwise.

Additional information about the Products offered by Us, including their description, duration and price, can be found on Our Website.

Investclub may also prepare individual educational programmes with selected content and sell digital educational materials. We will inform You individually of such offers, including by providing You with a description of their terms and price.

3A. Education only

This clause is important. Please read it carefully.

3A.1. Investclub is a financial-education company. The Website and the Products provide general education about personal investing and financial markets, for personal interest and for education only.

3A.2. We do not give investment, financial, tax or legal advice, and We do not give personal recommendations. We do not tell You what to buy, sell or hold, or when. We do not provide trading signals, tips, portfolios to copy or copy-trading, and We do not manage money. Tutors and staff explain the course material. They will not comment on Your personal portfolio or tell You what to do with Your money.

3A.3. Investclub is not an investment adviser, a broker-dealer or a financial planner. It is not registered with the US Securities and Exchange Commission or any US state securities regulator, and it is not authorised or regulated by the UK Financial Conduct Authority (FCA). We do not owe You the duties which a regulated adviser owes a client.

3A.4. You alone decide whether and how to invest. Before You make a financial decision, consider Your own circumstances and consider speaking to a suitably regulated professional. Any example, case study, chart or mention of a specific instrument, market, platform or strategy is illustrative and is there to explain a concept. It is not a suggestion to trade or invest. Past performance is not a guide to future performance.

3A.5. Investing involves risk. You can lose some or all of the money You invest, and with some products more than the amount You put in.

3A.6. We do not promise or guarantee any result, profit or return from the Products. Testimonials and results described by other people are their individual experiences. They are not typical and are not a forecast of what You will achieve.

3A.7. The Products are for personal interest and personal enrichment. They are non-credit. They do not lead to any degree, academic credit, licence, credential or professional qualification, and they are not designed to prepare You for any occupation or to produce any employment or earnings outcome. Any certificate of completion is for Your personal records only.

3A.8. Our instructors, tutors and staff may hold positions in instruments discussed in the Products and may buy or sell them at any time without notice. We take reasonable care to keep educational content accurate and current, but markets, products, laws and tax rules change and content may become out of date. Nothing in this clause 3A limits any right You have under the law or under the schedule for Your country.

4. Placing an Order and conclusion of a Contract

4.1. The Customer may place an Order for the purchase of a Product available on the Website by pressing the "Buy" button and following the steps for completing and sending the Order, including payment of the price of the Product.

4.2. An Order for the purchase of Products offered individually to the Customer is placed by accessing a special link containing the terms of the offer, pressing the "Buy" button and following the steps for completing and sending the Order, including payment of the price of the offer. We will send You the link containing the terms of the individual offer by email or another method specified by You. This includes an Order for the Programme agreed with Our sales team by telephone or video call, which You then place at checkout in the same way.

4.3. Before all the steps for placing an Order have been completed, the Customer is not bound to purchase the relevant Product, and the uncompleted Order is saved in the "Cart" section of Your customer account.

4.4. Upon acceptance of a customer Order, We will send You a written confirmation summarising the terms of the Order by email, SMS, WhatsApp or another method specified by You, and the purchased Products will become accessible in Your customer account on the Website. The confirmations of Your Orders will also be accessible in the "Purchase history" section of Your customer account.

Upon receipt of the confirmation of Your Order in the manner specified above, the Contract between Investclub and the Customer shall be deemed to be concluded.

4.5. Investclub has the right to refuse to accept (to reject) an Order placed by the Customer in the following cases:

• unsuccessful execution of the Customer's payment transaction in the case of online payment, regardless of the reason
• unsuccessful conclusion of a financing contract with a third-party finance provider under clause 5A.5, in the case of purchase of a Product with deferred payment, non-receipt of funds in an account of Investclub or another obstacle to the establishment of relations between the Customer and that finance provider in connection with an Order for the purchase of a Product with deferred payment
• provision by the Customer of incomplete and/or inaccurate data
• the Customer does not meet the conditions in clause 2A
• breach by the Customer of the rules for use of the Products and/or the Website or breach of other obligations of the Customer under these general terms and conditions
• the ordered Product is not available at the time of verification of the Order received
• immediate performance of the Order is not possible for technical reasons and/or reasons beyond Our control

Investclub will notify the Customer of any rejection of an Order placed. In the event of rejection of an Order placed, no obligations arise for the Parties in connection with that Order, and neither Party has the right to demand performance or to seek compensation from the other Party in connection with the Order. If the Customer has successfully paid the price for the Product, we are obliged to refund the amount paid promptly and in any event within any period required by law.

4.6. Upon receipt of free access to Our Product, the Customer shall be deemed to be bound by these general terms and conditions from the moment at which the Product becomes accessible in the Customer's account on the Website.

5. Prices of Products and payment

5.1. The prices of the Products announced on the Website are shown in US dollars or pounds sterling and include VAT or sales tax (where applicable). The total price is shown at checkout before You pay. Investclub may include Products announced on the Website in promotions and other campaigns related to reductions of their prices. In these cases, Investclub will indicate the reductions in accordance with the applicable legislation.

5.2. The prices of individual educational offers to Customers are individually agreed with the relevant customer and include VAT (where applicable).

5.3. The methods of payment of the price of the Products accepted by Investclub are specified on the Website and include online payment by card through third-party payment providers and payment in instalments under a Payment Plan in accordance with clause 5A. When making payments, the Customer is obliged to comply with the terms applicable to the method of payment chosen by the Customer and to the Customer's relations with the provider of the relevant service.

5.4. For a payment made, Investclub issues a receipt in accordance with the requirements of the applicable legislation.

At the Customer's request, Investclub will issue an invoice for the purchased Products on the basis of information provided by the Customer when placing the Order. In these cases the Customer is obliged to provide all the information necessary for the issue of the invoice in accordance with the applicable legislation.

The documents issued in connection with purchased Products are available for viewing and downloading in electronic format in the "Purchase history" section of the Customer's account on the Website.

5A. Payment Plans

5A.1. Where We offer it, You may pay the price of the Programme to Investclub in instalments (a "Payment Plan"). Our Payment Plan is interest-free. There are no fees, no interest and no charges for using it, other than any late payment fee under clause 5A.3, and the total You pay is the same as the price shown at checkout.

5A.2. The number, amounts and dates of Your instalments are shown at checkout and in Your Payment Plan agreement. You authorise Us to collect each instalment from Your payment method on its due date. You may pay early at any time at no cost.

5A.3. If You miss a payment:

• We may try the payment again
• if the payment is still unpaid, We send You a written notice by email stating the amount due
• You have 30 days from the date of that notice to pay the overdue amount or to agree a new schedule with Us
• if the overdue amount is still unpaid at the end of the 30 days, We may suspend Your access to the Products until it is paid

The term of the Programme keeps running during a suspension, and We keep the right to recover unpaid instalments. Where the law of Your state permits, We may charge a late payment fee as stated in Your Payment Plan agreement. No interest or late charges apply to Our UK Payment Plan.

5A.4. If You are having difficulty paying, please tell Us early and We may discuss options with You.

5A.5. We may make finance from an independent third-party finance provider available at checkout. If You choose it, Your credit agreement is with the finance provider and not with Investclub, and the provider's terms, including any interest, fees and consequences of missed payments, apply to it. The provider makes its own lending decision, and We give no view on whether credit is suitable for You. Investclub receives no commission or other payment from any lender.

5A.6. If a refund is due to You and You used third-party finance, We may pay the refund to the finance provider to reduce or settle Your credit agreement, as that agreement requires.

5A.7. In the United States, Our own Payment Plan is a deposit plus the monthly instalments stated in Your Payment Plan agreement. A plan of more than four instalments is documented in a retail instalment agreement which includes the disclosures required by the federal Truth in Lending Act. In the United Kingdom, Our own Payment Plan is the monthly instalments stated in Your Payment Plan agreement.

6. Access to the Products

6.1. After receiving confirmation of the Order, the Customer will receive access to the purchased Products in the "My courses" section of the Customer's customer account.

6.2. Investclub grants Customers a right of access to the Products offered on request (on-demand) for the period stated in the description of the relevant Product. For a Programme, that period is the term stated on the product page and in the Order confirmation; for a 12-month programme it is 12 months from the day on which access is first made available to the Customer.

Nevertheless, in certain cases, access to some or all of the Products offered by Us may be temporarily restricted or completely discontinued, and Investclub will not be liable for the restriction or discontinuation of access to Products in the following cases:

• lack of suitable technical equipment and/or internet connection on the part of the Customer
• technical malfunction, cyber attack or other unplanned or unforeseeable event (including natural disasters, wars and other force majeure circumstances) related to the network and information systems used by Us, which has an adverse effect on the access to and availability of the Website or certain sections of it
• maintenance, updating or improvement of the functionality of the Website or certain sections of it
• breach of the rules for use of the Products and/or the Website or breach of other obligations of the Customer under these general terms and conditions
• termination of the Contract between Investclub and the Customer

6.2A. Where access is restricted for a reason on Our side, We will restore it as soon as We reasonably can. Clause 6.2 does not affect Your statutory rights or the schedule for Your country.

6.3. Where certain Products are provided, including free of charge, only upon fulfilment of certain conditions, Investclub will be obliged to provide the Customer with access to the Products only after the Customer has fulfilled those conditions, including having provided the necessary information and/or documents, in accordance with the description of the conditions for access to the relevant Product on the Website.

6.4. Where access to certain Products is provided only through their live broadcast and/or their transmission for a limited period of time, the Customer will be responsible for accessing the relevant Product within the period in which this is possible, and Investclub will not be liable for any missed opportunity on the part of the Customer to access such a Product. In the event of a change in the period of availability of a given Product, Investclub will publish information on the Website about this circumstance in a timely manner and may offer alternative options and/or times for access to the Product, where this is possible. Schedules of live sessions may change.

6A. Memberships and subscriptions

6A.1. A membership renews automatically at the interval and price shown at purchase until it is cancelled. You may cancel at any time online in Your customer account, with effect from the end of the current period. We send any reminders which the law requires.

6A.2. Customers resident in the United States: Your consent to automatic renewal is in clause US11 of the US Schedule. Customers resident in the United Kingdom: the 14-day right under clause 10 applies to the first period of a membership only.

7. Intellectual property

7.1. The intellectual property rights in all written, visual, audio and video materials, presentations, graphics, illustrations and any other resources forming part of a given Product and/or located on the Website (including the available databases) are subject to protection under the applicable legislation in the field of the protection of intellectual property and belong to Investclub or to another person cited as the source or holder of intellectual property rights.

7.2. The Customer may not use the intellectual property items under the preceding clause for a purpose other than the Customer's own training and/or information, and - without the express consent of Investclub or the relevant holder of the intellectual property right - may not copy, reproduce, alter, delete, publish, distribute, disclose or otherwise process the intellectual property items under the preceding clause. The Customer may take notes for the Customer's own study and may quote short extracts in an honest review or commentary, as the law allows.

7.3. In the event of breach of the Customer's obligations under the preceding clause, as well as in the event of any other infringement of the intellectual property rights in the intellectual property items of Investclub, We will respond in proportion to what happened. We will usually first ask the Customer to stop and to remove the material. For a serious or repeated breach, such as reselling access or publishing course videos, We may apply the measures in clause 9. We do not charge penalties or fixed sums. We may ask a court for an order to stop the infringement and for compensation for the loss which We can show it caused.

8. Rules for access to the Website and use of the Products

8.1. Access to the Website for the purpose of viewing the materials published by Us, obtaining information about the characteristics of the Products and purchasing them is permitted for every Customer or potential Customer.

8.2. In order to place Orders and to access all the content intended for Customers, it is necessary to create a customer account by completing a registration form and agreeing to the application of the general terms and conditions. The Customer is also asked to confirm having read the privacy policy of Investclub, which is an information notice and not a contract term.

Notwithstanding the above, clauses 7 to 9 of these general terms and conditions will apply to any access to and use of the Website even without registration having been carried out, or respectively without You having logged into Your customer account. By using the Website, you confirm that you accept the said terms of use and that you agree to comply with them. If you do not agree to the application of the said terms of use, you must not access or otherwise use the Website. Your purchase, the refund terms in clauses 10, 10A and 10.5 and, for Customers resident in the United States, the arbitration agreement in clause US3 are accepted by ticking a box or pressing a button which states that You accept these general terms and conditions, when You register a customer account and again when You place an Order.

8.3. The Customer is obliged not to misuse the Website and its functionalities. Misuse is the use of the Website for purposes other than those expressly permitted by Us, including, but not limited to, the following actions, which are prohibited:

• failure to comply with the obligations to pay for a purchased Product or with other obligations of Yours towards Us
• placing Orders for purposes other than the purchase of Products
• provision of false, inaccurate or out-of-date information when creating a customer account, including stating a false identity in any manner whatsoever (for example by using another person's email address, name, pseudonym or otherwise)
• creation of several customer accounts by one and the same natural or legal person;
• failure to keep the login details for a customer account confidential
• taking actions which are unlawful, immoral, contrary to public order, or other acts or omissions which breach the applicable laws
• an attempt to interfere with the operation of the hosting servers or the Website in any manner whatsoever, including the use of external software which may affect and/or disrupt the normal operation of the Website
• appropriating, copying, decompiling or attempting to discover the source code of the Website or its content
• the use of any robot, algorithm or other automated means for reading the source code or for extracting data from the Website
• an attempt to test or scan the vulnerability of any system of the Website, or access to servers or services of the site which are not public
• publication of content which glorifies, promotes, encourages or incites terrorism, racism, xenophobia, homophobia, sexism, hate speech, discrimination, human trafficking, organised crime, illegal organisations, self-harm, suicide, torture, cruelty to humans and animals, justification of war crimes, sexual exploitation of children and/or adults, cultures or other illegal content
• harassing, bullying, threatening or abusing any person, including other Customers, lecturers and Our employees, or publishing obscene or unlawful content
• collecting personal data about other users, sending them unsolicited promotions, or using the Website or the Products for any commercial purpose
• use of the Website for any unlawful or unauthorised purposes, as well as any other conduct or activity which could reasonably harm Us, other Customers and potential Customers or third parties

8.3A. Nothing in these general terms and conditions prevents You from giving Your honest opinion about Investclub, Our Products or Our people, including a critical opinion, anywhere and in any form. See clause 8.5.

8.4. Investclub is not liable for any damage suffered by You as a result of Your own prohibited use of the Website.

8.5. The Customer has the right to publish reviews of the Products which the Customer has purchased or to which the Customer has received free access. The reviews are published on the Website under the user name used by the Customer.

The Customer is obliged to publish only reviews based on the Customer's personal impressions from the use of a given Product for its intended purpose.

The Customer may publish a review from the moment at which a given Product has become accessible in the "My courses" section of the Customer's customer account. The Customer may also be asked by Us to give a review of a purchased Product by means of a pop-up message or a telephone call.

Investclub takes reasonable and proportionate steps to check that the reviews published on the Website are genuine.

Investclub publishes all reviews which comply with the rules of use of the Website specified in clause 8.3 above, whether they are positive or critical. We do not suppress, hide or edit negative reviews. Reviews will be removed from the Website, or not published, only if they are unlawful, abusive, fake, unrelated to Investclub or contain another person's personal data. We apply this in the same way to positive and negative reviews.

8.5A. Honest reviews are welcome, including critical ones. You are free to review Investclub and Our Products on the Website or on any other site or platform. A review must reflect Your own genuine experience. You must not publish a fake review, a review of a Product You have not used, or a review on behalf of someone else.

8.5B. If You received anything of value in connection with a review, such as a discount, a gift or a payment, or if You have a connection with Investclub, such as being an employee, contractor, affiliate, friend or relative of staff, You must say so clearly in the review. We do not offer incentives which depend on a review being positive.

8.5C. We will not use Your review, name, image, voice or story as a testimonial in Our marketing unless You have signed a separate written release. You may refuse, and refusing has no effect on Your access to the Products.

8.6. For additional information, assistance, questions, complaints and/or grievances, Customers may contact our representative by email to [email protected] and/or the other means of contacting Us specified in the "Contact" section of the Website. Investclub will consider every customer enquiry, complaint or grievance and respond as soon as reasonably practicable.

8A. Interactive features and community

8A.1. This clause applies to the Website (including Your customer account area, progress tools, materials, live-session scheduling and question-and-answer features), live-session tools such as Zoom including their chat, and any community space We run on a third-party service such as Discord (the "Interactive Features"). Clauses 8 and 9 also apply to them. "User Content" means anything You post, upload or say in the Interactive Features, and any review You submit to Us.

8A.2. The Interactive Features exist so that Customers can discuss the course material. To keep them educational, You must not use them to:

• post trading signals, tips, "buy" or "sell" calls, or recommendations about specific instruments
• offer, arrange or promote copy-trading, managed accounts, pooled investments or paid groups
• solicit other members for money, investments, loans, business opportunities or any product or service
• promote any financial product, broker, exchange, trading platform, app or course, or post affiliate or referral links
• ask tutors or staff for a personal recommendation, or present Yourself as an adviser

8A.3. You may discuss concepts, ask questions about the material and share Your learning experience in general terms. Please do not share details of Your personal finances.

8A.4. Tutors and staff never give personal recommendations, in the Interactive Features or anywhere else. Anything they say is general education. A private message from someone claiming to be from Investclub who offers to trade for You, manage Your money or sell You an investment is not from Us. Do not respond, and report it to [email protected].

8A.5. What other members post is their own opinion. It is not checked or endorsed by Investclub and it is not advice. Other members can see what You post, including Your display name, and posts in live sessions may appear in recordings.

8A.6. You own Your User Content. You give Investclub a non-exclusive, royalty-free licence to host, store, display, reproduce and format it, limited to what is needed to operate the Interactive Features and the Products, including session recordings. The licence ends when Your User Content is deleted, except for recordings already made and routine backups. You confirm that You have the right to post Your User Content. We will not use it in marketing without Your separate written release (clause 8.5C).

8A.7. We may moderate the Interactive Features but We do not promise to review every post. We may remove or hide User Content which breaks these general terms and conditions or the law and, for a serious or repeated breach, mute You, remove You from the Interactive Features or apply the measures in clause 9. Removal from a community space does not by itself affect Your access to the modules and live sessions. We do not remove User Content merely because it is critical of Investclub.

8A.8. Report content which concerns You to [email protected] or with the reporting tool in the feature. Copyright complaints in the United States follow clause US7. If an Interactive Feature runs on a third-party service, that service's own terms, community rules and privacy notice also apply. Joining it is optional and is not needed to complete the Programme.

9. Measures in the event of breach of the rules for access to the Website and use of the Products

9.1. If a Customer or potential Customer breaches applicable provisions of these general terms and conditions and/or the applicable legislation when using the Website and/or the Products, Investclub has the right to apply one or more of the following measures:

• suspension of access to or closure of a customer account, or restriction in any other manner whatsoever of access to the Website or to individual functionalities of it (for example in the case of repeated or serious breaches of the rules of use, such as provision of false information when creating an account, or use of the personal data of another person)
• restriction or suspension of a user's access to placing Orders (for example in the case of frequent placing of false/invalid Orders, including Orders which are rejected)
• restriction of a user's access to some of the accepted methods of payment (for example in the case of placing multiple Orders for which the chosen method of payment cannot be successfully applied)
• suspension of the visibility of, or deletion of, reviews, comments, questions or other published information (for example, if they are unlawful, abusive or fake, and never merely because they are critical of Investclub)
• suspension of a user's ability to write reviews, comments, questions or other communication (for example in the case of repeated misuse of the Website and/or breaches of these general terms and conditions)
• termination of the Contract with a Customer at the initiative of Investclub, only for a serious or repeated breach and in accordance with clause 9.1A

9.1A. Before We suspend or close a customer account or terminate the Contract, We will tell You in writing what the problem is and, where it is reasonable, give You a reasonable opportunity to put it right. We may act sooner, with notice at the time, only where that is reasonably necessary to protect other users, Our staff, the Website or Our content. We may terminate the Contract only for a serious breach (for example reselling access, publishing course content, harassing others or attacking the Website) or for a breach repeated after Our warning. Your access to the Products ends on termination.

9.2. The choice and application of a given measure specified in clause 9.1 will be made at Investclub's own discretion, and in every case we will strive for the chosen measure to be appropriate and proportionate to the breach/non-performance of the relevant user and the circumstances known to us, including by taking into account factors such as the frequency and number of the breaches, the gravity of the breach and the apparent intentions of the offender.

9.3. Investclub will notify a given user of the application of any of the measures specified in clause 9.1 before its application or, where clause 9.1A allows Us to act sooner, at the time of its application.

9.4. The application of one or more of the measures specified in clause 9.1 above does not limit the right of Investclub to exercise any of its other rights provided for in these general terms and conditions or the applicable legislation.

Investclub reserves the right to seek from any offender compensation for the loss which the law allows Us to recover and which was caused by the culpable conduct of the relevant offender. We do not charge penalties or fixed sums. An indemnity is given only under the US Schedule and never applies to Customers resident in the United Kingdom.

10. 14-Day Money-Back Guarantee and right of withdrawal of Customers who are Consumers

10.1. Every Customer has the right, without owing compensation or a penalty and without stating a reason, to withdraw from the Contract concluded within a period of 14 days after the day of conclusion of this Contract in accordance with clause 4.4 (the "14-Day Money-Back Guarantee"), by means of the form on the Website, the model cancellation form in clause UK3.7 of the UK Schedule or another written notification sent to [email protected] and/or the other means of contacting Us specified in the "Contact" section of the Website. Any clear statement that You want to cancel is enough.

For Customers resident in the United Kingdom, the 14-Day Money-Back Guarantee is also the statutory right of withdrawal (the right to cancel). Information on exercising the right of withdrawal is set out in clause UK3 of the UK Schedule.

10.2. If Investclub has not fulfilled its obligations to provide information laid down in the consumer legislation which applies to the Customer, the Customer has the right to withdraw from the Contract concluded within the extended period which that legislation provides. For Customers resident in the United Kingdom, see clause UK3.1 of the UK Schedule.

10.3. Where a Customer has exercised the right of withdrawal, We will refund all sums paid under the Contract, in full and with no deductions, whatever the reason and whether or not the Customer has started to use the Product, promptly and in any event within any period required by law (for Customers resident in the United Kingdom, see clause UK3.4). The amount will be refunded using the same means of payment used by the Customer in the initial transaction, unless the Customer has given express consent to the use of another means of payment. Any Payment Plan is cancelled.

10.4. This clause applies in respect of all Customers. Under clause 2A all Customers must be Consumers, namely any natural person who acquires goods or uses services which are not intended for carrying out a commercial or professional activity, and any natural person who, as a party to a contract, acts outside the scope of his or her commercial or professional activity.

10.5. After the period under clause 10.1, payments are not refundable except where the law requires it or where Investclub fails to deliver the Programme. If We cancel the Programme or can no longer provide it, We refund the part which We have not provided. Customers whose circumstances change may contact Us, and We will consider requests case by case.

10.6. A refund under this clause 10 or clause 10A is paid to the means of payment used for the purchase, and any Payment Plan is cancelled. Please contact Us before raising a chargeback with Your card issuer; this does not limit Your rights with Your issuer. If You financed the purchase through a third-party finance provider, We will notify the provider and Your credit agreement ends according to the provider's terms (see also clause 5A.6).

10.7. Nothing in these general terms and conditions reduces Your statutory rights. In the United Kingdom, Your remedies under the Consumer Rights Act 2015 are unaffected (clause UK4). In the United States, where the law of Your state requires a larger refund, that law applies.

10A. End-of-Programme Satisfaction Guarantee

10A.1. In addition to the 14-Day Money-Back Guarantee, a Customer who is not satisfied with the Programme at its end may request a full refund of the price paid for the Programme within 7 days after the Programme end date (the "Satisfaction Guarantee").

10A.2. The Satisfaction Guarantee applies only if all of the following conditions are met:

• You attended all live sessions of the Programme or, where You missed a session, took part in the replacement which We offered
• You watched all recorded modules of the Programme
• You did not breach these general terms and conditions
• You submitted the request in writing to [email protected] within 7 days after the Programme end date

10A.3. The Satisfaction Guarantee does not apply where any condition in clause 10A.2 is not met, where the request is received after the 7-day period, or where We reasonably consider that You breached material conditions of the Programme or abused the Website. Our records of attendance and viewing are used to check the conditions.

10A.4. A refund under the Satisfaction Guarantee is paid to the means of payment used for the purchase, promptly and in any event within any period required by law. It ends the Contract and Your access to the Programme. Nothing in this clause reduces Your statutory rights.

11. No exceptions to the right of withdrawal of Customers who are Consumers

The right of withdrawal under clause 10 applies to all the Products offered by Us. Investclub does not rely on any of the exceptions to the right of withdrawal which the law would allow, including the exceptions for services which have been fully provided and for digital content the supply of which has begun.

The Customer may ask to receive access to the purchased Products immediately after receiving confirmation of the Order. The Customer does not lose the right of withdrawal under clause 10 by doing so, or by downloading, watching or otherwise using the purchased Product, or by taking part in live sessions, within the withdrawal period under clause 10.1 above. Where the law requires it, We ask for the Customer's express request for performance to begin within that period (clause UK3.5 of the UK Schedule), but We do not charge for what was provided within it.

12. Commercial communications

12.1. At the moment at which a potential Customer creates an account on the Website, the potential Customer has the opportunity to give consent to receiving commercial communications. Consent is optional and is not a condition of purchase. Refusal to receive commercial communications does not mean automatic withdrawal of the consent given to the conclusion of this Contract.

12.2. Subject to its privacy policy and cookie notice, and only in accordance with the cookie and marketing choices of the relevant Customer or potential Customer, Investclub may monitor, including through the use of suitable software products, the behaviour and interaction of Customers and potential Customers with the Website (for example purchases made, content of the cart and others) for the purposes of preparing analyses of the behaviour of Our Customers and improving the Products offered by Us, as well as for preparing suitable commercial offers for the relevant Customer, and in this connection Investclub may notify the Customer of the availability of Products similar to those purchased or viewed by the Customer, offer the Customer package offers and/or present the Customer with individual offers prepared on the basis of the Customer's preferences.

12.3. The Customer may withdraw consent to receiving Commercial communications at any time by using the unsubscribe link in any marketing email or by contacting Us by email to [email protected] and/or the other means of contacting Us specified in the "Contact" section of the Website.

13. Declarations of the Customer

By accepting these general terms and conditions, the Customer declares, confirms and agrees to the following:

• Declares that the Customer has been informed of the essential information regarding the terms of the Products offered by Us and the Contract
• Declares that the Customer is 18 or over, is a Consumer and lives in the United States or the United Kingdom
• Declares that the Customer has been informed of the 14-Day Money-Back Guarantee and the right of withdrawal under clause 10, including, for Customers resident in the United Kingdom, having had the opportunity to read and take into account the information on exercising the right of withdrawal in the UK Schedule to these general terms and conditions
• Declares that the Customer understands that the Products are education only and are for personal interest; that Investclub is not an investment adviser or a broker-dealer and is not authorised or regulated by the FCA; that the Customer will receive no personal recommendations; that the Products do not lead to any degree, academic credit, licence, credential or professional qualification; and that no financial result is promised
• Declares that the information contained in and presented through the Products is for the purpose of information and education and does not constitute financial, legal, tax or any other form of professional advice; the Customer understands and is aware that the financial markets are unpredictable and involve significant risks, and therefore any investment or financial decision must be taken with care, including after consultation with an independent qualified expert, as the Customer sees fit

Nothing in this clause waives the right of withdrawal under clause 10 or any other statutory right of the Customer.

14. Limitation of liability

14.1. Investclub is not liable for any actions, decisions or results arising from or related to the use of the content of the Products by a Customer. The Products offered by Us are intended for educational purposes only and do not constitute financial, legal, tax or any other form of professional advice. Customers are fully responsible for their own decisions and actions.

14.2. Investclub is not liable for indirect, consequential or other incidental damage arising from or in connection with the use of the Products by the Customer, including, but not limited to, loss of profits, loss of business opportunities or any other financial loss, even if you have notified us of the risk of such damage occurring.

14.4. Investclub is not liable for any actions, omissions or statements whatsoever made by third parties, including, but not limited to, other Customers, external websites, sources or institutions to which reference may be made or which may be mentioned within a given Product.

14.5. Nothing in these general terms and conditions limits or excludes the liability of Investclub for death or personal injury, for fraud, or for damage caused intentionally or through gross negligence, or any other liability which cannot lawfully be limited or excluded. Nothing in these general terms and conditions takes away rights which the consumer law of Your country or state gives You.

14.6. We will provide the Products with reasonable care and skill. The detailed position on Our liability to You depends on where You live and is set out in clause US4 of the US Schedule and clause UK6 of the UK Schedule. Clauses 14.1 to 14.4 apply only to the extent that the schedule for Your country allows, and any financial limit on Our liability is set out only in that schedule.

15. Privacy policy

Investclub processes Your personal data in accordance with its privacy policy, which is available on the Website.

15A. Recording of calls and live sessions

15A.1. Live sessions may be recorded and the recordings may be made available to other Customers. They may capture Your name, voice, image and chat messages if You choose to take part with Your camera or microphone on or to use the chat.

15A.2. Sales and support calls may be recorded and analysed, including with AI tools, for quality, training and compliance. We tell You at the start of a call if it is being recorded. If You do not want to be recorded, tell Us, and You may contact Us by email instead.

15A.3. The privacy policy gives the details, including how long recordings are kept.

16. Partial invalidity

If a given provision of these general terms and conditions proves to be wholly or partly invalid or unenforceable, this will not affect the validity and enforceability of all the other provisions of the Contract between Us and You. For Customers resident in the United States, the special rule for the class action waiver is in clause US3.12 of the US Schedule.

17. Amendment of the general terms and conditions

17.1. Investclub will notify You of any amendment to these general terms and conditions a reasonable time before it takes effect, at the email address, telephone number or correspondence address specified on Your registration on the Website and/or by means of a message to Your customer account on the Website.

17.2. If the Customer does not accept an amendment to the general terms and conditions, the Customer may either continue under the general terms and conditions in force before the amendment for the rest of the current Programme, or end the Contract for the future, without stating a reason and without owing compensation or a penalty, and receive a proportionate refund for the part of the Programme not yet provided.

17.3. The Customer may exercise the right under clause 17.2 by sending a written notification to Us by email to [email protected] and/or the other means of contacting Us specified in the "Contact" section of the Website within one month of receiving the message under clause 17.1, except where the amendment to the general terms and conditions results from an order or instruction of a competent authority.

17.4. The amendments to the general terms and conditions bind the Customer where the Customer has been notified of them in accordance with clause 17.1 and has not exercised the right under clause 17.2 within the period under clause 17.3.

17.5. We will not use this clause to change the price of an Order already placed, to change Your Payment Plan agreement or to reduce the 14-Day Money-Back Guarantee for an Order already placed. Amendments to the US arbitration agreement follow clause US3.13. For visitors who have not purchased a Product, the version published on the Website at the time of the visit applies.

18. Termination of the Contract

The Contract between Us and You is terminated:

• by mutual consent of the Parties, expressed in writing
• upon the dissolution or declaration of insolvency of either of the Parties
• upon the death or placing under judicial disability of a Customer who is a natural person
• at the initiative of Investclub, in the cases provided for in these general terms and conditions
• at the initiative of the Customer, upon exercise of the right of withdrawal provided for in these general terms and conditions
• upon expiry of the term of the Programme or of another Product provided for a fixed term

19. Applicable law

The Contract between Investclub and You is concluded, performed, interpreted and, in the event of termination, terminated in accordance with the law specified in the schedule for the country in which You live: clause US2 of the US Schedule or clause UK9 of the UK Schedule.

20. Claims

20.1. Customers have the right to make a claim in the event of non-conformity of a Product with what was agreed. These general terms and conditions set no deadline for making a claim; only the limitation periods laid down by law apply. We encourage You to tell Us as soon as You can. The claim is submitted orally on the contact telephone number specified by Us or in writing by email to [email protected] and/or the other means of contacting Us specified in the "Contact" section of the Website.

20.2. When making a claim the Customer states the subject of the claim, the manner of satisfying the claim preferred by the Customer, or respectively the amount of the sum claimed, and a contact address, telephone number and email.

When submitting a claim the Customer is asked, but is not obliged, to attach any available documents on which the claim is based, for example:

• a cash receipt or invoice
• protocols, deeds or other documents establishing the non-conformity of the goods or the service with what was agreed
• other documents establishing the grounds and amount of the claim

20.3. The making of a claim is not an obstacle to bringing a court action.

20.4. Investclub keeps a register of the claims made. A document is sent to the Customer at the email address specified by the Customer, stating the number of the claim from the register and the type of the service. We will consider every claim and respond as soon as reasonably practicable.

20.4. If Investclub satisfies the claim, it confirms this to the Customer in writing.

21. Resolution of disputes

21.1. All disputes arising out of or relating to the Contract between Us and You, including disputes arising out of or relating to its conclusion, interpretation, performance or termination, as well as disputes on filling gaps in the Contract or adapting it to newly arisen circumstances, which cannot be resolved by the Parties through negotiations, will be resolved as set out in the schedule for the country in which You live: for Customers resident in the United States, clauses US2 and US3 of the US Schedule (including the arbitration agreement); for Customers resident in the United Kingdom, clause UK9 of the UK Schedule.

21.2. In respect of disputes between Investclub and Customers resident in the United Kingdom, information on alternative dispute resolution /ADR/ is set out in clause UK7 of the UK Schedule.

22. Third-party services and links

Where You use a third-party service directly (for example Our payment provider or video-conferencing service), its terms and privacy notice also apply. A link to or mention of a third-party website, tool, platform or product is for information or illustration only. It is not an endorsement or a suggestion to open an account or to buy anything, and We are not responsible for third-party content or services.

23. General provisions

23.1. You may not transfer Your customer account or Your rights under the Contract without Our written consent. We may transfer Our rights and obligations to another company in Our group or to a buyer of Our business. We will tell You if We do, and the transfer will not reduce Your rights.

23.2. If either of us does not enforce a right at once, it may still be enforced later. No person other than You and Us has rights under the Contract.

23.3. The Contract is concluded in English and We communicate with You in English. All notices and communications between Us and You are made through Your customer account (including in-app notifications), to the email address on Your customer account, and by telephone, SMS or messaging apps linked to the telephone number on Your customer account. You send notices to Us at the contact details in clause 2. Documents, acceptances and communications sent through these channels or accepted electronically have the same legal effect as signed paper documents, and the records of Your customer account are proof of their content and of who sent them. For Customers resident in the United States, clause US6 also applies.

US Schedule

This schedule applies if You live in the United States. It forms part of these general terms and conditions.

US1. Who You contract with and where We operate

US1.1. You contract with Investclub International Inc., a Delaware corporation. Its contact details are in clause 2.

US1.2. The Products are available only in the states shown as available at checkout. We may reject an Order from a resident of another state and will refund in full anything paid.

US1.3. Clauses 10 and 10A apply to You in full: the 14-Day Money-Back Guarantee, after day 14 clause 10.5, and the Satisfaction Guarantee at the end of the Programme. Where the law of Your state requires a larger refund, that law applies.

US2. Governing law

US2.1. The Contract is governed by the laws of the State of Delaware, without regard to its conflict-of-law rules. The Federal Arbitration Act governs the interpretation and enforcement of clause US3. This choice of law does not take away any protection that the mandatory consumer-protection law of Your home state gives You.

US2.2. Any claim that is not subject to arbitration under clause US3, other than a small-claims case, will be brought in the state or federal courts located in Delaware or in the state where You live.

US3. ARBITRATION AGREEMENT

PLEASE READ THIS CLAUSE CAREFULLY. IT REQUIRES YOU AND INVESTCLUB TO RESOLVE MOST DISPUTES THROUGH BINDING INDIVIDUAL ARBITRATION INSTEAD OF IN COURT. IT INCLUDES A CLASS ACTION WAIVER AND A JURY TRIAL WAIVER. YOU MAY OPT OUT WITHIN 30 DAYS AS EXPLAINED IN CLAUSE US3.8.

US3.1. What is covered. "Dispute" means any dispute, claim or controversy between You and Investclub that arises out of or relates to the Website, the Products, Your Order, these general terms and conditions or any other part of the Contract, whatever the legal theory. It includes Disputes that arose before You accepted these general terms and conditions, and claims against Our affiliates, officers, employees and agents.

US3.2. Informal resolution first. Before either of us starts an arbitration, the party with the Dispute must send the other a written notice with its name and contact details, a description of the Dispute and the outcome sought. Send Your notice to [email protected]. We send Ours to the email address on Your customer account. Each of us will then try in good faith to resolve the Dispute for 60 days from receipt of the notice. Any limitation period is paused during those 60 days, and an arbitration may be started only after they have passed.

US3.3. Binding individual arbitration. A Dispute that is not resolved informally will be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules in effect when the arbitration is started (available at adr.org), as modified by this clause US3. One neutral arbitrator decides all issues, except that a court decides whether this clause US3 is enforceable, whether a Dispute is covered by clause US3.6 or US3.7, and any question about clause US3.11 or US3.12. The arbitrator may award You individually any relief that a court could award You individually. The award is final and may be entered as a judgment in any court with jurisdiction.

US3.4. CLASS, COLLECTIVE AND REPRESENTATIVE ACTION WAIVER. YOU AND INVESTCLUB MAY BRING CLAIMS AGAINST EACH OTHER ONLY ON AN INDIVIDUAL BASIS. NEITHER OF US MAY BRING A CLAIM AS A PLAINTIFF OR CLASS MEMBER IN A CLASS, COLLECTIVE, CONSOLIDATED OR REPRESENTATIVE ACTION. THE ARBITRATOR MAY NOT COMBINE MORE THAN ONE PERSON'S CLAIMS, EXCEPT AS CLAUSE US3.11 PROVIDES, AND MAY NOT PRESIDE OVER ANY CLASS OR REPRESENTATIVE PROCEEDING.

US3.5. JURY TRIAL WAIVER. YOU AND INVESTCLUB EACH GIVE UP THE RIGHT TO A TRIAL BY JURY AND THE RIGHT TO HAVE A DISPUTE DECIDED IN COURT, EXCEPT AS THIS CLAUSE US3 PROVIDES.

US3.6. Small-claims court. Either of us may bring an individual claim in small-claims court in the county where You live, as long as the claim qualifies and stays in that court.

US3.7. Intellectual property. Either of us may ask a court for an injunction or other equitable relief to stop infringement or misuse of intellectual property rights, without first going through informal resolution or arbitration.

US3.8. Your 30-day right to opt out. You may opt out of this clause US3 by emailing [email protected] within 30 days after the day You first accept these general terms and conditions. Include Your name, Your address, the email address on Your customer account and a clear statement that You opt out of arbitration. If You opt out, clause US3 does not apply to You and clause US2.2 applies. Opting out has no effect on any other term or on Your access to the Products.

US3.9. Where and how. Any hearing takes place in the county where You live, or remotely by video or telephone, or on written submissions, at Your choice as the AAA rules allow.

US3.10. Fees. You pay only the AAA consumer filing fee. Investclub pays all other AAA filing, administration and arbitrator fees for any claim that is not frivolous. If the arbitrator finds that a claim or the relief sought was frivolous or brought for an improper purpose, under the standard in Federal Rule of Civil Procedure 11(b), the arbitrator may allocate fees as the AAA rules allow. Each party pays its own attorneys' fees unless the law or the award provides otherwise. We will not seek Our attorneys' fees from You unless the arbitrator finds Your claim frivolous.

US3.11. Batching for 25 or more similar demands. If 25 or more similar demands for arbitration are filed against Investclub by or with the help of the same law firm or coordinated group, the AAA will administer them in batches of up to 25, with one arbitrator, one set of filing and administrative fees and one procedural schedule for each batch. Each demand remains an individual claim with an individual decision on its merits. Batches proceed at the same time so far as the AAA can reasonably manage. Limitation periods for a demand are paused from the time it is filed until its batch is selected to proceed. The AAA Mass Arbitration Supplementary Rules apply to the extent they are consistent with this clause.

US3.12. Severability. If any part of this clause US3 is found unenforceable, the rest stays in effect, with one exception. If the class action waiver in clause US3.4 is found unenforceable for a particular claim or request for relief, then that claim or request for relief, and only that one, will be decided in court and not in arbitration. It will be stayed until the arbitration of the remaining claims is finished. Nothing in this clause US3 prevents You from seeking public injunctive relief in court where California law gives You that right; any such claim is stayed pending arbitration of the other claims.

US3.13. Changes. If We make a material change to this clause US3, We will give You 30 days' notice. You may reject the change by emailing the opt-out address within those 30 days, and the previous version of clause US3 then continues to apply to You. A change does not apply to a Dispute of which We already had written notice.

US3.14. Survival. This clause US3 survives the end of the Contract and the closing of Your customer account.

US4. Warranty disclaimer and limitation of liability

US4.1. We will provide the Programme with reasonable care and skill and substantially as described at the time of Your Order. This clause US4 does not limit that commitment or Your refund rights under clauses 10 and 10A or under state law.

US4.2. EXCEPT AS STATED IN CLAUSE US4.1 AND ELSEWHERE IN THE CONTRACT, AND TO THE FULLEST EXTENT THE LAW ALLOWS, THE WEBSITE AND THE PRODUCTS ARE PROVIDED "AS IS" AND "AS AVAILABLE." INVESTCLUB DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT, AND DOES NOT WARRANT THAT THE WEBSITE WILL BE UNINTERRUPTED OR ERROR-FREE OR THAT YOU WILL ACHIEVE ANY FINANCIAL RESULT.

US4.3. TO THE FULLEST EXTENT THE LAW ALLOWS, INVESTCLUB AND ITS AFFILIATES, OFFICERS, EMPLOYEES AND AGENTS ARE NOT LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR FOR ANY TRADING OR INVESTMENT LOSSES, LOST PROFITS OR LOST OPPORTUNITIES, AND INVESTCLUB'S TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE WEBSITE, THE PRODUCTS OR THE CONTRACT IS LIMITED TO THE AMOUNTS YOU PAID TO INVESTCLUB IN THE 12 MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, OR US$100 IF YOU HAVE PAID NOTHING.

US4.4. Clauses US4.2 and US4.3 do not limit liability for Our gross negligence, fraud or intentional misconduct, for death or personal injury caused by Our negligence, or for any liability that cannot be limited under the law that applies to You. Some states do not allow the exclusion of implied warranties or the limitation of certain damages. In those states, the exclusions and limits apply only to the extent the law allows, and You may have additional rights.

US5. Indemnity

You agree to reimburse Investclub for reasonable losses and costs, including reasonable attorneys' fees, that result from a claim brought against Investclub by a third party, to the extent the claim is caused by Your breach of these general terms and conditions, Your User Content, or Your misuse of the Website or the content of the Products, such as sharing or reselling it. This does not apply to the extent a claim is caused by Investclub's own act or failure, and it never applies to Your honest reviews or opinions. We will tell You promptly about any claim, and We will not settle it in a way that requires You to pay or to admit fault without Your consent.

US6. Electronic communications and E-SIGN consent

US6.1. You consent to receive agreements, disclosures, notices and other records from Us electronically, by email or through the Website, and You agree that electronic records and signatures have the same legal effect as paper and ink. You need a device with internet access, a current browser, an email account and the ability to view and save PDF files.

US6.2. You may withdraw this consent, or ask for a free paper copy of any record, by emailing [email protected]. Withdrawal does not affect records already provided. Because the Products are delivered only online, We may not be able to keep providing them if You withdraw consent. Withdrawing Your consent does not cancel the Contract or entitle You to a refund. We may provide any record which the law requires by another method.

US6.3. Text messages and SMS program terms. Program name: Investclub. We send marketing text messages only with Your prior express written consent, and We may send service messages about Your account and the Products. Consent to marketing texts is not a condition of purchase. Message frequency varies. Message and data rates may apply. Reply STOP to cancel and HELP for help, or contact Us at the details in clause 2. Carriers are not liable for delayed or undelivered messages. Supported carriers: the major US carriers; delivery on other carriers is not guaranteed.

US7. Copyright complaints (DMCA)

If You believe that content on the Website infringes Your copyright, send a notice containing the information required by 17 U.S.C. 512(c)(3) to Our designated agent: [designated agent name, postal address, telephone and email]. If We remove Your content because of a notice, We will tell You, and You may send the agent a counter-notice with the information required by 17 U.S.C. 512(g)(3). We may restore the content 10 to 14 business days later unless the complaining party tells Us it has filed a court action. We end the accounts of repeat infringers in appropriate circumstances, following clause 9.

US8. Your right to post honest reviews

Nothing in these general terms and conditions or in any other part of the Contract restricts, penalizes or charges a fee for Your honest review, performance assessment or other analysis of Investclub, the Products or Our conduct, and nothing transfers to Us any intellectual property right in Your review. This reflects the Consumer Review Fairness Act (15 U.S.C. 45b).

US9. State notices

US9.1. California - Civil Code Section 1789.3. The provider of the service is Investclub International Inc., at the addresses shown in the table at the top of these general terms and conditions and the telephone number in clause 2. Prices are shown at checkout. California residents may contact the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs in writing at 1625 North Market Blvd., Suite N 112, Sacramento, CA 95834, or by telephone at (800) 952-5210.

US9.2. New Jersey. Nothing in these general terms and conditions limits or excludes Our responsibility for losses caused by Our own fraud, recklessness, gross negligence or willful misconduct, or waives any clearly established right of a New Jersey consumer. The limits on punitive damages and attorneys' fees, and the indemnity in clause US5, do not apply to New Jersey residents to the extent New Jersey law prohibits them. No provision of these general terms and conditions is intended to be void, unenforceable or inapplicable under New Jersey law, and if any provision is, it does not apply to You.

US9.3. State-specific provisions. If the law of the state where You live prohibits any provision of these general terms and conditions, or requires a provision which these general terms and conditions do not contain, that law applies to You and the provision is modified to the minimum extent needed. Nothing in these general terms and conditions is intended to violate any state consumer-protection law or to limit any right which cannot be limited by contract.

US10. If You bought by phone or video call

Your Order confirmation sets out the information and any cancellation rights that the laws on telephone sales give You. The 14-Day Money-Back Guarantee applies to every Order however it was placed. Where a telephone-sale law gives You a longer or additional right, You have that right too. Your Order confirmation and Your acceptance at checkout together constitute the written confirmation of any telephone sale.

US11. Automatic renewal of memberships

By purchasing a membership You consent to its automatic renewal at the interval and price shown at purchase until You cancel. We send the renewal notices which the law of Your state requires. You may cancel online in Your customer account at any time, with effect from the end of the current period (clause 6A).

UK Schedule

This schedule applies if You live in the United Kingdom. It forms part of these general terms and conditions.

UK1. Who We are

You contract with Investclub EOOD. Its company details and contact details are in clause 2. Address for complaints and cancellation notices: 34 Alabin St, Sofia 1000, Bulgaria. We have no establishment in the United Kingdom.

UK2. Key information before You buy

We give You this information under the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (the "Regulations"). It forms part of the Contract.

UK3. Your statutory right to cancel

UK3.1. You have the right to cancel the Contract within 14 days without giving any reason. The cancellation period expires 14 days after the day on which the Contract is concluded. This statutory right is the right of withdrawal under clause 10 and is also Our 14-Day Money-Back Guarantee. If We have not given You the information on the right to cancel which the Regulations require, the period instead ends 12 months after the day on which it would otherwise have ended or, if We give You that information within those 12 months, 14 days after the day on which You receive it.

UK3.2. To cancel, tell Us of Your decision by a clear statement, for example an email to [email protected], a letter to the address in clause UK1 or the form on the Website. You may use the model cancellation form in clause UK3.7, but You do not have to. If You use the form on the Website, We will acknowledge Your cancellation by email without delay.

UK3.3. To meet the deadline, it is enough to send Your notice before the cancellation period has expired.

UK3.4. If You cancel within the period, We will refund all sums You have paid, in full and with no deduction, without undue delay and no later than 14 days after the day on which We are told of Your decision. We will use the same means of payment that You used, unless You expressly agree otherwise, and You will not pay any fee for the refund. Any Payment Plan is cancelled. If Your purchase was financed by a linked credit agreement with a third-party lender, that agreement ends automatically when You cancel and We will inform the lender.

UK3.5. If You want the Programme to start before the 14 days are over, We ask You at checkout to make an express request. The law would allow Us to charge a proportionate amount for services supplied up to the time You cancel. We choose not to do so. If You cancel within the 14 days, You receive a full refund even if You have started the Programme.

UK3.6. We do not ask You to give up Your right to cancel when You start to stream the recorded modules, and watching content during the 14 days does not affect Your right to cancel or Your refund. The Programme is a mixed contract of digital content and services.

UK3.7. Model cancellation form:

To: Investclub EOOD, 34 Alabin St, Sofia 1000, Bulgaria, email [email protected]

I/We [*] hereby give notice that I/We [*] cancel my/our [*] contract of sale of the following goods [*] / for the supply of the following service [*],

Ordered on [*] / received on [*],

Name of consumer(s),

Address of consumer(s),

Signature of consumer(s) (only if this form is notified on paper),

Date

[*] Delete as appropriate

UK4. Your rights under the Consumer Rights Act 2015

UK4.1. We must perform the services in the Programme with reasonable care and skill, and what We say or write to You about the Programme or about Us, which You take into account when deciding to buy, is binding on Us. If We fail to meet these standards, You can ask Us to repeat or fix the service. If that is impossible or is not done within a reasonable time, You can get some or all of Your money back.

UK4.2. The digital content in the Programme must be of satisfactory quality, fit for purpose and as described. If it is faulty, You are entitled to a repair or a replacement and, if the fault cannot be fixed within a reasonable time and without significant inconvenience, to some or all of Your money back. If faulty digital content damages Your device or other digital content because We failed to use reasonable care and skill, You are entitled to a repair or compensation.

UK4.3. This is a summary of Your key rights. For detailed information, visit the Citizens Advice website at citizensadvice.org.uk or call 0808 223 1133. Nothing in these general terms and conditions or in any other part of the Contract affects these rights.

UK5. Terms that do not apply to You, or apply differently

The US Schedule does not apply to You. There is no arbitration agreement, class action waiver, jury trial waiver or indemnity for Customers resident in the United Kingdom. If You breach these general terms and conditions, We may claim only the loss which the law allows Us to recover. Clauses 14.1 to 14.4 apply to You only as far as clause UK6 allows.

UK6. Our responsibility to You

UK6.1. We do not exclude or limit in any way Our liability to You where it would be unlawful to do so. This includes liability for death or personal injury caused by Our negligence or the negligence of Our employees, agents or subcontractors, for fraud or fraudulent misrepresentation, and for breach of Your legal rights in relation to the Programme, including the rights summarised in clause UK4.

UK6.2. If We fail to comply with the Contract, We are responsible for loss or damage You suffer that is a foreseeable result of Our breach or of Our failing to use reasonable care and skill. Loss or damage is foreseeable if it is obvious that it will happen or if, at the time the Contract was made, both You and We knew it might happen.

UK6.3. The Programme is education only (clause 3A). Losses on investments that You choose to make are not a foreseeable result of Our providing general education with reasonable care and skill. We supply the Programme only for domestic and private use and have no liability to You for loss of profit, loss of business, business interruption or loss of business opportunity. This does not limit Our liability under clause UK6.1.

UK6.4. We are responsible for foreseeable loss and damage caused by Our breach or Our negligence. We are not responsible for loss which was not foreseeable, or for business losses. Nothing in these general terms and conditions limits Our liability for death or personal injury caused by Our negligence, for fraud, or for Your statutory rights.

UK7. Complaints and alternative dispute resolution

UK7.1. We have a complaint handling policy. To complain, follow clause 20 and contact Us at the details in clause 2 or the address in clause UK1. Data protection complaints follow the separate procedure in the privacy policy.

UK7.2. Alternative dispute resolution is a process in which an independent body considers the facts of a dispute and seeks to resolve it without going to court. If We cannot resolve Your complaint, We will tell You. We are not obliged to, and do not currently, participate in alternative dispute resolution. Information about certified ADR bodies is available from the Chartered Trading Standards Institute. You do not have to use alternative dispute resolution and may go to court at any time (clause UK9).

UK8. Financial services statement

Investclub EOOD is an education provider. It is not authorised or regulated by the Financial Conduct Authority and does not carry on any regulated activity in the United Kingdom. It does not give investment advice or personal recommendations, arrange deals in investments or manage investments. You will therefore not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme in respect of the Programme. Nothing on the Website or in the Programme is an invitation or inducement to engage in investment activity.

UK9. Governing law and courts

The Contract is governed by the law of England and Wales, and the courts of England and Wales have non-exclusive jurisdiction. If You live in Scotland or Northern Ireland, You may bring proceedings in the courts there. Wherever You live in the United Kingdom, You keep the protection of the mandatory consumer laws of the part of the United Kingdom where You live.