THAT NFTs

This section describes non-fungible token (NFT) features that the Company may introduce in connection with the THAT app. These features may be changed, delayed or not implemented in some regions, including where legal, regulatory or commercial considerations require it.

The primary intent of any NFT functionality is to support practical, access and loyalty-based use cases (for example, digital passes or membership tokens), rather than to create investment products.

Consumer-Facing NFTs

NFTs made visible in the THAT app are designed to represent access, status or benefits within participating merchants’ own offerings. Depending on the specific configuration chosen by a merchant, holding a particular NFT might, for example, be associated with:

• access to a digital “VIP” or membership tier

• eligibility for certain discounts or offers

• access to token-gated content, events or services, or

• eligibility to participate in early or limited promotions.

Where supported, users may be able to view compatible NFTs associated with their wallet and, in some cases, use them to demonstrate eligibility for a merchant’s own benefits or programs. Any such benefits are determined and administered by the relevant merchant, not by the Company, and may be changed or withdrawn by the merchant at any time.

NFTs described in this section are not intended to represent rights to profits, revenue sharing, dividends, interest, ownership in the Company or governance rights over any pooled enterprise.

Merchant-Defined NFT Collections

The Company may provide tools that allow merchants to create and configure their own NFT collections for use in their businesses. Subject to technical and policy constraints, these collections could allow merchants to:

• issue digital passes, loyalty tokens or membership cards

• choose basic parameters (such as quantity, format, permitted uses or duration), and

• have the NFTs minted on-chain and displayed within compatible wallet views in the THAT app.

Any such tools would be optional and would not remove the need for merchants to obtain their own advice about how they design and use NFT-based programs, including any tax, legal or regulatory implications that may be relevant in their jurisdiction.

Marketplaces and Transfers

NFTs supported by the THAT app would be standard blockchain tokens that can be held, sent and received using compatible wallets. In some cases, users may also choose to interact with independent NFT marketplaces or secondary trading venues outside the THAT app.

The THAT app may, where appropriate, provide links or interfaces to third-party marketplaces so that users can view or manage compatible NFTs. These marketplaces are operated by independent providers. The Company does not operate an NFT exchange or order book, does not guarantee that any NFT will be tradable or have a secondary market, and does not guarantee the price, liquidity or future value of any NFT.

Limitations

Any NFT features introduced in or alongside the THAT app are expected to:

• be framed around access, loyalty or informational use cases

• avoid conferring rights to profits, ownership in the Company or governance over a pooled enterprise, and

• be configurable by merchants within technical and policy constraints set by the Company.

Availability of NFT-related functionality may differ between regions, devices and user groups and may be updated, suspended or withdrawn over time. Users and merchants remain responsible for their own decisions to create, hold, use or transfer NFTs, including any applicable tax, legal or regulatory consequences.