Loan Agreement

TOPBET PESO-Loan Agreement

The TOPBET PESO App (hereinafter referred to as the "Platform") is operated by TOPBET TECH CORP. and has entered into a strategic partnership with LOAN STAR LENDING GROUP CORP. The Platform solely provides support services related to loan applications and does not participate in core matters such as loan credit evaluation, approval, or disbursement; all matters including loan approval, disbursement, and collection shall be independently determined and executed by LOAN STAR LENDING GROUP CORP.

In the event that LOAN STAR LENDING GROUP CORP. (the "Company") agrees to provide a loan (the "Loan") to the undersigned applicant (the "Borrower") in accordance with the terms specified in the Disclosure Statement, the following terms and conditions will apply:

1. Repayment Terms:

The Borrower commits to repaying the Loan, along with any interest and charges outlined in the Disclosure Statement (the "Payables"), following the repayment schedule detailed therein (the "Repayment Schedule").

2. Disbursement of Funds:

The Company will transfer the Loan amount, either in full or in part, from its designated bank account to the Borrower's specified bank account or electronic wallet as indicated in the loan application submitted via the Platform.

3. Company's Ethical Practices:

The Company pledges to uphold fair and transparent practices by:

• a. Adhering to all relevant laws and regulations.
• b. Preventing inappropriate behavior by staff.
• c. Providing comprehensive education to the Borrower on all aspects of the Loan and Agreement.
• d. Allowing the Borrower to prepay the Loan by covering the interest and processing fees applicable for the entire Loan period.
• e. Avoiding undue harassment in Loan recovery processes.
• f. Establishing and maintaining a grievance redressal system to address Borrower queries or concerns.
• g. Protecting the privacy of the Borrower's information.
• h. Not imposing penalties for delayed payments; however, overdue charges will apply on the principal amount for any delay period as specified in the Disclosure Statement.
• i. Implementing changes in interest rates and charges only on a prospective basis.
• j. Not requiring security deposits or margins.

4. Borrower's Affirmations:

The Borrower declares and guarantees that they:

• a. Fully comprehend the Agreement and possess the financial and legal capacity to meet their obligations.
• b. Have provided accurate information and documents on the Platform, including the Loan Application Form ("LAF"), and will notify the Company of any changes within three days.
• c. Will use the Loan solely for the purposes stated in the LAF and will make repayments through the Company's approved methods.
• d. Will fully adhere to and cooperate with the Terms & Conditions ("T&C") set by the Company.

5. Company's Discretionary Rights:

Subject to applicable law, the Company may:

• a. Withhold or cancel disbursements of the Loan upon any breach of the Agreement or law by the Borrower.
• b. Exercise sole discretion in approving or disapproving loan applications, disbursing loans, and collecting loans without providing specific reasons to the Borrower.

6. Duration and Default Conditions:

The Agreement remains effective from the Effective Date until all Payables are fully repaid unless terminated earlier due to an Event of Default ("EOD"). An EOD includes:

• a. The Borrower's breach or failure to perform any provisions of the Agreement, including failure to repay for more than 45 calendar days.
• b. Providing false, incomplete, or incorrect information or representations under the Agreement or LAF.
• c. Receiving an insolvency notice, being declared insane, or being convicted of any offense.
• d. Any event that, in the Company's opinion, impairs the Borrower's ability to repay the Payables.
• e. Submission of forged documents or engagement in fraudulent activities.
• f. Any other event that the Company deems to threaten the repayment of the Loan Amount.

7. Agreement's term shall be from Effective Date to the time entire Payable(s) is/are repaid to Company, unless terminated earlier upon occurrence of any Event of Default ("EOD"). EOD shall be deemed to have occurred upon the Borrower's breach of any of the terms and conditions of this Agreement, including but not limited to:

• a. Borrower commits a breach or fails or neglects to perform, keep or observe any of the provisions of Agreement including failure to repay for more than 45 calendar days;
• b. Any covenant, representation, warranty of Borrower under Agreement and/or LAF are found/proved to be incomplete, false or incorrect;
• c. Borrower has an insolvency notice served on it/him/her; (ii) is declared insane; (iii) convicted of any offence; and/or
• d. an event, which in Company's opinion, impairs Borrower's ability to repay Payables, occurs.
• e. Submission of any forged document and/or the conduct of any fraudulent act by the Borrower.
• f. Any other event which in the sole opinion of the Company would endanger the repayment of the Loan Amount.

8. Upon occurrence of any EOD, Company may:

• a. terminate the Agreement; and/or
• b. declare all Payables (whether due or not), immediately due, demandable and repayable.

9. If Borrower fails to make payments (as provided above) within seven days thereof, Company may at its sole discretion:

• a. require Borrower to pay liquidated damages equal to all unpaid payables; and/or
• b. exercise any other right or remedy available under Law.

10. If the Borrower requires additional time for repayment, the Borrower can apply an for extension of loan tenure for repayment provided the Borrower has already cleared the overdue charges if any before applying for extension on the application before the due date. On approval of the request:

• a. the Borrower agrees to pay the applicable processing fee for the extension of the loan tenure; and
• b. a confirmation mail and/or text message will be sent to Borrower stating the new due date.

11. Borrower shall indemnify, defend and hold Company harmless from and against any loss arising out of or in relation to breach of terms of Agreement by the Borrower.

12. Agreement shall be subject to the exclusive jurisdiction of the courts of the Philippines. Complaints of Borrowers in relation to Agreement would be addressed in accordance with the company polices and Philippine law.

13. Borrower's personal information shall be collected and used only in accordance with terms and conditions of Agreement.

14. Borrower understands and agrees that:

• a. Company may share Borrower's, credit history and defaults to inter-alia its affiliates and such organizations as Company may deem fit including for the purpose of fraud checks, submission of performance data to bureaus and self-regulatory organizations;
• b. Company may call for appropriate credit report, loan history and other information with respect to Borrower from credit bureaus, statutory bodies, tax authorizes, Credit Information Corporation, research merchants and such other organizations as Company may deem fit;
• c. Borrower shall not hold Company liable for use of this information and/or for undertaking any such background checks and verification; and
• d. Borrower has provided any false information to the loan application and/or misrepresent any facts under this transaction, then the Company has every right to pursue criminal action under the applicable laws against the Borrower.

15. Subject to Law, Company may assign/delegate any or all of its rights, power and functions under this Agreement to third party/ies. Borrower hereby provides his unqualified consent for the same.

16. Company may modify any terms of Agreement provided it is communicated to Borrower.

17. Any communication in relation to Agreement shall be at:

• a. Borrower address provided in LAF and/or on Platform;
• b. Company Registered Office

18. Agreement, LAF and terms of Platform (including Borrower's consent for use of information) shall constitute the entire Agreement between parties, If any provision of this Agreement is held invalid, other provision shall remain unaffected.

19. This Agreement supersedes any previous Agreement and/or understanding made either verbally or in writing by the Parties concerning the subject matter of this Agreement.

Loan Agreement

I Hereby agree and provide consent to abide by the provisions of Loan Agreement (as provided herein). I understand, agree and acknowledge that the validity and enforceability of this Loan Agreement is contingent upon approval of my Loan Application submitted through this Platform.

I further agree and understand that in the event Loan Agreement is approved by the Company, my consent (provided herein) along with the submission of my Loan Application Details (on this Platform) should constitute a legally enforceable agreement between Company and I. No further action for executing and/or concluding Loan Agreement would be required by either Company or I.

I understand that the Lender has adopted risk-based pricing, which is arrived by taking into account, broad parameters like the customers financial and credit profile. Further, I acknowledge and confirm that the Lender shall have the discretion to change prospectively the rate of interest and other charges applicable to the loan.

DISCLOSURE STATEMENT:

Loan Application Form

DEFINITION OF TERMS

a) Unless the context mandates otherwise, the following phrases and terms used in this loan agreement have the corresponding meanings listed below:

• b) Lender - An individual, institution, or entity that provides funds or resources to another party. This includes the lender's legal representatives and successors.
• c) Borrower - An individual that receives funds or resources from a lender with the agreement to repay the borrowed amount, usually with interest, over a specified period.
• d) Loan Amount - Refers to the total sum of money that a lender agrees to provide to a borrower. It represents the principal amount of the loan, which is the initial amount borrowed before interest or other fees are applied. The borrower is expected to repay this loan amount over a specified period, according to the terms outlined in the loan agreement.
• e) Repayment Period - Refers to the duration over which a borrower is expected to repay the loan.
• f) Default - Occurs when a borrower fails to make a scheduled payment on a loan or credit obligation.
• g) Due Date - Refers to the specified date by which a payment must be made to fulfill a financial obligation.
• h) Interest – The additional amount over the Loan Amount to be paid by the Borrower, accruing on the due date for Lump Sum Amounts or any agreed due dates for Installment Amounts.
• i) Service Fee – The fee collected from the Borrower for the facilitating services offered by the Lender.

APPLICANT'S COMMITMENT

• The applicant acknowledges that submitting the Loan Application Form (LAF) does not guarantee the approval of the loan by the Company.
• The Company will evaluate and decide on the loan application based on its merits, exercising its sole discretion.
• The applicant confirms that all information provided in the LAF is accurate and complete, and they will promptly update the Company of any changes.
• The applicant confirms that they fully understand all loan terms and are both financially and legally qualified to take on the loan. The loan amount will be disbursed to the bank or e-wallet account specified by the applicant.
• The Company is authorized to share the applicant's loan information, including credit history and defaults, with affiliated organizations, banks, financial institutions, credit bureaus, statutory bodies, tax authorities, and any other entities deemed appropriate by the Company. The applicant will not hold the Company responsible for the use of this information.
• The applicant accepts full, absolute, and unconditional responsibility for repaying the loan and any associated payables, including any extensions or provisions for repayment, regardless of reminders or notices issued by LOAN STAR LENDING GROUP CORP. or its service provider.
• The applicant agrees to make all payments promptly under these terms and conditions and consents to receive updates, messages, and other communications on their registered mobile number or email ID from the Company or its service provider.
• The applicant will not transfer, sell, or assign their rights and obligations under these terms and conditions to any other party without the prior approval of the Company or its service provider.
• The Company reserves the right to reject the LAF and retain the form along with the applicant's photograph.
• The applicant affirms that they have not taken a credit facility from any other source except the one explicitly mentioned in the LAF.
• The applicant agrees to provide any additional documents or deeds required by the Company following the submission of the LAF.