Rules of the promotion program “Launching derivative securities”

1. Name of the promotion program: Launch of Derivative Securities.
2. Promotion area (scope): Nationwide
3. Forms of promotion:

• Giving away goods and providing services without collecting money.
• Selling goods or providing services at a price lower than the previous selling price or providing services, applied during the announced promotion period (promotion in the form of discounts).

4. Promotion period: Total promotion period from July 22, 2024 to January 29, 2025, in which the specific implementation time is specified in Section 10 or until the budget runs out promotions as prescribed in Section 9, whichever comes first.
5. Promotional goods and services: Services provided by Pinetree Securities Joint Stock Company (“Pinetree”) include: Derivatives trading services, securities margin lending services (margin) ).
6. Goods and services used for promotion: Derivatives transaction fees (excluding taxes and fees that Pinetree collects to pay to state agencies, payment banks, and other organizations) related regulations in the Derivative Account Opening Contract and/or legal regulations), margin loan interest.
7. Promotional program customers (promotion beneficiaries): Customers who successfully open a new derivatives trading account (“Derivatives Account”) at Pinetree and meet the promotional conditions are specified in Section 10. The time of successfully opening a Derivatives Account is determined to be the time when Pinetree notifies that the customer’s Derivatives Account has been successfully activated.
8. Prize structure (prize content, prize value, number of prizes): None (due to not organizing promotions in the form of contests with prizes or programs of chance).
9. Total value of goods and services used for promotion (“Promotion budget”):

The total derivative securities transaction fee (according to the content in Section 10.1) is exempted up to a maximum of 1,000,000,000 VND (In words: One billion VND).
The total amount of margin loan interest (according to the content in Section 10.2) is reduced to a maximum of 105,000,000 VND (In words: One hundred and five million VND). At the same time, the total value of margin loans with preferential interest rates applied under this promotion program has a maximum value of 70,000,000,000 VND (In words: Seventy billion VND).

10. Detailed content of the promotion program:

10.1 Free derivatives trading for a limited time

a. Scope of application:

Customers who meet the promotional conditions: successfully open a new Derivatives Account at Pinetree before January 1, 2025.
Number of applications: All customers who successfully opened Derivatives Accounts within the above time period.
b. Promotional content:

Customers within the scope of application in Section 10.1.a are exempted from transaction fees for derivatives transactions arising at Pinetree from July 22, 2024 to December 31, 2024.

10.2 Reduce margin lending interest rate to 9%/year for 60 days

a. Scope of application:

Customers meet the following promotional conditions:
– Successfully open a new Derivatives Account at Pinetree before December 1, 2024.

– Registered to participate in the margin lending interest rate reduction program through the registration form announced by Pinetree on Pinetree’s trading platforms within the period from July 22, 2024 to November 30, 2024.

– Successfully traded at least 01 derivative contract.

Number of applications: All customers who meet the above promotional conditions.
b. Promotional content:

– Customers within the scope of application in Section 10.2.a are entitled to a fixed preferential margin lending interest rate of 9%/year within the preferential interest period of a maximum of 60 days from the date of disbursement each year. new loans (including Saturdays, Sundays, holidays) within the period from September 5, 2024 to November 30, 2024 and applies to the total value of the margin loan(s) from 1,000,000,000 VND (In words: One billion VND) or less/ 01 securities trading account.

Example 1:

On November 28, 2024, the customer generates a new loan worth 500,000,000 VND, this loan will enjoy an interest rate of 9%/year for a maximum of 60 days – that is, from the date of disbursement to the 26th day. /01/2025. In particular, the maximum preferential interest rate period in 2024 for that loan is 34 days in 2024 and 26 days in 2025.
The 60-day term is the maximum term, customers can proactively repay the debt at any time within that term, meaning the preferential interest rate period for that loan may be lower than 60 days – depending on the customer’s actual loan period.
Example 2:

On September 5, 2024, the customer incurred a new loan with a value of 700,000,000 VND (first loan), then on November 1, 2024, that customer incurred another new loan with value of 500,000,000 VND (second loan), customers will only receive an interest rate of 9%/year for the first loan and 300,000,000 VND of the second loan (meeting the condition of total value of 1,000 VND). 000,000 VND or less), part 200,000,000 VND of the second loan is applied at Pinetree’s regular interest rate.
Even if a customer incurs multiple loans within the period from September 5, 2024 to November 30, 2024, in all cases, each loan only has the time to apply the interest rate according to the promotion program. maximum 60 days from disbursement date and the total time to reduce interest rates to 9%/year for all loans arising under the program in 2024 is a maximum of 117 days.
– For margin loans that still have outstanding balance after the preferential interest rate period, or the value of the margin loan exceeds 01 billion VND (calculated according to the total value of promotional margin loans) , the margin lending interest rate will be applied according to Pinetree’s current margin lending interest rate policy at that time (to clarify, at the time of promotional program announcement, the current interest rate at Pinetree is 9.9%/year).

– Promotion does not apply to advance payment services. Disbursement priority order: 1- Cash advance, 2- Margin loan.