Terms and Conditions Campaign “Get 10% of N26 card spend invested back

The promotion is offered by N26 Bank AG, Voltairestr. 8, 10179 Berlin, Germany (hereinafter: ‘N26’) as sole organiser.

1. Content of the promotion campaign

1.1 Users who fulfill the requirements of these Terms and Conditions of the “Get 10% of N26 card spend invested back” campaign (“Promotion Terms”) and also all requirements set out in the N26 Broker Service User Documents may participate in the “Get 10% of N26 card spend invested back” campaign, as defined below (“Promotion Campaign”). The Promotion Campaign is only accessible to N26 Users, who are residents in Germany, Austria, France and Spain. 1.2 Subject to fulfillment of the requirements entailed in these Promotion Terms eligible Users, as defined in Section 2., may receive a certain percentage of the Euro-denominated spending they make with their physical or virtual N26 Maestro or Debit card (“Card Transactions”) in the period from December 16, 2024 to February 1, 2025 (“Campaign Period”) in the form of a fractional security. Only Card Transactions that are validly debited from the User´s N26 current account, i.e. in particular confirmed by a merchant can be recognised. Expenditures made by means of bank transfers, the Moneybeam feature or internal transfers to sub-accounts or Spaces are not taken into account. This also applies to withdrawals from ATMs or other locations. 1.3 Only 10% of the Euro-denominated volume, with a maximum limit of 100 Euros, on eligible transactions made during the campaign period will be taken into account for the reward. The User can therefore receive fractional securities with a maximum value of 100.00 Euros. (E.g. if the User has spent 100 Euros in Card Transactions, the Nominal Amount of the Purchase Order is exactly 10 Euros; if the User has spent 500 Euros, the Nominal Amount of the Purchase Order is 50 Euros; if a User spent 1000 Euros, the Nominal Amount of the Purchase Order is 100 Euro; if a User spent 1100 Euros or more, the Nominal Amount of the Purchase Order is also 100 Euros.) 1.4 Upon successful registration in the Promotion Campaign feature in the User Interface, the User instructs N26 to forward a Purchase Order in the amount of 10% of his Card Transactions up to a maximum of 100 Euro at the end of the Campaign Period to Upvest for execution. There is no fee for the Purchase Order. N26 settles Upvest´s claim for reimbursement of expenses against the User. N26 will also settle any other payment obligations. 1.5 The execution of the User´s Purchase Order and allocation of the fractional security to the User´s Securities Account with Upvest will take place by February 28, 2025.

2. Determination of the fractional security

N26 does not directly select the security. The selection is made by means of a random generator. The selection is based on the shares of the 10 companies with the highest market capitalization, which are accessible in the user interface of the N26 Broker Service. The relevant date for determining the 10 companies with the highest market capitalization is 21 November 2024.

3. Eligibility and restrictions

3.1 Only new Users, i.e. Users who are not users of an N26 bank account, are eligible to participate. The decisive factor for treatment as a new User is the successful opening of a N26 bank account, including previous completion of the verification process. Accordingly, a new User is only a person who did not successfully open a N26 bank account before December 16, 2024, 0:00 a.m. 3.2 Furthermore, only Users who have opened an User Account for the N26 Broker Service, as defined in Section 4.5 of the General Terms and Conditions N26 Broker Service are eligible for the Promotion Campaign. 3.3 Moreover, eligibility is restricted to signing up pursuant to section 3.1 and 3.2 between December 16, 2024, 0:00 a.m and January 6, 2025 0:00 p.m. As a consequence a User who signs up later than January 6, 2025 can not take part in the Promotion Campaign. 3.4 A User who does not meet all the requirements of the User Documents N26 Broker Service will also be subsequently excluded from participation. This includes, in particular, failure to meet the requirements set out in Section 11. of the General Terms and Conditions N26 Broker service which entitle N26 to block the Broker Service. 3.5 The User acknowledges and accepts that there is no guarantee that the verification and registration process for opening the N26 current account and the User Account for the N26 Broker Service will be successfully completed, even if all requested information has been provided. The reasons for this may include legal restrictions. 3.6 Subject to fulfillment of eligibility requirements Card Transactions are respected for the Campaign Period, i.e. also retroactively if the User fulfills eligibility requirements after the beginning of the Campaign Period.

4. Registration for the Promotion Campaign

4.1 In order to participate in the Promotion Campaign, the User must register for it in the User Interface. By clicking the corresponding button in the Promotion Campaign feature, the User sends a registration request to N26 and accepts these Promotion Terms. The registration request is accepted by N26 at the latest when the Purchase Order is confirmed. 4.2 The User has no legal claim to acceptance of the registration request by N26.

5. Instruction of the User

5.1 By pressing the corresponding button in the Promotion Campaign feature, the User consents explicitly and instructs N26 to forward a Purchase Order for the fractional security determined in accordance with Section 2 of these Promotion Terms to Upvest for execution after the end of the Campaign Period. 5.2 N26 is entitled not to forward the Purchase Order to Upvest for execution, if the User Account for the N26 Broker Service is terminated by N26 or by the User before February 28, 2025, 23:59 hours. N26 is also entitled not to forward the buy order to Upvest for execution, if there is a reason according to the N26 Brokerservice user documents, such as in particular a reason according to Section 11. of the General Terms and Conditions N26 Broker Service or a suspension of trading in the security concerned. The Card Transactions during the Campaign Period will not be taken into account in the aforementioned cases. The User shall then have no other claim to consideration or payment of his Card Transactions.

6. No advisory services

N26 does not provide investment advice, investment recommendations or any other advisory services related to the Promotion Campaign. Content that N26 makes available to the User in the Promotion Campaign feature or in other information is not to be understood in such a way that the security, determined in accordance with Section 2. of these Promotion Terms represent a suitable investment for the User. In particular, the determination process of the security as such is not to be understood in such a way that the security represents a suitable investment. The content provided is expressly intended only to provide general information about the Promotion Campaign.

7. Termination

N26 is entitled to terminate the Promotion Campaign prematurely for good cause or perform reasonable changes to the promotion at any time, and thereafter to terminate the contract between the User and N26 based on these Promotion Terms. In this case, N26 will not forward any Purchase Orders to Upvest. N26 further reserves the right to stop crediting any security under these T&Cs, if N26 customers undertake to misuse the promotion. The User shall then have no other claim to consideration or payment of his Card Transactions.

8. User´s tax obligations

Income from securities, such as dividends, is generally taxable. The same applies to gains from the sale of securities. When paying out income or gains from the sale of securities the User may be subject to capital gains and/or other taxes, which are paid to the relevant tax authority. In principle, the User is responsible for the careful management of his own tax affairs. N26 is not responsible for any tax matters in relation with the User´s securities or in any other way relating to the Promotion Campaign. In particular, N26 is not responsible for collecting the User´s taxes and paying them to the financial/tax authorities or otherwise managing the User´s tax affairs. The User shall obtain further information from the financial/tax authority or his tax advisor.

9. N26 tax obligations

The reward of this promotion qualifies as income from movable capital, subject to the corresponding withholding tax in accordance with the applicable tax regulations (currently 19%). N26 will pay the withholding to the Spanish Tax Authorities without passing it on to the user. N26 will also communicate the details of the reward to the Spanish Tax Authorities.

10. Applicable law

This Promotion Campaign will be subject to the legislation of the country that the N26 entity that the customer has contracted with has its legal seat. The official language of these Promotion Terms is the contract language of the current account contract between N26 and the customer (hereinafter: the ‘Official Language’). Any translation must be considered as a courtesy translation. In case of any discrepancies between the Official Language of these Promotion Terms and any courtesy translation, the Official Language version will prevail.