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The StoneX Group of companies provides financial services worldwide, including physical commodities, securities, exchange-traded futures and options, OTC instruments, risk management and advisory services, global payments and foreign exchange products, in accordance with applicable laws in the jurisdictions where services are provided. References to certain OTC products or swaps are made on behalf of StoneX Markets, LLC (SXM), a member of the National Futures Association (NFA) and provisionally registered with the U.S. Commodity Futures Trading Commission (CFTC) as a swap dealer. SXMs products are designed only for individuals or firms who qualify under CFTC rules as an Eligible Contract Participant and who have been accepted as customers of SXM. StoneX Financial Inc. (SFI) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Advisor. References to certain securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). References to certain exchange-traded futures and options are made on behalf of the FCM Division of SFI. Wealth Management is offered through SA Stone Wealth Management Inc., member FINRA/SIPC, and SA Stone Investment Advisors Inc., an SEC-registered investment advisor, both wholly owned subsidiaries of SGI.

StoneX Financial Ltd (SFL) is registered in England and Wales, company no. 5616586. SFL is authorised and regulated by the Financial Conduct Authority (FCA) (registration number FRN:446717) to provide services to professional and eligible customers including: arrangement, execution and, where required, clearing derivative transactions in exchange traded futures and options. SFL is also authorised to engage in the arrangement and execution of transactions in certain OTC products, certain securities trading, precious metals trading and payment services to eligible customers. SFL is authorised and regulated by the FCA under the Payment Services Regulations 2017 for the provision of payment services. SFL is a category 1 ring-dealing member of the London Metal Exchange. In addition SFL also engages in other physically delivered commodities business and other general business activities which are unregulated and not required to be authorised by the FCA. StoneX Financial Europe S.A. (SFE) is a securities trading firm registered in the Grand Duchy of Luxembourg under Company No. RC Lux B 10821. SFE is authorised by the Luxembourg Ministry of Finance and regulated by the Commission de Surveillance du Secteur Financier (registration no. P00000012) to carry out, inter alia, the activities of investment adviser, portfolio manager, professional acting on own account, broker in financial instruments, and commission agent.

StoneX Financial GmbH, entered in the Frankfurt am Main Commercial Register, HRB 101212 with seat in Frankfurt am Main, is authorised to perform payment services (Finanztransfergeschäft) in accordance to § 1. PAR 1 sentence 2 No. 6 German Payment Act (ZAG) and is regulated by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht- BaFin) and the German Federal Bank (Deutsche Bundesbank- BuBa) under the register number BaFin-ID: 10141964. StoneX Financial Europe GmbH, entered in the Hamburg Commercial register, HRB 80844 with seat in Hamburg, is listed in the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht- BaFin) register to carry out the following activities: a) trade in commodities (in particular metals), b) arrange transactions for metals and commodities with dealers, producers or commercial users of the commodities, and c) provide investment brokerage for financial instruments in accordance with § 2 Para. 10 KWG respectively § 3 Para. 2 WpIG exclusively in the name, under liability and for the account of StoneX. Its status as tied agent does not require authorisation by the BaFin.

StoneX Payment Services Ltd. is a wholly owned subsidiary of StoneX Group Inc. incorporated in the State of Washington, U.S.A., Washington Corporation (UBI 603 514 004). It is regulated by the Financial Crimes Enforcement Network (FinCEN) in the US and authorized and regulated by Money Service Business Multi-State Protocol on NMLS [NMLS:1394445].

StoneX Financial Pte Ltd (Co. Reg. No 201130598R) (“SFP”) is regulated by the Monetary Authority of Singapore and is a Capital Markets Service Licence holder (for dealing in capital market products), an Exempt Financial Adviser (for advising on investment products and issuing or promulgating analyses/ reports on investment products) and a Major Payment Institution (for domestic and cross-border money transfer services). StoneX Financial Pty Ltd (ACN 141 774 727) (“SFA”) holds an Australian Financial Service License (AFSL: 345646) for Dealing in Securities, Exchange-Traded Derivatives Contracts, OTC Derivatives Contracts and Foreign Exchange Contracts, and is regulated by the Australian Securities and Investments Commission.

StoneX Financial Nigeria Ltd. (company registration number RC 1157178) is regulated as a broker-dealer by the Securities and Exchange Commission of Nigeria and licenced by the Nigerian Stock Exchange, NASD Plc, and FMDQ Securities Exchange. StoneX Commodities DMCC (company registration number DMCC 30630) holds DMCC Licences (DMCC 31371 and DMCC 30630) for non-manufactured precious metals trading and metal ores trading. Trading swaps and OTC derivatives, exchange-traded derivatives and options, securities and other financial products involves substantial risk and is not suitable for all investors. The information herein is not advice nor a recommendation to trade nor an offer to buy or sell any financial product or service. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX Group of companies to enter into any transaction with you. You should perform an independent investigation of any transaction to determine whether it is suitable for you. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of SGI. This document and the information herein is provided confidentially for information purposes only to the recipient. This information is provided on an as-is basis and may contain statements and opinions of the StoneX Group as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.

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The subsidiaries of StoneX Group Inc. provide financial products and services, including, but not limited to, physical commodities, securities, clearing, global payments, risk management, asset management, foreign exchange, and exchange-traded and over-the-counter derivatives. These financial products and services are offered in accordance with the applicable laws in the jurisdictions in which they are provided and are subject to specific terms, conditions, and restrictions contained in the terms of business applicable to each such offering. Not all products and services are available in all countries. The products and services offered by the StoneX Group of companies involve risk of loss and may not be suitable for all investors. Full Disclaimer.

This website is not intended for residents of any particular country, and the information herein is not advice nor a recommendation to trade nor does it constitute an offer or solicitation to buy or sell any financial product or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Please refer to the Regulatory Disclosure section for entity-specific disclosures.

No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. The information herein is provided for informational purposes only. This information is provided on an ‘as-is’ basis and may contain statements and opinions of the StoneX Group of companies as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group of companies (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.