(Updated: From 08.01.2026 10:00 (UTC), Nami officially applies new commission rates for the Daily Staking product. For more details about the announcement, please refer to here at Section 3.1. ). Dear Nami Community, From 17.11.2025 08:00 (UTC) , Nami officially implements the new 2F commission policy , replacing the previous policy. With flexible tiers and commission rates, the 2F policy enables Partners to grow benefits, expand a resilient network, and engage long-term with the Nami ecosystem. 1. Participant - All Nami users who have completed KYC; and - Register to become Community Partners from 17.11.2025 08:00 (UTC) . Note: For Community Partners prior to 17.11.2025 08:00 (UTC) , please see Section 7 for rules on applying the 2F commission policy. 2. Tier System The 2F policy comprises six tiers , each with distinct conditions and rates: - Official Partner - Silver Partner - Gold Partner - Platinum Partner - Diamond Partner - Emerald Partner 3. Requirements to Become & Maintain Community Partner Status, and Commission Rates To attain and maintain a tier, a Partner must satisfy two groups of conditions : - Condition 1 – Active direct users: Maintain a required count of active direct users in the Partner’s network (an active user is one who makes ≥ 1 transaction in the month: Spot, Swap, or Futures). - Condition 2 – Trading Volume: Meet one of the two volume thresholds, calculated from direct users in the Partner’s network: Partner commission is calculated from the fees generated by direct users (Futures, Spot, Swap). The higher the tier, the higher the rate. Details Tier Condition 1 Condition 2 (meet either) Commission rate Active users Total Futures trading from direct users Total Spot/Swap trading from direct users Official Partner - - - 20% Silver Partner 3 200,000 USDT 20,000 USDT 24% Gold Partner 4 1,000,000 USDT 100,000 USDT 28% Platinum Partner 6 2,500,000 USDT 250,000 USDT 32% Diamond Partner 8 5,000,000 USDT 500,000 USDT 36% Emerald Partner 10 10,000,000 USDT 1,000,000 USDT 40% (*) Direct users: users who attach the Partner’s referral code directly. Example (direct commission): A Partner qualifies for Gold Partner with: + 4 active direct users (each makes ≥ 1 transaction/month), and + Futures trading volume from the direct-user network = 1,000,000 USDT. At the Gold tier, Partner A earns 28% on fees from direct users B, C, D & E. Commission accrues per transaction/order: + B opens a Futures position, fees 100 V1K → A earns 28 V1K. + C opens a Futures position, fees 50 V1K → A earns 14 V1K. + D makes a Spot trade, fees 20 V1K → A earns 5.6 V1K. + E makes a Spot trade, fees 10 V1K → A earns 2.8 V1K. >>> How to Register as a Partner, track commissions, and convert referral codes 4. Maintaining / Upgrading the Community Partner Tier - To maintain the current tier or be upgraded, the Partner must continue to satisfy the two condition groups at section 3. - At 04:00 (UTC) the first day of each month, the system automatically evaluates Partner status and applies upgrades. 5. Indirect Commission Rate (from the indirect network) Beyond direct commissions, a Partner may also earn indirect commissions from the indirect users once either of the defined volume thresholds is met for that indirect network in the month. The thresholds are evaluated on the total trading volume of the indirect network . Indirect commission rate Spot/Swap trading volume from indirect network Futures trading volume from indirect network 3% 100,000 USDT 1,000,000 USDT 5% 250,000 USDT 2,500,000 USDT 8% 500,000 USDT 5,000,000 USDT Notes: (**) Indirect users: users who attach the referral code of the Partner’s direct users. Example: Partner A qualifies for 8% indirect commission. Commission accrues per transaction/order in the indirect network: + Indirect user B makes a Futures trade, fees 400 V1K → A earns 32 V1K. + Indirect user C makes a Spot trade, fees 70 V1K → A earns 5.6 V1K. + Indirect user D makes a Swap trade, fees 30 V1K → A earns 2.4 V1K. 6. Product-Based Commissions 6.1. For Partners from Silver tier and above In addition to direct and indirect commissions, Partners can earn product-specific commissions when direct or indirect users participate in the products below: To be eligible for this product-based commission, Partners from Silver tier and above must meet one of the two trading volume thresholds for Spot/Swap or Futures as specified in the indirect commission rules in Section 5 . Source Daily Staking Nami Earn Nami Lending Direct users 11% 6.25% 6.25% Indirect users 4% 1.25% 1.25% 6.1.1. Daily Staking - Partners receive up to 15 % of the Daily Yield program’s commission, calculated on the actual yield received by referred users. Example: + User A (referred by Partner B) earns 100 V1K/day → B’s commission = 9% × 100 = 9 V1K/day. + A refers to user C (indirect to B) earning 200 V1K/day → B’s commission = 4% × 200 = 4 V1K/day. - Paid daily at the same time the Daily Staking is credited (17:00 UTC) to the Commission Wallet. 6.1.2. Nami Earn - Partners earn additional commission from Nami Earn rewards received by referred users. - Commission is converted to USDT and paid at the end of the Earn term to the Commission Wallet. Early redemptions do not generate commission. Example: + Partner A directly refers user B who joins an Earn plan (BNB). At term end B receives 1 BNB reward → A’s commission = 6.25% × 1 = 0.0625 BNB, converted to USDT at the time of payment. + B refers C (indirect to A) who receives 2 BNB reward → A’s commission = 1.25% × 2 = 0.025 BNB, converted to USDT upon payment. 6.1.3. Nami Lending - Partners earn up to 7.5% of the actual interest paid by referred users. - Interest is settled when the loan ends (matures, is liquidated, or is repaid early); commission is then paid and converted to USDT at the time of payment. Example: + A directly refers B who takes a loan. When B’s loan ends, B pays 10,000 V1K in interest → A’s commission = 6.25% × 10,000 = 625 V1K, converted to USDT at payment time. + B refers C (indirect to A). When C’s loan ends, C pays 40,000 V1K interest → A’s commission = 1.25% × 40,000 = 500 V1K, converted to USDT at payment time. 6.2. For Official Partners and basic users Official Partners and basic users(*) are entitled to the same direct commission rate as follows: To be eligible for this product-based commission, Official Partners must meet one of the two trading volume thresholds for Spot/Swap or Futures as specified in the indirect commission rules in Section 5 . (*) Basic user: A Nami user who has not registered as a Community Partner but has at least 01 new member who successfully attaches their referral code. Product Futures trading Spot trading Swap Daily staking Nami Earn Nami Lending Direct commission 20% 20% 20% 9% 5% 5% Details: - Futures, Spot, and Swap Trading : Commission is calculated as a percentage of the trading fees generated by the referred user. - Daily Staking : Commission is calculated based on the actual interest earned by the referred user. - Nami Earn : Commission is derived from the Earn rewards received by the referred user. - Nami Lending : Commission is calculated based on the actual interest paid by the referred user when using Nami Lending. Important notes - KYC is required to register and upgrade Community Partner tiers. - A user must refer to at least one new member to be recognized as an Official Partner . - Trading volume generated in V1K or other assets will be converted to USDT-equivalent for performance calculation. - Futures trading volume counts both NAO Futures and NAO Plus ; Spot/Swap trading volume is the combined Spot and Swap volume. 7. Applying the 2F Policy for Existing Community Partners 7.1. Terminology - 2F commission policy: the policy described above, effective 17.11.2025 08:00 (UTC). - 4F commission policy: the policy for users who became Community Partners before 17.11.2025 08:00 (UTC). - Existing network/users: all users who attached the Partner’s previous referral code before 17.11.2025 08:00 (UTC), including all direct and indirect lines existing before that time. - Existing Partner: a Nami user who became a Community Partner before 17.11.2025 08:00 (UTC) and is receiving commissions under the 4F policy. 7.2. Application Rules - From 17.11.2025 08:00 (UTC) , the system stops creating/attaching referral codes under 4F . All newly created or shared codes use 2F . - 4F referral codes will be invalid for new users, but accrued commission prior to the cut-over remains payable under 4F . Example: + Partner A still using a 4F referral code continues to receive commission from the existing network under 4F. + From 17.11.2025 08:00 (UTC), if A creates and uses a 2F code, all new users (direct/indirect) attaching that code will be counted for A under 2F. 7.3. Option to migrate the existing network to 2F Existing Partners and existing users may choose one of two options: - Option 1 – Keep the existing network under 4F: The Partner continues to receive commission from the existing network under 4F . The Partner cannot expand the network using the old code; new users cannot attach a 4F code. - Option 2 – Migrate the existing network to 2F: + For Partners: Partners may create 2F referral codes to expand the network going forward. + For users: Users may switch to the Partner’s new 2F referral code. After switching, the referral relationship and commission will follow 2F . - From 17.11.2025 08:00 (UTC) , commission generated by the migrated network is calculated and paid under 2F . Migration examples - User side + Option 1 – Keep 4F code: User E remains linked via a 4F code. When E trades and meets requirements, the Partner and upstream levels continue to receive 4F commission as before. + Option 2 – Use 2F code: If E switches to a 2F code, from the switch time only E’s Partner receives commission under 2F . - Partner side + Option 1 – Keep 4F: The Partner continues receiving commission from direct users and multiple indirect levels under 4F . + Option 2 – Switch to 2F: If the Partner creates a 2F code, commission is recognized from direct users and indirect users per 2F rules. Notes - A migrated existing network attached to a 2F code is treated as a migration , not as new users for the Partner. Best regards,