HBAR Futures Trading Challenge Terms & Conditions

HBAR FUTURES TRADING CHALLENGE – OFFICIAL RULES

BY PARTICIPATING IN THE PROMOTION, YOU AGREE TO THESE OFFICIAL RULES AND THE KRAKEN.COM TERMS OF SERVICE, WHICH EACH FORM A CONTRACT. READ THEM CAREFULLY BEFORE ENTERING.

1. Sponsor

This promotion (“Promotion”) is sponsored by Payward, Inc., known as Kraken (“Sponsor” or “Kraken”).

2. Eligible Areas

The Promotion is open to eligible Kraken customers residing in jurisdictions where Kraken operates, excluding the United Kingdom and any other location where trading incentives are restricted or prohibited by law. Participants must be eligible to access and trade Kraken futures products in their jurisdiction and must comply with all applicable laws and regulations.

The United Kingdom is expressly excluded. The Promotion is void where prohibited or restricted by law.

3. Promotional Period

The Promotion begins at 11:00 UTC on March 2nd, 2026 and ends at 23:59 UTC on March 23, 2026 (the “Promotion Period”).

Each calendar month during the Promotion Period constitutes a separate monthly contest period. Participants may enter once per monthly contest period.

Kraken reserves the right to modify, suspend, or terminate the Promotion at any time in its sole discretion.

4. How to participate

To participate in the Promotion, you must:

a. Hold a Kraken Pro account verified to at least the Intermediate KYC level;
b. Click “Join Now” on the Promotion campaign page during the applicable monthly contest period; and
c. After clicking “Join Now,” trade the HBAR perpetual futures contract (PF_HBARUSD) on Kraken.

No purchase is required to create a Kraken account.

Only trading volume on the PF_HBARUSD contract generated after clicking “Join Now” during the applicable monthly contest period will count toward qualification.

To qualify for a Reward, a participant must generate more than USD $1,000 in total notional trading volume in PF_HBARUSD during the applicable monthly contest period.

There is no limit to the number of participants who may qualify, provided eligibility and volume requirements are satisfied.

5. Reward

The total reward pool for the Promotion is 300,000 HBAR, funded by the protocol partner and distributed by Kraken via its standard airdrop system.

Eligible participants will receive an allocation of HBAR tokens (the “Reward”) based solely on their total PF_HBARUSD trading volume during the applicable monthly contest period, according to predefined volume tiers communicated on the Promotion landing page.

Rewards:

• Will be paid in HBAR tokens (not locked bonus credits);
• Are non-transferable and non-exchangeable;
• May not be redeemed for cash;
• Will be credited to the participant’s Kraken Spot Wallet within seven (7) days after the end of the applicable monthly contest period, subject to verification of eligibility and compliance.

The approximate retail value of each Reward will vary depending on the participant’s trading volume tier and the market price of HBAR at the time of distribution.

Each participant may receive only one (1) Reward per monthly contest period.

6. Eligibility

You are eligible to participate if, at the time of entry and during the Promotion:

• You reside in an Eligible Area;
• You maintain a verified Kraken Pro account at the Intermediate KYC level or higher;
• Your account is active and in good standing;
• You agree to the Kraken.com Terms of Service; and
• You are not otherwise ineligible under applicable law.

By participating, you represent and warrant that you meet all eligibility requirements.

7. Disqualification

Kraken reserves the right to disqualify any participant if it determines, in its sole discretion, that the participant has:

• Violated these Official Rules or the Kraken.com Terms of Service;
• Engaged in wash trading, self-dealing, market manipulation, or other abusive or fraudulent trading practices;
• Attempted to circumvent Promotion limits, including by creating multiple accounts;
• Misrepresented geographic eligibility;
• Engaged in any conduct that compromises the integrity of the Promotion.

Kraken may withhold, reduce, or claw back any Reward if ineligibility or prohibited conduct is identified.

8. Notification and Distribution

Eligible participants will have their HBAR Reward automatically credited to their Kraken Spot Wallet within seven (7) days after the end of the applicable monthly contest period.

If a participant’s account is suspended, restricted, closed, or not in good standing at the time of distribution, Kraken may withhold or cancel the Reward.

Kraken may require additional verification prior to issuing any Reward.

9. Privacy

By participating, you consent to the collection and use of your personal information for the administration of this Promotion and in accordance with Kraken’s Privacy Policy available at:

https://kraken.com/legal/privacy

10. Disclaimers

Kraken is not responsible for technical failures, platform interruptions, internet disruptions, or any other issues that may affect participation.

Kraken and its affiliates are not liable for any loss arising from acts of God, market volatility, regulatory changes, system failures, labor disputes, or other causes beyond their reasonable control.

Futures trading involves substantial risk and may not be suitable for all participants.

11. Limitation of Liability, Disputes, and Governing Law

By participating in the Promotion, you agree to release and hold harmless Kraken and the Kraken Related Parties from any claims arising out of or relating to your participation in the Promotion or receipt of any Reward.

BY PARTICIPATING IN THE PROMOTION, YOU AGREE THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW:

(1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THE PROMOTION SHALL BE RESOLVED INDIVIDUALLY, WITHOUT RESORT TO ANY FORM OF CLASS ACTION;

(2) ANY CLAIMS, JUDGMENTS AND AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS INCURRED, NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00), AND ATTORNEYS’ FEES SHALL NOT BE AWARDED;

(3) YOU WAIVE ANY RIGHT TO SEEK PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, OR ANY DAMAGES OTHER THAN ACTUAL OUT-OF-POCKET EXPENSES NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00);

(4) YOUR REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES AND YOU IRREVOCABLY WAIVE ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF.

Any dispute arising under or related hereto (whether for breach of contract, tortious conduct or otherwise) will be governed by the laws of England and Wales, without reference to its conflicts of law principles.

By participating in this Promotion, you agree that any dispute arising from or relating to this Promotion shall be determined by confidential binding arbitration only in London, England, by and under the LCIA rules, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

Notwithstanding the foregoing, Kraken may seek equitable relief in any court of competent jurisdiction.

12. Taxes

Participants are solely responsible for any taxes, duties, or other governmental charges arising from receipt of a Reward. Kraken does not provide tax advice.

13. General Rewards

Participation constitutes acceptance of these Official Rules.

Kraken reserves the right to cancel, suspend, or modify the Promotion if fraud, technical failures, regulatory changes, or other factors impair the integrity or proper functioning of the Promotion.

Kraken’s decisions regarding eligibility, trading volume calculation, tier allocation, and Reward distribution are final and binding.

If any provision of these Official Rules is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

In the event of any conflict between marketing materials and these Official Rules, these Official Rules shall control.