AFFILIATE MARKETING SERVICES AGREEMENT

VERSION: 8.6

LAST UPDATED: June 2026

This Affiliate Marketing Services Agreement (the "Agreement") is entered into by and between the undersigned Publisher/Affiliate ("Affiliate"; -, company registration/tax number: -, address: -, country: -) and Senshiro AB (company registration/tax number: SE559013501701, country: SWEDEN, address: c/o Berghs School of Communication, Box 1380, 111 93 Stockholm, hereinafter referred to as "iGaming Profit - Affiliate Program" or "Company" or "Network"), and shall govern the relationship between the parties with respect to the Affiliate's participation in the iGaming Profit - Affiliate Program Affiliate Network. The Company responsible for the Self-service affiliate tracking platform maintenance is Traffic Manager Group S.R.L., website TrafficManager.com.

TrafficManager acts solely as a technical Data Processor. The Affiliate acknowledges that TrafficManager has no contractual relationship with the Affiliate, does not control the commercial terms of this Agreement, and shall have no liability to the Affiliate regarding payouts, account suspensions, or data processing conducted under the Controller's (Network's) instructions.

By completing the affiliate application to the Affiliate Programme and clicking "I have read and agree to the affiliate terms and conditions" within the registration form, you (the Affiliate) hereby agree to participate in the Affiliate Programme and abide by all the terms and conditions set out in this Agreement. The Company reserves the right to amend, alter, delete or extend any provisions of this Agreement, at any time and at its sole discretion, without giving any advance notice to the Affiliate, subject to the terms set out in this Agreement.

If you do not agree to this Agreement, you are requested to immediately notify the Affiliate Team via email at and@senshiro.com and cease all promotional activities.

DEFINITIONS

"Agreement" means and includes (i) all the terms and conditions set out in this document, (ii) the General Terms and Conditions, (iii) any other rules and/or guidelines issued by the Company Websites, and (iv) any annexes referred to herein.

"Affiliate" means you, the natural person or entity specified as - (company registration/tax number: -), who applies to participate in the Affiliate Programme.

"Affiliate Programme" means the collaboration between the Company and the Affiliate, whereby the Affiliate creates Links to and promotes the Company Websites to New Customers via the iGaming Profit - Affiliate Program network.

"Affiliate Website(s)" means one or more websites or approved marketing channels maintained and operated by the Affiliate.

"Company" means Senshiro AB, a company incorporated in SWEDEN with company registration/tax number SE559013501701, holding the relevant MGA and/or SGA licenses as specified in the affiliate platform backend.

"Confidential Information" means any information of commercial or essential value for any of the Parties including, but not limited to, financial reports, trade secrets, know-how, prices, business strategies, and player data.

"Data Protection Legislation" means all applicable data protection, privacy, and electronic marketing legislation, including the GDPR (EU 2016/679) and any related national legislation.

"Links" means internet hyperlinks from the Affiliate Website(s) or approved channels to the Company Websites.

"New Customer" means a new first-time customer referred to the Company Websites by the Affiliate, who has successfully registered and made a first deposit amounting to at least the applicable minimum deposit AND who has successfully wagered the deposited amount at least three (3) times (3x Wagering Requirement) on real money games, without being flagged by the Company’s anti-fraud and compliance systems. Players who only perform the minimum deposit and show zero subsequent activity or retention within 14 days of registration are expressly excluded from CPA qualification. For the avoidance of doubt, a player shall only be deemed a 'New Customer' and qualify for a CPA payment once across the Company’s entire network of brands. If a referred player already holds an active or inactive account with any other casino brand operated by the Company, no further CPA commission shall be payable to the Affiliate for any subsequent registrations or deposits made by the same physical individual on another Company brand.

"Company Websites" means the online gaming websites operated, managed, or white-labeled by the Company under its MGA and/or SGA licenses.

1. PURPOSE

1.1. The Affiliate operates marketing channels and refers potential customers to Company Websites. Any marketing channel utilized must be explicitly disclosed and approved by the Company.

1.2. This Agreement governs the promotion of the Company Websites by the Affiliate, whereby the Affiliate will be paid consideration depending on the qualified New Customers referred, subject to the strict compliance terms of this Agreement.

2. ACCEPTANCE OF AN AFFILIATE

The Company reserves the right to refuse any affiliate registration or traffic source in its sole and absolute discretion without providing justification.

3. AFFILIATE REPRESENTATIONS AND WARRANTIES

The Affiliate hereby represents and warrants that it:

A) Is aged 18 or over (or 21 or over where legally required by jurisdiction).

B) Holds all necessary licenses, permits, and consents required to market and advertise online gaming in the target jurisdictions (specifically MGA and SGA regions).

C) Is not involved in, and does not intend to be involved in, any act or traffic that constitutes fraud, coordinated bonus abuse, or illegal activity.

D) Will strictly comply with the Swedish Gambling Act (Spellagen), Malta Gaming Authority (MGA) Directives, and all applicable advertising codes of conduct.

E) Understands that its role is strictly limited to advertising. The Affiliate is prohibited from entering into direct communication with any New Customers or potential customers regarding gameplay, account status, disputes, or complaints.

4. COMPANY RIGHTS AND OBLIGATIONS

4.1. The Company shall provide tracking links and pre-approved marketing materials.

4.2. The Company shall record net revenues, monitor traffic quality, and provide affiliate player statistics via the tracking platform.

4.3. The Company reserves the absolute right to refuse the registration of any New Customer, or to suspend/close accounts if deemed necessary to comply with regulatory requirements or anti-fraud protocols.

5. RESPONSIBILITIES AND OBLIGATIONS OF THE AFFILIATE

5.1. The Affiliate shall only use marketing materials provided or explicitly approved in writing by the Company. Links and promotional texts shall not be altered without consent.

5.2. Strict Traffic Restrictions: The Affiliate explicitly agrees to the following heavy channel restrictions:

A) Restricted Channels (Messaging Apps, Closed Groups & Social Media): Sourcing or driving traffic via closed groups, private channels, messaging applications (including but not limited to Telegram, Discord, WhatsApp, and Signal), or any social media and streaming platforms (including but not limited to Facebook, Instagram, TikTok, X/Twitter, YouTube, Twitch, Snapchat, and Reddit) is strictly prohibited. The Affiliate may only utilize these channels if an explicit written pre-approval or a specific signed Social Media Addendum has been granted by the Company for that exact account, handle, page, or channel.

B) Incentivized Traffic: The Affiliate shall not generate traffic using incentivized schemes (e.g., promising users cash, kickbacks, hacks, secrets, or guaranteed wins in exchange for registration and deposit).

C) Direct Marketing Restrictions: The Affiliate is completely prohibited from contacting individuals via SMS or Email on behalf of the Company or its brands.

D) Keyword Bidding / Brand Poaching: The Affiliate shall not purchase or register keywords, search terms, or domain names that are identical or confusingly similar to the Company’s trademarks and brand names.

6. PAYMENT, ANTI-FRAUD AUDITS AND PERFORMANCE POLICIES

6.1. Payment Plans: Payments shall be processed via Revenue Share, CPA, or Hybrid models as explicitly agreed upon in writing. In the absence of an agreement, the default shall be the Revenue Share plan.

Net Revenue Formula: Gross Bets (-) Wins (-) Administration/Platform Fees (-) Paid Bonuses (-) Transaction Costs & Chargebacks (-) Applicable Gambling Taxes & VAT (-) Jackpot Contributions.

Net Revenue Tiers: The net revenue share percentage is determined by the amount of qualified new depositing customers referred by the affiliate within the active month:

6.2. Strict Invoicing and Write-Off Windows:

Commission is calculated monthly. The Affiliate agrees that only invoices submitted between the 1st and the 13th day of the month following the active period will be processed. Any invoices submitted outside of this strict timeframe will be deemed null and void for that period.

The minimum payment threshold via bank wire is €300. Balances below this will roll over.

Withholding and Expiry: Should the Affiliate fail to claim or correctly invoice any due amount within twelve (12) months from when it first became due, the amount shall be permanently written off and no longer due.

The Affiliate agrees to notify the Company immediately by means of email to and@senshiro.com regarding any changes to their VAT status, company registration, or banking details.

6.3. Traffic Audits and Payment Delays: The Company reserves the right to delay payments for up to one hundred and eighty (180) days while investigating traffic quality, compliance, or suspected fraud syndicates.

Mandatory Proof of Source: During an investigation, the Affiliate must provide full transparency, including unedited live screenshots or video recordings of ad accounts, traffic sources, specific social media backend analytics, landing pages, and active campaigns within 48 hours of a request. Failure or refusal to provide verifiable proof of traffic origins will result in the immediate cancellation of all disputed commissions and account closure.

6.4. Clawback: The Affiliate agrees to immediately return all commissions received based on fraudulent, falsified, or compliance-breaching transactions.

6.5. Post-Termination Earnings: Upon termination of this Agreement by either party, the Affiliate’s right to receive any future commissions or revenue share from previously referred players terminates completely. Only validly earned, unpaid commissions prior to the exact date of termination shall be paid out.

6.6. Affiliate Inactivity and Player Requests:

A) Affiliate Inactivity: The Affiliate must continuously actively promote the Company's brands. If the Affiliate fails to refer at least three (3) qualified New Customers to the Company Websites within any rolling one hundred and eighty (180) day period, the Affiliate shall be deemed "Inactive". The Company reserves the right, at its sole discretion, to permanently un-tag and decouple any or all previously referred players from the Affiliate’s tracker, and no further commissions shall be generated from these players.

B) Player Request: If a player explicitly requests to be disconnected from an Affiliate tracker or transferred to direct organic status, the Company shall comply with the player's request immediately, and the Affiliate's right to earn commission on that player shall cease.

6.7. Disputes: If the Affiliate disagrees with the balance due as reported, it shall within a period of thirty (30) days send an email to and@senshiro.com indicating the reasons for such a dispute. Failure to do so within the time limit constitutes an irrevocable acknowledgment of the balance due.

7. TERMINATION

7.1. Either party may terminate this Agreement at any time by giving a thirty (30) day written notice via email to and@senshiro.com.

7.2. Immediate Termination for Cause: The Company may terminate this Agreement with immediate effect if the Affiliate breaches any representations, warranties, traffic restrictions, or regional regulatory annexes. In this event, the Company shall withhold and forfeit 100% of any unpaid commissions as security and indemnity for any perceived, anticipated, or contingent liabilities or regulatory fines arising from the Affiliate's breach.

8. LIABILITIES AND INDEMNIFICATION

8.1. The Company shall not be liable for any indirect, consequential, or economic losses suffered by the Affiliate.

8.2. The Affiliate agrees to fully defend, indemnify, and hold harmless the Company, its directors, and its operators from and against any and all claims, regulatory fines, or legal expenses arising directly or indirectly from the Affiliate’s breach of this Agreement, local laws, or the attached regulatory Annexes.

9. CONFIDENTIALITY AND NON-DISPARAGEMENT

9.1. The Affiliate acknowledges that it will receive or have access to Confidential Information. The Affiliate agrees to maintain all Confidential Information in strict confidence and shall not disclose any details of this Agreement, business metrics, player statistics, or private communication logs to any third party without the express prior written consent of the Company. This obligation survives termination indefinitely.

9.2. The Affiliate agrees that it shall not, at any time during or after the termination of this Agreement, make, publish, or communicate in any public forum, industry review site, social media platform, or blog, any defamatory, disparaging, negative, or derogatory remarks concerning the Company, its operations, or its brands. Any breach of this section shall entitle the Company to immediate termination for cause and the permanent forfeiture of all balances under Clause 7.2.

10. GOVERNING LAW AND JURISDICTION

This Agreement, its construction, validity, and any disputes arising under or in connection with it shall be governed exclusively by the Laws of Malta. The Parties irrevocably submit to the exclusive jurisdiction of the Maltese Courts.

ANNEX F – SWEDEN SPECIFIC CONDITIONS (SGA COMPLIANCE)

The restrictions within this Annex F apply to all traffic targeted at, or received from, residents of Sweden. Violation of these terms threatens the Company’s SGA license and constitutes an immediate material breach.

1. Spelpaus (National Self-Exclusion Register): The Affiliate acknowledges that Sweden operates a mandatory national self-exclusion register (Spelpaus.se). The Affiliate warrants that no marketing materials, social media posts, links, or promotions shall ever be directed toward individuals who are self-excluded. Coordinated targeting of databases or channels known to circumvent Spelpaus is strictly illegal.

2. Duty of Care and Moderation (Måttfullhet): All marketing targeted at the Swedish market must comply with the Swedish Gambling Act regarding "Moderation". The Affiliate must not use aggressive call-to-actions, psychological pressure (e.g., "Bet Now", "Hurry Up"), or suggest that gambling can solve financial, emotional, or social problems. This applies strictly to any approved social media channels.

3. Strict Bonus Rules: Under SGA regulations, players can only be offered one single welcome bonus per license. The Affiliate is strictly prohibited from advertising any unauthorized bonuses, reloads, cashbacks, loyalty rewards, or incentives other than the official welcome offer explicitly provided in the affiliate system for the Swedish market.

4. Responsible Gambling Logos: Any page, channel, or review site targeting Swedish residents must clearly display links and logos for Spelpaus.se, Stödlinjen.se, and the mandatory 18+ age warning symbol.

ANNEX G – MGA & ANTI-FRAUD CONDITIONS (MALTA COMPLIANCE)

The restrictions within this Annex G apply to all traffic under MGA jurisdiction and target the elimination of deceptive traffic syndicates.

1. Misleading Marketing & Guaranteed Wins: The Affiliate shall not publish content that misleads potential players. It is strictly forbidden to claim that winning can be mathematically guaranteed, to promote "loopholes", "hacks", or "betting systems" designed to beat the house, or to present gambling as a viable alternative to employment.

2. Coordinated Syndicates & Baseline Scraping: The Company operates advanced biometric and behavioral tracking. If the Company detects patterns of "Coordinated Fraud" (e.g., clusters of players registering from identical IPs/subnets, utilizing identical devices, using Telegram/social media-distributed instructions, or depositing exactly the baseline threshold and showing zero subsequent retention), the traffic will be flagged as a fraud syndicate. The Company reserves the right to nullify the entire month's traffic from the source and permanently blacklist the Affiliate.

3. Age Verification and Free-To-Play (F2P): The Affiliate is strictly prohibited from offering free-to-play versions of real money casino games without implementing an authorized age verification process on their site. No content may have "particular appeal to minors" (no cartoon themes, juvenile youth culture, or fairy tale aesthetics alongside casino tracking links).