BY REGISTERING AND ACCEPTING THESE TERMS AND CONDITIONS

(“T&C’s”), THE CUSTOMER AGREES TO BE LEGALLY BOUND BY THESE

TERMS & CONDITIONS.References to ‘We’ ‘Our ‘and ‘Us’ refer to Alraedah Digital.

References to ‘You’, ‘Employee’ and ‘Your’ refer to Customer. References to

‘Employer’ refer to Company.

Reference to ‘Agreement’ refers to the legally binding document signed between

the Employer and Alraedah Digital.

Reference to ‘Third Party’ refers to all platforms utilizing Alraedah Digital

Services.

Alraedah Digital is solely responsible for providing a platform to enable financial

transactions to Employees subject to

(i.)

The Employer/Company signing a service agreement with Alraedah Digital

for advance wage access (EWA Agreement); and

(ii.)

Employee/Your individual onboarding and registration.

1. Alraedah Digital App

1.1. The Alraedah Digital App (‘App’) provides You with Access to Your unpaid

earnings, for a Transaction Fee set out in the EWA Agreement.

1.2. The App is a financial agnostic and cloud-based platform that offers multiple

solutions to access Your Salary.

1.3. The App functions in a right and responsibility-based structure where all therights are solely assigned to the Customer who has the right to have early access

to salary earned (or portions thereof) (the “Accrued Salary”) by an Customer up

till the date and time of initiating a transaction through the App.

1.4. Transactions must be in SAR only.

1.5. You are not permitted to make transactions of cash.

1.6. App cannot provide retroactive access to unpaid earnings that arose before

You established Your Alraedah Digital account.

1.7. All transaction made through the App is charged for under the commercial

terms of the EWA Agreement.

2. Onboarding Criteria

2.1. The Employer is validly existing and duly organized business under the laws

of Kingdom of Saudi Arabia with necessary authority, qualifications, licenses,

permits and registrations necessary to conduct its business.

2.2. The Employee must:

2.2.1. Be currently employed by the Employer;

2.2.2. Have a valid and up to date Saudi issued ID card and employer e-mail

address.

2.2.3. Mobile telephone number to be registered with Alraedah Digital App.

2.3. The Employee or the Employer is not on any of the following Lists:

2.3.1. US Office of Foreign Assets Control (OFAC) sanctions list;

2 United Nations Security Council (UNSC) sanctions list.3. Change

3.1. You will be informed of any change Alraedah Digital makes via SMS and

email.3.2. Alraedah Digital reserves the right to add, modify, revise, vary, amend,

delete, withdraw or supplement, in whole or in part, any of the provisions outlined

in these Terms and Conditions including, without limitation, charges and fees.

3.2. You must notify us immediately if Your information changes.

4. Your Responsibilities

4.1. If You believe that the App have been accessed without Your knowledge or

consent, or that password has been fraudulently used, You shall contact

Alraedah Digital immediately to block account and future transactions.

4.2. You will take all reasonable precautions to ensure the security of access to

the App and must not, under any circumstances, allow any third party or any

person to access or use the App for any purpose.

4.3. Any such payment in connection with or in respect of a transaction made on

the App shall be verified and authenticated by You.

4.4. You shall be responsible to verify and authenticate the Payment and account

details of the beneficiary accounts to authorize a transaction through the App.

4.5. You are advised to exercise caution and use industry-standard means to

detect and disable viruses and other harmful materials.

4.6. You will not use the App in any way that will contravene any legal or

regulatory provision.

4.7. You agree to repay, return and or reimburse Alraedah Digital any extra

amount transferred as a result of a system error, human error or technical glitch.Alraedah Digital reserves the right to automatically recover the amount in excess

of Your rightful ownership from your account, with or without notice.

4.8. Any penalties levied by any regulatory authority with regard to the use by

Customer shall be purely to the Customer’s sole account.

4.9. In case of a dispute with the Employer, You shall resolve the Dispute.

4.10. You must notify us of any dispute between You and Your Employer.

4.11. In the case where you sign up directly through Alraedah Digital, without

involvement from the Employer or a third party, You are responsible for providing

true and accurate information to Alraedah Digital.

5. You and Your Employer

5.1. You Agree to allow your Employer to make direct debit payments to Us for

any outstanding amount payable to Us inclusive of any charges from your salary

and/or settlement amount.

5.2. You Consent to Your Employer Sharing employment data with Us and

receiving data from Us.

5.3. Alraedah Digital only requests information from your Employer that is

required to provide the Service, and such information is not shared outside of

Alraedah Digital, other than with regulators, Your Employer.

5.4. Transaction alerts in real time for all Your transactions and will be visible to

the Employer.

5.5. The App relies upon information from Your Employer about You.

5.6. In the scenario that Your Employer disagrees with you about the amount ofunpaid earnings You earned or the amount that it owes You, We do not resolve or

otherwise become involved in disputes between You and Your Employer.

5.7. In case of individuals onboarding independently:

5.7.1. Alraedah Digital may communicate with your Employer to ensure the

accuracy of the information You provide to Alraedah Digital.

5.7.2. Alraedah Digital may take support from your employer to recover any

outstanding amounts payable.

6. Your undertakings

6.1. You undertake to abide by the Anti-Money Laundering (AML), Combating

Terrorist Financing (CFT) Act/Regulations.

6.2. You undertake and agree not to use or permit the use of App for any illegal

or improper purposes and shall comply with all applicable laws and regulations

governing the transactions.

6.3. You shall be responsible for accuracy, completeness and authenticity of the

funds transferred made through the App.

6.4. You acknowledge that the App consists of complex software that is never

wholly free from defects, errors and bugs and undertakes not to hold Alraedah

Digital responsible for among other things, backend errors, the operation and

availability of the systems used for accessing the App.

6.5. You undertake and confirm that compliance with theses T&C’s and provision

of the Services shall be subject to the internal policies of Alraedah Digital, which

may change from time to time.7. Liability.

7.1. The Customer holder accepts that Alraedah Digital is solely a service

provider and accepts that Alraedah Digital will not be liable for any transactions

done via the App.

7.2. To the fullest under applicable laws, in no event shall Alraedah Digital be

liable to Customer for indirect, consequential, exemplary, special, or punitive

damages arising out of or in connection with the furnishing, performance, use of

this App, violation of these T&C’S and/or misrepresentations, fraud, willful

misconduct, actions, omissions or negligence by You.

7.3. Customer shall be solely responsible and Alraedah Digital shall not be liable

for any loss (direct, indirect or consequential) if access is gained to account

through forgery, wiretap, theft or divulgence of password by Customer.

7.4. Alraedah Digital shall not liable or responsible for any transaction related

issue(s) faced by You due. to mobile network portability or incorrect information

provided by You or Your Employer.

7.5. Alraedah Digital will not be liable for any technical glitch and/ or viruses.

7.6. Alraedah Digital will not be liable for any loss or damage caused by a virus,

distributed denial-of- service attack, or other technologically harmful material that

may infect computer. equipment, computer programs, data, or other proprietary

material due to Your use of Our App.

8. Alraedah Digital’s Rights8.1. Alraedah Digital may block the account/suspend the service if any company

and/or its authorized personnel are found to be involved in any suspicious activity

or an activity that is in violation of the laws and regulations of Saudi Arabia or

have violated these T&C’s. You are liable for payment of financial charges as

determined by Alraedah Digital and/or result in partial or complete suspension of

the Account. Any penalties levied by any regulatory authority with regard to the

use by You all be purely Your sole Account.

8.2. Alraedah Digital is authorized to make such disclosures in respect of the

Account and transactions as may be required by any court order or competent

authority or agency under the provisions or applicable laws and/or otherwise to

safeguard the interests of Alraedah Digital.

8.3. Alraedah Digital may at any time revise these Terms and Conditions by

updating this posting.

9. Alraedah Digital Undertakings

9.1. The Services provided by US to You will not infringe or violate any

intellectual property rights or other right of any third party.

9.2. Alraedah Digital shall conduct all activities in a professional, ethical and

orderly manner and shall ensure provision of quality services at all times with an

objective to satisfy You.

10. Indemnity

10.1. The Customer agrees to fully indemnify and hold harmless Alraedah Digital,

its representatives and employees, to the fullest extent of the law from anyconsequence arising as a result of using the App.

11. Unscheduled Downtime

11.1. During unscheduled maintenance a notice shall be placed on the App and

an email/SMS shall be sent notifying Customer that there is an unscheduled

outage and the expected duration.