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<HTML><HEAD><TITLE>Mandatory Action Required – Expired W-8BEN Must Be Replaced</TITLE><!--[if (mso 16)]>
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                            align=left><A 
                              style="FONT-SIZE: 14px; TEXT-DECORATION: underline; COLOR: #fa5b35; -MS-TEXT-SIZE-ADJUST: none; -webkit-text-size-adjust: none; mso-line-height-rule: exactly" 
                              href="https://u54161068.ct.sendgrid.net/ls/click?upn=u001.J8-2BzD5dGL04t0KF4bejr2v8sR-2Fm90e1LJccw85H-2B0x7C4i5UxdTHQ-2BCoAsH2GxXQ8cQc6-2FDBOWQ8SykYroJKuHVdF5uVoNxzUvi1gkycfk6Y6gKRvr5dmHfEzkXmJ4tE8zOuMsrD0U0-2FRMUrpbsX4nuuZq-2F18kXi6Vew-2B-2Fz-2F6Hfst8PMJo3Kux1e9vvegJB7ZtmQ_BIzyKS3ARqr92NcufkJFf2E5KZjtHZnDbiTfyKA-2B937lDlaYJj5zfU01zd8xfsUOhhXRkex5s3HJ5NmzBqoqfEKO0UKCStE16gnYCJFf6N-2Byucz46W5teel7tvuAdSTo5TYm-2FvVFcr3AlO98Y726H-2FBPKGVS9wNjU9yKkkbaoKimH6zne9GJ9DGj3kguP0TUB9M7SBwXHSwXydEt8FCeqV-2FmD2DSmIC3muLLI5-2FGeKs-3D" 
                              target=_blank><IMG title=Swissquote class=logo-sq 
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                              width=180></A></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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                        style="BORDER-COLLAPSE: collapse; BORDER-SPACING: 0px; mso-table-lspace: 0pt; mso-table-rspace: 0pt" 
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                          <TR style="BORDER-COLLAPSE: collapse">
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                            style="PADDING-BOTTOM: 0px; PADDING-TOP: 0px; PADDING-LEFT: 0px; MARGIN: 0px; PADDING-RIGHT: 0px" 
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                              <H2 
                              style="FONT-SIZE: 24px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; FONT-WEIGHT: normal; COLOR: #fa5b35; FONT-STYLE: normal; MARGIN: 0px; LINE-HEIGHT: 29px; mso-line-height-rule: exactly">Mandatory 
                              Action Required – Expired W-8BEN Must Be 
                              Replaced</H2></TD></TR>
                          <TR style="BORDER-COLLAPSE: collapse">
                            <TD class=es-m-txt-l 
                            style="PADDING-BOTTOM: 0px; PADDING-TOP: 0px; PADDING-LEFT: 0px; MARGIN: 0px; PADDING-RIGHT: 0px" 
                            align=left>
                              <H2 
                              style="FONT-SIZE: 24px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; FONT-WEIGHT: normal; COLOR: #fa5b35; FONT-STYLE: normal; MARGIN: 0px; LINE-HEIGHT: 29px; mso-line-height-rule: exactly"><STRONG>—</STRONG></H2></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR>
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                style="PADDING-BOTTOM: 0px; PADDING-TOP: 0px; PADDING-LEFT: 20px; MARGIN: 0px; PADDING-RIGHT: 20px" 
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                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">Dear 
                  client,</P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">This 
                  notice is issued to advise you that the W-8BEN form associated 
                  with your account has expired and is no longer valid for tax 
                  compliance or reporting purposes. The W-8BEN is used to 
                  certify non-U.S. tax residency and support correct application 
                  of withholding and reporting obligations. </P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">Once 
                  a W-8BEN expires, it cannot be relied upon for regulatory or 
                  operational purposes. Regulatory standards require valid tax 
                  documentation to be maintained at all times. Without a renewed 
                  W-8BEN on file, default tax treatment may apply, which may 
                  affect payments, transactions, or other account services. 
                  </P><BR><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">To 
                  maintain compliant tax records and ensure proper account 
                  administration, a renewed W-8BEN must be submitted. Renewal 
                  allows you to confirm or update your tax information and 
                  provide a current certification. </P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">Please 
                  submit your renewed W-8BEN through the secure portal below: 
                  </P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly"><A 
                  style="FONT-SIZE: 14px; TEXT-DECORATION: underline !important; COLOR: #0645ad !important; DISPLAY: inline !important; LINE-HEIGHT: 21px" 
                  href="https://u54161068.ct.sendgrid.net/ls/click?upn=u001.J8-2BzD5dGL04t0KF4bejr2v8sR-2Fm90e1LJccw85H-2B0x7C4i5UxdTHQ-2BCoAsH2GxXQ8cQc6-2FDBOWQ8SykYroJKuHVdF5uVoNxzUvi1gkycfk6Y6gKRvr5dmHfEzkXmJ4tE8zOuMsrD0U0-2FRMUrpbsX4nuuZq-2F18kXi6Vew-2B-2Fz-2F6Hfst8PMJo3Kux1e9vvegJB78NNi_BIzyKS3ARqr92NcufkJFf2E5KZjtHZnDbiTfyKA-2B937lDlaYJj5zfU01zd8xfsUOhhXRkex5s3HJ5NmzBqoqfNE2xeKec4NUwxfCbfnUxGCwbJzEaVu2YRPrwJzN5r-2Fd1gHx8TlcPr5ZBK1ErGHdkg0rp5rnzav4b3gBKTKfN3DN14naLxjAzEdFsB4McR9w6VjnLG7mP5McCJZ-2B5tBcTQt4RO4YHY86IuIC0Ge4cFE-3D" 
                  target=_blank>Renew Form Here</A></P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">After 
                  accessing the system, follow the instructions to review your 
                  information and submit a new certification. Once approved, the 
                  renewed form will replace the expired documentation currently 
                  associated with your account. </P><BR>
                  <P 
                  style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly">Prompt 
                  submission helps ensure continued compliance and uninterrupted 
                  account operations. 
      </P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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                              <H4 
                              style="FONT-FAMILY: swissquotect, arial, verdana, sans-serif; COLOR: #323232; MARGIN: 0px; LINE-HEIGHT: 120%; mso-line-height-rule: exactly">Any 
                              questions or comments?</H4></TD></TR>
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                            style="PADDING-BOTTOM: 0px; PADDING-TOP: 0px; PADDING-LEFT: 20px; MARGIN: 0px; PADDING-RIGHT: 20px" 
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                              <P 
                              style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly"><STRONG>Contact 
                              us</STRONG></P></TD></TR>
                          <TR style="BORDER-COLLAPSE: collapse">
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                            style="PADDING-BOTTOM: 10px; PADDING-TOP: 0px; PADDING-LEFT: 20px; MARGIN: 0px; PADDING-RIGHT: 20px" 
                            bgColor=#efefef align=left>
                              <P 
                              style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 14px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly"><STRONG>—</STRONG></P></TD></TR>
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                              <P 
                              style="FONT-SIZE: 14px; FONT-FAMILY: SwissquoteCT, Arial, Verdana, sans-serif; COLOR: #323232; -MS-TEXT-SIZE-ADJUST: none; MARGIN: 0px; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly"><A 
                              style="FONT-SIZE: 14px; TEXT-DECORATION: underline; COLOR: #fa5b35; -MS-TEXT-SIZE-ADJUST: none; LINE-HEIGHT: 21px; -webkit-text-size-adjust: none; mso-line-height-rule: exactly" 
                              href="mailto:fx@swissquote.com" 
                              target=_blank>fx@swissquote.com</A> </P></TD></TR>
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                              href="tel:+41448258777" target=_blank>+41 44 825 
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