TERMS AND CONDITIONS OF THE CAMPAIGN (“TERMS AND CONDITIONS”)

This Campaign is held by Axiata Digital eCode Sdn. Bhd. (Company Reg. No. 201701000820 (1214970-T)) (“eCode”) in collaboration with Webull Securities (Malaysia) Sdn. Bhd. (Company Reg. No. 202101039706 (1440006-T)) (“Webull”), (collectively referred to as the “Organiser”). By participating in the Campaign, Customer (as hereinafter defined) hereby agrees to be bound by the Terms and Conditions which shall form an integral part of and to be read together with Boost Terms and Conditions, Boost Campaign General Terms and Conditions, and Boost Loyalty Programme “BoostUp” Terms and Conditions.

In the event of a conflict or inconsistency between the Terms and Conditions, such inconsistency shall be resolved by giving precedence in the following decreasing order (i) these terms and conditions; (ii) Boost Loyalty Programme “BoostUp” Terms and Conditions; (iii) Boost Campaign General Terms and Conditions; and (iv) Boost Terms and Conditions.

1. Definitions

1.1 In this Terms and Conditions, unless the context otherwise requires:

1.1.1 “Account” refers to successful signed up applications for an account with Webull via mobile Webull application (“Webull App”) or desktop application, using email or mobile number.

1.1.2 “Campaign Period” refers to Section 2 of this Terms and Conditions which is the duration of the campaign, as may be amended by the Organiser from time to time;

1.1.3 “Derivatives” refers to the account that the Customer uses to trade Bursa Malaysia and global futures.

1.1.4 “Securities” refers to the account that the customer uses to trade stocks and ETFs listed on Bursa Malaysia, as well as on the US and Hong Kong Stock Exchanges.

1.1.5 “Webull Landing Page” refers to the designated webpage that a customer is directed to upon clicking the unique link displayed on Boost promotional landing page.

1.1.6 “Trading Account” refers to a brokerage account with Webull which shall be available for activation upon successful Account application.

1.1.7 “TSLA” refers to Tesla Inc., which is listed on the Nasdaq Stock Exchange.

2. The Campaign Period

2.1 This Campaign commences on 3rd July 2025 at 00:00 a.m. MYT and ends on 30th September 2025 at 11:59 p.m. MYT (“Campaign Period”).

3. Eligibility

3.1 This Campaign is applicable to all users of the Boost mobile application (“Boost App”) who fulfil the following criteria:

a. aged 18 and above; and
b. a new user of Webull App who has not previously opened or closed an Account with Webull.

(The eligible users are collectively referred to as “Customers”, each a “Customer”.)

3.2 For the avoidance of doubt, the Customers may concurrently participate in other campaigns and promotions organised by Webull, except the Welcome Reward Monthly Deposit Campaign (T&C: https://www.webull.com.my/activity). For the avoidance of doubt, if a Customer is eligible under this Campaign, the Customer will not be eligible for funding rewards under the Webull’s Welcome Reward Monthly Deposit Campaign but remain eligible for the sign-up rewards, account opening rewards and fund & trade rewards as specified in Webull’s Terms and Conditions (https://www.webull.com.my/, refer to Promotion tab).

3.3 Employees, representatives, and agents of Webull are not eligible to participate in this Campaign.

4. Campaign Mechanics

4.1 Tier 1 - 20,000 Boost Stars

4.1.1 Customers must sign up for an account with Webull through the unique link provided on the Boost promotional landing page for this Campaign (“Unique Link”). For the avoidance of doubt, failure to complete the sign-up via the designated unique link will disqualify the Customer from participating in this Campaign.

4.1.2 Upon clicking the Unique Link, Customers will be directed to Webull Landing Page. Customers must click “Register Now” and complete the registration process. Upon completion of the registration process, Customers must download Webull App to proceed with the Trading Account opening application.

4.1.3 20,000 Boost Stars will be credited to the Customer in the Customer’s Boost App within 30 working days upon completion of the Trading Account opening via the Webull App,  

4.1.4 For the avoidance of doubt, completion of the Trading Account opening refers to the passing of eKYC verification and submitting the necessary updated information required for opening a Trading Account.

4.2 Tier 2 - 30,000 Boost Stars

4.2.1 Customers must successfully deposit a cumulative amount of RM100 into the Trading Account to be eligible.

4.2.2 30,000 Boost Stars will be credited to the Customer in the Customer’s Boost App within 30 working days upon successful cumulative deposit of RM100. For the avoidance of doubt, Customer will only receive the 30,000 Boost Stars upon successful cumulative of first RM100 only.

4.3 Tier 3 - 150,000 Boost Stars

4.3.1 Customers must deposit and maintain a cumulative net deposit of at least RM2,000 for a continuous period of thirty (30) calendar days, commencing from the date the RM2,000 net deposit threshold is met.

4.3.2 For clarity:

a) No part of the RM2,000 cumulative deposit may be withdrawn during the 30-day period.
b) Once the 30-day period begins, the net cumulative deposit must not fall below RM2,000 at any time, failing which the Customer will be disqualified from receiving the 150,000 Boost Stars.
c) Funds may be transferred between the Securities and Derivatives accounts, provided that no withdrawal is made. For the avoidance of doubt, any trading activities and fluctuations in securities holdings will not affect Customer’s eligibility for the 150,000  Boost Stars.

4.3.3 Upon successful fulfilment of the above condition, 150,000 Boost Stars will be credited to the Customer’s Boost App within thirty (30) working days following the completion of the 30-day period.

5. Monthly Lucky Draw - 800,000 Boost Stars

5.1 In addition to the 150,000 Boost Stars, all Tier 3 eligible Customers (“Eligible Customers”) will be automatically entered into a monthly lucky draw for the respective month and stand a chance to win 800,000 Boost Stars (“Rewards”).

5.2 Five (5) Eligible Customers will be randomly selected by eCode as winners (“Winners”) for of each respective month throughout the Campaign Period. A maximum of fifteen (15) Winners will be selected throughout the Campaign Period.

5.3 Winners will be notified via announcement from Boost’s official social media accounts and email notification. The Rewards will be credited into the respective Winners’ Boost accounts within thirty (30) working days from the date of receipt of the email.

6. Additional Terms

6.1 The Terms and Conditions form part of the client agreement between Customers and Webull, a Capital Markets Services License (CMSL) holder under the Capital Markets and Services Act 2007 (License No: eCMSL/A0399/2024) and is regulated by the Securities Commission Malaysia.

6.2 This Campaign may contain advertisement, however, shall not constitute investment advice or a solicitation to invest.

6.3 All credited Boost Starts are subject to the Boost Loyalty Programme (“BoostUP”) Terms and Conditions and must be utilized within ninety (90) days from the date of receipt. Any unused Boost Stars will automatically expire without notice, and the Winner shall have no claim whatsoever against the Organiser for any expired stars.

6.4 The Boost Stars are non-transferable, non-exchangeable, and cannot be redeemed for cash or any other alternatives.

6.5 The Organiser reserve the right to amend, suspend or terminate this Campaign or any part thereof at any time without prior notice. In such an event, the Organiser shall not be liable for any loss or inconvenience suffered by the Customer.

6.6 The Organiser reserves the right to disqualify any Customer from this Campaign and/or forfeit any Boost Stars if there is reasonable suspicion of fraud, abuse, or any non-compliance with the Terms & Conditions.

6.7 The Organiser shall not be liable for any failure or delay in the crediting or utilization of the Boost Stars due to technical errors, system downtime, network failures, or any other circumstances beyond its reasonable control.

6.8 Past investment performance is not indicative of future returns. Investments carry risks, including potential loss of capital. The Organiser shall not be liable for any loss or damage arising from participation in this Campaign.

6.9 The Terms & Conditions shall be governed by and construed in accordance with the laws of Malaysia, and the courts of Malaysia shall have exclusive jurisdiction in the event of any dispute arising from or in connection with this Campaign.

6.10 This Campaign and/or advertisement has not been reviewed by the Securities Commission Malaysia.

7. Illustrations for Tier 3 - for reference only:

(i) Customer A deposited RM1,000 on Day 1 of the Campaign Period. Subsequently, Customer A deposited an additional RM500 and RM500 on Day 3 and Day 6, respectively. The 30-day net deposit maintenance period begins on the day when Customer A meets the RM2,000 net deposit threshold, which in this case is Day 6 of the Campaign.

(ii) Customer B deposited RM2,000 during the Campaign Period and fully utilised this amount for trading activities. Following the trades, the account value decreased to RM1,000. Despite the decrease in value, Customer B remains eligible to receive the 150,000 Boost Stars.

(iii) Customer C deposited RM6,000 during the Campaign Period and utilised RM2,000 for trading purposes. Subsequently, Customer C made a withdrawal of RM4,000 at some point during the Campaign Period within the 30-day net deposit maintenance period. Despite the withdrawal, Customer C remains eligible to receive the 150,000 Boost Stars.

(iv) Customer D deposited RM2,000 during the Campaign Period but subsequently withdrew RM1,000 at a certain point within the Campaign Period within the 30-day net deposit maintenance period. Due to the net deposit falling to RM1,000 after the withdrawal, Customer D is disqualified from receiving the 150,000 Boost Stars.

(v) Customer E deposited RM10,000 during the Campaign Period. However, at a certain point within the Campaign Period within the 30-day net deposit maintenance period, Customer E withdraws RM9,000. Subsequently, Customer E made another deposit of RM1,000 within the same Campaign Period within the 30-day net deposit maintenance period. As a result of the net deposit dropping below RM2,000 for the required 30-day net deposit maintenance duration, Customer E is disqualified from receiving the 150,000 Boost Stars. The 30-day period begins from the day Customer E meets the RM5,000 net deposit threshold.

(vi) Customer F deposited RM2,000 during the Campaign Period and utilised either a partial or full amount for trading purposes. User F made a realised profit of RM1,000. Subsequently, Customer F made a partial or full withdrawal of RM1,000 during the Campaign Period within the 30-day net deposit maintenance period. Customer F is disqualified from receiving the 150,000 Boost Stars. Any realised profit (including interest earned) from trading is not considered part of your net cumulative deposit.

(vii) Customer G deposited RM2,000 during the Campaign Period. Customer G received a TSLA share from the existing referral campaign and sold it. User G subsequently made a partial or full withdrawal of sales proceeds of the TSLA during the Campaign Period within the 30-day net deposit maintenance period. Customer G is disqualified from receiving the 150,000 Boost Stars. Please note that withdrawing any sales proceeds may affect the Customer’s eligibility, as these sales proceeds from awarded shares are not counted as 'additions' to the overall net cumulative deposit. Instead, any amount withdrew will be considered when calculating the Customer’s cumulative net deposit.

(viii) Customer H deposited RM2,000 during the Campaign Period. Customer H received interest of RM10. Customer H withdrew the RM10 interest within the 30-day net deposit maintenance period. Customer H is disqualified from receiving the 150,000 Boost Stars because he net deposit is considered to be RM1,990, despite the actual balance in the Trading Account being RM2,000.  

(ix) At the beginning of the Campaign, Customer I made an initial deposit of RM500 and subsequently withdrew RM600 (which includes cash rewards/ sales proceeds of stocks or shares or any rewards awarded from Webull’s other campaigns). Customer I then deposited an additional RM2,000. Customer I is disqualified from receiving the 150,000 Boost Stars because the net deposit amounts to RM1,900 (RM500 - RM600 + RM2,000), falling short of the Campaign's requirement for a net deposit of RM2,000.

8. Enquiries

For any enquiries or assistance regarding this Campaign, please contact Boost Customer Support via the app or visit https://myboost.co/personal/campaign-terms-condition.