Conditions of use of Autoinvest

These are the technical and legal conditions for the use of the Autoinvest functionality (Autoinvest Terms of Use) on the platform of Investown Technologies s.r.o. All terms in this document are either separately defined or assume the definitions contained in the General Terms and Conditions (GTC).

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1. Description of the function

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1.1 The company offers the function of Individual management of loan portfolios, the so-called. “Autoinvest”, on the basis of which, according to the selected objective criteria, Clients' funds are automatically invested in Projects meeting the selected criteria/parameters.

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1.2 Investors can set the following parameters and their values for the Autoinvest function:

1. the maximum amount of investment in one project;
2. the maximum length of the investment;
3. maximum amount of LTV;
4. choice of rating categories; possible to select any number of categories to invest in
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1.3 If the parameters of several offered Projects are matched, Autoinvest distributes the Client's investment equally among all corresponding projects, depending on the minimum investment in the project, the setting of the maximum investment in the project in the Autoinvest settings, the Client's wallet status and other parameters. If it is not possible to distribute the investments evenly, Autoinvest will make an investment in the investment opportunity that is published on the Platform for the longest time.

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2. Change settings

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2.1 Parameter settings within the Autoinvest function can be adjusted at any time or completely turned off. Any of the set parameters of the AutoInvest function can be adjusted.

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2.2 In the Autoinvest settings section, it is possible to determine if the function is currently on/off according to the indicator.

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3. Autoinvest activity

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3.1 In the subsection Autoinvest Activity it is possible to track the activity of this function, i.e. primarily the number of transactions made by Autoinvest on behalf of the Client and their aggregate value.

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3.2 In the Portfolio section, the Client can use the filter to view his current portfolio of all the Investments in which Autoinvest has invested.

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4. Withdrawal from Investments

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4.1 It is possible to withdraw from any Investment within 4 days, according to the conditions stipulated in the GTC. For the purposes of Autoinvest, there are no different rules for withdrawing from the Investment.

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4.2 In the event of withdrawal from any investment made through Autoinvest, the project is identified in the system as unsuitable for the Investor and Autoinvest will no longer place it in automatic investment for that Investor.

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5. Rules and mechanisms of automatic investments

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5.1 The Instrument invests on behalf of Investors at the time of the launch of Autoinvest and in the following situations and according to the following rules:

1. if a new Project is published, the tool compares the settings of the parameters of the Clients that have the function turned on and the parameters of the Project, and on the basis of this comparison makes or does not make the Investment of Investors according to their random order
2. if the Client's wallet status changes and thus exceeds the minimum investment threshold (CZK 500), the tool compares the parameter settings of all Projects on the Platform and makes or does not make an Investment based on this comparison
3. if the client's Autoinvest parameter settings are changed, the tool compares the parameter settings of all Projects on the Platform and makes or does not make an Investment based on this comparison
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5.2 If, during an individual run (launch), Autoinvest cannot invest in all available opportunities (corresponding to the set parameters), based on the parameters, minimum investment or the client's wallet status, it invests in those that have been on the platform for the longest time (see section 1.4).

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5.3 Autoinvest will not exceed the maximum amount of investment in one project according to Autoinvest parameters. The maximum amount of investment applies to the entire Project, in the sum of all its Stages and Tranches.

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5.4 The system stores every change in user parameters and activation of the Autoinvest function for a long time, for at least 3 years.

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5.5 For a long time, the system stores a detailed log of all actions performed by Autoinvest on behalf of the Client, for at least 3 months.

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5.6 For a long time, the system stores the history of investments made by Autoinvest on behalf of the Client in the same way as standard manual investments (see GTC).

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5.7 These technical parameters of the sub-application can be updated unilaterally by the Operator. Due to possible necessary technical modifications, the Operator reserves the right to change these technical conditions with effect from the date following the notification of such change.

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6. Legal information

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6.1 The Company is not responsible for any malfunction of Autoinvest functionality, especially in situations where the Investor's funds are not automatically invested in a Project that would otherwise meet the set criteria. The Company is also not liable for any direct or indirect damages that may arise to the Investor as a result of the failure of this functionality.

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6.2 By turning on the Autoinvest function, the Client declares that he understands the risks and specifics associated with automated investing. Prior to activating this feature, you confirm your informed consent to the current versions of these Terms. The Client is obliged to familiarize himself with these Terms and Conditions, and any ignorance or omission is not a reason for claiming against the Company. The Company is not responsible for the selection of specific Projects in which the funds will be invested.

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6.3 All statistical data or calculations available within the Autoinvest function are for informational purposes only and cannot be construed as a guarantee of return, success of investments or a specific number of investments made. The Client is informed that Autoinvest's recommendations and investment decisions are based on algorithms that may change over time depending on technical and security updates of the system.

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6.4 The Company reserves the right to unilaterally change these Terms at any time, primarily due to technical modifications or changes in the functionality of Autoinvest. In the event of significant changes that affect the investment strategy or the operation of the function, the Client will be notified of such changes at least 5 days before the effective date of the change, through the Platform or in any other appropriate manner. Minor technical changes will be notified at least 1 day prior to effective date. Changes that govern Autoinvest's functionality, but do not conflict with these terms and conditions, may be amended by the Company with immediate effect.

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6.5 The Company is not responsible for situations where Autoinvest does not invest in the expected number of projects, nor for the fact that uninvested and interest-free funds remain in the Investor's wallet, regardless of whether the Investor sends the amount recommended by the Company or not.

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6.6 The company reserves the right to disable the Autoinvest function at any time. In this case, Clients will be aware of the shutdown of the function and the moment of the effective shutdown always in advance or immediately after the shutdown. The funds invested will remain invested, new investments will not be made.

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6.7 The Company undertakes to retain data on Autoinvest settings and to log all investments in detail in accordance with applicable legislation, including Regulation (EU) 2016/679 on the Protection of Personal Data (GDPR). The Client acknowledges that the data relating to its investment activities will be stored for the minimum period specified in these Terms and Conditions, while the Company takes all measures to ensure the confidentiality and security of such data.

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