English version
Effective Date: September 28, 2026 Roxom Markets S.A. de C.V. is a company incorporated and registered in the Republic of El Salvador, registered in the Commercial Registry under number 196 of book 4894, with Tax Identification Number (NIT) 0623-210524-104-6, and domiciled at Cuscatlán 4312, Colonia Escalón, San Salvador, San Salvador Centro, San Salvador, El Salvador. These Terms and Conditions (the “ReFi T&C”) govern participation in the BLOC ReFi campaign (the “Campaign”) organized by Roxom Markets S.A. de C.V. (hereinafter, the “Company”, “Roxom”, the “Platform”, “we” or “our”) for users who meet the eligibility requirements set forth in these ReFi T&C (the “User” or “you”). The Company is duly authorized to operate as a Digital Asset Service Provider (PSAD) and provides the BTC Backed Loans product, through which the Campaign is implemented, within the scope of activities permitted to digital asset service providers under Article 19 of the Digital Asset Issuance Law of the Republic of El Salvador, without it constituting a deposit, bank account, or activity subject to Salvadoran banking legislation. If the User does not agree with any of the terms set forth herein, the User shall refrain from participating in the Campaign.1. The Campaign
1.1 The Campaign allows eligible Users to refinance one existing bitcoin-backed loan held with another lender (the “Existing Loan”) by moving it to Roxom’s BTC Backed Loans product (“BLOC”), and to receive the benefit described in Section 5. 1.2 The loan granted by Roxom to refinance the Existing Loan (the “Refinanced Loan”) is a BLOC Credit Line and is governed by the Terms and Conditions: BTC Backed Loans and its Product Annex (the “BLOC T&C”) and by Roxom’s General Terms and Conditions. These ReFi T&C only add the Campaign-specific rules below. In case of conflict, these ReFi T&C prevail solely with respect to the Campaign; they do not modify the Security Interest, Margin Call or Liquidation provisions of the BLOC T&C. 1.3 Capitalized terms not defined here have the meaning given in the BLOC T&C.2. Campaign period
The Campaign runs from September 28, 2026 until December 31, 2026, or until earlier termination under Section 9. The refinancing request must be submitted, and the Refinanced Loan originated, within that period.3. Eligibility
3.1 To participate, the User must: (a) hold an active Roxom account with complete KYC or KYB;(b) be the borrower of record of the Existing Loan, in the same name as the Roxom account;
(c) have an Existing Loan collateralized with BTC, outstanding and in good standing; and
(d) meet the requirements of the BLOC T&C. 3.2 One loan, first loan. The Campaign applies to one (1) Existing Loan per User, and only to the User’s first Refinanced Loan. Any later refinancing, Expansion or additional Credit Line is governed exclusively by the BLOC T&C, without Campaign benefits. 3.3 Proof of the Existing Loan. The User must provide evidence of the Existing Loan satisfactory to Roxom, including a recent statement or payoff quote issued by the other lender showing the outstanding balance, the collateral and the applicable rate. Roxom may request additional information at any time. 3.4 Restricted jurisdictions. The Campaign is not available in, to residents of, or to users accessing from the United States, Iran, Myanmar, North Korea, China, Russia, or any other jurisdiction restricted under Roxom’s General Terms and Conditions, nor where offering it would require a license Roxom does not hold. 3.5 Minimum and maximum amounts. The minimum and maximum amounts of the Refinanced Loan are those set in the BLOC Product Annex in force at origination, unless Roxom approves a higher maximum amount in writing.
4. How refinancing works
4.1 The User submits a request through the ReFi hotline or at roxom.com/refi. Roxom reviews each request case by case and informs the User of the proposed amount, the resulting LTV and the steps required. Submitting a request does not oblige Roxom to grant a loan, nor the User to take one. Roxom may reject any request at its discretion or as required by law. 4.2 The User remains solely responsible for the Existing Loan until it is fully repaid, including any fees charged by the other lender. Roxom has no relationship with and is not responsible for any act, delay or omission of the other lender.5. Benefit: first month of interest
5.1 The Refinanced Loan accrues interest from origination in accordance with Section 9 of the BLOC T&C. If the Refinanced Loan remains active on the date on which twelve (12) months have elapsed from its origination (the “Rebate Date”), Roxom will rebate one hundred percent (100%) of the interest accrued during the first thirty (30) days of the Refinanced Loan, calculated on the principal outstanding on the seventh (7th) day following origination. Any increase in principal after that day is excluded. The rebate will be credited to the User’s Roxom account, in the same stablecoin as the Refinanced Loan. 5.2 Twelve-month condition. The Refinanced Loan is considered active as long as it has not been fully repaid, fully liquidated or terminated; partial repayments and partial Liquidations do not affect this condition. If the Refinanced Loan ceases to be active before the Rebate Date, for any reason, the User will not be entitled to the rebate, and no amount will be owed by either party on that account.6. Rate and hotline
6.1 The Refinanced Loan bears the Rate in force under the BLOC Product Annex at origination, currently 7.25% APR, variable in accordance with Section 9 of the BLOC T&C. 6.2 Information given through the hotline, the savings calculator or any Campaign material is general and illustrative, and is not financial, tax or legal advice. Savings estimates do not include fees of the other lender, network fees or taxes. Nothing said in those channels modifies these ReFi T&C or the BLOC T&C. 6.3 Margin Call contact. Where a Refinanced Loan reaches the Margin Call threshold, Roxom may attempt to contact the User by phone. Any such contact is a discretionary courtesy and not an obligation of Roxom. The User expressly acknowledges and accepts that: (a) the Collateral may be liquidated, in whole or in part, in accordance with Section 8 of the BLOC T&C, whether or not Roxom has attempted to contact the User, has reached the User, or the User has responded; (b) no call, message or conversation modifies the Margin Call or Liquidation thresholds, extends the Cure Window, suspends or delays the Liquidation, or constitutes a waiver of Roxom’s rights; (c) the User remains solely responsible for monitoring the LTV of the Refinanced Loan and keeping their contact details up to date; and (d) Roxom shall not be liable for any loss arising from the absence, delay or outcome of any contact.7. Risks
In addition to the risks in the BLOC T&C, the User acknowledges that BTC prices may move during the refinancing, that the other lender may delay the release of collateral or charge fees, that transfers between platforms carry operational risks, and that refinancing may have tax consequences. The decision to refinance is the User’s own.8. Disqualification
Roxom may disqualify a User and reverse the Campaign benefit if the User provides false or incomplete information about the Existing Loan, uses the Campaign abusively (including through multiple accounts), or breaches these ReFi T&C, the BLOC T&C or applicable law.9. Modification and termination
Roxom may modify, suspend or terminate the Campaign at any time by publishing the change on its website. Changes will not affect Refinanced Loans already originated or benefits already accrued, except in cases of fraud or breach.10. Limitation of liability
10.1 Section 15 of the BLOC T&C applies to the Campaign. In addition, Roxom shall not be liable for: (i) acts, omissions, delays or insolvency of the other lender; (ii) errors in information, payment instructions or addresses provided by the User or the other lender; or (iii) any difference between estimated and actual savings. 10.2 In no event shall Roxom’s total accumulated liability to the User under these ReFi T&C exceed the amount of interest actually paid by the User in the twelve (12) months prior to the event giving rise to the loss.11. Dispute resolution and applicable law
11.1 Any dispute that may arise under these ReFi T&C shall be resolved in accordance with the procedure established in Section 26 of the General T&C: through direct negotiation and, if no agreement is reached, arbitration at law administered by the Mediation and Arbitration Center of the Chamber of Commerce and Industry of El Salvador, headquartered in San Salvador, Republic of El Salvador. The language of the arbitration shall be Spanish. 11.2 These ReFi T&C are governed by the regulations in force in the Republic of El Salvador.12. General provisions
12.1 Assignment. The User may not assign, sell, or transfer their rights or obligations under these ReFi T&C, including the Campaign benefits. Roxom may assign or transfer these ReFi T&C in accordance with clause 22.2 of the General T&C. 12.2 Severability. If any clause of these ReFi T&C is deemed null or unenforceable, such clause shall be severable without affecting the validity of the remaining clauses. 12.3 Survival. The twelve-month condition (Section 5.2), the limitations of liability (Section 10), the dispute resolution and applicable law provisions (Section 11), and any other provision that by its nature is intended to remain in force, shall survive the end of the Campaign and the termination of the Refinanced Loan. 12.4 Relationship with the BLOC T&C and the General T&C. These ReFi T&C complement the BLOC T&C and the General T&C. In matters not specifically regulated by these ReFi T&C, the BLOC T&C and, subsidiarily, the General T&C apply. In the event of discrepancy regarding the Campaign, these ReFi T&C prevail. 12.5 Communications. All notifications and communications under these ReFi T&C shall be made in accordance with Section 23 of the General T&C. Questions about the Campaign may be sent to legal@roxom.com. 12.6 Taxes. Section 17.6 of the BLOC T&C applies to the Campaign, including to the benefits under Section 5.Versión en español
Fecha de Entrada en Vigencia: 28 de septiembre de 2026 Roxom Markets S.A. de C.V. es una sociedad constituida y registrada en la República de El Salvador, inscrita en el Registro de Comercio bajo el número 196 del libro 4894, con Número de Identificación Tributaria (NIT) 0623-210524-104-6, y domiciliada en Cuscatlán 4312, Colonia Escalón, San Salvador, San Salvador Centro, San Salvador, El Salvador. Los presentes Términos y Condiciones (los “T&C ReFi”) regulan la participación en la campaña BLOC ReFi (la “Campaña”) organizada por Roxom Markets S.A. de C.V. (en adelante, la “Compañía”, “Roxom”, la “Plataforma”, “nosotros” o “nuestro”) para los usuarios que cumplan los requisitos de elegibilidad establecidos en estos T&C ReFi (el “Usuario” o “usted”). La Compañía se encuentra debidamente autorizada para operar como Proveedor de Servicios de Activos Digitales (PSAD) y presta el producto BTC Backed Loans, a través del cual se implementa la Campaña, dentro del ámbito de actividades permitidas a los proveedores de servicios de activos digitales conforme al artículo 19 de la Ley de Emisión de Activos Digitales de la República de El Salvador, sin que ello constituya un depósito, una cuenta bancaria ni una actividad sujeta a la legislación bancaria salvadoreña. Si el Usuario no está de acuerdo con alguno de los términos aquí establecidos, deberá abstenerse de participar en la Campaña.1. La Campaña
1.1 La Campaña permite a los Usuarios elegibles refinanciar un (1) préstamo existente garantizado con bitcoin que mantengan con otro prestamista (el “Préstamo Existente”), trasladándolo al producto BTC Backed Loans de Roxom (“BLOC”), y recibir el beneficio descrito en la Sección 5. 1.2 El préstamo otorgado por Roxom para refinanciar el Préstamo Existente (el “Préstamo Refinanciado”) es una Línea de Crédito BLOC y se rige por los Términos y Condiciones: BTC Backed Loans y su Anexo de Producto (los “T&C BLOC”) y por los Términos y Condiciones Generales de Roxom. Estos T&C ReFi únicamente agregan las reglas específicas de la Campaña que se indican a continuación. En caso de conflicto, estos T&C ReFi prevalecerán exclusivamente respecto de la Campaña; no modifican las disposiciones sobre Garantía, Llamado de Margen o Liquidación de los T&C BLOC. 1.3 Los términos en mayúscula no definidos en el presente tienen el significado que se les asigna en los T&C BLOC.2. Período de la Campaña
La Campaña se extiende desde el 28 de septiembre de 2026 hasta el 31 de diciembre de 2026, o hasta su terminación anticipada conforme a la Sección 9. La solicitud de refinanciación deberá presentarse, y el Préstamo Refinanciado originarse, dentro de dicho período.3. Elegibilidad
3.1 Para participar, el Usuario deberá: (a) contar con una cuenta activa en Roxom con KYC o KYB completo;(b) ser el prestatario registrado del Préstamo Existente, a nombre del mismo titular de la cuenta en Roxom;
(c) tener un Préstamo Existente garantizado con BTC, vigente y al día; y
(d) cumplir con los requisitos de los T&C BLOC. 3.2 Un préstamo, primer préstamo. La Campaña aplica a un (1) Préstamo Existente por Usuario, y únicamente al primer Préstamo Refinanciado del Usuario. Cualquier refinanciación posterior, Ampliación o Línea de Crédito adicional se regirá exclusivamente por los T&C BLOC, sin los beneficios de la Campaña. 3.3 Acreditación del Préstamo Existente. El Usuario deberá aportar evidencia del Préstamo Existente que resulte satisfactoria para Roxom, incluyendo un estado de cuenta reciente o una cotización de cancelación emitida por el otro prestamista en la que consten el saldo pendiente, la garantía y la tasa aplicable. Roxom podrá solicitar información adicional en cualquier momento. 3.4 Jurisdicciones restringidas. La Campaña no está disponible en, para residentes de, ni para usuarios que accedan desde Estados Unidos, Irán, Myanmar, Corea del Norte, China, Rusia, ni cualquier otra jurisdicción restringida conforme a los Términos y Condiciones Generales de Roxom, ni en aquellos casos en que ofrecerla requiera una licencia de la que Roxom no sea titular. 3.5 Montos mínimos y máximos. Los montos mínimo y máximo del Préstamo Refinanciado son los establecidos en el Anexo de Producto BLOC vigente al momento de la originación, salvo que Roxom apruebe por escrito un monto máximo superior.