Property Owner's Declaration

Amantius employs a blockchain-backed fractional ownership model. Each property listed on the platform is tokenised into a defined number of ownership shares represented by non-fungible tokens (NFTs) on a secure, audited smart-contract infrastructure. Ownership of an NFT constitutes a legally recognised fractional interest in the underlying real estate asset, subject to the terms of the trust or special-purpose vehicle ("SPV") established for that property.

• Each NFT represents a specific, fixed percentage share of the property's net equity.
• Title to the underlying property is held by an Amantius-managed SPV or trust entity registered under applicable UAE law.
• On-chain records serve as the primary register of ownership; changes in ownership are effected through verified smart-contract transactions.
• The blockchain record is publicly verifiable and immutable, providing transparent proof of ownership at all times.

As a registered Owner on the Amantius platform, you are entitled to the following rights proportionate to your ownership share:

In consideration of the rights granted above, each Owner agrees to the following obligations:

• KYC / AML Compliance: Maintain current, valid identity verification and source-of-funds documentation as required by Amantius and applicable anti-money-laundering regulations. Failure to maintain compliant KYC status may result in suspension of distributions and ownership rights.
• Platform Rules: Abide by the Amantius Terms of Service, Acceptable Use Policy, and any property-specific house rules at all times.
• UAE Property Law: Comply with all applicable UAE federal and emirate-level legislation governing real estate ownership, including any foreign ownership restrictions and registration requirements.
• No Unauthorised Encumbrances: Owners may not pledge, mortgage, or otherwise encumber their ownership share without prior written consent from Amantius.
• No Direct Occupation Without Booking: Physical access to properties is governed exclusively through the platform booking system. Owners may not access any property independently of the credit-booking process.
• Notification of Changes: Promptly notify Amantius of any changes to your legal name, address, tax residency, or beneficial ownership structure.

By acquiring an ownership share, each Owner irrevocably appoints Amantius (or its designated property management subsidiary) as exclusive managing agent for the property for the duration of their ownership. This appointment covers:

• Day-to-day operations: maintenance, housekeeping, utilities, and concierge services.
• Guest and member check-in/check-out management.
• Short-term rental listing and guest vetting on approved platforms.
• Insurance procurement and claims management on behalf of all Owners.
• Annual budgeting and reserve fund management.
• Liaison with the relevant owners' association, building management, and UAE authorities.

Management fees are disclosed in the Ownership Terms & Conditions and in each property's information memorandum. Amantius acts as a fiduciary in its management capacity and is obliged to act in the collective best interests of all Owners.

Amantius is committed to full transparency in all ownership and financial matters:

• On-Chain Record: Every ownership transfer and issuance is recorded immutably on the blockchain and is publicly verifiable.
• Quarterly Reports: Detailed income and expenditure statements, occupancy rates, and maintenance summaries delivered to all Owners within 30 days of each quarter end.
• Annual Audited Accounts: Full financial statements audited by an independent, licensed audit firm made available to all Owners annually.
• Property Valuations: Independent market valuations conducted at least annually and made available to Owners.
• Audit Rights: Owners representing 10% or more of a property's shares may request an extraordinary audit at reasonable notice. Costs are shared pro rata among requesting owners.
• Fee Disclosure: All fees, charges, and commissions are disclosed in full in the property information memorandum before purchase and updated upon any change.

This Declaration is governed by and construed in accordance with the laws of the United Arab Emirates, with particular reference to the laws and regulations of the Dubai International Financial Centre (DIFC) where applicable.

Any dispute, controversy, or claim arising out of or relating to this Declaration, including questions regarding its existence, validity, or termination, shall be resolved as follows:

• Step 1 — Negotiation: The parties shall first attempt to resolve the dispute amicably through good-faith negotiation within 30 days of written notice.
• Step 2 — Mediation: If negotiation fails, the parties shall submit to non-binding mediation administered by the DIFC-LCIA Arbitration Centre.
• Step 3 — Arbitration: If mediation is unsuccessful, the dispute shall be finally resolved by binding arbitration under the DIFC-LCIA Arbitration Rules. The seat of arbitration shall be Dubai, DIFC. The language of proceedings shall be English.

Nothing in this clause prevents either party from seeking urgent injunctive or interim relief from a competent court to protect its rights pending arbitration.