Regulatory Disclosures

CoverPay Inc. is a financial technology company that provides BNPL aggregation and routing services. CoverPay is incorporated in the State of Delaware.

Hedge Liquidity Services LLC provides payment infrastructure, settlement, and liquidity services for the CoverPay platform. Hedge is a registered Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN).

CoverPay is not a bank. CoverPay does not accept deposits, issue loans directly (except through its native BNPL product backed by Hedge Liquidity Services), or provide banking services. CoverPay acts as a technology platform that connects consumers with third-party BNPL financing providers.

When you use CoverPay to obtain financing, the credit is extended by the BNPL provider you select (e.g., Klarna, Affirm, Afterpay, or PayPal), not by CoverPay. Each provider is independently licensed and regulated.

CoverPay's native financing product is offered through Hedge Liquidity Services and is subject to separate terms and regulatory requirements disclosed at the time of the offer.

The BNPL providers available through CoverPay are independently licensed and regulated entities:

• Klarna: Klarna Inc. is licensed in various states. Klarna Bank AB is authorized by the Swedish Financial Supervisory Authority.
• Affirm: Affirm, Inc. (NMLS #1883087). Loans are made or arranged pursuant to California Finance Lender License.
• Afterpay: Afterpay (US), Inc. Afterpay is a financial product issued by Afterpay and does not charge interest.
• PayPal Pay Later: PayPal, Inc. (NMLS #910457). PayPal Pay in 4 is available to eligible customers.

CoverPay does not guarantee the availability of any specific provider. Provider availability may vary by state, transaction amount, and individual eligibility.

When you apply for BNPL financing through CoverPay, the following may occur:

• Soft Credit Inquiries: CoverPay and/or providers may perform soft credit checks to pre-qualify you. Soft inquiries do not affect your credit score.
• Hard Credit Inquiries: Certain providers (particularly for monthly installment plans) may perform hard credit inquiries that could affect your credit score. This will be disclosed before you proceed.
• Alternative Data: Some providers use alternative data sources (bank account history, spending patterns) in addition to or instead of traditional credit reports.

Approval decisions are made independently by each BNPL provider based on their own underwriting criteria. CoverPay does not guarantee approval by any provider.

BNPL products offered through CoverPay may include:

• Pay in 4: Typically 0% APR, split into 4 equal payments over 6-8 weeks. Late fees may apply.
• Monthly Installments: APR ranges from 0% to 36% depending on the provider, your creditworthiness, and the transaction amount. Terms range from 3 to 60 months.
• CoverPay Native: Terms and APR are disclosed at the time of the offer. Maximum APR does not exceed applicable state usury limits.

All APR and fee information is presented to you before you confirm any transaction. You are never obligated to accept an offer.

CoverPay and Hedge Liquidity Services comply with the Bank Secrecy Act (BSA) and applicable anti-money laundering regulations. We maintain a comprehensive AML/KYC program that includes:

• Customer identification and verification
• Screening against OFAC sanctions lists
• Suspicious activity monitoring and reporting
• Record-keeping in accordance with federal requirements
• Ongoing employee training

By using CoverPay, you consent to receive electronic communications from us, including account notifications, transaction confirmations, legal disclosures, and other information required by law. You may withdraw consent by contacting us, though this may limit your ability to use the Services.

If you have a complaint about CoverPay's services, please contact us at:

CoverPay Inc.
Complaints Department
Email: complaints@coverpayme.com

For complaints regarding a specific BNPL provider, please contact that provider directly. You may also file complaints with:

• Consumer Financial Protection Bureau (CFPB): consumerfinance.gov
• Your state Attorney General's office
• Your state's Department of Financial Institutions or equivalent regulator

Additional disclosures may apply based on your state of residence. CoverPay complies with all applicable state lending and consumer protection laws. Specific state disclosures are provided at the time of transaction where required.

CoverPay Inc.
Email: regulatory@coverpayme.com
Website: https://coverpayme.com

Hedge Liquidity Services LLC
FinCEN MSB Registration
Email: compliance@hedgepayments.com