1. Preliminary remarks

1.1 Young Platform S.p.A. (hereinafter “Young Platform” or the “Company”) issues this notice (the “Notice”) to describe, in a synthetic and concrete manner, the technical updates applied to the Young Platform Base platform (accessible via web at exchange.youngplatform.com and via mobile application) starting from 1 July 2026, following the Company’s authorisation as a crypto-asset service provider (CASP) by Consob and Banca d’Italia.

1.2 The purpose of the Notice is to provide the User with an immediate overview of the operational updates visible on the platform. For the contractual framework, service conditions, custody procedures, and legal protections, refer to the General Terms and Conditions — Crypto-asset Services of Young Platform and the remaining informational documentation published at youngplatform.com/legal.

1.3 This Notice does not constitute a marketing communication nor an offer or solicitation to invest in crypto-assets. It does not constitute investment advice nor a personalised recommendation.

2. Identification of the provider

Corporate name: Young Platform S.p.A.
Registered office: Via F. Cigna, no. 96/17 — 10155 Turin (TO), Italy
Tax code / VAT number: 11931440017
LEI: 815600F1E30AAB016171
Certified email (PEC): [email protected]
Website: youngplatform.com

Young Platform was authorised as a CASP by Consob and Banca d’Italia on 30/06/2026 pursuant to article 16, paragraph 1, of Legislative Decree 129/2024 and article 63 of Regulation (EU) 2023/1114 (MiCAR).

3. The exchange model on Young Platform Base

3.1 On Young Platform Base, the Bilateral Exchange service of Crypto-assets under Article 77 MiCAR is provided. Concretely, this means that when the User buys or sells a crypto-asset on the retail platform, their direct contractual counterparty is Young Platform: no other users or markets are involved in the transaction. Young Platform undertakes to execute the exchange at the price displayed and accepted by the User within the validity term of the quotation.

4. What changes in practice

4.1 In-app transparency: you’ll always know who you’re trading with

Within the Base platform — both on web and app — every buy or sell order is now clearly identified as an operation on the “Journey Base”, i.e. as a Bilateral Exchange. Before confirming each order, the interface shows the User the applicable service and confirms that the contractual counterparty is Young Platform S.p.A. This information does not slow down the user experience but makes it more informed.

4.2 Price guaranteed for a few seconds (Firm Quote)

Whenever the User requests a quotation to buy or sell a crypto-asset, the platform returns a firm price (Firm Quote) valid for a defined time interval:

• 5 seconds for ordinary operations placed via web or app;
• 30 seconds for operations with card, Apple Pay or Google Pay. Both the deposit and the buy or sell operation must be executed within this time window.
• 30 seconds for operations handled through the assisted OTC Desk channel (dedicated to large-size transactions with the support of a Young Platform operator).

If the User accepts the quotation within the validity period, Young Platform is required to execute the operation at the indicated price. If the term expires, the quotation lapses, and the User is shown a new quotation updated to reflect current market conditions.

4.3 Order summary before confirmation (Order Summary)

Before every definitive confirmation, the platform displays an order summary (Order Summary) containing:

• the crypto-asset and the quantity involved;
• the total price of the operation (Total Consideration), i.e. how much the User will pay or receive, commissions included;
• any commission components applied;
• the express indication that the contractual counterparty is Young Platform;
• the residual duration of the quotation’s validity;
• the moment when the order becomes final (order finality).

The User confirms after viewing the Order Summary. This screen makes it impossible to proceed without having in front the definitive total amount, including all commissions.

4.4 Transparent price determination methodology

The price of the crypto-assets on Young Platform Base is automatically determined by the Company’s internal Pricing Engine, which aggregates market data from external sources selected according to objective criteria (liquidity, source reliability, operational continuity) and applies an objective and predetermined methodology described in the Procedure on the Exchange of Crypto-assets published through the official channels.

The applicable Fee Schedule and any spread components are made available on the Fees and Prices page, which the User may consult at any time.

4.5 Settlement of the operation

Once finalised, the operation is settled immediately by updating the User’s balances in Young Platform’s Internal Ledger.

4.6 Salvadanaio (recurring buy)

The Salvadanaio functionality allows the User to schedule automatic and recurring purchases (weekly, bi-weekly or monthly) on one or more supported crypto-assets. The recurring executions of Salvadanaio follow the same Bilateral Exchange model described in paragraphs 3 and 4: Young Platform acts as the User’s direct contractual counterparty, and the price of each execution is automatically determined by the Pricing Engine, with the same objective and predetermined methodology applied to ordinary Exchange operations. A percentage commission equal to 1.89% of the transaction countervalue is applied to each recurring execution, aligned with the commission provided by the ordinary Fee Schedule for purchases exceeding € 100. At the time of creation of the plan, the User authorises in advance the automatic execution of the scheduled operations according to such methodology and views the applicable Fee Schedule in the interface. Salvadanaio can be modified, suspended or cancelled by the User at any time, with effect on the next recurring execution.

4.7 Recurring Staking

The Recurring Staking (Staking Recurring) functionality allows the User to schedule automatic and recurring purchases (weekly, bi-weekly or monthly) on one or more supported crypto-assets, with automatic destination of the purchased quantities to their Staking Wallet. The functionality consists of two distinct moments:

• Purchase component: follows the same Bilateral Exchange model as Salvadanaio referred to in paragraphs 4.4 and 4.6. Young Platform acts as a direct contractual counterparty, and the price of each execution is determined by the Pricing Engine using the same objective and predetermined methodology as in ordinary Exchange operations. A commission of 1.89% of the transaction countervalue is applied to each recurring execution, consistent with the commission applied to Salvadanaio.
• Placement in the Staking Wallet: immediately after the trade is perfected, the purchased quantities are automatically transferred from the User’s Wallet to the Staking Wallet, in accordance with the conditions set out in the Staking Wallet Terms and Conditions published through the official channels. The Staking Wallet service does not fall within the scope of the services governed by Regulation (EU) 2023/1114 (MiCAR) and remains governed by the dedicated contractual documentation.

At the time of creation of the plan, the User authorises in advance both the automatic execution of the purchase component and the contextual placement in the Staking Wallet, viewing in the interface the applicable Fee Schedule and the reference framework for each component. Recurring Staking can be modified, suspended or cancelled by the User at any time, with effect on the next recurring execution; any suspension or cancellation of the plan does not affect the balances already held in the Staking Wallet, which remain subject to the ordinary exit conditions set out in the Staking Wallet Terms and Conditions.

5. Your Wallet and the custody of crypto-assets

5.1 The crypto-assets held on the account remain in custody with Young Platform pursuant to Article 75 MiCAR, under asset segregation from the Company’s treasury assets. This means that the Users’ positions are legally separated from the corporate assets and do not enter the general creditors’ pool in the event of matters affecting the Company.

5.2 The concrete custody modalities are described in the Crypto-asset Custody Policy published through the official channels.

6. What does NOT change

For the sake of clarity, the elements that remain unchanged compared to the previous model are indicated:

• access to the retail platform via web and mobile app;
• login credentials and account security requirements;
• customer due diligence procedures (KYC/AML);
• the availability of the crypto-assets held in the User’s Wallet, which remain fully accessible and movable;
• the possibility to continue to buy and sell the YNG Token, which remains fully available on Young Platform Base under the ordinary bilateral exchange (while it is no longer available on Young Platform Pro — cf. dedicated notice). On Young Platform Pro, the operability is carried out under a different model of execution of orders on behalf of clients, governed by the Best Execution Procedure.

7. Communications and complaints

7.1 For operational assistance and clarifications relating to the news described in this Notice, the User may contact the Customer Support at
support.youngplatform.com/hc/en-us.

7.2 Complaints relating to the service may be submitted in accordance with the Complaints Handling Procedure published through the official channels. The User’s right to bring the alternative dispute resolution (ADR) procedures provided for by law remains unaffected.

8. Publication and retention

8.1 This Notice is published on Young Platform’s institutional website and remains accessible for a period of no less than five (5) years from its last replacement. Previous versions remain available through the official channels. Young Platform reserves the right to update the Notice in case of further evolutions of the service, communicating this with reasonable advance notice.

This communication constitutes a service notice and does not represent a marketing communication nor an offer or solicitation to invest in crypto-assets. Crypto-assets are subject to specific risks, including the risk of total loss of the invested capital, and do not benefit from the guarantee schemes provided for bank deposits (Directive 2014/49/EU) nor from the investor compensation schemes (Directive 97/9/EC). For full information on the services offered, please refer to the Terms and Conditions published through Young Platform’s official channels. Young Platform S.p.A., Via Cigna 96/17, 10155 Turin — youngplatform.com — PEC: [email protected].

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