Spreda Network Terms and Conditions Effective Date: February 2 2026 Entity: Spreda is a product of Simple Influence (Pty) Ltd (registration number available on request), a private company incorporated in South Africa. Throughout these documents, the terms “Spreda”, “we”, “our” or “us” refer to Simple Influence (Pty) Ltd, while “you” or “your” refer to any individual or entity that accesses or uses the platform. These Terms & Conditions (“Terms”) and Privacy Policy (“Policy”) govern your access to and use of the Spreda web application (https://spreda.simpleinfluence.co.za) and any associated services (collectively, the “Service”). By creating an account, accessing the Service or continuing to use it after being notified of changes, you agree to be bound by these Terms and to the processing of your personal information in accordance with our Policy. If you do not agree, you must not use the Service. Part A – Terms & Conditions 1 – Introduction and Purpose Spreda operates a two‑sided marketplace that connects advertisers (“Advertisers”) wanting to promote goods or services with promoters (“Promoters”) who share ads with their social networks. Advertisers create campaigns, load ZAR funds into a digital wallet and pay a fixed price per action (CPA). Promoters select campaigns, share tracking links and earn points that can be converted into ZAR. Admins oversee the platform, ensure compliance and resolve disputes. These Terms describe the rights and obligations of each user type and set out the legal framework governing transactions, advertising, rewards, refunds and account conduct. 2 – Eligibility and Account Registration Age and competence. Users must be at least 18 years old and have the legal capacity to enter into a binding contract. By registering or joining the Spreda Partner Program, you explicitly confirm that you satisfy this age requirement. We reserve the right to verify your age at any time. Account creation. You must provide accurate, current and complete information during registration and maintain the accuracy of this information. You are responsible for safeguarding your login credentials and for all activities under your account. If you suspect unauthorised access, notify us immediately at hello@simpleinfluence.co.za. Multiple roles. A single user may act as both Advertiser and Promoter; however each role has distinct responsibilities and wallet balances. Independent contractors. Promoters are independent contractors and not employees or agents of Spreda. We do not supervise or control Promoters’ social media activity. Promoters are responsible for complying with tax, social‑media and advertising laws. 3 – Advertiser Obligations Campaign creation and payment. Advertisers may create campaigns through the Service and must pre‑fund the campaign at a predetermined cost per action. Funds are held in your advertiser wallet until billable actions occur. Campaign budgets are deducted when campaigns launch. Content responsibility. Advertisers must ensure that advertisements and destination URLs: comply with South African law, including the Consumer Protection Act, Electronic Communications and Transactions Act (“ECTA”) and any advertising codes; do not infringe third‑party intellectual property rights; are not false, misleading, defamatory, discriminatory, unlawful or harmful. Prohibited activities. You may not run campaigns promoting illegal or regulated products (e.g. alcohol, tobacco, gambling, financial instruments). Spreda may reject or remove any ad in its discretion. Refunds. Once a campaign has begun delivering clicks, the fixed fees are non‑refundable, except as required under Section 44 of the ECTA (seven‑day cooling‑off period for electronic transactions). Unspent wallet balances may be withdrawn upon request, subject to verification and payment gateway fees. Direct marketing. Advertisers must not harvest personal data or send unsolicited direct marketing communications without the data subject’s prior consent. Under South Africa’s POPI Act, direct marketing by electronic means is prohibited unless the data subject has given consent or is an existing customer and has been provided an easy opt‑out. 4 – Promoter Obligations Honest participation. Promoters must not artificially generate clicks or use automated bots. Fraudulent behaviour will result in forfeiture of points, wallet balances, bounties and possible termination. Sharing responsibilities. Promoters share campaign links through their own social networks. Promoters must ensure that shared content complies with platform rules and does not spam recipients. You must respect direct marketing rules; under Section 69 of the POPI Act, a data subject must consent to direct marketing communications and must be provided with clear opt‑out information. Earnings and points. Promoters earn points and streak multipliers for unique actions. Points are awarded immediately but remain subject to review. The conversion rate is currently 1 000 points = R1.00; Spreda may adjust this rate by updating these Terms. Withdrawals. Promoters may convert redeemable points to ZAR and request a withdrawal. A minimum withdrawal amount of R100.00 applies. A 5% transaction fee will be deducted from each withdrawal amount to cover platform processing and bank charges. Identity verification is required. Identity Verification. For security and regulatory compliance, all Promoters are required to prove their identity through valid government-issued documentation before their first withdrawal can be processed. Spreda reserves the right to request updated verification at any time. Tax compliance. Promoters are responsible for declaring earnings and paying taxes. Our Tax Page provides a calculator and CSV export to assist but is not tax advice. 5 – Wallets, Payments and Fees Funding wallets. Spreda wallets store ZAR funds for Advertisers or Promoters. Funds can be added via Paystack or other payment gateways. We use third‑party payment processors and do not store your card details. Time‑outs and holds. Deposits may be subject to verification or delays. Wallet balances do not earn interest. For fraud prevention, Spreda may temporarily hold funds or points pending manual audit. Internal transfers. Users may transfer funds between their advertiser and promoter wallets via the Service. Transfers are recorded in your transaction history and are irreversible once processed. Fees. We may deduct service fees from campaigns and promoter earnings. As noted, a 5% fee applies to all promoter withdrawals. Additional transaction fees charged by payment gateways may also apply to advertiser deposits. 6 – Intellectual Property Platform IP. All software, text, graphics, logos and other content on the Service are owned by or licensed to Spreda. You may not copy, modify, distribute or reverse‑engineer any portion of the Service except as permitted by law. User content licence. By uploading ads, creatives or other content, you grant Spreda a worldwide, royalty‑free, non‑exclusive licence to use, reproduce, modify and display such content solely for operating and promoting the Service. You retain ownership of your content. Trademarks. Spreda and related logos are trademarks of Simple Influence (Pty) Ltd. You may not use our trademarks without written permission. 7 – Acceptable Use and Prohibited Conduct You agree not to: violate any applicable laws or regulations; upload or distribute malicious code, viruses or harmful content; harvest or collect personal information about other users without their consent; impersonate another person or misrepresent your affiliation; interfere with the proper working of the Service; attempt to bypass security features or access private data. We reserve the right to monitor usage, investigate violations and suspend or terminate accounts that violate these Terms. 8 – Cancellation, Suspension and Termination Your right to cancel. You may terminate your account at any time via your account settings or by emailing support. Unused wallet balances will be returned subject to applicable fees. Our right to suspend. We may suspend or terminate your account, access to funds or participation in campaigns if you violate these Terms, engage in fraud, provide false information or create reputational risk. We will endeavour to notify you and may provide an opportunity to remedy minor violations. Consequences. Upon termination, your right to use the Service ends. Any provisions that by their nature should survive termination (e.g., intellectual property rights, indemnities, limitations of liability) will remain in effect. 9 – Disclaimers and Limitation of Liability Service availability. We strive to provide a reliable platform but do not guarantee continuous, uninterrupted access. Maintenance, updates or technical issues may cause downtime. We will use reasonable efforts to notify users of scheduled downtime. No guarantee of results. We do not guarantee any specific number of clicks, conversions or earnings. Campaign performance depends on many factors outside our control, including promoter activity and audience behaviour. Liability cap. To the maximum extent permitted by law, Spreda, its directors, employees and affiliates will not be liable for indirect, incidental, special or consequential damages arising out of or in connection with the Service. Our total liability for any claim will not exceed the greater of R1 000 or the total amount you paid to us in the six months preceding the event giving rise to the claim. Consumer rights. Nothing in these Terms limits any rights you may have under South Africa’s Consumer Protection Act or other applicable law. Section 44 of the ECTA grants consumers a seven‑day cooling‑off period for certain electronic transactions. Section 43 requires suppliers to disclose full pricing and their legal status; we endeavour to meet these obligations. 10 – Indemnity You agree to indemnify and hold harmless Spreda, its directors, employees and agents from and against any claims, liabilities, damages, losses and expenses arising out of or in connection with your violation of these Terms, your infringement of any third‑party rights, or your misuse of the Service. 11 – Changes to Terms We may modify these Terms from time to time. If we make material changes, we will provide notice by posting the revised Terms on the Service and, where appropriate, by email. Your continued use of the Service after the effective date of the revised Terms constitutes your acceptance of the changes. 12 – Governing Law and Dispute Resolution These Terms and any dispute arising out of or relating to them are governed by the laws of South Africa. You agree that the courts of South Africa will have exclusive jurisdiction, unless mandatory consumer protection laws require otherwise. Before initiating legal proceedings, both parties agree to attempt to resolve disputes through good‑faith discussions. 13 – Contact Information If you have questions about these Terms, please contact us at: Email: hello@simpleinfluence.co.za Postal address: Simple Influence (Pty) Ltd, Johannesburg, South Africa (full address provided on request) Information Officer: To request information or lodge complaints regarding personal information, see Privacy Policy.