SAFA GLOBAL SOCIETY

Society Disclosures

The Safa Global Society is a consumer-service membership offered by Safa Global Capital. Below is the plain-language description of what membership is, what it is not, and what each tier provides. Source documents are the Safa Global Society Charter (governance file 08) and the Safa Global Society Reframing Brief (file 12).

1. Membership is community participation, not an investment

Safa Global Society membership (free or paid) is a community participation: it does not represent ownership in any Safa Global entity, does not entitle members to dividends, profits, distributions, or asset allocations, and confers no expectation of financial return.

Under United States securities law analysis, membership is not an investment contract and does not represent a security. Equivalent analyses apply under EU MiFID II, Maltese consumer-protection law, Mexican PROFECO consumer-contract law, and per-jurisdiction GCC/APAC frameworks.

2. Priority notification is timing-based, not allocation-based

Members receive priority notification of Safa Global product launches available in their jurisdiction. Priority notification means members are notified ahead of public announcement when a product (STAC, the Safa Global Sukuk Programme, or a future Safa Global instrument) opens for subscription in the member's jurisdiction.

Members in jurisdictions where a product is not available will not be notified of that product's subscription window. Priority notification does not equate to preferred allocation, discounted subscription, or any economic claim.

3. X University access is educational, not intelligence

X University access is a defined educational consumer service delivered by Safa Global Capital. It includes educational programming on Islamic finance, asset-backed investing, fund-structure mechanics, and Safa Global's mission.

X University access does not include portfolio-company briefings or any non-public information about STAC or the Excellence Fund. Quarterly reports cover Foundation Stewardship and Safa Global Society community updates; they do not include STAC NAV previews or Fund-portfolio disclosures ahead of public Depositary publication.

4. Refundability

Resident membership is free. Citizen ($300/yr) and Founder Annual ($1,000 founding + $500/yr) fees are non-refundable. Founder Lifetime ($5,000 one-time) is pro-rata refundable only if Safa Global terminates the Society program; it is not refundable on a per-member basis or for change of mind.

5. The 1,000-Founder cap

The Founder cap of 1,000 numbered seats is constitutionally entrenched in the Society Charter (Section 2.2). The cap is shared between Founder Annual and Founder Lifetime members. Citizen and Resident tiers are uncapped. After the cap is reached during the Founding Partner's lifetime, Honorary Founder memberships may be issued only to fill vacated seats.

6. Voting and governance

Founders hold voting rights in Society ordinary sessions: one vote per Voting Matter, with quorum required, simple majority for ordinary matters, and two-thirds for constitutional amendments. Voting governs the broad investment-thesis mandate of Safa Global Ventures and the constitutional rules of the Society. It does not govern individual portfolio-company investment decisions, AIFMD operational decisions, or Depositary functions.

When the Safa Global Sukuk and STAC Programme launches, the Foundation will introduce a separate voting-privilege framework for STAC holders, documented in the Founders Club Voting Charter. Founders’ direct voting rights remain independent of that framework.

7. Jurisdiction rules

Society membership is available globally where lawful. Mainland China and OFAC comprehensively sanctioned countries are hard-blocked. United States residents may join paid tiers once US securities counsel issues the Howey-analysis memo confirming non-security status; until then, only the announcement list is open to US visitors.

STAC and the Safa Global Sukuk Programme are regulated and gated per-jurisdiction as shown on the Products available in your jurisdiction table. STAC is not currently available to US persons under applicable US securities law.

8. Privacy and the Foundation register

A register of all Members (Resident, Citizen, Founder Annual, Founder Lifetime, Honorary Founder) is maintained by the Safa Global Foundation independently of Safa Global Capital management. The register includes a Privacy Election allowing Founder-tier members to choose between Public, Name-Only, or Anonymous listing. KYC and sanctions screening are performed at signup for all paid tiers; data handling follows the published privacy policy.

9. Governing documents

The full Society Charter and the Reframing Brief are available on request to legal@safa.mx. For risk disclosure relevant to investment products (STAC, Sukuk), see risk disclosure.

Document version: 2026-05-19. Subject to amendment as Society Charter is updated.