Last updated: December 23, 2025

Lumx's technological infrastructure cannot be used in the cases below, and Lumx prohibits involvement with the following:

• Illegal activities: any operation involved in illicit activities or that promotes abuse or exploitation.

• Fraud and deception: companies that engage in fraud, scams, or deceptive activities.

• Unregulated gambling and betting: betting companies and casinos that do not have the proper licenses and authorizations from Brazilian regulatory bodies.

• Unregulated financial services: companies that offer credit, investments, financial advice, or any other financial service without proper authorization from the Central Bank of Brazil, CVM, or other competent regulatory body.

• High-risk products: trade of counterfeit products, goods without legal authorization, illicit substances, or products prohibited by law.

• Unregulated investment or credit services: offering investment, credit, or financing products without proper licenses and regulatory compliance.

• Companies with high financial risk: businesses that, at Lumx's sole discretion, represent a high financial risk, potential legal liability, or violate payment network rules and banking policies.