Brokerage Disclosure

This disclosure explains Vested Gifts' relationship — or lack thereof — with any third-party brokerage firm whose features may be referenced within the Services, including Robinhood Markets, Inc., Robinhood Financial LLC, and Robinhood Securities LLC (collectively, "Robinhood").

1. No Affiliation

Vested Gifts ("Vested") is wholly independent of, and is not affiliated with, endorsed by, sponsored by, or in any way officially connected to Robinhood or any other brokerage firm. Any references to brokerage features, gifting links, custodial accounts, or related concepts are descriptive only and do not imply a relationship, endorsement, or partnership.

"Robinhood" and all related names, marks, emblems, and images are trademarks or registered trademarks of their respective owners and are used here only to identify the third-party brokerage to which a Custodian may choose to direct a gift link. All such trademarks remain the property of their owners.

2. What Vested Does

Vested provides a software service that:

• Records non-binding gift "Pledges" made by Pledgers;
• Displays a Book containing those Pledges to the recipient's Custodian and authorized viewers;
• Allows a Custodian to paste a publicly accessible third-party brokerage gifting link (such as a Robinhood gift link) onto a Book so that Pledgers can use that link to fulfill their Pledges;
• Sends transactional and (with opt-in) reminder communications about Pledges.

3. What Vested Does NOT Do

Vested does not:

• Open, manage, or service any brokerage or custodial account;
• Accept, hold, escrow, transmit, custody, manage, or disburse any funds, securities, or other monetary value;
• Effect, execute, route, or facilitate the execution of any securities transaction;
• Provide personalized investment, financial, tax, or legal advice;
• Recommend specific securities, asset allocations, or investment strategies;
• Share in commissions, payment for order flow, spread, asset-based fees, or any transaction-based revenue from Robinhood or any brokerage;
• Act as a broker, dealer, investment adviser, finder, fiduciary, custodian, or money services business.

3A. Affiliate Compensation (Material Connection)

Vested participates in Robinhood's affiliate program. If you open and/or fund a Robinhood account through a link on the Services, Vested may receive a referral payment from Robinhood under that program:

• Vested is paid a flat fee when a referred user opens a Robinhood account, and a flat fee when a referred user funds the account;
• The fees do not vary with the amount funded, your trading activity, or the assets you hold;
• The cookie / attribution window is 30 days from your click on the link.

These terms are set by Robinhood through the Impact affiliate platform and may change. Vested will update this page if material terms change.

Important characteristics of this compensation:

• It is a flat fee tied to account creation and funding only.
• It is not tied to any specific security you buy or sell, the size of your account, your assets under management, your trading activity, commissions, spreads, payment for order flow, or any other transaction-based metric.
• It does not make Vested a broker, dealer, investment adviser, finder, or associated person of Robinhood.
• It does not change Robinhood's obligations to you under the federal securities laws or its own terms, conditions, and disclosures.
• It does not increase the price you pay or the terms of your Robinhood account.

Why we are disclosing this: Federal Trade Commission Endorsement Guides (16 C.F.R. Part 255) require us to disclose any material connection between us and a brand we promote. The affiliate relationship described above is a material connection. We disclose it clearly and conspicuously at or near the first mention of Robinhood in our materials, on our website, and in our communications.

What we do NOT accept: Vested will not enter into compensation arrangements that share in commissions, payment for order flow, spread, asset-based fees, AUM revenue, per-trade fees, or any other transaction-based compensation. If our compensation arrangement with Robinhood ever changes to include any such element, we will update this disclosure before implementing the change, and we will obtain an independent securities-law opinion before doing so.

4. Your Brokerage Relationship Is With the Brokerage

If you, as a Custodian, link a Robinhood (or other) gift link to a Book:

• The Custodial brokerage account, including the recipient's custodial account, is provided exclusively by the brokerage under the brokerage's own terms, conditions, and disclosures, which you must read and accept directly with the brokerage.
• All deposits, withdrawals, securities purchases, dividends, fees, statements, tax forms, and account servicing are between you (or the recipient) and the brokerage.
• Brokerage account terms — including but not limited to account opening requirements, KYC, eligibility, fees, available securities, gift mechanics, the form of received gifts (cash vs. fractional shares), tax treatment, and account closure — are set by the brokerage and may change without notice from Vested.

If you, as a Pledger, fulfill your Pledge by using a gifting link, your transaction is with the brokerage (not Vested). The brokerage's terms apply. Any issue with the transaction — including failed transfers, fees, or delivery — must be raised with the brokerage.

5. No Investment, Tax, or Legal Advice

Nothing on the Services constitutes investment, tax, or legal advice. The optional "stock ticker" or "stock idea" field on a Pledge form is a freeform data-entry field; it is not a recommendation, suggestion, or endorsement by Vested. You should consult a qualified financial, tax, or legal professional before making any gift, investment, or related decision.

Federal gift tax may apply to gifts made through brokerage gifting features under Internal Revenue Code § 2503. Vested does not provide tax forms (such as Form 1099, Form 709, or Form K-1) and does not advise on tax consequences.

6. No Guarantees

Vested makes no representation or warranty that:

• A brokerage gifting feature will be available, will function as expected, or will be supported in the future;
• A Pledge made on the Services will be fulfilled, in whole or in part;
• A gift, if made, will result in any particular financial, tax, or estate outcome;
• The recipient's brokerage account will be established, funded, or maintained.

7. Security & Account Credentials

Vested never asks for and never receives your brokerage username, password, two-factor code, account number, or other brokerage credentials. We do not connect to brokerage APIs to view, withdraw, or transfer funds. The only brokerage information that may be stored with us is a Custodian-supplied, publicly shareable gift link, which we store encrypted.

If anyone using or referencing Vested asks you for brokerage credentials, do not provide them and report the incident to support@vestedgifts.com immediately.

8. Trademark Notice

References to Robinhood and other brokerage marks are nominative — used only to identify the brokerage to which a user has chosen to direct a gift link. No license, sponsorship, or endorsement is implied.

9. Questions

support@vestedgifts.com