TRINIQUE LIMITED

REDEMPTION POLICY

This Redemption Policy (“Policy“) outlines the terms and conditions governing the redemption of Trinique Token (”Token“) in the Trinique Feeder Fund (“Fund”) offered by Trinique Limited (“Trinique,” “we,” “our”, or “us”), a Collective Investment Scheme established under the laws of Labuan, Malaysia, and regulated by the Labuan Financial Services Authority (“LFSA“).

Definitions and interpretation

In these Terms:

1. clause headings and numbering are for convenience only and do not affect the meaning, priority, or interpretation of any clause or sub-clause of these Terms;
2. the words “include” or “including” shall mean “including without limitation” and “”include without limitation” respectively;
3. any undertaking to do or not do a thing shall be deemed to include an undertaking not to permit or suffer the doing of that act or thing;
4. words importing the singular include the plural and vice versa and words importing a gender include any gender;
5. any reference to a document is to that document as amended, varied or novated from time to time otherwise than in breach of these Terms or that document; and
6. except where the context requires otherwise, the following Terms shall have the following meanings:

• Board/Board of Directors means Trinique’s Board of Directors.
• Client/Clients means the individual or entity that entrusts their funds to Trinique.
• Fund means Trinique Feeder Fund.
• Net Asset Value (NAV) means the value assigned to each unit or share of the Fund for accounting purposes, which is determined by deducting the value of all the Fund’s liabilities from the value of all the Fund’s assets, at the valuation point.
• Principal Investor means an individual or entity that directly invests capital into Trinique in exchange for tokens issued by Trinique.
• Redemption Dealing Day is a specific duration of time where Trinique processes and executes Redemption Requests made by Clients.
• Redemption Price means the NAV per Trinique Token on the Relevant Redemption Dealing Day.
• Redemption Request means a formal application made by Clients to redeem their investment from the Fund.
• Redemption Notice Period means a specific duration of time Clients must provide advanced notice to Trinique for the purpose of preparing for the redemption process.
• Secondary Investor means an individual or entity that acquires tokens issued by the company through a secondary market or from a Principal Investor.
• Qualified Holder means a Client who meets the criteria of being eligible to be a Client of Trinique.
• Terms means this Redemption Policy, as amended or supplemented from time to time.
• Trinique Client Portal/Client Portal means the online platform provided by Trinique through which Clients can manage their accounts, access services, view transaction history, perform transactions, and interact with Trinique. The Client Portal serves as the primary interface for Clients to engage with Trinique’s offerings and manage their holdings, including Trinique Token.
• Trinique Token/Token means the digital token will be issued to Clients, symbolizing their undivided share or interest in the assets of the Fund.

1. Redemption Process
1. Redemption Notice Period

   Clients may submit redemption requests on a monthly basis. All redemptions will be processed at the prevailing Redemption Price.

2. Redemption Request

   The redemption notice period shall be sent by Client to the company no later than the 13th day of each month. Clients must submit a Redemption Request through Trinique Client Portal to redeem their tokens.

3. Confirmation of Redemption

   Notification of redemption confirmation will be sent by the company to Clients no later than four (4) Business Days from the day the Clients submit the Redemption Request. The Board of Director reserves the right to reject redemption requests if clients’ identification or anti-money laundering compliance requirements remain outstanding.

4. Return of Trinique Token

   Clients are required to transfer Trinique Token requested for redemption to Trinique no later than one (1) Business Day, upon receive notification of redemption confirmation

5. Payment of Redemption

   Redemption proceeds will be disbursed by the custodian to the Clients’ bank account or wallet no later than two (2) months from the date when both notification of redemption confirmation is given and Trinique Token are received from the Clients. This is subject to the fulfillment of all requirements. If the Fund does not receive appropriate notice for a designated Redemption Dealing Day, redemption will typically occur on the following Redemption Dealing Day.

   
   

   Payment of redemption proceeds will be made in accordance with the notice of redemption. Settlement will be executed at the Clients’ risk and cost. In the case of a joint holding, redemption proceeds will be paid to the joint account unless alternative settlement instructions signed by all registered Clients are provided.

2. Redemption Terms
1. Eligibility of Redemption

   Redemption requests may only be initiated by the Principal Investor. A Secondary Investor is not permitted to request redemption with the company.

2. Minimum Holding Amount

   Redemption requests may be rejected if the total holding amount of Token to be redeemed falls below the minimum holding amount specified by the Fund, which is set at 250,000 Trinique Token.

3. Minimum Redemption Amount

   The minimum redemption amount is set at 10,000 Trinique Token per request.

4. Redemption Criteria

   Redemption is contingent upon meeting one of the following criteria:

   1. Redemption of the entire amount of Trinique Token, with a minimum of 250,000 Trinique Token or above;
   2. Redemption of the entire amount of Trinique Token if the Token balance falls below 260,000 Trinique Token;
   3. Redemption of a minimum of 10,000 Trinique Token, with the condition that the Token holding after such redemption must be maintained at 250,000 Trinique Token or above;
   4. Redemption of amounts above 10,000 Trinique Token is allowed, on the condition that the redemption occurs in increments of 10,000 Trinique Token. This includes redemption values of 20,000 Trinique Token, 30,000 Trinique Token, 40,000 Trinique Token, and so forth; or
   5. Redemption of the final amount of 250,000 Trinique Token.
3. Redemption Charges
   

   A redemption fee of $150 will be charged upon the confirmation of the redemption.

4. Withdrawal of Redemption Notice
   

   Clients have the option to withdraw their redemption request by serving written notice to Trinique before the notice of redemption confirmation takes place.

5. Compulsory Redemption
   

   The Board of Directors may require the compulsory redemption of all or some Trinique Token held by or for the benefit of a Client under the following circumstances:

   1. when the Fund has insufficient retained earnings to make a distribution and comply with the solvency test;
   2. when the holding constitutes or may constitute a violation of applicable laws or regulations;
   3. when the holding could expose the Fund, Clients, or Board to adverse tax or financial consequences; or
   4. when the Board determines, in their absolute discretion, that such redemption is in the best interests of the Fund and/or the relevant Clients.
6. Redemption in Specie
   

   In accordance with relevant legal requirements and upon obtaining approval from the Clients through a special resolution, it is permissible to fulfil all or a part of the redemption proceeds with non-cash assets, provided that such distributions do not substantially harm the interests of the Fund’s other Clients.

7. Redemption Discretion
   

   There is no guaranteed redemption; the decision is solely at the Board’s discretion. The Board retains the right to reject any application for redemption.

   Trinique may reject a redemption request if it believes the request violates this Policy, Trinique’s Terms of Use, or applicable Labuan laws.

8. Redemption Communication
   

   The Company may communicate with Clients regarding their redemption requests through the contact information provided by the Clients.

   Clients are responsible for ensuring that their contact information is accurate and up-to-date.

9. Amendments to this Policy
   

   Trinique reserves the right to amend this Policy as deemed necessary, and any changes will be communicated to all Clients in a timely manner.

10. Governing Law
    

    This Policy shall be governed by and construed in accordance with the laws of Labuan, Malaysia.