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INFORMATION DOCUMENT “LTT” INITIAL TOKEN OFFERING UPDATED VERSION DATED 10 NOVEMBER 2021 Information Document, LTT Initial Token Offering English version 0

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Page 1: [ENG] Lord Services - Document d'Information

INFORMATIONDOCUMENT“LTT” INITIAL TOKEN OFFERING

UPDATED VERSION DATED 10 NOVEMBER 2021

Information Document, LTT Initial Token OfferingEnglish version

0

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General warning

Investing in an initial token offering involves the risks of a partial or total loss of the investment. No guarantees aregiven as to the liquidity of the tokens acquired during the offering, the existence of a secondary market for saidtokens, the value of the tokens acquired in the offering and the exchange value of said tokens in fiat currency.Tokens are not financial instruments as defined by Article L. 211-1 of the French Monetary and Financial Code anddo not grant any other rights than those described in this information document (hereinafter referred to as the“Information Document”). Furthermore, the regulatory framework applicable to the offering and the tokens, aswell as the tax treatment on the holding of tokens, have not been defined to date in some jurisdictions.

This Initial Token Offering has not received an approval (visa) from the Autorité des marchés financiers (AMF -French financial market authority) and only relates to the offering that is the subject matter of this InformationDocument.

The subscriber is invited to read section 4 “risk factors” of this Information Document.

Should any conflict arise between this English language version (communicated for information purposes only) ofthe Information Document and its French version, the French language version shall prevail.

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Table of contents

General warning 1

Table of contents 2

1- Information about the token issuer 4

1.1 Description of the Company 5

1.2 Contact details 6

1.3 The team 7

1.4 Description of potential conflicts of interests 9

1.5 Principles of governance of the legal entity 12

1.6 Statutory auditor 14

2- LordToken interface 15

2.1 Characteristics of the LTT token 13

2.2 Services provided by Lord Token 13

2.3 Regulations specific to the project 14

2.4 Decision making mechanisms and project governance 14

2.5 Target subscribers and potential restrictions 14

2.6 Funding already obtained 14

2.7 Costs associated with the offering 14

2.8 Allocation of digital assets collected 15

3- Rights and obligations related to the LTT tokens 17

3.1 Functions, rights and obligations related to the LTT token 17

3.2 Project operating costs borne by the subscriber 17

3.3 Description of the distributed ledger 17

3.4 Schedule for using LTT tokens 17

3.5 Methods for transmitting LTT tokens 17

4- Risk factors 18

4.1 Economic risks 18

4.2 Technological risks 19

4.3 Risks associated with the project 20

5- Characteristics of the LTT initial token offering 22

5.1 Characteristics of the LTT token 22

5.2 Characteristics of the offering 22

5.3 Terms of subscription to LTT tokens 23

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6- Technical procedures for the issuing of LTT tokens 24

6.1 Distributed ledger 24

6.2 Security audit 24

7- No refund to subscribers 24

8- Knowledge of subscribers, anti-money laundering and security systems put in place 24

8.1- Internal control procedures 24

8.2- Categorisation of the risks 24

8.3- Refused subscribers 24

8.4- Authorised subscribers 25

8.5- Controls and measures applied 26

8.6- Additional measures 27

8.7- Technical implementation of the controls 28

8.8- Cybersecurity systems 29

9- Applicable law, jurisdiction and tax system 29

9.1 Law applicable to the Issuer 29

9.2 Jurisdiction 29

10- Certification of the responsible person 29

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1- Information about the token issuer

1.1 Description of the Company

Legal notice

Corporate name Lord Services (the “Issuer” or “Lord Services”)

Legal form Public Limited Company with a Board of Directors(Société anonyme à conseil d’administration)

Chief Executive Officer (Directeur général) Nicolas Lefortier

Executive Vice President (Directeur général délégué) François Denis

Chairman of the Board of Directors Nicolas Lefortier

Directors Nicolas LefortierFrançois DenisMarine Lens

Registered office 455, avenue du Professeur Etienne Antonelli, 34070Montpellier (France)

SIREN (business registration) No. 889 272 639

VAT number FR60889272639

Date of registration 23 September 2020

Share capital EUR 37,000

Corporate object Development and management of any system,software, technical solution, website, platform andapplications.

Shareholding in Lord Services

Shareholders Beneficialowner

Number ofshares

% ofcapital

ZEUS INVESTISSEMENTS, a limited liability company(société à responsabilité limitée) whose registeredoffice is located at 455, avenue du Professeur EtienneAntonelli, 34070 Montpellier (France), registered withthe Trade Register of Montpellier under number832 776 561

Nicolas Lefortier 50,000 50%

FM HOLDING, a French société civile whose registeredoffice is located at 450, rue Baden Powell, 34070Montpellier (France), registered with the TradeRegister of Montpellier under number 888 987 849

François Denis 50,000 50%

The following table summarises the breakdown of the share capital and the voting rights of the Issuerbefore and after conversion of the Convertible Bonds (as this term is defined below).

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Shareholders After conversion of the ConvertibleBonds

Fraction of theshare capital

Voting rights

ZEUSINVESTISSEMENTS

39.86% 39.86%

FM HOLDING 39.86% 39.86%

Subscribers 20.28% 20.28%

Prospective financial data

As the operations of Lord Services and/or its affiliated companies are scheduled to be launched in early2022:

Financial year 2022 (€k) 2023 (€k) 2024 (€k)

Turnover (k€) 1,300 3,250 5,200

Net results 205 1,016 2,318

On the date of this Information Document, the Issuer holds at least the equivalent of 3 years’ visibility incash flow, based on an approximate cash burn of € 333,000/year.

The allocation of LTT tokens shall be as follows:

Strategic sale 2.00%

Initial token offering – phase 1 5.00%

Initial token offering – phase 2 10.00%

Liquidities 5.00%

Reserve 10.00%

Products and marketing 25.00%

Partnership / Ecosystem reward 18.00%

Team and advisors* 10.00%

Airdrop to the community 15.00%

* It should be noted that the LTT tokens granted to the team, as well as their advisors as described inclause 1.3 of the present Information Document, shall be vested at the path of one third (1/3) per year(therefore release of all the granted LTT tokens will occur after expiry of a period of 3 years).

Section 2.6 of this Information Document provides details on the financing already obtained.

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History of the Issuer

Lord Services was created in September 2020 by two entrepreneurs, Mr Nicolas Lefortier and Mr FrançoisDenis, with the aim of operating a digital assets trading platform in France in cooperation with BinanceToken Club Co., Ltd., a company registered in the British Virgin Islands, whose registered office is locatedat 30 de Castro Street, Wickhams Cay 1, P.O. Box 4519, Road Town, Tortola (hereinafter referred to as“Binance Cloud”).

As regards the users located outside of France, on 21 June 2021, Messrs Nicolas Lefortier and FrançoisDenis incorporated Lord Consulting FZCO, a limited liability company whose registered office is located inDubai Silicon Oasis, Building A2, IFZA, Dubai (United Arab Emirates) under number DSO-FZCO-7397(hereinafter referred to as “Lord Consulting”).

On 10 July 2021, Lord Consulting entered into a Service Agreement with Binance Cloud under whichBinance Cloud undertook to develop and provide to Lord Consulting an Application ProgrammingInterface (API) taking the form of an interface entitled “LordToken powered by Binance Cloud”.

This service agreement with Binance Cloud contains a substitution clause enabling Lord Consulting to besubstituted in the agreement by any other affiliated company of the group belonging to Messrs NicolasLefortier and François Denis.

On 15 February 2021, the Issuer raised EUR 1,419,600 (one million four hundred and nineteen thousandsix hundred Euros) in the first round of financing via the issuing of 2,028 (two thousand and twenty-eight)convertible bonds for a nominal value of 700 (seven hundred) Euros each in accordance with the Frenchregulation applicable to the public offering of financial securities for an amount less than 8 million Euros.

This bond issuance was subscribed for a period of 5 (five) years as from the date of issuance of theconvertible bonds, i.e. until 15 February 2026. The convertible bonds shall bear interest at the nominalrate of 12% per year, that is 84 (eighty-four) Euros per convertible bond and per year. Interest shall bepaid annually on the first working day following the anniversary date of the date of issuance to theirsubscribers. The convertible bonds issued shall not be subject to depreciation and shall therefore beredeemable in cash at the par value and in full when the loan reaches maturity, that is on the 1st (first)working day following the expiry of a period of 5 (five) years as from the date of issuance.

Each convertible bond that has not been transferred and which has not been subject to early repayment,or repayment at maturity (as these terms are defined in the conditions of the convertible bond), shallgrant entitlement to receive, at the time of its conversion, a number of the issuer shares representing, ona fully diluted basis, 0.01% of the Issuer’s share capital on the date of conversion, rounded down to thenearest whole number.

If the convertible bonds are converted into shares, the transfer of the shares shall be subject torestrictions as specified in a shareholders’ agreement to which the subscribers shall become a party at thetime of the conversion.

Characteristics of LTT tokens

Name LTT

Decimals 9

Standard BEP20

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Blockchain

Contract

Binance Smart Chain

0x71e72DdE4152D274afD1F2DB43531Ed9E44A78Fa

Date of delivery of LTT tokens 15 January 2022 at the latest

Maximum quantity 2,000,000,000 LTT

Monetary policy The maximum quantity of LTT tokens is fixed and cannot bechanged by Lord Services or by anyone else.

Issuance of LTT tokens

Tranches Authorisedinvestors

Targetamount*

Price of theLTT token

% of totalsupply of LTTtokens

Subscriptionperiod*

Lock-up /vesting period

Step 1(strategicsale)

ConvertiblebondinvestorsAdvisorsLove money

USD 800,000 USD 0.02 2% From 27September2021 to 17October 2021

10% of theacquired LTTtokens areunrestricted.

30% of theacquired LTTtokens shall bevested every 6months(thereforerelease of all theacquired LTTtokens occurafter expiry of aperiod of 18months).

Step 2 (initialtoken offering– phase 1)

Public USD 3,000,000 USD 0.03 5% From 18October 2021to 3 November2021

20% of theacquired LTTtokens areunrestricted.

10% of theacquired LTTtokens shall beunlocked every3 months.

10% of theacquired LTTtokens shall bevested everymonth uponexpiry of the 3rd

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month(therefore fullrelease of theacquired LTTtokens occurafter expiry of aperiod of 10months).

Step 3 (initialtoken offering– phase 2)

Public USD10,000,000

USD 0.05 10% From 10November2021 to 31December2021

No lock-up orvesting period.The acquiredLTT tokens shallbe immediatelyavailable.

* The Issuer shall be entitled to extend each subscription period or to close them early if the relevanttranche has been subscribed before the closing date of such subscription period. Moreover, the Issuer may,at its discretion, waive one or more of the aforementioned tranches. In addition, the Issuer shall be fullyentitled to increase the hard cap (i.e. the target amounts) for each of the tranches. Lastly, once theaforementioned offerings are closed, the Issuer does not rule out the possibility of making new InitialToken Offerings. In which case, the details of the new offering(s) shall be disclosed on the Issuer’s website.

The result of the offering shall be published on the Lord Services’ website no later than fifteen workingdays as from the closing of the offering. This publication shall specify the amount of the subscriptions onthe day of closing of the offering.

Accomplishments

From 1 January 2021 to date, the Issuer has worked on:

● Launching its convertible bond issuance (closed on 15 February 2021);

● Entering into a service agreement with Binance Cloud (signed on 10 July 2021) and the

development of the API in cooperation with Binance Cloud;

● The initiation of a registration process of the Issuer as a Digital Asset Services Provider (DASp)

with the Autorité des Marchés financiers (AMF – French financial markets regulator) in order to

offer in the future its business services to French users;

● Developing the website and integrating the solutions of strategic technological partners (KYC,

AML-CFT, banks) as well as the development and interoperability of the Binance Cloud portal with

the LordToken information system;

● Research and development (R&D) work for the Lord Token platform; and

● Implementing the Initial Token Offering that is the subject matter of this Information Document.

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1.2 Contact details

● Contact email: [email protected]● Website: www.lordtoken.com● Twitter page: https://twitter.com/lordtoken_off?s=11● Facebook page: https://www.facebook.com/LordToken-102969834974531● LinkedIn page: https://www.linkedin.com/company/lordtoken-pro/?viewAsMember=true● Instagram page: https://instagram.com/lordtoken_off?utm_medium=copy_link● Telegram discussion group: https://t.me/joinchat/1OhMDr9of4dhYjNk● Telegram news group: https://t.me/lordtokenofficial

● Channel Discord : https://discord.gg/hQjBFDj2E6

1.3 The team

Co-founders

François DenisCo-founder

Investor, High Yield Investment Expert, Speaker,Author, Blockchain Expert, Engineer. François ispassionate about the technological revolution thatblockchain brings. In love with freedom, hebecame an investor in various traditional andalternative markets. At the head of FD Conseil, hesupports ambitious people to invest andundertake massively!

Nicolas LefortierCo-founder

Serial-Entrepreneur, HEC graduate, Investor,Strategist, at the head of a team of around onehundred people. His massive move into action andhis strong belief in human nature allowed him tobuild self-sufficient systems and be able to focuson growing his business.

Legal advisers

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Daniel ArrocheLawyer

Ranked by the magazine Leaders League amongthe most influential lawyers in the blockchainindustry, Daniel supports SMEs, mid-capcompanies and large groups. He regularlypublishes and gives lectures in this field.

Stéphane DanielLawyer

Specializes in corporate law, including mergers andacquisitions (public and private transactions),capital markets (equity and debt transactions),venture capital and restructuring. Stephane alsoadvises customers regarding the regulationaround blockchain and crypto-assets.

Margaux FrisqueLawyer

Dedicated lawyer serving entrepreneurs incorporate law (shareholders' agreements, draftingof social acts, legal audits, preparations for M&Atransactions, drafting of French and Englishcontracts), in new technologies law (AMFapprovals, first ICO visa n ° ICO.19.576,information document offering tokens to thepublic www.french-ico.com, instructions 2019-06and 2019-23 - PSAN) and in the event ofcommercial disputes.

Laure Landes-GronowskiLawyer

Associate IT & Data lawyer, she supportscompanies in terms of compliance with "personaldata" regulations (bringing and maintaining"GDPR" compliance, training, corporategovernance, assistance to data protection officers,contract management) but also in informationtechnology law (web platforms, dematerializationprojects, etc.).

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Partners

Olivier ChabertBlockchain & digital expert

Technical expert and CTO. With more than 12years of experience in software engineering,Olivier drives technological roadmaps for complexand ambitious digital platforms.

Nicolas HersogBlockchain & Digital Expert

With a solid digital and technical experience inmany fields (FinTech, B2C, B2B, Retail andresearch), Nicolas has been supporting largeaccounts and tech nuggets for more than 10 yearsin the construction and realization of their digitalprojects.

Jean-David BarbierProject Manager

Computer engineer and Digital Project Director,Jean-David has been piloting complexhigh-volume digital platforms for more than 10years.

David BreysseMarketing Expert

A former communicator and advisor to majorbrands, he modeled success in a concept calledthe "Beautiful Brand" and left the old model ofagencies which are struggling to reinventthemselves. Branding Expert.

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Quentin HerbrechtAdvisor & digital strategy

With more than 4 years of experience incryptocurrencies and Blockchain as independentconsultants, our team has been able to combinethe most relevant offers, for limited budgets inorder to obtain the best results.

Guillaume TurchiAccountant

Formerly at Deloitte, did his thesis on the world ofcrypto-currencies: Develop the missions related tothe operations of Initial Coin Offerings - Role ofthe Chartered Accountant in the diagnosis andsupport of this operation.Thesis deposited and available at the library of theOrder of Chartered Accountants (Bibliotics).

MR CAPITALCommissaire aux comptesThe companies accounts will besubjects to certification by an auditorof Mr CAPITAL.

SCORECHAIN

Company in charge of thetraceability of Blockchaintransactions (KYT)

www.scorechain.com

SYNAPS

Company in charge ofidentifying subscribers(KYC/KYB)

https://synaps.io

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1.4 Description of potential conflicts of interests

Lord Services is not aware of any inconsistencies among its own interests, those of its partners and thoseof the subscribers to the LTT token offering.

No issuance of LTT tokens has been carried out before the start of phase 1 of this offering.

Lord Services does not intend to take part in the offering mentioned in this Information Document.

1.5 Principles of governance of the legal entity

Lord Services is managed and represented by its Chief Executive Officer (Directeur général), Mr NicolasLefortier (who is also the Chairman of the Board of Directors of the Issuer), and by its Executive VicePresident (Directeur general délégué) Mr François Denis (who is also a Director of the Issuer). In allcircumstances, they have the required powers to manage the Issuer and represent it with respect to thirdparties.

The Chief Executive Officer is appointed by a simple majority of the members of the Board of Directors,for a limited or indefinite term of office. The Executive Vice President is appointed by the Board ofDirectors upon proposal of the Chief Executive Officer.

The Issuer’s general meeting of the shareholders is thus controlled by its two shareholders, ZeusInvestissements and FM Holding, respectively controlled by Messrs Nicolas Lefortier and François Denis.

1.6 Statutory auditor

The statutory auditor of Lord Services is MR Capital, a simplified limited company (société par actionssimplifiée) whose registered office is located at 11 bis rue Bachaumont, 75002 Paris (France), andregistered on the Trade Register of Paris under number 823 769 328.

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2. LordToken interface

2.1 Characteristics of the LTT token

The role of LTT within the Lord Token interface is similar to the role of BNB within the “Binance”

marketplace, in that it makes it possible to take advantage of reduced costs on the trades performed via

this interface.

As a matter of fact, several levels will be created and based on the number of LTT tokens owned, the

discount will be more or less significant. In addition, the LTT token will give access to exclusive services

such as the Launchpad. It will be at the core of the Lord Token ecosystem.

It will also enable those investors wishing to carry out automated trading of their assets, to save on social

trading costs.

The token will also be used to reward the most high-performing traders through the organisation of

trading competitions.

The LTT token will also simplify the traction of Lord Token customers via airdrops and will be used to feed

a membership programme.

Lastly, the LTT token will make it possible to implement staking and burn operations.

2.2 Services provided by Lord Token

The services that will be provided via the LordToken interface are set out below. However, the Issuerreserves the right to provide any other services.

Crypto assets trading platform

The LordToken interface will involve the provision of a trading application for the exchange of cryptoassets. This service will be provided in cooperation with Binance Cloud. It will also include thedeployment and upkeep of the LordToken Exchange Trading mobile application similar to that of Binancebut with LordToken’s colours, editorial line and premium customer service.

Upon launching, LordToken will have an inventory of over 300 listed tokens and its commission costs ofapproximately 0.1% will be among the lowest on the market.

Social trading

There are currently many players operating on the social trading market, however each of these playershas taken a different approach to the market, with timelines that are sometimes long. Therefore, LordServices intends to provide its users with a “social trading” (or “copy trading”) service whereby its userswill be able to allocate all or part of their digital assets portfolio to the real-time copying of the trades (i.e.buy and/or sell orders on digital assets) carried out by traders via the LordToken platform.

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In concrete terms, any user of the LordToken platform will be able to select one of the traders referencedon the platform (hereinafter referred to as the “Copy-Traders”), and decide to copy the orders placed bysaid Copy Trader. To access the social trading service, users shall be able to allocate all or part of their crypto assets held ina portfolio to this transaction. Once this step is completed, the user shall be able to select a trader whoseperformance they wish to copy, with the understanding that, at any time, the user shall be able to decideto cease copying this performance in the future. This copy trading shall be carried out via the APIsdeveloped by Lord Services and/or its affiliated companies, allowing the portfolio of LordToken users tocopy the orders placed by the selected Copy Trader.

2.3 Regulations specific to the project

Lord Services has initiated discussions with the French financial markets regulator (AMF) in France inorder to be registered as a Digital Asset Services Provider (DASp) for services such as (i) exchange ofdigital assets against other digital assets and (ii) operation of a digital assets trading platform mentionedin 3 and 4 of Article L. 54-10-2 of the French Monetary and Financial Code.

However, this long-term process may take several months or several years and the Issuer cannotguarantee the successful outcome.

In the interim, Lord Services does not intend to target French users or carry out unauthorisedcommunication to them, in accordance with French regulation.

Furthermore, Lord Services or its affiliated companies intend to take similar steps with other regulators invarious countries.

2.4 Decision-making mechanisms and project governance

The decision-making mechanisms and project governance meet the same governance principles as thoseof Lord Services (refer to Section “1.5 Principles of Governance of the legal entity”).

Only the two shareholders are decision makers with regard to this project.

2.5 Target subscribers and potential restrictions

The offering is intended for businesses and private individuals.

The eligibility criteria to be met by businesses or private individuals for participation in the offering are setout in Section “8. Knowledge of subscribers, anti-money laundering and security systems put in place”.

2.6 Funding already obtained

This initial token offering is aimed at financing the cooperation with Binance Cloud and supporting thedevelopment of the LordToken interface as well as its regulatory and communication strategy.

On 15 February 2021, the Issuer raised EUR 1,419,600 (one million four hundred and nineteen thousandsix hundred Euros) in the first round of financing via the issuing of 2,028 (two thousand and twenty-eight)convertible bonds for a nominal value of 700 (seven hundred) Euros each in accordance with the Frenchregulation applicable to the public offering of financial securities for an amount less than 8 million Euros.

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2.7 Costs associated with the offering

The transaction costs associated with the subscription to the offering described in this InformationDocument shall be fully borne by the subscribers.

For example, the transaction costs arising from the use of the Binance Smart Chain Blockchain tosubscribe to the offering shall be borne by the subscriber. Therefore, on subscribing to the offering inUSDT, the subscriber shall possess BNB tokens to cover the cost of the Blockchain transaction required forconverting its USDT into LTT.

2.8 Allocation of digital assets collected

The USDT, BTC, ETH or BNB used to subscribe to the offering have a value which is constantly fluctuatingdepending on supply and demand.

For the purposes of this offering, 1 USDT shall be considered as equivalent to 1 USD by the Issuer.

As regards the BTC, ETH or BNB, subscribers shall be informed of the applicable exchange rate prior totheir subscription.

3. Rights and obligations related to the LTT tokens

3.1 Functions, rights and obligations attached to the LTT token

All tokens issued are fungible and grant their holder the same rights: reduced costs on the trades madevia the LordToken interface. The LTT tokens shall also be used to (i) feed the membership programme, (ii)implement airdrops and (iii) organise competitions to reward the most high-performing members of theLordTokenTradingPartner group.

Subscribers to the offering understand, acknowledge and accept that the purchase of LTT tokens shall notentitle the holder to ownership of securities, shares or other equity in the share capital of Lord Services orits affiliated companies, nor shall it entitle the holder to the status of a shareholder or partner, or to sharein profits, or to take part in ordinary, extraordinary or mixed general meetings, or any other equivalentright, nor any right in the intellectual or industrial property held by Lord Services or its affiliatedcompanies.

The tokens issued do not involve any specific obligation on the part of their holders.

The tokens issued are divisible up to the ninth decimal as specified in Section “5.1 Characteristics of theLTT token” of this Information Document.

3.2 Project operating costs borne by the subscriber

The project operating costs borne by the subscriber shall be the same as the costs associated with theoffering as described in Section “2.7 Costs associated with the offering”.

3.3 Description of the distributed ledger

The distributed ledger (dispositif électronique d’enregistrement partagé) on which the offering is takingplace is the Binance Smart Chain blockchain. The token serving to pay the transaction fees arising fromthe use of the Binance Smart Chain blockchain is the BNB.

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The ownership of tokens circulating on the Binance Smart Chain blockchain is determined by thepossession of a private key. A private key is similar to a unique password used to validate the tokentransfer requests on the Binance Smart Chain blockchain.

A Binance Smart Chain public address is associated with each private key. This is the equivalent of bankaccount details. This address may be shared publicly and can be used to receive tokens.

The issued LTT tokens will be sent directly to the subscriber’s Binance Smart Chain public address.

3.4 Schedule for using LTT tokens

The “LordToken” interface and the LTT tokens will be operational by 30 June 2022.

3.5 Methods for transmitting LTT tokens

The Issuer intends to start procedures to ensure the liquidity of the LTT tokens on crypto assets exchangeplatforms. However, this liquidity is not guaranteed and the successful listing of the LTT token on this typeof platform is not guaranteed.

4. Risk factorsLord Services has carried out a review of the risks that may potentially have unfavourable effect on itsbusiness activity, its project and the tokens that it plans to issue. These risks have been categorised basedon their nature.

4.1 Economic risks

Risk of a partial or total loss of investmentDespite the efforts made by Lord Services to generate interest in the LTT token, its price is constantlyfluctuating and could drop significantly. Should this occur, subscribers could lose all or part of theinvestment made. Subscribers should not subscribe to LTT tokens if they are unable to bear theconsequences of such a loss.

Currency risk, particularly towards the euro or any foreign currency, borne by the subscriberIn the event the LTT tokens are traded on digital assets exchange markets, the value of the LTT in euros orother fiat currencies will directly depend on the supply and demand of LTT at a given time. Should theinterest in the services associated with the LTT decline, the price of the LTT in euros - and by extension inany other currency - could significantly decrease.

During this entire period, the rate of these crypto assets in euros - and by extension in any other currency- could fall significantly thereby exposing subscribers to the risk of fluctuation without being able torequest reimbursement of their crypto assets.

Risk associated with the valuation of tokensThe value of the LTT token depends on supply and demand, which itself depends on the level of adoptionof the “LordToken” interface. It is understood that the adoption of such an interface measures thequantity of the value exchanged on the interface by its users. Therefore, the lack of adoption of thisinterface could have a negative impact on the valuation of the LTTs. In addition, if the Issuer is placedunder court-ordered reorganisation, liquidation or is wound up, the LTT tokens could lose their entirevalue.

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Risk of lack of liquidity of tokensTo date, the LTT cannot be exchanged on a trading or digital assets exchange platform, therefore the aliquidity risk applies. Furthermore, if the LTT tokens are listed on this type of platform, the ability to sell alarge amount of LTT tokens within a short space of time will depend on the liquidity available on thesecondary markets for the LTT token. However, should the interest in the services associated with the LTTdecline, the liquidity, volumes or exchange value for other digital assets or legal tender could benegatively impacted.

Risk associated with the absence of a secondary market for the LTTThe LTT is intended to be listed on a secondary market. However, the success of the steps that will beundertaken by the issuer or one of its affiliated companies is not guaranteed.

In addition, if the LTT is listed on a secondary market, such market may decide to no longer list the LTTwhich would consequently reduce the liquidity of the LTT.

Note: The companies and platforms on which the LTTs could potentially be listed provide or could provideone or more services related to digital assets as listed in Article L. 54-10-2 of the French Monetary andFinancial Code. As a result, it cannot be ruled out that these companies and their digital assets tradingplatform must be subject to mandatory registration with the AMF and that the conditions for beingregistered with the AMF may not be met. The subscriber may be required to ensure compliance withthese conditions in the event of the use of said platforms.

Risk regarding the cooperation with Binance CloudThe “LordToken” interface relies on the service agreement entered into with Binance Cloud. If thisagreement is not renewed, and if another service provider cannot be quickly found to provide theservices previously rendered by Binance Cloud, the interface could be temporarily or permanentlysuspended thereby resulting in a partial or total loss of the value of the LTT tokens. To mitigate this risk,the Issuer has already made contact with other providers.

4.2 Technological risks

Risk of errors or security breaches enabling the hacking or theft of the Issuer’s dataThe smart contracts used in connection with the offering have all been audited by the third partycompany Certik and no known vulnerabilities have been detected. The Issuer has taken all reasonablesteps in terms of cybersecurity to protect against the various known attacks that may disrupt theLordToken interface.

However, the Issuer disclaims all liability for any malfunctions or unexpected operations related to theBinance Smart Chain blockchain, loss of tokens by the buyer, hacking or any other situation that preventsthe buyer from having access to its tokens.

Risk of loss or theft of the medium containing the subscriber’s private keyA private key is similar to a unique password and is used to validate requests for transfers of one or moretokens on the Binance Smart Chain blockchain. Any third party who accesses the subscriber’s private keyor the private key management system (called the “wallet”) can steal the funds and the tokens that arestored there. In the event of loss of the private key, the funds and tokens held will be permanently lost.The Issuer does not have the subscribers’ private keys and a private key should not be disclosed to anythird party.

Therefore, subscribers are responsible for keeping their private keys in a secure location. Subscribers areencouraged to use open-source, recognised and audited wallets to securely manage their private keys.

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Risks related to the functional scope of the Binance Smart Chain contractsIn principle, the computer code of a contract deployed on a blockchain cannot be changed. However, itmay be necessary during the life cycle of a contract to change its functional scope. This includes theaddition of features or security patches (e.g. a security shortcoming which was not detected during theaudit work which would require modification of the Binance Smart Chain contract code to be corrected).

If the functional scope of the contract has to be changed, a new version of the contract could beintroduced. This possibility of updating reduces the functional limits inherent to the immutable nature ofa blockchain contract. Any update of the Binance Smart Chain contract will be subject to a security audit.

Risk of fraud on the Internet and spoofingThere is a risk that malicious parties may try to defraud the subscribers via social media accounts whichuse the Issuer’s visual identity.

Therefore, subscribers shall only use the Issuer’s official communication network, the list of which is givenin Section “1.2 Contact details” and also set out below:

● Contact email: [email protected]● Website: www.lordtoken.com● Twitter page: https://twitter.com/lordtoken_off?s=11● Facebook page: https://www.facebook.com/LordToken-102969834974531● LinkedIn page: https://www.linkedin.com/company/lordtoken-pro/?viewAsMember=true● Instagram page: https://instagram.com/lordtoken_off?utm_medium=copy_link● Telegram discussion group: https://t.me/joinchat/1OhMDr9of4dhYjNk● Telegram news group: https://t.me/lordtokenofficial

● Channel Discord : https://discord.gg/hQjBFDj2E6

Risks regarding the hacking of non-blockchain applicationsThe term “non-blockchain” (or “off chain”) applications refers to applications other than those deployedon the Binance Smart Chain blockchain. For operational purposes, this offering requires the use ofblockchain applications and non-blockchain applications (e.g. the web server that hosts the subscriptionpage for the offering). Should a hacker manage to trap the subscription page without the knowledge ofthe Issuer and the subscribers, the crypto asset funds initially intended for the LTT subscription could bediverted to one or more Binance Smart Chain addresses controlled by the hacker, resulting in theirreversible loss of the subscriber’s crypto assets.

To avoid any such risk, the Issuer has implemented the security measures listed below:

● Strong authentication mechanism using SSH keys.● Protection against DdoS attacks.● Real-time monitoring of server health and alerts.● Firewall.● Up-to-date antivirus.● Mechanisms for detecting and blocking intrusion attempts.● Up-to-date operating system and software.● Daily backups of the database on an additional server.

However, any successful attack represents a risk that LTT token subscribers may partially or totally losetheir funds.

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4.3 Risks associated with the project

Risk of failure in the launch or the technical and operational development of the projectThe technological risk associated with the development of the interface seems low. However, thesubscriber shall consider the risk that there is a difficulty in generating interest in the interface despite thefact that it is functional.

Risk of a substantial modification of the project and the rights related to the tokensThe Issuer does not plan to change the features associated with the use of the LTT token via the interfacein the short term future. However, this possibility has not been ruled out.

Risk related to the absence of regular communication from the Issuer about its project or any eventwhich may affect the projectAs of the launch of the “LordToken”, the Issuer shall maintain a regular flow of communication with theholders of LTT tokens, via multiple communication channels (e.g. newsletter, Twitter). The risk associatedwith the absence of regular communication from the Issuer about the project or any event which mayhave an impact on the project is considered low.

Risks related to a lack of visibility on the regulations applicable to the token offering in all thejurisdictions in which the tokens will be offered as well as the taxation applicable to token subscribersThe taxation and accounting rules pertaining to the offering, sale or donation of LTT tokens are governedby French law in force on the date of this Information Document.

No assurance can be given as to the consequences of any judicial or administrative decision or anyamendment to the French legislation subsequent to the date of this Information Document. Such adecision or amendment could have a negative impact for both the subscribers and the value of the LTTtokens.

Furthermore, the Issuer disclaims any liability in relation to the adoption of a European Union textharmonising the legal status of digital assets and which could have an impact on the current status of theLTT tokens and the rights related thereto.

Without being considered as contractual advice, it is recommended that all buyers seek legal and taxadvice in order to be informed of the implications of buying LTT tokens or concerning their exchange withother digital assets or legal tender especially as regards their nationality and place of residence.

Risk related to the use of the tokensHolders of LTT tokens are responsible for their use. They shall also be responsible for the payment,purchase or sale of the tokens. The Issuer disclaims any liability should the tokens be used for thepurchase or the sale of products prohibited by law.

Risk related to the Covid-19 pandemicUp to the date of this Information Document, the impact of the Covid-19 pandemic on the Issuer may bequalified as minor. As the IT field lends itself well to the establishment of teleworking, the currentdevelopments involving the interface have not been delayed.

However, were a worsening of the Covid-19 pandemic to compel the Issuer to cope with this situation,the developments associated with the “LordToken” interface as well as the valuation of the LTT tokencould be negatively impacted. As a matter of fact, the measures that could be taken by the variousgovernments to fight against this pandemic are as yet uncertain and the Issuer is following the situationclosely to see if there are any negative consequences on users becoming members of the interface. Thiscould affect the business model in the short and medium term.

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5. Characteristics of the LTT initial token offering

5.1 Characteristics of the LTT token

Name : LTT

Decimals : 9

Standard : BEP20

Blockchain

Contract

: Binance Smart Chain

: 0x71e72DdE4152D274afD1F2DB43531Ed9E44A78Fa

The decimals mean that the LTT token can be divided up to nine digits after the dot.

Table of LTT token units

Unit Quantity of LTT

mega-LTT 1,000,000 LTT

kilo-LTT 1,000 LTT

hecto-LTT 100 LTT

deca-LTT 10 LTT

LTT 1 LTT

deci-LTT 0.1 LTT

centi-LTT 0.01 LTT

milli-LTT 0.001 LTT

micro-LTT 0.000 001 LTT

nano-LTT (smallest unit) 0.000 000 001 LTT (smallest decimal)

5.2 Characteristics of the offering

This public offering relates to the LTT utility token.

The Issuer, all its partners and in general all subscribers to the offering shall be entitled to the sameconditions of subscription as outlined below:

Number of tokens already issued : 0 LTT

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Digital asset accepted : USDT, BTC, ETH and BNB

Other accepted methods of payments : SEPA transfer and payment by bank card

Exchange parity of 1 LTT : The exchange parity will be disclosed to thesubscriber before any subscription

Minimum subscription : USD 200 (strategic sale)USD 1,000 (Initial token offering – phase 1)USD 100 (Initial token offering – phase 2)

Soft cap : none

Hard cap – Strategic sale : USD 800,000

Hard cap – Initial token offering – phase 1 : USD 3,000,000

Hard cap – Initial token offering – phase 2 : USD 10,000,000

5.3 Terms of subscription to LTT tokens

Subscription to the offering is accessible on the page https://www.lordtoken.com/.

To subscribe to the LTT initial token offering, subscribers must meet the following conditions:

1. Possess a Binance Smart Chain wallet.

The Binance Smart Chain wallet contains the public address used to receive the subscribed LTTs and theprivate key needed to sign transactions on the Binance Smart Chain blockchain.

When subscribing to the offering, if subscribers do not already have a Binance Smart Chain wallet, theywill be invited to create one. The subscriber has complete discretion as to the method used to create aBinance Smart Chain wallet and may decide not to opt for the method proposed by the Issuer.

2. Hold USDT, BTC, ETH or BNB in their wallet.

USDT, BTC, ETH or BNB tokens are the only types of digital assets accepted for subscribing to LTT tokens.The BNB token is needed to cover the transaction costs incurred by the use of the Binance Smart Chainblockchain.

When subscribing to the offering, if subscribers do not already have USDT, BTC, ETH or BNB tokens, theywill be invited to obtain such tokens. The subscriber has complete discretion as to the method used toacquire said tokens and may decide not to opt for the method proposed by the Issuer.

Moreover, if the subscriber prefers to subscribe via other means, the subscriber will also be given theoption to subscribe via a SEPA payment or a bankcard payment.

3. Validate the identification process

The prerequisite for taking part in the offering is validating each of the steps of the identification processcorresponding to the investor profile as outlined in Section “8- Knowledge of subscribers, anti-moneylaundering and security systems put in place” of this Information Document.

When subscribing to the offering, subscribers will be provided with a user path for assistance in theidentification process. Following the validation of the identification steps and if subscribers meet the

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eligibility criteria for taking part in the offering, then they will be able to exchange the USDT, BTC, ETH orBNB tokens for LTT tokens or to make a SEPA transfer or a payment by bankcard.

6. Technical procedures for the issuing of LTT tokens

6.1 Shared electronic registry system

The IT architecture underlying this initial token offering is based on the Binance Smart Chain blockchainused to deploy the automated computer programs (contracts) required to ensure smooth running of theoffering.

6.2 Security audit

The computer code of contracts relating to the issuing of the LTT tokens will be audited by the third partycompany.

7. No refund to subscribersSince there is no soft cap, no request for refund of the USDT, BTC, ETH or BNB tokens transmitted (or theamounts paid via SEPA transfer or bankcard) will be granted.

8. Knowledge of subscribers, anti-money laundering and

security systems put in place

8.1- Internal control procedures

Lord Services has set up an internal control procedure to fight against money laundering and thefinancing of terrorism, for internal use only. This procedure will be regularly monitored throughout theperiod for subscription to the initial token offering.

8.2- Categorisation of the risks

Three levels of money laundering and terrorist financing risks are considered by the Issuer.

Risk levels Applied measures

1 Low Standard control

2 Moderate Enhanced control

3 High Subscriber refused

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8.3- Refused subscribers

The following persons shall not be authorised to take part in the initial token offering:

Due to the high subscriber risk:

● Minors;● Natural persons, legal entities or their beneficial owners, identified at the time of their

registration as having committed a crime according to the qualified Thomson ReutersWorld-check databases;

● Legal entities, natural persons or their beneficial owners, who have not providedconsistent or sufficient information to substantiate the source of the funds;

● People subject to sanctions and/or wanted.

Due to the high country risk:● Natural persons or legal entities subject to American law as defined by American

regulations (“US Person”);● Natural persons or legal entities subject to Chinese law (“PRC Persons”);● Natural persons or legal entities who/which are nationals of a State or a territory included

on the lists of prohibited countries (“Prohibited Countries”), in accordance with ArticleL.561-4-1 of the French Monetary and Financial Code or subject to the law of ProhibitedCountries.

All subscribers are entered in the Thomson Reuters World-check research base to allow the Issuer toensure that they do not fall within the category of refused subscribers.

IP addresses geolocated in one of the prohibited countries will automatically be subject to enhancedcontrol.

8.4- Authorised subscribers

Only subscribers who have been checked and for whom the verification operations have been approvedby the Issuer may subscribe to the offering. Controls are carried out in real time, either at the Issuer’spremises or online via a dedicated platform, in accordance with the procedures described below.

8.5- Controls and measures applied

The aim of the controls and due diligence measures is to eliminate the risks of money laundering andterrorist financing before any possible subscription.

Accordingly, the Issuer must collect and analyse the information required to know the subject matter andthe nature of the business relationship between the Issuer, on the one hand, and the subscriber, on theother hand.

This information makes it possible to ensure that the transactions carried out are consistent with thebusiness activities of the potential subscriber, the risk profile presented by the business relationship and,based on the risk assessment, the origin and intended use of the funds relevant to the transactions.

The controls and due diligence measures apply, in particular, based on the amount of the desiredsubscription, although the detection of potential suspicions is also carried out on a case by case basis,given the “high” subscriber and country risks, as stated above.

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The Issuer carries out the same levels of control and due diligence whether the subscriber is an occasionalor regular subscriber.

Therefore, the Issuer gives its subscribers one of the following statuses:

Status LTT SUBSCRIBER LTT PLUS SUBSCRIBER

ThresholdAmount of subscriptions less

than or equal to1,000 euros equivalent

Amount of subscriptions of more than1,000 euros

Capacity ofsubscriber

Natural personor

Legal entity

Natural person (including politicallyexposed persons, or “PEP”, according to

the Thomson Reuters World-checkqualified databases) or

Legal entity

Nature of control Standard control Enhanced control

The enhanced control procedures are applied to PEPs, with no threshold requirements.

The enhanced control procedures also apply to persons whose IP address is located in a countrymentioned above (US Person, PRC Persons, Prohibited Countries).

The following supporting documents will be requested by the Issuer before any subscription:

a. For any subscriber, regardless of the amount of the subscription

● An email address;● Information needed to determine the subject matter and the nature of the business

relationship, in the form of a questionnaire (amount and nature of consideredtransactions, source of funds, intended use of funds, economic reason for thetransactions reported by the subscriber);

● The geolocation of the subscriber’s IP address (verified by our partner Synaps - refer toSection 8.7).

b. For an “LTT” subscriber

● Natural persons:○ Copy of a valid Identity document with a photograph (national ID card, passport

or driving licence).● Legal entities:

○ Certificate of incorporation (Extrait K-bis) issued within the last 3 months orequivalent.

If errors are included in the information transmitted by an LTT subscriber, the Issuer will ask thesubscriber by email to confirm and/or clarify the requested information. If the subscriber does not

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respond to the email, the subscriber shall be automatically blocked. If the new information transmitteddoes not help to eliminate these suspicions, the subscriber shall be subject to the enhanced controlprocedure.

Moreover, if the Thomson Reuters World-check search base reveals the presence of one or morequestionable elements, the Issuer shall submit the subscriber to the enhanced check procedure.

c. For an “LTT PLUS subscriber”

● Natural persons:○ Copy of a valid Identity document with a photograph (national ID card, passport,

driving licence);○ Copy of a proof of address issued within the last 3 months (bank details or

invoice).

● Legal entities (whose representative is duly authorised):○ Copy of any document or extract from an official register issued within the last 3

months or extract of the Official Journal;○ Copy of information about the beneficial owner(s) of the Issuer, natural persons

who ultimately control the legal entity wishing to become a subscriber, as well asthe organisation chart of the entity making it possible to clearly identify thebeneficial owners.

When the control is carried out on site (i.e. face to face with the subscriber, at the Issuer’s registeredoffice or any other place agreed between the parties), the original documents required for the controlshall be requested and verified on site, in the presence of the TRACFIN informant and the AML-CFTrepresentative Mr Nicolas Lefortier.

When the control is carried out remotely, meaning that the subscriber, whether a natural person or legalentity (duly authorised representative) is not physically present for identification purposes when thebusiness relationship is established, the Issuer shall demand that the payment of one euro by bankcard becarried out from an account open in the subscriber’s name with a credit or payment institution set up inan FATF Member State (intergovernmental organisation fighting against money laundering and thefinancing of terrorism). In this case, a copy of a second valid identity document with photograph is alsorequired (national ID card, passport, driving licence).

Whenever the Issuer has good reason to believe that the subscriber’s identity and the previouslyobtained identification information are no longer accurate or relevant, the Issuer shall carry out a newidentification of the subscriber and the verification of the subscriber’s identity.

In the event of error, inconsistency, suspicion or if the transmitted information is incomplete, the Issuerwill ask the subscriber by email to confirm the information that needs to be clarified. In the event of achange in situation (“PEP” or exceedance of the subscription threshold) resulting in a change of status,the subscriber shall inform the Issuer thereof and the Issuer may request that the subscriber provideadditional information. This information shall be sent within 7 calendar days following the request foradditional information. The subscriber shall not be allowed to take part in the offering if no reply to theemail is provided within the 7-day time period, or if after the additional Information has been sent, theerror, inconsistency, suspicion or deficiency continues.

8.6- Additional measures

In the event of a subscription (i) for an amount of more than 10,000 Euros or (ii) that is consideredsuspicious due to the legal structures involved, the country / territory of origin or destination of the funds

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or the nature of the considered transactions, additional supporting documents (other than those alreadyprovided) may be required.

8.7- Technical implementation of the controls

To enable a more efficient and secure implementation of the KYC/KYB control procedures, the Issuer hasentered into a partnership with Synaps, a company whose registered office is located at 6 ALLEESTENDHAL 69150 DECINES CHARPIEU, FRANCE, registered with the Trade Register of Lyon under number882 019 110.

To enable a more efficient and secure implementation of the AML-CFT control procedures, the Issuer hasentered into a partnership with Scorechain, a company whose registered office is located at 12 avenue duRock’n Roll L-4361 Esch-sur-Alzette, Luxembourg.

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Division of tasks between Lord Services, Synaps and Scorechain:

Lord Services Synaps Scorechain

Verification of identity documents -remotely

Verification of ID documents - on site ✓

Search for the origin of funds(questionnaire)

Verification of Thomson ReutersWorld-check data

Verification of PPE sanctions lists ✓

Geolocation of connection IPaddresses

Receipt of payment of one euro bybank card

Verification of the origin of cryptoassets

8.8- Cybersecurity systems

The IT architecture of the offering is based on two types of applications:

1. Blockchain applications (commonly called Binance Smart Chain contracts).2. Server and Internet-type applications which allow interactions with the contracts deployed in the

Blockchain.

The Issuer has taken steps to strengthen the security of these two types of applications.

Security measures implemented for the Blockchain applicationsThe functional scope of the contracts used has been reduced as much as possible to reduce the area ofattacks.

Unit tests have been prepared to verify the proper operation of each function making up the computercode of the contracts used.

Contract administration is carried out through a multiple signature system called “multisig”. A “multisig”is made up of several private keys. Each key is stored on a secure medium, in a separate and securelocation.

Security measures implemented in relation to the server and Internet applications

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The website used to subscribe to the initial token offering has an SSL certificate and only operates inHTTPS.

The servers which host the databases as well as the web pages required for the operation of the offeringall feature the following security mechanisms:

● Strong authentication mechanism using SSH keys;● Protection against DdoS attacks;● Real time monitoring of server health and alerts;● Firewall;● Mechanisms for detecting and blocking intrusion attempts;● Up-to-date operating system and software;● Daily backups of the database on an additional server.

The results of the KYC/AML checks are kept on the database of our partner Synaps.

9. Applicable law, jurisdiction and tax system

9.1 Law applicable to the Issuer

The applicable law is French law.

9.2 Jurisdiction

Any dispute shall be subject to the jurisdiction of the Commercial Court of Paris (France).

10. Certification of the responsible person

“I certify, after having taken all reasonable measures for this purpose, that the information contained inthe Information Document is, to my knowledge, current and accurate, and does not contain any omissionsthat could impair its scope.” Nicolas Lefortier

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