Updated as of 6 Aug 2025

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Table of Contents

1. Eligibility & Qualification
2. Funding & Holding Requirements
3. Reward Distribution
4. Others
5. Terms & Conditions

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Eligibility & Qualification

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Funding & Holding Requirements

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Reward Distribution

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Others

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Terms & Conditions

The Syfe x HeyMax Miles Promotion (“Promotion”) is organised by Syfe Pte. Ltd. (“Syfe”). By participating in this Promotion, you agree to be bound by these Terms and Conditions, as well as the terms outlined in your customer agreement, and to accept Syfe’s decisions regarding all matters related to the Promotion.

1. Promotion Period
The period to which individuals can register for the Promotion starts on 6 August 2025 at 12:00 PM SGT and ends on 21 December 2025 at 11:59 PM SGT (the “Promotion Period”).

2. Eligibility
To be eligible for the Promotion, the person must:

• be a new-to-Syfe client, defined as either:
  (a) an individual who has not yet registered for a Syfe account, or
  (b) an individual who has registered but has not yet funded their account.
• be a legal resident of Singapore;
• be the age of 18, or older, at the time of participation; and
• meet the requirements set out below.

3. Funding Period
The Funding Period begins upon successful application of the promo code and ends thirty (30) calendar days after that at 11:59 PM SGT. Only a single, one-time deposit of at least the qualifying amount will be considered for the Promotion. Cumulative deposits will not be eligible (the “Funding Period”).

4. Qualifying Action
To qualify for the Promotion, eligible clients must:
(i) Register for a Syfe account via HeyMax and complete the know-your-customer (KYC) process.
(ii) Apply the promo code “HEYMAX” during the Promotion Period after KYC completion.
(iii) Complete a one-time fresh deposit and relevant product-specific action(s), as outlined below in the Reward Tiers, during the Funding Period (“Qualifying Funding”).

Reward Tiers:

A. Managed Portfolios (excluding Private Wealth offerings) / Cash+ Flexi

B. Brokerage

C. Qualify for Both

Clients may qualify for both categories by meeting the respective criteria separately. For example: Deposit S$10,000 into Managed Portfolio and deposit S$10,000 into Brokerage + complete 1 US buy trade -> 2,500 + 3,500 = 6,000 Max miles.

For the avoidance of doubt, deposits into Cash+ Guaranteed SGD, Cash+ Guaranteed USD portfolios and Private Wealth offerings will not be considered as part of the Qualified Funding amount.

Only fresh deposit(s) successfully received by Syfe by the end of the Funding Period will be considered Qualifying Funding. Transfers between existing Syfe portfolios will not be eligible.

Please note that the ability to benefit from the promotion is contingent upon successful account opening and know-your-customer (KYC) process completion with Syfe. Clients must apply the promo code only after the know-your-customer (KYC) process has been completed. This Promotion cannot be used in conjunction with any other promotional offer, unless specified herein.

5. Reward:
The reward (“Reward”) is based on the qualifying one-time fresh deposit(s) amount made into the client’s Syfe account and the corresponding qualifying action completed (if applicable) during the Funding Period. Please refer to the relevant reward structure above for Managed Portfolios / Cash+ Flexi and Brokerage products.

Each qualifying deposit tier corresponds to a fixed number of Max Miles, which will be credited to the client’s HeyMax account after verification.

Requests relating to other specifications of the Reward not referred to above are subject to availability, and Syfe is under no obligation to fulfill such requests. Syfe reserves the right to substitute or modify the Reward if the stated miles or delivery method becomes unavailable, or for any other reason at its sole discretion.

Max Miles will be credited to the client’s HeyMax account and are subject to HeyMax’s own terms and conditions. While the miles themselves can be redeemed or converted within the HeyMax ecosystem, they are not exchangeable for cash, refundable, or transferable to other individuals outside of the HeyMax platform.

Unless specified in the terms of other promotions, this Promotion cannot be combined with other offers or promo codes.

6. Holding Period:
Unless otherwise stated, clients must retain the minimum one-time fresh deposit(s) required to qualify for their respective Reward in their Syfe account for a period of 90 days following the end of the Funding Period. Any withdrawal of funds during this 90-day holding period may result in forfeiture of the Max Miles reward.

If Syfe, at its sole discretion, suspects fraudulent behaviour or attempts to game the system — including, but not limited to, withdrawing during the holding period — Syfe reserves the right to disqualify the client from this Promotion and take appropriate action. This may include denying the issuance of Max Miles and barring participation in future promotions.

7. Reward Distribution:
After the 90-day holding period ends, eligible clients will receive their HeyMax Miles credited to their HeyMax account within 30 business days. Syfe is not responsible for any unclaimed or undelivered HeyMax Miles resulting from a client’s failure to create or access a HeyMax account. For full terms and conditions, please visit heymax.ai/company/terms. For enquiries, visit heymax.ai or contact the HeyMax team at [email protected].

8. Grace Period for Promo Code Application:
Clients who have already funded their account but forgot to apply the promo code may still do so within 14 calendar days from their initial funding date. Any request to apply the promo code beyond the grace period must be submitted to the customer service team at [email protected] and will be reviewed on a case-by-case basis.

9. Currency:
All currencies shown in these terms and conditions are in Singapore dollars.

10. Collection of Information:
By providing your information for this Promotion, clients understand and agree that Syfe will collect and use their personal information for the purposes of administering this Promotion, sending relevant marketing communications, and in accordance with Syfe’s Privacy Policy. You may opt out of marketing communications at any time.

To fulfil the Reward, Syfe may share relevant client information (such as your name and email address) with HeyMax or its authorised partners. By participating, you consent to this data sharing and acknowledge that the handling of your information by HeyMax will be governed by their own privacy policy.

Any questions regarding Syfe’s Privacy Policy or treatment of your personal information should be directed to [email protected].

11. Release:
By participating in the Promotion, client assumes all risk of injury, illness, disease, death, or any other damage which may arise in connection with their participation in the Promotion. Without limiting the foregoing, client hereby:(a) forever releases and discharges Syfe and its parent companies, subsidiaries, affiliates, related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the “Releasees”), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees) (collectively, the “Claims”) in any way arising directly or indirectly out of any injury, loss, or damage that Client may suffer as a result of, or in connection with the participation in the Promotion or any promotion-related activity, including the use of the Reward; and (b) indemnifies, defends and holds harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of the Client’s own negligence or willful misconduct during or in connection with the participation in the Promotion.

12. Reservation of Rights:
Syfe reserves the right to amend, withdraw, or restrict the promotion at any time without notice. Syfe is the sole arbiter of these rules and any other issue arising under the promotion. If Syfe suspects fraudulent or abusive behaviour, gaming of the system, inappropriate, offensive, or derogatory language or information, or a violation of these terms, Syfe reserves the right to remove all promotions and take any other action it deems appropriate including, but not limited to, removing the Reward retail value from the client(s) account) or closing the client(s) account.

13. General:
In the event of any inconsistency between these Terms and Conditions and any advertising, promotional, publicity, and other materials relating to or in connection with this promotion, these Terms and Conditions shall prevail.

No content herein shall be considered an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. All types of investments are risky and investors may suffer losses. All information and data on the website are for reference only. Past performance does not guarantee future results. This promotion does not take into account your investment objectives, financial situation, or financial needs.

14. Disclaimers:
This content is intended solely to provide general information only and should not be viewed as financial advice, and also not meant to market any specific investment or offer or recommend the purchase or sale of any specific investment product or security. Syfe makes no representations and gives no warranties about the accuracy or suitability of any information provided. All forms of investments carry risks, including the risk of losing all of the invested amount. You should carefully consider whether any investment views and products/ services are appropriate in view of your personal investment experience, objectives, financial resources, and relevant circumstances. You may wish to seek financial advice through a financial advisor or the Syfe platform and independent legal, accounting, regulatory, or tax advice, where appropriate and/or necessary.

This content is directed at and restricted (as applicable and as appropriate) to individuals resident in or entities having a place of business or operations in Singapore. Syfe makes no representation that the material and information contained herein are appropriate or available for use in other locations/ jurisdictions.

No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of you acting based on this information.

Syfe Pte Ltd. is a digital investment platform licensed by the Monetary Authority of Singapore. Full disclaimers and terms & conditions are available at www.syfe.com.

This advertisement has not been reviewed by the Monetary Authority of Singapore.