KYC / AML Policy

1. Purpose

JOCOLA Labs, Inc. is committed to complying with all applicable Know Your Customer (KYC), Anti-Money Laundering (AML), and accredited investor verification requirements in connection with the JOCOLA Credits SAFT Program under Regulation D Rule 506(c). This policy establishes the minimum standards for verifying the identity and accredited status of all SAFT program participants.

2. Accredited Investor Verification (Reg D 506(c))

This offering is restricted to accredited investors under Regulation D Rule 506(c). Prior to SAFT execution, all participants must provide evidence of accredited status via one of the following: (a) CPA or attorney letter confirming accredited status; (b) broker-dealer or investment advisor confirmation; (c) documentation of qualifying income ($200K+ individual / $300K+ joint) or net worth ($1M+ excluding primary residence); or (d) third-party verification service approved by JOCOLA Labs.

3. Required KYC/AML Documentation

All individuals participating in the JOCOLA Credits SAFT Program must provide:

• Government-Issued Photo ID: Passport, driver's license, or national ID card (must be valid and not expired).
• Proof of Address: Utility bill, bank statement, or official government correspondence dated within 90 days showing full name and current address.
• Selfie with ID: A live photograph of the participant holding their ID document.
• Source of Funds Declaration: For investments over $25,000, a brief statement describing the source of funds used for the purchase.

For entity (company) purchasers, additional documentation including certificate of incorporation, beneficial ownership information, and authorized representative identification is required.

3. Prohibited Persons

Jocola International will NOT process token sales for:

• Individuals or entities on OFAC (Office of Foreign Assets Control) sanctions lists.
• Residents of jurisdictions where cryptocurrency token sales are prohibited by law.
• Individuals who cannot pass AML screening checks.
• Politically Exposed Persons (PEPs) without enhanced due diligence approval.

4. Verification Process

After submitting your SAFT Application, you will receive a secure link to our accredited investor verification and KYC/AML partner portal. Verification typically takes 1–3 business days. You will be notified by email of your verification status. Formal SAFT Agreements will only be issued after successful accredited investor verification and KYC/AML clearance.

5. Data Security

All KYC documents are processed through encrypted, SOC 2 compliant systems. Documents are retained only as long as required by applicable law and Jocola's data retention policies. Your personal information will not be sold or shared with third parties except as required for compliance purposes or by law.

6. Governing Law

This KYC/AML policy is governed by the laws of the State of Wyoming, United States. JOCOLA Labs, Inc. reserves the right to update this policy at any time to reflect changes in applicable law or regulatory guidance.