Network Capital Limited — Individual Account Opening Form

Personal Information

Personal Details

Title*

Surname*

First Name*

Other Name

Date of Birth*

Gender*

Male Female

Nationality*

State of Origin*

LGA of Origin*

Marital Status*

Religion

Profession / Occupation*

Mothers Maiden Name*

Country of Residence*

Passport Photograph*

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Click to upload

JPG or PNG · Max 2MB

Upload one recent, clear passport photograph showing one face.

Contact Details

Residential Address*

Postal Address (if different)

Phone Number 1*

For Nigeria, enter exactly 10 digits without the leading zero.

Phone Number 2

Email Address*

Preferred Communication*

Email Telephone WhatsApp

Utility Bill (within last 3 months)*

⬆

Click to upload or drag and drop

PHCN electricity water waste bill land use charge or tenement rate

Employment and Finance

Employment Details

Employment Status*

Financial Profile

Primary Source of Investment Funds*

Identity and BVN

Bank Verification Number

ⓘ

Your BVN is used only to verify your identity with NIBSS. Network Capital Limited uses your BVN only for identity verification and regulatory KYC checks.

BVN (Bank Verification Number)*

Exactly 11 digits — numbers only.

BVN must be exactly 11 digits (numbers only)

BVN Confirmation*

Must exactly match the BVN entered.

Identity Verification

Government-issued ID Type*

International Passport Drivers Licence National ID Card (NIN)

ID Number*

Issue Date

Expiry Date*

Tax Identification Number (TIN) (Optional)

Upload ID Front*

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Click to upload or drag and drop

Clear scan all corners visible

Upload ID Back

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Click to upload or drag and drop

Required for Drivers Licence and NIN

Next of Kin and PEP

Next of Kin

Full Name*

Relationship*

Phone Number*

Email Address

Address

Politically Exposed Person (PEP) Status

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A PEP is anyone currently or formerly entrusted with a prominent public function including Heads of State Governors Senior Officials Judicial Officers Military Officers Important Political Party Officials Senior Executives of State Corporations Traditional title holders and their immediate family members or known close associates.

Are you a Politically Exposed Person or Affiliated with a Politically Exposed Person?*

Yes No

Bank Details

Primary Bank Account

Bank Name*

Account Number*

Nigerian bank account must be exactly 10 digits

Account Name*

Must match the name on your BVN.

Account Type*

Branch Name*

Date Opened*

Bank Account 2 (Optional)

Bank Name

Account Number

Nigerian bank account must be exactly 10 digits

Account Name

Must match the name on your BVN.

Account Type

Branch Name

Date Opened

Signature Mandate

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Individual accounts are operated by the named account holder only. Joint, Corporate, Minor and Estate accounts may use multi-person mandates, but this Individual account will keep a single-signatory mandate.

Who may authorise transactions on this individual account?*

✓

Sole Signatory / Applicant Only Buy mandates, sell mandates, withdrawal instructions, CSCS/NASD instructions and account amendments must come from the named individual account holder.

Required mandate

Signatory Name*

Date*

Automatically set to the date this application is completed.

Investment Profile

Investment Objective*

Investment Protection / Savings Wealth Accumulation Retirement Income Future Commitment (Education/Property)

Prior Investment Experience*

None - first time 1 to 2 years 2 to 5 years Over 5 years

Investment Time Horizon*

Under 1 year 1 to 2 years 2 to 5 years Over 5 years

Risk Tolerance*

Low - capital preservation priority Medium - balanced growth and safety High - maximum growth, accept volatility

Account Preferences

Do you opt for Direct Settlement into your bank account?*

Yes No

Contract Note Delivery

✓

Email onlyContract notes are delivered to the email address supplied in this application.

NASD OTC Account

Open a NASD OTC Securities account?*

Yes No

How Did You Find Us?

How did you hear about Network Capital Limited?

Referral Name (if applicable)

Declarations

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Please read and accept all four declarations before continuing.

1. Risk Disclosure Statement

1. General Risk Warning: This document complies with NGX rules governing dealing members. The statement is not an exhaustive list of all risks of trading in the Nigerian Capital Market.

2. Nature of Risk: There are varying degrees of risk for different instruments. Do not invest unless you fully understand the risks involved and whether an investment is appropriate given your experience, objectives, financial resources, and all other conditions.

3. Capital Risk: An investor is at risk of losing 100% of their investment. Prices fluctuate, sometimes drastically. The value of a security may become insignificant and losses may be incurred rather than profits.

4. Currency Risk: Fluctuations in exchange rates may affect profit or loss in foreign currency denominated transactions.

5. Market Risk: Transactions in markets within and outside Nigeria may expose you to additional risks. Such markets may offer different or diminished investor protection.

6. Fee Awareness: Seek proper clarification of all fees commissions and charges before issuing a trading instruction. These will affect your net profit or increase your loss.

7. Execution Only: Network Capital Limited acts as an execution-only stockbroker and not a financial adviser. We only execute BUY and SELL mandates on the floor of the NGX.

Confirmation: I/We confirm that I/We have read and understood this Risk Disclosure Statement and any questions have been answered by Network Capital Limited to my/our satisfaction.

2. Electronic Instruction and Email Indemnity*

I/We request that Network Capital Limited may receive and act on properly authenticated instructions sent through the communication channels registered for this account. I/We acknowledge the operational risks of delay, interception, corruption, impersonation and unauthorised access, and undertake to notify Network Capital Limited immediately when a registered channel or device is compromised.

This indemnity applies only to electronic-instruction risk. It is not consent for marketing and does not waive rights that cannot lawfully be waived.

I/We accept the electronic-instruction and email indemnity terms stated above.

3. Terms and Conditions

Office Hours: 8:00 AM to 5:00 PM on each Business Day in Nigeria.

Market Hours: The market is open from 9:00 AM to 4:00 PM Nigeria time.

Mandate Deadline: Mandates received after the close of the market will be treated on the following market day.

Execution Only: Network Capital Limited executes mandates on a best-efforts basis. Network Capital Limited cannot guarantee execution on a particular day, even at the market price.

Settlement: The Nigerian market operates on T+1 settlement. Proceeds are credited to your registered bank account within one business day via CSCS Direct Settlement.

Fees: Brokerage is charged up to a maximum of 1.35%. SEC fee applies on purchases. NGX fee and CSCS fee apply on sales. Stamp Duty is 0.08%. CSCS Trade Alert is ₦6 per SMS alert. VAT applies only to applicable charge components as shown on the contract note.

AML Compliance: All transactions are subject to the Money Laundering (Prevention and Prohibition) Act 2022. Network Capital Limited is required to report suspicious transactions to the Nigerian Financial Intelligence Unit (NFIU).

Payments: All deposits must come directly from the clients own bank account. Proceeds are paid only to the registered bank account on file. No third-party payments.

Confidentiality: The Client agrees to keep confidential any information about Network Capital Limited. Network Capital Limited will not divulge client information to any third party except as required by law.

Termination: Either party may terminate with 3 days written notice provided no outstanding transactions remain to be settled.

Governing Law: This agreement is governed by the Laws of the Federal Republic of Nigeria.

Amendment: The client agrees to be bound by any review changes or amendments to these terms from time to time.

I/We have read understood and agree to be bound by the Terms and Conditions of Network Capital Limited as stated above and as may be amended from time to time.

4. Privacy Notice Acknowledgement — Nigeria Data Protection Act 2023*

Network Capital Limited processes information required to assess and administer this account, comply with securities, anti-money-laundering and other legal obligations, execute transactions, manage risk, prevent fraud and provide requested services. The applicable lawful bases include contract, legal obligation and legitimate interests as described in the NETCAP Privacy Notice (version 2026-07).

The notice explains the information collected, purposes, recipients, cross-border safeguards where applicable, retention criteria and data-subject rights. Privacy enquiries, access, correction, restriction, objection, withdrawal or erasure requests may be sent to the Data Protection Officer at dpo@networkcapitalltd.com. A complaint may also be submitted through the Nigeria Data Protection Commission.

Required KYC and account-administration processing is not based on marketing consent. Regulatory retention or another lawful basis may limit immediate deletion.

I/We acknowledge that I/we have read the referenced Privacy Notice and understand the required processing described above.

Optional Marketing Preferences

These choices are optional, unticked by default and do not affect account-opening eligibility. I/We may withdraw or object at any time through the Data Protection Officer.

Email newsletters, investor education and service promotions SMS investor education and service promotions WhatsApp investor education and service promotions

Third-Party Information Notice*

Where I/we provide information about a next of kin, reference, representative, beneficiary or another person, I/we confirm that the person has been informed or will be informed using NETCAP's Third-Party Privacy Notice, unless a documented legal exception applies.

I/We confirm the third-party notice obligation stated above.

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Network Capital Limited will NEVER ask for your ATM card number, OTP, full card details, or Networktrader login details via phone, email, WhatsApp or social media. If you receive any such request call 0706 200 2333 immediately.

References (2 Required)

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Provide two persons who have known you for at least 2 years and can attest to your suitability for a stockbroking account. References may not be family members. Each reference must use a different phone number and email address, and neither may reuse the applicant's contact details.

Reference 1

Full Name*

Phone Number*

Email Address

Duration of Acquaintance

Address

Reference 2

Full Name*

Phone Number*

Email Address

Duration of Acquaintance

Address

Applicant's Signature

How would you like to provide your signature?*

Draw signature Upload signature image

Applicant's Signature

Full Name*

Date*

Automatically set to the date this application is completed.

Sign here

CSCS Direct Settlement, Documents and Charges

CSCS Investor Bank Account Update Form for Direct Settlement

CSCS Plc, Stock Exchange House, 2/4 Customs Street Marina Lagos | contact@cscs.ng | www.cscs.ng | Tel: +234 070022552727 | FORM 001

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Fields marked AUTO are pre-filled from your application. Please verify each one before submitting.

CSCS Client Details

Account Type

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PersonalAutomatically selected for an Individual Account application.

Passport Photograph

Uploaded passport will appear here Applicant passport photograph

Full Name (Surname first)*

AUTO - pre-filled from your application

Date of Birth / CAC Number*

AUTO - pre-filled

Mothers Maiden Name (if applicable)

AUTO - pre-filled

Address*

CSCS Account Number

Assigned after activation - leave blank

Do you already have a Clearing House Number (CHN)?*

Yes No

Telephone 1*

AUTO - pre-filled

Telephone 2 (Optional)

Email Address 1*

AUTO - pre-filled

Email Address 2 (Optional)

Do you opt for Direct Settlement into your bank account?*

YES - Direct Settlement NO - Direct Settlement

Clients Bank Details (Settlement Banks Only)

Bank Name*

Bank Branch*

AUTO - pre-filled

Account Number*

Nigerian bank account must be exactly 10 digits

BVN (Bank Verification Number)*

Exactly 11 digits — numbers only.

BVN must be exactly 11 digits (numbers only)

Type of Account*

Current Savings Domiciliary

Stockbroking Firm Details

Stockbroking Firm Name

Member Code

Applicant's Signature

Name: Not providedDate: Not provided

Applicant signature will appear here

Document Checklist

Required Documents

Duly completed and executed account opening form
Utility Bill issued within the last 3 months (PHCN electricity water waste bill land use charge or tenement rate)
Valid Means of Identification (International Passport Drivers Licence or National ID Card / NIN Slip)
One recent passport photograph
Current residence permit - for foreign clients only

Applicable Charges - Equity Sales

Fee	Rate	Type
NGX Fee	0.3% of Consideration	STATUTORY
Brokerage Fee	Max 1.35% of Consideration	MAXIMUM
CSCS Trade Alert	₦6 per SMS alert	STATUTORY
Stamp Duty	0.08% of Consideration	STATUTORY
CSCS Fee	0.3% of Consideration	STATUTORY
VAT on Brokerage	7.5% of Brokerage	STATUTORY
VAT on NGX Fee	7.5% of NGX Fee	STATUTORY
VAT on CSCS Fee	7.5% of CSCS Fee	STATUTORY
VAT on CSCS Trade Alert	7.5% of CSCS Trade Alert	STATUTORY

Applicable Charges - Equity Purchases

Fee	Rate	Type
SEC Fee	0.3% of Consideration	STATUTORY
Brokerage Fee	Max 1.35% of Consideration	MAXIMUM
CSCS Trade Alert	₦6 per SMS alert	STATUTORY
Stamp Duty	0.08% of Consideration	STATUTORY
VAT on Brokerage	7.5% of Brokerage	STATUTORY
VAT on CSCS Trade Alert	7.5% of CSCS Trade Alert	STATUTORY

All contract notes show the full breakdown. No hidden charges. Brokerage may be negotiated for institutional clients. Speak with your Relationship Officer.

FOR AUTHORISED STAFF USE ONLY

Client Category: Retail Institutional Foreign Member Code: CCAP

Compliance Remarks

Relationship Officer

Name

Signature

Date

Compliance Approval

Name

Signature

Date

Approving Officer

Name

Signature

Date