E A S Y B U Y S T E R M S & C O N D I T I O N S EASY BUYS TERMS & CONDITIONS In consideration of First Gulf Bank (hereafter referred to as the “Bank”) agreeing to make available the First Gulf Bank Easy Buys Plan (hereafter referred to as the “Easy Buys”) to the Cardmember (as defined hereunder) at the Cardmember’s request, the Cardmember hereby agrees to the following terms and conditions. 1. Definitions Under these Terms and Conditions, where the context so admits, the following expressions shall have the meaning herein designated unless otherwise distinguished: 1.1 “Bank” means First Gulf Bank 1.2 “Primary Cardholder” means the person other than a Supplementary Cardmember who is issued a Primary Card and to whom the card account is first opened by the Bank. 1.3 “Cardmember” means the person for whose use the First Gulf Bank Visa and/or MasterCard credit card is issued by the bank and includes the primary Cardmember and any supplementary Cardmember. 1.4 “Credit Card” means the First Gulf Bank Visa Card and/or First Gulf Bank MasterCard issued by the bank to the Cardmember and includes the basic, supplementary and replacement cards. 1.5 “Credit Limit” means the maximum debit balance permitted by the Bank and as notified to the Cardmember from time to time. 1.6 “First Gulf Bank Easy Buys Plan” ((hereafter referred to as the “Easy Buys”), means the installment to be granted to the Cardmember by the Bank against a transaction he has made on the card of over AED 300 according to these Terms and Conditions. 1.7 “Statement of Account” means the Bank’s monthly or other periodic statement of account sent to the basic Cardmember showing particulars of the balance incurred by the Basic Cardmember and the Supplementary Cardmember, if any, and payable to the Bank. 1.8 “Supplementary Cardmember” means the person who is issued a Supplementary Card. 1.9 “Processing Fee” means an upfront / back end fee that will be charged from the Cardmember’s Credit Card for processing of the Easy Buys. 2. Eligibility 1.1 The Easy Buys is offered to First Gulf Bank Primary and Supplementary Credit Cardholder, (who meet the criteria determined by the Bank for this service and to whom the offer to participate in such service has been communicated by the Bank.)

1.2 The Bank shall issue the Easy Buys requested by the Cardmember at its sole discretion and reserves the right to refuse to issue a Easy Buys to any Cardmember without revealing the reasons for such refusal. 3 Amount of the Easy Buys 3.1 The Easy Buys issued by the Bank shall not be on transactions less than AED 300 and in all cases the principal amount of Easy Buys should not exceed the available Credit Limit on Credit Card (s) as on date of requesting. 3.2 The amount of the Easy Buys charged on the card will include the interest component of the Easy Buys amount. 3.3 The Bank shall have the right to determine the amount of any Easy Buys it issues at its sole discretion, provided that the same is within the limits described in Clause 3.1 above and does not exceed the amount requested by the Cardmember. 4. Billing and Repayment of the Easy Buys 4.1 The Easy Buys outstanding amount will be reflected in the next monthly statement and will be added to the Outstanding Balance of the Credit Card. 4.2 The Easy Buys outstanding amounts will abide by the same Terms and Conditions that are available in Clause 5 (Payments) of the Credit Card Agreement. 4.3 The repayment of the Easy Buys will be in equal monthly installments. The duration (number of months) will vary depending on the offer. 4.4 The interest charged on the Easy Buys will be at a flat rate as decided by the bank from time to time and will be levied upfront . No interest will be reversed on premature cancellation of the plan. 4.5 The Easy Buys monthly installment amount will be part of monthly minimum payment due. 5. Acceptance of Telephonic Instructions 5.1 The Cardmember authorizes the Bank to accept telephonic instructions given to the Bank to issue the Easy Buys whenever the Bank receives a telephone call from a person who identifies himself/herself as being the Cardmember. 5.2 The Cardmember agrees that the confirmation by the caller of the Cardmember’s identity, by provision of the personal details required by the Bank, will be sufficient evidence for the Bank to identify the caller and to act upon his/her instructions. 5.3 The Cardmember hereby consents to the recording of such telephone calls by the Bank and accepts such recordings as evidence before a court of Law or any other legal proceedings with regards to all the particulars of the Easy Buys including, but not limited to issuance of the Easy Buys, its amount, number of installments, etc.

The Cardmember consents to the use of such recordings by the Bank. 5.4 The Cardmember authorizes the bank to accept instructions pertaining to Easy Buys received by a letter, telephone, internet, IVR, SMS, facsimile, or any other channel introduced by the bank from time to time. 5.5 Any Default in payment of the installment amount shall be charged interest as part of the card outstanding. 5.6 The Cardmember agrees that the Bank’s records pertaining to the Easy Buys will be final and binding and that he/she shall not deny the validity of the transactions made with relation to the Easy Buys. 6. Indemnity 6.1 The Cardmember agrees to hold harmless and indemnify the Bank against any loss, cost, damage, expense, liability or proceeding incurred by the Bank by reason of these Terms and Conditions or any breach thereof or as a result of it acting upon the Cardmember’s instructions. 6.2 FGB shall not be in breach of these terms and conditions or otherwise liable to the Cardholder for any delay, non-performance, non-occurrence or failure with respect to the promotion, which is due to an event of Force Majeure. In such an event, FGB may cancel, terminate, modify or suspend the Promotion and terminate these terms and conditions and FGB’s obligation to the Cardholder is automatically discharged without liability to FGB and necessity of FGB to provide notice to the Cardholder. For the purposes of these terms and conditions, Force Majeure means a circumstance beyond the reasonable control of FGB including amongst other things, strikes or other industrial disputes, acts and/or regulations of any governmental or supra national bodies or authorities in any jurisdiction (including without limitation any charges to laws which could hinder, delay, restrict or prohibit the promotion) or any transport, port or air disruption, Acts of God; hurricane, tornado, or other weather conditions; labor strike, lockout or other industrial disturbance or; war, riot, sabotage, act of public enemy or threat of any of the foregoing; terrorist act or gang violence or threat of any of the foregoing; flood or other natural disaster. 7. The Terms and Conditions herein shall be without prejudice to the existing First Gulf Bank Credit Card Agreement Terms and Conditions governing the issuance and use of the First Gulf Bank Credit Card which shall apply to the Easy Buys. 8. If at any time dispute arises in connection with either the Easy Buys or these Terms and Conditions, the Bank’s decision in connection with the same shall be final and binding. The Bank reserves the right to terminate the Easy Buys without prior notice.

9. The Bank may from time to time, upon giving prior written notice to the Cardmember, change any provision of these Terms and Conditions at its sole discretion. 10. The Cardmember acknowledges that he/she has read the entire Terms and Conditions and accepts to be bound by them. The Cardmember also agrees that his/her usage of the Easy Buys establishes his/her consent to these Terms and Conditions. 11. The Terms and Conditions are governed by and shall be construed in accordance with the laws of the UAE and the Cardmember hereby submits irrevocably to the laws of the non-exclusive jurisdiction of the civil courts of Dubai. Such submissions shall however not prejudice the rights of the Bank to bring proceedings against the Cardmember in any other jurisdiction. 12. First Gulf Bank shall only be responsible for booking the CardMembers request for Easy Buys on products/services offered by Suppliers.First Gulf is not and shall not be considered as any time as the supplier of product/services available under the Easy Buys program. 13. First Gulf Bank shall not take any warranty whatsoever (whether expressed or implied) and undertakes no liability in respect of the quality or their suitability or fitness for any purpose of service/products booked under Easy Buys. 14. Other terms and conditions apply.