This is a general informational announcement and is not a promotion. Products and services referred to here may not be available in your region. Terms and conditions apply. Fellow Binancians, Binance introduces the Binance FPSL (Fully Paid Securities Lending) HODL Leaderboard for Stocks users. Eligible participants can earn up to 388 USDC in rewards based on their leaderboard ranking. Activity Period: 2026-07-06 12:00 (UTC) to 2026-08-02 23:59 (UTC) Explore Now Eligibility: All users who successfully enabled the FPSL (Fully Paid Securities Lending) function and opted-in to the Activity are eligible. Eligible assets: U.S.-listed stocks and ETFs on Binance that are fully settled (T+1 trading day). How to Participate: Step 1: Visit the landing page and opt-in by clicking the [Join Now] button. Step 2: Turn on the FPSL (Fully Paid Securities Lending) function for your stocks holdings. Step 3: HODL your stocks while your FPSL is on. The more stocks you lent successfully and the longer the duration, the higher your rank. Note: Alpaca will automatically lend the shares based on market demand from your account after you turn on FPSL and will not notify you in advance. Reward Structure: Eligible Users’ Rankings Based onTheir Stock Holdings * Number of Days FPSL EnabledDistribution per Eligible User (in Token Vouchers)1st Place388 USDC2nd - 3rd Places188 USDC4th - 5th Places88 USDC6th - 10th Places68 USDC11th - 20th Places28 USDC21st - 50th Places18 USDC51st - 100th Places8 USDC Important Notes: Rankings are not updated in real time. It is calculated and refreshed daily on a T+1 basis based on the number of days FPSL is enabled * the user’s stock holdings while the FPSL function is enabled.The Fully Paid Securities Lending Program allows the institutional borrower to borrow eligible assets from eligible users’ stocks holdings under their Binance account. Interest will be credited to eligible users’ accounts every month when the eligible assets are lent out.Alpaca will automatically lend the shares based on market demand from eligible users’ accounts once they enable the FPSL function. Users will not be notified in advance.The daily interest is calculated based on the market value of the user’s loaned shares, the annualized lending rate (determined by market demand), and their share of the gross lending fee. Stocks in high demand for short selling typically earn higher rates.Formula (simplified):Interest = Market Value of Loaned Shares * Annualized Lending Rate * User’s Share % / 365 * Days on LoanLending eligible assets will not affect any of the user’s trading activities. Users can still sell the eligible assets at any time. When the user sells a stock that is currently on loan, the loan is automatically recalled. Interest stops accruing from the time of sale. However, the leaderboard will be based on the user’s stocks AUM, and their ranking may be affected after that. Terms and Conditions: During the Activity Period, the terms and conditions below terms (“Discount Terms”) apply in addition to the following: (a) Binance Terms of Use; (b) Binance Privacy Notice; and (c) Securities Trading Product Terms. all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice.Users must confirm their participation and enable the FPSL function for their stocks during the Activity Period to be eligible for rewards.Distributions are limited to the top 100 eligible users ranked by the number of days FPSL is enabled * Stocks holdings while the FPSL function is enabled during the Activity Period, subject to Binance’s final verification.Rankings are updated daily (T+1). Data delays, system adjustments, cancellations, reversals, failed lending events, or other anomalies may impact displayed rankings and final results.Distribution:All USDC token vouchers will be distributed to eligible users by 2026-08-20.Users will be able to login and redeem their token voucher via Profile > Rewards Hub. All token vouchers will expire within 21 days after distribution. Eligible users should claim their vouchers before the expiration date, and no replacement will be provided. Learn how to redeem a Binance voucher.Please note that the actual value received by a user is subject to change due to market fluctuation.Final results are not negotiable nor transferable.Once the available distribution for the FPSL (Fully Paid Securities Lending) HODL Leaderboard has been allocated to users, no further distribution will be provided notwithstanding that an eligible user may have eligible stocks holdings.A user’s stocks holdings in this Stocks HODL Leaderboard will be calculated only after the user has opted-in. Binance reserves the right to disqualify a user’s eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these activities, the eligibility terms and criteria, the selection and number of reward recipients, and the timing of any act to be done, and all participants shall be bound by these amendments.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-07-07 Disclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning. Binance ADGM entities are regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Markets (ADGM) as follows: (1) Nest Exchange Limited is recognised as a Recognised Investment Exchange (Derivatives), with a stipulation to Operate a Multilateral Trading Facility; (2) Nest Clearing and Custody Limited is recognised as a Recognised Clearing House, with a stipulation to Provide Custody and operating a Central Securities Depository; (3) Nest Trading Limited is authorised to carry out the following Regulated Activities: (i) Dealing in Investments as Principal; (ii) Dealing in Investments as Agent; (iii) Arranging Deals in Investments; (iv) Managing Assets; (v) Providing Money Services; and (vi) Arranging Custody.