The Four Golden Rings Syndicate Limited (the “Syndicate”) is a company established for profit under the Federal Republic of Nigeria Companies and Allied Matters Act, 2020 (the “Act”).

The Syndicate’s purpose is to:

• Foster innovation, collaboration, and growth among its members
• Provide a platform for members to share ideas, resources, and expertise
• Facilitate business opportunities and partnerships among members
• Promote entrepreneurship, economic growth, and social impact
• Engage in any other lawful activities that further the interests of the Syndicate and its members.

The Syndicate is committed to creating a supportive ecosystem for its members to thrive and succeed, while adhering to the highest standards of integrity, transparency, and compliance with applicable laws and regulations.

The Syndicate shall be governed by the following bodies:

Executive Council (Executive Managers):

The Syndicate shall be led by an Executive Council, consisting of seven directors elected by the Supreme Council (The board of directors & Shareholders) at the annual general meeting.

Supreme Council (The board of directors & Shareholders):

The Supreme Council shall be comprised of all shareholders of the Syndicate, who shall meet annually to receive reports, elect directors, and make key decisions affecting the Syndicate.

The Supreme Council shall be responsible for:

• Overseeing the management of the Syndicate
• Setting strategic direction and policies
• Approving major business decisions
• Ensuring compliance with legal and regulatory requirements

The Executive Council shall be accountable to the Supreme Council and shall report to them at the annual general meeting.

Codes of Conduct for Agents and Directors within the Syndicate

The Four Golden Rings Syndicate Limited (the “Syndicate”) is committed to maintaining the highest standards of integrity, transparency, and ethical behavior in all its dealings. This Code of Conduct outlines the expectations for Agents and Directors within the Syndicate.

Agents:

• Conduct business with integrity, honesty, and transparency
• Act in the best interests of the Syndicate and its members
• Maintain confidentiality of sensitive information
• Avoid conflicts of interest and disclose any potential conflicts
• Comply with all applicable laws and regulations
• Treat colleagues, members, and partners with respect and dignity

Directors (Executive Council):

• Lead by example and uphold the highest ethical standards
• Make decisions in the best interests of the Syndicate and its members
• Disclose any conflicts of interest and recuse themselves when necessary
• Ensure compliance with legal and regulatory requirements
• Foster a culture of transparency, accountability, and open communication
• Protect the assets and reputation of the Syndicate

Consequences of Non-Compliance:

• Breaches of this Code may result in disciplinary action, including termination of agency or directorship
• The Syndicate reserves the right to report any illegal activities to the appropriate authorities

Acknowledgement:

By accepting their role, Agents and Directors acknowledge that they have read, understood, and will comply with this Code of Conduct.

The Four Golden Rings Syndicate Limited (the “Syndicate”) is committed to maintaining the highest standards of ethical behavior and compliance with applicable laws and regulations. This Whistleblower Policy provides a framework for reporting and addressing concerns related to unethical behavior, fraud, or other illegal activities within the Syndicate.

Purpose:

To provide a safe and confidential reporting mechanism for Whistleblowers to report concerns without fear of retaliation.

Scope:

This Policy applies to all Agents, Directors, employees, contractors, and vendors of the Syndicate.

Reportable Conduct:

• Unethical behavior
• Fraud or financial irregularities
• Illegal activities
• Violations of company policies or procedures
• Threats to the safety and well-being of colleagues or members

Reporting Mechanisms:

• Email: whistleblower@fourgoldenrings.com
• Phone: +234 09126745763
• Mail: Whistleblower Committee, The Syndicate, 42 Local Airport Road Ikeja Lagos, Nigeria.

Protection of Whistleblowers:

• The Syndicate will maintain the confidentiality of Whistleblowers to the fullest extent possible
• Whistleblowers will be protected from retaliation, harassment, or victimization
• The Syndicate will take prompt and appropriate action in response to reports

Investigation and Resolution:

• Reports will be investigated promptly and fairly
• The Whistleblower will be informed of the outcome of the investigation (subject to legal constraints)
• Appropriate action will be taken to address any misconduct or wrongdoing

Retaliation Protection:

• The Syndicate will not tolerate retaliation against Whistleblowers
• Any form of retaliation will be considered a serious offense and may result in disciplinary action

Acknowledgement:

By reporting concerns, Whistleblowers acknowledge that they have read, understood, and will comply with this Policy.

The Four Golden Rings Syndicate Limited (the “Syndicate”) has established various committees to support the effective governance and management of the organization. The Board of Committees is responsible for overseeing the work of these committees and ensuring that they operate in accordance with the Syndicate’s objectives and policies.

Committees:

• Audit Committee: Responsible for ensuring the accuracy of financial statements, reviewing audit reports, and overseeing internal controls.
• Risk Management Committee: Identifies and assesses potential risks, develops risk management strategies, and monitors their implementation.
• Nominations and Governance Committee: Oversees the nomination process for the Executive Managers, ensures compliance with governance practices, and reviews committee charters.
• Compensation and Remuneration Committee: Develops and implements policies for employee compensation and benefits, and reviews director remuneration.
• Investment Committee: Reviews investment opportunities, develops investment strategies, and monitors investment performance.
• Membership and Engagement Committee: Develops strategies to enhance member engagement, reviews membership applications, and oversees member relations.
• Events and Programs Committee: Organizes and coordinates events, conferences, and programs that align with the Syndicate’s objectives.

Committee Membership:

• Each committee shall consist of at least three members, appointed by the Board of Directors.
• Committee members shall serve for a term of two years, renewable for an additional term.
• Committee members shall have the necessary expertise and experience to fulfill their responsibilities.

Responsibilities:

• Each committee shall report to the Board of Directors and provide recommendations on matters within their scope.
• Committees shall operate in accordance with their charters and the Syndicate’s policies and procedures.

1. Membership Eligibility & Screening

All applicants must undergo full Know-Your-Customer (KYC) verification. The Syndicate reserves the right to reject any applicant without explanation if eligibility standards are not met. All members must submit a signed declaration of intent outlining personal goals and commitment.

2. Minimum Commitment Clause

All memberships are binding for a minimum of 12 calendar months. Early exits, suspensions, or refund requests will not be honored except in cases of verified fraud or internal disciplinary expulsion.

3. Tiered Benefit Unlocking

Access to benefits is not automatic and follows a staged timeline:

• Month 1 – 2: Orientation, dashboard, digital tools, corporate benefits
• Month 3–4: Altruism benefits (excluding cash benefits & loans)
• Month 5-6: Cash support & Loans

4. Performance-Linked Access

• Members must maintain monthly payments without default. A single default results in immediate benefit suspension.
• Benefit access is not tied to referral activity, savings behavior, agent engagement, or orientation attendance.
• Inactive members for 90 days will have their accounts frozen until reinstatement process is approved.

5. Cap on Claims & Withdrawal Rules

Each benefit has a strict maximum limit. Members may only access 3 core financial support claim per 12-month cycle.

Loans, or grants exceeding ₦500,000 are subject to additional approval by a 3-person Benefits Oversight Board.

6. Misconduct, Abuse & Termination

Any falsification of identity, document forgery, payment manipulation, or misuse of benefits results in immediate and permanent expulsion.

All expelled members forfeit all accumulated benefits, records, or balances and are banned from future re-application.

7. Syndicate Oversight & Enforcement

All high-tier claims are reviewed by the Benefits Oversight Committee before approval.

The SJSA (Syndicate Justice & Security Agency) is empowered to investigate, interrogate, and prosecute internal abuses.

8. Legal Standing & Waiver

By activating a membership, the member waives the right to claim public defamation, unjust treatment, or operational disclosure.

Members agree to be governed by the Syndicate Constitution, including dispute resolution via internal tribunal only.

9. Binding Membership Duration Declaration & Early Exit Penalty

All members are required to declare their intended membership duration at the point of joining — with a minimum commitment of 12 months.

This declared duration is legally binding and forms the contractual basis of membership.

Members are prohibited from canceling, abandoning, or withdrawing their membership before completing their declared timeframe.

If any member requests to exit early — regardless of reason or membership tier — they shall be:

• Fined 70% of the total value of all benefits disbursed to them, calculated from their membership start date
• Permanently disqualified from rejoining the Syndicate
• Required to settle the fine within 30 days, or face legal and public expulsion procedures

Members who are unable to meet their monthly fee obligations must:

• Immediately notify the Syndicate
• Submit a formal request for support via their assigned agent or dashboard
• Be placed under review by the Support & Restructuring Committee

If no notice is given, and payment defaults persist, the member will:

• Be placed under temporary suspension
• Lose eligibility for active benefits during the default period
• Risk triggering the early exit penalty if they abandon their membership without a formal resolution

This clause applies equally to all membership tiers — VIP, Supreme VIP, and Elite.

It exists to protect the sustainability of the benefits system and ensure every member upholds the mutual contract of trust and responsibility.

Final Reminder: By joining the Syndicate, you agree to fulfill your declared term, uphold your obligations, and respect the shared structure that empowers us all.

AGENT DESIGNATIONS

The Syndicate assigns a dedicated, specialized Agent to each member, ensuring personalized support and prompt delivery of membership benefits and compensations. These agents serve as member advocates, proactively engaging and regularly checking in to guarantee timely receipt of entitlements. With a focus on building strong relationships, they provide tailored guidance and assistance, ensuring a seamless and exceptional membership experience.

MEMBERSHIP BENEFITS CLASSIFICATION

Member benefits are categorized into two main classes:

1. Altruism Benefits
2. Corporate Benefits

Altruism Benefits:

These are designed to support members in need and include:

• Educational Support and Sponsorships
• Skills Acquisition Support
• Cash Support for Challenges
• Grants for Projects
• Investment Opportunities

Corporate Benefits:

These are designed to support members’ financial and professional well-being and include:

• Interest-Free Loans
• Health Insurance
• Life Insurance
• Phone Insurance
• Referral Compensations
• Networking Opportunities

BENEFIT FULFILLMENT RULES

Altruism Benefits:

If an Altruism Benefit is currently active and in the process of fulfillment, the Syndicate will not authorize the initiation of another Altruism Benefit until the current one is fully completed.

This policy ensures the effective allocation of resources and addresses each member’s needs in a systematic and orderly manner.

BENEFIT DELIVERY

Contacting Agents:

Members should contact their designated agent at all times for complaints & claims related to benefits. The assigned agent will facilitate the benefit delivery process and address any issues or questions regarding the benefits.