Legal & Compliance

AML / KYC Policy

Effective Date: June 12, 2026

Baalvion Industries Private Limited, operating the brand Baalvion Mining Inc. (the "Company", "we"), is committed to preventing money laundering and the financing of terrorism across the Baalvion Mining platform (the "Platform"). This policy describes the principles and controls we apply, in alignment with applicable Indian anti-money-laundering (AML) norms.

1. Commitment to AML / CTF

We are committed to combating money laundering (AML) and counter-terrorist financing (CTF). We seek to ensure the Platform is not used to launder the proceeds of crime, evade sanctions, or finance unlawful activity, and we maintain a risk-based compliance programme to support this commitment.

2. Customer Due Diligence (KYC)

All business participants are required to complete Know Your Customer (KYC) verification before transacting on the Platform. Due diligence includes verifying the identity of the organisation, its beneficial owners, and its authorised representatives, and understanding the nature of the intended business relationship. We apply enhanced due diligence to higher-risk participants and relationships.

3. Document Verification

We collect and verify supporting documentation such as proof of incorporation, business registrations, identity documents, and authorised-signatory evidence. We may request additional information or documentation where necessary to complete or refresh verification.

4. Sanctions & PEP Screening

As a matter of policy, we screen participants against applicable sanctions and watchlists and assess exposure to politically exposed persons (PEPs). Where a participant presents an unacceptable risk, we may decline onboarding, restrict activity, or terminate the relationship.

5. Transaction Monitoring

We monitor activity on the Platform on a risk-based basis to identify unusual or potentially suspicious patterns inconsistent with a participant's known profile or legitimate business purpose.

6. Record-Keeping

We retain KYC records, due-diligence information, and transaction records for the periods required under applicable law. These records support our compliance obligations and may be made available to competent authorities where lawfully required.

7. Suspicious Activity Escalation

Where activity is identified as potentially suspicious, it is escalated for internal review. We take appropriate action, which may include requesting further information, suspending activity, and reporting to the relevant authorities in accordance with applicable law.

8. Cooperation With Authorities

We cooperate with law-enforcement and regulatory authorities and respond to lawful requests in accordance with applicable law. We will not tip off any participant where prohibited from doing so.

9. Governance & Review

This policy is reviewed and updated periodically to reflect changes in our risk profile and applicable law. Participants are expected to cooperate with our AML/KYC procedures as a condition of using the Platform.

10. Contact

For AML/KYC enquiries, contact Baalvion Industries Private Limited at trade@baalvion.com.

This document is provided for transparency and does not constitute legal advice. Baalvion Mining Inc. is a brand operated by Baalvion Industries Private Limited, incorporated in India under CIN U43121OD2025PTC048479.