AgaOne Bullion
Gold Lease

Gold lease objective

Monetary Metals’ True Gold Lease program has one objective; to put your gold to work. This is achieved by matching gold owners with businesses that use gold productively. True Gold leases are designed to earn a yield, not to speculate on price. A true gold lease provides income on your gold, while title to your gold remains with you. It’s structured as a true lease of personal property. Your gold is never financialized into a loan. Be aware that leasing your metal may involve risk of loss. No expectation of lease payments comes without risk.

Overview

Company overview

DD Holding provides commodity trading, financing, mining and logistic services. DD Metals DMCC was registered in 2016 and is licensed and regulated by the Dubai Multi Commodities Centre Authority (DMCCA). DD Metals DMCC is fully owned by Sarp Tarhanci who was founder and Country President of Loomis Turkey and previously held the role of Vice President for the Istanbul Chamber of Jewelry and is currently Chairman of DD Holding Executive Committee. DD Metals DMCC primarily focuses on trading between the Dubai and Istanbul gold markets for jewelry manufacturers in Turkey.

Lease overview

This lease is to provide and finance inventory and increase trading volumes for the leasing company. DD Metals DMCC will buy and sell the metal held by the lease specific SPV (special purpose vehicle), always maintaining the full leased amount of gold. DD Metals DMCC will provide daily trade and inventory reporting to Monetary Metals. DD Metals DMCC and its majority shareholder have signed a personal and corporate guarantee covering the lease obligations and a promissory note guaranteeing the lease.

Key terms

Risk and mitigation

All Monetary Metals true gold lease offerings are structured as a true lease of personal property. You retain title and ownership of your gold when on lease. Your gold never goes onto the balance sheet of the third party lessee, or Monetary Metals, and is not available to creditors in the event of bankruptcy. Your metal remains in physical form and is never sold, financialized, or hypothecated in any way.

All Monetary Metals true gold leases benefit from our continuous monitoring of performance via regular inventory reports, financial reports, third party audits, and proprietary technology connection with the third-party lessee’s ERP and/or OMS. All leased metal is covered by insurance with Monetary Metals named as the loss payee. In every lease, we have the right to inspect the leased gold upon 2 days notice, and to repossess the gold immediately in the event of a breach of terms.

The following table identifies specific risks to this opportunity, and the steps Monetary Metals has taken to mitigate them.

Risk	Mitigation
Bankruptcy	From 2023 Financials, AgaOne Commodities DMCC has: $360 Million annual inventory turnover Current Ratio: 1.5 $5 million in Working Capital Leased gold is not on DD Metals DMCC’s balance sheet DD Metals DMCC and its majority shareholder have signed a personal and corporate guarantee covering the lease obligations and a promissory note guaranteeing the lease
Inventory shrink	DD Metals DMCC will provide inventory reports to Monetary Metals daily
System failures	The leased gold is either in secure locations, or in transit with secured carriers. The leased gold is covered by a global insurance policy that covers physical loss or damage from fire, flood and theft.

How to participate

For Monetary Metals clients

Gold in your Lease Yield Sub Account will be automatically allocated to this lease unless you opt out. Allocations are subject to availability and are determined on a pro-rata basis. If you wish to opt out of this lease, login to your client portal, navigate to the Leases section and click the “opt-out” button before the Market close date.

Disclosures

Client metal is held by Monetary Metals Treasury/Holdings, LLC, an individual series of Monetary Metals Treasury, LLC, a Delaware series limited liability company. Monetary Metals & Co., as Agent, may send Lease Opportunity Presentations, each describing the proposed terms of a lease wherein a Lessee wishes to lease metal from you, and sub-lease it to a Permitted Sublessee. Agent and Lessee are affiliated parties. Agent receives compensation from Lessee. Under the opt-out program, you will automatically enter into a lease as described by each Lease Opportunity Presentation (including, for instance, the type of metal, proposed lease payment and the duration) subject to the legal terms in the Lease Agreement, unless you communicate your desire to opt-out within five days. Each such opt-out communication is specific to that Lease Opportunity Presentation, and you must so communicate for each lease in which you do not wish to participate. If you have not expressly opted out of a Lease Opportunity Presentation, Lease Payments under the lease so entered will be paid to you monthly. Leased metal will be returned to your account, at the conclusion of the term of each lease, subject to the terms of the lease agreement. The total amount of metal leased by a Lessee is typically greater than the amount leased from any one lessor. Early return of the leased Metals may be possible, but only if Agent can find another lessor to assume your position in the lease. If Lessee’s performance under the lease or Permitted Sublessee’s performance of its own obligations to Lessee are impaired for any reason, some or all of your leased metal may not be returned to you. Any communications in connection with the opt-out lease program, or any lease, is not, and is not intended to be, legal, tax, investment or other advice, or a recommendation to lease your metal to any party. Lease payments received under any Lease are not necessarily indicative of Lease Payments to be received from future leases. There is no assurance that your metal will be leased to Lessees in the future, or that the terms of future leases including the lease rates or lease payments, will be as favorable as those under any specific lease.