DAC7 Compliance

What is DAC7? DAC7 is a European Union regulation requiring online platforms to report specific user information to tax authorities. This regulation applies to all independent performers and studios in the European Union (the United Kingdom has adopted these rules as well) that use our platform (and everyone else’s peer-to-peer camming platform). Why do you need my information? Under DAC7, if you are a European resident, we must collect and submit specific information about performers subject to taxation within the EU. This ensures transparency and compliance with EU tax regulations. What information will be collected? The information collected includes identification details such as your legal name, address and tax identification number (TIN or Codice Fiscale in Italy), and any other necessary information outlined in the DAC7 guidelines. We will let you know the bare minimum of information required. When and how should I provide this information? We will begin collecting this information at the end of November 2024. You will receive instructions for securely submitting your details when you log in. We will not disclose the nature of your activities on the platform. What happens if I don’t provide the required information? Starting from January 2025, any Independent Performer or Studio who fails to provide the required information will not be able to receive payments. Please Note: This also includes tips to tokens. While tips to tokens are not included in the information we must submit, it is still a payment method that cannot be used until we have your correct information on file. How will my information be used? Your information will only be used for compliance with DAC7 requirements. It will be reported to the relevant EU tax authorities as mandated by law and handled per data privacy regulations. No one will ask you, and we will not report, what type of work you do to earn money on our platform. Will a report be sent to the authorities annually or after each payment?  On January 31, 2025, a file covering January 1, 2024, to December 31, 2024, will be sent. The data in this file will be divided into quarters. Future filings will be sent quarterly. For example, the filing submitted on April 30, 2025, will cover the period from January 1, 2025, to March 31, 2025. Do I need to provide information even if I convert my tips into tokens? Yes, you still need to fill out the requested information even if you convert your tips into tokens, as tokens are still considered a payment method. However, insofar as these tokens remain on our platform, they are not earnings and will not be reported as earnings. Why is the UK included in the DAC7 reporting requirements? While DAC7 is specific to the EU, the UK has introduced similar rules to align with international standards for tax transparency. These rules are based on global efforts to ensure that income earned on digital platforms is reported appropriately. What if I don’t have a fixed address? We are required to collect accurate address information from all users. We understand that some of our users may not have a fixed address. If this applies to you, we encourage you to consult a knowledgeable advisor or legal professional who can provide guidance tailored to your situation. Who should I contact if I have additional payment questions? Please get in touch with our payments team at payments@cam4.com Where can I find my Tax Identification Number (TIN)?

• • Tax Documents: Look at your previous tax returns or official tax documents, as the TIN is often listed there.

• • Government-issued Letters or Notices: Check any correspondence from your country’s tax authority (e.g., HMRC in the UK, or AEAT in Spain).

• • Pay slips or Employment Records: Employers often include your TIN on pay slips or year-end tax forms, such as P60s in the UK.

• • Bank Statements or Financial Documents: Some financial institutions use your TIN for tax reporting purposes and may display it on certain documents.

• • Tax Authority’s Online Portals: Many countries allow individuals and businesses to access their tax information online. You may need to log into your local tax agency’s website.

• Contact Your Tax Authority: If you are still looking for it, contact your local tax office or agency for assistance. You may need to verify your identity.

Please use this guide to find your Tax Identification Number (TIN) in each of these countries: