eSand is a secured private debt security framework issued by Thesaur Quantum Minerals AG and economically linked to the Thesaur Industrial Mineral Project in Romania. The framework is institutionally restricted. The Bonds are issued in the form of uncertificated securities (Wertrechte) registered under Liechtenstein PGR Section 81a, but remain transferable debt securities. Investors are not buying physical sand, shares in Thesaur S.R.L., or a MiCA asset-referenced token.

PRIVATE PLACEMENT · EUROPEAN INDUSTRIAL MINERALS

SECURED BOND FINANCING FOR EUROPEAN HIGH-PURITY QUARTZ INFRASTRUCTURE

SECURED BOND LINKED TO A ROMANIAN HIGH-PURITY QUARTZ PROJECT, STRUCTURED FOR ELIGIBLE INSTITUTIONAL AND PROFESSIONAL INVESTORS.

eSand provides eligible investors with access to secured bonds issued by Thesaur Quantum Minerals AG in the form of uncertificated securities, registered under Article 81a of the Liechtenstein Persons and Companies Act and entered into the securities infrastructure through SIX SIS AG.

€100M MAXIMUM AGGREGATE ISSUE

€100 NOMINAL VALUE PER BOND

1,000 MINIMUM INITIAL SUBSCRIPTION

4% FIXED ANNUAL COUPON

25% VARIABLE INTEREST: 25% OF AUDITED NET PROFITS DISTRIBUTED PRO-RATA

15Y BASE MATURITY

REQUEST INVESTOR ACCESS CONTACT INVESTOR RELATIONS

NOT INTENDED FOR RETAIL DISTRIBUTION. VARIABLE INTEREST IS PERFORMANCE-DEPENDENT, NOT GUARANTEED, AND PAYABLE ONLY AS PROVIDED IN THE BOND TERMS.

II. INDUSTRIAL FOUNDATION

THE VALUE CHAIN

The structural link connects the physical development of critical industrial minerals in Romania (Cuci and Neaua assets) operated by Thesaur S.R.L. with digital administration in Liechtenstein under Thesaur Quantum Minerals AG, aiming to supply purified high-purity quartz (HPQ) for solar photovoltaic front-sheets, semiconductor fabrication processes, optical components, and silicon wafer manufacturing.

III. DIGITAL BOND INSTRUMENT

ECONOMIC TERMS

4% Fixed Annual Coupon

Calculated on the outstanding nominal value of subscription records, paid annually on 15 December, reflecting standard project debt underwriting rules.

25% Net-Profit Link

Pro-rata variable coupon representing 25% of audited net operational profit of the Romanian project company Thesaur S.R.L. under Romanian Accounting Standards.

V.1 · ECOSYSTEM ARCHITECTURE

AN INTEGRATED INDUSTRIAL CREDIT ECOSYSTEM

CYCLE · 01

Industrial Capital Allocation

Proceeds allocated exclusively to quarry development and HPQ sand purification machinery CAPEX.

CYCLE · 02

Collateral-Supported Debt

Operations cash account and physical extraction assets pledged to back outstanding notes.

CYCLE · 03

Debt Service

Project revenues from silica sand sales intended to support fixed and net profit coupon distributions.

CYCLE · 04

Oversight & Technical Audit

Regular audits verify HPQ quartz sand extraction reserves and financial metrics transparency.

VIII · FREQUENTLY ASKED DISCLOSURES

COMPLIANCE & INDUSTRIAL SYSTEM FAQ

What is eSand? +

eSand is a tokenized debt-security framework issued by Thesaur Quantum Minerals AG and economically linked to the Thesaur Industrial Mineral Project in Romania. The framework is institutionally restricted and digitally administered. The Bonds are represented and administered through tokenized records, but remain debt securities / transferable securities. Investors are not buying physical sand, shares in Thesaur S.R.L., or a MiCA asset-referenced token.

Who is the legal issuer? +

The issuer is Thesaur Quantum Minerals AG, a company incorporated in the Principality of Liechtenstein, with registered office at Landstrasse 14, 9496 Balzers, Principality of Liechtenstein, registered under number FL-0002.744.461-5. Its LEI is 984500FK8CCQCBGDC512.

What is the minimum subscription? +

The minimum subscription is EUR 100,000 (corresponding to 1,000 Bonds of EUR 100 nominal each) during this private placement phase to satisfy EU Prospectus Regulation exempt parameters.

CONTROLLED DOCUMENT REPOSITORY

Offering Memorandums, Technical Audits and Bond Terms are available only following institutional verification and wallet whitelist synchronization.

Exempt Offering Memorandum eSand Digital Bond

Bond Terms & Conditions Vetted Liechtenstein Counsel

Resource Valuation Audit Independent Engineering