Terms of Service

2. Purpose and Effect

These Terms govern the conditions and procedures for using K-KOREASTYLE (the "Service"), a B2B wholesale platform operated by Shinhwa Cosmetic Co., Ltd. (the "Company"), and the rights and obligations of the Company and buyers (members).

By using the platform, buyers are deemed to agree to these Terms. If you do not agree, you may not use the Service.

3. Definitions

The terms used in these Terms are defined as follows.

· "Service" means the B2B wholesale platform K-KOREASTYLE operated by the Company and all related services provided through it.

· "Member" or "Buyer" means a business entity that has agreed to these Terms and completed the registration process to use the Service.

· "Quote" means a document or on-screen information presenting supply price, quantity, and terms for a specific product, provided at a member's request or the Company's proposal.

· "Group Order" means an ordering method by which multiple members jointly express intent to participate in a specific brand or product in order to reach a minimum order quantity (MOQ) or target order value (MOV).

· "Administrator" means a person who performs operations, member management, and order/quote processing on behalf of the Company.

4. Membership and Accounts

The Service is a business-to-business (B2B) platform; membership is granted only to verified businesses.

· Accounts are activated after administrator approval following registration.

· Buyers are responsible for the accuracy and security of their account information and may not transfer or lend it to others.

· The Company may restrict use or suspend accounts found to contain false registration information.

5. Formation of the Service Agreement

The service agreement is formed when a prospective member ("Applicant") completes the Company's registration form, agrees to these Terms, and the Company accepts the application.

· The Company may refuse or withhold acceptance of an application in any of the following cases.

- Required information, such as business registration details, is false or cannot be verified

- The application is made using another party's identity without authorization

- The applicant previously lost membership due to a violation of these Terms or similar cause

- The applicant does not meet the review criteria required for operation of the Service

· The Company may withhold acceptance for a period to verify the business or request supplementary documents, and will notify the applicant of the reason.

6. Use of the Service

The Company provides features such as catalog browsing, quotes and inquiries, orders, and group orders.

The Company may modify or temporarily suspend all or part of the Service for maintenance or operational needs, with prior notice.

7. Orders, Quotes & Payment

Prices and product information shown on the platform may change until a quote is confirmed; all transactions follow the terms of the final quote (or order confirmation).

· Minimum order quantities (MOQ) and supply prices may vary by product and buyer tier.

· Payment terms and methods follow those stated in the quote.

(1) Group Order Policy

Group orders may be joined until the deadline set by the Company; no new participation is possible after the deadline. A group order's confirmed amount and achievement rate are reflected only when a member finalizes an order after the Company has returned a quote. Quote requests or unconfirmed orders are not included in the group-order tally.

(2) Advance Payment Policy

Members must pay any advance payment requested by the Company within the designated period. If the advance payment is not made in time, the Company may withhold the purchase order or cancel the relevant order.

8. Delivery & Customs

International delivery schedules may vary due to customs and logistics conditions.

Compliance with the destination country's customs, certification, duties and related laws is the buyer's responsibility, and the Company is not liable for resulting costs or delays.

9. Withdrawal of Subscription

As a wholesale platform that facilitates business-to-business (B2B) transactions between business members, the withdrawal-of-subscription provisions of the Act on Consumer Protection in Electronic Commerce, which are designed for consumer transactions, may not apply as-is to transactions on the Service.

Nevertheless, the Company guarantees exchange, return, or refund in accordance with its policies in the following cases.

· The delivered product differs from the order or is defective

· The wrong product was shipped due to the Company's fault

The procedures and deadlines for withdrawal, exchange, and refund follow the Returns Policy and the terms stated in the relevant quote or order confirmation.

10. Cancellation, Returns & Refunds

Order cancellation, returns and refunds may be limited depending on product characteristics and transaction terms; details follow the Returns Policy.

For defective or incorrectly shipped products, the Company will take necessary action such as exchange or refund per the relevant policy.

Some products may become unavailable due to a brand's stock shortage, production discontinuation, export restrictions, or other supplier circumstances. In such cases the Company will notify the member and may take reasonable measures for the unavailable products, such as adjusting the order amount or issuing a refund.

11. Member Withdrawal and Termination

· A member may terminate (withdraw from) the service agreement at any time via the 'Account Settings' menu or by emailing the Company at info@k-koreastyle.com; the Company will process the request without delay, except as otherwise required by law.

· If a member withdraws while an order, quote, or settlement is in progress, related information may be retained until that transaction is completed.

· The Company may terminate the agreement or restrict use of the Service for a period, after prior notice, if a member:

- Provided false information or used another party's identity when applying for membership

- Engaged in conduct prohibited under these Terms

- Is unable to complete transactions normally due to non-payment, refusal to accept delivery, or similar cause

- Has had no service usage for one year or more, requiring dormant-account handling under the Company's operating policy

· In urgent cases, the Company may restrict use without prior notice and provide notice afterward.

12. Prohibited Conduct

· Misappropriating others' information or registering false information

· Collecting, copying or reselling platform prices or content without authorization

· Interfering with the normal operation of the Service or accessing systems without authorization

· Any conduct that violates applicable laws or these Terms

13. Intellectual Property

All rights to platform content, trademarks, brands and product information belong to K-KOREASTYLE and the respective rights holders and may not be used without the Company's prior consent.

14. Limitation of Liability

The Company is not liable for damages arising from causes beyond its control, such as force majeure, customs delays, or third-party service failures.

The Company is not liable for any expected profits a buyer fails to obtain, or indirect damages, from information obtained through the Service.

15. Notices to Members

The Company may notify members via the member's registered email address, in-service notifications, or postings in the notice section of the Service.

· A notice to all members may be given by posting it in the Service's notice section for at least 7 days, in lieu of individual notice.

· Matters that materially affect a member's transactions or other interests will be individually notified to the member's registered email address.

· Members must promptly inform the Company of any change to their email address or other contact information, and the Company is not liable for disadvantages arising from a member's failure to do so.

16. Protection of Personal Information

The Company protects members' personal information in accordance with applicable laws and the Company's Privacy Policy.

Details regarding the collection, use, retention, and third-party provision of personal information follow the Privacy Policy separately published by the Company.

17. Governing Law & Disputes

These Terms are governed by the laws of the Republic of Korea. Any dispute relating to use of the Service shall be subject to the exclusive jurisdiction of the court having jurisdiction over the Company's location.

18. Changes to Terms

These Terms may change within the scope of applicable law. Changes and their effective date will be announced in advance via notices within the Service. Continued use after changes constitutes acceptance of the revised Terms.

Addendum

These Terms are effective from July 9, 2026.