Win 4 years of education on us!¹

Embark Tuition Sweepstakes Terms and Conditions

Open and fund an Embark RESP for a chance to win tuition for four years ($28,000)

OFFICIAL RULES:

One (1) $28,000 RESP contribution prize is available. The prize consists of four one-time, lump sum deposits of $7,000 made by Embark Student Corp. into an Embark Student Plan (the “Plan”) for the winner’s designated beneficiary each year. The Plan is a Registered Education Savings Plan (“RESP”) and all Plan deposits are invested and managed by Embark Student Corp. (the “Sponsor”). Deposits and income earned on the deposits can be used to assist with the costs of a post-secondary education for the beneficiary. The final value of the Plan cannot be predicted or guaranteed as it will depend on several factors, including the amount of income earned in the Plan and any fees deducted. The $7,000 deposits to the Plan are subject to management and administration fees. Please refer to the Plan’s current prospectus for more information on the features, costs, benefits and risks of the Plan.

1. The Cash Value of the prize is stated in Canadian dollars.

2. One winner will be chosen. The Contest opens Tuesday, April 1, 2025, at 12:01 a.m. EST and closes Wednesday, December 31, 2025, at 11:59 p.m. EST.

3a. ELIGIBILITY: New Embark Subscribers with Embark Plans that were started on or after April 1, 2025, will automatically be entered into the contest upon opening and funding a new Embark RESP, which includes depositing and maintaining a balance of at least $500 in the plan by December 31, 2025, and having an active pre-authorized contribution plan in place. Entrants will be entered once per new, funded Embark RESP. New Embark Subscribers are defined as subscribers that, prior to opening a plan that is eligible for this contest, have not had a previous relationship, nor other existing plan with Embark.

3b. The Contest is open to residents of Canada who are over the age of majority, excluding the employees, representatives, agents, officers or directors and those with whom they are domiciled, of Embark Student Foundation, Embark Student Corp. and their associated partners (collectively, the “Contest Parties”).

3c. The prize must be designated to a pre-existing beneficiary’s Embark RESP.

4. HOW TO ENTER: New Embark Subscribers who have opened a new Embark RESP after April 1, 2025, have an active pre-authorized contribution plan in place and have deposited and maintained a balance of $500 by December 31, 2025, will be entered for a chance to win. Canadians can open an account by going to https://secure.embark.ca/signup?destination=RESP.

5. PROBABILITY: Probability of an entrant being selected is dependent upon the number of eligible entries received. Every properly completed entry has an equal chance of being drawn.

6. GENERAL RELEASE: Each entrant agrees:

6a. To be bound by the Contest rules and be subject to all applicable laws.

6b. That the Contest Parties will not accept or be responsible for:
i) Entries that are late, lost, stolen, incompatible, delayed, incomplete, inaccurate, misidentified, misdirected;
ii) Incorrect, inaccurate or manipulated capture of entry information whether caused by website users, unauthorized users or by any equipment or programming associated with or utilized in the Contest;
iii) Technical or human malfunctions or printing errors or any other problems, errors or negligence that may arise or occur in connection with the Contest.

6c. To hold harmless the Contest Parties from any claim, loss, expense (including legal fees) or other liability which may be sustained in connection with the Contest, including, without limitation, any damages resulting from the entry participation, prize acceptance, receipt, ownership or use or misuse of the prize, or while preparing for, participating in, and/or travelling to any prize-related activity.

6d. That the Sponsor reserves the right to withdraw or terminate this Contest at any time without prior notice and may at its sole discretion change key terms or substitute the prize (subject to applicable federal and provincial laws).

6e. Standard messaging and/or data rates may apply to entrants who submit their entry via a wireless mobile device. Wireless service providers may charge for data usage. Contact your service provider for pricing and service plan information and rates before mobile device participation.

7. WINNER SELECTION: One (1) winner will be randomly selected by the Sponsor in Mississauga, ON, on Monday, January 5, 2026, by close of business (5:00 p.m. EST). Decisions are final. In the event of a dispute regarding an entry, the entry will be deemed submitted by the authorized account holder of the e-mail address contained in the entry (proof of identity for the authorized email account holder may be requested).

8. WINNER NOTIFICATION: The selected winner will be contacted via email by the Sponsor, who will verify the entrant’s details. The Sponsor will attempt to contact the winner a minimum of 2 times and a maximum of 3 times. If unable to connect with the selected entrant within 10 business days following the entrant selection date, the entrant is disqualified. Another entrant will be selected from the remaining eligible entries received and if unable to connect (similarly as the first selected entrant) within 20 business days following the original entrant selection date, the prize is forfeited with no replacement entrant being selected.

9. TO BE DECLARED A WINNER: Winner must do the following or be disqualified with no replacement winner being drawn:

9a. Correctly answer an unaided time-limited skill-testing question pertaining to mathematics or general knowledge.

9b. Sign a Release form confirming compliance with all Contest rules and acceptance of the prize as awarded.

9c. Accept that substitutions or transferability are not permitted.

10. WINNER REQUIREMENTS: Each lump sum deposit of $7,000 must be kept in the Embark account for at least three (3) years, unless used as part of a post-secondary education withdrawal. If transferred to another provider, standard charges as laid out in the Embark plan’s prospectus will apply.

11. FOR QUÉBEC RESIDENTS: Any litigation respecting the conduct or organization of a publicity Contest may be submitted to the Régie des alcools, des courses et des jeux for a ruling. Any litigation respecting the awarding of a prize may be submitted to the board only for the purpose of helping the parties reach a settlement.

12. PERSONAL INFORMATION: All entries become the property of the Sponsor and will not be returned nor shared with any other unassociated company.

12a. Entrants agree: Information provided during activation will be used by the Sponsor for the purpose of administering the Contest and in accordance with the Sponsor’s privacy policy available at https://www.embark.ca/privacy-policy/.

By entering my contact details, I agree to receive commercial electronic messages and phone calls about the contest, as well as the products and services offered by Embark Student Corp. and Embark Student Foundation. I understand that I can withdraw my consent at any time.

We respect your privacy; no information will be shared with 3rd parties. Please refer to our Terms of Use and Privacy Policy at https://www.embark.ca/privacy-policy/ or email contact@embark.ca.

AP0226-02

Embark may, at its discretion, cancel the Plan if thirty-six months after Plan enrolment, the total assets held under the Plan are less than $500, unless the Plan receives CLB grants.

Past performance is not an indicator of future returns.

Up to $7,200. Actual grant will depend on deposits and eligibility.