PRINT SUBSCRIPTION TERMS

EFFECTIVE DATE: August 1, 2025

PLEASE SCROLL DOWN AND READ THIS PRINT SUBSCRIPTION AGREEMENT BEFORE ACCESSING YOUR SUBSCRIPTION OR THE ACCOMPANYING DIGITAL PRINT SERVICES. This Agreement is also subject to, and incorporates by reference, our Terms of Service (including its mandatory arbitration clause, jury waiver, and class action waiver) and our Privacy Statement. We may update our Terms of Service or Privacy Statement at any time without any prior notice. By ordering or using your Subscription or the accompanying Digital Print Services, such as an online account to manage your Subscription, you agree to resolve all disputes through binding individual arbitration, which means that you waive any right to have those disputes decided by a judge or jury, and that you waive your right to participate in class actions, class arbitrations, or representative actions.

If you do not agree with the terms of this Agreement (including the Dispute Resolution section in the Terms of Service ), your sole remedy is to cancel your Subscription, as described in further detail below. By continuing your Subscription after the Effective Date, you agree to and accept the terms of this Agreement.

This Print Subscription Agreement (“Agreement”) governs your subscription to all print products (the “Subscription”) and your use of any digital services that may accompany your Subscription (the “Digital Print Services”) that are provided by Forbes Media LLC and its affiliates and subsidiaries (“we,” “us,” “our”) or through various third-party platforms and devices (e.g., mobile and tablet). If such Digital Print Services have their own unique terms, such terms shall supplement this Agreement.

By subscribing to your preferred Subscription tier, you represent and warrant that you agree to be bound by the terms of this Agreement. If you do not agree to be bound by the terms of this Agreement, you should not purchase a Subscription or use the Digital Print Services.

In the event that you have a bundled subscription that combines our print products with our paid membership to forbes.com or a paid newsletter, the Digital Terms of Sale will apply to the extent applicable. For clarity, provisions in our Digital Terms of Sale which, due to their nature, are applicable only when subscribing to a digital product or service will not apply to print or bundled subscriptions. We may update our Terms of Service or Privacy Statement at any time without any prior notice.

1. Your Subscription and Associated Accounts

Your annual or biennial Subscription will include 8 issues per year. The Apr/May and Dec/Jan issues are double issues which each count as 2 issues toward your 8-issue annual term. The annual cover price is $77.94. We reserve the right to modify the content and availability of the print products under your Subscription at any time. In our sole discretion, we may choose to send you additional issues while you maintain a Subscription, but your Subscription grants you no rights to receive such additional issues, and the receipt of such one year does not mean you will receive an additional issue the following year.

You agree to notify us promptly if you change your billing, delivery, or email address (if provided) so we can continue to contact you and send any notices required hereunder. If you fail to notify us promptly of a change, then any notice we send to your old address shall be deemed sufficient notice.

If you use a Digital Print Service, you are solely responsible for maintaining the confidentiality of your login information and agree not to share your credentials with others.

2. Fees and Payments, Auto-Renewal, and Free Issues

In order to subscribe to the Subscription, you must provide the required subscription information as noted, including a current, valid, and accepted method of payment, such as a credit card or check. We will bill the annual or biennial Subscription fee to your chosen method of payment. If you sign up for a Subscription on an automatically renewing basis, as indicated when you sign up, your payment will automatically renew at the end of each Subscription period, unless you cancel your Subscription before the end of the current Subscription period. Please note that if you pay for your Subscription through an account with a third party (e.g., Apple iTunes or GooglePlay), you may have to cancel through that third party.

All amounts must be paid in US dollars.

We may change the price for Subscriptions, from time to time and, if we do, subscribers will receive notice from us of any price increase prior to such increases taking effect. Price changes for Subscriptions will take effect at the start of the next subscription period following the date of the price change. As permitted by local law, you accept the new price by continuing the Subscription after the price change takes effect. If you do not agree with the price changes, you may unsubscribe from the Subscription prior to the price change going into effect.

In certain situations, we may offer a free issue to new subscribers (a “Free Trial” Subscription). To cancel a Free Trial before it converts into a paid Subscription, you can either write “cancel” on the first bill you receive from us and return that bill to us, or refrain from sending payment to Forbes. If you fail to pay or let us know you want to cancel, your Free Trial Subscription will end. If you do send in payment, your paid Subscription will begin, you will be charged the price offered to you during sign-up using the payment method provided, and you will continue to be charged on an annual or biennial basis (based on the plan you selected) until you cancel your Subscription as set forth herein.

We reserve the right to determine Free Trial eligibility in our absolute discretion.

3. Cancellation, Renewal, Refunds

This Agreement shall remain in full force and effect while your Subscription is active, and your Subscription will renew automatically until it is canceled in accordance with this Section. For annual and biennial Subscriptions, we will notify you of the pending renewal of your subscription. Unless you purchased your Subscription as part of a bundle with one or more of our digital offerings (e.g., a membership to forbes.com or a paid newsletter), if you cancel mid-subscription term, you are entitled to a refund of amounts paid based on the number of all unmailed issues. You must cancel your Subscription before it renews in order to avoid billing of Subscription fees for the renewal term. Notwithstanding anything to the contrary in this Agreement, Subscriptions purchased in a bundle with our digital offerings will not be eligible for any refund if you cancel the Subscription(s).

If you do not sign up for an automatically renewing Subscription, or do not otherwise extend your Subscription period, your Subscription will terminate as set forth when you subscribed.

To cancel an automatically renewing subscription prior to its renewal, if applicable, you may do so under the “Cancel My Subscription” section of your online print Subscription account. You may also cancel your Subscription by contacting us at 1-800-295-0893 or FRBcustserv@cdsfulfillment.com. Please note that if you pay for your subscription through an account with a third party (e.g., Apple iTunes or GooglePlay), you may have to cancel through that third party.

4. Availability of Digital Print Service through other Platforms; Third Party Payment Services

If you access a Digital Print Service through a mobile application or other type of third-party platform, the applicable End User License Agreement for the mobile service through which you downloaded the mobile application may apply in addition to the terms of this Agreement, and you agree that you are subject to such application or platforms terms in addition to this Agreement.

From time to time, we may use a third party not affiliated with us to process payments for a Subscription or Digital Print Service (a “Third-Party Processor”). You agree that this Third-Party Processor is solely responsible for controlling, handling, processing, or fulfilling purchases processed through its systems. When using such Third-Party Processor you may be subject to additional terms of use/service and privacy policy(ies) of the Third-Party Processor.

5. Limitations on Use

Only one individual may access a Digital Print Service at the same time using the same username or password, unless we agree otherwise. Each user of a Digital Print Service must have their own username and password, or if other log-in credentials are made available, their own unique log-in credential not to be shared.

6. General

This Agreement contains the final and entire agreement between us regarding the Subscription and your use of the Digital Print Services, if any, and this Agreement supersedes all previous and contemporaneous oral or written agreements regarding your use of such. We may discontinue or change the Subscription or the Digital Print Services, or their availability to you, at any time. We may change the terms of this Agreement at any time by notifying you of the change in writing or electronically (including without limitation, by mail, email, or by posting a notice on the Digital Print Services that the terms have been “updated” or using other similar words). By continuing the Subscription or using the Digital Print Services after changes are made to this Agreement, you signify that you agree to be bound by such changes. This Agreement is personal to you, which means that you may not assign your rights or obligations under this Agreement to anyone. No third party is a beneficiary of this Agreement.