Samsung Galaxy Watch 8 Launch Promotion: Terms and Conditions

SAMSUNG ELECTRONICS COLOMBIA S.A. (“SAMSUNG”)

I. Promotion Identification

Promotion Name: ESTRENO Y ENTREGO LAUNCH PLAN WATCH 8 (the “PROMOTION”).

Promotion Validity: Valid from July 24, 2025, at 3:00 p.m. until August 30, 2025, or while supplies last, whichever occurs first.

Applicable Territory: Valid nationwide.

Applicable Channels: Valid on online channels of Participating Authorized Stores, as defined below.

II. Preliminary Considerations

This document outlines the terms, conditions, and restrictions applicable to individuals (“CLIENT” and collectively “CLIENTS”) participating in the PROMOTION (hereinafter “T&C”). Participation in the PROMOTION and acceptance of the benefit granted by SAMSUNG implies full and unconditional knowledge and acceptance of these T&C. These T&C can be consulted at https://www.samsung.com/co/info/tyc/.

III. Specific Promotion Conditions

1. Object: By purchasing one (1) Galaxy Watch 8 40mm of the references mentioned in numeral 3 of these terms and conditions, available in Participating Authorized Stores at the time of purchase (the “PRODUCT”), the CLIENT may trade in one (1) used device of their property to ASSURANT, corresponding to one of the references and brands indicated in the Estreno y Entrego pop-up in Participating Authorized Stores and/or in Annex 1 (by clicking on “others” for the latter). In exchange, if the requirements and instructions established in numeral 6 of this section III of these T&C are met, the CLIENT will receive an offer for their Used Device, and if accepted, the money will be transferred to the CLIENT’s bank account (the “BENEFIT”). The offer value and, consequently, the possible BENEFIT, will depend on the condition of the Used Device.

Additionally, if the CLIENT participates in the PROMOTION, they may receive a discount from SAMSUNG, subject to availability at each Participating Authorized Store and only on the products specified in numeral 3 of these T&C. This discount can be used towards the purchase of the PRODUCT with which they will participate in the trade-in plan through the Participating Authorized Store. The discount value will depend on the PRODUCT they wish to acquire and should be consulted directly at the Participating Authorized Store (“SAMSUNG BONUS”).

The above is subject to the CLIENT complying with all requirements and conditions indicated in these T&C.

2. Participating Authorized Stores: The Participating Authorized Stores for the PROMOTION are:

3. Products and Units: The products (hereinafter “PRODUCTS”) in the Participating Authorized Stores are listed below:

REFERENCE PRODUCT NAME SAMSUNG BONUS
SM-L320NZSALTA Watch 8 40mm $150,000
SM-L320NDAALTA Watch 8 40mm $150,000
SM-L330NDAALTA Watch 8 44mm $150,000
SM-L330NZSALTA Watch 8 44mm $150,000
SM-L500NZKALTA Watch 8 Classic $250,000
SM-L705FZA1COO Watch Ultra Gris $300,000
SM-L705FZB1COO Watch Ultra Azul $300,000

However, the purchase of the PRODUCT is subject to its availability in the Participating Authorized Stores at the time of purchase.

4. Clients: CLIENTS of the PROMOTION are natural persons over 18 years of age who comply with all the requirements and conditions indicated in these T&C.

5. Mechanics: CLIENTS can access the PROMOTION by accessing the online channels of the Participating Authorized Stores and purchasing the PRODUCT, within the PROMOTION dates, paying with any authorized payment method by each Participating Authorized Store.

To access the PROMOTION, the CLIENT must follow this procedure:

  1. The CLIENT must log in to the online channel of the Participating Authorized Store they have access to.
  2. Once logged into the Participating Authorized Store, the CLIENT must select the PRODUCT they wish to purchase and click on “buy now”.
  3. The CLIENT will select the PRODUCT’s features according to their preference. They must scroll down to find the “Estreno y Entrego” notice and select the option “yes, please” to initiate the Estreno y Entrego process.
  4. Automatically, a pop-up will appear where the CLIENT must select the type of Used Device they will trade in and identify its characteristics. The CLIENT will be shown the maximum (non-binding) amount they could receive for the Used Device if ASSURANT makes an offer. Additionally, a series of questions will be displayed to determine the condition of the used device, and the CLIENT will be asked to enter the fifteen (15) digit IMEI number, and then accept the trade-in plan policies to continue with the purchase.
  5. If the characteristics of the Used Device are not included in the dropdown list in the pop-up, the CLIENT must select the “others” option and verify in these T&C, in Annex 1, if the Used Device they intend to trade in is eligible for the BENEFIT. If the BENEFIT is not applicable because the Used Device is not included in Annex 1 of these T&C, the CLIENT will still receive the SAMSUNG BONUS from SAMSUNG, but will not need to send the Used Device to ASSURANT. In both cases, the CLIENT must click “continue with purchase”.
  6. The CLIENT must verify that the SAMSUNG BONUS has been effectively applied to the purchase and must follow the steps to complete the purchase.

6. Special Conditions for the BENEFIT: The BENEFIT will have the following special conditions:

Additionally, the CLIENT must consider the following instructions to obtain the BENEFIT:

IV. General Promotion Conditions

  1. Upon acquiring the PROMOTION, the CLIENT will be accepting in its entirety all that is indicated in these T&C.
  2. Each Participating Authorized Store may, at its discretion, determine the prices of the PRODUCTS and the points of sale where the PROMOTION can be accessed, taking into account the applicable territory described in Section I “Promotion Identification” of these T&C.
  3. In the case of online channel participation, each Participating Authorized Store may, at its discretion, determine all conditions regarding the mode, time, and place of shipping and delivery of the PRODUCTS and/or BENEFITS, as applicable. For this purpose, before making their purchase, the CLIENT should contact the Participating Authorized Store where they intend to access the PROMOTION to obtain more information about the delivery and shipping of the PRODUCTS and/or BENEFITS.
  4. The CLIENT acknowledges and accepts that, if the BENEFIT is a product available in various colors, the Participating Authorized Stores will provide the CLIENT with the product in the color that is available.
  5. The available units and references correspond to those indicated in this document. Therefore, if they are depleted before the dates indicated in these T&C, the PROMOTION will end.
  6. The warranty applicable to the PRODUCTS and/or BENEFITS will be the quality warranty granted by SAMSUNG for each PRODUCT and/or BENEFIT, provided that SAMSUNG is the producer of these. If any PRODUCT and/or BENEFIT of the PROMOTION has a producer other than SAMSUNG, the applicable warranty will be the one established by the producer of the PRODUCT and/or BENEFIT in question.
  7. If the CLIENT exercises their right of withdrawal regarding the purchased PRODUCT, and if said PRODUCT is subject to withdrawal, the CLIENT must return the PRODUCT along with the BENEFIT, if the latter has already been delivered. The withdrawal conditions will apply as defined by law and in accordance with the instructions established by each Participating Authorized Store.
  8. The BENEFIT is not exchangeable for cash, bank deposits, credit or debit card deposits, or any other transaction or benefit different from what is described in the T&C.
  9. SAMSUNG reserves the right to modify, clarify, or add to the T&C at any time and for any reason. Such updates will be published on the page: https://www.samsung.com/co/info/tyc/, and it will be understood that by such publication, CLIENTS are notified, and therefore, these conditions apply to the CLIENTS of the PROMOTION.
  10. SAMSUNG and the Participating Authorized Stores are solely responsible for the PROMOTION AND the PRODUCTS and/or BENEFITS. Consequently, in case of any claim regarding the PRODUCTS and/or BENEFITS, such claim will be handled through the SAMSUNG Call Center, via WhatsApp number (+57) 3138698800, or through the customer service channels of each Participating Authorized Store.
  11. When one or all of the Participating Authorized Stores correspond to SAMSUNG’s online channel, SAMSUNG commits to protecting the security of CLIENTS’ personal information. For these purposes, SAMSUNG uses various security technologies and procedures that help protect information against unauthorized access, disclosure, and use. For example, provided personal information is stored in limited-access systems, located in controlled facilities. For more information, CLIENTS can consult the data protection policy at https://www.samsung.com/co/proteccion_de_datos/.
  12. When one or all of the Participating Authorized Stores correspond to a store other than SAMSUNG’s online channel, the respective Participating Authorized Store where the PROMOTION is acquired will be responsible for the personal data collected under the PROMOTION. For this purpose, the CLIENT can consult the personal data protection policy of the Participating Authorized Store on its website. Participating Authorized Stores commit to protecting the security of CLIENTS’ personal information. For its part, SAMSUNG acts as the data processor for data collected under the PROMOTION, and therefore, the processing of such data will be carried out in accordance with the personal data protection policy of the corresponding Participating Authorized Store.
  13. These T&C respond to and comply with Colombian laws.

V. Promotion Legal Aspects

“PLAN ESTRENO Y ENTREGO LANZAMIENTO WATCH 8” details can be consulted at https://www.samsung.com/co/info/tyc/.

Annex 1: Estimated Value of Used Devices (2025)

The table below lists the Used Devices applicable to the PROMOTION, valid from July 24, 2025, to August 30, 2025:

Model Brand Category Max. Value (COP) Min. Value (COP)
Apple Watch SE (2022) 40mm Apple SmartWatch 126,500 12,700
Apple Watch SE (2022) 44mm Apple SmartWatch 126,500 12,700
Apple Watch SE 40mm Apple SmartWatch 89,300 9,000
Apple Watch SE 44mm Apple SmartWatch 89,300 9,000
Apple Watch Series 4 40mm (4th gen) Apple SmartWatch 59,700 5,000
Apple Watch Series 4 44mm (4th gen) Apple SmartWatch 59,700 5,000
Apple Watch Series 5 40mm Apple SmartWatch 107,500 11,600
Apple Watch Series 5 44mm Apple SmartWatch 107,500 11,600
Apple Watch Series 6 40mm Apple SmartWatch 137,800 13,000
Apple Watch Series 6 44mm Apple SmartWatch 137,800 13,000
Apple Watch Series 7 41mm Apple SmartWatch 171,500 16,600
Apple Watch Series 7 45mm Apple SmartWatch 171,500 16,600
Apple Watch Series 8 41mm Apple SmartWatch 317,500 30,900
Apple Watch Series 8 45mm Apple SmartWatch 317,500 30,900
Apple Watch Ultra GPS + Cellular 49mm Apple SmartWatch 551,900 55,000
Band 7 Huawei SmartWatch 4,900 1,000
Band 8 Huawei SmartWatch 4,900 1,000
Watch Fit Huawei SmartWatch 4,900 1,000
Watch Fit 2 Active Huawei SmartWatch 20,900 1,200
Watch GT 3 Huawei SmartWatch 115,100 10,800
Watch GT 3 Pro Huawei SmartWatch 194,100 19,200
Watch GT 3 SE Huawei SmartWatch 84,600 7,900
Watch Kids 4 Pro Huawei SmartWatch 76,600 6,700
Galaxy Watch 7 Samsung SmartWatch 230,000 23,000
Galaxy Watch 6 Classic Samsung SmartWatch 200,000 20,000
Galaxy Watch 6 Samsung SmartWatch 170,000 17,000
Galaxy Watch 5 40 Mm Samsung SmartWatch 120,200 10,800
Galaxy Watch 5 44 Mm Samsung SmartWatch 120,200 10,800
Galaxy Watch 5 Pro 45 Mm Samsung SmartWatch 182,200 17,400
Galaxy Watch4 40mm Samsung SmartWatch 54,600 5,100
Galaxy Watch4 44mm Samsung SmartWatch 54,600 5,100
Galaxy Watch4 Classic 42mm Samsung SmartWatch 79,500 7,000
Galaxy Watch4 Classic 46mm Samsung SmartWatch 79,500 7,000
Redmi Smart Band 2 Xiaomi SmartWatch 4,900 1,000
Redmi Smart Band 2 GL Xiaomi SmartWatch 4,900 1,000
Redmi Watch 2 Lite Xiaomi SmartWatch 4,900 1,000
Redmi Watch 3 Xiaomi SmartWatch 4,900 1,000
Xiaomi S1 Active GL Xiaomi SmartWatch 35,900 2,200
Xiaomi S1 GL Xiaomi SmartWatch 89,400 8,900
Xiaomi Smart Band 7 Xiaomi SmartWatch 4,900 1,000
Xiaomi Smart Band 7 Pro Xiaomi SmartWatch 4,900 1,000
Xiaomi Smart Band 7 Pro GL Xiaomi SmartWatch 4,900 1,000
Xiaomi Watch S1 Xiaomi SmartWatch 87,700 8,900
Xiaomi Watch S1 Active Xiaomi SmartWatch 41,300 3,200
Xiaomi Watch S3 Xiaomi SmartWatch 4,900 1,000

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