Hi,
The Activation Code is an upgrade from Cubase Elements 6 and higher, not Cubase Elements 4 and higher.
The picture from the shop, there is totally different upgrade selected. There is upgrade from Cubase LE (4 and higher), Cubase AI, Cubase Essential 4/5 and Sequel 2/3.
So the question is, what did you really buy (most probably upgrade from Cubase Elements 6 and higher) and what Cubase do you really own?