GENERAL CONTRACT CONDITIONS

1. Definitions

1.1 "Supplier" is the company MARITIME COVER GROUP SRL indicated in the Order Confirmation;

1.2 "Customer" is the entity (natural or legal person) that makes the purchase;

1.3 "Parties" are the Supplier and the Customer jointly indicated;

1.4 "Order" is the request, also sent in electronic and/or paper format, by the Customer for the goods and/or product to be made;

1.5 "Order Confirmation" is the acceptance of the Order prepared and sent by the Supplier to the Customer;

1.6 "Products" are the goods subject to the supply, as described in the Order Confirmation or in the Order in the event of execution of the same without prior communication of the Order Confirmation as specified in Article 3 below;

1.7 "General Contract Conditions" are these general conditions and any subsequent amendments and variations made by the Supplier and communicated to the Customer.

1.8 "Supply Contract" is the contract concluded between the Supplier and the Customer pursuant to the following article. 3.

2. Nature and effectiveness of the General Conditions of Supply

2.1 These General Conditions of Supply apply to all contractual relationships between Supplier and Customer concluded pursuant to and for the purposes of Article 3 below. They are intended to establish the general terms and conditions that govern the supplies of the Products to be carried out by the Supplier to the Customer in all their future commercial transactions.

2.2 The Supplier reserves the right to modify and/or vary the General Conditions of Contract at any time, attaching such modifications and variations to the Order Confirmation or to any written correspondence sent to the Customer.

2.3 These General Conditions of Contract, as subsequently modified and/or varied by the Supplier, are to be considered an integral and substantial part of each Order, Order Confirmation and all documents relating to the supply and sale of goods produced by the supplier.

2.4 Contractual conditions different from the General Contract Conditions that are attached, referred to or added by the Customer will have no validity whatsoever, unless they have been expressly accepted in writing by the Supplier.

3. Order and Order Confirmation

3.1 The Customer's Order must be formulated in writing and will be considered accepted by the Supplier and the Supply Contract concluded when the Customer receives the Order Confirmation in writing from the Supplier.

3.2 In the event, however, that the Supplier, at its discretion, refuses part of the Order or modifies the quantities of goods, it will expressly indicate this in the Order Confirmation and the Supply Contract will be considered concluded at the time of receipt by the Supplier of the Order Confirmation duly signed by the Customer for acceptance and under the conditions and terms indicated in the Order Confirmation. Any further changes or additions requested by the Customer must be accepted in writing by the Supplier.

3.3 Without prejudice to the above, if the Supplier executes the Order without having previously communicated its Order Confirmation in writing, the Supply Contract shall be deemed to have been concluded at the time and place of commencement of execution of the Order and for the goods, quantities and delivery methods indicated in the Order, pursuant to and for the purposes of art. 1327 of the Italian Civil Code.

3.4 The Customer may ask the Supplier, during the execution of the Supply Contract, for changes relating to the quantity of the Products and their delivery times. This request will be evaluated by the Supplier and, in the event of refusal, the previous Order Confirmation will be considered confirmed, while in the event of acceptance, a new Order Confirmation will be sent to the Customer.

3.5 The Supplier reserves the right to make any changes to the Products that it deems appropriate without the obligation to give prior notice to the Customer.

3.6 The Order communicated to the Supplier may not be revoked by the Customer, unless the Customer fully compensates the Supplier for any direct and indirect damage caused due to the revocation and reimburses the costs and expenses incurred.

4. Transport and delivery of the Products

4.1 The delivery terms indicated in the Order Confirmation or in the Order in the case of acceptance by execution pursuant to the previous clause 3.3, are always intended to be indicative and not binding for the Supplier.

4.2 Delivery - with the consequent transfer of risks to the Customer - is deemed to have taken place on the date of delivery of the goods to the first carrier or upon direct collection of the Products directly from the Customer, at the Supplier's premises.

4.3 The Supplier shall not be liable in any way for delays in the delivery of the goods resulting from causes not attributable to him, causes of force majeure, causes attributable to the competent Administrations or to the carrier. All expenses, costs or other charges that may be incurred due to such delays shall be the exclusive responsibility of the Customer, who shall have no right to claim anything in this regard from the Supplier.

4.4 In the event of failure to collect or impossibility of delivery of the Products for reasons not attributable to the Supplier, in the event that the Products remain in storage at the Supplier, the Customer, in addition to the value of the supply, will be required to pay the storage and administrative costs incurred by the Supplier, in addition to any costs charged by the forwarder.

5. Causes of force majeure

5.1 Causes of force majeure are understood to mean any event that does not depend on the will and conduct of the Supplier and that limits or impedes to any extent its productivity (by way of example and not limited to: strikes, natural causes, fires, floods, wars, accidents, explosions, partial or total failure of the machinery and equipment used to produce the Products, unavailability or limitations of electricity, utilities, transport, failure or delay in delivery of raw materials or part of them by suppliers due to administrative measures or any other cause beyond the control of the Supplier, etc.).

5.2 Delays in the delivery of all or part of the Products due to causes of force majeure will not entail any liability for the Supplier towards the Customer and the delivery deadline will be considered extended for the entire duration of the impediment to delivery. In the event that the force majeure event lasts for more than 150 days, each Party shall have the right to terminate the Supply Contract by communicating to the other Party in writing and with 10 days' notice, without any right to compensation for any damages by the other Party and reimbursement of costs and expenses incurred for any reason whatsoever, which shall in any case always remain the responsibility of the Customer. In the event that the Supplier has in the meantime completed the production of part of the Products, the Customer shall pay the consideration for them if they are of use to him.

6. Use of equipment and/or samples.

6.1 The equipment and/or samples that the Supplier will create for the specific good/product ordered by the Customer, since they are the result of particular technical measures and are preparatory to the activities covered by the Supply Contract, are and will remain the property of the Supplier. The related contribution that is requested from the Customer and forming part of the total consideration for the supply is therefore to be understood as a contribution due for the start-up of the equipment and/or samples. The equipment and/or samples will remain at the Supplier's plant and will be made available to the Customer for the fulfillment of any future Orders by the Supplier, for a period not exceeding 1 year. After the aforementioned period of time, the Supplier may destroy them, unless otherwise agreed in writing between the Parties.

7. Prices

7.1 The prices of the Products/Goods to be produced are indicated in the Order Confirmation or in the Order in the case of acceptance by execution pursuant to the previous clause 3.3 and, unless otherwise specified, are expressed in Euros net of VAT and inclusive of packaging suitable for shipping. In the event of a request by the Customer or of necessity for the purpose of better transport of the Products, the Customer may be asked for an additional contribution for specific packaging.

7.2 It is understood that shipping costs, customs charges, duties, taxes or export fees and the like, as well as additional charges of any nature, unless otherwise agreed in writing between the Parties, are the exclusive responsibility of the Customer.

8. Payments

8.1 Payment of the price of the Products must be made by the Customer by bank transfer to the bank account indicated by the Supplier in the Order Confirmation and within the terms indicated therein, or in the invoice if the Supplier executes the Order without having previously communicated in writing its Order Confirmation pursuant to Article 3.3.

8.2 In the event of delay in payments with respect to the terms indicated in the Order Confirmation or, in the absence thereof, within 30 days following receipt of the relevant invoice by the Customer, the Customer, without the need for specific notice of default, must pay default interest at the rate in force provided for by Legislative Decree 231/2002 on the invoiced and unpaid amount. Unless otherwise agreed, the interest rate will be equal to the interest rate applied by the European Central Bank to its most recent refinancing operations, in force on the day of payment expiry or of the last publication, increased by 7 percentage points.

8.3 Until full payment of any outstanding supplies, the Supplier will have the right to suspend the processing of current orders. A delay in payments exceeding 15 days with respect to the payment date provided for in the previous article 8.2, in any case gives the Supplier the right to terminate the Supply Contract and any additional contracts already stipulated with the Customer but not yet executed, in addition to the right to compensation for damages. 8.4 A delay in payments will also cause the Customer to lose the right to any discount agreed on the individual Order.

9. Retention of title

9.1 It is agreed between the Parties that until the date on which the Supplier has not received payment of the full price of the Products supplied, such Products will remain the property of the Supplier.

9.2 The Customer is therefore required to keep the goods produced with the diligence of the depositary until the full payment of the price has been made and the transfer of ownership has taken place. He remains solely responsible for any risks of loss, theft, deterioration and/or anything else that may happen to the goods once they have been delivered to him, even if due to fortuitous event or force majeure, as well as for the costs of maintenance and repair of the same.

9.3 The retention of title referred to in this clause does not affect the transfer of risk referred to in art. 4.2.

10. Warranty on Products/goods manufactured

10.1 The Supplier also guarantees that the Products and/or goods manufactured are free from defects, in accordance with the order received.

10.2 The warranty will not apply, in any case and by way of example, where the following are found:

– Transport damage (scratches, dents and the like)

– Damage resulting from environmental, climatic and other alterations;

– Damage resulting from carelessness, negligence, tampering or inability to use by unauthorized personnel or by the Customer or by the Customer's personnel;

– Incorrect methods of storage, conservation and maintenance of the Product/good manufactured.

– Incorrect installation by the customer of the product/good manufactured;

– Inappropriate use of the Product/good manufactured;

– Tampering or direct attempts to repair or modify the Product/good manufactured.

– Late intervention to limit the consequences of any malfunctions of the Product/good manufactured.

– Normal deterioration of the Product/good produced resulting from its use;

– 10.3 Pursuant to and for the purposes of the guarantee referred to in this article, the Supplier undertakes to remedy any defect, lack of quality or lack of conformity of the Products attributable to him within the limits of the technical guarantee provided by the Manufacturer, which occurs within twelve months of delivery of the Products, provided that the same has been notified to him promptly in accordance with the provisions of art. 11. In the event of defects, lack of quality or faults in the Products, the Supplier may choose whether to repair or replace the defective Products, at his discretion. Products replaced or repaired under guarantee will be subject to the same guarantee for a period of six months from the date of repair or replacement. It is understood that the aforementioned guarantee is absorbent and substitute for the guarantees or responsibilities provided by law and excludes any other liability of the Supplier in any way arising from the defective Products (for example compensation for damages, loss of earnings, recall campaigns, etc.).

11. Disputes on supplies

11.1 The Customer is required to check the Products/Goods made at the time of delivery. Any complaints relating to the state of the packaging, quantity or external characteristics of the Products/goods made must be notified to the Supplier by registered letter with return receipt or by certified email, under penalty of forfeiture, within eight days of delivery. Any complaints relating to defects that cannot be identified through diligent inspection at the time of receipt (hidden defects) must be notified to the Supplier by registered letter with return receipt or by certified email, under penalty of forfeiture, within 8 days of the date of discovery of the defect and in any case no later than 12 months from delivery. The Supplier will not accept any complaints relating to products already put into use by the Customer without having taken into account the specific characteristics of the product/good made and the expected processing systems and complaints or disputes regarding specific applications not previously agreed in writing between the parties.

11.2 Any discrepancies in the quantity of the goods delivered compared to the Order will not give the right to terminate the Supply Contract or to suspend payments, but only to the integration of the supply.

11. 3 It is understood that any complaints or disputes do not give the Customer the right to suspend or in any case delay payments for the Products subject to dispute or for other supplies and that any returns of goods will be at the Customer's expense.

12. Contractual liability

12.1 Except in the case of fraud or gross negligence, in no case will the Supplier be liable for damages to persons or things arising from the use of the Product/good produced.

12.2 The Supplier's liability will not in any case extend to indirect, unforeseeable damages and in any case outside of the cases for which the guarantee on the product/good produced may apply.

13. Resolution

13.1 The Supplier reserves the right to terminate the Supply Contract, without the need for prior formal notice, pursuant to and for the purposes of art. 1456 of the Italian Civil Code if:

(i) the Customer does not fulfill the obligation to pay for the goods produced and the delay in payment is more than 15 days with respect to the payment date provided for pursuant to article 8.2;

(ii) a cause of force majeure persists which prevents the fulfillment of the Contract and lasts for more than 150 days pursuant to art. 5.2;

(iii) upon the occurrence of events affecting the Customer (such as, but not limited to, liquidation, crisis resolution procedures, etc.) that jeopardize its ability to fulfill its future obligations.

In any case, the Supplier retains the right to take action for compensation for any damages suffered.

14. Processing of personal data and confidentiality

14.1 With reference to the processing by the Supplier of the personal data of the Customer or the Customer's personnel, it is understood that they are collected and processed by the Supplier for contractual purposes and in a manner compliant with the provisions of the legislation in force within the framework of EU Regulation 2016/679.

14.2 The Supplier is the Data Controller of the personal data made available by the Customer in the context of the execution of the Contract in accordance with the legislation in force and specifies that such data will be processed in accordance with what is reported in the information on the processing of personal data that the Supplier makes available to the Customer by publishing it on the website at www.mcogroup.it

14.3 The Supplier undertakes not to communicate the aforementioned data to third parties and to make use of them other than that connected with the execution and management of the contract following the contractually established purposes.

14.4 The Customer undertakes to keep confidential and not to disclose to third parties, where this is not strictly necessary for the legitimate use of the Products purchased, for the entire duration of the relationship and for a further five years from the delivery of the last supply of each Product, any information or technical data relating to the Products purchased, their operation or use, as well as any administrative or commercial information relating to the Supply Contract of the Products themselves (price, payment terms and guarantee, etc.).

15. Industrial and intellectual property

15.1 The purchase of the Products and their use, direct or indirect, will not give rise to the transfer to the Customer of any industrial or intellectual property rights on the Products/goods manufactured and sold, which will remain with the Supplier.

16. Competent court and applicable law

16.1 The interpretation and application of the General Conditions of Contract, as well as of any contract that will be concluded between the Supplier and the Customer, will be governed by Italian law, with the express exclusion of the applicability of the 1980 Vienna Convention on the International Sale of Goods (CISG).

16.2 Any dispute, in any capacity connected to the General Conditions of Supply and/or to the contract that will be concluded between the Supplier and the Customer, which may arise between the parties, will be devolved exclusively to the Court of Lucca.

ASSEMBLY

 avoid that the artifacts come into contact with: acids, solvents, mortars, plasters and mud.

 avoid impacts and rubbing with blunt objects.

 keep away from areas where operations of: welding, sanding, cutting of any material are being performed.

MAINTENANCE

The elastomeric materials applied require regular maintenance and cleaning to ensure the continuity of the decorative and protective properties of the surface. The frequency of cleaning interventions depends on many factors, including:

 geographical location of the building

 environmental corrosivity class in which the building is placed (for example: marine, industrial, residential, rural, etc.)

 level of polluting emissions into the air

 possibility of dust transported by the wind (e.g. sand, dust, etc.)

 hypothesis of change over time of the corrosivity class (e.g. transition from rural to industrial)

The best cleaning method is through regular washing of the surface, using a solution of warm water and a mild detergent (pH 5-8). All surfaces should be cleaned using a soft cloth or sponge, do not use any brush unless it is of natural origin.

The frequency of cleaning depends on the appearance you wish to maintain and the need to remove deposits that could, with prolonged contact, cause damage to the coating. In a non-particularly aggressive environment (e.g. rural or urban), the normal cleaning frequency can be approximately 12 months. When the environment is aggressive, the cleaning frequency should be reduced to intervals of 6 months. It is absolutely forbidden to use solvents or solutions that contain: chlorinated hydrocarbons esters ketones abrasive pastes

TYPE OF ENVIRONMENT MAINTENANCE PROGRAM

 industrial check and cleaning every 6 months

 marine check and cleaning every 6 months

 industrial and marine check and cleaning every 3 months

Cacciatore Alessia

Technical and Quality Officer