General Terms & Conditions (GTC)

1. Conclusion of contract and contract terms

1.1 Other general terms and conditions are not valid unless expressly recognised by us in writing.

1.2 The current prices are non-binding. We reserve the right to invoice prices valid upon delivery in the event of changes in the cost situation, in
particular in the event of fluctuations in the cost of materials.

1.3 Orders accepted by our field and sales representatives are valid only upon our express confirmation if they vary from our delivery and
payment terms as well as from our current prices.

2. Delivery

2.1 Delivery is made by shipping to the destination specified by the buyer. The buyer bears the costs of shipping. Unless otherwise agreed in the contract, we determine the type of shipping, including packaging, shipping route and the commissioned transport company. The place of performance for delivery and for any subsequent performance remains our warehouse.

2.2 Shipping of goods is done at the risk of the buyer. The danger of damage or loss of the goods is transferred to the buyer when the object of delivery has left our business premises.

2.3 Shipping of goods is done at the risk of the Buyer. The danger of damage or loss of the goods is transferred to the buyer when the object of
delivery has left our business premises.

2.4 All damage claims of the buyer or notices of default directed at us are precluded upon exceeding the time of delivery or upon exercise of our
right to withdraw due to the occurrence of the unforeseen hindrance.

2.5 We are released from our contractual obligations if reasonable doubt exists regarding the liquidity of the contract partner as well as if older
past-due invoices have not yet been settled.
The outer packaging will be charged at cost and will not be taken back except for EURO pallets.

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3. Complaints

3.1 Complaints of identifiable and noticeable defects must be provided to us in writing within one week of receiving the good. Notification of
hidden defects must also be made in writing without delay, at the latest 7 days after their detection. Returns are not permitted without prior
consultation with us.
We provide free replacement in the event of justified notifications of defects. If this substitute delivery removes the complaint, claims to
conversion and reduction of price as well as the right to withdraw from the contract or damage claims of the buyer are excluded. Liability for
any type of consequential damages for defects is excluded.

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4. Retention of ownership

4.1 Our deliveries are performed exclusively under retention of ownership. Ownership passes to the Buyer only when it has settled all liabilities
from all deliveries independent of whether the buyer has paid for specified goods or deliveries.

4.2 In the event of behaviour in breach of the contract by the buyer, in particular in the event of payment arrears, we are entitled to repossess
the object of delivery and the Buyer is obliged to surrender the object of delivery. The repossession as well as the attachment of delivered
goods by us, to the extent the Instalment Purchase Act (Abzahlungsgesetz) is not applicable, provides for a withdrawal from the contract
only when we expressly so declare in writing. In the event of attachments or other interventions of third parties involving our goods subject
to retention of ownership, the Buyer is obliged to notify us in writing without delay and to send us the documents necessary for the assertion
of our ownership rights (attachment record, sworn statement on the identity of the goods). All costs arising to us through an intervention are
borne by the buyer.

4.3 The buyer is entitled to resell our goods subject to our retention of ownership in the ordinary course of business. However, upon conclusion
of the contract it assigns to us by way of security all receivables from the resale of our goods subject to retention of ownership together with
all ancillary rights. As long as the buyer meets its payment obligations to us it is entitled to collect the receivables assigned to us from the resale. Upon our demand, the buyer is obliged to disclose the amount of the assigned receivables from the resale and the name of the obligor as well as to
make available all related documents. We are entitled to directly notify its customer of the assignment of the resale receivables of the buyer.

4.4 The retained ownership is transferred automatically to the buyer as soon as our receivables have been fully settled. If the value of the
securities held by us exceeds the total amount of our claims against the buyer by more than 20%, we are obliged to release the goods at
the demand of the buyer upon payment.

5. Payments

5.1 Unless otherwise agreed in writing in individual cases, our current prices at the time of conclusion of the contract shall apply ex warehouse, plus statutory VAT. Unless a fixed price agreement has been made, we reserve the right to make reasonable price changes due to changes in wage, material, energy and distribution costs for deliveries made three months or more after conclusion of the contract.

5.2 In the case of sales shipment, the buyer must bear the transport costs from the warehouse and the costs of any transport insurance requested by the buyer. In the event that we do not invoice the transport costs incurred in individual cases, we charge a flat rate transport fee (excluding transport insurance) of EUR 7.90 within Germany. Any customs duties, fees, taxes and other public charges must be sttled by the buyer.

5.3 Settlement of our invoices must take place within 30 days after the date of the invoice without any deduction.

5.4 Upon exceeding the term of payment, as determined by our receipt thereof, we are entitled to invoice interest on arrears in the amount of
3% over the respective discount rate of the Deutsche Bundesbank without the need to provide a prior request for payment and notice of
default. After a written request for payment we have the right to invoice interest on arrears in the amount of the costs arising to us through
loans from banks.

5.5 Bills of exchange or cheques will be accepted only as provisional performance and are considered as payment after redemption and
settlement of all ancillary costs, wherein we reserve the right to accept bills of exchange.

5.6 Incoming payments will be set off against the oldest outstanding receivable.

6. Place of performance and venue6. Place of performance and venue

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6.1 Place of performance for delivery and payment is D-91731 Langfurth.

6.2 Venue is in the corresponding place of performance pursuant to 6.1, including deliveries to countries outside Germany

6.3 Registration: peel-plate GmbH VAT –Id No.-DE 131942343 – Register Court Ansbach HRB No. 1400

7. Amendments, ancillary agreements, partial effectiveness

7.1 Amendments and supplements to the contract as well as ancillary agreements are valid only when confirmed by us in writing.

7.2 If individual terms of this contract are invalid, the validity of the remaining contract provisions is not affected.

As per: 17.03.2025