General Terms and Conditions for The Intelligence Company AB

1 GENERAL

Scope of service and ordering

1.1 TIC provides a subscription service for business, credit and market information provided via the company's platform. The Service is sold in subscription form, through a subscription agreement to a legal or natural person. The Services include giving the Customer access to the platform.

1.2 The Customer has the right to use the Services in accordance with the Parties' Agreement. Use shall be in accordance with current legislation and for the Customer's internal use. The Customer is aware that they do not have the right to sell, transfer, commercially exploit or otherwise make any information obtained via the Services available to third parties without explicit permission.

1.3 The Customer shall use the Services in a loyal manner and shall follow any instructions for use from TIC. In case of misconduct or if the Customer is in arrears with payment, TIC has the right to suspend the Customer's access to the Services.

1.4 The Customer is aware that the content of the Services may be changed and replaced due to statutory requirements, government decisions or changes in the information provided by TIC's information suppliers.

1.5 TIC conducts continuous further development of the platform and the provided Services. The Customer accepts that TIC has the right to modify and further develop the Services during the contract period.

Subscription confirmation and agreement start

1.6 The Subscription Agreement specifies the price for the Service, the binding period, and a link to these General Terms and Conditions.

Prices

1.7 The Customer pays an agreed subscription fee (the "Subscription Fee").

Payment terms

1.8 Payment of the Subscription Fee is made against invoice annually or monthly in advance.

1.9 Payment of the Subscription Fee must be received by TIC by the due date on the invoice. In case of late or non-payment, default interest will be charged at the applicable reference rate plus 8%, a reminder fee of SEK 60, and any other costs incurred by TIC, e.g., collection costs. Furthermore, TIC has the right to deactivate the Service.

1.10 The Customer is responsible for making timely payment of the Subscription Fee in accordance with what is specified in each respective invoice.

Service availability

1.11 TIC intends to provide the Service to the Customer without major interruptions. Due to technical issues or maintenance (e.g., power outages, software and/or hardware errors, connection loss, etc.), interruptions in the Service may occur for the Customer. TIC does not guarantee uninterrupted access to the Service for such errors that are beyond TIC's control. Furthermore, interruptions in the Service may also occur when TIC performs planned or unplanned maintenance of the Service (e.g., when updating software or hardware).

1.12 By entering into the Agreement, the Customer accepts that interruptions, delays and similar caused by circumstances beyond our control or that are part of our continuous service of the Services do not constitute defects.

Agreement period

1.13 The Agreement runs for a period of twelve (12) months from the time the Agreement was entered into, unless the parties have agreed otherwise in the Subscription Agreement. However, the contract period is extended by an additional twelve (12) months at a time unless a party, by written notice to the other party, terminates the Agreement in writing no later than three (3) months before the end of the current twelve-month period.

2 TIC'S RIGHTS, OBLIGATIONS AND LIABILITY

Restrict usage or close access

2.1 In case of late or non-payment for the Subscription or additional services, TIC has the right to deactivate the Service. Deactivation of the Service does not automatically mean that the Service is terminated.

In case of errors, remediation, etc.

2.2 Provided that the Customer has paid the required fees in accordance with these General Terms and Conditions, TIC is obligated to remedy any errors in the Service after the Customer has notified TIC of this. Remediation shall take place without undue delay after notification from the Customer, taking into account the nature and circumstances of the deviation.

Transfer

2.3 TIC has the right to assign this Agreement, in part or in whole, at any time, without obligation to notify the Customer of such assignment.

3 CUSTOMER'S OBLIGATIONS AND LIABILITY

Terms and conditions and information

3.1 The Customer is responsible for reviewing these General Terms and Conditions and observing any changed or new terms and conditions regarding the Service and the Subscription. If the Customer continues to use the Service after the date on which such changes take effect, it means that the Customer accepts the changes.

3.2 The Customer is responsible for the accuracy of the information provided by the Customer in connection with entering into the Agreement or Subscription and the use of the Services. TIC is not responsible for any damages arising from the Customer providing incorrect information or failing to update the information.

3.3 The Customer shall store personal and user-specific information – such as user identity and password – that may be used for the use of the Services – in a secure manner and not use it or disclose this information to any unauthorized person. If the Customer suspects, or should have suspected, that such information has come to the knowledge of any unauthorized person or is otherwise being misused, the Customer is obliged to immediately take action to limit access thereto.

3.4 The Customer is responsible for activities undertaken by the Customer. The Customer is thus responsible for, among other things, any transfer of information and electronic documents. The Customer is obliged to, in addition to these General Terms and Conditions and any instructions that TIC from time to time publishes on its website, observe applicable laws, rules, government decisions and generally accepted ethical and moral values when using the Service. The Customer may not use the Services in such a way that TIC suffers inconvenience or damage.

Transfer

3.5 The Customer has no right to transfer the Agreement or the Subscription. The Customer also has no right to transfer or assign any rights to the Service without TIC's prior written consent.

Obligation to hold TIC harmless

3.6 The Customer shall hold TIC harmless if the Customer has infringed on a third party's intellectual property rights or if a third party makes claims against TIC due to the Customer's use of the Services.

4 INTELLECTUAL PROPERTY RIGHTS

4.1 TIC owns all intellectual property rights attributable to the Services regardless of form or format, with the exception of the Customer's material. The Agreement does not entail any transfer of any intellectual property rights.

4.2 Provided that the agreed fee for the service has been paid and in accordance with the terms agreed upon by the Parties, TIC grants the Customer a non-exclusive and non-transferable license to use the Services for its internal operations during the contract period.

4.3 The Customer does not have the right to remove TIC's trademark, logo, or other distinctive signs without TIC's written consent.

5 PERSONAL DATA

5.1 If the provision of services involves the processing of personal data, the parties undertake to comply with applicable data protection legislation.

5.2 For the fulfillment of the Agreement, TIC may process personal data relating to the Customer such as names of users of the Services, information about the processing carried out, and current contact details for submitting requests for changes, comments or complaints regarding personal data processing.

5.3 In the event of a complaint regarding personal data processing related to Services provided by TIC to the Customer, the parties shall inform and assist each other in resolving the matter efficiently.

6 COMPLAINTS

6.1 Complaints must, in order to be invoked, be made in writing and within a reasonable time after the Customer noticed the error/deficiency or reasonably should have noticed the error/deficiency. The Customer shall at their own expense submit the necessary material and/or information so that the deviation according to the notification can be rectified by TIC.

6.2 The Customer is obligated to submit compensation claims to TIC without undue delay after the damage was discovered or should have been discovered. If the Customer fails to do so, the Customer forfeits the right to assert the claim.

7 SUBSCRIPTION VALIDITY PERIOD, TERMINATION AND CESSATION

Subscription validity period

7.1 If the Subscription has not been terminated by a Party at least 1 month before the Agreement expires, it will be extended by an additional twelve months each time. In the event a Party wishes to terminate the agreement during the extension, this must be done at least 1 month before the end of each respective extension period.

TIC's right of termination

7.2 TIC has the right to terminate the Subscription with immediate effect if the Customer has not paid the agreed fees and is in arrears for more than thirty (30) days; or if the Customer breaches any term of the Agreement.

8 NO WARRANTIES

8.1 To provide the Services, TIC compiles data from data providers that TIC has assessed as reliable. However, TIC cannot at all times guarantee the reliability of the data as complete or accurate. The data provided through the Services is provided "as is", meaning that no guarantees are given for the data. TIC thus assumes no responsibility for incomplete or incorrect information in the Services.

9 LIABILITY

9.1 TIC is entitled to damages for any loss incurred by TIC as a result of improper use of the Services.

9.2 TIC's total liability for damages during the contract period shall be limited to the lesser of the amount paid by the Customer for the services during the contract period. TIC is not liable for indirect damages or consequential damages.

10 FORCE MAJEURE

10.1 The parties agree that in the event a Party is wholly or partially prevented from fulfilling its obligations under the Agreement and this is due to circumstances beyond the Party's immediate control and which the Party could not reasonably have known or foreseen at the time of entering into the agreement, this shall constitute grounds for relief resulting in postponement of the time for performance and exemption from penalties and other sanctions. Grounds for relief include government intervention, war, riots, strikes, natural disasters, power outages, sabotage against for example electricity, telephone lines and computer equipment or similar events. If a Party's performance is substantially prevented for longer than three months due to the above circumstances, the Party shall be entitled to withdraw from the Subscription in writing without liability for compensation.

11 AMENDMENTS TO TERMS

11.1 TIC may change these General Terms and Conditions without obtaining prior approval from the Customer. Such change shall, with respect to existing Customers, take effect one week after the changes have been posted on TIC's Website and the Customer has received information from TIC that changes to these General Terms and Conditions have been made. In the event that the Customer does not accept the changes to these General Terms and Conditions, the Customer has the right, without regard to section 7.1 above, to immediately terminate the Agreement within one month from when the changes take effect. In the event that such termination does not occur, the Customer shall be deemed to have accepted the changes by continuing to use the Services. For new Customers, the most recently published General Terms and Conditions apply immediately.

12 NOTICES

12.1 Notices under these General Terms and Conditions shall be delivered by courier to the respective Party's specified address or by email to the Party's respective email address through which the other Party normally communicates with the Party. Such notice shall be deemed delivered (i) at the time of delivery (if delivered by courier) or (ii) at the time of sending (if sent by email).

13 INVALIDITY OF PROVISIONS

13.1 Should any provision in these General Terms and Conditions or the application thereof be invalid, this shall not mean that the General Terms and Conditions or the provision as a whole is invalid. Instead, the Parties shall adjust the General Terms and Conditions or the provision, as far as possible, to give effect to the spirit of the General Terms and Conditions. If the Parties cannot agree on an amendment of a provision that is invalid, such provision shall be deemed deleted and the remaining provisions of the General Terms and Conditions shall continue to apply.

14 HEADINGS

14.1 The headings in these General Terms and Conditions are included for editorial purposes only and shall not form the basis for interpretation of the substantive provisions of the General Terms and Conditions.

15 APPLICABLE LAW

15.1 The Subscription and the Agreement shall be governed by and construed in accordance with Swedish substantive law.

16 DISPUTES

16.1 Disputes arising from the Subscription, the Agreement and related legal relationships shall be finally settled in a general court where Stockholm District Court shall be the first instance.