Terms and Conditions v1

PART I – GENERAL PROVISIONS

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DUAL SERVICE MODEL

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The Goparity Platform offers two distinct types of crowdfunding services provided by twoseparate licensed entities:

(i) Crowdlending Services (loan-based crowdfunding) are provided by POWER PARITY, S.A.(trading as Goparity), authorised and supervised by the Comissão do Mercado de ValoresMobiliários (CMVM) under Regulation (EU) 2020/1503. Users contracting for CrowdlendingServices enter into a contractual relationship with Power Parity, S.A.

(ii) Crowdequity Services (equity-based crowdfunding) are provided by BOLSA SOCIAL, S.L., awholly-owned subsidiary of Power Parity, S.A., authorised and supervised by the ComisiónNacional del Mercado de Valores (CNMV) under Regulation (EU) 2020/1503. Users contractingfor Crowdequity Services enter into a contractual relationship with Bolsa Social, S.L.

The applicable regulatory framework, investor protections, costs, risks, and supervisoryauthority differ depending on the type of service and the Campaign in which the Userparticipates. Prior to making any investment, Users are strongly encouraged to review theapplicable Key Investment Information Sheet (KIIS) and the specific terms applicable to eachservice type, which clearly identify the contracting entity and the applicable regulatoryframework.

This notice is provided in accordance with Article 19(1) and (5) of Regulation (EU) 2020/1503and Article 15-A of Law No. 102/2015.

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1. Scope

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These Terms and Conditions of Use and Services of the Goparity Platform ("Terms") establishthe contractual framework governing access to and use of the Platform and the crowdfundingservices provided by Goparity. They apply to all Visitors and Users of the Platform, asapplicable.

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2. Binding Nature and Acceptance

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2.1. Acknowledgement. By creating an Account or otherwise using the Goparity Platform,You confirm that You have read, understood, and accepted these Terms together with the 2POWER PARITY, S.A., tax and corporation no. 514373822 - Rua Filipe Folque, n.º 2 – 1.º andar, 1050-110 Lisbon, PortugalManaging entity of the crowdfunding platform www.goparity.com,Registered with the CMVM, under Regulation (EU) 2020/1503Privacy Policy. If You do not agree with these Terms or the Privacy Policy, please refrain fromusing this Platform. Access to the Services is only available to registered Users.

2.2. Interpretation, relationship with other documents and prevalence. These Terms apply toall Visitors and registered Users, as applicable. Registered Users may act as Investors and/orProject Promoters. Specific provisions apply to Users in their capacity as Investors (Part IV) orProject Promoters (Part V) and shall be read together with the remaining provisions of theseTerms. These Terms shall be read together with: (1) the Privacy Policy; (2) the Pricing; (3) anyCrowdfunding Services Agreements; (4) Loan Agreements; (5) Investment Agreements; and (6)the KIIS. In the event of conflict between these Terms and any other document, these Termsshall prevail, except where mandatory law provides otherwise.

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3. Definitions

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Throughout these Terms, the following definitions shall apply, among others

a. "CMVM" means the Comissão do Mercado de Valores Mobiliários, the nationalcompetent regulatory and supervisory authority for crowdfunding services in Portugal(https://www.cmvm.pt/).

b. "CNMV" means the Comisión Nacional del Mercado de Valores, the nationalcompetent regulatory and supervisory authority for crowdfunding services in Spain(https://www.cnmv.es/).

c. "Conflict of Interest" means any situation in which the Goparity, its shareholders,managers, employees, or any person directly or indirectly linked to it, has interests thatmay compromise, or be perceived to compromise, the impartial and objectiveperformance of its duties towards Users or between Users themselves.

d. "Crowdfunding Campaign" or "Campaign" means page made available in the Platformadvertising a crowdfunding investment opportunity in a Project to be pursued by theProject Promoter using funds raised from Investors.e. "Crowdfunding Services Agreement" means a services agreement entered intobetween Goparity and each Project Promoter governing complementary terms ofaccessing funding via the Platform.

f. "Crowdequity Services" means the equity-based crowdfunding services providedthrough the Goparity Platform, facilitated by Bolsa Social, S.L. under its authorisationby the CNMV, pursuant to which Investors subscribe for equity instruments (shares,convertible notes or equivalent) in Promoters, governed by Investment Agreements.