Terms & Conditions

1.General

Unless otherwise agreed in writing, these general terms and conditions (the “T/Cs”) applies to all orders and deliveries from
Consilium Safety Group AB and any of its subsidiaries from time to time (”Consilium”). These T/Cs comprise the basis on which
Consilium, sells or provides hardware, software, technology, and/or installations and services, including all kinds of technical
support (“Products”) and shall form an integral part of any contractual relationship between Consilium and its counterparty as
regards the sale or delivery of Products. In these T/Cs, any counterparty shall be referred to as “Purchaser”. A Purchaser’s
own terms and conditions, or any variation of these T/Cs, shall only apply if accepted in writing by Consilium.

In addition to the T/Cs, Orgalime General Conditions for the Supply and Installation of Mechanical, Electrical and Electronic
Products (“Orgalime SI 14”) are applicable. Orgalime SI 14 shall be supplementary to the T/Cs. In case of inconsistencies, the
T/Cs shall prevail.

2.Quotations

Quotations are without any obligation on the part of Consilium.

3.Orders

A Purchaser’s order for purchase of the Products is considered an offer from the Purchaser and will be accepted by Consilium
issuing a written order confirmation. An order confirmation is deemed approved by and is binding for the Purchaser in its
entirety and in force unless objections are raised within three working days after Purchaser’s receipt of the order confirmation.
If the Purchaser confirms an order with changes (including, for the avoidance of doubt, references to terms and conditions
which amend, or attempt to amend, the terms of these T/Cs), Consilium shall not be bound by the changed order. Instead,
unless otherwise is expressly agreed between the parties in writing, the order shall be deemed rejected by Consilium.

4.Terms of delivery

The terms of delivery are as per contract or written agreement. If no terms are stated, the terms ex-works will automatically
apply.

5.Prices

Prices are exclusive of taxes, VAT, duties and similar levies.

6.Payment and related matters

An irrevocable letter of credit in a form acceptable to Consilium shall be handed over to Consilium at least 30 days prior to
delivery. Alternatively, full payment shall be made 30 days prior to delivery.
The Purchaser is not entitled to set off payment against any claims against Consilium.

7.Extended delivery time and changes 

If the Purchaser fails to pay or open L/C within the agreed time or delays the work by adding to or changing the order, Consilium
may, without limiting any other right (including termination), extend the delivery time by a period that in Consilium’s opinion is
appropriate to the circumstances. All costs and expenses occurring as a result of a delay in payment by the Purchaser shall
be borne by the Purchaser.

Changes to an order will, if at all accepted by Consilium, give Consilium the right to charge additional costs and revise price
and delivery time.

8.Purchaser’s breach of contract

If the Purchaser fails or, in Consilium’s opinion is likely to fail – to meet any obligation to Consilium, then Consilium may, in
addition to and without prejudice to its other remedies (and without any compensation to the Purchaser) cancel any
outstanding order or any part of any contract which remains unperformed. Consilium is entitled to compensation for all its loss
(including indirect loss and consequential loss) in case of the Purchaser’s breach of contract.

9.Warranty

Consilium extends a warranty that the delivered goods will be free from defects at the time of delivery. The warranty includes
an obligation to remedy deficiencies due to defects by making repairs or replacing the defective part within a reasonable time.
Costs associated with work, travelling, waiting time and living expenses in connection with fulfilling the warranty are not
included.

The warranty only applies if: (i) the goods are handled, stored and used normally and in accordance with Consilium’s
instructions, (ii) installation was made in accordance with good workmanship, industry standard and Consilium’s installation
instructions, (iii) if applicable, installation was made under the supervision of a Consilium authorized engineer, (iv) if appropriate
commission record is filled in and returned to Consilium, and (v) Consilium is notified of the defect immediately upon discovery.

The warranty does not cover consumables (batteries, lamps, fuses, beacons, backlights, magnetrons etc.), nor costs for
repairing of faults caused by malfunction of such items. The warranty is not valid for contaminated detectors. The warranty is
not valid for external faults, earth faults caused by external faults or faults in the equipment caused by external faults. The
standard warranty only comprises defects which appear within 12 months after delivery.

10.Return shipments/products

Before sending any items in return to Consilium, a Purchaser must communicate with Consilium to get the return approved
and receive an RMA-number (Return Merchandise Authorization) and the RMA-document has to be filled in and attached to
the products in the package and also clearly marked outside the package with RMA number.

Consilium will decide if the return shipment is requested / necessary or not. As Consilium are supplying safety products
Consilium will not accept packages in return with broken seal or without ESD protection (if applicable) into ordinary selling
stock in Consilium. All return products shall be packed as for overseas transport. Products which have past EOL (End of Life)
will not be accepted for return by Consilium. Products with limited life time such as batteries, gas sensors and test gases will
not be accepted for return by Consilium. Products that have not been handled and stored in accordance with Consilium’s
instructions or with due care will not be accepted for return by Consilium.

The response time from when Consilium is set to reply with results/decision of the assessment is normally within 1-3 weeks,
depending on the product and amount of products returned.

11.Installation

Installation, commissioning, FAT, HAT or SAT is not included unless specifically quoted and agreed by Consilium.

12.Drawings and documentation

Drawings, in addition to template installation drawings included in the manuals, are not included unless specifically quoted and
agreed.

13.Force majeure

In addition to the circumstances outlined under section 73 of Orgalime SI 14 also (i) the situation where Consilium is unable

to itself or via its subcontractors – acquire materials and other equipment needed to execute the delivery on terms reasonable
for Consilium, and (ii) any other circumstance beyond Consilium’s or its subcontractor’s control that hinders delivery (including
a pandemic) shall be deemed as a force majeure situation. In all force majeure situations, Consilium is entitled to cancel the
agreement or extend the agreed delivery period by an appropriate period without compensation to the Purchaser.

14.Limitation of liability

Consilium is not responsible for any indirect or consequential losses, losses of production, profit or similar. Nor will any
liquidated damages, penalties or fines be paid, unless this has been agreed in writing by Consilium. Further, Consilium’s
aggregate liability may never exceed the total value of the relevant order.

15.Intellectual property rights

The Purchaser is responsible and shall hold Consilium harmless for any breach of third-party rights related to patents,
registered designs, and other intellectual property rights.

16.Trade compliance

Consilium complies with applicable trade and financial sanctions (“Sanctions”) and export control laws and regulations
published by the United Nations, the European Union, and the United States (together with Sanctions, “Trade Controls”).
Applicable law in this regard should be followed in respect of any dealings by the Purchaser involving Products supplied by
Consilium, as described below. Consilium reserves the right to decline and/or cancel any orders or deliveries to entities listed
in connection with Sanctions or export controls. Purchaser hereby represents that it is knowledgeable regarding Trade
Controls and Consilium’s policies and guidelines related thereto. In using the Products, including using the Products in support
of any particular project, transporting the Products to any jurisdiction, or providing the Products to any third party, Purchaser
shall comply with applicable global trade laws, including (i) UN Security Council requirements regarding Sanctions, (ii) EU laws
and regulations regarding Sanctions, (iii) Sanctions laws and regulations administered by the U.S. Treasury Department’s
Office of Foreign Assets Control (“OFAC”), (iv) the EU Dual-Use Regulation, (v) the U.S. Export Administration Regulations
(“EAR”) administered by the U.S. Commerce Department’s Bureau of Industry and Security (“BIS”), (vi) the U.S. International
Traffic in Arms Regulations (“ITAR”) administered by the U.S. State Department’s Directorate of Defense Trade Controls
(“DDTC”), and (vii) other applicable Sanctions, export control, or import laws. In the event of any export, re-export, or other
dealing in controlled products, technology, services, or information, whether directly or indirectly, Purchaser will first obtain all
necessary written consents, permits, and authorizations, and complete such formalities as may be required by any applicable
global trade law. Purchaser furthermore will not sell, transfer, or provide Products supplied by Consilium to any individual or
entity (i) designated on (a) the list of sanctioned entities maintained by the United Nations, (b) the List of Specially Designated
Nationals and Blocked Persons, the Foreign Sanctions Evaders List, and the Sectoral Sanctions Identifications List, all
administered by OFAC, (c) the U.S. Denied Persons List, the U.S. Entity List, and the U.S. Unverified List, all administered by
BIS, (d) the Consolidated list of Persons, Groups and Entities Subject to EU Financial Sanctions, as implemented by the EU
Common Foreign & Security Policy, (e) similar lists of restricted parties maintained by other applicable Governments; or (ii)
any entity owned 50% or greater, or otherwise controlled by, the foregoing. Purchaser furthermore will not, directly or
indirectly,(i) sell, transfer, or provide Products supplied by Consilium to any entity or individual located in, organized under the
laws of, or ordinarily resident in any country or geographic region subject to comprehensive sanctions administered by OFAC
or the EU, which currently includes Afghanistan, Cuba, Iran, North Korea, Syria, Venezuela, Russia, Belarus, and the Crimea,
Donetsk, Kherson, Zaporizhzhia and Luhansk regions of Ukraine (”Sanctioned Jurisdictions”), or (ii) transport Products
supplied by Consilium into any Sanctioned Jurisdiction, including the territorial waters thereof. If required to enable authorities
or Consilium to conduct export control checks, Purchaser, upon request by Consilium, shall promptly provide Consilium with
all information pertaining to the particular end-customer, the particular destination, and the particular intended use of Products
provided by Consilium.

Any costs or damages resulting from a breach of this Clause or clause 18 below shall be borne by the Purchaser. Purchaser
shall indemnify and hold harmless Consilium from and against any claim, proceeding, action, fine, loss, cost and damages
arising out of or relating to any non-compliance with applicable Sanctions or export control laws or regulations by Purchaser
(including based on clause 18 below), and Purchaser shall compensate Consilium for all losses and expenses resulting thereof.

17.Anti-bribery compliance

Consilium complies with applicable laws regarding the prevention of corruption and bribery. Applicable law in this regard
should be followed in respect of any dealings by the Purchaser involving Products supplied by Consilium, as described below.
Consilium reserves the right to decline and/or cancel any orders or deliveries to entities listed in connection with Anti-Corruption Laws

(as that term is defined below). Purchaser shall comply with all applicable laws regarding the prevention of
corruption and bribery, including but not limited to the U.S. Foreign Corrupt Practices Act (“FCPA”), the UK Bribery Act, and
other applicable international anti-bribery and anti-corruption laws (hereafter jointly: “Anti-Corruption Laws”). Purchaser
hereby represents that it is knowledgeable regarding Anti-Corruption Laws and Consilium’s policies and guidelines related
thereto, and with respect to these T/Cs and Purchaser’s use of Products Supplied by Consilium: (A) Purchaser agrees that it will not,

and will ensure that its employees, directors, officers, agents or other persons acting on its behalf do not, make any
payments, or provide any gifts, political or charitable contributions, or anything else of value, either directly or indirectly, to any
person or official of any government or government agency for the purpose of (i) influencing an act or decision of the official in
his or her official capacity or inducing the official to use his or her influence to assist Purchaser in obtaining or maintaining
business or in obtaining or paying for favorable treatment or for influencing official actions or decisions affecting the agreement
between Consilium and Purchaser or Purchaser’s use of Products supplied by Consilium; or (ii) in furtherance of any additional
prohibited act under Anti-Corruption Laws. (B) Purchaser agrees that no government or foreign official (as this term is
interpreted under the FCPA and by the laws or regulations of the Market) will have any interest in, or benefit from, this an
agreement between Consilium. (C) Purchaser will provide Consilium with the assurances and official documents that Consilium
may periodically request in order to verify Purchaser’s compliance with this Clause.

Any costs or damages resulting from a breach of this Clause shall be borne Purchaser. Purchaser shall indemnify and hold
harmless Consilium from and against any claim, proceeding, action, fine, loss, cost and damages arising out of or relating to
any non-compliance with applicable Anti-Corruption Laws by Purchaser, and Purchaser shall compensate Consilium for all
losses and expenses resulting thereof.

18.No re-export to Russia clause

1. The Purchaser shall not sell, export or re-export, directly or indirectly, to the Russian Federation or for use in the Russian
   Federation any goods supplied under or in connection with this Agreement that fall under the scope of Article 12g of
   Council Regulation (EU) No 833/2014.
2. The Purchaser shall undertake its best efforts to ensure that the purpose of paragraph 1) is not frustrated by any third
   parties further down the commercial chain, including by possible resellers.
3. The Purchaser shall set up and maintain an adequate monitoring mechanism to detect conduct by any third parties
   further down the commercial chain, including by possible resellers that would frustrate the purpose of paragraph 1).
4. Any violation of paragraphs 1), 2), or 3) shall constitute a material breach of an essential element of these T/Cs and any
   related agreement, order or delivery, and Consilium shall be entitled to seek appropriate remedies, including, but not
   limited to: (i) termination of any related agreement order or delivery; and (ii) a penalty of the price of the goods exported
   or the higher amount, which Consilium’s damages as a result of the breach amounts to. This provision does not imply
   any restrictions for Consilium to take any measures or to demand other sanctions according to these T&Cs or according
   to law.
5. The Purchaser shall immediately inform Consilium about any problems in applying paragraphs 1), 2), or 3) including any
   relevant activities by third parties that could frustrate the purpose of paragraph 0. The Purchaser shall make available to
   Consilium information concerning compliance with the obligations under paragraph 1), 2), and 3) within two weeks of the
   simple request of such information.

19.Miscellaneous

Consilium retains the right to amend the T/Cs from time to time.

Should any provision of these T/Cs be or become invalid, the legal effectiveness of all remaining provisions shall not be affected
thereby.

Any waiver of a right according to these T/Cs must be made in a separate written document duly executed by a party. The
fact that a party refrains from enforcing a right shall not prejudice such party from enforcing such right later and shall hence
not be construed as a waiver of such right.

Neither party shall be entitled to assign nor transfer all or any of its rights, benefits, or obligations under any agreement without
the prior written consent of the other party, except that Consilium may freely transfer and assign an agreement to an affiliate
in which event all right and obligations under the agreement, and any outstanding orders, shall be transferred and assigned to
such affiliate. In the event of such transfer and assignment, Consilium shall inform the Purchaser in writing thereof.