Revision number: 20th of August 2026

TERMS AND CONDITIONS OF SALE AND DELIVERY

These Terms and Conditions of sale and delivery (“Terms and Conditions”) apply between a customer (“Buyer”) and Pack Tech A/S to the extent that they have not been specifically derogated from by written agreement between the parties. Thus, the price and terms in an offer from Pack Tech A/S, c.f. below, are based on the specific condition that the Terms and Conditions apply. Consequently, these Terms and Conditions shall prevail regardless of time of receipt of any other provisions or conditions, and the parties agree that in case of “battle of forms”, no “last shot rule” is valid.

If any provision or part thereof is found by a court or authority of proper jurisdiction to be inconsistent with or void under any applicable law, the validity of the remaining part of the provision and other provisions shall not be affected. In such case, the parties shall interpret and/or replace the ineffective provision or part there of with alegally binding provision and/or interpretation of fundamentally the same content and effect.

Offer and Conclusion of Order

If, upon initial correspondence between the parties, an order is placed and an Order Confirmation (“OC”) issent by Pack Tech A/S to the Buyer in accordance herewith, the parties have hereby entered into a legally binding agreement (“the Order”). If the OC differs from what the parties have agreed by any addition, reduction or qualification and the Buyer does not accept such changes, the Buyer shall immediately upon receiving the OC inform Pack Tech A/S of such non- acceptance. Otherwise, only Pack Tech A/S’s OC shall be legally binding. If a type sample along with technical specifications is sent to the Buyer for testing, the Buyer is, without delay, obligated to test and ensure that the type sample is as requested in terms of compatibility with the Buyer’s products, etc. When acceptance has been received by Pack Tech A/S, the type sample as well as the offer are to be considered approved by the Buyer and the parties have hereby alsoentered into an Order. The Buyer is always and without exception liable for and obligated to secure that an Order and a product from Pack Tech A/S is fit, correct and sufficient for the Buyer’s purpose.

Whenever an Order is agreed in accordance with the above, the Order is covered inter alia by these Terms and Conditions.

The Buyer cannot assign the rights and obligations of the Order to a third party without the prior written consent of Pack Tech A/S.

Price and Payment

All prices are exclusive of the VAT rate applicable from time to time. The payment terms are net cash 14 days from the date of invoice. Interest will accrue as of the due date at Pack Tech A/S’s rate at any time, currently 2% per month or fraction of a month. With regards to successive deliveries, Pack Tech A/S is entitled to invoice each instalment.

The Buyer is not entitled to set off or withhold any payments due to Pack Tech A/S.

Title to the products remains vested in Pack Tech A/S and does not pass to the Buyer until the Order has beenpaid for in full. The retention of title does not affect the passing of risk inregard to delivery. At the request of Pack Tech, A/S, the Buyer shall at anytime provide an adequate bank guarantee as security for payment.

The prices quoted by Pack TechA/S are based on the current costs of goods and materials as per the date ofthe offer. Thus, Pack Tech A/S is entitled to adjust prices quoted in offers made and in confirmed non-delivered orders in the event of price increases from sub-suppliers, freight rates and/or costs of materials in the period between offer and delivery of more than 5 %. Furthermore, in the same period, Pack TechA/S is entitled to adjust the prices percentagewise and proportionally in the event of any change in the exchange rates and customs tariff rates for imported goods and materials in Pack Tech A/S’s disfavor as per the date of the offer.

Delivery

Delivery is ex warehouse PackTech A/S unless otherwise agreed.

Delivery is effective at the time agreed with the Buyer. If no delivery time has been fixed, delivery is effective as soon as possible. Delay of less than 15 days does not constitute a breach of contract. The delivery times indicated are subject to the timely receipt of materials from Pack Tech A/S’s sub-suppliers. Delay due to such delay in materials from sub-suppliers does not constitute a breach of contract.

In the event that timely delivery is prevented by factors beyond Pack Tech A/S’s control (Force Majeure), including, but not limited to, sub-suppliers, delays in transportation, strike, lockout, fire, explosion, epidemic, war, terrorism, seizure, or exchange control regulation as a result of one or more of the above factors, Pack Tech A/S may, without incurring any liability, cancel the Order by informing the Buyer of such cancellation in writing without undue delay.

If Pack Tech A/S decides not to cancel the Order on the grounds of Force Majeure, Pack Tech A/S is with- out undue delay obligated to inform the Buyer of the resulting extension of the delivery time. If the delivery time is extended by more than one month due to Force Majeure, the Buyer may, without incurring any liability, terminate the Order with immediate effect by informing Pack Tech A/S of such termination inwriting without undue delay.

The Buyer cannot – regardless of the circumstances – return any goods after delivery without prior written acceptance from Pack Tech A/S.

Quantity Variation and Non-conformity

Prices quoted are based on the full quantity specified in the offer. Pack Tech A/S may supply up to 10% more or less than the exact quantity ordered, and the Buyer shall accept and pay at the quoted rate for the actual quantity delivered.

Upon delivery of the goods, the Buyer must carry out an inspection and testing. The Buyer is deemed to have accepted the goods (quantity and conformity) unless written notice of rejection specifying reasonable reasons for rejection isgiven to Pack Tech A/S within 7 days after delivery.

It is the sole responsibility of the Buyer to ensure that the Products aresuitable for the intended use and/or combination with other components. Further, Pack Tech A/S shall bear no responsibility for defects due to incorrect use, modification or storage.

In case of documented non-conformity in accordance with the above, Pack Tech A/S is at the sole discretion of Pack Tech A/S entitled to either (i) delivery of substitute goods, (ii) remedy if possible or (iii) refund against the return of the goods.

Intellectual property rights

If Buyer receives material and/or information in the form of products, drawings, specifications, etc. this is solely the property – including intellectual property – of Pack Tech A/S. Furthermore, such material and/or any non-public information, received or made available to the Buyer by Pack Tech A/S, shall be considered confidential information to be kept confidential. If the Buyer requests certain specifications, designs, shapes or other IP-related demands in connection to an Order, the Buyer is solely responsible and liable for any breach of Intellectual Property Rights and shall hold Pack Tech A/S harmless for any costs or liability in this regard.

If Pack Tech A/S agrees to manufacture tools and/or moulds for the Buy- er based on the Buyer’s instructions, all intellectual property rights there to shall remain the exclusive property of Pack Tech A/S. Also, if the parties agree that title to tools and/or moulds are transferred to the Buyer, the tools and/or moulds shall remain in Pack Tech A/S’s possession for a period of seven years from the date of the Order. If Buyer here after chooses to move the tooling and/or moulds from Pack Tech A/S, Buyer shall pay all of Pack Tech A/S’s documented costs involved with this.

Pack Tech A/S is proud to be able to offer two specific and unique solutions as a consequence of our strategic sustainability work:

OWP Collect (a concept):

• Packaging made from (conventional)PCR- or virgin plastic

• Removal of plastic from the ocean and rivers 1:1 in comparison to the percentage (measured by weight) of OWP Collect purchased for the order. Example: If the packaging weighs 100 grams,and a customer has purchased 50 % OWP Collect for the item/component, 50 gramsof plastic will be removed from the oceans and/or rivers)

• Recycling of as much as possible of the collected plastic for other industries

We underline that there is no plastic from the ocean and rivers in products where customers have purchased OWP Collect concept.

Ocean Waste Plastic (OWP):

• OWP is a raw material made of plastic waste collected in oceans and rivers used in different quantities in our packaging “Made with OWP”

• The raw material converted from the collected plastic is thus included in the packaging in a quantity agreed with Customer (from 1-100% of the collected plastic) Example: if a packaging/component weighs 20 grams and is made with 20% OWP, 4 grams of plastic is collected from oceans and/or rivers and the equivalent amount of plastic collected from oceans and/or rivers is used as an ingredient in the packaging

• OWP must be used in conjunction with a specification of the percentage of OWP raw material in the packaging.

The Buyer is responsible for securing sufficient compatibility between packaging/parts made in OWP as well as regulatory demands when used in/with the Buyer’s own product(s) and Pack Tech A/S assumes no liability in this respect. As each batch with OWP is different from one to another, the smell as well as the visual look of the packaging material (and therefore the packaging itself) may vary. Black spots in the material, a “rougher”surface, a smell of “burned plastic” and color variation are not unusual in OWP packaging.

The amount of packaging ordered by the Buyer within both the OWP Collect concept and OWP is collected by ReSea Project ApS (the company responsible for the collection). ReSea Project ApS collects plastic on a daily ongoing basis and not only upon specific OWP and OWP Collect orders. Therefore, the plastic will be – or has been – collected within a time period of 6 months before or after Pack Tech A/S ships and invoices an order of packaging within OWP or OWP Collect. The Buyer can request a certificate documenting both the collection itself and the amount of plastic collected on Buyer’s behalf. This certificate is issued by ReSea Project ApS and is linked to the Buyer with a Pack Tech A/S reference (e.g., Buyer name,the invoice number, etc.). When buying OWP and OWP Collect, the Buyer shall hereafter make sure that the plastic waste collected by ReSea Project ApS is not falsely used for marketing purposes (green washing, etc.) by the Buyer or the Buyer’s own customers, e.g., by ensuring that the collected plastic waste cannot be claimed to have been collected more than once.

Liability

Pack Tech A/S bears no responsibility for an Order being fit for the Buyer’s purpose. Further, Pack Tech A/S bears no liability for the Buyer’s use of an Order or any regulatory or legislative compliance imposed on the Buyer. In addition, the Buyer is responsible for following any guidelines provided by Pack Tech A/S in connection with the use of products. In the event of any delay or non-conformity of the goods delivered, Pack Tech A/S is not liable for any indirect loss, i.e., business interruption, loss of profits or any other indirect loss on the part of the Buyer, including loss as a result of the Buyer’s legal relations with any third party. Any claim for a product recall will be the sole responsibility of the Buyer, unless the Buyer can document that the reason for the recall is solely caused by Pack Tech A/S.

If a third party makes any product liability claim for damages directly against Pack Tech A/S in relation to the goods sold, Pack Tech A/S has full and unlimited recourse against the Buyer, and the Buyer shall indemnify, defend and hold Pack Tech A/S harm- less from any and all losses and costs related to such claim. Pack Tech A/S is not liable for any damage to any properties or chattels caused by the goods sold if such damage occurs while the goods are in the Buyer’s possession. Nor shall Pack Tech A/S be liable for any damage to any of the Buyer’s products, of which the goods form a part.

Pack Tech A/S is only liable for any personal damage caused by the goods sold if it is documented that the damage is a consequence of any negligence shown by Pack Tech A/S or anyone else that Pack Tech A/S is liable for.

In the event that a third party commences proceedings for damages against either Pack Tech or the Customer concerning product liability, the relevant party shall immediately inform the other party.

Pack Tech A/S bears no responsibility for the CO-2 emission calculations set out in the invoice. The calculations are provided by ClimatePartner GmbH, Germany and any claims or disputes in relation to the calculations must be directed at ClimatePartner GmbH exclusively. Pack Tech A/S is not liable for any use of the data or calculations for marketing, compliance, reporting or comparison purposes.

Notwithstanding any other provisions in the Terms and Conditions, Pack Tech A/S’s maximum liability under the agreement with the Buyer shall in no event exceed the purchase price of the goods.

The Buyer must indemnify PackTech A/S, including for any legal costs, to the extent that any liability is imposed on Pack Tech A/S in relation to a third party for any damage or loss for which Pack Tech A/S is not, according to the provisions above, liable in relation to the Buyer.

The limitations of liability in the Terms and Conditions do not apply where a party has been guilty of fraud or willful acts or omissions.

Disputes, Governing Law, Venue and Miscellaneous

Any dispute arising between the parties, including – but not limited to – any dispute as to the validity or interpretation of these Terms and Conditions and/or the Order and/or the agreement between the parties, is governed by Danish law, disregarding the choice of law rules and the UN Convention on the International Sale of Goods(CISG), and must be submitted before the Copenhagen City Court.

In connection with the cooperation and the purchase of goods and services, Pack Tech A/S will process your personal data. You can read more about our processing of personal data on our website. If a data processing agreement is required in connection with our cooperation, you will receive a separate data processing agreement for signature.

Any provision of these Terms andConditions which by their nature are intended to survive termination or expiry of an Order (including but not limited to intellectual property rights, confidentiality, liability and governing law) shall survive termination or expiry. Nothing in these Terms and Conditions shall constitute or create anyjoint venture or partnership between the parties. No waiver of any particular provision in these Terms and Conditions shall be considered a waiver of any repetition or a breach or another provision.

Pack Tech A/S

Tuborg Havnevej 15

2900 Hellerup

Denmark

www.packtech1946.com

CVR-nr.: 37144118

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