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All Terms & Agreements

Issuance Services Addendum

Effective date: 2026.05.01

This Issuance Services Addendum (Addendum) governs the services provided by Soldera to support the issuance of Certificates on the Company's behalf based on Production Data.

The obligations in this Addendum take effect when the Company first submits an Issuance Instruction. Soldera shall exercise the authorisations granted under this Addendum within the scope of the Company's Issuance Instructions.

  1. DEFINITIONS

    1.1 In this Addendum, the following capitalised terms have the meanings set out below:

    Issuance Instruction means a Platform Instruction submitted under this Addendum requesting the issuance of Certificates in a Registry based on Production Data.

    Production Data means data relating to the electricity generation output of a Device, including metering data, generation volumes, and any supporting information required by the applicable Registry for the issuance of Certificates.

    1.2 All other capitalised terms used in this Addendum have the meanings given in the General Terms.

  2. ISSUANCE SERVICES AND AUTHORISATION

    2.1 The Company authorises Soldera, for the duration of the Agreement, to request the issuance of Certificates on the Company's behalf from the applicable Registry, based on Production Data submitted or confirmed by the Company. The issuance service comprises:

    1. collection of the Company's Production Data from the Company, the Registry operator, or a third-party data source, as required by the operational requirements of the relevant jurisdiction;
    2. processing Production Data into the format required by the Registry and submitting it to the Registry; and
    3. monitoring the issuance process, accepting feedback from the Registry or relevant third parties, and coordinating with the Company where the Company's active involvement is required to resolve any issue.

    2.2 Soldera shall determine the frequency of issuance based on the operational requirements of the relevant jurisdiction, acting reasonably and with due regard to the Company's interests. The Parties may agree to a different issuance schedule via the Platform, to the extent such adjustment is supported by the Platform.

    2.3 Each Issuance Instruction is a Binding Instruction pursuant to clause 4.1 of the General Terms. Due to the nature of Registry systems, an Issuance Instruction may be irreversible once processed and may not be withdrawn or amended except as permitted by Registry Rules and if not yet executed.

    2.4 Soldera shall execute Issuance Instructions in a timely manner, subject to applicable Registry Rules, processing times imposed by the relevant Registry, and the operational limitations of the Platform. Soldera is not liable for delays or failures caused by the acts, omissions, or processing times of a Registry.

  3. COMPANY OBLIGATIONS AND FEES

    3.1 Response times. The Company shall respond to requests from Soldera for information, documentation, or cooperation in connection with the issuance services within 7 days of receipt, or within such a shorter period as Soldera reasonably specifies where the circumstances reasonably require a faster response.

    3.2 Accuracy of Issuance Instructions and Production Data. The Company is responsible for the accuracy and completeness of each Issuance Instruction and all Production Data submitted in connection with it.

    3.3 Review of Production Data. The Company shall confirm that Production Data is correct prior to each issuance. Where, due to the operational requirements of a Registry, an issuance request implies confirmation of Production Data already held by the Registry, the Company may authorise Soldera (via the Platform or otherwise in writing) to provide that confirmation on the Company's behalf. Where the Company gives such authorisation, the Company remains fully responsible for the accuracy of the underlying Production Data.

    3.4 Notification of changes. The Company shall notify Soldera without undue delay of any circumstance that could reasonably be expected to impair Soldera's ability to execute a pending or future Issuance Instruction, including any change in a Device's registration status, metering configuration, or eligibility for Certificate issuance.

    3.5 Representations and warranties. Each time the Company submits an Issuance Instruction, the Company represents and warrants that:

    1. the Production Data is accurate, complete, and not misleading in any material respect;
    2. the relevant Device metering and data capture systems have integrity and have not been tampered with or manipulated in a manner that could reasonably be expected to affect the accuracy of the Production Data;
    3. it has the legitimate right under Applicable Law to claim issuance of the Certificates requested, including that it has not otherwise assigned or claimed the same attributes in a manner that would make the issuance request inaccurate or duplicative;
    4. the Device is duly registered with the applicable Registry and meets the eligibility requirements for Certificate issuance; and
    5. it has complied with all generation requirements and regulatory obligations necessary for the issuance of Certificates.

    3.6 Material breach. A breach by the Company of the representation in clause 3.5(e) constitutes a material breach of the Agreement for the purposes of clause 11.2(a) of the General Terms.

    3.7 Fees. Soldera shall charge Fees for issuance services as set out in the Fee Schedule and in accordance with clause 6 of the General Terms.

  4. LIABILITY

    4.1 Soldera shall be liable for direct patrimonial damage incurred by the Company resulting from Soldera's negligence in performing the services under this Addendum, including a failure by Soldera to execute an Issuance Instruction where it was reasonably able to do so. This standard applies in place of the gross negligence threshold in clause 9.1 of the General Terms.

    4.2 Soldera is not liable to the extent that a failure or delay in issuance is caused by:

    1. the Company's failure to provide necessary, accurate, or timely Production Data, documentation, or cooperation;
    2. the inability to obtain Production Data from a third-party source;
    3. inaccuracies in Production Data, including where Soldera confirms data on the Company's behalf under clause 3.3; or
    4. the acts, omissions, or delays of a Registry, registry operator, or other third party.

    4.3 The aggregate liability of Soldera under this Addendum shall not exceed the greater of: (a) the Fees (excluding Registry Fees) paid or payable by the Company for issuance services under this Addendum during the 6-month period immediately preceding the event giving rise to the claim; and (b) EUR 2,500. This cap applies in place of the general cap in clause 9.1 of the General Terms. All other provisions of clause 9 of the General Terms apply to this Addendum.