Confidentiality

This financial model and all information contained herein (the "Materials") are confidential and proprietary to Inducta Ltd, trading as Inducta Energy (together, "Inducta"). By accessing the Materials, you acknowledge that they are provided to you on a strictly confidential basis solely for your internal evaluation. You agree not to reproduce, distribute, transmit, disclose, or otherwise make available the Materials, in whole or in part, to any third party without the prior written consent of Inducta Ltd.

No Offer, No Solicitation

Nothing in the Materials constitutes an offer, invitation, recommendation or solicitation to buy, sell, subscribe for or otherwise deal in any securities, financial instruments, or interests in any project or entity, nor does it form the basis of, or be relied upon in connection with, any contract or commitment.

Indicative Figures & Assumptions

All figures, projections, returns, sensitivities and analyses are indicative only and based on assumptions, market conditions and information available as at the date of preparation. Actual results may differ materially. No representation or warranty, express or implied, is given as to the accuracy, completeness, achievability or reasonableness of any forecast, projection or forward-looking statement. Past performance is not indicative of future results.

No Investment, Tax or Legal Advice

The Materials do not constitute investment, financial, tax, accounting, legal or regulatory advice. Recipients should not rely on the Materials and should consult their own professional advisers before making any investment or business decision. Inducta is not acting as your financial adviser or fiduciary.

Recipient Warranty

By accessing the Materials, you warrant and represent that: (a) you are an authorised recipient acting in a professional capacity (including, where applicable, a "professional client" or "eligible counterparty" within the meaning of FCA rules, or an equivalent classification in your jurisdiction); (b) you possess sufficient knowledge and experience to evaluate the merits and risks of the matters described; (c) you are not relying on Inducta or its affiliates in making any decision; and (d) you will use the Materials solely for the purpose for which they were provided to you.

No Reliance & Limitation of Liability

Inducta, its affiliates and their respective directors, officers, employees and advisers expressly disclaim any and all liability arising from your use of, or reliance on, the Materials. Without limitation, no liability is accepted for any direct, indirect, consequential or other loss arising from any use of the Materials or any errors or omissions therein. Recipients are responsible for conducting their own independent due diligence and obtaining their own advice.

Intellectual Property

All copyright, design rights and other intellectual property rights in the Materials, including the methodology, calculation logic, layout and presentation, are owned by Inducta Ltd. No licence, by implication or otherwise, is granted in respect of such rights save for the limited right to view the Materials for evaluation as described above.

Governing Law & Jurisdiction

Your access to and use of the Materials, and any dispute or claim arising out of or in connection with them, shall be governed by and construed in accordance with the laws of England and Wales. The courts of England shall have exclusive jurisdiction to settle any such dispute or claim.

About Inducta Ltd

Inducta Ltd is a company registered in England and Wales, with registered office at 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ. Inducta Energy is the trading name under which Inducta Ltd carries on its battery energy storage activities. References to "Inducta" in these terms include Inducta Ltd and any successor in title. Any queries relating to this model may be directed to model@Inducta.energy.

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