RULES & REGULATION

Rules and Regulations for Climax Limited Climax Limited operates in strict compliance with Italian laws and international investment regulations. These rules and regulations are designed to ensure transparency, legal adherence, and client trust. Below is a framework of the company’s policies and guidelines aligned with Italy’s regulatory framework for businesses and investments. 1. General Corporate Governance Compliance with Italian Law: Climax Limited abides by all applicable laws, including the Italian Civil Code, financial market regulations, and corporate governance standards. Registration and Licensing: The company is duly registered in Italy and maintains up-to-date licenses for operations in investment, real estate, agriculture, digital assets, and oil & gas sectors. Tax Compliance: Climax Limited adheres to all tax laws and regulations, including annual reporting and payment of corporate taxes as per Italian tax codes. 2. Investment Operations Client Suitability: Investments are tailored to meet the financial goals, risk tolerance, and legal standing of each client, in accordance with the European MiFID II directive. Risk Disclosure: All clients are provided with detailed documentation outlining investment risks and potential returns. Anti-Money Laundering (AML): Strict adherence to Italian and EU anti-money laundering regulations, including Know Your Customer (KYC) procedures. Data Protection: Client information is handled in compliance with GDPR (General Data Protection Regulation). 3. Real Estate Investments Property Transactions: All property purchases, sales, and leases are conducted in compliance with Italian real estate laws. Environmental Regulations: All projects adhere to Italy’s environmental standards, including energy efficiency and sustainability requirements. Construction Standards: Climax Limited ensures compliance with local and national building codes for any property development activities. 4. Digital Assets Regulatory Compliance: All digital asset investments and transactions align with Italian laws governing cryptocurrency and blockchain technology. Licensing: Any digital asset-related activity requiring authorization is conducted under licenses granted by Italian financial authorities (e.g., CONSOB). Security Measures: The company implements advanced cybersecurity protocols to safeguard digital assets and transactions. 5. Agricultural Investments Sustainable Practices: Investments in agriculture prioritize eco-friendly and sustainable farming practices, adhering to Italy’s agricultural policies and EU directives. Subsidies and Grants: The company ensures that any subsidies or grants received are utilized as per the guidelines of Italian and EU agricultural policies. 6. Oil & Gas Operations Regulatory Adherence: All exploration, production, and trading activities comply with Italian energy laws and environmental standards. Sustainability: Climax Limited aligns its oil and gas operations with global sustainability goals to minimize environmental impact. Trade Compliance: International oil and gas trade adheres to customs and import/export laws. 7. Ethical Business Practices Conflict of Interest: Employees and executives are required to disclose and avoid conflicts of interest in all business dealings. Fair Competition: Climax Limited adheres to Italian antitrust laws to promote fair market competition. Corporate Social Responsibility: The company is committed to contributing positively to society through sustainable and ethical practices. 8. Employee Policies Labor Laws: Employment contracts and practices comply with Italian labor laws, including fair wages, benefits, and working conditions. Non-Discrimination: The company promotes equal opportunities and prohibits discrimination based on race, gender, religion, or other factors. Health and Safety: Climax Limited ensures a safe and healthy work environment, complying with Italian workplace safety regulations. 9. Client Relations Transparent Communication: All communication with clients is clear, accurate, and honest. Complaint Resolution: A dedicated grievance mechanism is in place to address and resolve client concerns in a timely manner. Confidentiality: Client data is treated with the utmost confidentiality, in compliance with GDPR. 10. Dispute Resolution Arbitration and Mediation: Disputes are resolved through arbitration or mediation as per Italian business law guidelines. Jurisdiction: All legal disputes are subject to the jurisdiction of Italian courts unless otherwise agreed upon in contracts. 11. Environmental Commitment Climax Limited is committed to minimizing its environmental footprint by adhering to Italy’s strict environmental laws and promoting sustainability across all operations. Note: These rules are subject to periodic review and updates to reflect changes in Italian laws, EU regulations, and global investment standards. Clients and employees are encouraged to familiarize themselves with these rules to ensure compliance and maintain the company’s integrity.