Terms of Use

These Terms of Use (the “Terms”) govern access to and use of the website available at https://projectcee.com, including all subpages, the Insights section and the enquiry forms published on it (together, the “Website”).

The Website is operated by BYRSKI HOLDING SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, a Polish limited liability company with its registered office at ul. Elektoralna 13/121, 00-137 Warszawa, Poland, registered under KRS 0001156273, NIP 5253035669, REGON 540929278 (the “Operator”).

Project CEE is a business brand and platform operated by BYRSKI HOLDING sp. z o.o. Project CEE is not itself a separate legal entity. References in these Terms to “Project CEE”, “we” or “us” mean the Operator acting under that brand.

By using the Website you accept these Terms. If you do not accept them, please do not use the Website.

The Website presents the activity carried out under the Project CEE brand and publishes information and analysis concerning, among other areas:

• private M&A transactions in Poland and Central & Eastern Europe
• acquisition opportunities and acquisition target search
• sales of privately held businesses and succession situations
• transaction support and deal origination
• market entry into the region
• general investment-related and transaction-related business topics

The Website is primarily informational and business-development oriented. It is addressed to investors, business owners, professional advisers and other business contacts, and it is intended to allow interested parties to understand our focus and to initiate contact.

The Website is not a transaction platform, a listing service, a marketplace or a system for placing orders, and it does not provide any automated decision-making or trading functionality.

Content published on the Website is provided for information purposes and does not in itself constitute:

• an offer within the meaning of the Polish Civil Code, or an invitation to submit such an offer in respect of a specific transaction
• an agreement of any kind, or confirmation that an agreement has been concluded
• a commitment to provide advisory or any other services to any person
• a commitment to acquire, sell or introduce any business, asset, shareholding or security
• a binding investment proposal or a term sheet

Any advisory engagement, transaction mandate, introduction arrangement or other cooperation arises only from a separate written agreement concluded between the relevant parties and setting out its scope, terms and remuneration.

Submitting an enquiry through the Website, or exchanging initial correspondence with us, does not create such an engagement and does not oblige either side to proceed further.

The general content of the Website, including articles, guides and analysis published in the Insights section, is prepared for a broad professional audience. It does not take into account the individual circumstances, objectives, financial position or risk profile of any particular reader, and it therefore does not in itself constitute personalised:

• investment advice or a recommendation concerning a specific investment
• legal advice
• tax advice
• accounting advice
• financial or valuation advice

This provision concerns the general content of the Website only. It does not limit or describe the professional services that may be provided under a separate engagement. Where we act under such an engagement, the scope, character and standard of the work are governed by that agreement and not by this section.

Before making decisions with legal, tax or financial consequences, readers should obtain advice appropriate to their own situation, including from qualified legal, tax and accounting advisers where the matter requires it.

Private M&A processes depend on the decisions of independent parties, on market conditions and on external approvals. Accordingly, use of the Website, submission of an enquiry or discussions with us do not guarantee:

• that a suitable acquisition target, investor or counterparty will be identified
• that an owner or counterparty will be willing to engage in discussions
• that a transaction will be agreed or completed
• that financing will be available or obtained
• that regulatory, antitrust or other official approvals will be granted
• any particular valuation, price or transaction structure
• any particular investment performance or commercial result

Where an engagement is agreed, we apply professional care to the work undertaken. That commitment concerns the conduct of the work and does not amount to a guarantee of any specific outcome.

We take reasonable care to publish information that is useful, accurate at the time of publication and consistent with our understanding of the market. At the same time, readers should be aware that:

• market conditions, pricing levels and transaction practice change over time
• laws, regulations and administrative practice change, including with retroactive effect in some areas
• information published on the Website may become outdated after publication
• content is necessarily general and cannot reflect every relevant circumstance

Website content should therefore not be treated as a complete or current basis for a specific transaction decision. Where a decision depends on the accuracy of particular data, that data should be verified against primary sources and, where appropriate, with professional advisers.

Articles, guides and analysis published in the Insights section are general informational and editorial materials. They may discuss, among other subjects, transaction processes, market structures, acquisition search, business sales, succession and generational change, strategic investors, private equity, buy-and-build strategies and cross-border execution in Central and Eastern Europe.

Such materials describe practice and typical patterns. They do not constitute a recommendation concerning any particular company, shareholding, security or transaction, and they should not be read as an assessment of any identified party. Views expressed reflect our understanding at the time of writing and may develop.

Where an article refers to legal, tax or regulatory requirements, the description is a summary intended to orient the reader and is not a substitute for advice on a specific matter.

The Website allows users to submit enquiries, including acquisition criteria, confidential enquiries from business owners, market entry enquiries and general contact messages.

Business enquiries are handled with the discretion appropriate to private transaction work. Enquiries are reviewed internally, are not published, and are not shared with third parties for the purpose of marketing.

Submitting a form does not, however, create absolute or formally enforceable confidentiality obligations by itself. Where a matter requires a defined confidentiality regime — for example before company-identifying information, client data, financial detail or transaction documentation is exchanged — that regime should be established through a non-disclosure agreement or an engagement agreement setting out its scope and duration.

For that reason, users are asked not to include sensitive commercial detail in an initial enquiry beyond what is necessary to establish whether a conversation makes sense. The processing of personal data submitted through the forms is described in the Privacy Policy.

When submitting information through the Website, users should provide only information they are entitled to disclose and which is accurate to the best of their knowledge.

Users must not submit:

• unlawful material, or material whose transmission would breach applicable law
• knowingly false, misleading or fabricated information
• information or files that infringe the intellectual property or other rights of third parties
• confidential information which the user is not authorised to disclose, including information covered by a confidentiality obligation owed to another party
• malicious code, or files intended to disrupt the operation of the Website or of any connected system

We may decline to review or may delete submissions that appear to breach this section, and we may discontinue correspondence where information provided proves to be materially inaccurate.

Unless indicated otherwise, the content of the Website — including its text, editorial materials, analysis, structure, layout, graphic elements and the Project CEE branding — is protected by copyright and other applicable intellectual property rights held by the Operator or used with the relevant permission.

Users may read, print and store Website content for their own personal or internal business reference, may quote short extracts with attribution to Project CEE and a link to the source page, and may link to pages of the Website in the ordinary way.

Substantial reproduction, republication, systematic extraction, translation, distribution or commercial exploitation of Website content without prior written permission is not permitted. Automated scraping that places an unreasonable load on the Website is likewise not permitted.

Third-party names, trade marks and materials that may appear on the Website remain the property of their respective owners, and nothing on the Website should be read as a claim to those rights or as an endorsement by their owners.

The Website may contain links to external websites, registers, publications and other third-party resources, provided for convenience and reference.

Those resources are maintained by parties independent of us. We do not control their content, availability or data practices, and a link does not imply endorsement of the linked party or of the views expressed on the linked page. Users following an external link should review the terms and privacy information of the site they are visiting.

We aim to keep the Website available and functioning correctly, but continuous, uninterrupted availability cannot be guaranteed. Access may be limited or suspended as a result of maintenance, technical faults, changes to hosting or third-party infrastructure, or circumstances beyond our reasonable control. We may also modify, restructure or withdraw parts of the Website.

Users must not:

• interfere with the operation, integrity or performance of the Website
• circumvent or attempt to circumvent security or access controls
• introduce malicious code or attempt to compromise connected systems
• access non-public areas, data or accounts without authorisation
• use the Website in a manner that breaches applicable law or the rights of others

Where a security issue in the Website is identified, we would be grateful to be informed at contact@projectcee.com so that it can be assessed and addressed.

The Website is made available for professional, business use. Within the limits permitted by applicable law, we are not liable for loss arising from reliance on the general content of the Website in circumstances where the reliance was not reasonable — in particular where content that is expressly general has been treated as advice for a specific transaction, or where readily verifiable information was not verified.

Within those same limits, we are not liable for the content, availability or practices of third-party websites linked from the Website, nor for interruptions in access to the Website caused by circumstances beyond our reasonable control.

Nothing in these Terms excludes or limits liability where such exclusion or limitation would be contrary to law. This includes, in particular, liability for damage caused intentionally, liability for personal injury, liability that cannot be excluded in relations with consumers, and any other liability which under mandatory provisions of applicable law cannot be excluded or limited.

Liability arising under a separate engagement agreement is governed by that agreement and by the law applicable to it, and is not affected by this section.

The processing of personal data in connection with the Website, the enquiry forms and our transaction origination activity is described in the Privacy Policy. The use of cookies and similar technologies is described in the Cookie Policy. Both documents form part of the information framework for the Website and are linked at the end of this page and in the site footer.

Where these Terms and the Privacy Policy both address the handling of information, the Privacy Policy governs matters of personal data protection.

These Terms may be updated from time to time, for example to reflect changes in the content or functionality of the Website, in our activity, or in applicable law. The version published on the Website applies from the update date stated at the top of this page.

Continued use of the Website after an updated version has been published means that the updated Terms apply to that use. The Terms in force at the time of an earlier interaction are not applied retroactively to that interaction.

These Terms and the use of the Website are governed by Polish law.

This choice of law does not deprive any user who is a consumer, or who otherwise benefits from mandatory protective provisions, of the protection afforded by provisions that cannot be derogated from by agreement under the law of their country of habitual residence.

Disputes arising in connection with the Website are to be resolved by the courts having jurisdiction under applicable law, including under mandatory rules on jurisdiction. We would in any event seek to resolve any issue directly before any formal proceedings, and enquiries may be sent to contact@projectcee.com.

General and legal enquiries concerning the Website may be sent to contact@projectcee.com.

Operator: BYRSKI HOLDING SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, ul. Elektoralna 13/121, 00-137 Warszawa, Poland. KRS 0001156273, NIP 5253035669, REGON 540929278.