Conditions of Sale

• Participating in a JOOPITER Auction or Private Sale. By registering with Joopiter Inc. (“Joopiter”) for an auction, you accept and agree to be bound by these Conditions of auction, which constitute your entire agreement with Joopiter. These Conditions govern the rights and obligations of all potential buyers who register for the auction (“Registered Buyers”). Upon you (as Registered Buyers) placing any winning bid, these Conditions shall be incorporated as part of the contract between you and the Seller and you and Joopiter and shall continue be bound by these Conditions.

•Joopiter’s Role. Most of the time, the Seller is the owner of the lot. Joopiter includes a TRIANGLE symbol ∆ in the lot description indicating that Joopiter or one of its principals is the owner of the lot or has an ownership interest in the lot. Save for the above, Joopiter’s role is an auctioneer in an auction or sales agent in a private sale. Joopiter does not act for or give advice to you or any Registered Buyers and undertakes no obligation to examine, investigate and/or carry out any tests against the lot, unless otherwise agreed by you and Joopiter in writing.

• Offering Prices. For private sale lots, an Offering Price that has been determined in consultation with the Seller will be provided “on request” upon inquiry from a Registered Buyer. An Offering Price is an opinion of the price at which an object should sell at a Private Sale.

•Viewing. Although it is not always possible to arrange, please contact Joopiter if you wish to view any lot in person. Descriptions of lots and images are not warranties. Lots are sold “as is”.

• Condition, etc.: “As Is.” Joopiter guarantees (a) the authenticity of the lot to the extent described in the Authenticity Guarantee (see § 12 below), and (b) that you will receive good title to the lot to the extent required by law. OTHERWISE, YOU AGREE THAT EACH LOT IS SOLD “AS IS” AND IN THE CONDITION THAT IT IS IN AT THE TIME OF THE AUCTION. NEITHER JOOPITER NOR THE SELLER MAKES ANY REPRESENTATIONS OR WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, CORRECTNESS OF THE CATALOGUE OR OTHER IMAGES, OR DESCRIPTIONS OF THE PHYSICAL CONDITION, SIZE, QUALITY, RARITY, COLOR, IMPORTANCE, MEDIUM, FRAME, PROVENANCE, EXHIBITIONS, LITERATURE, OR HISTORICAL RELEVANCE OF ANY LOT. No statement anywhere, whether oral or written, whether made in the catalogue, an advertisement, a bill of sale, online, or elsewhere, can be relied on by you or others to be a warranty, representation, or shall give rise to the liability of Joopiter or the Seller. Images, descriptions, and condition reports are not meant to be complete or a substitute for assessing the condition of the lot yourself or through an agent you may engage; they are for guidance only. Nothing in any written or oral descriptions of a lot constitutes a representation of fact; they represent the opinions held by Joopiter based on the information it has. Joopiter and the Seller will not be liable for any breach of any undertaking, whether implied by the Sale of Goods Ordinance (Cap.26, Laws of Hong Kong) or otherwise, as to the satisfactory quality of the lot or its fitness for any purpose in the event of an Auction to the extent permitted by law.

• Minimum Price Required by Seller. Unless Joopiter specifically states otherwise in writing, no lot will be sold for less than a confidential price determined in the Seller’s sole discretion. Until you (as a potential purchaser) and Joopiter reach an Agreed Purchase Price (defined below), any lot may be sold to another Registered Buyer or withdrawn without prior notice to you.

• Agreed Purchase Price. A lot will only be sold to you when you place a winning bid. A winning bid constitutes (a) a specific, final price for the lot (excluding taxes, shipping, and other charges) (the “Agreed Purchase Price”) and (b) payment terms. You agree that your accepted bid is an obligation to pay the Agreed Purchase Price, is final, and cannot be revoked by you.

• Contracts between you and the Seller and you and Joopiter – Once your bid is confirmed as a winning bid, the lot is closed and a contract of sale between you, Joopiter and the Seller is entered into on the terms set out in this Conditions of Sale.

•Buyer’s Premium. A Buyer's Premium of 25% will be charged in addition to the final auction hammer price.

• Registering to Make Offers and Purchase. When accessing a Joopiter platform, you must either log in to your Joopiter account or create an account if you do not already have one. You may then bid on auctions and make offers to purchase private sale lots subject to these Conditions of Sale. Joopiter reserves the right, in its sole discretion, to refuse your participation before, during, or after the sale.

• Withdrawal; Cancellation. Joopiter reserves the right to cancel a Private Sale and to withdraw any lot before, during, or after the sale; we shall have no liability whatsoever for such cancellation or withdrawal to the extent permitted by law.

• Registered Buyers. By participating in a JOOPITER auction or private sale, you represent, warrant, and agree that: a. Neither you individually nor—if “you” are a company or other entity—any person who owns, partly owns, or controls the company or entity, are subject to trade sanctions, embargoes, or any other restriction on trade in the jurisdiction in which you or it does business, as well as under the laws of the European Union, the laws of England and Wales, the laws of Hong Kong or the laws and regulations of the United States (collectively, “Sanctioned Person(s)”); b. Where acting as agent (with Joopiter’s prior written consent), your principal is not a Sanctioned Person(s), nor owned (in whole or in part) by a Sanctioned Person(s), nor controlled by a Sanctioned Person(s); c. None of the Agreed Purchase Price will be funded by any Sanctioned Person(s), nor will any party involved in the transaction, including, but not limited to, financial institutions, freight forwarders or other forwarding agents, or any other party, be a Sanctioned Person(s), nor owned (in whole or in part) by a Sanctioned Person(s), nor controlled by a Sanctioned Person(s), unless such activity is authorized in writing by the government authority having jurisdiction over the transaction or in applicable law or regulation; and d. You are financially sound and know when and how you will pay for the lot if your offer to purchase the lot at an Agreed Purchase Price is accepted by Joopiter. It is Joopiter’s policy to request a government issued identification containing a photograph, such as a passport, identity card, or driver’s license in order for you to register to be accepted by Joopiter as a Registered Buyer. Joopiter will use this information to verify your identification and screen for regulatory and financial risk. Additionally, Joopiter will conduct a World-Check check for screening and due diligence purposes. Please review Joopiter’s Privacy policy located at https://www.joopiter.com/concierge?slug=privacy-policy and the World-Check Privacy Statement located at https://www.refinitiv.com/en/products/world-check-kyc-screening/privacy-statement regarding the processing of your information and your rights.

• Authenticity Guarantee. Joopiter guarantees that the description of a lot that appears in italic letters with the first letter of each word capitalized (for example, White Gold Diamond Drop Earrings) is accurate. This guarantee is provided to the original purchaser for a period of four (4) years from the date of the Auction or Private Sale, is solely for the benefit of the original purchaser of record at the Auction or Private Sale, and may not be transferred to any third party. To make a claim under the Authenticity Guarantee, a Registered Buyer who has continuously owned the lot (i.e., the original purchaser, not a subsequent transferee) must: a. Within 90 days of becoming aware of any information that casts any doubt on the accuracy of the description of a lot that appears in italic letters with the first letter of each word capitalized, provide us with the details of such information and all related documentation; b. Return the lot to us in the same condition as at the closing date of the sale and be able to transfer good title to the lot, free of any third-party claims arising after the date of such sale; and c. Provide Joopiter with reports regarding the accuracy of the description of a lot that appears in italic letters with the first letter of each word capitalized from at least two (2) independent, qualified, and recognized experts, who are reasonably acceptable to Joopiter in its discretion. Joopiter has the sole discretion to waive any of the above requirements but must do so in writing. You agree and understand that the rescission of a sale and the refund of the original purchase price paid pursuant to this Authenticity Guarantee (and or for any other claims you may have) is your sole remedy and in lieu of any other remedy which might otherwise be available to you, including as against the Seller. Neither Joopiter nor Seller shall be liable for any special, punitive, incidental, consequential, or other damages incurred or claimed including, but not limited to, lost profits, or interest.

Other Information that Registered Buyers May Find Useful Please note that all weights and sizes are approximate, whether or not they are qualified as such. Photographs are often not actual size and should not be taken as indicative of a jewelry piece or gemston's actual size. When Joopiter has gemological reports, Joopiter may make them available but cannot guarantee their accuracy as some laboratories assess gemstones differently and report different results based on testing methods. It is not uncommon for colored gemstones to have been treated (e.g., with heat or oil) to enhance their appearance but it is not possible for Joopiter to determine whether any of the lots including gemstones have been treated. Joopiter is aware of the connection between "conflict diamonds" and the link between diamonds sourced in certain regions and violent conflict. Joopiter will not knowingly sell any diamonds that it knows to have been sourced from regions identified by the United Nations as sources of conflict diamonds.

Clocks and watches may be repaired and may include parts which are not original. We do not give a warranty that any individual component part (including watchband) of any watch or clock is authentic. Clocks and watches may be sold with missing parts as indicated in the description. As collectors’ watches and clocks often have very fine and complex mechanisms, service and/or repair may be required, for which you are solely responsible. Joopiter does not warrant that any watch or clock is in good working order. Certificates are not available unless described in the catalogue. Watches with water resistant cases may not be waterproof as the cases may be opened for services and repair and Joopiter recommend you have the watch(es) checked by a competent watchmaker before use.

• Record of Sale. The record of sale kept by Joopiter is absolute and final in all disputes. In the event of a discrepancy between any online records or messages provided to you and the record of sale kept by Joopiter, the record of sale will govern.

• Obligations of Registered Buyers in the Event an Agreed Purchase Price is Reached. Subject only to these Conditions of Sale, Joopiter’s agreement in writing to an Agreed Purchase Price and payment terms establishes a binding contract with the Registered Buyer. Joopiter will email an invoice in the name of, and with the address registered for the Registered Buyer, which cannot be transferred to other accounts, names, or addresses without Joopiter’s explicit agreement in writing.

a. Payment. Unless otherwise agreed by Joopiter in writing, the Registered Buyer must pay the full Agreed Purchase Price invoiced (including applicable tax, and other amounts due)in the manner specified inthe checkout process on the Joopiter platform, so that it is received by Joopiter within five (5) business days of the date of the invoice. Unless otherwise agreed in writing, all payments will be made by wire transfer.

b. Tax. The purchaser will be required to pay the applicable state and local sales tax, export duties and/or duties on the Agreed Purchase Price, regardless of the state or country in which the purchaser resides or does business. If the lot is delivered to a state where Joopiter is not required to collect sales tax, it is the responsibility of the Registered Buyer to self-assess any sales or use tax and remit it to the taxing authorities in that state.

c. Title. Title to, and right to possess, a lot will not pass until Joopiter has received the full Agreed Purchase Price in good, cleared funds and received Seller’s confirmation of receipt of the applicable sale proceeds. Joopiter is not obligated to release a lot to the Registered Buyer unless she, he, or they have paid the full Agreed Purchase Price (inclusive of taxes, duties and any other costs identified by Joopiter) and the Seller has confirmed receipt of the applicable sale proceeds.

d. Collection of Property. Unless otherwise agreed to in writing with Joopiter, Registered Buyers must arrange for the lot to be delivered to them, at their expense, within 30 days of the Private Sale and/or Auction. Joopiter and the Seller’s liability for loss or damage to the lot shall cease upon the earlier of (i) 30 calendar days after the Private Sale or (ii) the release of the lot to you or a designated agent nominated by you and agreed to, and verified by, Joopiter in its sole discretion. Joopiter shall have the discretion to charge storage fee at Joopiter’s daily rate as specified from time to time on the platform if you fail to collect the lot pursuant this sub-clause. In such event, you shall only be entitled to collect the lot upon settlement of the storage fees and the Agreed Purchase Price in cleared funds. Notwithstanding Joopiter’s entitlement of storage fees, the risk of the lot has passed to you on the 30 calendar days after the Private Sale as stated above.

e. Exports and Permits. It is the Registered Buyer’s sole responsibility to identify and obtain any necessary export, import, firearm licence, endangered species licence or other permit for the lot. Any information in the lot description reflect Joopiter’s reasonable opinion at the time of publication and are for Registered Buyers’ general guidance only. Joopiter and the Seller make no representations or warranties as to whether any lot is or is not subject to export or import restrictions or any embargoes.

Joopiter’s Obligations. a. Data Protection. Joopiter will hold and process your personal information and may share it with its third-party service providers for use as described in, and in line with, Joopiter’s Privacy Policy, published on its website at https://www.joopiter.com/concierge?slug=privacy-policy or available on request by email to concierge@joopiter.com. Additionally, as the Private Sales will be conducted via Basta Ventures ehf. (“Basta”), your information will be processed by Basta in accordance with its Privacy Policy located at https://www.basta.ai. Under European data protection laws and or the Personal Data (Privacy) Ordinance (Cap.486, laws of Hong Kong), you may object, by request and free of charge, to the processing of your information for certain purposes, including direct marketing, you may access and rectify personal data relating to you, and may obtain more information about Joopiter’s data protection policies by writing to Joopiter at concierge@joopiter.com.

b. EU CONSUMER RIGHTS DIRECTIVE. If you are a consumer habitually residing in the European Union and the Seller of the lot you have bought is not a consumer, you have the right under the EU Consumer Rights Directive to cancel your online purchase within 14 days of the date you collect the lot or it is delivered to you. If you qualify for the cancellation right and wish to exercise it, you must notify us in writing within 14 days of the date you collect the lot, or it is delivered to you (“Cancellation Period”). You are considered to have collected a lot if you collect, or someone you authorize, collects the lot on your behalf. Within 14 days of sending us the cancellation notice, you must return the property to us at your own cost in the same condition as when it was collected by or delivered to you. If a lot was delivered to you, you should use the same shipping method that was used to deliver the lot to you to return the lot. You must pay all return shipping costs, including any applicable import and customs fees, charges and taxes, and answer for any loss or damage to the lot incurred after it was released to you. Upon receiving the lot, and provided it is in the same condition as when the lot was collected by or delivered to you, we will reimburse the Purchase Price you paid (less any deductions for loss in value of the Property due to your actions or those of one or more of your agents) by the same means that you used to pay the invoice.

c • Joopiter’s Rights. a. Concerns about Funds. Joopiter has the right to refuse to accept payment if, in its sole discretion, it has concerns about the accuracy or legitimacy of any of the representations and warranties above, payment comes from a source other than the Registered Buyer identified by Joopiter as the purchaser of record, or if it believes that accepting the payment would be unlawful or may subject Joopiter to any liability.

b. Unmet Payment Obligations. Without prejudice to any rights the Seller may have, if you fail to pay the full Agreed Purchase Price (including applicable tax and other amounts due) for a lot in good, cleared funds within five (5) days of the close of the Private Sale, we may in our sole discretion exercise one or more of the following remedies: i. Cancel the sale of the lot, retaining any partial payment as liquidated damages; ii. Charge interest at 12% per annum from the date payment became due until the date the full Agreed Purchase Price, plus applicable tax and other amounts due, is received in cleared funds; iii. Resell the lot in any commercially reasonable manner, it being understood that in the event such resale is for less than the Agreed Purchase Price and other amounts due for the sale that lot, the initial Registered Buyer will remain liable for the shortfall together with all costs incurred in connection with such resale; iv. Commence legal proceedings to recover the Agreed Purchase Price and other amounts due (including but not limited to any expenses incurred for the enforcement of these Conditions against you, storage fees as stipulated in these Conditions etc.) for that lot, together with interest, legal fees on a full indemnity basis, and the costs of such proceedings; v. Set off the outstanding amount remaining unpaid by the Registered Buyer against any amounts which we may owe the applicable tax and other amounts due in any other transactions; and/or vi. Release information about the applicable tax and other amounts due sufficient to enable the Seller to recover the amounts due from the auction, plus costs and reasonable attorneys’ fees, in legal proceedings or otherwise. vii. [exercise a lien over any of the your property which is in Joopiter’s possession on giving notice to you and within 14 days of such notice, arrange the sale of such property and apply the proceeds to the amount owed to the Seller]

• Resolving Disputes. We hope never to have any disputes with you but, if we do, we will first try to resolve it amicably if we (in our sole discretion) believe that we reasonably can. If we do not resolve the dispute, this section contains the important terms to which you and other Registered Buyers agree by participating in auction.

a. Governing Law and Jurisdiction. These Conditions of Sale, as well as the Registered Buyer’s, and our respective rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of Hong Kong. You agree to submit to the exclusive jurisdiction of courts located in Hong Kong.

b. Limitation of Liability. Under no circumstances shall the aggregate liability of Joopiter and the Seller to a purchaser exceed the amount of the Agreed Purchase Price actually paid. Joopiter will not be liable for any errors or failures to accept and close on a Registered Buyer’s offer to purchase a lot, including due any errors or failures caused by (i) a loss of connection to the internet or the Joopiter’s online platform by either Joopiter or a Registered Buyer; (ii) a breakdown or problem with Joopiter’s online platform software; (iii) a breakdown or problem with a Registered Buyer’s Internet connection, mobile network, or computer; (iv) miscommunications; or (v) Seller’s withdrawal of a lot.

Joopiter and the Seller will not be liable for any injury, loss or damage caused by the lot after the sale of the lot is closed.

c. Expenses and Costs - we shall be entitled to claim against you any expenses and costs in respect of any disputes arising from your non-payment of the lot or other breach of these Conditions on a full indemnity basis.

• Third Parties Rights – no person other than Joopiter, the Seller and you shall have any right to enforce any of its terms, whether under the Contracts (Rights of Third Parties) Ordinance (Cap. 623, Laws of Hong Kong) or otherwise. Miscellenous • No Assignment - You may not assign the benefit or burden of these Conditions to any other parties without the written consent of Joopiter.

• Force Majeure - If Joopiter or the Seller is prevented from performing their respective obligations under these Conditions beyond its reasonable control (including but not limited to warfare,terrorism, insurrection, governmental action, power failure, epidemic, earthquakes floods, typhoons, hurricanes and/or other natural disasters) or if the costs of the performance of its obligations would by reason of such circumstances be significantly increased, then the party will not, for so long as such circumstances prevail, be required to perform such obligations.

• Severability – if any term of these Conditions is held to be invalid or unenforceable, such invalidity or unenforceability shall not affect any other terms or the reminder of such relevant terms in these Conditions.

• Variation – These Conditions shall not be amended or varied unless agreed by Joopiter and you in writing.

• Notices - Any notice given to a Party under or in connection with the sale of the lots shall be in writing in the English language and shall be: • by registered mail service or by courier by an international recognised service provider to the address you provided when you registered with Joopiter, and or the address you provided at the sale of the lot or such other address as is notified by a Party, with a copy sent by email to the addresses set out below; or • sent by email to the email address you provided when you registered with us or the email address you provided by you at the sale of the lot ; and (ii) [ ]in respect of any notice to Joopiter • Any notice shall be deemed to have been received: • if by courier, at the time of delivery; • if sent by registered mail service, seven days after the date of posting; and • if sent by email, at 9.00 am on the next business day after transmission.

• Conditions are Frequently Updated. Joopiter periodically, including during a sale, updates and makes changes to these Conditions of Sale. While we do not send out notices to you when we do so, you can check the latest Conditions of Private Sale by going to the Terms of Sale page at https://www.joopiter.com/concierge?slug=terms-of-sale. We include a note that the Conditions are “Current as of March 20, 2023” on the web change. When you buy from us, you will be agreeing to the latest Conditions of Business so you should review them before making an offer to purchase a lot.