E-COMMERCE Provisions for online purchases

1. Scope of Agreement

1.1 These terms apply to the online purchase of our products via our e-commerce platform https://www.assab-china.com (“Platform”). By clicking on the icon on the ordering page, you have fully understood and agreed to comply with these provisions for online purchases (“E-Commerce Provisions“). For the sake of clarity, “you” refers to customers or any employee, representative or other personnel of customers that purchase products from the Platform.

1.2 These E-Commerce Provisions apply to you when you order our products through the Platform within the Mainland of the People’s Republic of China (excluding Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan, hereinafter referred to as “China”). They constitute a legally binding agreement between you and ASSAB Tooling Technology (Shanghai) Co., Ltd. (hereinafter referred to as “we“, “us“ or “our“) or our affiliated companies regarding the products purchased by you on the Platform. Specifically, according to our rules of orders assignment, you may be transacting with the following entity / entities.

(a) Dongguan:

ASSAB Tooling (Dong Guan) Co., Ltd. (tax number 91441900724774482G), address: 3, Gongye North 1 Road, Dongguan Songshan Lake, High-tech Industrial Development Zone, Dongguan 523808, China.

ASSAB Tooling (Dong Guan) Co., Ltd., Changsha Branch (tax number 9143010005584215X0), address: Room 108, Block No. 3, Changsha Health Industrial Park, 1048 Zhongqing Road, Kaifu District, Changsha, Hunan, China.

ASSAB Tooling (Xiamen) Co., Ltd. (tax number 913502006120295760), address: Unit 707, Building 2, Xiamen Cross-border E-commerce Industrial Park, No.29 Changhong Road, Xiamen Area of China (Fujian) Pilot Free Trade Zone, China.

(b) Beijing:

ASSAB Tooling (Beijing) Co. Ltd. (tax number 91110302600052808A), address: 10A Rong Jing Dong Jie, Beijing Business Development Area, Beijing 100176, China.

ASSAB Tooling (Beijing) Co. Ltd., Dalian Branch (tax number 912102137364167461), address: No. 102, Shuang D Gang 2nd Street, Dalian Economic and Technical Development Zone, Dalian 116600, China.

ASSAB Tooling Technology (Shanghai) Co., Ltd. (tax number 913100006073350931), address: No 398 Shen Nan Road, Xinzhuang Industrial Zone, Shanghai 201108, China.

ASSAB Tooling Technology (Ningbo) Co. Ltd. (tax number 9133020675036994X7), address: No. 218 Longjiaoshan Road, Vehicle Part Industrial Park, Ningbo Economic & Technology Development Zone, Ningbo 315806, China.

ASSAB Tooling Technology (Shanghai) Co. Ltd., Wuhan Branch (tax number 91420114070516555L), address: Plant No. 17 Xing Guang Village Industrial Zone, Zha Shan Street Cai Dian District, Wuhan 430108, China.

ASSAB Tooling Technology (Chongqing) Co. Ltd. (tax number 915000007815613792) , address: Plant C, Automotive Industrial Park, Northern New District, Chongqing 401120, China.

1.3 You can contact us by email at webshop@assab.com.cn, unless you are giving us a formal notice, in which case it should be sent to the respective address(es) stated above.

1.4 Any order placed via the Platform is subject to our General Terms of Sale (“General Terms of Sale”) as well as the E-Commerce Provisions. The E-Commerce Provisions shall be deemed as supplemental to and have same effect as the General Terms of Sale. In the event of any inconsistency between the E-Commerce Provisions and our General Terms of Sale, the E-Commerce Provisions shall take precedence.

1.5 We reserve the right to modify the E-Commerce Provisions at any time. The currently applicable version of the General Terms of Sale, as well as of the E-Commerce Provisions, shall be released with a version notice on the Platform and the version that will apply to each contract concluded in accordance with the terms of Section 3 below will be the version available on the Platform on the date the relevant contract is concluded. It is your responsibility to check these terms before placing an order. We also recommend that you keep a copy of the relevant versions applicable to any contracts which you enter into through the use of the Platform.

1.6 Before ordering any goods and/or services on the Platform, please carefully read and fully understand all provisions of the E-Commerce Provisions, particularly those that exempt or limit our liability, restrict your rights, or stipulate applicable laws and dispute resolution. We have highlighted certain provisions that may limit or exempt our liability or otherwise significantly impact your rights by using bold and underlined text. Please pay particular attention to these sections.

2. Registration

2.1 We offer access to the Platform for selected and registered customers only. The Platform is provided on a “as is” basis and free of charge, unless we decide to restrict access or close down the Platform (in the case of closing down, notice will be released at least thirty (30) days in advance on the website). We reserve the right to, also without notice, discontinue, change or expand at any time, temporarily or even permanently, any part or all of the services and products offered via the Platform.

2.2 If you intend to place an order via the Platform, you must first apply for a registered account by filling out this form. You should also confirm the accuracy of the details provided. Your account information shall not contain illegal or harmful information and shall not violate national laws and regulations and our rules, shall not infringe the legitimate rights and interests of other citizens, and shall not be detrimental to social norms, etc. You are not allowed to use another person’s identity to register for an account with us (including but not limited to misusing another person’s name, email address, company name, company address and phone number etc. in a manner that is likely to cause confusion.

2.3 You may request for a registered account via the registration form, and choose a username as well as an access password. We need to review your information in order to create an account for you. If the account information does not comply with the laws and regulations, or the E-Commerce Provisions, we have the right to issue a warning or deny registration to you. Upon acceptance of the registration by us, a registration confirmation will be sent to the e-mail address provided by you.

2.4 We reserve the right to deny any registration request or revoke an existing registration. A revocation of an existing registration shall have no effect on any contracts already concluded, but it will exclude you from further online purchases. Any contracts already concluded shall be fulfilled by both parties.

2.5 You shall be responsible for keeping your access data confidential and secure. Our Platform will verify whether an access password used matches a properly activated username. We shall not be obligated to perform any further verification. Therefore, any person who logs into our Platform by using your authorisation details shall be deemed to be authorised by you to render legally effective declarations in connection with all activities on the Platform and to conclude contracts on behalf of you. You shall bear all legal responsibilities for the activities conducted under your registered account, including but not limited to all legal liabilities that may arise from any data modification, payment, speech and other activities.

2.6 You shall place great importance on the confidentiality of your registered account. If you discover any breach to your account or any other security breaches, you shall notify us immediately so that we could take appropriate measures to protect the account. You shall inform us immediately in case of loss, potential or suspected misuse of your password or account. Upon receipt of any such notification, we will disable the account during our ordinary business hours and provide you with new access data. However, you understand that we may require a reasonable period of time to act upon your request, and such actions shall be limited to what is reasonably practicable; even if we take appropriate actions, we may not be able to prevent or stop all or part of the occurrence or aggravation of losses or damages. You understand and acknowledge that we could only verify whether your verification information matches our records in the system. We are not able to verify the true account owner in our system. If your account is stolen or your password is lost due to improper protection or other reasons, you will be solely responsible for the corresponding losses.

3. Placing an Order and Conclusion of Contract

3.1 The information on this Platform is not intended as advice on, or as a recommendation for, the purchase of our products. Except as expressly stated in our General Terms of Sale, all contents and products provided on the Platform are provided on “as is” basis and to the fullest extent permitted by law, we exclude any terms, conditions, warranties or licenses, whether express or implied. You are solely responsible for the appropriateness of the products offered on the Platform for your intended application(s) and use. We do not warrant, either expressly or impliedly, that our products offered are fit for a particular purpose or that they meet your requirements. You are advised to conduct your independent research into individual products before proceeding to make an Offer.

3.2 The presentation of our products and services on the Platform is not an offer in the legal sense. An offer is made where you complete the order process on the Platform to buy the products specified in the order, subject to the General Terms of Sale (“Offer”). You have the option to verify your order and correct any errors before submitting the Offer. You are responsible for ensuring that your order is complete and accurate. Your Offer shall become legally binding when you click on the “Order” button on the Platform. With the submission of the order, you can no longer modify it.

3.3 Upon receipt of an order, we will send you an automatic e-mail confirmation to acknowledge the Offer. Such confirmation does not constitute any acceptance of the Offer. Our acceptance of any order will take place as described below in Section 3.4. You acknowledge that the information provided by you (name of company, company address, company register number or date of birth etc.) may be – where justified by objective reasons- transferred to our third-party service provider(s) in order to conduct a credit/solvency check. You may refer to our Privacy Policy for further information if such information transferred to our third-party service providers contains any personal information of you.

3.4 We will confirm our acceptance of your order in writing, usually by sending a separate order confirmation by email to you (“Acceptance”), which shall also include the final price subject to Sections 4.2 and 4.4. The Acceptance will usually be issued within one (1) business day after receipt of the order. You shall be bound by your order for a maximum of one (1) week. We may accept orders only in part if you have explicitly indicated that you are happy to accept a partial order when submitting your Offer. We are also entitled to refuse orders in part or in their entirety without stating a reason, but in particular in the event that the ordered product is unavailable. For the sake of clarity, if you do not receive an order confirmation from us but accept delivery of the goods, this will be deemed as conclusive evidence of your acceptance of the goods, the General Terms of Sale and E-Commerce Provisions and constitute a legally enforceable contract.

3.5 We hereby expressly state that the Platform sells products and/or services solely to end customers. We do not accept purchases of products and/or services made for the purpose of reselling or intending to resell to others (including businesses or any third parties). Furthermore, your purchases must be based on genuine manufacturing and operation needs. You may not engage in malicious purchasing, malicious returns, malicious claims, or any other actions that disrupt the normal transaction order of the Platform and/or violate applicable laws and regulations. If we determine that your order is not based on genuine manufacturing and operation needs, or is potentially made for resale purposes, or if you engage in any actions that disrupt the normal transaction order of the Platform and/or violate applicable laws and regulations, the E-Commerce Provisions or General Terms of Sale, we reserve the right to take any action against you, including but not limited to refusing to sell goods and/or services to you, canceling your order and/or forcibly logging you out, suspending and/or terminating your account, and seeking compensation from you for all losses incurred by us.

4. Prices and Payment Terms

4.1 The prices for the ordered products are generally not displayed on the Platform for customers that are not logged-in. Where prices are displayed on the Platform (whether the customers are logged into the Platform or not) or in the automatic e-mail confirmation, the relevant prices are only indications based on our experience of previous orders for the same products with, including without limitation, similar type, size, dimensions etc. Prices displayed on the Platform or in the automatic e-mail confirmation are merely indicative and not confirmed by both parties; they are subject to adjustment based on our review of the ordered products and costs incurred with producing the ordered products from available material or their delivery.

4.2 In the light of the above, you agree that the confirmed price of each ordered product may deviate up to +/- 15% from the indicative price displayed on the Platform or in the automatic e-mail confirmation. If our assessment of the order leads to a price increase of more than 15% in comparison to the indicative price displayed on the Platform or in the automatic e-mail confirmation, we will contact you via email and ask for your explicit approval of the confirmed price. In case we do not receive any written approval from you within three (3) business days after our request, your order is deemed withdrawn.

4.3 The final prices for the ordered products are set forth in our order confirmation according to Section 3.4.

4.4 The delivery and shipping costs as indicated in the order confirmation or on the Platform shall be added to the confirmed price and shall be the final amount (“Final Amount”). The actual delivery time depends on the chosen method and terms of delivery.

4.5 The Final Amount shall be due, unless otherwise agreed, in full and without deduction immediately upon Acceptance according to Section 3.4 and is indicated in the order confirmation.

4.6 The Final Amount can be paid upon issuance of invoice (provided that the Final Amount is covered by your order limits as resulting from the credit/solvency check according to Section 3.3).Any delivery times as agreed in the General Terms of Sale shall only start upon receipt of full payment of the Final Amount.

5. Warranty and Liability

5.1 The warranty and liability as to all aspects of the ordered products and with regard to the general contractual relationship between you and us are governed by the General Terms of Sale.

5.2 We are not obliged to provide IT infrastructure and will not be liable for any modification, suspension, or discontinuation of the Platform or the loss of any content. We also cannot guarantee that the Platform is available uninterruptedly. Temporary connection interruptions may occur. We reserve the right to do maintenance works at any time without prior notice.

5.3 You also acknowledge that although we will take appropriate security measures to the Platform and the personal information contained therein, the internet may be subject to breaches of security and personal information or other information that is provided over the internet may not be secure.

5.4 The Platform may contain links that allow access to third-party websites or services (“Third-Party Services“) that are not owned or controlled by us. Such Third-Party Services are governed by their own terms of use. We do not control Third-Party Services and are not responsible for their contents. We shall not be held liable for the technical availability of Third-Party Services, their content, advertising, products and/or services.

6. Applicable Law and Jurisdiction

6.1 The Platform may contain links that allow access to third-party websites or services (“Third-Party Services“) that are not owned or controlled by us. Such Third-Party Services are governed by their own terms of use. We do not control Third-Party Services and are not responsible for their contents. We shall not be held liable for the technical availability of Third-Party Services, their content, advertising, products and/or services.

6.2 In order to provide better services or to accommodate the changes in laws, regulations, technical conditions, product features, etc., we will modify the E-Commerce Provisions as and when we deem it necessary, and all modified contents shall constitute an effective part of the E-Commerce Provisions. Upon the modification of the E-Commerce Provisions, we will publish the updated version on the Platform and notify you of the updated contents.

6.3 If any dispute arises between you and us, both parties shall resolve it amicably. If the parties are unable to resolve the dispute, you agree that the dispute shall be settled exclusively by the competent court in Shanghai.

6.4 You and us are separate entities. Nothing contained in the E-Commerce Provisions shall constitute any form of express or implied guarantees or conditions to you, nor create or imply any agency, partnership, joint venture or employment relationship between the parties.

6.5 We may assign our rights and obligations under an order, the General Terms of Sale and the E-Commerce Provisions to another entity (e.g. our affiliated companies) without your consent, but this will not affect your rights or obligations under the General Terms of Sale or the E-Commerce Provisions. You may not assign your rights or obligations under the General Terms of Sale or the E-Commerce Provisions to another party without our prior written consent.

Version as of November 2025