(Version as of January 1, 2026)

1 – INTRODUCTION AND PURPOSE OF THE TERMS OF USE

BUNQER SAS is a simplified joint stock company (société par actions simplifiée) registered with the Paris Trade and Companies Register under number 934 358 995 (hereinafter "BUNQER").

BUNQER operates and uses a platform called "BUNQER", accessible one a worldwide basis at the URL address https://www.bunqer.tech (the "Platform" as further defined below). The Platform enables BUNQER to promote and sell to Television Services providers (as defined below), the television broadcasting rights that BUNQER SAS, in turn, acquires from the Sellers (as defined below).

It is specified that BUNQER sells in the first place to the Buyers the television broadcasting rights it buys concomitantly to the relevant Sellers. As a result, BUNQER acts as a “reseller” from a legal standpoint even if the term “marketplace” is used from time-to-time by BUNQER to simplify its concept from a marketing and/or commercial standpoint.

For the sake of clarity and transparency, the Terms of Use (together with the License set out in Appendix I) apply both to (i) the sales made by BUNQER to the providers of Television Services, and (ii) the purchases made by BUNQER from the Sellers.

The purpose of the Terms of Use is therefore to define the conditions under which Users may access and use the Platform to sell or purchase television broadcasting rights in accordance with the terms and conditions of the License which forms an integral part of the Terms of Use.

The Platform is exclusively reserved to the following professional users, after verification of their identity and reputation via a KYC process:

• Programs rights holders and/or distributors, acting as initial sellers (the "Sellers" or the "Licensors"), and
• Providers of Television Services acting as final buyers (the "Buyers" or the "Licensees").

Transfers of television broadcasting rights through the Platform are always temporary and non-exclusive, each Seller being able to transfer outside the Platform the same rights over the same period to any buyer other than BUNQER, and BUNQER being able to transfer on the Platform the same rights over the same period to several Buyers (within the limit of the rights that BUNQER receives from the Sellers).

Despite its resolutely international coverage, BUNQER refrains from any business relationship with any entity and/or any national from a Blacklisted Country (as this term is defined below). Thus, entities registered in one of the Blacklisted Countries, as well as nationals of these same countries, are expressly and strictly prohibited from using the Platform, which BUNQER ensures by preventing and/or blocking the registration of the persons concerned after checking their KYC.

The Users undertake to respect, without reservation, the Terms of Use prior to any registration on the Platform and/or any use thereof. Their acceptance must be full and complete.

BUNQER reserves the right to modify the Terms of Use at any time and without prior notice, at its sole discretion, particularly to reflect any regulatory, legal, case law, commercial, editorial and/or technical development.

The Terms of Use and any amendments thereto are deemed to have been accepted unreservedly by any User who connects to the Platform. The version of the Terms of Use that prevails is that which is available online on the Platform at the time of connection, it being specified that this version supersedes any previous version of the Terms of Use and/or any previous agreement entered between the Users and BUNQER. The Users shall therefore refer to the version available online at the time they access the Platform. Any User who does not agree to all or part of the Terms of Use, or to any amendments thereto, undertakes to immediately cease all use of the Platform. Any continued use will constitute tacit acceptance of the Terms of Use and any amendments thereto.

PLEASE READ THE TERMS OF USE CAREFULLY.

BY REGISTERING, ACCESSING, BROWSING AND/OR USING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD AND AGREE TO BE BOUND BY THE TERMS OF USE AND THAT NEITHER THE PLATFORM NOR ITS USE VIOLATES ANY LAWS APPLICABLE TO YOU OR THE ENTITY ON WHOSE BEHALF YOU ARE ACCEPTING THE TERMS OF USE (SUCH AS YOUR EMPLOYER OR THE COMPANY YOU REPRESENT). IF THIS IS NOT THE CASE, YOU DO NOT HAVE THE RIGHT TO ACCESS, VISIT OR USE THE PLATFORM AND AGREE TO IMMEDIATELY CEASE ANY ACCESS, VISIT OR USE OF THE PLATFORM.