Terms and Conditions of Use of We Take Part

Last updated: October 1, 2025

Article 1: Purpose

These Terms and Conditions of Use (the "Terms") define the rules for accessing and using the We Take Part platform (hereinafter the "Platform"), dedicated to equity crowdfunding in cleantech and climate tech projects, in compliance with the applicable regulations for Crowdfunding Service Providers (PSFP) and under the supervision of the French Financial Markets Authority (AMF).

By accessing the Platform, the User fully and unreservedly accepts these Terms. If the User refuses them, they will not be able to use the services provided.

Article 2: Definitions

User: Any individual or legal entity accessing the Platform, whether as an Investor or a Project Owner.

Investor: Any individual or legal entity wishing to invest in the projects offered on the Platform.

Project Owner: Any individual or legal entity submitting a project for financing through the Platform.

PSFP: Prestataire de Services de Financement Participatif (Crowdfunding Service Provider). We Take Part holds this license to operate under the supervision of the AMF.

Project: Any cleantech or climate tech initiative eligible to receive crowdfunding through the Platform.

Article 3: Access to the Platform

Access to the Platform is reserved for individuals of legal age with full legal capacity and for legal entities represented by their legal representative. Registration on the Platform is required to access investment services or submit a project.

Article 4: Services Provided

• Project submission: Project Owners may submit their cleantech or climate tech initiatives to raise funds.
• Equity crowdfunding: Investors may review the projects available and invest through securities (shares) or bonds, in compliance with the regulations applicable to PSFPs.
• Investment monitoring: The Platform allows Investors to track their investments and receive updates on the performance of the projects funded.

Article 5: Fees and Commissions

For Project Owners:

• Fixed audit and onboarding fees: ranging from €2,000 excl. VAT to €3,000 excl. VAT, depending on the complexity of the project. These fees cover, among other things, regulatory and financial due diligence, the preparation of documents provided to investors (KIIS/FICI, subscription forms, etc.), as well as the creation and management of the investment vehicle (SPV), where applicable.
• Success fees: in the event of a successful campaign, a commission ranging from 6% to 7,5% excl. VAT of the amount raised will be applied.

For Investors:

• An investment fee of 1% excl. VAT of the subscribed amount is applied for each transaction. These fees cover the technical and operational costs of payment processing (bank transfer, credit card, direct debit, etc.) charged by our licensed payment service provider, Mipise Payment Services. No cap is applied.

Article 6: Obligations of the Parties and Liabilities

Obligations of Project Owners:

• Project Owners must submit realistic and compliant projects, provide accurate and transparent information about their business, and manage the project diligently.
• They are also responsible for providing regular financial and extra-financial results, which We Take Part will make available to investors via the Platform.

Obligations of Investors:

• Investors must acknowledge that they are exposed to risks, including the loss of capital, and must carefully review the information documents provided for each project before making an investment decision.
• They are also required to provide accurate KYC documents and update their personal information when necessary.

Liability of We Take Part:

• We Take Part carries out a thorough review of the viability of projects submitted, including financial and extra-financial audits. However, We Take Part acts as a technical facilitator and does not guarantee the success of funded projects.
• In the event of a successful fundraising, the Project Owners are responsible for the execution of the project. We Take Part cannot be held liable for the failure of a funded project.

Article 7: KYC Process and Anti-Money Laundering

• Required documents for Project Owners: Valid ID, proof of address, and for legal entities, a company registration certificate.
• Required documents for Investors: Valid ID, proof of address, and in certain cases, information about the source of funds.
• KYC checks: Mandatory upon registration, with no minimum investment threshold.
• Anti-money laundering: We Take Part implements enhanced due diligence measures and monitors transactions to detect anomalies, in accordance with applicable regulations.

Article 8: Investments and Regulatory Pathway

We Take Part offers investments in shares (ordinary or preferred) and in bonds (including convertible bonds). Each type of instrument is subject to a specific process ensuring regulatory compliance and transaction security, in accordance with Regulation (EU) 2020/1503 and the French Monetary and Financial Code.

Shares: the investor journey includes a regulatory test in line with MiFID II to verify compatibility between the investor’s profile and the associated risks.

Investment via SPV: in most cases, investments are made through a special purpose vehicle (SPV) created and managed by a specialized legal partner, under the supervision of We Take Part. The SPV’s purpose is to pool investors and facilitate their collective representation in the financed company.

Article 9: Payment Services

We Take Part uses Mipise Payment Services for payment processing and payment account management.

• By using the Platform, the User automatically accepts the Terms and Conditions of MIPISE available at: http://www.mipise.com as well as the Payment Services Terms and Conditions of MIPISE PAYMENT SERVICES available at: http://www.mipisepaymentservices.com.
• Mipise Payment Services is a payment institution licensed by the ACPR (Autorité de Contrôle Prudentiel et de Résolution) under establishment code no. 17838.
• Mipise acts as a payment agent of Mipise Payment Services.

Article 10: Taxation

Investments made through the We Take Part platform may allow certain investors to benefit from tax incentives, such as income tax reductions or specific exemptions. These advantages are subject to conditions and thresholds defined by applicable tax legislation. We Take Part cannot guarantee access to or application of these tax benefits.

Article 11: Electronic Signature of Documents

• Subscription form: Investors must electronically sign a subscription form for each selected project.
• Shareholders’ agreement: For share investments, investors must sign a shareholders’ agreement defining the rights and obligations within the financed company.

These documents must be signed before the investment is validated. Electronic signatures carry the same legal weight as handwritten signatures.

Article 12: Personal Data Protection

We Take Part is committed to complying with applicable personal data protection laws, including the GDPR. Data collected is processed in accordance with the privacy policy available on the Platform.

Article 13: Liability

• Technical malfunctions or temporary service interruptions.
• Financial losses related to investments made on the Platform.

Article 14: Termination

We Take Part reserves the right to suspend or terminate a User’s access to the Platform in the event of non-compliance with these Terms, without prior notice or compensation.

Article 15: Amendments to the Terms

We Take Part reserves the right to amend these Terms, particularly in the event of regulatory developments, changes in technical service providers (payments, SPV, etc.), or adjustments to its business model. Any modifications will be notified to Users.

Article 16: Governing Law and Jurisdiction

These Terms are governed by French law. In the event of a dispute, and failing amicable resolution, the courts of Paris shall have exclusive jurisdiction.