COREMONT LLP

The standard payment terms of the reporting entity are 30 days from the date of invoice. Payment is due within 30 days of receipt of a valid invoice unless alternative terms have been agreed in writing with the supplier. The reporting entity does not offer supply chain finance arrangements. The reporting entity has not changed its standard payment terms during the reporting period.

In the event of a dispute relating to an invoice, the reporting entity will notify the supplier in writing, setting out the nature of the dispute and the amount in question. The reporting entity will use reasonable endeavours to resolve any dispute promptly and in good faith through direct negotiation with the supplier. Any undisputed portion of an invoice will continue to be paid in accordance with the agreed payment terms. Where a dispute cannot be resolved through direct negotiation, either party may refer the matter to mediation or, failing that, to the courts of the applicable jurisdiction. The existence of a dispute does not entitle the reporting entity to withhold payment of amounts that are not in dispute.