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HomeMy WebLinkAboutInsurance Certificates 2025/26 SyntechINSURANCE REVIEW Cv �Cv CALIFORNIA - RE: Syntech Group Inc. — Professional Services Agreement for Managed IT Services 2026/2027; 2026-06-02 Business Session Item No. 5 Please list the Contracting Party / Vendor Name, type of agreement to be executed, including any change orders or amendments, and the type of services to be provided. Make sure to list any related Project No. and Project Name. Insurance certificates reauired per the Agreement: ACCORD Certificate dated 10-days prior or less 05/26/2026 enter ACCORD issue date Commercial General Liability Insurance: ❑ $1,000,000 per occurrence/$2,000,000 aggregate OR ❑✓ $2,000,000 per occurrence/$4,000,000 aggregate ❑✓ Additional Insured Endorsement naming City of La Quinta ❑✓ Primary and Non -Contributory Endorsement Automobile Liability: ❑✓ $1,000,000 combined single limit for bodily injury and property damage. Workers' Compensation: Statutory Limits / Employer's Liability $1,000,000 per accident or disease Workers' Compensation Endorsement with Waiver of Subrogation ❑ Sole Proprietor Professional Liability (Errors and Omissions): ❑✓ Errors and Omissions Liability insurance with a limit of not less than $1,000,000 per claim Cyber Liability/Technology Errors and Omissions Liability Insurance: ❑✓ $1,000,000 per occurrence/loss $1,000,000 aggregate limit for Technology E&O, Network Security/Privacy, Cyber Incident Response, Cyber Extortion, and System Damage/Business Interruption; TRIA terrorism Other: Approved by: List other insurance types such as - molestation, harassment, etc. Oscar Mojica Date: 6/11 /2026 Ate— DATE (MM/DD/YYYY) CERTIFICATE OF LIABILITY INSURANCE 06/04/2026 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATIONIS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT NAME: PAYCHEX INSURANCE AGENCY INC/PHS PHONE (800)640-0395 (A/C, No, Ext): FAX (585)389-7894 (A/C, No): 76210690 225 KENNETH DR STE 110 ROCHESTER NY 14623 E-MAIL ADDRESS: INSURER(S) AFFORDING COVERAGE NAIC# INSURER A: Hartford Fire and Its P&C Affiliates 00914 INSURED INSURER B : SYNTECH GROUP INC INSURERC: 9300 SANTA ANITA AVE STE 102 INSURER D : RANCHO CUCAMONGA CA 91730 INSURER E : INSURER F : COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED.NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE ADDL SUBR POLICY NUMBER POLICY EFF POLICY EXP LIMITS LTR INSR WVD MMIDDIYYYY MM/DD/Y YYY COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE CLAIMS -MADE ❑OCCUR DAMAGE TO RENTED PREMISES Ea occurrence MED EXP (Any one person) PERSONAL & ADV INJURY GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE POLICY ❑ PRO- 1-1LOC JECT PRODUCTS - COMP/OP AGG OTHER: AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT Ea accident BODILY INJURY (Per person) ANY AUTO ALL OWNED SCHEDULED AUTOS AUTOS BODILY INJURY (Per accident) PROPERTY DAMAGE HIRED NON -OWNED AUTOS AUTOS (Per accident) UMBRELLA LIAB OCCUR EACH OCCURRENCE EXCESS LIAB CLAIMS- MADE AGGREGATE DED RETENTION $ WORKERS COMPENSATION AND EMPLOYERS' LIABILITY X PER STATUTE OTH- ER E.L. EACH ACCIDENT $1,000,000 ANY Y/N A PROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBER EXCLUDED? N/A X 76 WEG AL5EOE 04/20/2026 04/20/2027 E.L. DISEASE -EA EMPLOYEE $1,000,000 (Mandatory in NH) If yes, describe under E.L. DISEASE - POLICY LIMIT $1,000,000 DESCRIPTION OF OPERATIONS below DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) Those usual to the Insured's Operations. Waiver of Subrogation applies in favor of the Certificate Holder per Waiver of our Right to Recover from Others Endorsement WC040306, attached to this policy. RE; State job is performed in: CA CERTIFICATE HOLDER CANCELLATION City of La Quinta SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED 8495 CALLE TAMPICO BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED LA QUINTA CA 92253 IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE �F4190tll If © 1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD 16The Hartford THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. WAIVER OF OUR RIGHT TO RECOVER FROM OTHERS ENDORSEMENT - CALIFORNIA Policy Number: 76 WEG ALSEOE Endorsement Number: 002 Effective Date: 06/04/26 Effective hour is the same as stated on the Information Page of the policy. Named Insured and Address: Syntech Group Inc 9300 SANTA ANITA AVE STE 102 RANCHO CUCAMONGA CA 91730 We have the right to recover our payments from anyone liable for an injury covered by this policy. We will not enforce our right against the person or organization named in the Schedule. (This agreement applies only to the extent that you perform work under a written contract that requires you to obtain this agreement from us.) You must maintain payroll records accurately segregating the remuneration of your employees while engaged in the work described in the Schedule. The additional premium for this endorsement shall be 5 % of the California workers' compensation premium otherwise due on such remuneration. SCHEDULE Person or Organization City Of La Quinta AUTHORIZED REPRESENTATIVE, 78495 CALLE TAMPICO, LA QUINTA, CA, 92253 Countersigned by Job Description 3 Authorized Representative Form WC 04 03 06 (1) Printed in U.S.A. Process Date: 06/04/26 Policy Expiration Date: 04/20/27 HL VKLJ CERTIFICATE OF LIABILITY INSURANCE DATE(MM/DD/YYYY) 06/03/2026 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOTAFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND ORALTERTHE COVERAGE AFFORDED BYTHE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions ofthe policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu ofsuch endorsement(s). PRODUCER CONTACT NAME: Brent Owens(2918GT3) PHONE FAX 8560 Vineyard Ave Ste 110 (A/C, NO, EXT): 909-710-7171 (A/C, NO): 909-326-7171 E-MAIL Rancho Cucamonga CA 91730-4354 ADDRESS: bowens1@farmersagent.com INSURER(S) AFFORDING COVERAGE NAIC # INSURED INSURERA: Truck Insurance Exchange 21709 INSURER B: Farmers Insurance Exchange 21652 SYNTECH GROUP INC. 9300 SANTA ANITA AVE STE 100 INsuRERc: Mid Century Insurance Company 21687 INSURER D: INSURER E: RCH CUCAMONGA CA 91730 INSURER F: COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFYTHATTHE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAME ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACTOR OTHER DOCUMENT WITH RESPECTTO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BYTHE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALLTHE TERMS, EXCLUSIONSAND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR LTR TYPE OF INSURANCE ADDTL INSD SUBR WVD POLICYNUMBER POLICYEFF (MM/DD/WYY) POLICYEXP (MM/DD/WYY) LIMITS COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE $ 2,000,000 CLAIMS -MADE X OCCUR DAMAGE TO RENTED PREMISES (Ea Occurrence) $ 1,000,000 MED EXP (Any one person) $ 10,000 PERSONAL &ADV INJURY $ 2,000,000 C Y Y 605430853 01/08/2026 01/08/2027 GENT AGGREGATE LIMITAPPLIES PER: GENERALAGGREGATE $ 4,000,000 X POLICY ❑ PROJECT ❑ LOC PRODUCTS-COMP/OPAGG $ 2,000,000 $ OTHER: AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT (Ea accident) $ 2,000,000 BODILY INJURY (Per person) $ ANYAUTO C OOWNEDAUTOS SCHEDULED 605430853 01 /08/2026 01 /08/2027 BODILY INJURY (Per accident) $ PROPERTY DAMAGE (Per accident) $ HIREDAUTOS X NON -OWNED ONLY AUTOS ONLY UMBRELLALIAB OCCUR EACH OCCURRENCE $ EXCESS LIAB CLAIMS -MADE AGGREGATE $ DED I I RETENTION $ $ WORKERS COMPENSATION AND EMPLOYERS' LIABILITY PER STATUTE OTHER $ ANY PROPRIETOR/PARTNER/ Y/N E.L. EACH ACCIDENT $ EXECUTIVE OFFICER/MEMBER EXCLUDED? (Mandatory in NH) N/A E.L. DISEASE - EA EMPLOYEE E.L. DISEASE - POLICY LIMIT $ Ifyes, describe under DESCRIPTION OF OPERATIONS below DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if morespace is required) 9300 SANTA ANITA AVE # 100-102, RCH CUCAMONGA, CA 91730 Includes Primary and non-contributory wording Waiver of subrogation applies in favor of: City of La Quinta Authorized Representative in regard to the general liability coverage CERTIFICATE HOLDER CANCELLATION CITY OF LA QUINTA AUTHORIZED REPRESENTATIVE SHOULD ANY OFTHEABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION Attn: City Managers Office DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE 8rmi D(/(flel, 78495 CALLE TAMPICO LAQUINTA CA 92253 ACORD 25 (2016/03) 31-1769 11-15 @1988-2015 ACORD CORPORATION. All Rights Reserved The ACORD name and logo are registered marks of ACORD THE HARTFORD BUSINESS SERVICE CENTER THE 3600 WISEMAN BLVD HARTFORD SAN ANTONIO TX 78251 City of La Quinta 8495 CALLE TAMPICO LA QUINTA CA 92253 Account Information: Policy Holder Details : Syntech Group Inc June 4, 2026 Contact Us Need Help? Chat online or call us at (866) 467-8730. We're here Monday - Friday. Enclosed please find a Certificate Of Insurance for the above referenced Policyholder. Please contact us if you have any questions or concerns. Sincerely, Your Hartford Service Team WLTRO05 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. FARMERS INSURANCE 06/04/2026 WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US 605430853 E3306 1 st Edition Effective Date Policy Number This endorsement modifies insurance provided under the following: BUSINESSOWNERSCOMMON POLICY CON DITIONS-BP0009 SCHEDULE Name of Person or Organization: CITY OF LA QUINTA AUTHORIZED REPRESENTATIVE (If no entry appears above, information required to complete this Endorsement must be shown in the Declarations as applicable to this endorsement.) The provisions of the Businessowners Common Policy Conditions are modified by this endorsement as follows: Condition K. Transfer Of Rights Of Recovery Against Others To Us in the Businessowners Common Policy Conditions is amended by the addition of the following: 3. We waive any right of recovery we may have against the person or organization shown in the Schedule above because of payments we make for injury or damage arising out of your work done under a contract with that person or organization and included in the products -completed operations hazard. This waiver applies only to the person or organization shown in the Schedule above. This endorsement is part of your policy. It supersedes and controls anything to the contrary. It is otherwise subject to all the terms of the policy. E3306-ED1 6-97 Includes Copyrighted Material of Insurance Services Office, Inc., with its permission. Page 1 of 1 91-3306 E3306101 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. POLICY NUMBER: 605430853 FARMERS INSURANCE ADDITIONAL INSURED - SCHEDULED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: BUSINESSOWNERS LIABILITY COVERAGE FORM BUSINESSOWNERSCOMMON POLICY CONDITIONS j6840 2nd Edition With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless modified by the endorsement. SCHEDULE Name Of Additional Insured Person(s) CITY OF LA QUINTA AUTHORIZED Or Organization(s): REPRESENTATIVE Location Of Covered Operation(s): 78495 CALLE TAMPICO LA QUINTA, CA 92253 Effective Date Of Endorsement: 06/03/2026 If no entry appears above, information required to complete this endorsement will be shown in the Declarations. The BUSI N ESSOWN ERS LIABI LITY COVERAGE FORM is amended as follows: A. With respect to the additional insured described in Paragraph B. of this endorsement, the following exclusions are added to Paragraph 1. Applicable To Business Liability Coverage under Section B. Exclusions: This insurance does not apply to: 1. "Bodily injury" or "property damage" for which the additional insured(s) is obligated to pay damages by reason of the assumption of liability in a contract or agreement. This exclusion does not apply to liability for damages that the additional insured(s) would have in the absence of the contract or agreement. 2. "Bodily injury" or "property damage" occurring after: a. Your ongoing operations at the location of covered operations other than service maintenance or repairs performed by you or on your behalf have been completed; or b. The portion of your ongoing operation out of which the "bodily injury" or "property damage" arises has been putto its intended use byany person ororganization. But in no event shall this insurance applyto "bodily injury" or "property damage" arising out of youroperations that were completed prior to the effective date of this endorsement. 3. "Bodily injury" or "property damage" arising out of any act or omission of the additional insured(s) or any of its "employees", agents or contractors other than you, except for general supervision by the additional insured(s) of your ongoing operations performed for that additional insured. 4. "Property damage" to: a. Property owned, used or occupied by or rented to the additional insured(s); b. Property in the care custody or control of the additional insured(s) or over which the additional insured(s) exercise physical control; or c. Any work including materials, parts or equipment furnished in connection with such work which is performed for the additional insured by you. J6840-ED2 09-18 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 1 of 2 93-6840 J6840201 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. POLICY NUMBER: 605430853 17238 1st Edition FARMERS INSURANCE ADDITIONAL INSURED — DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: BUSINESSOWNERS LIABILITY COVERAGE FORM BUSINESSOWNERS COVERAGE FORM APARTMENTOWNERS LIABILITY COVERAGE FORM CONDOMINIUM LIABILITY COVERAGE FORM SCHEDULE Name Of Additional Insured Person(s) Or Organization(s): CITY OF LA QUINTA AUTHORIZED REPRESENTATIVE Attn: City Managers Office 78495 Calle Tampico La Quinta CA 92253 Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. The following is added to Paragraph C. Who Is An Insured of the applicable Coverage Form: Any person(s) or organization(s) shown in the Schedule is also an additional insured, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omissions of those acting on your behalf in the performance of your ongoing operations or in connection with your premises owned by or rented to you. However: a. The insurance afforded to such additional insured only applies to the extent permitted bylaw; and b. If coverage provided to the additional insured is required by a contractor agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. B. With respect to the insurance afforded to these additional insureds, the following is added to Paragraph D. Liability And Medical Expenses Limits Of Insurance of the applicable Coverage Form: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1. Required by the contractor agreement; or 2. Available under the applicable Limits Of Insurance shown in the Declarations; whichever is less. This endorsement shall not increase the applicable Limits Of Insurance shown in the Declarations. This endorsement is part of your policy. It supersedes and controls anything to the contrary. It is otherwise subject to all the terms of the policy. J7238-ED 1 02-19 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 1 of 1 937238 J7238101 B. Section C. Who Is An Insured is amended to include as an insured the person(s) or organization(s) shown in the Schedule, but only to the extent that the additional insured(s) is held liable for "bodily injury" or "property damage" caused in whole or in part by: 1. Your ongoing operations performed for such person or organization at the location designated above; 2. The acts or omissions of your subcontractors acting on "your" behalf on the scheduled project in the performance of your ongoing operations for the additional insured(s) which start and are completed within the effective period of this endorsement; or 3. The acts or omissions of such additional insured(s) in connection with its general supervision of such operations. C. With respect to this endorsement, "wrap up policy' means an Owner or Contractor Controlled Insurance Program providing one or a series of policies designed to cover a specific construction project that insures all of the persons and entities working on such project. The BUSINESSOWNERS COMMON POLICY CONDITIONS are amended as follows: A. With respect to the additional insured described in Paragraph B. of this endorsement, Section H. Other Insurance is replaced by the following: H. Other Insurance 1. Primary and Noncontributory Insurance The coverage provided to an additional insured under this endorsement shall be primary and noncontributory ONLYto any insurance issued directlyto the additional insured if: a. The Named Insured agreed in a written contract or written agreement to provide the additional insured coverage on a primary and noncontributory basis; b. Such written contractor written agreement referenced in a. above was executed prior to the issuance of this endorsement; c. The additional insured designated herein has a policy with an Other Insurance provision making that policy excess; and d. There is no "wrap up policy' in effect for the work performed at the location designated in the Schedule of this endorsement. 2. Excess Insurance If there is other valid and collectable insurance available to the additional insured(s) as an additional insured under other policies covering the work performed at the location designated and described in the schedule of this endorsement, this insurance will be excess overthose policies. This endorsement is part of your policy. It supersedes and controls anything to the contrary. It is otherwise subject to all the terms of the policy. J6840-ED2 09-18 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 2 of 2 93-6840 J6840202 cfc Policy certificate Insurance effected through the Coverholder: CFC Underwriting Limited llth Floor, 8 Bishopsgate London EC2N 4BQ United Kingdom PLEASE NOTE - This notice contains important information. PLEASE READ CAREFULLY. This Certificate is issued by the Coverholder in accordance with the authorization granted to the Coverholder under the Binding Authority Agreement with the Unique Market Reference stated within this Policy. This Policy comprises a Certificate, the Declarations page, Wording and all other provisions and conditions attached and any endorsements issued. The liability of an insurer under this contract is several and not joint with other insurers party to this contract. An insurer is liable only for the proportion of liability it has underwritten. An insurer is not jointly liable for the proportion of liability underwritten by any other insurer. Nor is an insurer otherwise responsible for any liability of any other insurer that may underwrite this contract. The proportion of liability under this contract underwritten by an insurer (or, in the case of a Lloyd's syndicate, the total of the proportions underwritten by all the members of the syndicate taken together) is shown in this Policy. In the case of a Lloyd's syndicate, each member of the syndicate (rather than the syndicate itself) is an insurer. Each member has underwritten a proportion of the total shown for the syndicate (that total itself being the total of the proportions underwritten by all the members of the syndicate taken together). The liability of each member of the syndicate is several and not joint with other members. A member is liable only for that member's proportion. A member is not jointly liable for any other member's proportion. Nor is any member otherwise responsible for any liability of any other insurer that may underwrite this contract. The business address of each member is Lloyd's, One Lime Street, London EC3M 7HA. The identity of each member of a Lloyd's syndicate and their respective proportion may be obtained by writing to Market Services, Lloyd's, at the above address. Although reference is made at various points in this clause to "this contract" in the singular, where the circumstances so require this should be read as a reference to contracts in the plural. In Witness whereof this Certificate has been signed by: Authorized Official Please examine this document carefully. If it does not meet your needs, please contact your broker immediately. In all communications the policy number appearing overleaf should be quoted. 6 cfc POLICY NUMBER: ESO0040569385 UNIQUE MARKET REFERENCES: B087525C9N5051 THE INSURED: Syntech Group Inc ADDRESS: 9300 Santa Anita Avenue, #102 Rancho Cucamonga, CA 91730 US THE UNDERWRITERS: Underwritten by certain underwriters at Lloyd's and other insurers THE INCEPTION DATE: 00:01 Local Standard Time on 05 Nov 2025 THE EXPIRY DATE: 00:01 Local Standard Time on 05 Nov2026 TOTAL PAYABLE: USD5,400.00 Premium breakdown: Premium: USD5,000.00 TRIA: USDO.00 Policy Administration Fee: USD400.00 TECHNOLOGY SERVICES: Managed services provider CHOICE OF LAW: California SERVICE OF SUIT: Mendes & Mount LLP 750 7th Avenue New York, NY 10019 LEGAL ACTION: Worldwide TERRITORIAL SCOPE: Worldwide US CLASSIFICATION: Surplus Lines SURPLUS LINES BROKER: Bass Underwriters, Inc. Licence No.: OD06519 455 University Avenue Suite 330 Sacramento 95825 RETROACTIVE DATE(S): Professional Liability: 05 Nov 2024 REPUTATIONAL HARM PERIOD: 12 months INDEMNITY PERIOD (SYSTEM 12 months DAMAGE AND BUSINESS INTERRUPTION cover only): TIME FRANCHISE: 8 hours OPTIONAL EXTENDED REPORTING 12 months for 100% of applicable annualized premium PERIOD: CLAIMS MANAGER: CFC Underwriting Limited Unique Market Reference No. B087525C9N5051Zoi Z, ©1999-2025 CFC Underwriting Limited. All rights reserved. 1 cfc Please report all new claims to: newclaims&cfc.com CYBER INCIDENT RESPONSE LINE: In the event of an actual or suspected cyber incident please call our Cyber Incident Response Team on the toll free 24-hour hotline number: 1 844-677-4155 or email cyberclaims(gcfc.com WORDING: Technology v5.0 ENDORSEMENTS: Complaints notice (California) U.S. Terrorism Risk Insurance Act of 2002 As Amended New & Renewal Business Endorsement Restricted, Prohibited Or Sanctioned Extortion and Ransom Payments Exclusion Clause Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 0 cfc INSURING CLAUSE 1: PROFESSIONAL LIABILITY ALL SECTIONS COMBINED Aggregate limit of liability: USD1,000,000 in the aggregate SECTION A: PRODUCTS AND SERVICES LIABILITY Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION B: BREACH OF CONTRACT Limit of liability: USD1,000,000 Deductible: USD5,000 each and every claim, including costs and expenses each and every claim, including costs and expenses SECTION C: SUB -CONTRACTOR VICARIOUS LIABILITY Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION D: INTELLECTUAL PROPERTY RIGHTS INFRINGEMENT AND MEDIA LIABILITY Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION E: REGULATORY COSTS AND FINES Limit of liability: USD1,000,000 Deductible: USD5,000 SECTION F: DISHONESTY OF EMPLOYEES Limit of liability: USD1,000,000 Deductible: USD5,000 SECTION G: PAYMENT OF WITHHELD FEES Limit of liability: USD1,000,000 Deductible: USD5,000 each and every claim, including costs and expenses each and every claim, including costs and expenses each and every claim, including costs and expenses each and every claim, including costs and expenses each and every claim each and every claim Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 6 cfc INSURING CLAUSE 2: NETWORK SECURITY & PRIVACY LIABILITY ALL SECTIONS COMBINED Aggregate limit of liability: USD1,000,000 in the aggregate SECTION A: NETWORK SECURITY LIABILITY Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION B: PRIVACY LIABILITY Limit of liability: USD1,000,000 Deductible: USD5,000 SECTION C: MANAGEMENT LIABILITY each and every claim, including costs and expenses each and every claim, including costs and expenses Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION D: REGULATORY FINES, PENALTIES AND INVESTIGATION COSTS Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION E: PCI FINES, PENALTIES AND ASSESSMENTS Limit of liability: USD1,000,000 each and every claim, including costs and expenses Deductible: USD5,000 each and every claim, including costs and expenses SECTION F: CONTINGENT BODILY INJURY Limit of liability: USD250,000 Deductible: USD5,000 each and every claim, including costs and expenses each and every claim, including costs and expenses Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 6 cfc INSURING CLAUSE 3: CYBER INCIDENT RESPONSE ALL SECTIONS COMBINED Aggregate limit of liability: USD1,000,000 in the aggregate SECTION A: INCIDENT RESPONSE COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USDO each and every claim SECTION B: LEGALAND REGULATORY COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION C: IT SECURITYAND FORENSIC COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION D: CRISIS COMMUNICATION COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION E: PRIVACY BREACH MANAGEMENT COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION F: THIRD PARTY PRIVACY BREACH MANAGEMENT COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION G: POST BREACH REMEDIATION COSTS Limit of liability: USD50,000 Deductible: USDO each and every claim, subject to a maximum of 10% of all sums we have paid as a direct result of the cyber event each and every claim Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 6 cfc INSURING CLAUSE 4: CYBER CRIME SECTION A: FUNDS TRANSFER FRAUD Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION B: INVOICE MANIPULATION Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION C: NEW VENDOR FRAUD Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION D: PHYSICAL GOODS FRAUD Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION E: THEFT OF PERSONAL FUNDS Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION F: CORPORATE IDENTITY THEFT Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION G:THEFTOF FUNDS HELD IN ESCROW Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION H: THEFT OF CLIENT FUNDS Limit of liability: USD50,000 each and every claim Deductible: USD5,000 each and every claim Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. dr cfc SECTION I: CUSTOMER PAYMENT FRAUD Limit of liability: USD50,000 each and every claim Deductible: USD5,000 each and every claim SECTION J: TELEPHONE HACKING Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim SECTION K: UNAUTHORIZED USE OF COMPUTER RESOURCES Limit of liability: USD250,000 each and every claim Deductible: USD5,000 each and every claim INSURING CLAUSES: CYBER EXTORTION Aggregate limit of liability: USD1,000,000 in the aggregate Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim INSURING CLAUSE 6: SYSTEM DAMAGE AND BUSINESS INTERRUPTION ALL SECTIONS COMBINED Aggregate limit of liability: USD1,000,000 in the aggregate SECTION A: SYSTEM DAMAGE AND RECTIFICATION COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION B: HARDWARE REPLACEMENT COSTS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION C: INCOME LOSS AND EXTRA EXPENSE Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. dr cfc SECTION D: EM ERG ENCY AND ADDITIONAL OPERATIONAL CONTINUITY COSTS Limit of liability: USD100,000 each and every claim Deductible: USD5,000 each and every claim SECTION E: VO LU NTARY AN D REGULATORYSHUTDOWN Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION F: DEPENDENT BUSINESS INTERRUPTION Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION G: CONSEQUENTIAL REPUTATIONAL HARM Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION H: LOST OR MISSED BIDS Limit of liability: USD1,000,000 each and every claim Deductible: USD5,000 each and every claim SECTION I: CLAIM PREPARATION COSTS Limit of liability: USD25,000 each and every claim Deductible: USDO each and every claim INSURING CLAUSE 7: COMMERCIAL GENERAL LIABILITY NO COVER GIVEN INSURING CLAUSE 8: LOSS MITIGATION Limit of liability: USD1,000,000 Deductible: USD5,000 each and every claim, including costs and expenses each and every claim, including costs and expenses Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 6 cfc INSURING CLAUSE 9: CRIMINAL REWARD COVER Limit of liability: USD100,000 each and every claim Deductible: USD5,000 each and every claim INSURING CLAUSE 10: REPUTATION AND BRAND PROTECTION Aggregate limit of liability: USD100,000 in the aggregate Deductible: USDO each and every claim INSURING CLAUSE 11: COURT ATTENDANCE COSTS Aggregate limit of liability: USD100,000 in the aggregate Deductible: USDO each and every claim Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 6 cfc CFC Underwriting Limited is authorized and regulated by the United Kingdom Financial Conduct Authority (FCA). CFC Underwriting Limited's Firm Reference Number at the FCA is 312848. These details may be checked by visiting the Financial Conduct Authority website at https://register.fca.org.uk/. Alternatively, the Financial Conduct Authority may be contacted on +44 (0)20 70661000. We are covered by the Financial Services Compensation Scheme (FSCS). You may be entitled to compensation from the scheme if we cannot meet our obligations to you in respect of insurance policies that we have underwritten on behalf of insurers. This depends on the type of business and the circumstances of the claim. In respect of general insurance business the FSCS will cover 90% of the claim, without any upper limit and for compulsory classes of insurance, the FSCS will cover 100% of the claim, without any upper limit. Further information about compensation scheme arrangements is available from the FSCS. We intend to provide an excellent service to you. However, we recognize that there may be occasions when you feel that this has not been achieved. If you are unhappy with any aspect of the service that you receive from us, please contact CFC stating the nature of your complaint, the certificate and/or claim number. You can contact us directly at complaints@cfc.com or please write to: The Managing Director CFC Underwriting Limited 11th Floor, 8 Bishopsgate London EC2N 4BQ United Kingdom Alternatively, you may wish to contact the Lloyd's Complaints Department. The address of the Complaints team at Lloyd's is: Lloyd's Complaints Department c/o Lloyd's America Inc 280 Park Avenue East Tower, 25th Floor New York, NY, 10017 USA Telephone:1-844-849-7828 E-mail: complaints@lloyds.com Details of Lloyd's complaints procedures are set out in a leaflet "Your Complaint - How We Can Help" available at www.Iloyds.com/complaints and are also available from the above address. The California Department of Insurance should be contacted only after discussions with the insurer, its agent, or representative, have failed to produce a satisfactory resolution. You may contact the California Department of Insurance to obtain information on your rights or make a complaint at: Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 1 cfc Consumer Hotline 1-800-927-43S7 (HELP) TDD Number 1-800-482-4833 (TTY) California Department of Insurance Consumer Services Division 300 South Spring Street, South Tower Los Angeles, CA 90013 The existence of this complaints procedure does not affect your right to commence a legal action or an alternative dispute resolution proceeding in accordance with your contractual rights. Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. We collect and use relevant information about you to provide you with your insurance cover or the insurance cover that benefits you and to meet our legal obligations. Where you provide us or your agent or broker with details about other people, you must provide this notice to them. The information we collect and use includes details such as your name, address and contact details and any other information that we collect about you in connection with the insurance cover from which you benefit. This information may include more sensitive details such as information about your health and any criminal convictions you may have. In certain circumstances, we may need your consent to process certain categories of information about you (including sensitive details such as information about your health and any criminal convictions you may have). Where we need your consent, we will ask you for it separately. You do not have to give your consent and you may withdraw your consent at any time. However, if you do not give your consent, or you withdraw your consent, this may affect our ability to provide the insurance cover from which you benefit and may prevent us from providing cover for you or handling your claims. The way insurance works means that your information may be shared with, and used by, a number of third parties in the insurance sector for example, insurers, agents or brokers, reinsurers, loss adjusters, sub -contractors, regulators, law enforcement agencies, fraud and crime prevention and detection agencies and compulsory insurance databases. We will only disclose your personal information in connection with the insurance cover that we provide and to the extent required or permitted by law. We will process individual insured's details, as well as any other personal information you provide to us in respect of your insurance cover, in accordance with our privacy notice and applicable data protection laws. To enable us to use individual insured's details in accordance with applicable data protection laws, we need you to provide those individuals with certain information about how we will use their details in connection with your insurance cover. You agree to provide to each individual insured this notice, on or before the date that the individual becomes an individual insured under your insurance cover or, if earlier, the date that you first provide information about the individual to us. We are committed to using only the personal information we need to provide you with your insurance cover. To help us achieve this, you should only provide to us information about individual insureds that we ask for from time to time. You have rights in relation to the information we hold about you, including the right to access your information. If you wish to exercise your rights, discuss how we use your information or request a copy of our full privacy notice, please contact us directly at dataprotection@cfc.com. For more information about how we use your personal information please see our full privacy notice, which is available online on our website at: http://www.cfc.com/privacy Unique Market Reference No. B08752SC9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 1 cfc A Policy Administration Fee may be charged by CFC Underwriting Limited for administration costs incurred by it for its role in the distribution of this policy. Any applicable Policy Administration Fee: a. is separate from and in addition to the premium stated in the Declarations page; and b. constitutes a separate agreement between the Insured stated in the Declarations page and CFC Underwriting Limited which will come into effect upon inception of the policy. If a Policy Administration Fee is applicable then it will be deemed fully earned upon inception of this policy and it will not be refundable in the event this policy is cancelled in accordance with the terms and conditions of this policy Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 1 cfc POLICY NUMBER: THE INSURED: THE INCEPTION DATE: ES0004056938S Syntech Group Inc 05 Nov 2025 This page provides the details of the lead insurer for the cover purchased under this Policy. These details are provided to you to confirm which syndicates are providing this cover and the security of this Policy. Coverage: INSURING CLAUSE 1: PROFESSIONAL LIABILITY INSURING CLAUSE 2: NETWORK SECURITY & PRIVACY LIABILITY INSURING CLAUSE 3: CYBER INCIDENT RESPONSE INSURING CLAUSE 5: CYBER EXTORTION INSURING CLAUSE 6: SYSTEM DAMAGE AND BUSINESS INTERRUPTION INSURING CLAUSE 9: CRIMINAL REWARD COVER U M R: B087525C9 N 5051 Underwriters: Underwritten by certain underwriters at Lloyd's and other insurers Led By: CFC 1988 Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. • cfc ATTACHING TO POLICY ESO0040569385 NUMBER: THE INSURED: Syntech Group Inc WITH EFFECT FROM: 05 Nov 2025 This Endorsement is issued in accordance with the terms and conditions of the "U.S. Terrorism Risk Insurance Act of 2002" as amended, as summarized in the disclosure notice. In consideration of the additional premium paid (as shown in the Declarations), it is hereby noted and agreed with effect from the Inception Date that the Exclusion relating to terrorism to which this Insurance is subject, shall not apply to any "insured loss" directly resulting from any "act of terrorism" as defined in the "U.S. Terrorism Risk Insurance Act of 2002", as amended ("TRIA"). The coverage afforded by this Endorsement is only in respect of any "insured loss" of the type insured by this Insurance directly resulting from an "act of terrorism" as defined in TRIA. The coverage provided by this Endorsement shall expire at 12:00 midnight December 31, 2027, the date on which the TRIA Program is scheduled to terminate, or the Expiry Date of this Policy whichever occurs first, and shall not cover any losses or events which arise after the earlier of these dates. The Exclusion relating to terrorism, to which this Insurance is subject, applies in full force and effect to any other losses and any act or events that are not included in said definition of "act of terrorism". This Endorsement only affects the Exclusion relating to terrorism to which this Insurance is subject. All other terms, Conditions and Exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance. Furthermore we will not be liable for any amounts for which we are not responsible under the terms of TRIA (including subsequent action of Congress pursuant to the Act) due to the application of any clause which results in a cap on our liability for payment for terrorism losses. LMA5389 (Amended) 09 January 2020 SUBJECT OTHERWISE TO THE TERMS AND CONDITIONS OF THE POLICY Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 1 cfc ATTACHING TO POLICY ESO0040569385 NUMBER: THE INSURED: Syntech Group Inc WITH EFFECT FROM: 05 Nov 2025 It is understood and agreed that the following is added to the EXCLUSIONS RELATING TO ALL INSURING CLAUSES: Restricted, prohibited or sanctioned extortion and ransom payments arising directly out of the facilitation of any extortion or ransom payment, including but not limited to any such payment delivered to an incorrect address or any payment which will expose you or a client of yours to any sanction, prohibition or restriction under the United Nations resolutions or the trade or economic sanctions, laws or regulations of Australia, Canada, the European Union, United Kingdom or United States of America. SUBJECT OTHERWISE TO THE TERMS AND CONDITIONS OF THE POLICY Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. 4F CfC Technology Policy document United States CfC Proactive services As an added benefit to this policy proactive If a cyber event occurs cyber attack prevention services are provided to you, working to identify vulnerabilities and risks targeting insureds and try to prevent them from turning into cyber incidents. For more information on how these services work, contact us or read this article. CFC (the Coverholder identified on your Policy Certificate) strives to provide proactive support and advice on cyber risks and vulnerabilities that you may be exposed to throughout the duration of the policy. In certain circumstances such support may be provided by CFC Response. Accessing proactive services It is recommended that you download and activate the CFC Response app, including enabling notifications, in order to ensure full access to, and benefit from, CFC's Proactive services. While CFC will endeavour to provide these proactive services to you without the app, downloading the app will allow CFC to provide a deeper level of threat analysis. Your policy number providesyou with free access to the app. No impact on policy limits Being alerted of a risk or vulnerability by CFC will not constitute a claim under your policy. CFC interactions with you to provide support and advice regarding cyber risks and vulnerabilities they have identified will not impact any coverage thatyou may be entitled to. Proactive services tailored for you CFC supports you by trying to identify risks and vulnerabilities that may lead to cyber incidents throughout the duration of the policy. If CFC becomes aware of a cyber risk or vulnerability to which you may be exposed, CFC will strive to provide proactive risk management services to you. These services can include: AA sending threat alerts through the Response mobile application (or via another means of communication if you have not downloaded the Response mobile application); OB providing initial advice toyou about the risk or vulnerability, including threat intelligence; and OC providing initial remote support and assistance to you to remedy the risk or vulnerability. The Services at b. and c. above will be provided to you by CFC Response. In the event that the risk or vulnerability CFC alerts you about results in a notifiable incident under the Policy, you should refer to the Policy Conditions or speak with your broker for information about notification requirements to CFC. About CFC Response CFC Response is a trading name of the below listed entities, all of which are affiliates of CFC: lO CFC Security Inc, DE file number 7451204, principal place of business at 300 E. Highland Mall Blvd, Suite 300, Austin, Texas 78752 United States; O2 CFC Security Limited, registered company number 134974SS with registered address at 85 Cracechurch Street, London, EC3V OAA; and OCFC Security Pty Ltd, principal place of business at 130 Bundall Road, Unit 22, Queensland, 4217, Australia, ACN: 096 518 820. You may receive services from one or more of the above companies depending upon your geographical location. By using CFC Response services, you agree to the relevant entity's terms and conditions, which can be found here. These terms outline the scope of services provided and any applicable limitations on liability. CFC is not responsible for services provided by CFC Response. Liability for these services is governed by the terms and conditions of the relevant CFC Response entity. If you have any questions about these terms, please contact CFC Response for clarification at enquiriesa cfcresponse.com. Our liability for proactive support services CFC's Proactive services are designed to support cyber risk visibility and deliver timely alerts. These services do not replace the need for a comprehensive cybersecurity programme. Whilst CFC will endeavour to identify risks and vulnerabilities that may lead to cyber incidents throughout the duration of the policy to you, neither CFC nor CFC Response offers any guarantee that all such risks and vulnerabilities will be prevented, identified or resolved by CFC or CFC Response. You remain solely responsible for securing your systems and data. q cfc As an added benefit to this Policy, proactive cyber attack prevention services are provided to you. These services are designed to help identify potential vulnerabilities and threats targeting you and aim to assist in reducing the likelihood of cyber incidents. IMPORTANT: COVERAGE TRIGGERS. It is important for you to review this Policy in its entirety carefully, including CONDITION 1, as the trigger for coverage, including when you must notify us of a claim, under each Section and Insuring Clause may differ. Where cyber events, system failures or operator errors are not specifically excluded from a Section or Insuring Clause of this Policy, then a claim arising out of a cyber event, system failure or operator error which is otherwise covered under that Section or Insuring Clause will be payable, subject to all other terms, conditions and exclusions of this Policy. This Policy is a contract of insurance between you and us. Your Policy contains all the details of the cover that we provide. This Policy consists of and must be read together with the Declarations page and any Endorsements. This Policy is not complete unless it is signed and a Declarations page is attached. The sections of this Policy are identified by the blue lines across the page with white upper case print, these are for information purposes only and do not form part of the cover given by this Policy. Terms in bold upper case print are references to specific Insuring Clauses, Sections or Conditions. Other terms in bold lower case print are defined terms and have a special meaning as set forth in the Definitions section and elsewhere. Words stated in the singular will include the plural and vice versa. In consideration of the premium and in reliance upon the information that you have provided to us prior to the commencement of this insurance, we agree to provide the cover as set out below: INSURING CLAUSE 1: PROFESSIONAL LIABILITY SECTION A: PRODUCTS AND SERVICES LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period arising out of your technology services for any: a. negligent act, error, omission, misstatement or misrepresentation; 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc N b. breach of any contractual term implied by law concerning necessary quality, safety or fitness, oryour dutyto use reasonable care and skill; c. failure of a product to perform or function as intended; d. bodily injury or property damage and any consequential financial loss related to the bodily injury or property damage; or e. other act, error or omission giving rise to civil liability but not any breach of contract other than as specified above. We will also pay costs and expenses on your behalf. SECTION B: BREACH OF CONTRACT We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period as a direct result of any unintentional breach of a contract with a client for the provision of your technology services. We will also pay costs and expenses on your behalf. SECTION C: SUB -CONTRACTOR VICARIOUS LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period as a direct result of any act, error or omission committed by any sub -contractor engaged by you for the provision of your technology services. We will also pay costs and expenses on your behalf. SECTION D: INTELLECTUAL PROPERTY RIGHTS INFRINGEMENT AND MEDIA LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period arising out of the provision of your technology services for any: a. infringement of any intellectual property rights, breach of any intellectual property rights license acquired by you where you acted in good faith and did not knowingly intend to breach those rights or failure to attribute authorship or provide credit; b. act of passing -off, piracy or plagiarism or any misappropriation of content, concepts, format rights or ideas or breach of a contractual warranty relating to intellectual property rights; c. misappropriation of a trade secret; d. invasion, infringement or interference with rights of privacy or publicity, including false light, public disclosure of private facts, intrusion, breach of confidence and commercial appropriation of name or likeness; ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 3 e. breach of agreement, breach of confidentiality or promissory estoppel, in connection with the failure to maintain the confidentiality of a source or materials furnished by a source or the failure to portray a source or a subject in a certain light; or f. defamation, including but not limited to libel, slander, trade libel, product disparagement, injurious falsehood, emotional distress or outrage based on harm to the character or reputation of any person or entity. We will also pay costs and expenses on your behalf. SECTION E: REGULATORY COSTS AND FINES We agree to pay on your behalf costs and expenses and any fines or penalties as a result of any regulatory investigation first initiated against you during the period of the policy or any applicable optional extended reporting period arising directly out of the provision of your technology services. However, we will not pay costs and expenses, fines or penalties in respect of any regulatory investigation affecting the wider environment in which you conduct your technology services, as opposed to any regulatory investigation solely affecting you. SECTION F: DISHONESTY OF EMPLOYEES We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period arising out of any dishonesty by any employee in the provision of your technology services. We will also pay costs and expenses on your behalf. SECTION G: PAYMENT OF WITHHELD FEES We agree to payyour withheld fees in the event that a client of yours brings or threatens to bring a claim against you that would be covered under INSURING CLAUSE 1 (SECTIONS A, B, C and F only) for an amount greater than your withheld fees if you attempt to recover the withheld fees from them. Prior to payment of your withheld fees you must obtain written confirmation from the client that they will not bring a claim against you if you agree not to pursue them for your withheld fees and provide it to us. INSURING CLAUSE 2: NETWORK SECURITY & PRIVACY LIABILITY SECTION A: NETWORK SECURITY LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including the establishment of any consumer redress fund and associated expenses) as a result of any claim arising out of a cyber event first discovered byyou during the period of the policy that results in: a. the transmission of malware to a third party's computer system; b. your computer systems being used to carry out a denial of service attack; 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 r cfc 4 c. your failure to prevent unauthorized access to information stored or applications hosted on your computer systems or a third party's computer systems; or d. identity theft, experienced byyour employees, senior executive officers or any third party. We will also pay costs and expenses on your behalf. SECTION B: PRIVACY LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including the establishment of any consumer redress fund and associated expenses) as a result of any claim arising out of a cyber event first discovered byyou during the period of the policy that results in: a. an actual or suspected disclosure of or unauthorized access to any Personally Identifiable Information (PII), including payment card information or Protected Health Information (PHI); b. your failure to adequately warn affected individuals of a privacy breach, including the failure to provide a data breach notification in a timely manner; c. a breach of any rights of confidentiality as a direct result of your failure to maintain the confidentiality of any data pertaining to an employee or senior executive officer; d. a breach of any rights of confidentiality, including a breach of any provisions of a non- disclosure agreement or breach of a contractual warranty relating to the confidentiality of commercial information, PII, or PHI; e. a breach of any part of your privacy policy; or f. actual or suspected disclosure of or unauthorized access to your data or data for which you are responsible. We will also pay costs and expenses on your behalf. SECTION C: MANAGEMENT LIABILITY We agree to pay on behalf of any board member, C-level executive, in-house lawyer and risk manager of the company (including your Chief Information Security Officer, Chief Information Officer, Chief Technology Officer or their functional equivalents), all sums they become legally obliged to pay as a result of any claim made against them arising directly out of a cyber event first discovered byyou during the period of the policy. We will also pay costs and expenses on their behalf. However, we will not make any payment under this Section for which the board member, C-level executive, in-house lawyer or risk manager is entitled to indemnity under any other insurance, except for any additional sum which is payable over and above the other insurance. SECTION D: REGULATORY FINES, PENALTIES AND INVESTIGATION COSTS We agree to pay on your behalf any fines and penalties resulting from a regulatory investigation arising as a direct result of a cyber event first discovered byyou during the period of the policy. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 if cfc 5 We will also pay costs and expenses on your behalf. SECTION E: PCI FINES, PENALTIES AND ASSESSMENTS We agree to pay on your behalf any fines, penalties and card brand assessments including fraud recoveries, operational reimbursements, non -cooperation costs and case management fees, which you become legally obliged to pay to your acquiring bank or payment processor as a direct result of a payment card breach first discovered byyou during the period of the policy. We will also pay costs and expenses on your behalf. SECTION F: CONTINGENT BODILY INJURY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimant's costs and expenses) as a result of any claim arising out of bodily injury caused as a direct result of a cyber event affecting your computer systems first discovered by you during the period of the policy. We will also pay costs and expenses on your behalf. However, we will not make any payment under this Section for which you are entitled to indemnity under any other insurance, except for any additional sum which is payable over and above the other insurance. INSURING CLAUSE 3: CYBER INCIDENT RESPONSE SECTION A: INCIDENT RESPONSE COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, as a direct result of a cyber event first discovered byyou during the period of the policy to: a. gain access to our 24/7 cyber incident response line; b. engage with our claims manager who will coordinate the initial response; c. obtain initial advice and consultancy from our claims manager, including threat intelligence in relation to the cyber event; and d. obtain initial remote support and assistance from our claims manager to respond to the cyber event. SECTION B: LEGAL AND REGULATORY COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, as a direct result of a cyber event first discovered by you during the period of the policy to: a. obtain legal advice to determine the correct course of action; b. draft privacy breach notification letters, substitute notices, website notices or e-mail notification templates; c. notify any appropriate governmental, regulatory, law enforcement, professional or statutory body; d. respond to any regulatory investigation; and ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc e. defend any regulatory action. SECTION C: IT SECURITY AND FORENSIC COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, as a direct result of a cyber event first discovered byyou during the period of the policy to: a. engage with an external IT security consultant to identify the source and scope of the cyber event; b. obtain initial advice to remediate the impact of the cyber event; c. conduct a forensic investigation of your computer systems where reasonable and necessary or as required by law or a regulatory body (including a requirement for a PCI Forensic Investigator); d. contain and remove any malware discovered on your computer systems; and e. engage with an IT security consultant to provide expert witness testimony at any trial or hearing arising from the cyber event. SECTION D: CRISIS COMMUNICATION COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, as a direct result of a cyber event first discovered byyou during the period of the policy to: a. engage with a crisis communications consultant to obtain specific advice in direct relation to the cyber event; b. coordinate media relations in response to the cyber event; c. receive training for relevant spokespeople with respect to media communications in direct relation to the cyber event; and d. formulate a crisis communications plan in order to reduce damage to your brand and reputation as a direct result of the cyber event. SECTION E: PRIVACY BREACH MANAGEMENT COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, as a direct result of a cyber event first discovered during the period of the policyto: a. print and post appropriate notices for any individual affected by the actual or suspected cyber event or to send e-mail notices or issue substitute notices, including any privacy breach notification thatyou are not legally obliged to make; b. provide credit monitoring services, identity monitoring services, identity restoration services or identity theft insurance to affected individuals; c. set up a call center to manage inbound and outbound calls in direct relation to the cyber event; and d. provide translation services to manage communications with affected individuals. 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 r cfc SECTION F: THIRD PARTY PRIVACY BREACH MANAGEMENT COSTS We agree to pay on behalf of any third party any reasonable sums necessarily incurred as a direct result of a cyber event first discovered by you during the period of the policy to: a. print and post appropriate notices for any individual affected by the actual or suspected cyber event or to send e-mail notices or issue substitute notices; b. provide credit monitoring services, identity monitoring services, identity restoration services or identity theft insurance to affected individuals; c. set up a call center to manage inbound and outbound calls in direct relation to the cyber event; and d. provide translation services to manage communications with affected individuals; provided that you are contractually required to indemnify the third party against this cyber event and they have a legal obligation to notify affected individuals. SECTION G: POST BREACH REM EDIATION COSTS We agree to pay on your behalf any reasonable sums necessarily incurred by you, or on your behalf, with our claims manager following a cyber event covered under INSURING CLAUSE 3 for the following services in order to mitigate the potential of a future cyber event: a. complete an information security risk assessment; b. conduct an information security gap analysis; c. develop an information security document set; and d. deliver an information security awareness training session. INSURING CLAUSE 4: CYBER CRIME SECTION A: FUNDS TRANSFER FRAUD We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of any third party committing: a. any unauthorized electronic transfer of company funds from a bank or other financial institution, including an asset management firm, pension or investment fund; b. theft of the company's money or other financial assets from a bank by electronic means; c. theft of money or other financial assets from your corporate credit cards by electronic means; or d. any phishing, vishing or other social engineering attack against any employee or senior executive officer that results in the transfer of company funds to an unintended third party. SECTION B: INVOICE MANIPULATION We agree to reimburse you for loss first discovered by you during the period of the policy, as a direct result of theft committed by a third party of a client's money or other financial assets, that the client intended to send to you for the provision of goods and services, but which you did not ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc receive as a result of fraudulent electronic communications designed to impersonate a senior executive officer or employee, including the creation of fraudulent invoices or change of banking details. SECTION C: NEW VENDOR FRAUD We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of a fraudulent third party posing as a legitimate vendor of goods or services with whom you are transacting for the first time, resulting in you paying for goods or services that you did not receive. SECTION D: PHYSICAL GOODS FRAUD We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of a third party committing any phishing, vishing or other social engineering attack against an employee or senior executive officer that results in you sending the company's tangible property or goods to an unintended third party. However, we will not make any payment under this Section for loss as a result of a legitimate customer not paying or refusing to pay for tangible property or goods that you have sent to them. SECTION E:THEFT OF PERSONAL FUNDS We agree to reimburse any senior executive officer for personal financial loss first discovered by them during the period of the policy as a direct result of any third party compromising the company's network security, which results in: a. theft of money or other financial assets from a personal bank account of the senior executive officer; or b. identity theft of the senior executive officer as a result of a privacy breach suffered by you. SECTION F: CORPORATE IDENTITY THEFT We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of the fraudulent use or misuse of your electronic identity, including the: a. establishment of credit or loans in your name; b. unauthorized electronic signing of any contract or agreement in your name; c. costs associated with the removal of websites designed to impersonate you; or d. the reliance by a third party on a fraudulent version of your digital identity to execute transactions of your funds or other financial assets. SECTION G: THEFT OF FUNDS HELD IN ESCROW We agree to reimburse you for loss (including compensation that the company is legally obliged to pay) first discovered by you during the period of the policy as a direct result of you having to reimburse a client for theft of the client's money or other financial assets from a bank account ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 9 held in your name, provided that the theft was committed by a third party by electronic means, including any phishing, vishing or other social engineering attack against you. SECTION H: THEFT OF CLIENT FUNDS We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of you having to reimburse a client for theft of the client's money or other financial assets from a client's bank account that you had access to, provided that the theft was as a result of a social engineering attack committed against you by a third party. SECTION I: CUSTOMER PAYMENT FRAUD We agree to reimburse you in the event of fraudulent electronic communications or websites designed to impersonate you or any of your products, first discovered byyou during the period of the policy, for loss directly attributable to: a. reimbursing your customers for their financial loss arising directly from the fraudulent communications, including fraudulent invoices manipulated to impersonate you, where goods or services have not been provided to the customers byyou or on your behalf; and b. the cost of creating and issuing a specific press release or establishing a specific website to advise your customers and prospective customers of the fraudulent communications. SECTION J: TELEPHONE HACKING We agree to reimburse you for loss associated with the cost of unauthorized calls or unauthorized use of your bandwidth first discovered by you during the period of the policy as a direct result of your telephone system being hacked by a third party. SECTION K: UNAUTHORIZED USE OF COMPUTER RESOURCES We agree to reimburse you for loss first discovered by you during the period of the policy as a direct result of cryptojacking or botnetting. INSURING CLAUSE 5: CYBER EXTORTION We agree to pay on behalf of the company any ransom in response to an extortion demand made against you and first discovered byyou during the period of the policy as a direct result of any actual or threat of. a. introduction of malware, including ransomware, into your computer systems; b. prevention of access to your computer systems or any third party systems hosting your applications or data; c. disclosure of your confidential information or confidential information entrusted to you; or d. damage to your brand or reputation by posting false or misleading information about you on social media sites. We will also pay on behalf of the company the reasonable and necessary costs incurred to respond to the extortion demand (including costs incurred to procure cryptocurrency for the ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 purposes of paying the ransom or in negotiating with the individual or organization making the extortion demand against you). INSURING CLAUSE 6: SYSTEM DAMAGE AND BUSINESS INTERRUPTION SECTION A: SYSTEM DAMAGE AND RECTIFICATION COSTS We agree to reimburse you for the additional cost of employing: a. contract staff or overtime costs for employees to rebuild your data, including the cost of data re-entry or data re-creation; b. specialist consultants, including IT forensic consultants, to recover your data or applications; and c. specialist consultants or overtime costs for employees working within your IT department to reconstitute your computer systems to the position they were in immediately prior to the cyber event; as a direct result of a cyber event first discovered by you during the period of the policy. SECTION B: HARDWARE REPLACEMENT COSTS We agree to pay on your behalf any reasonable sums necessarily incurred to replace any computer hardware or tangible equipment forming part of your computer systems that have been rendered unusable as a direct result of a cyber event first discovered by you during the period of the policy, provided that replacing the computer hardware or tangible equipment is a more cost effective solution than installing new firmware or software onto your existing hardware. For the purposes of this Section, we will also pay the reasonable costs necessarily incurred to purchase and install temporary computer hardware or tangible equipment that are necessary in the interim for the sole purpose of facilitating the recovery of your data or systems during the remediation phase of the cyber event. SECTION C: INCOME LOSS AND EXTRA EXPENSE We agree to reimburse you for your income loss and extra expense sustained during the indemnity period as a direct result of an interruption to your business activities caused by your computer systems downtime arising directly out of a cyber event, system failure or operator error, which is first discovered by you during the period of the policy, provided that your computer systems downtime lasts longer than the time franchise. SECTION D: EMERGENCY AND ADDITIONAL OPERATIONAL CONTINUITY COSTS We agree to reimburse you for any reasonable sums necessarily incurred during the indemnity period that are in addition to your normal operating expenses and the extra expense recoverable under INSURING CLAUSE 6 (SECTION C only): ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 11 a. to source your products or services from alternative sources in order to meet contractual obligations to supplyyour customers; b. to employ contract staff or overtime costs for employees in order to continue your business activities; c. to employ specialist consultants, including IT forensic consultants to diagnose the source of the computer systems downtime; and d. for employees working overtime within your IT department to diagnose and fix the source of the computer systems downtime; to mitigate an interruption to your business activities caused by your computer systems downtime arising directly out of a cyber event, system failure or operator error which is first discovered by you during the period of the policy, provided that your computer systems downtime lasts longer than the time franchise. For the avoidance of doubt, these additional costs need not be less than your expected income loss had these measures not been taken. SECTION E: VOLUNTARY AND REGULATORY SHUTDOWN We agree to reimburse you for your income loss and extra expense sustained during the indemnity period as a result of an interruption to your business activities where: a. it is reasonable and necessary to deliberately take your computer systems offline in order to manage a cyber event and to mitigate a wider loss, provided that the cyber event was first discovered byyou during the period of the policy; or b. a governmental entity or regulatory body with jurisdiction over you expressly requires you to take your computer systems offline during the period of the policy in response to a cyber event; provided that the length of time that your computer systems are offline exceeds the time franchise. SECTION F: DEPENDENT BUSINESS INTERRUPTION We agree to reimburse you for your income loss and extra expense sustained during the indemnity period as a direct result of an interruption to your business activities arising directly out of any sudden, unexpected and continuous outage of computer systems used directly by a supply chain partner which is first discovered by you during the period of the policy, provided that the computer systems downtime lasts longer than the time franchise and arises directly out of a cyber event, system failure or operator error. SECTION G: CONSEQUENTIAL REPUTATIONAL HARM We agree to reimburse you for your income loss sustained during the reputational harm period as a direct result of the loss of current or future customers, caused by damage to your reputation as a result of a cyber event first discovered byyou during the period of the policy. 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 • cfc 12 SECTION H: LOST OR MISSED BIDS We agree to reimburse you for your income loss sustained during the reputational harm period as a result of your failure to make or win a bid or request for proposal (RFP) for a contract arising directly from a cyber event first discovered byyou during the period of the policy. SECTION I: CLAIM PREPARATION COSTS We agree to pay on your behalf any reasonable sums necessarily incurred to determine the amount of your income loss sustained following an interruption to your business activities covered under INSURING CLAUSE 6. We will only pay these costs where they are incurred with an expert appointed by the claims manager. INSURING CLAUSE 7: COMMERCIAL GENERAL LIABILITY SECTION A: BODILY INJURYAND PROPERTY DAMAGE LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of bodily injury or property damage first occurring during the period of the policy, except when it is caused directly by your technology services. We will also pay costs and expenses on your behalf. SECTION B: PERSONAL AND ADVERTISING INJURY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of personal injury or advertising injury first occurring during the period of the policy, except when it is directly caused by your technology services. We will also pay costs and expenses on your behalf. SECTION C: PRODUCTS AND COMPLETED OPERATIONS LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of bodily injury or property damage first occurring during the period of the policy caused directly by any product. We will also pay costs and expenses on your behalf. SECTION D: POLLUTION LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of bodily injury or property damage caused directly by pollution first occurring during the period of the policy, on condition that the pollution was the direct result of a sudden, identifiable, unintended and unexpected incident. We will also pay costs and expenses on your behalf. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 r cfc 13 SECTION E: TENANTS' LEGAL LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of property damage to premises leased to, hired by, on loan to or held in trust by you or otherwise in your care, custody or control first occurring during the period of the policy. We will also pay costs and expenses on your behalf. SECTION F: MEDICAL EXPENSES We agree to pay medical expenses for bodily injury to a third party caused by an accident first occurring during the period of the policy in the course of your business activities, provided that: a. the third party, at the time of the accident, is not entitled to benefits under any workers' compensation or disability benefits law or similar law; b. the medical expenses are incurred and notified to us within one year of the date of the accident; and c. the third party submits to examination, at our expense, by physicians of our choice and as often as we reasonably require. We will make these payments regardless of fault. SECTION G: EMPLOYEE BENEFITS LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim first made against you during the period of the policy or any applicable optional extended reporting period arising out of any act, error or omission committed byyou or on your behalf in the administration of your employee benefit program. We will also pay costs and expenses on your behalf. SECTION H: NON -OWNED AND HIRED AUTOMOBILE LIABILITY We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of bodily injury or property damage occurring during the period of the policy in the course of your business activities resulting from the use or operation by you of any automobile that is not owned in whole or in part by the company or licensed in the name of the company. We will also pay costs and expenses on your behalf. SECTION I: LIABILITY FOR DAMAGE TO HIRED OR LEASED AUTOMOBILES We agree to pay on your behalf all sums which you become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising out of property damage to an automobile leased to or hired by you from a third party first occurring during the period of the policy in the course of your business activities. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 if cfc 14 We will also pay costs and expenses on your behalf. INSURING CLAUSE 8: LOSS MITIGATION In respect of INSURING CLAUSE 1, we agree to reimburse you for any reasonable costs necessarily incurred by you with our prior written agreement (which will not be unreasonably withheld) in respect of measures taken by you to rectify any act, error or omission that resulted in a claim or may result in a claim for which you would be entitled to indemnity under this Policy had these measures not been taken, provided that: a. these rectification measures are taken for the sole purpose of mitigating the claim or avoiding a claim; and b. the costs in respect of these rectification measures taken by you are less than the expected value of the claim. We will not make any payment under this Insuring Clause in respect of any costs that include any provision for: a. salaries or other remuneration of employees; b. your loss of profit; c. your normal operating expenses; or d. goodwill payments or other amounts that you are not contractually obliged to pay. INSURING CLAUSE 9: CRIMINAL REWARD COVER We agree to reimburse you for any reasonable sums necessarily incurred with our prior written agreement to pay any person or organization, other than: a. any external or internal auditor of the company; or b. any individual or organization who manages or supervises the individuals stated in a. a Bove; for information not otherwise available which directly results in the arrest and conviction of any person or organization who is committing or has committed any illegal act directly relating to a claim covered under INSURING CLAUSES 2, 3, 4, 5 or 6. INSURING CLAUSE 10: REPUTATION AND BRAND PROTECTION We agree to reimburse you for any reasonable sums necessarily incurred with our prior written agreement (which will not be unreasonably withheld) for the services of a public relations consultancy to avert or mitigate damage to your reputation or brand as a direct result of any media report that names you and publicizes an act or event that is the subject of a claim for which you are entitled to indemnity under this Policy. INSURING CLAUSE 11: COURT ATTENDANCE COSTS We agree to reimburse you for any reasonable sums necessarily incurred by you with our prior written agreement (which will not be unreasonably withheld) to attend court or any tribunal, 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc _ 15 arbitration, adjudication, mediation or other hearing in connection with any claim for which you are entitled to indemnity under this Policy. The maximum amount payable by us in respect of each Section and each Insuring Clause will not exceed the limit of liability plus the incident response limit. YOUR MAXIMUM LIMITS UNDER THIS POLICY Where any claim is covered under multiple Sections, each Section will cover its part of the claim to the extent of the available limit of liability. In the event any Section covering the claim is exhausted, no other Section of this Policy covering the claim will provide additional cover, unless cover is also triggered under INSURING CLAUSE 3 in which case the incident response limit will be available in addition to the limit of liability. Regardless of how many Sections cover any claim only one overall limit of liability, plus the incident response limit, will be available. The limit of liability that will be available is the highest limit of liability of the Sections covering the claim. The limits of liability available, other than the highest limit of liability, and the incident response limit, under the Sections covering the claim will always be a part of and not in addition to the highest limit of liability plus the incident response limit. For the purposes of this paragraph, INSURING CLAUSES 5, 8, 9,10 and 11 will each be considered a Section. Where more than one claim under this Policy arises from the same original cause or single source or event, all of those claims will be deemed to be one claim and only one limit of liability and one incident response limit will apply in respect of that claim. YOUR LIABILITY COVERAGES We may at any time pay to you in connection with any claim the amount of the limit of liability (after deduction of any amounts already paid). Upon that payment being made we will relinquish the conduct and control of the claim and be under no further liability in connection with that claim except for the payment of costs and expenses incurred prior to the date of such payment (unless the limit of liability is stated to be inclusive of costs and expenses). If costs and expenses are stated in the Declarations page to be in addition to the limit of liability, or if the operation of local laws require costs and expenses to be paid in addition to the limit of liability, and if a damages payment in excess of the limit of liability has to be made to dispose of any claim, our liability for costs and expenses will be in the same proportion as the limit of liability bears to the total amount of the damages payment. 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 r cfc We will only be liable for that part of each and every claim which exceeds the amount of the deductible. If any expenditure is incurred by us which falls within the amount of the deductible, then you will reimburse that amount to us upon our request. Where more than one claim under this Policy arises from the same original cause or single source or event all of those claims will be deemed to be one claim and only one deductible will apply. Where cover is provided under multiple Sections or multiple Insuring Clauses only one deductible will apply to that claim and this will be the highest deductible of the Sections under which cover is provided. YOUR AGGREGATE DEDUCTIBLE Notwithstanding the above, an aggregate deductible applies to INSURING CLAUSES 1, 2, 3, 4, S, 6 and 9 and is the maximum amount you will be liable to pay for all claims under these Insuring Clauses. This means your payment of any applicable deductible in respect of claims under these Insuring Clauses will erode the aggregate deductible. Upon total erosion of the aggregate deductibleyou will have no further liability to make any payment under these Insuring Clauses. For example, if you have an aggregate deductible of $5,000 and make a claim where costs exceed this amount, should you notify a subsequent claim under these Insuring Clauses, no deductible will apply to that claim and you will have no further liability to make any payment under these Insuring Clauses. YOUR TIME FRANCHISE In respect of INSURING CLAUSE 6 (SECTIONS C, D, E and F only), a single time franchise and indemnity period will apply to each claim. Where the same original cause or single source or event causes more than one period of computer systems downtime these will be considered one period of computer systems downtime whose total duration is equal to the cumulative duration of each individual period of computer systems downtime. 1. "Administration" means a. advising employees, including their dependents and beneficiaries, in respect of your employee benefit program; b. handling records in respect of your employee benefit program; and ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 17 c. effecting enrolment or termination of any employee's participation in a plan included in your employee benefit program. 2. "Advertising injury" means a. oral or written publication of defamatory content; b. oral or written publication of content that violates a person's right of privacy; or c. infringement of copyright, trade dress, slogan or a third party's advertising idea; in your advertising or promotional material. 3. "Aggregate deductible" means the highest deductible of the Sections under INSURING CLAUSES 1, 2, 3, 4, 5, 6 and 9. 4. "Approved claims panel providers" means the approved claims panel providers stated in the Declarations page. S. "Bodily injury" means death, bodily injury, mental injury, illness or disease. 6. "Botnetting" means the unauthorized use of your computer systems by a third party for the purpose of launching a denial of service attack or hacking attack against another third party. 7. "Claim" means a. a written demand for compensation; b. a written request for a retraction or a correction; c. a cease and desist notice d. a threat or initiation of a lawsuit, whether seeking damages, injunctive relief (including a temporary restraining order or preliminary or permanent injunction) or declaratory relief, and e. in respect of INSURING CLAUSES 1 (SECTION E only) and 2 (SECTION D only), a regulatory investigation 8. "Claims managers" means the claims managers stated in the Declarations page. 9. "Client" means any third party with whom you have a contract in place for the supply of your technology services in return for a fee, or where a fee would normally be expected to be paid. 10. "Company" means the company named as the insured in the Declarations page or any subsidiary. 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc 18 11. "Computer systems" means all electronic computers including operating systems, software, hardware, microcontrollers and all communication and open system networks and any data or websites wheresoever hosted, off-line media libraries and data back-ups and mobile devices including but not limited to smartphones, Phones, tablets or personal digital assistants. 12. "Continuity date" means the inception date or if you have maintained uninterrupted insurance of the same type with us, the date this insurance was first incepted with us. 13. "Costs and expenses" means a. third party legal and professional expenses (including disbursements) reasonably incurred in the defense of claims or circumstances which could reasonably be expected to give rise to a claim or in quashing or challenging the scope of any injunction, subpoena or witness summons; b. any post judgment interest; and c. the cost of appeal, attachment and similar bonds including bail and penal bonds. Subject to all costs and expenses being incurred with the claims managers' prior written agreement (which will not be unreasonably withheld). 14. "Cryptojacking" means the unauthorized use of your computer systems by a third party for the sole purpose of cryptocurrency mining activities. 15. "Cyber event" means any actual or suspected: a. unauthorized system access, electronic attack on computer systems: i. used directly byyou; or ii. in respect of INSURING CLAUSE 6 (SECTION F only),used directly by a supply chain partner, including an attack that utilizes artificial intelligence (Al), denial of service attack, cyber terrorism, hacking attack, Trojan horse, phishing attack, man -in -the -middle attack, application -layer attack, compromised key attack, malware infection (including spyware or ransomware), computer virus or actions of a rogue employee. b. privacy breach 16. "Cyber incident response line" means the telephone number stated as the cyber incident response line in the Declarations page. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 19 17. "Cyberwar" means any unauthorized access to or electronic attack on computer systems, carried out by or on behalf of a state, that directly results in another state becoming an impacted state. 18. "Deductible" means the amount stated as the deductible in the Declarations page. 19. "Employee" means any employee of the company, any volunteer working for the company and any individual working for the company as an independent contractor. 20. "Employee benefit program" means the company's insurance, pension or other benefit programs. 21. "Expiry date" means the expiry date stated in the Declarations page. 22. "Extra expense" means your reasonable sums necessarily incurred in addition to your normal operating expenses to mitigate an interruption to and continue your business activities, provided that the costs are less than your expected income loss sustained had these measures not been taken. 23. "Impacted state" means any state that suffers a major detrimental impact on its: a. ability to function; or b. defense and security capabilities; as a direct result of any unauthorized access to or electronic attack on computer systems, carried out by or on behalf of another state. 24. "Inception date" means the inception date stated in the Declarations page. 25. "Incident response limit" means the highest individual limit available, where cover is applicable, under INSURING CLAUSE 3 as stated in the Declarations page. 26. "Income loss" means your income that, had the cyber event, system failure or operator error which gave rise to the claim not occurred, would have been generated directly from your business activities (less sales tax) during the indemnity period or reputational harm period, less: ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc a. actual income (less sales tax) generated directly from your business activities during the indemnity period or reputational harm period; and b. any cost savings achieved as a direct result of the reduction in income. 27. "Indemnity period" means the period starting from the first occurrence of: a. the computer systems downtime; or b. the downtime of computer systems used directly by a supply chain partner; and lasting up to the period stated as the indemnity period in the Declarations page. 28. "Intellectual property rights" means any intellectual property right including, but not limited to, copyright, trademark (including any trade name that has been registered as a trademark), trade dilution, trade dress, design rights, domain name rights, moral rights, service mark or service name. "Intellectual property rights" do not include any patent. 29. "Limit of liability" means if expressed in the Declarations page as: a. "limit of liability", the maximum amount payable by us in respect of each claim; or b. "aggregate limit of liability", the maximum amount payable by us in respect of all claims. 30. "Loss" means any direct financial loss sustained by the company. 31. "Medical expenses" means reasonable and necessary expenses for: a. first aid administered at the time of an accident; b. medical, surgical, x-ray and dental services, including prosthetic devices; and c. ambulance, hospital, professional nursing and funeral services. 32. "Operator error" means any unintentional human error in entering or amending electronic data within your computer systems or in the upgrade, maintenance or configuration of those computer systems, where the proximate cause is not physical damage to any tangible equipment or property. "Operator error" does not mean any error in the design or architecture of any computer systems. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 21 33. "Payment card breach" means an actual or suspected unauthorized disclosure of payment card data stored or processed by you arising out of an electronic attack, accidental disclosure or the deliberate actions of a rogue employee. "Payment card breach" does not mean a situation where payment card data is deliberately shared with or sold to a third party with the knowledge and consent of a senior executive officer. 34. "Period of the policy" means the period between the inception date and the expiry date or until the Policy is canceled in accordance with CONDITION 6. 35. "Personal injury" means a. false arrest, detention or imprisonment; b. malicious prosecution; or c. wrongful entry into, or eviction of a person from, a room, dwelling or premises that the person occupies. 36. "Pollutants" means any solid, liquid, gaseous, radiological or thermal irritant, toxic or hazardous substance, or contaminant including, but not limited to smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste materials, including recycled, reconditioned or reclaimed materials. 37. "Pollution" means the discharge, dispersal, release, migration, seepage or escape of pollutants. 38. "Premium" means the amount stated as the premium in the Declarations page and any subsequent adjustments. 39. "Privacy breach" means an actual or suspected unauthorized disclosure of information arising out of an electronic attack, accidental disclosure, theft or the deliberate actions of a rogue employee or third party, including Personally Identifiable Information (PII), Protected Health Information (PHI) and payment card information. "Privacy breach" does not mean a situation where information is deliberately shared with or sold to a third party with the knowledge and consent of a senior executive officer. 40. "Product" means any tangible property, other than a technology product, that has been manufactured, altered, distributed or installed by you or on your behalf. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 22 41. "Property damage" means direct physical damage to, destruction of, loss of possession or loss of use of tangible property. 42. "Regulatory investigation" means a formal hearing, official investigation, examination, inquiry, legal action or any other similar proceeding initiated by a governmental, regulatory, law enforcement, professional or statutory body against you. 43. "Reputational harm period" means the period starting from when the cyber event is first discovered and lasting for the period stated as the reputational harm period in the Declarations page. 44. "Retroactive date" means the retroactive date stated in the Declarations page. 45. "Senior executive officer" means board members, C-level executives, in-house lawyers and risk managers of the company. 46. "State" means sovereign state. 47. "Subsidiary" means any entity which the company has majority ownership of, meaning more than 50% ownership, on or before the inception date. 48. "Supply chain partner" means a ny: a. third party that provides you with hosted computing services including infrastructure, platform, file storage and application level services; or b. third party listed as a supply chain partner in an endorsement attaching to this policy which we have issued. 49. "System failure" means any sudden, unexpected and continuous downtime of your computer systems which renders them incapable of supporting their normal business function and is caused by an application bug, an internal network failure or hardware failure. However, in respect of INSURING CLAUSE 6 (SECTION F only), system failure also means any sudden, unexpected and continuous downtime of computer systems used directly by a supply chain partner which renders them incapable of supporting their normal business function and is caused by an application bug, an internal network failure or hardware failure. "System failure" does not mean a cyber event. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 23 50. "Technology product" means any hardware, or any related electronic product, equipment, or device that is designed, manufactured, altered, repaired, distributed or installed, licensed, leased or sold by you or on your behalf. 51. "Technology services" means the supply by you or on your behalf of technology products or technology services, including but not limited to software development, software installation and maintenance, hardware design, hardware installation and maintenance, artificial intelligence development, artificial intelligence services, data processing, internet services, data and application hosting, computer systems analysis, consulting, training, programming, systems integration, IT support and network management, and as more fully described in the Declarations page. 52. "Third party" means any person who is not an employee or any legal entity that is not the company. 53. "Time franchise" means the number of hours stated as the time franchise in the Declarations page. 54. "War" means any physical: a. war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war is declared or not), civil war, rebellion, insurrection, civil commotion assuming the proportions of or amounting to an uprising, military or usurped power; or b. action taken in controlling, preventing, suppressing or in anyway relating to a. above. 55. "We/our/us" means the underwriters stated in the Declarations page. 56. "Withheld fees" means any contractually due fee that your client refuses to payyou, but excluding any part of the fee that representsyour profit or mark-up or liability for taxes. 57. "You/your" means a. the company; b. any past, present or future employees; c. the estates, heirs, legal representatives or assigns of any employee in the event of their death, incapacity, insolvency or bankruptcy but only with respect to any act, error or omission committed or alleged to have been committed by the employee while acting in their capacity as employee; and d. the parent, spouse, domestic partner, civil partner or child of any employee but only in respect of any claim made against them by reason of: ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 24 i. their status as parent, spouse, domestic partner, civil partner or child of the employee; or ii. their ownership or interest in property which the claimant seeks as recovery for an alleged act, error or omission committed by the employee while acting in their capacity as employee. We will not make any payment under this Policy: EXCLUSIONS RELATING TO PROFESSIONAL LIABILITY In respect of INSURING CLAUSE 1 only: 1. Unauthorized funds transfer arising directly out of any authorized or unauthorized electronic transfer of funds or financial assets, including where this results in any outstanding debt. EXCLUSIONS RELATING TO COMMERCIAL GENERAL LIABILITY In respect of INSURING CLAUSE 7 only: 2. Communicable diseases arising directly or indirectly out of, or in any way relating to any actual, threat or fear of any pathogen or disease, including any virus, bacterium, parasite or variation of these, which can be transmitted by any means directly or indirectly from any organism to another organism and can cause, or have the potential to cause: a. damage to human health or welfare; or b. physical damage or destruction to tangible property, including the deterioration, loss of use or reduction in value or marketability of the tangible property. 3. Cyber events arising directly or indirectly out of any cyber event. 4. Faulty workmanship for the cost to repair or replace, including any ensuing financial loss: a. that part of any property that has been damaged by you, or a third party operating on your behalf, during its construction, distribution or installation; b. that part of any property as a direct result of faulty workmanship by you, or a third party operating on your behalf, during its construction or installation; or c. any undamaged property that contains any product, unless the product which the property contains has been damaged as a direct result of a sudden, unintended and unexpected incident after it has left your care, custody or control. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 I' cfc 25 S. Financial loss arising directly or indirectly out of third party financial loss, other than third party financial loss directly resulting from bodily injury, personal injury, advertising injury or property damage. 6. Land or water arising directly or indirectly from damage by any description to land or water within or below the boundaries of any land or premises presently or at any time previously owned or leased by you or otherwise in your care, custody or control. 7. Long term hired or leased automobiles arising directly or indirectly out of any bodily injury or property damage caused: a. whilst driving an automobile which has been on hire from or leased to you by a third party for more than 30 consecutive days; or b. by any trailer attached to an automobile stated in a. above. 8. Marine and aviation arising directly or indirectly from the ownership, possession or use by you, or on your behalf, of a ny: a. watercraft, other than any hovercraft, in excess of 10 meters in length; or b. aircraft, drone, hovercraft, offshore installation, offshore rig or offshore platform. 9. Property in your care, custody or control arising directly or indirectly out of property damage to third party property which is in your care, custody or control. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTIONS E, H and I only). In respect of INSURING CLAUSE 7, SECTION B: 10. Content advertised prior to the continuity date arising directly or indirectly out of any advertisement that was first published prior to the continuity date. In respect of INSURING CLAUSE 7, SECTION G: 11. Benefit laws arising directly or indirectly out of your failure to comply with the mandatory provisions of any law concerning workers' compensation, unemployment insurance, social security, disability benefits or pension benefits. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 26 12. Employee benefit program advice arising directly or indirectly from advice given to any person to participate or not to participate in any plan included in your employee benefit program or the failure of any investment to perform as represented by you. EXCLUSIONS RELATING TO ALL INSURING CLAUSES 13. Advertising injury arising directly or indirectly out of advertising injury. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTION B only). 14. Antitrust for or arising out of any actual or alleged antitrust violation, restraint of trade, unfair competition, false, deceptive or unfair trade practices, violation of consumer protection laws or false or deceptive advertising other than any covered portion of any claim based on your alleged unauthorized use of a third party's trademark. 15. Asbestos arising directly or indirectly out of the manufacturing, mining, use, sale, installation, removal, distribution of or exposure to asbestos, materials or products containing asbestos or asbestos fibers or asbestos dust. 16. Associated companies a. in respect of any claim made by any company, firm or partnership in which the company has greater than a 15% executive or financial interest, unless the claim emanates from an independent third party; b. in respect of any claim made by any company, firm, partnership or individual which has greater than a 15% executive or financial interest in the company, unless the claim emanates from an independent third party; c. arising out of or resulting from any of your activities as a trustee, partner, officer, director or employee of any employee trust, charitable organization, corporation, company or business other than that of the company; or d. in respect of any claim made by or on behalf of the company against a third party. 17. Auto arising directly or indirectly from the ownership, possession or use of any motor vehicle or trailer other than bodily injury or property damage: a. caused by the use of any tool or equipment forming part of or attached to or used in connection with any motor vehicle or trailer; b. occurring beyond the limits of any carriageway or thoroughfare and caused by the loading or unloading of any motor vehicle or trailer; ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 27 c. arising out of the use of any motor vehicle or trailer temporarily in your custody or control for the purpose of parking; or d. occurring beyond the limits of any carriageway or thoroughfare and caused by the use of any unlicensed vehicle, including but not limited to snowmobiles and all -terrain vehicles, in the course of your business activities; provided always that we will not make any payment in respect of any legal liability for which compulsory insurance or security is required by legislation or for which a government or other authority has accepted responsibility. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTIONS H and I only). 18. Betterment which results in you being in a better financial position or you benefitting from upgraded versions of your computer systems as a direct result of the event which gave rise to the claim under this policy. However, this Exclusion will not apply to INSURING CLAUSE 6 (SECTION B only). 19. Bodily injury in respect of INSURING CLAUSES 1 and 2, arising directly or indirectly out of bodily injury. However, this Exclusion will not apply to: a. INSURING CLAUSES 1 (SECTION A only) and 2 (SECTION F only); and b. INSURING CLAUSES 1 (SECTION D only) and 2 (SECTIONS A, B and C only) for any claim as a direct result of mental injury or emotional distress. 20. Breach of contract arising directly out of any breach of contract. However, this Exclusion will not apply to: a. INSURING CLAUSE 1 (SECTIONS A, B and D only); and b. INSURING CLAUSE 7, if liability would have attached in the absence of that contract. 21. Chargebacks for any credit card company or bank, wholly or partially, reversing or preventing a payment transaction, unless specifically covered under INSURING CLAUSE 2 (SECTION E only) for which you have purchased coverage. 22. Collection of private data without consent arising directly or indirectly out of any actual or alleged failure to obtain consent or agreement from any private individual before collecting, storing or processing any of their ©1999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc 28 personal information, including personally identifiable information (PII), internet search history and internet browsing habits. 23. Core infrastructure failure in respect of INSURING CLAUSES 2, 3, 4, 5, 6 and 9, arising directly or indirectly out of any: a. failure, material degradation or termination of any core element of the internet, telecommunications or GPS infrastructure that results in a regional, countrywide or global outage of the internet or telecommunications network, including a failure of the core DNS root servers, satellite network or the IP addressing system or an individual state or non -state actor disabling all or part of the internet; b. failure in the power supply, including where the failure is caused by any surge or spike in voltage, electrical current or transferred energy; or c. failure, disruption or reduction in the supply of utilities, including telecommunications, gas and water infrastructure or services. 24. Cryptocurrency arising directly or indirectly out of any: a. theft or loss of; or b. provision of, or failure to provide, any advice, consultancy or any other services or activities relating to; any crypto asset, including cryptocurrency, utility tokens, securities tokens, ecosystem tokens or any other type of digital currency. 25. Directors and officers liability arising out of any personal liability incurred by your senior executive officers when they are acting in that capacity or managing you, or arising from any statement, representation or information regarding your business contained within any accounts, reports or financial statements. However, this Exclusion will not apply to INSURING CLAUSE 2 (SECTION C only). 26. Employers' liability arising directly or indirectly out of bodily injury to your employees. 27. Employment disputes arising directly or indirectly out of any: a. employer -employee relations, policies or practices; b. actual or alleged refusal to employ any person; c. actual or alleged breach by any employee of any term or condition of any express or implied contract between them and any past employer of theirs, including breaching ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 29 any restrictive covenant, covenant not to compete, non -disparagement agreement, confidentiality agreement or non -solicitation agreement; or d. actual or alleged conduct by you that defames, libels, slanders, disparages or harasses any past employer of any employee or interferes with any past, present or prospective employment or contractual relationship between any employee and any past employer of theirs. 28. ERISA based upon the Employment Retirement Income Security Act of 1974, and any amendment thereto, or any rules or regulations promulgated thereunder. 29. Extended warranty arising directly or indirectly out of any extended warranty agreement, unless liability would have attached in the absence of that agreement. 30. Insolvency arising out of or relating directly or indirectly to your insolvency or bankruptcy, or the insolvency or bankruptcy of any third party. However, your insolvency will not relieve us of any of our legal obligations under this contract of insurance where this insolvency does not give rise to a claim under this Policy. 31. Intellectual property rights and defamation arising directly or indirectly out of defamation or any infringement of intellectual property rights. However, this Exclusion will not apply to INSURING CLAUSES 1 (SECTION D only) or 7 (SECTION B only). 32. Joint venture arising directly or indirectly out of any: a. activities related to a joint business venture between you and any third party or any entity that is owned or controlled in part by you or any third party related to the joint business venture; or b. claim made against you by any third party related to a joint business venture or any entity that is owned or controlled in part by any third party related to the joint business venture. 33. Known claims and circumstances arising out of any actual or suspected cyber event, claim, loss, operator error, system failure or circumstance which might give rise to a claim under this Policy which a senior executive officer was aware of, or ought reasonably to have been aware of, prior to the continuity date, including any claim or circumstance notified to any other insurer. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 30 34. Legal action where any legal action is brought outside the legal action territories stated in the Declarations page, or where an action is brought within those territories to enforce a judgment outside of those territories whether by way of reciprocal agreement or otherwise. 35. Liquidated damages, service credits and penalty clauses for liquidated damages or service credits, or arising out of penalty clauses unless you would have been liable in the absence of any contract stipulating the liquidated damages or service credits or penalty clauses. 36. Loss of economic value for the reduction in economic or market value (including loss of potential future sales) of any of your intellectual property assets. 37. Misleading advertising arising directly or indirectly from any advertisement, promotion or product description that is actually or alleged to be false or misleading. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTION B only). 38. Nuclear arising directly or indirectly from or contributed to by: a. ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel; or b. the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component. 39. Other insurance for which you are entitled to indemnity under any other insurance except for: a. any additional sum which is payable over and above the other insurance where that insurance has been declared to us; or b. any contribution that we are obliged to make by law and that contribution will be in proportion to the indemnity available under the Policies. 40. Patent infringement arising directly or indirectly out of the actual or alleged infringement or inducement of infringement of any patent, including any application for a patent that has not yet been granted. 41. Payment card industry related fines, penalties and assessments for fines, penalties and card brand assessments, including fraud recoveries, operational reimbursements, non -cooperation costs and case management fees which you become ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 31 legally obliged to pay your acquiring bank or payment processor as a direct result of a payment card breach. However, this Exclusion will not apply to INSURING CLAUSE 2 (SECTION E only). 42. Personal injury arising directly or indirectly out of personal injury. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTION B only). 43. Personal liability in respect of any action brought against any past, present or future employee, unless arising directly out of work performed for the company. 44. Pollution arising directly or indirectly out of pollution. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTION D only). 45. Product recall for the costs to withdraw, recall, dispose, remove, repair, adjust, alter, recondition, replace or reinstate, any product or part of a product. However, this Exclusion will not apply to INSURING CLAUSE 1 where you are legally liable for those costs as the direct result of any act, error or omission committed by you. 46. Products liability arising directly out of any bodily injury or property damage caused directly by any product. However, this Exclusion will not apply to INSURING CLAUSE 7 (SECTION C only). 47. Property damage in respect of INSURING CLAUSES 1, 2, 3, 4, 5, 6 and 9, arising directly or indirectly out of property damage. However, this Exclusion will not apply to: a. INSURING CLAUSE 1 (SECTION A only) b. INSURING CLAUSE 6 (SECTION B only), in respect of the cost of repairing any hardware or replacing any tangible property or equipment that forms part of your computer systems. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 32 48. Property perils in respect of INSURING CLAUSES 2, 3, 4, 5, 6 and 9, arising directly or indirectly out of any fire, earthquake or earth movement of any kind, flood, hail, hurricane, lightning strike, solar storm, tornado, tsunami, volcano, wildfire or windstorm. 49. Related or associated company confidential business information arising directly or indirectly out of any actual or alleged misappropriation, unauthorized use or disclosure by any employee of any idea, trade secret or other confidential business information which they were a party to or which they otherwise had possession of prior to being employed by the company. However, this Exclusion will not apply to INSURING CLAUSE 2 (SECTION A only) solely in respect of any claim arising out of any actual or suspected electronic attack or unauthorized system access by any third party. 50. Retroactive date in respect of INSURING CLAUSES 1 and 7 (SECTION G only), arising out of any act, error or omission committed or alleged to have been committed on or before the retroactive date, or any related or continuing acts, errors or omissions where the act, error or omission was first committed or alleged to have been first committed on or before the retroactive date. 51. RICO for any actual or alleged violations of the Racketeer Influenced and Corrupt Organization Act and any subsequent amendments to this Act. 52. Securities violations for any actual or alleged violation of any laws or regulations relating to the offer or sale of securities. 53. Seizure of illegal property arising from an order by a public or government authority which deprives you of the use or value of your property or arising from acts of contraband or illegal transportation or illegal trade. 54. Terrorism arising directly or indirectly out of: a. any act or threat of force or violence by an individual or group, whether acting alone or on behalf of or in connection with any organization or government, committed for political, religious, ideological or similar purposes including the intention to influence any government or to put the public, or any section of the public, in fear; or b. any action taken in controlling, preventing, suppressing or in any way relating to a. a bove. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 33 However, this Exclusion does not apply to a cyber event affecting your computer systems or a supply chain partner's computer systems. 55. Toxic mold arising directly or indirectly from the toxic properties of any fungus, mold, mildew or yeast. 56. Uninsurable fines for fines, penalties, civil or criminal sanctions, and for multiple, punitive or exemplary damages, unless insurable by law. 57. Unjust enrichment for that part of any claim that results in you being in a better financial position as a direct result of your act, error or omission than you would have been if you had not committed the act, error or omission. However, this Exclusion will not apply to any refund of any fee, other than the part of the fee that representsyour profit or mark-up or liability for taxes. 58. Unlawful surveillance in respect of any actual or alleged eavesdropping, wiretapping, or unauthorized audio or video recording committed byyou or by a third party on your behalf. 59. Unsolicited communications arising directly or indirectly from any actual or alleged violation of: a. the CAN-SPAM Act of 2003 or any subsequent amendments to that Act; b. the Telephone Consumer Protection Act (TCPA) of 1991 or any subsequent amendments to that Act; or c. any other law, regulation or statute relating to unsolicited communication, distribution, sending or transmitting of any communication via telephone or any other electronic or telecommunications device. However, this Exclusion will not apply to INSURING CLAUSE 2 (SECTION A only). 60. War and cyber war arising directly or indirectly out of: a. war; or b. cyber war. However, part b. above will not apply to: a. INSURING CLAUSE 3 (SECTION A only); and b. that part of any claim relating to any computer systems which are physically located outside of an impacted state. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc 34 61. Website and application content accessibility arising directly or indirectly out of the actual or alleged violation of any laws, regulations or guidelines relating to the accessibility of your website or application content, or any website or application contentyou have created for any third party. 62. Willful or dishonest acts of senior executive officers arising directly or indirectly out of any willful, criminal, malicious or dishonest act, error or omission by a senior executive officer as determined by final adjudication, arbitral tribunal or written admission. 1. What you must do in the event of a claim or cyber incident If any senior executive officer becomes aware of any incident which may reasonably be expected to give rise to a claim under this Policyyou must: a. notify the claims managers as soon as is reasonably practicable (in respect of cyber incidents, a telephone call to our cyber incident response line will constitute notification). However, this notification must be made no later than the end of any applicable extended reporting period; b. in respect of INSURING CLAUSES 4 and 5, report the theft or incident as soon as is reasonably practicable to the appropriate law enforcement authorities and provide us with a copy of this report on our request; c. in respect of INSURING CLAUSE 5, not incur any costs or promise any payment, including any ransom payment, without our prior written agreement (which will not be unreasonably withheld); d. not admit liability for or settle or make or promise any payment or incur any costs and expenses without our prior written agreement (which will not be unreasonably withheld); and e. provide us in a timely manner with any other information and assistance that we may request. In respect of INSURING CLAUSES 1 and 7 (SECTION G only), if you notify an incident that we agree is reasonably expected to give rise to a claim, we will accept any claim that arises out of the incident as being notified under this Policy. We require you to provide full details of the incident, including but not limited to: a. the time, place and nature of the incident; b. the manner in which you first became aware of this incident; ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 35 c. the reasons why you believe that this incident could give rise to a claim under this Policy; d. the identity of the potential claimant; and e. an indication as to the size of the claim that could result from this incident. In respect of INSURING CLAUSES 2, 3, 4, 5, 6 and 9, if you discover a cyber event you may only incur costs, other than costs incurred to respond to an extortion demand (including any ransom payment), without our prior written consent within the first 72 hours following the discovery and any third party costs incurred must be with a company forming part of the approved claims panel providers. All other costs may only be incurred with the prior written consent of the claims managers (which will not be unreasonably withheld). 2. Additional insureds We will indemnify any third party as an additional insured under this Policy, but only in respect of sums which they become legally obliged to pay (including liability for claimants' costs and expenses) as a result of a claim arising solely out of an act committed by you, provided that: a. you contracted in writing to indemnify the third party for the claim prior to it first being made against them; and b. had the claim been made against you, then you would be entitled to indemnity under this Policy. Before we indemnify any additional insured they must: a. prove to us that the claim arose solely out of an act committed by you; and b. fully comply with CONDITION 1 as if they were you. Where we indemnify a third party as an additional insured under this Policy, this Policy will be primary and non-contributory to the third party's own insurance, but only if you and the third party have entered into a contract that contains a provision requiring this. Where a third party is treated as an additional insured as a result of this Condition, any claim made by that third party against you will be treated by us as if they were a third party and not as an insured. 3. Agreement to pay claims (duty to defend) We have the right and duty to take control of and conduct in your name the investigation, settlement or defense of any claim. We will not have any duty to pay costs and expenses for any part of a claim that is not covered by this Policy. You may ask the claims managers to consider appointing your own lawyer to defend the claim on your behalf and the claims managers may grant your request if they consider your ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 36 lawyer is suitably qualified by experience, taking into account the subject matter of the claim, and the cost to provide a defense. We will endeavor to settle any claim through negotiation, mediation or some other form of alternative dispute resolution and will pay on your behalf the amount we agree with the claimant. If we cannot settle using these means, we will pay the amount which you are found liable to pay either in court or through arbitration proceedings, subject to the limit of liability. We will not settle any claim without your consent. If you refuse to provide your consent to a settlement recommended by us and elect to continue legal proceedings in connection with the claim, any further costs and expenses incurred will be paid by you and us on a proportional basis, with 50% payable by us and 50% payable by you. As a consequence of your refusal, our liability for the claim, excluding costs and expenses, will not be more than the amount for which the claim could have been settled. 4. Application warranty You agree that all statements made by you in the application form, including any renewal application form, and any supplemental materials you have supplied in support of the application for insurance, are your agreements and representations to us and the Policy is issued in reliance upon that information. The misrepresentation or non -disclosure of any matter by you or your agent will render this Policy null and void and relieve us from all liability under this Policy. 5. Calculation of business interruption losses Following an interruption to your business activities covered under INSURING CLAUSE 6 (SECTIONS C, D, E or F only), you must provide us with your calculation of the loss including: a. how the loss has been calculated and what assumptions have been made; and b. supporting documents including account statements, sales projections and invoices. 6. Cancellation This Policy may be canceled with 30 days written notice by either you or us. If you give us notice of cancellation, the return premium will be in proportion to the number of days that the Policy is in effect. However, if you have made a claim under this Policy there will be no return premium. If we give you notice of cancellation, the return premium will be in proportion to the number of days that the Policy is in effect. We also reserve the right of cancellation in the event that any amount due to us by you remains unpaid more than 60 days beyond the inception date. If we exercise this right of cancellation it will take effect from 14 days after the date the written notice of cancellation is issued. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 37 The Policy Administration Fee will be deemed fuIlyearned upon inception of the Policy. 7. Continuous cover In respect of INSURING CLAUSES 1 and 7 (SECTION G only), if during the period of a previous renewal of this Policy you neglected, through error or oversight only, to report to us an incident that might give rise to a claim, then provided you have maintained uninterrupted insurance of the same type with us since expiry of the previous renewal of this Policy, we will permit the incident to be reported to us under this Policy and we will indemnify you under this Policy in respect of any claim that arises out of the incident, provided: a. the indemnity will be subject to the applicable limit of liability of the previous renewal of this Policy under which the incident should have been reported to us or the applicable limit of liability, whichever is the lower; b. we may reduce the indemnity entitlement by the monetary equivalent of any prejudice which has been suffered as a result of the delayed notification; and c. the indemnity will be subject to all other terms and conditions of this Policy. We require you to provide full details of the incident, including but not limited to: a. the time, place and nature of the incident; b. the manner in which you first became aware of this incident; c. reasons why you believe that this incident could give rise to a claim; d. the identity of the potential claimant; and e. an indication as to the size of the claim that could result from this incident. For the avoidance of doubt, this Condition only applies to incidents that might give rise to a claim. 8. Cross liability and severability In respect of INSURING CLAUSE 7 only, where there is more than one entity insured under this Policy, and subject to the limit of liability, any claim made by one insured entity against another insured entity will be treated as if they are a third party and knowledge possessed by one insured entity will not be imputed to any other insured entity. 9. Dispute resolution All disputes or differences between you and us will be referred to mediation or arbitration and will take place in the country of registration of the company named as the insured in the Declarations page. In respect of any arbitration proceeding we will follow the applicable rules of the arbitration association in the country where the company stated as the insured in the Declarations page is registered, the rules of which are deemed incorporated into this Policy by reference to this Condition. Unless the applicable arbitration association rules state otherwise, a single ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 38 arbitrator will be appointed who will be mutually agreed between you and us. If you and we cannot agree on a suitable appointment then we will refer the appointment to the applicable arbitration association. Each party will bear its own fees and costs in connection with any mediation or arbitration proceeding but the fees and expenses of the arbitrator will be shared equally between you and us unless the arbitration award provides otherwise. Nothing in this Condition is intended to remove your rights under CONDITION 22. However, if a determination is made in any mediation or arbitration proceeding, CONDITION 22 is intended only as an aid to enforce this determination. 10. Fraudulent claims If it is determined by final adjudication, arbitral tribunal or written admission by you, that you notified us of any claim knowing it to be false or fraudulent in any way, we will have no responsibility to pay that claim, we may recover from you any sums paid in respect of that claim and we reserve the right to terminate this Policy from the date of the fraudulent act. If we exercise this right, we will not be liable to return any premium to you. However, this will not affect any non -fraudulent claim under this Policy which has been previously notified to us. 11. Extended reporting period An extended reporting period of 60 days following the expiry date will be automatically granted at no additional premium. This extended reporting period will cover, subject to all other terms, conditions and exclusions of this Policy: a. in respect of INSURING CLAUSES 1 and 7 (SECTION G only), any claim first made against you during the period of the policy and reported to us during this extended reporting period; b. in respect of INSURING CLAUSES 2, 3, 4, 5, 6 and 9, any cyber event, loss, operator error or system failure first discovered byyou during the period of the policy and reported to us during this extended reporting period; and c. any circumstance that a senior executive officer became aware of during the period of the policy and reports to us during this extended reporting period. No claim will be accepted by us in this 60 day extended reporting period if you are entitled to indemnity under any other insurance, or would be entitled to indemnity under such insurance if its limit of liability was not exhausted. 12. Optional extended reporting period If we or you decline to renew or cancel this Policy then you will have the right to have issued an endorsement providing an optional extended reporting period for the duration stated in the Declarations page which will be effective from the cancellation or non -renewal date. 91999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 C cfc 39 This optional extended reporting period will cover, subject to all other terms, conditions and exclusions of this Policy: a. in respect of INSURING CLAUSES 1 and 7 (SECTION G only), any claim first made against you and reported to us during this optional extended reporting period, provided that the claim arises out of any act, error or omission committed prior to the date of cancellation or non -renewal; and b. in respect of INSURING CLAUSES 2, 3, 4, 5, 6 and 9, any cyber event, loss, operator error or system failure first discovered by you during this optional extended reporting period, provided that the cyber event, loss, operator error or system failure first occurred during the period of the policy. If you would like to purchase the optional extended reporting period you must notify us and pay us the optional extended reporting period premium stated in the Declarations page within 30 days of cancellation or non -renewal. The right to the optional extended reporting period will not be available to you where cancellation or non -renewal by us is due to non-payment of the premium or your failure to pay any amounts in excess of the applicable limit of liability or within the amount of the applicable deductible as is required by this Policy in the payment of claims. At the renewal of this Policy, our quotation of different premium, deductible, limits of liability or changes in policy language will not constitute non -renewal by us. 13. Maintenance of employee automobile liability insurance It is a condition precedent to indemnity under INSURING CLAUSE 7 (SECTIONS H and I only) that all employees who operate an automobile in the course of your business activities will maintain in full force and effect for the period of the policy primary automobile liability insurance in an amount equal to, or greater than, the minimum primary automobile liability limits required in the state of registration of the automobile. If you make a claim under INSURING CLAUSE 7 (SECTIONS H and I only) and the employee has failed to meet these requirements then this Policy will only respond to provide excess coverage as though the requirements had been met, wherebyyou agree to pay all sums within and up to the required minimum limit. 14. Mergers and acquisitions Ifyou acquire an entity during the period of the policywhose annual revenue does not exceed 20% of the company's annual revenue, as stated in its most recent annual financial statements, cover is automatically extended under this Policy to include the entity as a subsidiary. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technology v5.0 q cfc 40 If you acquire an entity during the period of the policy whose annual revenue exceeds 20% of the company's annual revenue, as stated in its most recent annual financial statements, cover is automatically extended under this Policy to include the entity as a subsidiary for 45 days. We will consider providing cover for the acquired entity after the period of 45 days if: a. you give us full details of the entity within 45 days of its acquisition; and b. you accept any amendment to the terms and conditions of this Policy and agree to pay any additional premium required by us. In the event you do not comply with a. and b. above, cover will automatically terminate for the entity 45 days after the date of its acquisition. If we agree to cover the acquired entity we will issue a mergers and acquisitions endorsement noting the acquired entity has cover under this Policy. If no endorsement is issued cover will automatically terminate for the entity 45 days after the date of its acquisition Cover for any acquired entity is only provided under this Policy for any act, error or omission committed or alleged to have been committed on or after the date of its acquisition. No cover will be automatically provided under this Policy for any acquired entity: a. whose business activities are materially different from your business activities; b. that has been the subject of any lawsuit, disciplinary action or regulatory investigation in the 3 year period prior to its acquisition; or c. that has experienced a cyber event in the 3 years period prior to its acquisition, if you have purchased INSURING CLAUSES 2, 3, 4, 5, 6 or 9 and the cyber event cost more than the highest deductible of INSURING CLAUSES 2, 3, 4, 5, 6 or 9. 15. Run-off cover In the event you consolidate, merge with or are acquired by another entity during the period of the policy, then cover under this Policy will continue to apply but only in respect of any act, error or omission committed or alleged to have been committed prior to the effective date of the consolidation, merger or acquisition. 16. New subsidiaries If you create an entity during the period of the policy cover is automatically extended under this Policy to include the entity as a subsidiary for 45 days. We will consider providing cover for the created entity after the period of 45 days if: a. you give us full details of the entity within 45 days of its creation; and b. you accept any amendment to the terms and conditions of this Policy and agree to pay any additional premium required by us. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 C cfc 41 In the event you do not comply with a. and b. above, cover will automatically terminate for the entity 45 days after the date of its creation. Cover for any created entity is only provided under this Policy for any act, error or omission committed or alleged to have been committed on or after the date of its creation. No cover will be automatically provided under this Policy for any created entity whose business activities are materially different from your business activities. 17. Our rights of recovery If we make any payment under this Policy and you have any right of recovery against a third party in respect of this payment, then we will maintain this right of recovery. You will do whatever is reasonably necessary to secure this right and will not do anything after the event which gave rise to the claim to prejudice this right. We will not exercise any rights of recovery against any employee, unless this is in respect of any fraudulent or dishonest acts or omissions as proven by final adjudication, arbitral tribunal or written admission by the employee. Any recoveries will be applied as follows: a. towards any recovery expenses incurred by us; b. then to us up to the amount of our payment under this Policy, including costs and expenses; c. then to you as recovery of your deductible. 18. Prior subsidiaries Should an entity cease to be a subsidiary after the inception date, cover in respect of the entity will continue as if it was still a subsidiary during the period of the policy, but only in respect of an act, error, omission or event occurring prior to the date that it ceased to be a subsidiary. 19. Process for paying privacy breach notification costs Any privacy breach notification transmitted by you or on your behalf must be done with our prior written consent. We will ensure that notification is compliant with any legal or regulatory requirements and contractual obligations and transmitted using the most cost effective means permissible under the governing law. No offer must be made for financial incentives, gifts, coupons, credits or services unless with our prior written consent which will only be provided if the offer is commensurate with the risk of harm. We will not be liable for any portion of the costs you incur under INSURING CLAUSE 3 (SECTION E only) that exceed the costs that you would have incurred had you gained our prior written consent. In the absence of our prior written consent we will only be liable to pay ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 f cfc 42 you the equivalent cost of a notification made using the most cost effective means permissible under the governing law. If a senior executive officer becomes aware that a client has suffered a privacy breach, you and we agree that you will: a. endeavor as much as is reasonably practicable that any privacy breach notification transmitted by or on behalf of your client is compliant with any legal or regulatory requirements and contractual obligations and transmitted using the most cost effective means permissible under the governing law; and b. fully comply with CONDITION 1. 20. Waiver of subrogation Notwithstanding CONDITION 17, we agree to waive our rights of recovery against any third party if, prior to the claim or incident which you reasonably expected to give rise to a claim, you entered into a contract that contains a provision requiring you to do this. 21. Sanctions suspension It is a condition under this Policy that the provision of cover, the payment of any claim and the provision of any benefit will be suspended, to the extent that the provision of the cover, payment of the claim or provision of the benefit would expose us to any sanction, prohibition or restriction under the United Nations resolutions or the trade or economic sanctions, laws or regulations of Australia, Canada, the European Union, United Kingdom or United States of America. The suspension will continue until such time we would no longer be exposed to the sanction, prohibition or restriction. 22. Choice of law, jurisdiction and service of suit In the event of a dispute between you and us regarding this Policy, the dispute will be governed by the laws of the State of the United States of America shown as the choice of law stated in the Declarations page. We agree, at your request, to submit to the jurisdiction of a court of competent jurisdiction within the United States of America. Nothing in this Condition constitutes or should be understood to constitute a waiver of our rights to commence an action in any court of competent jurisdiction in the United States of America, to move an action to a United States District Court, or to seek a transfer of a case to another court as permitted by the laws of the United States of America or the laws of any State of the United States of America. It is further agreed that service of process in such suit may be made upon the representative stated in the Declarations page and that in any suit instituted against us, we will abide by the final decision of such court or of any appellate court in the event of an appeal. The representative stated in the Declarations page is authorized and directed to accept service of ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 r cfc 43 process on our behalf in any such suit and, at your request, to give a written undertaking to you that they will enter a general appearance on our behalf in the event such suit is instituted. Additionally, in accordance with the statute of any state, territory or district of the United States which makes such a provision, we hereby designate the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as our true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by you arising out of this Policy. The representative stated in the Declarations page is hereby designated as the person to whom the above mentioned officer is authorized to mail such process or a copy thereof. ©1999-2025 CFC Underwriting Limited. All rights reserved. Technologyv5.0 4P cfc cyber security tools for tech firmsro�-�� a „y P We believe that CFC's tech policy should work for you from day / one. Take a few minutes to learn about the free cyber security tools that sit seamlessly alongside your policy. Through our award -winning app, Response, you'll get access to a variety of proactive cyber cyber security tools and services including: Real-time threat alerts We proactively monitor our customer base and analyse the latest cyber claims. If we spot a problem specific to your business, we'll reach out to directly via the app with guidance on how to rectify any issues. Phishing simulations Targeting members of your team whose credentials are the most vulnerable, these simulations send mock phishing emails in order to raise awareness of this criminal tactic. Dark web monitoring This tool scours the dark web for information relating to your business to ensures customers credentials aren't in the wrong hands. Deep scanning This service actively scans the external network footprint to identify potential threats and vulnerabilities within an insureds network. Cybersecurity advice Get in touch with our global cyber security team for expert technical support. ------------------------------------- Outside of the app, our tech policyholders also benefit from the following: Legal contract publishing tool We have teamed with LawDepot to provide you access to a publishing tool which will empower you to generate custom legal documents, contracts and forms. Contract best practices guidebook Our easy -to -read guidance sheet will helpyou negotiateyourwaythrough the legal minefield of contracts in the tech industry. To take advantage of these tools, please email us at tech _ cfc.com i --------------------------------------- POLICY NUMBER: ESO0040569385 THE INSURED: Syntech Group Inc INCEPTION DATE: 05 Nov2025 Bass Underwriters, Inc. License number OD06519 455 University Avenue Suite 330 Sacramento CA 95825 For Surplus Lines Taxes filing purposes, stated below is the premium allocated to the insuring clauses purchased and the mix of insurers providing the security. Coverage: Cyber & Privacy, Professional indemnity E&O Premium: USD5000.0 UMR: B087525C9N5051, of which the insurers are: Lloyd's syndicates: One Lime Street, London EC3M 7HA, UK CFC 1988 32.000000% USD1600.00 CGM 2488 8.000000% USD400.00 MKL3000 6.000000% USD300.00 ASP 4711 7.000000% USD350.00 WSM 1200 5.750000% USD287.50 QPS 5555 5.000000% USD250.00 AFB 5623 4.500000% USD225.00 CNP 4444 3.500000% USD175.00 CBN 4747 3.500000% USD175.00 CSL 1084 3.500000% USD175.00 AWH 2232 2.500000% USD125.00 AML2001 1.500000% USD75.00 EVE 2786 1.250000% USD62.50 AES 1225 1.000000% USD50.00 Other insurers: Zurich Insurance Company 12.000000% USD600.00 70 Mark Lane, London, EC3R 7NQ, GB Ltd Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved. AXA XL Insurance Company 3.000000% USD150.00 20 Gracechurch St, London, EC3V OBG, UK Limited GB Unique Market Reference No. B087525C9N5051 ©1999-2025 CFC Underwriting Limited. All rights reserved.