Subject

These general terms and conditions (“General Terms”) supplement the individual service agreement (“Individual Service Agreement”) concluded between Grant Thornton Consulting Kft. (“Grant Thornton”) and the client specified in the individual service agreement (“Client”). Unless specified otherwise, terms applied in these General Terms shall have the meaning attached to them in the Individual Service Agreement.

The contents of legal relations between Grant Thornton and the Client shall be ranked in the following order: (1) mandatory law, (2) the Individual Service Agreement, (3) the List of Services, (4) the Tariff List, (5) the present General Terms, and, finally, (6) the relevant non-mandatory laws. In case the provisions of the Individual Service Agreement differ from the present General Terms, the provisions of the Individual Service Agreement must be applied.

Under this Agreement, Grant Thornton shall provide the Services considering exclusively the laws of Hungary.

Grant Thornton shall be entitled to continuously review these General Terms and Conditions and, where necessary, implement clarifying additions or amendments, provided that such changes do not result in any adverse consequences for the Client.

General Rights And Obligations

During the term of this Agreement the Client shall inform Grant Thornton without delay about the commencement of any and all administrative proceedings associated with the Services provided by Grant Thornton under this Agreement.

Grant Thornton is not obliged to provide the Services if an insolvency, bankruptcy, forced or voluntary liquidation procedure (i.e.: fizetésképtelenségi eljárás, csődeljárás, kényszertörlés kényszervégelszámolás, végelszámolás in Hungarian) is pending against the Client.

Grant Thornton shall allocate its resources as it finds appropriate. Grant Thornton shall determine the place where Services are provided, unless the nature of the Services limits Grant Thornton’s choice.

Grant Thornton is only obliged to monitor amendments in the laws and interpretations and to inform the Client thereof following the date of and in relation to any given advice, if the engagement specifically and expressly provides for such an obligation in writing.

Grant Thornton provides the Services on the basis of its professional interpretation of the effective legal regulations, considering the relevant practice known to Grant Thornton. However, the interpretation of the tax and other authorities, competent courts may differ from the position taken by Grant Thornton, even if Grant Thornton acts with generally acceptable professional care.

The Client accepts that Grant Thornton might engage subcontractors for the performance of this Agreement, for which Grant Thornton is liable as for its own performance. For services beyond the subject of this Agreement or requiring special expertise (e.g.: lawyers, technical experts) Grant Thornton will employ subcontractors or experts only at the Client’s expressed written request, in which case Grant Thornton shall not be liable for the correctness or accuracy of these services.

Unless expressly agreed otherwise, all Services will be provided by Grant Thornton in response to specific Client requests. Such requests can be made verbally or in writing (also by e-mail) and require acceptance by Grant Thornton (which acceptance can be made implicitly, by providing the requested service). Grant Thornton is not obliged to provide such Services without specific request by the Client.

As an alternative to the foregoing Sub-Section, the Parties may agree on the provision on continuous services (in particular in relation to accounting and payroll) which will be provided by Grant Thornton on a recurring basis subject to the terms agreed between the Parties, in particular in the List of Services.

Remuneration

For services invoiced on hourly basis the billing is in time intervals of 15 (fifteen) minutes.

Grant Thornton may adjust its fees with effect of 1 January in each calendar year. Fees calculated on a time spent basis shall be adjusted by sending an updated Tariff List to the Client (and implicit acceptance by the Client requesting the relevant Services). Adjustment of fixed monthly fees is subject to the approval of the Client in writing (also by email).

Grant Thornton shall send the invoice to the Client electronically or by mail. However, if Grant Thornton performs accounting services for the Client, the Client hereby appoints Grant Thornton to act as its delivery agent, thus Grant Thornton retains the original copy of the invoice within the Client’s accounting documents but a copy of the invoice shall be sent to the Client by e-mail in PDF-format. In this case the invoice is deemed to be delivered to the Client on the business day following the day on which the e-mail message containing the copy of the invoice is sent to the Client.

The Client shall inform Grant Thornton within 15 (fifteen) business days of delivery of the invoice, if it wants to challenge the invoice. The Client shall start the reconciliation with Grant Thornton immediately. Raising objections against Grant Thornton’s work shall not entitle the Client to retain the service fee.
The Client shall pay the invoice within 12 (twelve) calendar days from the issuance of the invoice via bank transfer to the bank account specified by Grant Thornton.

If the Client does not settle the invoice within 30 (thirty) calendar days of the payment deadline indicated thereon, Grant Thornton may suspend the provision of the Services until the settlement of the invoice.
Grant Thornton’s right to issue its invoice and the Client’s payment obligation is not subject and cannot made subject to the Client’s internal proceedings, such as issuance of a purchase order or registration of Grant Thornton into the Client’s systems.

Client shall reimburse Grant Thornton for the reasonable out-of-pocket costs and expenses incurred by Grant Thornton or any of its subcontractors in connection with providing the Services to the Client.

Liability Limitation

Grant Thornton’s liability for its acts and omissions in connection with the Agreement is limited as follows: The maximum aggregate amount of all liability claims of the Client against Grant Thornton in relation to this Agreement shall not exceed 50% of the damage case but maximum total of the fee of the services provided (in case of continuous services the fee of 3 months’ services). The liability limitation does not apply if and to the extent a limitation of liability is excluded by mandatory law (in particular in case of deliberate breach of contract).

The Client cannot enforce any claim in relation to this legal relationship directly against an employee or executive officer of Grant Thornton and may only claim the reimbursement of damages from Grant Thornton.

Information and Document Provision

Grant Thornton performs its activities on the basis of the data, information and documents provided by the Client. Grant Thornton shall not be liable for any damages arising from the incomplete, inaccurate or delayed provision of information by the Client.

The Client is responsible for the correctness of all of the data, information and documents provided by the Client or by third persons to Grant Thornton for the performance of this Agreement.

The Client shall provide or make available all relevant data, information and documents to Grant Thornton by the times and in the detail needed for the performance of the Services. In the event Grant Thornton has notified the Client of the relevant deadline for data provision, Grant Thornton is obliged to provide the Services within the statutory filing deadlines only if the Client has complied with such data provision deadline. The Client acknowledges that damages and disadvantages deriving from the delayed provision of the relevant data, information and documents to Grant Thornton, especially self-revision costs, late payment interest, tax authority sanctions shall be born exclusively by the Client and Grant Thornton shall not be liable for these.

Grant Thornton shall not examine the factual background of data, information and documents received. Grant Thornton shall not verify the accuracy of the facts and shall not verify the content or the legal background of the information or documents provided by the Client to Grant Thornton (e.g.: Grant Thornton shall not be obliged to examine whether the partners of the Client have valid tax numbers, it shall not be obliged if invoices have been issued in line with the underlying contract and/or facts).

In case Grant Thornton provides ongoing Services to the Client, in particular in case of payroll and accounting services, Grant Thornton is no obliged to assess any part of the related services provided to the Client prior to the commencement of this Agreement. Furthermore, in case Grant Thornton takes over existing practices, standards or principles from the previous service provider of the Client, especially any accounting or payroll practices, Grant Thornton is not obliged to assess the accuracy of application of such principles, practices or standards.

Grant Thornton stores documents received from the Client free of charge for the current financial year and returns them within 8 months’ after the closing of the financial year. If the Client fails to take over the documents, Grant Thornton can mail them as postal consignments to the address of the Client at the Client’s cost, liability and risk. The postal certificate of dispatch proves the delivery of the documents that shall be regarded as delivered to the Client.
Grant Thornton is entitled to determine the place and method of the storage of the retained documents.

Money-Laundering

General anti-money laundering obligations apply for the provision of the Services according to the relevant laws. Parties declare that under this Agreement they fully comply with the anti-money laundering obligations. The Client acknowledges that if it hinders objects or rejects Grant Thornton’s any anti-money laundering actions, Grant Thornton may not provide Services to the Client.

Consequently to the applicable legal regulation, in case Grant Thornton is subject to anti-money laundering obligations, the Client must provide data for identification by completing a client identification form.
Furthermore in case of any change in the previously provided data related to anti-money laundering during the service period, the Client must inform Grant Thornton within 5 days about the new piece of information and complete a new client identification form.

Termination

The Agreement can be terminated by either Party without explanation in the termination periods stipulated in the Individual Service Agreement.

If Grant Thornton provides the Services by different service lines (i.e. Payroll, Accounting or Tax Consulting), the part of this Agreement can be also terminated separately with regards to a specific service line only.

Should the continuous Services be terminated, Grant Thornton provides any further Services requested by the Client on a time spent basis.

Should the Client fail to meet its payment obligations by more than 30 calendar days, or repeatedly fail to meet its cooperation obligation, or otherwise seriously or repeatedly violates the provisions of this Agreement, or if the Client’s contact person cannot be reached, Grant Thornton may terminate this Agreement with immediate effect. Serious breach of contract includes in particular, if the Client fails to deliver the documents, materials or information necessary for the performance of Grant Thornton’s obligations within the relevant deadline and also fails to comply with its delivery obligation without delay despite Grant Thornton’s written notification.

The Client is entitled to terminate this Agreement with immediate effect if Grant Thornton seriously breaches the provisions of this Agreement and fails to remedy such breach within a reasonable deadline stated by the Client’s written notice.

Communication

The form of communication can be verbal or in writing.

Parties shall exchange their contact data and nominate contact persons. Parties shall update their contact data at least twice a year, but at least within 3 (three) days in case of changes.

The Parties accept as written form e-mail and fax messages as well, with the exception of modifications or a termination of this Agreement, which are only valid and effective if made and delivered in original documents signed by the legal representatives of the Parties.

Notices sent to the address specified herein by the other Party by registered mail are considered to be delivered on the 5th (fifth) day from posting.

Grant Thornton’s declaration regarding the acceptance of any liability or confirmation of breach of this Agreement or acknowledgement of malpractice shall only be valid and effective if made in writing and signed by Grant Thornton’s authorized representatives. Grant Thornton’s employees who are not authorized to sign on Grant Thornton’s behalf are also not authorized to make any declaration referred above.

Grant Thornton is not obliged to assess the authorization of persons acting on behalf of the Client. However, in case of reason to doubt, Grant Thornton is entitled to verify the authorization of the person acting on behalf of the Client, especially in case of conflict of interest.

Information or instructions shall be considered delivered to Grant Thornton, only if addressed to the contact person nominated by Grant Thornton for the relevant Service.

Data Protection

The Parties acknowledge the applicable regulations pertaining to the protection of personal data, in particular the General Data Protection Regulation (collectively hereinafter: “Data Protection Regulations”).

If and to the extent Grant Thornton qualifies as a controller in the meaning of Data Protection Regulations of personal data provided by the Client to Grant Thornton in connection with the Services, each Party is responsible for the compliance of the processing of personal data controlled by itself with Data Protection Regulations.

If and to the extent Grant Thornton qualifies as a processor of personal data on behalf of the Client in the meaning of Data Protection Regulations, the Parties will conclude a separate Data Processing Agreement to regulate their rights obligation regarding the processing of personal data provided to Grant Thornton by the Client.

Confidentiality

Grant Thornton shall be obliged to confidentiality regarding all information disclosed by the Client in course of performing Services to the Client, provided such information has been indicated as being confidential by the Client or its confidential nature is evident from the particulars of the information or the circumstances in which such information has been disclosed. No duty to confidentiality applies if Grant Thornton is exempted by the Client from such confidentiality, or bound by the law to disclose such information, or the receiving third party has knowledge of such information.

Grant Thornton shall be allowed to provide reports on the results of his activity, expert opinions and other written statements to third parties only subject to the Client’s prior approval, unless Grant Thornton is obliged by the law to do so.

It shall not be regarded as a breach of the confidentiality obligation, if Grant Thornton includes the name of the Client and the nature of the Services defined in this Agreement in its proposals and other reference materials.
Grant Thornton shall only provide the Client the electronic calculations spreadsheets made in relation to the Services in hard- copy or in excel format. Client acknowledges that any information or material provided by Grant Thornton to the Client is confidential in nature and commercially sensitive.

Without Grant Thornton’s prior explicit consent, Client is not entitled to use or reproduce any excel spreadsheet prepared by Grant Thornton except in the specific case for which it has been prepared.

No Third Party Reliance

Grant Thornton provides its Services only for the benefit of the Client. Works created by Grant Thornton under this Agreement shall not be disclosed to third parties or used in any other manner and Services performed to the Client cannot be disclosed to third parties without the expressed prior consent of Grant Thornton (unless third party disclosure is evident from the nature of the respective works). Even if the disclosure to a third party is allowed, the third party cannot rely on Grant Thornton’s works and no client relationship comes into effect between Grant Thornton and the third party. Unless so agreed in writing, Grant Thornton has no duty of care towards any third party.

The Client shall release and hold harmless Grant Thornton from and against any and all claims and liabilities enforced by third parties in relation to this Agreement.

No Employment Of Grant Thornton’s Employees

The Client undertakes not to employ any employee of Grant Thornton during the period of this Agreement and for 1 (one) more year after the termination of this Agreement and shall cause any of its affiliates to do likewise. By breaching this condition, the Client is obliged to pay a penalty in an amount equivalent to the respective employee’s gross salary in the 12 months prior to the termination of the employee’s employment with Grant Thornton, but minimum EUR 50,000 (fifty thousand euros).

Specific Terms for Accounting Services

Scope

The provisions of the present Section shall be applicable to accounting services as defined, if applicable, in the List of Services (hereinafter: the “Accounting Services”). If the Client does not engage Grant Thornton for Accounting Services, the present Section is not applicable.

Terms

Grant Thornton shall examine only the statutory formalities of invoices provided by the Client. In particular, Grant Thornton shall not verify the contractual background, the legal basis, the numeric consistency, tax calculations, performance dates or authorizations of the provided invoices and documents. Invoices and other documents provided to Grant Thornton shall be considered valid, legally binding and duly approved by the Client.

Specific Terms for Payroll Services

The provisions of the present Section shall be applicable to payroll services as defined, if applicable, in the List of Services (hereinafter: the “Payroll Services”). If the Client does not engage Grant Thornton for Payroll Services, the present Section is not applicable.

Terms

Grant Thornton starts the provision of the Payroll Services each month only after the receipt of the complete monthly payroll documentation. Client shall bear any extra costs arising from the provision of partial payroll data.
Client shall be exclusively liable for the compliance with the relevant labour regulations, for the transfer of the public dues and taxes calculated by Grant Thornton in Payroll Services, and for the relevant immigration documents, permits and legal compliance, if the Client employs foreigners.

Parties agree that the Client shall be liable exclusively for the delivery of the payroll report to the employees even if the reports are sent to the employees with the assistance of Grant Thornton. Client shall be liable for retaining the payroll reports in line with the relevant legal regulations.

Specific Terms for Tax Consulting

Scope

The provisions of the present Section shall be applicable in relation to tax consulting services, such as tax related advise, professional opinion on tax specific issues, communication with tax authorities or representation of the Client in front of tax authorities (all such services hereinafter: “Tax Consulting Services”).

Terms

Tax Consulting Services will be provided by Grant Thornton in response to specific Client requests. Such requests can be made verbally or in writing (also by e-mail) and require acceptance by Grant Thornton (which acceptance can be made implicitly, by providing the requested service). The Client is not obliged to request any Tax Consulting Services. Grant Thornton is not obliged to provide such Tax Consulting Services without specific request by the Client.

Grant Thornton is not obliged to keep any original documents received from the Client or third parties in relation to Tax Consulting Services. If the Client fails to take such originals, Grant Thornton can mail them as postal consignments to the address of the Client at the Client’s cost, liability and risk.

The postal certificate of dispatch proves the delivery of the documents that shall be regarded as delivered to the Client.

Specific Terms for Tax Technology Consulting

Scope

The provisions of the present Section shall be applicable in relation to tax technology consulting services, such as execution of automated operations using the application programming interface and provison of related technology consulting services (all such services hereinafter: “Tax Technology Consulting Services”).

Terms

Tax Technology Consulting Services will be provided by Grant Thornton in response to specific Client requests. Such requests can be made verbally or in writing (also by e-mail) and require acceptance by Grant Thornton (which acceptance can be made implicitly, by providing the requested service). The Client is not obliged to request any Tax Technology Consulting Services. Grant Thornton is not obliged to provide such Tax Technology Consulting Services without specific request by the Client.

Grant Thornton is not obliged to keep any original documents received from the Client or third parties in relation to Tax Technology Consulting Services. With regard to Tax Technology Consulting Services, the delivery and receipt of documents should carry out exclusively in electronic form.

Technology solutions owned by exclusively Grant Thornton may be applied during the provision of Tax Technology Consulting Service. While using the service, Client will not be granted access to these technology solutions and the service shall not be considered to grant the Client any right to use these technology solutions.

Client is only entitled to provide Grant Thornton with documents (e.g. invoice data) in relation to Tax Technology Consulting Services, that do not contain any data relating to private persons and therefore undertakes not to provide Grant Thornton with such documents. Client acknowledges that if Grant Thornton detects the provision of documents including data of private persons, Grant Thornton will delete the relevant documents immediately.

The Client cannot enforce any claim in relation to any damages, errors, consequences, decisions or conduct arising from the use, knowledge, reliance on or disclosure to third parties of the Tax Technology Consulting Service or its result.

The Tax Technology Consulting Service does not constitute Tax Consulting Service.

Specific Terms for InvoiceProxy

Scope

The provisions of the present Section shall be applicable in relation to the use of the InvoiceProxy software-as-a-service invoice reporting intermediary solution (hereinafter: “InvoiceProxy Services”).

Terms

Parties acknowledge the real-time invoice reporting (“RTIR”) obligation, that all invoices issued by invoicing softwares shall be reported to the Hungarian Tax Authority (“NAV”) immediately, automatically, without human intervention, electronically and in accordance with the invoice issued.

Grant Thornton publishes the requirements of integration (“Technical Requirements”), may be amended by Grant Thornton from time to time, considering NAV technical requirements also.

Grant Thornton will provide the Client with a remote end point (“Grant Thornton API”) for the purpose of transmission, with the requirements set out in the Technical Requirements.

Grant Thornton will set up a converter module in part of the InvoiceProxy Services, which automatically transforms the data content to be supplied by the Client in compliance (in terms of content and form) with the requirements set out in the Individual Service Agreement (“Custom Invoice Document”) to the data format which is supported by NAV (“NAV Invoice Document ”).

Custom Invoice Document shall meet the requirements set out in the Individual Service Agreement, in order to create the NAV Invoice Document.

Grant Thornton shall notify the Client in the manner set out in the Technical Requirements and immediately, if the processing of a transferred Custom Invoice Document has failed due to invalid format or due to a failure in its content.

Grant Thornton will comply with the RTIR obligations of successfully transferred and valid Custom Invoice Documents, in accordance with the applicable legislation and the technical requirements of the NAV, including retrieving the processing results of the invoice reports from the NAV and providing these status reports to the Client in an electronic and automated manner, with the requirements set out in the Technical Requirements.

Client shall provide Grant Thorntont with a remote end point (“Clien API”) for the purpose of status reporting, with the requirements set out in the Technical Requirements.

Grant Thornton shall keep all Custom Invoice Documents until Client waives any claims in relation to the reporting of the given Custom Invoice Document or until the end of the term of limitation in this regard.

Client shall properly issue the invoices in compliance with applicable Hungarian Law with the necessary invoice data and transfer the invoice data from the invoicing software to the Grant Thornton API in an electronic way, without human intervention and without any amendments.

Client shall immediately notify Grant Thornton if it finds that the Grant Thornton API is unavailable and the Client shall be liable for any damages deriving from the delay of this notice.

Client shall grant all necessary technical access and permission to Grant Thornton in order to perform the RTIR obligation in the name and on behalf of the Client. Client shall be responsible for the up-to- date registration details.

In the event that the applicable law or the technical requirements of NAV change to an extent that the conversion of the Custom Invoice Documents to the NAV Invoice Document using the converter is not possible and the necessary development of the converter by Grant Thornton in order to ensure compliance would require substantial working time, Grant Thornton shall have the right to propose a special fee for the fulfilment of this task. If Client does not accept the proposed fee, and the Parties are unable to come to an agreement on the fee of the necessary development, both Parties shall have the right to terminate the Agreement with immediate effect in which case the pro rata temporis fee for the period remaining until the next (record date) anniversary shall be repaid by Grant Thornton.

As part of the InvoiceProxy Services, Grant Thornton is entitled to analyse the invoice data received from Client and store it on the service’s infrastructure.

Parties shall ensure taking all reasonable computer technology safety measures in order to avoid unauthorized access, virus infection, data lost, theft and perishing in connection with its duties subject to InvoiceProxy Services. The respective Party is liable for any default arising out of and resulting from breaching its IT safety measures or other expectable and reasonable safety measures.

Grant Thornton will inform Client about changes in relevant technical RTIR rules.

Grant Thornton is liable for providing 99,8 % / year accessibility during the term of the Agreement.

Grant Thornton may suspend the performance of the InvoiceProxy Services during planned maintenance and during extraordinary maintenance carried out in urgent cases to ensure the secure and due operation of InvoiceProxy Services and prevent any circumstances hindering the proper functioning thereof. The period of such maintenance shall not be part of the accessibility period. Grant Thornton shall notify the Client of planned maintenance at least 5 days in advance, indicating the schedule and date for the beginning of maintenance.

Grant Thornton entitled to suspend the provision of the Invoice Proxy Services at the Client’s exclusive risk, if Client does not use Invoice Proxy Services properly or in use abusive manner, in accordance with the Grant Thornton’s guidance and instructions (including especially denial-of-service attack cases, regardless whether it is intentional or not, or it is caused by the Client or it occurs due to attacks or improper operation of the Client’s system, uses for other purposes as set out herein, such as any attempt to reverse engineer the technical solution, copying, alteration of the Software, discovering commercial secret, etc.), or not complying with the technical requirements. A prior notice with a reasonable remedy period shall be provided to the Client before suspension of the Services.

Process status reports are requested from the NAV. Grant Thornton excludes its liability for the unavailability of the NAV and for any delay arising out of or in connection with the default of the data supply by the NAV.

Any obligation not specified herein as part of the InvoiceProxy Services shall be the Client’s liability.

Remuneration

For the InvoiceProxy Services, one-off setup and regular license and transaction fees will be charged.

• The one-off setup fee shall be prepaid in advance.
• The regular license fee shall be prepaid yearly in advance, until the beginning of the renewed 12 months (record date). The record date, accordingly the beginning of the first 12-month period shall be: the day following the completion of setup of services/softwares as reported by the Client, but within 45 days after signing the Individual Service Agreement as latest.

If InvoiceProxy Services used shall be extended with additional service elements before the next record date, the additional regular license fee will be invoiced pro rata temporis, from the date of addition until the record date, as specified above. At the next record date, the regular license fees shall be paid based on all the service elements used.

The transaction fees will be invoiced to Client by Grant Thornton on monthly basis, based on the number of invoices involved.

Termination

In the event of the termination of the Agreement, Grant Thornton shall make it possible for Client to download all the archived and stored data in InvoiceProxy Service. Following the notice period, Grant Thornton will delete and erase all data. If Client omitted to download it within such deadline, all consequences shall be borne by the Client for data loss.

If Client terminates the Agreement before the execution date by ordinary notice, Grant Thornton is entitled to keep the prepaid fees.

Misc

Should any provision of this Agreement become invalid, this shall not affect the validity of other provisions of this Agreement and the invalid provision shall be replaced by a valid provision corresponding to the highest possible extent to the purpose of the original provision.

For the matters not regulated in this Agreement, the provisions of Hungarian law shall apply.

The place of legal fulfilment of the Services is Budapest. For any legal dispute arising from this Agreement between the Parties, the Parties stipulate the jurisdiction of the competent court according to the place of the legal fulfilment.
This Agreement constitutes all terms and conditions of the agreement between the Parties.

With the entering into force of this Agreement, all prior agreements between the Parties regarding the subject of this Agreement shall be superseded.

Specific Conditions for ESG Certification Services

Whistleblowing system

Grant Thornton Hungary is committed to ensuring fair and transparent operations for all our employees, partners and clients. To this end, in accordance with Act XXV of 2023 on the rules for reporting abuse, we have established the Whistleblowing System, where anyone can anonymously report any irregularities, abuse or unethical behaviour.

Which cases can be reported?

The system allows you to report the following:

• Suspected fraud, corruption
• Breach of ethics rules
• Abuse of employment law
• Environmental and safety irregularities

How can you report?

You can make a report in one of the following ways:
– Online: https://grantthorntonhu.integrityline.com/?lang=en

All reports will be treated confidentially and the identity of the whistleblower will remain fully protected. We aim to investigate all reports thoroughly and take appropriate action where necessary.

Why is it important to report abuse?

Reporting incidents of abuse helps maintain a fair and safe working environment and ensures that our company complies with legal and ethical standards. Thank you for your cooperation and support!

Use of Generative AI Tools in Our Services

Grant Thornton may use generative artificial intelligence (Gen AI) technology in the course of fulfilling engagements. The use of these technologies takes place exclusively in a regulated, secure, and controlled environment.

Grant Thornton is committed to protecting its clients’ data and ensuring the high professional standards of its services. To this end, it only uses Gen AI tools that comply with the strict data and information security requirements of the network and the company. Content generated by Gen AI is subject to continuous quality control, in line with the quality management guidelines of the network and the company.