For the purposes of articles L.313-1, L.313-2 and R.313-1 et seq. of the French Code de la consommation and article L.313-4 of the French Code monétaire et financier, the Parties acknowledge that (i) the effective global rate (taux effectif global) calculated on the date of this Agreement, based on assumptions as to the period rate (taux de période) and the period term (durée de période) and on the assumption that the interest rate and all other fees, costs or expenses payable under this Agreement will be maintained at their original level throughout
the term of this Agreement, is set out in a letter from the Lender to the Borrower and (ii) that
letter forms part of this Agreement. The Borrower acknowledges receipt of that letter.