Disclaimer & Risk Warning

Last updated: 28 August 2025Effective date: 28 August 2025

⚠️ IMPORTANT RISK WARNING

Please read this disclaimer carefully before using Hazelbit services. Digital assets, NFTs, and agricultural investments carry significant risks that may result in partial or total loss of value.

1. General disclaimer

Hazelbit SRL ("Hazelbit") provides digital services, certificates, NFTs, and utility tokens that symbolize the sponsorship of hazelnut trees and participation in ESG-related initiatives.

Nothing in Hazelbit's Services, communications, or certificates should be interpreted as:

• Financial advice.

• Investment solicitation.

• Guarantee of profit, resale value, or return.

• Offer of securities or regulated financial instruments.

2. Agricultural risks

🌱 Biological & Environmental Factors

• Hazelnut production depends on biological, environmental, and climate factors.

• Yields vary significantly year-to-year and may be reduced or lost due to disease, drought, frost, or force-majeure events.

• Harvest Benefits associated with NFTs are indicative only and not guaranteed.

3. Blockchain risks

⛓️ Technical Infrastructure Risks

• Blockchain networks (e.g., Commercio.network, Cosmos ecosystem) are third-party infrastructures outside Hazelbit's direct control.

• Transactions are irreversible once recorded.

• Wallets may be subject to loss, hacking, or unauthorized access.

• Tokens and NFTs may lose all market value or never achieve liquidity.

• Regulatory changes may impact your ability to hold, transfer, or redeem tokens.

4. Market & legal risks

⚖️ Regulatory & Recognition Risks

• Hazelbit tokens and NFTs are not securities, e-money, or carbon credits under EU or international law.

• There is no guarantee of recognition by regulators, auditors, or ESG rating agencies.

• Future legal frameworks (e.g., MiCAR updates, national AML/KYC rules) may impose new obligations on users.

5. Technology risks

💻 Technical Service Risks

• Hazelbit Services rely on digital platforms, mobile apps, internet connectivity, and third-party providers.

• Outages, bugs, and cyberattacks may cause interruptions, delays, or data loss.

• While Hazelbit implements reasonable security measures, no system is 100% secure.

6. Tax risks

💰 Tax Obligations

• Holding or redeeming NFTs/tokens may have tax implications in your jurisdiction.

• Hazelbit does not provide tax advice.

• Users are solely responsible for declaring and paying taxes.

7. No guarantee of continuity

• Hazelbit aims to operate its plantations and blockchain Services for the entire 30-year NFT lifecycle.

• However, unforeseen events (natural disasters, political instability, regulatory bans) may impact continuity.

• Hazelbit does not guarantee uninterrupted access or permanence of Services.

8. Limitation of liability

To the maximum extent permitted by law:

• Hazelbit is not liable for losses, damages, or claims arising from agricultural variation, blockchain risks, market volatility, or regulatory action.

• Hazelbit's total liability is limited to the amount directly paid by the user for the affected NFT, token, or Service.

9. Acceptance of risk

✅ Informed Consent Required

By purchasing or using Hazelbit Services, you acknowledge that you fully understand and accept the risks described in this Policy and related Terms.

10. Contact

Hazelbit SRL

Str. Fântânilor 43, Bl. B14, Ap. B39, Iași, Romania

Email:info@hazelbit.ro

⚠️ Final Warning

Only invest what you can afford to lose. Consider seeking independent financial, legal, or tax advice before purchasing digital assets. Past performance does not indicate future results.