Terms of Sale

Article 1 Purpose

These terms (the “Terms of Sale”) set out the rights, obligations, and responsibilities of Sellers and Autowini Inc. (the “Company”), the procedures for using the service, and other necessary matters in connection with the overseas consignment sales service, under which the Company accepts consignments of products from Sellers for overseas sale and sells them to overseas buyers in its own name.

Article 2 Definitions

The main terms used in these Terms are defined as follows.

1. “Autowini” means the online platform operated by the Company to sell products consigned by Sellers to overseas buyers in the Company’s own name, including the website, mobile web, and applications. Depending on the context, it may also refer to the Company as the operator of the platform.

2. “Seller” means a person who has agreed to these Terms, consigns to the Company the overseas sale of products that the person owns or has the lawful right to dispose of, and has entered into a service agreement with the Company for the overseas consignment sales service.

3. “Service” means the series of tasks the Company performs, for products a Seller has consigned to the Company for overseas sale (“Consigned Products”), in order to conclude sales contracts with overseas buyers in the Company’s own name and perform them, including overseas advertising, buyer consultation, conclusion of sales contracts, issuance of invoices, vehicle inspection, shipping and logistics, export document support, claim handling, and settlement with the Seller.

4. “Buyer” means an overseas member who expresses an intention to purchase a Consigned Product sold by the Company through the Autowini platform and enters into a sales contract with the Company.

5. “Membership” means the member tier or service benefit system granted according to criteria set by Autowini. The types, conditions, and benefits of Membership may change according to Company policy.

6. “Settlement Amount” means the consignment sale settlement amount the Company pays to the Seller under these Terms, calculated as the sale price of the Consigned Product minus the service fee (Processing Fee) under Article 10 and other agreed settlement items. The Company pays this amount to the Seller.

7. The meaning of any term not defined in this Article is governed by applicable laws and general business practice.

Article 3 Purpose of the Overseas Consignment Sales Service and Role of the Company

1. The Company provides an overseas consignment sales service under which it accepts consignments of Consigned Products from Sellers for overseas sale, concludes sales contracts with overseas buyers in its own name, and performs the work required to fulfill those contracts.

2. The Company provides Sellers with an account to use the dedicated sales system so that Sellers can register Consigned Products themselves.

3. To ensure the smooth overseas sale of Consigned Products registered by Sellers, the Company uses professional staff to perform overseas consignment sales work, including overseas marketing, finding and consulting with buyers, concluding contracts, inspection, shipping and logistics, and after-sales management. The Company makes reasonable efforts to sell Consigned Products in accordance with the sales conditions set by the Seller and these Terms.

4. To protect Sellers’ personal information, the Company establishes a Privacy Policy, designates and discloses a chief privacy officer, and operates the policy in good faith.

5. To help Sellers’ Consigned Products sell smoothly, the Company provides Sellers with the services set out in Article 4 (Scope of the Overseas Consignment Sales Service) and faithfully performs the Company’s duties set out in Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service). For additional services or expanded work not specified in these Terms, the Company may request a separate agreement or additional charges.

6. In sales contracts for Consigned Products concluded with overseas buyers, the Company acquires contractual rights and bears obligations in its own name. However, the Seller’s liability for matters the Seller must provide or warrant, such as ownership, defects, mileage, and accident history of the Consigned Product, is governed by these Terms and applicable laws, including the Commercial Act.

7. A consignment sales relationship is formed between the Company and the Seller, and a separate sales contract is formed between the Company and the overseas buyer. The parties to the sales contract with the overseas buyer are the Company and the overseas buyer, and the Seller is not a direct party to that sales contract. The rights, obligations, and settlement between the Company and the Seller are governed by these Terms.

8. The Company receives payments from overseas buyers as payment of receivables under its own sales contracts, and does not receive, hold, or pay foreign currency on behalf of, or for, the Seller. The Seller has no right to claim payment from any overseas buyer, and the Seller’s rights are limited to the right to claim the Settlement Amount from the Company.

Article 4 Scope of the Overseas Consignment Sales Service

1. The Company performs the following work to sell Consigned Products to overseas buyers:

a. Overseas advertising: advertising the Autowini site on which Consigned Products are listed, or promoting Consigned Products overseas through Autowini’s overseas customer (buyer) database or the various channels operated by the Company b. Customer consultation: providing consultation and advice to overseas buyers of Consigned Products throughout the sales contract process, including one-to-one support by phone or chat c. Conclusion of sales contracts: concluding sales contracts for Consigned Products with overseas buyers in the Company’s own name and issuing invoices in the Company’s name d. Dispatch and transport: dispatching carriers and transporting vehicles so that sold Consigned Products are delivered to the port or another designated place for shipment e. Export document preparation: preparing and supporting export-related invoices and other documents required for the overseas shipment (“Shipment”) of Consigned Products f. Document and customs confirmation: checking the facts stated in the Export Declaration Certificate and the Certificate of Deregistration of Motor Vehicle (or Certificate of Scrapped Vehicle Acceptance) for the Shipment of Consigned Products, and confirming that export customs clearance has been completed properly g. Quality inspection: checking that sold Consigned Products match the registered information and inspecting their actual operating condition to support smooth Shipment h. Shipping: checking schedules and freight, booking shipping space, and shipping Consigned Products so that they are shipped promptly and reasonably according to the shipping method chosen by the overseas buyer i. Issuance and delivery of export documents: preparing and issuing customs-related documents and sending them to the overseas buyer, to the extent required by the overseas buyer’s request and the performance of the sales contract j. Claim response and compensation handling: reviewing and consulting on claims received from overseas buyers after Consigned Products arrive at the destination port, and handling them in accordance with these Terms k. Dedicated transaction management: communicating with overseas buyers and identifying their requirements throughout all of the above work, in order to perform the sales contract and complete the consignment sale transaction

2. The Company receives sales proceeds into an account in the Company’s name under the sales contracts it concludes with overseas buyers. When a consignment sale is completed and the payment requirements set out in these Terms are met, the Company pays the Seller the Settlement Amount, which reflects the agreed service fee, freight, and other settlement items.

3. To promote sales, the Company may advertise the information of Consigned Products registered by Sellers on domestic and overseas websites, mobile apps, and other channels approved by the Company, including portals and social networking services. When running sales promotions, the Company may display Consigned Products at discounted prices.

4. The Company must post the listings of Consigned Products registered by Sellers on service-related web pages according to the standards and methods set by the Company for providing the Service. In this case, the Company may decide and adjust the position, size, layout, and other aspects of listings, and may create and edit service web pages for the Company’s services, including events, advertisements, and other posted items.

5. The Company may provide services that compare transaction conditions, including prices. Information on Consigned Products registered by Sellers may be used to provide such comparison services and other services. In this case, the specific methods of comparing and using the information are determined according to the standards and methods set by the Company.

6. The Company provides Sellers with the information necessary to use the Service without difficulty and, if necessary, may ask Sellers to complete questionnaires or provide information.

Article 5 Obligations and Responsibilities of the Seller

1. The Seller may consign the overseas sale of Consigned Products to the Company within the product categories set by the Company and must register and manage the consignment conditions (including Consigned Product information, desired sale price, warranties, and discounts) directly through the dedicated sales system provided by the Company.

2. The Seller may decide the transaction conditions registered under the preceding paragraph on its own, taking into account the service fee and other costs, and the Company will not intervene in the process of deciding transaction conditions without reasonable grounds. However, to prevent the Seller from being disadvantaged, the Company may separately decide matters related to transaction conditions within reasonable limits and within the scope of its usage policies.

3. The Seller must accurately enter and register Consigned Product information through the dedicated seller system provided by the Company, promptly correct and supplement any changes to keep the information up to date, and accurately provide any related information requested by the Company.

4. The Seller must properly manage data on matters that may change from time to time, including the price of Consigned Products.

5. The Seller must not sell directly to, or encourage purchases by, the Company’s overseas customers (buyers), or sell Consigned Products directly, without going through the Company’s Service.

6. The Seller must accurately describe Consigned Products, comply with the duty of disclosure under the principle of good faith, and cooperate fully so that the Company can carry out responsible overseas consignment sales to overseas buyers.

7. The Seller is responsible for managing its site account and may not transfer or lend its account to any other person under any circumstances.

8. The Seller must faithfully comply with Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service) and must resolve claims raised by buyers after a sale in accordance with Article 11 (Claim Compensation Standards).

9. The Seller must not sell or register Consigned Products that are subject to export permission under Article 19 of the Foreign Trade Act or that cannot be sold overseas under applicable laws.

10. If the Seller registers Consigned Products through a third-party program instead of the dedicated sales system, the Company bears no responsibility for any resulting technical or legal problems, and the Seller is liable for all resulting damages.

11. If the Seller fails to perform the obligations set out in this Article, or if it is objectively determined that the Seller will have difficulty continuing its sales activities due to bankruptcy, business closure, or other reasons, the Company may restrict the Seller’s use of the Service, suspend the Seller’s status, terminate the Service under these Terms, or take other necessary measures against the Seller. The Company may also claim damages from the Seller for any loss the Company has suffered.

Article 6 Procedure for the Overseas Consignment Sales Service

1. The overseas consignment sales service proceeds according to the following procedure. The detailed rules and obligations for each stage are as set out in the items below. Other detailed operational matters are determined reasonably according to the circumstances at the time and customary industry practice.

a. Stage 1: The Seller registers on the site, using the dedicated seller system, the Consigned Products it wishes to have the Company sell. b. Stage 2: The Company promotes the registered Consigned Products to prospective overseas buyers using its overseas customer database, social media channels, advertising, and other means. c. Stage 3: The Company responds to buyers’ inquiries and requests in good faith, forwards necessary matters to the Seller, and informs the buyer after receiving the Seller’s answer. d. Stage 4: The Company sends an invoice to the buyer who has expressed an intention to purchase and notifies the Seller by text message that the invoice has been sent. The Seller may not sell the Consigned Product elsewhere for 3 business days from the date of notification. If the Seller has already sold the Consigned Product elsewhere and the Company therefore cannot perform the sales contract concluded with the buyer, the Seller bears a penalty. The calculation of penalties and compensation standards are governed by Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service). e. Stage 5: When the sale to the buyer is confirmed, the Company notifies the Seller by text message. The Seller may not sell the Consigned Product elsewhere for 10 business days from the date of notification. If the Seller has already sold the Consigned Product elsewhere and the Company therefore cannot perform the sales contract concluded with the buyer, the Seller bears a penalty. The calculation of penalties and compensation standards are governed by Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service). f. Stage 6: When the Company begins the procedures for performing the sales contract, it notifies the Seller by text message that the registration of export documents and the delivery-in procedure have begun. g. Stage 7: To proceed with export, the Seller registers the Export Declaration Certificate and the Certificate of Deregistration of Motor Vehicle (or Certificate of Scrapped Vehicle Acceptance) for the Consigned Product on the transaction history page. h. Stage 8: The Company dispatches a carrier to deliver the Consigned Product to the port or another designated place for shipment. If the dispatch distance exceeds the standard distance, the Company may charge the Seller an additional fee or require the Seller to arrange transport and deliver the vehicle to the designated place itself. i. Stage 9: The Company checks the condition of the delivered Consigned Product and conducts a quality inspection. The Company notifies the Seller whether the product has passed or failed the inspection. If the product fails, the Company notifies the Seller and may cancel the transaction for that Consigned Product or request repair or compensation to resolve the problem. Specific penalties are governed by Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service (Obligations and Penalties)) and agreement between the parties. If the Seller does not raise an objection or respond within 5 business days from the date the Company notifies the Seller of the inspection result, the Seller is deemed to have agreed to the inspection result. j. Stage 10: The Company pays the Settlement Amount to the Seller’s designated account for Consigned Products that have passed the quality inspection. k. Stage 11: The Company books shipping space and ships the Consigned Product. After shipment is completed, the Company obtains the bill of lading. l. Stage 12: The Company sends the necessary documents and the bill of lading to the buyer. m. Stage 13: If the Company receives a quality-related claim from the buyer after the Consigned Product arrives at the destination port, the Company accepts the claim, consults with the buyer, and provides compensation in accordance with Article 11 (Claim Compensation Standards).

Article 7 Rules for Each Stage of the Overseas Consignment Sales Service (Obligations and Penalties)

1. The Company and the Seller understand the details of each stage of the overseas consignment sales service and faithfully follow the rules for each stage, as set out in the items and sub-items below.

a. Invoice issuance stage

i.  At the invoice issuance stage, the Company notifies the Seller by text message that the invoice has been sent and displays the status of the Consigned Product as ‘STEP1 Invoice Sent’ in the consignment transaction history on the site.

b. Sale pending stage

i.  At the sale pending stage, the Company notifies the Seller by text message that the sale is pending and displays the status of the Consigned Product as STEP2 Sale Pending in the transaction history on the site. ii.  The Seller may not sell the Consigned Product elsewhere for 10 business days, including the day on which the Company sends the sale pending text message. If the Seller violates this, the Seller must pay the Company a penalty of $500.

c. Performance start stage

i.  At the performance start stage, the Company notifies the Seller by text message that performance has started and displays the status of the Consigned Product as ‘STEP3 Performance Started’ in the transaction history on the site. ii.  From the date the Company sends the performance start text message, the Seller may not sell the Consigned Product elsewhere. If the Seller violates this, the Seller must pay the Company a penalty of $1,000.

d. Document registration stage

i.  The Seller registers the Export Declaration Certificate and the Certificate of Deregistration of Motor Vehicle (or Certificate of Scrapped Vehicle Acceptance) for the Consigned Product on the transaction history page. ii.  If the Company requests additional documents for smooth export, the Seller must prepare and submit them in good faith. iii.  If the transaction fails because of missing documents, the Seller must pay the Company a penalty of $1,000.

e. Vehicle inspection stage

i.  The Seller must deliver the Consigned Product to the designated place in a clean condition with no problems for shipment. If any reason for failure is found after Autowini’s inspection, the Seller must pay the applicable penalty according to the following penalty standards.

1.  Shipping mark not attached: USD 30 2.  Waste loaded or vehicle not clean: USD 30 3.  Insufficient fuel: USD 30 4.  Vehicle removal cost: USD 50; trucks/buses: USD 300

f. After the performance start stage

i.  From the date the Seller receives the Settlement Amount from the Company until the buyer takes delivery of the Consigned Product, the Seller must make its best efforts to keep the condition of the Consigned Product consistent with the registered information, and is responsible for any problem arising from a discrepancy in the information.

2. In addition, if the above measures cannot be performed due to the Seller’s fault, the Seller bears full responsibility, must compensate in accordance with Article 11 (Claim Compensation Standards), and will be restricted from using the Service in accordance with Article 5 (Obligations and Responsibilities of the Seller).

Article 8 Payment of the Settlement Amount

1. When a vehicle is sold, the Seller may apply for payment of the Settlement Amount. The Settlement Amount is paid only if the requirements set by the Company are met. These requirements are as follows:

a. The Export Declaration Certificate and the Certificate of Deregistration of Motor Vehicle (or Certificate of Scrapped Vehicle Acceptance) for the Consigned Product must be uploaded in the manner designated by the Company.

i.  The declared export value must match the total amount of the invoice issued by the Company. ii.  The information in the uploaded documents must be accurate, and the documents must be submitted in legible quality.

b. A shipping mark and condition report must be attached to the Consigned Product according to the standards set by the Company. c. The Consigned Product must be delivered to the place designated by the Company. d. The Consigned Product must pass the quality inspection according to the Company’s standards.

2. Once the requirements in Paragraph 1 are confirmed, the Company pays the Settlement Amount to the account designated by the Seller. The amount paid is the amount after deducting the service fee specified in Article 10 (Service Fee (Processing Fee)). The Seller can check the actual Settlement Amount to be paid after the deduction when registering a listing.

3. If the Seller closes its business, the Company prohibits the Seller from selling Consigned Products through Autowini and does not pay the Settlement Amount for Consigned Products sold after the business closure.

4. If the Seller cancels its business registration, the Company may treat the date of cancellation as the date of business closure and apply Paragraph 3 of this Article. In addition, if the Company cannot properly issue a tax invoice for the service fee because the Seller canceled its business registration before the date of business closure or took similar action, the Company may deduct an amount equal to any resulting penalty tax from the Settlement Amount.

Article 9 Return of the Settlement Amount

1. Even after the Settlement Amount is paid under Article 8 (Payment of the Settlement Amount), the Seller must return the full Settlement Amount received from the Company if any of the following occurs:

a. Shipment is impossible because an undisclosed problem, serious defect, or fault is found in the delivered Consigned Product b. The delivered Consigned Product differs from the advertised product or the submitted documents c. The Seller’s use of Autowini is suspended for reasons attributable to the Seller

2. Under Article 11 (Claim Compensation Standards), the Seller may be required to compensate not only the Settlement Amount but also additional costs such as freight, and related matters are handled in accordance with Article 11.

Article 10 Service Fee (Processing Fee)

1. The Company may set the Autowini service fee by comprehensively considering the costs required to provide the Service to Sellers, market conditions, transaction types, the type of Consigned Product, and the transaction method.

2. When a Consigned Product is sold, the Company charges the processing fee specified in the table below (the “Processing Fee”) according to the category and price range of the Consigned Product. After the Consigned Product is sold, the Seller receives the Settlement Amount, which is the sale price minus the Processing Fee, and the Company deposits it into the Seller’s designated account.

Category	Price range of Consigned Product	Processing Fee
Cars / Trucks / Special-purpose vehicles	USD 1 ~ USD 10,000	USD 75
Buses / Heavy equipment	USD 1 ~ USD 29,176	USD 300
	USD 29,177 ~ USD 49,176	USD 500
	USD 49,177 ~ USD 1,000,000	2.2% of the sale price

3. The Processing Fee for Consigned Products in categories not listed in the table above may be set separately through consultation between the Company and the Seller.

4. The Company issues a tax invoice for the Processing Fee to the Seller as the recipient, applying the exchange rate on the transaction date.

5. If necessary due to changes in the operating environment, such as increases in prices, expenses, or labor costs, the Company may newly set or change the service fee, and may set different methods of calculating and collecting fees for each type of service.

6. If the Company newly sets or changes the service fee under Paragraph 5, it will give notice at least 30 days before the scheduled effective date. The changed standards do not apply during an existing contract period or to transactions already in progress, and apply only from the next renewal period or with the Seller’s separate consent.

7. The Company may run promotions that affect Sellers’ fees. In this case, the Company will notify Sellers and apply the promotion only to Sellers, or Sellers’ Consigned Products, that have expressly indicated their intention to participate.

Article 11 Claim Compensation Standards

1. The Seller is responsible for all problems arising from incorrect entry of information about a Consigned Product.

2. As a rule, claims must be raised within 14 days of the date of arrival at the destination port, with reasonable evidence such as photos, videos, and repair estimates. Normal wear and tear, replacement of consumable parts, damage during transport, and damage caused by use after delivery are excluded from the Seller’s responsibility.

3. If a problem falls under an item in the [Claim Compensation Standards] table, the Seller compensates the Company according to the compensation standards in the table. For problems not listed in the table, the Company may review the sales contract with the overseas buyer and the details of the claim, consult with the Seller, and determine a reasonable amount of compensation within the scope of the Seller’s responsibility.

4. If the compensation standards change, Autowini will give notice at least 30 days before the change. The changed standards do not apply during an existing contract period or to transactions already in progress, and apply only from the next renewal period or with the Seller’s separate consent.

[Claim Compensation Standards]

Main category	Subcategory	Compensation standard
Differs from listed information	Different chassis number	Full CFR amount (product price + freight)
	Different engine displacement	Full CFR amount (product price + freight)
	Different fuel type	Full CFR amount (product price + freight)
	Different mileage	Full CFR amount (product price + freight)
	Different options	Cars: USD 1,000; trucks/buses: USD 2,000
Undisclosed exterior/condition defects	Undisclosed body panel/glass defects	Cars: USD 500; trucks/buses: USD 1,000
	Undisclosed underbody corrosion	Cars: USD 1,000; trucks/buses: USD 2,000
	Undisclosed interior/seat/headliner defects	Cars: USD 500; trucks/buses: USD 1,000
Malfunction	Undisclosed engine defects	Cars: USD 1,000; trucks/buses: USD 2,000
	Undisclosed transmission/4WD defects	Cars: USD 1,000; trucks/buses: USD 2,000
	Undisclosed part/option malfunctions	Parts cost + repair cost + delivery cost
Undisclosed special history	Undisclosed flood damage/total loss/re-stamped VIN	Full CFR amount (product price + freight)
	Undisclosed rental/taxi/stolen/police vehicle history or fuel conversion	Full CFR amount (product price + freight)
	Undisclosed seat modification	Cars: USD 1,000; trucks/buses: USD 2,000

Article 12 Provision of Listings

1. The Seller must provide the Company with the listings necessary to sell Consigned Products.

2. The Seller warrants that the listings it provides contain information about the actual Consigned Products, do not infringe the rights of third parties, and do not violate applicable laws.

3. The Company may use listings to effectively convey Consigned Product information, promote the Seller’s sales, and effectively operate, troubleshoot, and improve the services provided by the Company.

4. The Company may display listings for promotional purposes on online sites (including wired and wireless web services, mobile web, and applications), search engines, social media, overseas customer databases, and similar channels, and may modify, reproduce, and edit them to the extent necessary, in compliance with the Copyright Act.

5. If a listing is created according to the listing guidelines designated by the Company (images, product name, product attributes, etc.), that content is used as the representative listing for the same product. If the Seller violates the guidelines, the Company may take necessary measures, such as modifying the listing or stopping its display, in accordance with these Terms and its policies.

6. If a listing registered by the Seller falls under any of the following, the Seller’s use of listings will be restricted and the listing will be deleted:

a. The vehicle photos have been artificially edited, such as by adding text or images b. The vehicle photos include other information, such as logos of other sites c. The vehicle photos include contact details (social media, phone number, email, etc.) d. The listing is a false listing for a vehicle that has already been sold or that the Seller does not own e. The vehicle information shown in the listing differs from the actual vehicle information f. The vehicle is advertised at a price significantly lower than the market average, which may mislead customers g. The listing contains untrue content

7. If a listing is used for purposes other than those set out in this Article or is used inappropriately, the Seller may raise the matter with the Company by email or similar means, and the Company will establish and follow an appropriate procedure to handle it.

Article 13 Contract Period

1. The contract period for the overseas consignment sales service begins on the date the Seller has submitted the application and service agreement and the deposit has been paid to the Company.

2. The contract period is one year and is automatically renewed for successive one-year periods on the same terms unless either party expresses an intention to end the contract. However, if the contract is terminated during the contract period at the Seller’s discretion or for reasons attributable to the Seller, the deposit already paid will not be refunded.

Article 14 Termination of the Contract

1. If any of the following occurs or is confirmed, the Company may terminate the overseas consignment sales service contract even during the contract period, and the deposit paid at registration will not be refunded.

a. The Seller does not faithfully perform its obligations under Article 7 (Rules for Each Stage of the Overseas Consignment Sales Service), or violates the rules, and the Company determines that it can no longer provide the Service b. The Seller does not provide accurate product information or does not delete information on sold listings c. The product information or supporting documents provided by the Seller are false, or the Seller does not provide essential supporting documents requested by the Company d. After concluding this contract, the number of Consigned Products the Seller keeps listed is fewer than 5 for 3 consecutive months without justifiable reason e. The Seller intentionally replaces or removes vehicle parts or loads waste or similar items inside a Consigned Product f. The Seller fails to perform its claim handling obligations under Article 11 (Claim Compensation Standards), thereby damaging the reliability of the Service g. The Seller violates or attempts to violate Article 5 (Obligations and Responsibilities of the Seller) h. The Seller is overdue for 2 months or more on payment obligations to the Company, such as penalties or compensation i. The Seller interferes with or attempts to interfere with the provision of the Service j. The Seller infringes the rights, reputation, credit, or other legitimate interests of others, or violates the laws of the Republic of Korea or public order and morals k. The Company reasonably determines that it needs to refuse to provide the Service for reasons equivalent to any of the above

2. If the Company terminates the contract due to the Seller’s fault, it will notify the Seller of the reason for termination by an appropriate method, such as email, fax, in person, phone call, or text message, and the contract ends at the time of notification. If necessary, the Company may give the Seller an opportunity to state its opinion on the reason for termination.

3. Even if the contract is terminated, if there are consignment sale transactions in progress, the Seller and the Company will make their best efforts to complete them. If the Company suffers damage because the Seller fails to fulfill its responsibility to complete transactions in progress, the Seller must compensate the Company for the full amount of the actual damage suffered by the Company (including compensation the Company has paid to overseas buyers). The Company may also claim incidental costs arising from the damage.

4. After the contract ends and all consignment sale transactions in progress have been completed, the Seller may apply to the Company for a refund of the deposit. The Company will refund the deposit after confirming that all transactions with the Seller have been completed normally. If the contract has ended abnormally due to a problem on the Seller’s part, the Company may withhold the refund of the deposit requested by the Seller. The Company may check for unpaid service fees, unpaid penalties, or other unpaid amounts owed by the Seller and deduct them from the deposit before refunding it.

5. When the contract ends, at the Seller’s request, the Company will delete or return the product information, photos, videos, and other materials registered by the Seller on the site within 30 days of the end of the contract, to the extent technically possible. However, materials that must be retained under applicable laws are excluded. Specific procedures and exceptions for the deletion or return of materials will be determined by mutual agreement.

Article 15 Individual Agreements

1. The Seller and the Company may enter into separate special agreements, which may add certain provisions to the contents of these Terms.

2. Special agreements must be concluded in writing or by electronic document and prevail over these Terms to the extent agreed.

3. The content and scope of special agreements are determined separately by agreement between the parties, and both parties must faithfully perform what has been agreed.

4. Matters regarding the conclusion, amendment, termination, and effective date of special agreements are governed by separately agreed conditions.

5. If there is a difference in interpretation between a special agreement and these Terms, the matters expressly set out in the special agreement prevail.

Article 16 Miscellaneous

1. These Terms are governed by and interpreted in accordance with the laws of the Republic of Korea.

2. Any dispute arising in connection with these Terms will be resolved amicably based on mutual trust. However, if no agreement is reached and a lawsuit is filed, the Seoul Central District Court will have jurisdiction as the court of first instance.

3. These Terms are prepared in Korean and English. If there is any inconsistency between the two versions, the Korean version prevails.

These Terms take effect on October 6, 2026.