Delivery Instruction & Logistics Addendum

A42C Ltd | Company No. 16627000 | 27 Old Gloucester Street, London, WC1N 3AX

Last updated: 10 February 2026

This Delivery Instruction & Logistics Addendum ("Addendum") forms part of and is subject to the Master Copper Sale & Allocation Agreement ("Master Agreement"), the Fee Schedule, and the applicable Trade Confirmation(s) between C4Cu / Cooper 4 Copper ("C4Cu", "Seller", "we", "us") and the Buyer ("Buyer", "you", "your").

This Addendum applies only where the Buyer has elected physical delivery of allocated copper cathodes in accordance with the Master Agreement. It sets out the procedures, responsibilities, costs, and limitations applicable to physical delivery. The Buyer should read this Addendum carefully and in conjunction with the Master Agreement, the Fee Schedule, and the Risk Disclosure before electing delivery.

1. Delivery Threshold

1.1 Physical delivery may only be elected once the Buyer's cumulative allocated copper position on the Platform equals or exceeds twenty-five (25) metric tonnes (25,000 kg).

1.2 Election of delivery is subject to Seller confirmation, availability of copper at an LME-approved warehouse, and completion of all applicable verification and compliance requirements.

1.3 The Buyer acknowledges that the delivery threshold represents a significant cumulative purchase position and that most users will not reach this threshold. The delivery threshold may be amended by the Seller from time to time, and any such amendment shall be communicated via the Platform.

2. Delivery Request Process

2.1 To initiate physical delivery, the Buyer must submit a formal delivery request via the Platform or by contacting C4Cu at support@c4cu.com. The delivery request must include:

• The Buyer's full name and account reference.
• Confirmation of the quantity of copper to be delivered (which must meet or exceed the delivery threshold).
• The Buyer's preferred delivery timeline (for scheduling purposes only; this is not binding on the Seller).
• Nominated logistics provider details (if applicable and if the Buyer has appointed one).
• Any other information reasonably requested by the Seller.

2.2 Upon receipt of the delivery request, C4Cu will acknowledge receipt in writing and will review the request against the Buyer's account, allocated position, and applicable verification requirements.

2.3 C4Cu may accept, defer, or decline a delivery request at its sole discretion. Acceptance of a delivery request is subject to availability of copper at an LME-approved warehouse, completion of all verification and compliance checks, and payment of all applicable fees and charges.

2.4 Once a delivery request is accepted by C4Cu, the Buyer will receive a Delivery Confirmation setting out the confirmed delivery details, including warehouse location, estimated timeline, final quantities, and applicable fees.

3. Timeline & Scheduling

3.1 C4Cu will use reasonable endeavours to process accepted delivery requests within a reasonable timeframe. However, the Seller does not guarantee any specific delivery date or timeline.

3.2 Indicative timelines may be provided by C4Cu upon acceptance of the delivery request, but such timelines are estimates only and are not binding on the Seller.

3.3 Delivery timelines may be affected by, among other things:

• Availability and capacity at the selected LME-approved warehouse.
• LME procedural requirements, warrant transfer processing times, and queue management.
• Completion of identity verification (KYC) and compliance checks.
• Receipt of full payment for all applicable fees, charges, and settlement amounts.
• Regulatory approvals, export licences, or customs clearance requirements.
• Force majeure events (as described in Section 15).

3.4 The Seller shall not be liable for any losses, costs, or consequences arising from delays in delivery, save where such delay is caused by the Seller's wilful default.

4. Documentation Requirements

4.1 Prior to delivery, the Buyer must provide the following documentation to C4Cu's satisfaction:

• Completed identity verification (KYC), including government-issued photo identification and proof of address.
• Confirmation of the Buyer's legal capacity and authority to receive delivery of physical copper.
• Nominated receiving party details (if the Buyer is appointing a third-party agent, logistics provider, or nominee to take receipt).
• Proof of insurance covering the copper from the point of in-warehouse transfer (see Section 13).
• Any import licences, export licences, customs declarations, or regulatory approvals required in the Buyer's jurisdiction or the jurisdiction of the warehouse.
• Such other documentation as C4Cu may reasonably request in connection with the delivery.

4.2 Failure to provide complete and satisfactory documentation may result in the delivery being delayed, suspended, or cancelled. C4Cu shall not be liable for any costs or consequences arising from the Buyer's failure to provide required documentation.

5. Method of Delivery

5.1 Delivery shall be effected solely by way of an in-warehouse transfer of copper cathodes at an LME-approved warehouse selected exclusively by the Seller, in accordance with standard London Metal Exchange rules, procedures, and practices.

5.2 Delivery shall be completed by the transfer of goods and/or LME warrant from Seller to Buyer within the warehouse system. The transfer shall be recorded in the LME's and/or warehouse's systems in accordance with applicable procedures.

5.3 No physical transportation, shipment, removal, or relocation of goods by the Seller is included in, or implied by, the delivery. The Seller's obligation is strictly limited to effecting the in-warehouse transfer.

6. Warehouse Selection

6.1 The LME-approved warehouse used for delivery shall be selected at the Seller's sole and absolute discretion, subject only to availability within the LME warehouse network.

6.2 The Buyer has no right to nominate, request, prefer, or reject any warehouse selected by the Seller. The Buyer acknowledges that the warehouse may be located in any jurisdiction where LME-approved warehouses operate.

6.3 The Seller shall notify the Buyer of the selected warehouse location in the Delivery Confirmation. The Buyer is responsible for familiarising themselves with the warehouse location and for making all necessary arrangements for collection, load-out, onward transport, and compliance with local requirements.

7. Delivery Quantity & Final Weights

7.1 The Buyer acknowledges that LME warrant parcels are nominally twenty-five (25) metric tonnes, but that final delivered quantities may vary slightly above or below this amount due to standard LME warrant tolerances and the actual composition of the warrant lot.

7.2 Final delivery quantities and weights shall be determined exclusively by the applicable LME warrant and warehouse records, which shall be final and binding on both parties.

7.3 The Buyer has no right of rejection on the basis of minor weight variances within standard LME tolerances.

8. Pricing & Final Settlement

8.1 The Buyer agrees to pay the full value of the final warrant quantity, calculated in accordance with the Master Agreement and the Fee Schedule, prior to final release or transfer of the goods.

8.2 Any variance between the Buyer's recorded allocated position and the final warrant weight shall be settled on an actual-weight basis. Where the final warrant weight exceeds the Buyer's allocation, the Buyer shall pay for the additional quantity. Where the final warrant weight is less than the allocation, C4Cu shall credit the difference to the Buyer's account or issue a refund.

8.3 The delivery administration fee (as set out in the Fee Schedule) is payable in full prior to the in-warehouse transfer being effected.

8.4 All settlement payments must be made in cleared funds. The Seller shall not be obliged to proceed with delivery until all payments have cleared.

9. Costs & Charges

9.1 Unless otherwise expressly agreed in writing, the Buyer shall bear all costs and charges associated with the delivery, including but not limited to:

• The delivery administration fee (currently 5% of the delivery value, as set out in the Fee Schedule).
• In-warehouse transfer fees levied by the warehouse operator.
• Warehouse handling, load-out, and weighing charges.
• Storage charges (including rent and insurance) from the date of transfer.
• Insurance during and after transit (see Section 13).
• Transportation and freight (road, rail, sea, or air) from the warehouse to the Buyer's destination.
• Import duties, export duties, tariffs, and excise.
• Customs clearance and brokerage fees.
• Value added tax (VAT), goods and services tax (GST), or equivalent.
• Any other charges, fees, or levies arising from or in connection with the delivery or subsequent handling of the copper.

9.2 The Seller's sole responsibility is to effect the in-warehouse transfer. The Seller shall have no obligation to arrange, manage, fund, or coordinate any logistics, transport, insurance, customs clearance, or other services beyond the in-warehouse transfer.

9.3 For a full breakdown of applicable fees, the Buyer should refer to the Fee Schedule.

10. Customs, Import & Export Procedures

10.1 The Buyer is solely responsible for complying with all applicable customs, import, export, and trade regulations in the jurisdiction of the warehouse and in the Buyer's jurisdiction of destination.

10.2 This includes, without limitation, obtaining all necessary import licences, export licences, permits, customs declarations, and regulatory approvals, and for paying all applicable duties, tariffs, taxes, and government charges.

10.3 The Buyer acknowledges that copper cathodes may be subject to trade controls, sanctions, or export restrictions in certain jurisdictions. The Buyer warrants that they will not export, re-export, or divert copper in violation of any applicable sanctions, embargoes, or trade restrictions.

10.4 C4Cu shall not be liable for any delays, costs, penalties, or consequences arising from the Buyer's failure to comply with customs, import, or export procedures.

11. Packaging, Labelling & Quality

11.1 Copper cathodes delivered under this Addendum shall conform to LME Grade A specifications and shall be in the condition and packaging standard for LME warrant goods.

11.2 The Buyer acknowledges that LME warrant copper is stored and handled in accordance with LME and warehouse operator standards. The Seller does not provide additional packaging, labelling, or quality assurance beyond that which is standard for LME warrant goods.

11.3 The Buyer should be aware that physical copper cathodes may show surface oxidation, handling marks, or minor cosmetic variations that are normal for LME Grade A material and do not affect the quality or specification of the copper.

12. Inspection & Acceptance

12.1 The Buyer (or the Buyer's authorised representative) may, at the Buyer's own cost, inspect the copper at the warehouse following in-warehouse transfer, subject to the warehouse operator's rules and access policies.

12.2 The Buyer must notify C4Cu in writing of any claim of material defect or non-conformity with LME Grade A specifications within seven (7) Working Days of the in-warehouse transfer. If no such notification is received within this period, the copper shall be deemed accepted in full by the Buyer.

12.3 Any claim of defect or non-conformity shall be determined by reference to the LME's specifications and, where necessary, by independent assay at a laboratory acceptable to both parties. The cost of such assay shall be borne by the party whose position is not upheld.

13. Rejection Rights

13.1 The Buyer's right to reject delivered copper is strictly limited to cases where the copper demonstrably fails to conform to LME Grade A specifications, as verified in accordance with Section 12.3.

13.2 The Buyer has no right of rejection on the basis of: (a) minor weight variances within standard LME warrant tolerances; (b) the location of the warehouse selected by the Seller; (c) surface oxidation, handling marks, or cosmetic variations consistent with standard LME warrant goods; or (d) any other ground not constituting a material failure to conform to LME Grade A specifications.

13.3 In the event that a valid rejection claim is upheld, C4Cu's sole obligation shall be to arrange for replacement copper of equivalent quantity and grade to be transferred to the Buyer at the same or an alternative LME-approved warehouse, within a reasonable timeframe.

14. Insurance Requirements

14.1 Title and risk in the copper shall pass to the Buyer upon completion of the in-warehouse transfer in accordance with LME rules and warehouse procedures. From that point, the Buyer bears all risk of loss, damage, or deterioration.

14.2 The Buyer is solely responsible for arranging and maintaining adequate insurance for the copper from the point of in-warehouse transfer, covering (at a minimum):

• Loss of or damage to the copper while in warehouse storage (from the date of transfer).
• Loss of or damage during load-out, handling, and any onward transportation.
• Third-party liability arising from the storage or transport of the copper.

14.3 The Buyer must provide proof of insurance to C4Cu prior to the in-warehouse transfer being effected. C4Cu may decline to proceed with delivery if satisfactory proof of insurance is not provided.

14.4 While copper held in LME-approved warehouses may benefit from warehouse operator insurance, the scope, limits, and terms of such insurance are determined by the warehouse operator and the LME, not by C4Cu. C4Cu does not provide, arrange, or guarantee any insurance coverage for the Buyer's copper.

14.5 The Buyer is advised to consult with a specialist insurance broker to ensure adequate and appropriate coverage for their specific circumstances.

15. Title & Risk

15.1 Title to and risk in the copper shall pass to the Buyer upon completion of the in-warehouse transfer, in accordance with LME rules and the procedures of the relevant warehouse operator.

15.2 Prior to completion of the in-warehouse transfer, title to and risk in the copper remain with the Seller.

15.3 Following transfer, the Buyer assumes full responsibility for the copper, including all costs, risks, insurance obligations, and liabilities associated with storage, handling, load-out, transport, and any subsequent dealing in or use of the copper.

16. Buyer Responsibilities

16.1 The Buyer is solely responsible for:

• Appointing logistics providers, freight forwarders, customs brokers, and any other service providers required following the in-warehouse transfer.
• Complying with all applicable laws, regulations, customs requirements, trade controls, and sanctions in all relevant jurisdictions.
• Arranging and maintaining adequate insurance from the point of in-warehouse transfer.
• Paying all costs, charges, duties, taxes, and levies arising from or in connection with the delivery, collection, transport, and importation of the copper.
• Providing all documentation required by C4Cu, the warehouse operator, customs authorities, and any other relevant party.
• Collecting or arranging collection of the copper from the warehouse within a reasonable period following transfer. Failure to collect within the timeframe specified by C4Cu or the warehouse operator may result in additional storage charges being levied.

17. Force Majeure

17.1 The Seller shall not be liable for any failure or delay in effecting delivery where such failure or delay results from circumstances beyond the Seller's reasonable control ("Force Majeure Event"), including but not limited to natural disasters, epidemics, pandemics, war, terrorism, government actions, sanctions, embargoes, strikes, labour disputes, failures of telecommunications or utility services, LME closures or suspensions, cyberattacks, warehouse capacity constraints, or shipping and logistics disruptions.

17.2 During a Force Majeure Event, the Seller's delivery obligations shall be suspended for the duration of the event. The Seller will use reasonable endeavours to mitigate the impact and resume performance as soon as practicable.

17.3 If a Force Majeure Event prevents delivery for more than ninety (90) consecutive days, the Seller may cancel the delivery request and credit the Buyer's account with the equivalent allocated position (subject to deduction of any fees already incurred). Neither party shall have any further liability in respect of the cancelled delivery.

18. Dispute Resolution

18.1 In the event of any dispute arising out of or in connection with this Addendum or any delivery transaction, the Buyer must notify C4Cu in writing at support@c4cu.com within fourteen (14) days of the event giving rise to the dispute.

18.2 The parties shall first attempt to resolve the dispute through good-faith negotiations. If the dispute is not resolved within thirty (30) days, either party may refer the matter to the dispute resolution procedure set out in the Master Agreement.

18.3 C4Cu's internal records, together with LME and warehouse records, shall be the primary and definitive source of evidence in any delivery dispute.

19. Amendments

19.1 C4Cu reserves the right to amend this Addendum from time to time. Material amendments will be communicated to Buyers via email or Platform notification.

19.2 Continued use of the Platform following notification of amendments constitutes acceptance of the updated Addendum.

19.3 The version of this Addendum in effect at the time a delivery request is submitted shall govern that specific delivery.

20. Governing Terms

20.1 This Addendum is governed by and subject to:

• The Master Copper Sale & Allocation Agreement
• The Fee Schedule
• Applicable Trade Confirmation(s)
• The C4Cu Website Terms & Conditions
• The Risk Disclosure

20.2 In the event of any inconsistency between this Addendum and the Master Agreement, the Master Agreement shall prevail.

21. Governing Law & Jurisdiction

21.1 This Addendum shall be governed by and construed in accordance with the laws of England & Wales.

21.2 The courts of England & Wales shall have exclusive jurisdiction over any disputes arising from or in connection with this Addendum.

22. Contact

For queries relating to delivery requests, contact:

Email: support@c4cu.com

A42C Ltd, 27 Old Gloucester Street, London, WC1N 3AX