These terms of use ("Terms") are intended to govern the terms and conditions under which Projectify* ("we", "us" or "our") allows you to access and use the portal we have developed, host, manage and/or operate, accessible through www.capitalbudgetingpro.com ("the Portal" or "the Platform"). By using our Portal, you agree to be legally bound by these Terms.

The Portal has been designed to assist businesses, advisers, finance professionals, investors and other users with capital budgeting, investment appraisal and related financial analysis. Capital Budgeting Pro may generate investment appraisal calculations, cash flow projections, profit and loss projections, comparison tables, rankings, charts, AI-assisted commentary, PDF report previews and PDF and Excel exports where these features are available.

For ease of reference, we will use the term "Offerings" to refer to any feature, functionality or service that we make available through our Portal.

By accessing or using the Platform, you become bound by these Terms and we therefore encourage you to take a few moments to read them carefully and make sure you understand them.

We have tried to make these Terms fair and straightforward. However, if you have any questions, please feel free to get in touch with us through any of our contact channels.

1. Access To And Use Of The Platform

Capital Budgeting Pro does not currently require users to create an account in order to access the main investment appraisal functionality.

By using the Platform, you agree that you will provide accurate information where information is requested from you and that you will use the Platform only for lawful purposes.

You are responsible for ensuring that you have the authority to use any information, assumptions or data entered into the Platform.

Where you use the Platform on behalf of a business, employer, client or other organisation, you confirm that you are authorised to do so.

You acknowledge and understand that certain information entered into the Platform may be stored or processed where this is necessary to provide specific features, including report purchases, report generation, report delivery, AI-assisted commentary or other functionality made available from time to time. Further information on how personal information is handled is available in our Privacy Policy.

2. General Provisions & Disclaimers

The Platform is designed for users with some level of financial literacy, particularly in the areas of capital budgeting, investment appraisal, financial projections and financial modelling. Users are expected to have an understanding of the key financial concepts, assumptions, ratios and metrics necessary to interpret the results generated by the Platform.

The financial projections and calculations generated by the Platform are based on recognised financial modelling and investment appraisal principles. While we endeavour to ensure that the Platform operates consistently with such principles, it is important that users have the necessary knowledge and expertise to apply the results appropriately within their particular business or investment context. We assume no liability for misinterpretation of data due to a lack of financial knowledge.

Whilst every effort has been made to ensure the accuracy of the Platform's contents and calculations, Users should note that it is impractical to test the Platform exhaustively to detect all errors. The Platform is subject to several limitations:

• Projections and results are based on user-defined assumptions. Users are responsible for verifying their accuracy and reasonableness;
• The Platform may include input validations, warnings or guidance but does not guarantee that incorrect or inappropriate assumptions will be identified or corrected;
• The Platform may not account for every financial, accounting, tax, operational, strategic or commercial factor that may be relevant to a particular investment decision;
• Project analysis is limited by the number of investments and projection periods supported by the Platform from time to time;
• Tax, accounting and other treatments may vary by jurisdiction and the Platform should not be assumed to reflect all applicable local tax, accounting, legal or regulatory requirements; and
• The Platform primarily focuses on financial measures and may not incorporate important non-financial considerations.
• The Platform only offers a yearly timeline.

Users are responsible for adjusting for these limitations and should seek professional advice where appropriate before making decisions based on the Platform's outputs.

Users are responsible for the accuracy, completeness and reasonableness of all information and assumptions they enter and for reviewing all calculations, commentary, reports and exported documents before relying on them.

Investment projections are forward-looking calculations based on assumptions provided by you. Actual results may differ materially from projected results due to factors including market conditions, operational performance, timing differences, changes in revenues or costs, financing conditions, tax developments, economic events and other variables beyond our control.

Nothing in the Platform, including projections, rankings, dashboards, charts, reports, exports or AI-assisted commentary, constitutes financial, investment, tax, accounting, legal, valuation, lending or other professional advice.

AI-assisted commentary is based on user inputs and available appraisal data. It may be inaccurate, incomplete or unsuitable for a particular purpose. Users should review and, where appropriate, edit all AI-assisted content before relying on it or sharing it with third parties.

The Platform's outputs should not be regarded as professional financial or accounting advice. If you are uncertain about how to apply the information generated by the Platform, we recommend consulting an appropriately qualified professional to assist in interpreting and applying the results.

You acknowledge that you have not relied on any representation, statement or promise not expressly set out in these Terms.

You acknowledge that you are solely responsible for evaluating whether the Platform and the Offerings are suitable for your particular requirements.

3. Main Features

Setup

The "Setup" section involves the initial configuration of the investment appraisal, where users enter general assumptions required for the financial modelling and appraisal process.

This may include assumptions such as the analysis name, company name, currency, tax rate, discount rate, projection period and other general parameters used throughout the analysis.

Users are responsible for providing accurate, complete and reasonable information in the Setup section. We are not liable for inaccuracies in the inputs provided by users which may affect the outputs of the investment appraisal.

You may modify Setup parameters while preparing the Analysis. Any change to the assumptions may cause the calculations and results generated elsewhere within the Platform to update accordingly.

Investments

The "Investments" section allows users to define and model individual investment projects.

Depending on the functionality available, Users may enter assumptions relating to investment details, capitalisable investment costs, non-capitalisable costs, revenue benefits, cost savings, variable costs, incremental operating costs, working capital, depreciation, tax, residual values and terminal values.

The Platform may allow a number of investment projects to be analysed and compared simultaneously, subject to the limits displayed in the Platform.

You are solely responsible for the accuracy, completeness and reasonableness of the assumptions entered. The Platform may assist in calculating projections based on those assumptions, but inaccurate, incomplete or unreasonable inputs may lead to inaccurate or inappropriate outputs.

You may modify investment assumptions and the projected outputs will update accordingly. Changes to assumptions may materially affect appraisal metrics, cash flows, profit and loss projections, rankings and other results.

Results

The "Results" section provides users with the calculated financial outputs of the investment appraisal.

These may include investment amount, Net Present Value ("NPV"), Internal Rate of Return ("IRR"), Accounting Rate of Return ("ARR"), Payback Period, Profitability Index ("PI"), Equivalent Annual Annuity ("EAA"), Cash View schedules, P&L View schedules, investment comparisons, rankings and charts.

The Results section is based entirely on the assumptions and information entered elsewhere in the Platform together with the calculation methodology applied by Capital Budgeting Pro.

We make no guarantee about the accuracy or appropriateness of the results where the assumptions provided are incomplete, inaccurate, inappropriate or unsuitable for the purpose for which the analysis is being prepared.

Investment rankings are analytical indicators only and should not be interpreted as a recommendation by Projectify to proceed with one investment instead of another.

Investment decisions may depend on strategic, operational, financing, regulatory, commercial and non-financial considerations which are not captured by the Platform.

Methodology

The "Methodology" section provides information on the financial modelling and appraisal conventions applied within Capital Budgeting Pro.

The Platform may apply assumptions and methodologies relating to matters including discounting, timing of cash flows, taxation, working capital, depreciation, residual values, terminal values and the calculation of appraisal metrics.

Users are responsible for reviewing and understanding the methodology before relying on the results generated by the Platform.

AI-Assisted Commentary

The Platform may allow Users to generate AI-assisted commentary based on the assumptions and results of the Analysis.

The commentary is intended to assist Users in reviewing and interpreting the financial outputs generated by the Platform.

AI-assisted commentary may be inaccurate, incomplete or unsuitable for a particular purpose and should always be reviewed by the User before being relied upon or shared.

Where the Platform allows Users to edit AI-assisted commentary, Users are responsible for reviewing and approving the final content before it is included in any report or shared with third parties.

AI-assisted commentary does not constitute financial, investment, accounting, tax, legal or other professional advice.

Report Preview And Exports

The Platform may allow Users to generate a preview of a professional PDF report based on the Analysis.

The preview may include a watermark or other indication that it is a preview and may be subject to restrictions intended to distinguish it from the final purchased report.

Where available, Users may purchase a final PDF report and Excel workbook based on the Analysis.

Exported documents are generated automatically from User data and Platform outputs. Users are responsible for reviewing all exported documents before relying on them or sharing them with third parties.

While reports and exported documents are intended to provide a structured summary of the Analysis, any business, investment or financing decision made using those outputs remains solely the responsibility of the User.

4. Free Access, Reports & Payment

Capital Budgeting Pro is intended to provide Users with free access to the main investment appraisal functionality made available through the Platform.

The free functionality may include input of assumptions, financial calculations, appraisal metrics, comparison tables, rankings, charts, Cash View, P&L View, AI-assisted commentary and PDF report preview, depending on the features available from time to time.

Certain outputs may require payment. At present, the final PDF report and supporting Excel workbook may be purchased for a one-time fee of EUR 15.00, subject to any valid promotional code, discount or revised pricing displayed on the Platform.

Before proceeding with a paid report, we encourage you to review the report preview and ensure that the assumptions, calculations, commentary and other information included in the Analysis are appropriate.

Payments may be processed through a third-party payment provider such as Stripe. By proceeding with payment, you may also become subject to the terms, conditions and privacy practices of the relevant payment provider.

Where promotion or coupon codes are made available, they may be subject to separate conditions including validity dates, usage restrictions or other limitations determined by Projectify or the payment provider.

Payment must generally be made in Euro unless another currency is expressly made available. You are responsible for any currency conversion charges or payment provider fees applied by your financial institution.

Once payment has been successfully completed, the Platform may generate and send the final PDF report and Excel workbook to the email address provided by the User.

Users are responsible for providing a valid and correct email address.

Where a purchased report is not received because of spam filtering, email restrictions, an incorrect address or other delivery issue, Users should contact us and we will make reasonable efforts to assist.

The final files associated with a paid report may be retained by Projectify for a reasonable period for the purposes of report delivery, support, transaction administration and possible resending. Users should nevertheless retain their own copies of all purchased reports.

Given the nature of digital reports that are generated specifically using User assumptions and made available following payment, payments are generally non-refundable once the final reports have been generated or delivered, except where otherwise required by applicable law.

Nothing in these Terms affects any mandatory consumer rights which may apply.

5. Support

For any query or concern, including technical queries, you can reach out to us through our contact channels, including by sending an email to hello@useprojectify.com.

We are committed to providing reasonable assistance in relation to the use of the Platform.

If you become aware of any issues, errors or irregularities with our Platform or Offerings, including but not limited to inaccuracies in data, calculation issues, system malfunctions or security concerns, you should notify us as soon as reasonably possible.

Failure to notify us may result in a delay in addressing the issue and could affect your use of the Offerings.

We will make reasonable efforts to investigate and resolve reported issues, but we are not liable for any consequence arising from a delay or failure to inform us of an issue of which you were aware.

6. Warranties & Undertakings

You undertake and warrant the following:

• To provide accurate and complete information where information is requested through the Platform;
• To comply fully with applicable local, national and international laws and regulations;
• To comply with our policies and rules concerning use of the Platform, privacy, intellectual property and technology;
• To use the Platform and technology provided only for their intended purposes; and
• To refrain from doing anything that may prejudice our infrastructure or interfere with the experience of another User.

Your use of the Portal and access to our Offerings is entirely at your own risk. Our Offerings are made available to you on an "as is", "with all faults" and "as available" basis.

To the fullest extent permitted by applicable law, we disclaim and exclude all warranties, conditions and representations of any kind, whether express, implied or statutory, including any implied warranties of merchantability, fitness for a particular purpose, title or non-infringement.

To the extent permitted by applicable law, we make no warranty or condition that the Offerings will meet your requirements, that they will be uninterrupted, timely, secure or error-free, that the results obtained from use of the Platform will always be accurate or reliable, or that the Offerings will meet your expectations.

We may include links to other websites or third-party applications. We are not responsible for the content, accuracy, security or opinions expressed through such websites and the inclusion of a link does not imply approval or endorsement by Projectify.

We do not guarantee uninterrupted or continuous availability of the Platform. Maintenance, upgrades, infrastructure changes or technical issues may result in temporary interruptions.

We do not guarantee that use of the Platform, its calculations, rankings, reports, commentary or other outputs will result in a successful investment, financing decision, business outcome, cost saving, return or any other specific financial outcome.

7. Intellectual Property Rights

Content Belonging To Us

All content uploaded to or displayed on our Portal by us, including any software embedded within it and generally all material which may be visually and/or audibly presented to you ("Our Content"), is either our intellectual property or that of our licensors.

This may include, without limitation, copyright, domain name rights, logos, trademarks, calculation methodologies, software, report structures, layouts, documentation, graphics, images, text, charts and other materials.

Our Content is protected by applicable laws concerning intellectual property and confidential information. All rights are reserved.

Reproduction, transfer, distribution or storage of part or all of Our Content in any form without our prior written permission is prohibited except where expressly permitted under these Terms.

We grant you a limited, personal, non-exclusive and non-transferable licence to access and use Our Content solely for the purposes described in these Terms.

You agree not to monitor, reproduce, copy, reverse engineer or otherwise use our Platform and Our Content except where this is expressly permitted.

Any data or information licensed to us from third parties is provided for use through the Platform only and may not be used for any separate commercial purpose without the consent of the relevant third party.

Content Uploaded By You

We do not claim ownership of any data, content or material which you enter, upload or otherwise make available through our Portal ("Your Content").

This may include company details, project descriptions, financial assumptions, investment information and other data used to prepare the Analysis.

By making Your Content available to us, you grant us a limited, non-exclusive licence to process and use Your Content solely for the purpose of operating, maintaining and improving the Platform and providing the Offerings to you, in accordance with our Privacy Policy.

You agree to ensure that Your Content complies with applicable law, does not infringe the rights of third parties and does not contain unlawful, defamatory, obscene, threatening or otherwise inappropriate material.

You are responsible for retaining separate copies of any information or reports that are important to you.

To the extent permitted by law, we accept no liability for the loss, destruction or corruption of data or content entered into or generated through the Platform.

Other

If you believe that any Content breaches your rights or the rights of a third party, please contact us without delay at hello@useprojectify.com.

8. Our Liability

To the fullest extent permitted by applicable law, we will not be liable for any indirect, incidental, special, consequential, punitive or exemplary damages, damages for loss of profits, goodwill or use, loss or corruption of data or other intangible losses, whether based on contract, tort, negligence or otherwise, arising out of or in connection with use of or inability to use our Offerings or reliance upon any content available through the Platform.

To the fullest extent permissible by law, we exclude all representations, warranties and guarantees, whether express or implied, that may apply to the Platform or generally to any content or material available whilst using our Offerings.

We exercise reasonable skill and care to seek to ensure that our Offerings are free from viruses and other malware. To the fullest extent permitted by law, we accept no liability for loss or damage arising from malware, denial-of-service attacks or other harmful material or events affecting your hardware, software, data or other material as a result of your use of our Offerings.

To the maximum extent permitted by applicable law, and unless otherwise excluded above, in no event will our total liability to you for all damages, losses or causes of action exceed the lower of:

• fifty Euro (€50); or
• the amount paid by you to us in the twelve months preceding the event giving rise to the claim.

This limitation applies in aggregate to all claims arising under or in connection with these Terms.

Nothing in these Terms excludes or restricts our liability for fraud or fraudulent misrepresentation, death or personal injury caused by negligence or any other liability which cannot lawfully be excluded or restricted.

We will not be liable or responsible for failure to perform or delay in performance of any obligation caused by events outside our reasonable control, including internet failures, cloud hosting failures, third-party service provider failures, payment provider outages, email delivery failures and cyber incidents.

9. Suspension, Termination & Related Matters

We have the right to restrict, suspend or terminate your right to use and access our Offerings if you breach these Terms or any other legal agreement in force between us, or if allowing continued use of our Offerings would violate applicable law or a court order.

Where appropriate and where circumstances permit, we may notify you of the reason for such restriction or termination.

Because Capital Budgeting Pro does not currently require Users to maintain an account, termination may take the form of blocking, restricting or otherwise preventing access to some or all functionality.

You acknowledge that we are not an archival service and do not guarantee the indefinite retention of any Analysis, assumptions, reports or other information associated with use of the Platform.

Users are responsible for downloading and retaining copies of any reports or information they wish to preserve.

We have the right to deactivate, remove, modify or replace our Offerings or any specific functionality at our discretion. Where reasonably possible, we may provide notice where we believe that a change would materially affect Users.

You acknowledge and agree that, to the extent permitted by law, we will not be liable to you or any third party where we exercise the rights described above.

10. Viruses, Malware And Security

You are responsible for protecting your hardware, software, data and other material from viruses, malware and other internet security risks.

You must not do, attempt to do, or assist any third party to:

• decipher, decompile or reverse engineer any software or code used in relation to our Offerings;
• circumvent, disable, override or interfere with any security feature used to safeguard our infrastructure, Platform or Content;
• interfere with or place an unreasonable load on our infrastructure;
• frame, mirror or otherwise simulate the appearance or functionality of our Offerings; or
• access information, reports, files or data without permission.

You must not deliberately introduce viruses, malware or other malicious or technologically harmful material through or into our Offerings.

You must not attempt to gain unauthorised access to any part of our Offerings, any server on which the Offerings are hosted or stored, or any server, computer or database connected to our Offerings.

You must not attack our infrastructure by means of a denial-of-service attack, distributed denial-of-service attack or other malicious means.

11. Data Protection & Privacy

All personal information that we may use will be collected, processed and held in accordance with the provisions of Regulation (EU) 2016/679, the General Data Protection Regulation ("GDPR"), and other applicable data protection legislation.

For complete details of our collection, processing, storage and retention of personal data, including the purposes for which personal data is used, legal bases for processing, applicable data subject rights and sharing of information, please refer to our Privacy Policy, available through Capital Budgeting Pro.

The Privacy Policy is incorporated into these Terms by this reference.

To provide AI-assisted commentary, report generation, paid report delivery and related functionality, we may process User inputs, appraisal data, report content and relevant delivery information in accordance with our Privacy Policy.

Where Your Content includes personal data relating to another person, you are responsible for ensuring that you are lawfully entitled to provide such data to us and that its processing through the Platform complies with applicable data protection laws.

12. Entire Agreement; Changes To These Terms

These Terms and any other document expressly referred to herein constitute the whole agreement between us and supersede all previous discussions, correspondence, negotiations, arrangements, understandings or agreements between us relating to this subject matter.

We both agree that neither of us relied on any representation or warranty, whether made innocently or negligently, that is not set out in these Terms or the documents expressly referred to in them.

We may alter these Terms from time to time. Where appropriate, we will inform Users of material changes by means we consider reasonable in the circumstances.

In the event of any conflict between the current version of these Terms and a previous version, the version current and in effect shall prevail unless expressly stated otherwise.

13. Feedback & Complaints

It is important to us that your feedback is heard.

You may send complaints, suggestions or queries regarding use of the Platform by contacting us through any of our contact channels.

All messages will be handled with reasonable care and, where appropriate, confidentiality.

Upon receiving feedback or a complaint, we will endeavour to respond as soon as reasonably practicable.

14. Waiver, Severability

Our failure or delay to enforce any provision of these Terms does not constitute a waiver of our right to do so at a later date.

If any provision of these Terms is found by a court or competent administrative body to be invalid or unenforceable, the invalidity or unenforceability of that provision will not affect the remaining provisions and all provisions not affected shall remain in full force and effect.

15. Assignment

We reserve the right, without your consent, to assign these Terms and our rights and obligations under these Terms to a third party.

This may occur as part of, or in preparation for, a corporate transaction or in other circumstances where we reasonably decide to transfer the business or Platform.

16. Law & Jurisdiction

These Terms, and the relationship between you and us, whether contractual or otherwise, shall be governed by and construed in accordance with the laws of Malta.

You agree to submit to the non-exclusive jurisdiction of the Courts of Malta for settlement of any matter or dispute arising out of these Terms or generally arising from use of the Platform or our Offerings.

This choice of applicable law and jurisdiction shall not deprive any User of protections which cannot lawfully be excluded or restricted under the law which would otherwise apply.

17. Contact Details

Questions concerning these Terms or Capital Budgeting Pro may be directed to:

Projectify

58 Valley Road
Birkirkara BKR 9013
Malta

Email: hello@useprojectify.com

Website: www.useprojectify.com

*Projectify is a business operated in Malta by David Busuttil (VAT No. MT27648515).

Version 1 · Date: 1st October 2026