INSURANCE POLICY no 10 / 467126 / 22.01.2021

GRK Infra AS Riia tn 142 Tartu linn 50411 Tartu maakond

Contact person: Martti-Sten Merilai

sales manager Phone 628 1850

e-post: [email protected] Maakri 19/1 Tallinn

Compensa Vienna Insurance Group, ADB Eesti filiaal, Reg no 12970620, VAT no EE102263871 Maakri 19/1, 10145 Tallinn Estonia, Phone 628 1800, www.seesam.ee

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Company name

GRK Infra AS

Registry code

12579850 POLICYHOLDER

Email

[email protected]

Contact Phone

+37258866947

INSURANCE CONTRACT Insurance period

01.01.2021 - 31.12.2021

Type of insurance contract

Fixed-term contract

Activity

Infrastructure contracting INSURANCE OBJECT

Valid In

Europe

Discovery Period until

-

Retroactive cover

-

ADDITIONAL INFORMATION Deductible 2 000 EUR

OPTIONS OF INSURANCE COVERAGE

- General Liability, Sum insured 1 000 000 €

INSURANCE TERMS AND CONDITIONS

Seesam's General Liability Insurance Terms and Conditions 1/2020, valid from 01.07.2020.

INSURANCE COVER, GENERAL LIABILITY

An insured event is deemed occurred if all of the following terms and conditions exist: - the insured person has caused damage to the third party, - the third party has incurred bodily injury or property damage or expenses of elimination of environmental pollution during the insurance period, - damage arises from the insured activity, - the insured person has a non-contractual or contractual obligation to indemnify the third party for damage within the scope provided by the insurance terms and conditions.

LIABILITY INSURANCE MAXIMUM INDEMNITY

Maximum amount of indemnity per one loss event, as well as the aggregate of all indemnities, is the sum insured given in the insurance policy.

TOTAL PREMIUM FOR PERIOD

Period premium

3 289,00 €

premium will be paid by

1 installment

START OF SEESAM'S LIABILITY

Seesam's liability starts at the point of time agreed by the parties and recorded in the insurance policy. If no point of time has been agreed, Seesam's liability starts when the policyholder has submitted or sent an affirmative reply to the offer of the other contracting party.

REPLACING THE POLICY AND COPIES OF THE APPLICATIONS

In case of the policy getting lost or being perished the Policyholder can demand from the Insurer to issue the replacement policy. The Policyholder can demand the copy of any expression of will made by him/her in writing in reproducible form with respect to the contract. The Insurer has a right to demand the compensation of reasonable expenses in case of issuing aforegiven documents.

COMPETENT INSURANCE SUPERVISION

Financial Supervision Authority of the Republic of Estonia at Sakala 4, 15030 Tallinn.

INSURANCE POLICY no 10 / 467126 / 22.01.2021

Compensa Vienna Insurance Group, ADB Eesti filiaal, Reg no 12970620, VAT no EE102263871 Maakri 19/1, 10145 Tallinn Estonia, Phone 628 1800, www.seesam.ee

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TERM OF INFORMING ABOUT THE INSURED EVENT

Seesam must be informed about the loss event immediately. The notice may be submitted to Seesam via website www.seesam.ee or by e-mail [email protected] or by phone (+372) 628 1700. The police must be immediately informed about any offence connected with the loss event.

APPLICABLE LAW Estonian law applies to disputes between insurance contract parties arising from the insurance contract.

ACCURACY OF THE INFORMATION

Please check the accuracy of the information. In case incorrect data was provided or insurable interest was unspecified, your contact person must be informed within 14 days after receiving the policy. Otherwise information set out in a policy is deemed to be valid. It is also necessary to inform immediately of any changes taken place during the insurance period.

GENERAL TERMS AND CONDITIONS

Seesam`s General Terms and Conditions 1/2020, valid form 01.07.2020.

ACCESS THE CONDITIONS The policyholder can access the insurance conditions and the General Principles for the Processing of Personal Data at website www.seesam.ee or Seesam's offices. If you are not able to access the conditions, please inform your contact person immediately.

SPECIAL AGREEMENTS AND ADDITIONAL INFORMATION

This policy is part of a global Liability insurance programme of GRK Infra Oy (ex. Graniittirakennus Kallio Oy). Exclusions: Motor/auto liability, liability arising out of aircraft or watercraft, Gradual Pollution, Professional Indemnity/ pure advice, Libel/slander, Product Recall, Product Guarantee, Pure Financial Loss, Asbestos, Property in the Insured's Custody and Control, Employers Liability except residual Employers Liability if this is good local standard, Terrorism , E Riss, War, Contractual Liability, Property at the disposal of the Insured, Defamation or invasion of privacy, Product designed for aviation, Nuclear damage, HIV and AIDS, Tobacco, Blasting operations, Penalties and fines, "Chemical products (lead, PCB, Chlorinated hydrocarbons, Ureaformaldehyde, DES, EMF, Welding fumes, Silica, GMO, Nanotechnology elements in products, Fungi bacteria and toxic mold). Sanction Limitation and Exclusion Clause Sanction Limitation and Exclusion Clause Pohjola Insurance Ltd or any subsidiary, affiliate or network partner of Pohjola Insurance Ltd shall not be deemed to provide cover or to be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose them to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or United States of America.

SEESAM'S REPRESENTATIVE

First name and surname

Emil Viilup

Profession

Underwriter Property & Casualty

Signature