CONFLICTS OF INTEREST
CONFLICT OF INTEREST MANAGEMENT POLICY
Lendosphere has established a policy to identify and manage conflicts of interest inherent to its activities, in accordance with the provisions of Regulation (EU) 2020/1503.
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RIGHT OF FIRST REFUSAL
Lendosphere informs investors of a right of first refusal granted to the asset management company 123 im (the "SGP"), majority shareholder of Lendosphere, under the following conditions:
- For amounts below €1.5 million, funding opportunities are exclusively presented online to Lendosphere investors.
- For amounts exceeding €1.5 million, funding opportunities that have undergone prior analysis by Lendosphere are systematically presented to the ad hoc investment committee of the SGP.
- Subject to approval by the investment committee, the SGP may invest up to 90% of the total amount to be financed, with 10% reserved for Lendosphere investors.
- In case Lendosphere investors do not subscribe to the 10% portion, the SGP may subscribe to the entire remaining amount to be financed.
The right of first refusal does not impose any obligation on the SGP to invest; investment decisions are made at its discretion. The right of first refusal represents a maximum right that the SGP may or may not choose to exercise in whole or in part.