Terms and conditions of use

1. General Information

These Terms and Conditions of Use (“TCU”) govern the use by the user (“User”) of the functionalities offered through the website https://motorverde.fundacionrepsol.com (“Website”) by its owner, REPSOL IMPACTO SOCIAL, S.L.U. (“RIS”), a Spanish entity with NIF B-88502927, registered office at C/Méndez Álvaro nº 44, 28045 Madrid (Spain).2025.11.17 Marketplace - Actualizacion Terminos y condiciones

RIS is a company wholly owned by Fundación Repsol, which, together with Grupo Sylvestris, S.L., has developed a programme called “Motor Verde”, aimed at developing CO2 absorption projects in the Iberian Peninsula (“Motor Verde”), with the objective of covering a wide area in the coming years. These carbon absorption projects are based on the reforestation and afforestation of wastelands or areas previously affected by fires, with the aim of regenerating these natural spaces with a triple positive impact: environmental, social, and economic, for society (“Forests”).2025.11.17 Marketplace - Actualizacion Terminos y condiciones

For Forests located in Spain, these may be registered or in the process of registration in the “Spanish Registry of Carbon Footprint, Compensation and CO2 Absorption Projects” under the Ministry for the Ecological Transition and the Demographic Challenge of the Government of Spain (“MITERD”), through the Spanish Office for Climate Change (“OECC”).2025.11.17 Marketplace - Actualizacion Terminos y condiciones

As part of Motor Verde, RIS has developed the Website as a technological tool to enable the User to participate in the Forests through: (i) a voluntary financial contribution to various Forests to enable the reforestation and conservation of natural ecosystems in the fight against climate change (“Contribution to Reforestation”) and, where applicable, (ii) the Acquisition of CO2 absorptions for carbon footprint compensation in the Spanish Registry (hereinafter, the “Acquisition of CO2 Absorptions”).2025.11.17 Marketplace - Actualizacion Terminos y condiciones

These TCU apply to all functionalities of the Website used by the User. Therefore, the use of the RIS Website, as well as the contribution, acquisition, and/or contracting of any RIS or third-party product or service through the Website, implies, in all cases, the prior reading and acceptance—by ticking the corresponding box—of these TCU, which are complemented by the specific conditions of such functionality, product, or service, and by the provisions of the Legal Notice, Privacy Policy, and Cookies Policy of the Website. Once the User accepts these TCU, an electronic file evidencing the contract with contractual value will be generated and electronically archived in RIS’s files.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

2. Objective and Subjective Scope

Objective Scope

These TCU are intended to regulate the complete legal relationship arising from the use of the functionalities, products, or services made available to the User by RIS on the Website, with the User accepting these TCU in full as set out above, without prejudice to the specific regulations applicable and the particular conditions established and applicable to each specific case, which will be made available to the User prior to the formalisation of such contracting.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

Subjective Scope

These TCU are addressed to all Users who use the Website, whether natural persons—who must always be of legal age and have full legal capacity—or legal entities, through their duly authorised legal representatives, in which case the User declares and guarantees that they are authorised to register and act on behalf of the relevant legal entity and have the capacity to bind such organisations or entities.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

If the User qualifies as a consumer under applicable law, these TCU will be interpreted and applied in accordance with such mandatory regulations. In this case, the right of withdrawal of fourteen days and other legal guarantees will prevail; submission to the agreed jurisdiction will not be enforceable, and the consumer User may take action before the competent courts according to their domicile and mandatory rules; and any limitation of liability, exclusion of damages, or condition contrary to consumer regulations will not apply. In case of contradiction, mandatory consumer protection regulations will prevail. The above does not affect relationships where the User acts within their business or professional activity.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

3. Purpose of the Website

The purpose of the Website is:

To publicise the Forests promoted or supported by RIS as part of its social purpose and commitment to sustainability, the environment, and the fight against climate change.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
To facilitate participation in Forests in the Iberian Peninsula through:

3.2.1 A Contribution to Reforestation

The User may manage their request to contribute financially to a series of Forests in different locations across the Iberian Peninsula. The User should note that their financial contribution to the Forests will be used to reforest, or assume the economic impact of what has already been reforested, a part of the forest area in question—calculated automatically in square metres or units of trees or CO2, based on the amount contributed—but will not be considered as “compensation” for their carbon footprint as indicated by the applicable regulations and/or bodies, specifically by the OECC of the MITERD. The financial contribution is voluntary and does not grant the User any right of ownership, use, access, control, carbon footprint compensation, benefits, usufruct, title, yield, or participation over the land, projects, results, carbon credits, or any tangible or intangible asset related thereto, being solely a support for reforestation, without generating any additional rights of any kind.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

3.2.2 Acquisition of CO2 Absorptions for Carbon Footprint Compensation in the Spanish Registry

A legal entity User wishing to acquire absorptions to offset their carbon footprint in the Spanish Registry of the OECC of the MITERD must meet the following conditions:

Prove that they are in the process of or have completed the registration of their carbon footprint with the MITERD and have therefore obtained or are in the process of obtaining the “CALCULO” seal.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Users wishing to offset at least 75% of their carbon footprint must make a Contribution to Reforestation through the Website, for a volume equal to or greater than twice the tonnes they wish to offset. As a result, they will receive 50% of these tonnes associated with said contribution, which may be used for the voluntary offsetting of their carbon footprint in the MITERD.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Users wishing to offset less than 75% of their carbon footprint must make a Contribution to Reforestation through the Website, for an amount equal to or greater than TEN THOUSAND EUROS (€10,000) including VAT. As a result, they will receive 18% of these tonnes associated with said contribution, which may be used for the voluntary offsetting of their carbon footprint in the MITERD.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Prior notification to RIS by email (participamotorverde@repsolimpactosocial.com) of their intention to make an Acquisition of absorptions.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Compliance with RIS’s third-party due diligence measures.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Absorptions for carbon footprint compensation will be delivered to the User once payment is effective, in a single transaction or by subscription, until the contribution amount is completed.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
This modality does not apply to Contributions to Reforestation made prior to 27/11/2024; it is not retroactive to that date.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
The contract for the acquisition of CO2 absorptions for carbon footprint compensation must be signed and sent to RIS once the Contribution to Reforestation has been made through the Website.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

This acquisition will entitle the User to offset their CO2 emissions in the Spanish Registry of Carbon Footprint and Compensation of the OECC, enabling them to receive the “COMPENSO” seal granted by the MITERD to entities voluntarily registered in the aforementioned registry.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

For clarification, the User may only acquire absorptions available for compensation in the OECC Spanish Registry. The allocation of absorptions for compensation will be made in a single act and once the contribution payment is completed.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

4. Procedures

4.1 Procedure for Contribution to Reforestation

The Contribution to Reforestation will be made through the Website, following this procedure:

Selection: Once the User has chosen the Forest to which they wish to contribute, they must click the corresponding icon, which will redirect them to a summary page with the contribution details, where they can verify that all information matches what was agreed.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Registration on the Website: To manage their Contribution to Reforestation, the User must complete the registration process as a Website User, which implies full and express acceptance of the Website’s privacy policy. The User must follow the steps shown on their device screen, creating a personal and non-transferable password for quick access to their personal data and User status, without having to repeat the process for future contributions. The User may modify their data at any time using their password.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Payment of the Contribution: Once registered, the User must expressly accept the TCU by clicking, and will then be redirected to the payment gateway to make their Contribution to Reforestation. The payment gateway is a secure page where the User can enter their details according to the chosen payment method (bank card, Bizum, bank transfer, or Waylet) and must follow the indicated steps to formalise the contribution. RIS guarantees that all transactions made through the Website are completely secure and that no additional or different amounts will be charged to Users than those specified on the Website at the time of contribution or payment. All information provided by the User during the contribution or payment process is automatically computerised, and the transmission of personal data takes place in a secure environment, with an online server that encrypts the information and thus prevents access by unauthorised third parties.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
RIS guarantees that the financial contributions made to Reforestation will be allocated to the committed Forests or trees. No transactions will be made on the same kilos of CO2 in Forests in which a User has previously participated.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Confirmation of the Contribution: Once the financial contribution has been made, the User will receive an email with the corresponding invoice and another email with a link to download a document including the details of their contribution. If the User does not make the payment within the deadline and in the correct manner, their Contribution to Reforestation will be cancelled, and the documents issued will be cancelled and reflected in the User’s personal area.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

4.2 Procedure for Acquisition of CO2 Absorptions for Carbon Footprint Compensation in the Spanish Registry

Upon confirmation of the Contribution to Reforestation, if the User meets the conditions set out in section 3.2.2 and wishes to acquire CO2 absorptions for carbon footprint compensation in the Spanish Registry, they must contact RIS by email (participamotorverde@repsolimpactosocial.com), expressly stating their intention to acquire CO2 absorptions for compensation in the Spanish Registry. The User will receive an email with the necessary information to start the acquisition process. RIS must receive, within the indicated period, all documentation requested in that email, as well as the duly signed acquisition contract by the legal entity User. Once the contract is signed, RIS may manage, on behalf of the legal entity User, the compensation of their carbon footprint with the Spanish Registry of the OECC of the MITERD. For this, the User must provide RIS with all the necessary information for the corresponding processing.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

5. Accrual of Obligations

The Contribution to Reforestation will not be binding until the User formalises it in accordance with the procedure above, from which point both parties will be bound by these TCU. RIS’s acceptance of any Contribution to Reforestation request made by the User will only take effect from the moment of receipt by RIS, provided it occurs within the validity period of the offer and meets the requirements set out in these TCU. RIS may refuse a Contribution to Reforestation for the following reasons:

If security systems indicate that the contribution or payment may be fraudulent.
If there are reasons to believe the User is underage.
If the User has chosen payment by bank transfer and it is not completed in time and form.

In cases 1 and 2, RIS will fully refund any amounts paid by the User.

6. Price, Currency, Taxes, and Invoice

Prices and Rates: When making Contributions to Reforestation or Acquisitions of CO2 absorptions for carbon footprint compensation in the Spanish Registry, the User will expressly accept the amounts and associated information in force and published on the Website at that time. In the event of a typographical error in any of the characteristics, and the User has made the contribution or payment by mistake, they will be immediately informed of this error and the actual amount, with the right to terminate the contract if they wish.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Currencies and Rates: Amounts indicated on the Website will always be shown in euros, including VAT.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Invoice: RIS will send the User an electronic invoice to the email address provided during Website registration. The invoice will be issued with the identification data (name and surname, company name, and CIF, NIF, or equivalent document) included in the Website registration form.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Simplified Invoice: The Website allows the User to make Contributions to Reforestation via a simplified invoice, without the need to register. This option is exceptional and only available as part of campaigns carried out in collaboration with other organisations through a specific page, always for amounts less than FOUR HUNDRED EUROS (€400) including VAT.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

7. Right of Withdrawal and Other Guarantees for Consumer Users

What it is: The User may exercise the right of withdrawal under the terms established in the Consumer and User Law: this is the right of the User as a final consumer to cancel a distance contract in certain cases, without justification or penalty.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
How to exercise it: To exercise the right of withdrawal, the User must notify RIS at participamotorverde@repsolimpactosocial.com within fourteen (14) calendar days from the formalisation of the contribution.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Exceptions: The right of withdrawal has some exceptions: if the contracted service has already been fully performed or the procedure to perform it has begun, the User will lose the right to withdraw. The right is also lost if the contract provides for a specific date or period of execution.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Guarantee: In accordance with Royal Legislative Decree 1/2007, RIS is obliged to deliver to the User what was contracted through the Website, under the conditions described at the time of payment, with the User having the right to terminate the contract.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

8. User Guarantees and Responsibility

Guarantees: The User guarantees that all data provided, both for identification and payment purposes, are accurate. The User also guarantees that they are the legitimate holder of the payment method used, or have sufficient legal authority if making payment on behalf of a legal entity. RIS reserves the right to take any legal action against the User.2025.11.17 Marketplace - Actualizacion Terminos y condiciones
Responsibility for Information Provided: The User is responsible for the data provided and assumes any risk inherent in providing them via the Internet. Notwithstanding the above, RIS uses all available means to protect and guarantee the confidentiality of such data and is therefore exempt from any fraudulent use of such data by a third party.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

9. Website Availability and Enquiry Hours

The Website will be available twenty-four (24) hours a day; however, service may be interrupted for maintenance. Email enquiries will be answered from 9:00 to 18:00 (Spanish time) on working days, with a maximum response time of fifteen (15) working days.2025.11.17 Marketplace - Actualizacion Terminos y condiciones

10. Guarantees and Liability of RIS

RIS guarantees that Contributions to Reforestation made through the Platform are allocated to CO₂ absorption projects managed by RIS in the Forests linked to the Motor Verde programme.

RIS will inform the User regarding the Forest selected by the User on the Website, providing at least the following details: information about the Forest, type of project, location, area, and project duration.

Should any issue arise with the Forest selected by the User, RIS may reassign the User’s Contribution to another available Forest without the need for the User’s prior consent. This circumstance will be communicated to the User in a timely manner.

RIS’s liability in the event of any claim shall, in any case, be limited to the reimbursement of the amount paid by the User for their Contribution to the Reforestation of the chosen Forest. To the fullest extent permitted by law, RIS shall not be liable for any indirect damages, and, in particular, for any loss, damage or claim, liability, expense, penalty, consequential damage, loss of profit, or any other concept.

RIS shall not be liable, under any circumstances, for the total or partial loss of the forest mass reforested or managed within the framework of the Motor Verde projects when such loss is due to causes beyond its management and control, such as fires, pests, forest diseases, extreme weather events, floods, droughts, acts of vandalism, actions by third parties, or any other case of force majeure or fortuitous event. In such circumstances, the User acknowledges and accepts that RIS shall be exempt from any obligation of restitution, compensation, or additional indemnity.

In the case of the Acquisition of CO₂ Absorptions for the compensation of carbon footprint in the Spanish Register, the guarantees and liabilities shall be governed by the provisions of the corresponding contract signed between the parties. [2025.11.17...ondiciones | Word]

11. Intellectual Property

All trademarks, trade names, or distinctive signs of any kind that appear on the Website (“Trademarks”) are the property of RIS or third parties, and the use or access to the Website does not grant the User any rights over said Trademarks. The Trademarks are subject to the applicable legislation on intellectual and industrial property, and their reproduction or use without the authorisation of their owner is prohibited.

All Content (including, among others, data, texts, photographs, images, video, audio, graphics, articles, comments, software, code, scripts), including the Website itself, is the intellectual property of RIS or third parties. Under no circumstances shall it be understood that, by virtue of these TCU, any exploitation rights that exist or may exist over the Content are transferred to the User, beyond what is strictly necessary for the correct use of the Website. The User undertakes not to copy, imitate, or use the Content, in whole or in part, without the prior written authorisation of RIS.

If the User considers that their legitimate rights have been violated by the introduction of certain content on the Website, the User must notify RIS of this circumstance, indicating:

Their personal details. If the claim is submitted by a third party other than the User, the legal representation under which they act must be indicated.
Identification of the Content protected by industrial or intellectual property rights and its location on the Website (indicating the URL link).
Proof of the aforementioned industrial or intellectual property rights.
An express declaration in which the User is responsible for the veracity of the information provided in the notification.
Any reference to third-party intellectual or industrial property rights included on the Website implies recognition by RIS of the corresponding rights in favour of their holders. Their inclusion or reference on the Website does not imply the existence of any sponsorship or recommendation by RIS of the referenced Trademarks or Content. The legitimacy of the intellectual or industrial property rights corresponding to Content provided by third parties is the sole responsibility of those parties.
As the sole holder of the intellectual property rights of the Website as a whole, RIS has the exclusive right to exercise the rights derived therefrom, and, consequently, is the only entity that can authorise any activity derived from the exploitation rights, in particular, the rights of reproduction, public communication, distribution, making available to the public, or the right of transformation, in whatever format is used. [2025.11.17...ondiciones | Word]

12. Miscellaneous

Language – These TCU are drafted in Spanish and translated into English and Portuguese, as are all the online formalisation steps for any of the procedures indicated on the Website. The Spanish version shall prevail over the translations in the event of any discrepancy between them.

Modifications – RIS reserves the right to make appropriate modifications to the TCU without prior notice. Such modifications will be published on the Website, by any means admissible by law, and will be fully valid until replaced by subsequent ones. Notwithstanding any modifications made by RIS, Users will always be subject to the version of the TCU in force when they made their contribution to the specific Project. The User, for their part, may not modify these TCU unless such modification is expressly accepted in writing by RIS.

Validity – The rights and obligations set out in these TCU shall remain in force for as long as the Forest is available for contribution and shall continue to apply as appropriate.

Assignment of the contract – Contracts formalised between RIS and Users are personal in nature and, once formalised, may not be assigned to third parties.

Unique conditions – RIS explicitly refuses to submit to any other conditions concerning User contributions that do not conform to those described in these TCU.

Entire agreement – These TCU—together with any particular conditions that may apply—and the contract for the Acquisition of CO₂ absorption rights, where applicable, constitute the complete contract between RIS and the User, with no additional terms, conditions, obligations, or clauses in relation to the subject matter contained in other documents

Partial nullity – Should any of the clauses contained herein be declared null and void, the remaining TCU shall not be affected and shall remain fully valid and applicable.

Communications – The User must use any communication material or reference to the Motor Verde project exclusively to communicate their participation in the project, without transferring it to third parties without RIS’s written authorisation. Any use of these materials or reference to participation in the project must be notified to RIS at least fifteen working days in advance and approved in advance by RIS, which will respond within a maximum of ten working days. The User is responsible for any misuse and must indemnify RIS for any resulting claim. All communication materials are the exclusive property of RIS. RIS may modify or update these materials at any time, and the User must adopt the new material provided. The right to use these materials extends exclusively to the period of the User’s participation in the project.

Comments, complaints, and claims forms – Users may make any comment, complaint, suggestion, or claim through the various means indicated in the heading of these TCU—postal mail, email.

Indemnity for environmental claims by the User – The User acting in their business or professional capacity shall defend and hold RIS harmless against claims, penalties, damages, costs, and expenses (including reasonable legal fees) arising from environmental or climate neutrality claims made by the User in their communications or materials that are contrary to the applicable regulations at any given time. [2025.11.17...ondiciones | Word]

13. Applicable Law and Jurisdiction

Applicable law – For the interpretation of these TCU, the provisions of the applicable common Spanish legislation shall apply.

Jurisdiction – The parties expressly submit to the jurisdiction of the Courts and Tribunals of the city of Madrid for the resolution of any dispute relating to the interpretation of these TCU.

Date of publication: November 17, 2025