TERMS OF PAYMENT, STORAGE AND DELIVERY 1 - COSTS TO BE PAID BY THE BUYER In addition to the hammer price, the buyer shall pay: 25% including VAT, plus: - 1.8% including VAT in the case of purchases made via the interencheres.com website. - resale royalty (where applicable): which applies only to original works by living artists or those who have been deceased for less than 70 years, and only to hammer prices of €750 or more. The rate is 4% from €750 to €50,000 and then 3% from €50,001 to €200,000, in accordance with the Decree of 9 May 2007, to which reference should be made for other brackets and any furtherinformation. Once the bid has been accepted, purchases are the sole responsibility of the successful bidder. It is the responsibility of successful bidders to insure their lots, if necessary, immediately upon acceptance of the bid. 2 - PAYMENT - CASH payment required upon receipt of the auction receipt, with preference given to digital payment methods due to COVID • For telephone bidders: Upon the award of the lot, the successful bidder must provide their name and address and make payment in cash by either CREDIT CARD, BANK TRANSFER, BANK CHEQUE or in cash (€1,000 for French private individuals and €15,000 for non-French private individuals). • For buyers attending in person: This depends on the total amount of your invoice, which will be sent to you by email after the sale. - If the total is less than €1,200, unless you send a written objection by email to [email protected], your credit card registered with Interencheres will be debited. In the event of a cancellation, you must pay immediately using one of the other payment methods available to buyers in the auction room or by telephone as listed above. - If the total is over €1,200, we will send you a 3D Secure link which you simply need to follow to complete the payment. Please note that, pursuant to Article L 441-6 of the French Commercial Code, any delay in payment will result in a penalty calculated at three times the statutory interest rate in force. Furthermore, in the event of debt recovery, each auction lot will be subject to a fixed compensation fee of €40 excluding VAT. Any successful bidder for a lot that remains unpaid to COMPIEGNE ENCHERES SARL or who has been subject toa late payment is liable to be registered on the TEMIS Register (list of persons barred from attending auctions) (see the full terms and conditions of sale). 3 - COLLECTION OF LOTS – STORAGE CHARGES FOR LATE COLLECTION Collection will take place by appointment to avoid any waiting time. Successful bidders are advised to collect their lots within one week to avoid any storage and security charges, which will be at their expense at a rate of €6 (excl. VAT) per day per item. 4 - DELIVERY AND SHIPPING NOW AVAILABLE - For the shipment of any item (excluding furniture), we work with MAILBOXES, a specialist in packaging and shipping. Simply email a request for a quote, along with your item list, to [email protected] or contact them on +33 (0)3 44 22 42 84. THEPACKENGERS 01 76 44 00 90 or [email protected] Sales fees: 25% incl. VAT for voluntary sales and 14.28% incl. VAT for judicial sales