A sales commission of 30% including VAT (i.e. 25% excluding VAT) will be added to the auction price. THE AUCTION WILL NOT BE BROADCAST LIVE ON INTERENCHÈRES Bidding: The successful bidder will be the highest bidder and the last bidder to have registered in advance. All bidders are deemed to be bidding on their own behalf and are solely responsible for their bids. No changes may be made after the sale. In the event that a reserve price has been stipulated by the seller, EUVRARD & FABRE reserves the right to bid on behalf of the seller until the reserve price is reached. The reserve price may not exceed the lower estimate stated in the catalogue or publicly amended prior to the sale. Payment of the purchase price: The sale is conducted in euros and is expressly for cash payment. In addition to the hammer price, the successful bidder must pay sales taxes and fees amounting to 30% including VAT (i.e. 25% excluding VAT). No lot will be handed over to the buyer until all sums due have been paid in full. Payment must be made no later than one month after the close of the sale; failing this, late payment penalties amounting to 10% of the purchase price will be applied, along with storage charges. Methods of payment: – by cheque, which must be accompanied by proof of identity; only the cashing of an uncertified cheque constitutes payment and transfer of ownership. Cheques drawn on a foreign bank will only be accepted with the prior consent of the Auction House. To this end, buyers are advised to obtain, prior to the sale, a letter of credit from their bank for an amount approximating their intended purchase, which they must submit to the Auction House - in cash, up to the total amount including taxes and fees, €1,000 for French resident individuals and professionals, and €15,000 for foreign individuals, subject to proof of identity, the source of the funds and their declaration of the sums to the customs authorities, Decree neme2010 - 662 of 16 June 2010. - by bank transfer, quoting the payment reference number Our bank details: IBAN: FR76 3000 3032 9000 0204 5948 707 BIC: SOGEFRPP On our website: https://www.euvrard-fabre.com/paiement-en-ligne Payment by Visa and MasterCard is currently being considered at 14, rue Cler 75007 Paris EUVRARD & FABRE, acting as a sales intermediary, is subject to anti-money laundering and counter-terrorist financing obligations pursuant to Article L-561-2 of the Monetary and Financial Code. VAT: The VAT included in the margin may be refunded to buyers who are not residents of the European Union upon submission to the SVV of the customs export document (copy Neme3), endorsed by customs, within two months of the sale. No VAT-exclusive invoice will be issued without official proof of export; an intra-Community VAT number alone is not sufficient. Failure to pay: Should the successful bidder fail to pay within three months of the date of the auction, and following a formal notice that has remained unheeded, the item shall be put up for sale again at the seller’s request, following a void auction of the defaulting successful bidder’s bid. If the seller does not make such a request within three months of the auction, the sale shall be automatically rescinded, without prejudice to any damages owed by the defaulting successful bidder. In the event of failure by the successful bidder to pay the sums due within the three-month period, or in the event of the sale being declared null and void by a court order, the costs relating to the cancelled sale shall remain payable by the successful bidder. In such a case, EUVRARD & FABRE is entitled to cash the cheque provided as security or to debit the successful bidder’s bank account for the sum corresponding to the security required under the terms and conditions of sale. This sum shall be allocated on a pro rata basis to the seller of the lot and to EUVRARD & FABRE as partial compensation for the damages and losses caused by the successful bidder’s default and faults, without prejudice to any additional damages. In all cases, EUVRARD & FABRE reserves the right to claim from the defaulting successful bidder:– interest at the European Central Bank’s half-yearly reference rate (REFI) as at 1 January and 1 July, plus 10 basis points;– reimbursement of the additional costs incurred as a result of the successful bidder’s default, including storage, transport and catalogue costs, as well as statutory and additional flat-rate recovery costs, etc.; – any auction fees still due in respect of the cancelled sale and the loss suffered by EUVRARD & FABRE corresponding to the seller’s fees;– payment of the difference between the initial hammer price and either the hammer price achieved in the re-auction (if lower), together with the costs incurred by the re-auction, or the low estimate, if the sale is automatically rescinded; EUVRARD & FABRE also reserves the right to set off any amounts due to the defaulting successful bidder. EUVRARD & FABRE reserves the right to exclude from its future sales any successful bidder who has defaulted or who has failed to comply with these general terms and conditions of purchase.

SVV EUVRARD & FABRE acts as an auctioneer for voluntary sales of furniture at public auctions, governed by Articles L 312-4 et seq. of the Commercial Code and the Ministerial Order of 21 February 2012 defining the ethical obligations of auctioneers. The auctioneer acts as the seller’s agent, and its relationship with bidders is governed by these terms and conditions of sale, which may be amended by written or oral notices prior to the sale and which will be recorded in the auction minutes. Participation in the auction, whether in person, by telephone or online, implies unconditional acceptance of these terms and conditions. Items offered for sale: The information provided in the catalogue is the responsibility of the auction house and the experts assisting it, subject to any corrections announced at the time of the item’s presentation and recorded in the auction minutes. The absence of any mention in the catalogue, reports, labels or verbal announcements of any restoration, damage or incident does not in any way imply that the lot is in perfect condition or free from restoration, wear and tear, craquelure, relining or other imperfections. Re-lining, patching or backing are considered conservation measures and not defects; photographs, dimensions, weights and estimates are for guidance only. The colours of the works shown in the catalogue may differ due to the printing process. Further information may be requested from the Auction House prior to the sale. No claims will be accepted once the lot has been awarded. The Auction House is at your disposal for any enquiries and invites all interested parties to find out more about the lots. Estimates are provided by the Auction House and the Expert for guidance only and do not constitute any guarantee. They cannot be taken to imply any certainty that the item will be sold at the estimated price or even within the estimated price range. Collection of lots: No lot will be released until all sums due have been paid in full. In the event of payment by uncertified cheque, collection of the items may be deferred until the cheque has cleared. Lots must be collected on the day of the sale and the following day between 8.00 am and 9.00 am at the auction house’s store. Thereafter, lots will be held at the Hôtel Drouot storage facility (CHARGES APPLY: See the Hôtel Drouot storage fee schedule). Dispatch of lots: The dispatch of lots is a service provided by the SVV to clients; the SVV is not responsible for the transport of lots. Lots will only be dispatched at the express, written request of the successful bidder following the sale, accompanied by a letter of indemnity, and at the bidder’s expense. Export of lots: The export of lots may be subject to the obtaining of authorisations, for which the buyer is responsible. The granting, refusal or delays in obtaining authorisations shall not affect the payment deadline nor constitute grounds for cancelling the sale. Legislation applicable to cultural property: The State may exercise, in respect of any public auction of works of art or any private sale of works of art carried out under the conditions set out in Article L. 321-9 of the Commercial Code, a right of pre-emption, by virtue of which it is subrogated to the successful bidder or purchaser. The declaration, made by the administrative authority stating that it may intend to exercise its right of pre-emption, shall be submitted, at the conclusion of the sale, to the public or ministerial officer conducting the auction or to the operator authorised to organise the public auction or private sale. The administrative authority’s decision must be made within fifteen days of the public auction or of notification of the private sale. EUVRARD & FABRE cannot be held liable for the terms and conditions of the French State’s right of pre-emption. The export of certain cultural property is subject to the issue of a certificate of free circulation for cultural property. EUVRARD & FABRE and/or the seller shall under no circumstances be held liable in the event of the authorities refusing to issue such a certificate. Legislative and jurisdictional competence: In accordance with Article L 321-17 of the Commercial Code, civil liability claims arising from valuations and voluntary or judicial sales of movable property at public auction are subject to a limitation period of five years from the date of the auction or valuation. All disputes relating to these terms and conditions and to the sales shall be governed exclusively by French law and shall be subject to the jurisdiction of the competent court in Paris, regardless of the place of residence of the buyer or the seller. In order to resolve any dispute arising after the sale between the Seller and the Purchaser, EUVRARD & FABRE reserves the discretionary right to purchase the item(s) from the Purchaser and to resell them on its own behalf, including at public auction, in accordance with the conditions set out in Article L 321-5 II of the Commercial Code. In the event of any dispute with an auctioneer in connection with a voluntary sale, a complaint may be lodged with the Government Commissioner attached to the Council for the Voluntary Sale of Furniture at Public Auction, either by post (19 avenue de l’Opéra, 75001 Paris), or online (http://www.conseildesventes.fr). In accordance with the French Data Protection Act of 6 January 1978, as amended in 2004, you have the right to access and rectify any information concerning you, which you may exercise by contacting EUVRARD & FABRE. You may also, on legitimate grounds, object to the processing of your personal data.