Terms & Conditions

1. Validity and application of these General Terms and Conditions

These General Terms and Conditions of Use apply to anyone (hereinafter referred to as the ''user'') who visits or uses the ValoreSchool website, which at the time of acceptance of these General Terms and Conditions of Use is accessible at valoreschool.com (hereinafter referred to as the ''website'') and is operated by TIM VALORES, Education, d.o.o. (hereinafter referred to as the ''provider''). These terms of use apply to the website as a whole, including all its components and subpages. In addition to these Terms of Use, specific terms and conditions or contractual provisions may apply to specific parts, sub-sites, or users. These terms of use shall be binding on the user for the first and all subsequent visits to the website. By using the website, the user acknowledges that he or she accepts and agrees to all the provisions of these terms of use. In the event of any inconsistency between the provisions of these General Terms and Conditions and the contract between the provider and the user, the provisions of that contract shall apply. These terms and conditions of use may be amended or supplemented at any time without warning or notice. By using the website under the amended terms and conditions, the user confirms that he/she accepts the amendments.

2. Information about the provider

Name: TIM VALORES, izobraževanje, d.o.o Responsible person: Irena Linasi Rogač, director Address of the company headquarters: Jarška cesta 10b, 1000 Ljubljana Email Address (address for objections, comments, requests and statements): [email protected] Registration number: 6530397000 VAT ID: SI 69179565 Bank account: SI56 1010 0005 3198 190 (Banka Intesa Sanpaolo d.d.) and SI56 6000 0000 0587 406 (LON d.d., Kranj)

2.1 Legal basis

The provider handles personal data in accordance with the current Act on the Protection of Personal Data, the General Regulation GDPR and the Rules on the Protection of Personal Data, which regulate the processing of personal data, procedures and security measures, including responsibility and control in the process of their processing.

3. Use of the website (User)

The user undertakes to use the website in a lawful and customary manner, in accordance with its purpose. In doing so, he or she is obliged to refrain from any conduct that would prejudice the rights of the provider, other users, third parties, or that would cause or threaten to cause damage to the aforementioned parties. If the user uses the website in contravention of the preceding paragraph, the provider may, without prior notice, delete the user's account and/or suspend the user's access to the website. In the event of repeated infringements, the provider may permanently block the user's access to the website without prior notice.

4. Use of the website (Provider)

The provider has taken the utmost care in the preparation of the content of the website, but, due to possible changes in the information, does not guarantee that the content (opinions, advice, information, news, announcements, etc.) published on the website is accurate, complete, and correct, and shall not be liable for any damage caused to the user as a result of the content itself or as a result of reliance on the content of the website. All content on the website, in whatever form, is for informational purposes only. Nothing contained on the website may be considered an individual investment recommendation, an invitation to sign a contract, or an offer to buy or sell securities or other financial instruments. The provider expressly warns users that appropriate additional investment advice should be obtained before investing; this can also be obtained from the provider. The provider does not accept any liability for the operation or accessibility of the website and shall not be liable for any damages suffered by the user as a result of the website being unavailable, not functioning, or not functioning properly. The provider also reserves the right, if it deems it necessary, to make the website inoperable or unavailable at any time, for any reason, and for any period of time necessary, without prior notice. The provider shall not be liable for any damage to the user's hardware, software, or other equipment that may result from the use of the website. It is the user's responsibility to ensure that the equipment used to access the website is properly protected (antivirus, etc.). The registered user is obliged to take reasonable care of the security and confidentiality of the data used to log in to the website (e-mail address, password). If he/she suspects that the log-in data is being used by an unauthorised third party or that the data has been disclosed in an unauthorised manner, he/she is obliged to inform the provider immediately. The provider shall not be liable for any damage that the user may suffer as a result of the unauthorised disclosure or use of the login data. The provider shall not be liable for content published on websites outside the website that are accessible via hyperlinks on the website. Any link to a third-party website is made available by staff for transparency purposes only. The use of third party websites is at the user's own risk.

5. Protection of personal data and privacy

The provider uses appropriate technological and organizational means to protect the transmission and storage of personal data. The provider shall ensure the protection of personal data in accordance with this Policy and with the requirements for the protection of personal data laid down by the legislation of the Republic of Slovenia (the Personal Data Protection Act, Official Journal of the Republic of Slovenia No. 94/07, as amended) and the General Regulation GDPR.

a) Collection of personal data about users

The provider processes personal data on the basis of the individual's personal consent, on the basis of a concluded contract or on the basis of the law. Each website user who enters personal data on our website also gives active personal consent to the processing of personal data on the basis of a special form submitted before the enquiry/order/newsletter subscription is sent. The provider collects the following personal data about users who are natural persons when they register on the website: first name, last name, and e-mail address.

b) Data processing

The provider will use the collected data about users exclusively for the following purposes:

• keeping records of registered users of the website and enabling registered users to log in and use the website;
• contacting users personally if they wish to receive further advice and sending individual offers;
• occasional contact by phone with content related to the provider or website, of a commercial or non-commercial nature
• sending periodic emails with content related to the provider or the website, whether commercial or non-commercial;
• statistical, marketing and other analyses and research relating to users of the Portal and the Online Shop.

statistical, marketing and other analyses and research relating to users of the Portal and the Online Shop

The user consents and authorizes TIM VALORES d.o.o. to: The user agrees and consents to the use of the user's electronic mail address (e-mail) for the purpose of informing the user about the latest developments in the financial markets and the precious metals and raw materials market, and for the direct marketing of TIM VALORES d.o.o. (advertising campaigns, news about services and products, and events in which the user participates or organizes). The user also acknowledges that he/she may unsubscribe from the electronic notifications at any time by sending a return message with the word ''unsubscribe'' in the subject line of the message.

Consent to the transfer of personal data to third parties (contractual partners)

The user consents and authorizes Tim Valored d.o.o. to share the user's personal data with third parties (the Company's contractual partners) for the purpose of personally contacting and advising the user on investing in precious metals. The third parties may process the entrusted data only within the limits of the provider's authorization and in accordance with the purposes defined in the first paragraph of point 5.b.

c) Data protection and retention period

The provider shall use appropriate technological and organizational means to protect the transmission and storage of personal data. The provider shall ensure the protection of personal data in accordance with this Policy and with the requirements for the protection of personal data laid down by the legislation of the Republic of Slovenia (the Personal Data Protection Act, Official Journal of the Republic of Slovenia No. 94/07, as amended) and the General Regulation GDPR. The provider will not, under any circumstances, disclose user Data to third parties, except in the cases set out in point 6.b of the Legal Notices. The user acknowledges and agrees that the provider shall keep the user's data provided to the Provider at the time of registration for as long as the user has the status of a registered user of the Portal and for one year after the termination of this status. The email address may be stored by the provider for the purpose of sending commercial or non-commercial emails until the user declares or indicates that he/she no longer wishes to receive emails. Other data may be retained by the provider for as long as is necessary to achieve the purpose for which the data was collected, after which it must be permanently deleted or effectively anonymized so that the specific data can no longer be linked to a specific user.

d) Users' rights under the GDPR

The website user may at any time request that the provider:

• confirm whether or not data relating to him/her is being processed, and allow access to, copying or reproduction of the personal data contained in the personal data file;
• allow access to the catalogue of the personal data collection or the record of the personal data processing activities;
• provide an extract of the personal data contained in and relating to him/her in the personal data file;
• provide a list of the users to whom personal data have been disclosed, when, on what basis and for what purpose;
• provide information on the sources on which the records contained in the personal data file about him or her are based and on the method of processing;
• provide information on the purpose of the processing and the type of personal data processed and any necessary explanations in this respect;
• explain the technical or logical-technical decision-making procedures, where automated decision-making is carried out by processing the personal data of the data subject.

The website user is aware of the fact that he/she has the following rights under the applicable Personal Data Protection Act and the General Data Protection Regulation (GDPR):

• to restrict the processing of his/her personal data where one of the following applies:

• if he/she contests the accuracy of the data (the processing shall be limited for a period which allows the provider to verify the accuracy of the personal data);
• if the processing is unlawful and the user objects to the erasure of the personal data and instead requests the restriction of its use;
• when the controller no longer needs the personal data for the agreed purposes of the processing, but the user needs them for the establishment, exercise or defence of legal claims;
• in the event that the user objects to the processing until it is verified whether the legitimate grounds of the controller override the user's grounds;

• to correct the personal data in the database (the provider is obliged to correct inaccurate personal data, and the user (taking into account the purposes of the processing) has the right to complete incomplete personal data, including by submitting a supplementary declaration;
• to erase personal data - if the user no longer wishes to have personal data processed and provided that there are no legitimate grounds for further storage or processing. In this case, the user may request the erasure of the data without undue delay, where one of the following grounds applies (except for the statutory exceptions):

• the personal data are no longer necessary for the purposes for which they were collected or otherwise processed;
• the user withdraws the consent on the basis of which the processing is carried out and where there is no other legal basis for the processing;
• the user objects to the processing, provided that there are no overriding legitimate grounds for the processing, or (at any time) objects to the processing where the personal data is processed for direct marketing purposes;
• where the personal data have been unlawfully processed;
• the personal data must be erased in order to comply with a legal obligation under the law of the Republic of Slovenia;
• the personal data were collected in connection with a specific offer.

• that the user is aware of the retention period of the personal data;
• the user is aware of the right to a legal remedy - lodging a complaint;
• the right to data portability (applies only to personal data processed by automated means).

The user may exercise his/her rights under point 4. at any time (request, review, supplement, rectification or deletion of his/her personal data or termination of the processing of personal data, etc.), by e-mail to [email protected] [email protected] or in writing to TIM VALORES d.o.o, Jarška cesta 10b, 1000 Ljubljana. These rights do not relieve the user of his or her obligations under the general terms and conditions or the contract entered into with the provider.

e) Exclusion of liability

The provider shall not be liable for any damage caused to the user as a result of the user providing the provider with incorrect, incomplete or inaccurate information relating to the user. The website operator asks users who do not agree with this policy or any changes or amendments thereto to leave the website and not use it in the future.

g) Web cookies

The provider uses online cookies (hereinafter: cookies) on the website. By continuing to use the website, the user agrees to the installation of cookies on the device through which he accesses the website. Web cookies

6. Intellectual property rights

The entire content of the website, regardless of its form (text, images, films, sounds, etc.), is protected by copyright. The holder of the material copyright in the content published on the website is the provider and/or the person expressly indicated as such for each item of content. By publishing the content on the website and making the website available for use, the provider does not waive any of the material copyrights that it holds in the content of the website. No use of any content published on the website for any purpose other than the user's personal viewing is permitted without the express prior written permission of the provider. Misuse may constitute a criminal offense and result in material liability for the offender.

7. Final provisions

The invalidity of any provision of these General Terms and Conditions, whatever the reason for such invalidity, shall not invalidate these General Terms and Conditions as a whole. In such an event, the invalid provision shall be deemed unwritten, and these General Terms and Conditions shall continue in full force and effect without such a provision. The legal relations between the users and the provider shall be governed by the law of the Republic of Slovenia and the law of the European Communities. The competent court for the resolution of any disputes shall be the court of competent jurisdiction in Ljubljana. These General Terms and Conditions, the Privacy Policy, and the use of cookies are valid from January 16, 2023, until revoked or until new terms and conditions are published.