Terms of Service

WERIN SAS (hereinafter "WERIN" or "the Company") is a French simplified joint-stock company registered with the Montpellier Trade and Companies Register under number 990 072 811, whose registered office is located at 6B Boulevard Berthelot, Bureau 3, 34000 Montpellier (France).

WERIN publishes and operates the platform accessible via werinfinance.com and, where applicable, via a mobile application whose references will be communicated in due course.

WERIN is not a financial investment adviser (CIF) and holds no authorisation from the French Financial Markets Authority (AMF), from the Single Register of Insurance, Banking and Finance Intermediaries (ORIAS) or from the French Prudential Supervision and Resolution Authority (ACPR). WERIN provides no personalised investment advice within the meaning of MiFID II and Article L. 321-1 of the French Monetary and Financial Code.

These ToS define the conditions of use of the WERIN platform and its services. They apply without restriction or reservation to any use of the platform, whether via a web browser or, where applicable, via the mobile application.

These ToS, together with the Personal Data Protection Policy and the Cookie Policy, constitute the entire agreement between WERIN and the User. These documents are accessible and printable at any time via a permanent link in the site footer.

If any clause of these ToS is declared invalid or unenforceable by a final court decision, such invalidity will not affect the other provisions, which will remain fully in force and applicable.

For any question relating to these ToS, the User may send an email to: admin@werinfinance.com.

2.1 — Dispute resolution and mediation

In the event of a complaint, the User is invited to contact WERIN's customer service first, which will endeavour to provide a satisfactory response as soon as possible.

Failing amicable resolution within a reasonable time, the consumer User may free of charge refer the matter to the consumer mediator: MÉDIATION CONSOMMATION DÉVELOPPEMENT, accessible online at medconsodev.eu or by post at its address in Saint-Étienne.

The European online dispute resolution (ODR) platform set up by the European Commission is also accessible at: ec.europa.eu/consumers/odr.

Where a dispute is not resolved through amicable means or mediation, the competent courts will be those of the User's place of residence if the User is a consumer within the meaning of the French Consumer Code, or those of the registered office of WERIN SAS if the User is a professional. These ToS are exclusively governed by French law.

WERIN is a decision-intelligence platform. It issues no recommendation, expresses no judgement on the criteria selected by the User, and does not intervene in any way in the investment decisions, which are the User's sole responsibility.

3.1 — General risks applicable to equities

Equities are financial instruments representing a company's equity capital, whose price may fluctuate significantly, sometimes independently of the actual financial situation of the company concerned. The User is expressly warned of the following risks:

• Capital loss: investing in financial instruments carries a risk of partial or total capital loss. Market fluctuations may lead to substantial depreciation of invested capital.
• Market volatility: equity prices fluctuate continuously under the effect of endogenous and exogenous factors, which are not necessarily predictable or rational.
• Dividends: dividend payments are never guaranteed. The issuer may decide to reduce or suspend them at any time, depending on its financial situation or strategy.
• Corporate actions: mergers, acquisitions, delistings, capital increases or any other restructuring may modify shareholders' rights, sometimes to the detriment of the investment's value.
• Currency risk: where an equity is quoted in a foreign currency, the User bears an exchange-rate risk that adds to the price-variation risk of the security and may significantly affect overall performance.

3.2 — Past performance is not a reliable indicator of future performance

A rise in an equity's price, regardless of its duration, is in no way a reliable indicator of future performance. Financial markets are subject to unpredictable endogenous events (death or incapacity of an executive, internal fraud, etc.) and exogenous events (economic crises, geopolitical tensions, technological disruptions, regulatory changes, health crises, etc.) capable of abruptly reversing observed trends.

The information available on the WERIN platform is intended to inform the User in the context of their own analysis and may not be construed as a promise of performance or as a reduction of the decisional uncertainty inherent in financial markets.

WERIN is a decision-intelligence platform for equity investment, independent of any financial actor and not promoting any particular investment product.

The platform offers the design of equity portfolios based exclusively on the criteria entered by the User. WERIN's algorithm selects the securities, their quantity and their valuation in strict compliance with the parameters provided. WERIN also provides commented analytical indicators and a retrospective portfolio performance chart.

The platform also allows saving and tracking created portfolios, and may issue periodic rebalancing proposals whose trigger conditions, frequency and presentation can be configured by the User.

Financial information made available on the platform regarding listed companies, broker pricing or any other documentation, is provided for information purposes only and does not constitute a personalised recommendation within the meaning of MiFID II.

Inherent limitations of the service. The User expressly acknowledges that:

• The portfolio configurations generated result solely from the criteria they define and do not take into account the User's full personal financial situation, real risk profile or wealth objectives.
• WERIN does not hold any of the User's financial securities. The portfolio on the platform is a virtual representation of the information entered and does not constitute a securities account.
• WERIN executes no buy or sell orders on the User's behalf. All transactions are carried out directly with the broker chosen by the User, without WERIN's intervention.
• WERIN does not verify the accuracy of the information provided by the User.
• The consultation tool is a personal visualisation and tracking instrument. It does not constitute an official financial report and may not be produced as such to any administration, notary or other third party.

Before any investment decision, it is strongly recommended that the User consult a duly authorised financial adviser able to assess their personal situation as a whole.

For the purposes of these ToS, the following terms have the following meanings:

• WERIN / the Company — The company WERIN SAS, publisher and operator of the werinfinance.com platform.
• Platform — The werinfinance.com website and, where applicable, the WERIN mobile application, providing access to the proposed services.
• User / you — Any adult natural person or legal entity accessing the platform and using its services, whether acting outside or within their professional activity.
• User Account — Personal and unique account, identified by an email address, allowing the User to access the platform's functionalities.
• Subscription — One of the four commercial offers proposed by WERIN: Freemium, Starter, Étendu, Expert.
• Credits — Virtual units debited when using certain platform functionalities (portfolio design, review, consultation of featured portfolios, weighting optimization).
• Securities line — Any financial security (equity) of a distinct issuer composing an equity portfolio. For example, a portfolio composed of 233 STMicroelectronics shares, 86 FDJ shares and 17 Gaztransport shares contains three (3) securities lines.
• Extra credits — Credits used beyond the User's credit balance, after the User's express acceptance, and billed under the conditions of article 7.3.
• ToS — These Terms of Service, in their current version.

6.1 — Enforceability of the ToS

These ToS are accepted by the User upon account creation and upon the first use of each service. Any update to the ToS is notified to Users by email and published on the platform with thirty (30) days' notice before entry into force, in accordance with Article 11.

Any breach of these ToS may lead to suspension or termination of the User Account and refusal of access to the services, without prejudice to any civil or criminal action that WERIN reserves the right to take.

6.2 — Exclusion of warranties

Platform availability. WERIN uses all reasonable means to ensure the availability and continuity of the platform. However, WERIN does not guarantee any availability rate. Interruptions may occur, in particular during scheduled or unscheduled maintenance, technical incidents or infrastructure failures, without WERIN being held liable.

Data accuracy. Financial, extra-financial and fundamental data on listed companies (security prices, financial statements, ESG ratings, analyst recommendations and forecasts, etc.) come from leading third-party data providers or from public sources. Although WERIN ensures their reliability, it cannot guarantee their full accuracy, completeness or real-time update. WERIN disclaims all liability in case of errors, delays or interruptions attributable to such providers.

Platform outputs. All information provided by the platform (charts, analytical indicators, comments and any other data) is for information purposes only. These elements may contain inaccuracies and are left to the User's discretion. They constitute neither a normative assessment nor an inducement to invest.

6.3 — Limitation of liability

WERIN may not be held liable for financial losses, loss of earnings or any other prejudice resulting from decisions made by the User on the basis of information provided by the platform, regardless of the nature or origin of any errors (e.g. an incorrectly displayed price, outdated pricing information, etc.).

WERIN's liability is limited in accordance with applicable French law. Any dispute falling within the jurisdiction of French courts is heard by the competent courts according to the jurisdiction rules set out in Article 2.

If the User's breach of these ToS causes prejudice to WERIN (unauthorised commercial use, unauthorised data collection or resale, identity theft, etc.), the User undertakes to indemnify WERIN for all damages, costs and losses incurred, including legal fees and expenses.

7.1 — Access conditions

WERIN is accessible to any adult natural person aged eighteen (18) or over, residing in France or another EU member state. Access is also open to legal entities.

As WERIN is a decision-intelligence platform that does not collect funds and provides no investment advice, no specific authorisation is required from the User to access it. Nevertheless, as investing in financial instruments requires full legal capacity, access is strictly reserved to adults.

Access to the platform from a country outside the European Union is permitted under the sole responsibility of the User, who must verify in advance that such access is lawful under the applicable regulations in their country of residence.

7.2 — Creation and management of the User Account

Opening a User Account is conditional on the User's main residence and, for natural persons, nationality being in an EU member state or in a state not subject to international sanctions.

Registration is carried out using an email address and a password. Only one account is allowed per User. The creation of multiple accounts is expressly prohibited and will result in deletion of the surplus accounts without notice.

The User undertakes to:

• Provide accurate, complete and up-to-date information upon registration and update it in the event of any change;
• Maintain the confidentiality of their login credentials. WERIN cannot be held liable for any unauthorised access resulting from the User's negligence in protecting their credentials;
• Report without delay any suspicious login or unauthorised access to their account to admin@werinfinance.com.

7.3 — Services offered and credit system

WERIN offers four (4) subscription plans, distinguished by the volume of allocated credits and the accessible functionalities in terms of the number of securities lines per portfolio and the number of portfolios that can be saved:

WERIN® is a trademark registered with the French National Institute of Industrial Property (INPI).

All systems, software, databases, algorithms, source code, editorial content, graphics and any other elements constituting or integrating the WERIN platform are protected by intellectual property rights applicable under French and European law. These elements are the exclusive property of WERIN SAS.

These ToS grant the User no property rights over the services or elements of the platform. The User benefits only from a personal, non-exclusive and non-transferable right of use, limited to private use of the platform under the conditions defined herein.

Without prior written authorisation from WERIN, the User is expressly prohibited from:

• Copying, duplicating, downloading or reproducing all or part of the platform's content;
• Redistributing or republishing articles written by WERIN's editorial team, which are protected by copyright;
• Redistributing or publishing the analyses or portfolio configurations generated by the platform;
• Modifying, adapting or creating derivative works from WERIN's content;
• Using WERIN's corporate name, logo or any trademark in any form whatsoever;
• Commercially exploiting any element of the platform.

Any unauthorised use may constitute an infringement of WERIN's intellectual property rights and expose the perpetrator to civil and criminal sanctions in accordance with the provisions of the French Intellectual Property Code.

The User retains ownership of the content they publish on the platform (comments, reviews on securities or articles, etc.). By publishing such content, the User expressly authorises WERIN to use their profile image and their testimonials published on the platform for promotional purposes, free of charge, during the period of their registration and for a period of three (3) years from the end of services.

WERIN applies a rigorous personal data protection policy and a cookie policy, detailed in separate documents accessible on the platform:

• Personal Data Protection Policy;
• Cookie Policy.

These documents describe, in accordance with Regulation (EU) 2016/679 of 27 April 2016 (GDPR) and French Law No. 78-17 of 6 January 1978 as amended, the categories of data collected, the purposes and legal bases of processing, retention periods, as well as the User's rights and the means of exercising them.

WERIN's customer service can be reached by email at: admin@werinfinance.com.

It is available Monday to Friday, excluding public holidays, from 8:00 a.m. to 5:00 p.m. (Paris time). WERIN undertakes to handle requests as soon as possible and to provide an effective and substantive response to each enquiry.

11.1 — Force majeure

No party may be held liable in the event of force majeure, within the meaning of Article 1218 of the French Civil Code, understood as any unforeseeable, irresistible event beyond the control of the party invoking it, including in particular: strike, terrorist act, armed conflict, epidemic, pandemic, natural disaster, cyberattack, widespread failure of communication networks, health crisis, sudden decision of a regulatory authority or any other event beyond the reasonable control of the parties.

If a force majeure event lasts more than three (3) months, either party may terminate the contract without notice or compensation.

11.2 — Term and renewal

The Freemium plan is taken out for an indefinite period and may be terminated by the User at any time, free of charge; extra credits already used remain payable.

Paid subscriptions (Starter, Étendu, Expert) are taken out for an initial period of one (1) month or one (1) year depending on the option chosen, and are tacitly renewed at the end of each period, unless terminated by notice to WERIN:

• At least seven (7) calendar days before expiry, for a monthly subscription;
• At least thirty (30) calendar days before expiry, for an annual subscription.

11.3 — Modification of the ToS

WERIN reserves the right to modify these ToS at any time. Any material change is notified to the User by email at least thirty (30) days before its entry into force.

Absent objection by the User before that date, the new ToS are deemed accepted. In the event of express refusal of the new ToS, the account will be closed and the data deleted in accordance with the Personal Data Protection Policy. If the User holds a paid subscription, they will be refunded pro rata for the unused portion of the period.

11.4 — Termination and data deletion

In the event of account termination, for any reason whatsoever, WERIN will delete the User's personal data under the conditions and within the time periods set out in the Personal Data Protection Policy.

These provisions supplement the foregoing and are inseparable from them.

• Non-waiver: WERIN's failure to invoke a provision of these ToS may not be construed as a definitive waiver of its right to invoke it later.
• Non-assignability: the User may not assign all or part of the rights and obligations arising from these ToS without WERIN's prior written consent, on pain of immediate termination.
• Severability: if any clause of these ToS is declared null or unenforceable by a final court decision, the other provisions will remain fully in force and applicable.
• Contractual language: these ToS are drafted in French, which prevails in the event of any discrepancy with any foreign-language translation.
• Governing law: these ToS are exclusively governed by French law.

© 2026 WERIN SAS — Terms of Service — Version of 14 October 2026