LOFT INTELLECTUAL PROPERTY POLICY

1. DEFINITION

1.1. “Copyright” refers to Copyright Act No 98 of 1978, as amended.

1.2. “Loft” refers to Loft (PTY) Ltd

1.3. “Intellectual Property (IP)” includes patents, designs, works of copyright (including software and literary works), trademarks, brands, logos, proprietary information, know-how, trade secrets, databases, goodwill and domain names.

1.4. “Trade Marks Act” refers to the Trade Marks Act NO 194 of 1993.

2. PURPOSE OF INTELLECTUAL PROPERTY

2.1. This policy sets out the Loft intellectual property rights, which includes inter alia copyrights and trademarks that are legally recognized and therefore legally protected. It further sets out Loft approach to ensuring its legal entitlements are protected and properly used as well as Loft approach to the infringement of these rights.

3. COPYRIGHT

3.1. In terms of the Copyright Act No 98 of 1978, Loft ownership, rights and title are protected. The following are examples of material that Loft copyright entitlement:

3.1.1. All presentations and slides created and used by Loft for all purposes

3.1.2. All general guidance notes, articles, reports, surveys, and guides issued, to the extent that such documents provide for copyright protection; and

3.1.3. All papers published under Loft.

4. LEGAL RIGHTS

4.1. Infringement of Loft copyright and trademarks as an egregious conduct and will be taken in a serious light.

4.2. In an event a person, natural or juristic, is uncertain about this Intellectual Property policy regarding using or referencing copyright or trademark correctly, they are requested to contact Loft Information Officer at info@loftbuilds.co.za for clarity on the permitted use.

5. ONGOING MONITORING

5.1. Loft through the Management of the organization, is continuously monitoring its intellectual property protection within the organization and in relation to the usage of the intellectual property by all the Loft stakeholders.

6. POLICY APPROVAL

6.1. The Board has approved this policy on 01 December 2022, and it will be reviewed periodically.