Terms of Use

TERMS OF USE

Website: Mad Middleman URL: https://madmiddleman.com/ Last Updated: December 17, 2025

PREAMBLE

These Terms of Use (the "Terms") govern access to and use of the website operated at the URL https://madmiddleman.com/ (the "Site"), which presents the advisory services offered by Mad Middleman (the "Operator" or "Mad Middleman").

The Site is an informational platform describing transaction advisory, economic intelligence, government relations, real estate advisory, and confidential mandate services for principals, corporations, sovereign entities, and institutional leadership operating in complex cross-border environments.

By accessing or using the Site, or by submitting any Consultation Request via the Site's contact forms, you expressly acknowledge that you have read, understood, and agree to be bound by these Terms in their entirety, without reservation. If you do not agree with any provision of these Terms, you must immediately cease all use of the Site.

The Operator reserves the right to modify these Terms at any time, as further described in Article 18. Your continued use of the Site following any modification constitutes acceptance of the modified Terms.

These Terms establish that the Operator undertakes solely a Best Efforts Obligation (obligation de moyens) and not an Obligation of Result (obligation de résultat), as further detailed in Article 4.

ARTICLE 1: DEFINITIONS

For purposes of these Terms, the following capitalized terms shall have the meanings set forth below. These definitions are exhaustive and binding for interpretation of these Terms.

1.1 "Advisory Services" or "Services"

Means, collectively and without limitation, the five service categories described on the Site: (i) Transaction Advisory and Intermediation; (ii) Economic Intelligence and Strategic Planning; (iii) Government Relations and Lobbying; (iv) Real Estate and Architectural Advisory; and (v) Confidential Mandates. This term includes but is not limited to all subcategories, methodologies, frameworks, and operational approaches described under each service category on the Site. The mere description of Services on the Site does not constitute an offer to contract or create any contractual relationship absent execution of a separate written Service Agreement.

1.2 "Best Efforts Obligation" (Obligation de Moyens)

Means the legal standard of performance whereby the Operator commits to deploying reasonable professional diligence, care, expertise, and resources in furtherance of stated objectives, without guaranteeing any specific outcome or result. This standard, governed by Articles 1137, 1147, and 1231-1 of the French Civil Code and applicable French case law (notably Cour de cassation, Chambre commerciale decisions on advisory services), recognizes that outcomes depend on numerous external factors beyond the Operator's control, including but not limited to: market volatility, geopolitical developments, regulatory changes, counterparty actions, sovereign decisions, economic cycles, technological disruptions, force majeure events, and third-party conduct. The Operator expressly disclaims any Obligation of Result under these Terms.

1.3 "Client"

Means any Principal who has executed a separate written Service Agreement and Non-Disclosure Agreement with the Operator for provision of Services following completion of Due Diligence and, where applicable, In-Person Meeting. The term Client does not include Visitors or Users who have merely accessed the Site or submitted a Consultation Request without proceeding to contractualization.

1.4 "Confidential Information"

Means, without limitation: (i) any information submitted by Users via Form Submissions, including identity, contact details, organizational affiliation, stated intent, nature of inquiry, and any other Personal Data or business information disclosed; (ii) the existence, fact, content, and subject matter of any Consultation Request; (iii) the identity of Users who access the Confidential Services pages; (iv) any information exchanged during Due Diligence, Security Clearance, or preliminary discussions; (v) the existence and nature of any Service Agreement or Mandate; (vi) any information designated as confidential under a Non-Disclosure Agreement; and (vii) any proprietary methodologies, frameworks, intelligence architecture, network contacts, counterparty relationships, or operational protocols of the Operator. Confidential Information excludes information that: (a) is publicly available through no breach of these Terms; (b) was rightfully known to the receiving party prior to disclosure; or (c) must be disclosed pursuant to applicable law or judicial order, provided notice is given where legally permissible.

1.5 "Confidential Mandates" or "Confidential Services"

Means the specialized, invitation-only advisory capabilities reserved for Principals requiring operational confidentiality and execution outside standard advisory channels, as described on the dedicated "Confidential Services" page of the Site. Access to Confidential Mandates requires completion of Due Diligence, Security Clearance Verification, demonstration of business requirements not served by standard advisory channels, execution of a Non-Disclosure Agreement, In-Person Meeting, and, typically, a financial commitment to secure initial meeting arrangements. Confidential Mandates are never documented publicly or accessible through digital channels and operate under Enhanced Security Protocols.

1.6 "Consultation Request" or "Request"

Means the act of submitting a contact form or consultation inquiry form available on the Site, whereby a User provides Personal Data and information regarding their inquiry, needs, or interest in the Services. Submission of a Consultation Request: (i) constitutes acceptance of these Terms; (ii) authorizes the Operator to process the submitted Personal Data in accordance with Article 11; and (iii) does not create any contractual obligation on the part of the Operator to provide Services, accept a Mandate, or enter into any Service Agreement.

1.7 "Content"

Means all information, text, graphics, images, logos, trademarks, service marks, designs, photographs, videos, audio content, software code, data compilations, methodologies, frameworks, processes, and other materials displayed on, accessible through, or constituting the Site, including without limitation all descriptions of Services, operational methodologies, client profiles, geographic scope, network architecture, principles, and "About" information. All Content is protected by Intellectual Property Rights as defined herein.

1.8 "Counterparty"

Means any third-party entity, organization, individual, government authority, financial institution, or other actor identified, introduced, or engaged by the Operator in connection with provision of Services, including but not limited to: transaction counterparties in Intermediation; intelligence sources; regulatory authorities and ministerial contacts in Government Relations; co-investors or partners in Real Estate Advisory; or any entity within the Operator's Network relevant to execution of a Mandate.

1.9 "Due Diligence"

Means the comprehensive verification process conducted by the Operator prior to accepting any Mandate or granting access to Confidential Services, including but not limited to: verification of identity and legitimacy of the Principal; assessment of financial capacity and solvency; review of business requirements and objectives; evaluation of reputational risk; conflict of interest analysis; anti-money laundering (AML) and counter-terrorist financing (CTF) checks; sanctions screening; ultimate beneficial ownership (UBO) verification; and any other investigative measures deemed necessary by the Operator to ensure compliance with applicable laws and Operational Security requirements. The Operator reserves absolute discretion to decline any Mandate following Due Diligence without obligation to justify its decision.

1.10 "Economic Intelligence"

Means the specialized advisory service described on the Site encompassing systematic methods for collection, analysis, protection, and utilization of strategic information regarding a Principal's operational environment, including but not limited to: competitor monitoring; regulatory evolution tracking; technological advancement identification; geopolitical and socio-economic risk assessment; market opportunity detection; and organizational health analysis. Economic Intelligence Services operate under a Best Efforts Obligation.

1.11 "Encrypted Communications"

Means secure communication channels utilizing end-to-end encryption (E2E) technologies, including but not limited to: encrypted email services (e.g., ProtonMail), encrypted messaging platforms (e.g., Signal), secure file transfer protocols, virtual private networks (VPNs), and other cryptographic methods employed by the Operator to protect Confidential Information during transmission between the Operator, Clients, and Counterparties.

1.12 "Enhanced Security Protocols"

Means the heightened confidentiality, operational security, and risk mitigation measures applied by the Operator for Confidential Mandates, including but not limited to: mandatory use of Encrypted Communications; physical meetings in secure venues; identity verification procedures; compartmentalization of information; limited documentation; secure document destruction; background checks on personnel; and other measures calibrated to the specific risk profile of each engagement.

1.13 "Family Office"

Means a private wealth management advisory firm or structure that serves Ultra High Net Worth Individuals (UHNWIs) and their families, typically managing substantial assets (generally exceeding USD $100 million) and providing integrated services including investment management, tax planning, estate planning, philanthropic advisory, and concierge services. Family Offices constitute a primary client category for the Services described on the Site.

1.14 "Force Majeure"

Means any event or circumstance beyond the reasonable control of the Operator that prevents, hinders, or delays performance of obligations under these Terms or any Service Agreement, including but not limited to: acts of God; natural disasters (earthquakes, floods, hurricanes, pandemics, epidemics); war, armed conflict, terrorism, insurrection, or civil unrest; government actions, legislation, or regulatory changes; strikes, labor disputes, or workforce unavailability; cyberattacks, hacking, or network failures; interruption of Internet or telecommunications infrastructure; energy shortages or utility failures; supplier or subcontractor failures; sanctions regimes or trade embargoes; sovereign decisions affecting Mandate execution; market crashes or systemic financial crises; and any other unforeseeable, irresistible, and external event as defined under French law (Articles 1218 and 1231-1 of the French Civil Code). Upon occurrence of a Force Majeure event, the Operator's obligations shall be suspended for the duration of such event without liability.

1.15 "Form Submission"

Means the technical act of a User completing and transmitting to the Operator any electronic form available on the Site, including but not limited to contact forms, consultation request forms, or access request forms. Form Submission constitutes: (i) express acceptance of these Terms; (ii) consent to processing of Personal Data submitted; and (iii) acknowledgment that submission does not create any contractual obligation on the Operator's part.

1.16 "Fortune 500 Corporation"

Means a corporation ranked among the 500 largest United States corporations by total revenue as published by Fortune magazine, or any corporation of comparable scale, operational complexity, and international reach operating outside the United States. Fortune 500 Corporations constitute a primary client category for the Services described on the Site.

1.17 "Government Relations" or "Lobbying"

Means the specialized advisory service described on the Site encompassing multi-jurisdictional advocacy, institutional relationship management, regulatory navigation, and direct engagement with regulatory authorities, policy decision-makers, ministerial counterparts, legislators, and supra-national institutions to influence public decisions, anticipate regulatory evolution, and create position advantage for Principals. Government Relations Services operate under a Best Efforts Obligation and are subject to applicable transparency requirements (including, where applicable, registration with lobbying registries such as the French Haute Autorité pour la Transparence de la Vie Publique [HATVP] or equivalent bodies in other jurisdictions).

1.18 "In-Person Meeting"

Means a physical, face-to-face meeting between representatives of the Operator and a Principal or prospective Client, typically required for access to Confidential Mandates and certain high-value or high-sensitivity Services. In-Person Meetings are conducted at client-selected venues or secure locations under Enhanced Security Protocols, following completion of Due Diligence and execution of a Non-Disclosure Agreement. The Operator may require a financial commitment from the Principal to secure and organize the In-Person Meeting.

1.19 "Intellectual Property Rights" or "IP Rights"

Means all intellectual property rights of any kind, registered or unregistered, throughout the world, including but not limited to: copyrights, neighboring rights, and database rights; trademarks, service marks, trade names, logos, and trade dress; patents and utility models; industrial designs; know-how, trade secrets, and confidential information; proprietary methodologies, frameworks, processes, and systems; domain names; and any other intellectual or industrial property rights recognized under French law (Code de la propriété intellectuelle), European Union law, or the laws of any other jurisdiction.

1.20 "Intermediation"

Means the specialized advisory service described on the Site encompassing principal-to-principal facilitation of complex over-the-counter (OTC) transactions, strategic acquisitions, capital deployment, and non-public deal flow, whereby the Operator identifies suitable Counterparties through Network deployment, aligns expectations with financial capacity, coordinates verifications, and secures transaction completion according to established procedures. Intermediation Services operate under a Best Efforts Obligation.

1.21 "Mandate"

Means a specific engagement or mission formally entrusted to the Operator by a Client pursuant to a separate written Service Agreement, following completion of Due Diligence, execution of a Non-Disclosure Agreement and, where applicable, an In-Person Meeting. Each Mandate defines the scope, objectives, deliverables, fees, duration, and specific terms governing provision of Services for that particular engagement. Mandates are individually structured and not standardized.

1.22 "Network"

Means the Operator's operational network of relationships, contacts, counterparties, and institutional access points developed over years of professional experience, including but not limited to: ministerial counterparts and government officials; regulatory authorities and central bank officials; sovereign wealth fund executives; multilateral institution representatives; legal practitioners and counsels; financial intermediaries and investment banks; intelligence sources and analysts; real estate developers and architects; industry experts and consultants; and other strategic actors across the 80+ countries and 45+ locations where the Operator maintains strong presence. The Network constitutes a core operational asset and proprietary Confidential Information of the Operator protected by these Terms.

1.23 "Non-Disclosure Agreement" or "NDA"

Means a separate bilateral confidentiality agreement executed between the Operator and a Principal prior to any substantive exchange of information, disclosure of Confidential Information, or provision of Services. NDAs establish contractual confidentiality obligations, define permitted uses of information, specify non-disclosure duties, set forth consequences of breach, and may include non-circumvention and non-solicitation clauses. Execution of an NDA is mandatory for access to Confidential Services and typically required prior to any In-Person Meeting or detailed discussion of a potential Mandate.

1.24 "Obligation of Result" (Obligation de Résultat)

Means a legal standard of performance whereby a party guarantees achievement of a specified result or outcome, such that failure to achieve the result constitutes breach of contract regardless of the efforts deployed. The Operator expressly disclaims any Obligation of Result under these Terms or in connection with any Services. The Operator undertakes solely a Best Efforts Obligation as defined herein.

1.25 "Operational Security"

Means the comprehensive set of confidentiality, information protection, risk management, and security measures implemented by the Operator to safeguard Confidential Information, protect Client identity and Mandate details, prevent unauthorized access or disclosure, ensure integrity of communications, and mitigate operational risks throughout engagement lifecycle. Operational Security includes but is not limited to: use of Encrypted Communications; physical security measures for In-Person Meetings; compartmentalization of information on a need-to-know basis; secure data storage and destruction protocols; background checks on personnel; cybersecurity measures; and Enhanced Security Protocols for Confidential Mandates.

1.26 "Operator"

Means Mad Middleman and its team operating the Site under the commercial name "Mad Middleman."

1.27 "Personal Data"

Means any information relating to an identified or identifiable natural person (data subject) within the meaning of Article 4(1) of the General Data Protection Regulation (EU) 2016/679 ("GDPR") and the French Data Protection Act (Loi n° 78-17 of January 6, 1978, as amended), including but not limited to: name, surname, title, email address, telephone number, IP address, organizational affiliation, professional role, geographic location, and any other information submitted via Form Submissions or otherwise collected through use of the Site. Processing of Personal Data is governed by Article 11 of these Terms.

1.28 "Principal"

Means any individual or entity belonging to one or more of the following categories: (i) Ultra High Net Worth Individuals (UHNWIs); (ii) family offices managing substantial assets; (iii) Fortune 500 Corporations or enterprises of comparable scale; (iv) Sovereign Entities; (v) institutional leadership of major organizations; or (vi) other qualified parties requiring the specialized advisory services described on the Site for cross-border transactions, strategic intelligence, government relations, real estate execution, or confidential mandates where conventional advisory structures prove insufficient.

1.29 "Public Affairs"

Means the broader category of relations that private entities maintain with public authorities, encompassing activities, processes, and questions concerning public interests and shared governance between public and private sectors, including but not limited to: regulatory surveillance, institutional communication, alliance building, international relations, awareness campaigns, and Lobbying. Public Affairs services are described on the Site and constitute one component of the Operator's Government Relations offering.

1.30 "Real Estate Advisory"

Means the specialized advisory service described on the Site encompassing large-scale real estate structuring, architectural integration, development orchestration, and project execution for high-value properties, from site acquisition through technical design to final delivery, including but not limited to: project creation and feasibility analysis; land and property valorization; co-investment in developments; permit obtainment; construction management; and coordination with partner architecture offices. Real Estate Advisory Services operate under a Best Efforts Obligation.

1.31 "Security Clearance Verification"

Means the process of verifying that a Principal seeking access to Confidential Services possesses the appropriate security credentials, clearances, or qualifications (where applicable), does not present unacceptable operational security risks, and can demonstrate legitimate business requirements for accessing capabilities beyond standard advisory channels. Security Clearance Verification is conducted at the Operator's sole discretion as part of Due Diligence.

1.32 "Service Agreement"

Means a separate written contract executed between the Operator and a Client specifying the terms and conditions governing provision of Services for a particular Mandate, including but not limited to: scope of work; deliverables; fees and payment terms; duration; confidentiality obligations; limitations of liability; indemnification; dispute resolution; and governing law. Execution of a Service Agreement is required for provision of Services and does not occur automatically through use of the Site or submission of a Consultation Request.

1.33 "Site"

Means the website operated by the Operator at the URL https://madmiddleman.com/, including all pages, subpages, Content, functionality, forms, and associated domain names or subdomains. The term "Site" encompasses the homepage and all service-specific pages including but not limited to: Transaction Advisory and Intermediation; Economic Intelligence and Strategic Planning; Government Relations and Lobbying; Real Estate and Architectural Advisory; Confidential Services; About; and Contact.

1.34 "Sovereign Entity"

Means any government, state, sovereign nation, national or regional government agency, ministry, department, public institution, para-public organization, sovereign wealth fund, state-owned enterprise, central bank, multilateral institution, or other entity exercising sovereign powers or managing public assets. Sovereign Entities constitute a primary client category for the Services described on the Site and may require specialized approaches to Due Diligence, Operational Security, and contractual structures.

1.35 "Strategic Planning"

Means the advisory process whereby the Operator assists Clients in defining strategic direction, aligning internal resources with external opportunities and threats, establishing measurable objectives, allocating resources, and translating strategy into executable tactics, as described under the Economic Intelligence service offering on the Site. Strategic Planning Services operate under a Best Efforts Obligation.

1.36 "Terms"

Means these Terms of Use in their entirety, including the Preamble, all numbered Articles, and any Annexes, as may be modified from time to time in accordance with Article 18.

1.37 "Transaction Advisory"

Means the specialized advisory service described on the Site encompassing cross-industry support for preparing, negotiating, and optimizing commercial or financial agreements, including risk assessment, scenario modeling, alignment of counterparties on terms, and recommendations regarding pricing structures, delivery timelines, quality specifications, sourcing methodologies, and logistics arrangements, particularly (but not exclusively) for commodities transactions, OTC asset acquisitions, and complex cross-border deals. Transaction Advisory Services operate under a Best Efforts Obligation.

1.38 "Ultra High Net Worth Individual" or "UHNWI"

Means a natural person possessing net assets (excluding primary residence) exceeding USD $30 million, or any individual of comparable financial capacity, investment sophistication, and access to specialized wealth management structures. UHNWIs constitute a primary client category for the Services described on the Site and typically engage the Operator through Family Offices or directly for private transactions, strategic intelligence, or asset diversification.

1.39 "User"

Means any person, whether an individual or representative of an entity, who accesses, browses, or uses the Site in any manner, including Visitors who merely consult Content and individuals who submit Consultation Requests. The term "User" encompasses all persons interacting with the Site regardless of whether they subsequently become Clients.

1.40 "Visitor"

Means a User who accesses and browses the Site to view Content without submitting any Form Submission or Consultation Request. Visitors are subject to these Terms by virtue of accessing the Site.

ARTICLE 2: SCOPE AND ACCEPTANCE OF TERMS

2.1 "Applicability"

These Terms govern all access to and use of the Site by any User, regardless of geographic location, access method, or device used. These Terms apply in addition to, and not in substitution for, any separate agreements that may be executed between the Operator and Clients, including but not limited to Service Agreements and Non-Disclosure Agreements.

2.2 "Acceptance by Access"

By accessing any page of the Site, browsing Content, or using any functionality of the Site, you expressly agree to be bound by these Terms. If you do not agree with these Terms in their entirety, you must immediately cease all use of the Site.

2.3 "Acceptance by Form Submission"

Submission of any Consultation Request or other Form Submission constitutes express, affirmative acceptance of these Terms and authorizes the Operator to process the submitted Personal Data and information in accordance with Article 11.

2.4 "Capacity and Authority"

By using the Site or submitting a Consultation Request, you represent and warrant that:

You have reached the age of majority in your jurisdiction of residence (minimum 18 years);

If acting on behalf of an entity, you possess the necessary authority to bind such entity to these Terms;

You are not prohibited by applicable law from accessing the Site or engaging the Services;

You are not subject to sanctions regimes or restrictions that would preclude engagement with the Operator.

2.5 "Professional and Informed Users"

The Site and Services are designed exclusively for sophisticated, professional Users, including Principals, corporate executives, institutional leadership, investment professionals, legal and financial advisors, and other qualified parties familiar with complex cross-border transactions, strategic advisory engagements, government relations, and confidential mandates. The Operator assumes Users possess appropriate expertise to evaluate information presented and assess suitability of Services for their needs.

2.6 "Modification of Terms"

The Operator reserves the right to modify these Terms at any time, at its sole discretion, as further detailed in Article 18. Continued use of the Site following any modification constitutes acceptance of the modified Terms.

ARTICLE 3: NATURE OF THE SITE AND INFORMATIONAL PURPOSE

3.1 "Purely Informational Site"

The Site is purely informational and presentational in nature. Its sole purpose is to describe the Services offered by the Operator, present the Operator's expertise and operational methodology, and provide a means for qualified Principals to initiate preliminary contact via Consultation Requests.

3.2 "No Offer to Contract"

Nothing on the Site constitutes an offer to enter into a contract, a solicitation to contract, or an invitation to treat. The descriptions of Services, methodologies, capabilities, geographic scope, and operational principles constitute general information only and do not create any contractual obligation on the part of the Operator to provide Services, accept any Mandate, or engage with any User or prospective Client.

3.3 "No Advisory Relationship Created by Site Use"

Mere consultation of the Site, browsing of Content, or submission of a Consultation Request does not create any advisory relationship, fiduciary duty, contractual relationship, or professional services engagement between the User and the Operator. Provision of Services requires execution of a separate written Service Agreement following completion of Due Diligence, execution of a Non-Disclosure Agreement, and, where applicable, an In-Person Meeting.

3.4 "No Reliance on Site Content for Decisions"

Users acknowledge and agree that:

Content on the Site is general in nature and not tailored to any specific User's circumstances, needs, or objectives;

Users must not rely upon Content on the Site as a basis for any business, investment, legal, financial, or strategic decision;

Users must conduct their own independent due diligence, seek appropriate professional advice, and make their own assessments before taking any action based on information viewed on the Site;

The Operator assumes no responsibility for any action taken or not taken by a User based on Content viewed on the Site.

3.5 "Preliminary Screening Function"

Consultation Requests serve solely as a preliminary screening and initial contact mechanism. Submission of a Consultation Request:

Does not obligate the Operator to respond, engage in discussions, provide advice, or accept any Mandate;

Does not guarantee access to Services or Confidential Mandates;

Permits the Operator to conduct preliminary Due Diligence and assess whether further engagement is appropriate;

May result in the Operator declining to proceed without obligation to provide justification.

ARTICLE 4: BEST EFFORTS OBLIGATION – NO OBLIGATION OF RESULT

4.1 "Exclusive Best Efforts Standard"

The Operator undertakes solely and exclusively a Best Efforts Obligation (obligation de moyens) in connection with all aspects of the Site, including without limitation:

Accuracy, completeness, and currency of Content displayed on the Site;

Functionality, availability, and security of the Site;

Processing and response to Consultation Requests;

Conduct of Due Diligence and preliminary assessments;

Any advisory, informational, or preliminary services provided prior to execution of a Service Agreement.

The Operator does not undertake, and expressly disclaims, any Obligation of Result (obligation de résultat) under these Terms.

4.2 "No Guarantee of Outcomes"

The Operator does not guarantee, warrant, or represent:

That any Mandate, if accepted, will achieve any specific outcome, result, transaction closure, counterparty identification, regulatory approval, intelligence finding, strategic objective, or other goal;

That Services, if provided pursuant to a Service Agreement, will result in successful transaction completion, acquisition of assets, approval of permits, legislative or regulatory changes, real estate project completion, or any other specified result;

That Counterparties identified will enter into transactions or agreements;

That government authorities or regulatory bodies will adopt favorable positions, grant approvals, or modify regulations;

That intelligence gathered will be complete, accurate, or sufficient for any particular purpose;

That market conditions, geopolitical circumstances, or economic environments will remain favorable;

That third parties will perform their obligations or act in any particular manner;

That any timeline, budget, or other constraint will be met;

Any other specific result, outcome, or achievement.

4.3 "Legal Basis: French Law"

This Best Efforts Obligation is governed by Articles 1137, 1147, and 1231-1 of the French Civil Code (Code civil) and French case law, which recognize that professional advisory services operate under a Best Efforts Obligation (obligation de moyens) whereby the service provider commits to deploying reasonable professional diligence without guaranteeing results, particularly where outcomes depend on external factors beyond the service provider's control.

The French Cour de cassation has consistently held that advisory, consulting, and intermediation services (including transaction advisory, strategic consulting, and government relations) constitute obligations de moyens, not obligations de résultat, given the inherent uncertainties and external dependencies involved. See, e.g., Cass. com., decisions recognizing a Best Efforts Obligation (obligation de moyens) for advisory services.

4.4 "Factors Beyond Operator" s Control

Outcomes of any advisory engagement, transaction, strategic initiative, lobbying effort, or real estate project depend upon numerous factors wholly or partially beyond the Operator's control, including but not limited to:

Market and Economic Factors:

Commodity price volatility and market fluctuations

Financial market conditions and liquidity

Currency exchange rate movements

Economic cycles, recessions, or growth periods

Inflation, deflation, or stagflation

Interest rate changes

Credit availability and banking conditions

Supply chain disruptions

Industry-specific dynamics

Geopolitical and Sovereign Factors:

Political instability, regime changes, or elections

International relations and diplomatic developments

Armed conflicts, wars, or civil unrest

Sanctions regimes, trade embargoes, or export controls

Sovereign decisions affecting foreign investment

Nationalization or expropriation risks

Border closures or movement restrictions

Regulatory and Legal Factors:

Changes in legislation, regulations, or administrative rules

Regulatory interpretations or enforcement priorities

Licensing, permitting, or approval processes

Anti-corruption, anti-money laundering, or compliance requirements

Tax law changes or treaty modifications

Judicial decisions or precedent changes

Legislative calendars and political priorities

Counterparty and Third-Party Factors:

Counterparty willingness to transact or negotiate

Third-party creditworthiness, solvency, or financial capacity

Counterparty decision-making processes and timelines

Actions or inactions of competing intermediaries or advisors

Behaviors of suppliers, customers, or partners

Integrity and reliability of intelligence sources

Cooperation or obstruction by government officials

Technological and Operational Factors:

Technological disruptions or innovations

Cybersecurity incidents affecting parties

Infrastructure failures or logistical constraints

Environmental events or natural disasters

Health crises, pandemics, or epidemics

Client-Specific Factors:

Client decisions, instructions, or changes of strategy

Client responsiveness and timeliness

Accuracy and completeness of information provided by Client

Client internal approvals or governance processes

Client financial capacity to complete transactions

4.5 "Professional Diligence Standard"

Under the Best Efforts Obligation, the Operator commits to:

Deploy expertise, experience, and professional judgment consistent with industry standards;

Utilize the Network and resources available to the Operator;

Apply methodologies and frameworks appropriate to the Mandate;

Maintain confidentiality and Operational Security;

Communicate material developments to Clients in a timely manner;

Conduct Due Diligence and verifications reasonably required;

Exercise reasonable care in selection and engagement of Counterparties;

Comply with applicable laws and regulations;

Act in good faith and with professional integrity.

However, deployment of such diligence does not guarantee achievement of any result, and absence of a desired result does not, in itself, constitute breach of the Operator's obligations.

4.6 "Application Throughout Site and Services"

This Best Efforts standard applies throughout:

All Content on the Site (no warranty of accuracy, completeness, or currency);

Processing of Consultation Requests (no guarantee of response or acceptance);

Preliminary discussions and Due Diligence (no guarantee of proceeding to Service Agreement);

Provision of Services under any Service Agreement executed (no guarantee of achieving Mandate objectives).

Users and Clients acknowledge and accept the inherent uncertainties and limitations associated with complex cross-border advisory services in volatile, regulated, and geopolitically sensitive environments.

ARTICLE 5: ACCESS TO THE SITE

5.1 "Free Access"

Access to the Site is provided free of charge to any User with an Internet connection. All costs associated with accessing the Site, including computer hardware, software, Internet service provider fees, telecommunications charges, and any other expenses, are borne exclusively by the User.

5.2 "Technical Requirements"

Users are solely responsible for ensuring their equipment, software, Internet connection, and technical environment are compatible with access to and use of the Site. The Operator makes no representation regarding compatibility and provides no technical support for User equipment.

5.3 "Best Efforts Availability"

The Operator undertakes reasonable efforts to ensure the Site is accessible 24 hours per day, 7 days per week, subject to Article 5.4. However, the Operator does not guarantee uninterrupted or error-free access and undertakes solely a Best Efforts Obligation regarding Site availability.

5.4 "Maintenance and Interruptions"

The Operator reserves the right, at its sole discretion and without prior notice or liability, to:

Temporarily or permanently suspend, interrupt, or restrict access to all or part of the Site;

Modify, update, or remove Content or functionality;

Conduct maintenance, upgrades, or technical improvements;

Discontinue operation of the Site entirely.

Such actions may be taken for any reason, including but not limited to: scheduled or emergency maintenance; security threats or incidents; technical failures or infrastructure issues; legal, regulatory, or compliance requirements; strategic or operational decisions.

5.5 "No Liability for Unavailability"

The Operator shall not be liable for any consequences arising from unavailability, interruption, suspension, or discontinuation of the Site, including but not limited to: inability to submit Consultation Requests; loss of business opportunities; delays in communications; or any direct, indirect, incidental, or consequential damages.

5.6 "Geographic Access"

The Site is accessible globally. However, Users accessing the Site from jurisdictions outside France are responsible for compliance with local laws and regulations governing Internet use, data protection, and cross-border communications. If local law prohibits access to the Site or use of the Services described, Users must not access the Site.

ARTICLE 6: CONSULTATION REQUESTS AND FORM SUBMISSIONS

6.1 "Purpose of Forms"

The Site provides electronic forms permitting Users to submit Consultation Requests and initiate preliminary contact with the Operator. These forms serve solely as an initial screening mechanism and do not create any contractual relationship or obligation.

6.2 "Information Collected"

Form Submissions typically request the following information:

Full name and title

Email address and telephone number (where applicable)

Organizational affiliation (if acting on behalf of an entity)

Nature of inquiry or service interest

Free-form message describing requirements, objectives, or background

Users must provide accurate, complete, and truthful information. Provision of false, misleading, or incomplete information may result in rejection of the Consultation Request and permanent exclusion from access to Services.

6.3 "Legal Effects of Form Submission"

By submitting a Consultation Request or any Form Submission, the User:

(a) Accepts these Terms: Express, affirmative, and unconditional acceptance of these Terms in their entirety, including all Articles, limitations of liability, disclaimers, and governing law provisions.

(b) Consents to Data Processing: Authorizes the Operator to collect, store, and process the submitted Personal Data in accordance with Article 11 and applicable data protection law (GDPR and French Data Protection Act).

(c) Acknowledges Confidentiality: Acknowledges that information submitted constitutes Confidential Information and will be treated as such by the Operator, subject to Article 13.

(d) No Obligation on Operator: Acknowledges and agrees that Form Submission creates no obligation whatsoever on the part of the Operator to respond, engage in discussions, provide advice, disclose information, accept any Mandate, or enter into any agreement.

(e) Best Efforts Only: Acknowledges that the Operator's review and processing of the Form Submission is subject solely to a Best Efforts Obligation, with no guarantee of response, acceptance, or any particular outcome.

6.4 "Operator" s Discretion

Following receipt of a Consultation Request, the Operator may, in its sole and absolute discretion:

Respond to the inquiry and initiate preliminary discussions;

Request additional information or documentation;

Conduct Due Diligence on the User and any entity represented;

Propose execution of a Non-Disclosure Agreement;

Propose an In-Person Meeting;

Decline the inquiry without providing reasons or justification;

Take no action whatsoever.

The Operator reserves the right to reject any Consultation Request for any reason or no reason, including but not limited to: failure of Due Diligence; reputational concerns; conflicts of interest; lack of suitable expertise; capacity constraints; strategic considerations; assessment that requirements are not aligned with Services; or any other factor deemed relevant by the Operator.

6.5 "No Response Timeframe Guaranteed"

The Operator does not commit to any timeframe for responding to Consultation Requests. Response times, if any, will vary based on the nature of the inquiry, the Operator's assessment of fit, Due Diligence requirements, workload, and other factors. Users acknowledge that weeks or months may elapse before receiving a response, or no response may be received.

6.6 "Preliminary Nature"

Any communications following a Consultation Request, including email exchanges, telephone calls, or preliminary meetings, remain preliminary and non-binding unless and until:

Due Diligence is completed to the Operator's satisfaction;

A Non-Disclosure Agreement is executed (where applicable);

An In-Person Meeting is conducted (where required);

A definitive Service Agreement is executed and delivered.

Prior to execution of a Service Agreement, the Operator may discontinue discussions at any time without liability.

ARTICLE 7: SERVICES DESCRIBED ON THE SITE

7.1 "Five Service Categories"

The Site describes five principal categories of Services offered by the Operator:

(a) Transaction Advisory and Intermediation: Cross-border deal advisory for complex over-the-counter transactions, strategic acquisitions, capital deployment, commodity transactions (mining products, industrial metals, energy resources, agricultural commodities), dematerialized assets, and principal-to-principal intermediation for non-public acquisition flow. Services include counterparty identification, risk assessment, scenario modeling, procedural alignment, negotiation support, and transaction completion facilitation.

(b) Economic Intelligence and Strategic Planning: Market intelligence frameworks, competitive analysis, regulatory evolution tracking, geopolitical and socio-economic risk assessment, technological advancement identification, market opportunity detection, strategic position evaluation, scenario planning, resource allocation optimization, and implementation support.

(c) Government Relations and Lobbying: Multi-jurisdictional advocacy, institutional relationship management, regulatory navigation, direct engagement with regulatory authorities and policy decision-makers, anticipation of legislative and regulatory changes, influence of public decisions, compliance with transparency requirements, and positioning upstream of reforms. Services encompass lobbying at national, regional, and supra-national levels (including European Union institutions, Middle East, Africa, India, Central America).

(d) Real Estate and Architectural Advisory: Large-scale real estate structuring, architectural integration, development orchestration, and project execution from site acquisition through technical design to final delivery. Services include project creation and feasibility analysis, land and property valorization, co-investment in developments, permit obtainment, construction management, and coordination with partner architecture offices for projects ranging from millions of square meters developments to landmark assets.

(e) Confidential Mandates: Specialized, invitation-only capabilities for Principals requiring operational confidentiality and execution outside standard advisory channels, addressed in Article 8.

7.2 "Informational Descriptions Only"

All descriptions of Services on the Site, including methodologies, operational approaches, client profiles, geographic scope, and case illustrations, are provided for informational purposes only to allow Users to understand the nature and scope of the Operator's expertise.

These descriptions:

Do not constitute offers, solicitations, or invitations to contract;

Do not create any entitlement to receive Services;

Are general in nature and not tailored to any specific User;

May be modified, updated, or removed at any time without notice;

Are subject to a Best Efforts Obligation regarding accuracy and completeness, but are provided "as is" without warranty.

7.3 "No Guarantee of Service Availability"

The Operator reserves the right to decline to provide any Service to any User or prospective Client, for any reason or no reason, including capacity constraints, conflicts of interest, strategic considerations, or outcome of Due Diligence.

Description of a Service on the Site does not guarantee that the Operator will accept a Mandate in that service area or that the Service is available to any particular User.

7.4 "Services Provided Under Separate Agreement"

All Services are provided exclusively pursuant to separately negotiated and executed Service Agreements following:

Submission of a Consultation Request and preliminary discussions;

Satisfactory completion of Due Diligence;

Execution of a Non-Disclosure Agreement;

Agreement on scope, fees, duration, and other commercial terms;

In-Person Meeting (where required for Confidential Mandates or high-value engagements);

Execution and delivery of a definitive Service Agreement.

No Services are provided solely by virtue of accessing the Site or submitting a Consultation Request.

7.5 "Best Efforts Obligation for Services"

When Services are provided pursuant to a Service Agreement, the Operator's obligations are governed by the terms of that Service Agreement. However, unless expressly stated otherwise in a Service Agreement, the Operator's obligations under any Service Agreement constitute Best Efforts Obligations, not Obligations of Result, for the reasons stated in Article 4.

Service Agreements may contain additional limitations of liability, disclaimers, and allocation of risks appropriate to the specific Mandate.

ARTICLE 8: CONFIDENTIAL SERVICES AND INVITATION-ONLY MANDATES

8.1 "Nature of Confidential Services"

The Site describes "Confidential Services" or "Confidential Mandates" as specialized, invitation-only advisory capabilities reserved for Ultra High Net Worth Individuals (UHNWIs), Fortune 500 Corporations, sovereign wealth funds, and senior government entities requiring operational confidentiality and execution outside standard advisory channels.

Confidential Services are distinguished by:

Invitation-Only Access: Access is not available through standard Consultation Request processes; it requires formal introduction, referral, or invitation by the Operator.

Enhanced Confidentiality: Capabilities are never documented publicly or accessible through digital channels; they operate under Enhanced Security Protocols described in Article 1.13.

In-Person Requirement: Delivery is strictly in-person following completion of Due Diligence, Security Clearance Verification, and execution of a Non-Disclosure Agreement.

Higher Thresholds: Typically for Principals with significant assets (generally exceeding USD $100 million net worth for individuals; Fortune 500 scale for corporations; sovereign-level for governments).

Bespoke Structuring: Every engagement is individually structured with terms calibrated to the specific risk profile, operational requirements, and objectives.

8.2 "Access Requirements"

Access to Confidential Services requires demonstration of:

Qualified Principal Status: Identity and legitimacy as a UHNWI, Fortune 500 Corporation, Sovereign Entity, or comparable qualified Principal.

Business Requirements: Needs that cannot be adequately served through standard advisory channels, including requirements for operational discretion, intelligence architecture, network access, or execution capabilities unavailable from conventional advisory firms.

Security Clearance: Passing Security Clearance Verification conducted by the Operator, demonstrating absence of unacceptable operational security risks.

Financial Commitment: Willingness to provide a financial commitment (deposit or retainer) to secure and organize the initial In-Person Meeting arrangement, demonstrating seriousness and compensating the Operator for mobilization of resources.

8.3 "Access Process"

The process for accessing Confidential Services typically involves:

Formal Introduction: Contact initiated through formal introduction by a trusted mutual contact, referral from an existing Client, or invitation by the Operator. Direct unsolicited inquiries via standard Consultation Request forms are generally not sufficient for Confidential Services access.

Preliminary Screening: Initial assessment by the Operator to determine whether the inquiry warrants further engagement, conducted with utmost discretion to protect identity and intent of the inquiring party.

Non-Disclosure Agreement: Execution of a comprehensive bilateral NDA before any substantive information is exchanged.

Due Diligence and Security Clearance: Comprehensive verification of identity, legitimacy, financial capacity, business requirements, and absence of operational security risks, reputational concerns, or conflicts of interest.

Financial Commitment: Agreement on financial commitment required to secure the In-Person Meeting.

In-Person Meeting Arrangement: Coordination of In-Person Meeting at a client-selected venue or secure location under Enhanced Security Protocols, with intake procedures and identity verification measures.

Service Agreement Negotiation: If the In-Person Meeting proceeds favorably, negotiation and execution of a bespoke Service Agreement defining the Mandate.

8.4 "Operator" s Absolute Discretion

The Operator retains absolute discretion at every stage to decline access to Confidential Services, decline to proceed with In-Person Meeting arrangements, or discontinue discussions, without obligation to provide reasons or justification.

Factors that may lead to denial of access include but are not limited to: failure of Due Diligence; unacceptable security risks; reputational concerns; conflicts of interest; assessment that requirements do not warrant Confidential Services level; lack of financial capacity; regulatory or legal concerns; or any other factor deemed relevant by the Operator.

8.5 "No Guarantees"

Access to the Confidential Services page of the Site or submission of an access request form does not:

Guarantee access to Confidential Services;

Create any obligation on the Operator's part to respond, meet, or provide Services;

Entitle the User to disclosure of information regarding Confidential Services capabilities;

Guarantee that an In-Person Meeting will be arranged or that any Service Agreement will be executed.

8.6 "Confidentiality of Inquiries"

The Operator commits to treating all inquiries regarding Confidential Services with utmost confidentiality. The existence of an inquiry, the identity of the inquiring party, and any information exchanged during the access process constitute Confidential Information and will not be disclosed except as required by applicable law or with the express consent of the inquiring party.

8.7 "Applicability of These Terms"

These Terms apply in full to any User accessing the Confidential Services page or submitting an access request. However, if a Service Agreement for Confidential Services is ultimately executed, the terms of that Service Agreement will govern the Mandate, and may supersede, supplement, or modify these Terms as expressly stated in the Service Agreement.

ARTICLE 9: NO CONTRACTUAL RELATIONSHIP ABSENT SEPARATE AGREEMENT

9.1 "Preliminary Nature of All Site Interactions"

Users expressly acknowledge and agree that:

Accessing the Site;

Browsing or reading Content;

Submitting a Consultation Request or Form Submission;

Receiving a response from the Operator;

Engaging in preliminary discussions, telephone calls, or email exchanges;

Conducting preliminary Due Diligence;

Executing a Non-Disclosure Agreement;

Attending an In-Person Meeting;

does NOT, individually or collectively, create any contractual relationship, advisory relationship, fiduciary duty, agency relationship, partnership, joint venture, or other legal relationship between the User and the Operator, NOR any obligation on the part of the Operator to provide Services, accept a Mandate, or proceed to any further stage of engagement.

9.2 "Service Agreement Required"

Provision of Services and creation of a contractual advisory relationship require execution and delivery of a definitive, written Service Agreement signed by authorized representatives of both parties.

Only upon execution of a Service Agreement does a contractual relationship arise, and even then, the rights, obligations, and scope of the relationship are governed exclusively by the terms of that Service Agreement, not by these Terms (except to the extent the Service Agreement expressly incorporates these Terms).

9.3 "Pre-Contractual Discussions Non-Binding"

All discussions, proposals, term sheets, scope descriptions, fee estimates, or other communications prior to execution of a Service Agreement are:

Preliminary and non-binding;

Subject to change or withdrawal at any time;

Contingent upon satisfactory completion of Due Diligence, negotiation of definitive terms, and execution of a Service Agreement;

Not enforceable as contracts or obligations.

9.4 "No Advice Provided Pre-Contract"

No advice, recommendations, opinions, or strategic guidance provided by the Operator during preliminary discussions, Due Diligence, or pre-contractual interactions constitutes professional advisory services or creates any liability. Any such communications are provided solely to assess fit and feasibility and should not be relied upon by the User for any business, investment, legal, or strategic decision.

9.5 "Right to Discontinue"

The Operator may discontinue pre-contractual discussions at any time, for any reason or no reason, without liability to the User for any costs incurred, opportunities foregone, reliance placed, or expectations created.

ARTICLE 10: INTELLECTUAL PROPERTY RIGHTS

10.1 "Ownership of Content"

All Content on the Site, including but not limited to text, graphics, logos, icons, images, photographs, video clips, audio clips, data compilations, software code, page layouts, navigation structures, design elements, methodologies, frameworks, processes, and all other materials, is the exclusive property of the Operator or is used with authorization from third-party rights holders.

All Content is protected by Intellectual Property Rights, including but not limited to:

Copyright and neighboring rights under the French Intellectual Property Code (Code de la propriété intellectuelle, Articles L. 111-1 et seq.) and international conventions (Berne Convention, WIPO Copyright Treaty);

Trademark rights (registered and unregistered) under French and international law;

Trade secret and confidential information protection under French law (Articles L. 151-1 et seq. of the Commercial Code);

Database rights under Directive 96/9/EC and French implementing legislation;

Any other applicable intellectual property laws.

10.2 "Prohibition of Reproduction and Use"

Except as expressly authorized by these Terms or separate written agreement, any reproduction, representation, modification, publication, adaptation, translation, arrangement, distribution, transmission, broadcasting, public display, commercial exploitation, or creation of derivative works based on any Content is strictly prohibited without prior written authorization from the Operator.

Prohibited acts include but are not limited to:

Copying, downloading (except temporary caching necessary for viewing), or printing Content beyond personal, private, non-commercial use;

Reproducing Service descriptions, methodologies, frameworks, or operational approaches for use by competing advisory firms or for User's own commercial purposes;

Extracting or reutilizing substantial parts of the Site's database or data compilations;

Displaying Content on other websites (framing, embedding, mirroring);

Distributing Content to third parties;

Modifying, adapting, or creating derivative works;

Reverse engineering, decompiling, or disassembling any software or technology;

Removing or altering copyright notices, trademarks, or other proprietary legends.

10.3 "Limited License for Personal Use"

The Operator grants Users a limited, non-exclusive, non-transferable, revocable license to access and view Content on the Site for personal, private, informational, and non-commercial purposes only, strictly in accordance with these Terms.

This license:

Does not convey any ownership or IP Rights in Content;

Permits only on-screen viewing and temporary caching necessary for such viewing;

Permits printing single copies of individual pages for personal reference;

Does not permit: commercial use; reproduction for distribution; modification; public display; or any use that competes with the Operator's business.

10.4 "Trademarks and Trade Names"

"Mad Middleman" and any associated logos, slogans, or designs are trademarks or trade names of the Operator (whether registered or unregistered).

All trademarks, service marks, trade names, and logos appearing on the Site, whether belonging to the Operator or third parties, are the property of their respective owners.

Users may not use any trademarks, service marks, trade names, or logos from the Site without prior written consent of the Operator or the relevant third party owner. Unauthorized use may constitute trademark infringement under applicable law (Articles L. 713-2 et seq. of the French Intellectual Property Code).

10.5 "Enforcement and Remedies"

Unauthorized use of Content or violation of the Operator's IP Rights constitutes:

Breach of these Terms, permitting immediate termination of access to the Site;

Copyright infringement under Articles L. 335-2 et seq. of the French Intellectual Property Code, punishable by up to 3 years' imprisonment and fines of up to €300,000;

Trademark infringement under Articles L. 713-2 et seq. of the French Intellectual Property Code, punishable by up to 4 years' imprisonment and fines of up to €400,000;

Unfair competition under Articles L. 121-1 et seq. of the French Consumer Code and general tort principles;

Misappropriation of trade secrets under Articles L. 151-1 et seq. of the French Commercial Code.

The Operator reserves all rights to pursue legal remedies, including injunctive relief, damages, attorney's fees, and criminal prosecution.

10.6 "DMCA and Reporting IP Violations"

If you believe that Content on the Site infringes your intellectual property rights, please contact the Operator at contact@madmiddleman.com with detailed information including: identification of the copyrighted work or IP right claimed to be infringed; identification of the allegedly infringing material and its location on the Site; your contact information; a statement of good faith belief that use is unauthorized; and a statement under penalty of perjury that information provided is accurate and you are authorized to act on behalf of the rights holder.

ARTICLE 11: PERSONAL DATA AND PRIVACY

11.1 "Data Controller"

The Operator acts as data controller (responsable de traitement) for processing of Personal Data collected through the Site, in accordance with:

Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation or "GDPR");

French Law No. 78-17 of 6 January 1978 on Information Technology, Data Files and Civil Liberties, as amended (Loi Informatique et Libertés).

Website Host: Hostinger International Ltd. 61 Lordou Vironos Street, 6023 Larnaca, Cyprus Website: https://www.hostinger.com

For any question, you may contact Mad Middleman at Email: contact@madmiddleman.com

11.2 "Data Protection Officer"

The Operator has not designated a Data Protection Officer. For all matters relating to personal data protection, please contact: contact@madmiddleman.com.

11.3 "Categories of Personal Data Collected"

The Operator collects the following categories of Personal Data:

(a) Data Collected Automatically:

IP address

Browser type and version

Operating system

Device type (desktop, mobile, tablet)

Pages viewed and navigation path

Date, time, and duration of visit

Referring URL (source of visit)

Geographic location (country, region, city inferred from IP address)

(b) Data Collected via Form Submissions:

Full name and title

Email address

Telephone number (where provided)

Organizational affiliation and role (where provided)

Nature of inquiry or service interest

Free-form message content

Any other information voluntarily provided by the User in form fields

(c) Data Collected via Cookies: As described in Article 12.

11.4 "Recipients of Personal Data"

Personal Data may be disclosed to the following categories of recipients:

(a) Internal Recipients:

Authorized employees and contractors of the Operator with need-to-know access for purposes stated above

(b) External Service Providers (Processors):

Hosting provider: Hostinger International Ltd., 61 Lordou Vironos Street, 6023 Larnaca, Cyprus (European Union) — Purpose: hosting Site and data

All processors are bound by data processing agreements compliant with Article 28 GDPR and implement appropriate technical and organizational security measures.

(c) Professional Advisors:

Legal counsel, accountants, auditors, and other professional advisors engaged by the Operator, subject to professional confidentiality obligations

(d) Counterparties and Partners:

Where necessary for execution of a Mandate and with Client's consent, Personal Data may be shared with Counterparties, co-investors, or partners, subject to Non-Disclosure Agreements

(e) Public Authorities:

Regulatory authorities, law enforcement, tax authorities, courts, or other public bodies where disclosure is required by applicable law, court order, or regulatory obligation (e.g., anti-money laundering reporting, judicial requisitions)

The Operator does not sell, rent, or trade Personal Data to third parties for their marketing purposes.

11.5 "International Transfers of Personal Data"

Personal Data is hosted and processed within the European Union (Cyprus — Hostinger).

The Operator does not transfer Personal Data outside the European Union or European Economic Area.

11.6 "Data Subject Rights"

Under the GDPR and French Data Protection Act, data subjects have the following rights:

(a) Right of Access (Art. 15 GDPR): Right to obtain confirmation whether Personal Data is being processed, access to such data, and information about the processing.

(b) Right of Rectification (Art. 16 GDPR): Right to have inaccurate Personal Data corrected and incomplete data completed.

(c) Right to Erasure / "Right to be Forgotten" (Art. 17 GDPR): Right to obtain deletion of Personal Data in certain circumstances (data no longer necessary; consent withdrawn; objection to processing; unlawful processing; legal obligation to erase). This right does not apply where retention is necessary for compliance with legal obligations or for establishment, exercise, or defense of legal claims.

(d) Right to Restriction of Processing (Art. 18 GDPR): Right to obtain restriction of processing in certain circumstances (accuracy contested; processing unlawful but erasure opposed; data no longer needed but required for legal claims; objection pending verification).

(e) Right to Data Portability (Art. 20 GDPR): Right to receive Personal Data in a structured, commonly used, machine-readable format and transmit it to another controller, where processing is based on consent or contract and carried out by automated means.

(f) Right to Object (Art. 21 GDPR): Right to object to processing based on legitimate interests (Art. 6(1)(f)) on grounds relating to the particular situation. The Operator will cease processing unless it demonstrates compelling legitimate grounds that override the data subject's interests. Data subjects have an absolute right to object to processing for direct marketing purposes.

(g) Right to Withdraw Consent (Art. 7(3) GDPR): Where processing is based on consent, right to withdraw consent at any time, without affecting lawfulness of processing based on consent before withdrawal.

(h) Right to Lodge a Complaint (Art. 77 GDPR): Right to lodge a complaint with a supervisory authority, particularly in the Member State of habitual residence, place of work, or place of alleged infringement. In France, the supervisory authority is:

Commission Nationale de l'Informatique et des Libertés (CNIL) 3 Place de Fontenoy, TSA 80715, 75334 Paris Cedex 07, France Online complaint: https://www.cnil.fr/fr/plaintes

(i) Right to Define Post-Mortem Directives (French Data Protection Act, Art. 85): Right to define directives concerning retention, deletion, and communication of Personal Data after death.

11.7 "Exercising Rights"

To exercise any of the above rights, data subjects may contact the Operator:

By email: contact@madmiddleman.com or desk@madmiddleman.com

The Operator will respond within one (1) month of receipt of the request. This period may be extended by two (2) months where necessary due to complexity or number of requests, in which case the Operator will inform the data subject of the extension and reasons.

The Operator may request additional information to verify the identity of the data subject making the request.

11.8 "Data Retention Periods"

Personal Data is retained for the minimum period necessary for the purposes stated in Article 11.4:

Consultation Requests (no contract): 2 years from last contact, then deleted

Client data (contractual relationship): Duration of Service Agreement + 5 years (French civil prescription), then deleted

Due Diligence records: Duration of evaluation + 2 years, then deleted (unless Client relationship established)

Security logs: 12 months, then deleted

Anonymized analytics data: 13 months, then anonymized (no longer Personal Data)

Accounting and legal records: Duration required by law (typically 5-10 years)

Following expiration of retention periods, Personal Data is securely deleted or irreversibly anonymized.

11.9 "Data Security Measures"

The Operator implements appropriate technical and organizational measures to ensure a level of security appropriate to the risk, in accordance with Article 32 GDPR, including:

Technical Measures:

HTTPS/TLS encryption for all data transmission

Firewalls, intrusion detection, and anti-malware systems

Regular security updates and patches

Access controls and authentication mechanisms

Secure backup and disaster recovery procedures

Regular security audits and penetration testing

Organizational Measures:

Confidentiality agreements with all employees and contractors

Data minimization and purpose limitation principles

Access restricted on need-to-know basis

Staff training on data protection and security

Incident response and data breach procedures

Policies for secure destruction of data

11.10 "Data Breach Notification"

In the event of a personal data breach likely to result in a risk to the rights and freedoms of data subjects, the Operator will:

Notify the CNIL without undue delay and, where feasible, within 72 hours of becoming aware of the breach (Art. 33 GDPR);

If the breach is likely to result in a high risk, notify affected data subjects without undue delay (Art. 34 GDPR);

Document the breach, its effects, and remedial measures taken.

11.11 "No Processing of Special Categories of Data"

The Operator does not intentionally collect or process "special categories" of Personal Data (sensitive data) as defined in Article 9 GDPR, including data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, genetic data, biometric data, health data, or data concerning sex life or sexual orientation.

If such data is inadvertently submitted by a User, it will be immediately deleted.

11.12 "No Automated Decision-Making"

The Operator does not engage in automated decision-making or profiling as defined in Article 22 GDPR (i.e., decisions producing legal effects or similarly significantly affecting individuals, based solely on automated processing).

ARTICLE 12: COOKIES AND TRACKING TECHNOLOGIES

12.1 "Use of Cookies"

The Site uses cookies and similar tracking technologies. A cookie is a small text file placed on the User's device (computer, smartphone, tablet) when visiting the Site, allowing collection of information about navigation and recognition of the User on subsequent visits.

12.2 "Types of Cookies Used"

(a) Strictly Necessary Cookies (Exempt from Consent Requirement):

These cookies are essential for the Site to function and cannot be disabled. They do not store any personally identifiable information.

Session cookies: Maintain User session and enable navigation

Security cookies: Detect authentication abuses and protect against CSRF attacks

Load balancing cookies: Distribute network traffic

Duration: Session (deleted when browser closed) or up to 13 months

12.3 "Browser Settings"

Users may also manage cookies through browser settings:

Chrome: chrome://settings/cookies

Firefox: about:preferences#privacy

Safari: Preferences > Privacy

Edge: edge://settings/privacy

Opera: opera://settings/privacy

Note: Disabling certain cookies may impair Site functionality or user experience.

12.4 "Third-Party Cookies"

The Operator does not control third-party cookies. Users should consult third-party privacy policies for information on their data practices.

12.5 "Do Not Track"

Some browsers offer "Do Not Track" (DNT) signals. The Site does not currently respond to DNT signals, as there is no industry-wide standard for compliance. Users who wish to opt out of tracking should use the cookie consent banner or browser cookie settings.

ARTICLE 13: CONFIDENTIALITY AND OPERATIONAL SECURITY

13.1 "Operator" s Confidentiality Commitment

Given the highly sensitive nature of the Services described on the Site (strategic advisory, intelligence, confidential transactions, government relations, cross-border mandates for UHNWIs and sovereign entities), the Operator commits to the strictest confidentiality regarding:

Identity of Users and Clients: The Operator will not disclose the identity of any User who submits a Consultation Request, or any Client with whom a Service Agreement is executed, without express written consent or legal obligation.

Content of Communications: All information submitted via Form Submissions, exchanged during preliminary discussions, Due Diligence, or Mandate execution constitutes Confidential Information and will not be disclosed.

Existence of Mandates: The fact that a Mandate exists, is under discussion, or has been completed will not be disclosed.

Operational Details: Methods, Counterparties, intelligence sources, Network contacts, and operational details of any engagement will not be disclosed.

This commitment applies regardless of whether a Service Agreement is ultimately executed.

13.2 "Exceptions to Confidentiality"

The Operator may disclose Confidential Information only where:

(a) Legally Required: Disclosure is compelled by applicable law, judicial order, regulatory requirement, or government authority (e.g., AML/CTF reporting obligations, judicial subpoenas, tax authority requests). Where legally permissible, the Operator will notify the affected party prior to disclosure.

(b) Consent Obtained: The Client or User provides express written consent to disclosure.

(c) Public Domain: Information has entered the public domain through no breach of confidentiality by the Operator.

(d) Defense of Rights: Disclosure is necessary for the Operator to establish, exercise, or defend legal rights or claims.

13.3 "Operational Security Measures"

The Operator implements comprehensive Operational Security measures, including but not limited to:

(a) Encrypted Communications:

Use of end-to-end encrypted email (e.g., ProtonMail) and messaging platforms (e.g., Signal) for sensitive communications

Secure file transfer protocols (SFTP, encrypted file sharing platforms)

Virtual Private Networks (VPNs) for secure connections

(b) Physical Security:

In-Person Meetings conducted in secure, private venues with controlled access

Identity verification procedures for meeting participants

Secure document handling and destruction protocols

(c) Information Compartmentalization:

Access to Confidential Information restricted on strict need-to-know basis

Separation of Client information to prevent cross-contamination or conflicts

Limited documentation of Confidential Mandates

(d) Personnel Security:

Background checks on employees and contractors with access to Confidential Information

Mandatory confidentiality agreements and Non-Disclosure Agreements with all personnel

Regular training on confidentiality and security protocols

(e) Cybersecurity:

Measures described in Article 11.10 (encryption, access controls, security audits, etc.)

Monitoring for security threats and incidents

Incident response procedures

13.4 "Enhanced Security for Confidential Mandates"

For Confidential Mandates described in Article 8, Enhanced Security Protocols are applied, which may include:

Mandatory use of Encrypted Communications for all exchanges

Physical meetings only (no video conferences or phone discussions of sensitive matters)

Heightened vetting and background checks

Use of code names or anonymization where appropriate

Secure facilities for document review

Immediate destruction of documents after use

Limitation on note-taking or recording

Other measures calibrated to the specific risk profile of the Mandate

13.5 "Duration of Confidentiality Obligation"

The Operator's confidentiality obligations:

Commence upon receipt of any Confidential Information (including via Form Submission)

Continue throughout any preliminary discussions or Mandate execution

Survive indefinitely after termination of any engagement or discussions, except where information enters the public domain through no breach by the Operator

Where a Service Agreement or NDA specifies a different duration (e.g., 10 years post-termination), the longer period applies.

13.6 "User and Client Obligations"

Users and Clients acknowledge that confidentiality is mutual and commit to:

Not disclosing the Operator's identity, Network contacts, methodologies, or Confidential Information without consent

Not disclosing the existence or nature of any Mandate or engagement without consent

Maintaining confidentiality of any information designated as confidential by the Operator

Complying with any confidentiality provisions in Service Agreements or NDAs

Breach of confidentiality by a User or Client may result in immediate termination of discussions or Mandate, exclusion from future Services, and legal action for damages.

ARTICLE 14: LIMITATION OF LIABILITY

14.1 "Best Efforts Standard"

As set forth in Article 4, the Operator undertakes solely a Best Efforts Obligation under these Terms. Accordingly, the Operator shall not be liable for failure to achieve any particular result, outcome, or objective, whether in relation to the Site, Content, processing of Consultation Requests, or any other matter governed by these Terms.

14.2 "No Warranty of Accuracy or Completeness"

The Site and all Content are provided "AS IS" and "AS AVAILABLE" without warranties of any kind, whether express or implied.

The Operator makes reasonable efforts to ensure accuracy, completeness, and currency of Content, but does not warrant or guarantee that:

Content is accurate, complete, current, or error-free;

The Site will be available, uninterrupted, secure, or error-free;

Defects will be corrected;

The Site or servers are free of viruses or harmful components;

Use of the Site will meet User requirements or expectations.

All implied warranties, including warranties of merchantability, fitness for a particular purpose, title, and non-infringement, are hereby DISCLAIMED to the fullest extent permitted by law.

14.3 "Exclusion of Liability for Indirect Damages"

To the maximum extent permitted by French law and subject to Article 14.7, the Operator shall NOT be liable for any indirect, incidental, consequential, special, punitive, or exemplary damages arising out of or related to use of the Site or these Terms, including but not limited to:

Loss of profits, revenue, business, or anticipated savings

Loss of business opportunities or contracts

Loss of goodwill or reputation

Loss of data or information

Cost of procurement of substitute services

Wasted management or staff time

Losses arising from reliance on Content or information on the Site

Losses arising from inability to access the Site

Losses arising from interruptions, delays, or errors in the Site

Losses arising from third-party actions or failures

This exclusion applies regardless of the legal theory (contract, tort, negligence, strict liability, or otherwise) and even if the Operator has been advised of the possibility of such damages.

14.4 "Limitation of Liability for Direct Damages"

To the maximum extent permitted by French law and subject to Article 14.7, the Operator's aggregate liability to any User arising out of or related to these Terms or use of the Site, whether in contract, tort, or otherwise, shall be limited to:

ZERO (€0), given that access to the Site is provided free of charge.

This cap applies to all claims collectively, not per claim.

14.5 "Separate Service Agreements"

This Article 14 governs liability related solely to the Site and these Terms. Liability for provision of Services pursuant to a Service Agreement is governed exclusively by the terms of that Service Agreement, which may contain different limitations of liability, indemnification provisions, and damages caps appropriate to the specific Mandate.

14.6 "User Responsibility"

Users are solely responsible for:

Their use of the Site and any consequences arising therefrom;

Evaluating the accuracy, completeness, and usefulness of Content;

Any decisions made or actions taken based on Content or information obtained via the Site;

Ensuring their use complies with applicable law;

Security of their own devices, accounts, and data;

Any costs incurred in accessing the Site.

The Operator is not responsible for User decisions, reliance, or actions.

14.7 "Non-Excludable Liabilities"

Nothing in these Terms excludes or limits the Operator's liability for:

Death or personal injury caused by the Operator's negligence;

Fraud or fraudulent misrepresentation by the Operator;

Any other liability that cannot be excluded or limited under French law.

14.8 "Third-Party Actions"

The Operator is not liable for:

Actions, omissions, or failures of third parties (including Counterparties, clients, suppliers, service providers, government authorities, or other actors);

Content, products, or services of third parties accessible via hyperlinks from the Site;

Unauthorized access to or alteration of User data by third parties;

Statements or conduct of third parties on or via the Site.

ARTICLE 15: FORCE MAJEURE

15.1 "Definition and Scope"

As defined in Article 1.14, Force Majeure means any event or circumstance beyond the reasonable control of the Operator that prevents, hinders, or delays performance of obligations under these Terms.

Force Majeure events include but are not limited to: acts of God; natural disasters; pandemics; war; terrorism; civil unrest; government actions; strikes; cyberattacks; infrastructure failures; energy shortages; supplier failures; sanctions regimes; sovereign decisions; market crashes; and other unforeseeable, irresistible, external events as defined under Articles 1218 and 1231-1 of the French Civil Code.

15.2 "Effect of Force Majeure"

Upon occurrence of a Force Majeure event:

The Operator's obligations under these Terms are suspended for the duration of the Force Majeure event;

The Operator is excused from liability for any non-performance or delay caused by the Force Majeure event;

Time for performance is extended by the duration of the Force Majeure event;

If the Force Majeure event continues for more than sixty (60) days, either party may terminate the affected obligations (if any exist) without liability.

15.3 "Notification"

The Operator will make reasonable efforts to notify Users or Clients of a Force Majeure event affecting performance, where practicable under the circumstances. However, failure to provide notice does not waive the Force Majeure defense.

15.4 "Mitigation"

The Operator will use reasonable efforts to mitigate the effects of a Force Majeure event and resume performance as soon as reasonably practicable. However, the Operator is not required to settle strikes or labor disputes, challenge government actions, or take actions that would impose unreasonable burdens or costs.

ARTICLE 16: PROHIBITED CONDUCT

16.1 "General Prohibition"

Users shall not use the Site for any unlawful purpose or in any manner that:

Violates these Terms;

Infringes the rights of the Operator or third parties;

Harms, threatens, defames, or harasses any person or entity;

Is fraudulent, deceptive, or misleading;

Violates any applicable law or regulation.

16.2 "Specific Prohibited Activities"

Without limitation, Users shall NOT:

(a) Unauthorized Access or Interference:

Attempt to gain unauthorized access to the Site, servers, databases, or networks;

Interfere with or disrupt the integrity or performance of the Site;

Introduce viruses, malware, Trojan horses, worms, logic bombs, or other harmful code;

Launch denial-of-service attacks or similar attacks;

Probe, scan, or test vulnerability of systems or breach security measures.

(b) Automated Access and Data Extraction:

Use robots, spiders, scrapers, crawlers, or other automated means to access the Site or extract data (except publicly available search engine crawlers respecting robots.txt);

Systematically retrieve, download, or store Content to create databases or compilations;

Use data mining, harvesting, or extraction tools on the Site.

(c) Intellectual Property Violations:

Copy, reproduce, modify, distribute, or create derivative works of Content except as expressly permitted in Article 10.3;

Remove, alter, or obscure copyright notices, trademarks, or proprietary legends;

Use the Operator's trademarks, logos, or branding without authorization;

Frame, embed, or mirror the Site on other websites.

(d) Misrepresentation and Fraud:

Provide false, inaccurate, or misleading information in Form Submissions or communications;

Impersonate any person or entity, or falsely state or misrepresent affiliation with any person or entity;

Forge headers or manipulate identifiers to disguise origin of communications;

Engage in fraudulent activities, schemes, or misrepresentations.

(e) Spamming and Abuse:

Send unsolicited or unauthorized advertising, promotional materials, spam, or junk messages via the Site;

Abuse Form Submissions by submitting excessive, repetitive, or frivolous requests;

Engage in any conduct that could disable, overburden, or impair the Site's functioning.

(f) Circumvention:

Attempt to circumvent security measures, access controls, or usage restrictions;

Reverse engineer, decompile, disassemble, or attempt to derive source code from the Site or any software;

Use the Site to develop competing services or for benchmarking purposes.

(g) Illegal or Harmful Content:

Submit or transmit any content that is illegal, defamatory, obscene, pornographic, hateful, discriminatory, or threatening;

Submit content that violates privacy rights, publicity rights, or intellectual property rights of third parties;

Facilitate money laundering, terrorist financing, sanctions evasion, or other illicit financial activities.

16.3 "Consequences of Prohibited Conduct"

Violation of this Article 16 may result in, without limitation:

Immediate termination of access to the Site without notice;

Permanent exclusion from Services and any future engagement with the Operator;

Reporting to authorities: Referral to law enforcement, regulatory bodies, or other competent authorities;

Legal action: Civil and/or criminal proceedings, including claims for damages, injunctive relief, and attorney's fees;

Cooperation with investigations: The Operator may cooperate with authorities and provide evidence of violations.

16.4 "Monitoring and Enforcement"

The Operator reserves the right, but is not obligated, to monitor use of the Site for compliance with these Terms. The Operator may investigate suspected violations, take remedial action, and disclose information to authorities as permitted or required by law.

However, the Operator's right to enforce does not create any obligation to monitor, and failure to enforce these Terms in one instance does not waive the right to enforce in other instances.

ARTICLE 17: HYPERLINKS AND THIRD-PARTY CONTENT

17.1 "Outbound Links"

The Site may contain hyperlinks to third-party websites, services, or resources not owned or controlled by the Operator ("Third-Party Sites").

The Operator:

Does NOT endorse, recommend, or make any representations regarding Third-Party Sites;

Exercises NO control over the content, privacy practices, terms of use, or availability of Third-Party Sites;

Is NOT responsible or liable for any content, products, services, advertising, or other materials on or available from Third-Party Sites;

Makes NO warranties regarding Third-Party Sites;

Is NOT liable for any harm, loss, or damages arising from access to or use of Third-Party Sites.

Users access Third-Party Sites entirely at their own risk and subject to the terms and privacy policies of those sites. Users should review the terms and policies of Third-Party Sites before engaging with them.

Provision of a hyperlink does not imply any affiliation, sponsorship, endorsement, or approval by the Operator.

17.2 "Inbound Links"

Creation of hyperlinks to the Site requires the prior written authorization of the Operator.

Unauthorized links are prohibited, particularly:

Links from websites containing illegal, defamatory, pornographic, violent, discriminatory, or otherwise objectionable content;

Links that create false association, imply sponsorship or endorsement, or misrepresent the relationship with the Operator;

Links using framing, inline linking, or other techniques that obscure the Site's URL or alter its appearance;

Links that damage the reputation or image of the Operator.

To request authorization for a link, contact: contact@madmiddleman.com

The Operator may revoke authorization at any time and require removal of unauthorized links. Failure to comply may result in legal action.

ARTICLE 18: MODIFICATION OF TERMS

18.1 "Right to Modify"

The Operator reserves the right to modify, amend, supplement, or replace these Terms at any time, at its sole discretion, for any reason, including but not limited to:

Changes in applicable law or regulatory requirements;

Evolution of the Site's functionality or Services offered;

Changes in the Operator's business practices or policies;

Enhancement of User protection or security;

Clarification or correction of provisions;

Any other operational, legal, or strategic reason.

18.2 "Effective Date of Modifications"

Modifications to these Terms become effective immediately upon posting of the revised Terms on the Site, unless otherwise specified.

The "Last Updated" date at the top of these Terms indicates the date of the most recent modification.

18.3 "Notification of Material Changes"

For material changes (e.g., significant changes to data processing practices, liability limitations, or User obligations), the Operator will make reasonable efforts to notify Users, which may include:

Prominent notice on the homepage of the Site;

Notification via email to Users who have submitted Consultation Requests (to the extent email addresses are available);

Pop-up or banner notification upon visiting the Site.

However, it is the User's responsibility to regularly review these Terms for updates. The Operator is not obligated to provide individual notice of non-material changes.

18.4 "Acceptance of Modifications"

Continued use of the Site following any modification of these Terms constitutes acceptance of the modified Terms.

If a User does not agree with modified Terms, the User must immediately cease all use of the Site. Continued access or use after modifications are posted constitutes binding acceptance.

18.5 "Version Control"

The Operator may maintain archived versions of prior Terms for reference purposes but is not obligated to do so. The version posted on the Site at any given time is the operative version governing use of the Site.

ARTICLE 19: SEVERABILITY

19.1 "Invalid Provisions"

If any provision of these Terms is held by a court of competent jurisdiction, arbitrator, or regulatory authority to be invalid, illegal, unenforceable, or contrary to applicable law, such provision shall be modified and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law, and the remaining provisions shall continue in full force and effect.

19.2 "Negotiated Replacement"

If a provision cannot be modified to be enforceable, it shall be severed from these Terms, and the parties (where a User has become a party through acceptance of these Terms) agree to negotiate in good faith a substitute provision that most closely reflects the original intent and economic effect, provided such substitute is legal and enforceable.

19.3 "Continued Validity"

The invalidity or unenforceability of any provision shall not affect the validity or enforceability of any other provision, and these Terms shall be construed as if the invalid or unenforceable provision had not been included, to the extent possible.

ARTICLE 20: ENTIRE AGREEMENT

20.1 "Complete Agreement Regarding Site Use"

These Terms constitute the entire agreement between the User and the Operator regarding access to and use of the Site, and supersede all prior or contemporaneous understandings, agreements, representations, or communications, whether written or oral, regarding such subject matter.

20.2 "Relationship to Other Agreements"

These Terms govern solely the use of the Site and do not govern or supersede:

Any separate Service Agreement executed between the Operator and a Client for provision of Services;

Any Non-Disclosure Agreement executed between the Operator and a User or Client;

Any other written agreement separately executed by the parties.

In the event of conflict between these Terms and a separately executed written agreement, the separately executed agreement shall prevail with respect to matters covered by that agreement.

20.3 "No Oral Modifications"

No oral modification, amendment, or waiver of these Terms is valid or binding. Modifications must comply with Article 18.

ARTICLE 21: GOVERNING LAW AND JURISDICTION

21.1 "Governing Law"

These Terms and any dispute or claim arising out of or in connection with them, their subject matter, or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of France, without regard to conflict of law principles.

The following French legal provisions are particularly applicable:

French Civil Code (Code civil): Articles 1101 et seq. (contracts), Articles 1137, 1147, 1231-1 (obligations), Articles 1218 (force majeure), Articles 1171 (unfair terms in consumer contracts — though these Terms are B2B);

French Intellectual Property Code (Code de la propriété intellectuelle): Articles L. 111-1 et seq. (copyright), Articles L. 713-1 et seq. (trademarks);

French Data Protection Act (Loi Informatique et Libertés): Law No. 78-17 of 6 January 1978, as amended, implementing the GDPR;

French Commercial Code (Code de commerce): Articles L. 151-1 et seq. (trade secrets), Articles L. 123-22 (accounting records retention);

Law No. 2004-575 of 21 June 2004 on Confidence in the Digital Economy (LCEN): Website operator obligations.

21.2 "Jurisdiction — Business-to-Business"

Given that the Site and Services are directed exclusively at professional, sophisticated Users (Principals, corporate entities, institutional leadership, UHNWIs operating in professional capacities), and the Services described are purely B2B in nature, the parties agree that:

(a) For Users who are business entities or professionals acting in their professional capacity:

Exclusive jurisdiction is conferred upon the competent courts of Paris, France, for any dispute arising out of or related to these Terms, the Site, or the relationship between the User and the Operator, notwithstanding any other general or specific jurisdiction rules.

Both parties expressly waive any objection to the jurisdiction or venue of the Paris courts.

(b) For Users who might be considered consumers (rare in this context):

In the unlikely event that a User qualifies as a "consumer" within the meaning of the French Consumer Code (Code de la consommation) — i.e., an individual acting for purposes outside their trade, business, craft, or profession — such User may bring proceedings in either:

The courts of their domicile; or

The courts of Paris (location of the Operator's registered office).

However, given the nature of the Site (professional B2B advisory services for UHNWIs, Fortune 500 corporations, and sovereign entities), it is expected by Mad Middleman that all Users are professionals.

21.3 "Amicable Dispute Resolution"

Prior to initiating any legal proceedings, the parties agree to attempt to resolve disputes amicably through good-faith negotiation.

A User who has a dispute should first contact the Operator at contact@madmiddleman.com or the postal address provided in Annex A, describing the dispute and proposed resolution.

The parties will attempt to resolve the dispute within thirty (30) days of notification.

If amicable resolution fails, either party may proceed to formal dispute resolution in accordance with Article 21.2.

21.4 "No Class Actions"

To the extent permitted by law, any dispute must be brought in the parties' individual capacities, and not as a plaintiff or class member in any purported class, collective, representative, or private attorney general proceeding. The parties expressly waive any right to pursue or participate in class action litigation.

21.5 "Language"

These Terms are drafted in English. A French version may be provided for convenience, but in the event of any conflict or inconsistency between versions, the English version shall prevail for interpretation and enforcement purposes.

Judicial proceedings may be conducted in French in accordance with French procedural law.

ARTICLE 22: CONTACT INFORMATION

22.1 "General Inquiries"

For any questions, comments, or concerns regarding these Terms, the Site, or the Services described, Users may contact the Operator:

By email: contact@madmiddleman.com or desk@madmiddleman.com

22.2 "Data Protection Inquiries"

For matters relating to Personal Data, privacy, or exercise of data subject rights under Article 11:

Email: contact@madmiddleman.com or desk@madmiddleman.com

22.3 "Legal Notices and Formal Communications"

For formal legal notices, service of process, or official communications requiring documented delivery, please write at contact@madmiddleman.com or desk@madmiddleman.com

22.4 "Response Timeframe"

The Operator will make reasonable efforts to respond to inquiries in a timely manner. However, response times will vary depending on the nature and complexity of the inquiry, and the Operator does not guarantee any specific response timeframe (Best Efforts Obligation).

For data subject rights requests under Article 11.8, the Operator will respond within the timeframe specified by the GDPR (one month, extendable by two months if necessary).

ANNEX A: LEGAL NOTICES

A.1 Publisher Identification (Article 6 LCEN)

Pursuant to Article 6 of French Law No. 2004-575 of 21 June 2004 on Confidence in the Digital Economy (Loi pour la Confiance dans l'Économie Numérique or "LCEN"), the following information is provided:

Publisher of the Site: Mad Middleman’s team

Email: contact@madmiddleman.com

The Publication Director is responsible for editorial content under French law.

A.2 Website Host

The Site is hosted by:

Host: Hostinger International Ltd.

Registered Office: 61 Lordou Vironos Street 6023 Larnaca Cyprus (European Union)

Website: https://www.hostinger.com

Contact: Available via host's website

Under Article 6-II of the LCEN, the hosting provider retains connection data for a period of one year for the purpose of allowing identification of any person who contributed to creation of content, at the request of competent authorities.

A.3 Intellectual Property Notice

Trademarks:

"Mad Middleman" is a registered trademark. All other trademarks, service marks, logos, and trade names appearing on the Site are the property of their respective owners.

A.4 Anti-Money Laundering Compliance

The Operator is committed to compliance with applicable anti-money laundering (AML) and counter-terrorist financing (CTF) regulations, including:

European Directive (EU) 2015/849 of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (4th AML Directive), as amended by Directive (EU) 2018/843 (5th AML Directive);

French Monetary and Financial Code (Code monétaire et financier), Articles L. 561-1 et seq.;

Ordinance No. 2009-104 of 30 January 2009 on the prevention of the use of the financial system for the purposes of money laundering and terrorist financing.

The Operator:

Conducts due diligence on clients and prospective clients (Know Your Customer / KYC procedures);

Verifies identity and ultimate beneficial ownership (UBO);

Assesses and monitors risks of money laundering and terrorist financing;

Maintains records for the legally required period (minimum 5 years);

Reports suspicious transactions to TRACFIN (Traitement du renseignement et action contre les circuits financiers clandestins), the French Financial Intelligence Unit, when applicable.

A.5 Mediation (Consumer Disputes)

Given the exclusively professional and business-to-business nature of the Site and Services, consumer mediation is not applicable. Business disputes are governed by Article 21 of these Terms.

A.8 Online Dispute Resolution (EU Regulation)

Pursuant to Regulation (EU) No. 524/2013 of the European Parliament and of the Council of 21 May 2013 on online dispute resolution for consumer disputes, the European Commission provides an Online Dispute Resolution (ODR) platform accessible at: https://ec.europa.eu/consumers/odr

This platform is intended for consumers residing in the European Union. Given the B2B nature of the Site, it is not generally applicable.

ACCEPTANCE AND ACKNOWLEDGMENT

BY ACCESSING THE SITE, BROWSING CONTENT, OR SUBMITTING ANY CONSULTATION REQUEST OR FORM, YOU ACKNOWLEDGE THAT:

You have read and understood these Terms of Use in their entirety;

You agree to be bound by these Terms without modification or reservation;

You understand that the Operator undertakes solely a Best Efforts Obligation and not an Obligation of Result, as detailed in Article 4;

You understand that accessing the Site or submitting a Consultation Request does not create any contractual relationship or obligation on the Operator's part to provide Services, respond, or proceed to any further stage, as detailed in Article 9;

You understand that Services require separate written agreements (Service Agreement and Non-Disclosure Agreement) following Due Diligence and, where applicable, In-Person Meeting;

You acknowledge the limitations of liability set forth in Article 14, including exclusion of indirect damages and limitation of direct damages;

You consent to processing of Personal Data submitted via forms in accordance with Article 11;

You agree to the exclusive jurisdiction of the courts of Paris, France, and application of French law as set forth in Article 21;

You understand and accept all other provisions of these Terms.

IF YOU DO NOT AGREE TO THESE TERMS, YOU MUST IMMEDIATELY CEASE ALL USE OF THE SITE.

END OF TERMS OF USE

Last Updated: December 17, 2025

Mad Middleman contact@madmiddleman.com

DOCUMENT INFORMATION

Document Type: Terms of Use (Conditions Générales d'Utilisation) Applicable Law: French Law Language: English (French version may be provided separately; French version prevails in case of conflict) Version: 1.0 Effective Date: December 17, 2025

Disclaimer: This document is a template drafted for informational purposes based on French law applicable as of December 2025. It must be reviewed, customized, and validated by qualified legal counsel before implementation. The Operator should consult with attorneys specializing in French internet law, data protection (RGPD), intellectual property, and commercial contracts to ensure full compliance with applicable legal and regulatory requirements. This document does not constitute legal advice.