REGISTER NEW LEI CODE

The Applicant and/or Designee, pursuant to Articles 6 and 7 of the General Regulation on the protection of personal data (EU Reg. No. 2016/679) and of Article 130 of the Italian Privacy Code (Legislative Decree 196/2003 and subsequent amendments) expresses its consent to the processing of its personal data with reference to the purposes of the data processing indicated below:

• for the production of statistics and market research by InfoCamere

The Applicant and/or Designee, pursuant to Articles 6 and 7 of the General Regulation on the protection of personal data (EU Reg. No. 2016/679) and of Article 130 of the Italian Privacy Code (Legislative Decree 196/2003 and subsequent amendments) expresses its consent to the processing of its personal data with reference to the purposes of the data processing indicated below:

• for the communication and/or sending, by e-mail and telephone, of information and/or promotional material by InfoCamere relating to services aimed at the digitization of businesses. In particular, services similar to those covered by this Agreement may be offered.

ISSUANCE AND MANAGEMENT OF “LEI CODES” - GENERAL TERMS AND CONDITIONS OF SERVICE

Article 1. Definitions
The following terms, in addition to the other definitions contained in these General Terms and
Conditions will have, both in the singular and in the plural, the following meaning:

“Applicant": the company or any other legal entity (including the Branch Office) other than the natural
person - based in the territory of one of the countries in which InfoCamere can provide the service of
issuing and managing the LEI Codes as a LOU ("Local Operating Unit") duly accredited according to the
LEI Rules - which, regardless of its legal form, in its reference jurisdiction is legally entitled to be the
holder of rights and obligations and which requests InfoCamere to use the Service (as described in
Article 3), directly or through a Designee (as defined below), subject to acceptance of these General
Terms and Conditions;

"Branch Office": the branch office of a company in the territory of a State other than the one in which the aforementioned company has its head office, which meets the following requirements: (i) the owning company already has an active LEI Code; (ii) the branch office, in the event of initial activation of a LEI Code, does not already have a LEI Code; (iii) the branch office is located in the territory of one of the countries in which InfoCamere can provide the Service as a LOU (“Local Operating Unit”) duly accredited according to the LEI Rules; (iv) the request for initial activation or renewal of the LEI Code is submitted by the person who permanently represents the branch office and has express written authorization to that effect by a duly authorized representative of the owning company;

“Business day": means any day of the week from Monday to Friday that is not included among the
"Holidays";

“Designee : indicates the individual (meaning as such a natural person acting on his or her own behalf,
possibly in the exercise of a professional activity, or as duly authorized representative of a legal person or
other legal entity) authorized by the Applicant - by signing a document equivalent to the Delegation of
Authority Form attached to these General Terms and Conditions as Appendix A - to sign the Agreement
and to ask InfoCamere to provide the Service, in the name and on behalf of the Applicant;

“Holidays”: the days January 1, January 6, Easter Monday, April 25, May 1, June 2, August 15, November 1, December 8, December 25 and December 26;

"InfoCamere": the joint stock IT consortium company of the Chambers of Commerce, with registered
office at Via G.B. Morgagni 13, 00161 Rome (Italy) which provides the IT issuance and management
service of the LEI Code as a LOU ( “Local Operating Unit”) duly accredited according to the LEI Rules;

"LEI": the acronym for "Legal Entity Identifier";

"LEI certificate": indicates the document in digital format - issued by InfoCamere and governed by
specific general conditions available on the Web Portal - showing the possession of a LEI Code;

"LEI code": indicates the unique and universal identifier for the identification of legal entities engaged in
financial transactions, consisting of an alphanumeric code of 20 characters, processed according to the rules of the International Organization for Standardization (ISO 17442: 2020) and the LEI Rules;

"LEI Rules" indicates the rules of the International Organization for Standardization (and in particular
ISO 17442: 2020), the "Global LEI System High Level Principles and Financial Stability Board
recommendations" shared by the G20 at the Los Cabos (Mexico) summit in June 2012 and the "Global
Regulatory Oversight Committee Charter", together with any norm, rule, recommendation or regulation
otherwise referred to as issued or being issued by the supranational bodies entrusted with the power to
manage the global LEI system and in particular the "GLEIF" or The "Global Legal Entity Identifier
Foundation", the "FSB" or "Financial Stability Board", the "ROC" or "Regulatory Oversight Committee"
and the "COU" or "Central Operating Unit";

“Parent Data”: indicates the data relating to: (i) the individual/s who directly and/or indirectly
control/controls the Applicant - meaning as such the individual/s who is/are legally required to prepare
the consolidated financial statements and whose scope of consolidation includes the Applicant – as well
as the data relating to (ii) the Applicant's reference group, as indicated on the online LEI Code
application form. This data has been identified on the basis of the assumptions, terms and conditions
described by the LEI Rules and in particular by the document issued by the Regulatory Oversight
Committee (ROC) on March 10, 2016 "Collecting Data on Direct and Ultimate Parents of Legal Entities
in the Global LEI System – Phase 1” accessible at the link
http://www.leiroc.org/publications/gls/lou_20161003-1.pdf, as subsequently amended and
supplemented;

“Reference Data”: the data linked to a LEI Code, according to the ISO 17442:2020 definition, which
includes in particular: identification code, name, address, legal form of the interested party as well as the
relevant LEI code, its status (active or inactive) and its issuance and expiration dates;
"Service": indicates the issuing and management service of LEI codes.

“Web portal”: https://id-lei.com/;
Article 2. Agreement and Appendices
These General Terms and Conditions, together with the application procedure found in the specific
section of the Web Portal, the Delegation of Authority Form (Appendix A), the Price of Service Table
found in the specific information section of the Web Portal (Appendix B) and the Privacy Policy
(Appendix C), all published on the Web Portal, constitute the rules governing the service of issuing and
managing LEI Codes (hereinafter, collectively, the "Agreement").

Article 3. Subject
The subject of this Agreement is the provision, in compliance with the LEI Rules, of the LEI Code
issuing and management service provided by InfoCamere as a LOU ("Local Operating Unit”) duly
accredited according to the LEI Rules (hereinafter the “Service").
Article 4. Application for and issuance of the LEI Code
4.1 The Applicant - either directly or through a Designee - may apply for a LEI Code using the specific
section of the Web Portal where the Service is available.

4.2 For the purposes of activating the Service, the Applicant or the Designee must complete the
application procedure for the Service found in the specific section of the Web Portal, as set out in Article
4.3 below, and provide the documentation indicated in Article 4.4.
4.3 In order to complete the Service application procedure, the Applicant or the Designee must: (i) accept
these General Terms and Conditions; (ii) pay the fee amounts due pursuant to Article 6 and as indicated
in the Price of Service Table found in the specific information section of the Web Portal as well as in
Appendix B; (iii) sign the LEI Code application document with either a digital or handwritten signature.
4.4 The Service application procedure requires the following documents be produced:
4.4.1 in the event of application by an Applicant, if the application document referred to in Article 4.3
is signed with handwritten signature, a valid non-authentic copy of an identity document of the
Applicant's legal representative or of another person with power to sign;
4.4.2 in the event of application made by a Designee:
(i) valid non-authentic copy of an identity document of the Applicant's legal representative or of
another person with power to sign; and
(ii) delegation of authority duly issued by the Applicant to the Designee using the form hereto
attached as Appendix A; and
(iii) if the application document referred to in Article 4.3 is signed with handwritten signature, a
valid non-authentic copy of an identity document of the Designee.
4.5 The procedure referred to above in this Article must be completed within thirty days of the payment
referred to in Article 4.3, letter (ii). The Applicant or the Designee who does not complete the procedure
within this term will forfeit the application, without prejudice to the possibility of submitting a new one.
After ten years from the expiration of the thirty-day term referred to in this section, the Applicant or the
Designee will be no longer entitled to request a refund of the amounts paid pursuant to Article 6.
4.6 Within 4 Business Days from the completion of the procedure referred to in Articles 4.3 and 4.4,
having received all the necessary documents, InfoCamere will activate the LEI Code, giving notice to the
Applicant or the Designee through the channel indicated when the application was submitted and
arranging for the publication of the LEI Code on the Web Portal as well as any other publication
fulfillment required by the LEI Rules.
4.7 In the event that the application is denied for any reason, InfoCamere will contact the Applicant or
the Designee through the channel indicated when the application was filed - or, in the case of “multiple
applications with high volumes” referred to in article 4.8 below, by the means agreed to in writing by
InfoCamere and the Designee - in order to ascertain the possibility of rectifying the errors encountered.
4.8 In the event of multiple applications with high volumes through an Designee, the activation of the
Service will take place according to the procedures agreed to in writing with InfoCamere.

4.9 If the conditions set forth in Article 4.10 below are met, InfoCamere - upon request by the Applicant or the Designee in the context of the Service application procedure - will activate the Service through the “FastLEI” procedure, that is to say within one Business Day (instead of within 4 Business Days pursuant to Article 4.6) and more specifically: (i) on the same Business Day as the application if the latter is received by 3 (three) p.m. or (ii) by 12 (noon) of the next Business Day if the application is received after 3 (three) p.m. (the times indicated above refer to the Central European time zone). For the sake of clarity, any application that is received on a non-Business Day (e.g. Saturday or Sunday) is considered to have been received on the first Business Day following the day on which it was received.

4.10 Activation of the Service by InfoCamere within the terms indicated in Article 4.9 is subject to all the following conditions being met: (i) the Applicant is based in the territory of one of the countries in which InfoCamere can provide the Service as a LOU (“Local Operating Unit”) duly accredited according to the LEI Rules; (ii) the Applicant is an entity registered with relevant registration authorities; (iii) the application for the Service is filed through the specific section of the Web Portal in compliance with Articles 4.1, 4.2 and 4.3 above; (iv) the application contains the information required - which must be complete, correct and truthful under Article 8.2 - and is complete with all the documentation envisaged by Article 4.4, so that no further additional information or documentation from the Applicant/Designee is required; (v) the application also contains subscription - pursuant to Article 5 - to the Annual Plan or to the first year of the Three-Year Plan (renewals for the second and third year of the Three-Year Plan are excluded from “FastLEI” procedure and can only be made according to Article 5.2); (vi) payment of the charges due for the Service - which are envisaged by Attachment B, point 3 (“FastLEI”), and differ depending on the plan subscribed (One-Year Plan or Three-Year Plan) - is made by credit card; (vii) the application is timely and not multiple under Article 4.8; (viii) no impediment to issuance/renewal of a LEI Code - that may exist regardless of the “FastLEI” procedure (for example, application received from an entity already in possession of a LEI Code issued by another LOU) - is detected under the law, these General Conditions or the LEI Rules.

4.11 Any application filed pursuant to Article 4.9 that does not meet even one of the conditions set out by Article 4.10 - except for the condition under point (viii) above - will be managed through the procedure described in paragraphs 4.1 to 4.8 of Article 4 hereto and will be subject to the applicable economic terms, as indicated in Attachment B, point 1, “One-Year Plan” or point 2, “Three-Year Plan” depending on the circumstances.

4.12 If the Service is activated through the “FastLEI” procedure pursuant to Article 4.9, InfoCamere will also issue the LEI Certificate, as defined by Article 1 of these General Conditions.


Article 5. Duration, renewal and early termination of the LEI Code
5.1 The validity of the LEI Code, issued pursuant to the Article 4 above, lasts for one year from the date
of issue and is subject to annual renewal. The Applicant can choose to join the Service for a period of one
year ("One-Year Plan") or three years ("Three-Year Plan") as provided for in this article. This choice can be made directly by the Applicant or by the Designee, through the Web Portal, both in the issuance
phase and in the renewal phase of the LEI Code. Both in the case of the One-Year Plan and the Three-Year Plan the “FastLEI” procedure provided by Article 4.9 is allowed as long as the conditions set out by Article 4.10 are met.
5.2 Subscription to the Three-Year Plan is made by making advance payment of the total charges due for
a three-year period for the provision of the Service. In the case of a Three-Year Plan, the annual renewal
of the LEI Code for the second- and third-year terms happens automatically. However, in cases where the
Applicant is subject to the obligation to notify InfoCamere of any changes to the Reference Data and/or
the Parent Data pursuant to Article 9, the failure or delay of notifying InfoCamere of these changes may
prevent or delay the renewal of the LEI Code. In the latter case, the LEI Code will be “suspended” until
the application is completed and the duration of the Three-Year Plan subscription will not be subject to
any extension or deferral. Furthermore, in the event of a subscription to the Three-Year Plan, InfoCamere
will issue the LEI Certificate, as defined in Article 1 of these General Conditions.
5.3 Upon expiration of the One-Year Plan and the Three-Year Plan (expiration of the Three-Year Plan is
the end of the third-year term), renewal must be made in the manner indicated on the Web Portal, starting
from 60 days before the expiration date of the One-Year Plan and Three-Year Plan, respectively. In the
event of failure to renew a LEI Code promptly upon expiration of the One-Year Plan or the Three-Year
Plan, the expired LEI Code may still be reactivated, but only with effect from the date of acceptance of
the related renewal request. In any event, renewal is subject to the prior payment of the charges indicated
in the Price of Service Table, found in the specific information section of the Web Portal and in
Appendix B.
5.4 In compliance with the LEI Rules, the GLEIF (Global Legal Entity Identifier Foundation) or the
Applicant may at any time request the transfer of the management of an already assigned LEI code from
or to a LOU ("Local Operating Unit") other than InfoCamere (so-called "portability").
5.5 Early termination of a LEI Code is envisaged ex officio in the cases permitted by the LEI Rules (e.g.
termination of the legal entity to which the same LEI Code corresponds or loss by the Applicant of its
status as a relevant legal entity for the purposes of the LEI Rules) without any obligation to return the
sums paid by the Applicant pursuant to Article 6. The early termination of a LEI Code will also be
simultaneously published on the Web Portal, with basically the same procedural formalities as utilized
for the issue of a new LEI Code.
Article 6. Prices of the Service
6.1 For the use of the Service, and in particular for the issuance of each LEI Code, the Applicant is
required to pay the amounts indicated in the Price of Service Table found in the specific information
section of the Web Portal and in Appendix B, which specifies the charges to be paid for the One-Year
Plan and the Three-Year Plan, respectively, pursuant to Article 5, also in the case where the “FastLEI” procedure is requested under Article 4.9.
6.2 The Applicant acknowledges and accepts that InfoCamere may freely and at any time change the
amounts provided for in the Price of Service Table, found in the specific information section of the Web
Portal and in Appendix B or in any case the prices of the Service, giving adequate notice to users on the
Web Portal. Any changes made by InfoCamere pursuant to this paragraph will have effects on the
subscriptions to the One-Year Plans or to the Three-Year Plans made subsequent to the changes applied.
The Applicant also acknowledges and accepts that the aforementioned amounts are non-refundable. In
accordance with the LEI Rules, no fees will be payable by the Applicant for the portability of an already
assigned LEI Code from or to a LOU (“Local Operating Unit”) other than InfoCamere. Any other or additional regulations that may be envisaged by the LEI Rules shall not be affected.
Article 7. Method of billing and payments
7.1 The amounts due for the provision of the Service must be paid by the Applicant or by the Designee in
the manner indicated below:
(i) by the means of payment made available by InfoCamere, provided that in case of “FastLEI” procedure article 4.10 shall apply;
(ii) in the case of applications for high volumes through a Designee: with the methods agreed by
InfoCamere and the Designee.
7.2 The billing methods are described in the online application form of the LEI Code and are compliant
with applicable laws. The aforementioned methods are also applicable in the case of multiple highvolume applications, unless otherwise agreed in writing by InfoCamere and the Designee.
Article 8. Representations and warranties, obligations and responsibilities of the Applicant and the
Designee
8.1 In consideration of the ownership by InfoCamere of the IT solutions functional to the provision of the
Service, the use of the Service by the Applicant and the Designee must be carried out in compliance with
the intellectual property rights of InfoCamere. In particular, it is forbidden to use (for example, on the
Applicant or Designee's website) any trademark or logo that appears on the Web Portal without the prior
written consent of InfoCamere.
8.2 The Applicant and the Designee, to the extent of their respective powers, are responsible for the
completeness, correctness and truthfulness of the data entered on the online application form and, in any
case, in the context of “LEI Code” issue/renewal procedure. In particular, the Applicant represents and
warrants: (i) to not already be in possession of a "LEI Code"; (ii) to be aware that the LEI Rules are
based on the principles of uniqueness and exclusivity of the "LEI Code" and therefore not to have
submitted an application for the issuance of a "LEI Code" to other parties authorized to issue such codes;
(iii) in the event of a request for the "LEI Code" through a Designee, that no other delegations of
authority have been granted to apply for the "LEI Code".
8.3 The Applicant or the Designee undertakes to refrain from any violation of systems and network
security that may give rise to civil and criminal liability including introducing/sending programs (e.g.
viruses, Trojan horses, etc.) that compromise the functioning of the InfoCamere network by violating its
security.
8.4 The Applicant and the Designee, to the extent of their respective powers, shall hold InfoCamere
harmless and indemnified from any third party claim or prejudicial consequence that may in any case
arise against InfoCamere as a result of the violation by the Applicant and/or the Designee of the
obligations set out in the Agreement, with particular reference to the obligations of promptly
communicating Reference Data and Parent Data and related changes.
Article 9. Statements and commitments of the Applicant with particular reference to the
"Reference Data" and the "Parent Data"
9.1 The Applicant undertakes to constantly monitor its Reference Data and to promptly give notice to
InfoCamere of any variation of the same or, in any case, of any data or circumstance that may have an
influence on its "LEI Code".
9.2 Each Applicant acknowledges and accepts that: (i) by signing this Agreement, the Applicant grants
InfoCamere, in its capacity as a LOU, a non-exclusive, irrevocable and unlimited license to use the
Reference Data; (ii) InfoCamere may modify the Reference Data if it verifies its incorrectness and/or
non-compliance with legal requirements and/or the LEI Rules and/or any data available on applicable
public registers; (iii) the LEI Rules stipulate a specific regulation for the Reference Data, including a
specific procedure for disputing the Reference Data (and the relevant LEI Code), which provides for the
audit of the interested parties and which may lead to the modification of the Reference Data (and of the
relevant LEI Code) should it be incorrect; (iv) when the Applicant is a Branch Office, its Reference Data
must contain an express reference to the legal nature of the owning company.
9.3 The Applicant acknowledges and accepts that the LEI Rules envisage that the LOU be granted access
to the Parent Data - as defined in Article 1 and detailed in the LEI Code application form- and agrees to
provide the Parent Data, if and to the extent applicable, truthfully, completely and correctly (and to
provide documentation attesting to the correctness of the Parent Data, such as consolidated financial
statements). The Applicant expressly acknowledges that failure or incomplete provision of the Parent
Data (and related reference documentation) or failure to indicate the reason why it is not possible to
provide the Parent Data may be grounds to deny the issuance of the LEI Code. The Applicant also agrees
to request the entity/entities which directly and/or indirectly control(s) the Applicant to submit an
application for the issuance of a LEI Code, if they do not already have one.
9.4 The Applicant shall constantly monitor its Parent Data and shall promptly communicate any
changes thereof which may have an actual or potential influence on the LEI Code and/or the Reference
Data, expressly acknowledging that failure to update the Parent Data may be grounds to deny the renewal
of the LEI Code. Finally, the Applicant acknowledges and accepts that, in the cases established by the
LEI Rules, InfoCamere may integrate/modify the Parent Data should it ascertain its incorrectness and/or
non-compliance with legal requirements and/or the LEI Rules.
9.5 The Applicant that is a Branch Office undertakes to promptly notify InfoCamere with any change
relating to the owning company (e.g. its termination or cancellation from applicable registers) and to the
LEI Code of the aforementioned company (e.g. non-renewal), expressly acknowledging that, according
to the LEI Rules, the issue, renewal and maintenance of a Branch Office’s LEI Code is subject to the
existence of the owning company and to the possession of a LEI code by the owning company itself.
Article 10. Obligations and responsibilities of InfoCamere
10.1 InfoCamere agrees to diligently carry out the activities for which it is responsible, ensuring access
to the Web Portal Service from 8:00 am to 9:00 pm every Business Day and on Saturday from 08:00
am to 2:00 pm (the times indicated above refer to the Central European time zone) and during any other
hours that may be notified by InfoCamere on its Web Portal. In any event, InfoCamere's exclusion of
liability due to force majeure or for causes not attributable to InfoCamere in accordance with the law and
these General Terms and Conditions remains unaffected.
10.2 Except in cases of willful misconduct or gross negligence, InfoCamere is solely liable for damages
that are a direct and immediate consequence of its conduct.
10.3 InfoCamere will not be liable, among other things, for delays, malfunctions, suspension and/or
interruptions of the Service caused, directly or indirectly, by:
a) special maintenance or repair operations on the Web Portal;
b) force majeure (or any unforeseeable circumstance and in any case beyond the reasonable control of
InfoCamere such as, by way of example but not limited to, acts of public authorities, uprisings or civil
unrest, strikes, lockouts or other trade union disputes, blocks or embargoes, interruptions in the supply of
electricity, floods, natural disasters, epidemics) or even partially unforeseeable circumstances;
c) malfunction or breakdown, failure to update or improper installation and/or configuration of the
equipment and IT systems used by the Applicant and/or Designee.
d) interruption or malfunction of the telephone/Internet network.
Article 11. Changes to the Agreement and/or the Service
The Applicant acknowledges and accepts that, in order to comply with any changes to the LEI Rules
(including instructions from the GLEIF Foundation - "Global Legal Entity Identifier Foundation"), and in
any case with laws, regulations, public authority measures and/or for unforeseeable needs, including of a
technical nature, it will be possible for InfoCamere to change, freely and at any time, this Agreement
and/or its Appendices, as well as the features and methods of providing the Service, including the Web
Portal.
Article 12. Suspension of the Service
InfoCamere may temporarily suspend the provision of the Service for reasons of a technical nature, or for
reasons of force majeure or, for even partially unforeseeable circumstances, providing, when possible,
notice via the Web Portal.
Article 13. Duration of the Agreement. Withdrawal and termination for non-fulfillment
13.1 This Agreement is of one-year or three-year duration, depending on the choice made by the
Applicant or the Designee to subscribe to the One-Year Plan or the Three-Year Plan, respectively, pursuant
to Article 5.
13.2 The Applicant may withdraw from the Agreement at any time and without notice, by requesting the
transfer of the management of a LEI Code already assigned to another LOU pursuant to Article 5.4.
InfoCamere may withdraw from the Agreement at any time in the event that, for any reason, InfoCamere
ceases to be a LOU (“Local Operating Unit”) or in any case to carry out the related LEI Code issuance
service.
13.3 In the event of non-fulfilment by the Applicant and/or the Designee of any of the provisions referred
to in articles 8 and 9, InfoCamere will have the right to terminate this Agreement, subject to prior notice
of default to the Applicant in accordance with the law.
Article 14. Communications
14.1 Any written communication from the Applicant or the Designee to InfoCamere relating to the
Agreement and/or the Service shall be sent via e-mail to the address published by InfoCamere on the
Web Portal.
14.2 Any communication from InfoCamere to the Applicant or to the Designee will be made available
through the channel indicated by the Applicant when submitting the application (for example: contact
email) or, in the case of multiple high-volume applications, with the methods agreed to in writing by
InfoCamere and the Designee.
Article 15. Privacy Policy
15.1 In relation to the processing of personal data provided by the Applicant and/or Designee when
requesting the Service, InfoCamere will operate in compliance with the provisions of the General
Regulation on the protection of personal data (EU Reg. 2016/679) and the Italian Privacy Code
(Legislative Decree no. 196/2003 and subsequent amendments).
15.2 The "Privacy Policy" document referred to in Appendix C constitutes an integral part of these
General Terms and Conditions..
Article 16. Governing law
These General Terms and Conditions and the activities regulated thereby are governed by and construed in
accordance with the laws of Italy.
Article 17. Dispute resolution
Any dispute that may arise between the parties out of and/or in connection with these General Terms and
Conditions and in particular any dispute relating to the validity, interpretation, performance and
termination of these General Terms and Conditions shall be deferred to the exclusive jurisdiction of the
Court of Rome (Italy).
Article 18. Appendices
The following appendices form an integral and substantial part of these General Terms and Conditions,
which the Applicant declares to have expressly read and accepted:
Appendix A - Delegation of Authority Form
Appendix B - Price of Service Table
Appendix C - Privacy Policy

Article 19. Language
English is the official language of these General Terms and Conditions; any translation is for reference purposes only. As a result, in case of discrepancy between the English version and other language versions, the English version shall prevail.



Appendix C
Privacy Policy
Information notice pursuant to Articles 13 and 14 of the General Regulation on the Protection
of Personal Data (EU Reg. 2016/679)
Pursuant to Articles 13 and 14 of EU Reg. no. 2016/679 (hereinafter "GDPR"), the following
information notice is provided in connection with the personal data entered by the Applicant and/or
the Designee in the online application form for the Service and/or in any Delegation of Authority
Form (Appendix A) (the terms in capital letters have the meaning attributed to them in Article 1 -
Definitions of the General Terms and Conditions - to which this Information notice is attached).
? Data Controller
InfoCamere SCpA (www.infocamere.it) is the Data Controller of the personal data that the
Applicant and/or the Designee enters in the online application form for the Service and of any
further personal data communicated to InfoCamere in the context of the Service referred to in the
General Terms and Conditions (hereinafter the "Data").
- Purpose of data processing and legal basis
The Data is processed by InfoCamere to allow the fulfillment of the Agreement as well as the
performance of all the relevant services and obligations (e.g. e-mail or telephone communications
relating to expiration of the LEI Code), according to the LEI Rules, and also for the purpose of
sending the invoice to the e-mail address provided in the context of the Service.
The legal basis of the processing is set out in Article 6, paragraph 1, letter b) of the GDPR, as the
processing of data is necessary for the fulfillment of an agreement of which the data subject is party
or for compliance with pre-contractual measures adopted at the request of the data subject.
- Methods of data processing and storage
The Data are processed using automated tools for the purposes indicated above, through the use of
adequate technical and organizational means, capable of ensuring, in compliance with current
legislation on the protection of personal data, the confidentiality and security of the personal data
provided and prevent illegal or unauthorized access.
The Data are stored on paper and/or computerized media to which only employees and collaborators
authorized to process the data have access, after having signed confidentiality agreements.
The Data are processed for the entire duration of the Agreement and are subsequently kept for the
time strictly necessary for the fulfillment of relevant tax obligations as well as for the fulfillment of
the obligations arising out from LEI Rules. Subject to the adoption of adequate protection
measures, the Data may also be stored for the purpose of protecting the Data Controller (e.g. in case
of disputes).
The provision of the Data is necessary in order to sign and perform the Agreement.
The Data may be communicated by InfoCamere to legal authorities in the event of an express
request, in accordance with applicable laws.
- Parties to whom the data may be disclosed
The Data may be transmitted to controlled, controlling or affiliated companies or entities in order to
carry out some of the services connected or instrumental to the Service (such as to provide support
and assistance to the User), as well as to other companies or entities that perform the function of
LOU (Local Operating Unit) or that in any case belong to the LEI (Legal Entity Identifier) system
in order to ensure the principle of uniqueness of the LEI Code assigned to each Legal Entity as
established under the relevant regulations. When necessary pursuant to Article 28 of EU Reg.
2016/679, the parties to whom the Data are transmitted are previously designated as external data processors. The Data will not be distributed or communicated to third parties, outside the specific
regulatory provisions.
- Further data processing purposes and legal basis
With the explicit and specific consent of the Applicant and/or the Designee, the Data can also be
processed:
i) for the production of statistics and market research by InfoCamere;
ii) for the communication and/or sending, by e-mail and telephone, of information and/or
promotional material by InfoCamere relating to services aimed at the digitization of businesses. In
particular, services similar to those covered by this Agreement may be offered.
In this case, the legal basis of the processing is set out in Article 6, paragraph 1, letter a) of the
GDPR, as the interested party has given consent to the processing of his/her personal data for one or
more specific purposes.
- Rights of the Data Subject
The data subject may, at any time, exercise the rights of access to personal data and the other rights
provided for by Articles 15 and following of the GDPR, in order to obtain confirmation of the
existence of data concerning him/her as well as to access, correct, delete, or limit the processing of
the data, or to oppose their processing for legitimate reasons or to request their transfer, by
addressing a specific request to the Data Controller, by e-mail to the address:
contatti@infocamere.it or by registered mail with return receipt to InfoCamere SCpA, with
registered office in Via G.B. Morgagni 13, 00161 Rome.
The data subject who alleges that the processing of his/her personal data has been carried out in
violation of applicable law provisions on the protection of personal data, has the right to lodge a
complaint with the Italian Data Protection Authority as well as to start legal proceedings according
to applicable law provisions.
- Data Protection Officer
The Data Controller has appointed the Data Protection Officer. It is possible to contact the Data
Protection Officer by e-mail at the address: rpd@infocamere.it

ISSUANCE AND MANAGEMENT OF "LEI CERTIFICATES" – GENERAL TERMS
AND CONDITIONS OF SERVICE

Article 1. Definitions
The following terms, in addition to the other definitions contained in these General Terms and
Conditions (hereinafter, for the sake of brevity, also the "Agreement"), will have, both in the
singular and in the plural, the following meaning:
“Business day": means any day of the week from Monday to Friday that is not included among the
"Holidays";
“Holidays”: the days January 1st, Easter Monday, May 1st, December 25th and December 26th;
"InfoCamere": the joint stock IT consortium company of the Chambers of Commerce, with
registered office Via G.B. Morgagni 13, 00161 Rome (Italy) which provides - in addition to the IT
issuance and management service of the LEI Code as a LOU (“Local Operating Unit”) duly
accredited according to the LEI Rules - the ancillary service of issuing LEI Certificates governed by
this Agreement;
"Legal Entity": indicates the company or any other legal entity other than the natural person who,
regardless of its legal form, has the legitimacy to be the holder of rights and obligations in its
relevant jurisdiction;
"LEI": the acronym for "Legal Entity Identifier";
“LEI certificate”: indicates the document in digital format showing the possession of a LEI Code by a Legal Entity and which can be requested by the User, in the manner and under the
conditions set out in the Agreement;
"LEI code": indicates the unique and universal identifier for the identification of legal entities
engaged in financial transactions, consisting of an alphanumeric code of 20 characters, processed
according to the rules of the International Organization for Standardization (ISO 17442: 2020) and
the LEI Rules;
"LEI Rules" indicates the rules of the International Organization for Standardization (and in
particular ISO 17442: 2020), the "Global LEI System High Level Principles and Financial Stability
Board recommendations "shared by the G20 at the Los Cabos (Mexico) summit in June 2012 and
the "Global Regulatory Oversight Committee Charter", together with any norm, rule,
recommendation or regulation otherwise referred to as issued or being issued by the supranational
bodies entrusted with the power to manage the global LEI system and in particular the "GLEIF" or
The "Global Legal Entity Identifier Foundation", the "FSB" or "Financial Stability Board", the
"ROC" or "Regulatory Oversight Committee" and the "COU" or "Central Operating Unit";
“User”: indicates the company or any other legal entity other than a natural person with seat in the
territory of one of the countries in which InfoCamere is duly accredited to provide the service for
issuing and managing LEI Codes as a LOU (“Local Operating Unit”) according to the LEI Rules,
which requests InfoCamere to use the Service.
"Service": indicates the issuing and management service of LEI certificates.
“Web portal”: https://id-lei.com/.
Article 2. Subject
The subject of the Agreement is the provision of the LEI Certificate issuing and management
service by InfoCamere.
Article 3. Request for the LEI Certificate and its duration
3.1. When submitting an application for activation or renewal of a LEI Code, the User may request
the issuance of a LEI Certificate relating to its own LEI Code through the specific procedure
available on the Web Portal. InfoCamere is unable to issue LEI Certificates if the application for
activation or renewal of a LEI Code is denied for any reason.
3.2. The User acknowledges that, according to the LEI Rules, the LEI Code has a duration of one
year, subject to annual renewal.
3.3. The User acknowledges that, based on “Issuance and management of LEI Codes – General
Terms and Conditions of Service” , applicable to the LEI User, the LEI User may choose to
subscribe to the LEI Code issuing and management service for a period of one year ("One-Year
Plan") or three years ("Three-Year Plan"), without prejudice to the annual duration of the LEI
Code. The User therefore acknowledges that: (i) in case of subscription to the One-Year Plan, it
may request the LEI Certificate when applying for activation or renewal of the LEI Code; (ii) in
case of subscription to the Three-Year Plan, the LEI Certificate is automatically issued to the LEI
User, following the activation or annual renewal of the LEI Code; (iii) in any case, the LEI
Certificate relating to its own LEI Code will have the duration envisaged in Article 3.2.
above.
Article 4. Content of the LEI Certificate
4.1. The LEI Certificate contains the main information associated with the LEI Code to which it
refers (name and identification number of the Legal Entity; LEI Code; status of the LEI Code -
"active" or "expired" - and expiration date; relevant jurisdiction) and the date of issuance of the
Certificate. There is also a two-dimensional barcode (“QR Code”) on the LEI Certificate, which
makes it possible to check the status of the LEI Code (“active” or “expired”) in real time.
4.2. The User acknowledges and accepts that the LEI Certificate is for informative and not for
certification purposes.
Article 5. Prices of the Service
5.1. For the use of the Service, and in particular for the issuance of each LEI Certificate, the User is
required to pay the amount indicated in the Price of Service Table found in the specific information
section of the Web Portal and in Appendix A. The User acknowledges and accepts that InfoCamere may
freely and at any time change the aforementioned amount or in any event the prices of the Service, giving
adequate notice to Users on the Web Portal.
5.2. Payment must be made by the User using the payment instruments made available by InfoCamere.
5.3. The billing methods are described in the online application form of the LEI Code and are based on
applicable laws.
Article 6. Statements and warranties, obligations and responsibilities of the User
6.1. In consideration of the ownership by InfoCamere of the IT solutions functional to the provision of
the Service, the use of the Service by the User must be carried out in compliance with the intellectual
property rights of InfoCamere. In particular, it is forbidden to use (for example, on the User's website)
any trademark or logo that appears on the Web Portal without the prior written consent of InfoCamere.
6.2. The User is responsible for the completeness, correctness and truthfulness of the data communicated
to InfoCamere in the context of LEI Code issuance/renewal procedure as well as for updating such data
in accordance with the provisions of “Issuance and management of LEI Codes – General Terms and
Conditions of Service” . The User also acknowledges that the information contained in the LEI
Certificate relating to its own LEI Code is based on the aforementioned data. The User therefore
undertakes to hold InfoCamere harmless and indemnified from any prejudicial consequence that may
arise to third parties as a result of the incompleteness, erroneousness, or failure to update the data
communicated.
6.3. The User undertakes to refrain from any violation of systems and network security that may give
rise to civil and criminal liability including introducing/sending programs (e.g. viruses, Trojan horses,
etc.) that compromise the functioning of the InfoCamere network by violating its security.
6.4. The User must hold InfoCamere harmless and indemnified from any third party claim or prejudicial
consequence that may in any case arise against InfoCamere as a result of the User's breach of the
obligations set out in this Agreement or in any case from the improper use of the LEI Certificate.
Article 7. Obligations and responsibilities of InfoCamere
7.1. InfoCamere agrees to diligently carry out the activities for which it is responsible, ensuring
access to the Web Portal Service from 8:00 am to 9:00 pm every Business Day and on Saturday
from 08:00 am to 2:00 pm (the times indicated above refer to the Central European time zone) and
during any other hours that may be notified by InfoCamere on its Web Portal, except for reasons
due to force majeure or for causes not attributable to InfoCamere.
7.2. Except in cases of willful misconduct or gross negligence, InfoCamere is solely liable for
damages that are a direct and immediate consequence of its conduct.
7.3. InfoCamere will not be liable, among other things, for delays, malfunctions, suspension and/or
interruptions of the Service caused, directly or indirectly, by:
a) special maintenance or repair operations on the Web Portal;
b) force majeure (or any unforeseeable circumstance and in any case beyond the reasonable control
of InfoCamere such as, by way of example but not limited to, acts of public authorities, uprisings or
civil unrest, strikes, lockouts or other trade union disputes, blocks or embargoes, interruptions in the
supply of electricity, floods, natural disasters, epidemics) or even partially unforeseeable
circumstances;
c) malfunction or breakdown, failure to update or improper installation and/or configuration of the
equipment and IT systems used by the User.
d) interruption or malfunction of the telephone/Internet network.
Article 8. Changes to the Agreement and/or the Service
The User acknowledges and accepts that, in order to comply with any changes to the LEI Rules
(including instructions from the GLEIF Foundation - "Global Legal Entity Identifier Foundation"),
and in any case with laws, regulations, public authority measures and/or for unforeseeable needs, including of a technical nature, it will be possible for InfoCamere to change, freely and at any time,
this Agreement and/or its Appendices, as well as the features and methods of providing the Service,
including the Web Portal.
Article 9. Suspension of the Service
InfoCamere may temporarily suspend the provision of the Service for reasons of a technical nature,
or for reasons of force majeure or, for even partially unforseeable circumstances, providing, when
possible, notice via the Web Portal.
Article 10. Duration of the Agreement. Withdrawal and termination for non-fulfillment
10.1. This Agreement has a duration corresponding to the validity of the LEI Certificate pursuant to
Article 3.
10.2. InfoCamere may withdraw from the Agreement at any time in the event that, for any reason,
InfoCamere ceases to be a LOU (“Local Operating Unit”) or in any case to carry out the related LEI
Code issuance service.
10.3. In case of non-fulfillment by the User of any of the provisions referred to in Article 6,
InfoCamere will have the right to terminate this Agreement, subject to prior notice of default to the
User in accordance with the law.
Article 11. Communications

11.1. Any written communication from the User to InfoCamere relating to the Agreement and/or the
Service shall be sent via e-mail to the address published by InfoCamere on the Web Portal.
11.2. Any communication from InfoCamere will be made available through the channel indicated
by the User when submitting the application (for example: contact e-mail).
Article 12. Privacy Policy
12.1. In relation to the processing of personal data provided by the User when requesting the
Service, InfoCamere will operate in compliance with the provisions of the General Regulation on
the protection of personal data (EU Reg. 2016/679) and the Italian Privacy Code (Legislative
Decree no. 196/2003 and subsequent amendments).
12.2 The "Privacy Policy" document referred to in Appendix A constitutes an integral part of the
Agreement.
Article 13. Governing Law
The Agreement and the activities regulated by it are governed by and construed in accordance with
the laws of Italy.
Article 14. Dispute resolution
14.1. Any dispute that may arise between the parties out of and/or in connection with the
Agreement and in particular any dispute relating to the validity, interpretation, performance and
termination of the Agreement shall be deferred to the exclusive jurisdiction of the Court of Rome
(Italy).
Article 15. Appendices
The following appendices form an integral and substantial part of the Agreement, which the User
declares to have expressly viewed and accepted:
Appendix A - Prices of the Service
Appendix B - Privacy Policy

Article 16. Language

English is the official language of these General Terms and Conditions; any translation is for reference purposes only. As a result, in case of discrepancy between the English version and other language versions, the English version shall prevail.


Appendix B
Privacy Policy
Information notice pursuant to Articles 13 and 14 of the General Regulation on the Protection
of Personal Data (EU Reg. 2016/679)
Pursuant to Articles 13 and 14 of EU Reg. no. 2016/679 (hereinafter "GDPR"), the following
information notice is provided in connection with the personal data entered by the User in the online
application form for the Service (the terms in capital letters have the meaning attributed to them in
Article 1 of the Agreement to which this Information notice is attached).
- Data Controller
InfoCamere SCpA (www.infocamere.it) is the Data Controller of the personal data that the User
enters in the online application form for the Service and of any further personal data communicated
to InfoCamere in the context of the Service referred to in the Agreement (hereinafter the "Data").
- Purpose of data processing and legal basis
The Data is processed by InfoCamere to allow the fulfillment of the Agreement as well as the
performance of all the relevant services and obligations, according to the LEI Rules, and also for the
purpose of sending the invoice to the e-mail address provided in the context of the Service.
The legal basis of the processing is set out in Article 6, paragraph 1, letter b) of the GDPR, as the
processing of data is necessary for the fulfillment of an agreement of which the data subject is party
or for compliance with pre-contractual measures adopted at the request of the data subject.
- Methods of data processing and storage
The Data are processed using automated tools for the purposes indicated above, through the use of
adequate technical and organizational means, capable of ensuring, in compliance with current
legislation on the protection of personal data, the confidentiality and security of the personal data
provided and prevent illegal or unauthorized access.
The Data are stored on paper and/or computerized media to which only employees and
collaborators authorized to process the data have access, after having signed confidentiality
agreements
The Data are processed for the entire duration of the Agreement and are subsequently kept for the
time strictly necessary for the fulfillment of relevant tax obligations as well as for the fulfillment of
the obligations arising out from LEI Rules. Subject to the adoption of adequate protection measures,
they may also be stored for the purpose of protecting of the Data Controller (e.g. in case of
disputes).
The provision of the Data is necessary for signing and performing the Agreement.
The Data may be communicated by InfoCamere to legal authorities in the event of an express
request, in accordance with applicable laws.
- Parties to whom the data may be disclosed
The Data may be transmitted to controlled, controlling or affiliated companies or entities in order
to carry out some of the services connected or instrumental to the Service (such as to provide
support and assistance to the User), as well as to other companies or entities that perform the
function of LOU (Local Operating Unit) or that in any case belong to the LEI (Legal Entity
Identifier) system in order to ensure the principle of uniqueness of the LEI Code assigned to each
Legal Entity as established under the relevant regulations. When necessary pursuant to Article 28 of
EU Reg. 2016/679, the parties to whom the Data are transmitted are previously designated as
external data processors. The Data will not be distributed or communicated to third parties, outside
the specific regulatory provisions.

- Further data processing purposes and legal basis
With the explicit and specific consent of the User, the Data can also be processed:
i) for the production of statistics and market research by InfoCamere;
ii) for the communication and/or sending, by e-mail and telephone, of information and/or
promotional material by InfoCamere relating to services aimed at the digitization of businesses. In
particular, services similar to those covered by this Agreement may be offered.
In this case, the legal basis of the processing is set out in Article 6, paragraph 1, letter a) of the
GDPR, as the interested party has given consent to the processing of his/her personal data for one or
more specific purposes.
- Rights of the Data Subject
The data subject may, at any time, exercise the rights of access to personal data and the other rights
provided for by Articles 15 and following of the GDPR, in order to obtain confirmation of the
existence of data concerning him/her as well as to access, correct, delete, or limit the processing of
the data, or to oppose their processing for legitimate reasons or to request their transfer, by
addressing a specific request to the Data Controller, by e-mail to the address:
contatti@infocamere.it or by registered mail with return receipt to InfoCamere SCpA, with
registered office in Via G.B. Morgagni 13, 00161 Rome.
The data subject who alleges that the processing of his/her personal data has been carried out in
violation of applicable law provisions on the protection of personal data, has the right to lodge a
complaint with the Italian Data Protection Authority as well as to start legal proceedings according
to applicable law provisions.
- Data Protection Officer
The Data Controller has appointed the Data Protection Officer. It is possible to contact the Data
Protection Officer by e-mail at the address: rpd@infocamere.it

The Applicant declares to have read and expressly accept, pursuant to Articles 1341 and 1342 of the Italian Civil Code, the following provisions of the Issuance and management of "LEI Codes" - General Terms and Conditions: Article 4. Application for and issuance of the LEI Code; Article 5. Duration, renewal and early termination of the LEI Code; Article 6. Prices of the Service; Article 8. Representations and warranties, obligations and responsibilities of the Applicant and the Designee; Article 9. Statements and commitments of the Applicant with particular reference to the "Reference Data" and the "Parent Data"; Article 10. Obligations and responsibilities of InfoCamere; Article 11. Changes to the Agreement and/or the Service; Article 12. Suspension of the Service; Article 13. Duration of the Agreement. Withdrawal and termination for nonfulfillment; Article 17. Dispute resolution.

The User declares to have read and expressly accept, pursuant to Art. 1341 and 1342 of the Italian Civil Code, the following provisions of the Issuance and management of "LEI Certificates" - General Terms and Conditions: Article 3. Request for the LEI Certificate and its duration; Article 5. Prices of the Service; Article 6. Statements and warranties, obligations and responsibilities of the User; Article 7. Obligations and responsibilities of InfoCamere; Article 8. Changes to the Agreement and/or the Service; Article 9. Suspension of the Service; Article 10. Duration of the Agreement. Withdrawal and termination for non-fulfillment; Article 14. Dispute resolution.