PROLEC ELECTRICAL (PTY) LTD INTELLECTUAL PROPERTY POLICY

1. DEFINITION

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

1.2. “ProLec” refers to Pro Lec Electrical (PTY) Ltd

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

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

2. PURPOSE OF INTELLECTUAL PROPERTY

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

3. COPYRIGHT

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

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

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

3.1.3. All papers published under ProLec.

4. LEGAL RIGHTS

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

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

5. ONGOING MONITORING

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

6. POLICY APPROVAL

6.1. The Board has approved this policy on 20 February 2022, and it will be reviewed periodically.