1. Recruitment: The rental of telescopic cranes, truck-mounted elevating work platforms, truck-mounted under-bridge inspection platforms, crane lorries, telescopic spider mini-cranes and concrete placing boom pumps (hereinafter referred to as “Machinery” or “Machines”) shall be subject to these General Conditions of Contract. Any special condition shall necessarily require the express agreement of the parties.

2. Personnel and management: The machinery shall be hired out without an operator, unless expressly agreed otherwise. The machinery may be operated solely by personnel designated by the hiring company. The direction, control and responsibility of the manoeuvres, during the execution of the work or provision of the service, shall always lie with the client or hirer of the machinery, unless expressly agreed otherwise.

3. Insured risks: The Customer is aware of and accepts the terms and coverages stipulated in the Policies previously taken out by the Rental Company, as a guarantee against any eventual damage, direct or indirect, that may arise from any cause whatsoever throughout the duration of the agreed works or services. Any excess damage or risks not covered under such policies shall not be attributable to the Lessor, and consequently they shall only be insured upon the express request of the Customer and at the Customer's expense.

4. Insurance conditions: Transgruma S.A. has public liability insurance with coverage of €6,000,000 for any damage that may be caused to a third party as a result of its business operations. This insurance has a sub-limit for goods handled with lifting equipment of €300,000. Transgruma S.A. has goods in transit insurance with coverage of €300,000 for transported goods. Transgruma S.A. has insurance for the storage of goods, with first-loss coverage of €30,000, once the goods are stored on its premises.

Transgruma S.A. accepts no liability for any damage that may be sustained by handled, transported or stored goods exceeding the limits indicated above. In order for the excess value of the goods to be lifted, transported and/or stored to be covered by the insurance company, it shall be mandatory to notify Transgruma S.A. in writing of the type of goods and their total value prior to the performance of the service, in order to take out the corresponding insurance extension endorsement.

The processing of insurance coverage extensions exceeding the previously referenced limits will entail a processing fee of €300 in addition to the amount of the extension and the corresponding taxes.

5. Limitation of liability: No compensation may be claimed from the Landlord for loss of enjoyment, whatever the cause, delays, accidents, strikes or force majeure.

6. Precautions: The contracting parties agree to carry out all work with absolute compliance with the precautionary and safety measures stipulated in current legislation. To prevent potential accidents, the Client or Hirer shall prevent unauthorised persons from being present in areas close to the machinery. When the client orders any manoeuvre using any tool or accessory belonging to them, the Hirer shall not be responsible for any damage or flaws that may arise from the breakage or poor condition of the same.

7. Site: The machinery shall be located at the site or sites designated when contracting the works, and may not be moved without the express consent of the hiring company. The customer or lessee must guarantee the condition of the ground to withstand the weight of

the Machinery and its load, and shall be directly liable for any damage or injury that may arise from faults in the base, ground, fixings, tracks or structures used to support the Machinery and its corresponding load. The Customer is obliged to provide the Lessor with accurate details regarding the weights, dimensions and value of the goods to be handled. Any omissions or misrepresentations in this regard shall exempt the Lessor from all liability, whether direct or indirect, for any damage that may be caused as a result of the incident, including damage to the Machinery itself.

8. Duration: The rental period begins from the moment the machine leaves the depot or base where it is located. The rental ends after the contracted work is completed, at the moment the respective machines are delivered to the usual bases.

9. Legal provisions: The Customer or Lessee shall, throughout the entire duration of the contract, ensure the actual compliance with the legal or regulatory provisions stipulated regarding the work or services performed, rectifying any irregularities directly attributable to them, as well as immediately notifying the Lessor so that the Lessor may resolve any that may eventually correspond to them.

10. Assignment or subletting: The Customer or Lessee shall not sublet or transfer the Machinery, in whole or in part, to a third party. This provision may only be amended by prior and formal agreement between the parties.

11. Machine replacement rights: The hirer, throughout the entire duration of the contracted work or service and while maintaining the agreed standards, reserves the right to replace any machine, substituting it with one or more machines capable of carrying out the agreed work, with the expenses resulting from the change or new location being borne by them.

12. Services and current prices: In consideration for the works, the Hirer shall apply the General Service Rules and the Current Prices.

13. Jurisdiction: The parties, by mutual agreement and expressly waiving any other jurisdiction to which they might otherwise be entitled, submit to the jurisdiction of the courts and tribunals of the city of Madrid.

GENERAL TERMS AND CONDITIONS OF SALE.

The General Conditions of Contract of the rental company shall apply to all contractual relations with its customers.

IMPORTANT NOTE: In accordance with ITC-MIE-AEM-4, relating to self-propelled mobile cranes, approved by Royal Decree 837/2003 of 27 June, the user company of the mobile cranes shall have the following obligations, without the hire company acquiring any responsibility therefor:

a) The choice of the crane of the appropriate capacity for the services requested.

b) The appointment of the manoeuvre commander, responsible for the supervision and direction of the manoeuvre.

c) The removal of hazards involving risks, including high and low-voltage power lines with bare conductors, or, if their removal is impossible, the taking of appropriate measures.

d) Verification that the ground on which the crane is to operate and travel has sufficient bearing capacity.

e) Execute the slinging and signalling techniques and tasks with properly trained personnel.