Bidder Agreement Colombia Land of Diversity 2026

Your participation in the Auction indicates your review of, and acceptance to, the following Rules, Terms, and Conditions of the Auction of “Colombia Land of Diversity” Contest.

INTRODUCTION

The 11th National Coffee Quality Contest, “Colombia Land of Diversity” is the Eleventh
national coffee quality competition organized by the Colombian Coffee Growers
Federation. This contest seeks to highlight the diversity of cup profiles that Colombia
has, positioning the country as one of the best specialty coffee producers.

In this version of the auction, bidding for the winning coffee lots may be done on-site
at the auction or remotely, through the platform available at
www.colombialandofdiversity.com. By registering to participate on this auction
platform, conducted by M Cultivo, all bidders expressly acknowledge that they have
read and understood the following terms and conditions of sale and agree to be
bound thereby.

Bidding for the winning coffee lots may only be done in the online auction, held the
16th of October of 2026 at 10:00 am Colombian time.

Acceptance of Terms By accessing the Site, you acknowledge that you have read,
understood, and agree to be bound by these Terms. If you do not agree to these
Terms, you are prohibited from using the Site and must discontinue use
immediately.

DEFINITIONS

As used in these Terms and Conditions, the following words have the meaning
set forth below:

1. ‘Auctioneer’ is the person designated by the seller of the auction who will have
   the final closing call of the final price of each lot auctioned.

2. Auction Platform
   Is the website (www.colombialandofdiversity.com) operated by M Cultivo for the
   purposes of facilitating the sale of coffee on behalf of the seller for the benefit of
   the buyer.
   2.1. Auction Platform Trading By M Cultivo

3. ‘Seller’ is the organization offering a lot or lots for sale in this auction operated
   by the auctioneer.

4. ‘Auction Lot’ or ‘Lot’: a specific weight of green coffee offered for sale and
   described on the page on this auction platform.

5. ‘Bidder’ is any person registering, participating, making or attempting to make
   a bid at an Auction Sale.

6. ‘Approved Bidder’: is any registered person that has been approved by the
   seller to participate or make a bid at an auction sale.

7. ‘Buyer’ is the person who makes the highest bid accepted by the auctioneer,
   including the principal of any Bidder acting as an agent.

8. ‘Final Price’ is the highest bid accepted by the auctioneer at the end of the
   auction.

9. ‘Buyer’s Expense’ means all costs or expenses payable by the Buyer in addition
   to the Purchase Price, in connection with the sale, such as applicable
   documentation, insurance, and shipping costs.

10. ‘Purchase Price’: is the sum of the Final Price plus any other logistics expenses
    to be applied.
    
    

REGISTRATION

1. Registrations should be made at least one hour prior to the day of the auction.

2. The bidder agrees to keep his account details strictly confidential and not to
   permit any third party to use or access his account on his behalf. The bidder will
   be liable for any and all bids made via his account.

3. The seller has the right at his absolute discretion to approve or refuse an
   application to bid on this auction, to withdraw the bidder’s permission to use the
   online auction platform, or terminate an online bidding account on this platform;
   for any reason, at any time prior to, during or after a sale.

4. Further information may be sought from the bidder over and above that
   submitted by the bidder prior to accepting their application to bid on this or any
   further auction operated on the auction platform.

5. The decision of the auctioneer in any case shall be final and absolute.

AUCTION TERMS

1. The auctioneer acts as the agent for both the buyer and seller.

2. The auctioneer seeks to facilitate the sale between the buyer and seller by
   promoting the coffee for sale by the seller to the buyer.

3. The auction will take place on the date specific on the auction platform.

4. Each bidder is solely responsible for understanding the starting date and time
   for the auction.

5. Each bidder is solely responsible for familiarizing with the platform before the
   auction date.

6. The seller reserves the right to withdraw from sale any of the items listed or to
   sell at this auction items not listed.

7. The auctioneer has the right at his absolute discretion to refuse any bid. The
   decision of the auctioneer shall be final and absolute.

8. Each approved bidder may make as many bids as they desire during the
   duration of the auction of each lot.

9. All bids received by the auctioneer are final and irrevocable.

10. If the buyer is the highest bidder and the online platform announces he has
    won the lot, the buyer is the new owner of that item.

11. All sales are final.

12. Any auction on the M Cultivo Auction Platform is a live auction and the
    bidder agrees that each bid submitted as provided in these terms and conditions
    is irrevocable and cannot be amended or corrected, even if submitted in error
    and notified to the seller.

13. The buyer of the auction lot will be purchasing the entire auction lot.
    
    THE BIDDING PROCESS
    
    Date: 16 th of October of 2026
    Time: 10:00 am Colombian time.
    
    All approved Bidders may bid at any time during the online auction. Only bidders
    who are registered in the auction are able to bid. The highest Bidder at the close
    of each lot will be declared the purchaser of that particular lot of coffee, subject to
    the opening price of US$6.00 per pound per lot.
    The minimal incremental bid is US$0.50 per pound. This increment could be
    subject to modification to lower ranges in order to give the auction better action.
    Bids, once accepted by the auction platform may not be revoked or withdrawn.
    Any subsequent higher bid, whether by the same bidder or another bidder shall
    effectively extinguish all prior lower bids.
    Each lot will be sold in total. The highest bidder irrevocably commits to purchase
    the entire lot and will be the financially responsible party for payment and
    logistics from

FOB Colombian port. All sales are final. This agreement and all of its terms
override any subsequent contracts pertaining to the allocated lot.

Any subsequent terms negotiated outside this agreement’s terms must be
mutually agreed upon by both parties in writing.

FNC is not responsible or liable for issues related to low internet connection,
communication delays or loss that may result in a situation that prevents the
remote users from sending a timely bid.

PURCHASING TERMS

Parties:

Seller/Exporter: Federación Nacional de Cafeteros de Colombia (FNC).
Buyer: Party who successfully makes the highest bid for each lot. The winning bid
(highest bid) becomes the buyer of the lot being auctioned.
Prices: All bids shall be expressed in U.S. Dollars per pound (US$/lb), outright price.
Final outright price will be determined by the highest bid for each lot.

Delivery/Shippment Terms:

Free on Board (FOB) - Colombian port.
Stuffing condition: LCL/FCL.
Shipment port: Seller’s option.
Other applicable services and fees to be agreed on a case-by-case basis.

Payment terms:

New FNC clients: Advance payment
Current FNC clients: As per current terms at the date of the auction.

Quality:

EXC MICROLOTES SC15 7F CURR 10%
EXC MICROLOTES SC15 7F CURR 10% E.V.
CAFE VERDE MICROLOTES
CAFE VERDE MICROLOTES E.V.

Approval:

All lots are pre-approved at the cupping session(s) prior to the auction.

Packaging:
Vacuum packaging: 24 kgs boxes with two 12kgs vacuum packages (included
in price).

Shipping:

Shipping Month: Dec 2026 – After all logistics, shipping details and payment terms
have been agreed and met by the FNC and the buyer. Partial shipments will not be
accepted.

Shipping instructions must be provided by the buyer no later than 10 business days
after the live auction to the FNC logistics team.

If buyer wants to consolidate the lot with a different exporter than the seller (FNC),
the lot must be paid in full before it is released. Any changes in shipping procedures
requested by the buyer may result in additional shipping, administrative and
documentation charges to their account.

If 30 days after the auction the buyer does not send the shipping instructions or pay
in advance, in the case of new FNC clients, the FNC will not be responsible of quality
loss.

Documents:

Bill of Landing (3x original)
ICO Certificate of origin
Commercial Invoice
Packing list
Weight certificate
Quality certificate
Farm information and traceability
Phytosanitary certificate (If required)

INTERNAL MARKET BIDDERS

If the winning bidder is based in Colombia, the entire winning lot will be delivered as
per the following conditions:
Payment in advance.
Invoice should be expressed in USD.

Payment to be made in COP as per the current exchange rate available at the
payment day. It is the buyer’s responsibility to announce the payment day to
the seller.
Delivery at Almacafé warehouse Bogotá (Soacha) – Km 14 Via Bogotá –
Girardot.

CONTACTS

China, Taiwan and Hong Kong
Titi Dai
E-mail: titi.dai@cafedecolombia.cn
Mobile: +86 186 2159 1232

Japan, South Korea and Australia:
Juan Sebastián Rivera
E-mail: juan.rivera@almacafe.com.co
Mobile: +57 300 558 91 95

Colombia:
Ronal Valero
E-mail: ronal.valero@cafedecolombia.com
Mobile: +57 321 308 34 23

Europe: Luis Miguel Maya Caviedes
E-mail: luis.maya@cafedecolombia.com
Mobile: + 31 6 29608535

North America:
Alejandra hernández
E-mail: alejandra.hernandez@cafedecolombia.com
Mobile: +57 312 698 83 76

Financial Responsibility The highest bidder at auction close is responsible for full
payment to the exporter for the entire lot. Once accepted, bids cannot be revoked. If
the producer or country partner declines a payment or shipping request, the
winning bidder remains liable for full payment.