13. Legal Notice

Please read carefully all of this legal notice and disclaimer. If you are unsure about your future actions, we recommend that you seek the advice of other experts, including law, finance, tax, etc.

1.LegalNotice

(a)As of the time of writing, this white paper was distributed for general reference purposes only in relation to the CLEBUS Project and may be reviewed and edited. Please note that this white paper reflects the latest information as of the date of the cover and is not the final version. After that date, the information described in this document, such as CLEBUS token business operation and financial condition, may change. This white paper may be updated on an occasional basis. (b) No one is obligated to enter into any contract or legally binding pledge in relation to the sale of CLEBUS Tokens (CLEBUS TOKEN) and shall accept or receive any funds based on this white paper. The sale of CLEBUS tokens is made through the CLEBUS platform, and related details will be announced separately from this white paper. (c) This white paper shall in no way be construed as CLEBUS token issuer/distributor/enterprise’s offer to sell or purchase tokens, and the presentation of this document or the document itself shall not serve as a basis for any contract or investment decision or shall not be relied upon. (d) CLEBUS tokens are not intended to constitute a unit of securities, business trusts or collective investment schemes, and each definition follows the definition set out in the equivalent regulations of the jurisdiction in which the business is located. Therefore, this white paper is not provided as a business plan, business prospectus, proposal, etc., and shall not be construed as an investment proposal or solicitation, such as securities, units of business trusts, units of collective investment plans, etc. in any jurisdiction. (e)CLEBUS tokens shall not be understood, interpreted, classified or treated as an opportunity for purchasers to participate in connection with the CLEBUS service or to receive return on investment/income/payment/profit or any portion thereof. (f) This document shall not, in whole or in part, be reproduced, distributed, or disseminated in a jurisdiction where the token issuance method specified in this white paper is regulated or prohibited. (g) If you wish to purchase CLEBUS Tokens, you shall not understand, interpret, classify or treat CLEBUS Tokens as follows: (1) currencies other than cryptocurrencies; (2) bonds and stocks issued by any institution; (3) rights, options, and derivatives for these bonds and stocks; (4) rights under contracts for difference and other contracts with the purpose of, or impersonating for the purpose of guaranteeing investment returns or avoiding losses; (5) units of securities such as collective investment plans, business trusts, or derivatives

2. Restrictions on distribution and dissemination

(a) Distribution or dissemination of this White Paper in whole or in part may be prohibited or restricted by the laws or regulatory requirements of any jurisdiction. If restrictions apply, you shall be aware of the restrictions that may be applied by possession of this white paper, seek legal advice, and comply with them, and the foundation, executives, employees, agents, and affiliates operating the CLEBUS project (hereinafter ‘affiliates' etc.) are not responsible for this. (b)If you have read or possess this white paper due to distribution and dissemination, you shall not, for any purpose, share this white paper or its contents with others, such as distribution, duplication, etc. in any other way nor allow or cause this to happen.

3. Exclusion of liability

(a) The related services provided by the CLEBUS Foundation and its affiliates are provided ‘as is’ and ‘as available’. It is stated that the CLEBUS Foundation and its affiliates do not make explicit/ implicit guarantees or representations about the accessibility, quality, suitability, accuracy, adequacy, completeness, etc. of CLEBUS tokens and related services, and assume no responsibility whatsoever for errors, delays, omissions in this regard or actions taken in reliance on them. CLEBUS WHITEPAPER (Report type of English) CLEBUS WHITEPAPER CLEBUS WHITEPAPER (Report type of English) (b)The CLEBUS Foundation and its affiliates do not represent, guarantee, promise or assert the authenticity, accuracy, or completeness to any entity or individual in any form, including the information contained in this white paper.. (c)The CLEBUS Foundation and its affiliates are not legally responsible for contractual or tortuous acts for any indirect, special, incidental, or consequential losses (including but not limited to loss of investment returns/income/profits, loss of utilization and data, etc.) in connection with your acceptance or reliance on all or part of this White Paper, which applies to the fullest extent permitted by applicable laws and regulations.

4. Warning Statement on Forward-Looking Statements

(a)Certain expressions specified in this white paper contain forward-looking statements about the future, future events, and prospects of the project. These contents are not statements based on historical facts, and are identified by expressions similar to words such as ‘predicted,’ ‘estimated,’ ‘belief,’ ‘expected,’ ‘forest’ and ‘scheduled’. In addition to this white paper, such forward-looking statements may also be included in other public materials such as presentations, interviews, videos. The forward-looking statements contained in this white paper include, but are not limited to, future results, performance, and achievements of CLEBUS Foundation and it affiliates. (b)Forward-looking statements include various risks and uncertainties. These statements do not guarantee future performance, and therefore you should not rely on them too much. When risks and uncertainties become reality, the actual performance and development of CLEBUS Foundation and its affiliates may be different from the expectations set by forward-looking statements. Even if these circumstances change in the future, CLEBUS Foundation and its affiliates are not obligated to provide updates on forward-looking statements. If you act on the basis of forward-looking statements contained in this white paper, CLEBUS Foundation and it affiliates' homepages and other materials, you are solely responsible for the non-realization of the forward-looking statements. (c) As of the date when this white paper was written, the CLEBUS Project is not completed nor fully operating. Although the explanation was written on the premise that the CLEBUS Project would be completed and be fully operating in the future, this should not be construed as a guarantee or promise for the completion and full operation of the CLEBUS Project.

5. Potential risk

(a)Before deciding to purchase and participate in CLEBUS tokens, we recommend that you read the following carefully and thoroughly analyze and understand the relevant factors and risks. Risks include, but are not limited to: (i) Risk of buyer negligence related to storage, such as restriction of access to CLEBUS token due to loss of identification information and loss of essential private key related to digital wallet storing CLEBUS tokens; (ii) Risk of change in value after issuance of CLEBUS tokens due to global market and economic conditions; (iii) Risks related to the CLEBUS Foundation’s failure to support the funds necessary for the development of the CLEBUS token ecosystem due to the uncertainty of the value of CLEBUS tokens or changes in the political, social and economic environment of CLEBUS tokens in the intended direction, changes in the stock or cryptocurrency market environment, changes in the regulatory environment in the countries in which the CLEBUS Foundation and its affiliates operate this business, and changes in the ability of the CLEBUS Foundation and its affiliates to survive or compete in this environment Certain jurisdictions may apply existing/new regulations related to blockchain technology that are unfavorable to CLEBUS tokens, which may result in significant changes to the CLEBUS token ecosystem and projects, such as abolition/loss of CLEBUS tokens. (iv)Risks related to changes in the future capital needs of the CLEBUS Foundation and its affiliates and changes in the capital and financing possibilities to meet them. Lack of funds may affect the development of the CLEBUS platform and the use and potential value of CLEBUS tokens. (v) The CLEBUS project may be suspended, disbanded, or may not be launched due to various reasons such as averse fluctuations in the value of CLEBUS tokens, business relationship failure, or a competitor’s claims for intellectual property rights during development/operation, etc. This may adversely affect the CLEBUS token ecosystem, CLEBUS tokens, and the potential use of the CLEBUS tokens. CLEBUS WHITEPAPER CLEBUS WHITEPAPER V 1.5 (Report type of English) (vi)Lack of interest in companies, individuals, and other organizations in the CLEBUS project and services, risks associated with limited public interest in the creation and development of distributed applications, and the lack of such interest may result in restrictions on financing or affect CLEBUS project development and the utilization and potential value of CLEBUS tokens. (vii) Risk of applying major changes to the CLEBUS token or major functions and specifications of the CLEBUS Project before launching or implementing the CLEBUS Project and the CLEBUS token ecosystem. CLEBUS intends that the CLEBUS token and CLEBUS function will be consistent with the contents of the white paper, but these changes may nevertheless be applied. (viii)Competition risk with other platforms that could have a potential adverse effect on the CLEBUS tokens and the CLEBUS platform. (e.g., when a competing project has prevented commercial success or the outlook is gloomy) (ix)Risk of interfering with the CLEBUS project infrastructure and utilization of CLEBUS tokens by third parties or other individuals intentionally or unintentionally inserting hazardous or malicious code into the CLEBUS project. Since the blockchain used in the CLEBUS project is also vulnerable to such attacks, it acts as a risk to the operation of the CLEBUS project and related services. (x)In the event of a catastrophic event such as force majeure and natural disaster, the business operations of the CLEBUS Foundation and its affiliates and other factors beyond our control may be affected. Mining attacks, attacks by hackers or other individuals, etc. may result in theft or loss of CLEBUS token sales proceeds, theft or loss of CLEBUS tokens, and impairment of CLEBUS token ecosystem development capabilities. (xi)CLEBUS tokens and other cryptocurrencies are new technologies that have not yet been tested and are constantly evolving. The full function of CLEBUS tokens is not yet completed and there is no guarantee of completion. As technology advances, development of encryption technology and methods, changes in consensus protocols and algorithms, etc. may pose a risk to CLEBUS tokens, the sale of the CLEBUS tokens, the CLEBUS project, the CLEBUS token ecosystem, and the use of the CLEBUS token. ((xii) In relation to the CLEBUS project and the CLEBUS ecosystem, the CLEBUS token does not grant any decisionmaking authority to other entities. All decisions, including suspension of CLEBUS token ecosystem, CLEBUS products and services, additional creation and sale of CLEBUS tokens used in CLEBUS token ecosystem, sale and liquidation of CLEBUS, etc. are made at the discretion of CLEBUS PLATFROM. (xiii)The tax and accounting methods of CLEBUS tokens are uncertain and may vary by jurisdiction. The purchase of CLEBUS tokens may have a negative impact on tax processing, and we recommend that you seek independent tax advice in this regard. In addition to these stated risks, there are other risks that the CLEBUS Foundation and it affiliates cannot predict. There may also be risks of unexpected combinations and variations. (b) If the above risks and uncertainties develop into actual situations, the business, financial condition, operation results, and the outlook of the CLEBUS Foundation and it affiliates may be actually and negatively affected. In this case, you may lose some or all of the value of CLEBUS tokens.

6. No additional information or update

With regard to the CLEBUS Foundation and its affiliates, related businesses and operations, no one has the right to provide information/explanation other than those contained in this white paper, and even if such information/explanation is provided, it shall not be construed as being authorized by or on behalf of the CLEBUS Foundation or its affiliates.

7. No advice

No information in this white paper shall be regarded as business, legal, financial or tax advice for CLEBUS Token, the CLEBUS Foundation or its affiliates. We recommend that you seek the opinions of other experts such as law, finance, tax, etc. for CLEBUS tokens, CLEBUS Foundation and affiliates, and related businesses and operations. The financial risk of purchasing CLEBUS tokens may apply indefinitely