1. The Website does not automatically collect any information, except for the information contained in cookies.

2. Tracing files (so-called “cookies”) are IT data, in particular text files, which are stored on the Website User’s end device and are intended for using the Website’s pages. Cookies usually contain the name of the Website they come from, the storage time on the end device and a unique number.

3. The entity placing cookies on the Website User’s end device and accessing them is the Website operator www.inbap.com with its registered office at INBAP Closed-end Investment Fund of Non-Public Assets, ul. Próżna 9, 00-107 Warsaw.

4. Cookies are used for the following purposes:

a) adjusting the content of the Website pages to the User’s preferences and optimising the use of websites; in particular, these files allow to recognise the device of the Website User and correctly display the Website, tailored to his individual needs;

b) creating statistics that help to understand how Website Users use websites, which allows improving their structure and content;

c) maintaining the Website User’s session (after logging in), thanks to which the User does not have to re-enter the login and password upon opening each page of the Website;

5. The Website uses two basic types of cookies: session cookies and persistent cookies. Session cookies are temporary files stored on the User’s end device until logging out, leaving the Website or turning off the software (web browser). Persistent cookies are stored on the User’s end device for the time specified in the cookie file parameters or until the User deletes them.

6. Within the Website, two basic types of cookies are used:

a) necessary cookies, enabling the use of services available on the Website, e.g., authentication cookies used for services that require authentication on the Website;

b) cookies used to ensure security, e.g., used to detect fraud in the scope of authentication on the Website;

c) performance cookies, enabling the collection of information on the use of the website pages;

d) functional cookies, enabling ‘remembering’ the settings selected by the User and personalisation of the User’s interface, e.g., in terms of the selected language or region of the User’s origin, font size, website appearance, etc.;

e) advertising cookies, enabling the delivery of advertising content to Users more tailored to their interests.

7. In many cases, the software used for browsing websites (web browser) allows cookies to be stored on the User’s end device by default. Website Users can change cookie settings at any time. These settings can be changed in particular in such a way as to block the automatic handling of cookies in the settings of the web browser or inform about their every posting on the Website User’s device. Detailed information on the possibilities and methods of handling cookies is available in the software (web browser) settings.

8. The website operator informs that restricting cookie may affect some of the functionalities available on the website pages.

9. Cookies placed on the Website User’s end device may also be used by advertisers and partners cooperating with the Website operator.

10. More information on cookies is available in the “Help” section in the browser’s menu.