terms
of sale.

Seller. Vora S.r.l., an Italian limited-liability company, owner of the SQUIZITO Atelier brand, with registered office at [VORA SRL REGISTERED OFFICE], Italian VAT number [VORA SRL VAT], R.E.A. [VORA SRL REA NUMBER], share capital [VORA SRL SHARE CAPITAL], operating the SQUIZITO Atelier brand from Via Tortona 27, 20144 Milan, Italy (the "Seller", also referred to as "SQUIZITO Atelier" or "SQUIZITO" in brand contexts).

Buyer. Any natural or legal person who completes a purchase on squizito.me (the "Buyer").

Subject of these Terms. The sale, at distance under Directive 2011/83/EU and Italian Codice del Consumo D.Lgs. 206/2005, of limited-edition serial-numbered goods produced by the Seller in editions of a per-drop limited size (the exact count is fixed when the drop opens and printed on the contract signed with the Designer), each unit identified by a unique serial code (e.g. SQZ-001-027) and paired with a soulbound non-transferable ERC-721 + ERC-5192 certificate of authenticity recorded on the Base blockchain (the "Goods").

Order of precedence. Where any provision of these Terms conflicts with mandatory consumer-protection law in the Buyer's country of habitual residence, that mandatory law prevails (per Regolamento (CE) n. 593/2008 ("Rome I") art. 6).

The Seller does not offer size exchanges or unit-for-unit replacements as a commercial concession. The structural reason is the limited-edition serial-numbered character of the Goods: there is no fungible inventory from which to draw a substitute, and no production line that can be reopened to make one.

This commercial policy is enforceable in those jurisdictions where domestic consumer-protection law does not impose a mandatory exchange right, which is every jurisdiction currently known to the Seller. No jurisdiction worldwide creates a free-standing legal right to exchange a non-defective good for a change of mind (the protected right, where it exists, is the right to a refund · see section 04 below).

Mandatory consumer-law qualifier. Where the Buyer's country of habitual residence imposes a mandatory consumer right to repair, replacement, or refund that would override this policy (notably the Australian Consumer Law under Schedule 2 of the Competition and Consumer Act 2010, ss. 18, 29(1)(m), 54–59), the present commercial policy applies except where required by applicable consumer-protection law, and the mandatory statutory entitlement prevails. The Seller does not seek to displace any consumer guarantee that cannot be excluded under the Buyer's home jurisdiction.

The separate legal regime for defective or non-conforming Goods · which is not a "commercial policy" but a statutory entitlement · is preserved in full and described at section 07 below.

Discounts and promotional codes. From time to time the Seller offers discount codes, including the Spread-the-Word code (a uniform percentage reduction earned by sharing a drop and confirming an email · see the privacy notice section 04-bis). Such codes are a plain commercial price reduction (sconto under art. 6 DPR 430/2001), not a prize, draw, or manifestazione a premio. Each share code is single-use, valid for one piece of the drop it was issued for, limited to one active code per email address per drop, time-limited, and not combinable with any other discount, including the voter pre-order price · only one discount applies per order. Any percentage shown is applied to the Seller's genuine regular price for the Goods; the Seller does not inflate a reference price to manufacture a reduction (consistent with Directive 98/6/EC as amended by Directive (EU) 2019/2161 and art. 17-bis Cod. Cons.). The Seller may decline or invalidate a code obtained through abuse of the fair-use limits.

To exercise the right of withdrawal within the applicable period (see section 04), the Buyer must notify the Seller of an unequivocal decision to withdraw, before the period expires, by either:

• sending an email to returns@squizito.me with the order number in the subject line and a short statement that withdrawal is being exercised (the Buyer may use the model withdrawal form reproduced below for convenience but is not obliged to use it · per art. 54 c. 1 lett. b Cod. Cons. and Directive 2011/83/EU Annex I(B)); or
• completing and submitting any other unequivocal statement setting out the same decision.

Model withdrawal form · the Buyer may copy the text below into an email, fill in the placeholders, and send it to returns@squizito.me. This form is the model required by Annex I(B) of Directive 2011/83/EU and reproduced by Italian Cod. Cons.

TO:    Vora S.r.l. · returns@squizito.me · Via Tortona 27, 20144 Milan, Italy

I/we (*) hereby give notice that I/we (*) withdraw from my/our (*) contract of
sale of the following goods:

  Order number ............ [ORDER NUMBER]
  Serial of the good ...... [SQZ-DDD-PP]
  Goods ordered on ........ [DATE OF ORDER]
  Goods received on ....... [DATE OF RECEIPT]

Name of consumer(s) ......... [FULL NAME]
Address of consumer(s) ...... [ADDRESS]
Email of consumer(s) ........ [EMAIL]

Signature of consumer(s) .... [SIGNATURE · only required if this form is sent on paper]
Date ........................ [DATE]

(*) Delete as appropriate.
				

Return of the Goods. Following notification, the Buyer must return the Goods to the Seller without undue delay and in any event within fourteen (14) days from the day on which the withdrawal was notified (art. 57 c. 1 Cod. Cons.). The Goods must be returned in their original, unworn, undamaged condition, with all original packaging, care labels, hangtags, and the QR-tag intact. The Buyer is liable only for any diminished value of the Goods resulting from handling other than that necessary to establish their nature, characteristics, and functioning (art. 57 c. 2 Cod. Cons.).

Return-shipping cost. Pursuant to art. 57 c. 2 Cod. Cons., and as expressly disclosed here, the Buyer bears the direct cost of returning the Goods to the Seller in Milan. The Seller does not provide a prepaid return label as a standard.

The Seller acknowledges receipt of the withdrawal notification within forty-eight (48) hours by reply email.

The commercial policy at section 03 (no exchanges) is not applicable to Goods that are defective, damaged, or non-conforming at the moment of delivery. Where the Goods fail to conform to the contract, the Buyer is entitled to the statutory remedies under the garanzia legale di conformità regime, which run independently of and concurrent with the right of withdrawal.

Applicable sources include:

• European Union · Directive (EU) 2019/771 on the sale of goods (two-year minimum legal guarantee);
• Italy · Italian Cod. Cons. artt. 128 to 135-septies;
• United Kingdom · Consumer Rights Act 2015 ss. 9–24;
• Australia · ACL Sch. 2 ss. 54–59 (consumer guarantees);
• analogous statutory regimes in all jurisdictions where the Buyer resides.

The remedy hierarchy is, in order: (i) repair or replacement at the Seller's expense; (ii) proportional price reduction; (iii) termination of the contract with refund. The Buyer reports the non-conformity by emailing hello@squizito.me with photographs of the defect and the unit serial, within the statutory notification window applicable in the Buyer's country (in Italy, two months from discovery · art. 132 c. 2 Cod. Cons., save for hidden defects).

Because each piece is a limited-edition serial-numbered good with no inventory replacement available, the "replacement" remedy under the conformity regime is exercised by either (a) repairing the specific unit where technically feasible, or (b) where repair is not feasible, refunding the Buyer at full price plus the cost of return shipping. This is not an exchange; it is the statutory conformity remedy adapted to the editioned nature of the Goods.

Each unit sold is paired with a non-transferable certificate of authenticity recorded on the Base blockchain, implemented as an ERC-721 token bearing the ERC-5192 locked() trait (the "Certificate"). The Certificate:

• is permanently associated with the unit's serial code and identifies the original Selected Designer of the drop;
• renders the design fully on-chain as an SVG (no IPFS, no off-site image hosting);
• is held in the SQUIZITO Atelier vault wallet · the Buyer is not required to hold a cryptocurrency wallet to purchase or to verify the Certificate;
• cannot be transferred or sold separately from the physical unit; all transfer functions revert by design.

Regulatory classification. Because the Certificate is non-transferable, non-fungible, and represents only authenticity attestation (not value, claim on assets, or right to receive value), it is not: (i) a "crypto-asset" as defined in Regulation (EU) 2023/1114 (MiCA) art. 3 c. 1 n. 5 in any tradable sense; (ii) an asset-referenced token under MiCA art. 3 c. 1 n. 6; (iii) an electronic-money token under MiCA art. 3 c. 1 n. 7; (iv) a financial instrument within the meaning of MiFID II / Directive 2014/65/EU. The Buyer acquires no financial right by virtue of the Certificate.

The Certificate is verifiable independently of the Seller on the Base blockchain explorer (BaseScan) and through the verification page at squizito.me/verify/.

These Terms are governed by Italian law. Any dispute arising out of or in connection with the sale is subject to the exclusive jurisdiction of the Courts of Milan, Italy.

Consumer carve-out. The foregoing choice of law and jurisdiction does not deprive the Buyer, where the Buyer qualifies as a consumer, of the protection afforded by the mandatory provisions of the law of the country in which the Buyer has habitual residence, pursuant to Regulation (EC) No 593/2008 (Rome I) art. 6. Consumers resident in EU/EEA, UK, Brazil, South Korea, Japan, Australia, or any other jurisdiction whose mandatory consumer law applies, retain the right to bring proceedings in the local consumer forum and to invoke local mandatory protections.

Alternative dispute resolution. EU-resident consumers may, in addition to court remedies, access the European Commission's Online Dispute Resolution platform at ec.europa.eu/consumers/odr. The Seller is not obliged to participate in extra-judicial procedures, save where Italian law mandates otherwise.