Tackle the challenges of Smart Materials with
Safran Explore!

1 Organizer

SAFRAN CORPORATE VENTURES (hereinafter referred to as "the Organizer" or "SAFRAN"), a company incorporated and existing under the laws of France (Société par Actions Simplifiée), whose registered office is at 2, Boulevard du Général Martial Valin – 75015 Paris – France, registered with the Paris Trade and Companies Register under the number 501 500 300, is organizing a Program entitled "Safran Explore Smart Materials" (hereinafter "the Program").

SAFRAN Sponsors are companies within the SAFRAN Group that, alongside SAFRAN, participate in the management of the Program. They play a key decision-making role, are responsible for evaluating Applicant proposals and selecting the solutions that best meet SAFRAN's needs, as well as deciding the cooperations they will launch and finance.

2 Conditions of Participation – Program Procedure

2.1 Conditions of Participation

• The Program is free to enter and no purchase is necessary.
• The Program is open to spin-offs, startups and SMEs (staff under 250) that are already registered legal entities and that offer innovative technological solutions related to the Program's challenge (hereinafter referred to as "the Applicants") (as detailed in Article 6).
• The following entities and individuals are not eligible:
  • Mid-size or large companies, academic/research labs, public or private research institutes,
  • Resellers or distributors of existing technologies,
• Entry in the Program implies irrevocable and unconditional acceptance of these rules (hereinafter referred to as "the Rules"), available at: www.alcimed.com/safran-explore-smart-materials.
• Each Applicant (including all subsidiaries, affiliates and group companies) may enter a single application.
• Violation of the participation requirements will result in disqualification.

2.2 Program Procedure and Qualification Stages

Applicants will be informed of the Program launch through the dedicated website and various communication channels (social networks, partner incubators, dedicated outreach, etc.). The qualification process for the Program is organized in several stages:

1. Application Submission: Applicants apply from March 2026 to June 2026 via the official Program website (link: https://baserow.io/form/PkXkrPhIqry7dAlwI2uCdYl9NCgen_b3yi41zXsalsk). Each Applicant must submit a complete application form and required supporting documents. All applications received are first screened for compliance with eligibility criteria and relevance to the challenge.
2. Evaluation Phase: All applications are evaluated by a panel of SAFRAN experts based on relevance, innovation and compatibility with the defined challenge from July 2026 to August 2026.
3. Pitch Phase: The top applicants (up to 30) will be invited to present remotely their solution ("pitch") orally to the jury composed of SAFRAN experts and SAFRAN Sponsors (hereinafter referred to as the "Jury") in September 2026. Companies not selected for the Pitch Phase will be informed by email.
4. Laureate Selection: After the pitch session, 5 to 10 laureates (hereinafter referred to as "Laureate") will be selected by the Jury for a Proof of Concept (POC) scoping phase. The Jury may select additional Laureates. Companies not selected as Laureates, as well as the Laureates will be informed by email.
5. POC Scoping Phase: Laureates sign a mutual Non-Disclosure Agreement (NDA) with SAFRAN before this phase. During this phase from October to November 2026, technical specifications of the POC and financial terms will be defined collaboratively.
6. Explore Days: Laureates are required to attend the "Explore Days" in person at SAFRAN Tech on December 2nd and 3rd, 2026. During this event, they will present their collaborative projects including their finalized POC proposal (specifications and budget), together with their assigned experts, to the SAFRAN Sponsors. Following the presentations, SAFRAN Sponsors will evaluate each cooperation proposal and make a definitive decision—approval ("Go"), conditional approval ("Go If"), or rejection ("No Go")—regarding the launch of the Proof of Concept.
7. Decision & POC Launch: Following the Explore Days, SAFRAN Sponsors will select certain Laureates for cooperation based on their presentations and proposals. For Laureates whose POC is validated at this stage, SAFRAN may initiate a collaboration in the form of a Purchase Order (PO) based on the POC defined and agreed upon during the POC scoping phase. The contractual terms of the Purchase Order will be subject to mutual agreement between the parties.

All decisions of the Jury are final and not subject to appeal. Only solutions fully meeting SAFRAN's requirements, as defined through the scoping and validated at Explore Days, will be considered for final selection and POC launch.
All dates indicated in these Rules are for reference only. The official timeline will be published on the official Program website (link: www.alcimed.com/safran-explore-smart-materials). The Organizer reserves the right to modify these dates if necessary; any changes will be updated on the Program website and directly communicated by email to affected Applicants.

3 Challenge and Eligibility

The subject of the Program is as follows:

Theme: Disruptive innovations in smart materials and intelligent manufacturing for extreme performance in aerospace and related sectors.

Challenges include (but are not limited to):

• Multi-functional, high-performance and sustainable materials,
• "Smart" coatings and surface solutions,
• Advanced processes and additive manufacturing,
• Sustainable alternatives to critical materials,
• Artificial intelligence for materials and processes,
• Circularity, recycling and traceability of strategic materials,
• Inspection, monitoring and reliability of complex parts.

Eligibility:

• Only innovative startups, spin-offs, or SMEs (≤250 employees) with solutions in at least one of these domains may participate.
• Entrants must demonstrate at least a prototype (TRL 3+) or higher that can be tested and assessed by SAFRAN.

For further explanation of the challenge and criteria, consult the call for applications at the official Program website.

4 Expenses

All costs and expenses incurred by Applicants in connection with their participation in the Program (including but not limited to the preparation and submission of applications, travel and accommodation for pitches, attendance at Explore Days and participation in the Proof of Concept scoping phase) shall be fully borne by the Applicants. SAFRAN shall not be required to reimburse or indemnify any costs or expenses, regardless of their nature, incurred by Applicants at any stage of the Program. By entering the Program, Applicants expressly waive any claim to financial compensation or reimbursement from SAFRAN for such costs and expenses.

Notwithstanding the foregoing, for Applicants invited to participate in the Explore Days, SAFRAN will reimburse travel, accommodation and meal expenses, subject to a maximum of 1 500 euros per person and for up to two persons per Applicant. Any costs exceeding these limits, or not explicitly covered, will remain the sole responsibility of the Applicant.

5 Protection of Personal Data

By participating in the "SAFRAN EXPLORE SMART MATERIALS" Program, Applicants consent to the Organizer (www.safran-group.com) processing their first and last names, company, professional email address, phone number and job title log for the purposes of administrative management of the Program and compliance with applicable legal obligations. This data is necessary in order to participate in the Program.

• This personal data is kept for up to 2 years after the end of the Program and is only accessible to authorized persons of Safran Corporate Venture, the panel Members and by the service provider(s) in charge, if applicable. Personal data will not be sold to third parties.
• Winners authorize SAFRAN to use, for informational purposes, their first and last names and company, as they appear on the documents, profiles and/or media submitted during registration, for communication purposes only, without such use conferring any remuneration, right, or advantage other than the awarding of the prize won.
• Applicants may withdraw their consent at any time without prejudice to the lawfulness of the processing carried out prior to such withdrawal. Such withdrawal will result in the cancellation of participation in the Program and the potential awarding of prizes.
• Applicants have the right to access, rectify, erase, restrict and transfer their data, as well as the right to object, which they may exercise by contacting Safran Data Protection Officer: safran.dpo@safrangroup.com

Applicants may also give instructions regarding the fate of their data after their death and/or file a complaint with the French data protection authority (www.cnil.fr).
Exercising these rights will not result in any form of discrimination on the part of SAFRAN.

6 Liability

SAFRAN reserves the right, without incurring any liability, to shorten, extend, modify, interrupt, postpone and/or cancel this Program if circumstances so require or if it appears that fraud of any kind has occurred in connection with participation in the Program or the determination of the selected Applicants at the Explore Days. In this case, SAFRAN reserves the right not to enter into a cooperation to fraudsters and/or to prosecute the perpetrators of such fraud in the competent courts.

However, any changes will be communicated to Applicants.

The Organizer shall not be held liable in the following cases:

• (i) in the event of a malfunction preventing access to and/or the proper running of the Program, in particular due to malicious acts;
• (ii) if the Organizer is unable to contact each winner;
• (iii) in the event of delays, losses, theft, or damage during the delivery of prizes, or in the event of illegible postmarks due to the postal services;
• (iv) in the event of any errors in the contact details provided by the winners.

In the cases described in (ii), (iii) and (iv) above, winners will automatically forfeit all rights of any kind, without being entitled to any compensation.

7 Acceptance of the Rules

The full Program Rules are available at: www.alcimed.com/safran-explore-smart-materials.

Any modification of the Rules by SAFRAN will be published at the same address.

By participating, Applicants fully and unreservedly accept the Rules and any amendments.

8 Applicable Law

These Rules are subject to French law.

All disputes must be addressed, with supporting documentation, to the Organizer at the address above by the deadline stated in the call for applications.

The Organizer is responsible for handling disputes. However, in the event of a dispute that cannot be resolved amicably, the courts of Paris (France) shall have sole jurisdiction.