1. Purpose

This statement clarifies the regulatory position and operational role of 365 business development GmbH in relation to financial integrations, banking connectivity and payment services.

2. Company Profile

365 business development GmbH is a German software company registered with the Amtsgericht Bonn under HRB 30372, with its registered office at Alexander-Bell-Str. 35, 53347 Alfter, Germany. The company develops and distributes software solutions for Microsoft Dynamics 365 Business Central. 365 business development GmbH is not a financial institution.

3. Regulatory Status

365 business development GmbH is NOT:

• a credit institution within the meaning of applicable banking law;
• a payment institution under the Payment Services Directive (PSD2 Standard);
• an electronic money institution (EMI).

The company does not hold customer funds, does not operate bank accounts on behalf of customers and does not provide regulated payment services within the meaning of PSD2 Standard. Where payment initiation or account information services are enabled through the company's software, these services are performed exclusively by licensed third-party providers.

4. Role in Financial Integrations

365 business development GmbH acts solely as:

• a software developer;
• a technical integration provider;
• an API connector between customers and regulated financial institutions.

All regulated financial services are provided directly by licensed entities. Customers authenticate directly with the respective licensed financial institution or regulated provider.

5. Handling of Funds

365 business development GmbH does not receive, hold or transfer client funds. The company does not maintain escrow or safeguarding accounts and does not execute payment transactions on its own behalf. All fund flows occur exclusively between the customer and the licensed payment or banking provider.

6. Data Protection & Security

365 business development GmbH processes data in accordance with the General Data Protection Regulation (GDPR - Regulation (EU) 2016/679), applicable German data protection law and recognised industry best practices. Financial data processing is limited strictly to the software functionality and integration purposes covered by the contractual relationship.

7. Compliance Commitment

365 business development GmbH maintains internal compliance procedures, including:

• Sanctions screening for business partners
• Risk-based partner evaluation
• Documented escalation processes

The company cooperates fully with licensed financial institutions and with the regulatory requirements applicable to its integration activities.

8. Responsibility

Responsibility for this statement rests with Christoph Krieg, Managing Director, 365 business development GmbH.

9. Statement

This document is provided to clarify the non-regulated status of 365 business development GmbH and to support the due diligence processes of financial institutions, payment service providers and banking partners.