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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Form SP 30 24 12 21 Page 1 of 2 © 2021, The Hartford (May include copyrighted material of Insurance Services Office, Inc., with its permission) NEWLY ACQUIRED OR CONSTRUCTED PROPERTY This endorsement modifies insurance provided under the following: SPECIAL PROPERTY COVERAGE FORM Except as otherwise stated in this endorsement, the terms and conditions of the Policy apply. The following is added to Paragraph A.6.,Coverage Extensions, of the Special Property Coverage Form: Newly Acquired or Constructed Property (1)Buildings When a Limit of Insurance shown is in the Declarations for Newly Acquired or Constructed Building,you may extend the insurance that applies to Buildings to apply to: (a)Your new buildings while being built on the "scheduled premises"; and (b)Buildings you acquire at locations other than the "scheduled premises", intended for: (i)Similar use as the Building described in the Declarations; or (ii)Use as a warehouse. The most we will pay in any one occurrence under this Coverage Extension is the Limit of Insurance shown in the Declarations for Newly Acquired or Constructed Building. (2)Business Personal Property (a)When a Limit of Insurance shown is in the Declarations for Newly Acquired or Constructed Business Personal Property,you may extend the insurance that applies to Business Personal Property to apply to: (i)Business Personal Property,including such property that you newly acquire,at any location you acquire; (ii)Business Personal Property,including such property that you newly acquire,located at your newly acquired or constructed buildings located at the "scheduled premises"; or (iii)Business Personal Property that you newly acquire, located at the “scheduled premises”. (b)This extension does not apply to: (i)Personal property that you temporarily acquire in the course of installing or performing work on such property; (ii)Personal property of others that you temporarily acquire in the course of your wholesaling activity. (c)The most we will pay in any one occurrence under this Coverage Extension is the Limit of Insurance shown in the Declarations for Newly Acquired or Constructed Business Personal Property. (d)If Covered Property is moved to a new premises endorsed onto this policy,from a "scheduled premises"being endorsed off this policy,the Limit of Insurance applicable to that vacated premises will apply proportionately to both premises as the property is moved.This coverage applies to up to 180 days after the move begins or upon completion of the move,whichever is sooner.This coverage does not apply to Business Personal Property while in transit. (3)Business Income (a)When a Limit of Insurance is shown in the Declarations for Newly Acquired or Constructed Business Income and Extra Expense,you may extend the insurance that applies to the Business Income and Extra Expense Coverage Extensions when such Coverage Extensions are attached to this Coverage Part to apply to newly acquired or constructed locations. (b)The most we will pay in any one occurrence under this Coverage Extension is the lesser of: (i)The actual loss of Business Income and incurred Extra Expense you sustain; or (ii)The Limit of Insurance shown in the Declarations for Newly Acquired or Constructed Business Income and Extra Expense. Docusign Envelope ID: 9DF92A24-B534-85BA-8088-342315DF1839