[Please print on the Company’s letterhead]

Date:

PayPal Payments Private Limited (“PayPal”)

The IL&FS Financial Centre
2nd Floor, B Quadrant
Plot No. C 22, G Block, 2nd Floor
Bandra Kurla Complex, Bandra East
Mumbai, 400051
Maharashtra
India

Dear Sir(s),

Authorisation Letter

Company’s Name [ ] (the “Company”) hereby authorises

the following individual(s) to act for and on behalf of the company in handling all matters related to
the management of its PayPal business accounts [_ ]:

No. Name(s) Identity Card Number Business Title

The Company also hereby confirms that it will indemnify PayPal from any liability whatsoever, arising
in connection with or as a result of PayPal’s compliance with its instructions herein.

Yours faithfully,

[_______________________________]

Title:
For and on behalf of
Company’s Name:
Company’s Stamp if applicable:

A different person such as the HR Director, owner, CEO, or CFO of the company should sign the
letter. If the primary account holder is the sole owner of the company, he or she may sign the letter.

Please remember to attach respective identification as well.