Liquidation Policy

1. Statement of Policy

This policy establishes the control guidelines to ensure that cash advances for operating expenses
of the company are liquidated at a specified period of time for checking if expenses paid are valid
and approved by authorized officers.

2. Target Audience

This policy applies to all employees of ECA Manpower Services Inc. and 3ES Logistic Services Inc.

3. Scope

This policy outlines the policies and procedures in obtaining the approval of advances from
specific funds as well as liquidation deadline and procedures.

4. Policy Standard Details

4.1 Obtaining Funds for Expenditures

4.1.1 Requests should be evidenced by a Purchase Request Form filled up by the requestor
and signed approved by the head of the department.

4.1.2 Purchase Request Form shall be forwarded to