GOLD (AU ) CONDITIONS SOFT OFFER PROCEDURES

To The Buyer:
VIA: Lead Facilitator
Through: Igor Omaña / Dylan Jones / Luis Ibarrola / Intermediaries
Date: 15 / March / 2018

TERMS & CONDITIONS

This seller is based in Hong Kong and requires buyer/authorized buyer to have access to Hong
Kong banking procedures. However there is no LOI required to start proceedings. The soft offer
is as follows.

HSBC Hong Kong main bank > 80 mt (Minimum 20 MT)

Transaction procedures:
1) The buyer/authorized buyer will sign SCO indicating the lot they intend to purchase.

2) The buyer/ authorized buyer will provide POF and proof of mandate.

3) Buyer to have bank account in the same bank that the AU is to be transacted as this

procedure is a ledger to ledger within the same bank.

4) Discount is offered at 7.5 % gross, 6% net to buyer and 1.5% to be shared between the

buyer and seller facilitators and intermediaries.

5) A performance bond of USD 10 million is required for the transaction. (excluded)

6) Buyer must show proof of funds in their bank ACC with the minimum amount equivalent to

the PB amount.

7) Both buyer and seller will place a PB in the same bank through their respective Bank Officers

before the signing of MOU.

8) After PB in place and signing of MOU, a final SPA will be prepared by the Seller bank officer

and submit to the buyer/authorized buyer bank officer for approval before proceeding to TTM to

finalize the transaction.

This appointment letter applies to all sellers bullion holding in HK and London. The procedure is
very straight forward and safe as the entire process is conducted by BO within the bank and the

PB is in the name of the buyer/authorized buyer and can only be activated or fortified upon

MOU performance. The metal is of a excellent standard and we assure you this seller is real

and ready to move. If these procedures fit with yourselves or if you have any doubts please do

not hesitate to contact us an we can proceed.

SIGNATURE & STAMP

Acceptance of the Procedure of this SCO