GRUPO INDUSTRIAL SIMEEK S.A. DE C.V.

CALLE OLIVOS, MZ 16 LOTE 18, FRACC. LOS ENCINOS

MPIO.TUXTLA CHICO CHIAPAS C.P. 30870
RFC: GIS171031E39

LETTER OF INDENT (LOI)

COUNTRY: MEXICO CITY DATE: September 19th, 2020

To: THE END SELLER

From: GRUPO INDUSTRIAL SIMEEK S.A. DE C.V.
Dear Sir,
We are pleased to issue LOI for 9,60,000 MT of Brazilian Sugar ICUMSA 600 - 1200 origin and fresh
with all documents of ownership and certificates of origin, willing and able to purchase the following
commodity as per the specification, quantity and terms stated below.

Product : ICUMSA 600 - 1200 Raw Sugar for Human Consumption

Origin : Brazil
Specification : Standard Specification of ICUMSA 600 - 1200
Packing : 50 Kg PP bags
Contract Quantity : 80,000 MT X 12 Months
Contract Type : 12 Months
Target Rate : 225USD / MT – CIF COATZACOALCOS, VER
Payment Terms : DOCUMENTRY, IRREVOCABLE, TRANSFERABLE, REVOLVING, L/C MT700 AT
SIGHT
Certificates : SGS, Origin and Analysis Certificates
Delivery Port : CIF COATZACOALCOS, VER - MEXICO

We look forward your confirmation of supply capacity and delivery times.

I thank you in advance for your attention and response.
Note: This LOI is valid only for 5 business days from the date of issue.

Sincerely,

LCI. Miguel Angel Morales V.

Gerente General
Date of Issue: September 19th, 2020