Full Corporate Offer

Ref. 040/BENS-SAVASTRADING /FCO/VII/2022

To : SAVAS TRADING L.L.C.

UAE Dubai King Of Khalfan Mohammed Bin Lahj Al Hajr- Al Quoz
Alol Office No.121
Attn : Mr. Viktoriia Kupchyn

With respect,

We, PT. BARA ENERGI NAGA SUKSES representatives directly to mining owner that is our
Intentions to sell and we here by confirm that we are ready, willing and able to transaction the
commodity of the steam coal from Kalimantan origin, with the following turn and conditions as below
:

1. Commodity : Indonesian Steam Coal (Non Coking) GCV ARB 6300-6100 Kcal/kg
ORIGIN : South and East Kalimantan – INDONESIA
Mining Permit : IUP-OP PT.Putra Banua Tapin Nomer : 503/1-IUP.OPP/DS-DPMPTSP/IV/X/2019
RKAB No. T-799.RKAB/MB.05/DJB.B/2022. Quantity Sebesar 100.000 MT
IUP-OP PT.Usaha Kawan Bersama Nomer : 503/10-IUP.OP4/DS-DPMPTSP/IV/IV/2020.
RKAB No .T-1096.RKAB/MB.05/DJB.B/2022. Quantity Sebesar 240.000 MT
QUALITY : On ASTM Standart
Delivery : FOB Mother Vessel LC Usance Payment At Sight Irrevocable from Prime Bank ( While it
does not serve CFR/CIF and CNF but we will help to find vessels and floting cranes )

COMPOSITION AND QUALITY SPECIFICATION (ASTM) : GCV ARB 6300-6100 Kcal/Kg :

Paramete Method Guarantee Rejections

r
Total Moisture As Received Basis 10-12% > 12 %
Inherent Moisture Air Dried Basis Approximately 9-11 %
Ash Contents Air Dried Basis 9-11% > 11 %
Volatile Matter Air Dried Basis Approximately 39-42%
Total Sulfur Air Dried Basis % 0,80 %- Max 1% > 1%
Fixed Carbon Air Dried Basis By Different
Gross Calorific Value As Received Basis 6,300 Kcal/ Kg < 6,100 Kcal/kg
Hard Grove Index 42 – 45
Size 0 – 50 mm 90 %

TERM AND CONDITION

1 SURVEYOR & ANALYIS SUCOFINDO, AND SGS
2 QUANTITY 50.000 MT – 70.000 / SHIPPMENT (-/+10%)
3 LOADING PORT M BERAU EAST KALIMANTAN & M TABONEO SOUTH KALIMANTAN
4 LOADING RATE 8.000 MT/ DAY
5 PRICE INDONESIAN COAL INDEX REPORT $ 259.13/ MT , FOB MOTHER VESSEL
6 PAYMENT LC USANCE PAYMENT AT SIGHT IRREVOCABLE FROM PRIME BANK
7 SCHEDULE DELIVERY 30 DAY AFTER LC IS OPERATIVE AT SELLER BANK

2. Commodity : Indonesian Steam Coal (Non Coking) GCV ARB 6000-5800 Kcal/kg
ORIGIN : South and East Kalimantan – INDONESIA
Mining Permit : IUP-OP PT.Putra Banua Tapin Nomer : 503/1-IUP.OPP/DS-DPMPTSP/IV/X/2019
RKAB No. T-799.RKAB/MB.05/DJB.B/2022. Quantity Sebesar 100.000 MT
IUP-OP PT.Usaha Kawan Bersama Nomer : 503/10-IUP.OP4/DS-DPMPTSP/IV/IV/2020.
RKAB No .T-1096.RKAB/MB.05/DJB.B/2022. Quantity Sebesar 240.000 MT
QUALITY : On ASTM Standart
Delivery : FOB Mother Vessel LC Usance Payment At Sight Irrevocable from Prime Bank ( While it
does not serve CFR/CIF and CNF but we will help to find vessels and floting cranes )
 COMPOSITION AND QUALITY SPECIFICATION (ASTM) : GCV ARB 6000-5800 Kcal/Kg :

Paramete Method Guarantee Rejections

r
Total Moisture As Received Basis 14-16% > 16 %
Inherent Moisture Air Dried Basis Approximately 9-11 %
Ash Contents Air Dried Basis 10-12% > 12 %
Volatile Matter Air Dried Basis Approximately 39-42%
Total Sulfur Air Dried Basis % 0,80 %- Max 1% > 1%
Fixed Carbon Air Dried Basis By Different
Gross Calorific Value As Received Basis 6,000 Kcal/ Kg < 5,800 Kcal/kg
Hard Grove Index 42 – 45
Size 0 – 50 mm 90 %

TERM AND CONDITION

1 SURVEYOR & ANALYIS SUCOFINDO, AND SGS
2 QUANTITY 50.000 MT – 70.000 / SHIPPMENT (-/+10%)
3 LOADING PORT M BERAU EAST KALIMANTAN & M TABONEO SOUTH KALIMANTAN
4 LOADING RATE 8.000 MT/ DAY
5 PRICE INDONESIAN COAL INDEX REPORT $ 197.91/ MT , FOB MOTHER VESSEL
6 PAYMENT LC USANCE PAYMENT AT SIGHT IRREVOCABLE FROM PRIME BANK
7 SCHEDULE DELIVERY 30 DAY AFTER LC IS OPERATIVE AT SELLER BANK

After signing contract (by electronic) agreed by both party, Seller Shall deliver to the Buyer to
conduct pre - inspection at mine, stockpile and other related working premises of the Seller for cargo
verification before shipment. Please send the draft contract to us soon as possible

This is our letter of offer, and if there is approval from your company so that the FCO can be stamped and
sent back to us along with the draft contract.
Thank you for your attention and cooperation, and we look forward to hearing from you soon.
.
Samarinda, July 31rd, 2022
PT. BARA ENERGI NAGA SUKSES

AGUS SUTAMI
Directur