Sales Verification Report of

M/s Leonidas Chocolates, Ibn Battuta Mall

From January 01, 2019 to October 31, 2020

December 21, 2021

Chocolate Box LLC,

P.O. Box 53322
Dubai, United Arab Emirates

Dear Sir / Madam,

We have performed the procedures agreed with you and enumerated below with respect to
statement of gross sales of Chocolate Box LLC (Leonidas Chocolates, Ibn Battuta Mall,
Unit No IBS-GF-058, Dubai, United Arab Emirates (“Lessee”) for the period from January
01, 2019 to October 31, 2020 (“Period”).

Our engagement was undertaken in accordance with the international standard on Related
Services (ISRS 4400 – Engagements to Perform Agreed upon Procedures Regarding Financial
Information) applicable to agreed upon procedures. The sufficiency of these procedures is the
sole responsibility of specified user of this report. Consequently, we make no representation
regarding the sufficiency of procedures described below either for the purpose for which this
has been requested for any other purpose. The procedures were performed solely to assist
Chocolate Box LLC in providing financial information to the management of M/s Ibn
Battuta Malls LLC (“Lessor”) and are summarized as follows:

1. We have obtained the statement of gross sales reports for the lease period (see appendix
I) and agreed gross sales with related invoices and general ledger account for the same
period.

2. We have selected a sample of 10 sales reports randomly from the daily sales reports for
the respective lease period and agreed the amounts with invoice wise listings of the
daily sales reports for the selected day to daily sales amount as per the general ledger. In
case of variances, if any, we have checked that they are accordingly reconciled.

3. In respect of the sample selected as per procedure 2 above, we have verified that all the
goods returned, if any, have been approved by the store manager; and

4. We have checked the mathematical accuracy of statement of gross sales.

The information used in performance of our work outlined in paragraphs 1 to 4 was
accordingly provided to us by the management of Lessee.

We report our findings below:

1. With respect to item 1 above, no exception was noted;

2. With respect to item 2 above, no exception was noted;
3. With respect to item 3 above, no exception was noted; and
4. With respect to item 4 above, no exception was noted;

As the above procedures do not constitute either an audit or a review made in accordance with
International Standards on Auditing, we do not express any assurance on the statement of sales
for the period.

Had we performed additional procedures, or had we performed an audit or review of the

financial statements of the Lessee in accordance with International Standards on Auditing,
other matters might have come to our attention that would have been reported to you.

Our report is solely for the purpose set forth in the first paragraph of this report and for your
information only and is not to be used for any other purpose or to be distributed to any other
parties without our express written approval. This report relates only to the attached Statement
of Gross Sales, stamped by us for identification purposes only, and items specified above and
do not extend to any financial statements of the Lessee, taken as a whole.

Bin Ghannam Accounting & Auditing

Chartered Accountants
Dubai, United Arab Emirates

Encl: Appendix I – Statements of Gross Sales

 Appendix I

STATEMENT OF GROSS SALES

M/s Chocolate Box LLC (Leonidas Chocolates, Ibn Battuta Mall, Unit No IBS-GF-058,
Dubai, United Arab Emirates
Period: January 01, 2019 to October 31, 2020

  Period/Month   Gross Sales (AED)

January, 2019 35,224
February, 2019 31,931
March, 2019 33,754
April, 2019 24,015
May, 2019 10,609
June, 2019 17,345
July, 2019 14,835
August, 2019 15,543
September, 2019 16,531
October, 2019 18,384
November, 2019 20,222
December, 2019 21,701
January, 2020 20,771
February, 2020 15,586
March, 2020 8,640
April, 2020 -

  Period/Month   Gross Sales (AED)

 May, 2020 -
June, 2020 6,548
July, 2020 12,052
August, 2020 11,783
September, 2020 9,490
October, 2020 8,168
Total 00

For Bin Ghannam Accounting & Auditing

December 21, 2021