Project: Construction of Control Building for the 20MW/20MWh Mexico Phase 3 Battery Energy Storage System Project at Mexico,

System Project at Mexico, Pampanga

Location: Matulid, Mexico, Pampanga
Subject: PCEC Progress Billing
Code: 22-FLUENCE-03-0100
PO No.: 22-09-832
Contract Amount 2,944,477.35
Discount 44,477.35
Total Project Cost (Discounted) 2,900,000.00
Total Billied Amount 335,775.30

Less: 2% Withholding
Ref. No. Billing No. Particulars Project Cost Less Discount Total Billing Cost Less: 10% Recoup DP Less: 10% Retention Net Billing Cost Less: Cash Advances Net Amount Due Payment Date PAYMENT OUTSTANDING BALANCE
Tax
PO No. 22-09-832 DP 10% Downpayment 290,000.00 290,000.00 - 290,000.00 290,000.00 13-Jan-23 290,000.00 - 0.00
7284 1 1st Progress Billing (4.50%) 132,414.24 2,000.16 130,414.08 13,041.41 13,041.41 2,328.82 102,002.44 102,002.44 102,002.44
7289 2 2nd Progress Billing (7.08%) 208,510.85 3,149.63 205,361.22 20,536.12 20,536.12 3,667.16 160,621.81 160,621.81 15-Feb-23 160,621.81 0.00
TOTAL 630,925.09 5,149.79 625,775.30 33,577.53 33,577.53 552,624.25 552,624.25 450,621.81 102,002.44

Prepared by:

Jamielyn M. Castillo
MNEISSI - Bookkeeper