BULIRAM PT, BUM! LINTAS MATARAM NO G0018/FCO-SGO/BLM-MEP/II/2023 SUBJECT ULSD 10PPM /EURO 5 DIRECTED TO: PTMUNASAR ENERGY PERSADA ATTENDANT — : MR. ZAKARIA DATE FEBRUARY 24", 2022 cc PT PASIR LUHUR SENTOSA FULL CORPORATE OFFER We, The undersigned with FULL LEGAL RESPONSIBILITY, under PENALTY OF PERJURY hereby issue this FULL CORPORATE OFFER with given terms and conditions as stated in this format letter to confirm our readiness to EXECUTE A SALES AND PURCHASE AGREEMENT WITH YOU, all the supply is guaranteed to meet the SPECIFICATION AND TO PASS the stringent REQUIREMENTS OF SGS OR EQUIVALENT. THE SALES AND PURCHASE CONTRACT WOULD BE IN ACCORDANCE WITH INTERNATIONAL STANDARDS AND PROCEDURES. THIS FCO IS FOR FIRST TRIAL SHIPMENT. COMMODITY ULSD - 10 PPM (EURO 5) COUNTRY OF ORIGIN Coe ‘‘/“_ KAZAESTAN, QATAR, SPECIFICATION TO BE APPROVED (TBA) LOADING PORT DETERMINED BY REFINERY QUANTITY OF SHIPMENT 200,000 MT TRIAL SUPPLY CONTRACTUAL QUANTITY 200,000 MT TERMS OF SALES To DELIVERY POINT/DISCHARGE PORT | IPL PACKING BY BULK, VESSEL DELIVERY PRICE PER MT USD $ 600/ MT GROSS PAYMENT ‘ALLOCATION SECURITY GUARANTEE PAYMENT DEPOSIT FOR 2% OF TOTAL PRODUCT WITH T/T TRANSFER *MT103/TT FOR FULL PAYMENT AND UPON SATISFACTORY SGS FOR Q&Q, AFTER DIP TEST, DEDUCTED ALLOCATION SECURITY GUARANTEE — PAYMENTIRRECOVABLE AND. TRANSFERABLE SKBDN M1799, AFTER SIGNING SPA + CI Q&Q PORT OF DISCHARGE SGS/PRODUCT Q&Q PASSPORT ANALYSIS REPORT ON BUYER EXPENSESN w * a BULIRAM PT, BUM! LINTAS MATARAM NON - NEGOTIABLE TTO PROCEDURE . Buyer sends ICPO with banking details such as POF/BCL and CIS, Copies passport and Company Profile and Legality. . Seller response with FCO to Buyer, and if Buyer and Seller already agreed, Seller will follow up with making Sales and Purchasing Agreement Draft. . Seller and Buyer enter into a Sales and Purchase Agreement for the expropriation of rights to the cargo loaded. After signing the Agreement with the Seller issue the following Partial POP documents to Buyer: a. Certificate of origin of product . Bill of Lading (BL) . Vessel q88 document s ao |. Cargo manifest o . Ullage report Vessel details |. Product passport (quantity & quality analytical report) . Payment invoice for ship to ship title transfer. zo . After the Buyer has verified all information/data of Partial POP and has been declared Complete and True by the Buyer, the Buyer Bank immediately issues Bank Guarantee Payment/SKBDN as 2% of the Total amount product to The Seller. After Bank Guarante Payment in confirmed by Seller’s Bank, Seller's Bank send PB 2% of Total Product to the Funder. Then Funder will make Allocation Security Guarantee Deposit Payment for Re-Routing Vessel as 2% via Bank Transfer as guarantee deposit and takeover of ship to ship title worth to Seller's Bank. Funder sends a copy of Payment to Seller via email, a maximum of 2 x 24 hours. As a guarantee if the cargo is not delivered to the final loading port by the Seller, then The Seller will be subject to a fine of 1% of the value of the cargo. And if the Buyer has not done payment after being given a POP Partial cargo document, the buyer will be subject to a fine 1% of the cargo value. 2BULIRAM PT, BUM! LINTAS MATARAM 7. After confirmation of payment, the Seller orders the ship's captain to sail to port of destination, the Seller will issue a full POP document of ownership of the goods to Buyer maximum within 5 x 24 hours. 8. The Buyer sends the Seller a copy of the location permit to the port of unloading. 9, After the product arrives at the port of destination, the Buyer performs a CIQ/SGS of the product, when the test results has been issued and declared in accordance with the document, the Buyer agrees to order the issuing Bank to make 100% Full Payment disbursement using MT103/ T/T Transfer to the Seller before start pumping. Funder’s Allocation Security Guarantee Deposit Payment for Re-Routing Vessel as 2% of Total Product will be replaced by Seller. 10.The seller pays all intermediaries involved in the transaction to be executed a maximum of 48 hours after confirmation of payment from the buyer and then applies according to the terms and conditions of SPA / NCNDA & IMFPA.BULIRAM PT, BUM! LINTAS MATARAM SPESIFICATIONS OF ULSD - 10 PPM / EURO 5 UNIT RESULT METHOD OF COMPONENT ANALYSIS MIN MAX Aspect Color Visual inspection Clear 1.0 ASTM D 1300 Flash Point EN1SO2719:2002 | C° 35 (1) Distillation: EN 1S0.3405:2000 | % vol 8502 20 + Recovered @ 150°C % vol %6vol 65,002) 2 Recovered i 250°C °C 360,0 2 Recovered « 350°C = Recovered at 95% Water content EN ISO 129372000 | mg/ke mg/kg 200 Total contamination ENISO 12662:2002 13 Copper strip corrosion (hr at 50°C) | EN ISO 2160: 1998 Ist Class CLOUD Point (summer) EN 23015:1994 ra Report 0 CLOUD Point (winter) rc Total acidity Ash content ASTM D974:2002 | mgKOH/g 03 Lubrieity, correct wear scar EN 1S0.6245:2002 weigh t pum opt Oxidation stability EN ISO 12156-1:2000 g/m3 460 ENISO 122051996 20 Polyciclic aromatic hydrocarbons | EN 12916:2001 Som/m 11,066) Biodiesel content (5) EN 14078:2003 % vol 45 70 Electrical conductivity (4) IP 274; ASTM 2624; | pS/m 50 180 6207 Density @ 15° EN 150 367598/EN | Kg/m3 820,0 8450 180 2185:96/C1:2001 Carbon residue EN ISO 10370:1995 % weight 035 (on 10% distillation residue) | Sulfur content EN ISO 20884:2004 mg/kg | 100 Viscosity @ 40 °C ENISO3104:1996 | mm2/s 2.00 450 CEP. (summer) @) EN 1161997 G 50,0 E CEPP. (winter) (3) #e a2 Cetane number Cetane index EN ISO 5165:1998 n° Index 510 EN ISO 4264:1996 460BULIRAM PT, BUM! LINTAS MATARAM BUYER'S BANK DETAILS. COMPANY NAME COMPANY ADDRESS : REPRESENTED BY COMPANY REG PHONE E-MAIL BANK NAME : BRANCH NAME BANK ADDRESS BANK PHONE/FAX NUMBER SWIFT CODE : ACCOUNT NAME BANK'S ACCOUNT NUMBER BANK'S OFFICER EMAIL BANK OFFICER SELLER’S BANK DETAILS. Bank Name BCA KCU KUNINGAN naacaanedl GEDUNG MENARA KARYA GROUND FLOOR JL. HR RASUNA. SAID BLOK X-5 KAV 1-2, DKI JAKARTA 12950 Bank Phone/Fax Number ++21.23588000 SWIFT Code CENAIDIA Account Name PT BUMI LINTAS MATARAM Bank’s Account Number 2170471205 (IDR), 2170471213 (USD) Email Bank Officer vega tobing@bca.co.idBULIRAM PT, BUM! LINTAS MATARAM WE HAVE READ THE TERMS AND CONDITIONS ABOVE AND WE ADMIT OUR ACCEPTANCE OF THE TERMS AND CONDITION STATED ABOVE TO MOVE AHEAD WITH THIS DEAL FOR THE PURCHASE OF ULSD - 10 PPM (EURO 5). CIQ/SGS IS BINDING IN THE CONTRACT/SPA, AND DIP TEST IS ACCEPTED BY BUYER AS FINAL QUALITY AND QUANTITY AT THE DISCHARGE PORT OF BUYER DESTINATION PORT. WE ONLY DEAL WITH READY AND GENUINE BUYER, SIGNED FOR OR ON BEHALF OF SIGNED FOR OR ON BEHALF OF SELLER BUYER PT. BUMI LINTAS MATARAM PT MUNASAR ENERGY PERSADA. DRA YONI ZAKARIA MARKETING DIRECTOR PRESIDENT DIRECTOR