Certificate of registration of emphyteutic lease

INFORMATION ON THE LAND

UPI:3/06/01/02/3869 Surface area: 547 sqm Land use: Residential

Province : Western Cell : PERA

District : Rusizi Village : Murwa

Sector : BUGARAMA Lease period : 46 years starting from 11/05/2023

INFORMATION ON THE LESSEE

Names of the lessee (s) Number of Shares Names and address of the representative
identification (%)
document
1. NIYONZIMA JAPHET 1199680021520135 100.00 NIYONZIMA JAPHET (1199680021520135)

Western,Rusizi,BUGARAMA,PERA,Ituze

EXTRACT OF CADASTRAL PLAN

This electronic land title is valid only if the information recorded on it is reflecting the one in the national land registry which is accessible by
dialing *651” or browsing https://landinformation.lands.rw
CONTRACT OF EMPHYTEUTIC LEASE No 3869/RUS/BUG/PER/1

Pursuant to Law No 27/2021 of 10/06/2021 governing land, especially in Article 9;

The Republic of Rwanda, represented by the Registrar of Land Titles “the landowner” enters into a contract with the lessee (s) relating to the
contract of Emphyteutic lease on land as follow:

1. This contract concerns the land rights of emphyteutic lease for plot with UPI 3/06/01/02/3869

2. The duration of emphyteutic lease is 46 years renewable in accordance with relevant laws;

3. During the lease period, the lessee must maintain and improve the land and use it in accordance with the land use master plan and other
relevant laws;

4. The lessee has an obligation of exploiting a land in a productive way in accordance with the provisions of this contract and other relevant
laws. The lessee must comply with the land use and development master plan, rules and regulations applicable to land, take all necessary
measures to protect land, take all steps to prevent soil from erosion, pollution or waste, or obstruct the flow of water;

5. The lessee must take all necessary measures to keep boundary to neighboring land visible and shall not change them. The investor may not
change the land use without prior written authorization in accordance with laws and regulations governing land;

6. As long as the lessee observes and performs obligations contained in this contract, he/she has the right to possession and full enjoyment
of the land and production without any disturbance of the State or any person rightfully claiming through the State unless the laws provide
otherwise;

7. In case of joint ownership, the representative is not allowed to transfer the land rights through purchase, donation, exchange, rent,
mortgage, sublease or any other transfer without prior written consent of all the registered right holders on the land title. However, the
transfer of land rights jointly detained by spouses, is approved by both of them, even if one of the spouses is not registered on the land title;

8. For activities which require permit, the lessee must first get a prior written authorization from the competent authority;

9. The lessee cannot deny officers from the institution in charge of management of land or any person duly authorized entry into the land at
such time as may be reasonable to inspect the use of land and the compliance with the terms of relevant laws;

10. As long as the lessee observes the terms of this contract, he/she has the right to possession and full enjoyment of the land and all products
during the term of lease without any disturbance of the State or any person rightfully claiming through the State unless the laws provide
otherwise;

11. The lessee has right to transfer the land rights through purchase, donation, exchange, rent, mortgage, sublease or any other legal
transaction on the land;

12. The lessee must not obstruct underground activities or those in the space above his or her land when the activities are of public interest and
are done in accordance with relevant laws;

13. The lessee must pay land taxes and other charges, if any, payable with respect to the land in accordance with relevant laws;

14. The lessee receives fair and just compensation from the lessor or any other person duly authorised in case the activities of public interests
cause him/her any damage;

15. The lessor may terminate this contract, after issuing to the lessee a written notice of ninety (90) days, if the lessee has not complied with
the terms of contract and other relevant laws. However, the land owner cannot terminate the land ownership contract if the land owner has
provided reasonable grounds for not complying with the contract;

16. This lease contract can also be terminated by the lessee with a written notice of ninety (90) days, after providing to the lessor the
reasonable grounds;

Lessee representative For the Republic of Rwanda

NIYONZIMA JAPHET

11/05/2023 Registrar of Land Titles

This electronic land title is valid only if the information recorded on it is reflecting the one in the national land registry which is accessible by
dialing *651” or browsing https://landinformation.lands.rw