Address: 3198, Europoort Rotterdam Havens Rotterdam

Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com

Тel: +31 635 259-218, Fax: +31 635 259-410

Contract Ref No: 550-33007505/TSA/TSR-FPA

ISSUED DATE: June 11th, 2023.

VALID FOR: (1 YEAR).

TANK STORAGE AGREEMENT

This Agreement is hereby entered into Between “GS STORAGE B.V” (Hereinafter referred to as the “LESSOR”) named subsequently as the keeper of
the under described Storage facility And “ ZZ DANISMANLIK INSAAT EMLAK TURIZM GIDA NAKLIYAT PETROL MEDIKAL ITHALAT IHRACAT
SANAYI VE TICARET A.S.” Address; İLKYERLEŞİM MAH. 2018 SOK. ATA SİT. ATA BLOK NO:1/35 YENİMAHALLE - YENİMAHALLE / ANKARA / TÜRKİYE.
Represented by: Zafer Bali (CEO); (Hereinafter referred” to as the “LESSEE”), named subsequently as the owner of the under described product.

This Agreement is for the initial storage of (DIESEL EN590 10PPM); 400,000 (MT) 3 Calendar Days (Fujairah UAE Port).

1. DEFINITIONS:

1.1. Lessor shall mean Abound Storage Tank Lessor.

1.2. Lessee shall mean the parties specified in the Storage Reservation Form.
1.3. Rental shall mean the monthly charge levied for the hiring of a unit.
1.4. Period shall mean one calendar month.
1.5. Unit shall mean a specific storage unit allocated to the lessee.
1.6. Lease shall mean the storage lease agreement.
1.7. Initial period shall mean the amount of days leased (calculated on a daily basis) before the start of a new calendarmonth.

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

2. RECORDAL
The lessor hereby lets to the lessee, who hereby hires from the lessor, for the period specified in the Storage Reservation form, the units (s) on the terms and
conditions as set out below.

3. DURATION
The lease shall be for the initial period and shall thereafter continue on a monthly basis until terminated by either of the parties as set out in
paragraph 7 below. The lease shall be for a minimum period of Three (3 Days).

4. RENTAL PAYMENT PROVISIONS

1. All rentals are payable in advance on or before the 3rd day of every Rental period or month in the manner prescribed by the lessor from
time to time.
2. After the expiry of the initial period, the lessor shall be entitled to vary the rental payable by giving the lessee no less than two calendar
days’ notice thereof.
3. All rentals shall be payable without deduction or set-off.
4. Rental period or month shall be levied on all arrear rentals calculated from the first day of each rental period or month to the date of
payment.

5. TARIFF PAYMENT AND DEMURRAGE

5.1 Payment for 1 day rented shall amount ($48,000 USD) daily and for (3 Days) will be ($144,000 USD) to be paid by lessee before
product injection to the tanks will commence, 48 hours after signing this agreement.

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

5.2 The Demurrage per day is ($48,000 USD) and note that the maximum days for the demurrage is 7 days and the payment must be
made within 48 hours of receiving the invoice from the Lessor.

5.3 The lessee will be allocated with the tank numbers indicated in point 16.6 of this agreement upon payment of the initial rentalfee.
5.4 The lessee shall have no veto right in the allocation of the unit by the lessor.

6 PAYMENT REFUNDABLE

6.1 If for any reason the Ex-Shore Tanks is not used for the Temporary Storage of the Petroleum Product by the Lessee for the Three (3)
Days period during the validated date of this Tank Storage Agreement, the Sum Total of the amount paid by the Lessee shall be refunded
back to the Lessee company.

7. MAINTENANCE OF THE UNIT

7.1 The lessee shall be responsible for the packing, storage and removal of his goods during the periodof the lease and upon termination
thereof.
7.2 The lessee shall maintain the unit in good order and condition, fair wear and tear excepted.

8 CANCELLATION

8.1 Each party may cancel this agreement by giving the other party written notice within upon such notice there will be no
further obligation on either parties’ part. If no such notice has been received, the parties will be deemed to have renewed the
lease for a further period.
8.2 Notwithstanding the foregoing, should the lessee fail to make payment of the rental by the 3rd day of the renewal period, the
lease shall be deemed to be cancelled with effect from the last day of the agreement.

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

9 SECURITY PROCEDURES

9.1 The lessor shall be responsible for the internal security of his own unit (s) and shall keep the unit locked under his own
lock and key which he shall at all times personally safeguard.
9.2 The lessor shall secure entry to and exit from the leased property by the provision of security measures at the lessor’s sole
discretion.
9.3 The lessee agrees to abide by the security procedures initiated by the lessor from time to time.
9.4 The lessor shall be obliged to allow any person who is in possession of the lessee’s personal key,entry to the unit on the
assumption that such person enters the unit upon the lessee’s authority.

10 INSURANCE

10.1 During the Term of this agreement, LESSOR/TANK FARM OWNER shall maintain, at its expense, property and liability
insurance coverage that are, in its good faith judgment, commercially reasonable and otherwise adequate for its ownership and operation
of the Tank Farm. The lessor will provide the lessee a full description of all coverage's, limits and exclusions associated with all insurance
policies covering the lessee's fuel.

10.2 The lessee shall not do or omit to do anything or keep in the unit anything or allow anything to be done or kept in the unit
any item of a perishable, flammable, explosive or illegal nature other than the (DIESEL) described in this contract.

11 LIMITATION OF THE LIABILITY OF THE LESSOR

11.1 The lessee shall be obliged to insure at his cost all items stored by him in the unit against all risks. LIMITATION OF THE LIABILITY OF
THELESSOR.

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

11.2 other than insurable coverage's The lessee shall not have any right, remedy or claim of any nature whatsoever against the lessor
for any loss, damage (whether general, special, consequential), expenses or injury, which may be suffered by the lessee directly or
indirectly, irrespective of whether such loss, damage, expense or injury shall have been caused through or as a result of the
negligence of the lessor or any of its employees, servants or agents, however this shall not apply to losses arising from gross
negligence not covered by insurance.

11.3 the lessee hereby indemnifies the lessor and holds it harmless against all/any claims arising from above unless covered by
insurance or the result of gross negligence.

12 CESSION AND SUB-LEASE

The lessee shall not sell, cede, transfer, pledge or otherwise alienate any of his rights under this agreement, nor shall the lessee sublet the unit or any
portion thereof without the consent of the lessor.

13 BREACH

13.1 Should the lessee fail, refuse and/or neglect to pay the rental, the lease shall be deemed to be cancelled with
effect from the end of such month.
13.2 The lessor shall be entitled to institute a claim for any damages it may have suffered as a result ofthe lessee’s breach.
13.3 The lessor shall be entitled upon 3 (Three) days registered notice to enter the unit, to seize any items found
therein and to dispose of such items in settlement of arrear rentals and damages.
13.4 In the event of any legal proceedings to be instituted by the lessor against the lessee, the lessee shall be liable
for the lessor’s legal costs, including collection charges, on the scale as between attorney and own client
13.5 A Further administration cost of ($1,000,000.00 USD) together with our agent’s costs will automatically be
levied on serving 3 (Three) days registered notice.

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

14. NOTICES

14.1 All notices shall be sent by pre-paid registered post to the parties’ domicilia citandi etexecutandi.
14.2 The said notices shall be deemed to have been received 7 days after dispatch thereof.

15 DOMICILIA CITANDI ET EXECUTANDI

15.1 The parties hereby choose the under mentioned addresses as their respective domicilia citandi et executandi for the service of
all notices in terms of this agreement, namely:

15.2 This agreement forms the sole memorial of the agreement between the parties and supersedes any prior agreement between the
parties in respect of the unit(s) specified in the Storage Reservation form.

15.3 No variation, amendment, modification or alteration shall be of any force or effect unless reduced to writing and signed by the
parties.

15.4 No representation by any of the parties has been made unless recorded herein, which induced the parties into concluding this
agreement.
15.5 The lessee warrants the information relating to HE/SHE in the Storage Reservation form as being true and correct
according to the Fujairah UAE Government Port Policy.

16. TANKS INFORMATION

16.3 Tank(s) Location: The Storage Tanks are located at (Fujairah UAE Port) with its GPS coordinates to be given upon final storage
lease process.
16.4 Tank(s) Type: The Storage Tanks Are Epoxy Coated and Sealed for storage of (DIESEL).
16.5 Tank(s) Capacity: The storage Tank has a maximum capacity of 800,000 MT. for the Tank stated below; (400,000) MT
approximately.
16.6 Tank Number (s): The storage tank numbers for the 400,000 MT of (EN590) shall be advise on the Tank Storage Receipt (TSR).

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

LESSOR COMPANY DETAILS:

“GS STORAGE B.V”
Represented by: Mr. Christopher Logan

Title: (STORAGE BOOKING DIRECTOR)

Tel: +31 635 259-218

Email: storage@gsstorage.nl

Address: 3198, Europoort Rotterdam Havens Rotterdam Nederland.

Official Signature and Seal:

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V

 Address: 3198, Europoort Rotterdam Havens Rotterdam
Emails: info@gsstorage.nl, storage@gsstorage.nl, gsstoragebv.trading@gmail.com
Тel: +31 635 259-218, Fax: +31 635 259-410

LESSEE COMPANY DETAILS:

Company Name: ZZ DANISMANLIK INSAAT EMLAK TURIZM GIDA NAKLIYAT PETROL MEDIKAL ITHALAT IHRACAT SANAYI VE TICARET A.S.

Represented by: ZAFER BALI

Title: CEO

Tel: +90 543 348 04 14

Email: info@zzdisticaretas.com

Address: ILKYERLESIM MAH.2018 SOK ATA SITESI. NO35 YENIMAHALLE/ ANKARA/TURKIYE

Official Signature and Seal:

CHAMBER OF COMMERCE NUMBER: KVK 34268830 © GS STORAGE B. V