LETTER OF INTENT

To : PT BINTANG TANGGUH SEMBILAN

Attn : Mr. Herry Samsir

Position : Main Director

Dear Sir,
We, PT Sinergi Alam Eksporindo, hereby confirm that we engaged as a mediator. Our
company was established in Central Jakarta, Indonesia. Currently we have potential
Japanese buyer who is looking for a coal supplier.

Based on that, we want to have a collaboration, as your company is known as respected

coal trading & mining company, to provide our potential buyer needs.

Here’s the detail requests as followed:

1. Comodity: Steam coal in bulk

2. Quantity: Supply capacity should be more than 50,000 tons/month (single mine)
3. Payment : Full payment L/C at sight
4. Price : ICI
5. Specifications:
Parameter Limit of Range Reject

Ash Content Adb ≤8% >8%

Total Sulfur Adb ≤0.8% >0.8%

Gross Calorific Kcal/Kg arb ≥4,500 <4,500 Kcal/Kg

Value

HGI Index Points >48 ≤48

The documents that need to be prepared by the supplier are as follows:
1.Company profile (COMPRO)
2.Export list in the 2020-2023 period (List data of Month, Year, Total Volume Export and
Country’s Name)
3.Export license (ET) IUP OP
4.Latest Certificate of Sampling and Analysis (COA)
5. RKAB
6. Appointment Letter as Exclussive Trader from mining

Thus we convey this Letter of Intent (LOI). We are waiting for the FCO and other
documents required. We thank you for your attention and cooperation.

Jakarta, December 6th, 2023

Ummi Kamilah