PT.

HARTA BUMI INTERNASIONAL

FCO No : HBI/FCO/RAFAKO/09/22 Jakarta, 6 September 2022

To : RAFAKO S.A. Poland
Attn : Lukasz Holubowski, Executive Director

FULL CORPORATE OFFER

We, PT.HARTA BUMI INTERNASIONAL., a company registered according to the law of Republic of Indonesia,
hereby with full corporate authority and legal responsibility are ready, willing and accept to supply Indonesia Steam Coal
in Bulk Coal at Grade Gross Calorific Value (ARB) 5,600- 5,400 kcal/kg from South Kalimantan, Indonesia meeting the
specifications, terms and conditions a provided below.

COMMODITY : Indonesia Steam Coal

COAL GRADE : SINGLE COAL - Gross Calorific Value (ARB) 5,600- 5,400 kcal/kg
ORIGIN : South Kalimantan, Indonesia
UNIT PRICE : $ 151,67 USD/MT FOB MV, based on GCV (ARB) 5,600 kcal/kg
Remaks : unit price to be finalised & fixed prior to contract signing
QUANTITY : 1 x 50,000 MT Geared Mother Vessel Shipment, ± 10% quantity tolerance
LOADING PORT : Taboneo Anchorage, South Kalimantan, Indonesia
PAYMENT TERMS : Advanced Payment 10% by T/T + 90% Irrevocable Letter of Credit At Sight
issued by International Prime Bank and must be acceptable by our Bank
(Bank Mandiri)
LAYCAN : Generally within 25 – 35 days after receiving and acceptance of L/C
SURVEYOR : Registered Independent Surveyor accepted and recognized by The
Ministry of Energy and Mineral Resources Indonesia
VALIDITY : This FCO is valid for 7 working day only

Parameter in ASTM/ISO Standard Basis Typical Level Rejection / Penalty

Penalty if < 5,200 kcal/kg
Gross Calorific Value (kcal/kg) ARB 5,600 – 5,400 kcal/kg
Rejection if < 5,000 kcal/kg
Total Moisture (%) ARB 16 – 18 % Penalty if >20 %
Inherent Moisture (%) ADB 10 – 12% approx. No Penalty, No Rejection
Ash Content (%) ADB 20% - 25% Penalty if>26%
Volatile Matter (%) ADB 35 – 45% approx. No Penalty, No Rejection
Fixed Carbon ADB By difference No Penalty, No Rejection
Sulphur Content (%) ADB 0.29 – 1.0% Penalty if>1.0%
HGI Index 45 – 60 No Penalty, No Rejection
Coal Size 0-50mm (%) - Min 90% No Penalty, No Rejection

Best Regards,

Phuah Ah Siew
(Director)

Citra Tower, Towers Utara Lt. 10 Unit J. Jl.Benyamin Sueb Kav. A6,
Kel. Kebon Kosong, Kec. Kemayoran, Jakarta Pusar 10630