FULL CORPORATE OFFER

001/FCO/PAS-BOYIJUN/BB/270223

Date : March 2nd , 2023

To : WINNACLE PRIVATE, Ltd.
One74, # 501, TOWER 1 , NO. 174, SATHYADEV AVENUE. MRC
NAGAR, RA PURAM, CH – 28, INDIA
Attn : M/S Winnacle Private Ltd. – C hi ef Executive Officer
CC : Mr. Agung Harsono

Subject : Coal Supply

We, PT. PARASETIA ADADEN SINERGI, a company incorporated under the laws of
Indonesia, and having its registered office in Indonesia hereby state and represent that
is our intention to supply the commodity described below in accordance with the
International Commerce Law and Regulations, and we hereby confirm that we are
ready, willing and able to deliver the following as per the specification and in the
quantity of terms and condition as stated below. This representation is made with full
corporate authority and responsibility of the above.

The details of this offer including the terms and conditions is attached for your kind
consideration.

Commodity : INDONESIAN STEAM (NON-COKING) Crusher IN BULK.

Quantity : 50.000 MT per month ± 10%
Loading Jetty : Jetty at South Kalimantan, Indonesian
Port : Anchorage at South Kalimantan, Indonesia
Legality Document : IUP.OPK & ET -> PT. PARASETIA ADADEN SINERGI
IUP.OP -> CV. LESTARI
Technical specification

Specification Parameter Coal Typcal Rejection

Total Moisture AR 20 - 22% >30%
Inherent Moisture ADB 10 - 13 %
Ash Content ADB 12 % >18%
Volatile Matter ADB 43%
Fixed Carbon ADB 32 %
Total Sulfur ADB 0,8% >1,2% Max
GROSS CALORIFIC VALUE AD 5.800 Kcal/Kg <5,500 Kcal/Kg
HGI 48 - 52
Si Size 50-300mm
 Price : ICI 2 PER Metric Ton FOB Mother Vessel
Anccourage : Taboneo, South Kalimantan
Payment Terms : 100% irrevocable Transferable L/C at Sight, from Inter Prime Bank
Surveyor : SGS,CCIC
Loading Rate : 7.500 - 10.000 ± MT WPDSHINC
Laycan Schedule Time : 45 days after LC received

LAYCAN TO BE MUTUALLY AGREED.

PRE SHIPMENT REPORT WILL BE PROVIDED AFTER SIGNING CONTRACT.
PAST PERFORMANCE AND COMPANY DOCUMENTS ATTACHED (REGISTRATION
DOC, MINING DOC & EXPORT PERMIT DOC).
THIS OFFER VALID U N TILL 5 WO RKING DAYS.

Please send the draft contract and Confirmation detail scheduled contract.
Determination of Quantity & Quality shall be final and bound for both Buyer and Seller
at Loading Port by Independent licensed marine surveyor.

We are looking forward to hearing your favorably reply at your earliest convenience.

Sincerely Your,

FARID WIDYA MURTI

Director