PAYMENT GUARANTEE LETTER (PGL)

DATE:
AGREEMENT NUMBER:
TRANSACTION CODE:

TOTAL FACE VALUE: € X,000,000,000.00 (_______________________________Euros) WITH ROLLS & EXTENSION

FIRST TRANCHE: € XXX,000,000.00 (________________________________Euros) at the option of the Receiver / the Receiver to do the above entire Total
Face Value.

This Letter serves as notification that <RECEIVER COMPANY NAME> with COUNTRY PASSPORT No. _________________ with full legal and corporate
authority will honor the following on behalf of the “PARTNER” with regard to the Agreement with Transaction Code:

I, the undersigned <COMPANY AUTHORIZED REPRESENTATIVE> of <COMPANY NAME> authorized representative of (Business Reg. No. __________)
acting with full responsibility, hereby irrevocably and unconditionally, without protest or notification, without prejudice, recourse, or delay guarantee to pay the fees
entitled to the beneficiaries as listed in this document, via wire transfer at the time of settlement of each tranche of the transaction. This Fee Agreement is our
irrevocable pay order to the intermediaries and is and shall remain an intricate part of the Agreement between the Receiver and the Sender carrying the same
Transaction Code.

I AGREE TO THE PRESENT IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT (IMDPA) / PGL IN ITS
ENTIRETY.

This PGL is legally binding on all parties hereto, their principals, employees, representatives, agents and assigns in all countries of the world.

This PGL shall be lodged into both transaction banks together with the Contract, and a copy of it will be forwarded to each coordinating Master Paymaster by e-mail.

This PGL, once executed by both Parties, will become effective as of the date first written above. And any official notice(s) exchanged by the parties hereto, shall be
sent to the first mentioned address(s)and/or e-mail addresses provided herein or as may be attached by addendum hereto. A facsimile or electronically transmitted
copy of duly signed Agreement and PGL by both Parties shall be deemed original.

We do hereby irrevocably guarantee with full corporate responsibility and authority and, under penalty of applicable perjury laws of The United Kingdom to finalize
the payout within 24 Hour immediately after the above-mentioned amount will be credited in our account.

I, the undersigned <RECEIVER COMPANY NAME> and my legal representative, acting with full responsibility, hereby irrevocably and unconditionally, without
protest or notification, without prejudice, recourse, or delay guarantee to transfer Euros to the bank accounts designated as detailed in this Agreement. This transfer
will be made before any orders, agreements or arrangements of PARTNER come into effect.

This pay order shall remain in effect until this transaction, including any renewals, extensions, and additions, are fully completed.

Any disputes and questions whatsoever which arises between the parties to this agreement and touching on this agreement on the construction or application thereof or
any account cost, liability to be made hereunder or as to any act or way relating to this agreement shall be settled by the arbitration in accordance with the arbitration
laws of the ICC.

This Agreement contains the entire agreement and understanding concerning the subject matter hereof and supersedes and replaces all prior negotiations and proposed
agreements, written or oral. Neither of the parties may alter, amend, nor modify this agreement, except by an instrument in writing signed by both parties. This
agreement will be governed by and construed in accordance with the laws of The Republic of Singapore. In the event that either party shall be required to bring any
legal actions against the other in order to enforce any of the terms of this agreement the prevailing party shall be entitled to recover reasonable attorney fees and costs.

This Payment Guarantee Letter/Fee Agreement, if transmitted by facsimile or electronic mail shall be considered an original, legally enforceable document. Generally
recognized International Standards of Non- Circumvention and Non-disclosure are applicable for a period of five years from the date of this document or the last date
of the contract including any renewals, extensions and additions are fully completed and we agree to respect those.

We hereby declare that we are fully aware that the information received from you is in direct response to our request and is not in any way considered or intended to
be a solicitation of funds of any sort, or any type of offering, and is intended for our general knowledge only. We hereby affirm, under penalty of perjury, that we have
requested information from you and your organization by our choice and freewill, and further that you have not solicited us in any way. Intermediaries are not
Advisors of any kind.

Parties to this agreement are independent contractors and all contemplated payments and/or disbursements hereunder are divided interests. Nothing in this agreement
construes or creates a partnership or employer/employee relationship between or among the parties hereto. All taxes, federal, state, or other are the independent
responsibility of each of the parties hereto.

The above stated codes and any other identification codes shall remain the same and shall not be changed until this transaction including any renewals, extensions and
additions are fully completed and we agree to respect those. The transaction code may be amended only by agreement between all parties hereto. This transmission via
facsimile will be accepted as an original and I confirm that I have full legal authority to execute this Pay Order.

This Agreement will come into effect only after full money transfer as of the Agreement has taken place, and only after the asset manager, would have already made
the transfer related to the first Investment to the designated bank accounts will be transferred.
This Agreement shall be lodged in our bank and a copy will be forwarded to all beneficiaries. I agree to the above irrevocable Payment Guarantee Letter/Fee
Protection Agreement in its entirety.

This Agreement once executed by both parties will become effective as of the date first written above. Any official notice(s) exchanged by the parties hereto, shall be
sent to the first mentioned address(s) herein or as may be attached by addenda hereto and a facsimile or electronically transferred copy duly signed by both parties
shall be deemed original.

Once funds are received, I, <RECEIVER COMPANY NAME> on behalf of <COMPANY NAME> (Business Reg. _____________), with full corporate responsibility
of this Payment Guarantee letter (endorsed by Receivers Bank Officer) will irrevocably honor and guarantee your share of payment being as per the Irrevocable
Master Fee Protection Agreement, which is part of this PGL, hereby of the total investment as per the instruction made in this PGL in line with the above Investment
in our company. All transfer instructions shall state: “funds are clean and clear of non – criminal origin and are payable in cash immediately upon receipt by

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Party A Initial Party B Initial
 PAYMENT GUARANTEE LETTER (PGL)

DATE:
AGREEMENT NUMBER:
TRANSACTION CODE:

beneficiary’s bank, same day value.” We do hereby irrevocably guarantee with full corporate responsibility and authority and, under penalty of applicable perjury laws
of International Chamber of Commerce (ICC) in Geneva, Switzerland, that we take full guarantee for the payout within 24 Hours immediately after the above-
mentioned amount has been credited in our account.

DETAILS OF COMPULSARY PAYMENTS TO BE MADE FOLLOWING FUNDS RECEIPT BY <RECEIVER COMPANY NAME> REFERRED TO AS
(PARTY B):

1. PAYMENTS TO PARTY-A (FUNDS PROVIDER/INVESTOR): XX % (_______________ PERCENT) OF FACE VALUE WITH ROLLS AND
EXTENSIONS. BANK COORDINATES WHERE PAYMENT TO BE FORWARDED TO:

PAYMASTER NAME:
BANK NAME:
BANK ADDRESS:
BANK SWIFT CODE | BANK CODE:
BENEFICIARY ACCOUNT NAME:
BENEFICIARY ADDRESS:
BANK ACCOUNT NUMBER:
BANK OFFICER NAME:
BANK OFFICER TELEPHONE | FAX:
FOR FURTHER CREDIT:

2. PAYMENTS TO PARTY-A (FUNDS PROVIDER/INVESTOR): MANDATE/LAWYER/CONSULTANTS TO RECEIVE XX% (_________PERCENT) OF

FACE VALUE WITH R&E. BANK COORDINATES TO BE FORWARD TO:

PAYMASTER NAME:
BANK NAME:
BANK ADDRESS:
BANK SWIFT CODE | BANK CODE:
BENEFICIARY ACCOUNT NAME:
BENEFICIARY ADDRESS:
BANK ACCOUNT NUMBER:
BANK OFFICER NAME:
BANK OFFICER TELEPHONE | FAX:
FOR FURTHER CREDIT:

PAYMENTS TO BE MADE BY PARTY-B (FUNDS RECEIVER) FOLLOWING RECEIPT OF FUNDS FROM PARTY-A:

3. PARTY B: BANKNG DETAILS OF THE RECEIVER (PARTY B) FOR THE RECEIPT OF PAYMENTS FROM PARTY A. PARTY B TO RETAIN XX%
(__________ PERCENT) OF RECEIVED PAYMENT:

BANK NAME:
BANK ADDRESS:
SWIFT CODE:
ACCOUNT NUMBER:
BANK OFFICER NAME:
BANK OFFICER EMAIL:
BANK OFFICER TEL NO:
PIN, ABA ROUTING:
BANK ACCOUNT NAME
BENEFICIARY FOR:

4. PAYMASTER FOR THE BENEFIT OF APPLICABLE CONSULTANTS & INTERMEDIARIES – BANK DETAILS TO RECEIVE: XX% (____________
PERCENT) PAYMENT OF FACE VALUE INCLUDING ROLLS AND EXTENSIONS TO BE PAID TO:

BANK NAME:
BANK ADDRESS:
SWIFT CODE:
ACCOUNT NUMBER:
BANK OFFICER NAME:
BANK OFFICER EMAIL:
BANK OFFICER TEL NO:
PIN, ABA ROUTING:
BANK ACCOUNT NAME
BENEFICIARY FOR:

This PAYMENT GUARANTEE LETTER (PGL), once executed by both Parties, will become effective as of the date first written above. Any official notice (s)
exchanged by the parties hereto, shall be sent to the first mentioned address(s) and/or e-mail addresses provided herein or as may be attached by addenda hereto. A
facsimile or electronically transmitted copy of duly signed Agreement and PGL by both Parties shall be deemed original.

“SPECIAL CONDITION: FUND PROVIDER (PARTY A) MUST PROVIDE THE LATEST PROOF OF FUND/BANK STATEMENT UPON RECEIPT OF THIS
PAYMENT GUARANTEE LETTER (PGL) FAILING WHICH THE PARTNER (PARTY ONE) WILL REVOKE THIS PGL AND BECOME VOID”.

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Party A Initial Party B Initial
 PAYMENT GUARANTEE LETTER (PGL)

DATE:
AGREEMENT NUMBER:
TRANSACTION CODE:

SIGNATURE PAGE

STAMP AND SIGNATURE OF THE RECEIVER (PARTY B):

I, <RECEIVER NAME> on behalf of and under the position of the <DESIGNATION> of <COMPANY NAME>:

PASSPORT/NCRIC NO.:
DATE OF ISSUE:
DATE OF EXPIRY:
PLACE OF ISSUE:

STAMP AND SIGNATURE OF THE RECEIVER (PARTY A):

I, <SENDER NAME>, on behalf of and under the position of the POWER OF ATTORNEY of the company <COMPANY NAME>

PASSPORT/NCRIC NO.:
DATE OF ISSUE:
DATE OF EXPIRY:
PLACE OF ISSUE:

PASSPORT OF RECEIVER

PASSPORT OF SENDER

CERTIFICATE OF INCORPORATION (PARTY B)

END OF DOCUMENT

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Party A Initial Party B Initial