CERTIFICATE OF

ANALYSIS
Barge / Tug Boat : BG. MARINE POWER 3028 / TB. KIETRANS 23
Quantity : 7,513.489 Metric Tonnes
Shipper : PT. ENERGY CAHAYA INDUSTRITAMA
QQ PT. GLOBAL ENERGI LESTARI
JL. SM AMIN NO 11/8A DELIMA, TAMPAN
Consignee : PT. PINDO DELI PULP PAPER MILS
Notify Addres : PT. PINDO DELI PULP PAPER MILS
SINAR MAS LAND PLAZA MENARA 2 LT 9 JL. M.H THAMRIN NO 51 JAKARTA 10350
Port of Loading : Jetty Nuansacipta Coal Investment, Bantuas-Palaran, East Kalimantan
Port of Discharge : Jetty Marunda
Description of Goods : INDONESIA STEAM COAL IN BULK
Date of Inspection : March 2 - 5, 2023
That upon the request of principals, we carried out sampling and analysis of the above shipment,since no precision can be method of sampling. PT.
Indo Borneo Insepski Services will not held responsibility for any descripancies in the resampling and or analysis of result obtained, Sample
Preparation. Testing and Analysis were performed at PT. Indo Borneo Inspeksi Services in Samarinda in accordance with ASTM Standart Methods,
with the following result.

ANALYSIS RESULT :
Total Moisture ( As Received Basis ) : 42.91 pct ASTM D 3302
Inherent Moisture ( Air Dried Basis ) : 17.88 pct ASTM D 3173
Ash Content ( Air Dried Basis ) : 14.29 pct ASTM D 3174
Volatile Matter ( Air Dried Basis ) : 35.50 pct ASTM D 3175
Fixed Carbon ( Air Dried Basis ) : 32.33 pct Calculated
Sulphur Content ( Air Dried Basis ) : 1.22 pct ASTM D 4239
Gross Calorific Value ( Air Dried Basis ) : 4219 kcal/kg ASTM D 5865
Gross Calorific Value ( As Received Basis ) : 2933 kcal/kg ASTM D 5865
Grindability (HGI) Index : 52 points ASTM D 409
Size : 92.40 pct ASTM D 4249

Signed for and on behalf of Date : March 8, 2023

PT. Indo Borneo Inspeksi Services Job. No : Cert.001/8/3/2023-0172

Heruman
Ast. Manager Laboratorium
:
This report resfects our finding at time and place of inspection and does not refer to any other matter. This report is issued without prejudice
and on the understanding that it does not relieve parties from their contractual obligations. All inspection covered in this report have been
carried out to the best of our knowledge and ability and in accordance with practice and standard generally accepted in trade. Our responsibility
is limited to the exercise of reasonable care and due dilligence.
CERTIFICATE OF
WEIGHT
Barge / Tug Boat : BG. MARINE POWER 3028 / TB. KIETRANS 23

Quantity : 7,513.489 Metric Tonnes

Shipper : PT. ENERGY CAHAYA INDUSTRITAMA

QQ PT. GLOBAL ENERGI LESTARI
JL. SM AMIN NO 11/8A DELIMA, TAMPAN

Consignee : PT. PINDO DELI PULP PAPER MILS

Notify Addres : PT. PINDO DELI PULP PAPER MILS

SINAR MAS LAND PLAZA MENARA 2 LT 9 JL. M.H THAMRIN NO 51 JAKARTA 10350

Port of Loading : Jetty Nuansacipta Coal Investment, Bantuas-Palaran, East Kalimantan

Port of Discharge : Jetty Marunda

Description of Goods : INDONESIA STEAM COAL IN BULK

Date of Inspection : March 2 - 5, 2023

This draft survey was done with the Chief Officer of the said tug boat in attendance. From the figures obtained by means of the barge's
draft checked at the time initial and final draft surveys it was conclude that the total weight of cargo loaded on board the above
barge, proved to be :

7,513.489 Metric Tonnes

Signed for and on behalf of ISSUED BY INDEPENDENT SURVEYOR AT LOADING PORT

PT. Indo Borneo Inspeksi Services Date : March 8, 2023
Job. No : Cert.001/8/3/2023-0172

Abriansyah
Manager Operasinal
:
 CERTIFICATE OF
DRAUGHT SURVEY
Barge / Tug Boat : BG. MARINE POWER 3028 / TB. KIETRANS 23
Quantity : 7,513.489 Metric Tonnes
Shipper : PT. ENERGY CAHAYA INDUSTRITAMA
QQ PT. GLOBAL ENERGI LESTARI
JL. SM AMIN NO 11/8A DELIMA, TAMPAN
Consignee : PT. PINDO DELI PULP PAPER MILS
Notify Addres : PT. PINDO DELI PULP PAPER MILS
SINAR MAS LAND PLAZA MENARA 2 LT 9 JL. M.H THAMRIN NO 51 JAKARTA 10350
Port of Loading : Jetty Nuansacipta Coal Investment, Bantuas-Palaran, East Kalimantan
Port of Discharge : Jetty Marunda
Description of Goods : INDONESIA STEAM COAL IN BULK
Date of Inspection : March 2 - 5, 2023

INITIAL FINAL

1 a Forward Draft, Means 0.840 m 4.245 m

b Stern Correction - m - m
c Corrected 0.840 m 4.245 m
2 a After Draft, Means 0.660 m 4.820 m
b Stern Correction - m - m
c Corrected 0.660 m 4.820 m
3 a Midship Draft, Means - m - m
b Midship Correction - m - m
c Corrected - m - m
4 Mean Forward & Aft 0.750 m 4.533 m
5 Means of Means 0.7500 m 4.5325 m
6 Quarter Means 0.75000 m 4.53250 m
7 Displacement 1,258.000 mt 8,982.500 mt
8 a Trim -0.180 m 0.575 m
b Trim Correction - mt - mt
Displacement Corrected for Trim 1,258.000 mt 8,982.500 mt
9 a Observed Density 0.997 kg/l 0.997 kg/l
b Density Correction -34.365 mt -245.376 mt
c Displacement Corrected for Density 1,223.635 mt 8,737.124 mt
10 Total Deductible Weight - mt - mt
11 Net Displacement 1223.6350 mt 8737.1240 mt

TOTAL CARGO LOADED/DISCHARGED 7,513.489 MT

Signed for and on behalf of ISSUED BY INDEPENDENT SURVEYOR AT LOADING PORT

PT. Indo Borneo Inspeksi Services Date : March 8, 2023
Job. No : Cert.001/8/3/2023-0172

Abriansyah
Manager Operasinal