1155 Dairy Ashford Rd.

, Suite 425
Houston, Texas 77079

FOUR YEARS CONTRACT SUPPLY AGREEMENT

This contract supply agreement ("Agreement") is made effective on the 10th day of FEBRUARY, 2024 between
Evolution Petroleum Corporation ("Buyer") and MOHCINE EL BOUKILI, including his assignees and/or successor-in-
title ("Contractor"). Buyer and Contractor may be collectively referred to as the "Parties".
1. RECITAL
A. Evolution Petroleum Corporation offered to award out a contract for supply of DILUENT ADHESIVE SOLUTION
(DPs) AND MOHCINE EL BOUKILI, agreed to handle this contract for the supply of DILUENT ADHESIVE
SOLUTION (DPs) with the parties agreeing to act in utmost good faith.

B. The parties agree that they will at all times during the continuance of this agreement enforce the observance and
performance of the terms and conditions set forth below:

2. CONTRACT TERMS

A. Upon approval of product specification data by the buyer, or buyer's designated agent, the contractor shall send
a product sample with such product sample size of 200 liters and not to exceed 1000 liters (the "Sample") to
Buyer, or Buyer's designated agent, for product testing and verification.

B. The sample will go through a testing and verification process and if the sample passes the testing and verification
process. Buyer shall immediately reimburse contractor's the first supplied product presented as sample according
to the quantity (as set forth above) supplied plus USD$ 2.00 commission price per liter, 50% up-front payment for
mobilizing the purchase of the 30,000 liters and a service fee of Three Hundred and Fifty Thousand United States
Dollar (USD$ 350,000.00) to facilitate the contractor establishment of an office in any country of this choice or
home country ("Establishment Fee").

NOTE:
i. If your product specification data sheet is approved by our company Evolution Petroleum Corporation and your
product sample also passes the test, this contract will be officially awarded to you as our company will
reimburse you for your total cost alongside all benefit and entitlement due for you which includes your office
establishment fee.

ii. If your product specification data sheet is approved by our company Evolution Petroleum Corporation, and
your product sample fail the test, our company will only reimburse you for your total cost of your sample. But
you will not be awarded this contract as all benefit and entitlement attached to this contract will not be given
to you.

iii. If you product specification data sheet is disapproved by our company Evolution Petroleum Corporation, then
your product sample will also be disapproved and our company will not be held responsible for any
reimbursement and cost whatever.

C. Upon receiving the fees as set forth above by the contractor, the buyer shall officially invite the contractor for the
official signing of the contract, hard copy and legalization at US Notary Office, Full payment for the supply of One
Hundred and fifty (150) drums (30,000 liters).

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D. Contractor will bear the initial cost of the sample and buyer will reimburse/refund contractor as set forth above.

E. The sample cost plus the $2 USD commission price per liter and Three Hundred and Fifty Thousand United States
Dollar ($350,000.00) will be paid to contractor via 100% TT bank transfer/Wire Transfer or Bank Draft (as requested
by the contractor) immediately upon delivery of the product sample and confirmation as set forth above.

F. If the buyer approves the product specification data presented by the contractor and the sample didn't pass the
final test. Buyer shall go on three (3) working days investigation on the production source before refunding/
reimbursing the contractor the sample according to the quantity supplied cost of the product plus $2 USD
commission on each liter only.

G. Buyer will invite contractor to USA (Headquarter) upon approval of his/her product sample and Buyer agrees to
pay for Contractor's Visa Fee, Flight Ticket and Accommodation during his stay.

3. PAYMENT AND COMMISSION

A. The Establishment Fee will be paid to the contractor as set forth above as soon as the sample is confirmed
authentic to the contractor's nominated account via %100 TT bank transfer/Wire Transfer or Bank Draft.

B. The price charged to the buyer for the Supply Order will be the cost to the contractor of the Supply Order plus
$2.00 USD per liter (the "Commission").

C. The total product cost of the Supply Order and Commission will be paid by the Buyer to the contractor upon
confirmation of the authenticity of the sample.

D. Buyer requires contractor's assistance to supply 30,000 liters (150 drums at 200 liters per drums) per month for
four (4) years. Contractor's monthly salary will be $130,000.00 as monthly salary (Note that our company will
increase yours salary by 10% monthly)

E. Contractor is being contracted to ensure that a company delivers DILUENT ADHESIVE SOLUTION (DPs) in the
quality and quantity desired at the agreed time. Contractor will act as an authorized person for the buyer in the
acquisition of DILUENT ADHESIVE SOLUTION (DPs) to be delivered to the US or other port designated by the
buyer. Contractor will inspect the DILUENT ADHESIVE SOLUTION (DPs) at the manufacturer's factory.

F. Buyer agrees to pay a flight allowance for travel from Contractor's home location/established agent office to the
location of manufacturer of the DILUENT ADHESIVE SOLUTION (DPs) during the contractor's monthly
inspection.

G. Buyer agrees to provide and pay for the contractor's accommodation allowance in any country or his home
country which contractor will present his landlord invoice to cover the cost of his choice house for 4 years lease/
rent.

H. Buyer agrees to provide the contractor with an official vehicle in the form of a Newest 2021 Toyota Land Cruiser.

4. RESPONSIBILITIES
A. Each party to this Agreement is responsible for the fulfillment of its own responsibilities both financial and
otherwise. Buyer is not allowed to transfer its rights and obligation under this Agreement to any.

B. Third-party without written consent of the contractor. Contractor is allowed to assign his rights under this
agreement to the entity created by the Establishment Fee and no future assignment or transfer of contractor's
right under this agreement will be allowed without written consent of the buyer. All amendments and agenda
to this agreement are valid only if made in writing and signed by authorized signatories of the parties to this
agreement.

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C. This agreement will be governed according to the United Nations Convention on contracts for the International
Sale of Goods of 1980. Any dispute arising under the agreement will be resolved by arbitration per the arbitration
regulations of American International Chamber of Commerce.

D. The American International Chamber of Commerce arbitration decision will be final for buyer and contractor.

5. FORCE MAJEURE

A. The parties are released from responsibility for partial or complete non-fulfillment of their obligations and
liabilities under the present contract in case of unforeseen circumstances.

B. The force majeure circumstances that arise after concluding the agreement include the following: fire,
natural disaster, war, military operations of any character, blockage, and other circumstances over
which the parties have no control (the "Circumstances").

C. The party that cannot perform its obligation as set forth above, is to notify the other party in writing
whether by facsimile, electronic mail, courier, regular or certified mail or other form of writing within
seven (7) working days from the start of such circumstances.

D. Failure to notify, or untimely notification, with regard to circumstances relieves the party of the right to
refer to any of the circumstances as a reason relieving that party from liability for non-performance of an
obligation under the agreement.

E. The time period for performance of the obligations under this agreement will correspondingly be
extended during the time period when circumstances exist which prohibit fulfillment of the obligations
under this agreement.

6. MULTIPLE ORIGINALS.
This agreement may exist in the form of duplicate originals. IN WITNESS WHEREOF the parties have hereunto set
their hands as of the effective date of this agreement set forth above.

CONTRACTOR:
Approved by: Mr Robert S. Herlin
Chairman and co-founder
Company name: Evolution Petroleum Corporation

Kelly W. Loyd Myra Coleman Bierria

Chairman of investment committee Chairman of sustainability committee

J.Mark Bunch Ryan Stash

Chief Operating Officer Senior Vice President,
Chief financial officer and Treasurer

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 1155 Dairy Ashford Rd., Suite 425
Houston, Texas 77079

MONEY BACK GUARANTEE ASSURANCE

In Accordance with the MEMORANDUM OF UNDERSTANDING (MOU)

Upon approval of product specification data by the Buyer or Buyer's designated agent, the contractor shall send a
product sample such product sample size of 200 liters and not to exceed 1000 liters (the "Sample") to Buyer or
Buyer's designated agent for product testing and verification.

The Sample will go through testing and verification process and if the Sample passes the testing and verification
process. Buyer shall immediately reimburse/pay back to the contractor's first supplied product presented as sample
according to the quantity (as set forth above) supplied.

If samples is confirmed authentic or not, that is passing or not passing the testing analysis.

The total product cost of the Supply Order, Establishment Fee and Commission will be paid by Buyer to Contractor
upon confirmation of the authenticity of the sample.

The Contractor's nominated account will be paid via 100% TT bank transfer/Wire Transfer or Bank Draft (as requested
by the Contractor) immediately upon delivery of the product sample.

Each party to this agreement is responsible for the fulfillment of its own responsibilities both financial and otherwise.
Buyer is not allowed to transfer its rights and obligations under this agreement to any third-party without written
consent of the contractor.

Approved by: Mr Robert S. Herlin

Chairman and co-founder
Ryan Stash Company name: Evolution Petroleum Corporation
Senior Vice President,
Chief financial officer and Treasurer

CONTRACTOR

DAVID DESAUTELS
Executive Vice President of Corporate Development
(LEGAL DEPARTMENT)

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