B.

094/ICPO/SCI-NIG/IV/2024

ISSUE DATE : 03/04/2024

EXPIRY DATE : 08/04/2024

IRREVOCABLE CORPORATE PURCHASE ORDER

To : NAWAT INTER GROUP CO.,LTD.

69/5 Phaholyothin Road Anusawari Bang Khen Bangkok 10220 Thailand
Attn. : Mr. Niwat Joomwong
Managing Director

We SHARK CAPITAL INVESTMENT, with registered in Indonesia and represented by Mr.

Freddy Friansyah, hereby state and represent that it is our corporate responsibility and
intention to purchase EN590 – 10PPM for the quantity, price and terms as set out below. This
representation is made with full legal responsibility of the above said buyer :

Commodity : Diesel Fuel EN590 – 10PPM

Republic of Kazakhstan/ AZERBAIJAN / Indonesia /
Origin :
Malaysia or any
Quantity : 100.000 MT
Delivery : Jurong, Singapore – TTT / STS
Price : $ 630 USD / MT
Contract Terms of Payment : MT103 / TT
B.094/ICPO/SCI-NIG/IV/2024

TRANSACTION PROCEDURE TITLE/TANKER TAKE OVER/ SHIP TO SHIP ASWP

1. Buyer issues Irrevocable Corporate Purchase Order (ICPO), Company registration
certificate with Guarantee Letter to take over title of the product.
2. Seller issue draft (MOU) agreement to Buyer counter-sign and return to seller.

3. Seller sends to Buyer the following documents for Buyer's confirmation.

a. Q88
b. Bill of Lading
c. Estimated Time of Arrival E.TA.
d. Q&Q Analysis Report.
e. Payment Invoice for Security guarantee/title transfer.
f. Cargo Manifest.

g. Certificate of Origin
4. Buyer confirms the goods documents and makes security guarantee deposit of
$200,000 for title transfer by T/T Wire Transfer within 2 banking days to seller
nominated fiduciary account, which shall be deducted from the total payment value of
the takeover Product.
5. Buyer/Seller authorizes shipping company to reroute the vessel to buyer's desired Port
If buyer needs to vessel to be rerouted from the current destination. Seller transfer title
at the appropriate governmental department to Buyer's name and releases a fresh
dated Dip-Test Authorization DTA, Authority to Board (ATB), and Authority to Verify
(ATV) to Buyer. Buyer orders SGS or Equivalent inspection team for Q&Q inspection.
6. Once Fully POP is allocated to the Buyer, Buyer verifications are satisfied, Buyer
deposits the Seller, After the Banking part is completed, the Seller contacts the
destination Port Authority, Shipping Agency Department known as SAD, and gets ETA
from the Vessel Captain. Once SAD and ETA are confirmed from Seller's end with SAD
completed by the vessel captain.
B.094/ICPO/SCI-NIG/IV/2024

7. Upon the vessel's arrival at the Buyer's destination port, the balance payment will be
made via MT103 TT after SGS is completed in destination location within immediately
before commodity discharge is initiated.
8. After receiving the balance payment, unloading should commence immediately to the
Buyer's tank.
9. Seller will release payments to the intermediaries involved within 48 hours of receiving
the Payment for the product from the Buyer's bank.

Note : This TTO price is 610usd/mt but there will be a deposit of 200,000usd / but if you
don't pay the deposit The price will be adjusted to 630 usd / mt because I have a
someone to pay the deposit on behalf of the buyer, so they increase the price of
the deposit on behalf of the buyer.

Sincerely yours,

Signed for,
SHARK CAPITAL INVESTMENT
FREDDY FRIANSYAH
OPERATION MANAGER
B.094/ICPO/SCI-NIG/IV/2024

CLIENT INFORMATION SHEET (CIS)

CLIENT
CLIENT NAME FREDDY FRIANSYAH
NATIONALITY INDONESIA
PASSPORT NUMBER E4191613
EXPIRED DATE 04 AUGUST 2033
DATE OF BIRTH 28 NOV 1972
TELP. NUMBER +628113458114
EMAIL operation@sharkcapital.co.id
COMPANY
COMPANY NAME PT. SHARK CAPITAL INVESTMENT
COMPANY ACTIVITY CAPITAL & INVESTMENT
Subco Spazio Suites Lt. 1 Unit 525 A Jl.
REGISTERED OFFICE Mayjen Yono Suwoyo, No. Kav. 3 Dukuh
Pakis, Surabaya
REGISTERED NO AHU-0178810.AHA.01.01
CITY OF REGISTRATION SURABAYA
COMPANY TEL. NUMBER +62 31-99898438
EMAIL info@sharkcapital.co.id

BANK OCBC NISP

Bank Name OCBC NISP
Account Numbers 056.800.01616.6
Account Name PT. Shark Capital Investment
Bank Branch Office Surabaya
Bank address Jl. Manyar Kertoarjo No. 61 Surabaya
Bank Telephone +62 31 99205575
SWIFT CODE NISPIDJAXXX
Bank Officer Fanny K. Pandanarum
Bank officer contact person +62 113409982
Email BO fanny.krisnawati@ocbc.com
Bank Officer Title Premier Banking Head
B.094/ICPO/SCI-NIG/IV/2024

APPENDIX 1 – BUYER PASSPORT COPY

B.094/ICPO/SCI-NIG/IV/2024

APPENDIX 2 –
PRODUCT SPECIFICATION FOR
EN590 – 10PPM

Property Test method Test Unit Guarantee Limit

Density at 15 0C kg/m3 820-845
Polycyclic aromatic hydrocarbons EN 12916 wt% B Max
Flash Point EN 2719 0C >55
Cold Filter Plugging Point CFPP EN 116 0C
Winter Grade -15 max
Summer Grade 5 max
Distillation EN ISO 3405
Recovered at 250C Vol% 65 max
Recovered at 350C Vol% 85 min
95% (Vol/Vol) Recovered at 0C 360 max
Sulphur EN ISO 20846 mg/kg 10 max
EN ISO 20884
Carbon Residue (on 10%residue) EN ISO 10370 wt% 0.30 max

Viscosity at 40C EN ISO 3104 Cst 2.0-4.5

Copper Strip Corrosion (3h a5 50C) EN ISO 2160 rating No.1 max
Fatty acid methyl ester (FAME) content EN 14078 Vol% 7.0 max
Cetane Number EN ISO 5161 51 min
EN 15195
Cetane Index EN ISO 4264 calculated 46 min
Water EN ISO 12937 mg/kg 200 max
Particulate Matter EN 12662 mg/kg 24 max
Oxidation Stability EN ISO 12205 g/m 25 ma
EN 15751 3h 20 x
min
Lubricity (wsd1,4) at 60C EN ISO Um 450 max
12156/1
B.094/ICPO/SCI-NIG/IV/2024

APPENDIX 3 – BUYER TRADE LICENSE