15-Feb-2024

Dear Sarah Adein Paul,

OUTSTANDING LOAN – DEMAND NOTICE

The above subject refers.

We act as solicitors to Newedge Finance Limited the operators of NewCredit Loan App ("our Client"), on whose instruction we write to you as
follows:

Our Client informed us that pursuant to a loan agreement dated 15-Jan-2024, you took a loan in the sum of NGN 10,800.00 from our Client via its
NewCredit Loan App. According to the loan agreement, your repayment was due on 11-Feb-2024. It is our understanding that our Client has through
various messages and phone calls notified you of your overdue loan.

As of today, your total indebtedness to our Client is NGN 15,660.05 representing the outstanding principal loan, interest and default fee.

In view of the above, we hereby demand the payment of the sum of NGN 15,660.05 within 5 days of your receipt of this notice.

Kindly pay the above sum to our client's account details as follows:

Bank: WemaBank
Account Name: NewEdge-Sarah Adein Paul
Account Number: 9210625838

Please note that our Client will deem this dispute as amicably settled against you if the above sum is paid within 5 days. However, in the event of
your failure to make payment of the demanded sum within the specified timeframe, our Client shall take legal action against you to recover the
outstanding indebtedness.

Please call 02017001000 should you require further clarity.

We look forward to receiving from you soon.

Yours faithfully,

FOR: CHAYIL SOLICITORS

OLUFEMI, M.O

Partner

34, Olowu Street, Ikeja, Lagos

Legal practice with integrity