STEAM COAL SALE CONTRACT

Contract Date : 28-03-2022

Contract Number : 001/MAM-HNSCP/GAR-XX/III/2022

SELLER
Company : PT. MURI ANUGERAH MANDIRI
Company Address : TREE PARK CITY APARTMENT No.01
Jl. MH. Thamrin No.07, Cikokol
Tangerang, 15117, Banten, Indonesia
Tel/Fax :
E-mail :
Authorized Person : FARRAH RANI SHALLE

BUYER :
Company : HUANENG SUPPLY CHAIN PLATFORM TECHNOLOGY CO.LTD
Company Address :
Tel/Fax :
E-mail :
Authorized Person :

Seller and Buyer are hereinafter jointly referred to as the “Parties” and
individually as a “Party”.

The Seller agrees to sell and the Buyer agrees to buy and take delivery of
coal in the quantity, quality, at the price and otherwise on the terms and
conditions stated in this Contract. The Contract shall take effect on the
Contract Date specified above.

1. COMMODITY
Indonesian steam coal (“Coal”) in bulk of the origin specified in
clause 3 below and in accordance with the quality specifications set
out in clause 8.

2. QUANTITY
50,000 metric tonnes plus or minus 10 percent at Seller’s option.
3. ORIGIN & MINER
South Kalimantan, Indonesia

4. PACKING
In bulk.

5. PRICE
USD 106 per metric ton (“Based on ICI Price”), FOB MOTHER VESSEL in
MUARA TABONEO ANCHORAGE, SOUTH KALIMANTAN, INDONESIA (the “Discharging
Port”), basis 3,800 Kcal/kg Net Calorific Value (“NCV”) As Received
Basic.

6. ETA AT DISCHARGING PORT

“35 DAYS FORM LC OPENING DAY”, ETA no later than XX-XXX-XXXX.

7. DELIVERY TERMS
FOB MOTHER VESSEL at MUARA TABONEO ANCHORAGE South Kalimantan,
Indonesia, with DISCHARGING RATE 12,000 MT per day.

8. QUALITY
8.1. The Coal shall meet the following typical specifications as per
ISO standard method.
Parameters Typical Rejection
Total Moisture (As received 36 % > 38%

Inherent Moisture (Air dried 12%

Ash Content (Air dried basis 6 % > 8 %
8.2.
Volatile Matter (Air dried 35%-45%
The
Fixed Carbon (Air dried basis By difference
Total Sulphur (Air dried basis 0.4 % >0.6%
Net Calorific Value (AR) 3,800 Kcal/Kg <3,600 Kcal/Kg

Size (0-50 mm) 90% min

HGI 45-50

Ash Fusion Temperature – ST >1150 C

SIZE 0-1 MM By difference

SIZE 0-10 MM By difference

following trace elements specifications (TE) basis GB Standards.
Parameters Typical Rejection limit
Mercury (Hg) GB >0.6µg/g
 Arsenic (As) GB >80µg/g
Phosphorous (P) GB >0.15%
Chlorine (CL) GB >0.3%
Fluorine (F) GB >200µg/g

8.3. Additional Certificate of Sampling and analysis for the following

specification shall be in accordance with ISO standards.
PARAMETERS BASIS TYPICAL VALUE
Gross Calorific Value MAF As Tested

Gross Calorific Value ADB As Tested

Gross Calorific Value MMMF As Tested

Volatile Matter DAF As Tested

Volatile Matter DMMF As Tested

Volatile Matter MMMF As Tested

Ash Content DB As Tested

Total Sulphur DB As Tested

Transmittance/Photo As Tested
permeability

Radioactive Detection As Tested

G Index As Tested

Y Index As Tested

Full Ash Analysis As Tested

9. PRICE ADJUSTMENT FOR QUALITY

If the Net Calorific Value (NCV) on as received basis (ARB) of the
Coal, as determined by the independent inspection authority, is more
or less than 3800 Kcal/kg but within the rejection limit, the FOB
final price shall be adjusted by the following formula:

Adjusted price = Actual Ncv * BASE PRICE / 3800.

10. PAYMENT TERMS

The Buyer herewith agrees to pay the seller as follows:
 Base price is USD 106 per MT, 3800 Kcal/kg NCV As Received Basis, FOB
MOTHER VESSEL AT MUARA TABONEO ANCHORAGE, SOUTH KALIMANTAN.

10.1. The Buyer shall make payment to the Seller by a Usance Payable,
irrevocable, at sight Letter of Credit (“L/C”) established for
100% of the cargo value issued in a form acceptable to the
Seller by a first-class international bank, seven days after the
contract signed.

10.2. The payment for 90% of total payable amount shall be made when
the goods complete loading at the mother vessel and Seller
submit the required documents based on loading port analysis per
Article 11.2; Balance payment 10% will be made based on the
certificated of CCIC or its branch, at discharging port per
Article 11.3.

10.3. L/C Applicant : PT. MURI ANUGERAH MANDIRI

Advising Bank :
SWIFT Code :
Bank Address :
Account No. :

10.4. If Seller does not deliver the entire cargo after 45 days of L/C
issuing date, the Buyer and the Seller unconditionally agree to
cancel L/C, and actively cooperate with the relevant process of
L/C cancellation and Seller should pay Buyer’s directly loss.

11. PAYMENT
11.1. Payment should be made upon the goods complete loading at the
mother vessel against the following shipping documents in
strict compliance with L/C terms and conditions presented within
the validity of this Letter of Credit.

11.2. First drawing: Provisional payment for 90% of FOB MOTHER VESSEL
Total Goods value is payable against presentation of
beneficiary’s drafts and the following documents:
a. Beneficiary’s provisional invoices, in 3 originals and 3
copies, indicating base price, adjusted price (if any) and
95% of the total payable amount based on the Certificate of
 Sampling and Analysis and Certificate of Weight both issued
by PT. ANINDYA at loading port.
b. Full set (3/3) original plus 3 non-negotiable copies of clean
on board bills of lading, made out to order and blank
endorsed and marked “freight payable as per charter party''
and notify "Hua Neng Supply Chain Platform Technology Co.,
Ltd. No. 11, Qiu Hai Road, Longhua District, Haikou, Hainan”,
indicating “PT. MURI ANUGERAH MANDIRI” as Shipper.
c. Certificate of Sampling and Analysis, in 1 original and 3
copies, issued by PT. ANINDYA at loading port.
d. Certificate of Sampling and Analysis for Parameters Affecting
Environment, in 1 original and 3 copies, issued by PT.
ANINDYA at loading port.
e. Certificate of Weight, in 1 original and 3 copies, issued by
PT. ANINDYA at loading port.
f. Draft Survey Report, in 1 original and 3 copies, issued by
PT. ANINDYA at loading port.
g. One (1) Original and One (1) triplicate of the Certificate of
Origin (Form E Format) based on the ASEAN CHINA FREE TRADE AREA
PREFERENTIAL TARIFF policy authorized by the Ministry of
Industry and Trade of the Republic of Indonesia or any
relevant Government Authority in Indonesia.

11.3. Second Drawing: for balance payment between the final commercial
invoice value based on the certificated of PT. ANINDYA at
discharge port and 10% of FOB MV total payable amount made for
first payment, is payable against presentation of beneficiary
drafts and following documents.

a. Final commercial invoice issued by the Seller / beneficiary,

in 3 originals and 3 copies, indicating contract No.,
performing vessel and B/L No., base price, adjusted price (if
any) and balance payment of the total payable amount based on
the Certificate of Inspection and Certificate of Weight both
issued by PT. ANINDYA at discharging port MUARA TABONEO, SOUTH
KALIMANTAN.
b. Certificate of Inspection, in 1 original and 3 copies, issued
by PT. ANINDYA at discharging port MUARA TABONEO, SOUTH
KALIMANTAN.
 c. Certificate of Weight, in 1 original and 3 copies, issued by
PT. ANINDYA at discharging port MUARA TABONEO, SOUTH
KALIMANTAN.

11.4. IF BALANCE PAYMENT BASE DISCHARGE PORT IS NEGATIVE, SELLER SHOULD

TT SUCH AMOUNT TO BUYER IN 3 WORKING DAYS.

11.5. Outside of the L/C presentation, Seller shall courier

the following documents to Notify Party stated in the L/C, within
10 working days after the completion of loading:

a. Miner’s Invoice, matching the Certificate of Origin (Form-E).

b. Additional Certificate of Sampling and Analysis for full
analysis of the parameters listed below, in 1 original and 3
copies, issued by PT. ANINDYA at loading port.
- Ash Fusion Temperature（ST, ℃)
- Gross Calorific Value (Gcv, Kcal/Kg) Air Dried (Adb)
- Gross Calorific Value (Gcv, Kcal/Kg) As Received (Arb)
- Gross Calorific Value (Gcv, Kcal/Kg) Dry Basis (Db)
- Gross Calorific Value (Gcv, Kcal/Kg) Moist Ash-Free Basis
(Maf)
- Gross Calorific Value (Gcv, Kcal/Kg） Moist Mineral-Matter
Free Basis (Mmmf)
- Ash (Ash, %) Dry Basis(Db)
- Ash (Ash, %) As Received (Arb)
- Total Sulphur (Ts, %) Dry Basis(Db)
- Volatile Matter (Vm, %) Dry Ash Free (Daf)
- Volatile Matter (Vm, %) Dry Mineral-Matter Free (Dmmf)
- Volatile Matter (Vm, %) As Received (Arb)
- Photopermeability Mean (Pm) and RADIOACTIVE DETECTION
- G Index and Size (0-1mm), Size (0-10mm)

11.6. All scan copies of the documents listed above should be emailed
to Buyer once issued and always one day before vessel goes to
destination port.

12. WEIGHT AND QUALITY

 12.1. For the provisional settlement, the quantity for total payable
amount should be based upon Draft Survey issued by PT. ANINDYA
which appointed by Buyer at loading port. For the final
settlement, the quantity for total payable amount should be based
upon Certificate of Weight issued by PT. ANINDYA at discharging
port MUARA TABONEO, SOUTH KALIMANTAN.
12.2. For the provisional settlement, the quality for total payable amount
should be based upon Certificate of Sampling and Analysis issued by
PT. ANINDYA which appointed by Buyer at loading port. For the final
settlement, the quality for total payable amount should be based
upon Certificate of Inspection issued by PT. ANINDYA at discharging
port MUARA TABONEO, SOUTH KALIMANTAN.
12.3. Cost of loading port and discharging port inspection should be
borne by the Seller’s account.

13. REJECTION
If the cargo can’t meet the contract as clause 8, buyer has the right
to reject the cargo. If Buyer chooses to accept the Cargo, the price
shall be re-negotiated mutually.

14. SHIPPING TERMS

14.1 The Seller is obliged to inform the Buyer on planned date of
delivery not later than 14 (Fourteen) days prior to the first
day of the agreed loading date range.
14.2 Unless otherwise agreed the Buyer is obliged to send a notice of
nomination by telex to the Seller specifying:
a) Name of Vessel, or TBN, and the pertinent physical
characteristics of the Vessel and details of the last 3
cargoes carried.
b) Loading date range.
c) Quantity and quality of Product to be loaded.
d) Preliminary estimated time of arrival (ETA) at Load Port
followed by a concrete.
e) Notice not later than 7 (Seven) Days before ETA at Load-Port.
f) Vessel's name, quantity/quality loading, loading range,
laytime and demurrage rate.
g) The Port of Discharge.
h) The instructions needed by the Seller to issue documents in
accordance with regulations, including any export
regulations, in force.
14.3 Unless otherwise agreed the Vessel nominated by the Buyer shall
be subject to acceptance by the Seller, the Loading Terminal and
by any other Party supplying the Cargo on behalf of the Seller.
The Seller may request the Buyer to provide such information as
is required to obtain such acceptance, and the Buyer shall
provide or cause to be provided such information no later than
the Buyer's nomination of the Vessel in accordance with the
above provision.
14.4 Should the Seller or the Loading Terminal request further
information about the Vessel with regard to the acceptance of
the Vessel, the Buyer shall provide or cause to be provided such
further information as soon as possible but always 3 (Three)
working days before the ETA of the Vessel at Load Port. The
Seller shall notify the Buyer as soon as practicable after
receipt of the notice specified above whether the Seller accepts
or rejects the Vessel nominated.
14.5 The Buyer warrants that the information provided for the purpose
of Vessel approval is correct. For deliveries at a Loading
Terminal operated by the Seller, the Buyer will be required to
provide the information in the form of a questionnaire issued by
the Seller. The Buyer shall ensure that the Vessel can be
inspected by the Operator's or the Seller's representative for
the purposes of Vessel approval. If any response as provided by
or on behalf of the Buyer proves to be incorrect, the Seller
shall be entitled to reject the nominated Vessel forthwith and
the Buyer shall indemnify the Seller against any losses or
damages and costs, incurred by the Seller as a direct
consequence of such breach of warranty.
14.6 The Buyer shall arrange for the Vessel to notify the Seller or
its representative at the Loading Terminal of its estimated
arrival at a minimum: 72 and 48 and 24 hours notice of estimated
time of arrival (ETA) Load Port, and thereafter any variations
of more than 12 hours.
14.7 Should the Buyer or the Buyer's Vessel not conform or comply
with the provisions of this Section 10.6, the Seller or the
Seller's supplier may refuse to berth or load the Vessel and
shall be under no obligation to supply the Product which would
otherwise have been deliverable to the Buyer on such Vessel and
the Seller may sell or otherwise dispose of any such Product as
the Seller may in its absolute discretion determine. Any
resulting delay or expenses shall be for the Buyer's account and
 the Buyer shall indemnify the Seller for all costs, losses or
damages incurred by the Seller or the Seller's supplier as a
result thereof.
14.8 In the event that the Buyer fails to lift the Product nominated
in accordance with the provisions of this Agreement, the Seller
shall have the right to dispose of the Product. Further, the
Seller shall by giving written notice to the Buyer, as soon as
practicable, be entitled, in its absolute discretion and without
prejudice to the Seller's other rights and remedies, to treat
the Agreement with regard to the Cargo in question as repudiated
by the Buyer. Any costs and/or losses or damages incurred by the
Seller or the Seller's supplier thereby shall be for the account
of the Buyer.
14.9 Where a particular date is specified in the Agreement for the
Buyer giving notice and nomination and such date falls on a
Saturday, or a Sunday or on a local public holiday, such
nominations must be received by the Seller by the last working
Day prior to the date specified. Furthermore, a nomination may
be considered as invalid for all the purposes thereof if it is
not received by the Seller by 17.00 local time on the Day or
date specified in the Agreement for receipt of such nomination.
The Seller shall not be liable for any loss or damage, direct or
indirect, which the Buyer may suffer as a result of the Seller
regarding a nomination to be invalid.

15. DISCHARGING TERMS

The mother vessel is Seller choice as a result Seller will have
responsibility for risks that appears because of the mother vessel
condition. Seller shall arrange the vessel to be fully loaded with the
coals defined under this agreement. Seller shall instruct Buyer by
email / fax latest by 7 days before the Estimated Time of Arrival of the
vessel at Discharging Port, the name and the address of the party on whom
the Notice of Readiness of the Vessel for discharge of the coal shall be
served by the Master of the Vessel at the Discharging Port.

After the vessel has arrived at the discharging port, NOR to be tendered
at discharge Port ATDNSHINC, whether in berth or not, whether in port or
not, whether in free pratique or not, whether customs cleared or not,
provided the vessel is in all respects ready to discharge. Buyer shall
forward to the Seller copy of NOR and Statement of Facts, within 3
calendar days from the date of completion of discharge of the coal.
Statement of Facts should be duly signed by the Master/Agent/Buyer, Buyer
 shall ensure that the Statement of Facts is duly signed not later than 72
hours after completion of discharge of the coal.

16. LAYTIME
If the vessel arrived at discharging port in the contract delivery
period, Lay time shall commence 12 (twelve) hours after the vessel
tenders NOR unless sooner commenced. If the vessel arriving at
Discharging port later than the contract delivery period, Buyer will not
afford the demurrage fee. In case of vessel reaching discharge port
before the documents arrive at the buyer's bank counters, discharging of
vessel to be allowed against LOI form Buyer. Laytime shall cease counting
on completion of discharging. Time lost by the following causes shall not
count as laytime, even the vessel is already on demurrage:

- Time for Vessel’s shifting from anchorage point to the vessel

securely moored at the berth.
- Time for shifting due to the vessel/ Master/ Seller’s requirements.
- Time for draft survey.
- Time for wait and proceed free partique and custom clearance.
- Time lost due to discharging of ballast to the extent that this is
not concurrent with loading/discharging and which causes delays or
interruptions.
- Waiting time for appropriate water tide at discharge port will not
be counted as laytime.
- Time for Hatch opening and closing.
- Any time lost causes attributable to vessel, Owners and Seller.
- Time of discharging stoppage due to the state of cargo (such as coal
icing or dusting) shall not be counted as laytime. Such stoppages
shall be confirmed by the discharging port’ Authorities and Agents.
- Time lost due to causes attributable to Vessel, Owners or Seller
and time lost due to a labour dispute, strike, go slow, work to
rule, and lock out, stoppage or resistant of labor involving the
master, officers or crew of the vessel.
- Time lost due to breakdown, inefficiency, repairs or any other
inability or failure of the vessel to comply with the requirements
or regulations of the discharging port causing delay or restriction
to discharging operations.
- Time lose due to covid19 safeguard procedures.
- Time lost due to FORCE MAJEURE
- Time lost due to weather should not count as laytime unless vessel
is already on demurrage.
17. DEMURRAGE & DISPATCH AT DISCHARGING PORT
Discharging rate is of 12,000 MT PWWD, SHINC. Allowable lay time shall be
calculated by dividing the quantity stated in B/L by the discharging
rate. Allowable lay time shall be expressed to the fifth decimal place,
with the sixth decimal place being rounded up if five or greater and
rounded down otherwise. Demurrage money shall be paid by Buyer to Seller
for time lost after expiration of allowable lay time at the rates
provided hereunder while despatch shall be paid by Seller to the Buyer at
discharging Anchorage. The daily demurrage rate expressed in US Dollars
applicable to each cargo shall be declared by the Seller at the time of
vessel nomination and be in accordance with the Charter Party and in line
with the market at the time of nomination. The despatch rate is
equivalent to half of the demurrage rate. Such money shall be settled
between the two Parties within 15 working days from the date of
completion of discharging subject to the parties having reached
agreement on the amount of such demurrage or dispatch. Should the
basic conditions at the DISCHARGE Port change, and should the
provisions of this Article become inconsistent with the customs and
practices prevailing in the DISCHARGE Port, the unloading terms as
set out herein shall be reviewed at the request of either the BUYER
or the SELLER and any change to the unloading terms herein shall be
mutually agreed. Any damages caused to the Vessel by the stevedores,
and claims for such damages are to be settled directly between the
Stevedores and the Vessel Owners.

18. NOTICES
Any notices, declarations, nominations, invoices, claims and other
communications which either Party may be required to give or make to
the other Party (“Notices”), unless otherwise provided herein, shall be
in writing and shall be sufficiently given or made if delivered by hand
or sent by courier company, email or by facsimile.

19. TITLE AND RISK

Seller represents and warrants that it has good title to all the Coal
to be sold in accordance with this Contract, free and clear of all
liens, claims and encumbrances. Notwithstanding delivery or the
passing of risk in the Coal to the Buyer or any rule, regulation or
provision to the contrary, title to the Coal shall pass from the
Seller to the Buyer as soon as payment for the Coal is received by
the Seller in accordance with clause 10 of this Contract.
20. DUTIES, FEES AND TAXES
All taxes, fees, duties and other similar charges (however denominated)
imposed on, or arising out of, the sale of the goods to the Buyer or on
the goods themselves (or value added thereto) subsequent to the delivery
to the Buyer, shall be for the account of and payable by the Buyer and
all such items imposed prior to the delivery to the Buyer shall be for
the account of and payable by the Seller, according to the applicable
law. Any income taxes arising out of or by virtue of this Agreement or
its performance shall be for the sole account of the contracting Party on
which they are legally imposed. Seller will not be responsible for any
import license, tax, duties, levies, antidumping duties,
safeguard/protective duties etc. at discharge port. The Buyer must obtain
at its own risk and expense any import license or other official
authorization, notwithstanding that the same arises from a change in
legislation after this Contract has been entered into.

21. ARBITRATION
Any dispute arising out of or in connection with this Contract,
including any question regarding its existence validity or
termination, shall be referred to and finally resolved by arbitration
in China in accordance with the Arbitration Rules of the Shanghai
International Arbitration Centre for the time being in force which
rules are deemed to be incorporated by the reference to this clause.
The Tribunal shall consist of one (1) arbitrator. The language of the
arbitration shall be English. The parties agree that any arbitration
commenced pursuant to this clause shall be conducted in accordance
with the expedited procedure set out in Rule 5.2 of the SHIAC Rules
and shall be decided on the basis of documentary evidence only.
22. FORCE AJEURE
Any occurrence or omission as a result of which the Party relying on it is
prevented from, or delayed in, performing any of its obligations (other than
a payment obligation) under this Agreement and which is beyond the
reasonable control of that Party and not caused by that Party’s fault or
negligence, including (without limitation) blockade of the ports of loading
or discharge, Acts of God, forces of nature, industrial action and action or
inaction by a government or semi-governmental body, authority or agency. In
the event of contingency beyond the control of either Party and without its
faults or negligence including but not restricted to the acts of public
enemy; fires, floods, epidemics and any other forces of nature; quarantined
restrictions; strikes and freight embargoes; industrial action;
export/import restrictions, quota/quantity restrictions, any other order or
regulations or acts or policy of any governmental authority((including but
not limited to any government of loading port or discharging port) ， any
action or inaction made by either domestic or foreign government or semi-
governmental body, authority or agency and any other condition from which
the effected Party cannot reasonably relieve itself by giving security or
otherwise, the Agreement shall be suspended until such causes cease to
exist. If a Party is affected, or likely to be affected by a Force Majeure
Event, the Party shall immediately or in any event within 48 hours inform
the other Party of the causes of the Force Majeure Event. If the Force
Majeure Event persists for a period of more than 30 days the performance of
the Agreement for such period may be treated as cancelled by each party, by
submitting a prior written notice to the counterparty.

23. LIMITATION OF LIABILITY

The Buyer assumes all risks involved in the use of the goods sold hereunder
and declares to be aware that the goods may become, by chemical reactions or
otherwise, directly or indirectly, hazardous to life, health and properties,
by reason of in flammability, explosion or other similar or different
reasons, during the transportation, handling, storage, removal, use,
disposal or any other possible events. No warranty of fitness for a
particular purpose is made by the Seller, even if such purpose is known to
the Seller. The Seller warrants only that at the time of delivery at the
port of loading the goods will conform to the specifications mentioned in
this Agreement and that the Seller has the right to sell and deliver the
goods to the Buyer free and clear of any liens, encumbrances and other
claims of third parties The Seller shall not be liable for specific
performance, indirect, incidental or consequential losses or damages or loss
of profits.
24. ASSIGNMENT
Neither Party shall assign any part of this contract, rights or
obligations, to another party without the prior written consent of the
other. In the event of an assignment in accordance with the terms of
this clause, the assignor shall nevertheless remain responsible for the
performance of this Contract and any obligations thereunder. Any
assignment not made in accordance with the terms of this clause shall be
void.

25. TERMINATION AND DEFAULT

Event of default, an occurrence of any of the following events will
constitute an event of default:

Seller breaches or fails to perform any of its material covenants or

obligations under this Contract, and such breach or failure is not
remedied within 30 days after notice from the Buyer to the Seller
stating that such breach or failure has occurred, identifying the breach
or failure in question in reasonable details and demanding the remedy
thereof;

The Buyer fails to make payment and is not remedied within 30 days from
the due date;

Any representation or warranty made by either Party herein shall be

proved to be false or misleading in any material respect which could
reasonably expected to have a material adverse effect on each Party's
ability to perform its obligations hereunder.

26. LICENSES
The Seller must obtain at his own risk and expense any export licence or
other official authorisation, notwithstanding the same arises from a
change in legislation after this Contract has been entered into.

The Buyer undertakes that all the necessary import licenses and all
other authorisations required for the Coal have been obtained (and/or
will be obtained within the time limits necessary to perform Buyer's
obligations under this Agreement) for the entire quantity covered by
this Agreement. The Buyer furthermore guarantees that such licenses will
remain in force for the full life of the Agreement.
 27. WAIVER
Failure by either Party to take action against the other in case of the
other Parties’ non-compliance with obligations or conditions set forth
in this contract shall not be deemed to be a waiver to take action for a
subsequent non-compliance of the same or other obligations or
conditions.

28. ENTIRETY OF THE CONTRACT

This Contract constitutes the entire agreement between the Parties and the
terms and conditions set forth herein constitute the sole terms and
conditions. No modification or amendment of this Contract shall be
effective or binding unless it is in writing and signed by both parties.

For and/on Behalf of (Seller), For and/on Behalf of (Buyer),

PT. MURI ANUGERAH MANDIRI Hua Neng Supply Chain Platform
Technology Co., Ltd

Mrs. Farrah Rani Shalle Mr.

Director