LLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., bldg. 2, room 15/1 Tel: +7 968 376 7860 OGRN: 1157746280163 TIN: 7725267798 E-mail: supplies@[Link] CPP: 772501001 To: Principal End Buyer & Mandates Ref: GCE/RUS/Z01-47 Issued Date: 1 July 2024 Validity: 31" December 2024 SOFT CORPORATE OFFER We «GC “ELITE” LLC» with legal responsibility and under penalty of Perjury hereby confirm the Availability and Capability to Supply refined petroleum and petrochemical products for Immediate Spot and Contract soles and we hereby issue this SOFT CORPORATE OFFER with full corporate responsi supply the listed commodities according to the terms and conditions as stated below. TERMS OF TRANSACTION DELIVERY CIF-AWSP/FOB/TTO PAYMENT TERM | MT 103, TT WIRE, DLC (Domestic Letter of Cre ORIGIN Russian Federation & Kazakhstan INSPECTION | Any Universally Accepted Q&Q inspection Company COMMISSION | To be shared 50% each by both sides commoprty PRODUCT Gas Oil D2 Diesel GRADE Gost 305-82, (QUANTITY ‘50,000 - 300,000 MT Per Month x 12 Months PRICE FOB PRICE - $410 Gross / $400 Net CIF PRICE - $430 GROSS/ $420 NET PRODUCT RUSSIAN DIESEL GASOIL EN 590 10PPM GRADE ENS90, 10 PPM, 500 PPM QUANTITY 50,000 - 300,000 MT Per Month x 12 Months PRICE FOB PRICE - $400 Gross / $390 Net —-CIF PRICE - $420 GROSS/ $410 NET PRODUCT RUSSIAN MAZUT M00 GRADE GOST 10585-75 & 10585-99 QUANTITY ‘50,000 - 300,000 MT per Month x 12 Months PRICE FOB PRICE - $180 Gross / $170 Net-----CIF PRICE- $200 GROSS/ $190 NET PRODUCT Russian Export Blend Crude Oil (REBCO}) GRADE GOST 51 858-2002 QUANTITY ‘500,000 — 3,000,000 Bbi. per Month x 12 Months PRICE FOB PRICE - $48 Gross / $44 Net----CIF PRICE- $50 GROSS/ $46 NETLLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., bldg. 2, room 15/1 Tel: +7 968 376 7860 OGRN: 1157746280163 TIN: 7725267798 E-mail: supplies@[Link] CPP: 772501001 PRODUCT East Siberia-Pacific Ocean (ESPO) Blend GRADE ESPO (QUANTITY ‘500,000 — 3,000,000 BbI. per Month x 12 Months PRICE FOB PRICE - $76 Gross / $72 Net-—-CIF PRICE- $78 GROSS/ $74 NET PRODUCT RUSSIAN LIGHT CYCLE OIL (LCO) ‘QUANTITY 20,000 MT ~ 200,000 mt Per month X12 PRICE FOB PRICE - $310 Gross / $300 Net-——CIF PRICE- $320 GROSS/ $310 NET PRODUCT RUSSIAN AVIATION KEROSENE COLONIAL GRADE GRADE Jet A, Jet Al &TS2 ‘QUANTITY ‘500,000 — 3,000,000 Bbi. per Month x 12 Months PRICE FOB PRICE - $78 Gross / $74 Net-----CIF PRICE- $80 GROSS/ $76 NET PRODUCT Aviation Kerosene Jet Fuel GRADE JP54 (QUANTITY ‘500,000 — 3,000,000 BbI. per Month x 12 Months PRICE FOB PRICE - $78 Gross / $74 Net-----CiF PRICE- $80 GROSS/ $76 NET PRODUCT Liquefied Petroleum Gas (LPG) GRADE GOST 20448 -90 QUANTITY 50, -000 - 300,000 MT per Month PRICE FOB PRICE - $310 Gross / $300 Net —-CiF PRICE $320 GROSS/ $310 NET PRODUCT Liquefied Natural Gas (LNG) GRADE GOST 5542.87 ‘QUANTITY 50, -000 - 300,000 MT per Month PRICE FOB PRICE - $310 Gross / $300 Net ——-CIF PRICE $320 GROSS/ $310 NET PRODUCT ‘Automotive Gas Oil GRADE AGO QUANTITY ‘50,000 - 300,000 MT per Month PRICE FOB PRICE - $310 Gross / $300 Net -----CIF PRICE $320 GROSS/ $310 NET PRODUCT Ultra-Low Sulphur Diesel EURO 4, 5 & 6 GRADE ENS590, 10 PPM, 500 PPM QUANTITY 20,000 - 300,000 MT Per Moath x 12 Months PRICE FOB PRICE - $400 Gross / $390 Net ----CIF PRICE - $420 GROSS/ S410 NETLLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., bldg. 2, room 15/1 Tel: +7 968 376 7860 OGRN: 1157746280163 TIN: 7725267798 E-mail: supplies@[Link] CPP: 772501001 PRODUCT Fuel Oil Virgin (D6) GRADE GOST 5542-87 QUANTITY ‘100,000,000 GALS - 800,000,000 GALS per Month PRICE FOB PRICE - $0.84 Gross / $0.80 Net -—-CIF PRICE $0.88 GROSS/ $0.84 NET PRODUCT VIRGIN BASE OIL, GRADE 'SN 100, SN 150, SN 300, SN 500, SN 600 QUANTITY 20,000 - 400,000 MT Per Month x 12 Months PRICE FOB PRICE - 5340 Gross / $330 Net CIF PRICE - 8350 GROSS/ 5340 NET PRODUCT FUEL OIL IFO. GRADE CST 180, CST 280, CST 380 QUANTITY 20,000 - 400,000 MT Per Month x 12 Months PRICE FOB PRICE - $330 Gross / $320 Net —--CIF PRICE - $340 GROSS/ $330 NET PRODUCT GASOLINE OCTANE GRADE 87 OCTANE, 89 OCTANE, 90 OCTANE, 93 OCTANE, 95 OCTANE, QUANTITY 20,000 = 40,000 MT Per Month x 12 Months PRICE FOB PRICE - $330 Gross / $320 Net —--CIF PRICE - $350 GROSS/ $340 NET PRODUCT PETROLEUM COKE GRADE FUEL GRADE QUANTITY 20,000 = 400,000 MT Per Month x 12 Months PRICE FOB PRICE - $190 Gross/ $180 Net ——-CIF PRICE - S200 GROSS/ S190 NET PRODUCT NAPHTHA GRADE LIGHT & HEAVY QUANTITY 20,000 - 400,000 MT Per Month x 12 Months PRICE FOB PRICE - $340 Gross / $330 Net ——CIF PRICE - $350 GROSS/ $340 NET PRODUCT CRUDE GRADE APLIG QUANTITY 500,000 — 3,000,000 BbI. per Month x 12 Months PRICE FOB PRICE - $65 Gross / $63 Net—---CIF PRICE- $68 GROSS/ $65 NETLLC "GC "Elite' OGRN: 1157746280163 Address: 115191 , Moscow , Bolshaya Tulskaya st., bldg. 2, room 15/1 Tel: +7 968 376 7860. ‘Tiel 7728267708 E-mail: supplies@[Link] CPP: 772501001 PROCEDURES: | COST INSURANCE AND FREIGHT PROCEDURE: [Link] buyer issues official [CPO with banking details and company registration certificate. 2. The seller issues draft sales and purchase agreement to buyer: The buyer returns signed contract to seller with guarantee letter and proof of funds to fulfil the contractual agreement. [Link] seller issue the below Partial POP documents; @ Refinery Commitment to Supply. Certificate of Origin. @ Seller Certificate of Incorporation. © Quality and Quantity Report (Product Passport). @ Statement of Product Availability. @ 2% Proforma Invoice. 4. The buyer deposit 2% of total first shipment value to seller nominated bank via TT Wire. 5. Within 48 hours of receiving confirmation of the 2% guarantee deposit, the seller and. buyer sign the title transfer affidavit, and the title ownership certificate is issued in the buyer's company name, 6. The seller charters a vessel from a shipping company at its own expense. The charter party agreement is executed, and the buyer receives notice of the consignment delivery schedule along with the nominated vessel data.7. The seller will release full POP document and 2% PB to buyer's bank; @ Ship Certificates. Cargo Declaration. @ Fresh Q&Q Report. Charter Party Agreement. @ Ownership Certificate, @ Title Transfer Affidavit. @ Product Allocation Certificate.LLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., " bldg. 2, room 15/1 Tel: +7 968 376 7860 Tie 7726267708 E-mail: supplies@[Link] CPP: 772501001 OGRN: 1157746280163 @ Ullage Report. @ Notice of Readiness. @ Customs Declaration Certificate. @ Bill of lading. @ Vessel 088, 8, The cargo is insured, and shipment commences as per contract schedule. All Parties involved sign NCNDA/IMEPA. 9, Prior to arrival of the vessel to the destination port, the seller issue ATB (Authorization to Board) and DTA (Dip Test Authorization) to enable the buyer board the vessel and perform the CIQ Inspection 10. Upon arrival of the vessel at the destination port and completion of CIQ Inspection, buyer pays the remainder 98% of the total product value via MTL03/TT Wire within 48Hours, 11. The seller pays all intermediaries involved within 72 hours after receipt of payment of the product from the buyer. TANKER TAKE OVER PROCEDURE (TTO. 1. The buyer issues official ICPO with banking details and company registration certificate. 2. The seller issues draft contract for both parties to sign. Within 24 hours, buyer signs and send back with guarantee letter and proof of funds to fulfil the contractual agreement. 3. The seller issues the below proof of product in buyer company's name: © Certificate of Origin, @ Product quality passport (Analysis test Report) By Gost K. @ Commitment to Supply. @ Bill of Lading. Cargo Manifest. @ Vessel Q88, © Certificate of Quality and Quantity. @ Maters’ Receipt of Documents, @ Master's Receipt of Samples. @ Ullage Report.LLC "GC “El ite” OGRN: 1157746280163 Address: 115191 , Moscow , Bolshaya Tulskaya st., " bldg. 2, room 15/1 Tel: +7 968 376 7860 Tie 7726267708 E-mail: supplies@[Link] CPP: 772501001 @ Nor. @ Time Sheet. @ Sample Receipt. @ Ship's Tank Dry/Cleanliness Certificate. @ 3% Proforma Invoice. 4, Upon receipt of the POP documents, the buyer provides their shipping agent contact information for the ship owner to open communication, issue a Notice of Readiness (NOR) and Power of Attorney to buyer's shipping agent entrusting them to perform all needed shipping agency and freight forwarding services in the discharge port. 5. The buyer makes a guarantee deposit af 3% of the total product value via MT103 and upon receipt of buyer's payment, the seller will instruct the vessel master to re-route the vessel tanker final destination to the buyer's discharge port. 6. The seller and buyer sign the title transfer affidavit and the title ownership certificate is issued in the buyer's company name. 7. The seller issue ATB (Authorization to Board) and DTA (Dip Test Authorization) to enable the buyer board the vessel and perform the CIQ Inspection 8. The seller instruct vessel master to countersign the shipping agent Power of Attorney and proceed to send the complete set of maritime and shipping documents to enable the buyer shipping agent file for maritime report and make all preparation to receive the vessel tanker at the destination port terminal, All Parties involved sign NCNDA/IMFPA. 9. Upon arrival of the vessel at the destination port and completion of C1Q Inspection, buyer pays the remainder 97% of the total product value via MT103/TT Wire within 48Hours. 10. Seller pays all intermediaries involved within 72 hours after receipt of payment of the product from the buyer: FREE ON BOARD (FOB) PROCEDURE: 1. Buyer issues ICPO with passport copy 2. Seller receives and verifies Buyer's ICPO with Buyer's details. When satisfactory with the verification,LLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., " bldg. 2, room 15/1 Tel: +7 968 376 7860 Tie 7726267708 E-mail: supplies@[Link] CPP: 772501001 OGRN: 1157746280163 Seller issues Commercial Invoice (Cl) for the product in Seller's tank in the port terminal for Buyer’s review and endorsement. 3. Buyer signs the (CI) Commercial Invoice and return to the seller with an acceptance letter to Proceed 4. Seller issue to the buyer as listed below: - Commitment letter to supply - Certificate of Origin “Statement of product availability - Product passport (Lab Analysis Report) - Invoice for cash call Logistics reassignment fee (CCLRF) 5. Upon the receipt and confirmation of the above document by the buyer company, the buyer's make payment for the (logistic reassignment fee) within 72hrs ofthe invoice validity and provide the proof of payment to enable the seller release to the buyer as listed below for dip test: = Authorization to Verify (ATV) = Unconditional Dip Test Authority for Seller tanks - Copy of product export license - port endorsed Custom tank storage receipt (RECTSR) - Full set of Injection Report - Allocation transfer Certificate -Complete set of Fresh SGS Q&Q reports (<24 hours old) (in English) - Authority to sell and collect (ATSC) 6 Buyer upon physical verification of the product and PPOP confirmation order SGS to conduet the Dip test in the seller Storage Tank to reconfirm the quantity and quality of the products. Upon successful dip test, Buyer provides tank storage receipt (TSR or vessel details. 7 Seller commences injection immediately into buyer tank and “issues buyer Title of Ownership certificate to be followed by all export Documentation. 8 Buyer makes payment by MT103 or TT wire transfer for the total product and lifts the product and Buyer pays all intermediaries involved in the transaction.LLC "GC “El ite” OGRN: 1157746280163 Address: 115191 , Moscow , Bolshaya Tulskaya st., " bldg. 2, room 15/1 Tel: +7 968 376 7860 Tie 7726267708 E-mail: supplies@[Link] CPP: 772501001 FOB TERMS AND PROCEDUR, 1, BUYER ISSUES ICPO ADDRESSED TO SELLER/REFINERY MANDATE ALONG WITH TSA. 2, SELLER ISSUES COMMERCIAL INVOICE, BUYER SIGNS AND RETURNS BACK TO SELLER WITHIN THE VALIDITY PERIOD STIPULATED ON THE COMMERCIAL INVOICE. 3, SELLER VERIFY BUYER TANK FARM AND IF APPROVED, SELLER PROCEED ‘TO REQUEST FOR INVOICE OF 5 DAYS PAYMENT REMITTANCE, SELLER LEASES THE BUYER TANK FARM FOR 5 DAYS ONLY, AND BUYER PAYS FOR 2 DAYS FOR DIP TEST AND. LIFTING. SELLER ALSO ISSUES INJECTION SCHEDULE UPON BUYER TANK FARM RECEIVING PAYMENT AND ISSUANCE OF THE TSR AND SELLER PROCEED TO INJECT ‘THE PRODUCT INTO THE LEASED TANK STORAGE. 4, UPON SUCCESSFUL INJECTION, SELLER RELEASES THE FOLLOWING PPOP DOCUMENTS TO BUYER. *PRODUCT CERTIFICATE OF ORIGIN * AUTHORIZATION TO SALE AND COLLECT (ATSC) *PRODUCT PASSPORT “DIP TEST AUTHORIZATION, INJECTION REPORT AND NCNDA/IMFPA WILL BE SIGNED BY ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION. 5. UPON BUYER RECEIPT OF THE PPOP, BUYER INSPECTS PRODUCT WITH SGS AGENT. OR EQUIVALENT. 6. AFTER BUYEI SSFUL DIP TEST ON THE PRODUCT, BUYER MAKES THE, PAYMENT FOR THE TOTAL VALUE OF THE PRODUCT VIA MT103- TT. 7. UPON SELLER RECEIVING THE PAYMENT FOR THE PRODUCT FROM THE BUYER, SELLER ISSUES TO BUYER THE TITLE OWNERSHIP OF THE PRODUCT AND ALL. EXPORTATION DOCUMENTS OF THE PRODUCT. 8. BUYER LIFTS THE PRODUCT WITH IS VESSEL TANKER. SELLER PAYS ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION AND SEND SPA ‘TO BUYER FOR ONE- YEAR SUBSEQUENTLY MONTHLY SHIPMENTS CONTINUE AS PER TERMS AND. CONDITIONS OF THE CONTRACT.LLC "GC "Elite" Address: 115191 , Moscow , Bolshaya Tulskaya st., bldg. 2, room 15/1 Tel: +7 968 376 7860 E-mail: supplies@[Link] We look forward to working with your esteem company, Thank you. Best Regard, OGRN: 1157746280163 TIN: 7725267798 CPP: 772501001