DEED OF AGREEMENT

THIS IS AN AGREEMENT FOR A STANDBY LETTER OF CREDIT(SBLC) ISSUED BY HSBC BANK PLC FOR THE FACE VALUE
OF FIVE HUNDRED MILLION US DOLLARS ($ 500,000,000.00) AND IS ENTERED INTO ON THIS DATE OF Friday, November
12, 2021 BETWEEN THE FOLLOWING PARTIES

PARTY A

COMPANY NAME GC GLOBAL GROUP CO.,LTD

REGISTRATION NO 0915560000070
DATE OF REGISTRATION 29th March 2017
DOMICILE/JURISDICTION THAILAND
REGISTRATION ADDRESS 961 M4 KAMPHAENG LANGU SATUN 91110
TELEPHONE +923219222979
EMAIL [email protected]
CORPORATE OFFICERS &TITLES DIRECTOR
FULL NAME MR MONGKHON APHICHAT

HEREINAFTER REFERRED TO AS “RECEIVER”

PARTY B

NAME AMCI HOLDING LTD

COMPANY REG. NO. CR 2556480

COUNTRY HONG-KONG, CHINA

MAILING ADDRESS Rm22B, 22F, Kiu Yin Commercial Building, 361-363 Lockhardt Road, Wanchai, Hong-KONG

REPRESENTED BY FABRICE FOURNET

POSITION CEO / DIRECTOR

PASSPORT NO. 12DI88673

OPERATING PHONE +48 574 472 100

OPERATING E-MAIL [email protected]

HEREINAFTER REFERRED TO AS “PROVIDER"

WHEREAS. THE RECEIVER DESIRES TO OBTAIN WITH GOOD FUNDS OF FIVE HUNDRED MILLION (US DOLLARS), SBLC FROM THE
PROVIDER. RECEIVER CONFIRMS WITH FULL CORPORATE AND LEGAL RESPONSIBILITY THAT THE FUNDS ARE AVAILABLE TO
FULFILL THE REQUIREMENTS FOR THE EXCHANGE OF THIS INSTRUMENT AND THAT IS READY. RECEIVER FURTHER AGREES TO
COOPERATE WITH THE PROVIDER.

WHEREAS. THE PROVIDER DESIRES TO PROVIDE, TRANSFER AND ASSIGN ALL RIGHTS, TITLE AND INTEREST OF THE SBLC
AVAILABLE TO THE RECEIVER. PROVIDER REPRESENTS AND WARRANTS THAT IT HAS THE ABILITY AND SOURCE AND TO
ARRANGE THROUGH ASSOCIATES, CONTRACTS AND SOURCES, WITH FULL CORPORATE RESPONSIBILITY, FINANCIAL
INSTRUMENT IN THE TERM OF ASSIGNMENTS TO BE PROVIDED TO RECEIVER. PROVIDER HEREBY DECLARES UNDER PENALTY
OF PERJURY THAT THE SBLC WILL BE BACKED BY FUNDS THAT ARE GOOD, CLEAN, CLEAR, AND FREE OF NON-CRIMINAL
ORIGIN, THE SBLC WILL BE FREE AND CLEAR OF ALL LIENS, ENCUMBRANCES AND THIRD PARTY INTERESTS.

I MR MONGKHON APHICHAT, DIRECTOR AND AUTHORIZED SIGNATORY DO HEREBY CONFIRM WITH FULL LEGAL,
PERSONAL AND CORPORATE RESPONSIBILITY AND AUTHORITY, UNDER PENALTY OF PERJURY, IRREVOCABLY,
UNCONDITIONALLY THAT WE ARE READY, WILLING AND ABLE TO EXCHANGE WITH THE FOLLOWING BANK INSTRUMENT(S),
UNDER THE TERMS AND CONDITIONS DESCRIBED BELOW, WITH GOOD, CLEAN, CLEAR FUNDS OF NON-CRIMINAL ORIGIN, FREE
OF ANY LIENS OR ENCUMBRANCES WHATSOEVER.
NOW THEREFORE, THE RECEIVER HAS AGREED TO OBTAIN THE SBLC AT 50 % PERCENT OF FACE VALUE FOR THE
INSTRUMENT REQUESTED AND PROVIDER HAS AGREED TO TRANSFER THE SBLC TO RECEIVER AND BOTH PARTIES HEREBY
AGREE TO THE FOLLOWING TERMS STATED BELOW:

DESCRIPTION OF BANK INSTRUMENT:

INSTRUMENT TYPE STANDBY LETTER OF CREDIT (SBLC)

CONTRACT AMOUNT ONE BILLION US DOLLARS ($ 1,000,000,000.00), R&E
FIRST TRANCHE FIVE HUNDRED MILLION US DOLLARS ($ 500,000,000.00)
SUBSEQUENT TRANCHES FIVE HUNDRED MILLION US DOLLARS ($ 500,000,000.00)
ISSUING BANK HSBC BANK PLC – LONDON, UNITED KINGDOM
RECEIVING BANK UNITED OVERSEAS BANK (THAI) PUBLIC CO. LTD.
BANK ADDRESS 191 SOUTH SATHORN RD, BANGKOK 101020, THAILAND
SWIFT UOVBTHBK
BENEFICIARY NAME GC GLOBAL GROUP CO., LTD
FUNDING RATE 50 % OF FACE VALUE
SERVICE CHARGE N/A
VALIDITY ONE (1) YEAR AND ONE (1) DAY
PAYMENT SCHEDULE (7) BANKING DAYS AFTER VERIFICATION & AUTHENTICATION OF THE MT760.
DELIVERY SWIFT MT760 & ORIGINAL HARD COPY BY BANK BONDED COURIER
MT103 OR BANK WIRE – AFTER VERIFICATION AND AUTHENTICATION OF
PAYMENT MODE
INSTRUMENT

TRANSACTION PROCEDURE:
2. AFTER SUCCESSFUL DUE DILIGENCE. BOTH PARTIES SHALL LODGE THE AGREEMENT IN THEIR
RESPECTIVE BANKS, THE SIGNED DOA / LOI BECOMES A LEGAL BINDING COMMERCIAL CONTRACT
(DEED OF AGREEMENT) BETWEEN THE PARTIES.

3. WITHIN ONE (01) BANKING DAYS, RECEIVER’S BANK PROVIDES BCL / RWA ON THEIR BANK’S LETTERHEAD
WITH TWO TOP BANKERS WET BLUE INK WITH OFFICIAL SEAL. AND SEND THROUGH SECURE BANK EMAIL
TO PROVIDER’S OFFICIAL EMAIL.

4. AFTER VERIFICATION OF THE BCL / RWA, WITHIN ONE BANKING DAY/S, PROVIDER‘S BANK SHALL ISSUE
SWIFT MT799 PRE ADVICE TO RECEIVING BANK AND COPY TO CLIENT’S EMAIL ID:
[email protected]

5. WITHIN ONE (1) BANKING DAY OF RECEIPT OF THE MT799 PRE ADVICE, CLIENT’S BANK SHALL
ISSUE SWIFT MT-799 BPU (BANK PAYMENT UNDERTAKING) AS PER APPENDIX D AND SHALL SEND A
COPY TO PROVIDER’S EMAIL ID: [email protected]

6. WITHIN TWO (2) DAYS AFTER PROVIDER’S BANK RECEIVES AND AUTHENTICATES MT-799 BPU
(BANK PAYMENT UNDERTAKING), PROVIDER’S BANK SHALL ISSUE MT 760 SBLC AS PER APPENDIX E
TO CLIENT’S BANK COORDINATES AND SEND A COPY TO CLIENT’S EMAIL ID:
[email protected]

7. WITHIN THREE (7) BANKING DAYS UPON SUCCESSFUL VERIFICATION AND AUTHENTICATION OF
THE MT 760, CLIENT’S BANK SHALL EXECUTE TOTAL PAYMENT OF SBLC/FEE 50% AS PER CONTRACT BY
MT 103 / TT WIRE TRANSFER UNCONDITIONAL PAYMENT TO PROVIDER’S AND CONSULTANTS
DESIGNATED ACCOUNTS AND SEND A COPY TO PROVIDER’S EMAIL ID: [email protected]
AND COMMISSIONS TO ALL PARTIES.

Note: Hard Copy of the instrument will be delivered by Provider’s Bank via Bonded Courier to CLIENT’s bank
within seven (7) banking days after receipt of the payment MT 103.

(SHOULD RECEIVER DEFAULT TO PAY THE FEES TO THE SENDER AS AGREED ON THIS DOA WITHIN ALLOWED NUMBER OF DAYS
AFTER RECEIPT OF SWIFT MT760, PROVIDER SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE SBLC THEREBY
FORCING THE RECEIVER’S BANK TO RETURN THE SWIFT MT760 (SBLC) TO THE ISSUING BANK )

1. WITHIN FIVE (5) BANKING DAYS UPON MT-760 IS ISSUED, HARD COPY OF THE SBLC WILL BE DELIVERED BY ISSUING BANK
TO THE RECEIVER BANK BY BANK BONDED COURIER.

2. THIS DEED OF AGREEMENT IS A FULL RECOURSE COMMERCIAL COMMITMENT GOVERNED BY THE LAW OF THE
JURISDICTION THAT BOTH PARTIES RESIDE AND STANDARDS UNDER ICC REGULATION.
3. PARTY B IS NOT REQUIRED TO REPAY THE 50 % LOAN OF THE STANDBY LETTER OF CREDIT (SBLC) FACE VALUE TO PARTY
A (MONETIZER), AS IT IS A NON-RECOURSE LOAN PAYMENT.

4. PARTY A WILL USE THIS INSTRUMENT AS COLLATERAL AND ON MATURITY RETURN THE STANDBY LETTER OF CREDIT TO
THE ISSUING BANK FROM ITS RECEIVING BANK WITHOUT ANY ENCUMBRANCE AS PER THE INSTRUCTION OF PARTY B AND THE
HARD COPY WILL BE DELIVERED TO PARTY B BY PARTY A (BANK TO BANK).

5. ALL SUBSEQUENT TRANCHES WILL BE BASED ON THE SAME PROCEDURES AS AGREED BETWEEN BOTH PARTIES.

6. ANY UNAUTHORIZED BANK PROBES OR COMMUNICATIONS, OR AN IMPROPER SOLICITATION OR DISCLOSURE INVOLVING

ANY OF THE BANKS CONCERNED IN THIS TRANSACTION WILL RESULT IMMEDIATE CANCELLATION OF THIS TRANSACTION AND
SUBJECT THE VIOLATING PARTY TO DAMAGES.

BANKING DETAILS
RECEIVER’S RECEIVING BANK DETAIL TO RECEIVE MT799 PREADVICE / MT760 SBLC:

BANK NAME UNITED OVERSEAS BANK (THAI) PUBLIC CO. LTD.

BANK ADDRESS 191 SOUTH SATHORN RD, BANGKOK 101020, THAILAND
SWIFT CODE UOVBTHBK
ACCOUNT NAME GC GLOBAL GROUP CO., LTD
ACCOUNT NO 601-112-669-0
TELEPHONE +662 343-3000-2682,2684,2686
FACSIMILE +662 287-2972
BANK OFFICER PIYATHIDA CHAISIT
EMAIL [email protected]
MOBILE PHONE +668 8862 9064
BANK NAME UNITED OVERSEAS BANK (THAI) PUBLIC CO. LTD.

RECEIVER’S PAYING BANK DETAIL TO ISSUE MT 103:

BANK NAME UNITED OVERSEAS BANK (THAI) PUBLIC CO. LTD.

BANK ADDRESS 191 SOUTH SATHORN RD, BANGKOK 101020, THAILAND
SWIFT CODE UOVBTHBK
ACCOUNT NAME GC GLOBAL GROUP CO., LTD
ACCOUNT NO 601-112-669-0
TELEPHONE +662 343-3000-2682,2684,2686
FACSIMILE +662 287-2972
BANK OFFICER PIYATHIDA CHAISIT
EMAIL [email protected]
MOBILE PHONE +668 8862 9064
BANK NAME UNITED OVERSEAS BANK (THAI) PUBLIC CO. LTD.

ISSUING'S BANK DETAIL FOR ISSUING MT799 PREADVICE / MT760 SBLC:

BANK NAME HSBC BANK PLC

BANK ADDRESS 8 Canada Square, London, E14 5HQ, United Kingdom
ACCOUNT NUMBER - EURO E60004288
ACCOUNT NAME AMCI HOLDING LTD
SWIFT CODE MIDLGB22
Adrian Gordon (PIN 39749) Head of Institutional Business UK
BANK OFFICER
Rojer R. Wilson, Esq. Senior Manager
 BANK TELEPHONE +44 20 7024 0497
[email protected] // [email protected] // [email protected] //
OFICER’S EMAIL
[email protected]
PAYMASTER BANK DETAILS FOR RECEIVING 50% OF FACE VALUE MT799 – BPU (BANK PAYMENT UNDERTAKING) FROM
RECEIVING BANK
BANK NAME HSBC BANK PLC
BANK ADDRESS 8 Canada Square, London, E14 5HQ, United Kingdom
ACCOUNT NUMBER - EURO E60004288
ACCOUNT NAME AMCI HOLDING LTD
SWIFT CODE MIDLGB22
Adrian Gordon (PIN 39749) Head of Institutional Business UK
BANK OFFICER
Rojer R. Wilson, Esq. Senior Manager
BANK TELEPHONE +44 20 7024 0497
[email protected] // [email protected] // [email protected] //
OFFICER’S EMAIL
[email protected]

1. PARTY B'S BANKING COORDINATES TO RECEIVE 50% €250,000,000.00 VIA MT 103 OF THE FACE VALUE:

BENEFICIARY’S BANK NAME MBANK

BENEFICIARY’S BANK ADDRESS KRAKOW, POLAND
ACCOUNT NAME KNUPLERZ AND KNUPLERZ – NOTARIUSZE SPOLSKA PARTNERSKA
ACCOUNT NUMBER PL05 1140 2004 0000 3112 0974 9013
SWIFT CODE BREXPLPMBK
BANK CODE N/A
BRANCH CODE N/A
BANK OFFICER Ms Malgorzaka Wojdanowska
BANK TELEPHONE +48 789 443 945 or +48 12 662 26 85
BANK EMAIL [email protected]
REFERENCE CONTRACT NUMBER : XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

RECEIVER’S OBLIGATIONS:

The Receiver, with full corporate and legal responsibilities, and under penalty of perjury, confirms that he is fully aware of the
courier of his financial ability and facilities with his bank when signing this LOI and/or other agreements and documents with the
Provider.

The Receiver further confirms that the Provider is authorized to verify the funds of each tranche of the Contract with his bank, if
necessary. In the event of unsatisfactory verification, the transaction will be suspended immediately and the Receiver is in
breach of the Contract and liable for legal consequences.

PROVIDER´S OBLIGATIONS:

The Provider with full corporate and legal responsibilities, and under penalty of perjury, confirms that Provider is fully aware of
the commitment of the Instruments when countersigning this LOI.

The Provider further confirms to deliver the instruments, to negotiate and make proper arrangements with the provider to
continuously supply the instruments until the whole contracted volume is exhausted. Without expressed written permission,
neither party shall contact the bank of the other party. Both parties may change banking coordinates with written notice to
the other party.

PENALTY CLAUSE FOR NON-PERFORMANCE

Should any of the signatory Parties herein fail to perform according to the terms and as required by this contract, once signed,
then, the failing Party shall indemnify the aggrieved Party for an amount of 2%.
NON-SOLICITATION

The Receiver hereby confirms and declares that the Provider, its associates or representatives or any person or persons on its
behalf has/have never ever solicited the Receiver, its shareholders or associates or representatives in any way whatsoever that
can be construed as a solicitation for this transaction or for future transactions. 

FORCE MAJEURE

Any delay in or failure of performance by either party of their respective obligations under this agreement shall not constitute a
breach hereunder or give rise to any claims for damages if, and to the extent that such delays or failures in performance are
caused by events or circumstances beyond the control of such party.

The term “Beyond the Control of Such Party “Include Lawful order of Government or Authority, Act of War, Rebellion or
Sabotage, Fire, Flood, Earthquake or other natural disasters. Any other cause not within the control of such party or which is by
exercise of reasonable diligence, the party will be unable to foresee or prevent or remedy.

ARBITRATION

All disputes and questions whatsoever which arise between the parties to this agreement and touching on this agreement on the
construction or application thereof or any account cost, liability to be made hereunder or as to any act or way relating to this
agreement shall be settled by the arbitration in accordance with the arbitration laws of the ICC.

This agreement contains the entire agreement and understanding concerning the subject matter hereof and supersedes and
replaces all prior negotiations and proposed agreements, written or oral. Neither of the parties may alter, amend, nor modify this
agreement, except by an instrument in writing signed by both parties. This agreement will be governed by and construed in
accordance with the Laws of Singapore. In the event that either party shall be required to bring any legal actions against the
other it enforce any of the terms of this agreement the prevailing party shall be entitled to recover reasonable attorney fees and
costs.

AGREED AND SIGNED ON THIS DATE November 12, 2021 FOR AND ON BEHALF OF PROVIDER

Signature and Stamp/Seal

__________________________________________

Name : FABRICE FOURNET

Designation : CEO / DIRECTOR
Nationality : FRENCH
Passport # : 12DI88673
Issue date : 04/01/2013
Expiry date : 03/01/2023

AGREED AND SIGNED ON THIS DATE November 12, 2021 FOR AND ON BEHALF OF RECEIVER
FGQ COMMERCIAL BROKERAGE

Signature and Stamp/Seal

__________________________________________
NAME : GC GLOBAL GROUP CO., LTD
SIGNATORY NAME : MR MONGKHON APHICHAT
TITLE : CEO/DIRECTOR
PASSPORT NUMBER : AA6749409
COUNTRY OF ISSUE : THAILAND
ISSUE DATE : 02 FEB 2017
EXPIRY DATE : 01 FEB 2022

NON-CIRCUMVENTION AND NON-DISCLOSURE AGREEMENT

All Parties do herein agree that the Non-Circumvention and Non-Disclosure Rules (NCND) of all issues from the
ICC 458 apply to this transaction for a period of five (5) years from date of execution of this Agreement by the
undersigned, his or her assigns, agents and/or heirs.

This NCND also applies to any and all other transactions direct or indirect initiated by these intermediaries.

The undersigned agrees that this Fee Protection is assignable and transferable to the Beneficiaries, designs,
heirs & assigns upon written notice of all parties and shall not be amended without the express written consent
of the parties. If no contract is consummated, this Fee Protection Agreement is null and void in its entirety.

All disclosed banking information shall be strictly confidential. No communication between banking officers.
Other than transmission by SWIFT wire transfer and any other transmission specifically authorized by the
beneficiaries, is permitted. All communications shall clearly reference the transaction code, the Seller's code
and the Buyer's code referred to herein.

Should a contract be signed between the Provider and the CLIENT, a bank endorsed corporate pay order will be
issued to the paymaster of each group, followed by a SWIFT wire transfer to the paymaster's account, when
payment for the bank instrument is completed.

An executed facsimile or email copy shall be deemed to be as an ORIGINAL.

AGREED AND SIGNED THIS DATE, Friday, November 12, 2021, FOR AND ON BEHALF OF
CLIENT:

Signature and Stamp/Seal:

NAME : GC GLOBAL GROUP CO., LTD SIGNATORY

NAME : MR MONGKHON APHICHAT
TITLE : CEO/DIRECTOR
PASSPORT NUMBER : AA6749409
COUNTRY OF ISSUE : THAILAND
ISSUE DATE : 02 FEB 2017
EXPIRY DATE : 01 FEB 2022
 RESOLUTION OF THE BOARD OF DIRECTORS
THIS IS TO CERTIFY THAT THE BOARD OF DIRECTORS GC GLOBAL GROUP CO LTD, HAVING IT’S CONTACT
ADDRESS AT 961, M4, KAMPHAENG LANGU SATUN 91110 (HEREINAFTER REFERREDTO AS THE “COMPANY”),
HAVING A BOARD OF DIRECTORS MEETING WHICH WAS DULY AND REGULARLY CALLED, NOTICED AND HELD
ON 24th, FEBRUARY, 2021, AT THE COMPANY’S ABOVE REFERENCED CONTACT ADDRESS, AT WHICH THERE
WAS PRESENT A QUORUM THEREOF, WHEREIN THE FOLLOWING RESOLUTIONS WERE UNANIMOUSLY
ADOPTED, TO WIT: MR MONGKHON APHICHAT

RESOLVED: THAT MR MONGKHON APHICHAT, HOLDER OF PASSPORT NUMBER AA6749409, CEO AND
AUTHORIZED SIGNATORY FOR AND ON BEHALF OF THE COMPANY, WAS FULLY AUTHORIZED TO ACT
INDIVIDUALLY AS THE SOLE REPRESENTATIVE OF THE COMPANY TO EXECUTE ALL NECESSARY DOCUMENTS ON
BEHALF OF THE COMPANY IN CONNECTION WITH BANK INSTRUMENTS TRANSACTIONS AND TO EFFECT THE
OPENING AND OPERATION OF BANK ACCOUNTS ON BEHALF OF AND FOR THE BENEFIT OF THE COMPANY AT
ANY BANK(S) HE SHALL SELECT, AND BE A SIGNATORY THEREON, TO ACCEPT AND DISBURSE FUNDS THERE
FROM, AT HIS DISCRETION AND DETERMINATION, AND TO EXECUTE CONTRACTS WITH HIS SELECTED SOURCES
AND BANKS THEREIN, AT HIS DISCRETION, FOR AND IN THE BEST INTEREST OF THE COMPANY.

FURTHER RESOLVED: THAT MR MONGKHON APHICHAT, DIRECTOR OF THE COMPANY, BE AND HEREBY IS
AUTHORIZED AND DIRECTED TO CERTIFY THAT THE FOREGOING RESOLUTIONS AND THE PROVISIONS THEREOF
ARE IN CONFORMITY WITH THE CHARTER, BY LAWS AND ARTICLES OF INCORPORATION OF THE COMPANY,
AND THAT THE FOREGOING RESOLUTION AND THE AUTHORITY THEREBY CONVEYED SHALL REMAIN IN FULL
FORCE AND EFFECT UNTIL THE PURPOSE SET FORTH HEREIN ARE ACCOMPLISHED.

IT IS FURTHER CERTIFIED THAT THIS CORPORATE RESOLUTION’S FAX OR PHOTOCOPIES SHALL BE OF EQUAL
VALUE TO THEIR ORIGINAL AND SHALL BE ACCEPTED AS SUCH BY EVERYONE, FOR ALL PURPOSES,
EVERYWHERE.

IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND SEAL OF THE COMPANY IN CERTIFICATION OF
THE ABOVE RESOLUTIONS & PROVISIONS ON THIS DAY OF 20TH OCTOBER 2018

AGREED AND SIGNED THIS DATE, Friday, November 12, 2021, FOR AND ON BEHALF OF CLIENT:

Signature and Stamp/Seal:

NAME : GC GLOBAL GROUP CO., LTD SIGNATORY

NAME : MR MONGKHON APHICHAT
TITLE : CEO/DIRECTOR
PASSPORT NUMBER : AA6749409
COUNTRY OF ISSUE : THAILAND
ISSUE DATE : 02 FEB 2017
EXPIRY DATE : 01 FEB 2022
 APPENDIX B

RWA Pre-Advice 799 by Selling of Instrument

WE, XXXXXXXXXXXXXXXX, WITH REGISTERED ADDRESS AT XXXXXXXXXXXXXXXXXXX, REPRESENTED BY

THE UNDERSIGNED OFFICERS, HEREBY CONFIRM WITH FULLBANK RESPONSIBILITY AND LIABILITY ON
BEHALF OF OUR CLIENT XXXXXXXXXXXXXXXX ACCOUNT NO. [0000] THAT WE ARE READY, WILLING AND
ABLE TO DELIVER, VIA SWIFT MT760 PER THE ATTACHED WORDING, ONE (1), STANDBY LETTER OF
CREDIT IN ACCORDANCE WITH ICC PUBLICATION NO. XXXXXX ISSUED BY XXXXXXXXXXXXXX IN FAVOR OF
XXXXXXXXXXXX BANK ACCOUNT NUMBER XXX FOR THE BENEFIT OF [BUYER NAME]. WITH A PRINCIPAL
FACE VALUE OF FIVE HUNDRED MILLION US DOLLARS ($500,000,000.00) WITH VERBIAGE CONTAINED
HEREIN OF THIS TRANSMISSION.

WE FURTHER CONFIRM THAT THE STANDBY LETTER OF CREDIT IS CASH-BACKED AND IS ASSIGNABLE,
TRANSFERABLE, DIVISIBLE AND UNCONDITIONALLY.

AGREED WORDING FROM CLIENTS BANK.

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

MT799 BPU (ANSWERBACK)

(SPECIMEN COPY – FINAL VERBIAGE AS PER ISSUING BANK STANDARD FORMAT)
FROM RECEIVER'S BANK TO ISSUING BANK

TEXT FORMAT OF BPU

SWIFT MT 799

SENDER

BANK NAME:
BANK ADDRESS:
SWIFT CODE:
ACCOUNT NAME:
ACCOUNT NO:
BANK OFFICER NAME:
BANK TEL:
BANK FAX:

RECEIVER

BANK NAME HSBC BANK PLC

BANK ADDRESS 8 CANADA SQUARE, LONDON, E14 5HQ, UK
SWIFT CODE MIDLGB22
BANK OFFICER ADRIAN GORDON
AMOUNT $ 500,000,000.00
ACCOUNT NUMBER E60004288
TRANSACTION CODE: XXX
REFERENCE CODE: XXX

WE, XXXXXXXXXXXX, LOCATED AT XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX, HEREBY CONFIRM WITH

BANK RESPONSIBILITY THAT WE HAVE RECEIVED YOUR SWIFT MT799 RWA AND THAT WE ARE READY TO
RECEIVE ON BEHALF OF OUR CLIENT XXXXXXXXXXXXXXXXXXXXXXXXXXX, YOUR SWIFT MT760 STANDBY LETTER
OF CREDIT IN THE AMOUNT OF $ 500,000,000.00 (FIVE HUNDRED MILLION USD) ISSUED BY HSBC BANK PLC,
LOCATED AT 8 CANADA SQUARE, CANARY WHARF, E14 5HQ, LONDON, UK, IN FAVOUR OF OUR CLIENT,
XXXXXXXXXXXXXXXXXXXXX, WITH ACCOUNT NUMBER: XXXXXXXXXXXXXXXXXXXXXXXXX, WITH A VALIDITY OF
ONE (1) YEAR AND ONE (1) DAY FROM THE DATE OF ISSUE.

WE HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY THAT OUR CLIENT IS READY WILLING AND ABLE TO
FUND AGAINST THIS BANK INSTRUMENT ACCORDING TO THE AGREEMENT UNDER CONTRACT NUMBER:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

(XXXXXXXXXXX BANK PAYMENT UNDERTAKING TEXT XXXXXXXX TO BE COMPLETED IN

ACCORDANCE WITH BANKS)

THE ACCEPTANCE, VALIDATION, AUTHENTICATION AND CONFIRMATION OF THIS SWIFT MT760 CAN BE DONE
ON BANK-TO-BANK BASIS.

FOR AND ON BEHALF OF XXXXXXXXXXX, LOCATED AT XXXXXXXXXXX.

BANK OFFICER #1 - NAME/TITLE/PIN

BANK OFFICER #2 - NAME/TITLE/PIN
RECEIVERS INITIALS PROVIDERS INITIALS
 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

APPENDIX D

STANDBY LETTER OF CREDIT FORMAT SWIFT MT 760

PUT YOUR PREFERRED VERBIAGE PLEASE (CLIENT)

SWIFT MT760 SBLC VERBIAGE

RECEIVING BANK: XXXXXXXXXXXX

ACCOUNT: XXXXXXXXXXXXXXXXXXXXXXXXXXXX

DRAFT OF STANDBY LETTER OF CREDIT SENT VIA

SWIFT MT-760

FINAL CURRENCY MAY BE IN USD OR EURO ADJUST INSTRUMENT

AMOUNT IN SPECIMEN AS NEEDED

NOTES: (A) SAMPLE TEXT OF BANK SWIFT MT-760. (B) ANY PROPOSED
CONTENT CHANGES MUST BE APPROVED IN ADVANCE BEFORE SENDING.
(C) SENDING BANK(ER) TO ENSURE ACCURACY OF FINAL SWIFT. (D) SWIFT
PROTOCOL ONLY; NO ADVANCE CALLS OR THE TRANSACTION WILL BE
IMMEDIATELY TERMINATED. THE SWIFT MESSAGE MT-760 MUST BE SENT
ONLY VIA THE STANDARD BRUSSELS SWIFT SYSTEM (NOT VIA BANK
SCREEN, NOT VIA SWIFT-NET, NOT VIA INTERBANK SCREEN OR SWIFT, NOT
VIA EUROCLEAR, ET AL.), AND SENT BY PRIORITY SWIFT ‘URGENT - SAME
DAY WIRE’ (NOT NORMAL PRIORITY).

EVIDENCE: BANK TO PROVIDE A CERTIFIED TRANSMISSION COPY OF THE

SWIFT THAT WAS SENT THROUGH THE STANDARD BRUSSELS SWIFT
SYSTEM. A GENUINE COPY OF THE ANSWERBACK FROM THE RECEIVING
BANK ASSISTS TO CONFIRM THE VALIDITY OF THE SWIFT SENDING. ALSO,
A "CERTIFIED TRUE COPY", STATING THAT THE BANK INSTRUMENT IS
VALID AND AUTHENTIC.

NOTE: STRICT CONSEQUENCES RESULTING IN IMMEDIATE CONTRACT

TERMINATION IF THE CLIENT E-MAILS, TELEPHONES OR FAXES ANYTHING
TO THE RECEIVING BANK.

RECEIVERS INITIALS PROVIDERS INITIALS

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

PROCESSING NOTE CONCERNING STANDBY LETTER OF CREDIT (SBLC):

IF THE CLIENT IS SENDING A STANDBY LETTER OF CREDIT, IT MUST BE
CASH BACKED. UNLESS OTHERWISE APPROVED, THE SBLC CANNOT BE
BACKED BY A MEDIUM-TERM NOTE (MTN), THUS THE SBLC AND RECEIVED
SWIFT MUST NOT CONTAIN REFERENCE OF: NO ISIN CODE, NO CUSIP CODE,
NO COMMON CODE, NO WKN CODE. THE RECEIVING BANK MAY REQUIRE
A COPY OF THE BANK STATEMENT TO SHOW THAT THE SBLC IS CASH
BACKED.

MUST BE SENT BY PRIORITY SWIFT, “URGENT” - EXPRESS, SAME DAY WIRE

MT-760 FORMAT – VIA BRUSSELS SWIFT SYSTEM

MT-760 : FORMAT
NOTIFICATION :
DELIVERY STATUS :
PRIORITY / DELIVERY : URGENT, SAME DAY DELIVERY
MESSAGE INPUT REFERENCE: MESSAGE OUTPUT REFERENCE:

MESSAGE HEADER SWIFT

MT-760 SBLC DELIVERY

SENDER:
BANK NAME :
BANK ADDRESS :
BANK OFFICER :
BANK E-MAIL :
PHONE NUMBER :
TOTAL AMOUNT :
SWIFT CODE :
ACCOUNT HOLDER :
ACCOUNT NUMBER :

RECEIVING BANK: BANK NAME BANK ADDRESS ACCOUNT NAME

ACCOUNT NUMBER SWIFT CODE
BANK OFFICER
F:20 TRANSACTION REFERENCE CODE:
F:22 STANDBY LETTER OF CREDIT NUMBER:
F:94 PLACE OF ISSUE:
F:31C DATE OF ISSUE:
F:31D DATE OF EXPIRY: {INSERT DATE), 2021 (ONE YEAR FROM DATE OF
ISSUE) F32B CURRENCY: US DOLLARS
F36B AMOUNT: $ 000,000,000.00 ( HUNDRED MILLION USD)
RECEIVERS INITIALS PROVIDERS INITIALS
 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123
F40A: APPLICANT:
F:59: BENEFICIARY: F:77 NARRATIVE:

FOR THE VALUE RECEIVED,WE BANK, WITH ADDRESS

AT:
, HEREBY IRREVOCABLY AND UNCONDITIONALLY,
WITHOUT PROTEST OR NOTIFICATION PROMISE AND GUARANTEE TO PAY
ON TIME, IN FULL AND WITHOUT DELAY, AGAINST THIS STANDBY LETTER
OF CREDIT IN FAVOUR OF BENEFICIARY THE BEARER OR HOLDER
THEREOF, AT MATURITY, THE SUM OF HUNDRED
MILLION US DOLLARS ($ 000,000,000.00) IN THE LAWFUL CURRENCY OF THE
US DOLLARS.

WE CONFIRM WITH FULL BANKING RESPONSIBILITY THAT THE FUNDS

THAT ARE BACKING THIS STANDBY LETTER OF CREDIT ARE AND WILL BE
FREE AND UNENCUMBERED READY FOR WITHDRAWAL AS CASH AT ANY
TIME AS THIS STANDBY LETTER OF CREDIT IS PRESENTED AND CALLED
UPON. SUCH PAYMENT WILL BE UPON PRESENTATION AND SURRENDER
OF THIS STANDBY LETTER OF CREDIT AT THE OFFICE OF BANK, WITHOUT
SETOFF AND FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEE OR
WITHHOLDING OF ANY NATURE NOW OR HEREAFTER IMPOSED, LEVIED,
COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF THE
ISSUING OR PAYING BANK OR ANY POLITICAL SUBDIVISION OR
AUTHORITY THEREOF OR THEREIN.

THIS STANDBY LETTER OF CREDIT IS TRANSFERABLE, ASSIGNABLE AND

DIVISIBLE WITHOUT PRESENTATION TO US. THIS STANDBY LETTER OF
CREDIT IS SUBJECT TO THE UNIFORM RULES FOR DEMAND GUARANTEE
(URDG) FORMAT 758, UNDER THE INTERNATIONAL CHAMBER OF
COMMERCE, PARIS, FRANCE, PUBLICATION NO. 600.

FOR AND ON BEHALF OF BANK, (BANK ADDRESS)

AUTHORIZED OFFICER 1 AUTHORIZED

OFFICER 2
NAME NAME
PIN NUMBER PIN NUMBER
TITLE TITLE

RECEIVERS INITIALS PROVIDERS INITIALS

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

PARTY B - PROVIDER - COMMERCIAL TRADE LICENSE / ROC /

CERTIFICATE OF REGISTRATION

RECEIVERS INITIALS PROVIDERS INITIALS

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

PARTY B- PROVIDER - PASSPORT COPY

RECEIVERS INITIALS PROVIDERS INITIALS

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

PARTY A–RECEIVER - COMMERCIAL TRADE LICENSE / ROC

RECEIVERS INITIALS PROVIDERS INITIALS

 CONTRACT NUMBER : BHG/GCGGCL/AMCIHL-500MUSD/2032123
TRANSACTION CODE: FIN-TRX-500M-HSBC2032123

PARTY A–RECEIVER - PASSPORT COPY OF THE RECEIVER

RECEIVERS INITIALS PROVIDERS INITIALS