SOFT CORPORATE OFFER (SCO)

CIF PRICE - JULY 2023 - AGRO COMMODITIES

SUGAR IC45 US$ / MT

> 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 315 330 340 360 370 380 + 30
SBLC NON TRANSFERABLE 325 340 350 370 380 390 + 30
DLC transferable 345 360 370 390 400 410 + 30
DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow 345 360 370 390 400 410 + 30

SUGAR IC150 US$ / MT

> 500.000
x 12
200.000
X 12
100.000
x 12
50.000 25.000 12.500
X 12 X 12 X 12
SPOT
TRIAL
SBLC / TT 30/70 NA NA 350 360 370 385 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC transferable NA NA 380 390 400 415 + 30

ESCROW NA NA 370 380 390 405 + 30

BROWN SUGAR > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
600-2000 US$ / MT
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
SBLC NA NA 400 410 420 430 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC transferable NA NA 430 440 450 460 + 30

ESCROW NA NA 420 430 440 450 + 30

BEET SUGAR > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
US$ / MT
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
SBLC NA NA 420 430 440 450 + 30

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SOYBEAN GMO US$ / MT > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 ON REQUEST 495 500 505 510 520 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC TRANSFERABLE ON REQUEST 535 540 545 550 560 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow ON REQUEST 535 540 545 550 555 + 30

SOYBEAN > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT

NON GMO US$ / MT
x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 ON REQUEST 580 585 590 595 605 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA
DLC TRANSFERABLE ON REQUEST 605 610 615 620 630 + 30
DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow ON REQUEST 605 610 615 620 630 + 30

YELLOW CORN > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
GMO US$ / MT x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 280 290 295 300 310 320 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC / Escrow 330 340 345 350 360 370 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

YELLOW / WHITE > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
CORN NON GMO /
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
Popcorn
SBLC / TT 30/70 320 330 335 340 350 360 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC / Escrow 370 380 385 390 400 410 + 30

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 WHEAT US$ / MT > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 390 395 400 410 420 430 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC 430 435 440 450 460 470 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA

BARLEY US$ / MT > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 310 315 320 330 340 350 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC 350 355 360 370 380 390 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

EDIBLE OILS MT SUNFLOWER SOYBEAN RAPESEED YELLOW CORN

x 12 REFINED CRUDE REFINED CRUDE REFINED CRUDE REFINED CRUDE

> 15.000 1525 1500 1500 1440 1475 1465 1620 1600
10.000 1550 1530 1530 1470 1500 1490 1645 1625
7.500 1575 1555 1555 1500 1525 1515 1665 1645
5.000 1600 1580 1580 1530 1550 1540 1685 1665
3.000 1625 1605 1605 1560 1575 1565 1705 1685
2.500 1650 1630 1630 1590 1600 1590 1725 1710
TRIAL SPOT 1675 1655 1655 1620 1625 1615 1745 1730

> Origin: Brazil.

> MOQ: 2500 MT. Bottles and Flexi tank.
> Payment: SBLC MT 760, only.

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 PAYMENT AT DESTINATION PORT

SUGAR IC45 US$ / MT

> 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 x 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 390 400 410 420 430 440 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC transferable 405 415 425 435 445 455 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow 405 415 425 435 445 455 + 30

SOYBEAN GMO US$ / MT > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 ON REQUEST 645 650 655 660 665 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC TRANSFERABLE ON REQUEST 660 665 670 675 680 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow ON REQUEST 660 665 670 675 680 + 30

SOYBEAN NGMO US$ / > 500.000 200.000 100.000 50.000 25.000 12.500 SPOT
MT x 12 X 12 x 12 X 12 X 12 X 12 TRIAL
SBLC / TT 30/70 ON REQUEST 655 660 665 670 675 + 30
SBLC NON TRANSFERABLE NA NA NA NA NA NA NA

DLC TRANSFERABLE ON REQUEST 670 675 680 685 690 + 30

DLC NON TRANSFERABLE NA NA NA NA NA NA NA

Escrow ON REQUEST 670 675 680 685 690 + 30

Note: The price list or conditions may be changed without prior notice.

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Payment terms (TRANSFERABLE): Financial instrument, irrevocable, transferable,
divisible, bank confirmed, top 25/50 worldwide. Payment MT 103, against shipping
documents, inspection and certificates.

CAD or TT payment: Payment 30% after signing the contract and 70% against copy of
shipping documents (BL, packing list, invoice, SGS, etc.). 100% CAD isn´t accepted.

Payment terms (NON-TRANSFERABLE) NOT AVAILABLE THIS MONTH:

Escrow Account – Buyer put the amount representing one-month face value purchase
in ESCROW ACCOUNT – open for 12 months as Guarantee. Each month Buyer pays by
MT103/TT against the Official Shipping Document including BL andSGS Report. The
most economical solution for the buyer in terms of financial instruments use! Seller
bears all financial costs within REYL & Cie bank or JP Morgan.
Performance Bond: 2 % (within seven to fifteen days after confirmation of the
financial instrument). not applicable to spot offers and payment with financial
instrument nontransferable, payment TT or escrow account.
Performance Past: We do not make. Prohibited by protection law data.
GACC register: Available. It will be mentioned in the FCO.
Insurance: 110%. included in the price, borne by the seller.
POP is made by SGS during the loading of the vessel, where the buyer's representative is
invited to be present at the loading port.

POF: Buyer provide POF bank to bank (A BCL for DD can be requested with ICPO)

PROCEDURES: (FINANCIAL INSTRUMENT TRANSFERABLE)

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a. Buyer send LOI

b. Seller mandate send SCO

c. Buyer send ICPO + POF

d. Both parties involved sign NCNDA.

e. Seller send FCO and buyer sign and return.

f. Seller sends Draft SPA (Sales Purchase Agreement) within two (2)
business days. Buyer reviews, and makes necessary corrections to the
Draft SPA, and then signs and returns it to the Seller. The Seller reviews
and sends the final SPA. Both sign and stamp.

g. Iberenterprise group is a seller mandate. The contract is made directly with the
seller, who has the quota of the refinery. The refinery does not accept regular
visits, so it is difficult to make video and photographic PPOP, in time to follow
with the purchase process. POP is made by SGS during the loading of the
vessel, where the buyer's representative is invited to be present at the loading
port.

h. Until 3 days after signing the SPA, the buyer issues a financial instrument
draft for the seller's approval. 7 to 10 days after signing the SPA, the
buyer must issue the financial instrument according to the draft,
confirmed by the world top bank 25/50.

i. Shipment commences as agreed within the SPA usually within (15-25 days)
depending on the Port, and after confirmation of the Operative Instrument is
confirmed by Seller’s Bank.

j. PB 2% Within seven to fifteen days after the operative financial instrument.

Not applicable to SPOT offers or non-transferable financial instruments.

k. At time of charter party determination, the Seller will provide delivery

details to the Buyer. Seller also provides arrival of the vessel and all
otherpertinent matters if applicable.

l. The ship is loaded, in the presence of the SGS, which will certify, issuing the
POP. the buyer is invited to be present when the vessel is loaded, at the
port of origin.

m. All subsequent shipments will follow the same procedure if applicable.

All shipping documentation will be delivered to the bank, within 5 working days the
seller will receive payment MT103.

PROCEDURES: CAD or TT payment

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 Buyer send LOI

 Seller mandate send SCO.

 Buyer send ICPO to Iberenterprise Group +

 Both parties involved sign NCNDA.

 Seller send FCO. Buyer sign and return.

 Seller sends draft SPA (sales purchase agreement) within two (2) business days to buyer.

 Buyer reviews, and makes necessary corrections to the draft SPA, and then signs and returns it to
the seller. The seller reviews and sends the final SPA. Both sign and stamp.

 Seller send proforma invoice and provide allocation letter bank to bank.

 Buyer proceeds to transfer the 30%, up to 5 days after signing the SPA.

 Shipment commences as agreed within the SPA usually within (15-25 days) depending on the port,
and after confirmation of the payment is confirmed by seller’s bank.

 At time of charter party determination, the seller will provide delivery details to the buyer. Seller
also provides arrival of the vessel and all other pertinent matters if applicable.

 The ship is loaded, in the presence of the SGS, which will certify, issuing the POP. The buyer can
be present to watch the loading.

 The seller sends a copy of the shipping documents to the buyer. Within 72 hours, the buyer transfers
the remaining amount of invoice to the seller. Upon receipt of payment, seller sends original
documents to buyer, via email and DHL.

 All subsequent shipments will follow the same procedure if applicable.

PROCEDURES: ESCROW ACCOUNT

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 Buyer sends LOI
 Seller mandate send SCO
 Buyer sends ICPO to Iberenterprise Group (BCL can be requested)
 Seller sends a FCO to the Buyer
 Buyer signs an returns the signed FCO
 Seller sends a draft sales and purchase agreement (SPA)
 Wihtin 48 hours: Buyer signs back the SPA inputs his passport, proof he is allowed to sign this
contract and the incorporation certificate of company and he sends back
 Seller signs the SPA and sends back accompanied with the proforma invoice
 Buyer returns the proforma invoice signed
 After having been signed and stamped manually by the seller and buyer, Seller will send via the
“DocuSign” Service for the management of electronic Signatures and digital transactions
(https://www.docusign.com/) is deemed as having original value with all the associated legal and
legal scope. It will therefore be a substitute for the original paper.
 Buyer needs to provide all documentation for Escrow in third party Swiss Bank or JP Morgan
 Escrow signed between bank, seller and buyer.
 Buyer transfers one-month face value purchase to the escrow account.
 Within 30/45 days after money in escrow, delivery starts.
 Wthin 3 business days after the shipping document is given to buyer’s bank, real payment is
released by MT 103 / TT.

PROCEDURES: DLC NON-TRANSFERABLE NOT AVAILABLE

PROCEDURE: FOR BLOCK FUND PAYMENT TERMS

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• BUYER SENDS ICPO
• SELLER MANDATE SEND SCO
• BUYER SENDS A ICPO (FULL INFORMATION) + POF
• SELLER SENDS A FCO TO THE BUYER
• BUYER SIGNS AN RETURNS THE FCO

• SELLER SENDS THE DRAFT SALES AND PURCHASE AGREEMENT (SPA) TO BUYER– THIS
DOCUMENT
• WIHTIN 48 HOURS: BUYER SIGNS BACK THE SPA, INPUTS AUTHORIZED SIGNER’S
PASSPORT, PROOF THAT THE SIGNER IS AUTHORIZED TO SIGN THIS CONTRACT, THE
INCORPORATION CERTIFICATE OF COMPANY AND SENDS ITS OWN COMPANY CIS/KYCAND
THE CIS/KYC OF THE ISSUER OF THE FINANCIAL INSTRUMENT IF BUYER IS USING A FINANCIER
TO ISSUE THE PAYMENT GUARANTEE AND BUYER SENDS BACK
• SELLER SIGNS THE SPA AND SENDS BACK ACCOMPANIED WITH THE PROFORMA INVOICE
• BUYER RETURNS THE PROFORMA INVOICE SIGNED
• AFTER HAVING BEEN SIGNED AND STAMPED MANUALLY BY THE SELLER AND BUYER,SELLER
WILL SEND VIA THE “DOCUSIGN” SERVICE FOR THE MANAGEMENT OF ELECTRONIC
SIGNATURES AND DIGITAL TRANSACTIONS (https://www.docusign.com/) AND DEEMED AS
HAVING ORIGINAL VALUE WITH ALL THE ASSOCIATED LEGAL AND LEGAL SCOPE. IT WILL
THEREFORE BE A SUBSTITUTE FOR THE ORIGINAL PAPER
• WITHIN 7 BUSINESS DAYS, BUYER ISSUES THE FINANCIAL INSTRUMENT DRAFT – REAL DRAFT
FROM THE BANK WITH ALL RELATED INFORMATION FULLFILL
• SELLER VALIDATES DRAFT WITH FIDUCIARY LAW FIRM ACCOUNT IN NEW YORK AND
INDICATES THE REVIEWS IF NEEDED OR ADVISES IF THE FINANCIAL INSTRUMENT CAN BE
OPENED AND INDICATES THE DESIGNATED FIDUCIARY’S NAME AND ACCOUNT NUMBER IN
FAVOR OF WHICH THE BLOCK FUND MUST BE OPENED
• BUYER’S BANK ISSUES A PRE-ADVICE SWIFT MT799 STATING THEY ARE READY TO ISSUE THE
BLOCK FUND
• THE FIDUCIARY RESPONDS BY SWIFT AND ACCEPTS THAT THE BLOCK FUND IS OPENED AND
BLOCKED ON THEIR NAME IN THE BUYER’S BANK
• BUYER’S BANK SENDS THE BLOCK FUND (MT760) SWIFT MESSAGE TO THE FIDUCIARY BANK
• WITHIN 35/45 DAYS AFTER THE FINANCIAL INSTRUMENT IS OPENED, DELIVERY STARTS
• WTHIN 3 BUSINESS DAYS AFTER THE SHIPPING DOCUMENT INCLUDING SGS REPORT ISGIVEN
TO BUYER’S BANK, REAL PAYMENT IS RELEASED BY MT103/TT AT LOADING PORT

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