VAL FEX GROUP LTD 21 RUE ROUSSEAU 1201 GENÈVE, SWITZERLAND TEL: 41225017522 FAX: 41225017533 EMAIL: info@valfexgroupltd.com WEB: www.valfexgroupltd.com Contract No. 022821-28 Date: March 2, 2022 Ref: VFG/2022/03/SME/011788 To: Salamt Yar Behesht Dayan Unit7, No7, Balavar Alley , Enghelab Tehran Iran Attn: Attn: Dr. Amir Abbas Esmaeilzadeh PagePage | 1 of| 1 Dear Sir/Madam IN-PRINCIPLE: APPROVAL FOR CORPORATE LOAN We are delighted to confirm In-Principle Approval for your interest to secure finance through our company as referenced in the completed loan application form subject to terms and conditions of the loan agreement we are pleased to inform you that the loan amount of $998.000.000 (Nine Hundred and Ninety Eight Million United State Dollar) has been approved for Salamt Yar Behesht Dayanand reserved. The loan amount shall be made available upon presentations of all requirements during the closing at the Financial Broker’s (Tajo Espania Sdn Bhd) office in Malaysia. The commitment is subject to the conditions that, prior to any funding of the Loan, there shall not have occurred any adverse changes to the applicant's financial condition, operations, assets, liabilities, business, or prospects, among other things. In addition, this commitment will no longer be effective unless accepted by applicant by proceeding for the closing and presentations of all requirements to the Financial Broker’s before March 17, 2022. Sincerely, Daniel Mazzolini Vice President /CFO SME Finance