SALES CONTRACT No: 688LS0720-7 Date: 14/01/2021 SELLER: BLUE OCEAN IM-EXPORT CO.,LTD 106 Khu A, KDC Su Van Hanh, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam BUYER: LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. CONSIGNEE: LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. It has been mutually agreed by the Seller and the Buyer on the sales and purchase of rice on the terms and conditions as follows: 1. DESCRIPTION AND QUANTITY, PRICE AND AMOUNT: No 1 Description of Goods KDM rice, 5% broken Grand Total Packing 25 kg Quantity Unit Bag 3.760 Master Bag 3.760 Tons Cont Unit Price USD/MT 94,00 4,00 660,00 94,00 4,00 Amount USD 62.040,00 62.040,00 Say in USD: Sixty-two thousand fourty Dollar only. CIF - Hong Kong, Hong Kong, Incoterms 2010 Specifications Fragrant Rice (ST5) Broken basic (3/4) Moisture Foreign matter Yellow kernels Chalky kernels (3/4) Damaged kernels Red & streaked kernels 5% max 14% max 0.1% max 0.5% max 2% max 0.5% max 0.5% max Paddy (grains/kg) Immature kernel Glutinous rice Purity degree Average length of whole kernel Crop year Milling degree 2. PORT OF LOADING: Any Ho Chi Minh Port, Vietnam 3. PORT OF DESTINATION: Hong Kong, Hong Kong 1 1 seed/kg max 0.1% max 0.3% max 90% min 7.2 mm Current year Well milled, double polished & sortexed 4. PACKING: Strong export seaworthy bag as above. And 1% empty bags free of charge along with the shipment. 5. MARKINGS: Lotus Rice 6. SHIPMENT: February 2021 7. PARTIAL SHIPMENT: Not Allowed, Quantity Tolerance +/-10% 8. INSPECTION: Inspection Company: ERS The inspection fees are for the Seller's account. The Certificate of quality, quantity, weight and packing issued by indepedent inspection company is final at loading port. 9. FUMIGATION: Fumigation to be effected after completion of stuffing rice into containers. 10. PAYMENT: T/T 100% After shipment. 100% contract value must be transferred after received cargos. The seller's Bank Account: Beneficiary: Blue Ocean Im-Export Co, Ltd. VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE - SAIGON BRANCH 1425-1427 MY TOAN 2 (H4), NGUYEN VAN LINH STREET, QUARTER 4, TAN PHONG WARD, DISTRICT 7, HO CHI MINH, VIETNAM. Account No: 119000203945 Swift Code: ICBVVNVX912 All bank fee of intermediary bank and receiving bank will be at the beneficiary account. 11. SHIPPING DOCUMENTS: Bill of lading: 03 original and 03 copies. Commercial Invoice: 01 original and 02 copies. Packing List: 01 original and 02 copies. Phytosanitary Certificate issued Ministry of Agriculture & Rural Development, Plant Protection Department. Vietnam: 01 original and 02 copies. Fumigation Certificate: 01 original and 02 copies. Certificate of Origin - issued by Vietnam Chamber of Commerce and Industry Branch in Ho Chi Minh city: 01 original and 02 copies. Certificate of Weight, Quality, Packing issued by independent inspection company: 01 origin and 01 copy. Certificate of Container cleanliness issued by independent inspection company: 01 original and 01 copy. 12. TAXES AND LICENCES: 2 Any export license and other taxes, duty, levy, etc in country of origin for Seller's account. Any import license and other taxes, duty, levy, etc in country of import for Buyer's account. Any delay or failure by Buyer to obtain export license arising any consequence, cost, expense, damages to cargo, container demurrage/detention or storage and/or price difference shall be for Buyer's account and risks. 13. FORCE MAJEURE: Force Majeure such as wars, embargoes, fire, floods, civil commotion, insurrection, riots, strikes, earthquakes, tempests including but not limiting to Acts of Gods and Government's restriction or to any condition beyond the Seller's control subject to ICC Force Majeure Clause 2003. 14. ARBITRATION: In case of dispute/claim occured out of or concerning this contract, if the contracting parties cannot reach amicable settlement within 30 days from its occurrence, the case shall be transferred to Vietnam International Arbitration Center (V.I.A.C) for final settlement. The rules of V.I.A.C are to be applied for this case. The award of arbitration will be binding for both seller and buyer. The losing party bears all expenses thereof. 15. DURATION OF AGREEMENT: The present contract comes into effect the date of signing by all participants of the agreement. The time of duration of the present Contract is until the fulfillment of their obligations by the parties. IN WITNESS WHEREOF, the parties have here into set their hands and seals the day and year first written above. FOR AND ON BEHALF OF THE SELLER FOR AND ON BEHALF OF THE BUYER Nguyen Quang Thang JAY HUANG 3 COMMERCIAL INVOICE Company name: BLUE OCEAN IM-EXPORT CO.,LTD Address: 106 Khu A, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam Tel: 38295524 - 38295523 - 38223542 Fax: 84.8.291098 Email: blueocean@hcm.fpt.vn Send to: LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha, Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. No & Date of L/C 1004.599 Dated February 01, 2021 Ship Via: SEA FREIGHT Quantity 94 MT Code Invoice No. 03/10 Page: 1/1 Date: 01 March, 2021 Ship to: FROM: HOCHIMINH CITY PORT, VIETNAM TO: HONGKONG PORT Your order No. L/C Issuing bank: HSBC HONG KONG Term of Payment: T.T REMITTANCE Description KDM rice, 5% broken Unit price Amount USD/MT CIF 660.00 HONGKONG 62.040,00 TOTAL 62.040,00 In words: US Dollars sixty-two thousand forty only COUNTRY OF ORIGIN: VIETNAM CONSIGNEE TO: LS RICE (HK) LIMITED Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. Signature BLUE OCEAN IM-EXPORT CO.,LTD MOL Mitsui O.S.K Lines, Ltd. WAY BILL (NON-NEGOTIABLE) Shipper Booking No. BLUE OCEAN IM-EXPORT CO.,LTD 106 Khu A, KDC Su Van Hanh, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam Waybill No. PDS-3 RECEIVED in apparent external good order and condition except as otherwise noted the total number of Containers or other packages or units enumerated below (*) for transportation from the Place of Receipt to the Place of Delivery subject to the terms and conditions on the face and back hereof and delivery there to the Consignee on the production proof of identify. IN WITNESS WHEREOF, the undersigned, on behalf of Mitsui OSK Lines Ltd., as the Carrier, has signed the number of Waybill(s) stated under, all of tenor and date. Consignee LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. Notify Party This Waybill is not to be construed as a Bill of Lading or as any other similar document of title as referred in the International Carriage of Goods by Sea Act of Japan, 1957 as amended 1992 or any other foreign legislation of a nature similar to the International Convention for the Unification of Certain Rules relating to Bills of Lading signed at Brussels on August 25, 1924 or the amendments by the Protocol signed at Brussels on February 23, 1968 or the amendments by the Protocol singed at Brussels on December 21, 1979. (The terms and conditions of Waybill continued on the back hereof.) LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. Pre-carriage by Place of receipt Ocean vessel/Voy. No. Port of loading MV HY VONG Shipper's Declared Value__________________USD subject to terms and conditions overleaf. Also Notify (For Merchant's reference only) HOCHIMINH PORT, VIETNAM Port of discharge Place of delivery HONG KONG PORT No. of Containers of Packages Particulars furnished by shipper Container No. Seal No. Marks & Nos Final destination for the Merchant's reference HONG KONG PORT HM Type or kind of Containers or Packages Description of goods Gross Weight KDM rice, 5% broken 2011 IN BULK NW: 660.00 MT Broken basic (3/4) Moisture Foreign matter Yellow kernels Chalky kernels (3/4) Damaged kernels Red & streaked kernels Measurement x 5% max 14% max 0.1% max 0.5% max 2% max 0.5% max 0.5% max * Total number of Containers or other packages or units received by the Carrier (in words) Code Tariff Item Basis Freighted as Curr. Rate Per Prepaid Collect FREIGHT PAYABLE AT SINGAPORE No. of Originals Place and date of Waybill issue: 03 (THREE) HOCHIMINH CITY, MARCH 01, 2021 Totals & Pay at: Signature As Agents Mitsui O.S.K Lines, Ltd as Carrier By APEX INTERNATIONAL LOGISTICS As Agents ORIGINAL 1. Goods consigned from (Exporter's business name, address, country) BLUE OCEAN IM-EXPORT CO.,LTD 106 Khu A, KDC Su Van Hanh, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam Reference No. ASEAN - CHINA FREE TRADE AREA CERTIFICATE OF ORIGIN (Combined Declaration and Certificate) 2. Goods consigned to (Consignee's name, address, country) LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. 3. Means of transport and route (as far as known) SEA FREIGHT FORM E Issued in VIETNAM See Notes Overleaf 4. For official use Preferential Treatment Given Departure Date 1-Mar-21 Preferential Treatment Not Given (Please state reason/s) Vessel's Name/Aircraft etc. MV HY VONG Port of Discharge HONG KONG PORT 5. Item 6. Marks and number numbers on packages …………………………………………………………………… Signature of Authorised Signatory of the Importing Country 7. Number and type of packages, description of goods 8. Origin 9. Gross weight 10. Number and (including quantity where appropriate and HS number of criterion (see or other quantity date of invoices the importing country). Notes overleaf) and value (FOB) KDM rice, 5% broken TOTAL: NINETY FOUR TONS Broken basic (3/4) Moisture Foreign matter Yellow kernels Chalky kernels (3/4) Damaged kernels Red & streaked kernels 11. Declaration by the exporter The undersigned hereby declares that the above details and statement are correct; that all the goods were produced in VIETNAM (Country) and that they comply with the origin requirements specified for those goods exported to 5% max 14% max 0.1% max 0.5% max 2% max 0.5% max 0.5% max NV: 94 MT INV No 03/10 DATE MARCH 01, 2021 12. Certification It is hereby certified, on the basis of control carried out, that the declaration by the exporter is correct. CHAMBER OF COMMERCE & INDUSTRY VIETNAM HONG KONG (Importing Country) HOCHIMINH CITY, MARCH 04, 2021 Place and date, signature of authorised signatory HOCHIMINH CITY, MARCH 04, 2021 Place and date, signature and stamp of certifying authority HEAD OFFICE 54 Tran Nhan Tong St., Hanoi Tel: 4.38253840 – 4.38255077 Fax: 84.4.38253844 ----------------HOCHIMINH CITY BRANCH 80 Ba Huyen Thanh Quan St., Tel: 8.38444704 – 8.38444324 Fax: 84.8.38442961 THE VIETNAM SUPERINTENDENCE AND INSPECTION COMPANY CERTIFICATE OF QUALITY, QUANTITY AND WEIGHT No: 1233SX/2338NV1 Date: MARCH 03, 2021 SHIPPER CONSIGNEE COMMODITY WEIGHT VESSEL LOADING PORT DESTINATION PORT DATE OF EXPORT B/L NO. PACKING QUALITY WEIGHT Place of inspection Date of inspection BLUE OCEAN IM-EXPORT CO.,LTD 106 Khu A, KDC Su Van Hanh, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam LS RICE (HK) LIMITED KDM RICE, 5% BROKEN 94.00 METRIC TONS NET MV. HY VONG HOCHIMINH CITY PORT, VIETNAM HONGKONG PORT MARCH 01, 2021 PDS-3 RESULT OF INSPECTION IN BULK (In jute bags or pp bags. Alongside the vessel with our inspection 3,760 bags were opened and poor out into the vessel’s hold). The representative samples of the lot were drawn from 10% of bags take at random and checked the quality in the laboratory. Results: Broken basic (3/4) 5% max Moisture 14% max Foreign matter 0.1% max Yellow kernels 0.5% max Chalky kernels (3/4) 2% max Damaged kernels 0.5% max Red & streaked kernels0.5% max At the seller’s warehouse, we check weighed 10% of bags taken at random in the lot and a number of empties representing each kind of packing by platform scale. Basing on the average weight and one bag tonad: - Gross weight of one bag (kg) : 25.1 - Tare of one bag (kg) : 0.1 - Net weight of one bag (kg) : 25 The weight of the whole lot as follows : 3,760 bags Net weight : 94 metric tons At the seller’s warehouse and at port of loading March 01, 2021 SURVEYOR Signed NGUYEN MINH TUNG CHI CỤC KIỂM DỊCH THỰC VẬT VÙNG II SOUTHERN REGIONAL PLANT QUARANTINE SERVICE BỘ NÔNG NGHIỆP VÀ PHÁT TRIỂN NÔNG THÔN MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT GIẤY CHỨNG NHẬN KHỬ TRÙNG FUMIGATION CERTIFICATE No: 01/2021-CCKDTVVII Nay chứng nhận lô hàng có chi tiết dưới đây: We hereby certify that the cargo with following details: Tên hàng: KDM RICE, 5% BROKEN Name of the commodity Số lượng Quantity : IN BULK Trọng lượng: NW: 94.00 MT Weight : MV HY VONG B/L No: PDS-3 Mý mã hiệu: Mark Phương tiện chuyên chở Means of conveyance Đã được khử trùng bằng thuốc: A1P Has been fumigated with Liều lượng Dosage : 20 cm/m3 Thời gian Duration of exposure : 72 Hours Địa điểm Place of fumigation : IN WAREHOUSES Ngày khử trùng Date fumigated. : MARCH 03, 2021 HOCHIMINH CITY, MARCH 03, 2021 DIRECTOR (Signed) NGUYEN QUANG NGHI BỘ NÔNG NGHIỆP VÀ PHÁT TRIỂN NÔNG CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT THÔN NAM MINISTRY OF AGRICULTURE & RURAL SOCIALIST REPUBLIC OF VIETNAM DEVELOPMENT Độc lập – Tự do – Hạnh phúc INDEPENDENCE-FREEDOM-HAPPINESS CỤC BẢO VỆ THỰC VẬT PLANT PROTECTION DEPARTMENT GIẤY CHỨNG NHẬN KIỂM DỊCH THỰC VẬT PHYTOSANITARY CERTIFICATE Số: No: 6384/KDTV/ SG/XK Gửi: Cơ quan bảo vệ thực vật nước TO: THE PLANT PROTECTION ORGANIZATION(S) OF MALAYSIA DIỄN GIẢI LÔ HÀNG (DESCRIPTION OF CONSIGNMENT) 1. Tên, địa chỉ người xuất khẩu Name and address of the Exporter BLUE OCEAN IM-EXPORT CO.,LTD 106 Khu A, KDC Su Van Hanh, Su Van Hanh St., Ward 9, District 5, Ho Chi Minh City, Vietnam 2. Tên, địa chỉ người nhận Declared name and address of consignee LS RICE (HK) LIMITED Ground Floor 125B-2, Tin Ha Road Hung Shui Kiu, Yuen Long, New Territories, Hong Kong. 3. Số lượng và loại bao bì Number and description of packages IN BULK – NW: 94.00 MTS 5. Nơi sản xuất: Place of Origin: SOCIALIST REPUBLIC OF VIETNAM 6. Phương tiện chuyên chở Declared Means of Conveyance BY SEA – MV HY VONG 7. Cửa khẩu nhập Declared point of entry HONGKONG PORT 8. Tên và khối lượng sản phẩm Nam of product and quantity declared KDM RICE, 5% BROKEN 4. Ký mã hiệu Distinguishing marks 9. Tên khoa học của thực vật Botanical name of plant NONE Not applicable Nay chứng nhận rằng những cây hoặc sản phẩm cây nêu trên đã được kiểm tra theo thao tác, thủ tục thích hợp và được ghi nhãn là không nhiễm sâu bệnh thuộc diện kiểm dịch thực vật và thực tế không bị nhiễm sâu hại khác; rằng những cây hoặc sản phẩm cây nêu trên được coi là phù hợp với những quy định kiểm dịch thực vật hiện hành của nước nhập khẩu. This is to certify that the plants or plant products described above have been inspected according to appropriate procedures and are considered to be free from quarantine pests, and practically free from other injurious pests, and that they are considered to conform with the current phytosanitary regulations of the importing country. XỬ LÝ (DISINFESTATION AND/OR DISINFESTION TREATMENT) 10. Ngày DATE MARCH 03, 2021 11. Phương pháp xử lý TREATMENT FUMIGATION 16. Dấu của cơ quan STAMP OF ORGANIZATION 12. Tên thuốc (hoạt chất) CHEMICAL (active ingredent) ALP 13. Nồng độ CONCENTRATION 20GM/M3 14. Thời gian và nhiệt độ DURATION AND TEMPERATURE 72 HOURS 15. Thông tin thêm ADDITIONAL INFORMATION NIL 17. Nơi cấp PLACE OF ISSUE HOCHIMINH CITY 19. Tên, chữ ký của cán bộ kiểm dịch thực vật có thẩm quyền (NAME AND SIGNATURE OF AUTHORIZED OFFICER) 18. Ngày cấp DATE OF ISSUE MARCH 04, 2021 Cục bảo vệ thực vật hoặc viên chức kiểm dịch thực vật của Việt Nam không có trách nhiệm nào về mặt tài chính liên quan đến giấy chứng nhận này. (No financial liability with respect to this certificate shall attach to Plant Protection Department of Vietnam or to any of its officers or representatives) No.: 06/10 BILL OF EXCHANGE Date: March 01, 2021 For: USD 62,040.00 At sight of this FIRST Bill of Exchange (Second of the same tenor and date being unpaid) pay to the order of VIETCOMBANK HOCHIMINH CITY, the sum of Sixty-two thousand fourty Dollar only. Value received as per our Invoice(s) No: 03/10 dated March 01, 2021 Drawn under: HSBC HONG KONG Irrevocable L/C No.: 1004.599 Dated/Wired: 25 February, 2021 To: HSBC HONG KONG Director NGUYEN THI THUY HANG No.: 06/10 BILL OF EXCHANGE Date: March 01, 2021 For: USD 62,040.00 At sight of this SECOND Bill of Exchange (First of the same tenor and date being unpaid) pay to the order of VIETCOMBANK HOCHIMINH CITY, the sum of Sixty-two thousand fourty Dollar only. Value received as per our Invoice(s) No: 03/10 dated March 01, 2021 Drawn under: HSBC HONG KONG Irrevocable L/C No.: 1004.599 Dated/Wired: 25 February, 2021 To: HSBC HONG KONG Director NGUYEN THI THUY HANG