Certificate N°: 2202280B86

Page N°: 1/ 3

Minerals Services
Barranquilla
F490101
Barranquilla-Colombia
Job No. OL 78005

TO: ARIA SE, HAMBURG, GERMANY

CERTIFICATE OF QUALITY
VESSEL : AMYNTOR
DATE : FEBRUARY 18th, 2022 – FEBRUARY 22th, 2022.
COMMODITY : GREEN DELAYED PETROLEUM COKE
PORT OF LOADING : JOSE ZUATA SOLI, PORT, VENEZUELA
SHIPPER : MAROIL TRADING INC
B/L NUMBER : BL 01
B/L QUANTITY (MT) : 27,136.876
B/L DATE : FEBRUARY 18th, 2022. .
CONSIGNEE : TO THE ORDER OF MAROIL TRADING INC.
PORT OF DISCHARGE : RIZHAO, PORT, CHINA

In accordance with instructions received from our Principal, ARIA SE, HAMBURG, GERMANY., take the manual sampling over a Maroil conveyor
bell system, taken one sample each 500 metric tons of approximately 12 kg each during the loading of Barges at JOSE ZUATA SOLI, PORT,
VENEZUELA, from February 18, 2022 to February 22, According to ASTM Standars D4057 and D346

In accordance with instructions received from our Principal, ARIA SE, HAMBURG, GERMANY, to perform analysis of the above mentioned
shipment, we hereby report the following results, in accordance with the applicable standard methods,.

Laboratory ID:
0019381.001 Analysis
Date : 02-24-2022

PROXIMATE ANALYSIS AS RECEIVED DRY BASIS Method(ASTM)

Total Moisture, pct. 5.50 D-4931-17a
Ash, pct. 0.64 0.64 D-4422-19
Volatile matter, pct. 12.87 12.50 D-3175-20
Fixed Carbon, pct.wt. 81.73 86.85 D-3172-13a(21)
Sulphur, pct. 4.84 4.86 D-4239-18e1 Meth. B
Gross Calorific Value, 15098 15152 D-5865-19a
(Btu/Lb.)
Gross Calorific Value, 7926 8423 D-5865-19a
(Kcal/Kgr)
Gross Calorific Value 33,19 35,27 D-5865-19a
(GJ/TON)
METALS
Vanadium pct, 0.179 D-5600-17
Vanadium + Other Metals ppm 3.323,9 D-5600-17

HARDGROVE GRINDABILITY INDEX

HGI = 67 at 0.42 Percent of moisture D-5003-06a(19)

This document is issued by the Company subject to its General Conditions of Service
(www.sgs.com/en/Terms-and-Conditions.aspx). Attention is drawn to the limitations of liability,
SGS Colombia S.A.S. indemnification and jurisdictional issues established therein.
This document is to be treated as an original within the meaning of UCP 600. Any holder of this
Km. 8 Vía Aeropuerto Ernesto Cortissoz document is advised that information contained hereon reflects the Company’s findings at the
time of its intervention only and within the limits of client’s instructions, if any. The Company’s
Barranquilla, sole responsibility is to its Client and this document does not exonerate parties to a transaction
Colombia from exercising all their rights and obligations under the transaction documents. Any
unauthorized alteration, forgery or falsification of the content or appearance of this document is
Phone: +57 5 376 9500 Ext 521 unlawful and offenders may be prosecuted to the fullest extent of the law.
Fax: +57 5 376 9503 The authenticity of this document may be verified at
https://sgsonsite.sgs.com/en/v2/common/ecertificate/authenticateeCertificate.jsp.
Certificate N°: 2202280B86
Page N°: 2/ 3

Minerals Services
Barranquilla
F490101
Barranquilla-Colombia
Job No. OL 78005

TO: MAROIL TRADING INC.

CERTIFICATE OF QUALITY
VESSEL : AMYNTOR
DATE : FEBRUARY 18th, 2022 – FEBRUARY 22th, 2022.
COMMODITY : GREEN DELAYED PETROLEUM COKE
PORT OF LOADING : JOSE ZUATA SOLI, PORT, VENEZUELA
SHIPPER : MAROIL TRADING INC
B/L NUMBER : BL 01
B/L QUANTITY (MT) : 27,136.876
B/L DATE : FEBRUARY 18th, 2022. .
CONSIGNEE : TO THE ORDER OF MAROIL TRADING INC.
PORT OF DISCHARGE : RIZHAO, PORT, CHINA

CALCULATED COMPOSITE PERCENT

Retained 10.0 mm square 0.00

Passing 10.0 mm square 100.00
100.0
This document can not be reproduced without previous authorization of SGS Colombia S.A. This certificate reflects our findings at the time and place indicated and
is issued in pursuance of Principal’s instructions and in conformity with our Terms and Conditions.The analyses were run in Ferrominera Puerto Ordaz Laboratory.
In accordance with Client’s instructions, the Company’s involvement has been limited to witnessing/observing a third party’s intervention(s) at the third party’s
laboratory/test house or other facilities and installations used for the intervention(s). The Company’s sole responsibility was to be present at the time of the third
party’s ntervention(s) to forward the results, or confirm the occurrence of, the intervention(s). The Company is not responsible for the condition or calibration of
apparatus, instruments and measuring devices used, the analysis methods applied, the qualifications, actions or omissions of the third party’s personnel or the
analysis results

JOSE, VENEZUELA SGS COLOMBIA S.A.S.

FEBRUARY 28, 2022 INTERNATIONAL INDEPENDENT
SURVEYOR

This document could not be reproduced without previous authorization of SGS Colombia S.A.S. Findings are limited to the date, time and
place of our inspection only.

This document is issued by the Company subject to its General Conditions of Service
(www.sgs.com/en/Terms-and-Conditions.aspx). Attention is drawn to the limitations of liability,
SGS Colombia S.A.S. indemnification and jurisdictional issues established therein.
This document is to be treated as an original within the meaning of UCP 600. Any holder of this
Km. 8 Vía Aeropuerto Ernesto Cortissoz document is advised that information contained hereon reflects the Company’s findings at the
time of its intervention only and within the limits of client’s instructions, if any. The Company’s
Barranquilla, sole responsibility is to its Client and this document does not exonerate parties to a transaction
Colombia from exercising all their rights and obligations under the transaction documents. Any
unauthorized alteration, forgery or falsification of the content or appearance of this document is
Phone: +57 5 376 9500 Ext 521 unlawful and offenders may be prosecuted to the fullest extent of the law.
Fax: +57 5 376 9503 The authenticity of this document may be verified at
https://sgsonsite.sgs.com/en/v2/common/ecertificate/authenticateeCertificate.jsp.
Certificate N°: 2202280B86
Page N°: 3/ 3

This document is issued by the Company subject to its General Conditions of Service
(www.sgs.com/en/Terms-and-Conditions.aspx). Attention is drawn to the limitations of liability,
SGS Colombia S.A.S. indemnification and jurisdictional issues established therein.
This document is to be treated as an original within the meaning of UCP 600. Any holder of this
Km. 8 Vía Aeropuerto Ernesto Cortissoz document is advised that information contained hereon reflects the Company’s findings at the
time of its intervention only and within the limits of client’s instructions, if any. The Company’s
Barranquilla, sole responsibility is to its Client and this document does not exonerate parties to a transaction
Colombia from exercising all their rights and obligations under the transaction documents. Any
unauthorized alteration, forgery or falsification of the content or appearance of this document is
Phone: +57 5 376 9500 Ext 521 unlawful and offenders may be prosecuted to the fullest extent of the law.
Fax: +57 5 376 9503 The authenticity of this document may be verified at
https://sgsonsite.sgs.com/en/v2/common/ecertificate/authenticateeCertificate.jsp.