The Receiving Party is in the process of negotiation with KASIKORNBANK PUBLIC COMPANY LIMITED (“KBank”) for the objective of considering the Receiving Party as one of the Lenders in the syndication of the 58 MW gas-fired combined cycle cogeneration power plant located at Laem Chabang Industrial Estate, Chonburi Province, for the provision of debt financing to B. Grimm Power (Laem Chabang) 2 Limited (the “Project”)