We are pleased to inform you that the Court of Appeal (Supreme Court of Singapore) has announced its judgement on November 25, 2022 in favour of the Company uplelding the earlier judgement of Singapore International Commercial Court (SICC). The Court of Appeal fully dismissed Senda's appeal with addition of further cost including disbursement of S$131,178.61 to Kiri. The Singapore International Commercial Court (SICC) vide judgement dated December 8, 2021 had awarded all in cost of S$8,111,642.11 plus interest 5.33% from date of the SICC judgement, which was appealed by Senda, is now dismissed fully by the Court of Appeal. Copy of judgement is enclosed herewith.