BUSINESS INSTALMENT LOAN/BUSINESS OVERDRAFT/ SPRING SME WORKING CAPITAL LOAN* APPLICATION FORM

BUSINESS INSTALMENT LOAN/BUSINESS OVERDRAFT/ SPRING SME WORKING CAPITAL LOAN* APPLICATION FORM SECTION : BORROWER/APPLICANT INFORMATION Borrower Name (insert FULL legal name exactly as it appears in the constitutional documents): Country of Incorporation: Registered Business Address: Company/Business Registration Number: Postal Code: Account Mailing Title Address/Trading Address (if different from above): Date of Incorporation: / / d d m m y y Email address: Postal Code: Years In Operation:. of Employees (including owners): Website: Business Premise is: Self-Owned ( Fully Paid up Mortgaged ) Rented Contact Person: Designation: Contact Details: (O) (DID) (HP) (Fax) (Email) Year Latest FY Sales (S$ 000) Net Profit Before Tax (S$ 000) Total Assets (S$ 000) Total Liabilities (S$ 000) Major Product Lines/Services Customer Base: Businesses Consumers Constitution/Legal Status: Sole Proprietorship Unlimited Partnership Limited Partnership Private Limited Company Society/Association/Club Others (Please specify) Company Group Information: Borrower is part of group companies: Estimated group annual sales turnover: Business Activity/Nature of Business: Manufacturing Wholesale Commerce Retail Commerce Building and Construction Services Logistics and Transportation Import/Export Trading Professional Firms Consultant Commission Agents Financial Others (Please specify) Major Raw Materials Description % of Sales Description % of Sales SECTION : RELATIONSHIP DETAILS Your existing Current Account. with the Bank (if applicable): Do you want this facility to be set up on this account? Do you have any accounts with us under the individual name(s) of Proprietor/Partner/Director? If, please provide us with the name(s): Proprietor/Partner/Director : Partner/Director : Partner/Director : Partner/Director : *SPRING SME Working Capital Loan is granted pursuant to SPRING Singapore s SME scheme and applicants need to concurrently fill in SPRING Singapore s application form. Please note that your application for the SPRING SME Working Capital Loan is also subject to the approval and conditions of SPRING Singapore. Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

SECTION : FACILITIES REQUESTED (please tick where applicable) SECTION A: FOR BUSINESS INSTALMENT LOAN Loan Amount Requested: S$ Minimum Loan Amount Required: S$ Loan : Up to (Between months to 60 months) (optional) months Phone Interview Preferred Preferred Time: I/We prefer to be granted a Business Instalment Loan amount as indicated above and the credit limit(s) for my/our other existing credit facilities to remain unchanged. I/We acknowledge that by applying for this loan, the remaining outstanding sums from my/our existing Business Instalment Loan account(s) will be transferred and added to my/our new loan account along with the approved top-up loan amount for this application, and my/our existing Business Instalment Loan will be redeemed at no fee to me/us. I/We hereby authorise the Bank to debit Business Instalment Loan annual fee from the approved loan amount for this application. Loan Purpose For working capital For buying of equipment/machinery/vehicles For import/export of goods For renovation of business premises For purchase of local goods & services Other business purpose (Please specify): SECTION B: SPRING SME WORKING CAPITAL LOAN Loan Amount Requested: S$ Minimum Loan Amount Required: S$ Loan : Up to (Between months to 60 months) (optional) months Phone Interview Preferred Preferred Time: I/We prefer to be granted a Spring SME Working Capital Loan amount as indicated above and the credit limit(s) for my/our other existing credit facilities to remain unchanged. I/We hereby authorise the Bank to debit SPRING SME Working Capital Loan annual fee from the approved loan amount for this application. Loan Purpose For working capital For buying of equipment/machinery/vehicles For import/export of goods For renovation of business premises For purchase of local goods & services Other business purpose (Please specify): SECTION C: Business Overdraft Account Preferred Credit Limit for Business Overdraft Account: Up to S$ Preferred Minimum Credit Limit for Business Overdraft Account: S$ (optional) Phone Interview Preferred Preferred Time: I/We prefer my/our credit limit for my/our Business Overdraft as indicated above and the credit limit(s) for my/our other existing credit facilities to remain unchanged. I/We hereby authorise the Bank for the following: For customers with existing Standard Chartered Current Account Please convert my/our existing current account number into a Business Overdraft Current Account. Business Overdraft annual fee. Please debit my/our existing current account number as payment for the Business Overdraft annual fee. Please debit my/our new current account to be opened with this application as payment for the Business Overdraft annual fee. Please note that the annual fee will be subject to interest charges if it is drawn on the Business Overdraft limit. Overdraft Purpose For working capital For buying of equipment/machinery/vehicles For import/export of goods For renovation of business premises For purchase of local goods & services Other business purpose (Please specify): Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

SECTION : COMPANY SHAREHOLDER DETAILS (FOR COMPANIES ONLY) (Please attach additional copies of this section if necessary details must add up to 00% ownership/shareholdings) Name Of Shareholders (Individual or Company) NRIC/Passport/ACRA Number Date of Birth/ Incorporation Nationality/Country of Incorporation (% Shareholdings) Guarantor SECTION 5: PROPERTIES OWNED BY BORROWER (Please attach additional copies of this section if necessary) S/ Details of Properties Owned (incl. Type of property/ Built-in area/lease period/remaining lease) CMV of Property Mortgaged Monthly Instalment Outstanding Remaining Tenor (Years) Name of Financial Institution SECTION 6: BORROWER S OTHER FINANCIAL COMMITMENTS (ECLUDING MORTGAGE LOANS) (Please attach additional copies of this section if necessary) Name of Financial Institution Facility Type Amount Monthly Instalment Limit/Outstanding amount Secured Security Type Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

SECTION 7: DETAILS OF KEY PRINCIPAL(S) [PROPRIETOR(S)/PARTNER(S)/DIRECTOR(S)] AND GUARANTOR(S) PRINCIPAL/GUARANTOR Full Name as in NRIC/Passport Dr Mr Mrs Mdm Ms NRIC/Passport Number: Residential Address: Contact Number: (DID) (HP) Postal Code: (H) Residential Type: HDB Condominium/Apartment Landed Ownership Status: Self-Owned ( Fully Paid up Mortgaged ) Gender: Male Female Date of Incorporation: / / d d m m y y Rented Parents Marital Status: Single Married Divorced Widowed Length of stay: Number of Dependant(s): Race: Chinese Malay Indian Other, please state: Nationality: Highest Education: Singaporean Permanent Resident Post Graduate Degree Year(s) in this Business: Others Diploma A Levels Technical Certification O Levels & Below Annual Income (Latest): S$ per annum Details of Guarantor s Net Worth S/ Details of Properties Owned (incl. Type of property/built-in area/lease period/remaining lease) CMV of Property Total CPF Used Mortgaged Monthly Instalment Cash/CPF Outstanding Remaining (Years) Name of Financial Institution Other Liquid Assets Description Market Value Other Personal Financial Commitments (excluding Mortgage Loans) Name of Financial Institution Facility Type Monthly Instalment Cash CPF Outstanding Limit (months) Commencement Date (dd/mm/yy) Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

PRINCIPAL/GUARANTOR Full Name as in NRIC/Passport Dr Mr Mrs Mdm Ms NRIC/Passport Number: Residential Address: Contact Number: (DID) (HP) Postal Code: (H) Residential Type: HDB Condominium/Apartment Landed Ownership Status: Self-Owned ( Fully Paid up Mortgaged ) Gender: Male Female Date of Incorporation: / / d d m m y y Rented Parents Marital Status: Single Married Divorced Widowed Length of stay: Number of Dependant(s): Race: Chinese Malay Indian Other, please state: Nationality: Highest Education: Singaporean Permanent Resident Post Graduate Degree Year(s) in this Business: Others Diploma A Levels Technical Certification O Levels & Below Annual Income (Latest): S$ per annum Details of Guarantor s Net Worth S/ Details of Properties Owned (incl. Type of property/built-in area/lease period/remaining lease) CMV of Property Total CPF Used Mortgaged Monthly Instalment Cash/CPF Outstanding Remaining (Years) Name of Financial Institution Other Liquid Assets Description Market Value Other Personal Financial Commitments (excluding Mortgage Loans) Name of Financial Institution Facility Type Monthly Instalment Cash CPF Outstanding Limit (months) Commencement Date (dd/mm/yy) Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page 5 of

SECTION 8: MANDATE/BOARD/DIRECTORS RESOLUTION/MINUTES OF MEETING Name of the Company/Institution/Partnership (the Client ) Country of incorporation/establishment Registration Number To: [Standard Chartered Bank (Singapore) Limited] (the Bank ) We, being [the company secretary/director(s)/partner(s)/member(s)/trustee(s)/legal representative(s)] of the Client, hereby certify that the resolutions/minutes of meeting set out below are true extract of the resolutions of the board of directors/members/trustees/minutes of meeting of the partners of the Borrower passed with effect from the date shown below. (Sign) Designation: (Sign) Designation: (Sign) Designation: (Sign) Designation: Delete as applicable It was resolved/decided that:. The Approving Signatories as listed in Part A of the Schedule hereto may from time to time in their absolute discretion, on behalf of and in the name of the Borrower: (a) open and close bank accounts of any type with the Bank; (b) sign and deliver any account opening or cash management (including electronic client access services) documentation as required from time to time; (c) bind the Borrower to the Bank s Account Terms, Standard Terms, Country Supplement (Singapore), Country Supplement to Standard Terms (Singapore) as amended from time to time and any term for cash management services and products (including electronic client access services) as amended from time to time; (d) amend the list of Authorised Signatories as specified in Part B of the Schedule; POINTS (e) AND/OR (f) WILL APPLY UNLESS DELETED (e) arrange with the Bank for advances to the Borrower by way of discount, loan, overdraft or otherwise, and for the granting of credits and the issue of guarantees by the Bank from time to time and to sign on behalf of the Borrower any form of deposit and withdrawal, memorandum of deposit, letter of trust, mortgage or any other grant of security whatsoever relating to any securities or property or documents of title relating thereto to secure any advances, obligations, undertakings, instructions, guarantees, indemnities and counterindemnities, and any other documents which may be required by the Bank in connection with such facilities insofar as they are not by their nature required to be executed under the common seal of the Borrower; (f) sign and deliver an ISDA master agreement, whether with or without a credit support annex, or any other master agreements and other documents in relation to foreign exchange transactions, swaps, options and other derivatives transactions, securities dealing (including, without limitation, repurchase and securities lending transactions), money market transactions and collateral or margin arrangements relating to such transactions between the Bank and the Borrower; and enter into any financial transaction of a type from time to time offered by the Bank ( Transactions ), whether orally, in writing or through an electronic messaging or dealing system and bind the Borrower to the terms agreed for each Transaction; (g) agree, amend, supplement, restate or vary the terms of any agreement or document referred to in the foregoing resolutions; (h) appoint any agent or agents to act on the Borrower s behalf to carry out the purpose and intent of the foregoing resolutions; (i) if any agreement, instrument or other document is required to be executed under the common seal of the Borrower, that the common seal be affixed to such agreement, instrument or document in accordance with the Borrower s Articles of Association. IMPORTANT INFORMATION: Points (e) and (f) above are intended to allow the Approving Signatories to sign up to borrowing facilities or any other service or product which the Borrower may wish to use or buy from the Bank now or at any time in the future. If points (e) and/or (f) are excluded from this Mandate, the Borrower may need to provide fresh board resolutions/minutes of meeting each time it wishes to sign up to a new service or product. Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page 8 of

. The Approving Signatories as listed in Part A of the Schedule may from time to time in their absolute discretion delegate any of their authority or powers referred to in point above to any one or more persons and revoke any such delegation.. The Authorised Signatories as listed in Part B of the Schedule hereto may from time to time in their absolute discretion, on behalf of and in the name of the Borrower: (a) bind the Borrower to the Bank s Account Terms, Standard Terms, Country Supplement (Singapore), Country Supplement to Standard Terms (Singapore) as amended from time to time and any term for cash management services and products (including electronic client access services) as amended from time to time; (b) sign (i) instructions in writing for the payment of money, or the dealing of securities, to or from any account maintained by the Borrower with the Bank, (ii) payment instruments in the form of cheques, drafts, money orders, cashier s order or other similar instrument, (iii) confirmations of Transactions and (iv) instructions in writing in respect of the settlement or performance of Transactions, including, without limitation, notices exercising any option or other right of election under any Transaction; and (c) operate the Borrower s accounts with the Bank.. The Approving Signatories as listed in Part A of the Schedule to this Mandate and the Authorised Signatories as listed in Part B of the Schedule to this Mandate may appoint any affiliated company of the Borrower (or its representative) as the agent of the Borrower for the purposes of any netting, aggregation or pooling arrangement (whether notional or actual) with the Bank to which the Borrower is a party with the power to instruct the Bank to apply balances on the Borrower s accounts and to apportion interest as calculated in accordance with such arrangements between the Borrower and its affiliates participating therein. These arrangements, together with any associated guarantee by the Borrower of the obligations of its affiliates participating with the Borrower in such arrangements, including debit balances on their participating accounts, shall be in the commercial interest and to the benefit of the Borrower. 5. That the Borrower applies to the Bank for a Business Instalment Loan (the Business Instalment Loan )/Business Overdraft (the Business Overdraft )/SPRING SME Working Capital Loan (the SPRING SME Working Capital Loan ) for such amount and for such tenure (if applicable) set out in the Business Instalment Loan/Business Overdraft/SPRING SME Working Capital Loan Application Form (the Application Form ), which Business Instalment Loan/Business Overdraft/ SPRING SME Working Capital Loan shall be subject to the terms and conditions set out in the Application Form, Business Instalment Loan Terms and Conditions/Business Overdraft Terms and Conditions/SPRING SME Working Capital Loan Terms and Conditions and as stated in SPRING Singapore s application form and Master Credit Terms (Singapore) copies of which were tabled/attached and which the Borrower acknowledges may be amended by the Bank from time to time. *IMPORTANT INFORMATION: Point 5(a) is required where the Borrower applies for Business Instalment Loan, point 5(b) is required where the Borrower applies for SPRING SME Working Capital Loan and points 5(c) and (d) are required where the Borrower applies for Business Overdraft. Delete as applicable. [Where the application is made for the Business Instalment Loan]* (a) That while the Borrower applies for the Business Instalment Loan of up to S$ and for a tenure of up to months, it accepts and agrees that the Bank may approve such amount and tenure that the Bank may decide to grant in its sole discretion, and disburse or avail such Business Instalment Loan amount into any of the Borrower s accounts with the Bank. The Borrower agrees that such disbursement or availing of the Business Instalment Loan shall constitute acceptance by the Bank of the Borrower s offer without any further action from the Borrower or the Bank. It was also noted that under the terms and conditions set out in the Application Form, Business Instalment Loan Terms and Conditions and as stated in SPRING Singapore s application form and Master Credit Terms (Singapore), if the loan amount or tenure granted by the Bank differs from that which the Borrower has applied for the Borrower may prepay or cancel the Business Instalment Loan in full, without any prepayment fee, within days from the date of the Bank s tice. [Where the application is made for the SPRING SME Working Capital Loan]* (b) That while the Borrower applies for the SPRING SME Working Capital Loan of up to S$ and for a tenure of up to months, it accepts and agrees that the Bank may approve such amount and tenure that the Bank may decide to grant in its sole discretion, and disburse or avail such SPRING SME Working Capital Loan amount into any of the Borrower s accounts with the Bank. The Borrower agrees that such disbursement or availing of the SPRING SME Working Capital Loan shall constitute acceptance by the Bank of the Borrower s offer without any further action from the Borrower or the Bank. It was also noted that under the terms and conditions set out in the Application Form, SPRING SME Working Capital Loan Terms and Conditions and as stated in SPRING Singapore s application form and Master Credit Terms (Singapore), if the loan amount or tenure granted by the Bank differs from that which the Borrower has applied for the Borrower may prepay or cancel the SPRING SME Working Capital Loan in full, without any prepayment fee, within days from the date of the Bank s tice. [Where the application is made for the Business Overdraft]* (c) That while the Borrower applies for the Business Overdraft up to the limit of S$, it accepts and agrees that the Bank may approve such Business Overdraft limit that the Bank may decide to grant in its sole discretion, and avail such Business Overdraft limits to any of the Borrower s accounts with the Bank. The Borrower agrees that such approval of the Business Overdraft shall constitute acceptance by the Bank of the Borrower s offer without any further action from the Borrower or the Bank. (d) That the Borrower shall procure its director(s) listed in Section 6 of the Application Form to provide personal guarantee(s) for the facilities. **IMPORTANT INFORMATION: Points 5(e)(iii) and (iv) are required where the Borrower applies for Business Instalment Loan and/or SPRING SME Working Capital Loan, points 5(e)(v) and (vi) are required where the Borrower applies for Business Overdraft. Delete as applicable. (e) That authority be and is hereby given to the Authorised Signatories to: (i) sign on behalf of the Borrower the Application Form; (ii) pledge or charge deposits of the Borrower and to sign on behalf of the Borrower any letter of set-off, documents and amendments or variations thereof as may be required by the Bank relating to or for securing any advances to the Borrower and/or the Borrower s employees or any liabilities of the Borrower to the Bank; [Where the application is made for the Business Instalment Loan and/or SPRING SME Working Capital Loan]** (iii) execute for and on behalf of the Borrower such acceptance and other documents, instruments, certificates, notices or agreements as may be contemplated or required under or associated with or related to the Business Instalment Loan and/or SPRING SME Working Capital Loan as the Bank may require from time to time; and (iv) negotiate and agree with the Bank to amend, vary or renew the Business Instalment Loan and/or SPRING SME Working Capital Loan (whether on the same or different terms) and the terms and conditions set out in the Application Form, Business Instalment Loan Terms and Conditions and/ or SPRING SME Working Capital Loan Terms and Conditions and as stated in SPRING Singapore s application form and Master Credit Terms (Singapore); and [Where the application is made for the Business Overdraft]** (v) execute for and on behalf of the Borrower such acceptance and other documents, instruments, certificates, notices or agreements as may be contemplated or required under or associated with or related to the Business Overdraft as the Bank may require from time to time; and (vi) negotiate and agree with the Bank to amend, vary or renew the Business Overdraft (whether on the same or different terms) and the terms and conditions set out in the Application Form, Business Overdraft Terms and Conditions and Master Credit Terms (Singapore). (f) That if required, the common seal of the Borrower be affixed, in accordance with the Articles of Association of the Borrower, on any agreement, document or instrument required by the Bank, in connection with the Business Instalment Loan and/or SPRING SME Working Capital Loan and/or the Business Overdraft. (g) That any Director/Secretary/Partner of the Borrower be and is hereby authorised to certify from time to time to the Bank the names of the officers authorised by the Borrower to issue notices and instructions, negotiate and agree with the Bank on any matter in connection with the Business Instalment Loan and/or SPRING SME Working Capital Loan and/or the Business Overdraft and/or any account maintained by the Borrower with the Bank, and each of the persons set out in such certificates shall be deemed to have been duly authorised by the Borrower. 6. Any step already taken by the Authorised Signatories as contemplated by Points,,,, and 5 above be and is hereby ratified by the Borrower. 7. These resolutions will remain in force unless and until the Borrower delivers to the Bank new resolution/minutes of meeting revoking, amending or superseding these resolution/minutes of meeting. Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page 9 of

SCHEDULE TO MANDATE SIGNATORIES Name of the Client (insert FULL legal name exactly as it appears in the constitutional documents); Part A Approving Signatories Draw a line through any unused space. Please tick one Any One to sign Any Two to sign Other (insert details below) If you tick Other, describe the alternative method of operation in the Special Instructions area below. Special Instructions: If there is insufficient space, please provide the full list of authorised signatories on a separate schedule on Client letterhead. Name(s) & Signature(s) of person(s) duly authorised to appoint Signatories: Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page 0 of

SCHEDULE TO MANDATE SIGNATORIES Name of the Client (insert FULL legal name exactly as it appears in the constitutional documents); Part B Authorised Signatories Draw a line through any unused space. Please tick one Any One to sign Any Two to sign Other (insert details below) If you tick Other, describe the alternative method of operation in the Special Instructions area below. Special Instructions: If there is insufficient space, please provide the full list of authorised signatories on a separate schedule on Client letterhead. Name(s) & Signature(s) of person(s) duly authorised to appoint Signatories: Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

SECTION 9: COMMERCIAL ACCOUNT OPENING Account Type Account Number BANK USE ONLY Product Code Current Account Source of Funds Source of Funds passing through the account. (Tick as many boxes where appropriate) Singapore Country where source of funds originate, please specify Sales proceeds Services rendered Trust funds per Trust Deed Others, please specify Legal/Tax Status (in Singapore) Limited Liability Company Partnership Sole Proprietorship Society/Association/Club Bank Singapore branch of a foreign identity Foreign Entity Others, please specify Name of Proprietor (for Sole Proprietorship) Under the Singapore Income Tax Act (Cap), a non-tax resident applicant is subject to withholding tax on interest payable to it. Tax Resident Status of applicant Tax Resident in Singapore n Tax Resident in Singapore Country of Tax Residency: For non tax resident in Singapore only: We are carrying on a business in Singapore YES, we have a withholding tax waiver letter from the Inland Revenue Authority of Singapore (IRAS) in respect of interest payment made to us and attached herewith is the copy of the said letter. NO, we do not have a withholding tax waiver letter from the IRAS in respect of interest payment made to us. Kindly withhold and remit the applicable withholding tax to the IRAS. We are not carrying on a business in Singapore and do not have a permanent establishment in Singapore. We are not carrying on a business in Singapore but have a permanent establishment in Singapore. Should any of our above mentioned confirmation change subsequent to the submission of this form to you, we undertake to inform you accordingly. (For understanding of Legal/Tax Status, please refer to your finance manager/tax manager/tax consultant of your organisation. Please see extract from Singapore Income Tax Act for definitions on Tax Residency and Permanent Establishment.) Explanatory notes on Tax Resident and Permanent Establishment Definitions per Singapore Income Tax Act Please note that the following are extracts obtained from Section () of the Singapore Income Tax Act (Chapter ): permanent establishment means a fixed place where a business is wholly or partly carried on including - (a) place of management; (b) branch; (c) an office; (d) a factory; (e) a warehouse; (f) a workshop; (g) a farm or plantation; (h) a mine, oil well, quarry or other place of extraction of natural resources; (i) a building or work site or a construction, installation or assembly project, and without prejudice to the generality of the foregoing, a person shall be deemed to have a permanent establishment in Singapore if that person - (i) carries on supervisory activities in connection with a building or work site or a construction, installation or assembly project; or (ii) has another person acting on that person s behalf in Singapore who - () has and habitually exercises an authority to conclude contracts; () maintains a stock of goods or merchandise for the purpose of delivery on behalf of that person; or () habitually secures orders wholly or almost wholly for that person or for such other enterprises as are controlled by that person; resident in Singapore - (a in relation to an individual, means a person who, in the year preceding the year of assessment, resides in Singapore except for such temporary absences therefrom as may be reasonable and not inconsistent with a claim by such person to be resident in Singapore, and includes a person who is physically present or who exercises an employment (other than as a director of a company) in Singapore for 8 days or more during the year preceding the year of assessment; and (b) in relation to a company or body of persons, means a company or body of persons the control and management of whose business is exercised in Singapore; Important Information for SGD Current/Savings Accounts & SGD Time Deposits Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

SECTION 0: DECLARATION. I/We declare that all the particulars and information given above and in the SPRING Singapore application form (where applicable), is true and I/we have not withheld any information which may be material in the context of this application.. If any of the information given herein becomes inaccurate or misleading or changes in any way whether before this application is approved or whilst any amount under the facilities is outstanding, I/we shall promptly notify the Bank of such changes.. I/We agree that I/we have received, read and understood, and have agreed with and accepted the Business Instalment Loan Terms and Conditions, the SPRING SME Working Capital Loan Terms and Conditions, the Business Overdraft Terms and Conditions and the Master Credit Terms (Singapore) of the Bank which set out the terms of the facilities granted.. I/We confirm that the Memorandum and Articles of Association of the Borrower provides for the directors to exercise the borrowing power of the Borrower, and that all resolutions and corporate acts required to enable the Borrower to apply for and accept the facilities have been passed or done, as the case may be (for Companies only). 5a. [Where application is made for the Business Instalment Loan] I/We acknowledge that the Bank may decline my/our application without any obligation to give reason or notice for doing so. If this happens, no contractual relationship arises between us and you. I/We further consent to the Bank retaining all the supporting documents submitted for the processing of this application, regardless of whether my/our application is approved or not. Further, I/we authorise the Bank to communicate and notify to me/us of the Bank s indicative decision on my/our application in such a manner deemed appropriate by the Bank. Such notification shall be deemed to be received at the time communication is transmitted from the Bank s system, and the Bank s records of such transmission shall be conclusive evidence of the same. In addition, such indicative decision on the application is only indicative and shall not to be construed as a binding contract or agreement or obligation on the part of the Bank and any agreement to offer Business Instalment Loan shall be subject to full terms as may be set out by the Bank the agreement between us. 5b. [Where application is made for the SPRING SME Working Capital Loan] I/We acknowledge that the Bank may decline my/our application without any obligation to give reason or notice for doing so. If this happens, no contractual relationship arises between us and you. I/We further consent to the Bank retaining all the supporting documents submitted for the processing of this application, regardless of whether my/our application is approved or not. Further, I/we authorise the Bank to communicate and notify to me/us of the Bank s indicative decision on my/our application in such a manner deemed appropriate by the Bank. Such notification shall be deemed to be received at the time communication is transmitted from the Bank s system, and the Bank s records of such transmission shall be conclusive evidence of the same. In addition, such indicative decision on the application is only indicative and shall not to be construed as a binding contract or agreement or obligation on the part of the Bank and any agreement to offer SPRING SME Working Capital Loan shall be subject to full terms as may be set out by the Bank the agreement between us. Further, I/we confirm that all the details, information and declarations provided in this application form and the SPRING Singapore application form for the SPRING Singapore s SME Scheme is true, accurate and updated and the Bank will consider my/our application on the basis of the information provided herein and on the SPRING Singapore application form. 5c. [Where application is made for the Business Overdraft] I/We acknowledge that the Bank may decline my/our application without any obligation to give reason or notice for doing so. If this happens, no contractual relationship arises between us and you. I/We further consent to the Bank retaining all the supporting documents submitted for the processing of this application, regardless of whether my/our application is approved or not. Further, I/we authorise the Bank to communicate and notify to me/us of the Bank s indicative decision on my/our application in such a manner deemed appropriate by the Bank. Such notification shall be deemed to be received at the time communication is transmitted from the Bank s system, and the Bank s records of such transmission shall be conclusive evidence of the same. In addition, such indicative decision on the application is only indicative and shall not to be construed as a binding contract or agreement or obligation on the part of the Bank and any agreement to offer Business Overdraft shall be subject to full terms as may be set out by the Bank the agreement between us. 5d. I/We understand that we may only apply for either the Business Instalment loan and/or SPRING SME Working Capital Loan and/or Business Overdraft at any given time. 5e. I/We acknowledge that the Bank may grant a loan amount [where the application is made for the Business Instalment and/or SPRING SME Working Capital Loan] or credit limit [where the application is made for the Business Overdraft] that is the lowest of (a) the specified preferred loan amount or credit limit indicated in section ; (b) the maximum credit limit allowable under prevailing regulations; and (c) such other loan amount or credit limit as determined by the Bank. 6. I/We understand and agree that by submitting this Application Form, I/we offer to borrow from the Bank: [Where application is made for the Business Instalment Loan] a loan facility of such amount and for such duration (if applicable) as the Bank may approve and disburse/avail the facility limits into my/our account in its sole and absolute discretion. [Where application is made for the Business Overdraft] an overdraft facility of such overdraft limit as the Bank may approve in its sole and absolute discretion. [Where application is made for the SPRING SME Working Capital Loan] a loan facility of such amount and for such duration (if applicable) as the Bank may approve and disburse/avail the facility limits into my/our account in its sole and absolute discretion. 7. Without prejudice to the Bank s rights to disclose information relating to its customers under the common law, the Banking Act (as amended or re-enacted from time to time) or otherwise, I/we authorise the Bank to disclose any information and particulars relating to the Borrower, the Principal(s) and this application, and the facilities applied for or may be granted hereunder to any of the Bank s head office, branches, representative offices, subsidiaries, related corporations or affiliates worldwide, any credit bureau approved by the relevant authority, the Bank s agents, contractors and any other persons for any purpose as the Bank deems fit in the Bank s discretion. In addition, I/we hereby consent to the Bank sending at my/our sole risk, by ordinary mail or any other means the Bank deems appropriate (including but not limited to email, telephone, mobile telephone, facsimile transmission, short message services (SMS) from mobile telephone, or any other electronic equipments) any credit card, all information regarding my/our account, the facilities applied for or may be granted hereunder, personal identification number, all statements of accounts and any other communications or correspondences addressed to me/us (collectively personal information ) in accordance with my/our addresses on the Bank s records. I/We agree that any risks (eg, non-receipt or disclosure to any unauthorised third party) arising from the sending of the personal information will be fully borne by me/us and that the Bank will not be held responsible in any way for any losses that may be suffered by me/us as a result of the non-receipt or disclosure of the same to any unauthorised third party. I/We agree that at our sole risk, the Bank is authorised but not obliged, to receive any instruction given by or over telephone, mobile telephone, telex, facsimile transmission, telegraph, cable, computer, email or any other electronic equipments, SMS from mobile telephone (collectively Oral Instructions ) from or purporting to be from me/us without separate verification by me/us as to the genuineness of the Oral Instructions; I/We consent to us contacting you at the address, email address and phone numbers I/we have provided to the Bank, to give me/us information on other products and services that the Bank, or your strategic partners, may offer; these authorisation will continue notwithstanding the loan not being approved or the account(s) opened. 8. I/We apply to Standard Chartered Bank (Singapore) Limited for the commercial SGD Current Account as indicated above to be opened by me/us. I/We acknowledge that I/we have received, read and understood fully all the Bank s prevailing Account Terms, Standard Terms, Country Supplement (Singapore), Country Supplement to Standard Terms (Singapore) and the terms and conditions contained in this account opening form and agree to be bound by them, in connection with the account(s) applied for hereunder as well as any and all account(s) that may be at this date be opened by me/us and/or that may hereafter be opened by me/us with the Bank (collectively such account(s) ). In particular without limitation, I/we authorise the Bank to disclose any information and particulars relating to such accounts(s) to any and all of the persons and in accordance with the terms as set out in the paragraph entitled Disclosure of Information contained in the Bank s Account Terms, Standard Terms, Country Supplement (Singapore) and Country Supplement to Standard Terms (Singapore). I/We warrant that the information provided in this account(s) opening form and in any document(s) furnished by me/us is true, accurate and complete. I/We also agree to be bound by any terms and conditions governing any facilities, features and services relating to such account(s) as I/we may apply for and/or utilise from time to time. (Where we are a partnership) Our agreements and warranties in this account opening form including this declaration are joint and several. 9. Upon disbursement of the Facility(ies), the Borrower shall pay to the Bank an annual fee as applied in the annual fee clause stated in Terms and Conditions and such fee shall be deducted from the Loan amount prior to disbursement. twithstanding the above, the Bank reserves its rights and in its sole and absolute discretion to vary the annual fee at any time, and the amount thereof may vary from case to case. 0. I/We understand that anywhere that the Bank s terms refer to Bank, SCB or Standard Chartered, these terms mean Standard Chartered Bank (Singapore) Limited in connection with all my/our accounts, instructions, products and services (including the Business Instalment Loan, SPRING SME Working Capital Loan and the Business Overdraft, as the case may be). Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Page of

(Signature of of Borrower/Applicant) (Signature of of Borrower/Applicant) (Signature of of Borrower/Applicant) (Signature of of Borrower/Applicant) For Personal Guarantors (Signature of Guarantor ) (Signature of Guarantor ) Affix company stamp if applicable (Signature of Guarantor ) (Signature of Guarantor ) SECTION : FOR BANK S USE For Business Instalment Loan/SPRING SME Working Capital Loan/Business Overdraft Channel Channel Code Branch/Branch Code (for branches only) Remarks Sales Officer Name MSO Code Existing C/A for Disb (if any) Remarks For Business Overdraft setup: Product Code: 7 CR Interest Code: 098 DR Interest Code: 067 OD Class: CBJ For Current Account Opening ID Type/. Constitution Type RIWAC Counterparty Type Related Party 08 Customer Type Industry Sector Code (ISIC) (cannot use 9999) MAS Code (ISIC) (cannot use 975000) MAS Residency Code Fax Instruction CB CDD Risk Low () Medium () High () ARM Code 50 5 RM Code Withholding Tax Inter Group (80) N.A. Affiliate Code N.A. Borrowing Type Corporate (ARM Coded) Others (GMM) Service Fee Code For company having witholding tax waiver letter from IRAS, a copy of the letter is forwarded to Country Finance (Tax) at 8 Marina Boulevard, Marina Bay Financial Centre Tower, Level 7, Singapore 0898. Verified By (Sales Person Signature, Stamp & Date) Standard Chartered Bank (Singapore) Limited Reg.. 077C Printed OCT6 Approved By (Sales Team Leader Signature, Stamp & Date) Page of