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CALDERWOOD & HARKNESS LLP Barristers & Solicitors 45 Moorgate London EC2R 6AR United Kingdom

Patrick Gallagher Working Associate — Litigation (General) Tel: +44 (0)20 7429 3187

Email: p.gallagher@calderwoodharkness.com

2 September 2024

By email and international courier (originals to follow by Tarrant & Co. Express — see Section 7 below)

PRIVATE & CONFIDENTIAL

Ms. Leila Hatem Partner, Dispute Resolution Al-Rashid Hatem & Associates Office 1802, Emirates Financial Towers (South Tower) DIFC Dubai, United Arab Emirates

Re: Enforcement of LCIA Award No. 224718 — *Thalassa Shipping & Logistics SA v. Korinthian Maritime Holdings Ltd. Dubai Court of First Instance, Case No. 1893/2024 Certified Arabic Translations and Legalization of Supporting Documentation*

Dear Ms. Hatem,

1. Purpose of this Letter

We write further to the instruction letter dated 18 August 2024 from our partner Samuel Eklund and to our subsequent correspondence regarding the enforcement proceedings before the Dubai Court of First Instance in the above-referenced matter. The purpose of this letter is to accompany the certified Arabic translations and legalized documentation package that we have prepared for filing in connection with the enforcement application lodged under Case No. 1893/2024 on 22 August 2024.

We confirm that all translations have been completed, certified, and legalized in accordance with the requirements of the courts of the United Arab Emirates for the recognition and enforcement of foreign arbitral awards. In particular, the documentation package has been prepared to satisfy the filing requirements under UAE Federal Law No. 6 of 2018 on Arbitration (the "UAE Arbitration Law") and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, done at New York on 10 June 1958 (the "New York Convention"), to which both the United Kingdom and the United Arab Emirates are signatories.

The documentation package enclosed with this letter is intended to place your firm in a position to submit all required materials to the Dubai Court of First Instance without delay. We respectfully request that you review the package in its entirety and advise us promptly if any additional documents, certifications, translations, or legalization steps are required under local practice or by direction of the court.

2. Identification of Translated Documents

Set out below is an itemized description of each document that has been translated from English into Arabic and included in the enclosed documentation package.

2.1 LCIA Final Award (No. 224718)

The principal document in the package is the Final Award rendered in LCIA Arbitration No. 224718, the details of which are as follows:

Full Title: Final Award in LCIA Arbitration No. 224718

Date of Award: 28 June 2024

Arbitral Tribunal:

• Presiding Arbitrator: The Rt. Hon. Sir Malcolm Fenton-Clarke KC

• Co-Arbitrator: Professor Athena Drakopoulos (appointed by the Claimant)

• Co-Arbitrator: Dr. Henrik Dalmqvist (appointed by the Respondent)

• Tribunal Secretary: Ms. Fiona Beckett

Parties:

• Claimant: Thalassa Shipping & Logistics SA ("TSL")

• Respondent: Korinthian Maritime Holdings Ltd. ("KMH")

Award Summary: The Tribunal found in favour of the Claimant and ordered the Respondent to pay the following sums:

• Principal amount: £96,450,000 (ninety-six million four hundred and fifty thousand pounds sterling) in respect of damages for breach of the three time charter-party agreements described at Section 2.2 below;

• Costs: £12,150,000 (twelve million one hundred and fifty thousand pounds sterling) in respect of the Claimant's legal costs, arbitration costs, and the Tribunal's fees and expenses;

• Total: £108,600,000 (one hundred and eight million six hundred thousand pounds sterling), together with post-award interest as set out in the Award.

Language of Original: English

Number of Pages: The original Award comprises 187 pages. The certified Arabic translation comprises 214 pages.

2.2 Charter-Party Agreements (Containing Arbitration Clauses)

The arbitration from which the Award arises was commenced pursuant to the LCIA arbitration clauses contained in three time charter-party agreements entered into between TSL and KMH. Each charter-party is governed by English law and provides for arbitration under the LCIA Arbitration Rules with the seat of arbitration in London, England. The three charter-party agreements are:

(a) Charter-Party for M/V *Aegean Fortuna*

• Date: 15 March 2019

• Vessel: M/V Aegean Fortuna (IMO No. 9478213)

• Charterer: Thalassa Shipping & Logistics SA

• Owner: Korinthian Maritime Holdings Ltd.

• Governing Law: English law

• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London

• Language of Original: English

• Number of Pages: Original — 63 pages; Arabic translation — 71 pages

(b) Charter-Party for M/V *Crimson Horizon*

• Date: 22 January 2020

• Vessel: M/V Crimson Horizon (IMO No. 9512847)

• Charterer: Thalassa Shipping & Logistics SA

• Owner: Korinthian Maritime Holdings Ltd.

• Governing Law: English law

• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London

• Language of Original: English

• Number of Pages: Original — 58 pages; Arabic translation — 66 pages

• Date: 10 June 2021

• Vessel: M/V Volga Spirit (IMO No. 9587134)

• Charterer: Thalassa Shipping & Logistics SA

• Owner: Korinthian Maritime Holdings Ltd.

• Governing Law: English law

• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London

• Language of Original: English

• Number of Pages: Original — 61 pages; Arabic translation — 69 pages

We draw your attention to the fact that the arbitration clauses in each of the three charter-party agreements constitute the jurisdictional basis for the Award and form the foundation for recognition and enforcement under Article II and Article V of the New York Convention and Article 53 of the UAE Arbitration Law. We have ensured that the arbitration clauses, including all ancillary provisions regarding the appointment of arbitrators, applicable rules, seat, and governing law, have been translated with particular care and precision to facilitate the court's review.

2.3 LCIA Arbitration Rules

A copy of the LCIA Arbitration Rules (effective 1 October 2020) applicable to the arbitration proceedings has been translated and is included in the documentation package.

• Language of Original: English

• Number of Pages: Original — 42 pages; Arabic translation — 49 pages

2.4 Certificate from the LCIA Registrar

The LCIA has issued a certificate confirming the authenticity of the Final Award, that the Award is final and binding on the parties, and that the arbitration was conducted in accordance with the LCIA Arbitration Rules. The details of this certificate are as follows:

• Issuing Authority: LCIA Registrar

• LCIA Case Reference: No. 224718

• Date of Certificate: 18 July 2024

• Language of Original: English

• Number of Pages: Original — 3 pages; Arabic translation — 4 pages

This certificate is of particular importance for the enforcement application, as it provides independent institutional confirmation that the Award was rendered in accordance with the governing procedural rules and that no procedural irregularity has been identified by the LCIA.

2.5 Request for Arbitration

TSL's Request for Arbitration, which initiated the LCIA proceedings, has been translated and included for the court's reference. The details are as follows:

• Document: Request for Arbitration filed by Thalassa Shipping & Logistics SA

• Date Filed: 14 November 2022

• Language of Original: English

• Number of Pages: Original — 28 pages; Arabic translation — 33 pages

2.6 Power of Attorney / Authority to Act

The documentation package includes the corporate authorization documents evidencing TSL's authority to bring enforcement proceedings in the UAE and to instruct Al-Rashid Hatem & Associates to act on its behalf in the enforcement application and related proceedings. These documents comprise:

(a) Board Resolution of Thalassa Shipping & Logistics SA

• Date: 5 August 2024

• Content: Resolution of the Board of Directors of TSL authorizing the commencement and pursuit of enforcement proceedings in the United Arab Emirates in respect of LCIA Award No. 224718, including the filing of precautionary attachment applications, and authorizing the instruction of Al-Rashid Hatem & Associates as local counsel in the UAE

• Signed by: Mr. Nikolaos Papadimitriou (Chairman & CEO) and Ms. Elena Stavridis (CFO)

• Language of Original: English (with a Greek-language counterpart, which has also been translated into Arabic)

• Number of Pages: Original — 4 pages (English version) and 4 pages (Greek version); Arabic translation — 5 pages (from the English version) and 5 pages (from the Greek version)

(b) Power of Attorney

• Date: 5 August 2024

• Content: Power of Attorney executed by TSL in favour of Al-Rashid Hatem & Associates, granting authority to represent TSL before the Dubai courts in all enforcement and related proceedings

• Language of Original: English

• Number of Pages: Original — 3 pages; Arabic translation — 4 pages

3. Certification of Translations

We confirm that all Arabic translations enclosed with this letter have been prepared by Dar Al-Tarjama Legal Translation Services LLC, a certified legal translation firm accredited by the UAE Ministry of Justice and approved for the preparation of translations for use in all courts of the United Arab Emirates, including the Dubai Court of First Instance. The translations were carried out under the supervision of Mr. Ahmad Faisal Al-Khatib, a certified legal translator bearing UAE Ministry of Justice Accreditation No. MOJ/CT/2019/04827.

Each translation in the enclosed package bears the following:

(a) the certified translator's official stamp and personal signature;

(b) a sworn declaration (printed on Dar Al-Tarjama Legal Translation Services LLC headed paper) confirming that the Arabic-language text constitutes a true, complete, and accurate rendering of the original English-language document;

(d) the date of certification (each document was certified between 20 August 2024 and 30 August 2024).

We have reviewed each certified translation against the original English-language document and are satisfied that the translations are faithful and accurate in all material respects. However, as our review was conducted for the purposes of general quality assurance and not as a substitute for the expertise of an Arabic-language legal practitioner, we would be grateful if your firm could conduct its own review of the translations to confirm their accuracy and suitability for filing with the Dubai Court of First Instance. In particular, we would appreciate your confirmation that the transliterations of party names, vessel names, and technical shipping and arbitration terminology are consistent with the conventions and preferences of the Dubai courts.

4. Legalization and Authentication

We confirm that the original English-language documents and their certified Arabic translations have been legalized through the following chain of authentication, as required for the submission of foreign-language documents in enforcement proceedings before the courts of the United Arab Emirates:

Step 1 — Notarization: Each original English-language document (together with its certified Arabic translation, where the translation was completed in England) was notarized by Mr. James Whitfield, Notary Public, of Whitfield & Partners Notaries, 12 Old Broad Street, London EC2N 1AR, England. The notary confirmed the identity of the signatory or the authenticity of the document, as applicable, and affixed his notarial seal and signature to each document. The notarizations were completed on 28 and 29 August 2024.

Step 2 — Apostille: Following notarization, each document was submitted to the UK Foreign, Commonwealth & Development Office ("FCDO") for the issuance of an apostille under the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, done at The Hague on 5 October 1961 (the "Hague Apostille Convention"). We note that the United Arab Emirates acceded to the Hague Apostille Convention with effect from 24 February 2023, and accordingly apostilles issued by the FCDO are recognised by the UAE authorities. The apostilles were issued by the FCDO on 30 August 2024.

Step 3 — UAE Embassy Authentication: In addition to the apostille, and in accordance with prevailing practice and the specific requirements of the Dubai Court of First Instance (which, as you have advised, continues to require embassy attestation for certain categories of documents notwithstanding the UAE's accession to the Hague Apostille Convention), we have obtained authentication from the Embassy of the United Arab Emirates in London for each of the following documents:

(i) the LCIA Final Award (No. 224718);

(ii) the three charter-party agreements;

(iii) the LCIA Registrar's Certificate;

(iv) the TSL Board Resolution; and

(v) the Power of Attorney.

The UAE Embassy authentication stamps were obtained on 1 September 2024. We note that the LCIA Arbitration Rules and the Request for Arbitration have been notarized and apostilled but have not been submitted for UAE Embassy authentication, as these documents fall within the category of supplementary materials for which, based on your previous guidance, the apostille alone is sufficient. If the Dubai Court requires UAE Embassy attestation for these documents as well, we would be grateful if you could advise us at the earliest opportunity so that we can arrange for this to be completed without delay.

We confirm that each document in the enclosed package now bears the required legalization stamps, apostilles, and (where applicable) UAE Embassy attestation seals. The legalization chain is complete and, to our understanding, satisfies the authentication requirements of the Dubai Court of First Instance.

5. Conformity with UAE Court Requirements

On the basis of the foregoing, we expressly confirm that the documentation package enclosed with this letter is, to Calderwood & Harkness LLP's understanding and based on the guidance provided by your firm, complete and in conformity with the filing requirements of the Dubai Court of First Instance for enforcement applications under the following:

(a) UAE Federal Law No. 6 of 2018 on Arbitration (the "UAE Arbitration Law"), and in particular Article 53 thereof, which sets out the requirements for the recognition and enforcement of foreign arbitral awards in the UAE;

(b) The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958), as ratified by the United Arab Emirates by way of Federal Decree No. 43 of 2006, which governs the recognition and enforcement of arbitral awards made in the territory of another contracting state; and

(c) UAE Federal Law No. 11 of 1992 (as amended) (the "UAE Civil Procedure Law"), as applicable to the precautionary attachment application over the accounts and receivables of Korinthian DMCC held at Emirates Gulf Commercial Bank PJSC (discussed further at Section 6 below).

Notwithstanding the foregoing, we recognise that your firm is best placed to assess whether the documentation package meets all requirements of local practice and any specific directions that may have been issued by the court. We therefore respectfully request that you review the package in its entirety and confirm, at your earliest convenience, whether any additional documents, certifications, translations, or legalization steps are required before the materials are submitted to the court.

6. Reference to Precautionary Attachment Application

We note that the same documentation package described in this letter is intended to support both:

(a) the enforcement application under Case No. 1893/2024, filed on 22 August 2024; and

(b) the precautionary attachment application over the accounts and receivables of Korinthian DMCC (a company incorporated in the Dubai Multi Commodities Centre, registered at Unit 3407, Almas Tower, Jumeirah Lakes Towers, Dubai, UAE) held at Emirates Gulf Commercial Bank PJSC (Gate Village 3, DIFC, Dubai, UAE).

We understand from your letter of 29 August 2024 that the precautionary attachment order was granted by the Dubai Court of First Instance on 28 August 2024. We are pleased that the court acted expeditiously in this regard, and we note the importance of maintaining the attachment pending the final determination of the enforcement application.

We confirm that certified Arabic translations of any additional documents required specifically for the precautionary attachment proceedings — including, without limitation, evidence establishing the corporate connection between KMH and Korinthian DMCC, asset tracing materials, and any documents evidencing the flow of funds between the two entities — will be prepared and provided separately as and when required. Should the court request further documentation in support of the attachment order, or should KMH or Korinthian DMCC seek to challenge the attachment, we are prepared to expedite the translation and legalization of any responsive materials.

7. Delivery of Physical Documents

Hard-copy originals of all legalized and translated documents described in this letter are being dispatched today, 2 September 2024, by Tarrant & Co. Express international courier to your office at:

Al-Rashid Hatem & Associates Office 1802, Emirates Financial Towers (South Tower) DIFC Dubai, United Arab Emirates

Attention: Ms. Leila Hatem

The Tarrant & Co. Express tracking reference number for this consignment is: 4927-8361-5502. Estimated delivery is within two (2) business days of dispatch. The courier package contains one (1) sealed archival box containing the complete set of original legalized documents and their certified Arabic translations, together with one (1) complete set of colour copies for your firm's working files.

Advance electronic copies (high-resolution PDF scans) of all documents are attached to the email transmitting this letter. The electronic copies are provided for your immediate reference and to enable your firm to commence its review of the package without awaiting the arrival of the physical originals. We would respectfully remind you that the physical originals must be filed with the court; the PDF copies are for internal reference only and should not be submitted to the court in lieu of the originals unless the court expressly permits electronic filing.

We kindly request that you confirm receipt of both the electronic copies (by return email) and the physical courier package (upon delivery).

8. Inventory / Schedule of Enclosures

A detailed Schedule of all enclosed documents is attached to this letter as the Schedule. The Schedule lists each document by sequential number, full title, date, original language, number of pages (original and Arabic translation), and confirmation of legalization status. We have prepared the Schedule to facilitate your firm's review and to serve as a filing checklist for the court submission.

Please refer to the Schedule at the end of this letter for the complete inventory.

9. Key Parties and Entities Referenced in Documentation

For your firm's reference, and to ensure the accuracy of Arabic transliterations of party names, addresses, and other identifying particulars throughout the translated documents, we set out below a summary table of the key parties and entities referenced in the documentation package:

We would be grateful if you could verify that the Arabic transliterations of the above names — and in particular the transliterations of the Greek-language names of the Claimant and its officers — are accurate and consistent with any prior filings made in the Dubai courts or the DIFC courts. If any discrepancies are identified, please advise us so that we may arrange for the translations to be corrected and re-certified before filing.

We also note for your reference that the Award was rendered in London, which is the seat of the arbitration. The Award is final and binding on the parties. KMH filed an application to set aside the Award before the English Commercial Court under Case No. CL-2024-000487 on 19 August 2024, pursuant to Section 68 of the Arbitration Act 1996. That application remains pending as of the date of this letter, and Calderwood & Harkness LLP is actively defending it on behalf of TSL. We will keep you informed of any material developments in those proceedings. It is our present assessment, based on the grounds raised in KMH's application, that the set-aside application is without merit and is unlikely to succeed. The pendency of the set-aside application should not, in our view, constitute a ground for refusing enforcement of the Award under Article V of the New York Convention or under the UAE Arbitration Law, but we defer to your assessment of the position under UAE law and local court practice.

10. Coordination with Calderwood & Harkness LLP

Any queries regarding the documentation package, the underlying arbitration proceedings, or the English set-aside proceedings should be directed in the first instance to the undersigned or to Hannah Brinkley (Lead Associate) at Calderwood & Harkness LLP:

Patrick Gallagher Working Associate — Litigation (General) Tel: +44 (0)20 7429 3187

Email: p.gallagher@calderwoodharkness.com

Hannah Brinkley Lead Associate — Litigation (General) Tel: +44 (0)20 7429 3294

Email: h.brinkley@calderwoodharkness.com

Samuel Eklund (Partner — Litigation, General) is the responsible partner overseeing all enforcement proceedings in this matter, including the Dubai enforcement and precautionary attachment applications, and is available for any escalated matters or strategic discussions:

Samuel Eklund Partner — Litigation (General) Tel: +44 (0)20 7429 3041

Email: s.eklund@calderwoodharkness.com

We confirm that the instruction letter to your firm dated 18 August 2024 from Mr. Eklund remains the governing engagement document for the purposes of your firm's retainer and terms of instruction. Nothing in this letter is intended to amend or supersede the terms of that instruction letter.

11. Request for Confirmation

In light of the foregoing, we respectfully request that Al-Rashid Hatem & Associates:

1. Review the enclosed documentation package in its entirety for completeness and compliance with the filing requirements of the Dubai Court of First Instance and any applicable practice directions;

2. Confirm whether any additional translations, certifications, legalization steps, or supplementary documents are required before the materials are submitted to the court;

3. Advise on the expected timeline for the court hearing on the enforcement application under Case No. 1893/2024, including any preliminary hearings or procedural conferences that may be scheduled, and whether the court is likely to require oral submissions or will determine the application on the papers;

4. Confirm receipt of the physical courier package (Tarrant & Co. tracking reference: 4927-8361-5502) upon its delivery to your offices; and

5. Provide your assessment of whether any steps should be taken in relation to the precautionary attachment order in anticipation of any challenge by KMH or Korinthian DMCC.

We would be grateful if you could revert with your responses to the above by no later than 9 September 2024, to enable us to address any outstanding matters in advance of the next procedural step in the enforcement proceedings. If any item requires urgent attention before that date, please do not hesitate to contact us immediately by telephone or email.

We very much appreciate your firm's continued assistance and expertise in the UAE enforcement proceedings, which are of the highest importance to our client. The prompt and effective enforcement of the Award in the UAE is a critical element of TSL's broader enforcement strategy, and we are confident that the collaboration between our firms will achieve the best possible outcome for our client.

Please do not hesitate to contact me or any member of the Calderwood & Harkness team should you require any further information or clarification.

Yours sincerely,

CALDERWOOD & HARKNESS LLP

By: ________

Patrick Gallagher Working Associate — Litigation (General) Calderwood & Harkness LLP 45 Moorgate, London EC2R 6AR United Kingdom

Tel: +44 (0)20 7429 3187

Email: p.gallagher@calderwoodharkness.com

Copies to:

Samuel Eklund, Partner, Calderwood & Harkness LLP (by email) Hannah Brinkley, Lead Associate, Calderwood & Harkness LLP (by email) Tariq Al-Rashid, Managing Partner, Al-Rashid Hatem & Associates (by email) Ioanna Christodoulou, General Counsel, Thalassa Shipping & Logistics SA (by email)

Enclosures: As described herein and per the Schedule below.

SCHEDULE

Schedule of Enclosed Documents

Enforcement of LCIA Award No. 224718 Thalassa Shipping & Logistics SA v. Korinthian Maritime Holdings Ltd. Dubai Court of First Instance — Case No. 1893/2024

Notes:

1. All documents are provided in original English (legalized) and certified Arabic translation. Each Arabic translation has been prepared and certified by Dar Al-Tarjama Legal Translation Services LLC (Certified Translator: Mr. Ahmad Faisal Al-Khatib, UAE Ministry of Justice Accreditation No. MOJ/CT/2019/04827).

2. Electronic PDF copies of all documents accompany this letter by email. Physical originals have been dispatched by Tarrant & Co. Express courier (tracking reference: 4927-8361-5502).

3. Document No. 8 (TSL Board Resolution) includes both the English-language and Greek-language versions, each with a corresponding certified Arabic translation. Page counts reflect the combined total.

4. Legalization status "Notarized, apostilled" indicates that the document has been notarized by a Notary Public in England & Wales and has received an apostille from the UK Foreign, Commonwealth & Development Office under the Hague Apostille Convention. Where "UAE Embassy attested" is also indicated, the document has additionally been authenticated by the Embassy of the United Arab Emirates in London.

CONFIDENTIALITY NOTICE

This letter and all accompanying enclosures are privileged and confidential. They are protected by legal professional privilege and are intended solely for the use of the named addressee, Ms. Leila Hatem of Al-Rashid Hatem & Associates. If you have received this communication in error, please notify Calderwood & Harkness LLP immediately at the contact details set out above and destroy all copies of this letter and its enclosures. Any unauthorized use, disclosure, distribution, or copying of this communication or its contents is strictly prohibited and may constitute a violation of applicable law.

Calderwood & Harkness LLP is a limited liability partnership registered in England & Wales (Registration No. OC 314827) with its registered office at 45 Moorgate, London EC2R 6AR. A list of members is available for inspection at the registered office. The term "partner" refers to a member of Calderwood & Harkness LLP or an employee or consultant with equivalent standing.

Party / Entity	Role	Registered Address	Identifying Number
Thalassa Shipping & Logistics SA	Claimant / Award Creditor	14 Akti Miaouli, 4th Floor, Piraeus 185 35, Greece	Tax ID: EL-801456729
Korinthian Maritime Holdings Ltd.	Respondent / Award Debtor	28 Themistokli Dervi Avenue, Suite 601, Nicosia 1066, Cyprus	Reg. No. HE 387421
Korinthian DMCC	UAE Target Entity (precautionary attachment)	Unit 3407, Almas Tower, JLT, Dubai, UAE	DMCC Licence No. 78214
Emirates Gulf Commercial Bank PJSC	Third-Party Bank (holder of target accounts)	Gate Village 3, DIFC, Dubai, UAE	Central Bank Reg. No. 4917
London Court of International Arbitration (LCIA)	Arbitral Institution	70 Fleet Street, London EC4Y 1EU, United Kingdom	N/A
No.	Document	Date	Original Language	Pages (Orig.)	Pages (Arabic)	Legalization Status
1	Final Award in LCIA Arbitration No. 224718	28 June 2024	English	187	214	Notarized, apostilled, UAE Embassy attested
2	Charter-Party — M/V Aegean Fortuna	15 March 2019	English	63	71	Notarized, apostilled, UAE Embassy attested
3	Charter-Party — M/V Crimson Horizon	22 January 2020	English	58	66	Notarized, apostilled, UAE Embassy attested
4	Charter-Party — M/V Volga Spirit	10 June 2021	English	61	69	Notarized, apostilled, UAE Embassy attested
5	LCIA Arbitration Rules (effective 1 October 2020)	1 October 2020	English	42	49	Notarized, apostilled
6	LCIA Registrar's Certificate (Case No. 224718)	18 July 2024	English	3	4	Notarized, apostilled, UAE Embassy attested
7	Request for Arbitration (filed by TSL)	14 November 2022	English	28	33	Notarized, apostilled
8	TSL Board Resolution authorizing enforcement proceedings	5 August 2024	English / Greek	8	10	Notarized, apostilled, UAE Embassy attested
9	Power of Attorney in favour of Al-Rashid Hatem & Associates	5 August 2024	English	3	4	Notarized, apostilled, UAE Embassy attested

CALDERWOOD & HARKNESS LLP Barristers & Solicitors 45 Moorgate London EC2R 6AR United Kingdom
Patrick Gallagher Working Associate — Litigation (General) Tel: +44 (0)20 7429 3187
Email: p.gallagher@calderwoodharkness.com
2 September 2024
By email and international courier (originals to follow by Tarrant & Co. Express — see Section 7 below)
PRIVATE & CONFIDENTIAL
Ms. Leila Hatem Partner, Dispute Resolution Al-Rashid Hatem & Associates Office 1802, Emirates Financial Towers (South Tower) DIFC Dubai, United Arab Emirates
Re: Enforcement of LCIA Award No. 224718 — *Thalassa Shipping & Logistics SA v. Korinthian Maritime Holdings Ltd. Dubai Court of First Instance, Case No. 1893/2024 Certified Arabic Translations and Legalization of Supporting Documentation*
Dear Ms. Hatem,
1. Purpose of this Letter
We write further to the instruction letter dated 18 August 2024 from our partner Samuel Eklund and to our subsequent correspondence regarding the enforcement proceedings before the Dubai Court of First Instance in the above-referenced matter. The purpose of this letter is to accompany the certified Arabic translations and legalized documentation package that we have prepared for filing in connection with the enforcement application lodged under Case No. 1893/2024 on 22 August 2024.
We confirm that all translations have been completed, certified, and legalized in accordance with the requirements of the courts of the United Arab Emirates for the recognition and enforcement of foreign arbitral awards. In particular, the documentation package has been prepared to satisfy the filing requirements under UAE Federal Law No. 6 of 2018 on Arbitration (the "UAE Arbitration Law") and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, done at New York on 10 June 1958 (the "New York Convention"), to which both the United Kingdom and the United Arab Emirates are signatories.
The documentation package enclosed with this letter is intended to place your firm in a position to submit all required materials to the Dubai Court of First Instance without delay. We respectfully request that you review the package in its entirety and advise us promptly if any additional documents, certifications, translations, or legalization steps are required under local practice or by direction of the court.
2. Identification of Translated Documents
Set out below is an itemized description of each document that has been translated from English into Arabic and included in the enclosed documentation package.
2.1 LCIA Final Award (No. 224718)
The principal document in the package is the Final Award rendered in LCIA Arbitration No. 224718, the details of which are as follows:
Full Title: Final Award in LCIA Arbitration No. 224718
Date of Award: 28 June 2024
Arbitral Tribunal:
• Presiding Arbitrator: The Rt. Hon. Sir Malcolm Fenton-Clarke KC
• Co-Arbitrator: Professor Athena Drakopoulos (appointed by the Claimant)
• Co-Arbitrator: Dr. Henrik Dalmqvist (appointed by the Respondent)
• Tribunal Secretary: Ms. Fiona Beckett
Parties:
• Claimant: Thalassa Shipping & Logistics SA ("TSL")
• Respondent: Korinthian Maritime Holdings Ltd. ("KMH")
Award Summary: The Tribunal found in favour of the Claimant and ordered the Respondent to pay the following sums:
• Principal amount: £96,450,000 (ninety-six million four hundred and fifty thousand pounds sterling) in respect of damages for breach of the three time charter-party agreements described at Section 2.2 below;
• Costs: £12,150,000 (twelve million one hundred and fifty thousand pounds sterling) in respect of the Claimant's legal costs, arbitration costs, and the Tribunal's fees and expenses;
• Total: £108,600,000 (one hundred and eight million six hundred thousand pounds sterling), together with post-award interest as set out in the Award.
Language of Original: English
Number of Pages: The original Award comprises 187 pages. The certified Arabic translation comprises 214 pages.
2.2 Charter-Party Agreements (Containing Arbitration Clauses)
The arbitration from which the Award arises was commenced pursuant to the LCIA arbitration clauses contained in three time charter-party agreements entered into between TSL and KMH. Each charter-party is governed by English law and provides for arbitration under the LCIA Arbitration Rules with the seat of arbitration in London, England. The three charter-party agreements are:
(a) Charter-Party for M/V *Aegean Fortuna*
• Date: 15 March 2019
• Vessel: M/V Aegean Fortuna (IMO No. 9478213)
• Charterer: Thalassa Shipping & Logistics SA
• Owner: Korinthian Maritime Holdings Ltd.
• Governing Law: English law
• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London
• Language of Original: English
• Number of Pages: Original — 63 pages; Arabic translation — 71 pages
(b) Charter-Party for M/V *Crimson Horizon*
• Date: 22 January 2020
• Vessel: M/V Crimson Horizon (IMO No. 9512847)
• Charterer: Thalassa Shipping & Logistics SA
• Owner: Korinthian Maritime Holdings Ltd.
• Governing Law: English law
• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London
• Language of Original: English
• Number of Pages: Original — 58 pages; Arabic translation — 66 pages
(c) Charter-Party for M/V *Volga Spirit*
• Date: 10 June 2021
• Vessel: M/V Volga Spirit (IMO No. 9587134)
• Charterer: Thalassa Shipping & Logistics SA
• Owner: Korinthian Maritime Holdings Ltd.
• Governing Law: English law
• Arbitration Clause: Clause 42 — LCIA arbitration, seat of London
• Language of Original: English
• Number of Pages: Original — 61 pages; Arabic translation — 69 pages
We draw your attention to the fact that the arbitration clauses in each of the three charter-party agreements constitute the jurisdictional basis for the Award and form the foundation for recognition and enforcement under Article II and Article V of the New York Convention and Article 53 of the UAE Arbitration Law. We have ensured that the arbitration clauses, including all ancillary provisions regarding the appointment of arbitrators, applicable rules, seat, and governing law, have been translated with particular care and precision to facilitate the court's review.
2.3 LCIA Arbitration Rules
A copy of the LCIA Arbitration Rules (effective 1 October 2020) applicable to the arbitration proceedings has been translated and is included in the documentation package.
• Language of Original: English
• Number of Pages: Original — 42 pages; Arabic translation — 49 pages
2.4 Certificate from the LCIA Registrar
The LCIA has issued a certificate confirming the authenticity of the Final Award, that the Award is final and binding on the parties, and that the arbitration was conducted in accordance with the LCIA Arbitration Rules. The details of this certificate are as follows:
• Issuing Authority: LCIA Registrar
• LCIA Case Reference: No. 224718
• Date of Certificate: 18 July 2024
• Language of Original: English
• Number of Pages: Original — 3 pages; Arabic translation — 4 pages
This certificate is of particular importance for the enforcement application, as it provides independent institutional confirmation that the Award was rendered in accordance with the governing procedural rules and that no procedural irregularity has been identified by the LCIA.
2.5 Request for Arbitration
TSL's Request for Arbitration, which initiated the LCIA proceedings, has been translated and included for the court's reference. The details are as follows:
• Document: Request for Arbitration filed by Thalassa Shipping & Logistics SA
• Date Filed: 14 November 2022
• Language of Original: English
• Number of Pages: Original — 28 pages; Arabic translation — 33 pages
2.6 Power of Attorney / Authority to Act
The documentation package includes the corporate authorization documents evidencing TSL's authority to bring enforcement proceedings in the UAE and to instruct Al-Rashid Hatem & Associates to act on its behalf in the enforcement application and related proceedings. These documents comprise:
(a) Board Resolution of Thalassa Shipping & Logistics SA
• Date: 5 August 2024
• Content: Resolution of the Board of Directors of TSL authorizing the commencement and pursuit of enforcement proceedings in the United Arab Emirates in respect of LCIA Award No. 224718, including the filing of precautionary attachment applications, and authorizing the instruction of Al-Rashid Hatem & Associates as local counsel in the UAE
• Signed by: Mr. Nikolaos Papadimitriou (Chairman & CEO) and Ms. Elena Stavridis (CFO)
• Language of Original: English (with a Greek-language counterpart, which has also been translated into Arabic)
• Number of Pages: Original — 4 pages (English version) and 4 pages (Greek version); Arabic translation — 5 pages (from the English version) and 5 pages (from the Greek version)
(b) Power of Attorney
• Date: 5 August 2024
• Content: Power of Attorney executed by TSL in favour of Al-Rashid Hatem & Associates, granting authority to represent TSL before the Dubai courts in all enforcement and related proceedings
• Language of Original: English
• Number of Pages: Original — 3 pages; Arabic translation — 4 pages
3. Certification of Translations
We confirm that all Arabic translations enclosed with this letter have been prepared by Dar Al-Tarjama Legal Translation Services LLC, a certified legal translation firm accredited by the UAE Ministry of Justice and approved for the preparation of translations for use in all courts of the United Arab Emirates, including the Dubai Court of First Instance. The translations were carried out under the supervision of Mr. Ahmad Faisal Al-Khatib, a certified legal translator bearing UAE Ministry of Justice Accreditation No. MOJ/CT/2019/04827.
Each translation in the enclosed package bears the following:
(a) the certified translator's official stamp and personal signature;
(b) a sworn declaration (printed on Dar Al-Tarjama Legal Translation Services LLC headed paper) confirming that the Arabic-language text constitutes a true, complete, and accurate rendering of the original English-language document;
(c) the accreditation number of the translator and the firm; and
(d) the date of certification (each document was certified between 20 August 2024 and 30 August 2024).
We have reviewed each certified translation against the original English-language document and are satisfied that the translations are faithful and accurate in all material respects. However, as our review was conducted for the purposes of general quality assurance and not as a substitute for the expertise of an Arabic-language legal practitioner, we would be grateful if your firm could conduct its own review of the translations to confirm their accuracy and suitability for filing with the Dubai Court of First Instance. In particular, we would appreciate your confirmation that the transliterations of party names, vessel names, and technical shipping and arbitration terminology are consistent with the conventions and preferences of the Dubai courts.
4. Legalization and Authentication
We confirm that the original English-language documents and their certified Arabic translations have been legalized through the following chain of authentication, as required for the submission of foreign-language documents in enforcement proceedings before the courts of the United Arab Emirates:
Step 1 — Notarization: Each original English-language document (together with its certified Arabic translation, where the translation was completed in England) was notarized by Mr. James Whitfield, Notary Public, of Whitfield & Partners Notaries, 12 Old Broad Street, London EC2N 1AR, England. The notary confirmed the identity of the signatory or the authenticity of the document, as applicable, and affixed his notarial seal and signature to each document. The notarizations were completed on 28 and 29 August 2024.
Step 2 — Apostille: Following notarization, each document was submitted to the UK Foreign, Commonwealth & Development Office ("FCDO") for the issuance of an apostille under the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, done at The Hague on 5 October 1961 (the "Hague Apostille Convention"). We note that the United Arab Emirates acceded to the Hague Apostille Convention with effect from 24 February 2023, and accordingly apostilles issued by the FCDO are recognised by the UAE authorities. The apostilles were issued by the FCDO on 30 August 2024.
Step 3 — UAE Embassy Authentication: In addition to the apostille, and in accordance with prevailing practice and the specific requirements of the Dubai Court of First Instance (which, as you have advised, continues to require embassy attestation for certain categories of documents notwithstanding the UAE's accession to the Hague Apostille Convention), we have obtained authentication from the Embassy of the United Arab Emirates in London for each of the following documents:
(i) the LCIA Final Award (No. 224718);
(ii) the three charter-party agreements;
(iii) the LCIA Registrar's Certificate;
(iv) the TSL Board Resolution; and
(v) the Power of Attorney.
The UAE Embassy authentication stamps were obtained on 1 September 2024. We note that the LCIA Arbitration Rules and the Request for Arbitration have been notarized and apostilled but have not been submitted for UAE Embassy authentication, as these documents fall within the category of supplementary materials for which, based on your previous guidance, the apostille alone is sufficient. If the Dubai Court requires UAE Embassy attestation for these documents as well, we would be grateful if you could advise us at the earliest opportunity so that we can arrange for this to be completed without delay.
We confirm that each document in the enclosed package now bears the required legalization stamps, apostilles, and (where applicable) UAE Embassy attestation seals. The legalization chain is complete and, to our understanding, satisfies the authentication requirements of the Dubai Court of First Instance.
5. Conformity with UAE Court Requirements
On the basis of the foregoing, we expressly confirm that the documentation package enclosed with this letter is, to Calderwood & Harkness LLP's understanding and based on the guidance provided by your firm, complete and in conformity with the filing requirements of the Dubai Court of First Instance for enforcement applications under the following:
(a) UAE Federal Law No. 6 of 2018 on Arbitration (the "UAE Arbitration Law"), and in particular Article 53 thereof, which sets out the requirements for the recognition and enforcement of foreign arbitral awards in the UAE;
(b) The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958), as ratified by the United Arab Emirates by way of Federal Decree No. 43 of 2006, which governs the recognition and enforcement of arbitral awards made in the territory of another contracting state; and
(c) UAE Federal Law No. 11 of 1992 (as amended) (the "UAE Civil Procedure Law"), as applicable to the precautionary attachment application over the accounts and receivables of Korinthian DMCC held at Emirates Gulf Commercial Bank PJSC (discussed further at Section 6 below).
Notwithstanding the foregoing, we recognise that your firm is best placed to assess whether the documentation package meets all requirements of local practice and any specific directions that may have been issued by the court. We therefore respectfully request that you review the package in its entirety and confirm, at your earliest convenience, whether any additional documents, certifications, translations, or legalization steps are required before the materials are submitted to the court.
6. Reference to Precautionary Attachment Application
We note that the same documentation package described in this letter is intended to support both:
(a) the enforcement application under Case No. 1893/2024, filed on 22 August 2024; and
(b) the precautionary attachment application over the accounts and receivables of Korinthian DMCC (a company incorporated in the Dubai Multi Commodities Centre, registered at Unit 3407, Almas Tower, Jumeirah Lakes Towers, Dubai, UAE) held at Emirates Gulf Commercial Bank PJSC (Gate Village 3, DIFC, Dubai, UAE).
We understand from your letter of 29 August 2024 that the precautionary attachment order was granted by the Dubai Court of First Instance on 28 August 2024. We are pleased that the court acted expeditiously in this regard, and we note the importance of maintaining the attachment pending the final determination of the enforcement application.
We confirm that certified Arabic translations of any additional documents required specifically for the precautionary attachment proceedings — including, without limitation, evidence establishing the corporate connection between KMH and Korinthian DMCC, asset tracing materials, and any documents evidencing the flow of funds between the two entities — will be prepared and provided separately as and when required. Should the court request further documentation in support of the attachment order, or should KMH or Korinthian DMCC seek to challenge the attachment, we are prepared to expedite the translation and legalization of any responsive materials.
7. Delivery of Physical Documents
Hard-copy originals of all legalized and translated documents described in this letter are being dispatched today, 2 September 2024, by Tarrant & Co. Express international courier to your office at:
Al-Rashid Hatem & Associates Office 1802, Emirates Financial Towers (South Tower) DIFC Dubai, United Arab Emirates
Attention: Ms. Leila Hatem
The Tarrant & Co. Express tracking reference number for this consignment is: 4927-8361-5502. Estimated delivery is within two (2) business days of dispatch. The courier package contains one (1) sealed archival box containing the complete set of original legalized documents and their certified Arabic translations, together with one (1) complete set of colour copies for your firm's working files.
Advance electronic copies (high-resolution PDF scans) of all documents are attached to the email transmitting this letter. The electronic copies are provided for your immediate reference and to enable your firm to commence its review of the package without awaiting the arrival of the physical originals. We would respectfully remind you that the physical originals must be filed with the court; the PDF copies are for internal reference only and should not be submitted to the court in lieu of the originals unless the court expressly permits electronic filing.
We kindly request that you confirm receipt of both the electronic copies (by return email) and the physical courier package (upon delivery).
8. Inventory / Schedule of Enclosures
A detailed Schedule of all enclosed documents is attached to this letter as the Schedule. The Schedule lists each document by sequential number, full title, date, original language, number of pages (original and Arabic translation), and confirmation of legalization status. We have prepared the Schedule to facilitate your firm's review and to serve as a filing checklist for the court submission.
Please refer to the Schedule at the end of this letter for the complete inventory.
9. Key Parties and Entities Referenced in Documentation
For your firm's reference, and to ensure the accuracy of Arabic transliterations of party names, addresses, and other identifying particulars throughout the translated documents, we set out below a summary table of the key parties and entities referenced in the documentation package:
We would be grateful if you could verify that the Arabic transliterations of the above names — and in particular the transliterations of the Greek-language names of the Claimant and its officers — are accurate and consistent with any prior filings made in the Dubai courts or the DIFC courts. If any discrepancies are identified, please advise us so that we may arrange for the translations to be corrected and re-certified before filing.
We also note for your reference that the Award was rendered in London, which is the seat of the arbitration. The Award is final and binding on the parties. KMH filed an application to set aside the Award before the English Commercial Court under Case No. CL-2024-000487 on 19 August 2024, pursuant to Section 68 of the Arbitration Act 1996. That application remains pending as of the date of this letter, and Calderwood & Harkness LLP is actively defending it on behalf of TSL. We will keep you informed of any material developments in those proceedings. It is our present assessment, based on the grounds raised in KMH's application, that the set-aside application is without merit and is unlikely to succeed. The pendency of the set-aside application should not, in our view, constitute a ground for refusing enforcement of the Award under Article V of the New York Convention or under the UAE Arbitration Law, but we defer to your assessment of the position under UAE law and local court practice.
10. Coordination with Calderwood & Harkness LLP
Any queries regarding the documentation package, the underlying arbitration proceedings, or the English set-aside proceedings should be directed in the first instance to the undersigned or to Hannah Brinkley (Lead Associate) at Calderwood & Harkness LLP:
Patrick Gallagher Working Associate — Litigation (General) Tel: +44 (0)20 7429 3187
Email: p.gallagher@calderwoodharkness.com
Hannah Brinkley Lead Associate — Litigation (General) Tel: +44 (0)20 7429 3294
Email: h.brinkley@calderwoodharkness.com
Samuel Eklund (Partner — Litigation, General) is the responsible partner overseeing all enforcement proceedings in this matter, including the Dubai enforcement and precautionary attachment applications, and is available for any escalated matters or strategic discussions:
Samuel Eklund Partner — Litigation (General) Tel: +44 (0)20 7429 3041
Email: s.eklund@calderwoodharkness.com
We confirm that the instruction letter to your firm dated 18 August 2024 from Mr. Eklund remains the governing engagement document for the purposes of your firm's retainer and terms of instruction. Nothing in this letter is intended to amend or supersede the terms of that instruction letter.
11. Request for Confirmation
In light of the foregoing, we respectfully request that Al-Rashid Hatem & Associates:
1. Review the enclosed documentation package in its entirety for completeness and compliance with the filing requirements of the Dubai Court of First Instance and any applicable practice directions;
2. Confirm whether any additional translations, certifications, legalization steps, or supplementary documents are required before the materials are submitted to the court;
3. Advise on the expected timeline for the court hearing on the enforcement application under Case No. 1893/2024, including any preliminary hearings or procedural conferences that may be scheduled, and whether the court is likely to require oral submissions or will determine the application on the papers;
4. Confirm receipt of the physical courier package (Tarrant & Co. tracking reference: 4927-8361-5502) upon its delivery to your offices; and
5. Provide your assessment of whether any steps should be taken in relation to the precautionary attachment order in anticipation of any challenge by KMH or Korinthian DMCC.
We would be grateful if you could revert with your responses to the above by no later than 9 September 2024, to enable us to address any outstanding matters in advance of the next procedural step in the enforcement proceedings. If any item requires urgent attention before that date, please do not hesitate to contact us immediately by telephone or email.
We very much appreciate your firm's continued assistance and expertise in the UAE enforcement proceedings, which are of the highest importance to our client. The prompt and effective enforcement of the Award in the UAE is a critical element of TSL's broader enforcement strategy, and we are confident that the collaboration between our firms will achieve the best possible outcome for our client.
Please do not hesitate to contact me or any member of the Calderwood & Harkness team should you require any further information or clarification.
Yours sincerely,
CALDERWOOD & HARKNESS LLP
By: ________
Patrick Gallagher Working Associate — Litigation (General) Calderwood & Harkness LLP 45 Moorgate, London EC2R 6AR United Kingdom
Tel: +44 (0)20 7429 3187
Email: p.gallagher@calderwoodharkness.com
Copies to:
Samuel Eklund, Partner, Calderwood & Harkness LLP (by email) Hannah Brinkley, Lead Associate, Calderwood & Harkness LLP (by email) Tariq Al-Rashid, Managing Partner, Al-Rashid Hatem & Associates (by email) Ioanna Christodoulou, General Counsel, Thalassa Shipping & Logistics SA (by email)
Enclosures: As described herein and per the Schedule below.
SCHEDULE
Schedule of Enclosed Documents
Enforcement of LCIA Award No. 224718 Thalassa Shipping & Logistics SA v. Korinthian Maritime Holdings Ltd. Dubai Court of First Instance — Case No. 1893/2024
Notes:
1. All documents are provided in original English (legalized) and certified Arabic translation. Each Arabic translation has been prepared and certified by Dar Al-Tarjama Legal Translation Services LLC (Certified Translator: Mr. Ahmad Faisal Al-Khatib, UAE Ministry of Justice Accreditation No. MOJ/CT/2019/04827).
2. Electronic PDF copies of all documents accompany this letter by email. Physical originals have been dispatched by Tarrant & Co. Express courier (tracking reference: 4927-8361-5502).
3. Document No. 8 (TSL Board Resolution) includes both the English-language and Greek-language versions, each with a corresponding certified Arabic translation. Page counts reflect the combined total.
4. Legalization status "Notarized, apostilled" indicates that the document has been notarized by a Notary Public in England & Wales and has received an apostille from the UK Foreign, Commonwealth & Development Office under the Hague Apostille Convention. Where "UAE Embassy attested" is also indicated, the document has additionally been authenticated by the Embassy of the United Arab Emirates in London.
CONFIDENTIALITY NOTICE
This letter and all accompanying enclosures are privileged and confidential. They are protected by legal professional privilege and are intended solely for the use of the named addressee, Ms. Leila Hatem of Al-Rashid Hatem & Associates. If you have received this communication in error, please notify Calderwood & Harkness LLP immediately at the contact details set out above and destroy all copies of this letter and its enclosures. Any unauthorized use, disclosure, distribution, or copying of this communication or its contents is strictly prohibited and may constitute a violation of applicable law.
Calderwood & Harkness LLP is a limited liability partnership registered in England & Wales (Registration No. OC 314827) with its registered office at 45 Moorgate, London EC2R 6AR. A list of members is available for inspection at the registered office. The term "partner" refers to a member of Calderwood & Harkness LLP or an employee or consultant with equivalent standing.
Party / Entity | Role | Registered Address | Identifying Number
Thalassa Shipping & Logistics SA | Claimant / Award Creditor | 14 Akti Miaouli, 4th Floor, Piraeus 185 35, Greece | Tax ID: EL-801456729
Korinthian Maritime Holdings Ltd. | Respondent / Award Debtor | 28 Themistokli Dervi Avenue, Suite 601, Nicosia 1066, Cyprus | Reg. No. HE 387421
Korinthian DMCC | UAE Target Entity (precautionary attachment) | Unit 3407, Almas Tower, JLT, Dubai, UAE | DMCC Licence No. 78214
Emirates Gulf Commercial Bank PJSC | Third-Party Bank (holder of target accounts) | Gate Village 3, DIFC, Dubai, UAE | Central Bank Reg. No. 4917
London Court of International Arbitration (LCIA) | Arbitral Institution | 70 Fleet Street, London EC4Y 1EU, United Kingdom | N/A
No. | Document | Date | Original Language | Pages (Orig.) | Pages (Arabic) | Legalization Status
1 | Final Award in LCIA Arbitration No. 224718 | 28 June 2024 | English | 187 | 214 | Notarized, apostilled, UAE Embassy attested
2 | Charter-Party — M/V Aegean Fortuna | 15 March 2019 | English | 63 | 71 | Notarized, apostilled, UAE Embassy attested
3 | Charter-Party — M/V Crimson Horizon | 22 January 2020 | English | 58 | 66 | Notarized, apostilled, UAE Embassy attested
4 | Charter-Party — M/V Volga Spirit | 10 June 2021 | English | 61 | 69 | Notarized, apostilled, UAE Embassy attested
5 | LCIA Arbitration Rules (effective 1 October 2020) | 1 October 2020 | English | 42 | 49 | Notarized, apostilled
6 | LCIA Registrar's Certificate (Case No. 224718) | 18 July 2024 | English | 3 | 4 | Notarized, apostilled, UAE Embassy attested
7 | Request for Arbitration (filed by TSL) | 14 November 2022 | English | 28 | 33 | Notarized, apostilled
8 | TSL Board Resolution authorizing enforcement proceedings | 5 August 2024 | English / Greek | 8 | 10 | Notarized, apostilled, UAE Embassy attested
9 | Power of Attorney in favour of Al-Rashid Hatem & Associates | 5 August 2024 | English | 3 | 4 | Notarized, apostilled, UAE Embassy attested

CALDERWOOD & HARKNESS LLP Barristers & Solicitors 45 Moorgate London EC2R 6AR United Kingdom

PRIVATE & CONFIDENTIAL

CALDERWOOD & HARKNESS LLP

SCHEDULE

CONFIDENTIALITY NOTICE

Record

Parties

Dates

Amounts