KM Innovation, Inc. has continued to grow as a comprehensive agency and international consultant that introduces new technologies

and main products of Oil & Gas, Power & Energy, Marine & Offshore and Environmental Industry.

We are very pleased to introduce ourselves to you and hope to build a valuable relationship with honor in the upcoming future.

We wish you referred to credit reliability of us to our bank as follows;

- Bank : Shinhan Bank, Gyoungheegung Branch- Address : 23 Saemunan-ro 3-gil, Jongno-gu, Seoul, 13174, Korea- Telephone : (82)-2-739-3900

Thank You and Best Regards,

James Lee / President

■ Brief History

Jan 2006Mar 2006May 2008May 2009Sep 2009Aug 2012Aug 2013Dec 2013May 2017May 2017Jun 2017Feb 2018Feb 2018Jun 2018

Corporation Establishment - KIUM International Co.,Sales Agent Agreement with Siemens Water Technologies (Changed to Evoqua Water Technologies)Sales Representative Agreement with Saudi Pump Factory, Saudi Arabia Sales Agent Agreement with Greens Power Limited, U.K.Sales Agent Agreement with Mitsubishi Heavy Industries Mechatronics Systems, JapanSales Representative Agreement with Wahlco, Inc, U.S.A.Change company name to KM INNOVATION, INC.Sales Agent Agreement with Mitsubishi Heavy Industries Pump, JapanSales Representative & Engineering Services Agreement with M.E. Energy Private Limited, India Sales Representative Agreement with CR Ocean Engineering LLC, U.S.A.Sales Representative Agreement with Statiflo International Limited, U.K.Sales Representative Agreement with PUMPIRAN Co., IranAuthorized Distributor Agreement with Landstrong Group, Inc. U.S.A.Sales Agency Agreement with KÜTTNER Ironmaking & Energy GmbH, Germany

■ Items

□ Marine & OffshoreAOD® System (Ammonia on Demand System)Scrubbing SystemsStatic MixersWHRU (Waste Heat Recovery Unit)

□ OnshoreU2A

®(Urea to Ammonia Conversion System)

AOD® System (Ammonia on Demand System)Ecostat® Gas Gas Heater Transfer Chute EquipmentStatic MixersWHRU (Waste Heat Recovery Unit)Pumps

■ Regular Customer List

□ Marine & Offshore- DSME (Daewoo Shipbuilding & Marine Engineering Co., Ltd.)- HHI (Hyundai Heavy Industries) / Shipbuilding & Offshore Division- HHIC (Hanjin Heavy Industries and Construction Co., Ltd.)- Orient Shipyard Co., Ltd.- SHI (Samsung Heavy Industries Co., Ltd.)

- DSEC Co., Ltd. - HGS (Hyundai Global Service Co., Ltd.)

□ Onshore - DIC (Daelim Industrial Co., Ltd.)- Doosan Engine- Doosan Heavy Industries & Construction- DWEC (Daewoo Engineering & Construction)- eTEC E&C (eTEC Engineering & Construction)- GS E&C (GS Engineering & Construction)- Hanwha E&C (Hanwha Engineering & Construction)- HDEC (Hyundai Engineering & Construction)- HEC (Hyundai Engineering Co., Ltd.)- HHI (Hyundai Heavy Industries) / Industrial Plant & Engineering and Engine Machinery Division- LOTTE E&C (Lotte Engineering & Construction)- POSCO E&C (POSCO Engineering & Construction)- SAE-A STX ENTECH CO., Ltd- SAMSUNG C&T (Samsung Construction & Trading)- SECL (Samsung Engineering Co., Ltd.)- SKEC (SK Engineering & Construction)

KEPCO E&C (Korea Electric Power Corporation Engineering & Construction) / Public Energy Enterprise - KOMIPO (Korea Midland Power / Public Energy Enterprise - KOSEP (Korea South-East Power Co.) / Public Energy Enterprise - KOSPO (Korean Southern Power Co.,Ltd.) / Public Energy Enterprise

- Boim Energy Co., Ltd.- GJEC (Gunjang Energy Co., Ltd.) - KKPC (Kumho Petrochemical Co., Ltd.)- POSPower Co.,Ltd.

- Aerix Co., Ltd.- Bluebird Inc.- KC Cottrell Co., Ltd. - POSCO ICT

■ Major Reference List

□ Marine & Offshore Project

No. Year Client Name Project Name End User Name Vendor Name Item

1 2008 DSME Hull Number 2277 BRUNEI LNG Siemens M.G.P.S.

2 2008 DSME Hull Number 2280~2 SONANGOL Siemens M.G.P.S.

3 2009 SHI Hull Number 1810~3 ANGOLA RUAN Siemens M.G.P.S.

4 2009 DSME Hull Number 2273 BRUNEI LNG Siemens M.G.P.S.

5 2011 SHI Hull Number 1946~7, 2016~7, 2041~3, 3044 GASLOG Siemens M.G.P.S.

6 2011 SHI Hull Number 2033 CHEVRON Siemens M.G.P.S.

7 2011 SHI Hull Number 2031 GOLAR LNG Siemens M.G.P.S.

8 2011 DSME Hull Number 3402 HEEREMA Siemens M.G.P.S.

9 2011 HHI Hull Number 2548~9 HOEGH LNG Siemens M.G.P.S.

10 2012 DSME Hull Number 3401 ALLSEAS Siemens M.G.P.S.

11 2012 SHI Hull Number 2024 GOLAR LNG Siemens M.G.P.S.

12 2012 SHI Hull Number 1920~1, 1941~2, 2060~1, 69~70 CHEVRON Siemens M.G.P.S.

13 2012 HHI Hull Number 2550~1 HOEGH FSRU Siemens M.G.P.S.

14 2012 HHI Hull Number 2606~7 BRUNEI LNG Siemens M.G.P.S.

15 2013 HHI Hull Number 2607 BRUNEI LNG Siemens M.G.P.S.

16 2013 HHI Hull Number 2636~7 SHELL Siemens M.G.P.S.

17 2013 SHI Hull Number 2074 BW FSRU Siemens M.G.P.S.

18 2013 SHI Hull Number 2056 GOLAR LNG Siemens M.G.P.S.

19 2014 SHI Hull Number 2118 GOLAR LNG EWT M.G.P.S.

20 2015 HHI Hull Number 2552, 2865 HOEGH LNG EWT M.G.P.S.

21 2015 SHI Hull Number 2189 GOLAR FSRU EWT M.G.P.S.

22 2017 HHI Hull Number 2909 HOEGH LNG EWT M.G.P.S.

■ Major Reference List

□ Onshore Project - 1

No. Year Client Name Project Name End User Name Vendor Name Item

1 2009 GS E&C Manifa Gas Facilities Saudi Aramco Saudi Pump Factory Centrifugal ANSI, API, OH2 Pump

2 2009 HDEC Karan Gas Facilities Saudi Aramco Saudi Pump Factory Centrifugal API Pump

3 2011 SECL Shaybah Package #1, 4 Saudi Aramco Saudi Pump Factory Vertical Sump, Centrifugal Pump

5 2011 SECL Wasit Package #2 Saudi Aramco Saudi Pump Factory Blow Down Pump

6 2011 SKEC Wasit Package #1, 3 Aramco Overseas Company Saudi Pump Factory Non API, Vertical Sump Pump

7 2012 eTEC E&C Port Facilities SIPCHEM Saudi Pump Factory Centrifugal Pump

8 2012 SECL Shaybah Package #2 Aramco Overseas Company Saudi Pump Factory Fire Water Pump

9 2012 SECL CO2 Uthmaniyah Saudi Aramco Saudi Pump Factory Centrifugal - Hawiyah Pump

10 2012 DIC Sadara MFC DOW & Saudi Aramco Saudi Pump Factory Vertical Sump Pump

11 2012 SKEC Wasit Package #1, 4 Aramco Overseas Company Saudi Pump Factory Vertical Sump Pump

12 2013 DIC Sadara MFC DOW & Saudi Aramco Saudi Pump Factory Multi Stage Vertical Pump

13 2013 SECL Luberef Yanbu Saudi Aramco Lubricating

Oil Refining CompanySaudi Pump Factory Centrifugal VS6, ANSI, Fire Water Pump

14 2013 DWEC Hout KJO (Al Khafji Joint Operation) Saudi Pump Factory Fire Fighting Pump

15 2013 HHI Jeddah South Saudi Electricity Company Wahlco Urea to Ammonia Conversion System

16 2013 SKEC Wasit Package #1 Aramco Overseas Company Saudi Pump Factory Non API Pump

17 2013 SKEC Jazan Package #9 Aramco Overseas Company Saudi Pump Factory Vertical Sump Pump

18 2013 GS E&C Rabigh Ⅱ CP-3/4 Saudi Aramco & Sumitomo Saudi Pump Factory Non API Horizontal, Vertical Pump

19 2013 Hanwha E&C Ma'aden Gold Ma'aden Gold Saudi Pump Factory Fire Water Pump

20 2014 HHI Shuqaiq Saudi Electricity Company Wahlco Urea to Ammonia Conversion System

■ Major Reference List

□ Onshore Project - 2

No. Year Client Name Project Name End User Name Vendor Name Item

21 2015 DWEC Moroco Safi Safi Energy Company Mitsubishi Heavy Industries Circulating Water Pump

22 2017 KC Cottrell Yeosu Energy CFBC Unit 5&6 Kumho Petrochemical Wahlco Urea Handling System

23 2017 Doosan Doha RO in Kuwait Ministry of Electricity & Water Statiflo Static Mixers

24 2018 Doosan Shoaiba RO Phase 4 Saline Water Conversion

CorporationStatiflo Static Mixers

25 2018 KC Cottrell ShinSeoCheon Daelim Industrial Co, Ltd. Wahlco Urea to Ammonia Conversion System

26 2019 SaeA STX POSCO Pohang & Gwangyang POSCO Wahlco Urea to Ammonia Conversion System

27 2019 EMKO Namjeju Combined Cycle Power Korea Southern Power Co., Ltd Wahlco Urea to Ammonia Conversion System

28 2019 KC Cottrell Daesan Biomass Private Company Consortium Wahlco Urea to Ammonia Conversion System

29 2020 KC Cottrell Thermal Power Plant Unit 7&8 Kumho Petrochemical Wahlco Urea to Ammonia Conversion System

President / CEO & CSO

Vice President / CTO

Marketing Team /

Engineering Team /

Management Team /

Service Team /

Overseas SalesDomestic Sales

Marketing CoordinationAccountingAdministration

Customer ServiceAfter Market Service

■ Company Organization Structure

Project ManagementBasic & Detail Engineering

Address : Kyobo Building 15th Floor, 1 JongnoJongno-gu, Seoul 03154, Korea

Tel : (82)-70-8667-6043 (82)-2-2010-8845

Fax : (82)-2-2010-8899

Website : www.kminno.com

E-mail : contact@kminno.com