From: Karyna Shuliak
Sent: Friday, February 15, 2019 10:10 AM
To: Jeffrey
Subject: Fwd: Bin Ennakhil

Begin forwarded message:

| Field | Value |
|---|---|
|Header| Begin forwarded message: |
|From| Alex Peto (portion after name redacted) |
|Date| February 15, 2019 at 9:36:28 AM GMT+= (appears with extra characters) |
|To| Karyna Shuliak |
|Cc| Marc León (portion after name redacted) |
|Subject| Bin Ennakhil (appears as "Su=ject: Bin Ennakhil") |

Note: Several surrounding fields are redacted with black boxes.

## Dear Karyna

The vendor will not accept less=than 25m euros net to him - our agency fees can either be paid by you or by=the vendor but if he pays then the price would need to be 26m euros. <=iv class="">

We have a list of what i=ems he intends to remove - it is not much but for example there is a Gaugui= in the bedroom which of course he will remove - I will get this list and s=nt it to you.

It i= not possible to only buy the asset and it does save you 7% in government t=xes - your lawyers can check the company has no liabilities but I assure yo= anyway it doesn't.

If you would like to discuss any of the above over the telephone p=ease let me know a convenient time to call you.

All the best

Alex

Alex Peto
Partner</=ont>
&n=s ;

&nb=p;www.k=nsingtonmorocco.com <http://www.kensingtonmorocco.com/>

## Dear Karyna (cont.)

Find us on Facebook <https://www.fac=book.com/kensingtonmorocco/> | <=
href="https://www.instagram.com/kensington.morocco/" style="color: rgb=149, 79, 114);" class="""">Instag=am | Twitter=/o:p>

=nbsp; Private Office Marrakech

1st Floor, Imm El Pacha
67 Rue Ibn Khaldoun, 40000
Marrakech<=div>
Morocco

Please consider the enviro=ment before printing this email.

This e-ma=l may contain confidential and/or privileged information. If you are not th= intended recipient (or have received this e-mail in error) please notify t=e sender immediately and destroy this e-mail. Any unauthorized copying, dis=losure or distribution of the material in this e-mail is strictly forbidden=

<=iv class="">On Feb 14, 2019, at 21:23, Karyna Shuliak ████████████████████████████████████████ wrote:

Dear Alex,

Thank you for your email.

Than= you,

Best regards,

## <=span>

Karyna
On Feb 14, 2019, at 7:27 PM, Alex Pet rote:
=br class="">

Dear Karyna,

Please find attached a draft of the sale contract of the shares an= some requested information:

	• No transfer taxes. It is a share deal without transfer taxes</=iv>

	- Closing costs: Only our real estate agent's fees, 3% e= VAT

	- Time frame: As soon as the funds are transferre=

- Due diligence: All the documents of the selle=s company are available and this company has only one asset - Bin Ennakhil i= Marrakech

	- MEP, roofs control: No but can be done at=anytime

## <=span> (cont.)

All the b=st

Alex

<Kaufvertr=g.doc>

Key details: Alex Peto is a Partner at Kensington Morocco (www.kensingtonmorocco.com). The email address is obscured.

Find us on Facebook <https://www.facebo=k.com/kensingtonmorocco/>

Instagram=/span> | Twitter</=:p>

The image shows text labels: "Private Office Marrakech" and unknown.png.

## Please consider the environment before printing this emai=.

This e-mail may contain confidential and=or privileged information. If you are not the intended recipient (or have r=ceived this e-mail in error) please notify the sender immediately and destr=y this e-mail. Any unauthorized copying, disclosure or distribution of the m=terial in this e-mail is strictly forbidden.

On Feb 13, 2019, at 12:48, Karyna Shuliak

wrote:

<meta http-equiv="content-type" content="text/html; charset=utf-8" cla=s=""/>
Dear Alex,

## Please consider the environment before printing this emai=. (cont.)

As you may already know, we are in negotiation= on another property, so

please provide as much info as you can, as soon as=you are able to. Taxes on transfer, estimated closing costs, inspections, t=me frame. Has a recent MEP survey been done? Have the roofs been examined? 1= it is in co form, is there due diligence that has been done on sellers co.=

=div dir="ltr" class="Thank you.

Best regards,

Karyna

On Feb 13, 2019, at 9:04 AM, Alex P=to

>=

wrote:

## Dear Karyna

Marc is on his way back from Italy today but w=ll send you a contract when he

gets back later today.

=br class="">
All the best

Alex

## Alex Peto

Partner

<=pan lang="FR-MA" class=""> www.kensingtonmorocco.com

<http://www.kens=ngtonmorocco.com/>

Find us on Facebook <https://www.facebo=k.com/kensingtonmorocco/>

Instagram=/span> | Twitter</=:p>

<=span>
Private Office M=rrakech
██████████████████████
<unknown.png>

## Alex Peto (cont.)

Please conside= the environment before printing this email. This e-mail may contain confidential and/or privileged information. If yo= are not the intended recipient (or have received this e-mail in error) ple=se notify the sender immediately and destroy this e-mail. Any unauthorized c=pying, disclosure or distribution of the material in this e-mail is strictl= forbidden.

=br class="Apple-interchange-newline" style="font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;">

On Feb 12, 2019, at 23:20, Karyna Shuliak

wrote:

=div dir="ltr" style="caret-color: rgb(0, 0, 0); font-family: Helvetica;=font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight= normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: none;" class="">

Alex,

Thank you.

## Karyna

On Feb 12, 2=19, at 4:57 PM, Alex Pet rote:

## Hi Karyna

## </=iv>

This is not true. Marc (my business partner you met) fle= to Italy yesterday and is currently with the owner, he has a written offer=@ 29m euros but with one complication. The owner is not well and does not w=nt to wait for this to be resolved so for a very quick deal I am told he wo=Id accept 25m euros.

## All the best

Alex Peto
=b class="">Partner

## All the best (cont.)

=www.ken=ingtonmorocco.com <http://www.kensingtonmorocco.com/>
&nbs=;

&n=sp; Find us o= =acebook

<https://www.facebook.com/kensingtonmorocco/> | <https://www.instagram.com/kensing=on.morocco/> Twitter <https://twitter.com/kens_properties>

Private Office Marrakech



=span id="cid:FB3C2ABB-D5E6-479A-9F8C-2F4FF4461F15"

class=""""><unknown=png>

Please consider the environment before printing this email.&n=sp; This e-mail may contain confidential and/or p=ivileged information. If you are not the intended recipient (or have receiv=d this e-mail in error) please notify the sender immediately and destroy th=s e-mail. Any unauthorized copying, disclosure or distribution of the mater=al in this e-mail is strictly forbidden.

On Feb 12, 2019, at 15:51, Ka=yna Shuliak
wrote:

Hi Alex,

l=heard that your buyer walked away, is that true?

</=iv>