1 Rea De Guzman From: Haytham Ramadan Sent: 25 January 2023 17:50 To: Kassem Atoui Cc: Rea De Guzman Subject: RE: CHUCK SHORT RIBS CLAIMS AGREEMENT. Attachments: USF NBK IBAN 2022.pdf; Bone in chuck short rib Claim Follow Up Flag: Follow up Flag Status: Flagged Categories: JBS Dear Mr. Fernando, Hope this email finds you well! In-order to expedite closing the claims, we have agreed option#2 ( Pay 66.67% - 2/3 )$1,000,535.53 of the amount presented by us $1,500,728.26. We’re experiencing significant shortage of our cash flow ( because of low sales of our main sellable item which is bone in chuck short ribs ) we request that this amount to be wire transferred to our bank account ( bank details attached above). Kindly acknowledge the receipt of this email and please advise when will the transfer be complected. Thanks Best Regards, Haytham Ramadan Finance Department 2 Mob : 00965 69003593 Tel : 00965 22278660 Email: haytham@usfservices.com www.usfservices.com From: Peixoto, Fernando <Fernando.Peixoto@jbssa.com> Sent: Tuesday, January 24, 2023 7:17 PM To: Rea De Guzman <rea@usfservices.com> Cc: Kassem Atoui <kassem@usfservices.com>; Haytham Ramadan <haytham@usfservices.com> Subject: RE: CHUCK SHORT RIBS CLAIMS AGREEMENT. Importance: High Hello Rea and Kassem I could not get 75% approved, only the proposal that I sent, 66.67% (2/3) Please let me know if we can agree on this. Thank you. Fernando Peixoto International Sales Fernando.Peixoto@jbssa.com O: 970.506.8203 C: 970.433.2426 www.jbssa.com 1770 Promontory Circle Greeley, CO 80634 ** Prices and shipping schedules are subject to final confirmation. Offers are valid for 24 hours** 3 From: Rea De Guzman < rea@usfservices.com > Sent: Sunday, January 22, 2023 7:10 AM To: Peixoto, Fernando < Fernando.Peixoto@jbssa.com > Cc: Kassem Atoui < kassem@usfservices.com >; Haytham Ramadan < haytham@usfservices.com > Subject: [Ext]- CHUCK SHORT RIBS CLAIMS AGREEMENT. Importance: High *Use caution before opening attachments or links!* Dear Mr. Fernando, As per the company’s board meeting- please note USFood is open to negotiating 75% acceptance for the total claims filed till date. Below is the breakdown of claim amount due to USFood. Claim #1 (orders considered invalid) (SO# 231468/ SO# 975772/ SO# 901064/ SO# 200979/ SO# 200988) $ 230,949.65 Claim #2 (assorted sales orders) $ 131,163.49 Claim #3 (assorted sales orders) $ 889,003.89 Total customs duty paid $ 74,164.03 Total recurring storage charges till 22/01/2023 $ 175,447.20 Total Amount Due $ 1,500,728.26 Note:- Keep in mind, the above claim amount does not encompass the frequent returns we are still receiving from customers nor the damaged items due to these returns. 4 Once the claim is settled, we have to file a request with Kuwait’s municipality to destroy the damaged items at the earliest. There is a minimum capacity per day for destroying and each transaction is charged a certain fee. Considering the number of spoilages in stock, we will have to apply for almost 40+ transactions. USFood takes full responsibility for this, will bear the cost incurred and has agreed that no charges will be applied to JBS USA. It is vital that JBS shares ALL FROZEN LATE ORDERS shipped to USFoods since November 2021, either by pack date/ expiry date/ container details. This will help speed up our process to destroy these items from our inventory. We look forward to your cooperative reply. Best Regards, Rea De Guzman Secretary Tel : 00965 22278660 Cell : 00965 66677396 P.O.Box: 3769 Hawalli 32068 Kuwait www.usfservices.com Disclaimer The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. This email has been checked for viruses. However, JBS USA Food Company and its constituent companies cannot accept responsibility for loss or damages arising from use of this email or attachments and we recommend that you subject these to your virus checking procedures prior to use.