EE ™ BABAN BELLO MULTIPURPOSE LINKS BABAN BELLO Q No. 25 tatia Road Doma, Nasarawa state MULTIPURPOSE LINKS &, 08141262928, 07050634143 To: Bank of Industry Limited, 23 Marina, Lagos. Dear Sir, LETTER OF INDEMNITY This INDEMNITY is given this 23rd day of May 2025 by AHMED MOHAMMED BELLO doing business as BABAN BELLO MULTIPURPOSE LINKS a registered business name and having his/her registered office at NO. 25 Lafia Road Doma, Doma, Nasarawa State, Nigeria (hereinafter referred to as “the Customer” which expression shall where the context so admits include his/her heirs, personal representatives and assigns) to BANK OF INDUSTRY LIMITED (hereinafter referred to as “BOI” which expression shall unless contrary to the context or meaning thereof include its successors and assigns). WHEREAS, By an offer letter dated 23rd day of May 2025, BOI approved a Term Loan of N4, 656,332.00 (Four Million, Six Hundred and Fifty Six Thousand, Three Hundred and Thirty Two Naira Only) for the procurement of items of equipment for their building materials business (Hereinafter referred to as “the Facility”). The Customer is requesting that the Facility be disbursed to his/her supplier(s) for the purchase of the items BOI financing, without the submission of Performance Bonds/Guarantees or Insurance Bonds by the supplier(s). NOW IN CONSIDERATION of BOI disbursing the Facility to the supplier(s), without the submission of a Performance Bonds/Guarantees or Insurance Bonds by the supplier(s), I AHMED MOHAMMED BELLO doing business as BABAN BELLO MULTIPURPOSE LINKS hereby hold harmless BOI for any loss I may suffer and unconditionally and irrevocably indemnify and keep indemnified BOI against all losses, damages, liabilities, claims, suits, fines, charges, expenses, costs (including attorney fees and, expenses) whatsoever, which BOI may incur or suffer or which may be brought against BOI by any person as a result of the disbursement the Facility to the supplier(s), In furtherance of the above, BOI may at any time during the continuance of this and without recourse to me deduct from and set off a indemnity inst my aecount any amount ofiany, loss, damage, liability, claim, suit, fine, charge, expenses, costs (including attorneyifees and expenses) whatsoever, which BOI may incur or suffer or which may be brought against BO by any person as a result of the disbursement of the Facility to the supplier(s)EE ™ BABAN BELLO MULTIPURPOSE LINKS BABAN BELLO Q No. 25 tatia Road Doma, Nasarawa state MULTIPURPOSE LINKS &, 08141262928, 07050634143 This Indemnity shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria Dated this 23rd day of May 2025 SIGNED, SEALED and DELIVERED by the Within-named*CUSTOMER™, AHMED MOHAMMED BELLO. DOING BUSINESS AS BABAN BELLO MULTIPURPOSE In the presence of: nanan. =—Geol Nie Address: rh Arse Sa Nos elem Cisd.. ifs Occupation: . Col Somes e Signature: