THIS SHAREHOLDERS AGREEMENT is entered into on 25 November 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (P1)

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (P2)

(3)            PARTY_3_NAME whose principal place of business is at PARTY_3_ADDRESS_SINGLE_LINE (P3)

(4)            PARTY_4_NAME whose principal place of business is at PARTY_4_ADDRESS_SINGLE_LINE (P4)

Whereas

(A) The parties have agreed to jointly invest in a company (the Company) in TERRITORY which it is intended will carry on business in the manner set out in this Agreement.

(B) The parties are entering into this Agreement to set out the terms governing their relationship as shareholders in the Company.

It is agreed as follows:

1. Interpretation

Definitions

1.1 In this Agreement:

Accounting Principles means the accounting principles and policies to be adopted by the Company in the agreed form;

P1 Directors means the Company's directors appointed by the P1 Group from time to time;

P2 Directors means the Company's directors appointed by the P2 Group from time to time;