To whom it may concern,
CHEWCHEW UK LTD, a company duly incorporated in England and Wales and operating from Manchester, United Kingdom, hereby issues this letter to confirm the existing and ongoing commercial relationship between our company and The Phitsamai Co., Ltd. (Tax ID: 0105568074011), Thailand.
We understand that The Phitsamai Co., Ltd. is in the process of raising working-capital investment to scale up its production and export operations of premium dried banana products. At the request of The Phitsamai management, we are pleased to provide the following confirmations as a reliable reference for the benefit of the prospective investors.
1. Confirmed Commercial Facts
- Active Purchase Order: CHEWCHEW UK LTD has issued Purchase Order PO-2026-0001 dated 8 April 2026 to The Phitsamai Co., Ltd. for 4,000 units of premium dried banana at GBP 1.97 per unit, for a total confirmed value of GBP 7,880.00 (CIF Manchester). This PO is active and not subject to cancellation under the agreed terms.
- Exclusive Supply Agreement: CHEWCHEW UK LTD and The Phitsamai Co., Ltd. have entered into an Exclusive Supply Agreement (Ref: TPM-LEG-ESA-001) effective 1 April 2026, under which The Phitsamai is the sole and exclusive supplier of all dried fruit products procured by CHEWCHEW for our UK and international operations.
- Committed Forward Volume: Based on our current distribution pipeline in the United Kingdom, we have planned a minimum of 12 additional purchase orders over the next 24 months, with an indicative aggregate value of approximately GBP 95,000 (subject to market conditions and ordinary-course adjustments).
- Product Quality: Samples and pre-production units received from The Phitsamai to date have met all of CHEWCHEW's quality acceptance criteria for export to the United Kingdom. No returns or quality-related rejections have been recorded.
- Payment Reliability Policy: CHEWCHEW UK LTD is committed to honouring all payment terms (Net 30 upon delivery) and operates from an established bank account in the United Kingdom in good standing.
2. Support for The Phitsamai's Scale-Up Plan
- CHEWCHEW UK LTD supports The Phitsamai's plan to invest in additional production capacity, export-grade packaging, and international food safety certifications (GMP / HACCP), as these upgrades will directly benefit CHEWCHEW's ability to receive consistent, higher-volume shipments.
- We view a well-capitalised The Phitsamai as a strategic advantage for our UK operations, and we are willing to coordinate production planning and order scheduling with investors' working-capital cycles where practicable.
- Upon request, CHEWCHEW UK LTD is prepared to provide additional documentation (bank reference letter, order confirmation emails, shipping instructions) directly to bona fide investors subject to standard NDA terms.
This letter is issued in good faith and is intended solely as a factual reference regarding the commercial relationship described above. It does not constitute a guarantee of future orders beyond the purchase order already issued, nor a financial instrument of any kind. Investors are expected to conduct their own due diligence based on The Phitsamai Co., Ltd.'s disclosures and this letter as one of several supporting references.
Should you require any clarification or wish to verify the contents of this letter, please contact the undersigned directly at the address above or via email at info@chewchew.co.
Yours faithfully,
