STATEMENT OF WORK

Dated 2 March 2026

Under the Master Services Agreement dated 6 February 2026.

BETWEEN:

(1) NORTHGATE LOGISTICS LIMITED, a company incorporated in England and Wales
(company number 09123456) whose registered office is at Unit 7 Calder Park,
Manchester M17 1TR ("Northgate" or the "Customer"); and

(2) ARKWRIGHT SYSTEMS LIMITED, a company incorporated in England and Wales
(company number 08776655) whose registered office is at 3 Deansgate Square,
Manchester M15 4GB ("Arkwright" or the "Supplier").

IT IS AGREED:

1. SCOPE OF WORK

1.1 The Supplier shall deliver a warehouse slotting optimisation module,
integrated with the Customer's existing stock system.

1.2 The work is divided into three phases: discovery, build and handover.

2. DELIVERABLES

2.1 The deliverables are the slotting module, its integration adapters, the
automated test suite and a handover document.

3. TIMETABLE

3.1 Discovery completes within four weeks of the start date; build within twelve
weeks; handover within two weeks of acceptance.

4. CHARGES AND PAYMENT

4.1 The Charges are GBP 84,000 payable in three equal instalments on completion
of each phase.

4.2 The Customer shall pay each valid invoice within thirty (30) days of
receipt.

5. ACCEPTANCE

5.1 The Customer shall have fifteen working days to test each deliverable
against the acceptance criteria in paragraph 6.

6. ACCEPTANCE CRITERIA

6.1 Each deliverable must pass the automated test suite and a documented manual
walkthrough.

7. INTELLECTUAL PROPERTY

7.1 All intellectual property rights in the deliverables created under this
Statement of Work shall vest in and are assigned to the Customer on payment in
full.

7.2 The Supplier retains its pre-existing intellectual property and grants the
Customer a perpetual, irrevocable, worldwide, sublicensable licence to use it as
embedded in the deliverables.

8. GOVERNING LAW

8.1 This Statement of Work is governed by the laws of England and Wales.

SIGNED for and on behalf of the parties.
