*MEMO TO ALL CLIENTS: Adjustment to Commission Rates for PHED MD Meters* Dear Partner, We would like to inform you of an adjustment to the commission structure for Port Harcourt Electricity Distribution Company (PHED) Maximum Demand (MD) meters, which will take effect from February 10, 2025. This change is driven by PHED and reflects industry-wide updates. The revised commission rates are as follows: MD (Maximum Demand): 0.40% NMD (Non-Maximum Demand): Remains unchanged at 2.00% MD customers primarily consist of high-end commercial establishments, representing approximately 90-95% of this category. However, the impact on overall earnings is expected to be minimal, as 70-80% of customers fall under the NMD category, where commission rates remain unchanged. We value our partnership and remain committed to ensuring a seamless experience for you. Should you have any questions or require further clarification, please do not hesitate to reach out. Thank you for your continued trust and collaboration. We look forward to achieving greater success together. Best regards, *Xpinokings Limited*