Variable Prepaid Forward Sale Contracts Sample Contracts

Contract
Variable Prepaid Forward Sale Contracts • December 17th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 13, 2024, December 16, 2024 and December 17, 2024, QH Hungary Holdings Limited (“QH Hungary” or the “Reporting Person”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

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Contract
Variable Prepaid Forward Sale Contracts • December 4th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 2, 2024, December 3, 2024 and December 4, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • December 20th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 18, 2024, December 19, 2024 and December 20, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • December 12th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 10, 2024, December 11, 2024 and December 12, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • November 27th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On November 25, 2024, November 26, 2024 and November 27, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • November 26th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On November 22, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), (i) amended and restated two existing and previously reported variable prepaid forward sale contracts (“VPFs”) (one with Citibank N.A. (“Citibank”) and one with the Royal Bank of Canada (“RBC”)) and (ii) entered into two new VPFs, one with Citibank and one with RBC, in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • December 9th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 5, 2024, December 6, 2024 and December 9, 2024, QH Hungary Holdings Limited (“QH Hungary”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary” or the “Reporting Person”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • December 12th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 10, 2024, December 11, 2024 and December 12, 2024, QH Hungary Holdings Limited (“QH Hungary” or the “Reporting Person”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • December 9th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On December 5, 2024, December 6, 2024 and December 9, 2024, QH Hungary Holdings Limited (“QH Hungary” or the “Reporting Person”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

Contract
Variable Prepaid Forward Sale Contracts • November 27th, 2024 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On November 25, 2024, November 26, 2024 and November 27, 2024, QH Hungary Holdings Limited (“QH Hungary” or the “Reporting Person”), a wholly owned subsidiary of Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (“Gulf Hungary”), settled a portion of five existing and previously reported variable prepaid forward sale contracts (“VPFs”) (two with Citibank N.A. (“Citibank”) and three with the Royal Bank of Canada (“RBC”)), in each case, described in more detail as follows.

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