Variable Prepaid Forward Sale Contracts Sample Contracts

Contract
Variable Prepaid Forward Sale Contracts • February 11th, 2025 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On February 7, 2025, February 10, 2025 and February 11, 2025, 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 • February 11th, 2025 • Quaker Chemical Corp • Miscellaneous products of petroleum & coal

Note 1. On February 7, 2025, February 10, 2025 and February 11, 2025, 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.