Charter 2013 Annual Report Download - page 73

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59
Apollo notified Charter that, according to CEVA, in December 2012, CEVA Freight Italy Srl provided customs brokerage and
freight forwarding services for the export to Iran of two measurement instruments to the Iranian Offshore Engineering Construction
Company, a joint venture between two entities that are identified on OFAC’s list of Specially Designated Nationals (“SDN”). The
revenues and net profits for these services were approximately $1,260.64 and $151.30, respectively. In February 2013, CEVA
Freight Holdings (Malaysia) SDN BHD (“CEVA Malaysia”) provided customs brokerage for export and local haulage services
for a shipment of polyethylene resin to Iran shipped on a vessel owned and/or operated by HDS Lines, also an SDN. The revenues
and net profits for these services were approximately $779.54 and $311.13, respectively. In September 2013, CEVA Malaysia
provided customs brokerage services for the import into Malaysia of fruit juice from Alifard Co. in Iran via HDS Lines. The
revenues and net profits for these services were approximately $227.41 and $89.29, respectively.
All of the information in the foregoing paragraph is based solely on information in the notice provided by Apollo. Charter has no
involvement in the business of CEVA and received no direct or indirect benefits from the transactions described above.