Mr. Yan, at your convenience, could you give me a call to discuss the below? My contact information is below as well. Thanks. From: David Outwater Sent: Wednesday, May 20, 2026 9:03 AM To: 'Kelvin Yan' <[email protected]> Subject: RE: MSI / Load Karma — Settlement Proposal — INADMISSIBLE SETTLEMENT COMMUNICATION (Cal. Evid. Code §§ 1152/1154; FRE 408; Subject to NDA) INADMISSIBLE SETTLEMENT COMMUNICATION Mr. Yan: I am ethically obligated to forward written settlement proposals to my client, which I have done. After I connect with my client representatives, and if directed to do so, I will further respond to your proposal. Regardless, and as a preliminary reaction, Load Karma is clearly not on the same page with regard to what has happened here. Load Karma and its involved representatives have substantial liability for their unlawful and fraudulent conduct, as we previously detailed and alleged on numerous occasions. (See attached correspondence, as examples.) In addition to the direct liability that we perceive may result from Load Karma’s alleged misconduct, its misconduct caused a massive overcharge to MSI with regard to Load Karma’s bills (including, of course, as to the very same disputed “A/R” to which your letter refers). Notably, Load Karma continued its concealment by failing to comply with terms of the NDA (attached) that we had reached, and whereby (among other things) Load Karma had promised to report its findings regarding to MSI – while MSI complied, Load Karma did not. -David Outwater, Esq. Counsel for M S International [Description: Description: Outwater_PinckesLogosig] David E. Outwater, Partner 900 Roosevelt | Irvine, CA | 92620 ': 949-748-7480 | 6: 949-748-7481 www.oplawyers.com<http://www.oplawyers.com/> | [email protected]<http://www.oplawyers.com/> This communication is for its intended recipient only and may contain information that is privileged, confidential and exempt from disclosure under applicable law. Any unauthorized use, dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify the sender immediately by telephone as noted above, or by e-mail reply, then delete it from your system and destroy any hard copy you may have printed. From: Kelvin Yan <[email protected]<mailto:[email protected]>> Sent: Tuesday, May 19, 2026 3:54 PM To: David Outwater <[email protected]<mailto:[email protected]>> Subject: MSI / Load Karma — Settlement Proposal — INADMISSIBLE SETTLEMENT COMMUNICATION (Cal. Evid. Code §§ 1152/1154; FRE 408; Subject to NDA) Importance: High CAUTION: This email originated from outside the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. David, Further to our call earlier this week, please find attached Load Karma's formal settlement proposal, together with a current A/R Aging Detail Report itemizing MSI's outstanding receivable balance. The attached letter is the company's complete and final settlement proposal in advance of Load Karma's contemplated bankruptcy filing. As I mentioned on our call, once that filing occurs, control of these matters — including collection of the unpaid AR and any consequential damages arising from MSI's prolonged non-payment — passes to the assigned trustee, and the related proceedings become matters of public record. I would appreciate MSI's response no later than close of business on Tuesday, May 26, 2026, so that we can either move toward signing a settlement agreement or proceed with the alternative path. I am available by phone or email if you would like to discuss. This communication and the attached letter are made for settlement purposes only under California Evidence Code §§ 1152 and 1154, Federal Rule of Evidence 408, and the confidentiality provisions of the parties' Non-Disclosure Agreement dated September 2, 2025. Nothing herein constitutes a waiver of any claim, defense, right, or position, all of which are expressly reserved. Regards, Kelvin Yan President, Load Karma, Inc