Eldon Capital Management Ltd
96 Kensington High Street
London W8 4SG
www.eldoncapital.com
August 5, 2026
Port of Richmond
Re: Financial Health Attestation — STAX Engineering — RFP Basin4 Dear Committee:
I have been engaged by STAX Engineering (the “Company”) as an independent Chief Financial Officer to review and evaluate the Company’s financial position. I provide this attestation in connection with the Request for Proposal dated August 5, 2026, regarding Basin 4.
Scope of Review
In the course of my engagement, I reviewed the Company’s financial records, including:
• Recent balance sheets and income statements;
• Cash flow statements and forward-looking projections; and • Current debt obligations and working capital metrics.
Financial Findings
Based on my independent review of these records, I confirm the following:
• The Company maintains positive operating cash flow and adequate working capital to support its ongoing operations.
• Current assets comfortably exceed current liabilities, reflecting a strong liquidity position. • Outstanding debt is manageable and consistent with industry norms for a firm of the Company’s size and sector.
• The Company has the financial capacity to fulfill the obligations contemplated by this RFP without undue financial strain.
Conclusion
In my professional opinion, STAX Engineering is in a sound and stable financial position and possesses the fiscal resources necessary to successfully execute the scope of work outlined in this RFP.
Please contact me directly should you require any further detail or clarification.
Sincerely,
Jan Petzel,
Independent Chief Financial Officer
Docusign Envelope ID: 9D8F1D24-0A8F-88FC-8275-157267B48EBE