Our Commitment to Excellence in Governance

This Holding Company Policy establishes the governance framework, operational standards, and strategic principles under which MZL Enterprises Inc (the “Company”) owns, manages, and oversees its subsidiary entities, investments, and affiliated businesses. The policy is designed to ensure legal compliance, risk management, financial transparency, and long-term value creation. This policy applies to: - MZL Enterprises Inc as the parent holding company - All wholly owned and partially owned subsidiaries - Joint ventures and controlled affiliates - Officers, directors, managers, and authorized representatives Holding Company Structure MZL Enterprises Inc operates as a non-operating holding company, unless otherwise approved by the Board of Directors. The Company’s primary functions include: - Ownership of equity interests - Strategic planning and capital allocation - Corporate governance oversight - Risk management and compliance supervision Subsidiaries may operate independently in their respective industries while adhering to this policy. Governance and Oversight. Board of Directors: The Board provides strategic direction and oversight. The Board approves acquisitions, divestitures, major investments, and capital structure changes. The Board ensures alignment with the Company’s mission and risk appetite. Management Authority • Executive management of MZL Enterprises Inc oversees subsidiary performance. Day-to-day operations are delegated to subsidiary management unless otherwise specified. Subsidiary Autonomy Subsidiaries maintain separate legal identities. Subsidiaries must comply with local laws and industry regulations. Material decisions may require parent approval as outlined in Legal and Regulatory Compliance. Each entity must comply with all applicable federal, state, and local laws. Corporate formalities (separate bank accounts, records, and contracts) must be maintained. The Company will not commingle funds between enti. Financial Management, Capital Allocation, Capital contributions, and intercompany loans require written approval. All intercompany transactions must be documented at arm’s length. Accounting and Reporting Subsidiaries must provide periodic financial statements to the parent. Consolidated financial reporting will be prepared as required. Tax planning will be coordinated at the holding company level. Each entity remains responsible for its own tax filings unless a consolidated filing is approved. Approval Matrix (Reserved Matters) The following actions require prior written approval from MZL Enterprises Inc: - Acquisition or sale of material assets - Formation or dissolution of subsidiaries - Incurring debt above approved thresholds Issuance of equity or ownership interests - Entry into significant contracts. Risk Management the Company maintains an enterprise risk management approach. Subsidiaries must promptly report material risks or litigation. Adequate insurance coverage must be maintained by each entity. Ethics and Conduct , All entities must adhere to the Company’s Code of Ethics. Conflicts of interest must be disclosed. Fraud, bribery, and unethical conduct are strictly prohibited. Confidentiality and Data Protection, Confidential information must be protected. Data privacy laws must be followed across all jurisdictions. Amendments and Review This policy will be reviewed annually and may be amended by the Board of Directors of MZL Enterprises Inc. Adoption Approved and adopted by the Board of Directors of MZL Enterprises Inc.

 Authorized Signatory: 

Amilcar Lima

Title: CEO

 Date: 01/01/24