LOI Negotiation — Caravaggio Medusa Murtola

Dear Mr. Paleani, I am writing on behalf of Cosmos Trade (HOS) to express our serious interest in acquiring the artwork attributed to Michelangelo Merisi da Caravaggio, known as the 'Medusa Murtola'. Before we proceed with a formal Letter of Intent, we would appreciate receiving: 1. Complete provenance documentation available to date 2. Any existing authentication or attribution reports 3. Exhibition history and published references 4. Current insurance valuation Our team has extensive experience in high-value art acquisitions and we approach this with the utmost discretion and professionalism. Best regards, Juliana Santos Head of Art & Luxury Acquisitions Cosmos Trade | HOS [email protected]

Dear Mr. Paleani, Thank you for the provenance documentation and restoration reports. The partial provenance is encouraging, and the 2019 material analysis provides a good foundation. To proceed, we propose the following authentication process: 1. Independent examination by two internationally recognized Caravaggio scholars 2. Scientific analysis: X-ray fluorescence, infrared reflectography, and paint sample analysis 3. Provenance gap research by a certified art history researcher 4. Timeline: 12 weeks for full authentication All costs for the authentication process would be borne by Cosmos Trade as part of our LOI commitment. We would request that the artwork remain accessible for examination during this period. Would you be agreeable to this approach? Best regards, Juliana Santos Head of Art & Luxury Acquisitions Cosmos Trade | HOS [email protected]