Apology Letter

Date: 8th January 2026 The Director Foreign Exchange Investment Department, Bangladesh Bank, Head Office Motijheel Commercial Area, Dhaka-1000. Through: Prime Bank PLC, (Gulshan Branch) Plot # 01, Block- CEN(H), Road # 109, Gulshan Avenue, Gulshan, Dhaka-1212. Subject: Apology and Request for Cancellation of the Application for Waiver of Condition No. 08. Dear Sir, With due respect, we would like to refer to our previously submitted application seeking waiver of Condition No. 8 of the BIDA Branch Office Permission Letter. Upon further internal review, we sincerely regret to inform you that we would like to cancel the existing application for the following reasons: The inward remittance of Japanese Yen (JPY) 17,100,000 received from our Head Office on 12 March 2023 was inadvertently omitted from the Balance Sheet and Cash flow statement submitted with the application. We sincerely apologize for this unintentional oversight and assure you that we will exercise greater diligence in future submissions to avoid any such discrepancies. The BIDA permission under which the said waiver application was originally submitted has already expired, and therefore the application is no longer applicable. At present, the Branch Office does not require waiver of Condition No. 8 of the BIDA Branch Office Permission Letter. In view of the above, we respectfully request you to kindly consider our apology and allow the cancellation of the existing application. We highly value the guidance and support of Bangladesh Bank and remain fully committed to complying with all applicable foreign exchange rules and regulations. We humbly seek your kind understanding and cooperation in this matter. Sincerely yours, 🗸 _____________________ MITSUO KAWASAKI Country Manager SANYO ENGINEERING & CONSTRUCTION INC. (Bangladesh Branch Office)