Application to BEZA for ICC and BP for Time Extension

Date: 19th August 2025 The Executive ChairmanBangladesh Economic Zones Authority (BEZA) Chief Advisor’s Office Biniyog Bhaban, Plot#E-6/B, W Agargaon, Dhaka 1207 Attention: The Director (OSS and Co-ordination) Subject: Application for Extension of Time for Investment Clearance and Building Permit. Dear Sir, We, NICCA Bangladesh Co., Ltd., have got the Investment Clearance dated 04 December 2023, which includes Condition No. 15 requiring us to commence factory construction within 03 (three) months from the date of issuance and to start commercial production within one year from the date of signing the land lease agreement. Additionally, our Building Permit was issued on 09 May 2024, with Condition No. 2 stating that the permit shall become invalid if construction does not commence within one year or is suspended after commencement. Due to unforeseen delays caused by certain policy-related issues from the National Board of Revenue (NBR)-particularly the unavailability of clear directives regarding warehouse-related operations, we were unable to initiate the construction works within the stipulated timeline. We are pleased to inform you that the NBR has recently issued the relevant SRO, providing the required policy clarity. As a result, we are now in a position to immediately commence the construction activities based on the existing permits and approved plans. In light of the above, we request BEZA to consider granting extension of time for: Investment Clearance and Building Permit to allow us to proceed with the construction and implementation activities without re-application of Investment Clearance and Building Permit. We reaffirm our strong commitment to fulfilling all investment obligations and complying with BEZA's rules and guidelines. We would be grateful for your kind consideration and approval of our time extension request. Sincerely, 🗸 _______________ Kotaro Takeuchi Managing Director NICCA BANGLADESH CO., LTD. Attached: Investment Clearance and Building Permit.