Declaration for Purpose and Necessity of Long-Term Loan

Date: 1st November 2025 To whom it may concern Subject: Declaration on Reason for Taking Loan (Long-term borrowing from parent). We, Bengal Iris Takumi Ltd., hereby declare that our company intends to receive a long-term foreign loan from our parent company, IRIS Company Ltd., Japan, under the following terms and purposes. The total loan amount of USD 3,000,000.00 for 10 years at 3% annual interest will be utilized for productive and capital-intensive business purposes. Purpose and Justification of the Loan- Factory Establishment and Infrastructure Development:To finance the construction and setup of manufacturing facilities within the Bangladesh Special Economic Zone, including installation of production equipment, machinery, utilities, and related infrastructure. Procurement of Machinery and Technology Transfer:To facilitate the import of machinery and implement modern production systems ensuring We, therefore, request the kind approval of Bangladesh Bank for this long-term foreign loan arrangement. Sincerely, 🗸 _____________ Yukihei Osumi Director Bengal IRIS TAKUMI Ltd.