ARTNATURE BANGLADESH LTD. Quarterly letter

Date: 2nd May 2024 Director Statistic Department Bangladesh Bank Head Office, Dhaka. Through: Prime Bank Limited (Gulshan Branch). Subject: Reason of non-submission of quarterly FDI report for January to March 2024. Dear Sir, I am Takanori Hagiwara, Managing Director of ARTNATURE BANGLADESH LTD. would like to inform you that, we have invested Bangladesh Special Economic Zone to establish a manufacturing plan. As per regulation, we have opened two temporary Bank (FC USD 2118519032759 and BDT 2118111032756) Accounts in Prime Bank, Gulshan Branch for taking capital in Bangladesh. We have registered as a Private Limited company under the Registrar of Joint Stock Companies And Firms (RJSC) – reg. no. C-193306/2024, date: 28th January 2024. We will take registration under Bangladesh Economic Zones Authority (BEZA). But this is under process. We have also reported to BB after taking Capital in Bangladesh. We will open two operative Bank accounts (FC USD and BDT) and close the temporary account after getting Trade License from BEZA. We are unable to open operative Bank Accounts since we don’t have Trade License. Besides we did not start our operation yet and we do not have any employees also. We will be fully operative after opening the operative Bank Accounts. In this circumstance, we are and unable to prepare as well as willing submit Quarterly FDI report to Bangladesh Bank from the operative Bank Account after closing the temporary Bank accounts from the next quarter. Yours truly, √ __________________ Takanori Hagiwara Managing Director ARTNATURE BANGLADESH LTD.