Explanation of Assets sales

Date: 2nd March 2026 Explanation of Asset Sales The sale of fixed assets by Miura Singapore Co., PTE. LTD. (Liaison Office) and the corresponding purchase by Miura Bangladesh Co., Ltd. (Limited Company), in accordance with the intercompany agreement and reflected in the respective financial statements of both entities. Sl. No: Particulars Recognition of Sales Invoice Particulars Recognition of Purchase Invoice Audit Report Reference 1 Computer & Computer Equipment’s 3,784,007 Computer & Computer Equipment 111,126 Notes-04 2 Furniture & Fixture Furniture & Fixture 1,255,204 3 Office Equipment Office Equipment 1,349,819 Inventory 1,067,858 Note-07 Total 3,784,007 Total 3,784,007   BDT 2,716,149 has been recognized as Property, Plant and Equipment under (Note 04, in Audit Report of Miura Limited Company); and BDT 1,067,858 has been recognized as Inventory under (Note No:07, in Audit Report of Miura Limited Company) representing the value of chemicals acquired from Miura Liaison Office. We respectfully clarify that fixed assets were transferred from Miura Liaison Office to Miura Limited Company for a total consideration of BDT 3,784,007, which was fully received through banking channel. Out of this amount, BDT 1,067,858 represents unused chemicals that were transferred along with the fixed assets. These chemicals had previously been expensed in the books of the Liaison Office (as liaison offices are not allowed to maintain inventory under BIDA guidelines). Therefore, from the Liaison Office’s perspective, the entire amount was treated as disposal proceeds of fixed assets. However, Miura Limited Company recorded BDT 2,716,149 as Property, Plant and Equipment and BDT 1,067,858 as Inventory in its audit report, based on the actual nature of assets received. Thus, there is no difference in total transaction value; the variation arises only due to different accounting treatment by the two entities. Sincerely, 🗸_______________________________Mohamad Rizwan Bin Shahabuddin Country Manager Miura Singapore Co., PTE Ltd. (Liaison Office)