To our esteemed Clients and Business Associates,

At AFR Asia Pacific Ltd. ("AFR"), we place the highest importance on maintaining the integrity of our operations and ensuring compliance with all applicable laws and regulations in the fight against financial crimes, including money laundering, the financing of terrorism (CFT), and the proliferation of financing for weapons of mass destruction (PFT).

Commitment to Compliance: We are fully committed to adhering to the relevant Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and Proliferation Financing (PFT) laws and regulations within all jurisdictions where we operate. Our policies and procedures are designed to detect, deter, and report any activity that may be related to these illicit financial activities.

Due Diligence and Risk Management: We require strict adherence to know-your-customer (KYC) protocols for all clients. We aim to continuously review and assess the risk of potential involvement in money laundering or terrorist financing activities, and take appropriate measures to mitigate such risks.

Ongoing Monitoring and Reporting: In line with international best practices, we maintain robust monitoring systems to track transactions and flag suspicious activities. Should we identify any potential money laundering or terrorist financing activity, we are committed to reporting such concerns to the relevant authorities as required by law.

Expectations of Our Clients and Business Associates: We expect our clients and business associates to comply with all applicable laws and regulations related to AML, CFT, and PFT, and to cooperate with us in ensuring that our business dealings are conducted with integrity and transparency. We also encourage you to promptly report any concerns or suspicious activity to us, as we work together to maintain a secure and compliant business environment.

Continual Improvement: AFR remains vigilant in maintaining a comprehensive and effective framework to combat financial crimes. We continually review and improve our internal controls, staff training, and compliance practices to stay ahead of emerging risks.

We value your partnership and remain committed to fostering a business environment based on mutual trust, transparency, and compliance with all relevant financial crime prevention laws.

AFR Policy Statement on AML PFT CFT 925.

AFR Asia Pacific Limited.