To the Board of Directors of DFCC Bank PLC

Report on certain information included in the Green Bond 2024 Report of DFCC Bank PLC

Conclusion

We have performed a limited assurance engagement on whether the allocation of Green Bond proceeds and their related impact (“Subject Matter Information” or “SMI”) as described below and marked with the “LA” within the Green Bond 2024 Report of DFCC Bank PLC (“Issuer”) as of 31 December 2025 has been prepared in accordance with the DFCC Green Bond Framework 2024 (“Criteria”).

Based on the procedures performed and evidence obtained, nothing has come to our attention to cause us to believe that the SMI pertaining to allocation of Green Bond proceeds and their related impact as of 31 December 2025, as described below and marked with the “LA” within the Green Bond 2024 Report of DFCC Bank PLC, is not prepared, in all material respects, in accordance with the DFCC Green Bond Framework 2024 (“Criteria”)

Our conclusion on the SMI does not extend to any other information that accompanies or contains the SMI and our report.

Subject matter information	Location of SMI in the Green Bond Report 2025	Reporting criteria
Allocation of Green Bond proceeds as of 31 December 2025	Section 3	DFCC Green Bond Framework 2024
Impact of Proceeds as on 31 December 2025	Section 4	DFCC Green Bond Framework 2024

Basis for conclusion

We conducted our engagement in accordance with Sri Lanka Standard on Assurance Engagements (SLSAE) 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information, issued by The Institute of Chartered Accountants of Sri Lanka (ICASL). Our responsibilities under this standard are further described in the “Our responsibilities” section of our report.

We have complied with the independence and other ethical requirements of the Code of Ethics for Professional Accountants issued by CA Sri Lanka (Code of Ethics).

Our firm applies Sri Lanka Standard on Quality Management (SLSQM) 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements. This standard requires the firm to design, implement, and operate a system of quality management, including policies or procedures regarding compliance with ethical requirements, professional standards, and applicable legal and regulatory requirements.

We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion.

Intended use or purpose

We have been engaged by the Management of DFCC Bank PLC to provide limited assurance to the Board of Directors on whether the information in the Green Bond 2024 Report, has been prepared in alignment with the Criteria and may not be suitable for another purpose. We disclaim any assumption of responsibility for any reliance on this report, to any person other than the Issuer, or for any other purpose than that for which it was prepared.

Our report should not be regarded as suitable to be used or relied on by any party wishing to acquire rights against us other than DFCC Bank PLC, for any purpose or in any other context. Any party other than DFCC Bank PLC who obtains access to our report or a copy thereof and chooses to rely on our report (or any part thereof) will do so at its own risk. To the fullest extent permitted by law, we accept or assume no responsibility and deny any liability to any party other than DFCC Bank PLC for our work, for this independent assurance report, or for the conclusions we have reached.

Our conclusion is not modified in respect of this matter.

Responsibilities for Subject Matter Information

The management of DFCC Bank PLC is responsible for:

• designing, implementing, and maintaining internal control relevant to the preparation of the Green Bond 2024 Report such that it is free from material misstatement, whether due to fraud or error;
• selecting or developing suitable criteria for preparing the Green Bond 2024 Report and appropriately referring to or describing the criteria used;
• Preparing the SMI in accordance with the “Criteria”;
• preventing and detecting fraud; and
• making judgments and estimates that are reasonable in the circumstances.

The Criteria is available at DFCC-green-bond. The management of the Issuer is responsible for the maintenance and integrity of the Issuer’s website. Our report should be read solely in the context of the Criteria that was published as of the date of our report.

Inherent limitations in preparing the Subject Matter Information

The preparation of SMI is subject to inherent limitations arising from the nature of non-financial data, including the use of estimates, assumptions, and third-party information. In addition, due to the inherent limitations of any internal control system, errors or irregularities may occur and not be detected.

Our engagement was not designed to detect internal control weaknesses because the procedures were performed on a test basis and not continuously throughout the period.

Our responsibilities

We are responsible for:

• planning and performing the engagement to obtain limited assurance about whether SMI is free from material misstatement, whether due to fraud or error;
• forming an independent conclusion, based on the procedures we have performed and the evidence we have obtained; and
• reporting our conclusion to the Board of Directors of DFCC Bank PLC

Summary of the work we performed as the basis for our conclusion

We exercised professional judgment and maintained professional skepticism throughout the engagement. We designed and performed our procedures to obtain evidence about the SMI that is sufficient and appropriate to provide a basis for our conclusion. Our procedures selected depended on our understanding of the SMI and other engagement circumstances, and our consideration of areas where material misstatements are likely to arise. In carrying out our engagement, the procedures we performed primarily consisted of:

• Reading the Issuer’s Green Bond Framework to understand the processes, systems, and controls in place for management of bond proceeds; defined investment areas for green bond proceeds and intended types of temporary investment instruments for the management of unallocated proceeds;
• Reading the Bond prospectus to understand the objective of the green bond issue, investment areas, earmarking of proceeds, reporting on use of proceeds, and intended types of temporary investment instruments for the management of unallocated proceeds;

• Conducting interviews with management and relevant personnel responsible for the green bond to understand how the processes, systems, and controls defined in the Green Bond Framework have been implemented post-issuance of the bond;
• Inspecting the list of projects to which the green bond proceeds have been allocated and the conformance of their nature with the criteria defined in the Green Bond Framework;
• Inspecting the loan proposal documents and loan agreements between the Issuer and the borrower in relation to the eligible projects which includes a description of the projects;
• Confirming the amount of bond proceeds allocated to nominated projects through examination of Issuer’s internal system for tracking use of proceeds and checking of fund requisition forms issued for payments to these borrowers;
• Confirming the investment of unallocated bond proceeds to government securities through examination of Issuer’s internal systems;
• Recalculating estimated annualised greenhouse gas (GHG) emission reductions from projects using information collected by the Issuer; and
• Reconciling the total Green Bond proceeds to the amounts allocated by the Issuer to Eligible Green Projects.

The procedures performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed.

Chartered Accountants

Colombo
26 February 2026