GALAXY BEARINGS LIMITED : REMOVED FROM OFAC SDN LIST

• The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) has removed Galaxy Bearings Limited from the Specially Designated Nationals and Blocked Persons (SDN) List. • The removal was communicated vide letter dated June 30, 2026. • This concludes the proceedings related to the Company's designation on the SDN List. • The Company is now permitted under applicable U.S. laws to engage in transactions with U.S. persons and through the U.S. financial system. • The removal is expected to facilitate the normalization of the Company's international business operations.

Galaxy Bearings Ltd

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