As outlined in our response dated 24 September 2025, KfW IPEX-Bank assesses its financings in accordance with its Sustainability Guideline, taking into account relevant international environmental and social standards and KfW’s Human Rights Declaration.

Such assessment is based on internationally recognized standards, including the IFC Performance Standards (IFC PS) and the Equator Principles (EP). For projects with potentially significant negative environmental and social impacts and/or risks, we require independent consultant review and ongoing monitoring, including Environmental and Social Impact Assessment (ESIA) and monitoring of the borrower’s environmental and social management against national and international standards, supported by regular environmental and social audits.

Findings are addressed through an Environmental and Social Action Plan (ESAP) and/or a Corrective Action Plan (CAP), as applicable, and their implementation by the client is mandatory and monitored …

We kindly ask for your understanding that KfW IPEX-Bank is not permitted to comment on the allegations or disclose any project-specific details. As already outlined in our previous answer, we are bound by applicable banking secrecy and confidentiality obligations, including customary non-disclosure agreements in commercial banking practice, as well as relevant data protection and strict secrecy obligations under banking law. Accordingly, information concerning individual loan commitments and related projects is treated strictly as confidential…