September 2, 2026
From: Treasury, Evergreen Precision Works, Inc.
To: Credit team
Subject: August 2026 minimum-liquidity waiver

Our worksheet shows USD 8.2 million of liquidity against the USD 9.5 million minimum at August 31, a shortfall of USD 1.3 million. The worksheet includes USD 1.1 million of the acquisition escrow because we expected that portion to become available shortly after month-end. We request a one-time waiver of this reported USD 1.3 million shortfall for the August 31 test. We believe this amount is within the policy's USD 2.0 million threshold for deal-team consideration. We are not requesting any payment extension, distribution or other amendment. We believe our other covenants and payments are current.

FICTIONAL EXERCISE CORRESPONDENCE. No real borrower or transaction.