LETTER FROM THE MANAGING DIRECTOR

Dear Investors and Partners,

As we look back on the growth of Mirza International Limited, we would like to take this opportunity to express our sincere gratitude to all our investors, stakeholders and customers for their unwavering support and trust in us. We wouldn't have reached where we are today without your support.

At Mirza International, we have played a crucial role in establishing India as a global destination for finished leather and leather footwear. As the country’s largest exporter of such products and a preferred supplier to the world’s leading retail chains, we believe it is time to stride forward. We are driving structural change to separate domestic and international businesses, to propel their growth with a dedicated focus. We are making efforts to effectively use ourlarge capacities, manufacturing excellence and innovation capabilities, to widen and deepen our footprint and to enable existing and new customers globally. Since the demerger of the company, we have been focused on contract manufacturing and building relationships with some of the biggest brands in the world. Our partnerships with Steve Madden, Lucky Brand, Camuto Group, DSW, Crown Vintage, Kenneth Cole, Next, Marks & Spencer and many others, have been instrumental in our growth and success.

We are excited to share that we have recently started a long-term relationship with Marc Fisher, a major footwear company in the US that owns multiple brands, including Guess, Tommy Hilfiger etc. We are also in talks with one of the major footwear brands in Europe and are about to start a business with them soon. Additionally, we are promoting our own brands Off The Hook, OakTrak and Thomas Crick, which offer high-quality, fashion footwear for the top end of the market.

We have an exceptional design and development studio in Milton Keynes, UK, where a dedicated team of designers and range builders travel all across the globe to develop fashionable and commercial products, which are displayed in our showroom there.

Our entire philosophy and focus are now on innovation, expansion into a new target audience, and delivering high-quality, premium footwear all over the world. We have a young and dynamic team, and we are optimistic about a high growth rate in the coming 3-4 years. As we move forward, we are optimistic and positive about the future of Mirza International Limited. We remain committed to delivering the highest quality products and services worldwide to our partners and customers.

Thank you for your continued support.