Board resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF MORIRIN CO., LTD. ON 31ST MARCH, 2020 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. The Board discussed and considered the resignation of Mr. FUMIHIKO UCHIDA, Japanese National bearing Passport no. TR7096747 from the post of “Country Manager” with effect from 30 June, 2020. In replace of Mr. FUMIHIKO UCHIDA, it was proposed the name of Mr. TOSHINORI TERAURA bearing Passport No. TS2546614. The board discussed the matter thoroughly and appreciated co-operation and valuable services rendered to the Company. Finally it was resolved unanimously: “RESOLVED THAT, the board be and is hereby authorized to issue release letter to Mr. FUMIHIKO UCHIDA and take necessary steps to cancel of his Work Permit issued by BIDA.” “RESOLVED THAT; Mr. TOSHINORI TERAURA, a Japanese National bearing Passport No. TS2546614, was proposed to be appointed as “Country Manager” of Moririn Co., Ltd., Bangladesh Liaison Office in replace of Mr. FUMIHIKO UCHIDA. His Gross salary will be BDT 190,000, the break up is Basic Salary BDT 170,000, House Rent Allowance BDT 15,000, Medical Allowance BDT 3,000, Conveyance Allowance BDT 2000 respectively and was also appointed unanimously for a period of 05 (five) years with effect from 1 July, 2020 and the Bangladesh Liaison office will make necessary arrangements for making application to the Bangladesh Investment Development Authority (BIDA) for obtaining recommendation letter for employment “E” type visa in favor of Mr. TOSHINORI TERAURA and work permit as well.” “RESOLVED FURTHER THAT; the new Country Manager Mr. TOSHINORI TERAURA will be the signatory of Bank Accounts maintain by the Liaison Office in Bangladesh and also the board hereby authorized him for sign and authenticate all necessary documents for operational purpose of this Liaison Office.” “FURTHER RESOLVED THAT; a copy of this resolution certified to be true copy by the Director/Company Secretary be submitted to the authorities concerned for their records and necessary action.” _______________________ Shoji Matsuura Director Moririn Co., Ltd.