Board resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF TOYOSHIMA & CO., LTD. ON 22 AUGUST, 2019 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. The Board discussed and considered extension of appointment of Mr. Yoshihiro Nagai as a Country Manager and the extension of work permit of this expartiet. The board discussed the matter thoroughly and appreciated co-operation and valuable services rendered to the Company. RESOLVED THAT; Mr. Yoshihiro Nagai, Japan National bearing passport no. TK2206914 was appointed as “Country Manager” of Toyoshima & Co., Ltd. in Bangladesh. The Board decided to revised his salary as Gross Salary BDT. 192,500 (BDT. One Lac Ninty Two Thousand Five Hundred only), the break up is Basic Salary　BDT. 170,000 (BDT. One Lac Seventy Thousand only), House Rent Allowance BDT. 15,000 (BDT. Fifteen Thousand only), Conveyance Allowance BDT. 2,500 (BDT. Two Thousand Five Hundred only), and Medical Allowance BDT. 5,000 (BDT. Five Thousand only). “FURTHER RESOLVED THAT; company can apply to BIDA for extend work permit of Mr. Yoshihiro Nagai for Two year with proportionate pay which effect from the end of the meeting.” “RESOLVED FURTHER 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.” _______________________ Teruhiko Yabu Director Toyoshima Co., Ltd.