Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF ASTY INC. ON 09 SEPTEMBER, 2020 2-15-1 SHOKO CENTER, NISHI-KU, HIROSHIMA CITY, HIROSHIMA, JAPAN AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. The Board discussed and considered extension of appointment of Mr. Hideyuki Taguma as a Country Manager and the extension of work permit of this expatriate. The board discussed the matter thoroughly and appreciated co-operation and valuable services rendered to the Company. RESOLVED THAT; Mr. Taguma Hideyuki, Japan National bearing passport no. MU6080672 was appointed as “Country Manager” of ASTY Inc. (Liaison Office) in Bangladesh. The Board decided his salary as Gross Salary BDT 197,500 (One Lac Ninety Seven Thousand Five Hundred Taka only), the break ups are Basic salary BDT 170,000 (One Lac Seventy Thousand Taka only), House rent BDT 20,000 (Twenty Thousand taka only), Conveyance BDT 2,500 (Two thousand Five hundred taka only), and Medical Allowance BDT 5,000 (Five thousand Taka only). “FURTHER RESOLVED THAT; the company can apply to BIDA for extending work permit of Mr. Hideyuki Taguma for Two years 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.” For ASTY Inc. __________________________ Yasushi Yaguchi Director of the company