Board resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF TOYOSHIMA & CO., LTD. ON 20 OCTOBER, 2022 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. The Board discussed that Mr. Yoshihiro Nagai will hold the same position as a “Country Manager” in Toyoshima & Co., Ltd. (Bangladesh liasion office) . The board discussed this matter thoroughly and appreciated his co-operation and valuable services rendered to the Company. RESOLVED THAT; Mr. Yoshihiro Nagai, Japanese National bearing passport no. TZ1373664 will reappointed as “Country Manager” of Toyoshima & Co., Ltd. in Bangladesh liaison office. The Board decided that his Gorss salary will be same as before which is BDT. 192,500 (One Lac Ninety Two Thousand Five Hundred only), the break up is Basic Salary　BDT. 170,000 (One Lac Seventy Thousand only), House Rent Allowance BDT. 15,000 (Fifteen Thousand only), Conveyance Allowance BDT. 2,500 (Two Thousand Five Hundred only), and Medical Allowance BDT. 5,000 (Five Thousand only). “FURTHER RESOLVED THAT; company will apply to BIDA to extend the work permit of Mr. Yoshihiro Nagai for Two years with proportionate pay which will be effected 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.