Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF SANYO ENGINEERING & CONSTRUCTION INC. ON 1ST APRIL 2023 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. “RESOLVED THAT; Mr. NIK MOHD HAFIZ BIN NIK MUSTAFA, a Malaysian National bearing Passport No # A52091750 was proposed to be re-appointed as “Project Manager” of Sanyo Engineering & Construction Inc. (Branch office in Bangladesh). The Board has decided that his Gross salary shall remain same as USD 2,200 (In words: Two Thousand Two Hundred USD), the breakup is Basic Salary USD 1,500 (One Thousand Five Hundred USD Only), House Rent USD 500 (Five Hundred USD), Medical allowance USD 120 (One Hundred Twenty) and Conveyance USD 80 (Eighty USD). Overtime is included in Basic Salary. “FURTHER RESOLVED THAT; Mr. NIK MOHD HAFIZ BIN NIK MUSTAFA will be re-appointed unanimously for a period of next 02 (Two) years with effect from the date of 9th May, 2023 and the company will make necessary arrangements for making application to the Bangladesh Investment Development Authority (BIDA) for extension the Work Permit in favor of Mr. NIK MOHD HAFIZ BIN NIK MUSTAFA..” “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.” By the order of the Board, __________________ Name: Nishi Masayuki Designation: Director International Division SANYO ENGINEERING & CONSTRUCTION INC.