_Extract of BOD Meeting_Work Permit authority change_16.01.25

LION EXTRACT OF MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF LION KALLOL LIMITED THE MEETINGOF THE BOARD OF DIRECTORS OF LION KALLOL LIMITED HELD ON APRIL 08, 2024, AT ITS REGISTERED ADDRESS (I.E. 199 TEJGAON INDUSTRIAL AREA, DHAKA- 1208) The following members were present in the meeting: Mr. Go lchitani LION KALLOL LIMITED 199,Tejgaon Industrial Area, Dhaka-1208, Bangladesh Telephone: +880-2-58816004-9, www.lion-kallol.com (Nominated Director of Lion Corporation) Mr. Masaaki Mitsui (Nominated Director of Lion Corporation) Mr. Ghulam Mostafa CHAIRMAN: Name (Nominated Director of Kallol Limited) NOTICE: QUORUM: Designation Chairman Managing Director Mr. Masaaki Mitsui, Chairman presided over the meeting. The Chairman welcomed the Board of Directors and thanked them for attending the Board Meeting Director The notice of the meeting has been circulated earlier and considered to be observed by the board. The requisite quorum for the meeting was fulfilled and the Chairman called the meeting toorder. AGENDA: CONFIRMATION OF THE MINUTES OF THE PRECEDING BOARD MEETING The Chairman placed the minutes of the last Board Meeting. At the beginning of the meeting, copies of which were earlier circulated to all members of the Board, as there were no comments of observations, the minutes was considered as confirmed. LION LION KALLOL LIMITED ACENDA: TO CONSIDERANY OTHER MATTERS WITH THE PERMISSION OF THE CHAIR 199.Teigaon Industrial Area, Dhaka-1208, Bangladesh Telephone: +880-2-58816004-9, www.lion-kailol.com Discussions made on various topics of the Company. Mr. Masaaki Mitsui, Managing Director informed the BOD that the Company is a tenant of Bangladesh Economic Zone Authority (BEZA). Expatriates who take work permit from Bangladesh Economic Zone Authority (BEZA) will avail some special benefits according to the prevailing law of Bangladesh. Based onthis, the Company may apply to BEZA for issuing work permit in favor of Mr. Masaaki Mitsui and Mr. Kazuaki Tsuge and take necessary steps for doing any needful acts for changing present work permit approval from Bangladesh development Authority (BIDA) to Bangladesh Economic Zone Authority (BEZA). VOTEOF THANKS: "RESOLVED" that, the Board of Directors of the Company be and is hereby decided to change the Work Permit of Mr. MasaakiMitsui and Mr. Kazuaki Tsuge issued by from Bangladesh development Authority (BIDA) to Bangladesh Economic Zone Authority (BEZA). Masaaki Mitsui Managing Director The Chairman offered thanks to the Board of Directors. There being no further discussion, the meeting ended with a vote of thanks tothe Chair.