BOARD RESOLUTION

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF NIPPON SIGNAL COMPANY, LIMITED ON 22 JULY, 2019 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. “RESOLVED THAT; Mr. Hanish Chand, an Indian National bearing Passport No # J7498046 was proposed to be appointed as “Deputy Project Manager” of Signaling System of Nippon Signal Company Limited, Bangladesh Branch Office. His Gross salary will be BDT 1,12,220 (One Lac Twelve Thousand Two Hundred Twenty Taka), the break up is Basic Salary BDT. 84,720 (Eighty Four Thousand Seven Hundred Twenty Taka Only), House rent Allowance BDT 20,000 (Twenty Thousand Taka Only), Medical Allowance BDT 5,000 (Five Thousand Taka Only), Conveyance Allowance BDT 2,500 (Two Thousand Five Hundred Taka Only ) respectively and was also appointed unanimously for a period of 02 (Two) years with effect from 01 August, 2019 and the Bangladesh Branch office will make necessary arrangements for making application to the Bangladesh Investment Development Authority (BIDA) for obtaining recommendation letter for employment “E” type visa in favor of Mr. Hanish Chand and work permit as well.” “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 Order of the Board, _______________________ Takuya Wakutsu