Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF HONG KONG NICCA CHEMICAL LIMITED ON 15 SEPTEMBER, 2020. Flat 8 & 10, 16/F., PROFIT INDUSTRIAL BUILDING, 1-15 KWAI FUNG CRESCENT, KWAI CHUNG, N.T., HONGKONG AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. The Board discussed and considered extension of appointment of Mr. Kotaro Takeuchi as a Technician Expert (Chemicals) 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. Kotaro Takeuchi, Japan National bearing passport no. TK6728665 was appointed as “Technician Expert (Chemicals)” of Hong Kong Nicca Chemical Limited. (Liaison Office) in Bangladesh. The Board decided his salary as Gross Salary BDT 140,000.00 (One Lac Forty Thousand Taka only), the break up is, Basic salary BDT 107,500.00 (One Lac Seven Thousand Five Hundred Taka only), House rent BDT 25,000.00 (Twenty Five 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. Kotaro Takeuchi for One year 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 HONG KONG NICCA CHEMICAL LIMITED __________________________ Satoru Tanaka President Director