EXTRACT OF BOARD RESOLUTION-NAXIS CO., LTD.

EXTRACT OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF NAXIS CO., LTD., ON 24TH JANUARY 2026 AT ITS REGISTERED OFFICE AT 2-27-16-101 EBISU, SHIBUYA-KU, TOKYO, JAPAN. The Chairman informed the Board that, in line with the Company's business expansion strategy, it is proposed to establish a new company in Bangladesh. After detailed discussion and due consideration, the Board unanimously adopted the following resolutions: RESOLVED THAT; the Company hereby approves and authorizes the incorporation of a subsidiary company in Bangladesh under the name and style of “NAXIS BANGLADESH CO. LTD.” and agrees to subscribe to 27,22,500 (Twenty-Seven Lac Twenty-Two Thousand Five Hundred) ordinary shares of BDT 100.00 each, representing 90% of the issued share capital of the proposed company. RESOLVED FURTHER THAT; the Company hereby authorizes the incorporation of NAXIS BANGLADESH CO. LTD. with its proposed industrial location at Lot No. A10, Bangladesh Special Economic Zone (BSEZ), Sonpara, Panchrukhi Via Rupganj Araihazar, Narayanganj-1460, Bangladesh. Certified to be a true extract of the resolution duly passed by the Board of Directors. For and on behalf of, NAXIS CO., LTD. 🗸 _______________ Nakamura Taiho Director of NAXIS CO., LTD. NO OBJECTION CERTIFICATE Date: 24th January 2026 To Whom It May Concern This is to certify that NAXIS CO., LTD., having its registered office at 2-27-16-101 Ebisu, Shibuya-ku, Tokyo, Japan, has no objection to the incorporation and operation of “NAXIS BANGLADESH CO. LTD.” in Bangladesh. We hereby confirm our intention to participate as a shareholder of the proposed company by subscribing to 27,22,500 ordinary shares of BDT 100.00 each, representing 90% of the issued share capital. We further confirm that we fully support the establishment and operation of the proposed company at Lot No. A10, Bangladesh Special Economic Zone (BSEZ), Sonpara, Panchrukhi Via Rupganj Araihazar, Narayanganj-1460, Bangladesh. This certificate is issued upon request for submission to the relevant authorities in Bangladesh. For and on behalf of, NAXIS CO., LTD. 🗸 _______________ _______________ Nakamura Taiho Director of NAXIS CO., LTD.