Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF BANGLADESH NAXIS CO. LTD. ON 16 SEPTEMBER, 2019 AT THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WAS PRESENT. “RESOLVED THAT; The Company will register with Bangladesh Investment Development Authority (BIDA) as Industrial Enterprise and the company will make necessary arrangements for making application to the Bangladesh Investment Development Authority (BIDA) for obtaining industrial registration from BIDA.” “RESOLVED THAT; a Current Account of the company be opened in the name and style of ‘BANGLADESH NAXIS CO. LTD.’ in Bangladesh with Prime Bank Limited, Banani Branch, House # 62, Block # E, Kemal Ataturk Avenue, Banani, Dhaka-1213 and the said Bank be and is hereby authorized.” “RESOLVED FURTHER THAT; Mr. Nakamura Taiho (The Chairman), Mr. Matsuda Takayuki (The Managing Director) and Mr. Chan Chi Wa (Director) are authorized to do all things including the registration and opening of account in Bangladesh for that purpose. Their signatures are attested at the time of opening non-operative (proposed) Bank Account in same Bank which will be continued for the Active Current Account as same and same style.” “RESOLVED FURTHER THAT; a copy of this resolution certified to be true copy by the any Director/Company Secretary be submitted to the authorities concerned for their records and necessary action.” On behalf of the Board of Directors ___________________ Nakamura Taiho Chairman of the Company