Board Resolution

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF SANYO ENGINEERING & CONSTRUCTION INC. AS ON 1st JANUARY 2023, AT 3-13, NIBANCHO, CHIYODA-KU, TOKYO, JAPAN THE REGISTERED OFFICE OF THE COMPANY AT WHICH PROPER QUORUM WERE PRESENT. The board discussed and considered the two years office permission extension in BIDA of Sanyo Engineering & Construction Inc., Bangladesh Branch Office. After a fruitful discussion of the above matter thoroughly, the board of directors resolved unanimously that, the company will apply for extending this office permission to Bangladesh Investment Development Authority (BIDA) and make the following decisions: “RESOLVED THAT; two years extension of BIDA permission of Sanyo Engineering & Construction Inc., Bangladesh Branch Office is hereby accepted with effect from 19 March 2023 to 20 March 2025. And the company will make necessary arrangements for making an application to the Bangladesh Investment Development Authority (BIDA) for obtaining BIDA permission Extension letter as well as to inform the relevant govt. authorities in Bangladesh e.g., Bangladesh Bank.” “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 and on behalf of, Sanyo Engineering & Construction Inc. 🗸 __________________________ Nobutaka YAHATA Director of the company