<Please note that if a private company has only one class of shares, the directors may exercise any

power of
the company to allot shares of that class without a shareholder resolution, except where prohibited from doing
so by the company's articles. If a company has a single class of shares and is not prohibited from allotting such
shares by its articles, then the s551 authority stated in the resolutions below is not required and the draft
minutes should be amended accordingly. If in any doubt, you should seek professional advice.>

Company Name Ltd

(the “Company”)

Minutes of a meeting of the board of directors held at [REGISTERED OFFICE ADDRESS]

on [DATE].

The following directors were present:

[DIRECTORS]

In Attendance:

[ATTENDEES]

1. There were produced to the meeting written form resolutions (the “Written
Resolutions”) (copy appended) to be circulated to the members for their
consideration and signature whereby it is resolved to pass first Written
Resolutions set out therein an ordinary resolutions and the second Written
Resolution set out therein as a special resolution for the following purposes:

(a) to grant the directors authority to allot shares pursuant to Section

551 of the Companies Act 2006; and

(b) to amend the articles of association of the Company by inserting

therein as a new article which, for the purpose of identification, has been
initialled by the chairman.

2. It was resolved that the directors recommend to the members of the Company
that they approve the Written Resolutions.

3. It was resolved that, upon the Written Resolutions being signed by the requisite
number of members, the Secretary be instructed to file the following with
Companies House:

(a) the Written Resolutions; and

(b) a copy of the amended articles of association of the Company.

There being no further business the meeting was closed.

....................... ..................
Chairman Date