EXTRACT OF THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF HABIGANJ

AGRO LIMITED HELD ON MAY 12, 2020.

Time: 01.30 P.M.
Place: Registered Office, PRAN-RFL Centre, 105, Middle Badda, Dhaka-1212

The following Directors were present in the meeting:

Company Secretary and Chief Financial Officer of the company were also in attendance.

Name Position Signature

Md. Eleash Mridha Chairman Sd/-
Chowdhury Kamruzzaman Managing Director Sd/-
Uzma Chowdhury Director Sd/-
Ahsan Khan Chowdhury Director Sd/-
Choudhury Atiur Rasul Director Sd/-

Agenda-3: To Proposal for refinance for Tk. 100 Million under Stimulus Package as per BRPD circular
no. 08 dated 12-04-2020 of Bangladesh Bank from United Commercial Bank Limited, Foreign
Exchange Corporate Branch, 20, Motijheel C/A, Dhaka – 1000.

It was informed to the Board that Proposal for refinance for Tk. 100 Million under Stimulus Package
as per BRPD circular no. 08 dated 12-04-2020 of Bangladesh Bank from United Commercial Bank
Limited, Foreign Exchange Corporate Branch, 20, Motijheel C/A, Dhaka – 1000 to Proposed new
loan for smooth operation of the business and after discussion the Board adopted the following
resolution:

“RESOLVED that the company be and hereby authorized to Proposal for refinance for TK 100
Million under Stimulus Package as per BRPD circular no. 08 dated 12-04-2020 of Bangladesh
Bank from United Commercial Bank Limited, Foreign Exchange Corporate Branch, 20, Motijheel
C/A, Dhaka – 1000.for continuation of smooth business operation.”
“FURTHER RESOLVED that Md. Eleash Mridha, Chairman or Chowdhury Kamruzzaman,
Managing Director or Mr. Ahsan Khan Chowdhury, Director or Mrs. Uzma Chowdhury, Director or
Choudhury Atiur Rasul, Director of the Company be and is hereby authorized to sign singly and
deliver the relevant Facility Offer Letter(s), Loan Agreement(s) and all necessary security and other
documents as may be required for the renewal of the said credit facilities by the said Bank and to do
all acts, deeds and things as may be necessary in connection thereto.”

Sd/-
Md. Eleash Mridha
Chairman
(Certified as True Copy)

…………………………………………….
Muhammad Aminur Rahman
Company Secretary
EXTRACT OF THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF PRAN DAIRY
LIMITED HELD ON MAY 17, 2020
Time: 11.31 A.M.
Place: Registered Office, PRAN-RFL Centre, 105, Middle Badda, Dhaka-1212

The following Directors were present in the meeting:

Company Secretary and Chief Financial Officer of the company were also in attendance.
Name Position Signature
Md. Eleash Mridha (representing Property Chairman Sd/-
Development Ltd)
Choudhury Atiur Rasul (representing Banga Managing Director Sd/-
Building Materials Ltd)
Ahsan Khan Chowdhury Director Sd/-

Agenda-4: To Proposal for refinance for Tk. 20 Million under Stimulus Package as per BRPD circular
no. 08 dated 12-04-2020 of Bangladesh Bank from United Commercial Bank Limited, Foreign
Exchange Corporate Branch, 20, Motijheel C/A, Dhaka – 1000.

It was informed to the Board that the Proposal for refinance for Tk. 20 Million under Stimulus
Package as per BRPD circular no. 08 dated 12-04-2020 of Bangladesh Bank from United
Commercial Bank Limited, Foreign Exchange Corporate Branch, 20, Motijheel C/A, Dhaka – 1000
to be Proposed new Loan for smooth operation of the business and after discussion the Board
adopted the following resolution:

“RESOLVED that the company be and hereby authorized to Proposal for refinance for Tk. 20
Million under Stimulus Package as per BRPD circular no. 08 dated 12-04-2020 of Bangladesh Bank
from United Commercial Bank Limited, Foreign Exchange Corporate Branch, 20, Motijheel C/A,
Dhaka – 1000 for continuation of smooth business operation.”
“FURTHER RESOLVED that Md. Eleash Mridha, Chairman or Choudhury Atiur Rasul,
Managing Director or Mr. Ahsan Khan Chowdhury, Director of the Company or Uzma Choudhury,
Finance Director PRAN-RFL Group be and is hereby authorized to sign singly and deliver the
relevant Facility Offer Letter(s), Loan Agreement(s) and all necessary security and other documents
as may be required for the renewal of the said credit facilities by the said Bank and to do all acts,
deeds and things as may be necessary in connection thereto.”

Sd/-
Md. Eleash Mridha
Chairman
(Certified as True Copy)

…………………………………………….
Muhammad Aminur Rahman
Company Secretary