TO WHOM IT MAY CONCERN;

RESOLUTION OF THE BOARD MEETING TO OPEN BRANCH OFFICE AT HELD

ON AT
The undersigned, being all the Directors of (herein referred to as the Company), hereby sign the
following resolutions:

PRESENT:

RESOLVED THAT:
The Board of Directors of approved following resolutions;

1. Pursuant to the Memorandum and Articles of association of the Company including any
amendment thereto, the consent of the Board of Directors be and hereby accorded to
establish an investment and open a new branch office of the company ….

2. Further resolved that, the = and major shareholder of the Company, hereby authorized for
completing all formalities for setting up … is authorized to sign, execute all documents,
instruments and things as may be necessary in the connection.
3. To act upon this resolution until written notice of its revocation is delivered.

I HEREBY CERTIFY that the foregoing resolution was passed by the Directors at the meeting
referred above, that they have been entered into the Minute Book of the company and signed
therein by the Directors and are in accordance with the company’s Memorandum and Articles of
Association or equivalent constitutional documents.

………………… …………………

DIRECTOR DIRECTOR