RM 1g Ean emo ores as 160 729 ora. Sy Saunt ‘et Fir doi Bora Makae Sutc inte @ormenginering.co ke ENGINEERING Fina if Enerprae Bd wrunermengaeering 20 ke Extracts of the Minutes of a Meeting of the Board of Directors of ARM Engineering Company Limited {the “Company") duly convened, constituted and held at the offices of the Company on the 14” Day of October 2016 Present: Rodgers M Adal Director (Chairman) Rachel Manyeki Director (Secretary) 1. The Chairman reported that under the Memorandum and Articles of Association of the company ‘the Directors present were empowered to implement the proposed arrangements, 2. Inaccordance with section 200 of the companies Act (Cap. 486) the individual Directors then Teported the manner in which they were interested in the proposed arrangement as Directors and/or shareholders in the Company or were interested in the proposed arrangements by virtue ‘of guarantees issued or in any other manner. The Secretary reported that under Article 22 of the Articles of Association of the Company and the provisions of the Companies Act the interested Directors were allowed to vote and be counted in the quorum present at the meeting. 3. twas as follows:- 3.1 The Directors agreed that Rodgers Adai will continue being the Managing Director of ARM Engineering Co. Ltd. 3.2. The Directors also resolved that Rodgers Adai will continue to sign on behalf of ARM. Engineering until the Board decides otherwise. 3.3. The Chairman reported that under the Memorandum and Articles of Association of the Company the Directors present were empowered to act on behalf of the company. 3.4 That the Managing Director of the Company and in his absence, any Director, of the ‘Company be and is hereby authorized to sign all notices and communications until a letter or minutes of meeting decide to the contrary.ITIS HEREBY CERTIFIED that the above is a true extract from the Minutes of the Meeting of the Board of Directors of the Company and that the resolutions set forth above were duly passed in accordance with and comply with the Memorandum and Articles of Association and Regulations of the Company Dated this 14" day of October 2016. CERTIFIED BY: Name: Name: Qgcyer we Marty det Romuers AeA! Signature: Signature: ed. Chairman. Secretary.