BOARD RESOLUTION TO LIQUIDATE A BRANCH

The resolution involves:

· Liquidation process to be conducted according to the procedures and conditions set forth in the applicable laws.

·  The appointment of a representative to act as the liquidator of the branch.

·  The resolution to be published according to the publication rules and through the means of publication in accordance with the applicable laws.

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.