Issue - decisions

To enter into a revised Shareholder Agreement that incorporates the wording approved by the Shareholders of Ubico Limited following a recommendation by the Board of Directors of the Company.

The revised wording is as follows:

‘Any Shareholder which requests the Company to do so:

(a)       Shall be sent non-confidential papers (which may be sent by electronic means if agreed) for all Board and all general meetings of the Company (including but not limited to an agenda and details of any specific resolutions to be put to the meeting) no less than five Business Days before the date of such meeting; and

(b)       may request to attend and speak on a particular item of business on the Board agenda subject to seeking and receiving the prior written permission of the Chair of the Board. ‘