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1 b5<bei2)55>ci3&5 “обфсГ (b/6 405061365) INTI LLC (I/N 405061365) Забфбоспбсоа 36360b 01^80/801^06365 Shareholders’ Meeting Minutes/Approval 07 60186360, 2023 November 07, 2023 65^560133501, J. 01605060b, 3533-656'3)60115016 65001680, sopjodob J., №11, bs6oi. 3, 6065 N120 363606 qoi^yj&ob 5601: 15:00 36350b 5566'3)53606 дэбсп: 15:40 33b „обфо“-Ь (b/6405061365) (83852)^9^° „301835605“) 356^)60016015 363&5 ^йоЭлбсой 2023 (7506 07 60138636b 301835600b ^3653606 83656580655 55 85b 36^636015636 838532,0 Здбфбоспбз&о: 301835600b 50% ^0506 8(35016350 35бф6оо16о - 052,56 5З855013 (5'636650^5606 801^555^3, 35b3oi6$ob 6018360 ССЦ|г,МИ1<2 З06550 6018360: 2UBXM4T) 301835600b 50% ^0506 835016350 Здбфбомбо - 06558 52855013 (5'6366505^5606 801^555^3, ЗдЬЗсабфоЬ 6018360 С00690332; З06550 6018360: 24Y13QC) 363&5 801^3353505 301835600b (736536065 55 655)5601335016 356016853650160b ^3636065 <55 80101601363606 55(33001. 6^^УЗЭдо<Л’Э^°^ 8065503655 65J0601 5)30165380 8352,5, 533536580160505, 8005001b 2,555^333^)05365. jfvj&ob дэ£юЬ ffobfioQo: 301635600b 632,06(^60636535 801653383680 „83^5683015 8365636“ b5jj56oi33Q2?eib 56550 356016001 8010160136050 533505360b 632,06^65305 5655 3560160156 301835600b 80165338360b 336565806016560 80133560b аоЪбоо!; 301835600b 6555803538636501 830156683606 805365 55 83^5683015 55 5656583^568301 (56530183630535) З06015 6336(3680 2,563655)3606 83^565, 65015 301835600b Ap.120, floor 3, #11 Apakidze Street, Tbilisi, Georgia The meeting commenced at 15:00 The meeting ended at 15:40 The meeting of the Partners of INTI LLC (I/N 405061365) (hereinafter “the Company”) was convened on November 07, 2023 according to the charter of the company and was attended by the following partners: The partner holding 50% shares in the Company: Ilgar Ahmadov (citizen of Azerbaijan; passport number: СОЦ I ZAHM personal number: 2UBXM4T) The partner holding 50% shares in the Company: Islam Ahmadov (citizen of Azerbaijan; passport number: C00690332; personal number: 24Y13QC) 668660)33(2 66366(0 6331 (0660(90 "... аз.й5п<рзб«дб The meeting is convened by strictly observing the rules and the requirements of the Company’s Charter and the Georgian Law. The meeting is able to make a decision. The meeting agenda: Changing the registered data of the Company in accordance with the requirements of the new Law' of Georgia on Entrepreneurs in order to bring the registered data of the Company into compliance with the new Law; Executing Instrument of Incorporation and submitting an application to the Register of Entrepreneurs and Non-entrepreneur (Non-commercial) Legal Entities in order to bring the registered data of the Company into compliance with the new Law of Georgia on Entrepreneurs on the basis of Instrument of Incorporation:
бд&оЬфбобдб^с^о . ЗпблздЗдбо Ьд<5>;>Э<з£)дб;)2к™с'1 ЗдсоьбЬЗдбоЬ big^jdggq^bg Зспддабос™ oj6bb „Sg^tnSgcoa ЗдЬлЬдб" baJdAcogg^cnb ib5<™ здбпбсоаб ЗдЬабдЭоЬспббЗо; 3<пЭЗббооЬ ^gbqpgbaBo зз^ос^дбоЬ Эдфйбд (pj jyababtjngb^tjpo ^gbqpgbob Ag^ob^Adyod Эд^лбЗдсоб <pd лблЬаЭд^дАЗдт (йбозеаЭдбзо^)^) Зобоэд (nggb^fnSo. Amending the Charter of the Company and registering the amended Charter at the Register of Entrepreneurs and Non-entrepreneur (Non-commercial) Legal Entities. Зупфбостбд&За ^абоЬосрдЬ gfngbob cotpob (ЗдЬбюаосо усозйсроЬ^обдб^с^о bajocobgbo rod дооодЬ SgSgogyi а^УЯЗОдосУЭ5^ Scnbqpgb зпЗЗлбооЬ бд^оЬ^бобдб'дс^' ЗспбдддЗдбЗо „Зд^АЭдсод ЗдЬлЬдб" baji6cr>3g(w(nb t>bd<j«o з^бспбосо 3«cob«36o(wo Q3<wo(^og&ob бд^оЬфбэдзоа ЗпЭЗдбооЬ бд^°Ьф6°6дб;э<тоо Эсп5г>(зд8д&оЬ 6bi<w дьбсабсодб ЗдЬдбьЗоЬспбдЗо ЗсэдддбоЬ ЭоЪбооэ; 3oc2g6^)<w о^бьЬ з<п83дбооЬ bd^p^Sg^jdeg&twm ЗдсоьбЬЭдбь qpa Зд^бЗдоть <тр;> йЛоЬаЭд^йбЭдсп (ift^cnSgtaeo^jijp) Зобспл (пддЬф^Зо 3g^)i6o(w oJ6ab 2,г>6зЪг>орз&г>, (ndcod ЗсаЗЗббооЬ бд^оЬфбобдб'З^о ЗмбдддЗдбо ЬходЭд^Збд&^со ЗдсолбЬЗдбоЬ Ьдд^дЗзд^Ъд Эсадздбо<т oJ6ab „Эд^дСпЗдсоб ЗдЬ^Ьдб" bijifncoggcjonb bbaqp з^бспбсоаб ЗдЬдбаЭоЬтбьЗо; ЗсаЗЗйбооЬ ^дЬ^одб^Зо Здфабо<£> oJ5gb бЗОрсх^дбл <2?d Scnbqogb ^лблЬ^дб^д^по Vgbqog6ob (пд^оЬфбадол Sg^faSgooi дэб i6ibi3g^d63goa (iftigcoSgtayo^jcw) Зобсол (аддЬфбЗо. ОроЪо орУЬоЗзос^по (b^JdAcnggijpcib Scajdt^’bjg; Зобадэсп бспЭдСпо 01017044559) Ора <™к>б5 оуаЗЬо (bdjjdfacoggcjneab 3ca;j;><£>5jg; ЗоАд<тро 5ca8g(ao 38601049979) дб Зобдэсабос^сабооа SraJSgooo 6635 бдбоЬЗодбо ^jg<wg653cabo<wo Зо(ао £)а;<™дбд8оаЬс,<£>о;> qodSca^jgoqagbcwicja ^дбдЬсабзодс^саЬ бдбоЬЗодбао cJQgopgbo ^обйЭордба(ад а^0?^НЗЭе>°92?3&оЬ 5$ab(n^)<wg6ob ЗоЪБосо, Эд со ЗсабоЬ <ог> дбд Sbcacwcaqo, bgtj^o Эсад^дСасаЬ/ЗдофйбсаЬ ^обаЗоодбабд ааоэ^дздфо^дбд, ^Ордба, Ьй^рдЭд^Збдб^п ЗдоадбЬЗдбд, The Partners discussed the issues envisaged by the agenda and adopted the following decision: To change the registered data of the Company in accordance with the requirements of the new Law of Georgia on Entrepreneurs in order to bring the registered data of the Company into compliance with the new Law; To execute and register the instrument of incorporation at the Public Registry and request the Public Registry to bring the Company's registration data into compliance with the requirements of the Law of Georgia "On Entrepreneurs" on the basis of the instrument of :00000b bdi incorporation and the submitted documentation. ' ^ЛГОЗбЗСРО )и330 А1'0 2ЯЭЯ To change the Company's charter and register the new edition of the charter at LEPL National .........1 Agency of the Public Registry (the Public .. - ЬОРДЯвайА i Registry). Lizi Lazishvili (citizen of Georgia; personal number: 01017044559) or Lana Lashkhi (citizen of Georgia; personal number: 38601049979) or any authorized representative acting based on the power of attorney is authorized to independently carry out any action for the purpose of enforcement of this decision, including but not limited to signing/submitting the present decision, charter, instrument of incorporation, consent letter of director or any other document required by the Georgian legislation at the Register of Entrepreneurs and Non-entrepreneurial (non-commercial) legal entities for the purposes determined by the agenda of this decision.
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Date: November |C } 2023 INTI LLC (I/N 405061365) Instrument of Incorcoration (Registration data/registration application) 1. Legal form - Limited Liability Company 2. Brand Name in Georgian - 33b “обфо" 3. Brand name in English - INTI LLC 4. Legal address - Ар. 120, floor 3, # 11 Apakidze Street, Tbilisi, Georgia 5. Number of placed shares- 100 (one hundred) units 6. Partners and their equity participation in subscribed capital N Partner / Partners The amount of the share Equity participation of partners in equity 1 Ilgar Ahmadov (citizen of Azerbaijan; passport number: GQ^|1444.T- personal number: 2UBXM4T; address: Ap.120, floor 3, #11 Apakidze Street. Tbilisi. Georgia) 50 50% 2 Islam Ahmadov (citizen of Azerbaijan; passport number: C00690332; personal number: 24Y13QC; address: Ap.120. floor 3, #11 Apakidze Street, Tbilisi, Georgia) 50 50% 7. Governing Body - Directors 8. Member of the governing body (a person with management and representative powers) - Directors: (1) Ilgar Ahmadov (citizen of Azerbaijan; passport number: C02618023; personal number: 2UBXM4T; address: Ap.120, floor 3, #11 Apakidze Street, Tbilisi, Georgia); (2) Islam Ahmadov (citizen of Azerbaijan; passport number: C00690332; personal number: 24Y13QC: address: Ap.120, floor 3, #11 Apakidze Street, Tbilisi, Georgia) 9. Scope of representative authority of the member of the governing body - The Directors shall be given the full powers of the governing body provided by the Law of Georgia on Entrepreneurs and the charter of the Company. The directors shall be entitled with the full and unrestricted equal authority to represent the Company and execute assigned powers. 10. The person in charge of managing and representing the authorized user page (e-mail address) of the company: Director: Islam Ahmadov (citizen of Azerbaijan; passport number: C00690332; personal number: 24Y13QC; address: Ap.120, floor 3, #1 1 Apakidze Street. Tbilisi. Georgia); mobile number: +995 599 54 40 43; email: islam.ahmedov@gmail.com). 11. Upon signing the present Instrument of Incorporation, Ilgar Ahmadov (citizen of Azerbaijan; passport number: G04l2.4Ud2. personal number: 2UBXM4T; address: Ap.120, floor 3, #11 Apakidze Street. Tbilisi, Georgia) and Islam Ahmadov (citizen of Azerbaijan; passport number: C00690332; personal number: 24Y13QC; address: Ap.120, floor 3, #11 Apakidze Street, Tbilisi, Georgia) declare their consents to be appointed as the director of the Company and to exercise the management and
I representative powers of the society, in accordance with the rules established by the Charter of the Company and the legislation of Georgia. 12. Registry of Entrepreneurs and Non-Entrepreneurial (Non-Commercial) Legal Entities ofNational Agency of Public Registry shall be requested, based on the present Instrument of Incorporation, to register changes in the registered data of the entity and to bring the entity into compliance with the Law of Georgia "On Entrepreneurs". 13. The Instrument of Incorporation of the Company is made in Georgian and English languages. In case of any discrepancies between the texts, the Georgian version shall prevail. 14. The attached Charter to be approved and registered at the Registry of Entrepreneurs and Non- Entrepreneurial (Non-Commercial) Legal Entities. ^0* .W060I 0 bWl x^-^NJcSo/^Г 'r'> —. 20
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Charter of INTI LLC 2023 Tbilisi, Georgia 10!» bdaot 36300 bi >838 1
1. General Provisions 1.1 . The limited liability company INTI LLC (the Company) represents a company (legal person) established in accordance with the Law of Georgia on Entrepreneurs, the capital of which is divided into shares and the partners' liability for the obligations of which is limited. 1.2 . The Company shall be deemed established and shall obtain the status of a legal person from the moment of its registration with the Registry' of Entrepreneurial and Non-entrepreneurial (Non- commercial) Legal Entities. 1.3 . Title of the Commpany shall be: • In Georgian: 33b „обфо“ • In English: INTI LLC 1.4 The legal status of the Company shall be determined by the legislation of Georgia and this Charter. The issues that are not regulated by this Charter shall be governed by the applicable legislation of Georgia. 1.5 This Charter is a part of the instrument of incorporation concluded between the partner(s), that expresses their mutual will and is binding on them. The provisions of this Statute shall be binding not only on the founders of a business entity, who are partners at the moment of the incorporation of the business entity, but also on those who will become partners of the entity in the future. 1.6 The Company shall be liable to its creditors with all its assets, which means that the partners and director(s) of the Company shall not be liable for the obligations of the Company. The Company shall not be liable for the obligations of its partners. 1.7 The Company shall have an independent balance and it may also have an account in banking institutions in Georgia or abroad, as w'ell as an electronic seal or stamp, a headed paper and an emblem. The Company shall have the right to open accounts at any bank in both national and foreign currencies. 1.8 The Company shall have the right, according to the established procedure, to establish its undertakings, branches and representations both on the territory of Georgia and abroad, also to participate in the establishment of other organizations and undertakings. The Company shall have the right to join different types of associations. I bdoiftW' I ОЛ60Ф0 I asfijw? 1.9 Economic year of the Company coincides with the calendar year. It constitutes 12 months, starting on January 1 and expiring on December 31. Period between the registration of the Company and December 31 forms one partial economic year. 2. Purpos of Creating of the Company and Subject of Activity aaeow 2.1 The purpose of establishing the Company is to make a profit based on legitimate, repeated and independent entrepreneurial activities. 02 j 2.2 The activities of the Company are all activities which directly or indirectly, serve for the aims of the Company and are not prohibited by the applicable legislation. 2.3 The Company is authorized to carry out any activity permitted by the Georgian legislation. In order to earn profit, the Company is authorized to cany out any business activity that is not prohibited by law. An activity that may be carried out under law only on the basis of a special licence/permit/authorisation, shall be permitted only from the moment of obtaining the relevant licence/perm it/authorisation. 2
2.4 2.5 3. 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4. 4.1 4.1.1 4.1.2 In order to achieve its goals, the Company may own property, acquire property rights and personal non-property rights, and undertake obligations. It may also act in legal relations on its own behalf, freely enter into transactions both in Georgia and abroad in accordance with law, determine the contents of such transactions, enter into transactions that are not provided for by law, although do not contradict law, as well as acquire property and non-property rights and undertake obligations, and be a plaintiff (claimant) and/or defendant before a court/arbitration tribunal. The Company shall be independent in its activities. It shall make decisions on the matters that are important to it by itself. The Company shall consist of relevant bodies that manage and represent it. The management bodies of a limited liability company and their powers are determined by the present Charter and an instrument of incorporation. Moreover, such bodies shall carry out activities only within the scope of powers granted to them. Company Capital and Contributions The Company may have subscribed capital, the initial value of which is determined by the Company's instrument of incorporation. The decision on the change of the subscribed capital shall made by the partners’ decision. Share participation of partners in the Company's subscribed capital shall be determined by the instrument of incorporation. The subscribed capital of the Company shall be denominated in the national currency. The obligation to make a contribution to the capital of the Company may be fulfilled by making a payment (monetary contribution) or by transferring other tangible or intangible material goods (contribution in kind). The performance of work or the provision of services may be the subject of a contribution in kind. A contribution is an asset transferred into the ownership the Company, the economic value of which is entered into the balance sheet of the Company. Monetary contributions shall be considered made from the moment of depositing money in the bank account opened by the Company, whereas, contributions in kind shall be considered made from the moment of performing the actions determined by the legislation of Georgia that are necessary for transferring ownership rights. Partners' contributions to the Company's capital are determined in proportion to their shares, unless the partners agree on another rule by mutual decision, in accordance with the rule established by legislation. The general meeting is authorized to exempt the partner from the obligation to make the contribution, except for the cases envisaged by the Law of Georgia on Entrepreneurs. The rules and terms on carrying out contributions in the capital of the Company shall be determined by the partners’ decision. Rights and Obligatios of Partners The partner is authroized to: Participate in the general meeting, save the exceptions provided for by law; Attend the General Meeting or be represented at it and participate in voting; Ot „ ЗЬФйО1 ЭФ63 '4i>....... 3
4.1.3 4.1.4 4.1.5 4.1.6 4.1.7 4.1.8 4.1.9 4.1.10 4.2 4.2.1 4.2.2 4.2.3 4.2.4 4.2.5 4.2.6 4.2.7 5. 5.1 5.2 6. 6.1 6.2 Receive information about the ongoing activity of the Company, request the inspection oi the documentation reflecting the activity of the Company, including financial and accounting documentation and/or reports for the period requested by the partner; Request, receive and check information about the Company's bank accounts, records and documentation. Participate in the distribution of the Company's profits and to receive annual or interim dividends in accordance with the rules established by the decision/agreement of the partners. The dividend is determined pro rata to the share of the Company's partners. Request a special inspection of the Company's balance sheet for the relevant period and the documentation revlecting the Company's activities in the period requested by the partner, and for this purpose, invite an independent auditor. In addition, the partner, on whose initiative the audit of the Company will be conducted, will reimburse the costs of conducting the audit; Request an extraordinary General Meeting; File a lawsuit on his/her behalf and in favor of the Company to implement the claim belonging to the Company, in accordance with the law; Withdraw from the Company in accordance with the procedures envisated by the Georgian, if the actions of the Company's management or partners significantly harm his/her interests, or there are significant grounds provided by law; Enjoy other rights stipulated by the legislation of Georgia. The partner shall: Make contributions to the Company's capital in accordance with the rules established by the Partner’s decision/agreement; Protect commercial secrets related to the Company; Use the rights granted to him/her in order to protect and promote the long-term interests of the Company; Not to carry out such an action that will harm the interests of the Company; Refrain from actions that prevent the achievement of the Company's goals; The partner is personally liable before the creditor of the Company if he/she abuses the legal form of limitation of liability and the Company cannot satisfy the creditor's demand; To fulfill other obligations stipulated by the Georgian legislation. Managing Bodies of the Company The Managing Bodies of the Company shall be: the General Meeting and the Management Body (Director). The Management Body of the Company and their members shall carry out their activities and adopt decisions only within the scope of authority determined by law and/or this Charter. General Meeting The General Meeting is the highest governing body of the Company. All partners of the Company shall have the right to participate in the General Meeting, except for the exceptions provided for by the law. iiOGOI eftC03i 1 №2! е>э(пво 4
6.3 The General Meeting shall be convened by the Management Body at least once a year. 1 he General Meeting, which will review the annual results of the Company's activities, shall be convened within six (6) months after the annual balance sheet is drawn up. 6.4 The General Meeting may be held in any place, it is also possible to hold the meeting using technical means on various electronic platforms (virtual meeting). 6.5 The General Meeting shall be convened in accordance with the following procedures and rules: 6.5.1 The initiator of convening the General Meeting - the Management Body (director) shall send written notices/invitations to the registered address or e-mails of the partners at least seven (7) calendar days before holding of the General Meeting, and within the same term, the Management Body shall ensure publication of the notice regarding convening the General Meeting at on the authorised user’s page of the electronic platform (an electronic address). 6.5.2 The notice/invitation on convening the General Meeting shall include the date, time, place and agenda of the General Meeting. 6.5.3 Any partner of the Company has the right, three (3) calendar days before the General Meeting, to request in writing from the Management Body to issue clarifications on each issue of the agenda of the General Meeting and to submit his/her request for changes and additions to the agenda. Refusal to issue clarifications on an issue on the agenda of the General Meeting or a request to include an issue on the agenda is allowed only to protect the essential interests of the Company which shall be justified in writing. 6.5.4 The General Meeting is authorized to elect the chairman of the General Meeting by a simple majority of the voting participants, who will lead the session of the General Meeting and sign the minutes therof. If the chairman of the General Meeting is not elected, the meeting shall be chaired by the person convening it or the head/director of the convening legal entity. 6.6 Partners whose share in the Company's capital is at least five percent (5%) and/or the Management Body (director) are authorized, both individually and jointly, to convene an Extraordinary' General Meeting. The procedures/rules established by the Law of Georgia on Entrepreneurs apply to the convening of an extraordinary meeting. 6.7 The number of partners' votes is calculated according to the partners' shares in the capital of the Company. Each 1% of the subscribed capital equals to one (1) vote. 6.8 The General Meeting shall be duly costituted if partners holding more than 50% of the voting rights are present or represented. 6.9 The Partners’ Meeting discusses and with simple majority (51%) of votes decides upon the matters of its competence, except for the matters specified in the article 7 of the present Charter. 6.10 If any partner of the Company is a legal entity, the decision made by such a partner may be signed by the director thereof. 6.11 The decisions of the General Meeting are reflected in the minutes of the General Meeting, which are signed by the partners participating in the General Meeting and the chairman of the General Meeting. 6.12 The partner participates in the general meeting in person or through a representative. The partner, who does not participate in the general meeting either personally or through a representative, may vote remotely in writing regarding the issues included in the agenda before the meeting is held, in accordance with the rules established by the Law of Georgia on 5
Entrepreneurs. In such a case, it is considered that the partner participated in the discussion ot the issues evisaged by the agenda of the General Meeting. 6.13 In case of violation of the rules for convening the General Meeting established by this Charier, decision-making at the General Meeting is allowed if all partners are present at the meeting and they agree to hold the General Meeting and adopt a decision. The consent of the partner is considered if he/she does not request the General Meeting to be held at another time due to violation of the procedure for convening it. 6.14 It is not necessary to call a General Meeting to adopt a the partners’ decision, if all the partners agree in writing on the issue to be decided. In this case, the written consent/decision of the partners is equivalent to the minutes of the General Meeting and is considered a decision of the General Meeting. 7. Rights of the General Meeting: 7.1 The following decisions are adopted by the General Meeting with the absolute majority of the total votes (100%): 7.1.1 Making amendments and additions to the instrument of incorporation/Charter of the Company; 7.1.2 Reorganization and winding up/liquidation of the Company; 7.1.3 Increase or decrease of the capital of the Company; 7.1.4 Determining amount and timelines for additional contributions; 7.1.5 Acquisition of shares by the Company in its own capital; 7.1.6 Appointing and dismissing the director(s) of the Company; concluding the management agreement with him/her/them; 7.1.7 Determining/approving the salary of the director(s) of the Company; 7.1.8 Creation of the supervisory board by the Company; 7.1.9 Issuance and revocation of general commercial power of attorney; 7.1.10 Creation of subsidiary companies of the Company, adopting decisions regarding the appointment/dismissal of directors of subsidiary companies; 7.1.11 Taking and issuing any loan(s) by the Company, issuing new shares, bonds or other financial instruments by the Company; 7.1.12 Making investments, which within one economic year, separately or in total have value in excess of 10% of the book assets; 7.1.13 Issuing any guarantee, surety or security by the Company; 7.1.14 Conducting transactions by the company with related parties; 7.1.15 Approving the Company's annual financial reports and budget, or making changes thereto; bt>Si6C) л аз.быики 7.1.16 Purchase, alienation or encumbrance of movable property by the Company;; 7.1.17 Hiring the auditor/expert of the Company, concluding and terminating the respective agreement with him/her; 7.1.18 Approving the company's cost estimate and making changes to it within any Company project; 7.1.19 On any and all other matters, the resolution of which according to the law is within the competence of the General Meeting; 6
7.1.20 Distribution of Company property among partners and distribution ot dividends; 7.1.21 Change of activity of the Company; 7.1.22 Alienation, encumbrance or any other form of disposal by each partner of his/her share, unless the partner sells his/her share (in whole or in part) to another partner of the Company, in case of which the consent of the remaining partners/decision of the General Meeting is not required; 7.2 Any decision in the Company is adopted in the manner defined by the present article. A decision made in violation of this article has no legal force and cannot be used for any purpose. 7.3 If decision is made in violation of the present article, any partner has the right to request the annulment of such a decision and compensation for the damages incurred by such a decision in accordance with the legislation of Georgia. 8. Management Body 8.1 The management and representation of the company is carried out by the Management Body, which consists of two (2) leading persons (individually - the Director, collectively - the Directors). 8.2 The Director is appointed to the position for a term of no more than three (3) years, with the right to re-appointment. If after expiration of this term, the registration of a new term of director's authority or a change of director is not carried out in accordance with the law, the authority of the registered director is considered to be extended for an indefinite period. 8.3 The Management Agreement will be signed between the Company and the Director, which shall determine the terms of the director's remuneration, his/her rights and obligations, the grounds and procedure for terminating the Agreement, and other issues. 8.4 The Director shall conduct the Company’s business legitimately and with the diligence of a manager in good faith. 8.5 The Directors exercise the Company's management and representative powers solely, and for this purpose, are authorized to make decisions solely, independently on any and all matters that do not require the consent/decision of the General Meeting, taking into account article 7 of the present Charter. 8.6 The Director shall be liable before the Company for damages inflicted by culpable failure to fulfill the duty of care, in accordance with the rules established by the legislation of Georgia. 8.7 The Director is obliged to ensure full and unrestricted access of all partners of the Company to the documentation reflecting the Company's activity and financial status, including but not limited to the Company's financial and accounting documentation/operations/reports. 8.8 The Director shall present to the General Meeting information regarding the current activities, operations and financial situation of the Company. 8.9 The Director shall fulfill other obligations assigned to him/her by the Georgian Law on Entrepreneurs and the Charter. 9. Winding up and Reorganization of the Company 9.1. The grounds for winding up of the Company are: 9.1.1. Partners’ decision on winding up of the Company; 9.1.2. Violation of the requirements of law regarding the mandatory number of partners of the Company; 7
9.1.3. Entry into force of a court judgment in a criminal case concerning the liquidation ot the Company; 9.1.4. Based on the application/lawsuit of the partner of the Company, the decision adopted by the court on the winding up of the Company; 9.2. Winding up of the Company is carried out in accordance with the law of Georgia on Entrepreneurs. 9.3. In the presence of significant grounds, on the basis of the partner's application/claim. the Company may be winded up by a court decision. A significant reason exists if one of the partners willfully or through gross negligence violates an essential duty imposed on him/her by law or this Charter, or if the partner can no longer fulfill the duty and the purpose of the Company can no longer be achieved. 9.4. Reorganization of the Company may be carried out in the following form: 9.4.1. Conversion of the Company; 9.4.2. Merger with another company (a merger by acquisition or a merger by the formation of a new company); 9.4.3. Division of the Company (division or separation); 9.5. The reorganisation of the Company shall be carried out according to the procedure established by the Law of Georgia on Entrepreneurs 9.6. The rights and obligations of the partners as provided for by the Law of Georgia on Entrepreneurs shall be taken into consideration in the process of winding-up and reorganisation of the Company. 10. Accounting, Reporting and Auditing 10.1. The Company's accounting, preparation and submission of reports, audits are carried out in accordance with the rules established by the legislation of Georgia. 10.2. The participation of the partners and the members of the Management Body of the Company in the audit shall not compromise an auditor’s independence and objectivity. 10.3. The Management Body (Directors) of the Company shall ensure full and unrestricted access of all the Company's partners to the documentation reflecting the Company's activities and financial state, including but not limited to the Company's financial and accounting documentation/operations/reports, and for this purpose, to provide the partner(s) with the requested information/documentation for familiarization not later than within three (3) calendar days after receiving the partner's request. 10.4. The Company's Management Body (Directors) is responsible for preparing and submitting reports in accordance with Georgian legislation. 11. Final Provisions ^2838 ILL The present Charter enters into force from the moment of its registration at the respective registration authority, in accordance with the rules established by the legislation of Georgia. 11.2. Recognizing any provision of the Charter as invalid or void shall not affect the validity of other provisions of the Charter. 11.3. The Charter is regulated and interpreted in accordance with the legislation of Georgia. In case of inconsistency between the Charter and the legislation of Georgia, the provisions envisaged by the legislation of Georgia shall prevail. 8
Signatures О I Q ) A? <4VX*£ ддЗОбОР) • 202 В. 9
Pasportun comrasi/Passport No 23.06.2032 PCAZEAHMADOV<<ILGAR<<<<<<<<<<<<<<<<<<<<<<<<< C041244427AZE5908101M32062382UBXM4T<<<<<<<90 Gnsi/Sex к/м EtibarWiq tedddad/Dce of expiry 23.06.2032 SVSIA / aVIVZIA C04124442 Ofkanin kodu/Code of State AZE AZ9RBAYCAN RESPUBLlKASI • REPUBLIC OF AZERBAIJAN VTW PASPORT Win* - - - passport pq Soyadi/Sumaree 9HM9D0V AHMADOV Adi, atasmin adi/Civen name, patronymic ILQAR M9MM9D OGLU ILGAR Vatarda^hgi/Nationakty AZ9RBAYCAN/AZERBAIJAN Doguldugu urix/Oate of birth Fardi ideatifikasiya nomrasi/Personal No 10.08.1959 2UBXM4T DoguJduja ytf/Plaa of birth AZ9RBAYCAN/AZE Verikna tarixi/Date of issue 24.06.2022 Pasportu veran orqan/Bsuing authority DAXiLi i§L9R NAZiRLiYi MINISTRY OF INTERNAL AFFAIRS
SVSIA / HVWZIA , ; . ч AZ9RBAYCAN RESPUBLlKASI - REPUBLIC OF AZERBAIJAN Pasportun nomrasi/Passpoct No 000690332 kodu/Code У Suit AZE WTW PASPORT ТоПи» 2а passport pg ИЩаЩММЦВ Soyodi/S«wi< 9HM9D0V К AHMADOV я ; АЛ, autmm аЛ/С*п <ил*. patronym Ж ' ISLAM M9MM9D OOLU ISLAM fJL V*!*<xk»l^l/kMK>A44tV | AZ9RBAYCAN/AZERBAIJAN ОофиИифи IMil/DaW Ы fcnh ftrti KlerurfiUiryi AOmr*ii/P«rwfuJ Nc 24.10.1963 24Y13QC 4 Oo^ uldu^u <rf b<th AZ9RBAYCAN/AZE * Veda» Uriil/DM« d hwt (иЫгЩ muddNl/Омс Ы »цггу 06.12.2014 05.12.2024 » F*K>onu Kfw orQAA/bwmfl wtborlty Ho24 ‘ DAXiLi i?L9R NAZiRLIYI . MINISTRY OF INTERNAL AFFAIRS СМЛа к/м PCAZEAHMADOV<<ISLAM<<<<<<<<<<<<<<<<<<<<<<<<< C006903325AZE6310242M241205624Y13QC<<<<<<<62 ЯЙМ
с?дЪ0а30е?0 LAZISHVILI 8F06. / CIT>-.. VdObO / SEX ЗОбйЧО No / PERSONAL No GEO aco/F 01017044559 csddoceoaob сляпсю впаэочоьпь odwd-г m nr- DATE OF BIRTH DATE OF. EXPIRY «* difticnob No / CARD No ' 191C 54367 2S»A.— Ь0е?8П5060 SIGNATURE bdb3C?0/FIRST NAME е?оъо