Subject: BoD resolution on Director resignation and appointment
From: "Vadim Pozharskyi" <[email-masked]>
To: "Hunter Biden" <[email-masked]>, "Devon Archer" <[email-masked]>, "Sebastian Momtazi" <[email-masked]>, "Sebastian Momtazi" <[email-masked]>
Date: Sun, 16 Nov 2014 11:14:43 +0200

Dear Hunter and Devon,

Based on the Decision taken by Nikolay, it was decided to resign Angelika
Pasenidou from her position of Director and to appoint to this position
Christina Sofocleous.

In this regard, our legal department has drafted a BoD resolution (please
find attached). As you can see, it has already been executed by both
Cypriot Directors

Sebastian, could you kindly assist with getting the resolution signed both
by Hunter and Devon and forward it back to me?
Thank you in advance.

Best,

Vady