CTD: Summary of the Board of Directors’ Resolution on Foreign Investment through Establishing Subsidiaries

The resolution of the Board of Directors of Coteccons Construction Joint Stock Company (CTD) approves the plan for foreign investment. Specifically, CTD will establish a subsidiary abroad to expand business operations and increase operational efficiency. The resolution outlines the strategic objective of leveraging development opportunities in foreign markets, especially in potential construction projects. The subsidiary will be established in accordance with current legal regulations and closely monitored to ensure investment efficiency. The Board of Directors authorizes the Executive Board to carry out necessary procedures to implement this plan, including selecting partners and determining investment scale appropriate to the Company’s development goals.

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