BOARD OF MANAGEMENT

Mode of Operation of Board of Management

The Board of Management in Abram Global Group of Companies draws up bylaws. The Board of Management conducts the business of the company by common responsibility shared among all its members. The Board determines entrepreneurial goals, the fundamental strategic direction, policies and Group organization. The Board of Management makes all decisions in the form of resolutions.

The Board of Management provides the Supervisory Board with regular written and verbal reports containing full and timely information on the financial position and development of both the Company and the Group, significant transactions and the current results of operations, including information on the risk position and risk management. In the final session of the business year, the Board of Management also submits to the Supervisory Board planning for Group investments, finance and personnel for the coming business year, as well as medium-term planning.

Outside of its meetings, the Supervisory Board is kept fully abreast by the Board of Management of particularly significant or urgent projects and events. The Chairman of the Supervisory Board also maintains regular contact with the Board of Management outside of meetings and keeps himself informed of the current status of the business and key transactions. Any business or initiatives that require the consent of the Supervisory Board are submitted to that body in a timely fashion.

Responsibility within the Board of Management is assigned as follows:

Najibullah Abram

Chairman

Nasirullah Abram

Vice Chairman

Engineer Wahidullah Waseq

Member of the Board of Management

Wafiullah Niazi

Member of the Board of Management

Engineer Khalilullah Niazi

Member of the Board of Management