Own Share Purchase Board Minutes

The resolutions outlined in this document indicate the formal approval by the board to proceed with the share repurchase, following due diligence and compliance with relevant laws and regulations. The document serves as an official record of the decisions made and often includes specific terms such as the number of shares to be repurchased and the maximum price per share.

Additionally, the board resolutions document is crucial for transparency and accountability, ensuring that all actions concerning the company's capital, especially significant ones like share repurchases, are documented and justified. This practice aligns with corporate governance standards, providing assurance to shareholders and stakeholders about the prudent management of the company’s resources.