Decision

It was unanimously RESOLVED that the
Shareholders Sub Committee approved recommendation 3.1 a) as
amended, that:
 
The business plan at appendix 1 is approved in
the interim until the next Shareholders Sub-Committee on 30 October
2025. An updated proposed business plan for 2025/26 is prepared
following a workshop and presented in a format that meets the
requirements of the shareholder agreement for the next meeting of
the Shareholder Committee on 30 October 2025.
 
It was also unanimously RESOLVED
that:
 
b)       The appointment of
Nicholas (Nick) Drake as Operations/Managing Director be
ratified.
c)       The appointment of
Pennie Brown be ratified for the appointed as an EHDC Director of
East Hampshire Norse Ltd, as defined in shareholder agreement.
d)       The year-end report
for 2024/2025 for East Hampshire Norse Ltd be noted.
e)       The quarter one
report 2025/26 for East Hampshire Norse Ltd be noted.