tin 101-101-347

Dear Juvent, 

thank you fo for your email message of January 2022 to Peter Boswell confirming that you wish to relinquish your Directorship in KEL as well as your shares in the company.

Regarding your Directorship. There are several alternatives under the Kwamtili Estate Ltd Articles of Association. The most straightforward is to send a letter in writing to the company saying that you wish to resign your office. An electronic copy by email to Peter Boswell would be appreciated.

The alternatives involve your asking the Company Secretary in writing to either a) place an item on the agenda of the next General Meeting saying that you do not wish to be automatically re-appointed as a Director for a further term of office, or b) ask for a General Meeting to be called to pass an Ordinary Resolution to end your term as a Director.

Regarding your shares (One Founder Share and 100 Ordinary Shares). Under the Articles of Association there is a lien on your shares. This is because in spite of several requests by the company and the company's auuditors you have not produced vouchers for cash withdrals from the Kwamtili Estate Ltd CRBD Bank account (Tanga Branch) made in 2013 and 2014. It is noted that the Managing Director granted you the authority to make withdrawls from the bank account without the need for a second signature provided withdrawls were approved by him personally.

Second, the company has in its possession copies of temporary tennancy agreements signed by you for which you received payment. A letter of 16 October 2014 sent by the Managing Director makes it clear that you as a Director is not authorised to make such undertakings.

The company therefore respectfully asks once again that you produce vouchers for payments both made and received in the name of Kwamtili Estate Ltd over the period 2013 to 2014 so that the company accounts for 2014 can be closed.

I am sure the missing vouchers is a simple oversight on your part and that you understand the importance of Kwamtili Estate Ltd being able to finalise its accounts.

Sincerely,

Latifa Ayyl Fielder