PROVEN Investments Limited – Notification of Resolutions

At a Board Meeting of the Directors of PROVEN Investments Limited (‘the Company’) held on Friday, June 24, 2022 Resolutions were passed to effect the following:

• That the name of the Company be changed from ‘PROVEN Investments Limited’ to ‘PROVEN Group Limited’.
• That upon the change of name of the Company, a new International Business Company be formed in St. Lucia under the name ‘PROVEN Investments Holdings Limited’.
• Subject to the approval of the Financial Services Regulatory Authority in St. Lucia, that the name of ‘BOSLIL Bank Limited’, which is majority owned by the Company, be changed to ‘PROVEN Bank (St. Lucia) Limited’.
• Subject to the approval of the Regulators in St. Lucia, that the wholly owned subsidiary of the Company ‘REAL Properties Limited’ be changed to ‘PROVEN Properties Limited’.