Board Resolution Pertaining to the Use of Corporate Credit Cards

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Phone: {{phone}}

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BOARD RESOLUTION

**RESOLUTION ON THE USE OF CORPORATE CREDIT CARDS**

Date: {{date}}

WHEREAS

WHEREAS, the Board of Directors of {{company_name}} (hereinafter referred to as “the Company”) recognizes the need to provide certain employees with corporate credit cards to facilitate business-related expenses efficiently;

WHEREAS, the Board deems it necessary to establish clear guidelines and controls over the issuance and use of corporate credit cards to ensure responsible financial management, prevent misuse, and comply with all applicable laws and internal policies.

RESOLVED

RESOLVED, that the Company is hereby authorized to establish and maintain corporate credit card accounts with financial institutions approved by the Board or its designated committee.

FURTHER RESOLVED, that the issuance of corporate credit cards shall be restricted to employees holding positions that require such a facility for the performance of their official duties, as determined by {{authorized_officer_title}}.

FURTHER RESOLVED, that each corporate credit card holder shall be required to sign a Corporate Credit Card Agreement, acknowledging their understanding and acceptance of the Company's Corporate Credit Card Policy.

FURTHER RESOLVED, that a comprehensive Corporate Credit Card Policy, outlining permissible expenses, spending limits, reporting requirements, and disciplinary actions for non-compliance, as attached hereto as Schedule A, is hereby approved and adopted.

FURTHER RESOLVED, that the {{financial_controller_title}} or equivalent shall be responsible for the oversight of all corporate credit card accounts, including monitoring usage, reviewing expense reports, and ensuring adherence to the Corporate Credit Card Policy.

FURTHER RESOLVED, that the Board of Directors shall review the Corporate Credit Card Policy periodically, but no less than annually, to ensure its continued relevance, effectiveness, and compliance with best practices and regulatory requirements.

FURTHER RESOLVED, that {{authorized_officer_title}} and {{another_authorized_officer_title}} are hereby authorized to do all things necessary to implement the intent of this resolution.

CERTIFICATION

I, the undersigned, {{secretary_name}}, being the duly appointed Secretary of {{company_name}}, do hereby certify that the foregoing is a true and correct copy of a resolution duly adopted by the Board of Directors of {{company_name}} at a meeting held on {{meeting_date}}, at which a quorum was present and voting throughout, and that such resolution is now in full force and effect.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate seal of the Company this {{day}} day of {{month}}, {{year}}.

Signature Block

___________________________

{{secretary_name}}

Company Secretary