The Company has informed that the Board of Directors of BRAC Bank, the majority shareholders of bkash Ltd. has approved the execution of share purchase and subscription agreement (agreement) amongst bkash and its existing shareholders, viz, BRAC bank, Money in Motion LLC, IFC, Bill & Melinda Gates Foundation, Alipay Singapore E-Commerce Private Limited and Board of Trustees of bkash Employee Share Option Plan Trust and the proposed investor, SVF II BEAM (DE) LLC (SoftBank). (cont.)