Decision Maker: Shareholders Sub-Committee

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: August 28, 2025

Purpose:

Content: 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.