Syco Industries Pty Ltd Shareholders

Syco Industries is owned by several shareholders. Shareholders are bound by the shareholders agreement. The shareholders is unanimous and all shareholders agree to be bound by the contents of the agreement prior to becoming a shareholder. The Company is governed by the Company Constitution. The Shareholder Agreement is in addition to the rights and obligations contained in the Company Constitution. The Board of Directors act on behalf of the Shareholders and answer to the Shareholders. The Day-to-day business and affairs of the company shall be managed by a special committee known as the "Board of Management". The Board of Management act on behalf of Syco Industries and answer to the Board of Directors.

The Shareholder Agreement covers items such as:

• • Sale of shares
• • Examination of Books
• • Issue and transfer of shares
• • Death of shareholder
• • Amendment of articles of the Company
• • Amalgamation of the Company
• • Payment of Dividends
• • Borrowing of Funds