FOUNDER'S RESOLUTION

[DD-MM-YYYY]

WHEREAS,

[Insert names of Founders]

are the founders (each a ‘Founder' and collectively, the ‘Founders') of [insert Foundation name], a Foundation established in the Dubai International Financial Centre (the ‘Foundation') under DIFC Law No. 3/2018 Foundations Law; and

WHEREAS, the Founders wish to wind up the Foundation;

The Founders RESOLVE that:

• It is in the best interest for the Foundation to be dissolved, liquidated, and no longer exist as a separate legal entity;

• The dissolution be effective on the date of this resolution [DD-MM-YYYY];

• As at the Effective Date, [insert name of the appointed Liquidator] be appointed as the liquidator(s) of the Foundation for the purpose of winding up the Foundation's affairs and distributing its assets;

_____________________

[Founders' name and signature]

_____________________

[Founders' name and signature]