Shareholders Resolution removing Estery Giloz-Ran and Eran Ballan as Directors and Board Members and Appointing Gabriel Yariv as Director and Board Member
RESOLUTION OF THE SHAREHOLDERS
CANNABICS PHARMACEUTICALS INC.
The following is a true copy of the resolution duly adopted by the Majority of the Shareholders of the Corporation at a special meeting, notice to this meeting having been waived, held this 7th day of October, 2019;
WHEREAS there has been presented to and considered by this meeting a Motion to elect a new Director and Board Member and remove two of our Directors and Board Members at this time;
NOW THEREFORE BE IT RESOLVED that the majority of shareholders having considered this matter, and having opened the floor to all those who voice a preference in the issue and pursuant to NRS §78.320, have overwhelmingly decided and RESOLVED:
That, effective immediately,
Estery Giloz-Ram and Eran Ballan are hereby removed as Directors and Board Members, and that Gabriel Yariv is hereby elected as Director and Board Member.
Gabriel Yariv, having been nominated, has accepted his position as DIRECTOR and Board Member of the Company.
Said Motion is hereby passed and the corporate books, records and the Company shall file this Resolution in the corporate records.
Dated: 7th October, 2019
/s/ Eyal Barad
on behalf of Cannabics, Inc., Majority Shareholders