ESB Group Announcements

[Primo de Aguilar]

20.XII.1676 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

Having accepted the comprehensive confidential report of the Director of Benacian Operations, Garvin Hendriksson, The Board of Directors of the Honourable Company resolved to create a Committee of the Board of Directors, to be known as the Sathrati Committee, with Director Hendriksson as Chair, and His Serene and Eminent Highness Director The Prince of Molivadia as Senior Vice Chair, both with authority to appoint members thereof; wherein all matters pertaining to the Emirate of Sathrati together with the Imperial Dominion of the Marquessate of Zy-Rodun and the Counties of Yardistan, Amity, and Mirioth shall be referred for review and oversight before final action by the Board of Directors.

The Board of Directors of the Honourable Company, in accordance with rights vested in or exercised by the Corporation of the Seneschal of the march on behalf of the Corporation of the Marchioness of Zy-Rodun, pursuant to The First Protocol (Governance) of the Technical Cooperation Agreement & Structural Assistance Programme Between the Raspur Pact and Emirate of Sathrati, further resolved as follows:

1. The Director of Benacian Operations, Garvin Hendriksson, shall serve as Plenipotentiary of the Honourable Company, and shall possess complete authority to act in the name of the Board of Directors of the Honourable Company, unless otherwise directed by the Board of Directors.

2. The Board of Directors of the Honourable Company approved and ratified the appointment by Director Hendriksson of Aurangzeb al-Osman, subject of the Imperial State of Constancia, as Principal Secretary of State.

3. The Board of Directors of the Honourable Company approved and ratified Adam al-Osman, subject of the Imperial State of Constancia, as representative of the Honourable Company in the Council of Sathrati, to serve therein at the pleasure of the Board.

4. The Board of Directors of the Honourable Company approved and ratified Daniel Hosiahrion, subject of the Imperial State of Constancia, as Undersecretary of State for Treasury and Finance.

5. The Board of Directors of the Honourable Company approved and ratified Hovo Erfan Rostami, subject of the Imperial State of Constancia, as Undersecretary of State for Civil Defense, Public Safety and Security.

6. The Board of Directors of the Honourable Company approved and ratified Valter Aloisi, subject of the Imperial State of Constancia, as Undersecretary of State for Public Works and Transportation.

7. The Board of Directors of the Honourable Company approved and ratified Shapur Vardan Sarkissian, subject of the Imperial State of Constancia, as Undersecretary of State for Territorial Defense and Integrity.

8. The Board of Directors of the Honourable Company approved and ratified Agilulf Vasilescu, subject of the Imperial State of Constancia, as Undersecretary of State for the Interior and Local Government.

9. The Board of Directors of the Honourable Company approved and ratified Vahagn Gelashvili, subject of the Imperial State of Constancia, as Undersecretary of State for Labor and Employment.

10. The Board of Directors of the Honourable Company approved and ratified Golzar Khajag Kevorkian, subject of the Imperial State of Constancia, as Undersecretary of State for Maritime, Fisheries, and Aquatic Resources.

11. The Board of Directors of the Honourable Company approved and ratified Claudio Muraro, subject of the Imperial State of Constancia, as Undersecretary of State for Trade, Industry and Commerce.

12. The Board of Directors of the Honourable Company approved and ratified the creation and incorporation of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to serve as the local treasury and bank of government deposit, as well as a universal and commercial bank, with capital initially sourced from the Benacian Directorate, with branches initially in Aqaba, Novi Nigrad, Erudition, Nordagaat, and elsewhere.

13. The Board of Directors of the Honourable Company approved and ratified the creation and incorporation of the Postal Bank of the Marquessate, to promote rural thrift and to mobilize civic savings for local development, with authority and license as a universal and commercial bank, with capital initially sourced from the Sathrati Treasury.

14. The Board of Directors of the Honourable Company approved and ratified the creation of Gold Star Ferry Corporation, with capital from the Benacian Directorate, to ensure ferry services within the islands, and that a 45% stake of Gold Star Ferry Corporation be sold to residents after five years of operation.

15. The Board of Directors of the Honourable Company approved and ratified the planning and construction of and international airport, air bases and suitable commercial ports and piers at Novi Nigrad, Erudition, and Nordagaat, and a naval shipyard at Arg-e Daniyal.

16. The Board of Directors of the Honourable Company approved and ratified that the Principal Secretary of State and Council of Sathrati report quarterly to the Sathrati Committee on local needs and developments.

[Primo de Aguilar]

14.I.1677 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of ESB Cable, ESB Signals, ESB Electromagnetic, ESB Electronics, as well as ESB Bank, ESB Fidelity, and ESB Provident.

The construction of flaktowers, and a ziggurat, as well as a new Residency office to complement the new airport at Teldrin shall also commence this year. The former offices in Teldrin shall be converted into a museum and company archives. The Board of Directors has ratified the acquisition of the Benacian Directorate of the Bethlem Hotel in Teldrin, which shall be refurbished and turned into the domicile of the ESB Club. The historic saloon bar will be preserved and remain the exclusive domain and lounge of senior company executives.

Considering the socioeconomic and political developments in the Benacian continent, further enterprise resource support shall be provided to the Benacian Directorate.

Negotiations are underway to establish new Residency offices in Tirlar, Arboria (with subresidency offices in Fort Nider, Duilne Doras, Tylmarinnyn, Vinopolis, and St Christopher's and Lukanberg). For administrative purposes, supervision of operations in Arboria shall fall under the Benacian Directorate.

Negotiations are also underway to establish new Residency offices in Brunopolis, Transegale, (with subresidency offices in Nerthus, Tethys, Cape Isabella, Bight Bay, and Woodport).

[Primo de Aguilar]

21.I.1677 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Sathrati Committee was pleased to report the appointment of Azardokht al-Osman as member of the Committee.

The Board of Directors of the Honourable Company approved and ratified the branch expansion of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to Nivardom, Bandar-e Saghi, Mehrshahr, Raspur City, and Mirran in the Zylenisi Dependency.
The Board of Directors of the Honourable Company approved and ratified the appointment of Azardokht al-Osman as First Deputy Chair of the Imperial and Emirati Bank of the Sathrati Islands.

The construction of flaktowers, and a ziggurat, as well as a new Residency office to complement the airport at Mirran in the Zylenisi Dependency shall also commence this year. The construction of a container port and passenger terminal, as well as shipyard facilities at Arak shall also commence this year. Flaktowers and a ziggurat shall also be built in Arak.

Construction of a flaktower, ziggurat, and international airport shall also commence this year at Badeshahr, with rail and highway lines connecting it to Bander-e Saghi and Nivardom.

The Board of Directors of the Honourable Company approved and ratified the expansion of the Imperial & Emirati Bank of Alalehzamin and Constancia branches in Arak, Mehrshahr, Nivardom, and Punta Santiago and Susa In Alduria. Branches in Parap and San Francisco in the Wechua Nation have also been authorized.

All ESB Residency Offices shall, as a matter of policy, have a branch of ESB Bank operating for the benefit of employees.

The Board of Directors of the Honourable Company approved and ratified the order of 2 Nivardom-class and 2 Aldric-class AqabaMax vessels from the Aldurian Shipbuilding Corporation.

The Board of Directors of the Honourable Company approved and ratified the order of 20 CH-276 Camels from Brightworks of Sanama.

The Board of Directors of the Honourable Company approved and ratified the order of 2 GV-7 Leviathans for corporate use, one for the Benacian Directorate, and the other, specially-designed for use of the Euran Directorate.

[Primo de Aguilar]

4.III.1677 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of ESB Computing.

Recapitalization and reorganization of the ESB Keltia Group, and its moribund Imperial Bank for Keltian Development, formerly known as the Imperial Bank for Caputian Development, currently incorporated and operating under the laws of Natopia, has begun under the guidance of the Directorate of Financial and Legal Services.

The construction of flaktowers, and a ziggurat, as well as a new Residency office at San Francisco, Wechua shall also commence this year.

The Board of Directors ratified the decision of the Directorate of Financial and Legal Services to subcontract some corporate legal work to the firm of Zollinger-Kirchner & Co.

[Primo de Aguilar]

21.III.1678 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of ESB Sanitation, and utilization of ESB Sanitation for solid waste management of the Honorable Company, as well as external clients.

In preparation of emerging political realities, a transition committee under the Board of Directors shall assist with respect to transfer of Normark business to the sphere of Elwynn.

The Board of Directors of the Honourable Company approved and ratified the transfer of ESB-Keltia, administratively to the Benacian Directorate upon effectivity of transfer of polity and sovereignty.

The Board of Directors of the Honourable Company approved and ratified the transfer of certain financial assets formerly belonging to Caputian State Corporations to Queen Elizabeth of Caputia and the Caputian Foundation.

The Board of Directors of the Honourable Company approved and ratified the donation of ten million Natopos from company funds to the Health Emergency Subcommission of the Raspur Pact, and approved and ratified the establishment of a Health Emergency Monitoring Office under the Directorate of Security.

[Continuator]

17.VIII.1678 - Aqaba

Following the appeal of the Director of Tapferite Operations, Royston Merrick the Younger, the decision to transfer ESB-Keltia to the Benacian Directorate has been put to a vote by the Board of the Honourable Company and accordingly reversed. The continental model of operational directorates will remain unaltered.

[Primo de Aguilar]

9.I.1679 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of ESB Electricity, ESB Sports, ESB Coliseum, ESB Securities, ESB Clearinghouse and ESB Green.

The Honorable Company is pleased to further announce that 1% of the group net profit for 1678 has been appropriated to the ESB Foundation.

Garvin Hendriksson, Director of Benacian Operations, is thanked for his service since 1668 in this post, effective the last day of 1678, and is granted paid sabbatical for the entirety of 1679.

The Honorable Company is pleased to announce Jeremiah Avon-El as new Director of Benacian Operations, and welcomed to the Board of Directors.

The Board of Directors of the Honourable Company approved and ratified the expansion of the Imperial & Emirati Bank of Alalehzamin and Constancia branches in Merensk, and plans to expand to Eliria and elsewhere.

The Board of Directors of the Honourable Company approved and ratified the branch expansion of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to Acarid City and Lapano in Florencia.

[Primo de Aguilar]

19.XII.1683 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of Eklesia State Business (ESB Eklesia), Ensemble Syphony Band, Echelon Security Business, Elementary Science Business, and Emerging South Benacia Community (ESB South Benacia Community).

The Honorable Company is pleased to further announce that 1% of the group net profit for 1679, 1680, 1681, and 1682 has been appropriated to the ESB Foundation.

Garvin Hendriksson is thanked for his service since 1680 in his post with the ESB Foundation.

The Board of Directors of the Honourable Company approved and ratified the expansion of the Imperial & Emirati Bank of Alalehzamin and Constancia branches in Zugashvili, Eklesia, and Mishagrad in the Unified Governorates of Benacia.

The Board of Directors of the Honourable Company approved and ratified the branch expansion of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to Zugashvili, Eklesia, and Mishagrad in the Unified Governorates of Benacia.

The construction of flaktowers and a ziggurat in Eklesian territory, as well as a new Residency office to complement the airport at Zugashvili shall also commence this year.

[Primo de Aguilar]

4.XIII.1683 - Aqaba

The Honourable Company announces that it has concluded a credit line facility contract with the Banca Credito Commercio Immobiliare, the Basileusan Bank, EuraPrudential, the Imperial & Emirati Bank of Alalehzamin and Constancia, Oranjesion Private Equity Capital, the Imperial and Emirati Bank of the Sathrati Islands, the Postal Bank of the Marquessate, Wechua Development Bank, Imperial Bank for Keltian Development, Ransenari Import-Export Bank, Ransenari Development Bank, Ransenari Infrastructure Bank, Euran Savings Bank, House of Osman GmBH and Banke Anzarolexion, having a total amount of ₦5,200,000,000. This creates a credit line facility available for the ESB Group to enable it to underwrite significant forthcoming ventures.

The Contract term will run for twelve Norton years from the date of this announcement.

[Primo de Aguilar]

8.IV.1684 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of Euran Sovereigns Brewery (ESB Brewery), Emporium Sales Business (ESB Malls), Entertainment Services Business (ESB Entertainment), Emergency Signal Broadcast, Euran Secure Bandwidth, Electronics Services Business (ESB Electronics), Elaborate Specifics Business, Euran Solar Business, and Estate Services Business.

The Honorable Company is pleased to further announce that 1% of the group net profit for 1683 has been appropriated to the ESB Foundation.

The Board of Directors of the Honourable Company approved and ratified the acquisition of ESB Sports by ESB Media, with ESB Sports becoming a subsidiary of ESB Media.

The Board of Directors of the Honourable Company approved and ratified the acquisition of Havâpeymâye Shahrokh (Shahrokh Airlines), a company in Raspur City under receivership, by ESB Remediation, with the aforesaid company becoming a subsidiary of ESB Remediation.

[Primo de Aguilar]

9.V.1684 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of ESB Power. Taking into consideration the cost savings and synergies of operations, the Board of Directors of the Honourable Company approved and ratified the acquisition of ESB Electricity, ESB Illumination, and ESB Electromagnetic by ESB Power, with the foregoing becoming subsidiaries of ESB Power. This consolidation is expected to produce better efficiencies across the enterprise.

Taking into consideration the report and recommendations of the Sathrati Committee, The Board of Directors of the Honourable Company approved and ratified the acquisition, by the Imperial and Emirati Bank of the Sathrati Islands, two percentum of the shares of Anzarolexion via purchase on the open market.

The Board of Directors of the Honourable Company approved and ratified the acquisition, by ESB Securities, of two percentum of the shares of Anzarolexion via purchase on the open market.

The Board of Directors of the Honourable Company approved and ratified the acquisition, by ESB Acquisitions, of two percentum of the shares of Anzarolexion via purchase on the open market.

The Board of Directors of the Honourable Company approved and ratified the acquisition, by the Imperial & Emirati Bank of Alalehzamin and Constancia, of two percentum of the shares of Anzarolexion via purchase on the open market.

The Board of Directors of the Honourable Company approved and ratified the order of 2 more Nivardom-class and 2 Aldric-class AqabaMax vessels from the Aldurian Shipbuilding Corporation.

[Primo de Aguilar]

3.VI.1684 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company is pleased to announce the incorporation and beginning of operations of Euran Sandy Berm Pipeline (ESB Pipeline), intended to construct and manage Trans-Constancian oil pipelines. Shareholder and partnership agreements have been offered to the Aldurian Oil Company, KerOil, SanOil, and select investors, who have been offered a cumulative total of 48% of the outstanding shares of the new company.

ESB Pipeline shall be under the administrative control of the Euran Directorate.

The Honorable Company is also pleased to announce the incorporation and beginning of operations of Eura ShipBuilding (ESB Shipbuilding), with headquarters at Aqaba.

The Honorable Company is likewise pleased to announce the incorporation and beginning of operations of Enterprise Solutions Benacia, to assist Benacian business recovery, rehabilitation, and continuity through technology, process and outcome management, and streamlining operations.

[Primo de Aguilar]

3.VII.1685 - Aqaba

The Honourable Company is pleased to report the following agreements reached at an emergency meeting of the Board of Directors held today:

The Honorable Company has received the report of the Sathrati Committee, and adopted a resolution approving and endorsing the following actions:

1. Today's edict of the Autokrator of Constancia, shall, as far as practicable, be enforced and implemented in the Emirate of Sathrati together with the Imperial Dominion of the Marquessate of Zy-Rodun and the Counties of Yardistan, Amity, and Mirioth; provided that references to the Imperial State of Constancia in the referred edict shall mean the Government of the Emirate.

2. While filtered by Recruitment, Talent Acquisition and Human Resources, as a matter of policy, the adherence and practice of Froyalanish Ancient Ways by employees, contractors, and officers is suppressed forever within the Group, and subject to immediate termination and loss of all privileges, and pensions.

3. While highly unlikely that subjects and nationals of the High Realm of Stormark have gained employment or have been otherwise contracted by the Group, subjects and nationals of the High Realm of Stormark somehow affiliated with the Group are immediately terminated and subject to quarantine by ESB Security.

4. All personal and monetary property of subjects and nationals of the High Realm of Stormark somehow affiliated with the Group are forfeit to the Financial and Legal Directorate.

5. All property of SEKEF and the High Realm of Stormark, including subjects and nationals thereof, within the jurisdiction of the Group are likewise subject to immediate seizure and forfeit to the Financial and Legal Directorate; provided that minority subjects and nationals are granted full protection of the Group in accordance with prevailing Group policy on dependent care.

6. Euran Directorate assets shall assist the Imperial Constancian Government in the supply and sourcing expedition to the Longships Isles in Southern Eura.

7. All ESB units shall do their utmost to immediately enforce and implement this Resolution. Reporting shall be consolidated at the Financial and Legal Directorate, with a weekly report to the Board of Directors.

8. Maritime Group assets are wished well by the Board of Directors on their hunting season upon the High Seas.

[Primo de Aguilar]

4.VII.1685 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

The Honorable Company adopted a resolution approving and endorsing the following actions:

1. A credit line of ₦5,000,000,000 is extended by the Group to the Government of the Kingdom of Amokolia, secured by equivalent Amokolian assets.

2. Economic and technical assistance is extended by the Group to the Government of the Kingdom of Amokolia.

3. Upon the recommendation of the Sathrati Committee, a Brigade Combat Team of the Jaysh al-Sathrati is being deployed to Amokolia.

4. A Kingdom of Amokolia Committee of the Board of Directors is constituted to monitor the situation and provide recommendations, and shall report periodically to the Board.

[Primo de Aguilar]

8.IX.1685 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. Taking into consideration developments in the Cibolan continent, a Residency office is established at Ayreon's Bay, Waffel Plains, with a subresidency office in Ludwig-Satyria. A Residency office is likewise established in Brunopolis, with subresidency offices at Cape Isabella in Transegale, as well as in Aristarchus in Universalis. A Residency office is established in Eadricton, Neridia. A Residency office is established in Eliria, Elwynn

2. The Board of Directors of the Honourable Company approved and ratified the expansion of the Imperial & Emirati Bank of Alalehzamin and Constancia branch in Ayreon's Bay, Waffel Plains, as well as in Brunopolis, Cape Isabella, and Bight Bay in Transegale, as well as in Aristarchus in Universalis.

3. The Board of Directors of the Honourable Company approved and ratified the branch expansion of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to Cape Isabella, in Transegale.

4. The Board of Directors of the Honourable Company approved and ratified the order of 2 Aqaba-class SCV, 3 Nivardom-class and 2 Aldric-class AqabaMax vessels from the Aldurian Shipbuilding Corporation.

5. The Board of Directors of the Honourable Company approved and ratified the incorporation of Engineering Solutions Benacia.

[Primo de Aguilar]

12.XIV.1685 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. The Board of Directors of the Honourable Company approved and ratified the expansion of the Imperial & Emirati Bank of Alalehzamin and Constancia branch in Merensk and Port Benacia in the Unified Governorates of Benacia.

3. The Board of Directors of the Honourable Company approved and ratified the branch expansion of the Imperial and Emirati Bank of the Sathrati Islands, a subsidiary of the Honourable Company, to Merensk and Port Benacia in the Unified Governorates of Benacia.

4. The Board of Directors of the Honourable Company approved and ratified the contract with the Government of the Principality of Arboria regarding the 50-year service contracting of power production, supply, and distribution within the Principality, including the annex concerning the rendition and utilization of certain stateless invididuals that are now recipients of a life-service bond to the Group.

5. A West Tapfer Committee of the Board of Directors is constituted to monitor the situation and provide recommendations, and shall report periodically to the Board.

6. The Board of Directors of the Honourable Company notes with regret the untimely passing of Timūr al-Osman Taraghay, Director of Security, resolves to thank him for his decades of service, names the ESB Corporate Security Building the Timūr al-Osman Taraghay Building, and approves and ratifies the appointment of his son, Zurvanudin Miran al-Osman, also late of the Security Directorate, as his replacement.

[Primo de Aguilar]

14.XV.1685 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. The Board of Directors of the Honourable Company approved and ratified the contract with the Government of the Imperial State of Constancia regarding the conduct of the 1686 Census.

2. The Board of Directors of the Honourable Company approved and ratified the incorporation of Euran Statistical Biometrics.

3. The Board of Directors of the Honourable Company approved and ratified the contract with the Government of the Imperial State of Constancia regarding the 50-year service contracting of power production, supply, and distribution within the Imperial State.

4. The Board of Directors of the Honourable Company approved and ratified the incorporation of Emporium Sales Business, Euran Sunshine Building, Extended Stay Business and Estate Services Business.

5. The Board of Directors of the Honourable Company approved and ratified the order of 1 Carillo-class Amphibious command ship and 2 Ignatius-class Amphibious Transport Dock vessels from the Pontecorvo Firm.

6. The Board of Directors of the Honourable Company approved and ratified a resolution to direct ESB Susa to begin the construction of a new class of vessel, tentatively named the Clemency class hospital ship. The first ship has been confirmed for purchase by the Honourable Company for corporate use, with a second ordered to be built for purchase and use by the Imperial Constancian Navy. Delivery date is scheduled for 1689.

7. The Board of Directors of the Honourable Company approved and ratified a resolution to direct the Residency office in Nivardom to begin the construction of a new class of vessel, tentatively named the Harmony. The first ship has been confirmed for purchase by the Honourable Company for corporate use, with options for a second and third. Delivery date is scheduled for 1690.

[Primo de Aguilar]

3.X.1686 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. The Board of Directors of the Honourable Company approved and ratified the expansion opening of ESB Keltia Division, Superabundance Foods, Inc., to have branch offices in Aqaba, Constancia, Mirran, Zylenisi Dependency, Constancia, Punta Santiago, Alduria-Wechua, San Francisco, Alduria-Wechua, Judah, Alduria-Wechua, Lindstrom, Natopia, Cape Isabella, Principality of Arboria, Natopia, Tirlar, Arboria Proper, Principality of Arboria, Natopia, Merensk, UGB, Rothaven, UGB, Ardashirshahr, UGB.

2. The Board of Directors of the Honourable Company approved and ratified the loan of adequate capital from Group Treasury for the construction of new factories and processing plants in Rothaven, UGB, Cape Isabella, Principality of Arboria, Natopia, Tirlar, Arboria Proper, Principality of Arboria, Natopia, and Arak, Constancia.

3. Acting upon the recommendation of the Sathrati Committee, the Board of Directors of the Honourable Company approved and ratified the incorporation of Euran Sathrati Business Airlines, its new flag carrier. The Board of Directors likewise approved and ratified the initial routes to Tirlar, Arboria Proper, Principality of Arboria, Natopia, Eadricton, MSU, Natopia, and Merensk, UGB.

4. The Board of Directors of the Honourable Company approved and ratified the order of 20 CF-380 Atlas transport turboprop airplanes produced by Sanaman aircraft manufacturer Brightworks, as well as 8 FF-380 Buzzards.

5. The Board of Directors of the Honourable Company approved and ratified a resolution to direct ESB Susa to begin the construction of the a new class of vessel, tentatively named the Pacific, for an unspecified Aldurian client. Delivery date is scheduled for 1691.

6. The Board of Directors of the Honourable Company approved and ratified a resolution to direct the Residency office in Bandar-e-saghi to begin plannning and operations for shipyard capacity increase to be at par with, or even greater than Nivardom.

7. The construction of flaktowers, and a ziggurat, as well as a new Residency office at Petronium, Constancia shall also commence this year, after formal institution in accordance with Imperial Constanician law. Planning is ordered to begin immediately.

[Primo de Aguilar]

18.IV.1687 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. The Board of Directors of the Honourable Company approved and ratified the incorporation of Eura Ship Building, Euran Submersible Business, Euran Safety Business, Euran Security Business, and Eura Sewerage Business.

2. ESB Keltia and ESB Parap are directed to accumulate via purchase, using Group Treasury funds, and in the name of the Honourable Company proper, five per centum of all listed companies at the Parap Stock Exchange, at prices directed by the Financial and Legal Directorate.

3. ESB Parap is directed to accumulate via purchase, using Group Treasury funds, and in the name of the Honourable Company proper, five per centum of TransFederal Exchange.

4. In line with expansion plans, Group Treasury funding will be made available to the Imperial Bank for Keltian Development, a subsidiary of ESB Keltia.

4. Group support is requested for ESB Construction, in light of its position as a potential Group revenue center for the next seven years.

5. Imperial Constancian Airways Corporation and Euran Sathrati Business Airlines are directed to plan and prepare accordingly for the establishment of Emperor Edgard II International Airport at Cardenas.

6. The Financial and Legal Directorate is directed to accumulate via purchase, using Group Treasury funds, and in the name of the Honourable Company proper, five per centum of Armaments of Alduria and Phillips-Riehl Company.

7. The Financial and Legal Directorate is authorized to invest otherwise uninvested Group Treasury capital in New Prosperity bonds of the Infrastructure Development Bank of the Federation of Alduria and the Wechua Nation.

8. ESB Benacia is directed to accumulate via purchase, using Group Treasury funds, and in the name of the Honourable Company proper, five per centum of Ransenari Mining Company, Ransenar & Alduria Banking Group, Kerularios & Company, RanFARM Foods, TeleRan and Grand Market Financial Corporation, listed companies at the Goldfield Bourse, at prices directed by the Financial and Legal Directorate.

9. Taking into consideration developments in the Corum continent, a Residency office is established at Zuid-Richel, with a liaison office at Joseph Town, both in the South Sea Islands.

[Primo de Aguilar]

21.VIII.1687 - Aqaba

The Honourable Company is pleased to report the following agreements reached at a meeting of the Board of Directors held today:

1. After some consideration, the the Board of Directors has decided to conduct a strategic reassessment of business opportunities in the Micras Balkans region. Reorganization of Elmaovo Securities Brokerage of Jaris shall continue forthwith, and the Group is directed to provide adequate assistance as necessary. The Board of Directors is pleased to confirm the appointment of Vukaylo Ristovic as Senior Vice President and Acting General Manager of Elmaovo Securities Brokerage of Jaris, the first Krasnocorian to hold the office, effective 1.X.1687.

2. The Board of Directors of the Honourable Company accepted with regret the retirement of Manouchehr Khosravi as Director of Keltian Operations. Director Khosravi's long service to the Group is duly acknowledged, and the Board of Directors resolved to congratulate Director Khosravi on his election as Chief Executive of Cario Entertainment Corporation, effective 1687.

3. The Honorable Company is pleased to announce Maximinus Kerularios as new Director of Keltian Operations, and is welcomed to the Board of Directors.

4. The Honorable Company is pleased to further announce that 1% of the group net profit for 1683 and 1684 has been appropriated to the general fund of the ESB Foundation.

5. In response to queries from the Benacian Directorate with respect to Article the Fifth of the Memorandum of Association, and upon recommendation of the Financial and Legal Services Directorate, the Board of Directors resolves to approve the plan reallocating the annual ten percentum of all profits derived by the activities of the Benacian Directorate, beginning 1672 and henceforth, to a Special (Goldshire) Fund held in trust, under the administration of the ESB Foundation, amounting to the equivalent of 50,308,457,019 Natopos. The principal shall not be expended, and interest and earnings thereof shall be dispensed by the Foundation for the social ameloriation of the historic territory of the Kingdom of Goldshire.

6. The Board of Directors of the Honourable Company approved and ratified the expansion of the ESB Foundation to all continents, and commands Directorates and Residencies to ensure adequate office space and logistical and staff support for the Foundation.