Agenda item

Advance Northumberland Ltd and its subsidiaries – Request For Reserved Matter Approval

To request formal Shareholder approval of Reserved Matters under the current Articles of Association of Advance Northumberland Ltd (“Company”) and its subsidiary companies Advance Northumberland (Commercial) Ltd, Advance Northumberland (Developments) Ltd, Advance Northumberland (Housing) Ltd, and Advance Northumberland (Finance) Ltd (together the “Advance Subsidiaries”) to:

I.        Adopt new Articles of Association of the Company and the Advance Subsidiaries

II.       Approve a Financial Delegation Policy of the Company and the Advance Subsidiaries, and

III.      Approve the Role Profile for the “Controlling Shareholder Representative”