Dear Sirs!

By this Letter we shall express our respect and sincere appreciation to Mr. BORIS PAKHOL, external independent expert on HR & management consulting for his expertise, high professional standards, competence and focus on the business results as well as pure partnering approach with our different projects, i.e.:

Effective Management of Business Processes in Crisis

Motivation and Business Results,

Long-Term Approach in HR and Challenges of New Generations, and others.

We also appreciate Mr. PAKHOL’s high self-discipline and willingness to respond quickly to changing business challenges, as well as ability and wish to practically adopt leading international management and scientific learnings into business practice and reality.

We hope to continue working with Mr. PAKHOL for many years of reliable and fruitful partnership.