Page 24 - ANNUAL REPORT FINAL

Acts, Deeds, And Contracts 2020-2021

• The Board resolved to authorize the Corporate Secretary, Atty. Bernardo C. Virtucio Sr. and the
external Legal Counsel, Atty. Ian R.P. Malilong to adopt the guidelines in conducting the online
meeting, incorporating the guidelines issued by the Securities and Exchange Commission.

Regular Board Meeting on 16 July 2020

• The Board agreed to conduct of the Annual Stockholders’ Meeting (ASM) via the hybrid option
wherein only the Board can speak and all questions and comments from the members will be sent
thru email during and/or after the ASM.

• The Board resolved to grant authority to the Club’s legal counsel, Atty. Ian Malilong and the Club’s
general manager George Salvador to meet with Reyes Tacandong and to negotiate the professional
fees for the canvassing of votes and checking of proxies for the Annual Stockholders’ Meeting.

Special Board Meeting on 03 August 2020

• The Board of Directors resolved to schedule the 2020 Annual Membership Meeting to 25 August
2020.

Regular Board Meeting on 14 August 2020

• The Board resolved to retain R.G. Manabat & Co. as the external auditor of the Club for 2020.

Organizational Board Meeting on 01 September 2020

• The Board elected the following officers of the Club for 2020-21:

- Mr. Eduardo V. Francisco as President;

- Dr. Jaime C. Laya as Vice President;

- Atty. Simplicio M. Virtudazo, Jr. as Corporate Secretary;

- Atty. Ian RP Malilong as Asst. Corporate Secretary;

- Mr. Rogelio M. Guadalquiver as Treasurer; and

- Mr. Lorenzo Lichauco as Assistant Treasurer.

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