SECRETARY’S CERTIFICATE

I, ALBERNINA P. LOPEZ, of legal age, married, Filipino citizen, and a resident of Bacolod City,
Negros Occidental, Philippines, after being duly sworn in accordance with law, depose and state that:

1. I am the duly elected and qualified Corporate Secretary of OILBANK CORPORATION (the
“Corporation”), a corporation duly organized and existing under and by virtue of the laws of the
Republic of the Philippines, with principal office address at Emerald Mansion Building F.
Ortigas Jr., Road Ortigas Center, Pasig City, 1605 Philippines.
2. At the regular meeting of the Board of Directors of the Corporation duly held on August 19, 2019,
during which a legal quorum was present and acting throughout, the following resolution was duly
and unanimously approved and adopted:

BOARD RESOLUTION

RESOLVED, that CARLOS JOSE V. LOPEZ (hereinafter called the

authorized representative) be, and is hereby, designated as authorized
representative of OILBANK CORPORATION (the “Corporation”), and
that the Corporation be, and is hereby, authorized CARLOS JOSE V.
LOPEZ to represent the Corporation as the seller in the Contract to Sell, and
Deed of Sale to be executed between the Corporation and DAMICO
BUILDER AND SUPPLIES, represented by MICHAEL J. DAVID.

RESOLVED, FURTHER, that the subject of the Contract to Sell and

the Deed of Absolute Sale of the property owned by the Corporation, to be
specific is the following:

A parcel of land consisting of THIRTEEN THOUSAND SEVEN HUNDRED AND

NINETY-FIVE (13,795) square meters, more or less, located in Brgy. Sulipa,
Municipality of Gerona and covered by Transfer Certificate of Title No. 043-
2019008493 issued by the Registry of Deeds of Tarlac City, particularly described as
follows, to wit:

Transfer certificate of Title No. 043-2019008493

A parcel of land Lot No. 4033 of the Cadastral Survey of Gerona, Situated in Brgy.
Sulipa, Municipality of Gerona, bounded on the NE., By Lot No. 4036; on the SE. by
lot no. 4028; on the sw. by lot no. 4632; on the W. by lot no. 4034; and on the NW. by
lot no. 4035, beginning at point marked “l” on plan, being N. 80 Deg. 55’E., 468.47
M. from B.L. B. M. No. 3; THENCE S. 8 DEG. 36’W., 49.09 M. to point “2”; thence N.
87 DEG. 14;W., 211.81 M. to point “3”; thence N. 40 Deg. 40’E., 36.56 M. to point “4”;
thence N. 23 deg. 57’E., 46.54 M. to point “5”; thence S. 78 deg. 28’E., 203.71 to the
point of beginning: CONTAINING AN AREA OF THIRTEEN THOUSAND SEVEN
HUNDRED AND NINETY –FIVE (13,795) SQUARE METERS, MORE OR LESS.

RESOLVED, FURTHER, that CARLOS JOSE V. LOPEZ is hereby,

authorized, for and on behalf of the Corporation, (i) to sign, execute and/or
deliver any and all documents, papers, instruments, forms, agreements or
contracts, accept the consideration of the sale, and other things in
connection with or as may be required by, appropriate, necessary, and/or

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 incidental to the processing of the above mentioned and until all process
involving or incidental to the abovementioned is/are done.

RESOLVED, FINALLY, that all things/acts done and documents

executed and entered into by the aforementioned signatories pursuant to
and in accordance with the foregoing parties are hereby affirmed,
confirmed and ratified. Likewise, all things/acts done, and documents
executed and entered into on behalf of the Corporation prior to this
Resolution are hereby affirmed, confirmed and ratified.

3. I hereby certify that below are the specimen signatures of the above-named officer/person duly
authorized and empowered to do and perform the acts/transactions enumerated in the above-
quoted Resolution of the Board of Directors of the Corporation:

Name Specimen Signature

CARLOS JOSE V. LOPEZ

4. The above Resolution is valid, binding and subsisting and shall continue to be the valid, binding
and subsisting instruction of the Corporation such that DAMICO BUILDER AND SUPPLIES,
represented by MICHAEL J. DAVID, their directors should there be any, officers, employees,
agents or authorized representatives have the right to rely upon said Resolution until and unless
DAMICO BUILDER AND SUPPLIES, represented by MICHAEL J. DAVID has received the
original copy of subsequent Secretary’s Certificate or Board Resolution expressly
superseding/invalidating the above referred Resolution.

IN WITNESS WHEREOF, I have hereunto affixed my signature at _____________________ on

_________________________.

ALBERNINA P. LOPEZ
Corporate Secretary

SUBSCRIBED AND SWORN TO before me at _________________________, on

____________________, Affiant exhibiting to me his/her Identification Document __________________ with
No. ___________________ issued at ______________________ on __________________, and expires on
__________________________.

NOTARY PUBLIC

Doc. No.: ________;

Page No.: ________;
Book No.: ________;
Series of: ________.

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