Board Resolution.docx

Republic of the Philippines ) Mandaue City ) S.S. BOARD OF DIRECTORS RESOLUTION FOR OPENING A BRANCH AND LEASING CORPORATE OFFICES FOR WDC DEVELOPMENT CORPORATION I, Glenn Bayon, of legal age, Filipino, being the duly elected President of WDC Development Corporation, a corporation duly formed and registered in the Philippines and having its registered office at SUITE II, WDC Bldg., Centro, Mandaue City, had a special meeting on December 12, 2018 at the office of the Corporation at which a quorum was present, and has agreed and resolved the following: WHEREAS, the WDC DEVELOPMENT CORP. shall establish a branch in Toledo City, Cebu, Philippines. WHEREAS, the Board of Directors of WDC DEVELOPMENT CORP.. shall lease the property of Mr. Federico Mondragon. 1. 2.

The Company shall establish a branch in Toledo City, Cebu, Philippines, under the operating name of WDC DEVELOPMENT CORP. TOLEDO BRANCH. The Company shall lease an office owned by Federico Mondragon in Toledo City. “RESOLVED THAT consent of the Board of Directors of the Company be and is hereby accorded for opening a branch office of the Company at Toledo City” “RESOLVED, That WDC DEVELOPMENT CORPORATION be, as it is hereby, authorized to lease an office space at Toledo City.” “FURTHER RESOLVED, that the Board of Directors thereby authorizes Glenn Bayon, the President of this Corporation, to act on behalf of WDC DEVELOPMENT CORPORATION in entering into any agreement with Mr. Federico Mondragon; and to sign for and perform any and all responsibilities in relation to such agreement.

3.

The Company confirms that the Authorized Signatory below is empowered to sign on behalf of and bind the Company.

Glenn Bayon, President Dennis Mirasol, Member Natalie Miñoza, Member 4.

That this Resolution is still in force and has not been amended and revoked.

The undersigned, certifies that I am the duly elected President of WDC DEVELOPMENT CORPORATION and that the above is a true and correct copy of a resolution duly adopted at a meeting of the Directors thereof, convened and held in accordance with State law and the Bylaws of said Corporation on December 12, 2018, and that such resolution is now in full force and effect. IN WITNESS THEREOF, I have hereunto set my hand this day of 12th of December 2019 and have attached the seal of this Corporation to this resolution. GLENN BAYON President SUBSCRIBED AND SWORN to before me this 15th day of January 2019 at A.C. Cortez, Mandaue City, affiant exhibiting to me this competent evidence of identity: TIN ID No. 223-499-220. NOTARY PUBLIC Doc. No. ____; Page No. ____; Book No. ____; Series of 2014.