RESOLVED AS IT HEREBY RESOLVES THAT pursuant to a motion that was unanimously approved by the

Board of Trustees, a Committee to study the Articles of Incorporation and By-Laws of the Dan-ag sa
Dakbayan Broadcasting Corporation of the Board of Trustees of the same Corporation be and is hereby
constituted comprising of the following members of the Board of Directors of the Company as members
herein:

1. Judge Armando S. Adlawan, Committee Chairman

2. Atty. Fr. Lhem J. Naval, Member

3. Fr. Nestor C. Duhilag, LLB, Member

RESOLVED FURTHER THAT the Committee Chair and/or members shall present update on the matters by
which this committee and members therein are constituted on the succeeding Board meetings.

Unanimously approved.

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The Manager voiced out that aside from the salaries and benefits due to the employees as hereinabove
resolved, there is still a need for the installation and upgrading of the transmitter and tower located in
Tinago, this City.

Member Cipres intimated the Board her willingness to donate Three Hundred Thousand Pesos only (PhP
300, 000) for the transmitter and tower, provided that there be a complete list of materials needed by
which the money to be donated shall be thereupon utilized.

The Chair thanked Member Cipres for her generosity.

Member Naval reiterated the point and caveat of Member Cipres in donating the amount, that there
shall be a list of materials for which such amount be utilized and that it shall be properly accounted and
presented next meeting. Absence of such caveat, donation shall not take effect. This is to ensure that
the amount donated shall not be misappropriated and juggled to other purpose outside of the intent of
the donor herself.

Proposal was taken into a motion by the same and unanimously approved, thus, hereunder resolution:

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DDBC-BOT Resolution No. 2017-03

Dated 21 August 2017

RESOLVED THAT pursuant to the motion that was unanimously approved by the Board of Trustees, the
Chair hereby accepts the Donation of Three Hundred Thousand Pesos only (Php 300,000) from Member
Marlyn O. Cipres, to finance the amount needed for the transmitter and tower to be installed in Tinago,
Ozamiz City.

RESOLVED FURTHER THAT the terms of reference of such donation shall, inter-alia, include the
following:

1. The Manager has to present a duly furnished list of all materials needed and their quotation.

2. The expenses from which such shall be properly liquidated and presented by the Manager next
meeting.

Unanimously approved.

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Member Mendoza proposed that the Manager should come up with a budget for the remaining months
of 2017, attached therewith proper liquidation papers which shall also be presented next meeting.
Furthermore, Member Adlawan proposed that all pertinent papers involving accounting and other
financial matters shall be properly scrutinized, checked, approved or otherwise, by a member of the
Board whose experience in this matter is established.