BOARD RESOLUTION APROVING ELECTION

OF OFFICERS OF LM41 CORPORATION

Board Resolution No. 001

Series of 2019

WHEREAS, upon a motion duly made, seconded, and unanimously carried, in a meeting held at
its corporate office at 2 nd Floor, JA Building, Governor Ramos Avenue, Zamboanga City, at around 12:00
o’ clock noontime of April 02, 2019, it was adopted by the Board of Directors of LM41, corporation,
that:

WHEREAS, LM41 Corporation was organized to operate a hotel and a restaurant that caters to
the guests of the hotel;

WHEREAS, in order to begin business operation LM Corporation shall necessitate funds as

initial capital to be deposited in a bank;

WHEREAS, it is required by law on corporations and banking institutions that LM41

Corporation shall appoint and/or elect its officers, especially the President, the Treasurer and Secretary;

RESOLVED, the Board of Directors of LM Corporation finds and resolves to elect the following
officers:
Chairman & President : Atty. Lovell C. Abad
Vice-President : Dafe A. Abalde
Corporate Secretary : Yusop B. Masdal
Treasurer : Oscar B. Requilme, Jr.

The undersigned, Mr. Yusop B. Masdal, certifies that he is the duly elected Secretary of this
Corporation, and that the above is a true and correct copy of the resolution that was duly adopted at a
meeting of the Board of Directors, which was held in accordance with Philippine laws and the Bylaws of
the Corporation.

Dated: April 02, 2019

ATTY. LOVELL C. ABAD

President

YUSOP B. MASDAL
Secretary

SIGNED:

YUSOP B. MASDAL DAFE A. ABALDE

Director Director

ANNALYN A. ABAD OSCAR B. REQUILME, JR.

Director Director

ATTY. LOVELL C. ABAD

Chairman, Board of Directors