8 March 2023

Ms. Annabelle Corral-Respall

Director
Securities and Exchange Commission
Unit 10 & 11 Redkey Building corner
Hernaez & Jocson Streets,
Barangay Taculing, Bacolod City

Dear Madam:

Please be advised that at the 27 February 2023 Board Meeting of Rural Bank of Silay City, Inc. (the
“Company”), the Board passed and approved a resolution authorizing the following:

A. That the Annual Stockholders’ Meeting (ASM) scheduled on the third Saturday of March, as per
the by-laws will be postponed due to most directors and stockholders are unavailable and the
annual reports are under process.

B. That the Board has set the Annual Stockholder’s Meeting on the 21 st of April 2023, Friday,
3:00P.M., via remote communication. The Record date for purposes of determining the
stockholders of record entitled to notice of and to vote at said meeting is January 26, 2023.

C. The agenda for the Annual Stockholder’s Meeting is as follows:

1. Call to Order
2. Proof of Certification of Notice and Quorum.
3. Approval of the Minutes of the Annual Meeting of the Stockholders held last 02
April 2022
4. President and Treasurer’s Report
5. Election of Directors for the current year
6. Approval of the Audited Financial Statements for the year ended December 31,
2022
7. Confirmation on the appointment of Edgardo Molina as External Auditor of the
bank
8. Approval of Acts/Resolutions of the Board and Management from January 31,
2022 to December 31, 2022
9. Other Matters
10. Adjournment

This formal written notice is submitted in compliance with the rules and regulations of the Exchange.

Pursuant to the requirements of the Securities and Exchange Commission, the Company has
duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Michelle Marie S. Ledesma

Corporate Secretary
Rural Bank of Silay City, Inc.