GREAT BEAN INC.

Brgy. Cagdara-o, Guiuan, Eastern Samar

(046) 987-6543 greatbeaninc@gmail.com

MINUTES OF THE MEETING

07 OCTOBER 2021

I. CALL TO ORDER

The Chairperson, MS. AILYN A. AÑANO, called to order the regular meeting of the
GREAT BEAN INC. (herein referred to as the “CORPORATION”) on 03 October 2021
through remote communication (zoom conference).

II. ROLL CALL AND DETERMINATION OF THE EXISTENCE OF A QUORUM

The Corporate Secretary, MS. ANJELLA GRACE C. MABAIT, conducted a roll call.
The following directors, stockholders, and participants were present:

➢ MS. AILYN B. AÑANO - Chairperson

➢ MS. JOCELYN C. CATAPANG - President
➢ MS. ANJELLA GRACE C. MABAIT - Secretary
➢ MS. MARICAR A. MENDOZA - Treasurer

x-----------------------------------------x

➢ MS. EDEN P. ARAGON - Director

➢ MR. ARVIN G. COLLADO - Director
➢ MS. MARILOU F. RIVERA - Director

MS. ANJELLA GRACE C. MABAIT, upon examination of the list of

attendees/participants on hand and consideration of the total number of shares
outstanding subscribed by them, had determined and thereafter confirmed the
existence of the required quorum for the transaction of business whatsoever of the
CORPORATION.

By virtue of such determination and confirmation, the Chairperson, MS. AILYN B.

AÑANO, thereby declared the existence of the required quorum.

III. APPROVAL OF MINUTES OF THE LAST MEETING

The Corporate Secretary, MS. ANJELLA GRACE C. MABAIT, read the minutes from
the last meeting held on 01 October 2021. EDEN P. ARAGON moved for the
approval of the said minutes, such approval seconded by DIRECTOR MARILOU F.
RIVERA.

There being no corrections raised or amendments proposed, the minutes was

approved as read.

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IV. MEETING PROPER/DISCUSSION OF AGENDAS

In view of the CORPORATION’s need to expand its operation and for a more
convenient location considering its proximity to the coffee capital of the
Philippines, Amadeo, Cavite, a transfer of the corporate address has been resolved
to be beneficial to its operation. The previous address at BRGY. CAGDARA-O
GUIUAN, EASTERN SAMAR has been changed to BRGY. HUGO PEREZ, TRECE
MARTIRES CITY, CAVITE. This change to the Corporation’s address shall be made
effective on the 1st of November, 2021.

Upon a vote of the majority of the holders of the current total shares outstanding
– as reported by the Corporate Secretary – who were present during the meeting
through remote communication, amounting to a total of 90.5% of the said shares
outstanding, the amendment of the Corporation’s address was thereby approved.

The Chairperson, MS. AILYN B. AÑANO, thereafter ordered that such board
resolution of the matter subject of discussion – be put on record and be signed
accordingly by the members of the board.

V. ADJOURNMENT

There being no other matters or questions to which the Board of Directors must
attend to and act upon, the Chairperson, MS. AILYN B. AÑANO, declared that the
meeting was adjourned.

Minutes prepared and submitted by:

ANJELLA GRACE C. MABAIT

Corporate Secretary

Minutes approved by:

AILYN B. AÑANO
Chairperson

JOCELYN C. CATAPANG
President

ANJELLA GRACE C. MABAIT

Corporate Secretary

MARICAR A. MENDOZA
Treasurer

ARVIN G. COLLADO
Director

MARILOU F. RIVERA

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Director

EDEN P. ARAGON
Director

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