REPUBLIC OF THE PHILIPPINES)

___________________________ ) S.S.

SECRETARY’S CERTIFICATE

I, _Charisse Ann B. Taligan-Ambas_, of legal age, Filipino, _married_ and with office address
at _FA 249 Senly Loy Building, Km. 4, Balili_, La Trinidad, Benguet, after having been duly sworn to
in accordance with law, hereby certify as follows:

1. I am the duly elected and qualified Corporate Secretary of _Young Men’s Christian Association
of the City of Baguio, Inc._ (the “CORPORATION” herein) a corporation duly organized and
existing under Philippine laws, with principal office located at _Post Office Loop, Salud Mitra,
Baguio City, Benguet.
2. According to the corporate records, at the meeting of the Board of Directors of the Corporation held
at _YMCA of the City of Baguio, Inc._ Baguio City, Benguet, on _October 21, 2023_ duly called
for the purpose upon prior notice to all directors, at which meeting a quorum was present and
acted throughout, the following resolutions consistent with the Articles of Incorporation and By-laws
of the Corporation were duly approved:

BOARD RESOLUTION NO. _RBM 10-07-23_

“RESOLVED, AS IT IS HEREBY RESOLVED, that the CORPORATION hereby

authorizes, consents to and approves to purchase the following vehicle/s:

Quantity Make/Model Unit Price

1 unit Toyota Hiace GL Grandia Tourer Php

and apply for, negotiate and obtain an auto loan and/or credit facility with Bank of
Commerce and/or any of its branches, subsidiaries or affiliates (singularly or
collectively referred to as the “Bank”) together with _Young Men’s Christian
Association of the City of Baguio, Inc._, the latter being the co-borrower, for
financing the motor vehicle/s, to be purchased, in the total amount of PESOS:
_________ PESOS ONLY (Php __________.00), Philippine Currency, or such
amount that may be granted by the Bank, including renewals, extensions and
amendments thereof, whether such loan is in the nature of new, separate or
additional obligations, by issuing post-dated check/s in favor of the Bank in the
amount/s equivalent to the monthly amortization or full payment of the said loan,
including interest and other charges and as may be necessary under such terms
and conditions as may be acceptable to the Bank and as security a security for the
loan; to mortgage or otherwise encumber the vehicle’s to be purchased or other
partnership/corporate asset;

RESOLVED LIKEWISE, that any _two_ (2) of the following, with their specimen
signatures below, be authorized to sign, execute, obtain, deliver and/or receive for
and in behalf of the Corporation, any and all documents or instruments related to
the resolutions hereunder, including but not limited to Promissory Note/s,
Disclosure Statement/s, Chattel Mortgage/s / Security Agreement, Automatic Debit
Agreement, Authority to Pay, Authority to Disclose to Credit Bureaus, Check,
insurance coverage and all other related documents or papers necessary to the
availment of the loan/credit facility, as well as to receive the loan proceeds or to
withdraw the funds of the corporation or to assign the proceeds of the loan in favor
of the Car Dealer/Seller and appoint or designate an attorney-in-fact to perform the
foregoing acts:

Name Position Specimen Signature

Jeffreyson M. Pakias President

Robert B. Sison General Secretary

 RESOLVED MOREOVER, That the foregoing authorized representative/s is/are
also hereby authorized to receive the subject motor vehicle/s and/or surrender the
same upon the occurrence of an event of default and/or to execute the necessary
documents for the amendments, renewals, extensions or settlement of the auto
loan, including but not limited to restructuring of the loan dacion en pago, or sale of
the of the subject motor/s in favor of the Bank, as well as upon full payment of the
loan/credit facility, to sign, execute, deliver and receive and all documents
necessary for the release of the collateral documents for the above auto loan of the
Corporation, which include the Land Transportation Office (LTO) Official Receipt of
Registration (OR) and Certification of Registration (CR) [LTO ORCR], Chattel
Mortgage/Security Agreement, and Cancellation of the Chattel
Mortgage/Termination of the Security Agreement, and appoint or designate an
attorney-in-fact to perform the aforementioned acts;

RESOLVED FURTHER, That the CORPORATION hereby confirms, ratifies and

accepts as valid all acts and transactions performed or taken and documents
executed by the aforementioned authorized signatory/ies and/or his/her/their
representative/s pursuant to and in accordance with these instructions, or prior to
the adoption of this resolution;

RESOLVED FURTHERMORE, That the CORPORATION hereby holds the Bank

free and harmless from, and undertakes to indemnify the latter for, any loss or
damage that may arise from these resolutions and/or any dispute involving the
availment of the loan with the Bank and/or release by the Bank of the collateral
documents for the subject auto loan to the authorized signatory/ies and/or
his/her/their representative/s, its payment of the auto loan with the Bank as well as
any and all transactions entered by the CORPORATION relative thereto;

RESOLVED, FINALLY, That the Bank, its directors, officers, employees, agents or
authorized representatives are each entitled and authorized to rely on these
instructions shall not be liable for any act done or suffered by them based on the
above instructions, it being understood that any and all risks and costs arising from
the above instructions shall be for the Corporation’s sole and exclusive account.”

3. That the foregoing arrangement is hereby confirmed to be beneficial to and in furtherance of the
business of the Corporation and will redound to its benefit.

4. That the above resolution/s are and shall remain valid, binding and subsisting unless the Bank
subsequently receives a Secretary’s Certificate or Board Resolution superseding, modifying or
invalidating the above referred resolution/s.

FURTHER AFFIANT SAYETH NAUGHT.

Charisse Ann B. Taligan-Ambas

Corporate Secretary GGG

Attested by:

Jeffreyson M. Pakias
President

SUBSCRIBED AND SWORN to before me this ____ day of __________ in __________,

Philippines, affiant exhibiting to me his/her Government-issued ID, particularly, TIN ID, with Number
483-964-137 issued at BIR. ______________.

NOTARY PUBLIC

Doc. No. _______;

Page No. _______;
Book No. _______;
Series of 2023.