BOARD RESOLUTION

WE, the undersigned, all Filipinos, of legal age, with office address at Bacolod
Bunny Ranch Inc. in Goldenfield Commercial Complex, Singcang-Airport, Bacolod City,
Negros Occidental, state that:

1. We are the incumbent members of the Board of Directors of BACOLOD

BUNNY RANCH, INC. (the “Corporation”), a corporation incorporated and
existing under Philippine laws, with present address at Goldenfield Commercial
Complex, Singcang-Airport, Bacolod City.

2. At a meeting of the Board of Directors held on November 30, 2017, during

which a quorum was existing and acting throughout, and the following
resolutions were unanimously approved:

“RESOLVED, as it is hereby RESOLVED that the Board of Directors of the

Corporation do hereby authorized Ms. Nonalyn Borja, the Corporate Treasurer,
to bring, file, initiate and institute cases, complaints, petitions and any and all
actions for and in behalf of, and to protect and vindicate the rights, of the
Corporation as to any and all matters affecting its interests, properties, business,
goodwill, as well as to defend the corporation in any and all actions that may be
brought or filed against it in any court, tribunal, administrative or quasi-judicial
body or forum, with full and special power and authority:

(a) to cause and authorize the preparation and filing of all

pleadings, motions, memoranda, affidavits, and such other
papers or documents as may be needed in the course of the
trial;

(b) to sign and execute all verifications and certifications of non-

forum shopping and other procedural requirements for
pleadings filed on behalf of the Corporation for any and all
cases instituted or to be instituted by or against the
Corporation;

(c) to appear for and in behalf of the Corporation in all mediation

proceedings and judicial dispute resolution hearings;

(d) to enter into amicable settlements or compromises;

(e) to submit to alternative modes of dispute resolution;

(f) to enter into stipulations or admissions of facts and of

documents;

(g) to exercise acts enumerated under Sec. 2, Rule 18 of the

Revised Rules of Court; and

(h) to appoint and secure the services of a legal counsel or

attorney-at-law to represent the corporation in the
abovementioned actions or proceedings.”

“RESOLVED FURTHER, HEREBY GIVING AND GRANTING unto the said

person full power and authority to do and perform all and every act and thing
whatsoever requisite and necessary to be done in and about the premises and
hereby ratifying and confirming all that the said person shall lawfully do or
cause to be done by virtue of this Resolution.”

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Dated this 30th day of November 2017, at Bacolod City, Philippines.

Nonalyn S. Borja Jonah P. Alba

Board of Director Board of Director

John Lester S. Buenaventura

Board of Director