DIRECTORS CERTIFICATE

OF
INCREASE OF THE CAPITAL STOCK OF
GIGATECH, INC.
We, the undersigned, being the Chairman of the Board, Secretary, and a majority of
the Board of Directors of GIGATECH, INC. (the Company), a corporation duly organized
and existing under and by virtue of the laws of the Philippines, with principal office at Block
2 Lot 1 Duhat St., Mon-El Subd. San Antonio, Paraaque City, hereby certify that:
1. A special meeting of the Board of Directors was duly called and held on
September 6, 2015 where the increase in the capital stock of the Corporation and
amendment of the Articles of Incorporation were approved by at least a majority
of the directors present at the meeting, and a Special Meeting of the stockholders
was duly called on September 6, 2015 and held for the purpose of considering the
increase in the capital stock of the Corporation; and that all the requirements of
under the Corporation Code have been complied with.
2. Stockholders owning at least two-thirds (2/3) of the entire issued and outstanding
shares of stock of the Corporation were present in person or represented at the said
Special Meeting of the stockholders.
3. At the said Special Meeting of the Stockholders, stockholders owning more than
two-thirds (2/3) of the issued and outstanding capital stock approved the increase
in the authorized capital stock from Php10,000,000.00 divided into 100,000
common shares at the par value of P100.00 each, to Php25,000,000.00 divided
into 250,000 common shares at the par value of Php100.00 each.
4. At the said Special Meeting of the Stockholders, stockholders owning more than
two-thirds (2/3) of the issued and outstanding capital stock of the corporation
approved and adopted the following resolutions:
RESOLVED, that the stockholders of GIGATECH, INC. (the Corporation)
authorize, as they hereby authorize, the increase of the authorized capital stock of
the Corporation from TEN MILLION PESOS (Php10,000,000.00) Philippine
Currency, be increased to
TWENTY-FIVE MILLION PESOS
(Php25,000,000.00) Philippine Currency, divided into 250,000 shares with a par
value of ONE HUNDRED PESOS (Php100.00) per share;
RESOLVED, further, that to reflect that said increase, the present provision
of Article Seven of the Articles of Incorporation be, as it is hereby amended, to
read as follows:

That the authorized capital stock of the corporation is TWENTY-FIVE

MILLION PESOS (Php25,000,000.00) ONLY, Philippine Currency , and said
capital stock is divided into TWO HUNDRED FIFTY THOUSAND (250,000)
shares with a par value of ONE HUNDRED PESOS (Php100.00) each share.
RESOLVED, finally, that the Board of Directors of the Corporation be
hereby authorized to take whatever steps are necessary and appropriate to
implement the foregoing resolutions.
5. The amount of said increase in the authorized capital stock of the corporation is
FIFTEEN MILLION PESOS (Php15,000,000.00) consisting of 150,000 shares
at the par value of ONE HUNDRED PESOS (Php100.00) per share.
6. In respect of the proposed increase of FIFTEEN MILLION PESOS
(Php15,000,000.00) in the authorized capital stock of the corporation, the
following subscribers have subscribed and paid in the form of cash to the
Corporation for their subscription, with the number of shares and the amounts
indicated below:
Name

Nationality No. of Shares

Declared

Amount

ZOSIMO G. MERCADO

Filipino

96,000

9,600,000.00

LORENA B. MERCADO

Filipino

43,500

4,350,000.00

MARINO M. BOOL

Filipino

3,150

315,000.00

SALUD M. CRUZ

Filipino

4,200

420,000.00

JESUS G. MERCADO

Filipino

3,150

315,000.00

TOTAL

150,000 15,000,000.00

7. The Corporation has no actual indebtedness as of this date and no bonded

indebtedness has been incurred or increased.
(Signature page follows)

IN TESTIMONY WEHREOF, we have hereunto signed this Certification on this

___ day of _______________ at _____________.

ZOSIMO G. MERCADO
Chairman of the Board

LORENA B. MERCADO
Director & Corporate Secretary

MARINO M. BOOL
Director
COUNTERSIGNED:
_________________________

________________________

SUBSCRIBED AND SWORN to before me this ____ day of _______ 2015 at ___________,
affiants is exhibiting to me their respective competent evidence of identity as follows:
Name

Competent Evidence of
Identity

Zosimo G. Mercado

TIN No. 163-869-923

Lorena B. Mercado

TIN No. 127-597-691

Marino M. Bool

TIN No. 211-699-148

Doc. No. ____

Page No. ____
Book No. ____
Series of 2015.