Member Adlawan moved that Member Cipres be authorized by the Board for this purpose.

Motion
seconded by Member Naron, and unanimously approved, thus, hereunder resolution:

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DDBC-BOT Resolution No. 2017-04

Dated 21 August 2017

RESOLVED THAT pursuant to the motion that was unanimously approved by the Board of Trustees, that
this same Board authorized Member Mrs. Marlin O. Cipres, to scrutinize, check, and approved or
otherwise approve after due correction, all pertinent papers involving accounting and all other financial
matters of the Radio Station DXDD.

RESOLVED FURTHER THAT this authority is hereby subject to the monitoring of the Chair of the Board
and other members thereof.

Unanimously approved.

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Member Naval inquired to the Manager any list of so-called bad debts. In his brief stint as Assistant
Manager, he discovered a lot of unpaid debts by block timers and advertisers, which to his assessment,
people in the finance and accounting department are not interested of going after.

Member Adlawan proposed that there must be a clear policy as regards bad debts.

The Chair intimated that it is only the Board that can declare bad debts and not any ordinary employee
of the Station.

Member Cipres, expressing from experience, that DXDD people in charge of sales must clearly explain
the terms and conditions of advertisement contracts, and that proper issuance of official Receipts only
be effected to avoid possible and even a thought od corruption on their part.

The Manager said that there are station Official receipts given to NDBC in Manila.
Member Naron proposed that these official receipts shall be recalled.

Member Naval said that following Internal Revenue laws, receipts shall only be issued at the business
situs, which is Ozamiz City.

Member Mendoza reiterated the need for organization operational review.

Member Naval, putting emphasis on the existence now of a working Board, proposes that the Chair
should somehow refrain from meeting the employees directly without following the principle of
subordination. The employees should address their concerns to the Manager, thereby the Manager shall
be accountable before the Board, in accordance to Corporation Law.

The Chair acknowledges that he has double roles, that of a Chair of the company and that of a father
being a bishop. Member Naval pointed out that the Chairs being a Bishop is not the issue here, he has
all the preference to exercise his fatherly care towards the employees. The challenge here is to put into
proper perspective corporate organizational flow and dynamics, in reiteration of what has been
previously reiterated by member Mendoza, that of organizational overhaul.

Member Naval, reminded the Board, in accordance to the Corporation Law and other laws appurtenant
thereto, that all decisions of the Board shall be final and executory. And that the Manager is duty bound
to follow and execute what has been decided by the Board.

The Manager is not authorized to perform, act, and decide on his own without the approval of the
Board. Any violations thereof shall constitute an ultra vires act on his part.

Next Meeting