ACME GAS CORPORATION

Head Office & Plant Producer of Liquid Oxygen *Liquid Nitrogen * Liquid Argon Telephones: 911-0507 /
911-0491
39 Mirasol Street * Medical Oxygen * Industrial Oxygen * Nitrous Oxide * Carbon 911-2053
Cubao, Q.C. Dioxide * Hydrogen * Acetylene * Compressed Air * Welding Fax: 911-2057
Philippines Equipment and Supplies e-mail:
acmegas@smartbro.net
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BOARD RESOLUTION

We the undersigned majority members of the Board of Directors of Acme Gas Corporation duly
organized and existing under and by virtue of the laws of the Republic of the Philippines do
hereby certify that during the meetings of the Board of Directors of the corporation held at its
principal office at No. 39 Mirasol Street, Cubao, Quezon City on the following dates:

- August 05, 2010

- January 14, 2012
- July 14, 2012
- October 5, 2012
- October 22, 2012

which are duly called for the purpose, a quorum being present and acted throughout, the
following resolutions were unanimously adopted and are in full force and effect to wit:

“WHEREAS, as appearing on the records, the corporation agreed to pay the

amount of Php 445,063.00 toward Nestor D. de Castro Jr.’s Security Bank credit card
on June 09, 2010”.

“RESOLVED as it is HEREBY RESOLVED, the Board has agreed to sell the

corporations (Acme Gas, Acme Steel, ACPI, Filipinas Estate, Bicol Grains) properties
to pay off existing government obligations and whatever proceeds remaining from
the sale shall be divided equally to the managing officers of the corporation, Grace
deCastro McAuliffe, Victor D. de Castro and Hector D. de Castro”.

“RESOLVED FURTHER, as appearing on the records that all advances made

or paid by the corporation to Nestor D. de Castro Jr. shall be equally given to the
following stockholders/directors; Grace deCastro McAuliffe, Victor D. de Castro and
Hector D. de Castro”.

“RESOLVED FURTHERMORE, as appearing on the records, that whatever

proceeds shall be divided for “EQUALIZATION PURPOSES”; which shall be divided
equally among Grace deCastro McAuliffe, Victor D. de Castro and Hector D. de
Castro”.

"RESOLVED, FINALLY, that this Resolution shall remain in full force and
effect until the mandate is accomplished.”

Page 1 Board Resolution

Accordingly, We further CERTIFY that the above Resolution remains in full force and effect,
consequently it has not been amended or revoked and attest that the signatures appearing
below are the signatures of the officers authorized to represent the corporation by virtue of this
resolution.

Quezon City, Philippines, _____________.

ACME GAS CORPORATION

By:

VICTOR D. de CASTRO
Corporate Secretary
Specimen Signatures:

GRACE de CASTRO-McAULIFFE
President
Tin# 154-129-035

HECTOR D. de CASTRO
Chief Operations Officer
Tin# 100-341-937

VICTOR D. de CASTRO
Treasurer
Tin# 154-129-019

SUBSCRIBED AND SWORN to before me in Quezon City, Philippines, this ____ day of
_______________ by Victor D. de Castro, personally who has satisfactorily proven to me
through his Community Tax Certificate No. 13897279 issued on January 10, 2013 at Quezon City
and TIN ID# No. 154-129-019-000, that he is the same person who personally signed the
foregoing document before me and acknowledged that he executed the same.

Doc. No. _____; Notary Public

Page No. _____;
Book No. _____;
Series of 2013.

Page 2 Board Resolution

Page 3 Board Resolution