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CARD Mutual Benefit Association, Inc CARD Mutual Benefit Association, Inc. A member of CARD MRI FOR : ALL CARD MBA MEMBERS FROM : CARD MBA PRESIDENT DATE : September 6, 2018 SUBJECT : RATIFICATION OF ALL THE ACTS OF AND RESOLUTIONS OF BOARD OF TRUSTEES ON 2017 Following are the acts and board resolutions approved by the board for the fiscal year 2017. NO. RESOLUTION Resolution approving the Minutes of Regular Board Meetings of CARD 8, 222, 262, 303, 373, 522 Mutual Benefit Association, Inc. for the year 2017 Kumpirmasyon ng mga transaksyong nilagdaan at inaprobahan ng 9, 223, 263, 304, 374, 523 itinalagang authorized signatories sa Punong-Tanggapan ng CARD MBA na nagkakahalaga ng Php 500,000 pababa sa bawat transaksyon 11, 225, 265, 306, 376, 525 Kumpirmasyon ng Kapasyahan ng Lupon ng Patnugot o “Board Resolution” 12, 226, 266, 607, 377, 526 Kumpirmasyon ng Investment ng CARD MBA Resolution approving the execution of the Contract of Lease of CARD Mutual 13, 227, 267, 308, 378, 527 Benefit Association, Inc. (CARD MBA) for its Provincial Offices Kapasyahang pinagtibay ng Lupon ng Patnugot patungkol sa mga 10, 224, 264, 305, 375, 524 Nabayarang Benepisyo at Donasyon 1-3, 47, 164, 191-192, 195-198, 210, 221, 234-236, 241, 244, Resolution authorizing CARD Mutual Benefit Association, Inc. (CARD MBA) 247, 249-251, 259, 275, 278, Provincial Offices to open Accounts with certain banks (RBI, CARD Bank 290, 314-315, 319, 349, 354, Inc., CARD SME Bank Inc., LBP, BPI, ONB, EBI, PNB, QCRB) 359, 415, 442-443, 509, 537, 539-541, 552, 561-562, 579-580 4, 6-7, 19, 26-42, 43-46, 48-163, 165-184, 187-189, 193-194, 201-209, 211-215, 217-220, 233, 238-239, 242-243, 245- 246, 248, 252-258, 260, 274, Resolution designating the new composition of authorized signatories of 276-277, 279-282, 285-287, CARD Mutual Benefit Association, Inc. (CARD MBA) Provincial Offices for 291-302, 316-318, 320-348, their accounts with certain banks (RBI, CARD Bank Inc., CARD SME Bank 350-353, 355-358, 360-363, Inc., LBP, BPI, ONB, EBI, PNB, QCRB) 365-368, 370-372, 391-401, 416-424, 436-441, 444-502, 507-508, 510-513, 516-521, 535, 544-551, 553-555, 557- 560, 563-573, 575-578, 581-604 Resolution authorizing CARD Mutual Benefit Association, Inc. (CARD MBA) 43, 186, 202, 283, 506, 509, Provincial Offices to close their Accounts with certain banks (PNB, BPI, 514-515, QCRB, LBP) Resolution authorizing Provincial Managers and Cluster Manager of CARD 5, 20-21, 23-25, 185,199-200, Mutual Benefit Association, Inc. (CARD MBA) to sign all related documents 237, 261, 284, 288, 434, 503- in mayor’s permit and building construction, renewal of business permit, and 505, 556 process the application for electric, water, and internet connection, on behalf of the association. Resolution confirming the Contract of Lease with CARD Bank Inc., CPMI, 14, 271, 312, 389 CARD Inc., and Rizal Bank Inc. 15 Resolution confirming the Revised Employee Code of Discipline 16 Resolution approving the CARD MBA 2017 Business Plan. Kapasyahang pinagtibay ng Lupon ng Patnugot ang Compliance Operative 17-18 Work Plan at Internal Audit Operative Plan ng CARD Mutual Benefit Association, Inc. (CARD-MBA) para sa taong 2017. Resolution authorizing Senior Admin Manager, Mr. Solomon A. Aramil of CARD Mutual Benefit Association, Inc. (CARD MBA) Main Office to dispose 22 the below stated Identified System Units, old documents and forms of Main Office and Laguna 1 Provincial Office in accordance with the disposal policy of CARD MBA Resolution approving the additional amount of Loyalty Refund Distributed 190 amounting to PHP104, 800.00. Resolution confirming the write off of receivables due to typhoon amounting 228 to Php4,534,044.55 Resolution approving the additional Budget on Information Security Initiative 229 amounting to Php3,192,341.00 Resolution approving the additional staff requirement of Marinduque 230 Provincial Office. Resolution approving the Renewal of Reinsurance Treaty with NATRE 231 amounting to PHP2,225,200.00. Resolution approving the Cost for Mailing Cancellation Letter amounting to 232 P2,169,090.00. Resolution approving the Audited Financial Statements of the CARD 240 Mutual Benefit Association Inc., for the year ended December 2016 Resolution approving CARD Mutual Benefit Association, Inc. (CARD MBA) to purchase an aggregate principal amount of Twenty Million Pesos 261 (Php20,000,000.00) of the Seven (7) Year SM Prime Holdings, Inc. Fixed Rate Bonds Due 2024 at 5.1683% through BPI Capital Corporation, Makati City. 268 Resolution approving the Agreement with CARD MRI Property Holdings, Inc. 269 Resolution approving the Manpower Services Agreement with PRIMORIS 270 Resolution confirming the 8-24 Strategy on Claims Settlement Model 272 Resolution approving the Investment with CARD MRI Hijos Tours, Inc. 273 Resolution approving the Investment with CARD MRI Publishing House, Inc. Resolution approving CARD Mutual Benefit Association, Inc. (CARD MBA) to purchase an aggregate principal amount of Fifteen Million Pesos 289 (Php15,000,000.00) of the Ten (10) Year Aboitiz Power Corporation Fixed Rate Bonds Due 2027 at 5.3367% through BPI Capital Corporation, Makati City. Resolution approving the Transfer of Loan from CMIT to FDS Asya 309 Philippines Inc. Resolution approving the Subscription on the Increase of Authorized Capital 310 Stock with CMIT 311 Resolution approving the Additional Settlement Costs for Davao Property Kapasyahan na kumukumpirma sa Pagtanggap ng Late Registered na 313 Marriage Contract sa Claims Settlement Resolution authorizing Compliance Officer Ms. Jennifer O. Redublo of CARD Mutual Benefit Association, Inc. (CARD MBA) Main Office to act as 364 Data Privacy Officer (DPO) of CARD MBA, Inc. subject for approval of the National Privacy Commission (NPC). Resolution authorizing Mr. Trifon Dimaculangan to process the required documents in MERALCO for Metering Facility Application in Barcelona St. 369 cor. Osmeña St., Brgy. 1, Lucena City, Quezon and to sign all related documents in behalf of the association Kapasyahan na kumukumpirma sa Pagbabago ng Polisiya ukol sa 379 Pagkawala (Missing) ng Kasapi o Lehitimong Kaanak Kapasyahan na nagpapatibay sa Pagbabayad ng Benepisyo ng Kasapi na 380 Mayroong Naipasang Late Registered Marriage Certificate (MC) Resolution approving the Revised Business Plan of CARD MBA from July to 381 December 2017 382 Resolution approving the implementation of LRF Plus 383 Resolution approving the implementation of BLIP Extension Plan 384 Resolution approving the changes to Basic Life Insurance Program Resolution approving the increase of CARD MBA’s shareholdings in CARD 385 MRI Holdings Inc. (CMHI) thru purchase of CMIT’s shares 386 Resolution approving and confirming the Anti-Fraud Manual Resolution approving and confirming the of Appointment of Data Protection 387 Officer Resolution approving the Selling of a Portion of Alveo Property in Silang 388 Cavite Resolution confirming the new set of Board of Trustees (BOT) and Officers 390 on September 06, 2017 during the 18th Year Annual General Membership Meeting of CARD MBA. Resolution designating the new composition of authorized signatories of CARD Mutual Benefit Association, Inc. (CARD MBA) Main Office to all transactions with CARD Bank Inc., CARD SME Bank Inc., Rizal Bank, Inc., Banco de Oro (BDO), Landbank of the Philippine (LBP), Metropolitan Bank 402-414 and Trust Company (MBTC), Philippine Savings Bank (PSBank), Security Bank, Bank of the Philippine Islands (BPI), China Bank, Rizal Commercial Banking Corporation (RCBC), Philippine National Bank (PNB), and Philippine Bank of Communications (PBCOM) Resolution authorizing CARD Mutual Benefit Association, Inc. (CARD MBA) 415 Main Office to open a Current Account with Bank of the Philippine Islands (BPI) San Pablo Branch Resolution designating the new composition of authorized signatories of CARD Mutual Benefit Association, Inc. (CARD MBA, Inc.) to all transactions, including transactions lodged to Registry of Scripless Securities (RoSS) Account with Bureau of Treasury and specifically to our Fixed Rate Bonds 425-432 with BPI Capital Corporation, China Banking Corporation, Philippine Commercial Capital, Rizal Commercial Banking Corporation (RCBC), Security Bank Corporation, Sun Life Financial group of companies, and Philam Asset Management, Inc. 433 Resolution number not used by the Treasury Unit Resolution authorizing Provincial Manager, Ms. Kathrina C. Folloso of CARD Mutual Benefit Association, Inc. (CARD MBA) Camarines Sur Provincial 435 Office to dispose the below stated old documents and forms in accordance with the disposal policy of CARD MBA Resolution Confirming and Approval of IT Security Service Agreement with 528 CMIT Resolution Confirming and Approving the CARD MBA’s Additional 529 Subscription to the Unsubscribed Preferred Shares of Rizal Bank Inc. amounting to Php8,800,000.00 Resolution Confirming and Approving the CARD MBA’s Additional 530 Subscription to the Unsubscribed Preferred Shares of CARD Bank Inc. amounting to Php100,000,000.00 Resolution Approving Loan Agreement with Unihealth-Quezon Hospital 531 which cancels the additional investment amounting to Php 6,460,000 Resolution Approving the Creation of the Related Party Transaction (RPT) 532 Committee 533 Resolution Approving the Proposed New Investment Mix Portfolio Resolution authorizing Ms. Jonah M. Caabay of CARD Mutual Benefit Association, Inc. (CARD MBA) Pampanga Provincial Office to dispose the 534 below stated old documents and forms in accordance with the disposal policy of CARD MBA Resolution authorizing President, Ms. Violeta G. Aquino, and Chief Executive Officer, Ms. May S. Dawat, to sign and execute in behalf of the 536 Association the Memorandum of Agreement between CARD MBA and Palawan Express. Resolution authorizing CARD Mutual Benefit Association, Inc. (CARD MBA) 537 Main Office to open a Regular Savings Account with Rizal Bank, Inc., Sta. Cruz Branch. Resolution authorizing CARD Mutual Benefit Association, Inc. (CARD MBA), with its specific users namely Lorenz Nicole R. Casas, Compiler, Aimee E. Deza, Accounting Officer, and Jenny M. Abanilla, Accounting Assistant, to 538 use Electronic Filing and Payment System (EFPS) as part of the compliance of the top 500 taxpayers of Revenue Region No.
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