The Board of Directors of Cityland Development Corporation (CDC) during the special board meeting on December 23, 2014 to take effect on January 01, 2015: Ms. Emma A. Choa is appointed as Executive Vice President and Treasurer while Mr. Rudy Go is appointed as Senior Vice President, Chief Financial Officer, Compliance Officer and Corporate Information Officer in view of the retirement of Ms. Rufina C. Buensuceso as Executive Vice President, Compliance Officer and Corporate Information Officer, who will be retained by CDC as Consultant. Ms. Melita M. Revuelta, Vice President, is appointed as alternate Compliance Officer and alternate Corporate Information Officer.