2023-2024-ANNUAL REPORT

2023-2024

MSCI PAST PRESIDENTS

Jaime Zobel De Ayala

Adolfo Duarte

Vicente R. Ayllon

Jovencio F. Cinco

Renato L. Paras

Antonio R. Santamaria

Agustin R. Bengzon

Luis P. Vera

Alfred X. Burgos, Jr.

Felino L. Ampil

Alex Y Pardo

Lucito L. Sioson

Ricardo G. Librea

Victor T. Gomez, Jr.

Ignacio A. Macrohon, Jr.

Claudio B Altura

Cecile H. Cheng

Rogelio G. Villarosa

Sixto S. Sandejas II

Rico V. Domingo

Salvador R. Fabregas

Ricardo G. Librea

Jovencio F. Cinco

Eliseo V. Villamor

Rogelio G. Villarosa

Alicia

As a sports club, the Makati (Sports) Club advocates the promotion of physical well-being and ability, and thus provides means for its members to engage in fitness activities and wholesome relaxation.

It believes in the important role that exercise, sports, and healthy living play in personal development, in the formation and functioning of active minds and bodies, and of physically fit professionals who lead meaningful and productive lives in the service of the community and the country.

It also has a variety of dining and banquet facilities which provide the perfect venue for business and leisure.

Truly, the Makati Sports Club, Inc. is an oasis in the heart of the country’s premier business district and a valuable lifestyle investment you can enjoy.

BoardofDirectors

Ismael L. Melendres, Jr. President

Atty. Simplicio M. Virtudazo, Jr.

Vice President/ Membership Committee Chairman

Dexter E. Quintana

Treasurer/ Finance Committee Chairman

Francisco S. Rondilla Construction/ Committee Chairman

Carlos Simon T. Casas

Socials/ Committee Chairman

Atty. Godofredo C. De Guzman

Corporate Secretary/ HRD Committee Chairman

Eduardo V. Francisco

House/ Committee Chairman

Leopoldo M. Lopez, Jr.

Sports & Games/ Committee Chairman

Emmanuel Y. Mendoza

Planning and Development/ Committee Chairman

ISMAEL L. MELENDRES, JR.

President

PRESIDENT'S MESSAGE

Dear Members of the Makati Sports Club Inc.

I am delighted to present to you the Annual Report for the year 2023-2024, highlighting the remarkable achievements and significant milestones of our Club over the past year.

Facility Enhancements:

We have undertaken several significant projects aimed at enhancing the facilities and experiences we offer to our esteemed members. These include:

The resurfacing of our tennis courts, modeled after the prestigious US Tennis Open courts, demonstrating our commitment to excellence in sports facilities

The renovation of the Zobel main dining area and the bowling alley, providing our members with upgraded and modernized spaces to dine and socialize.

Financial Performance:

The creation of the Sports Hub and the installation of access ramps to the San Antonio and Club, ensuring inclusivity and accessibility for all members.

On the financial front, I am thrilled to report that the excess of Income over expenses before tax grew by approximately 61% compared to the previous year. This significant increase is mainly due to a rise in patronage and the outstanding performance of our Food and Beverage business.

Future Plans:

We are pleased to announce that the Club has allocated a substantial figure for a several important initiatives aimed at further enhancing our facilities and services.These include:

Rehabilitating the bowling alley pin setting machines to ensure our members can continue to enjoy his beloved recreational activity.

Constructing ramps for persons with disabilities (PWD), demonstrating our commitment to inclusivity and accessibility.

Upgrading various club facilities to meet the highest standards of excellence and provide our members with top-notch amenities and experiences

Events and Tournaments:

In addition to these projects, our Club has successfully organized and hosted a variety of events and tournaments throughout the year, including the 48th Anniversary celebration, two car raffles, Octoberfest, Employees’ Sportsfest, and Christmas Party. Furthermore, we have held prestigious sports tournaments such as the Pro Am league, the President’s Singles Cup, and the Chairman’s Cup Doubles, showcasing the talent and dedication of our members.

Community Engagement:

We have also continued our commitment to social responsibility by making meaningful contributions to the community through donations to the CRIBS Foundation and the Salesian Society of St. John Bosco Healthcare Program, reflecting our dedication to making a positive impact beyond the walls of our Club.

Spiritual Enrichment:

Lastly, I am pleased to announce the resumption of Sunday masses at the San Antonio function, providing our members with spiritual nourishment and fellowship.

Conclusion:

As we reflect on the past year, I am filled with pride and gratitude for the collective efforts of our members, staff, and partners in making these achievements possible.Together, we have continued to uphold the legacy of excellence and camaraderie that defines the Makati Sports Club Inc

Thank you for your continued support and dedication to our Club. Together, we will continue to achieve great things and create lasting memories for years to come.

Sincerely,

Ismael L. Melendres President Makati Sports Club, Inc.

HOUSE COMMITTEE

Mr. Eduardo V. Francisco

Chairman

Vice-Chairman: Atty. Simplicio Virtudazo, Jr.

Members: Mr. Jovencio Cinco

Atty. Ian Ray Malilong

Mr. Lorenzo T. Lichauco

The committee is pleased to report its accomplishments for the board year 20232024:

Proposed to Asia Traders Corporation a rental fee of at ₱17,000.00 with one (1) month advance payment and two (2) months deposit for the Pro Shop.

Approval of the Board for the replacement of the old monitors and the purchase of refurbished and new monitors from Puyat Sports for the bowling area amounting to ₱573,121.92.

Proposed the replacement of the air conditioning system and/or unit at the Ayala Banquet Halls.

Approval for the purchase one 6HP aircon each for the Zobel, Dasmariñas, and Bel Air and a 4HP aircon for Gallerie, which will cost around ₱940,000 in total.

Approval of the budget for the procurement of one ice maker machine amounting to ₱350,000.00 and 12 Executive Chairs for the Boardroom amounting to ₱180,000 00 in total

Drafted the rules and regulations for the usage of the Sports Hub in coordination with the Sports Committee to maintain order in the Club.

Approval for the purchase of one (1) industrial oven amounting to ₱595,000.00.

Approval of the procurement of the Membership Card Printer

Food and Beverage Promotions:

Hawaiian-themed Mother’s Day Celebration - 14 May 2023

Mediterranean-themed Father’s Day celebration - 18 June 2023

Japanese Festival from June 19 to 23, 2023 at the Log Cabin.

Salad-All-You-Can introduced on 07 August 2023

Executive Meals launched in August 2023

Japanese Bento Executive Meals

Launching of QR Code for the menu

Sizzling Festival (Bangus, Tofu, and Pork Sisig)

American Thanksgiving Lunch

Gift certificates for lunch buffet at the Zobel Dining Room

Themed Dining at the Bistro Lounge

F&B PROMOTIONS

FINANCE COMMITTEE

Dexter E. Quintana

Chairman

Vice-Chairman: Mr. Francisco Rondilla

Members: Mr Jovencio Cinco

Mr Rogelio Guadalquiver

Mr. Aurelio Alonzo

The Finance Committee presents the following achievements for the Board Year 2023-2024:

Exercised prudent management of the club’s funds including the placement of available cash in higher yielding securities.

Reviewed and updated our accounting and cost control procedure

Reviewed and approved the monthly financial reports.

Reviewed and approved the audited financial statements for the year ended December 31, 2023 as audited by our independent auditors, KPMG R.G Manabat & Co.

Approved and released all funding requirements for Zobel dinning renovation, resurfaced the outdoor tennis court and bowling hub improvements.

Promptly paid the municipal real property tax

Maintained a good credit standing with various suppliers of the club

Improved collection efficiency on delinquent accounts

Generated additional cash flows through auction of delinquent account and treasury share

Funded and provided a Directors and Officers Liability Insurance for its directors and officers

Reviewed the Employee’s Retirement Plan and evaluated the Actuarial Report to ensure that the club is compliant with the provisions of R.A 4917 and ensure that the retirement needs are adequately funded.

The Club achieved a surplus income over expenses after tax amounting to P19 83 million as a result for additional P7.57million net cash flows ended December 31, 2023.

The Financial Statements and the report of Independent Auditors are compiled inside a compact disc (CD) attached to this Annual Report.

HUMAN RESOURCE DEVELOPMENT COMMITTEE

HRD COMMITTEE Chairman Atty. Godofredo C. De Guzman

Vice-Chairman: Mr. Leopoldo Lopez Jr.

Members: Mr. Jovencio Cinco

Mr Sisenando Bengzon

The Human Resource Development Committee is pleased to report its accomplishments for the board year 2023-2024:

Ratified the disbursement/release of the half of the 13th-month pay to the employees.

Proposed to update the HR guidelines

Discussed the salary adjustment for the employees

Discussed the Regional Tripartite Wages issued Wage Order No. 24 requiring the increase of the minimum wage to ₱600.00 or ₱40.00 per day.

Approval of the compliance to Wage Order No. 24.

Discussed a letter from the union about wage distortion in light of the recent wage increase under Wage Order No. 24.

Updated the Board on the Club’s renewal of DOT MICE Accreditation (Meetings, Incentives, Convention, and Exhibition/ Events) which is valid until 30 June 2025.

Discussed with the Board a complaint made by an employee against a member, who had been treating the employees rudely, leaving nasty comments, and snarling inappropriate language.

Proposed increasing the incentive of the employees who will be given loyalty awards and approval to give ₱5,000 00 to all employees who have served for 5 years as their incentive and loyalty award.

Employees’ summer outing on March 18, 2023

Employees’ Sportsfest held on 14 July 2023

Seminar for employees conducted by the Philippine Red Cross-Rizal Chapter on 08 August 2023 about risk and disaster response.

Cooking demonstration, dubbed as Chef-to-Chef Demo, was organized by Nestle Philippines on August 24, 2023

Oath taking of the newly elected union officers on 04 September 2023.

Seminar on bartending techniques on 20 and 21 September 2023

Employees’ Christmas Party held on December 23, 2023

Lantern Making Contest among the employees

Approval for an additional ₱5,000 00, on top of the current monetary award, for those who have reached 10 years and above (for every 5-year increment only).

Approval of the implementation of a new performance evaluation for managers and supervisors

Chairman Mr. Francisco S. Rondilla

CONSTRUCTION COMMITTEE

Vice-Chairman: Mr. Dexter Quintana

Members: Architect Rogelio Villarosa

Mr. Carlos Simon Casas

Thecommitteeproudlypresentsthefollowingaccomplishmentsfortheboardyear 2023-2024:

MAJORPROJECTS:

Resurfacingoftheindoorandoutdoortenniscourts

RenovationoftheZobelDiningRoom

Renovationofthebowlingarea

Installationofthewindowtypeair-conditioningunitsfortheMale&femaletoilets nearClubDeli.

Installationofthenewtablesandchairsinthebowling/SportsHub

ReplacementofACCUScoringsystemmonitor

Resandingandre-varnishingofthebowlinglanes

Replacementofthefrontendmotorofthebowlinglanes1&2

Replacementoftheair-conditioningunitsattheZobeldiningroomandFunction rooms-Dasmarinas,SanLorenzo,Gallerie,andBowlingarea

Re-landscapingoftheClubareas.

Installationofthearcadegamemachine.

Indoor Tennis Courts

Sports Hub and Bowling Area

REPAIRSANDMAINTENANCE

PreventivemaintenanceoftheGymequipment

RepaintingofthePWDrampinthepoolsidecabin.

Replacementofthedefectiveurinalsensorinthemaletoiletandpoolsidecabin.

Installationofthenewbrassdirectionalsignage.

ReplacementofthebustedlightsattheAyalaBanquethall.

Replacementoftheperimeterlightswithhigherlumens.

Fabricationofthewoodentableforpoolsidecabin.

ReplacementofthehighpressureregulatorofmainLPGcylindertank.

Weeklycleaningofswimmingpoolanddriver'squarter.

Repainting,re-upholsteringofthesteelpostoftheindoortenniscourtand repaintingoftennislines.

RepaintingofthesteelchairsinthePoolsideCabinandSportsPavilion

AnnualcleaningofcisternattheclubhouseandPavilion.

MonthlypreventivemaintenanceoftheLifefitnessgymequipment.

Installationoftwounitsofexhaustfaninthebowlingmachineroom.

Repaintingoftheconcretewallintheswimmingpool.

Replacementoftheacousticceilingboardinthebowlingapproach.

Chairman Atty. Simplicio M. Virtudazo, Jr.

HRD COMMITTEE MEMBERSHIP COMMITTEE

Vice-Chairman: Mr. Eduardo V. Francisco

Members: Mrs. Jennifer C. Guerrero

Atty. Ian Ray P. Malilong

The Committee is pleased to report its accomplishments in the year 2023:

Processed 92 applications for membership

Processed 2 applicants for lifetime membership

Inducted 79 new regular and 2 Life members.

Processed 11 over-aged dependents.

Conducted two (2) public auction sale on 24 August 2023, one (1) Class B sold at Php2.0M and on 10 October 2023, One (1) Class A sold at Php2.5M

Collected Php4,607,500.00 transfer and assignment fees for the year 2023

The Committee extends its gratitude to all members for their continued support and cooperation.

LIST OF NEW MEMBERS INDUCTED DURING BOARD YEAR 2023-2024

June 16, 2023

Ronald W Anderson

Leopoldo Fernando Calixto II

Felipe Enrico V. Calvelo

Buck M. Guico

Rosalie Habana

Rogelio C. Lalu

Renato L. Magadia Jr.

Glenn M. Mangaoil

Antonilo D. Mauricio

Meredith Ngo

Elcid C. Pangilinan

Yuichiro Yoi

August 18, 2023

Narciso T Torres, Jr

Xi Yin

Karl Yu Kim Teng

Emilio Eldifonso B. Monfort

Emilio P. Gonzalez-Lao

Martin Paolo L. Marty

Jamie Carmina I. Cumpas

Regina T. Evangelista

Andre S. Kahn

Maria Beatriz Patricia G. Cheng

Lila Remedios P. Cailles

Oscar Joseph Maria L. Anonas

Juan L Diaz III

Lifetime Member

Robin A King

Romeo C. Isip

LIST OF NEW MEMBERS INDUCTED DURING BOARD YEAR 2023-2024

November 24, 2023

Paul Vincent E. Albano

Bilwadal Sarkar

Jeffrey P Yulo

Jose Ma. Horacio G. Montinola

Serviliano L. Padiz, Jr.

Nancy B, Chio

Arjun R. Singh

Eugene S. Acevedo

Debrah F. Ortega

Johanna B. Cabamalan

Luis Ramon R. Arcenas

Maria Martha A De Dios

Arsenio Kenneth M. Ona

Aliyah Carmen Michelle C. Herlihy

Teresita M Baes

Narciso P. Nario, Jr.

Paul Wee

Jorinda Yao

Carmela Bareng

November 24, 2023

Leopoldo M. Lopez, Jr.

Chairman

HRD COMMITTEE SPORTS & GAMES COMMITTEE

Vice-Chairman: Atty. Godofredo De Guzman

Members: Mr. Henson Ho

Mr. Constante Lapuz

Atty. Celestino Ang

The Sports Committee spearheaded the following events and projects for the board year 2023-2024:

Pro Am Tennis Tournament – September 2023

President’s Cup Tennis Tournament– November 2023

Chairman’s Cup Tennis Tournament – March 2024

Renovation of the bowling area.

Approval to name the club’s bowling area as “The Sports Hub”

Presented the proposed rates for the Sports Hub, which is comparatively cheaper than other Bowling Areas in the area. Re-painting of the club’s treadmills

Approval of the purchase of two units of Sport Fit Bike amounting to ₱138,900.00 each, or ₱277,800.00 in total.

Approval of the purchase of Olympic bars and rubberized plates

Rubberized Dumbbell Set (1kg to 10kg)

Star Trak Cross Trainer Machine

Carlos Simon T. Casas Emmanuel V. Mendoza

Chairman Chairman

Vice-Chairman: Emmanuel Y. Mendoza

Vice-Chairman: Carlos Simon T. Casas

The Socials and Planning Committees organized the following events in the club:

The Mother’s Day celebration with Hawaiian theme, was held last May 14, 2023 at the San Miguel Function room.

The Club celebrated its 48th Club Anniversary on June 12, 2023 under the theme Car Explosion and raffled off the grand prize of one (1) Honda HRV 1.8V Turbo plus five (5) cash prizes amounting to P50,000 each. Portion of the net earnings of this event went to the designated Beneficiary, the Cribs Foundation, while the rest of the earnings are used for the continuing improvement of the Club’s facilities. The Father’s Day, with a Mediterranean theme, was held on June 18, 2023.

After the critical pandemic years, The Club brought back the Holy Mass on Sundays. The Holy Mass on October 8, 2023 marked the start of the regular Mass on Sundays for the faithful Members and Guests. Priests from the Salesian Society of St. John Bosco take turns in officiating the Holy Mass on Sundays in the Club.

The Club’s annual tradition, the Beerfest event, was held on October 27, 2023, with the theme,The Sound of Entertainment. This event was capped with a night of music and dancing. The Members and Guests were entertained by the band, The Swinging Sensations.

The Halloween Event on October 31, 2023 was organized mainly for the children and relatives of the Members and guests.

Thanksgiving Cocktails for Members and corporate Sponsors of the Club was held on January 15, 2024.

The first quarterly series of professional talks, organized jointly with the Planning Committee, was held on January 29, 2024, with the topic, the 2024 Economic Outlook, conducted by our distinguished Member, Mr. Eduardo Francisco, President of BDO Capital and Investment Corporation.

Inspired by the success of the 48th Anniversary of the Club last June 12, 2023, the Club organized The Car Explosion 2 Raffle draw held on Valentine’s Day, February 14, 2024 giving away one (1)Toyota Corolla Cross 1.8 V and 10 cash prizes of Php 50,000 each. The Members and guests were lively entertained by the talented singer Ms. Cookie Chua and her band. Proceeds of this event went to the Salesian Society of St. John Bosco Health Care Program and the Cribs Foundation.

PLANNING

Implementation of Facial Recognition (Biometrics) which allows the members to transact business with the club without using the physical membership ID card.

ACTS, DEEDS, AND CONTRACTS 2023-2024

April 17, 2023

Election of officers of the Makati (Sports) Club, Inc. for fiscal year 20232024:

Mr. Ismael L. Melendres, Jr. - President

Atty. Simplicio M. Virtudazo, Jr. - Vice President

Atty. Godofredo C. De Guzman - Corporate Secretary

Mr Dexter E Quintana - Treasurer

Mr. Francisco S. Rondilla - Asst. Treasurer

Atty. Ian Ray P. Malilong - Asst. Corporate Secretary

Approval and confirmation of Committee Chairpersons

Designation of Mr. Ismael L. Melendres Jr., Atty. Simplicio M. Virtudazo Jr., Atty Godofredo C De Guzman, Mr Dexter E Quintana, and Mr Francisco

S. Rondilla as new signatories to the Club’s depository accounts with the

METROPLOLITAN BANK and TRUST CO. (Metrobank) and UNION BANK OF THE PHILIPPINES (UBP) as well as investment accounts with BANK OF THE

PHILIPPINE ISLANDS (BPI), Philippine National Bank (PNB) and BDO

UNIBANK, INC.

Designation of the General Manager to sign transactions of the Club amounting to PhP10,000.00 and below

Approval of the retention of Solis Medina Fajardo and Malilong Law Offices as external counsel for the Board Year 2023-2024

ACTS, DEEDS, AND CONTRACTS 2023-2024

May 19, 2023

Successful celebration of the Hawaiian-themed Mother’s Day on May 14, 2023

Announcement of the Father’s Day lunch buffet celebration to be held on June 18, 2023 featuring Mediterranean cuisine at ₱1,000.00 per person

Approval of the purchase of two units of Sport Fit Bike amounting to ₱138,900.00 each, or ₱277,800.00 in total

Approval of the transfer of exit stairs of the bowling room to provide more ventilation (to the bowling room) at a construction cost of ₱775,000.00, more or less

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Resurfacing of tennis courts

o Repainting of PWD ramps

o Replacement of the urinal sensor installed at the male toilets

o Installation of brass directional signages

o Replacement of busted lights at the Ayala Banquet Hall

o Cleaning of the Aikido training area

o Replacement of the wooden door with double swing glass doors

o Renovation of the Zobel Dining

o Fabrication of wooden tables for the Log Cabin

o Installation of a new aircon unit at the San Lorenzo Room

Approval of the construction of new exit stairs for the bowling area

Receipt of the electrical scanning report of the Club, which declared that there were no issues with its electrical system

Distribution of the 13th-month pay to the employees, upon urgent request of the employees

ACTS, DEEDS, AND CONTRACTS 2023-2024

Engagement of a resource person to be part of the Planning and Development Committee to help draw up the plans for the Club

Discussions to dispose via public auction delinquent shares with outstanding liabilities amounting to a total of ₱500,000.00 or more

June 16, 2023

Completion of the refurbishment of the Zobel Dining; soft opening held on June 19, 2023 with lunch buffet at a 15% discount or ₱650.00

Undertaking of the following maintenance, repairs, and improvements to the Club facilities

o Repainting of walls near the poolside

o Cleaning and polishing of the Veranda hallway

o Implementation of a waste segregation system

o Application of top coat on the dining floor

Plan to update the HR guidelines, which was further discussed by the HRD Committee

Plan to sell via public auction 4 delinquent shares; 2 delinquent members, however, promised to settle their outstanding liability, thus, the sale of said shares was held in abeyance

July 21, 2023

Introduction of promotional activities to increase patronage:

o Rainy-Day Merienda Special featuring various Filipino and Asian dishes to be served at the veranda from 2:00 to 4:30 pm from 01 July to 31 August 2023

o Club Deli Promo: free sandwich for every 10 beverages purchased

ACTS, DEEDS, AND CONTRACTS 2023-2024

o Zobel Dining Promo: celebrants get a free buffet lunch (with free cake) when they celebrate their birthday at the Zobel Dining, provided that they bring along 10 paying guests

Sale of gift certificates for buffet lunch at the Zobel Dining at ₱875.00 each

Distribution of flyers to nearby offices/companies to promote the Club’s function rooms and lunch buffet offering

Preparation for the Holiday Bazaar to held from November 18-19, 2023 at the Ayala Banquet Hall with spaces for rent at ₱5,000.00

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Fabrication of new wooden tables at the log cabin to do away with table linens for aesthetics

o Rearrangement of the bowling area

o Installation of new exhaust fans inside the bowling area which improved the ventilation in the area

o Installation of the fluorescent lamp beside the covered tennis court

o Installation of a manual switch for the air-conditioning unit at the lady’s locker room to conserve energy and control its usage

Sale via auction of 2 delinquent shares

Sending out of the customary Christmas Assessment to Club members

Approval of the replacement of old monitors and purchase of monitors from Puyat Sports for the bowling alley amounting to ₱573,121.92

Discussion for compliance with Regional Tripartite Wage Order No. 24 requiring the increase of the minimum wage to ₱600.00 or ₱40.00 per day

Presentation of the Employees’ Sportsfest which will run for three months with the opening ceremony held on July 14, 2023 at the bowling area

ACTS, DEEDS, AND CONTRACTS 2023-2024

Agreement on the sale of delinquent shares on August 24, 2023 at the Dasmarinas Room, with a floor price for each amounting to ₱1,200,000.00; unsold shares will be repurchased by the Club

Presentation of the profit and expenses for the Car Explosion Raffle

Draw; net profit at ₱1,382,278.00

Commissioning of SportFit to repaint the Club’s treadmills; undertaking of repairs by SportFit for the accidental damage it caused

Announcement of the Sports Committee’s upcoming activities: Pro-Am

Competition and the President’s Cup

August 18, 2023

Presentation in detail of the proposed design of the bowling area and procurement arcade machines, among other entertainment facilities

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Repainting of the lights located at the bathhouse

o Replacement of the wooden floor in the Aikido area in the basement

o Installation of additional mosquito traps

o Replacement of the ceiling board in the bowling area

o Installation of deodorizers in the comfort rooms

o Installation of special lane floor level prior to the sanding of the bowling area

o Repainted of chairs at the dining near the poolside

o Repainting of comfort rooms near the Club Deli

Discussion and further study of a letter from the union about wage distortion in light of the recent wage increase under Wage Order No. 24

Announcement of the auction sale of 2 shares to be conducted on

August 24, 2023

ACTS, DEEDS, AND CONTRACTS 2023-2024

Repeal of the previous resolution setting the floor price of the auction and setting the same at:

o Php1,500,000.00 - Class A

o PhP1,600,000 00 - Class B

September 15, 2023

Announcement of the name of the newly renovated Bowling Area as “The Sports Hub”

Discussion on the request for salary increase of the managers and supervisors of the Club

Presentation of the promotional materials and program for the Beer Fest 2023 to be held on 27 October 2023 featuring Michelle Ayalde, Jasmine Fitzgerald, and Charlotte Ferguson; tickets priced at ₱1,250.00 apiece

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Refurbishment of the Bowling Alley

o Cleaning of Bowling Balls

o Removal/Replacement of the Old Bowling Scoring System

o Ongoing Renovation of the Bowling Area

o Sanding of the Squash Court Floors

o Regular Pressure Washing of the Tennis Courts

Approval of cash incentive program for employees of PhP1,500.00 for every 15 tickets sold in any qualified Club-sponsored event;

Recommendation to have different menu options for the Sports Hub to be presented and finalized on or before 22 September 2023;

Replacement of old bowling shoes and presentation of a proposal of for the purchase of new shoes

ACTS, DEEDS, AND CONTRACTS 2023-2024

October 20, 2023

Proposal for the replacement of the air conditioning system and/or unit at the Ayala Banquet Hall

Approval to purchase one 6HP aircon each for the Zobel, Dasmariñas, and Bel Air and a 4HP aircon for the Gallerie at PhP940,000.00 in total

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Installation of the new sump pump

o Replacement of the new air-conditioning unit at the Zobel Dining

o Installation of the thermal curtain at the walk-in freezer

o Replacement of boardroom chairs

o Replacement of ice maker

o Installation of a customized wooden counter at the Patisserie

o General cleaning of the Ayala Banquet Hall and swimming pool

o Disposal of the old and unusable furniture

o Decoration of the Club for Christmas

Installation of new air conditioning systems at the Ayala Banquet Hall at PhP940,000.00

Approval of the purchase of one ice maker machine amounting to ₱350,000.00 and 12 Executive Chairs for the Boardroom amounting to ₱180,000 00 in total

Conduct of bartending techniques seminars on 20 and 21 September 2023 for the F&B Department, which was facilitated by the F&B supervisor, Mr. Arluz Cuadra

Announcement of the grand opening of the “Sports Hub”

Discussion on the feasibility study for the Solar Panel Project

Proposal to the House Committee to draft rules and regulations for the usage of the Sports Hub

Presentation of the QR Code project to facilitate Club transactions and to be implemented in February

ACTS, DEEDS, AND CONTRACTS 2023-2024

Presentation of the proposed rates for the Sports Hub (comparatively cheaper than other bowling facilities)

Finalization of the President’s Cup Tennis Tournament with three (3) categories Class A, Class B, and Class C

November 17, 2023

Approval of the purchase of one (1) industrial oven amounting to PhP595,000.00; noted the proposed amount is not yet final.

Recommendation to invite the regular sponsors of the Club to its Thanksgiving Dinner.

Discussion on the relevance and benefit of donating to non-profit organizations, taking note of the Club’s recent donation to the Cribs Foundation Inc.

Discussion on the possible construction projects of the Club, such as improvement of PWD facilities and noting that the Club has a certificate showing compliance of the Club’s electrical system with the standards

Announcement of the employee’s Christmas Party.

Approval to increase incentives amounting to PhP5,000.00 for the 5-year loyalty awardee and the retention of the annual grocery package given to employees every Christmas

Successful sale of one (1) Class A share at the public auction held last October 10, 2023 at ₱2,500,000.00

Demonstration of the new facial recognition device that will be placed at the Patisserie, Sports Pavillion, Club Deli, Main Dining, Membership Office, and Sports Hub.

Approval of the proposal to hold another raffle event for the Club with a brand new Toyota Cross Hybrid as the grand prize on February 14, 2024

ACTS, DEEDS, AND CONTRACTS 2023-2024

December 15, 2023

Introduction of following promotional activities to increase patronage of the sales of Food and Beverage:

o Themed Dining at the Bistro Lounge

- From Monday to Friday, there will be different themes every evening at the Bistro Lounge:

o Monday – Italian Night

o Tuesday – Mexican Night

o Wednesday – Videoke Night

o Thursday – 80s Music Night

o Friday – Live Entertainment

Announcement of the Thanksgiving Cocktails which will be held on January 15, 2024 as a way to express gratitude and appreciation to all the members

Announcement of the Christmas Party on December 23, 2023

Approval of the authorization to process the submission of books of account with the BIR

Approval of an additional ₱5,000.00 incentive for those employees who have reached 10 years and above (for every 5-year increment only)

Approval of the car raffle draw (event) in February as well as the engagement of Ms. Cookie Chua and her band to provide the entertainment

Approval of additional tennis tournaments namely: Singles Tennis Cup and another Doubles Tennis Cup among members

Approval of the suggestion to have masters swimming club, where members can avail of the training program for swimming subject to further discussion with the coach

ACTS, DEEDS, AND CONTRACTS 2023-2024

Approval of the purchase of pre-loved gym weights, which were bought in 2021, at a discounted rate, subject to further review and feasibility study of the procurement

Announcement of a bowling tournament in February 2024.

January 19, 2024

Recommended the following projects for the improvement of the club’s facilities:

a. Acquisition of Bowling Pinsetter Machines

b. Procurement of Oiling Machine of the Sports Hub

c. Installation of Access PWD Ramp near San Antonio and Club Café.

d Installation of Solar Panel

Undertaking of the following maintenance, repairs, and improvements to the Club facilities:

o Installation of Automatic Timer at the Sports Hub

o Installation of the Wooden Sliding Door at the Function Room

o Repainting of the Poolside Roof

o Cleaning of the Exhaust Fan in the Kitchen

o Installation Large Tissue Holders at the Toilet

o Replacement of defective power amplifier at the Bistro Lounge

Approval of the recommendation regarding the external auditor’s fee which is at PhP350,000.00, exclusive of out-of-pocket expenses.

Discussion on the policy of ticket distribution and approval of retaining the current policy of distributing tickets to all members

Approval to hold a forum/economic briefing on January 26, 2024 at the Zobel Dining Room

Presentation and approval to purchase the facial recognition machine and quotations for its purchase

ACTS, DEEDS, AND CONTRACTS 2023-2024

Discussion on the details of the Car Explosion Raffle Draw 2 which will be held on February 14, 2024

Presentation on the Capital Expenditure of the Club amounting to a total PhP19,993,000.00, more or less.

February 16, 2024

Announcement of the success of the Chinese-themed Buffet and the Economic Forum with Director Francisco as the resource speaker.

Announcement of the success of the Superbowl Event on February 12, 2024

Announcement of the successful “Car Xplosion Raffle Event” held on February 14, 2024

Introduction of the following new products and menu item:

o Chocolate Roll

o Cheese Milk Roll

o Pork Asado

o Ensaymada

o Custard Macapuno

Launching of the following promotional event:

o International Buffet, which started on February 1, 2024

o Japanese Festival, which started on February 1, 2024

o Different Themed Dinner every night at Bistro Lounge

Undertaking of the following maintenance, repairs, and improvement to the Club facilities:

o Refurbishment of Tables and Laminated Top at the Poolside Cabin

o Installation of an 85’ TV at the Bistro Lounge

o Installation of New TV in the Board Room

ACTS, DEEDS, AND CONTRACTS 2023-2024

o Placement of Stopper at the Parking Lot

o Relocation of One Ice Unit from the Banquet Bar to Poolside Cabin

o Replacement of Manila Water Meter

o General Cleaning of Ayala Banquet Halls

o Repainting of the Parking Lines

o Installation of the Therma Plastic Curtain of the Walk-in Freezer

Approval of the regular maintenance of the pinsetters

Approval of the purchase of new oiling machine for the bowling alley amounting to ₱1,456,000.00

Refurbishment and improvement of the Bistro Lounge

Renewal of the HMO of the employees with Maxicare

Approval of the team building budget of the employees

Preparation for the audit of BIR, which the management has properly organized

Launch of the Facial Recognition Devices

March 1, 2024 (Special Board Meeting)

Approval of the Club’s Audited Financial Statements for the year ended December 31, 2024 as prepared by KPMG R G Manabat & Co

Approval of the budget of PhP2,000,000.00 for the procurement of HMO coverage for the Club’s employees and officers from Maxicare

March 15, 2024

Launch of the Filipino Food Festival which will run from March 4 to March 31, 2024

Announcement of the Chairman’s Cup Doubles Tournament from March 4 to March 15, 2024.

ACTS, DEEDS, AND CONTRACTS 2023-2024

Presentation of the 2024 Sport Calendar of the Club.

Launch of the Sports Televiewing at the Sports Pavillion

Undertaking of the following maintenance, repairs, and improvement to the Club facilities:

o Application of Colorless Solignum Protection for the Wooden Floors

o Rearrangement of the wires

o Placement of Hardiflex

o Acquisition of new electric fans at the Log Cabin and Sports Pavilion

o Repair of the Ceiling at the back entrance of the Ayala Hall

o Purchase of a new dishwashing machine

o Regular cleaning of the aircon

o Regular cleaning of the indoor tennis court

o Regular cleaning of the Sports Pavillion

Presentation and approval of implementing the Performance Appraisal

Form for the Supervisorial and Managerial Employees of the Club

Approval of the proposal to employ a technician to maintain the Bowling Alley

Approval of the request of 2 members for lifetime membership

MEMBERSHIP DUES & GROSS INCOME FROM OPERATIONS

EXCESS OF REVENUE OVER EXPENSES BEFORE INCOME TAX EXPENSE

ACCUMULATED EXCESS OF INCOME OVER EXPENSES AT THE END OF THE YEAR

Scan QR Code to view the Audited Financial Statements.

ADMINISTRATION AND FINANCE

EXECUTIVE OFFICE

RonaldoC.Limbo General Manager / F&B Manager

ChristinaAlenaB Galasi Public Relations Officer

MEMBERSHIP

MarianN.Punzalan Assistant Manager Head of Membership

HUMAN RESOURCE DEPARTMENT

MarilouT.Luzon Human Resource Supervisor

ADMINISTRATION AND FINANCE

JesonG Marcial Accounting Manager

JoanaP.Delfin Payables Supervisor

JocelynC.Tagulao Head Cashier

TrixiaMaeA.Merjan Billing & Collection Supervisor

EgyD.Lumbo MIS Supervisor

FOOD AND BEVERAGE / RESERVATIONS AND SPORTS

FOOD & BEVERAGE/ RESERVATIONS

EllenQ Gozar Purchasing Supervisor

CleofeH.Rosito Cost Control Supervisor

ClarindaH.Cauilan Payroll Supervisor

AlbertoM.Lerma Consultant/ Repairs and Maintenance / Housekeeping

NelsonB.Briones Assistant Manager F&B Production

JoselitoG.Gacutara Lanai Kitchen Supervisor

AlmiroO.Eraño Pastry Chef

ArluzA Cuadra F&B Outlet Supervisor

MarjhonC DelaCruz F&B Outlet Supervisor

RegineKarylO.Alperez Assistant Manager Head of Reservations

NicanorB.Cayanan,Jr. Banquet Supervisor

MarilenS.Nisperos Reservations Supervisor

SPORTS AND RECREATION

MaryMhelC Ruado Sports & Recreation Supervisor

SEATED FROM LEFT TO RIGHT: MARIAN PUNZALAN (ASST. MANAGER FOR MEMBERSHIP), RONALDO LIMBO (GENERAL MANAGER), REGINE KARYL ALPEREZ (ASST. MANAGER FOR RESERVATIONS); STANDING FROM LEFT TO RIGHT: NELSON BRIONES (ASST. MANAGER FOR FOOD AND BEVERAGE), JESON MARCIAL (ACCOUNTING MANAGER), ALBERTO LERMA (CONSULTANT FOR CONSTRUCTION, REPAIRS, AND MAINTENANCE)

Makati (Sports) Club, Inc.

LP Leviste Corner Gallardo Street, Salcedo Village, Makati City 1227 Philippines