Issuu

SEAFRONT RESOURCES CORPORATION 70 Froor, JMT Bulldins, ADB Av.nu. Ordg..

c.nt

r, P*tO Clty

637-2917

31Oecember20l6

Notice of Regulir Annu.l SiockholdeE' Meeting

SEC

Fom

2O-lS

lnfoin.tion Abbmont Pu6u.nt io S.clion 20 of the

s*uritis

Fan

R€gulalior Code Type

4 w.! /"P

NOTICE OF R€GULAR ANNUAL STOCKHOLDERS' TO OUR STOCKHOIDERS:

trll;liffi4i;{;iiii:;*idiii'i#ifr *irf #'n:,,1tr#":ifr I z ,

. 5

Cerr,[.aron orSeto(e orNolrF. ueErmmr,on ofouorur/cal

,".

ordef <bc.horoe.s

r,.e -e _Fd on .o ,ii:;:,.",." "._ ",. ".!e M"*s"*"' Reporr and rhe 2016 audired Financial

3ij:J:l:l

Confrmation and Raltidaion o,

;,t

ataci< ..d_,

:.'":n"1" ;:,1; i";"il'J;,

.i:il3""X- T

".;1."i:i:t":t

appo nrfreni of E aemat A! d(ors emerMane6 and

n:'"-*'?,1,

#;t"J ;trn:

;;:;4":',". "'

W*jlt.Xi!""*(,/Af

D,"c*

"'-",

;':*::'ifJ".i:1r'ix*."""i:

/ //-

iriy sm,"r'v. ror*

SEAFRONT RESOURCES CORPORATTON

I ;?l

RATIONALEAND BRIEF DISCUSSION OF THE AGENDA OF'IHE 20'7 ANNUAf STOCKHOLOER'S MEETING. (THE "ANNUAL STOCKHOI DERS'MEETII{G').

rhe cha'mon ot ihe Boad or Drccroa {or rho chsnman or lhe melins as the €se nayb6) (he'chaman )w ca ihe mei,nq lo order

D€bminason of auotud/Rsp

rh€ cdrpo€re ssdory 1or rh6 s 'serelary ) u( ed !, ihe dare when rho w ii.n

ddr ce or the Annuar

S*crary wirr*ewse cediry i corFralbi (he colporaron's By.Laws). rre

hokrers or

as6 may be) (rhe

The

a maplt

ng NoProxyshal be €cosnzed ! sEcGIaryror nspdon and resdBiionare.stlen (r0) caeid* da

r) 2) 3)

he/srre may vore such ium hE/3he

nay clmuaie said

h6/shemaydGtburethem

don w e

req!€sied !o sup€dse rho volig

r..rsrockhord.E r$..rin9h.rdon19MJy2016.

nd rhe2o16

ro ih€ sl0ckhord6c ar raasr t

lhb

rhnasshsni and

fien

B€d

for

Audfi.d Fin.nchr

sftmonk

Itof.,6 (i 5) businoEs days pr or ro rhe AsM

seaf rontesqlrce

scFfq,;i.ibe,en

q!!!!

of otr.croE du n! lrr. po od 19 M

veiis aid

downr@d ns

k-ql.{"d.o'al'll

(incrud'nq rhe rndepeidenl dnecro€) and puGuani ld iy aid rures or lhe Nomnaton Co

rh6 niie (s)

nom'nees

wir be subnned |of erectioi ro rhe 3@d or oic.io6 by

th6

Appoinrnonr ot rh. Company LAYo &

co tsc9

BoadofonectoGqn

aid Erchanse conn sson (sEc) o,esenle! to the stockhorders lo, aDorova

be odlouined on mdion duly nad6 and

s@nd6d

PD!inrt, @u'ry or orh. junsdicr oi

4. sEc ldsinariorNunb{ !!9j1

'bishGM'nnln6b€strlolgjrco n4,id, or fi. RsA (infom,ioo q

rPPrrabie onty

srFEre cers'Edt:

Informrtion Requird by lremq ofSIC Form 20-lS A, GENERAL INFORMATION

.sigcity.Piit|ppti!.

PROXY AND YOU ARE REOUESTED NOT TO

m.ions (a)

ii s* $y m.ndnnr

' (b) h co@€t piopen, sd

oont.is'e...i he

rle rish' nar b qqci*d b 'ppraisL :hrd! o. d..dmFor wtrhn 6rny (r0) dqi atur 6e

dde

eFd of cb!3is o

or$1.. i sd G) ji .N. orhdgrt

!$bi

oi Mi.h de

\!r

las

lrfl

$e ridr5

ant

dr coB.Liddion.

and wi.rrh

Fyn€nr rflidD nis.d bt

Bfidq

Gi (r0) d.F

a per od

'ns

oi sity

denardii3

(e) &y, tum

rhft (r) dnhbsrcd Fom, oi. df vhom ,h[ b. Il4d br lb disqhq

B. CONTROL Al{D COMPENSAIION INFORMATION

Nlmbs ofsh.ies

Alr

oubld4

or.oJvore..sh.n

socl'l'oldd s of Mrrth I

(r0)

aisdu

d'y5 hefN

e d& oi eid

gikd.sdid'ksnhybhB'

r) d)

hershe

my disdbe $em oi

s&!n'y om.6hip drcdao (l ) sd r) ()*nmhip orcdii

rh€

sbylhesb.]'no|d.6shdldm'*.tiilhedmbelorsh.isow.dby

(2)

sEmir owenrip

Mdlse

ierLxediv.olrjgddd.hor$cky

l!l!!re

.iysnelheb€eimiieof|heknfi$'|F.i'Ine

.ilduin€..om@q,h.,Mi.oLlnnies,h.,

hsr@lc (HK). Mdqa rlffin,oEr hecne co{, M,nia Mqorir Pirrq hc,

]diig5cd]?o6liolA|s6EoFai!

Afrr'[nd6n.c.menJDllhhl'

P|rlippnes.iei.eUighsNhodFou Edsriomr .ouid.rroi

(Furbrighr commision). Phi ippini

*5@i,rior of coreA $d

uni{sirs (PA.!), ed rk FrswdEh

oj6ach6:YR€itr.oPEl6i. (Fonneir rhe Pacific Fund.Lrc.). Br ^ll}.srn!.i!''rorns,5l,FiLipino

aFmqdaPq.sKn,hi,Mi'yeH]e}sch@Ld

NslgqolPulongbqmddArourro

TAIly,ErctnccareijoD,!

als6rb! dr!

Phih oHAP). coNu

do6

Ahy Mrurior h$

no rcrd om

*irh

rhe

\ortiks

(Prsc

aeced Anie\ "^"

L r (Rrquncnob or Noniar or and Fkd on or hdeFd.d D 'sa) o|Linohh*s${$*iahB4Fo

judsoflr hold

ome

Eryrs

ou hn 6FDs

bir

ri6 a . diffibr. (Pr-e

A'icr "a"

ror rie

cenff..doi

and

nrr

compli.ie

r'dlr.trd. Drtr.oo.

ro h.rmoroi.(r)rdo

mar

h@EdenBe&hEbt€dFfrrculi

h.r sistrilior

co'nroy\

influerce in 'he

major

For rhe

pri

five (5)

r@1 roE of

rhe

ubjd

sy 6in odo.

judr{r

fqnto l e,drie' oJtaakli6 -th

FF6k

hrdqs

inNd{'

rc|dlet padi,,

hffENirlygrlhrcugnlrcviqord]e

*rioB

dqins 6. bn rru (2) yeB b whth dc

&EIn€dtheConpay\inlidlion6n

qnbd.n$lic$leE$gAed Pus6d b sRc Rd{

( iv) (Rs Rdd6n ofExtnr AudibE). nE (5) Fas He ws 4eeed b, d rx. 4g,gimsl or Fdrtr js ibi(

Pi4Eph

(b)

tr co4or tu

'h(

(rlb)(1v) aMr{corhgonFr

No'dionisbb€bk€n*ilhEpdbl

.haimo (rn&Fodd

Didot

{3asd nr.

rohn

r. vib.

C. ISSUANCE AND E\CHANCE OF Sf,CURITI

F,S

D, OTHER MAIIERS

ApFurofde

vic

ofthe

'r'esoidolDidbAduriie'lrgpojd Erdrci oiNine

(e) nemb€is o

Apptu*r of Ym{gmo' Rcp

.oiimrion od Rriiqrbi beu:

(oleaila'lom Me'

ns h. d re May

-Ahysamuev.loffi .AnrAlalPPbfua

Dr-'roi orNjrc

(e)

nenb{s

'lle

4 o

BMrd of DiEdon {iidudhg

hdcFdo'

DiredoB) ior rE

20 r7.201 3

Prcoroftie4urcdiori..onh.nft'jos Pmoronhi p(aeQ da quorun

6€ lde Equired ror

ipfioulor ( -rioi de6 shdl emisr otu rojori! onhe damqqitro'!.hquorumsha|

ndod

vob

be.owrd

evilr!d. rrq

bdb', @@hisshdrbe

srcN niRx

onbtig.dinth.otrotprigor

-^prir0tz

SE,{ITONT Rf SOURCf, S CORFOR^'ITON

ssfrod

bu!6.oDonitor

(d. "company)

oigariarioi prri wh.dy G) rr drho res. borh ar

I rtu

v,h..hDqi

Prcffrrnd

ion.crd qug scurB

rtE ofpri

ind {b)

ir5

}!Ld ad

r.s([vPr,

carie!

.. -qq!!is? ocd db

bojd

sidehorden, ^gree

piol-' sir

i.c$ibrc 6m

lhnh

h.s

ju$ b&i @ne ded

ii 200. oisir

subi{

chrk.rdre bxpEsEy (scrEx)

'he he

akesdy

cdprrd ad !u

mm. onh. qi&mr ows5 G robt of2?e

! ddemied 6iis

adjsrd id

h-rfo

wE daiy ra6fsEd

rLDc.

'he

6se i

(r2)

hordr4

omFi!. B

nond! Horqs,

6Gsri$ud p!i) h!!

m.jo

rhe coDpaD

n'he"uush6sor$e tsEi,).s

do{ipd pdud lhih

,.tp.n.iedmi|ibryh\bb]|iiy'Ms

i's priic pstpiodud robrrcvenu.

judciariiGrs'

'nsjor

iina'ncrur prdid df'h. g!y@mo'

(

6 turin i6ob s'io6

Projs.

mder

) nar hde eonoF c or bui€i' ikn' o 3@b orm€ coopej; (ii) b{ uiab coun! Ins

minq b rhe i's6r srBrhords! Agreeredi or (n e

nFryili)

bN€ e.ioDs

'rre

4ocdqh'rdL.inilMgiog'bB.n*!

oblgaliollhendE

o{ioEedbnijFlcftclli{to|tlucfudiqh *nknoi.mmlh|'b?sis.lub$rplio

Isnaqo6onooisd{lty{rftr{doE}hi!h

such

h!6rftd srdri€s

'rc

subjed

ts qu'r dhn dar 60$ dudy drNhig

Leon.

!oi9niundp'31d,!hi.hftiu|Lypmvidedvi'|l

rx. pimry

dbjdriYe or'he cdnp,ny

adjd rh.epi6lndrE.

uEdidsns(r6rto

{d mrs

'he.onpaq 'n4 aFs riiocEr

.dju! 'ne

dsr

adl6'oflr3 b i. h rGh dilideld Fy'nei..o sh

qd rcbhed

enhp (rdii)

1!tor2tr Rdaine,l

en'hgs

(defi cir)

D.b'$.4"lty.dl"0'00 rhere

leE

chag$ h re obledi6

(i,3er.036)

aiy or i6 proFfty

de subj€d

Mrrbr Pdsorrhd Diid.idso! R.sirn'fsconfd! [qunt r

n€k M*k

Pde md Dlvided

:. hi vsra)mMgi'&

tueinni.s coI'llM

.ore.(PMMrc)

Lr PaDNumi.e(o@n,ion(\ri

Equiry (Lrn 2

y*6)

0 s0.k

m bo$) in

rhe

conpry id.'ris

ri,rm. sh&Eh h. del.Ed by lII

oFnidtu rie;n.

ish,

qi* lid

idl

divid.nds in dE r6t

(2)

fis

rEladid.kdivid6'l(15%)!Dpdidii'ee7. Pridb reczrhelsr..dtn6k R4etu

sate

aJlrnsitq.d

sqir4

Tndes6m,deordrcgjsEil$oil

oMndi4 qpibr nclc s mrird.d Dlriptutr

'l-larc

dividdds Githd in crsh

bfi6 d{v.d nm d'e c!I@t3 6?rd b shck dii&id, dE d*randm ortti.t is subjd' b 'E 'ppmsl rcpFding d 14r rGrhiils '(2,!) ol dt dMdirg shft

divilq& d my ot 3rodrholdeB

ordE Pfilippii.q

kdnnd I s-utu

9skoPlid3.NdApp|ieb|e

!!!s,oi-!!!!!!34d! D!{! N6ms.n{.r Dkosid

rnd

A..\s

r,Financbrcoodiion (tuorD*cnbd3r1016 rd20rs)

?oq,q?{J3'

56640

rcTALLhBnmls^rD&lJn

E0e,e7{:37

6 PDpdta ri.. otun

(AIis) fiianci.l

^!aihbreroF*1. siis the 3djd.d

f' r*'

20r5.6pded)

rhc

Pr6.3.i.@:

r2lshe ro , r5\tuo $d LLr coFBr6n (Fon

:s\

sru. nd

73 65% nd

iicrcs. n

'hn,!o@1

ilj. b hi+er as

r0^h.€

rip'jo!Posihh$ucorfuidnlho4hb'iklos

an*d a,r adjushqt

'ht

nighr

en'h tom

hv r@otur rrends in rhe

6n4 ods'

1.R6!rro.oplnrbff Gorrbrld6eided knh.rrr.1016,2015rid2or1)

\dliErhd8ai04n!n$!&br

(Gs)rcRBEaR

Rr36r,

cb{igB o, los

iivsinert

coaoE o! (tun

6on P5

Pr2 r54

4onhrrcro P6.r?trrarc)

na*d

varus (ran uruc

.h!is*

in on rirarc ar

ht slre

rhDud proh

Prcynion

br LMft h\

petuins ro rie M ri nun

.oDoEi hQn. r,r lMcrr

) s

djui.i

r. nn.mi.rco'd ioB(tdD4.nb!rrr,rolsmd

thonrem

rr6ho6

(srr)

dlr

iFmy

mnker

nsq $.n te sd P,sirc ii.one $rrjed ro 6mL

.omPaB sd{P Mctr

6s. srle ffibd

2011)

pheneds (vMP) wrh n

s'st

A*i.hre foi $re a\Fs) nmrcEr lse

1. Rqdrof

or inv6tDols

op:nri.N(rDrrh.!.16Edd D&hhrrr!20t5rid 10ri)

Rignt

oi!.

or PLRC

lierci

conPnv

$live!dio.([duebdtrne Dahijpfuiisbeumns$oie]D.o

Mhinun co@nG lno E

(Mcr I )

4Ahhoqlrlhena{duLsor6s d|,ednone.hrcushdMdsdstiohlhefiNslnel1dq,bi!icoi[sn.|!

s. rhrmirr .bndiiior

(k d Dsenb{ I!

r'r.id

r0r 3)

slq rh

compriy

Mcrr drhs dur d€

(Aris) fimnciar

^laihbra6r$le

6. R{uh. d ots.iiDft (ror

a'*

$. y.rF lndd knb*

3l,

2011

rnd 108)

{4 nifl;i *oirbnbqr.:ol

ob.ompeheN

i.one (!6t anonred o Pr.r1l $d Orr.!60) oirlo

Dlfki

Odv4in.nr i.

EDc) n

dsdopruio'tb(lideleloN.dtsiioisofuh€prcPeny

H.rc D-dropn. corFdin

(HEE)

$bjd

no$ Fo4E Projdl.

fte .ooFry

n;46

rceis,$

(Pta$ rre,rorlE?016 Auditd

Fj..i

rr: rpaIs .rb ur d mdjrr.; eiibeoiiqui!$Bne

mdibr6s

(

on@v

pi.e tnk dE b 'o

'he

o a qurd

basis

or@n?5k5rc!oui)

!h'44

n'rd sLB

*m$eThe.ompo'{inJpdNEi6

AseE subjd

b Lio dd R6tni o

+iEd

nongasd,

'dj6mqG

pledged or

o'}.Nise subjed b rin

De€mber I l

nsde rhd kad ro tr rc}ede rccognnbn bd *hich adjuens r. ^djsrn{t b cr;-s* ii esrmd$ "ibi pmp

olheB(c&a ErnedexFns)

e'ThecomFqkE|abilil}gunnEdbyo.ha,

Und.tuki4 b

Provrde

^mDr

UTON THE WIiITTEN OF SEC

RePon

Rf,OUOST

FORMiT^SHALLBf,

COMP^NY UNDf,RTAKII To FIJRNISE S^ID WRITTf,N RXOUEST FOR A COPY RCE. ^NY

^D off'ceofd'ecoryodeserd'J' oniss

c6b.

Psie ciry

d Cod., Jr. a{d hB duly dusei i\is Fpod ro sLln on i6 b€hllf dr) or Apr/ l0l7 Pais c ry

F.gu d

'1,./-

b|h.

ANNEX

'A'

CERTIFICATION OF INDEPENDENT DIRECTORS

SECURITIES AND EXCHANCE COMITNSSION Ntarkeh md Se.unlies Reeularion Deparrncnr Secrelaiiat Bu ilding, Pl C C Co nrplex, Roxas Boul evard

fiIf, Vicente Gn.iano I. Feli2menio,Jr, Dneclor, Mrkdrs and Securities Regulation Depdnrent

PHILI}PTNE STOCI< EXCHANCD,

I\C.

3 ' F loor Phi liFpine Stock Excha.se Plaa Ayala Trianele, Ayala Avenue

Mr. Jrnct A, Ilncarnrcion Head, DisclosuF Depdmenl

iilh

ihe .equirenens i.r independent dnedo^ ro subnn a.eiiticlrion, urder oarh, that they possess lhe qualiicati.ns md nonc at rhe dnquatincations as Fovided tor in the securnies Recllan.n Code, w. subhr heFnidr dre cenificltion ofthc t lknying independent dnectos of Scalronl Resomcs co{lration for rhe re!. 20 17: In conpliance

2. we trusl

Emestinc camen Jo

drc above submjssion

Villdeal

nfill

t/ SAMUEL SecFlarylConplirnce Ofli .?

Fen

conplis.ce ],iih ihe SECEquircnenr

Aptil

,2017

THE SECURITIES AND EXCHANGE COMMISSION SEC Bliding, EDSA, creenhilb l\,'landaluyong City, Metro l\,,lanita MR. VICENTE GRACIANO P. FELIZIIIIENIO, JR. Director Mafketsand Secu Ues Regutaiion Departnenl SEC Fom 20lS of Seafront Resour@s Corporation

rn compran@ wirh the requiremert oi the securiries Regutation code reJative to lhe Form 20lS of Seafront Resou.ces Corporation, we heeby @nify lhat none or the Companys incumbert directoE ard execulive ofticeB or nomjnees tor election to the Board of Direclors d Lrring ihe AnnLat StockhotdeE M@Ung on t\,tay 19, 2017 isa government employee

nlig of SEC

We hope lhat this certification compties wth the requiremeni oi the Commission

t1 SAMUEL V. TORRES

ftt '1

Llh subd

firl. arlsrir!n's

b..n d!lJ

${'r

vsioi.

OLezon

Codntr tsailcr lixmNe co,lEmron

Pkron

\lan nvtroaSanPldnr Lcri. ,on. of ths

dlJquln.dit

ro scrc rs xtr

lMep.denr D,*ro. of SEAfRo\ lor r sedior rB ol rhe seurlisi Rcgu.rl.i aode. it\ hnrLeDening RLles ral

trftls th. selurile5 RlluLdloi .'o RLl6 ralRegrldion:. ( otl! oraor

abolemenl on.d jnronml

AND SWORN ro b.ro,c i'. d'c .rh birrdris fL\ r19 3,'l 235

\ir,if

fi\c rl)

CERTIFIC4TION OF INDEPENDENT DIRECIORS

__ rdb€s

NicAo | {bba F hpino. or e8slaee md a resident of#l Thadnd Road, ra( MirdiC zner hr\rie beei dlly s$om to rn accor,lmce wirh laa do 'r

L I

a nobinee for indep€ndent disdor ol Seafronr and been Independenr Dnedorsince May t5,2002

2 lh

imlLa'ed $

rhe roLtos iC

rompdrs ororgm bhons

u.9q9.14!a LP.'rr, Lru, Al. is 4r

In,.md

qr$n\ Dr\ eropn€r 4

o \){er,. In.

i,o\emb-. 03_ pF.en.

rj! ')ro! Pe" f, M'P'''' v"l oSloe!D

PoqftHoldrisj-tft

o' c\\

q.s

D . o. Drrtro.

Dirc.or

tlNmblr w4.prerd

rao_

rnrrT!l]:cor.

1]lqlrye1".grt"!!!"

1l.gll1!!-p!1!A ons

qer Htlditrgs ad pomlnr

. -.^' "'ro-rvf"e.,,o,pMb

,€n

Dtre.o

oo_ r,e

cnr

.o.fr.b123/oto-oe-r

.r.ab" .00o p,r rnr ._ud)t03 p.el

co,,ar Hod n3\ Lorpor,, on

u!l{lfrl!"rrm

Lkc.mbtrt99lbprs.nl

\.mendFeds

.rmrioial

S:Bn$n'Asrku r!Bt Co, sn€iernr

seMod

Eitr$

nc.

-oi*

Co,"oBnon

Hord nss talorpo.,red

Suiruod Asi vm'u(

ti.

\irec(uptirtrnr onal I d. !o.cer Phil'oDne P*..

ranlary20B,Prcsenr

n* j."r".

Dtr.,.

\aa,o +ffi

I lp,or..,,'1, r tkhr.",ron ,nd,o1eo..h.d,q ": 0 o, se1 o I Rc .o...e,, orrom,,o,.,. p o..deo,o..l :r::T :: iu.rh.^!(,, \(.r!,),3, r RFgut,, .od. Kesurar ons lnLl sEc

4 o

d,. I loten..,n"

e,.d

d I I k1" ltrdk.I qn.o, | . . bi(., o inlLe n \ci grior u ftureedrie

\e b-r

admrn

ns$nce\

I shc I f: rhtut) dnd drl mdependen{

Inpemenrnd

rh nl dules and icsponsibiliries as Stuqrrres R*ulaiion Code aod ns e\ and FeBUron\ Code of corporare Oorenmce dd qen,

lompt) s

dtrtohr lnder rhe

6. I

shall infonn rhe CorpoLare SecErary ot S.afronr any chmses ,n rhe abov.nentioned iniomari.n

Done

rhE_

dr) oTcprt20 I.arMak

ttn()(-..L)L-,

NICASIO

suBsdtuBED qND S\VOR\ roberorenc rtr

;l'i,1lii;! lis:'J i:if li: i:'..,"j,.i THiffi i:" Dm

No._Ilj

Pare No.

_1{r -

I.AICANIAM

aPR

e\tubired

2017

n e

lxsPs sFod No

ab' ct, ai.r

coRPoMnoN 0F 'co,p.€btr),

P,e im nary

and

wib

inh6 €s'd h6 sbnfrd

hromarioi sbbment (sEc Fofr ?ors) .or

Dcd$m

i aeo6€

Fdsct.

on May ie,2017 (the'AsM ), ard

Manas€ned

srcm

Fs catue4

ceriq bb bd

b*i

haviq

bar

toa

he s&udss and &ch'dse

15)

€bdar daF

potr

tudFG

sDiandha|yssfudieFrslolaftr

kz vi, -*d"1gey

dApd

e'hbbiqbnehFcomruflljT}k P2,03iM sld d ei||a .nd rc@bndd4edhbddtr'

va!

Number ol

shars Rep@nted

PROXY KNOW ALL MEN BYTHESE PRESENTS:

t. the

ds of

sEAFRol{T RESoURCES stockho ('SEAFRONT") duly organized and 6x sling under a co.poralron CORPORATION, and by vinue ot lhe la6 of the Republic of lhe Phlippines, do her6bv name . or in his/her absen@ the Charman of lhe M€ling, as my conlinung p.oxy, wth ghl of subslilulon and evo@ton lo epresentme and vole allsha€s eg sleed m my.ame inlhe books of seafront Resolrces CoDoraton or ow.ed by me at the €guar meeling of slockholderc io be held on 19 l'lay 2017 and any adjournme.vs lhereof lhe folowing:

That

a b

e f g h

undeFisned.

cerlilicalion ol Seru € of Nolie: oelemLnalion ot Quorum/ca I to orderi Approva of Minures oflhe last Requ ar Annua stockholdeB' Meet ng held on Mav 19 2016. Approva ot iranagement Repon and 2016 Aud ted F nancialSlrlemeitsi contirhaton and Ratf@uon of all acts conl€cts ard nveslment made and eniered nlo by iranagement and/o. Board of D rectoB duinq llre pef od of May 19.20161o iray 19,2017r Eleclion of Nne (9) membeB ol lhe Boad ol oirectorc ncuding lndependani onebrs for the yeats 2417-2014: Appo ntment of Exlernal A!dlto6: oiher lvlallers

nlents and purpoes as lorghl do lf presenl and aclinq m peBon wth prory suspended in every instan@ s4rere I peGonally atend and foma ly this p@sence reg sier my at the meeljng This p.oxy revokes any and allproxes. whch may have previous y exeuted n tuvoroia persor o. persons olher than lhat named above Ths proxyshalremain i. fllltor@ and efiect unlilsp6cfcally evoked by me throuoh noh€ n wrling lodged with Corpo6te Sscr€iary oi Seatonl befo@ lhe scheduled tfre of the menng.

asfulytoall

lN wlTNEss WHEREoF,ll^ave herero sel

ry.ano lb-ddy

I;".-l