THE STOCKHOLDERS OF THE COMPANY APPROVED, BY 100% VOTE OF THE STOCKHOLDERS REPRESENTING 81.12% OR 32,448,220,000 SHARES OUT OF THE OUTSTANDING CAPITAL STOCK, THE CORPORATE ACTS APPROVED BY THE BOARD DURING THEIR MEETINGS HELD ON 22 DECEMBER 2026 AND 29 JANUARY 2026, NAMELY: (I) AMENDMENT OF THE CORPORATE NAME TO TUBIG PILIPINAS HOLDINGS, INC.; (II) AMENDMENT OF THE PRIMARY PURPOSE TO WATER DISTRIBUTION, SUPPLY, SEWAGE, SEPTAGE, AND RELATED ACTIVITIES AND AMENDMENT IN THE SECONDARY PURPOSES TO ADOPT EXISTING PURPOSES AND THEIR RE-NUMBERING; (III) INCREASE IN THE AUTHORIZED CAPITAL STOCK TO P13B DIVIDED INTO 130B SHARES; (IV) ISSUANCE BY THE COMPANY OF ADDITIONAL 66,460,000,000 SHARES, AT PAR VALUE OF P0.10 PER SHARE, TO SHAREHOLDERS PURE WATER CORPORATION, QUADWATER CORPORATION AND NEW SHARES TO CEF2 AO9 B.V. IN EXCHANGE FOR THEIR SHARES* IN TUBIG PILIPINAS GROUP, INC. AT THE EXTENT OF 100% OF ITS CAPITAL STOCK AND CORRESPONDING WAIVER BY 100% OF THE MINORITY SHAREHOLDERS OF THE COMPANY OF THE SAME; (V) DIVESTMENT OF ASSET, TITAN MINING ENERGY CORPORATION; AND (VI) CONDUCT OF FOLLOW-ON OFFERING ("FOO") ONE YEAR AFTER COMPLETION OF THE SHARE SWAP ("TAX-FREE EXCHANGE"), AND DELEGATION OF AUTHORITY TO THE BOARD TO DETERMINE THE TERMS AND CONDITIONS OF THE FOO. |