D.B. Daffodil Realty, Inc.Board Meeting Minutes January 23, 2016

7:00 p.m.

Board Members: Present: Daphne Lunsayan, Rener Michael Roldan, Janus Mari Aban, Annalou Zambrano, Daniel MentalAbsent: NoneQuorum present? Yes

Proceedings:

· Meeting called to order at 7:00 p.m. by Chair, Daphne Lunsayan

- Chairman Lunsayan recommends for the start of the election of the Chief Executive Officer (CEO). After a brief discussion, the board agreed.- Roldan nominated Mental to the position of CEO. Zambrano nominated Roldan to the position. Aban moved to close the nominations. Zambrano seconded the motion. Zambrano and Aban voted for Roldan. Lunsayan voted for Mental. Roldan is elected CEO.- Board Member Mental

· Assessment of the Meeting:- Kyumoto noted that the past three meetings have run over the intended two-hour time slot by half an hour. He asked members to be more mindful and focused during discussions, and suggested that the Board Development Chair take an action to identify solutions to this issue. Chair, Carver, agreed.

· Meeting adjourned at 9:30 p.m.· Minutes submitted by Secretary, Bhata Bhatacharia.