AMENDED

ARTICLES OF INCORPORATION
OF

NEGROS GOLDEN HERITAGE COMPANY, INCORPORATED

Know all Men By These Presents:

The undersigned incorporation, all of legal age and majority of whom are residents of the
Philippines, have this day voluntarily agreed to form a non- stock corporation under the laws of
the Republic of the Philippines.

THAT WE HREBY CERTIFY:

FIRST: The name of this corporation shall be:

NEGROS GOLDEN HERITAGE COMPANY, INCORPORATED

SECOND: A. That the primary purpose of this corporation is

To offer TVET programs and operate as Assessment Center under TESDA and conduct
assessment and certification examination across all sectors/ industry; to offer into any lawful
arrangement for sharing profits, union of interest, utilization or farmout agreement, reciprocal
concession or cooperation with any corporation, association, partnership, syndicate, entity,
person or governmental, municipal or public authority, domestic or foreign in the carrying on of
any business or transaction, deemed necessary, convenient or incidental to carrying out any of
the purpose of this corporation; to acquire or obtain from any government or authority, national,
provincial, municipal or otherwise, or any corporation, company or partnership or person, such
charter, contracts, franchise, privileges, exemption, licenses and concessions as may be
conducive to any of the objects of the corporation.

(as amended on September 19, 2015)

That the secondary purpose of this corporation are:

To engage in, conduct and carry on the business of buying, selling, distributing,
marketing at wholesale and retail in so far as may be permitted by law, all kinds of goods
commodities, wares and merchandise of every kind and description; to enter into all kinds of
contracts for the export, import, purchase, acquisition, sale at wholesale or retail and other
disposition for its own account as principal or in representative capacity as manufacturer’s
representative, merchandise broker, indentor, commission merchant factors or agents, upon
consignment of all kinds of goods, wares, merchandise or products whether natural or artificial.
 To act as Foreign Exchange Dealer (FXD) Money Changer (MC) or to engage in the
business of buying and/or selling foreign currencies on real time basis as defined under Bangko
Sentral ng Pilipinas Circular 271 dated January 25, 2005.

To act remittance agent (RA) or to engage in the business of remittance transferring, or

transmitting money on behalf of any person to another person and/or entity defined under
existing Bangko Sentral ng Pilipinas rules and regulations.

(as amended September 19, 2015)

B. That the Corporation shall have all the express powers of a corporation as provided for
under SECtion 36 of the Corporation Code of the Philippines, and subject to the existing rules
and regulations issued by the Banko Sentral ng Pilipinas.

THIRD: That the place where the principal office of the corporation is to be established at:

No. Street: Cor. Mabini - J.M Basa St., Brgy. III, Poblacion (IfApplicable)
City/ Town: La Carlota City, Negros Occidental – (as amended January 10, 2019)

FOURTH: That the term of which the corporation is to exist is fifty (50) years from and after the
date of issuance of the certificate of incorporation.

FIFTH: That the names, nationalities, and residences of the incorporators are as follows:

Name Nationality Residence

(Complete Address)

William G. Lim Filipino Sta. Clara Subd., Bacolod City

Vicky L. Lim Filipino Sta. Clara Subd., Bacolod City

Joseph Benjamin L. Lim Filipino Villamonte, Bacolod City

Francis John L. Lim Filipino Sta. Clara Subd., Bacolod City

Charisse L. Lim Filipino Sta. Clara Subd., Bacolod City

SIXTH: That the number of directors of said corporation shall be five (5) years and that the
names, nationalities and residences of the first directors who are to serve until their successors
are elected and qualified as provided by the by – laws are as follows:

Name Nationality Residence

(Complete Address)

William G. Lim Filipino Sta. Clara Subd., Bacolod City

Vicky L. Lim Filipino Sta. Clara Subd., Bacolod City

Joseph Benjamin L. Lim Filipino Villamonte, Bacolod City

Francis John L. Lim Filipino Sta. Clara Subd., Bacolod City

Charisse L. Lim Filipino Sta. Clara Subd., Bacolod City

SEVENTH: That the authorized capital stock of the corporation is TEN MILLION PESOS
(P10,000,000.00) in lawful money of the Philippines divided into ONE HUNDRED
THOUSAND PESOS (100,000.00) shares with the par value of one hundred pesos (P100.00) per
share.

EIGHT: That at least 25% of the authorized capital stock has been subscribed and at least 25%
of the total subscription has been paid as follows:

Name Nationality No. of Shares Amount Amount

Subscribed Subscribed Paid

William G. Lim Filipino 6,500.00 P 650,000.00 P162, 500.00

Vicky L. Lim Filipino 6,500.00 650,000.00 162, 500.00

Joseph Benjamin L. Lim Filipino 4,000.00 400,000.00 100,000.00

Francis John L. Lim Filipino 4,000.00 400,000.00 100,000.00

Charisse L. Lim Filipino 4,000.00 400,000.00 100,000.00

Total 25,000.00 2,500,000.00 625,000.00

NINTH: No transfer of stock or interest which would reduce the stock ownership of Filipino
citizens to less than the required percentage of the capital stock as provided by existing laws
shall be allowed or permitted to be recorded in the proper books of corporation and this
restriction shall indicated in the stocks certificates issued by the corporation.

TENTH: That Vicky L. Lim has been elected by the subscribers as treasurer of the corporation to
act as such until his/her successor is duly elected and qualified in accordance with the by – laws,
and that as such Treasurer, he/she has been authorized to receive for and in the name and for the
benefit of the corporation, all subscription paid by the subscribers.

ELEVENTH: That the corporation manifests its willingness to change its corporate name in the
event another person, firm or entity has acquired a prior right to use the said firm name or one
deceptively or confusingly similar to it.

In Witness whereof, we have set our hands this 20th day of June 2005 at, Bacolod City.

(Sgd) William G. Lim (Sgd) Vicky L. Lim

WILLIAM G. LIM VICKY L. LIM

(Sgd) Joseph Benjamin L. Lim (Sgd) Francis John L. Lim

JOSEPH BENJAMIN L. LIM FRANCIS JOHN L. LIM

(Sgd) Charisse L. Lim

CHARISSE L. LIM

WITNESS:

(Sgd) Illegible_____________________________ (Sgd) Illegible_______________________

(All incorporators appearing on the fifth article and the two witnesses should affix their
signatures on the blanks provided in this page above their respective names)

ACKNOWLEDGEMENT
Republic of the Philippines)
City of Bacolod ) S.S

BEFORE ME, a notary Public in and for Bacolod City Philippines, this 20th day of June,
2005 personally appeared:

Name Community Tax Date & Place Issued

Certificate No.

William G. Lim 03200207 June 6, 2005 Bacolod City

Vicky L. Lim 03200208 June 6, 2005 Bacolod City

Joseph Benjamin L. Lim 03200221 Jan. 11, 2005 Bacolod City

Francis John L. Lim 03200209 June 6, 2005 Bacolod City

Charisse L. Lim 03200210 June 6, 2005 Bacolod City

All known to me and to me known to be the same persons who executed the foregoing Articles
of Incorporation and they acknowledged to me that the same is their free and voluntary act and
deed.

IN TESTOMONEY WHEREOF, I have hereunto set my hand affixed my notarial seal on

the date at the place first above written.

Doc No. 203, (Sgd) Leonardo C. Casiple

Page No. 85, LEONARDO C. CASIPLE
Book No. XIV, NOTARY PUBLIC
Series of 2005 Until December 31, 2006
PTR No. 1873087/1/03/05
Bacolod City
Roll No. 30370/IBP 629673
TIN 108-577-013