Divina Gracia A.

Javier
Certified Public Accountant

22 JULY 2022

THE SECURITIES AND EXCHANGE COMMISSION

Gentlemen:

In compliance with the requirements of the Securities and Exchange Commission in connection with the
application for the increase in capital of Victoria Ciudad Realty and Leasing Corp. from One Million
(P 1,000,000.00) Pesos to Fifty Million (P 50,000,000.00) pesos. I hereby submit my audit report, audit procedures
undertaken and my comments regarding the special examination conducted on books of accounts, more particularly
on the cash receipts and disbursement books of the corporation.

The results of my examination are as follows:

1. Examination of the corporation’s cash receipt book disclosed that the cash payments made by the subscribing
stockholders on their subscription to the increase in the paid-up capital were entered therein as evidenced by
the accompanying Official Receipts (OR):

Name Date OR No. Amount

1. MELVIN M. NUÑEZ 06-13-2022 01555 P 600,000.00
2. ALEXANDER M. NUÑEZ 06-13-2022 01555 P 600,000.00
3. GERALD CHRISTOPHER M. NUÑEZ 06-13-2022 01555 P 600,000.00
4. MARIE CHRISTINE N. CALUMPANG 06-13-2022 01555 P 600,000.00
5. LUCILA G. NUÑEZ 06-13-2022 01555 P 600,000.00
6. MELVIN M. NUÑEZ 06-13-2022 01555 P 1,000,000.00

TOTAL P 4,000,000.00

2. The above described payments represent fresh and additional paid-up capital of the corporation.

3. I have verified and validated that the total subscription payment amounting to Four Million (P 4,000,000.00)
Pesos was deposited to the corporation’s Metrobank Account No. 070-3-07039307-8 on 22 July 2022 and
that the deposits were made in cash as supported by accompanying photocopy of deposit slip and included in
the corporate bank passbook issued by Metrobank.

4. I have further verified the disbursement records of the corporation and noted that the cash payments were
neither originally disbursed by the corporation to the subscribers concerned in the form of loans, and/or
advances, and subsequently for the said increase of the capital, nor were cash payments subsequently
disbursed or returned to them by the corporation in the form of loans and/or advances.

Divina Gracia A. Javier

CPA Certificate No. 47039
BOA AN. 2528, 01.01.2022 to 12.31.2024
BIR AN 09-006190-001-2020 / 3.13.20 to 03.12.23
PTR No. CD3149746, Issued on February 23, 2022
Issued in City of Dasmariñas, Cavite
TIN 118-256-359
July 22, 2022 / City of of Dasmariñas, Cavite

Villa Luisa Homes 1, San Agustin III, Dasmariñas, Cavite • Email Add: gracejavier1216@yahoo.com.ph
Conneticut St. B25 L16, Manuelaville, of Dasmariñas, Cavite • Contact no. 0928-5066483