FoodPanda

Dear Sir/Mam:

Relative to the Bureau of Internal Revenue (BIR) Regulations on withholding tax, the Company is
mandated to withhold and remit the taxes from income payments of suppliers. Thus, service fees
charged to the Company’s sales collection are subject to withholding tax and the Company will issue a
Certificate of Creditable Withholding Tax (BIR form 2307) for tax withheld and remitted.

The Company recorded service fees in 2022 amounted to Php4,384,982.47 with corresponding
withholding taxes amounted to Php87,699.65, and in January to March 2023 amounted to
Php812,147.81 with corresponding withholding taxes amounted to Php16,242.96. In connection with
the service fees, the Company is requesting to collect the withholding tax deducted from the Company’s
sales collection as the said withholding tax is remitted to the BIR. The Company will issue the BIR form
2307 in every remitted sales collection.

To avoid any inconvenience to both of us, we suggest you send us your billing and the report of collected
sales on our behalf and we will prepare in advance the BIR form 2307 awaiting the remittance of
collected sales.

In case you require clarification on the above matters, we are open to face-to-face discussions, just let us
know your convenient schedule.

Thank you.

Very truly yours,