DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale, made and executed in the City of Iligan, Philippines,
this __ day of _________ 202_, by and between:

SARAH JANE SALGADO-PADILLA, of legal age, US Citizen, married, and

resident of 1372 Via Savona DR Henderson, NV 89052-3098 represented herein by
her Attorney-in-Fact, TRISHA ANN P. SALGADO, likewise of legal age, Filipino , and
resident of 32A National Highway, Tibanga, Iligan City, Philippines 9200, hereinafter
called the “VENDOR”. A copy of the Special Power of Attorney dated July 05, 2023
and notarized before the Notary Public, State of Nevada, by Charles Nickerson, of
Carson City, Nevada, U.S.A. is attached hereto and made an integral part herein as
Annex “A”.

- and –

MANDAUE FOAM INDUSTRIES INC., a corporation duly organized and existing

under and by virtue of the laws of the Republic of the Philippines with the principal
office address at Hernan Cortes Street, Tipolo, Mandaue City, Cebu, herein
represented by the president, MR. ROBIN T. UY and hereinafter called the VENDEE.
.

WITNESSETH:

That, for and in consideration of the sum of NINETEEN MILLION TWO HUNDRED
SEVENTY-TWO THOUSAND FOUR HUNDRED SEVENTY-SIX AND FIFTY-SIX
HUNDREDTHS (₱19,272,476.56), Philippine currency, exclusive from documentary
stamp tax, transfer tax, registration fees and all other expenses incident to the
present sale the responsibility of which shall be to the account of the vendee, while
capital gains tax, and real property tax for 2023 shall be the sole responsibility of the
vendor, the receipt whereof is hereby acknowledged from the VENDEE to the entire
satisfaction of the VENDOR, said VENDOR does hereby SELL, TRANSFER and CONVEY,
in a manner absolute and irrevocable, unto said VENDEE, their heirs and assigns, a
parcel of land consisting of SIX HUNDRED THIRTEEN (613) Square Meters more or
less. Said property is situated in Saray-Tibanga, and more particularly describe as
follows:

1 of 3 | P a g e
 Transfer Certificate of Title No. T – 58,935 (a.f)
A parcel of land (2805-E, of the subdivision plan (LRC) Psd-65749, being a portion of Lot 2805, of
cadastral survey of Iligan, (FPA-17-172), LRC Cad. Record No. N-146), situated in the Barrio of
Tibanga, City of Iligan, Island of Mindanao. Bounded on the NE., points 6 to 1 by Lot 2805-U:
and points 1 to 2 by Lot 2805-T: on the SE., points 2 to 3 by Lot 2805-F: on the SW., and W., points 3
to 6 by Road lot, all of the subdivision plan. Beginning at a point marked “1” on plan being N.
32 deg. 49’E., 862.20 m. from B.L.L.M. No. 1, Iligan Cadastre: T H E N C E. . . . . . . . . . . ..
S. 65 deg. 19’E., 18.30 m. to point 2; S. 24 deg. 41’W., 20.00 m. to point 3; N. 65 deg. 19’W., 22.00 m. to
point 4; N. 51 deg. 14’W., 4.23 m. to point 5; N. 2 deg. 41’W., 21.35 m. to point 6; S. 65 deg. 19’E., 17.62m.
to the point of beginning; containing an area of SIX HUNDRED THIRTEEN (613) SQUARE METERS, more or
less.

of which said VENDOR is the owner of the afore-described property, and that
the VENDOR hereby state, for the purpose of giving full effect and validity to this
sale, that she has reserved to herself sufficient property, in full ownership or in
usufruct which is necessary and adequate for her support in consonance with her
standing in society;

That the VENDOR hereby warrants valid title to, and peaceful possession of
the property herein sold and conveyed, and further declare that the same is free
from all liens and encumbrances of any kind whatsoever.

IN WITNESS WHEREOF, the Parties have hereunto set their hands at Iligan
City, Philippines, this ____ day of __________, 202_.

SARAH JANE SALGADO-PADILLA

Represented by her Attorney-in-Fact:

TRISHA ANN P. SALGADO

Vendor (T.I.N: 366349464-000)

MANDAUE FOAM INDUSTRIES INC.

by:

ROBIN T. UY
Vendee

SIGNED IN THE PRESENCE OF:

_________________ and _________________

2 of 3 | P a g e
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

City of Iligan ) s.s.

BEFORE ME, a Notary Public for Iligan City and the Province of Lanao del Norte
personally appeared the following persons:

NAMES ID PRESENTED DATE ISSUED BY

1. TRISHA ANN P. SALGADO PRC NO. 0086532 21/DEC/2025 PRC-CDO

2. Robin T. Uy

known to me and to me known to be the same persons who executed the foregoing
Deed of Absolute Sale consisting of three (3) pages including this acknowledgment
whereon parties acknowledged before me as their free and voluntary act and deed
of the entities they are respectively representing.

Doc. No. ____

Page No. ____
Book No. ____
Series of 202___.

3 of 3 | P a g e