ARTICLES OF

INCORPORATION OF
YU GOOD WOODY PRODUCTS,
INC.
(Name of Corporation)

KNOW ALL MEN BY THESE PRESENTS:

That we, all of whom are of legal age, and resident of the Philippines, on this date, have voluntarily associated
ourselves together for the purpose of forming a corporation under the laws of the Republic of the Philippines.

THAT WE HEREBY CERTIFY:

FIRST: The name of the said corporation shall be:

YU GOOD WOODY PRODUCTS

INC.

SECOND: A. That the purpose or purposes for which such corporation is incorporated are:

1. To produce high-quality wood products that surpass our customers' expectations in terms of quality,
service, and value.
2. To properly manage all of our activities in the forests to establish healthy, functional forests and
ensure that the timber from the forests are completely and responsibly utilized.
3. To provide rewarding careers for our team members where they can learn, grow and enrich their lives
by engaging in the success of our Company.
4. To export and market processed goods locally.

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

“Yu Bldg” 1234 NW Bibcat Lane, St. Robert, Purok 5, Brgy Villarica, Midsayap,
North Cotabato, Philippines
FOURTH: That the term for which the association 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 of the association are as
follows:

Name Nationality Address

1) Hazel Yu Filipino Purok 5, Villarica, Midsayap, North Cotabato
2) Almira Yu Filipino Purok 6, Villarica, Midsayap, North Cotabato
3) Monique Yu Filipino Purok 6, Villarica, Midsayap, North Cotabato
4) Ian Yu Filipino Purok 8, Villarica, Midsayap, North Cotabato
5) Gabriel Jordan Filipino Purok 9, Villarica, Midsayap, North Cotabato
6) Cali Perez Filipino Purok 9, Villarica, Midsayap, North Cotabato
SIXTH: That the number of directors of the corporation is six (6) who are also the incorporators.
Name Nationality Address
7) Hazel Yu Filipino Purok 5, Villarica, Midsayap, North Cotabato
8) Almira Yu Filipino Purok 6, Villarica, Midsayap, North Cotabato
9) Monique Yu Filipino Purok 6, Villarica, Midsayap, North Cotabato
10) Ian Yu Filipino Purok 8, Villarica, Midsayap, North Cotabato
11) Gabriel Jordan Filipino Purok 9, Villarica, Midsayap, North Cotabato
12) Cali Perez Filipino Purok 9, Villarica, Midsayap, North Cotabato

SEVENTH: That the authorized capital stock of the corporation is FIVE MILLION PESOS (P
5,000,000.00) Philippine, currency, and said capital stock divided into FIFTY THOUSAND ( P
50,000.00) SHARES with a par value of ONE HUNDRED PESOS (P 100.00) Philippine Currency,
each.

EIGHT: That the subscribers to the capital stock and have furthermore agreed to pay am amount of
equal to Ten Percent (10%) of their subscribed capital stock to form a contributed surplus fund.

Name No. of Share Amount Contributed Surplus

subscribed subscribed
1. Hazel Yu 15,000.00 1,500,000.00 150,000.00
2. Almira Yu 10,000.00 1,000,000.00 100,000.00
3. Monique Yu 10,000.00 1,000,000.00 100,000.00
4. Ian Yu 5,000.00 500,000.00 50,000.00
5. Gabriel Jordan 5,000.00 500,000.00 50,000.00
6. Cali Perez 5,000.00 500,000.00 50,000.00
Total 50,000.00 5,000,000.00 500,000.00

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

TENTH: That Almira Yu has been elected by the s u b s c r i b e r s as Treasurer

of the
association 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 subscriptions paid in by the subscribers.

ELEVENTH: That the incorporators undertake to change the name of the corporation immediately
upon receipt of notice or directive from the Securities and Exchange Commission that another
corporation, partnership or person has acquired a prior right to the use of that name has been declared
misleading,deceptive, confusingly similar to registered name, or contrary to public morals, good
customs or public policy.
 In witness whereof, we have set our hands this 15th day of March, 2023, in the City /
Municipality of Midsayap Province of North Cotabato , Republic of the Philippines.

WITNESSES:

ABI RAYA SANTI ROSS KNOA SCOTT

SIENNA RAYA VEENA AMILA

 ACKNOWLEDGEMENT

Republic of the Philippines)

NORTH COTABATO) S.S.

BEFORE ME , a Notary Public in and for NORTH COTABATO Philippines, this

_15th day of September, 202 3 personally appeared :

Name Community Tax Certificate No. Date & place Issued

1. Hazel Yu 8166726 North Cotabato, August 08, 2023

2. Almira Yu 5572964 Kidapawan City, August 15, 2023
3. Monique Yu 4671897 North Cotabato, August 25, 2023
4. Ian Yu 5682091 Davao City, September 03, 2023
5. Gabriel Jordan 7692018 North Cotabato, August 04, 2023
6. Cali Perez 3580690 North Cotabato, September 9, 2023

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 TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the
date and at the place first above written.

Doc. No. 381 ;

Page No. 9 2 ;
Book No. XIII ;
Series of 2023.
 TREASURER'S AFFIDAVIT

Republic of the Philippines)

NORTH COTABATO )S.S.

I, Almira Yu, being duly sworn, depose and say:

That I have been elected by the subscriber of the corporation as treasurer thereof, to act such
until my successor has been duly elected and qualified in accordance with the by-laws of the
corporation, and that as such Treasurer, I hereby certify under oath that at least 10% of the authorized
capital stock of the corporation has been subscribed and at least 10% of the subscription has been paid,
and received by me in cash for the benefit and credit of the corporation.