Farmers Savings and Loan Bank, Inc.

May 17, 2022 BANK BULLETIN NO. 2022-15 TO : All BIR Authorized Agent Banks SUBJECT : Farmers Savings and Loan Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from FARMERS SAVINGS AND LOAN BANK, INC. with head office address at McArthur Highway, Brgy. Wakas, Bocaue, Bulacan in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 640.A dated May 12, 2022 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated receiver, as stated in the letter dated May 13, 2022 of Mr. Angel B. Obrero, Officer-in-Charge, Receivership and Bank Management Group of PDIC. The Bank has seven (7) branches located at the following addresses: Branch Address Angat BLU 30 Matias A. Fernando Ave., Brgy. San Roque (Pob.), Angat, Bulacan Bulacan Camino Real St., Brgy. San Jose (Pob.), Bulacan, Bulacan Guiguinto Cagayan Valley Rd., Brgy. Santa Cruz, Guiguinto, Bulacan Norzagaray BLU A. Payumo St., Brgy. Poblacion, Norzagaray, Bulacan Pulilan Pulilan Regional Road, Brgy. Cutcot, Pulilan, Bulacan Pulong Buhangin Km. 38, Brgy. Pulong Buhangin, Sta. Maria, Bulacan Sta. Maria 20 C. De Guzman St., Brgy. Poblacion, Santa Maria, Bulacan For your guidance and strict compliance. CAESAR R. DULAY Commissioner of Internal Revenue By: (SGD.) MARISSA O. CABREROS Deputy Commissioner Legal Group Officer-in-Charge ATTACHMENT PHILIPPINE DEPOSIT INSURANCE CORPORATION May 13, 2022 MR. CAESAR R. DULAY Commissioner Bureau of Internal Revenue BIR National Office Building Agham Road, Diliman, Quezon City Dear Commissioner Dulay: Please be informed that, pursuant to Section 30 of R.A. No. 7653 (New Central Bank Act), the Monetary Board, in Resolution No. 640.A dated May 12, 2022, prohibited FARMERS SAVINGS AND LOAN BANK, INC. ("Bank"), with head office address at McArthur Highway, Brgy. Wakas, Bocaue, Bulacan, from doing business in the Philippines and directed the PHILIPPINE DEPOSIT INSURANCE CORPORATION (PDIC) as Receiver to proceed with the takeover and liquidation of the Bank in accordance with Section 12 of R.A. 3591, as amended. The Bank has seven (7) branches located at the following addresses: Branch Address Angat BLU 30 Matias A. Fernando Ave., Brgy. San Roque (Pob.), Angat, Bulacan Bulacan Camino Real St., Brgy. San Jose (Pob.), Bulacan, Bulacan Guiguinto Cagayan Valley Rd., Brgy. Santa Cruz, Guiguinto, Bulacan Norzagaray BLU A. Payumo St., Brgy. Poblacion, Norzagaray, Bulacan Pulilan Pulilan Regional Road, Brgy. Cutcot, Pulilan, Bulacan Pulong Buhangin Km. 38, Brgy. Pulong Buhangin, Sta. Maria, Bulacan Sta. Maria 20 C. De Guzman St., Brgy. Poblacion, Santa Maria, Bulacan The PDIC took over the Bank and all its branches, assets, records and affairs on May 13 , 2022. Upon the placement of the Bank under liquidation, the powers, functions and duties, as well as the allowances, remunerations and perquisites of the directors, officers and stockholders of the Bank are terminated. Accordingly, the directors, officers and stockholders shall be barred from interfering in any way with the assets, records, and affairs of the Bank. Kindly address inquiries, communications or transactions relating to or involving the Bank to: The Public Assistance Department Philippine Deposit Insurance Corporation Mail/Courier at : PDIC Building, 2228 Chino Roces Avenue, Makati City 1231 Hotline : (02) 8841-4141 (for depositors within Metro Manila, during office hours) Toll Free : 1-800-1-888-7342 or 1-800-1-888-PDIC (for those outside Metro Manila, during office hours) Email : [emailprotected] Facebook : www.facebook.com/OfficialPDIC For visits to the PDIC PAC, clients are highly encouraged to request for an appointment, observe health protocols and present their vaccination cards. Appointment schedule may be secured through telephone, email or Facebook private message with contact details as provided above. Thank you. Very truly yours, (SGD.) ANGEL B. OBRERO Officer-in-Charge Receivership and Bank Management Group