Certificate of Tax Exemption No. 607-18

April 5, 2018 CERTIFICATE OF TAX EXEMPTION NO. 607-18 CERTIFICATE OF TAX EXEMPTION issued to MONTE RIO, INC. Monte Rio Compound, Montemayor Street, Alaminos City, Pangasinan SEC Registration No. ASO96-005421 TIN: 000-000-000-000 This certifies that the Deed of Donation dated February 25, 2014 executed by MONTE RIO, INC. , represented by its _____________, AAA, in favor of: Name of Donee TIN Address Congregation of the Little Servant Sisters of the Blessed Virgin Mary of the Immaculate Conception, Inc. 000-000-000-000 2655 F.B. Harrison St., Pasay City over a parcel of land particularly described as follows: HTcADC Transfer Certificate of Title (TCT) No. Area (in sq. m.) Location 22311 44,842 Bued, Alaminos, Pangasinan being a gift in favor of a religious corporation, is exempt from the payment of the donor's tax pursuant to Section 101 (A) (3) of the Tax Code of 1997, as amended, subject to the condition that not more than thirty percent (30%) of said gift shall be used by the donee for administration purposes. Moreover, the Deed of Donation is likewise not subject to the documentary stamp tax prescribed under Section 196 of the Tax Code of 1997, as amended, but only to the documentary stamp tax imposed under Section 188 of the same Code. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. Issued this 5th day of April, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue