Certificate of Tax Exemption No. DT-210-20

March 10, 2020 CERTIFICATE OF TAX EXEMPTION NO. DT-210-20 CERTIFICATE OF TAX EXEMPTION issued to AAA TIN: This certifies that the donation under the Deed of Donation dated July 30, 2013, executed by AAA in favor of: Name of Donee TIN Address FELICIDAD T. SY FOUNDATION, INC. covering the following stocks: Stock Certification Number No. of Shares of Stock Stocks/shares par value Corporation 5,000,000 P______ 1,000,000 P______ being a gift in favor of a charitable institution is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2) 1 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. However, the Deed of Donation is subject to documentary stamp tax (DST) of Seventy-five centavos (P0.75) 2 on each Two Hundred Pesos (P200.00) imposed under Section 175, and to DST of P15.00 imposed under Section 188 of the Tax Code of 1997, as amended. Moreover, any gain derived by Felicidad T. Sy Foundation, Inc. from the subsequent sale of said shares, shall be subject to the capital gains tax under Sec. 27 (D) (2) of the 1997 Tax Code as amended. 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 10th day of March, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963. 2. Note from the Publisher: Copied verbatim from the official document. Missing Footnote Text .