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Certificate of Tax Exemption No. DT-377-2021

Certificate of Tax Exemption No. DT-377-2021 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 11, 2021

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October 11, 2021 CERTIFICATE OF TAX EXEMPTION NO. DT-377-2021 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the donation under the Deed of Donation dated July 16, 2018, executed by: Name of Donor TIN Address Henry Sy, Sr. in favor of: Name of Donee TIN Address Henry Sy Foundation, Inc. 10/F L.V. Locsin Building, 6752, Ayala Avenue, Makati City covering the amount of Three Hundred Fifty Million Pesos (Php350,000,000.00), 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 National Internal Revenue Code (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 P30.00 imposed under Section 188, Tax Code of 1997, as amended by Republic Act (RA) No. 10963 or TRAIN Law. 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 11th day of October, 2021. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Renumbered by Republic Act No. 10963.

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