Articles of Incorporation

Of
YOUR CHOICE REAL ESTATE, INC.
(Name of the Corporation)

KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all of legal age and majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a stock
corporation under the laws of the Republic of the Philippines;

AND WE HEREBYCERTIFY:

FIRST: That the name of said corporation shall be

“YOUR CHOICE REAL ESTATE, INC”.

SECOND: That the primary purpose for which such corporation is

incorporated:
PRIMARY PURPOSE

To secure by purchase, lease, option or otherwise and to invest, own,

improve, develop, subdivide, operate, manage any real estate and other
properties so acquired; to erect or cause to be erected on any land owned,
held or occupied by the Corporation, any housing or condominium project,
building or other structures with their appurtenances and to mortgage or sell
any housing or condominium units, rooms or parts of the buildings or
structures held, owned or developed by the Corporation; to engage in real
estate business; to invest in, hold, own, purchase, acquire, lease, contract,
operate, improve, develop, manage, grant, sell, exchange, or otherwise
dispose of properties of every kind and description, including shares of stock,
bonds, and other securities or evidence of indebtedness of any other
corporation, association, form, or entity, domestic or foreign, where
necessary or appropriate, and to possess and exercise in respect thereof all
the rights, powers and privileges of ownership, including all voting powers of
any stock so owned; provided that the Corporation will not engage in the
business of being a broker/dealer in securities, transfer agent,
commodity/financial futures exchange/ broker/ merchant, investment
house, and an investment company adviser/mutual fund distributor of any
investment company/mutual fund company.'

THIRD: That the principal office of the corporation is located in the

City/Municipality of Cebu, Province of Cebu, Philippines;
 FOURTH: That the term for which said corporation 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 are
as follows:

NAME NATIONALITY RESIDENCE

205 Banica, Talamban, Cebu
Erica C. Borres Filipino City
Kapasar Phase II, Budlaan
Mary Ann J. Baguio Filipino Cebu City
Zone 1 Bombil, Canduman
Krisha Monique M. Rabago Filipino Mandaue City

Annalie B. Cono Filipino Cubacub, Mandaue City

Bacayan Villaleyson Phase 1
Lucelyn T. Omayao Filipino Blk 18 Lot 24

SIXTH: That the number of directors of the corporation shall be five (5) ; and
the names, nationalities and residences of the first directors of the corporation are
as follows:

NAME NATIONALITY RESIDENCE

205 Banica, Talamban, Cebu

Erica C. Borres Filipino City
Kapasar Phase II, Budlaan
Mary Ann J. Baguio Filipino Cebu City
Zone 1 Bombil, Canduman
Krisha Monique M. Rabago Filipino Mandaue City

Annalie B. Cono Filipino Cubacub, Mandaue City

Bacayan Villaleyson Phase 1
Lucelyn T. Omayao Filipino Blk 18 Lot 24

SEVENTH: That the authorized capital stock of the corporation is TWO

HUNDRED FIFTY MILLION PESOS (P250,000,000.00), divided into 10,000,000
shares with the par value of TWENTY FIVE PESOS (P25.00 ) per share.
 EIGHT: That the number of shares of the authorized capital stock above-
stated has been subscribed as follows:

Name of Subscriber Nationality No. of Shares Amount Amount Paid

Subscribed Subscribed

Erica C. Borres Filipino 3,500,000 87,500,000 87,500,000

Mary Ann J. Baguio Filipino 2,500,000 62,500,000 62,500,000

Krisha Monique Filipino 2,200,000 55,000,000 55,000,000

Rabago

Annalie B. Cono Filipino 1,000,000 25,000,000 25,000,000

Lucelyn T. Omayao Filipino 800,000 20,000,000 20,000,000

NINTH: That ERICA C. BORRES has been elected by the subscribers as

Treasurer of the Corporation to act as such until after the successor is duly elected
and qualified in accordance with the bylaws, that as Treasurer, authority has been
given to receive in the name and for the benefit of the corporation, all subscriptions,
contributions or donations paid or given by the subscribers or members, who
certifies the information set forth in the seventh and eighth clauses above, and that
the paid-up portion of the subscription in cash and/or property for the benefit and
credit of the corporation has been duly received.

TENTH: That the incorporators undertake to change the name of the

corporation immediately upon receipt of notice from the Commission that another
corporation, partnership or person has acquired a prior right to the use of such
name, that the name has been declared not distinguishable from a name already
registered or reserved for the use of another corporation, or that it is contrary to
law, public morals, good customs or public policy.

ELEVENTH: (Corporations which will engage in any business or activity

reserved for Filipino citizens shall provide the following):

“No transfer of stock or interest which shall 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 stock certificates issued by
the corporation.”
 IN WITNESS WHEREOF, we have hereunto signed these Articles of
Incorporation, this 10th day of March 2020, in the City/Municipality of Cebu,
Province of Cebu, Republic of the Philippines.

Erica C. Borres

Mary Ann J. Baguio

Krisha Monique Rabago

Annalie B. Cono

Lucelyn T. Omayao

(Names and signatures of the incorporators)

ERICA C. BORRES
_______________________________________
(Name and signature of Treasurer)