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ARTICLES OF INCORPORATION

OF
JABP TRAVEL, INC.

KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all citizens of the Philippines, married, of legal age, and
all of whom are residents of the Philippines, have this day voluntarily associated
ourselves together for the purpose of forming a corporation under the laws of the
Philippines.

AND WE HEREBY CERTIFY:

FIRST: That the name of the corporation shall be:

JABP TRAVEL, INC.

SECOND: That the purpose for which such corporation is incorporated is:

To engage in the business of tours and travel agencies, sell package tours to and from the
Philippines and to represent tour operators in the Philippines and abroad: to offer a wide
selection of Philippine destinations and professional services in the field of travel and
tourism, to arrange the various modes of transport, but also may be able to save money
with early booking discounts, special fares, hotel deals and
travel advisories, to staff qualified Philippines’ travel agents to make sure all
arrangements and special requests are fulfilled to expectations of the clients

THIRD: That the principal office of the corporation is located in the City of Taguig,
Manila, Philippines.

FOURTH: That the term for which the said corporation is to exist is 50 years from and
after the date of issuance of the certificate of incorporation

FIFTH: That the names, nationalities and residences of the incorporators of the
corporation are as follows:

NAME NATIONALITY RESIDENCE


Judy Ann B. Paulan Filipino Taguig City
Kendall K. Jenner Filipino Taguig City
Kylie K. Jenner Filipino Taguig City
Gigi A. Hadid Filipino Taguig City
Cara D. Delevigne Filipino Taguig City

SIXTH: That the number of directors of the corporation is five (5) who are also the
incorporators.

SEVENTH: That the authorized capital stock of the corporation is Fifty Million Pesos
(P50,000,000), divided into shares 5,000,000 shares with the par value of TEN PESOS
(P10) per share.

EIGHTH: That the subscribers to the capital stock and amount paid-in to their
subscription are as follows:

NAME OF NATIONALITY NO. OF SHARES AMOUNT AMOUNT


SUBSCRIBER SUBSCRIBED SUBSCRIBED PAID

Judy Ann B. Paulan Filipino 1,800,000 18,000,000 15,000,000


Kendall K. Jenner Filipino 1,600,000 16,000,000 10,500,000
Kylie K. Jenner Filipino 1,200,000 12,000,000 3,500,000
Gigi A. Hadid Filipino 200,000 2,000,000 1,500,000
Cara D. Delevigne Filipino 200,000 2,000,000 1,100,000
TOTAL 5,000,000 50,000,000 31,600,000

NINTH: That no transfer of stock or interest which would reduce the ownership of
Filipino citizens to less than the required percentage of the capital stock as provided by
existing laws shall allowed or permitted to be recorded in the proper books of the
corporation and this restriction shall be indicated in all the stock certificates issued by the
corporation.

TENTH: That Kendall K. Jenner has been elected by the subscribers as treasurer of the
corporation to act as such until his successor is duly elected and qualified in accordance
with bylaws; and that as such Treasurer, he/she has been authorized to receive for and in
the name and for the benefit of the corporation, all subscriptions paid in by the
subscribers.

ELEVENTH: That the incorporators undertake to change the name of the corporation
immediately upon receipt of notice or directive from the Securities and Exchange
Commission that another corporation, partnership or person has acquired a prior right to
the use of that name or that the name has been declared misleading, deceptive,
confusingly similar to a registered name, or contrary to public morals, good customs or
public policy.

IN WITNESS WHEREOF, we have hereunto signed these Articles of Incorporation, this


day of January 26, 2015 in the City of Taguig, Republic of the Philippines.

___________________ ___________________

Judy Ann B. Paulan Kendall K. Jenner

___________________ ___________________

Kylie K. Jenner Gigi A. Hadid

___________________

Cara D. Delevigne

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