CAP FAMILY OF COMPANIES REF: IFO-JMS-GEN-2019-0004 01 March 2019 FOR : ALL LFAC HEAD/ BUILDING COORDINATORS OR ADMINISTRATORS FROM : THE CFO SUBJECT : RENTAL PAYMENT MONITORING We are tasked by our new trustee bank, EAST WEST BANK (EWB) , to monitor the payment of all lessees in our buildings nationwide, In the process of accounting for all deposits made by our lessees directly to East West bank (formerly Phil. Veterans Bank) starting October 2018, we noted various discrepancies in the lease contract amount and actual payment. In this regard, in order for us to properly account the deposits made by our lessees directly to EWB and subsequently pay the correct GRT or Percentage tax to BIR, we would like to seek your help/assistance in providing us with the breakdown of their payment to EWB starting October 2018 . We noted that most of their payments did not agree with the contract amount. In so doing, we can accurately record their payments and collect whatever discrepancy(cies), if any. Please coordinate with all the lessees concerned and ask them or help you fill ‘out the attached RENTAL PAYMENT MONITORING FORM ASAP because the deadiine in remitting to BIR the GRT is fast approaching. Thank you for your cooperation. JOSE! . santos biw, Chief Finance Officer