ACC 110 10:30-12:00 TTh

BERNADOS, Angelo
GAMAYON, Mary Joy
TUTOR, Francis G.

Nature of Business:

Bloomberry Resorts Corporation (PSE: BLOOM) is a public company listed on the Philippine
Stock Exchange that develops tourist facilities, casino entertainment, and hotel and amusement-themed
projects.

As of December 31, 2018 and 2017, direct and indirect subsidiaries of Bloomberry include:

Effective Percentage of Ownership (%)

2018 2017
Direct Indirect Direct Indirect
Sureste 91 9 91 9
Bloomberry Resorts and Hotel Inc. - 100 - 100
Bloom Capital B.V.* 100 - 100 -
Solaire de Argentina S.A. (through Bloom Capital B.V)* - 94 - 94
Solaire Korea 100 - 100 -
G&L (through Solaire Korea) 10 86 10 86
Muui (through Solaire Korea)* - 80 - 80
*has not started commercial operations

Related Parties Transactions

Transaction Amounts Outstanding
Receivable (Payable)
Related Party Nature/ Terms of Transaction 2018 2017 2018 2017

Bloomberry 2% of non-junket gaming 521,434,684 386,172,965 49,296,070 (32,184,947)

Cultural revenue;
Foundation** unsecured; payable within
one year
Bloomberry Noninterest-bearing and (13,937,640) 10,529,574 259,195 14,196,835
Cultural unsecured
Foundation** advances (to be settled within
1 year); no
impairment
Officers and Interest-bearing and 249,020 15,047,809 10,251,394 10,002,374
employees unsecured cash advances
to be settled through salary
deduction within 1
year; no impairment
Other affiliates* Aircraft maintenance 84,333,031 69,981,994 (159,008,742) (74,175,711)
reimbursements;
noninterest-bearing
Key management Retirement benefits 1,870,645 3,055,947 (8,804,162) (6,933,517)
personnel Short term employee
benefits
ACC 110 10:30-12:00 TTh

*Under common control **Corporate social responsibility sector of the Group