FIRST DIGITAL FINANCE CORPORATION

LOAN AGREEMENT
FIRST DIGITAL FINANCE CORPORATION ("Lender") with address at 9/F TM Kalaw Center Building, 667 TM Kalaw Ave, Ermita, Manila

and Mico Gonzales Alvarez ("Borrower") with address at Zone 4, Brgy. Bulacnin, Lipa City, Batangas, and with registered email address

of micogray31@gmail.com hereby agree to enter into this Loan Agreement this 28th of Nov, 2020 .

The Borrower and Lender may be collectively referred to as the “Parties” and individually as “ Party.”

In consideration of the Parties’ mutual rights and obligations, the Parties execute this Agreement as follows:

1. Loan availment. The Lender hereby extends to the Borrower a Loan in the principal amount of THREE THOUSAND

PESOS (PHP 3,000.00) subject to the following:

1. Interest rate: 3.49 % per month

2. Service charge: PHP 300.00

3. Other charges: as authorized by law which are enumerated in this Agreement and in the Disclosure Statement of Loan and Credit

Transactions (“Disclosure Statement”) attached as Annex "A" hereof

4. No. of Installments: Six (6)

5. Installment Amount: FIVE HUNDRED AND FORTY-NINE PESOS (PHP 549.00)

Payment of installments shall start on 11th of Dec, 2020 and shall follow the schedule in the Disclosure Statement.

The Borrower agrees that any principal and interest not paid when due shall become immediately due and payable. The Borrower waives

any demand, presentment for payment, and notice of dishonor. The Borrower agrees that the Lender may accept partial or delayed
payment and such acceptance shall not operate as a waiver of its rights and remedies to which it is entitled to by virtue of the Borrower's

failure to fully pay this Note on the due date. An additional fee in the amount of TWO THOUSAND PESOS shall be charged in the event

that the Borrower requests the Lender to hold the presentment of a check representing payment of an installment before the Drawee

Bank on the due date thereof.

The Borrower agrees and understands that any partial payment or performance on this Note or any extension granted will not alter or

vary the terms of the original conditions of the obligation nor discharge the same, and such partial payment or performance shall be

considered as a written acknowledgment of this obligation which shall interrupt the period of prescription. For such partial payment or
extension granted, the Borrower agrees to continue to pay the late payment charge and late interest charge penalty mentioned above

per month until paid.

The Borrower understands that it may pay in advance the remaining months in this Note with the Lender provided that it pays the full

amount remaining as written in any remaining post-dated checks issued to the Lender. All taxes, surcharge, interests, and other
assessments payable to the Bureau of Internal Revenue due to the prepayment shall be for the Borrower’s account.

1.1. Loan disbursement may take a period of up to five (5) days from the date of this Agreement. The Borrower shall be notified through
email and/or SMS within five (5) days once the loan is disbursed.

2. Purpose. The loan proceeds shall be used only for the purpose of purchasing on installment for his personal use of service/s,

appliance/s or furniture/s as approved by FDFC.

3. Method of Loan disbursement. For purchases from the Merchant website as designated above, the loan proceeds shall be

disbursed through direct settlement of Borrower’s balance with the Merchant. For purchases of mobile load, the loan proceeds shall be
disbursed through sending of the equivalent mobile load to the Borrower’s designated mobile number. For other transactions, the loan
proceeds shall be disbursed through fund transfer to Borrower's designated e-wallet or bank account.

4. Extensions / Renewals. No extension or renewal of this Loan Agreement shall be valid and binding unless approved in writing by
the authorized officer/s of the Lender and as agreed to by the Borrower in accordance with the policies of the Lender.

5. Eligibility Criteria. The release of the proceeds of this loan shall be subject to approval based on Lender's verification of Borrower's
identity and other information. Should the release of such loan proceeds be disapproved for any reason, the Lender has no obligation to
furnish the reason for the rejection. In such an event, this Loan Agreement shall be deemed to be automatically cancelled without need
of further notice.

6. Loan Disbursement. The loan disbursement is final and is not reversible. The Lender shall not be responsible for any loan proceeds

disbursed to the wrong Merchant, bank account, or e-wallet due to erroneous inputs made by the Borrower. The Lender shall not be held
liable should there be any delays or problems in loan disbursement due to issues of the Merchant or third parties which the Borrower has
chosen for the loan release method nor shall such issues affect any of the terms of this Note.

7. Non-liability Clause. The Lender makes no representations or warranties of any kind, express or implied, about the completeness,
accuracy, reliability, suitability or availability with respect to any information, products, services, or related graphics contained in the

Merchant website where the loan proceeds will be used. Any reliance the Borrower may place on such information is therefore strictly
and exclusively at the risk of the Borrower.

In no event shall the Lender be liable for any loss or damage arising from any technical issues on the Merchant website, change of price

without prior notice, unavailability of item, delay in delivery, non-delivery of ordered item, defects in the item purchased, enforcement of
product warranty, or any other claim, liability or responsibility arising from the use of the Merchant website, the quality of the item
purchased/service rendered, or the delivery of the item purchased.

Moreover, Lender shall not be responsible for any misuse or unauthorized use of the shopping voucher sent by Lender to Borrower. Thus,
Borrower warrants that he shall exercise the necessary precaution to secure the shopping voucher for his exclusive use.

8. Application of Payment. Any and all payments made by the Borrower shall be applied on the following items in the order they are
listed:

Any stamp duty or other charges permitted by law

In payment of enforcement expenses

Late payment penalties

Past due unpaid items from the oldest due date to the latest in the following order of items:

Fees

Interest

Principal

9. Default. Upon the happening of any of the following events, the Lender may, at its option, accelerate maturity of this Loan and the

entire outstanding amount of this Loan shall automatically become due and payable without demand or notice:

The Borrower is in default in respect of any other obligation with the Lender or its subsidiaries, which obligation(s) may now be

existing or may subsequently be granted to the Borrower by the Lender or its subsidiaries/ affiliates;

The Borrower violates any of the terms and conditions of this Loan Agreement; Any interest or installment is not paid on due date;

The Borrower violates the terms and conditions of any contract with any other banks, persons, corporations or entities, for the
payment of borrowed money, or any other events of default in such contracts should occur;

Any creditor, by legal process, attempts to or shall attach or levy on the Borrower's money or any property in the possession or
custody of the Lender;

The Borrower applies for voluntary relief or is made subject to proceedings under bankruptcy or insolvency laws;

The Borrower dies;

In case of conviction for a criminal offense with final judgment carrying with it the penalty of civil interdiction affecting the
Borrower or any of the Borrower's properties;

Upon the occurrence of any act or event which in the Lender's opinion, results in the impairment of the financial capacity of the
Borrower; or

The Lender believes on reasonable ground that it was induced by fraudulent misrepresentation of the Borrower to approve the
loan application.

10. Effects of Default. Upon the default of the Borrower as herein defined, the account of the Borrower shall be considered a

"delinquent account" for purposes of the late payment charges, provided below, and the Lender shall be authorized, at its option, to
disallow any further loan applications. The amount certified by the Lender as the amount outstanding shall be prima facie evidence of the
amount due as at the date thereof.

The Lender reserves the right to endorse the account to a collection agency of its choosing in the event of default, provided, that in case
of such endorsement, the Lender shall inform the Borrower at least seven (7) days prior to the actual endorsement.

Further, in the event of default, the Borrower hereby knowingly and voluntarily agrees to deliver all the thing/s purchased from the

Merchant (using the loan proceeds/ shopping voucher from Lender, whether such shopping voucher constitutes full or partial payment of
such purchase/s) to the Lender for the purpose of using the same as partial payment, without prejudice to the right of the Lender to claim
any deficiency from the Borrower. The items so delivered by the Borrower shall be assessed based on their current market value for the
purpose of computing the amount of payment to the Lender, or deficiency, if any. The Lender shall have the right to refuse the
acceptance of any such item to be delivered by the Borrower, if, in Lender’s judgment, the item is already defective, damaged, or is no

longer usable.

For this purpose, the Borrower hereby constitutes the Lender or the latter’s representatives, agents, or employees, as the Borrower’s true
and lawful attorney-in-fact, duly-authorized to enter the premises of Borrower’s residence located at Zone 4, Brgy. Bulacnin, Lipa City,

Batangas or any other premises where the Borrower may have transported the thing/s purchased with the loan proceeds, in order to
retrieve the thing/s purchased, regardless of their condition or state where they may be found.

The Lender shall have the exclusive right to choose its legal remedy to collect payment, and the availment of one remedy shall not

constitute a waiver of any other remedies available under existing laws, or under this Agreement.

11. Late Payment Charges. If the Borrower's account is delinquent, a late payment charge of Fifty Pesos (P50) per installment per day
shall be added to the outstanding balance from due date thereof until fully paid. In case the account is transferred to the Collection
Department, the Borrower agrees to pay, as and for collection processing fee, the amount of P500, plus transportation expense of P450
for every field visit conducted.

12. Change of Address. The Borrower undertakes to inform the Lender in writing within five (5) days from any change in his/ her
residence address from the one stated in this Loan Agreement. Should he/ she fail to do so, the entire balance of the loan obligation
including any interest, penalty or charge shall be immediately demandable by the Lender without need of further demand.

13. Right of Offset. The Borrower hereby authorizes the Lender upon his default, to apply in payment of his obligations under this Loan
Agreement, any and all of my monies or properties of any kind whatsoever which, for any reason, are presently or may hereafter come

into the possession of the Lender. This is without prejudice to the Lender's right to pursue and exercise alternatively, concurrently and
cumulatively all other rights and remedies now or hereafter available to it under the other credit instruments and the applicable laws.

14. Collection/Attorney's fees. In case of delinquency or default and a legal proceeding to recover any unpaid obligation under this
Loan Agreement is commenced, the Borrower agrees to pay, as and for attorney's fees, a sum equivalent to twenty percent (20%) of the
total amount due under this Loan Agreement but in no case less than TEN THOUSAND PESOS (PhP 10,000), plus expenses and costs of

collection, in case this Loan Agreement is placed in the hands of an attorney for collection.

15. Waivers. The Borrower waives in advance his right to make application of payment under Art. 1252 of the Civil Code of the
Philippines (RA No. 386), especially in the case where the Borrower has more than one obligation in favor of the Lender, regardless of the
source and nature of the said obligations.

The Borrower hereby willingly, voluntarily, and with full knowledge of his right under the law, waives the right to confidentiality of
information and authorize the Lender to disclose, divulge and reveal any such information relating to Borrower's loan availment, including
events of default, for the purpose of, among others, client evaluation, credit reporting or verification and recovery of the obligation due
and payable to the Lender under the terms and conditions of this Loan Agreement.

In view of the foregoing, the Lender may disclose, divulge and reveal the aforementioned information to third parties, including but not
limited to the Borrower's employer, credit bureaus, the Lender's affiliates, subsidiaries, agents, service providers, as well as any
prospective assignee or transferee, rating agency, insurer, and any such person, entity or regulatory body that may be required by law
or competent authority.

The Borrower holds the Lender free and harmless from any and all liabilities, claims and demands of whatever kind or nature in
connection with or arising from the aforementioned disclosure or reporting.

16. Data Privacy. The Borrower hereby voluntarily agrees to the collection, storage, use, and retention of his/her personal data and
likewise to the sharing of such data as provided under the Privacy Police of the Lender as found in this website: https://billease.ph/privacy
and subject to the provisions of Republic Act No. 10173 otherwise known as the Data Privacy Act of 2012.

The Borrower hereby voluntarily consents to the collection, storage, use, sharing, and retention of personal data that was: (i) provided
through the Lender’s websites and applications; (ii) provided through communications to the Lender; (iii) collected through our

applications such as your photograph obtained via access to your smartphone camera or photo gallery and your phone, email, or social
media contact lists for the purpose of KYC (Know Your Customer) and preventing fraud; (iv) collected from various services and networks,
including financial institutions, financing companies, lenders, your employer (for auto-debit or other auto-deduction mechanisms)
whether private or public, telecommunication companies (such as Globe Telecom, Inc., Smart Communications, Inc., PLDT, Inc., Sun
Cellular/Digitel Mobile Philippines, Inc.), utility companies (such as Meralco/Manila Electric Company, Maynilad Water Services, Inc.,
Manila Water Company, Inc.), government agencies (such as SSS, GSIS, NSO, BIR), credit bureaus (such as the CIC, NFIS), remittance
companies (such as Palawan Express, Cebuana Lhuillier), insurance providers (such Sun Life Grepa Financial, Inc., Insular Life), financial
service providers (such as CC Mobile Financial Services Philippines, GCash/G-Xchange, Inc., PayMaya Philippines, Inc.) and other service
providers, online or otherwise; and (v) from outside sources.

The Borrower hereby voluntarily consents to the collection, storage, use, sharing, and retention of his/her personal information such as
name, address, phone numbers, email address, date of birth, employment and banking and financial details; demographic and lifestyle
information; information we receive when making a decision about you, your loan or application (including information collected from
credit bureaus or other sources); details of the loans you have and have had with us and all transactions; details of when you contact us
and when we contact you; mobile device data (such as SIM, IMEI, or other device identifiers, type of device, device operating system,
device settings, user account information for your mobile device or Google PlayStore account, information about mobile network
provider, device specifications), location data (such as mobile device location, time zone setting); phone data (such as contact lists, SMS
metadata, types and nature of mobile applications found on your mobile device); mobile app usage data (such as traffic volume, mobile
app usage) and telecommunications usage data or “telco usage score”; as well as any other information which we reasonably need to
operate your account, make decisions about you or fulfill our regulatory obligations.

The Borrower hereby voluntarily consents to the collection, storage, use, sharing, and retention of his/her personal data for: (i)
determination of creditworthiness, conducting all the necessary background checks that may include credit scoring and investigation, and
data analytics; (ii) data analytics, statistical analysis and demographics, business development purposes (such as improvement of the
websites, mobile applications, and the Lender’s credit scoring algorithm/s, the creation of effective service delivery and payment
collection strategies, improving customer experience and customer assistance), and the direct marketing of the Lender’s existing and
prospective financial services as well as the products and services of its Partners; (iii) for fraud detection, investigation, and prevention;
(iv) for all phases of provisioning the products and services that the Borrower may apply for including evaluation of loan applications, its
automated processing, complying with eKYC (Know Your Customer) regulations required by the Securities and Exchange Commission,
Bangko Sentral ng Pilipinas, and the Anti-Money Laundering Council, credit verification, credit scoring, and payment collection.

The Borrower hereby voluntarily consents to the sharing and disclosure of his/her personal data with any Third Party Entities (“Partners”)
engaged by the Lender for the purposes stated above. These Partners shall refer to the Borrower's employer (for auto-debit or other
auto-deduction mechanisms) whether private or public, telecommunication companies (such as Globe Telecom, Inc., Smart
Communications, Inc., PLDT, Inc., Sun Cellular/Digitel Mobile Philippines, Inc.), utility companies (such as Meralco/Manila Electric
Company, Maynilad Water Services, Inc., Manila Water Company, Inc.), government agencies (such as SSS, GSIS, NSO, BIR), credit
bureaus (such as the CIC, NFIS), remittance companies (such as Palawan Express, Cebuana Lhuillier), insurance providers (such Sun Life
Grepa Financial, Inc., Insular Life), financial service providers (such as CC Mobile Financial Services Philippines, GCash/G-Xchange, Inc.,
PayMaya Philippines, Inc.) and other service providers which help the Lender operate the business and that provide the Lender products
and services or who the Lender provides products and services.

Furthermore, the Borrower hereby voluntarily consents to the sharing of his/her personal data with: (i) any person who has told the
Lender and based on reasonable belief to be the Borrower’s parent, guardian, carer, or helper, when proof is presented that the Lender is
unable to handle your own affairs because of mental incapacity or other similar issues for the purpose of proper handling of said affairs;
(ii) with any payment system we may use for the purpose of disbursement of loan proceeds and payment of loans; (iii) with any person to
whom the Lender sells or transfers (or enters into negotiations to sell or transfer) its business or any of its rights or obligations under this
Agreement; (iv) certain authorities in order to detect and prevent terrorism (including to authorities outside the Philippines); (v) with
regulatory agencies and government authorities (including but not limited to, the Bangko Sentral ng Pilipinas, the Bureau of Internal
Revenue, the National Bureau of Investigation, the Office of the Ombudsman), including those overseas, when requested by them to do
so; (vi) with credit bureaus or any similar organization which provides a centralized application matching service that collects information
from and about mortgage and/or credit applications, for the purpose of preventing and detecting fraud. The Lender may also provide
information to third parties to help make decisions about whether to lend to the Borrower, allow the Borrower extended payment terms
or otherwise do business with the Borrower.

If any information is different from the information on record with First Digital Finance Corporation before the execution of this
agreement, the Borrower hereby authorizes First Digital Finance Corporation to update its existing records with the information stated in
this agreement or from other sources. The Borrower undertakes to immediately report any intended or actual changes in his/her home,
office, and mobile phone numbers and other such data necessary for communication.

17. No Implied Waivers. No failure or delay on the part of the Lender in exercising any right or power hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise of any other right or power hereunder. No modification or waiver of any provision
of the Credit Instruments and no consent to any departure therefrom by the Borrower, shall, in any event, be effective unless the same
be in writing, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No
notice to or demand in similar or other circumstances.

18. Separability Clause. If any provision of this Agreement is declared invalid or illegal by court of competent jurisdiction, such
invalidity or illegality shall not in any way affect the remaining valid provisions hereof or any vested right which may have already
accrued in favor of the Lender.

19. Taxes, etc. Any and all taxes, charges, or assessments of whatever kind or nature to which this Loan Agreement, at any time or in
the future may be subject, shall be for the sole and exclusive account of the Borrower.

20. Right to Assign. The Lender may assign, transfer and convey any or all of its rights and interest over this Loan Agreement and the
Collateral, if any, without the consent of the Borrower.

21. Book Records as Evidence. The books of the Lender shall be final and conclusive evidence concerning the amount due and owing
to it from the Borrower under this Loan Agreement, in the absence of manifest error.

22. Venue. Any court action arising under or by virtue of this Loan Agreement shall be instituted in the proper court of Manila City, to
the exclusion of all other courts. By his/ her signature hereunder, the Borrower irrevocably submits to such venue.

The Borrower hereby acknowledges having read, understood and hereby agrees to bind himself/herself to these terms and conditions
governing the loan availment from First Digital Finance Corporation.

On this 28th of Nov, 2020.

Digitally signed by Mico Gonzales Alvarez via OTP = sent to phone number +639557096887