REPUBLIC OF THE PHILIPPINES )

CITY OF MANILA ) S.S.

DEED OF SALE WITH MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, Juan dela Cruz, of legal age, Filipino, and resident of 2 Recto Ave., Manila, for and in
consideration of the sum of NINETY THOUSAND PESOS (90,000.00), receipt of which is
hereby acknowledged do hereby ASSIGN, CEDE, TRANSFER AND CONVEY unto Maria
Reyes, likewise of legal age, and resident of 8 Espana Blvd., Manila, all his/her rights, title,
ownership and interest over its subscription to One Hundred Thousand (100,000.00) shares of
the capital stock of X Corporation, including advances due from said corporation. It is, however,
understood that the assignee shall assume any and all unpaid subscription on the said shares.

The assignor hereby irrevocably CONSTITUTE, NAME AND APPOINT the assignee to
be his/her true and lawful attorney-in-fact to make representations with the corporate secretary
and to cause the annotation of this assignment in the books of the corporation.

IN WITNESS WHEREOF, I have signed this deed this 3 rd day of March, 2015 at the City
of Manila, Philippines.

(Sgd.) Juan dela Cruz (Sgd.) Maria Reyes

Assignor Assignee

SIGNED IN THE PRESENCE OF:

(Sgd.) Julia Mendoza (Sgd.) Pedro Santos

Witness Witness

JOINT ACKNOWLEDGMENT