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ARTICLES OF INCORPORATION OF ALSON SPORTSWEAR INCORPORATED. (Name of Corporation) Know All Men By These Presents: The undersigned incorporators, all of whom are of legal age and majority of whom are residents of the Philippines, Filipinos, Nave on this day, voluntarily agreed to form a stock corporation under the laws of the Republic of the Philippin THAT WE HEREBY CERTIFY: FIRST: That the name of this Corporation shall be ALSON SPORTSWEAR IN PORATE! SECOND: A: That the primary purpose of this Corporation is; Toyengage in, Gonduct, and carry on the business of manufacturer and exporter of apparel, andother related custom tailoring as wellas manufacturing of sportswear. THIRD: That the place where the principal office of the corporation is to be established or located is at Old Road, Me Arthur Hiway, Telabastagan, City of San Fernando, Pampanga. FOURTH: That the term for which the Corporation is to exist is fifty (50) years from and after the date of issuance of the Certificate of Incorporation. FIFTH: That the names, nationalities and residences of the incorporators are as follows: NAME ALSON L. BUNGAY MYLA M. BUNGAY AMBER M. BUNGAY MELVIN M. BUNGAY LAUREL M. MERCADO NATIONALITY, FILIPINO FILIPINO FILIPINO FILIPINO FILIPINO RESIDENCE # 3.Briones St Phase | Holy Angel Vill, Telabastagan, CSF Pampanga #3 Briones St Phase I Holy Angel Vill, Telabastagan, CSF Pampanaa # 3 Briones St Phase I Holy Angel Vill, Telabastagan, CSF Pampanga #3 Briones St Phase |/Holy Angel Vill, Telabastagan. Purok 7 Barangay Lara CSF, Pampanga SIXTH: That the ftumber of directors of the Corporation shall be five (S) and that the names, nationalities and residence of the first directors of who are to serve until their successorsvare cleeted and qualified as provitled by) the by-laws arc as follows: SEVENTH: That the authorized capital stock of the Corporation is TEN MILLION.(P 10, 000,000.00) PESOS) in lawful money of the Philippines, divided into ONE HUNDRED _ THOUSAND (100,000) shares with a par value of ONE AUNDRED (P100,00) PESOS per share, EIGHT: That at least 25% of the authorized capital stock has been fully ‘subscribed and at least 25% of the total subscription has been paid as follows: No of Amount NAME NATIONALITY Shares Subseribed Paid Subscribed ALSON L. BUNGAY FILIPINO 14,750 1,475,000 304.780 MYLA M. BUNGAY FILIPINO 5,000 500,000 125,000 AMBER M. BUNGAY FILIPINO 2500 >s0.000 02.506 MELVIN M. BUNGAY FILIPINO 2,500 62.500 LAUREL M. MERCADO FILIPINO 250 6250 Total 25000 2.500.000 025,000. NINTH: That no transfer of stocks or interest which Would reduce the stock ownership of Filipino citizens to less than the percentage of the capital stock as provided by existing law shall be allowed or permitted to be recorded in the Corporate. Books and this restriction shall be indicated in the'stock certificates issued by the corporation. TENTH: That MYLA M, BUNGAY: has been lected by the Subscribers as Treasurer of the corporation to-aetias such until his/her successor is‘duly elected and qualified in accordance with the by-laws; and that as such Treasurer, (he/she) has been authorized to recive for and in the, name and for the benifit of the corporation, all subscriptions paid by the subscribers ELEVENTH: That the incorporations undertake to change its corporate name immediatgly upon receipts 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 thatwname has been declared as misleading, deceptive, confusingly similar to a registered namepor contrary to public morals, good customs or public policy. IN WITNESS WHEREOF, we have hercunto affixed our signatures this_® day of January 2013, at the Telabastagan , City of San Fernando, Pampanga , Philippines Ch yao AMBER GUNGAY Zp) Lareh/ WITNESSES: ~~, puRHAM ROSE WALLER ACKNOWLEDGMENT Republic of the Philippines utzon Gay ss BEFORE ME, a Notary Public in and for 9% 3°R.Ci4"" Philippines, this B® day of January, 2013 personally appeared: Name TIN# ALSON L. BUNGAY 157-743-492 MYLA M. BUNGAY 299-190-477 AMBER M. BUNGAY 299-191-277 MELVIN M. BUNGAY 299-190-890 LAUREL M. MERCADO. 231-424-900 All known to me and to me-KnoW to Be'Same persons who execited the foregoing Articles of Incorporation, and they acknowledged to me that the same ithe free and voluntary act and deed, IN TESTIMONY WHEREOF, I have heretinto set any hand and affixed my notarial seal ofthe date and at the place fist above written, ie PH UDG. Pocrec NOTARY PUBLIC Until December 31, 2013 Doc No. la: Page No _G Book No._23_ Series of 2013.

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