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COMMERCIAL LEASE – LETTER OF INTENT

Date: July 11, 2022

To,

Ms. Marilou Arcenas


EVP
Arcenas Properties
Paseo Arcenas, Labangon, Cebu City

Subject: Leasing of Commercial Space

I would like to present this Letter of Intent to signify our interest in leasing a commercial space inside
Arcenas Properties.

Our venture will be focused on pet services which include boarding, grooming, and clinical services.

We are looking into opening around the 4th quarter of 2022 and our concept would require 100-150
square meters.

I believe that our business model complements the business concept of Paseo Arcenas because we cater
to the same target market. Thus, we would appreciate it if you would contact us through this number
(09177054581) so we can discuss further on the terms and come up with a formal business agreement.

Thank you very much.

Yours sincerely,

Michael Clyde A. Sanchez

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