(Client’s Letterhead)

[Predecessor auditor]
[Address]

Attention: [Partner]
Partner

Financial statements audit as at and for the year ending December 31, 202X of
[Client]

Dear Ma’am:

We wish to formally inform you that Isla Lipana & Co., a PwC member firm, has been appointed to be the
external auditors of the above-mentioned entity as at and for the year ending December 31, 202X. To
facilitate their audit in accordance with Philippine Standards on Auditing (PSA), please allow their
engagement team to have access and review the working papers relative to your audit of the financial
statements of the above-mentioned entity as at and for the year ending December 31, 202X.

As you are aware of, the review of the said working papers is part of their procedures to obtain sufficient
competent evidential matter relating to transactions in previous years. The foregoing procedures will
provide a reasonable basis for expressing their opinion on respective financial statements as at and for the
year ending December 31, 202X. Their representatives, [Successor auditor - Partner] (Partner), [Successor
auditor - Manager] (Assistant Manager) and [Successor Auditor - Senior Associate] (Senior Associate) will
arrange with you the time and date of the review.

We would like to take this opportunity to thank you and your staff for the professional services that you
have rendered to us the past years. We hope for the future success and growth of your firm.

Yours very truly,

_________________
[Client authorized representative]
[Designation]

cc: [Partner]
Partner
Isla Lipana & Co.,
a PwC member firm