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Cheryl S.

Sumanoy November 13, 2012

ARTICLES OF INCORPORATION OF EVERLASTING CORPORATION


KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all of legal age and a majority of whom are residents of the Philippines, have this 5th day of October, 2012 voluntarily agreed to form a stock corporation under the laws of the Republic of the Philippines. And we hereby certify: First: That the name of the said corporation shall be EVERLASTING CORPORATION; Second: That the purpose for which such corporation is incorporated is as follows: In order to form, establish, and administer a school with a high standard of education, with emphasis on the development of the arts, the moulding of the youth in good conduct and science research, and for this purpose, to open and maintain a school from elementary to the collegiate level, in accordance with the new and modern methods of teaching.

Third: That the principal office of the corporation is located at No. 143, Banilad, Cebu City, Philippines;

Fourth: That the term for which the said 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 of the incorporation are as follows: Name Julie Grace Gayo Biem Kuhle Maria Melissa Torres Rey Caballero Hope Tinambacan Nationality Filipino Filipino Filipino Filipino Filipino Address Mandaue City Lahug, Cebu City Lapu-Lapu City, Cebu Osmena Blvd., Cebu City AS Fortuna, Cebu City

Sixth: That the number of the directors of the corporation shall be five (5); and the names, nationalities and residences of the first directors of the corporation are as follows: Name Julie Grace Gayo Biema Kuhle Maria Melissa Torres Rey Caballero Hope Tinambacan Nationality Filipino Filipino Filipino Filipino Filipino Address Mandaue City Lahug, Cebu City Lapu-Lapu City, Cebu Osmena Blvd., Cebu City AS Fortuna, Cebu City

Seventh: That the authorized capital stock of the said corporation is EIGHT HUNDRED THOUSAND PESOS (800,000.00) in lawful money of the Philippines, divided into TWENTY THOUSAND (20,000) SHARES with a par value of FORTY PESOS (40.00) PER SHARE. Eight: That at least twenty-five (25%) percent of the authorized capital stock above-stated has been subscribed as follows: Name of subscriber Julie Grace Gayo Biema Kuhle Maria Melissa Torres Rey Caballero Hope Tinambacan TOTAL Nationality Number shares subscribed 1,000 1,000 1,000 1,000 1,000 5,000 of Amount subscribed 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 200,000.00

Filipino Filipino Filipino Filipino Filipino

Ninth: That the above-named subscribers have paid at least twenty-five (25%) percent follows: Name of subscriber Julie Grace Gayo Biema Kuhle Maria Melissa Torres Rey Caballero Hope Tinambacan Total paid-in cash Amount subscribed 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 Php 200,000.00

Tenth: That Cherry Ozoa has been elected by the subscribers as Treasurer of the Corporation to act as such until his successor is duly elected and qualified in accordance with the by-laws, and that as such Treasurer, she has been authorized to receive for and in the name and for the benefit of the corporation, all subscriptions (or fees) or contributions or donations paid or given by the subscribers or members.

Eleventh: No transfer of stock or interest which will reduce the ownership of Filipino citizens to less than the required percentage of the capital stock as

provided by existing laws shall be allowed or permitted to be recorded in the proper books of the corporation and this restriction shall be indicated in all the stock certificates issued by the corporation. IN WITNESS WHEREOF, WE have hereunto signed these Articles of Incorporation, this 5th day of October, 2012, inCebu City, Republic of the Philippines.

JULIE GRACE GAYO

MARIA MELISSA TORRES

BIEM KUHLE

REY CABALLERO

HOPE TINAMBACAN

SIGNED IN THE PRESENCE OF:

JOAN SARIO

HOPE TINAMBACAN

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES ) CITY OF CEBU )

SS.

BEFORE ME, a notary public in and for the city of Cebu, this 5th of October, 2012 personally came and appeared;

Name Julie Grace Gayo Biema Kuhle Maria Melissa Torres Rey Caballero Hope Tinambacan

CTC nos. 15750516 14641627 16530726 15962348 13736934

Date and place of issue January 2, 2012, Mandaue City January 5, 2012, Cebu City March 2, 2012, LapuLapu City Febraury 1, 2012, Cebu City January 10, 2012, Cebu City

Known to me and to be the same persons who executed the foregoing Articles of Incorporation and acknowledged to me that the same is their own free and voluntary act and deed for the purposes and uses herein stated. WITNESS MY HAND AND SEAL on the date, place and year first above written.

ATTY. CHERYL S. SUMANOY Notary Public until December 31, 2013 PTR No. 212567/05-01-12/Cebu City IBP No. 786805//10-01-12/Cebu City Roll No. 24355 Doc. No.: 1260 Page No.: 53 Book No.: V Series of 2012

TREASURERS AFFIDAVIT

REPUBLIC OF THE PHILIPPINES ) CITY OF CEBU )

SS.

I, CHERRY OZOA, being duly sworn, depose and say: That I have been elected by the subscribers of the corporation as Treasurer thereof, to act as such until my successor has been duly elected and qualified in accordance with the by-laws of the corporation, and that as such Treasurer, I hereby certify under oath that at least 25% of the authorized capital stock of the corporation has been subscribed and at least 25% of the total subscription has been paid, and received by me, in cash or property, in the amount of not less than P5,000, in accordance with the Corporation Code.

CHERRY OZOA

Subscribed and sworn to before me, a Notary Public, for and in the City of Cebu, this 5th day of October 2012, by Cherry Ozoa, with Resident Certificate number 2339859 issued at Cebu City on January 4, 2012.

ATTY. CHERYL S. SUMANOY Notary Public until December 31, 2013 PTR No. 212567/05-01-12/Cebu City IBP No. 786805//10-01-12/Cebu City Roll No. 24355 Doc. No.: 1261 Page No.: 53 Book No.: V Series of 2012