ARTICLES OF INCORPORATION

OF
JAYE HANASH, INC.

Know All Men By These Presents:

The undersigned incorporators, all of legal age and majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a stock
corporation under the laws of the Republic of the Philippines.

THAT WE HEREBY CERTIFY THAT:

FIRST: The name of this corporation shall be:

JAYE HANASH, INC.

SECON (A.
The primary purpose of this corporation is:
D: )
1. To engage in the business of a holding company; to buy and
hold shares of other companies, whether common, preferred,
treasury, founders or other kinds of shares, either by
subscribing to the unissued shares of the capital stock in
public or private offerings or by purchasing the shares of other
stockholders by way of assignment in private sale; to invest in
the stock or equity of other companies; to acquire rights in the
stock of other companies by way of pledge, chattel mortgage
or assignment; to sell, dispose, assign, pledge or convey any
or all of its shareholdings in other companies in favor of
qualified persons by way of private sale, assignment or other
forms of private conveyance, all in accordance with the
Corporation Code, the Securities Act and other applicable laws
and regulations;
2 To engage in the business of a holding company; to buy and
. hold shares of other companies, whether common, preferred,
treasury, founders or other kinds of shares, either by
subscribing to the unissued shares of the capital stock in
public or private offerings or by purchasing the shares of other
stockholders by way of assignment in private sale; to invest in
the stock or equity of other companies; to acquire rights in the
stock of other companies by way of pledge, chattel mortgage
or assignment; to sell, dispose, assign, pledge or convey any
or all of its shareholdings in other companies in favor of
qualified persons by way of private sale, assignment or other
forms of private conveyance, all in accordance with the
 Corporation Code, the Securities Act and other applicable laws
and regulations;
3 To vote its shareholdings in other companies and exercise all
. the rights of a shareholder under the Corporation Code and
applicable laws;
4 To do other acts and things, necessary, desirable or
. appropriate for the attainment of the foregoing purposes.
(B) The secondary purpose of the corporation is: to acquire,
maintain and dispose of properties necessary to keep the
company in operation and to perform other acts and things
secondary or incidental to the primary purpose of the
corporation.
(C) The corporation shall have all the express powers of a
corporation as provided for under Section 36 of the
Corporation Code of the Philippines.
THIRD: The place where the principal office of the corporation is to be
established is at Cogon, Pardo, Philippines.
FOURTH: 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: The names , nationalities, and residences of the incorporators are as
follows:

NAME NATIONALI RESIDENCE

TY
Robert James Reid Australian 6 Banaba St., South Forbes, Cebu
City
Nadine Alexis Lustre Filipino # 15-02 Sovereign, 99 Meyer
Road,
Yasmin Isabel German Banaba Circle, Forbes Park, Cebu
Pressman City
Andre Paras Filipino
16-C Mahiyain St., Teacher's
Village West, Cebu City
Enrique Mari Gil Filipino
104 Havana Street, Greenpark
Village, Cebu City

SIXTH: That the number of directors of said corporation shall be five (5) and
that the incorporators shall constitute the first board of directors.

SEVENTH: The authorized capital stock of the corporation is FIVE HUNDRED

THOUSAND PESOS (P500,000.00) in lawful money of the Philippines, divided
into Five Thousand (5,000) shares, with a par value of One Hundred Pesos
(P100.00) per share.

EIGHT: At least 25% of the authorized capital stock has been subscribed and
at least 25% of the total subscription has been paid as follows:

NAME NATIONALI SUBSCRIB AMOUNT AMOUNT

TY ED SUBSCRIBE PAID
D
Robert James Reid Australian 600 P60,000.00 P35,000.
00
Nadine Alexis Lustre Filipino 735 P73,500.00 P2,000.0
0
Yasmin Isabel German 50 P5,000.00 P200.00
Pressman
Andre Paras Filipino 50 P5,000.00 P200.00
Enrique Mari Gil Filipino 65 P6,500.00 P100.00
TOTAL 1,500 P150,000.00 P37,500.
00

NINTH: No transfer of stock or interest which would reduce the stock

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 corporation and this restriction shall be
indicated in the stock certificates issued by the corporation.

Furthermore, no transfer of stock in favor of parties other than existing

stockholders shall be registered in the books of the corporation unless the
same is first tendered to the corporation or other existing stockholders under
the same terms and conditions, the same offer to be effective for a period
not exceeding thirty (30) days from such tender.

TENTH: That Nadine Alexis Lustre has been elected by the subscribers as
treasurer of the corporation to act as such until her 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 of the corporation, all
subscriptions paid in by the subscribers.

ELEVENTH: The Corporation manifests its willingness to change its

corporate name in the event another person, firm or entity has acquired a
prior right to use the said firm name or one deceptively or confusingly similar
to it.
IN WITNESS WHEROF, we have set our hand this 17 th day of October 2016 in
Cogon, Pardo, Cebu City.

ROBERT JAMES REID NADINE

ALEXIS LUSTRE
TIN # 101-555-666 TIN # 102-666-555

ANDRE PARAS YASMIN

ISABEL PRESSMAN
TIN #102-565-656 TIN # 102-656-565

ENRIQUE MARI GIL

TIN # 101-201-413

ARTICLES OF
INCORPORATION
LAW III FINAL OUTPUT
Kelly Shaye C. Bayno
BSA IV

LAW III
TTH 5:30-7:00 PM