ARTICLES OF INCORPORATION

OF

ALBAY ANCOR CORPORATION

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:

Article I : The name of this corporation shall be:

ALBAY ANCOR CORPORATION

Article II : That the purposes for which the corporation was formed are:

PRIMARY PURPOSE:

To engage in the business of buying and selling, whole selling and retailing of
gas, oil and fuel, all types, forms and kinds of petroleum products and related services; to
enter into contract for the supply, procurement and distribution of such gas, oil, fuel and
all other types and kinds of petroleum products and services to all types and kinds of
customers, buyers, end-users of such products and services, such as but not limited to
private individuals, corporations, partnerships, government entities and units, national
and local; and undertake contracts and delivery, procurement and distribution of such
gas, oil and fuel, and all other types, forms and kinds of petroleum products and services,
not limited to its consumers and customers, but also the supply, delivery and distribution
to related business entities that engage in other allied and non-allied services and
undertakings, such as, but not limited to any or all kinds of transport, trucking and hauling
construction, where gas, oil, fuel and all other types of petroleum products and services
are necessary.

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 SECONDARY PURPOSES:

(1) To purchases, acquire, own, lease, sell, invest and convey real estate
properties such as lands, buildings, factories and warehouses, and
machineries, equipment, furniture, fixtures and other personal properties
as may be necessary or incidental to the conduct of the corporate business,
and to pay in cash or credit, share of its capital stock, debentures, and other
evidences of indebtedness, or other securities, and to acquire loans, as may
be deemed expedient, for any business or property acquisition by the
Corporation.

(2) To establish and operate branch offices or agencies to carry out any or all
of its operations and business without any restriction as to place or
amount;

(3) To engaged in conduct of other related, allied and non-allied business

activities and commerce such as but not limited to transport, hauling,
trucking, leasing, general construction, real estate development and
buying and selling real estates.

(4) To do and perform all acts and things necessary or incidental to the
accomplishment of the foregoing purposes or the exercise of any or all the
powers of a corporation for the benefit of this corporation and its
stockholders.

Article III : That the corporation shall have its principal office at :

Lakandula Street, Cor. Peñaranda Extension

Bonot, Legazpi City

Article IV: 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.

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 Article V: That the names, nationalities, and residences of the
incorporators, majority of whom are residents of the Philippines, are as follows:

Name Nationality Residence

1. MA. TERESA N. CRISTOBAL Filipino 719 Peñaranda Extention.,

Rawis, Legazpi City

2. CORAZON T. NIDEA Filipino Maria Clara St., Old Albay

District, Legazpi City

3. MA. PRECIOUSA T. NIDEA Filipino Maria Clara St., Old Albay

District, Legazpi City

4. MARY MARTIN KATHLEEN Maria Clara St., Old Albay

N. ONG Filipino District, Legazpi City

5. OSCAR RAYMUND H. Filipino 719 Peñaranda Extension,

CRISTOBAL Rawis, Legazpi City

Article VI : That the number of directors of said corporation shall be five (5) and
that the names, nationalities and residences of the first directors of the corporation,
majority of whom are residents of the Philippine, are as follows:

Name Nationality Residence

1. MA. TERESA N. CRISTOBAL Filipino 719 Peñaranda Extention.,

Rawis, Legazpi City

1. CORAZON T. NIDEA Filipino Maria Clara St., Old Albay

District, Legazpi City

2. MA. PRECIOUSA T. NIDEA Filipino Maria Clara St., Old Albay

District, Legazpi City

3. MARY MARTIN KATHLEEN- Maria Clara St., Old Albay

ONG Filipino District, Legazpi City

4. OSCAR RAYMUND H. Filipino 719 Peñaranda Extensio,

CRISTOBAL Rawis, Legazpi City

Article VII: That the authorized capital stock of the corporation is THREE
MILLION PESOS ( P3,000,000.00) in lawful money of the Philippines, divided into
THIRTY THOUSAND (30,000) shares with a par value of ONE HUNDRED PESOS
(P100.00) per share.

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 Article VIII: That the following persons have subscrined to the authorized capital
stock; and at least 25% of the authorized capital stock has been subscribed and at least
25% of the total subscription has been paid as follows:

No. of Amount Amount

Name Nationality Shares Subscribed Paid
Subscribed

1. MA. TERESA N. CRISTOBAL Filipino 7,250 P 725,000.00 P 725,000.00

2. CORAZON T. NIDEA Filipino 7,250 725,000.00 725,000.00

3. MA. PRECIOUSA T. NIDEA Filipino 7,250 725,000.00 725,000.00

4. MARY MARTIN KATHLEEN

N. ONG Filipino 7,250 725,000.00 725,000.00

5. OSCAR RAYMUND H.
CRISTOBAL Filipino 1,000 100,000.00 100,000.00

TOTAL 30 ,000 P3,000,000.00 P3,000.000.00

Article IX : That no transfer of shares or interests 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 the corporation and this restriction shall be indicated in the stock certificates issued by
the corporation.

Article X : MA. TERESA NIDEA CRISTOBAL 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, he has been
authorized to receive for and in the name and for the benefit of the corporation, all
subscriptions paid by the subscribers.

Article XI : That the incorporators and directors undertake to change the name of
the corporation as herein provided, or as amended thereafter, immediately upo 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 the name or that
the name has been declared as misleading, deceptive, confusingly simlar to a registerd
name, or contrary to public morals, good custom or public policy.

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 IN WITNESS WHEREOF, we have set our hands this _________ day of
______________ 2016 at Legazpi City, Albay, Philippines.

MA. TERESA N. CRISTOBAL CORAZON T. NIDEA

TIN No. 266 226 724 000 TIN NO. 168 536 111 000

MA. PRECIOUSA T. NIDEA MARY MARTIN KATHLEEN

TIN No. 927 505 925 000 N. ONG
190 654 845 000

OSCAR RAYMUND H. CRISTOBAL

TIN No. 925 458 835 000

Witnesses:

ABNER A. TY LINA A. PEREZ

(All iucorporators appearing on the fifth article and the two wituessess should affix their signatures on
the blanks provided in this page above their respective names.)

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 ACKNOWLEDGMENT

Republic of the Philippines )

City of Legazpi, Prov of Albay) S.S.

BEFORE ME , a Notary Public in and for Legazpi City, Philippines, this ________ day
of _____ 2016 personally appeared :

Tax Identificaton
Name Numbers Date & Place Issued

1. MA. TERESA N. CRISTOBAL TIN 266 226 724 000 BIR-RDO 67, Legazpi City

2. CORAZON T. NIDEA TIN 168 536 111 000 BIR-RDO 67, Legazpi City

3. MA. PRECIOUSA T. NIDEA TIN 927 505 925 000 BIR-RDO 67, Legazpi City

4. MARY MARTIN KATHLEEN

N. ONG TIN 190 654 845 000 BIR-RDO 67, Legazpi City

5. OSCAR RAYMUND H.
CRISTOBAL TIN 925 458 835 000 BIR-RDO 67, Legazpi City

all personally known to me and to me known to be the same persons who executed the foregoing
Articles of Incorporation and they acknowledged to me that the same is their free and voluntary
act and deed.

In witness whereof, I have hereunto set my hand and affixed my notarial seal on the date
and at the place first above written.

NOTARY PUBLIC
Doc. No. ____________ ;
Page No. ____________ ;
Book No. ____________ ;
Series of.____________ ;

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Republic of the Philippines )
City of Legazpi, Prov of Albay ) S S

TREASURER’S AFFIDAVIT

I, MA. TERESA NIDEA CRISTOBAL being duly sworn to, depose and say:

That I am the elected Treasurer of ALBAY ANCOR CORPORATION

which is in the process of incorporation with the Securities;

That as Treasurer, I am authorized to act as such until my successor has been duly
elected and qualified in accordance with the by-laws of the corporation;

That I certify that at least twenty five (25) of the authorized capital stock of the
above-mentioned corporation has been subscribed and at least twenty five (25) of the
subscription in the amount of THREE MILLION PESOS ( P 3,000,000.00 ) has been
paid, and received by me in cash/property for the benefit and credit of the corporation.

IN WITNESS WHEREOF, I hereby signed this affidavit this _____ day of

________ 2016 at Legazpi City.

MA. TERESA NIDEA CRISTOBAL

Affiant

SUBSCRIBED AND SWORN TO before me this ____ day of ______ 2016 at

Legazpi City affiant exhibited to me her _____________________ issued on
___________, ___________________.

NOTARY PUBLIC
Doc. No. ___________ ;
Page No. ____________ ;
Book No. ___________ ;
Series of.____________ ;