TO : ARNOLD S. BACABAC, JR.

SENIOR VICE-PRESIDENT
Countryside Branches Group Head

RE : REPLY TO THE NOTICE TO EXPLAIN AND PREVENTIVE SUSPENSION

DATE : 14 December 2018

Good Day!

This letter is written to explain myside to the given notice to explain and preventive suspension with the charges
given in violating the Company’s Code of Discipline:

Part III, Section V. Employees Work Duties and Responsibilities

Item No. 3 – Negligence in the performance of assigned duties.

As to date, I am the assigned Sales Administration Staff of ORIX Metro Leasing and Finance Corporation – Solano
Branch. My main duties and responsibilities are to book accounts of clients and to ensure that the legal documents
for the processing of loan will be fulfilled. I believe in my self-assessment, I always do my part to do my duties and
responsibilities satisfactorily. Based on the audit findings from the year 2016 to July 2017 when I am still the
Branch Accountant, all of the necessary documents like Disbursement Vouchers and Journal Vouchers are complete
and fairly presented.

Part III, Section VII. Trust and Confidence

Item No. 1 – Misappropriation or malversation of cash collections, or other funds belonging to ORIX
METRO or misappropriation of cash advances for registration, chattel mortgage, etc;

Item No. 2 – Committing any act of forgery, fraud, falsification, alterations, fabrications of documents,
receipts to support claims for reimbursement expenses, such as but not limited to per diems, transportation
expense, or basis for payments to suppliers or customers;

Item No. 15 – Similar or analogous acts of dishonesty, fraud and breach of trust that affects the company’s
interest.

I can provide necessary documents to prove that the allegations are false. The entire documentary stamps remittance
thru MetroBank Trust Corp. Solano Branch has been properly paid. My cash advances have been appropriated only
for the processing of the documents of loans like the Registry of Deeds registration and LTO annotation.

Reimbursements have been made in good faith so that deferment of the processing of loans will be minimized and
upon the reimbursement, all of the attachments are assured that it has not been falsified and has approved by my
immediate supervisor. The attachments cannot be easily fabricated because it is a legal government document that is
also subject for the audit of Commission on Audit.

In the case of item no. 15, I believe that I am doing my job with all honesty without fraud and breach of trust that
affects the company’s interest.

I hope this explanation is enough to justify myself that I have not committed all of the allegations thrown to me and
I am hoping for your consideration because I too do not want this to happen and I will not to anything that can
damage the company and my own image.

Thank you! God speed!

MICHELLE D. SOLOMON
SALES ADMINISTRATION/ACCOUNTING STAFF
Solano Branch