MAPECON PHILIPPINES, INC.

Manila Pest Control Company [MAPECON] was organized as a sole proprietorship with PhP **0.*0 capitalization in ***1. On May ***8, it was incorporated with an authorized capital stock of PhP 1M and was increased to PhP 2M in ***9, divided into **0,**0 shares at PhP *0.*0 par value per share.

All shares are subscribed and paid up. As of December ***5, its corporate assets have totaled PhP *1M. It has *0% share holding [capitalized at PhP *9.5M] in MAPECON Green Charcoal Philippines, Inc. [MGCPI], a subsidiary company.

Since MAPECON produces not only pesticides but also Green Charcoal [GC] and Activated  Carbon [AC], its corporate name was changed to MAPECON Philippines, Inc. in ***6.