COMPANY

2.1 COMPANY & INDUSTRY

Direct Selling Company Boardwalk Business Ventures, Inc. is a direct selling company with over 20 years of experience in the business. The company carries an extensive collection of affordable and trendsetting fashion pieces that are truly stylish and world-class. From casual to corporate clothes, underwear, jeans, shoes, bags, wallets, and fashionable timepieces for children, teens, and adults, Boardwalk has everything for everyone as the company continues to set new trends in the fashion industry. Led by its stalwarts, President Bernardo H. Madera and Vice President Imelda P. Madera, Boardwalk has become a force in the industry, becoming the measuring stick by which many others compare themselves to. To date, the direct selling business has over 1 million dealers; each and every one of them had their lives improved as Boardwalk remains ready and willing to provide every Filipino with the level of prosperity and abundance they can all look forward to. With over 50 full-blown branches and Branch Satellite Offices strategically positioned in key cities all over the country, the company continues to be steadfast in its pursuit to bring the Boardwalk brand to new heights. Awarded as the best direct sales company and one of the most outstanding organizations in the country, Boardwalk Business Ventures, Inc. is in the business of empowering people first as it takes pride in uplifting the lives of every Filipino with a brand that they can be proud of and call their own.

The company remains committed to dress millions of Filipinos around the world with the confidence needed towards the future. With Boardwalk Business Ventures, Inc., empowering people and bringing out the best that they can be is their top priority. Indeed, over the last 20 years, Boardwalk has created a world-class brand made by the Filipino, for the Filipino.

2.2 LEGAL ENTITY & OWNERSHIP

Boardwalk has 20 years of hard-earned experience in the industry, thriving through the consolidated efforts of its owners Mr. and Mrs. Bernardo Madera, its leaders, its business partners, and its dealers. To date, Boardwalk has 26 full blown branches and 30 Branch Satellite Offices strategically positioned in key cities of the country as it continues to expand and compete on a global scale.

2.3 COMPANY HISTORY TO DATE The company's one-of-a-kind project dedicated for corporate personalities. Tailored fit to offer powerful fashion and corporate lifestyle needs. The CORPORATE DOMINATION PROJECT is Boardwalks newest product development which targeting companies equipped with "LIFE and WORK BALANCE" and believes that fashion and lifestyle essentials are part of corporate world. They aim to set standard among corporate companies with strong beliefs in fashion. Leading and teaching them the importance of power imaging to put premium in their everyday business transactions which needs to project a corporate lifestyle.

2.4 FACILITIES

Our branches are strategically located all over the country, serving ordered items upon visit. Our Business Satellite and Servicing Offices cater daily deliveries. Your items are to arrive in the selected offices within 24 hours upon posting orders.

List of Branches Metro Manila Manila Head Office Units 1508-1509 West Tower Exchange Road Ortigas Center Pasig City 1605 Tel (632) 631-9999 , (632) 636-6321 to 23 FAX (632) 635-2746 Alabang 3rd Floor, Metropolis StarSouth Super Highway,Alabang, MuntinlupaTel. nos. 809-2812 / 807-2341 Bicutan 2nd Flr Balmaceda Bldg.Lot 1 Road 2 North Daang HariBagong Tanyag, Taguig CityTel. no. 873-3472 Caloocan 369 A. Mabini St., Caloocan CityTel. no. 351-4485 Cubao Bay 5, 6, 7 of Saint Anthony Bldg.,Aurora Boulevard Cubao,Quezon CityTel. nos. 9219527 / 921-7293 Guadalupe #19 2A Guanzon Bdlg,EDSA Guadalupe NuevoMakati CityTel. no. 882-2984

Las Pias Unit 28, Las Pias Commercial Complex#30 Real St, AlabangZapote Road, Talon I,Las Pias CityTel. nos. 873-0970 / 874-7594 Makati 1st Basement Level,Makati Cinema Square Complex,Chino Roces Ave., Makati CityTel. nos. 822-5332 / 822-5698 Malabon 7Gov. F. Sevilla BoulevardTaong, Malabon CityTel. no. 283-4833 Moonwalk Unit 102 Cluster 1 IsabelleGarden CondominiumE. Rodriguez Ave.Moonwalk ParaaqueTel. no. 556-8364 Monumento 3rd Flr, Araneta Square MallBonifacio Monumento Circle, Caloocan CityTel. nos. 4425946 / 352-6399 Muoz 2nd Flr, Lemon Square Bldg.1199 EDSA, Bgy, Bahay Toro,Quezon CityTel. nos. 3733721 / 373-3722 Navotas 1052 M. Naval St.,Navotas, Metro ManilaTel. nos. 282-4427 / 467-5873 Novaliches Ground Flr, JMP Bldg.Quirino Highway, Brgy. Sta Monica,Novaliches Quezon CityTel. nos. 939-7818 / 939-7892 Paraaque Door 7 & 8 TRDC Bldg.Dr. A Santos Ave., Paraaque CityTel. nos. 862-3772 / 8206742

Pasay Unit B-1, 3rd Floor,Giselles Park PlazaEDSA Rotonda Pasay CityTel. nos. 853-8418 / 855-2554 Pateros De Leons Building M. Almeda cor.B. Morcilla St. PaterosTel. no. 571-6990 Philcoa Fimar Arcade No. 34 Commonwealth Ave. cor. Masaya St. UP Village Diliman Quezon City Pulang Lupa 70 Real St., Pamplona,Las Pias CityTel. no. 478-1948 Recto 2nd Flr (SL21),Ever Gotesco Manila Plaza1958 Claro M Recto Ave, ManilaTel. no. 2543519 San Dionisio, Paraaque 563 Quirino Avenue, Brgy.San Dionisio, Paraaque CityTel. no. 820-4578 Sangandaan 373 SangandaanNovaliches Quezon CityTel. no. 454-4573 Sta. Mesa 4408 Old Sta. Mesa St., ManilaTel. no. 716-7064 Shaw 2nd Flr, Starmall EDSA Shaw EDSA cor Shaw Blvd., Mandaluyong City Tel. nos. 722-7913 / 723-1806Taft ManilaSuite B, Ground FloorDona Felisa Syjuco Bldg.1972 Taft Ave. cor Remedios St.,

Malate Manila Tel. nos. 524-1479 / 524-0444 Tandang Sora 2/F Lourdes Arcade986 Matandang BalaraTandang Sora Ave Quezon City Tondo 2nd Flr., Plaza Casasola Bldg1806-H Juan Luna St.,Pritil Tondo Manila Tel. no. 2560257 Tungko 202 Quirino Ave.,Tungkong Mangga, Quezon ,City Tel. no. 307-0188 Valenzuela 2nd Flr., Karuhatan Market, Phase I #8 Karuhatan Road,Karuhatan, Valenzuela City Tel. no. 332-2227 Zapote Lot 20-A St.Joseph Subdivision,Almanza-Uno, Las Pias City Tel. no. 403-2355 ABRA Abra Ground Floor Stall No. 4Balbin Bldg. #13 Mc Kinley,Zone 2 Bangued, AbraTel. no. (074) 752-7916 Agusan Del Norte Butuan M Marcos Calo St., Brgy.Raja Soliman Butuan City Tel. no. (085) 342-3206 AKLAN Kalibo 205 Mapeso Bldg., Roxas AveKalibo, AklanTel. no. (036) 500-7570

ALBAY Legaspi Door 19 J & M Bldg.,Rizal St Brgy., 24 Legaspi City Tel. no. (052) 480-6960 ANTIQUE San Jose, AntiqueGen. Folion St.Brgy. 8 San Jose Antique Tel. no. (036) 540-7254 Aurora Baler Quezon St., Brgy. Suklayin,Baler, Aurora Mobile no. 0929-4593270 BATAAN Bataan Gonzales-Jimenez BuildingA. Banzon St.,Balanga City, BataanTel. no. (047) 237-9534 BATANGAS Batangas Ground Flr., Ros-Al Bldg.,Brgy. 6, Evangelista St.,Batangas CityTel. no. (043) 722-0225 Lemery Ilustre Avenue cor.,Bonifacio, Lemery, BatangasTel. no. (043) 411-2062 Lipa Unit 206 Tibayan Bldg.,C.M. Recto St. cor. J.P. Rizal St., Lipa City Tel. no. (043) 784-6075 Nasugbu JP Laurel St.Nasugbu BatangasTel. no. (043) 931-0303 Tanauan Ground Floor Gloria Galleria Bldg. #39 A. Mabini Ave. Tanauan City, Batangas Tel. no. (043) 784-5859

BENGUET Baguio 2nd Floor Security Bank Bldg.,Along Chugum corner Abanao St.,Baguio CityTel. no. (074) 619-0551 BOHOL Tagbilaran 3rd Floor Rose Shopping MallSituated B Inting Street,Tagbilaran CityTel. no. (038) 5003406 BUKIDNON Malaybalay Bldg. C2 Fortich StreetMalaybalay, BukidnonTel. no. (088) 813-2987 Valencia Alkuino Building, Sayre HighwayPoblacion, Valencia City, BukidnonTel. no. (088) 8284618 BULACAN Balagtas 3AS and E Building Borol IBalagtas, BulacanTel. no. (044) 693-4730 Baliwag Ground Floor, PVR Bldg.BS Aquino Ave., Baliwag BulacanTel. nos. (044) 766-6979 / 766-6980 Marilao MR Commercial BuildingMc Arthur Highway, Tabing Ilog,Marilao, BulacanTel. no. (044) 711-1862 Malolos McArthur Highway, SumapangMatanda, Malolos City BulacanTel. no. (044) 796-2495 San Miguel Tecson Street, San Jose,San Miguel BulacanTel. no. (044) 762-0411

CAGAYAN Tuguegarao No.15 Balzain HighwayTuguegarao City, Cagayan 3500Tel. no. (078) 844-8275 CAMARINES NORTE Daet J. Lukban St., Cor.Moreno St.,Daet, Camarines NorteTel. no. (054) 440-4727 CAMARINES SUR Naga 2nd Flr., Prieto Bldg.,Panganiban Drive, Naga CityTel. no. (054) 811-3140 CAPIZ Roxas Legaspi-San Roque St.Roxas CityTel. no. (036) 621-5095 CAVITE Bacoor 12 Evangelista ST.Talaba 5 Bacoor CaviteTel. no. (046) 870-8316 Carmona Brgy. Milagrosa,Carmona, CaviteTel. no. (046) 482-0073 GMA Lot 20 block 141Gov.Drive cor.Old Bulihan Roa,Brgy. Bulihan, Silang, CaviteTel. no. (046) 890-1542 Imus 2nd Flr., 680 Home Appliances Bldg.,Aguinaldo Highway,Tanzang Luma, Imus, CaviteTel. no. (046) 875-4142 Pala-pala 2nd Floor Toledo Bldg.,Sampaloc 1Dasmarias, Cavite 4114Tel. no. (046) 852-2361

Rosario Unit 2B Gabriella Square Bldg,Tejeros ConventionRosario, CaviteTel. no. (046) 4387498 Silang 117 M.H Del Pilar St.Silang CaviteTel. no. (046) 414-1360 Trece Martires 272 San AgustinTrece Martires City CaviteTel. no. (046) 419-3397 CATANDUANES Virac San Pedro Virac, CatanduanesMobile no. 0920-836-2695 CEBU Carcar Poblacion III, Awayan,Carcar, CebuTel. no. (032) 487-7850 Cebu City 2nd Flr. TDC Bldg.21 Capitol DrivePres. Osmena Blvd., Cebu CityTel. no. (032) 2559915 Danao 2nd MCT Bldg., Olivar St.,Danao City, CebuTel. no. (032) 512-3779 Lapu-lapu Radaza Plaza Bldg.S. Osmea St. Gun-obLapu-Lapu City 6015Tel. no. (032) 340-8501 Mandaue M.C. Briones St., Hi-way,Maguikay, Mandaue CityTel. no. (032) 218-7486 DAVAO REGION Davao City Ground Floor, Tapia Bldg.,57-1 C.M. Recto Ave,

Davao City Tel. no. (082) 226-8895 Digos City Angeles Dental Clinic Old TerminalExit Rizal Ave Digos CityTel. no. (082) 272-0702 Samal Babak Poblacion,Garden City of SamalMobile no. 0929-459-6564 Tagum Door #20 A.J.M Arcade,Rizal St., Tagum CityTel. no. (084) 216-2330 GUIMARAS Guimaras San Miguel, Jordan GuimarasTel. no. (033) 369-3921 ILOCOS NORTE Laoag 2nd Flr., Allied Marketing Bldg.JP Rizal St., Laoag CityTel. no. (077) 772-2748 ILOCOS SUR Candon 17 Abaya Street, Brgy.San Isidro, Candon CityTel. no. (077) 742-4006 Vigan Sky 1 Bldg, Alcantaracor Del Pilar Ext. Vigan CityTel. no. (077) 722-8140Tel. no. PLDT (077) 632-0690 ILOILO Iloilo City GF St. Andrew Bldg,28 Mabini St, Iloilo CityTel. no. (033) 335-8031 Passi City F. Palmares St.,Passi Public Market,Passi City, IloiloMobile no. 0929 459-3272

ISABELA Ilagan Baligatan, Ilagan, IsabelaTel. no. (078) 622-3220 Roxas 2nd Floor Market Bldg.Don Mariano St.,Brgy. Bantug Roxas IsabelaTel. no. (078) 6428644 Santiago Prime Bldg.Malvar/Abauag Extension St.Santiago IsabelaTel. no. (075) 624-2176 LA UNION Agoo North Wing of StarpactTown Center Agoo, La Union Tel. no. (072) 710-2139San Fernando2nd Floor, Tabora Bldg.,181 Burgos St.,San Fernando, La UnionTel. no. (072) 242-7055 LAGUNA Binan A. Bonifacio St., CanlalayBinan, LagunaTel. no. (049) 411-5105 Cabuyao 216 Brgy, Banlic,Cabuyao, LagunaTel. no. (049) 834-4795 Calamba 3rd Flr, J. Alcasid BldgCrossing, Calamba, LagunaTel. no. (049) 545-5253 San Pedro A& J Bldg. Lot 29 Block 47Garcia St., Brgy. Nueva,San Pedro LagunaTel. no. (049) 556-7992

San Pablo Jomarc Bldg. Burgos N. LopezJaena StreetSan Pablo City, Laguna 4000Tel. no. (049) 562-0048 Siniloan Plaza KalayaanBrgy. BagumbaranggaySiniloan, LagunaTel. no. (049) 813-0802 Sta. Cruz 1455 P. Guevarra Ave. Sta. Cruz, Laguna Tel. no. (049) 808-9355 Sta Rosa Unit 31 Balibago Commercial ComplexBrgy. Balibago,Sta Rosa City, LagunaTel. no. (049) 534-9530 LANAO DEL NORTE Iligan Quezon Ave., cor, Echiverri St.,Iligan CityTel. no. (063) 225-4811 LEYTE Tacloban 111 P. Gomez cor.M.H. Del Pilar St.Tacloban CityTel. no. (053) 523-5924 MASBATE Masbate City 65 Quezon St., Masbate CityTel. no. (056) 582-0670 MINDORO ORIENTAL Calapan City Ramirez St, San VicenteCalapan City, Oriental Mindoro Tel. no. (043) 288-1708

MISAMIS OCCIDENTAL Ozamis City S& E Building Valconcha St.Ozamiz CityMobile no. 0929-459-6732 MISAMIS ORIENTAL Cagayan de OroE & R Bldg., Corales Ave.,Cagayan de Oro City Tel. no. (088) 2726976 NEGROS OCCIDENTAL Bacolod Lee u8 Bldg., Araneta St.,Bacolod CityTel. no. (034) 434-6522 Cadiz Corner Villena Street andHerrerias Street,Cadiz City Mobile no. 0929 459-3830 San Carlos City V. Gustilo St.Brgy. 3 San Carlos City, Negros Occidental Kabankalan Monbela InnCor Justice J. Y. PerezHighway and Sola Sts.Kabankalan City,Negros OccidentalTel. no. (034) 471-2915 La Carlota Vitro Street, La Carlota CityTel. no. (034) 460-0141 NEGROS ORIENTAL Dumaguete Cordel BuildingBrgy Poblacion 3, Pinili StreetDumaguete City, Negros OrientalTel. no. (034) 226-3649 NUEVA ECIJA Cabanatuan Maharlika Highway,Brgy. Dicarma,Cabanatuan CityTel. no. (044) 464-1690

Gapan Magno Street,San Vicente Gapan CityTel. no. (044) 486-0899 San Jose Maharlika highway, San Jose CityTel. no. (044) 940-4532 NUEVA VIZCAYA Solano Door 2, 2nd Flr P.M. Zuraek BldgNo. 39 Gen A Luna St.,Poblacion South Solano,Nueva VizcayaTel. no. (078) 326-6460 PAMPANGA San Fernando L.C. Rodriguez Bldg.,Dolores, Crossing,McArthur Highway,San Fernando, PampangaTel. no. (045) 961-2548 Angeles Manuela Arcade Annex C774 Sto. Rosario St.,Angeles CityTel. no. (045) 888-0683 Apalit Mac Arthur Highway,Apalit PampangaTel. no. (045) 879-1706 Dau 20 Ground Floor,Plaza Romana Bldg.Dau Mabalacat, PampangaTel. no. (045) 6247055 Dinalupihan Stall 1 2nd Floor Ramcon Bldg.Dinalupihan BataanTel. no. (047) 481-2245 PANGASINAN Alaminos Edilberto Bldg. Quezon Avenue,Alaminos City, PangasinanTel. no. (075) 551-3791 Bayambang 2 Manganaan Bldg. Poblacion,Bayambang, PangasinanTel. no. (075) 592-4957

Dagupan 2nd Flr, RJD Bldg., Perez Blvd.Dagupan CityTel. no. (075) 515-6586 Rosales Bejar Bldg., Carmen East,Rosales, PangasinanMobile no. 0929 459-3271 San Carlos 2nd Flr. # 7 Rizal Avenue,San Carlos City, PangasinanTel. no. (075) 531-3802 Urdaneta Stall No. 1 Ground FloorCarancho BldgAlexander St., cor Rosario St.,Urdaneta CityTel. no. (075) 656-2176 QUEZON PROVINCE Candelaria Cabunyag Street,Candelaria, Quezon Tel. no. (042) 741-2453 Catanauan Kalye Don Abella Drive,Brgy. Blg. 9 Catanauan QuezonTel. no. (042) 315-8689 Gumaca Jose Rizal St, Brgy.San DiegoGumaca, QuezonTel. no. (042) 421-1672 Lucena J & B Bldg.,Merchan cor Magallanes St. Lucena CityTel. no. (042) 660-5915 QUIRINO PROVINCE Maddela National highwayPoblacion Sur Maddela QuirinoMobile no. 0929 459-3273 RIZAL Antipolo Unit A, 172 M.L. Quezon StBrgy San Roque, Antipolo CityTel. no. 696-5033

Cainta Margarita Commercial Bldg. Ortigas Ext., Corner Imelda Ave.,Cainta RizalTel. no. 6564996 Cogeo 3Floor Stall #8 CMA Bldg.Cogeo Brgy. Dela Paz Antipolo CityTel. no. 647-7280 Masinag Room 204 Masinag MarketSumulong HighWay, MayamotAntipolo CityTel. no. 571-1746 San Mateo 131 Gen. Luna Street,Guitnang Bayan I,San Mateo RizalTel. no. 282-2697 Taytay 51 Pulumbarit St.,San Isidro, Taytay RizalTel. no. 286-3021 SAMAR REGION Catbalogan Door 7 2nd Floor Inay Eya Bldg.Cor. San Bartolome & Rizal Ave.Catbalogan, SamarMobile no. 0929 459-3265 Guiuan San Nicolas St.,Brgy. 05, Guiuan E.SamarMobile no. 0929 459-3831 SORSOGON Sorsogon CityRizal St., corner Peralta St.,Brgy. Polvorista, Sorsogon CityTel. no. (056) 421-5047 SOUTH COTABATO Gen San RD Plaza, Daproza AveDad NorthGen Santos City 9500Tel. no. (083) 553-9443 Coronadal Zulueta Street,Coronadal City,South CotabatoTel. no. (083) 228-1712

TARLAC Capas Unit 202, 2nd Floor Japees Gold Building, Sto. Rosario,Capas, TarlacTel. no. (045) 925-0253 Tarlac City Unit Wing B., 2nd Floor,La Maja Business Centre,MacArthur Highway,Ligtasan, Tarlac CityTel. no. (045) 800-2597 ZAMBALES Olongapo 1960 Rizal Avenue,EBB Olongapo City 2200Tel. no. (047) 223-3597 ZAMBOANGA PENINSULA Basilan J.S. Alano& Co. Bldg. J.S. Alanao St. Seaside, Isabela City, Basilan Dipolog # 587 Gen Luna St.,Estaka, Dipolog City Tel. no. (065) 908-2532 Zamboanga City Fidela Bldg.,149 Gov. Alvarez Ave., Zamboanga CityTel. no. (062) 990-2009 Ipil Shuck Bldg., Climaco Street,Poblacion, Ipil Zamboanga Sibugay Tel. no. (062) 3332847 International Hong Kong I Room 103, Sunny House Bldg.12-16 Li Yuen St. West, Central Hong Kong Tel. no. (00852) 21472026Fax no. (00852) 21472027 Hong Kong II 272 Worldwide House (Plaza)19 Des Vouex Road, Central Hong Kong Tel. no. (00852) 21472026

2.5 KEY ASSETS