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(NON-STOCK)

ARTICLES OF INCORPORATION
OF

ALECO MULTI-SECTORAL STAKEHOLDERS ORGANIZATION

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 non-stock and non-profit association under the laws of the Republic of the Philippines.

THAT WE HEREBY CERTIFY: FIRST: The name of the said association shall be:

ALECO MULTI-SECTORAL STAKEHOLDERS ORGANIZATION

SECOND: That the purpose or purposes for which such association is incorporated are:

To extend assistance and support to the Albay Electric Cooperative (ALECO) for its rehabilitation in technical, financial and institutional operations.

THIRD: That the place where the principal office of the association is to be established at: No./Street City/Town Province Marquez Street Legazpi City Albay

FOURTH: That the term for which the association is to exist is fifty (50) years from and after the date of issuance of the certificate of the incorporation.

FIFTH: That the names, nationalities, and residences of the incorporators of the association are as follows: Name Nationality Residence (Complete Adrress)

Atty. Bartolome Rayco Noel Cantal Ephraim De Vera Virgilio Perdigon, Jr. Atty. Madonna Gay Escio Edgardo Bermundo Restituto Reynoso Ramoncito Segubiense Darlan Barcelon Lerma Camba Gregorio Reverente

Filipino Filipino Filipino Filipino Filipino Filipino Filipino Filipino Filipino Filipino Filipino

Marquez Street, Legazpi City Pawa, Tabaco City Buraguis, Legazpi City Bagong Abre, Legazpi City Balintawak St., Brgy, 7, Legazpi City Bacacay, Albay Cruzada, Legazpi City Libon, Albay EMs Barrio, Legazpi City Camalig, Albay Washington Drive, Legazpi City

SIXTH: That the number of trustees of the association shall be eleven (11) and that the names, nationalities and residences of the first trustees of the association are as follows: Name Nationality Residence (Complete Adrress)

Atty. Bartolome Rayco Noel Cantal Ephraim De Vera Virgilio Perdigon, Jr. Atty. Madonna Gay Escio

Filipino Filipino Filipino Filipino Filipino

Marquez Street, Legazpi City Pawa, Tabaco City Buraguis, Legazpi City Bagong Abre, Legazpi City Balintawak St., Brgy, 7, Legazpi City

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Edgardo Bermundo Restituto Reynoso Ramoncito Segubiense Darlan Barcelon Lerma Camba Gregorio Reverente

Filipino Filipino Filipino Filipino Filipino Filipino

Bacacay, Albay Cruzada, Legazpi City Libon, Albay EMs Barrio, Legazpi City Camalig, Albay Washington Drive, Legazpi City

SEVENTH: That the capital of the association was contributed by the incorporators and directors who are also members of the association as follows: Name Atty. Bartolome Rayco Noel Cantal Ephraim De Vera Virgilio Perdigon, Jr. Atty. Madonna Gay Escio Edgardo Bermundo Restituto Reynoso Fr. Ramoncito Segubiense Darlan Barcelon Lerma Camba Gregorio Reverente Contribution P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00 P 1,000.00

TOTAL

P11,000.00

[ ] With list of additional members, certified by the Secretary under oath and marked as Annex A. [ ] No list of additional members attached. (Please check appropriate box)

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EIGHTH: That no part of the income which the association may obtain as an incident to its operation shall be distributed as dividends to its members, trustees or officers subject to the provisions of the Corporation Code on dissolutions. Any profit obtained by the association as a result of its operation, whenever necessary or proper shall be used for the furtherance of the purposes enumerated in Article II, subject to the provision of Title XI of the Corporation Code of the Philippines.

NINTH: That Fr. Ramoncito Segubiense has been elected by the members as Treasurer of the association to act as such until his/her successor is duly elected and qualified in accordance with the by-laws; and that as such Treasurer, he/she has been authorized to receive for and in the name and for the benefit of the association all contributions or donations paid or given by the members.

TENTH: That the association 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.

ELEVENTH: That the association shall comply with its Articles of Incorporation, this _____ day of __________, 20__, in the City of Legazpi, Province of Albay, Philippines.

Atty. Bartolome Rayco TIN 910850070 Virgilio Perdigon, Jr. TIN 141377726 Restituto Reynoso TIN 118941891 Lerma Camba TIN 916033862

Noel Cantal TIN 900664906

Ephraim De Vera TIN 166444092

Atty. Madonna Gay Escio Edgardo Bermundo TIN 932584318 TIN 153302773 Ramoncito Segubiense TIN 269096166 Gregorio Reverente TIN 105836022 WITNESSES: Darlan Barcelon TIN 417705980

_____________________

_____________________

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

ACKNOWLEDGEMENT

Republic of the Philippines) Province of Albay ) s.s. City of Legazpi ) BEFORE ME, a Notary Public in and for _____________, Philippines, this _____ day of __________, 20__ personally appeared: Name Atty. Bartolome Rayco Noel Cantal Ephraim De Vera Virgilio Perdigon, Jr. Madonna Gay Escio Edgardo Bermundo Restituto Reynoso Ramoncito Segubiense Darlan Barcelon Lerma Camba Gregorio Reverente TIN 910850070 900664906 166444092 141377726 932584318 153302773 118941891 269096166 417705980 916033862 105836022

all 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 TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the date and at the place first above written.

Doc. No. ______; Page No. ______; Book No. ______; Series of 2012.

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