DIGIDO FINANCE CORP.

Unit 3 & 4, 15th Floor IBP Tower

Jade Drive, Ortigas Center, San Antonio, Pasig City, Philippines
(02) 8876 84 84 to 89
[email protected]
www.digido.ph
TIN 010-477-385-000

Promissory note

Application Number: 16124750 Application Date: 08/12/2022

Borrower’s Personal Details:

Full Name Alyssa Babes Bantayan

Date of Birth 02/07/1998

ID Type Passport ID

ID No. P9163563A

Present Address Katipunan 4 Blue Ridge A QUEZON CITY NATIONAL CAPITAL REGION (NCR)

E-mail Address [email protected]

Phone number 09568418293

Approved Loan Information:

Approved Loan Amount / Principal Amount 7500.00 Php

Loan Term / Maturity Date 6 months / 02/12/2023

Daily Interest Rate 1.60%

Monthly Interest Rate 49.60%

Date of Disbursement 08/12/2022

Mode of Disbursement Gcash 09568418293

Late Payment Penalties:

One-time Late Payment Charge («Late Payment 600.00

Charge»)

Daily Late Payment Interest Charge («Late 1. 1st to 30th day of non-payment: 1.4% per day of the Principal Amount; and
Payment Interest») 2. 31st day until full payment (including interest, fees, and charges): 1.4% per day
of the Principal Amount
 BORROWER’S UNDERTAKING
I have read and agree to bind myself to the Promissory Note, Disclosure Statement, Amortization Schedule and Terms and Conditions herein
stated, including all other supplemental agreements executed, if any (collectively, the «Loan Agreement»), which shall govern my loan from
DIGIDO FINANCE CORP. (the «Lender»).

I promise to pay to DIGIDO FINANCE CORP. or its order, the full amount of Principal Amount, plus Interest and all other applicable fees and
charges as stated in the Loan Agreement, without need of demand, on or before the last day of the Loan Term or the Loan Extension Term
whichever is applicable.

I acknowledge receipt of a copy of the Promissory Note, Disclosure Statement, and Terms and Conditions prior to the signing of this Promissory
Note. I understand and fully agree with the terms and conditions hereof.

Application was made on 08/12/2022

Digitally signed by Alyssa Babes Bantayan

via OTP = 8167 sent to Phone number 09568418293

 DIGIDO FINANCE CORP.
(Business Names or Creditor)

DISCLOSURE STATEMENT OF LOAN/CREDIT TRANSACTION

(SINGLE PAYMENT OR INSTALLMENT PLAN)

(As Required Under R.A. 3765, Truth in Lending-Act)

Name of Borrower: Alyssa Babes Bantayan

Address: Katipunan 4 Blue Ridge A QUEZON CITY NATIONAL CAPITAL REGION (NCR)

1 Approved Loan Amount / Principal Amount PHP 7500.00

2 Interest 21960

Daily Interest Rate (% per day) 1.60 %

3 Total Outstanding Loan Amount PHP 29460

4 Other Finance Charges: N/A

5 Non-Finance Charges:

a. Processing Fee 250.00 PHP

b. Others

6 Net Proceeds PHP 7250.00

7 Effective Monthly Interest Rate 49.60 %

8 Late Payment Penalties:

Late Payment Charge:

PHP 600.00

Late Payment Interest:

1st to 30th day past due 1.4 % Per day

31st day past due to Payment Date 1.4 % Per day

On 08/12/2022

Digitally signed by Alyssa Babes Bantayan

via OTP = 8167 sent to Phone number 09568418293

CERTIFIED CORRECT BY: LAURIZA MARQUEZ

Credit & Collections Manager
DIGIDO FINANCE CORP.

NOTICE TO OUR BORROWER: YOU ARE ENTITLED TO COPIES OF YOUR SIGNED DOCUMENTS.
 TERMS AND CONDITIONS

1. OBLIGATIONS OF THE PARTIES

1.1 Obligations of the Lender
1.1.1 The Lender agrees to lend to the Borrower the Approved Loan Amount / Principal Amount in accordance with the Amortization Schedule
provided to the Borrower upon loan grant.
1.1.2 Upon the signing of the Loan Agreement, the Lender shall disburse to the Borrower the Net Proceeds, computed as the Principal Amount
less the Processing Fee.
1.1.3 Processing Fee, as per Loan Conditions, constitutes PHP 250.00

1.2 Obligations of the Borrower

1.2.1 The Borrower agrees to have the Processing Fee deducted from the Principal Amount and receive the Net Proceeds from the Lender.
1.2.2 The Borrower agrees to pay to the Lender the full amount of the Principal Amount plus Interest on or before the last day of the Loan Term
(i.e., Maturity Date).
1.2.3 In the event that the Borrower fails to pay at Maturity Date, he agrees to pay the Late Payment Charge and Late Payment Interest
in addition to the Principal Amount and Interest on the date of payment.
1.2.4 The Borrower shall execute a written authorization in the event that he wishes to allow a third party to receive the Net Proceeds on his
behalf.

2. INTEREST — The Principal Amount shall be subject to the Daily Interest Rate from the time the Net Proceeds are released until Maturity
Date or applicable Scheduled Payment date. If the Borrower fails to pay on Maturity Date, Interest will only run until Maturity Date, and the Late
Payment Interest will begin to run on the date immediately after the Maturity Date until Payment Date or until the Borrower is granted a Loan
Extension. References to «Interest» in the Loan Agreement shall be understood to refer to the Daily Interest Rate on the Principal Amount.

3. LOAN PAYMENTS
The Lender and Borrower may enter into such agreement for an earlier settlement of the Loan Amount. For this purpose, the Borrower
unconditionally allows the Lender to communicate with Borrower in connection with any offer that the Lender may have in connection with a
prepayment or an earlier settlement of the Loan Amount of the Borrower.
3.1 Late Payment
If the Borrower fails to pay in full on Maturity Date or applicable Scheduled Payment date, he shall be liable for the following amounts on the date
he makes full payment («Payment Date»)
3.1.1 Principal Amount;
3.1.2 Interest on the Principal Amount computed as Principal Amount x Daily Interest Rate x Number of days from Date of Disbursement of Net
Proceeds to Maturity Date or applicable Scheduled Payment date;
3.1.3 Late Payment Charge in the amount of either PhP800 (for new clients) or PhP600 (for repeat clients); and
3.1.4 Late Payment Interest computed as follows:

Period: Daily Late Payment Interest Rate:

For the 1st (day immediately after the Maturity Date) to 30th day; and 1.4% per day of the Principal Amount

For the 31st day until Payment Date 1.4% per day of the Principal Amount

3.2 Prepayment
3.2.1 Prepayment of the Loan

The Borrower may prepay in full the amount due under the Loan Agreement subject to the following rules:

Time of Prepayment Amounts Due

If prepayment is made on or before the 7th or 5th period from a. Principal Amount; and
the date that the Net Proceeds are disbursed to the Borrower b. Interest that would have accrued on the 7th or 5th day from the date the
Net Proceeds were disbursed to the Borrower, whichever is applicable

3.3 Application of Payment

3.3.1 In case the Borrower has insufficient amount to fully pay the Loan, the Lender may at its option designate to which portion of the Loan will
the payment made by the Borrower be applied and the Borrower is bound by said payment application of payment.

4. REPRESENTATIONS AND UNDERTAKINGS

4.1 The Borrower hereby represents and warrants to the Lender on a continuing basis that:
4.1.1 The information provided by the Borrower in his loan application and in this Loan Agreement is true, complete, correct, and accurate
as of the date it was given. For the Personal Information of other individuals provided by the Borrower, the Borrower represents and warrants that
he is authorized to disclose and consent, on their behalf, to the processing of such Personal Information for the purpose of collecting the loan
obligation, or for other purposes for which Borrower’s consent has been sought and obtained as well as those stated in the Data Privacy
Statement/ Policy of the Lender.
4.1.2 The loan transaction entered into by the Borrower and the obligations assumed by him in the Loan Agreement are legal, valid, binding,
and enforceable against him;
4.1.3 No event of default is existing or might reasonably be expected to result from execution of the Loan;
4.1.4 The Borrower has and maintains necessary tools and equipment such as but not limited to computer, laptop, tablet, mobile phone, internet
connection, etc. to enable him to view and access the Promissory Note, Disclosure Statement, Amortization Schedule and Terms and Conditions
of his Loan including his online Loan Cabinet.

4.2 The Borrower undertakes that during the Loan Term:

4.2.1 The Borrower shall obtain and maintain in full force and effect any authorization, consent or approval required to enable him to perform his
obligations under this Loan Agreement, and to ensure the legality, validity, enforceability or admissibility in evidence of this Loan Agreement;
4.2.2 The Borrower shall immediately notify the Lender in writing of any potential or actual Event of Default under Section 5.1, or any fact
or circumstance that may affect his ability to comply with any of his obligations and/or undertakings under the Loan Agreement. The Borrower
shall take steps to prevent or remedy such Event of Default or such fact or circumstance affecting his ability to comply;
4.2.3 The Borrower shall notify the Lender of any change in his employment, business or profession.
4.2.4 The Borrower shall report any change in his personal information, including his name, address, and contact number, within three (3) days
from such change.

5. DEFAULT
5.1 Events of Default
Any and all of the following shall constitute default:
5.1.1 Failure by the Borrower to comply with or perform any of the terms and conditions of the Loan Agreement;
5.1.2 Failure of the Borrower to pay any amount due under the Loan Agreement when the same becomes due and payable;
5.1.3 Any information given, or representation or warranty made by the Borrower herein or otherwise in connection with the loan proves
to be incorrect, false, or misleading as of the time it was made or deemed to have been made, whether or not Lender was in fact prejudiced
by the same;
5.1.4 Borrower voluntarily suspends or ceases his/her source of income, becomes insolvent, becomes unable to pay his/her debts when they
become due, or commits or permits any act of bankruptcy or insolvency;
5.1.5 Any final judgment or decree for a substantial sum of money is entered against the Borrower by a court of competent jurisdiction, and such
sum of money is not paid, discharged or fully bonded within ten (10) calendar days after the date the same becomes due;
5.1.6 Borrower dies, or is convicted of a criminal offense with final judgment carrying with it a penalty of civil interdiction, or in any of the cases
covered by Article 1198 of the Civil Code of the Philippines;
5.1.7 There shall have occurred a material change in the financial circumstances or condition of the Borrower reckoned from the approval of the
Loan, which, in the reasonable opinion of Lender, would adversely affect the ability of Borrower to perform the obligations under the Loan
Agreement.

5.2 Consequences of Default

5.2.1 The Lender shall have the right, at its sole discretion, to consider any outstanding amount as immediately due and demandable, and
require the Borrower to make full and immediate payment thereof;
5.2.2 Lender shall have all the rights to the remedies provided in the Loan Agreement and in law for purposes of enforcing its claims against the
Borrower.
5.2.3 The Lender shall have the right and be entitled to debit from the bank/deposit account(s) of the Borrower to fully satisfy and settle the
Borrower’s loan obligation. If the Borrower fails to pay the Total Outstanding Balance or any amounts due and payable under this Loan
Agreement on the Maturity Date or as a result of continuous default of the Borrower, the amount thereof shall be debited from the bank/ deposit
account(s) declared or provided by the Borrower to the Lender and/or listed by the Borrower in his loan application, without the necessity
of a notice from the Lender. It is agreed that this Loan Agreement shall serve as a written authority for the Lender to debit, without notice,
or demand, such Outstanding Balance or any amounts due arising from this Loan Agreement from the Borrower’s bank/ deposit account(s) for
the purpose aforementioned. The Lender shall not be held accountable for any liabilities, charges, costs, penalties, fees and expenses arising
from or as a consequence of the debiting of the amount(s) in favor of the Lender. Should the Total Outstanding Balance or any amounts due and
payable under the Loan Agreement exceed the amount debited from the Borrower’s bank/ deposit account(s), such excess shall immediately
become due and payable and the Borrower shall be liable to pay the same, without further notice or demand. The right of the Lender to debit
from the Borrower’s bank/ deposit account(s) shall continue until his loan obligation is fully settled.
5.2.4 The Lender shall be entitled to provide information on any payment default to third parties, including but not limited to collection agencies,
for the purpose of collecting the loan. To the extent allowed under Philippine law, Borrower accepts to waive any notice or formality meant
to enable the Lender to exercise its rights arising from the occurrence of an Event of Default. The failure or the delay to exercise any right,
options, power or privilege hereunder shall not operate as a waiver of any right of the Lender to exercise the same hereunder, unless said waiver
is given in writing by the Lender, and then only to the extent specifically set forth in said writing.

6. INDEMNITY — The Borrower shall indemnify the Lender against any cost, loss, or liability incurred as a result of any Event of Default; or any
inquiry, investigation, litigation, or other legal process in connection with the loan between the Lender and the Borrower.

7. DISCLOSURE OF INFORMATION
7.1 The Borrower hereby expressly consents and permits the Lender to transfer and disclose to (i) the government authorities; (ii) any
party/person proposing or considering to tender any payment towards or purchase the indebtedness under the Loan; (iii) its auditors, lawyers
or any other debt collection agents; (v) credit reporting agencies; (vi) insurance companies, agents, contractors or third party service providers
who are involved in the provision of products and services to or by the Lender and the holding company, head office, other branches,
subsidiaries, related companies of the Lender; or (vii) for provision of or cross selling of products and services, any information relating to the
Borrower’s affairs or account in respect of the Loan, this Loan Agreement and the Promissory Note or any Personal Information as defined in
Republic Act No. 10173 or the Data Privacy Act of 2012 and its implementing rules and regulations, and at any time and to such extent as the
Lender may at its absolute discretion deem expedient or necessary. The Borrower hereby agrees that the aforesaid information may be used,
processed, encrypted, transmitted and stored by the Lender and its holding company, head office, other branches, subsidiaries, related
companies and/or may be exchanged to or with all such persons as the Lender considers necessary to the extent as permitted by Philippine
laws. The aforesaid actions are without liability to the Borrower. The Borrower expressly consents to such actions and declares that no further
consent from the Borrower is necessary or required in relation thereto.
7.2 The Lender is mandated to submit the Borrower’s basic credit data (as defined in Republic Act No. 9510 and its Implementing Rules and
Regulations), as well as any regular updates or corrections thereof, to the Credit Information Corporation («CIC») for consolidation and disclosure
as may be authorized by the CIC, and other credit reporting agencies duly accredited by CIC, for the purpose of establishing the Borrower’s
creditworthiness.
7.3 In case the Borrower fails to pay fully or correctly or timely the loan obligation, in addition to debt recovery measures as specified
herein/therein or in accordance with the Philippine laws, the Lender shall be entitled to provide information on such failure to third parties,
including but not limited to collection agencies for the purpose of collecting the loan obligation.
7.4 The Borrower agrees that Lender, directly or through its Partners, may collect, retrieve, process, use and store his/her personal data such as
name, age, photographs, fingerprints, other biometric data (e.g., facial recognition and voice recognition), mobile number/s, mobile phone usage
data, employment details, income, financial data, financial profile, credit standing, loan payment history, and other information required in the
application form for the purpose of reviewing and processing the Borrower’s loan application. The Borrower consents to the collection of his/her
personal data from the Borrower her/himself, or from other personal information controllers such as, but not limited to, telecommunications
companies (e.g., Globe, PLDT, Smart, Sun Cellular), for credit scoring purposes. The Borrower’s personal data such as mobile number, email
address, and address, will be shared to a credit scoring service provider for credit investigation, credit scoring, data analytics, and data profiling,
which includes the regular updating of the Borrower’s credit score. The personal data secured may also be used for direct marketing of products
and services of Partners of the Lender.

Throughout the processing of the Borrower’s personal data, his/her rights under the Data Privacy Act of 2012, such as the (1) right to be
informed, (2) right to object, (3) right to access, (4) right to rectification, (5) right to erasure or blocking, and (6) right to damages, shall be upheld.
Entities to whom Lender share Borrower’s personal data will also respect the same rights.

8. ASSIGNMENT — The Lender without notice and/or consent from the Borrower may at any time: assign or transfer its rights and obligations
under this Loan Agreement to any third party; or (ii) create security in or over any and all of its rights or obligations under the Loan Agreement
to any person. The Borrower is not permitted to assign or transfer any of his rights or obligations under the Loan Agreement without the prior
written consent of the Lender.

9. WAIVER — The delay or failure of the Lender to exercise of any of its rights under the Loan Agreement shall not be construed or deemed
as a waiver of the Lender of such rights.

10. GOVERNING LAW — The Loan Agreement shall be governed by the laws of the Republic of the Philippines. All actions arising from
or connected with this note shall be brought exclusively in the proper courts of Quezon City, Philippines; and in case of judicial execution of this
obligation or any part of it, the debtor waives all rights under the provisions of Rule 39 Sec. 13, of the Rules of the Court.
 AMORTIZATION SCHEDULE

Name of Borrower: Alyssa Babes Bantayan

PN Number: 16124750 Number of Installment Payments: 14

Date Granted: 08/12/2022 Installment Amount(except last payment period): 1680

Loan amount: Php 7500.00 Start Date: 08/12/2022

Total Repayment amount: Php 29460 Maturity Date: 02/12/2023

Loan term (in months): 6

Repayment Frequency: Semi-monthly

Term Installment Due Date Installment Amount Loan Balance

1 08/27/2022 1680 7500

2 09/10/2022 1680 7500

3 09/24/2022 1680 7500

4 10/08/2022 1680 7500

5 10/22/2022 1680 7500

6 11/05/2022 1680 7500

7 11/19/2022 1680 7500

8 12/03/2022 1680 7500

9 12/17/2022 1680 7500

10 12/31/2022 1680 7500

11 01/14/2023 1680 7500

12 01/28/2023 1680 7500

13 02/11/2023 1680 7500

14 02/12/2023 7620.00 0

TOTAL in PHP: 29460