ARTICLES OF INCORPORATION AND BY-LAWS – STOCK CORPORATION

Articles of Incorporation

Of

FROYO DELUXE, INCORPORATED

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 stock
corporation under the laws of the Republic of the Philippines;

AND WE HEREBY CERTIFY:

FIRST: That the name of said corporation shall be

FROYO DELUXE, INCORPORATED

SECOND: That the primary purpose for which such corporation is

incorporated:

PRIMARY PURPOSE

To engage in the business of producing, distributing, and selling frozen yogurt

and related products.

SECONDARY PURPOSE

To operate and manage cafes, stores, and outlets for the sale of frozen yogurt and
related products.

Provided that the corporation shall not solicit, accept or take

investments/placements from the public neither shall it issue investment
contracts.

THIRD: That the principal office of the corporation is located in

FELIX HUERTAS, CORNER, 1003 LACSON AVE, SANTA CRUZ, MANILA,

PHILIPPINES
 FOURTH: That the term for which said corporation is to exist is (50) years
from and after the date of issuance of the certificate of incorporation;

FIFTH: That the names, nationalities and residences of the incorporators are
as follows:

NAME NATIONALITY RESIDENCE

1204 España Blvd, Sampaloc,
Roxanne Joy D. Denso Filipino Manila, 1015 Metro Manila
Muralla St, Intramuros,
Lenmar T. Maniri Filipino Manila, 1002 Metro Manila
658 Muralla St, Intramuros,
Aurelio A. Alonsagay Sr. Filipino Manila, 1002 Metro Manila
2219 Recto Ave, Sampaloc,
Nacel Mae F. Omania Filipino Manila, 1008 Metro Manila
2401 Taft Ave, Malate, Manila,
Nicole Aubrey V. Jorolan Filipino 1004 Metro Manila

SIXTH: That the number of directors of the corporation shall be five (5); and
and the names, nationalities and residences of the first directors of the corporation
are as follows:

NAME NATIONALITY RESIDENCE

1204 España Blvd, Sampaloc,
Roxanne Joy D. Denso Filipino Manila, 1015 Metro Manila
Muralla St, Intramuros,
Lenmar T. Maniri Filipino Manila, 1002 Metro Manila
658 Muralla St, Intramuros,
Aurelio A. Alonsagay Sr. Filipino Manila, 1002 Metro Manila
2219 Recto Ave, Sampaloc,
Nacel Mae F. Omania Filipino Manila, 1008 Metro Manila
2401 Taft Ave, Malate, Manila,
Nicole Aubrey V. Jorolan Filipino 1004 Metro Manila
 SEVENTH: That the authorized capital stock of the corporation is THREE
MILLION PESOS (P 3,000,000.00) pesos in lawful money of the Philippines, divided
into THREE HUNDRED THOUSAND (300,000) shares with the par value of TEN
(P 10) pesos per share;

EIGHT: That at least twenty five (25%) percent of the authorized capital
stock above has been subscribed as follows:

NAME OF NO. OF SHARES AMOUNT

SUBSCRIBERS NATIONALITY SUBSCRIBED SUBSCRIBED

Roxanne Joy D. Denso Filipino 100,000 1,000,000.00

Lenmar T. Maniri Filipino 70,000 700,000.00

Aurelio A. Alonsagay
Sr. Filipino 60,000 600,000.00

Nacel Mae F. Omania Filipino 45,000 450,000.00

Nicole Aubrey V.
Jorolan Filipino 25,000 250,000.00

NINTH: That the above-named subscribers have paid at least twenty-five

(25%) percent of the total subscription as follows:

NAME OF AMOUNT
SUBSCRIBERS SUBSCRIBED TOTAL PAID-
UP

Roxanne Joy D. Denso 1,000,000.00 1,000,000.00

Lenmar T. Maniri 700,000.00 700,000.00

Aurelio A. Alonsagay Sr. 600,000.00 600,000.00

Nacel Mae F. Omania 450,000.00 450,000.00

Nicole Aubrey V. Jorolan 250,000.00 250,000.00

 TENTH: That ROXANNE JOY D. DENSO has been elected by the subscribers
as Treasurer of the Corporation to act as such until his successor is duly elected and
qualified in accordance with the by-laws, and that as such Treasurer, he has been
authorized to receive for and in the name and for the benefit of the corporation, all
subscriptions or donations paid or given by the subscribers.

ELEVENTH: That no transfer of stock or interest which will reduce the

ownership of Filipino Citizens to less than the required percentage of the capital
stock as provided by existing laws shall be allowed or permitted to be recorded in
the proper books of the corporation and this restriction shall be indicated in all the
stock certificates issued by the corporation.

TWELFTH: That the incorporators and directors undertake to change the

name of the corporation as herein provided, or as amended thereafter, immediately
upon receipt of notice or directive from the Securities and Exchange Commission
that another corporation, partnership or person has acquired a prior right to the use
of that name or that the name has been declared as misleading, deceptive,
confusingly similar to a registered name or contrary to public morals, good custom
or public policy.

IN WITNESS WHEREOF, we have here unto signed these Articles of

Incorporation, this 16TH day of MAY 2024, in the City/Municipality of MANILA,
METRO MANILA, Republic of the Philippines.

Roxanne Joy D. Denso Lenmar T. Maniri Aurelio A. Alonsagay Sr

TIN- 452-872-986 TIN- 315-786-547 TIN- 167-132-987

Nacel Mae F. Omania Nicole Aubrey V. Jorolan

TIN- 312-670-876 TIN- 717-654-953
 BEFORE ME, a Notary Public, for and in CITY/MUNICIPALITY OF
MANILA, Philippines, this 16TH day of MAY, 2024, personally appeared the following
persons:

TIN/ID/Passport Date &

Name No. Place Issued
Roxanne Joy D. Denso TIN- 452-872-986 DFA Manila

Lenmar T. Maniri TIN- 315-786-547 DFA Manila

Aurelio A. Alonsagay Sr. TIN- 167-132-987 DFA Manila
Nacel Mae F. Omania TIN- 312-670-876 DFA Manila
Nicole Aubrey V. Jorolan TIN- 717-654-953 DFA Manila

known to me and to me known to be the same persons who executed the foregoing
Articles of Incorporation constituting of four (10) pages, including this page where
the acknowledgement is written, and they acknowledged to me that the same is
their free act and voluntary deed.

WITNESS MY HAND AND SEAL on the day first above-written.

 NOTARY PUBLIC

Doc. No. 25
Page No. 5
Book No. 24
Series of . 2024

TREASURER’S AFFIDAVIT

REPUBLIC OF THE PHILIPPINES )

CITY/MUNCIPALITY OF MANILA ) S.S
METRO MANILA )

I, . AURELIO A. ALONSAGAY SR., being duly sworn to, depose and say:

That I have been elected by the subscribers of the corporation as Treasurer

thereof, to act as such until my successor has been duly elected and qualified in
accordance with the by-laws of the corporation, and that as such Treasurer, I hereby
certify under oath that at least 25% of the authorized capital stock of the
corporation has been subscribed and at least 25% of the total subscriptions has
been paid, and received by me, in cash or property, in the amount of THREE
MILLION PESOS (P 3,000,000.00) in accordance with the Corporation Code

___________________________________
AURELIO A. ALONSAGAY SR.

SUBSCRIBED AND SWORN to before me, a Notary Public, for and in the
City/Municipality of MANILA, METRO MANILA this 16TH day of MAY 2024; affiant
exhibiting to me his/her Identification Card, issued at City of Manila, on December
2023.

NOTARY PUBLIC
My commission expires on
MAY 16, 2025
Doc. No. 25
Page No. 5
Book No. 24
Series of 2024
 BY –LAWS

OF

FROYO DELUXE, INCORPORATED

I. THE TIME, PLACE AND MANNER OF CALLING AND CONDUCTING REGULAR

OR SPECIAL MEETINGS OF THE DIRECTORS.

a) Regular meetings of the board of directors of the corporation shall be

held monthly, unless the by-laws provide otherwise.

b) Special meetings of the board of directors may be held at any time upon
the call of the president or as provided in the by-laws

c) Meetings of directors may be held anywhere in or outside of the

Philippines, unless the by-laws provide otherwise. Notice of regular or
special meetings stating the date, time and place of the meeting must be
sent to every director or trustee at least one (1) day prior to the
scheduled meeting, unless otherwise provided by the by-laws. A director
may waive this requirement, either expressly or impliedly.

II. THE TIME AND MANNER OF CALLING AND CONDUCTING REGULAR OR

SPECIAL MEETINGS OF THE STOCKHOLDERS.

a) Regular or annual meetings of stockholders shall be held annually on 20TH

of SEPTEMBER.

b) Written notice of regular meetings shall be sent to all stockholders of

record at least two (2) weeks prior to the meeting, unless a different
period is required by the by-laws.

c) Special meetings of stockholders shall be held at any time deemed

necessary or as provided in the by-laws:

d) Written notice of special meetings shall be sent to all stockholders at least

one week prior to the meeting, unless a different period is required by the
by-laws.

e) Stockholders’ meetings, whether regular or special, shall be held in the

city or municipality where the principal office of the corporation is
located, and if practicable in the principal office of the corporation. Metro
 Manila shall, for the purpose of this provision, be considered city or
municipality.

III. THE REQUIRED QUORUM IN MEETINGS OF STOCKHOLDERS

a) The required quorum in meetings of stockholders shall consist of the

stockholder/s representing a majority of the outstanding capital stock.

IV. THE FORM FOR PROXIES OF STOCKHOLDERS AND THE MANNER OF

VOTING THEM

a) Stockholders may vote in person or by proxy in all meetings of

stockholders. Proxies shall be in writing, signed by the stockholder and
filed before the scheduled meeting with the corporate secretary. Unless
otherwise provided in the proxy, it shall be valid only for the meeting for
which it is intended. No proxy shall be valid and effective for a period
longer than five (5) years at any one time.

V. THE QUALIFICATIONS, DUTIES, TERM AND COMPENSATION OF DIRECTORS

a) No person convicted by final judgment of an offense punishable by

imprisonment for a period exceeding six (6) years, or a violation of this
Code, committed within five (5) years prior to the date of his election
shall qualify as a director. Every director must own at least one (1) share
of the capital stock of the corporation, which share shall stand in his
name on the books of the corporation. Any director who ceases to be the
owner of at least one (1) share of the capital stock of the corporation shall
thereby cease to be a director. A majority of the directors must be
residents of the Philippines.

b) The corporate powers of the corporation shall be exercised, all business

conducted and all property of the corporation be controlled and held by
the board of directors to be elected from among the holders of stocks,
who shall hold office for one (1) year and until their successors are
elected and qualified.

c) The directors shall not receive any compensation, as such directors,

except for reasonable per diems. Any compensation may be granted to
directors by the vote of the stockholders representing at least a majority
of the outstanding capital stock at a regular or special stockholders’
meeting, In no case shall the total yearly compensation of directors, as
such directors, exceed ten (10%) percent of the net income before income
tax of the corporation during the preceding year.
VI. THE MANNER OF ELECTION OR APPOINTMENT, QUALIFICATION AND THE
TERM OF OFFICE OF ALL OFFICERS OTHER THAN DIRECTORS

a) Immediately after their election, the directors of a corporation must

formally organize by the election of a PRESIDENT, who shall be a director,
a TREASURER who may or may not be a director, a SECRETARY who shall
be a resident and citizen of the Philippines, and such other officers as may
be provided in the by-laws. Two (2) or more positions may be held
concurrently by the same officer, however no one shall act as PRESIDENT
and SECRETARY or as PRESIDENT and TREASURER at the same time. The
officers of the corporation shall hold office for one (1) year and until the
successors are elected and qualified. The officers of the corporation shall
perform functions as required by existing laws, rules and regulations.

VII. FISCAL YEAR

a) The fiscal year of the corporation shall begin on the first day of January
and end on the last day of December of each year.

VIII. SEAL

a) The corporate seal shall be determined by the Board of Directors.

IX. MISCELLANEOUS PROVISIONS:

a) Matters not covered by the provisions of these by-laws shall be

governed by the provisions of the Corporation Code of the Philippines.
 IN WITNESS WHEREOF, we, the undersigned incorporators and/or
stockholders present at said meeting and voting thereat in favor of the adoption of
said by-laws, have hereunto subscribed our names this 16TH day of MAY at
CITY/MUNICIPALITY OF MANILA.

Roxanne Joy D. Denso TIN- 452-872-986

Lenmar T. Maniri TIN- 315-786-547

Aurelio A. Alonsagay Sr. TIN- 167-132-987

Nacel Mae F. Omania TIN- 312-670-876

Nicole Aubrey V. Jorolan TIN- 717-654-953