AIR FISH LENDING CORPORATION

Securities and Exchange Commission Republic of the Philippines Department of Finance FINANCING AND LENDING COMPANIES DEPARTMENT IN THE MATTER OF FinLenD ORDER No.2025 - 20 AIR FISH LENDING CORPORATION FOR: REVOCATION OF CERTIFICATE OF AUTHORITY TO Authority No. 3082 AIRFISHLENDINGLC@GMAIL.COM (SEC Reg. No CS201915454 and Certificate of Email Address: Respondent. CONTINUOUSLY FAILING TO COMPLY WITH SEC MEMORANDUM CIRCULAR NO. 03,SERIES OF 2022 OR THE IMPLEMENTATION OF BANGKO SENTRAL NG PILIPINAS CIRCULAR NO. 1133 SERIES OF 2021 ON THE CEILING/S ON INTEREST RATES AND OTHER FEES CHARGED BY LENDING COMPANIES, FINANCING COMPANIES, AND THEIR ONLINE LENDING PLATFORMS OPERATE AS A LENDING COMPANY FOR K TO: AIR FISH LENDING CORPORATION Greetings! Please take notice that on 19 May 2025, an ORDER, copy hereto attached, was filed and emailed to you in advance referring to the above-entitled case; the original of which is file with the Commission. Please acknowledge receipt hereof. 19 May 2025,Makati City aM uth Qm a 6a A ww0 ATTY.KENNETH JOY A QUIMIO OIC-Difegtor C Scan the QR to verify the document Securities and Exchange Commission Republic of the Philippines Depariment of Finance AGON FINANCING AND LENDING COMPANIES DEPARTMENT IN THE MATTER OF FinLenD ORDER No.2025-20 Authority No: 3082) AIRFISHLENDINGLC@GMAIL.COM AIR FISH LENDING CORPORATION (SEC Reg. No. CS201915454 and Certificate of Emai Respondent. Address: FOR: REVOCATION OF CERTIFICATE OF AUTHORITY TO SERIES OF 2021 ON THE CEILING/S ON INTEREST RATES AND OTHER FEES CHARGED BY LENDING OPERATE MEMORANDUM CIRCULAR NO. O3,SERIES OF SENTRAL ONLINE LENDING PLATFORMS CONTINUOUSLY FAILING TO COMPLY WITH SEC 2022 OR COMPANIES,FINANCING COMPANIES,AND THEIR THE IMPLEMENTATION OF BANGKO AS NG PILIPINAS ALENDING CIRCULARNO. COMPANY 1133 FOR ORDER OF REVOCATION No. 8799, or the Securities Regulation Code ("SRC"), Republic Act 8556 or the Financing Company Regulation Act and on reportorial requirements, Lending Companies ("LC") are required to submit reports as may be required by the 2007 ("LCRA"), its IRR, and other issuances of the Securities and Exchange Commission ("SEC" or the "Commission") Commission; its Implementing Rules and Regulations ("IRR"),Republic Act no.9474,or the Lending Company Regulation Act of Pursuant to Republic Act No. 11232, or the Revised Corporation Code of the Philippines ("RCC"), Republic Act other Fees charged by Lending Companies, Financing Companies, and their Online Lending Platforms ("MC 3"); Implementation of Bangko Sentral ng Pilipinas Circular no.1133 series of 2021 on the Ceiling/s on Interest Rates and On 03 March 2022, the Commission issued SEC Memorandum Circular No. 03, series of 2022 or the loans covered by the ceiling, to submit a Business Plan indicating the company's loan products and services as well as the applicable pricing parameters, which must be compliant with Section 3 of MC 3. It is also provided that non- of the Commission shall have the penalty of Suspension or Revocation of CA. compliance with Section 5, whether non-submission or implementing amended Business Plan without prior approval Further, Section 5 of MC 3 states that the Commission shall require all LCs and FCs, whether or not offering observe the directives of the Commission; their Business Plans. Despite the issuance of Show Cause Letters and Notice of Deficiencies informing and directing these LCs and FCs to comply and show proof of compliance with their reportorial requirements, they still failed to FinLenD issued Notices of Deficiencies and Show Cause Letters directing the Companies to comply and submit and its IRR, FCA, the terms and conditions of the CA, and any lawful order, decision, or ruling of the Commission; FCA, to suspend or revoke the Certificate of Authority to Operate ("CA") as a Lending Company and Financing Company,respectively for continuous failure to comply with the SEC requirements,continuous violation of the LCRA The Commission is authorized,under Section 9 of the LCRA and Rule 8 of its IRR as well as Section 14 of the revoke Certificates of Registration and of Authority of erring financing and lending companies in accordance with existing rules and to act on cognate activities, the Certificate of Registration and Authority of AIR FISH LENDING WHEREFORE, pursuant to SEC Office Order No. 545, series of 2023, granting the FinLenD the authority to compliance with MC 3 series of 2022 for non-submission of its Business Plan. CORPORATION, including its Online Lending Platforms/Applications is hereby REVOKED for continuous non- This Order shall be immediately executory. SO ORDERED. Done in Makati City, Philippines, this th day of May 2025. ATTY.KENNETHOY A.QUIMIO AAAL OI(-Director Scan the QR to verify the document