THE GOLDEN LEGACY FINANCING CORPORATION

Securities and Exchange Commission Republic of the Philippines Department of Finance BAGONGPI FINANCING AND LENDING COMPANIES DEPARTMENT IN THE MATTER OF FinLenD ORDER No.2025 - 19 THE GOLDEN LEGACY FINANCING CORP. FOR: REVOCATION OF CERTIFICATE OF AUTHORITY TO Authority No. 528) (SEC Reg.No 0000193697 and Certificate of OPERATE AS A FINANCING COMPANY FOR CONTINUOUSLY FAILING TO COMPLY WITH SEC MEMORANDUM CIRCULAR NO. 28, SERIES OF Respondent. THE COMMISSION CORPORATIONS, PARTNERSHIPS, ASSOCIATIONS, DESIGNATE E-MAIL ACCOUNT ADDRESS AND CELLPHONE NUMBER FOR TRANSACTIONS WITH 2020 OTHERWISE KNOWN AS REQUIREMENT FOR AND INDIVIDUALS TO CREATE AND/OR X TO: THE GOLDEN LEGACY FINANCING CORP. 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. ATTY. KENNETH JOY A. QUIMIO IM Oig-Director uumm Scan the QR to verify the document Securities and Exchange Commission Republic of the Philippines Department of Finance AGONGPILIPINA FINANCING AND LENDING COMPANIES DEPARTMENT IN THE MATTER OF: FinLenD ORDER No.2025 - 19 (SEC Reg. No. AS091-193697 and Certificate of Authority No. 528) THE GOLDEN LEGACY FINANCING CORP Respondent. FOR: CONTINUOUSLY FAILING TO COMPLY WITH SEC CORPORATIONS, PARTNERSHIPS, ASSOCIATIONS, REVOCATION OF CERTIFICATE OF AUTHORITY TO OPERATE MEMORANDUM 2020 OTHERWISE KNOWN AS REQUIREMENTFOR AND INDIVIDUALS AS A I CIRCULAR NO.28,SERIES OF FINANCING TO CREATE COMPANY AND/OR FOR THE COMMISSION. DESIGNATE E-MAIL ACCOUNT CELLPHONE NUMBER FOR TRANSACTIONS WITH ADDRESS AND ORDEROFREVOCATION 2007 ("LCRA"), its IRR, and other issuances of the Securities and Exchange Commission ("SEC" or the "Commission") on reportorial requirements, Lending Companies ("LC") are required to submit reports as may be required by the No. 8799, or the Securities Regulation Code ("SRC"), Republic Act 8556 or the Financing Company Regulation Act and its Implementing Rules and Regulations ("IRR"), Republic Act no.9474, or the Lending Company Regulation Act of Commission; Pursuant to Republic Act No. 11232, or the Revised Corporation Code of the Philippines ("RCC"), Republic Act cellphone number for transactions with the Commission; corporations, partnerships, associations and individuals to create and/or designate e-mail account address and On 27 October 2020, the Commission issued Memorandum Circular No. 28, series of 2020 ("MC 28") requiring non-filing and late filing of the General Information Sheet ("GIS"), Annual Financial Statement ("AFS") and non- compliance with MC 28,which was extended through MC 20,series of 2023; On 15 March 2023, the Commission issued SEC Memorandum No. 2, series of 2023, granting an amnesty for fines and penalties on the late and non-submission of AFS, GIS and non-compliance with SEC MC 28, imposing an updated fines and penalties to all regulated entities including FCs and LCs; On 27 March 2024,the Commission issued SEC Memorandum Circular No.6,series of 2024,or the updated corporations with Online Lending Platforms/Applications still failed to observe the directives of the Commission; directing the Company to comply and show proof of compliance with its reportorial requirements, subject Despite above Memorandum Circulars issued, Show Cause Letters and Notice of Deficiencies informing and FCA, to suspend or revoke the Certificate of Authority to Operate ("CA") as a Lending Company and Financing and its IRR, FCA, the terms and conditions of the CA, and any lawful order, decision, or ruling of the Commission; 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 The Golden Legacy Financing Corp., including its Online Lending Platforms/Applications is hereby REVOKED for continuous non- Compliance with MC 28. WHEREFORE, pursuant to SEC Office Order No. 545, series of 2023, granting the FinLenD the authority to This Order shall be immediately executory. SO ORDERED. Done in Makati City, Philippines, this th day of May 2025. ATTY. KENNETH/QY/A. QUIMIO M OIC-Director Scan the QR to verify the document