License to Operate issued to
VILLA SHIPPING LINES, INC.
| Certificate Issued: | License to Operate |
| Issued To: | VILLA SHIPPING LINES, INC. |
| Address: | After Jason Store, Looc, Lapu-lapu City, Cebu |
| TIN Number: | 291-628-775-000 |
| Commodity | Plant food |
| Certificate No. | BPI-DSW-0961 |
| Issued Date: | July 29, 2026 |
| Valid Until: | July 29, 2029 |
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