(BASED ON SFAS) EWB-Grace Park, Cal. City C/A # (Co 409, EWB-Grace Park, Cal. City C/A # (RF) 103, BOC-Cag. d

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1 TRAVELLERS INSURANCE & SURETY CORPORATION ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 (BASED ON SFAS) Cash on hand 24, Revolving fund 14, Petty cash fund 113, Commission fund 50, Claims fund - PAMI 2,028, Claims fund - Supreme Court 1,000, BPI-Legaspi City C/A # (RF) 150, BC-U N Avenue C/A # , BC-Taft Avenue C/A # , BC-Dumaguete City A/C # , LBP-Cabarroguis, Quirino C/A # , BDO-Binondo, Rosario A/C # , MBTC-T M Kalaw $SA # ,198, PVB-Naga C/A # , PNB-Bayombong, Nueva Viscaya C/A # , PNB-T M Kalaw S/A # , PSB-Dagupan City S/A # Co. 57, RCBC-Salcedo C/A # (Co) 130, RCBC-Salcedo C/A # (RF) 114, RCBC-Subic A/C # , AMA Bank-San Pablo S/A # (Co.) 765, AMA Bank-San Pablo S/A # (RF) 26, SBC-MALATE S/A # (Co) 974, UCPB-T M Kalaw A/C # , Security fund 48, Maybank-Iloilo City C/A # (RF) 29, Maybank-Iloilo City C/A # (Co) 32, CSB-Baclaran # ,473, AUB-Ermita A/C # , SBC-Malate S/A # (RF) 330, CSB-Baclaran (FAO Cebu) S/A # , CSB-Cebu City A/C # (RF) 50, BC-Davao City A/C # (Co.) 303, BC-Davao City A/C # (RF) 88, BDO-T M Kalaw S/A # , EWB-U N Avenue C/A # ,000, BDO-Concepcion, Marikina S/A # , BDO-Concepcion, Marikina S/A # ,373, BC-Bacolod C/A # (Co) 227, EWB-U N Avenue (Dollar Time Deposit) 1,332, BOC-Bacolod C/A # (RF) 33, EWB-U N Avenue $SA # ,498, Page 1 of 10

2 (BASED ON SFAS) EWB-Grace Park, Cal. City C/A # (Co 409, EWB-Grace Park, Cal. City C/A # (RF) 103, BOC-Cag. de Oro City C/A # (RF) 11, BOC-Cag. de Oro City C/A # (Co) 234, CSB-Baclaran (Peso Time Deposit) 1,766, LBP-U N Avenue S/A # , BOC-Legaspi C/A # (Co) 82, BOC-Legaspi C/A # (RF) 7, PSB-T M Kalaw (Dollar Time Deposit) 774, BOC-Gen. Santos City C/A # (RF) 78, BOC-Gen. Santos City C/A # (Co) 53, GRB-Kamias (Peso Time Deposit) 530, EWB-Davao S/A # , SBC-Adriatico, P Faura S/A # , RCBC/SB-Mandaue (RF)# , RCBC/SB-Mandaue (Co)# , SBC-Adriatico, P. Faura C/A # , DBP-Head Office S/A # , PTC-Head office S/A # , GRB-Guagua, Pampanga C/A # , EWB-Baguio City C/A # , GRB-Guagua, Pampanga S/A # ,845, GRB-Guagua, Pampanga S/A # ,482, SBC-Adriatico, P. Faura $SA , Premium receivable 51,902, Due from agents 93,190, Allowance for doubtful accounts 1,705, Premium due from reinsurers - facultative 16,541, Premium due from reinsurers - treaty 4,497, Premium reserve withheld by reinsurers - treaty 2,428, Reinsurance recoverable on paid losses - facul 9,222, Reinsurance recoverable on paid losses - treaty 5,529, Reinsurance recoverable on unpaid losses - facul. 7, Reinsurance recoverable on unpaid losses - treaty 5,178, Reinsurers share on IBNR 4,665, Stationeries and office supplies inventory 1,907, Prepaid rent 266, Prepaid taxes 3,613, Accounts receivable 2,267, Accrued interest receivable 75, Advances to employees 41,617, Salvage recoverable 8,188, Car loan receivable 401, Mortgage loan receivable 13,047, Salary loan receivable 2,695, Page 2 of 10

3 (BASED ON SFAS) Investment in treasury bills 202,719, Investment in shares of stocks 2,195, Investment in Bonds 14,271, Allowance for AFS MV Decline 1,145, EDP machines 13,028, Allowance for depreciation - EDP machines 11,042, Furniture & fixtures 7,284, Allowance for depreciation - furniture & fixtures 5,222, Office equipment 1,679, Allowance for depreciation - office equipment 1,258, Transportation equipment 10,995, Allowance for depreciation - transp. equipment 1,692, Condominium unit 20,866, Allowance for depreciation - condo. unit 2,047, Land 43,251, Land for office use 39,112, Deposit on rent, light & water 1,785, Deferred acquisition cost 70,384, Deferred reinsurance premium 11,599, Leasehold improvement 231, Deferred tax assets 7,457, Premium due to reinsurers - facultative 22,577, Premium due to reinsurers - treaty 5,164, Losses and claims payable - direct 33,898, Losses and claims payable assumed - facultative 1,455, Losses and claims payable - IBNR 10,512, Claims handling expense payable 126, Accounts payable 8,580, Auto loan payable 5,830, Accrued expenses 418, Documentary stamps payable 1,127, Fire service tax payable 24, Local tax payable 683, Output tax payable 11,644, EC and maternity payable 2, Philhealth premium payable 46, SSS Premium Payable 161, SSS Loan Payable 41, ITW payable 183, EWT payable 21,869, HDMF payable 30, HDMF loan payable 33, Premium tax payable 12, Income tax payable 4,137, Deferred income tax liabilities 42,013, Page 3 of 10

4 (BASED ON SFAS) Employees retirement obligation 13,296, Unearned interest income 1,474, RESERVE FOR UNEARNED PREMIUM 180,072, Catastrophe loss reserve 185, Deferred commission income 3,694, Paid-up capital stock 300,000, Contributed surplus 339,580, Retained earnings 95,042, Contingency surplus 831, Revaluation surplus 4,879, Revaluation reserve 1,310, Remeasurement gains/losses 2,480, Premium income - direct 484,918, Reinsurance premium assumed - facultative 7,873, Reinsurance premium assumed - treaty 16,452, Commission income - facultative 4,403, Commission income - treaty 2,586, Interest income 5,493, Foreign exchange gain/loss 2, Miscellaneous income 660, Gain(Loss) on sale of prop.& equipt./investment 114, Gain/loss on revaluation 8,687, Rental income 638, Reinsurance premium ceded - facultative 12,740, Reinsurance premium ceded - treaty 8,710, INCREASE/DECREASE IN RESERVE FOR UNEARNED PREMIUM 6,949, Increase/Decrease in catastrophe loss reserve 182, Commission expense - direct 118,414, Commission on reinsurance assumed - facultative 2,631, Commission on reinsurance assumed - treaty 7,768, Losses - direct 73,710, Losses on reinsurance assumed - facultative 1,045, Losses on reinsurance assumed - treaty 6,717, Loss adjustment expense - direct 394, Other underwriting expenses 17,875, Losses - IBNR 5,847, Claims handling expense 126, Bank charges 104, Books, subscriptions and periodicals 57, Depreciation expense 2,771, Documentary stamps expense 12,804, Donation and contribution 1,173, Dues and fees 3,387, EC and maternity contribution 27, EDP expense 524, Page 4 of 10

5 (BASED ON SFAS) Employees privileges 13,092, Heat, light & water 1,419, Insurance expense 454, Interest expense 1,597, Legal and documentation expense 3,001, Philhealth premium contribution 281, Meetings and conferences 1,341, Miscellaneous expense 219, Notarial fees expense 664, Directors fee 643, Postage, freight and fees 2,050, Printing and office supplies 6,713, Promotion and advertisement 2,899, Rent expense 6,375, Repairs and maintenance 1,075, Representation expense 10,837, Retainers fee 415, Salaries and wages 29,811, SSS Premium Contribution 1,289, Taxes and licenses 1,155, Telephone and telegrams 2,735, Training expenses 2,356, Transportation and travel 10,397, HDMF premium contribution 121, Marketing expenses 94,980, ECOLA 36, Amortization expense 197, Management fee 1,200, Professional fees 3,661, Bad debts 1,385, Provision for (Benefit from) income tax - current 5,547, Provision for (Benefit from) inc. tax - deferred 16,014, TOTALS 1,668,287, ,668,287, /28/2018 Page 5 of 10

6 TRAVELLERS INSURANCE & SURETY CORPORATION ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 (Based on SAP) Cash on hand 24, Revolving fund 14, Petty cash fund 113, Commission fund 50, Claims fund - PAMI 2,028, Claims fund - Supreme Court 1,000, BPI-Legaspi City C/A # (RF) 150, BC-U N Avenue C/A # , BC-Taft Avenue C/A # , BC-Dumaguete City A/C # , LBP-Cabarroguis, Quirino C/A # , BDO-Binondo, Rosario A/C # , MBTC-T M Kalaw $SA # ,198, PVB-Naga C/A # , PNB-Bayombong, Nueva Viscaya C/A # , PNB-T M Kalaw S/A # , PSB-Dagupan City S/A # Co. 57, RCBC-Salcedo C/A # (Co) 130, RCBC-Salcedo C/A # (RF) 114, RCBC-Subic A/C # , AMA Bank-San Pablo S/A # (Co.) 765, AMA Bank-San Pablo S/A # (RF) 26, SBC-MALATE S/A # (Co) 974, UCPB-T M Kalaw A/C # , Security fund 48, Maybank-Iloilo City C/A # (RF) 29, Maybank-Iloilo City C/A # (Co) 32, CSB-Baclaran # ,473, AUB-Ermita A/C # , SBC-Malate S/A # (RF) 330, CSB-Baclaran (FAO Cebu) S/A # , CSB-Cebu City A/C # (RF) 50, BC-Davao City A/C # (Co.) 303, BC-Davao City A/C # (RF) 88, BDO-T M Kalaw S/A # , EWB-U N Avenue C/A # ,000, BDO-Concepcion, Marikina S/A # , BDO-Concepcion, Marikina S/A # ,373, BC-Bacolod C/A # (Co) 227, EWB-U N Avenue (Dollar Time Deposit) 1,332, BOC-Bacolod C/A # (RF) 33, Page 6 of 10

7 (Based on SAP) EWB-U N Avenue $SA # ,498, EWB-Grace Park, Cal. City C/A # (Co 409, EWB-Grace Park, Cal. City C/A # (RF) 103, BOC-Cag. de Oro City C/A # (RF) 11, BOC-Cag. de Oro City C/A # (Co) 234, CSB-Baclaran (Peso Time Deposit) 1,766, LBP-U N Avenue S/A # , BOC-Legaspi C/A # (Co) 82, BOC-Legaspi C/A # (RF) 7, PSB-T M Kalaw (Dollar Time Deposit) 774, BOC-Gen. Santos City C/A # (RF) 78, BOC-Gen. Santos City C/A # (Co) 53, GRB-Kamias (Peso Time Deposit) 530, EWB-Davao S/A # , SBC-Adriatico, P Faura S/A # , RCBC/SB-Mandaue (RF)# , RCBC/SB-Mandaue (Co)# , SBC-Adriatico, P. Faura C/A # , DBP-Head Office S/A # , PTC-Head office S/A # , GRB-Guagua, Pampanga C/A # , EWB-Baguio City C/A # , GRB-Guagua, Pampanga S/A # ,845, GRB-Guagua, Pampanga S/A # ,482, SBC-Adriatico, P. Faura $SA , Premium receivable 51,902, Due from agents 93,190, Allowance for doubtful accounts 1,705, Premium due from reinsurers - facultative 16,541, Premium due from reinsurers - treaty 4,497, Premium reserve withheld by reinsurers - treaty 2,428, Reinsurance recoverable on paid losses - facul 9,222, Reinsurance recoverable on paid losses - treaty 5,529, Reinsurance recoverable on unpaid losses - facul. 7, Reinsurance recoverable on unpaid losses - treaty 5,178, Reinsurers share on IBNR 4,665, Stationeries and office supplies inventory 1,907, Prepaid rent 266, Prepaid taxes 3,613, Accounts receivable 2,267, Accrued interest receivable 75, Advances to employees 41,617, Salvage recoverable 8,188, Car loan receivable 401, Page 7 of 10

8 (Based on SAP) Mortgage loan receivable 13,047, Salary loan receivable 2,695, Investment in treasury bills 202,719, Investment in shares of stocks 2,195, Investment in Bonds 14,271, Allowance for AFS MV Decline 1,145, EDP machines 13,028, Allowance for depreciation - EDP machines 11,042, Furniture & fixtures 7,284, Allowance for depreciation - furniture & fixtures 5,222, Office equipment 1,679, Allowance for depreciation - office equipment 1,258, Transportation equipment 10,995, Allowance for depreciation - transp. equipment 1,692, Condominium unit 20,866, Allowance for depreciation - condo. unit 2,047, Land 43,251, Land for office use 39,112, Deposit on rent, light & water 1,785, Leasehold improvement 231, Deferred tax assets 7,457, Premium due to reinsurers - facultative 22,577, Premium due to reinsurers - treaty 5,164, Losses and claims payable - direct 33,898, Losses and claims payable assumed - facultative 1,455, Losses and claims payable - IBNR 10,512, Claims handling expense payable 126, Accounts payable 8,580, Auto loan payable 5,830, Accrued expenses 418, Documentary stamps payable 1,127, Fire service tax payable 24, Local tax payable 683, Output tax payable 11,644, EC and maternity payable 2, Philhealth premium payable 46, SSS Premium Payable 161, SSS Loan Payable 41, ITW payable 183, EWT payable 21,869, HDMF payable 30, HDMF loan payable 33, Premium tax payable 12, Income tax payable 4,137, Page 8 of 10

9 (Based on SAP) Deferred income tax liabilities 42,013, Employees retirement obligation 13,296, Unearned interest income 1,474, RESERVE FOR UNEARNED PREMIUM 192,709, Catastrophe loss reserve 185, Paid-up capital stock 300,000, Contributed surplus 339,580, Retained earnings 33,189, Contingency surplus 831, Revaluation surplus 4,879, Revaluation reserve 1,310, Remeasurement gains/losses 2,480, Premium income - direct 484,918, Reinsurance premium assumed - facultative 7,873, Reinsurance premium assumed - treaty 16,452, Commission income - facultative 4,505, Commission income - treaty 2,865, Interest income 5,493, Foreign exchange gain/loss 2, Miscellaneous income 660, Gain(Loss) on sale of prop.& equipt./investment 114, Gain/loss on revaluation 8,687, Rental income 638, Reinsurance premium ceded - facultative 13,624, Reinsurance premium ceded - treaty 9,635, INCREASE/DECREASE IN RESERVE FOR UNEARNED PREMIUM 18,354, Increase/Decrease in catastrophe loss reserve 182, Commission expense - direct 137,821, Commission on reinsurance assumed - facultative 2,551, Commission on reinsurance assumed - treaty 4,683, Losses - direct 73,710, Losses on reinsurance assumed - facultative 1,045, Losses on reinsurance assumed - treaty 6,717, Loss adjustment expense - direct 394, Other underwriting expenses 17,875, Losses - IBNR 5,847, Claims handling expense 126, Bank charges 104, Books, subscriptions and periodicals 57, Depreciation expense 2,771, Documentary stamps expense 12,804, Donation and contribution 1,173, Dues and fees 3,387, EC and maternity contribution 27, Page 9 of 10

10 (Based on SAP) EDP expense 524, Employees privileges 13,092, Heat, light & water 1,419, Insurance expense 454, Interest expense 1,597, Legal and documentation expense 3,001, Philhealth premium contribution 281, Meetings and conferences 1,341, Miscellaneous expense 219, Notarial fees expense 664, Directors fee 643, Postage, freight and fees 2,050, Printing and office supplies 6,713, Promotion and advertisement 2,899, Rent expense 6,375, Repairs and maintenance 1,075, Representation expense 10,837, Retainers fee 415, Salaries and wages 29,811, SSS Premium Contribution 1,289, Taxes and licenses 1,155, Telephone and telegrams 2,735, Training expenses 2,356, Transportation and travel 10,397, HDMF premium contribution 121, Marketing expenses 94,980, ECOLA 36, Amortization expense 197, Management fee 1,200, Professional fees 3,661, Bad debts 1,385, Provision for (Benefit from) income tax - current 5,547, Provision for (Benefit from) inc. tax - deferred 16,014, TOTALS 1,615,757, ,615,757, May 28, 2018 Page 10 of 10