FOR INTERNAL TRAINING PURPOSES ONLY EAST TOWER

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1 EAST TOWER TECHNICAL BRIEFING 28 FEBRUARY 2017

2 THE AYALA HERITAGE MAKATI CITY (200 HAS.) BGC (240 HAS.) NUVALI (1,800 HAS.) CEBU BUSINESS PARK (50 HAS.)

3 THE BUSINESS CAPITAL

4 ALI S P125B REDEV T PLAN MCKINLEY EXCHANGE P0.6B AYALA CENTER P28.3B AYALA TRIANGLE GARDENS P25.0B MCBD P11.1B CITY GATE P21.4B CIRCUIT MAKATI P39.3B

5 THE SIX NODES C I T Y G A T E M C B D A Y A L A T R I A N G L E G A R D E N S A Y A L A C E N T E R M C K I N L E Y E X C H A N G E

6 MAKATI S LIFESTYLE PLAYGROUND

7 ACCESSIBILITY

8 FOR PRIVATE VEHICLES 25 Minutes - MRT 3 Guadalupe Station - MRT 3 Magallanes Station 20 Minutes Makati Ave. (H.V. de la Costa) 15 Minutes J.P. Rizal (Rockwell Center) 10 Minutes Makati Ave. (Makati- Mandaluyong Bridge) 5 Minutes Chino Roces Ave. cor. Sen. Gil Puyat Ave.

9 FOR PUBLIC TRANSPORTATION FROM QUEZON CITY 19 mins. MRT 3 (P24.00) North Ave. Station to Guadalupe Station 2 mins. Walk Guadalupe Station to EDSA 17 mins. Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 43 mins. FARE: Approx. P34.00 Source: DOTC, LTFRB

10 FOR PUBLIC TRANSPORTATION FROM ORTIGAS CENTER 16 mins. Bus (P ± 12.00) Ortigas Ave. Grotto NAIA via EDSA, Ayala, Buendia Extension 17 mins. Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 38 mins. FARE: Approx. P22.00 Source: DOTC, LTFRB

11 FOR PUBLIC TRANSPORTATION BONIFACIO GLOBAL CITY 12 mins. 17 mins. Jeep (P8.50) 7Th Ave. AFP/PNP Housing (Taguig) Guadalupe (ABC) via Bayani Road Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 34 mins. FARE: Approx. P18.50 Source: DOTC, LTFRB

12

13 A SYNERGY OF EXCELLENCE

14 THE STILES ENTERPRISE PLAZA WEST TOWER (2020) CIRCUIT CORPORATE CENTER (2017) SOLSTICE TOWERS (2019) CALLISTO TOWER 1 (2022) TRANSPORT TERMINAL (2014) GLOBE CIRCUIT EVENTS GROUNDS (2013) CIRCUIT LANE (2015) AYALA MALLS CIRCUIT (2018) SEDA (2019) POWER MAC CENTER SPOTLIGHT (2015) MOUNTAIN DEW SKATE PARK (2014) CIRCUIT PERFORMING ARTS THEATER (2019) S&R (2019) CITY KART RACING (2014) GATORADE-CHELSEA BLUE PITCH (2014) EXISTING ONGOING

15 INTERIM G L O B E C I R C U I T E V E N T S G R O U N D S GLOBE CIRCUIT EVENTS GROUNDS A venue for large concerts, festivals and other outdoor entertainment Opened in ,000-sqm canopy 2 hectares of open grounds Can accommodate 20,000 people

16 INTERIM C I T Y K A R T R A C I N G A 650-meter karting race track that makes use of a Formula One timing system Opened in January 2014 CITY KART RACING

17 INTERIM G A T O R A D E C H E L S E A B L U E P I T C H A FIFA regulation-sized blue pitch that measures 110m x 74m Opened in January 2014 GATORADE CHELSEA BLUE PITCH

18 INTERIM M O U N T A I N D E W S K A T E P A R K Featuring a 1,000-sqm skate area, the Mountain Dew Skate Park is the first of its kind in the Philippines MOUNTAIN DEW SKATE PARK Opened in January 2014

19 ENTERTAINMENT P O W E R M A C C E N T E R S P O T L I G H T POWER MAC CENTER SPOTLIGHT GLOBE CIRCUIT EVENT GROUNDS (2013) A black box venue for art exhibits, music recitals, comedy shows, Cocktail parties, product launches, and workshops Opened in September 2015 Seating capacity of 300 pax

20 RETAIL C I R C U I T L A N E CIRCUIT LANE A 253-m sprawling strip of retail shops, allday dining, restos, bars and cafes Opened in September ,084 sqm GLA 15,507 sqm GFA

21 OFFICES FOR LEASE C I R C U I T C O R P O R A T E C E N T E R CIRCUIT CORPORATE CENTER A two-tower development that has offices for lease 72,708 sqm GLA To be completed by July 2017

22 RETAIL A Y A L A M A L L S C I R C U I T A regional mall that is seamlessly connected to Circuit Lane and strategically located beside the district s business center AYALA MALLS CIRCUIT 5 physical levels, 1 basement 52,447 sqm GLA To be completed by Q3 2018

23 RETAIL S & R M E M B E R S H I P S H O P P I N G A warehouse membership shopping chain that has become a household favorite in the country. S&R (2019) Located conveniently beside Ayala Malls Circuit, with direct access to the main mall To be completed by Q2 2019

24 HOTEL S E D A C I R C U I T M A K A T I SEDA CIRCUIT MAKATI Lifestyle-centric hotel experience for the family 18 physical floors, 1 basement 255 hotel rooms 16,415 sqm GFA To be completed by Q4 2019

25 ENTERTAINMENT C I R C U I T P E R F O R M I N G A R T S T H E A T E R A world-class performing arts theater equipped with state-of-the-art lights and sounds, outstanding acoustics, and scenery technology CIRCUIT PERFORMING ARTS THEATER Seating capacity of 1,500 pax To be completed by Q4 2019

26 JAIME ZOBEL HALL <Theater Renderings>

27 THEATER AUDITORIUM

28 RESIDENTIAL S O L S T I C E T O W E R S Launched in Mar % SOLD SOLSTICE TOWERS The first residential development of Alveo in Circuit Makati, Tower 1 Launch price: P115k/sqm Current price: P131k/sqm 13.9% increase Tower 2 Launch price: P120k/sqm Current price: P130k/sqm 8.3% increase

29 RESIDENTIAL C A L L I S T O T O W E R 1 Launched in Sept % SOLD CALLISTO TOWER 1 The first tower of the second residential development of Alveo in Circuit Makati, Launch price: P136k/sqm

30

31 MAKATI S TOP EMERGING OFFICE ADDRESS

32 IN FEBRUARY 2015, THE STILES ENTERPISE PLAZA WAS INTRODUCED TO THE MARKET

33 AND BECAME ALVEO S HIGHEST-SELLING MAKATI LAUNCH AT THAT TIME

34 SINCE THEN IT HAS SOLD A TOTAL OF 248 UNITS, 88% SOLD AS OF FEB. 2017

35 GENERATED P3.0B IN SALES AND P2.8B IN BOOKINGS, 88% SOLD 92% BOOKED AS OF FEB. 2017

36 AND APPRECIATED IN VALUE BY 12.0% 170, , , , , , , , , , , , , ,000 Circuit Lane & Power Mac Center Spotlight Sept % Take-up Dec % Take-up Nov S&R Announcement Jan. 2017

37 WEST TOWER EAST TOWER

38 WEST TOWER EAST TOWER

39 THE STILES ENTERPRISE PLAZA Building Type West East Total Grade A, LEED Certified Office Land Area 2,460 sqm 2,460 sqm 4,920sqm Gross Floor Area 38,698 sqm 46,663 sqm 85,361 sqm FAR No. of Floors 29 storeys 33 storeys No. of Units 283 units 349 units 632 units No. of Parking 408 slots 488 slots 896 slots Parking Ratio 144% 140% 142% Retail Turnover 1Q 2020 GF and 10F 5 yrs. from launch

40 THE STILES ENTERPRISE PLAZA West East No. of Physical Floors Roofdeck 1 1 Office Podium 8 7 Lobby/Retail 1 (Ground Floor) No. of Elevators High Zone 6 6 Low Zone 6 6 Service 1 1 Parking 2

41 THE STILES ENTERPRISE PLAZA

42 PODIUM & DROP-OFF

43 GROUND FLOOR RETAIL & AMENITIES WEST TOWER EAST TOWER West Tower East Tower Unit Size (SQM) SIZE (SQFT) Unit Size (SQM) SIZE (SQFT) , , , , , ,397 Business Center 569 6,260

44 DROP-OFF & LOBBIES

45 WEST TOWER LOBBY

46 WEST TOWER ELEVATOR LOBBY

47 EAST TOWER LOBBY

48 EAST TOWER ELEVATOR LOBBY

49 GROUND FLOOR RETAIL & AMENITIES EAST TOWER MAIN LOBBY East Tower Unit Size (SQM) Size (SQFT) Conference Hall 222 2,442 Room A Room B Room C Room D Board Room

50 BUSINESS CENTER LOUNGE

51 BUSINESS CENTER LOUNGE

52 BUSINESS CENTER HALLWAY

53 BUSINESS CENTER CONFERENCE ROOM

54 BUSINESS CENTER CONFERENCE HALL

55 BUSINESS CENTER RESTROOMS

56 BUSINESS CENTER RESTROOMS

57 BUSINESS CENTER RESTROOMS

58 PODIUM PARKING West Tower East Tower Regular Tandem Retail Total Regular Tandem Retail Total PWD Total P P P P P P P P TOTAL

59 10F RETAIL & LANDSCAPED DECK Unit Tower Size (SQM) SIZE (SQFT) 1008 West 180 1, West 100 1, East 162 1, East 102 1,122 Landscaped Deck 530 5,830

60

61 MAKATI SKYLINE

62 10 TH FLOOR No. of Units Size Range Total NSA 13 units sqm 1,329 sqm

63 WEST TOWER LOW ZONE: 11 TH -25 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units sqm 1,416 sqm

64 WEST TOWER 26 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units sqm 1,416 sqm

65 WEST TOWER 27 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units sqm 1,377 sqm

66 WEST TOWER HIGH ZONE: 28 TH -36 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units sqm 1,451 sqm

67 WEST TOWER PENTHOUSE: 37 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 6 units sqm 1,155 sqm

68 BUILDING SPECIFICATIONS Description Unit Finishes Glass BMS Telecom & Broadband Climate control Building Specifications Flooring: Bare and Rough Cement Finish Ceiling: Bare and Rough Cement Finish No unit partitions (markings to define unit boundaries only) Gypsum board temporary partitions along common hallway Provision for one (1) executive toilet 75% glass ratio, double-glazed Monitoring of electrical power, illumination, security and observation, RFID, air-conditioning, water supply systems Globe and PLDT with provision for one (1) additional provider Fiber optic backbone VRF water cooled system, w/ modular variable speed design Tapping point for chilled water & fresh air, w/ BTU meters provided Power supply Fire Detection & Alarm 100% back-up generator Smoke detector, monitor module and stub-outs for sprinkler heads

69 BGC LEASE RATES Arthaland Tower Bonifacio One Technology Center One Global Place Trade and Financial Tower Inoza Tower The Menarco Tower Ore Central World Plaza Grade Premium A A A A A A A # Floors Rent/Sqm P 1,200 P 1,000 P 1,000 P 900 P 1,200 P 1,200 P1,200 P1,200 Dues/Sqm P 220 P 180 P 180 P 165 P 180 P 220 P220 P220 BGC lease rates range from P900 to P1,200 per sqm per month

70 MAKATI LEASE RATES Tower One The Enterprise Center Zuellig Building Tower Rockwell PBCom Tower GT Tower Ayala 6750 Grade Premium Premium Premium Premium A A A A # Floors & Rent/Sqm P 1,300 P 1,200 P 1,400 P 1,300 P 1,200 P 1,400 P 1,200 P 1,200 Dues/Sqm P 200 P 200 P 220 P 200 P 175 P 220 P 180 P 220 Makati lease rates range from P1,200 to P1,400 per sqm per month

71 SELLING PRICE P165k/sqm Size Range TCP Range Corner sqm P 16.9m m Middle sqm P 12.0m m Total sqm P 12.0m m

72 Selling Price RENTAL YIELD RENTAL YIELD Rental Rates PHP , % 8.0% 8.8% 9.6% 10.4% 11.2% 12.0% 160, % 7.5% 8.3% 9.0% 9.8% 10.5% 11.3% 165, % 7.3% 8.0% 8.7% 9.5% 10.2% 10.9% 175, % 6.9% 7.5% 8.2% 8.9% 9.6% 10.3% 185, % 6.5% 7.1% 7.8% 8.4% 9.1% 9.7% 195, % 6.2% 6.8% 7.4% 8.0% 8.6% 9.2% 205, % 5.9% 6.4% 7.0% 7.6% 8.2% 8.8% 215, % 5.6% 6.1% 6.7% 7.3% 7.8% 8.4% 225, % 5.3% 5.9% 6.4% 6.9% 7.5% 8.0% 235, % 5.1% 5.6% 6.1% 6.6% 7.1% 7.7% 241, % 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 246, % 4.9% 5.4% 5.9% 6.3% 6.8% 7.3% 255, % 4.7% 5.2% 5.6% 6.1% 6.6% 7.1% 257, % 4.7% 5.1% 5.6% 6.1% 6.5% 7.0% 265, % 4.5% 5.0% 5.4% 5.9% 6.3% 6.8% 275, % 4.4% 4.8% 5.2% 5.7% 6.1% 6.5% STILES HSS2 & PT HSS1 Gentry APT AFT Circuit Makati can yield approximately 6.5% - 8.0% ROI even with lower rental rate than that of BGC

73 PAYMENT TERMS Reservation fee of P200, per unit and P100, per parking slot Standard Cash Discount DP MA Bal Cash in 60 7% 95% in 0 60 days - 5% after 12 mos. Cash in 90 Standard Deferred 5% 95% in days - 5% after 12 mos (60) 2% 50% 50% over 60 mos (60) 1% 30% 70% over 60 mos (60) - 20% 80% over 60 mos (60) - 10% 90% over 60 mos. - Promo DP MA Bal Applicability 10-50(60)-40 10% 50% over 60 mos. 40% x01 and x09

74 SELLING RESTRICTIONS Half floors: x01-x05, x09-x12 x06-x08, x15-x18 Quarters: x01-x05 x06-x08 x09-x12 x15-x18 2 parking slots/unit Penthouse 10F All corner units 1 parking slot/unit All other units

75

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