Alphaland Corporate Presentation

Projects (cont’d)Balesin Island Club (1)Description• Over 400ha island with seven themed villages inspired by world renowned seaside destinations containing 292 villas, including 14 suites in theclubhouse, across approximately 90ha• Approximately 18 minutes away from Metro Manila by Jet Stream 32Development cost:• Total estimated development cost: PHP 3.2 billion (2)Funding expected to come from:• PHP 2 billion credit line from Bank of Commerce(1) Owned, operated and managed by an affiliate not within the Group.(2) These are the Company’s current expected development costs, which are subject to a number of variables and other factors, many of which are outside the control of the Company, and arebased on assumptions that include, without limitation, expected construction costs, interest rates and timetable and expected raw material and other input and development costs, many of whichhave not yet been contracted for the Company, and accordingly these expected development costs are subject to change from time to time.20