PNS CONSTRUCTION, INC. NIPPON STEEL & SUMITOMO METAL GROUP OF COMPANIES

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PNS CONSTRUCTION, INC. together with NIPPON STEEL & SUMITOMO METAL GROUP OF COMPANIES in the PHILIPPINES NIPPON STEEL & SUMITOMO METAL CORP. NIPPON STEEL & SUMIKIN ENGINEERING PHILIPPINE NSE DESIGN SERVICES. INC. PNS ADVANCED STEEL TECHNOLOGY, INC. Unit 1504 Herrera Tower, 98 V. A. Rufino St. corner Valero St., Salcedo Village, Makati City Telephone No. (632) 845-0749 / Telefax No. (632) 845-0750

INTRODUCTION Dear Esteemed Customer, PNS Construction, Incorporated was established in the 1997 through the strategic alliance of Nippon Steel and Sumitomo Corporation, Japan with the mission to fulfill the engineering businesses aimed at strengthening industrial infrastructure and improving living environments by further developing technologies. Major Engineering fields encompass infrastructure rehabilitation and improvement, building construction, technical cooperation and connecting people to a better life. Our Customer spread over through other Countries such as Hongkong and Republic of Uzbekistan. We served our customers requirement and interest of high quality fabricated products and supervision through our state of the art service and technology. Our high commitment to customer satisfaction becomes management thrust of our Company. We always serve in compliance with our Customers requests and needs to maintain our Customers loyalty. We believe that our design works, fabrication and supply of materials produced only a World Class Quality raised up our prestige and reliability. Our vision to become a World Class Enterprise brings us to continuously improve and develop new products and its technical application. In 2011, we are expanding our venture in other types of service such as preparation of detailed shop drawings for Nittetsu Plant Division. We also have a newly local ventured construction company. We always look to our Customers guidance and encouragement which has made us rated highly in our market society. We hope that we are able to supply our best product and services and we will develop together with our Customers. Year 2015 Hideo Nakahara General Manager

PROFILE AND HISTORY PNS CONSTRUCTION, INC. is located at Unit 1504 Herrera Tower Rufino corner Valero Streets, Makati City Philippines with SEC Registration No. A1997-13028. The company is also registered with the Philippine Contractors Accreditation Board (PCAB) with Contractor s License No. 25308. Since acquiring its contractors license, PNS has completed several projects particularly in steel construction. Among its successful projects from 1998 to 2001 are FUJITSU Factory II, MD Distripark Warehouse, Benguet General Hospital, Mitsumi Factory 3, JIDECO Factory, Sohbi Kohgei, Sanyo Design Center, Futaba Warehouse, Sankyo Seiki, Slit Dam project in Ormoc, Nittetsu Micrometal Philippines Factory and GNF Factory Phase II. From November 2000 to September 2002 PNS was involved and completed the floor and decking works of Headhouse Building, Steel Fixed Link structure and External Stair Steel structure of NAIA IPT3 Project under Takenaka Corporation. PNS was also involved in the supervision of two overseas projects. The steel transfer girder of Hong Kong Electric Building Project was fabricated here in the Philippines and PNS was tapped by Nippon Steel Corporation (Hong Kong Office) to oversee the fabrication of 1,300 ton transfer girder. In May 2000 PNS was again awarded the supervision for the local fabrication of Hong Kong Electric-IHI jetty structure. In 2006, PNS was involved in fabrication and supervision of the local Philippine project namely Subic Clark Tarlac Package 2 Project and Urgent Bridges Construction Project for Rural Development. We were involve also in overseas project, the New Railways Project in Republic of Uzbekistan. Part of our services which includes the preparation of detailed fabrication shop drawings. In 2010, PNS was involved on the supply of materials for the Pasig-Marikina River Rehabilitation Project. PNS, Inc. has already worked with big Japanese Contractors based here in the Philippines such as Takenaka Corporation, Taisei Philippines, Nishimatsu Construction, Toyo Construction, Hazama Philippines, Kajima Philippines, Shimizu Philippines, Tobishima Philippines and Overseas Ohsaki Construction.

Project Highlights Project Description/Location Client/Owner Scope Year Completed Pasig-Marikina River Channel Improvement Project Department of Public Works and Highways - DPWH Supply and Supervision of Fabrication of HAT-C Sheet Piles Phase III Phase II On-going October 2011 Urgent Bridges Construction Project for Rural Development Package 1 Ilocos-Benguet Province Department of Public Works and Highways - DPWH *Supply and Supervision of Fabrication of Structural Steel (4100 tons) *Preparation of Fabrication & Erection drawings of bridges September 2010 Tashguzar-Kumkurgan New Railway Construction Project Republic of Uzbekistan Republic of Uzbekistan State Joint Stock Railway Company *Supply and Supervision of Fabrication of Structural Steel (15000 tons) *Preparation of Fabrication & Erection drawings of bridges October 2008 Subic Clark Tarlac Expressway Project Package 2 Clark-Tarlac Province Bases Conversion Development Authority - BCDA *Supply, Fabrication, Supervision and Erection of Bridges (7600 tons) *Construction Supervision of Perimeter Fence July 2008 2nd Magsaysay Bridge and City Bypass Road Project Department of Public Works and Highways - DPWH Supply, Construction Supervision and Structural Steel Fabrication and Erection (3600 tons) May 2007 KAMANAVA Flood Control Construction Project Nishimatsu Construction Co., Ltd. Supply and Construction Supervision of Filing of Sheet Piles February 2007 Bacolod Airport Project Bacolod Takenaka Corporation - Mindanao Container Terminal Project Riofil Corporation Construction Supervision and Design September 2002 Cagayan de Oro Power Plant Project Cagayan de Oro Taisei Philippines Supervision L & K Factory Building Expansion Clarkfield, Pampanga Kajima Philippines, Inc. Structural Steel Fabrication and Erection (42 tons) May 2003 NAIA IPT 3 Villamor Air Base, Pasay City Takenaka Corporation *Supply and Installation of Roof and Floor Deck for Headhouse Building *Fabrication and Erection of 18 units Fixed Link Steel Structure *Erection of Steel External Stairs September 2002 NMCP Factory Building FPIP, Sto. Tomas, Batangas Nittetsu Micrometal Corp. Phil's. Construction Supervision of Factory Construction August 2001 SANKYO SEIKI Factory Building Subic Technopark CCT Constructors Corporation *Supply and installation of Floor Deck *Supply and installation of Roof materials imported from Japan July 2001

Project Highlights Project Description/Location Client/Owner Scope Year Completed GNF Factory Building (Phase 2) Western Philippines Corporation Structural Steel Fabrication and Erection (150 tons) HEC-IHI Jetty Structure Hong Kong Taihei Alltech Supervision of Fabrication JIDECO Factory Building Lima Industrial Park, Batangas Western Philippines Corporation Structural Steel Fabrication and Erection (470 tons) SANYO Design Center Hacienda Luisita, Tarlac Hazama Philippines, Inc. Material Suppy and Constructionn Supervision Tonokura Ika Kogyo Clarkfield, Pampanga Hazama Philippines, Inc. Material Supply and Construction Supervision Futaba Warehous Buiilding LTI, Sta. Rosa, Laguna Shimizu Philipines Construction Supervision and Erection Sohbi Kohgei Factory Building Lima Industrial Park, Batangas Hazama Philippines, Inc. Construction Supervision and Erection Mitsumi Factory No. 3 BEPZ, Bataan Overseas Ohsaki Cosnt. Material Supply and Construction Supervision July 1999 Benguet General Hospital La Trinidad, Benguet Tobishima Philippines Construction Supervision July 1999 MD Distripark LTI, Sta. Rosa, Laguna Western Philippines Corporation Construction Supervision and Erection May 1999 HEC Headquarter Building Hong Kong Nippon Steel Corporation Supply and Supervision of Fabrication of Strutural Steel FUJITSU Factory Building II FPIP, Sto. Tomas, Batangas Taisei Philippines Construction Supervision Slit Dam Project Ormoc City Toyo Construction Supply and Supervision of Fabrication and Erection (200 tons) year 1998

Projects Pasig-Marikina River Channel Improvement Project KAMANAVA Flood Control Construction Project

Projects Urgent Bridges Construction Project for Rural Development Tashguzar-Kumkurgan New Railway Construction Project

Projects Subic-Clark-Tarlac Expressway Project Package 2 2 nd Magsaysay Bridge and City Bypass Road Project

Projects Subic-Clark-Tarlac Expressway-Fencing Project Package 2 Cagayan de Oro Power Plant Project

Projects NAIA IPT3 Airport Project New Bacolod-Silay Airport Development Project

Projects Fujitsu Factory Building II Project Slit Dam Project

Products Steel Sheet Pile

Products Steel Sheet Pile