LBC HOLDINGS INC.

LBC Express Holdings, Inc. is a Philippines-based holding company. The Company is engaged in retail and corporate courier and cargo, money remittance, and logistics services. LBC is the Philippines' market leader in retail and corporate courier & cargo, money remittance, and logistics services. With a growing network of over 1,500 branches, LBC's business comprises of two primary segments: logistics and money transfer services. The logistics business serves retail customers and corporate customers.The logistics products are geared toward both retail and corporate clients. The main services offered under its logistics business are domestic and international courier and freight forwarding services (by way of air, sea, and ground transport). The money transfer services segment consists of remittance services (including branch retail services, prepaid remittance cards and online and mobile remit) and bill payment collection and corporate remittance payout services. The money transfer services segment includes an international presence through its branches, which comprises international inbound remittance services. The Company has a network of over 6,400 branches, hubs and warehouses, partners, and agents in approximately 30 countries.