06/18/2026 | Press release | Distributed by Public on 06/18/2026 15:17
| PROPERTY NAME | OWNER NAME |
# of UNICOINS Stated in Assets Swap Agreement |
Seller Provided Appraisal or Bank Provided Value** |
Seller Provided Appraisal or Bank Value Divided by # of Unicoins Stated in Asset Swap Agreement |
Country |
TransparentBusiness, Inc. Date Signed |
Type of Contract Signed |
Asset Swap Counterparty |
Expected Future Owner of the Real Estate |
Seller Provided Appraisal Date |
Type of Appraisal |
Name of Appraisal Company |
Appraiser License # |
Seller Provided Appraisal Value in Philippine Peso |
Seller Provided Original Appraisal or Bank Value in Philippine Peso |
Original Appraiser License # |
Original Name of Appraisal Company |
Original Seller Provided Appraisal Date |
Originial Type of Appraisal |
| [**] | [**] | 1,320,847,074 | $235,865,549 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | June 6, 2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱25,094,289,000.00 | ₱25,094,289,000.00 | 1652 | Gregory B. Billedo | June 6, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 637,749,504 | $113,883,840 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | ₱6,438,698,735.00 | N/A | MIPREA RVC | August 21, 2024 | Phillipine Broker Appraiser |
| [**] | [**] | 503,371,608 | $89,887,787 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | March 1, 2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱5,027,000,000.00 | ₱5,027,000,000.00 | 1652 | Gregory B. Billedo | March 1, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 416,656,800 | $74,403,000 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | Pending updated Appraisal | ₱4,274,879,774.00 | N/A | MIPREA RVC | October 15, 2024 | Phillipine Broker Appraiser |
| [**] | [**] | 399,420,872 | $71,325,156 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | July 17, 2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱4,164,000,000.00 | ₱4,164,000,000.00 | 1652 | Gregory B. Billedo | July 17, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 288,367,464 | $51,494,190 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | June 27, 2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱3,014,000,000.00 | ₱3,014,000,000.00 | 1652 | Gregory B. Billedo | June 27, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 219,949,700 | $39,276,732 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | February 4, 2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱2,207,054,000.00 | ₱2,207,054,000.00 | 1652 | Gregory B. Billedo | February 4, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 127,203,440 | $22,714,900 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | July 25, 2023 | Licensed Philippine Appraiser | Tomas G. Sarceno | 1120 | ₱1,192,604,302.00 | ₱1,192,604,302.00 | 1120 | Tomas G. Sarceno | July 25, 2023 | Licensed Philippine Appraiser |
| [**] | [**] | 105,052,248 | $18,759,330 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | June 26,2024 | Licensed Philippine Appraiser | Gregory B. Billedo | 1652 | ₱1,098,000,000.00 | ₱1,098,000,000.00 | 1652 | Gregory B. Billedo | June 26,2024 | Licensed Philippine Appraiser |
| [**] | [**] | 61,362,000 | $10,957,500 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | November 6, 2023 | Licensed Philippine Appraiser | Engr. Christopher O. Casuncad | 6725 | ₱613,866,000.00 | ₱613,866,000.00 | 6725 | Engr. Christopher O. Casuncad | November 6, 2023 | Licensed Philippine Appraiser |
| [**] | [**] | 55,120,772 | $9,842,995 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | March 14, 2024 | Licensed Philippine Appraiser | Bonifacio A. Miguel | 1017 | ₱551,954,000.00 | ₱551,954,000.00 | 1017 | Bonifacio A. Miguel | March 14, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 45,451,000 | $8,116,250 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | November 13, 2024 | Licensed Philippine Appraiser | Ilys P. Grajo | 11655 | ₱477,000,000.00 | ₱477,000,000.00 | 11655 | Ilys P. Grajo | November 13, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 28,746,308 | $5,133,269 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | March 8, 2024 | Licensed Philippine Appraiser | Arsenio D. Advincula Jr. | 4578 | ₱288,824,000.00 | ₱288,824,000.00 | 4578 | Arsenio D. Advincula Jr. | March 8, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 12,157,286 | $2,170,944 | ($0.18) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | March 23, 2024 | Licensed Philippine Appraiser | Erwin Adams L. Ringor | 11283 | ₱122,424,000.00 | ₱122,424,000.00 | 11283 | Erwin Adams L. Ringor | March 23, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 8,873,122 | $1,584,486 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | July 25, 2024 | Licensed Philippine Appraiser | Abegail Y. Galvez | 10754 | ₱92,800,000.00 | ₱92,800,000.00 | 10754 | Abegail Y. Galvez | July 25, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 7,617,680 | $1,360,300 | ($0.18) | Philippines | June 15, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | February 12, 2024 | Licensed Philippine Appraiser | Bonifacio Miguel | 1017 | ₱76,135,500.00 | ₱76,135,500.00 | 1017 | Bonifacio Miguel | February 12, 2024 | Licensed Philippine Appraiser |
| [**] | [**] | 4,102,124 | $1,025,531 | ($0.25) | Philippines | June 17, 2026 | Asset Swap | TransparentBusiness, Inc. | 140 R. E. PROPERTIES INC. | September 27, 2021 | Bank Valuation | Banco De Oro (Michael Hernando) | N/A | ₱40,668,571.43 | ₱40,668,571.43 | N/A | Banco De Oro (Michael Hernando) | September 27, 2021 | Bank Valuation |
| 4,242,049,002 | 757,801,759 | ($0.18) | |||||||||||||||||
| * = TransparentBusiness expects to issue UNCN (token address 0xF12Cbb0B9a0Bcc6Fc6782775f513bEe049516Ac9) for the Philippine and Papua New Guinea asset swap contracts. | |||||||||||||||||||
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** = Sellers provided appraisals were denominated in Philippine peso. TransparentBusiness used a conversation amount ($/Philippine Peso, https://www.oanda.com/currency-converter/en/?from=EUR&to=USD&amount=1) based on the rate on the day the appraisal was made. All transactions that have "Pending Updated Appraisal" in column Seller Provided Appraisal date all had original appraisals completed, but the Sellers want an updated appraisal value & they expect to provde an updated appraisal value to TransparentBusiness, Inc. by July 2026. The amount for $1,025,531 was a Seller-provided valuation based on a bank valuation, not an appraisal conducted by a licensed appraiser. |
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