<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
normal"><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif;">We
are pleased to inform you that we have known Mr. CARLOS ELIAS FERNANDEZ ORTIZ
for 7 years and that he holds the position of COLLECTIONS MANAGER in our
institution,&nbsp;</span><span style="font-size: 13pt;">ASOCIACION
COLEGIO AMERICANO DE GUAYAQUIL</span><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif;">, dedicated to elementary and middle education since
1943.<o:p></o:p></span></p>

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
normal"><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif;">During
the year 2021, Mr. CARLOS ELIAS FERNANDEZ ORTIZ's income was US $19,800.00, in
2022 it was US $20,850.00, and as of June of the current year, it has been US
$12,180.00.<o:p></o:p></span></p>

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
normal"><span style="font-size: 10.5pt; font-family: Helvetica, sans-serif;">Please,
do not hesitate to contact us if we can be of further assistance.<o:p></o:p></span></p>       
                