INTERNATIONAL BUSINESS ACADEMY, SOCIEDAD ANONIMA

ENGLISH & SPANISH LANG PRG 2ND OPYR UNDER BPA 72052022A00001 THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE UNUSED FUNDS ON THIS BPA CALL PER PHOENIX REPORT 1311. THE DE-OBLIGATED AMOUNTS PER ACCOUNTING LINE IS AS FOLLOWS: LINE 1: $33,696

ENGLISH & SPANISH LANGUAGE PROGRAM. DE-OBLIGATION OF FUNDS IN THE AMOUNT OF $43,685.70 AS PER PHOENIX REPORT 1311.

ENGLISH & SPANISH LANGUAGE PROGRAM. DE-OBLIGATION OF FUNDS IN THE AMOUNT OF $727.76 AS FOLLOWS: - ACCOUNTING LINE NO. 12 ($50.82) - ACCOUNTING LINE NO. 16 ($676.94)

ENGLISH & SPANISH LANGUAGE PROGRAM. REMOVE IVAN PEREZ AND AXEL FLORES AND ADD ANDREA GRAMAJO AS ACTIVITY MANAGER, AND MARIELA JEREZ AND SHARON IMERI AS ALTERNATE ACTIVITY MANAGERS.

ENGLISH & SPANISH LANG PRG 2ND OPYR UNDER BPA 72052022A00001

ENGLISH & SPANISH LANGUAGE PROGRAM 1ST.OPTION YR 10/01/2023 TO 09/30/2024 TEC INCREASE $65,076.93

SPANISH LANGUAGE TRAINING SERVICES. DE-OBLIGATE UNUSED FUNDS IN THE AMOUNT OF $23,135.92 ACCORDING TO OBLIGATION LIQUIDATION REPORT

ENGLISH CLASSES. DE-OBLIGATE UNUSED FUNDS IN THE AMOUNT OF $688.09. LINE 22 (3.07) LINE 23 (685.02)

ENGLISH & SPANISH LANGUAGE PROGRAM FROM 10/03/2022 TO 09/30/2023 TO ADD NEW PARTICIPANTS AND TEC INCREASE $3,114.32

ENGLISH & SPANISH LANGUAGE PROGRAM FROM 10/03/2022 TO 09/30/2023

THE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO DE-OBLIGATE UNUSED FUNDS IN THE AMOUNT OF $10,433.16. TOTAL AMOUNT OBLIGATED: $74,626.21 TOTAL AMOUNT DISBURSED: $57,180.26 TOTAL AMOUNT DE-OBLIGATED: $10,433.16