COVER SHEET - 2Go

Section 6 of the Corporation Code with respect to which holders of non-voting shares shall
nevertheless be entitled to vote, i.e.:
(1) Amendment of the articles of incorporation;
(2) Adoption and amendment of by-laws;
(3) Sale, lease, exchange, mortgage, pledge or other disposition of all or substantially
all of the corporate property;
(4) Incurring, creating or increasing bonded indebtedness;
(5) Increase or decrease of capital stock;
(6) Merger or consolidation of the corporation with another corporation or other
corporations;
(7) Investment of corporate funds in another corporation or business in accordance
with this Code; and
(8) Dissolution of the corporation.
Accordingly, during the annual stockholders’ meeting, holders of both common and redeemable
preferred shares shall each be entitled to vote with respect to the following:
a) Approval of the amendment to the First Article of the Articles of Incorporation of ATS,
to change the corporate name “Aboitiz Transport System (ATSC) Corporation” to
“ATS Consolidated (ATSC), Inc.”;
b) Approval of the amendment to the Second Article of the Articles of Incorporation of
ATS, to include the following purpose:
(i) To conduct the business of rendering technical services requirement to
customers nationwide for refrigerated marine container vans and related
equipments or accessories including but not limited to repair and
maintenance, equipment rental and leasing, technical consultancy and
training, selling of spare parts, components and accessories, service
contracting and to act as service agent on behalf of the various domestic and
foreign container manufacturer with services but not limited to performing
warranty and non-warranty repair services, selling of service parts,
components and accessories, and consultancy services; and
(ii) To conduct and transact any and all lawful business, and to do or cause to be
done any one or more of the acts and things herein set forth as its purposes,
within or without the Philippines, and in any and all foreign countries, and to do
everything necessary, desirable or incidental to the accomplishment of the
purposes or the exercise of any one of more of the powers herein enumerated,
or which shall at any time appear conducive to or expedient for the protection
or benefit of this corporation
c) Approval of the amendment to the Sixth Article of the Articles of Incorporation of ATS,
to increase the number of directors from nine (9) to thirteen (13);
d) Approval of the amendment of Section 2, Article III of the Company’s By-Laws, to
increase the number of directors from nine (9) to thirteen (13);
(2) The record date for determining stockholders entitled to notice and to vote during the annual
stockholders meeting and also to this information statement is May 20, 2011.
(3) At each election for directors, every common stockholder shall have the right to vote, in person or
by proxy, the number of shares owned by him for as many persons as there are directors to be
elected, or to cumulate his vote by giving one candidate as many votes as the number of such
directors multiplied by the number of shares shall equal, or by distributing such votes on the same
principle among any number of candidates.
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