C07375-2025

Ex-Date : Oct 09, 2025

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Oct 21, 2025

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503-000

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

02 8371-1111

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES	1,549,999,999

11. Indicate the item numbers reported herein

Item 9: Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

SBS Philippines CorporationSBS

PSE Disclosure Form 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Declaration of stock dividends by SBS Philippines Corporation

Background/Description of the Disclosure

The Board of Directors has approved on March 20, 2023 the declaration of stock dividend equivalent to 22% of the Company's outstanding capital stock, amounting to approximately 341,000,000 common shares with par value of Php 341,000,000.00. The stock dividends declared will be issued following the increase in the authorized capital stock.
On July 3, 2023, the Stockholders approved the declaration of stock dividend during the Annual Stockholders' Meeting.
On September 29, 2025, the Company has received the SEC’s approval on the Increase in Authorized Capital Stock and issued a Certificate of Increase dated September 23, 2025.
On October 6, 2025, the Company received the SEC Order authorizing the issuance of 341,000,000 shares on the par value of P1.00 per share or Php341,000,000.00 to cover the stock dividends declared on March 20,2023 by its Board of Directors and ratified by the corporation’s stockholders representing at least 2/3 of the outstanding capital stock on July 3, 2023 and the issuance of shares of stocks to stockholders of record as of October 10, 2025.
The payment date has been set on October 22, 2025.

Note: The issuance of the stock dividends is an exempt transaction under Section 10.1(d) of the Securities Regulation Code, as amended and do not require any written confirmation of exemption from the SEC.

Type of Securities

• Common
• Preferred-
• Others-

Stock Dividend

Date of Approval by Board of Directors	Mar 20, 2023
Date of Approval by Stockholders	Jul 3, 2023
Other Relevant Regulatory Agency, if applicable	n/a
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	Oct 6, 2025
Stock Dividend Rate	22% stock dividend rate

Source of Dividend Payment

Unrestricted retained earnings as of December 31, 2022.

Source of Shares for Distribution	To be taken from the unissued capital stock Number of Shares to be Issued : - To be taken from an increase in authorized capital stock From: 1,550,000,000 To:2,750,000,000 Number of Shares to be Issued : - Others: - Number of Shares to be Issued : -
Record Date	Oct 10, 2025
Payment Date	Nov 5, 2025

Other Relevant Information

Pending compliance with regulatory requirements, the payment date, which was originally scheduled for October 22, 2025, has been rescheduled to November 5, 2025 to allow sufficient time to process the necessary regulatory procedures.

Filed on behalf by:

Name	CHRISTINE BASE
Designation	CORPORATE SECRETARY