C02552-2021

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DoubleDragon Properties Corp.DD

PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS

Subject of the Disclosure

Use of Proceeds generated from the Initial Public Offering (IPO) of DDMP REIT, Inc. ("DDMPR")
Background/Description of the Disclosure

Progress Report on the Application of Proceeds for the First Quarter of 2021, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the IPO of DDMPR.
Update or Status of the Reinvestment Plan

As of March 31, 2021, the remaining balance of proceeds from DDMPR IPO amounts to Eight Billion Seventy-Two Million Four Hundred Thirty-One Thousand Four Hundred Eighty-Two Pesos and Sixty-One Centavos (Php8,072,431,482.61).

Out of the P10,295,373,645.00 proceeds from the IPO, P935,943,059.25 was disbursed for price stabilization activities, P346,526,083.78 was disbursed for IPO expenses and P940,473,019.36 was disbursed for real estate transactions.
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period

The following disbursements were made:

Project Name: Robinsons DoubleDragon Square
Date of Disbursement: March 31, 2021
Amount: Php 336,527,662.59

Project Name: Jollibee Tower
Date of Disbursement: March 31, 2021
Amount: Php 603,945,356.77

Total: Php 940,473,019.36
Description of Real Estate Assets and/or Infrastructure Projects for the Period

Robinsons DoubleDragon Square is a joint venture office project with Robinsons Land Corp. located in Bridgetowne Libis Quezon City.

Jollibee Tower is a Grade A 41-storey commercial and office tower situated in the heart of the Ortigas central business district in Metro Manila.
Other Relevant Information

Amended the report to include Annex
Filed on behalf by:
Name Jose Roelph Desales
Designation Investor Relations Head