C06918-2021

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.

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 Third 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 September 30, 2021, the remaining balance of proceeds from DDMPR IPO amounts to Six Billion Seven Hundred Sixty-Eight Million Four Hundred Forty-Six Thousand Four Hundred Twenty-Four Pesos and Eighty-Eight Centavos (Php 6,768,446,424.88).

Out of the Php 6,839,449,419.10 balance as of June 30, 2021, Php 71,002,994.22 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: Jollibee Tower
Date of Disbursement: July 9, 2021
Amount: Php 29,500,000.00

Project Name: Jollibee Tower
Date of Disbursement: September 15, 2021
Amount: Php 41,502,994.22

Total: Php 71,002,994.22
Description of Real Estate Assets and/or Infrastructure Projects for the Period

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

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Filed on behalf by:
Name Jose Roelph Desales
Designation Investor Relations Head