NOTICE

Subject	Italpinas Development Corporation: 45% Stock Dividend – Additional Listing
Company Name	Italpinas Development Corporation

Security Details
Type of Security	Stock Symbol	Par Value
Common Shares	IDC	0.50

Type of Transaction	Stock Dividend
Date of PSE Approval	Jan 11, 2022
Stock Dividend Rate	45%
Ex-Date	Dec 15, 2021
Record Date	Dec 20, 2021
Payment Date	Jan 14, 2022

Fractional Shares
Stock Symbol	No. of Fractional Shares
IDC	8

Treatment of Fractional Shares	In a sworn Corporate Secretary’s Certification dated January 07, 2022, the Company stated that: “There are 195,383,420 shares to be issued as stock dividends and 8 resulting fractional shares to be dropped.”

Details of Shares to be Listed (net of Fractional Shares)
Stock Symbol	No. of Shares
IDC	195,383,420

Fully-Paid and Tradable Shares
Stock Symbol	No. of Shares
IDC	195,383,420

Listing Date	Jan 14, 2022

Adjustments

Issued Shares (if applicable)
Type of Security / Stock Symbol	Before	After
IDC	434,185,375	629,568,795

Outstanding Shares (if applicable)
Type of Security / Stock Symbol	Before	After
IDC	629,568,795	629,568,795

Listed Shares
Type of Security / Stock Symbol	Before	After
IDC	434,185,375	629,568,795

Other Relevant Information
In their respective meetings on September 25, 2020 and January 22, 2021, the Board of Directors and stockholders of Italpinas Development Corporation (“IDC” or the “Company”) approved the increase in the Company’s authorized capital stock (“ACS”) from Php 377,993,600.00 to Php 700,000,000.00 and the declaration of 45% stock dividend. Further, the Securities and Exchange Commission (“SEC”) approved the amendment in the Company’s Articles of Incorporation regarding the increase in the ACS on November 22, 2021. Subsequently, on November 26, 2021, the SEC issued the Order authorizing the issuance of the stock dividend to IDC’s stockholders of record as of December 20, 2021. For further information, please refer to the relevant disclosures of the Company on the following dates: 1. C06836-2020 dated September 30, 2020 2. C00623-2021 dated January 29, 2021 3. C07994-2021 dated November 25, 2021 4. C08136-2021 dated December 3, 2021 5. C08226-2021 dated December 7, 2021 As of January 12, 2022, the Company has complied with all applicable requirements for the listing of the 195,383,420 shares (the “Stock Dividend Shares”) including, among others, the submission of the sworn Corporate Secretary’s Certification dated January 12, 2022 relative to the lodgment of the securities and other relevant information as well as the certification from the Philippine Depository & Trust Corp. (“PDTC”) that the said securities will be made available in the PDTC system on Listing Date. This Notice is being amended to correct the listing date of the stock dividend shares to January 14, 2022. The designated Stock Transfer Agent is hereby authorized to record and register in its books the above number of shares. For your information and guidance.

Other Relevant Information

In their respective meetings on September 25, 2020 and January 22, 2021, the Board of Directors and stockholders of Italpinas Development Corporation (“IDC” or the “Company”) approved the increase in the Company’s authorized capital stock (“ACS”) from Php 377,993,600.00 to Php 700,000,000.00 and the declaration of 45% stock dividend. Further, the Securities and Exchange Commission (“SEC”) approved the amendment in the Company’s Articles of Incorporation regarding the increase in the ACS on November 22, 2021. Subsequently, on November 26, 2021, the SEC issued the Order authorizing the issuance of the stock dividend to IDC’s stockholders of record as of December 20, 2021.

For further information, please refer to the relevant disclosures of the Company on the following dates:

1. C06836-2020 dated September 30, 2020
2. C00623-2021 dated January 29, 2021
3. C07994-2021 dated November 25, 2021
4. C08136-2021 dated December 3, 2021
5. C08226-2021 dated December 7, 2021

As of January 12, 2022, the Company has complied with all applicable requirements for the listing of the 195,383,420 shares (the “Stock Dividend Shares”) including, among others, the submission of the sworn Corporate Secretary’s Certification dated January 12, 2022 relative to the lodgment of the securities and other relevant information as well as the certification from the Philippine Depository & Trust Corp. (“PDTC”) that the said securities will be made available in the PDTC system on Listing Date.

This Notice is being amended to correct the listing date of the stock dividend shares to January 14, 2022.

The designated Stock Transfer Agent is hereby authorized to record and register in its books the above number of shares.

For your information and guidance.

Filed on behalf by:

Name	Norberto Moreno Jr.
Designation	Listings Department