C00212-2022

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.

Cebu Air, Inc.CEB

PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Progress Report on the Application of Proceeds on the Convertible Preferred Shares Stock Rights Offering of Cebu Air, Inc. (‘CEB”) for the period of 01 November 2021 upto 30 November 2021.

Background/Description of the Disclosure

We are submitting this report on the application of proceeds on the Convertible Preferred Shares Stock Rights Offering of Cebu Air, Inc. for the period of 01 November 2021 upto 30 November 2021, in compliance with the Exchange’s Notice of Approval dated 21 January 2021.

Other Relevant Information

This is an amendment of the report dated 10 December 2021, to account for the corrected balances in line with the amendment made on the 8 November 2021 report. Kindly refer to the attached report, as amended, to account for the revisions.

Filed on behalf by:
Name Anne Romadine Tieng
Designation Vice-President, Legal Affairs