C01355-2022

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)
Mar 4, 2022
2. SEC Identification Number
CS200716094
3. BIR Tax Identification No.
006-895-049-000
4. Exact name of issuer as specified in its charter
Converge Information and Communications Technology Solutions Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
New Street Building, Mc Arthur Highway, Balibago, Angeles City, Pampanga Postal Code 2009
8. Issuer's telephone number, including area code
(02) 8667-0888
9. Former name or former address, if changed since last report
Not Applicable
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 7,526,294,461
11. Indicate the item numbers reported herein
Item No. 9

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.

Converge Information and Communications Technology Solutions, Inc.CNVRG

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Converge Information and Communications Technology Solutions, Inc. ("Converge") participates in the South-East Asia Hainan-Hongkong Express Cable System

Background/Description of the Disclosure

Converge is a party to a Construction and Maintenance Agreement (the "C&MA"), effective 04 March 2022, for the South-East Asia Hainan-Hongkong Express Cable System (Project SEA-H2X), which defines the terms and conditions upon which Project SEA-H2X will be provided, constructed, operated, maintained, and implemented for the entire duration of the C&MA . The parties to the C&MA are: Converge, CMCC Infrastructure 3 Limited (“CMI”), PP Telecommunication Sdn. Bhd. (“PPTEL”), and China United Network Communications Group Company Limited (“CU”), (Converge, CMI, PPTEL, and CU are collectively referred to as the "Parties").

Project SEA-H2X is intended by the Parties to address the tremendous growth of the telecommunications traffic between South East Asia and Hong Kong by building and implementing a state of the art fiber-optic submarine cable system connecting: Singapore, Thailand, Malaysia, Philippines, Hainan China and Hong Kong SAR.

Other Relevant Information

The coming into force of the C&MA is still subject to certain conditions precedents which include securing certain regulatory consents and approvals. This disclosure will be updated in due course.

Filed on behalf by:
Name Laurice Tuason
Designation Corporate Compliance Officer