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)

Jun 22, 2022

2. SEC Identification Number

19073

3. BIR Tax Identification No.

000-288-698-000

4. Exact name of issuer as specified in its charter

First Philippine Holdings Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6th Floor Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City Postal Code 1604

8. Issuer's telephone number, including area code

02-86318024

9. Former name or former address, if changed since last report

N/A

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	487,318,944

11. Indicate the item numbers reported herein

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.

First Philippine Holdings CorporationFPH

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure
Update on the December 7, 2021 disclosure relating to the regulatory assessment by the Laguna Lake Development Authority on FPIP Utilities, Inc.
Background/Description of the Disclosure
Further to the disclosure last December 7, 2021, First Philippine Holdings Corporation has been advised that FPIP Utilities, Inc. (“FUI”), a subsidiary of First Philippine Industrial Park (“FPIP”), has received the final order last 22 June 2022 in relation to the regulatory assessment by the Laguna Lake Development Authority (“LLDA”). A penalty in the amount of Php365,500.00 is being imposed on FUI. Considering that FUI has submitted its Compliance Action Plan and having successfully cleared the resampling done on November 12, 2021, FUI expects that the case will be resolved after payment of the said penalty. FUI will continue to implement improvements in its systems and processes to avoid similar incidents.
Other Relevant Information
N/A