C08295-2022

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)
Nov 8, 2022
2. SEC Identification Number
77487
3. BIR Tax Identification No.
000-388-771
4. Exact name of issuer as specified in its charter
JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10/F JOLLIBEE PLAZA BUILDING, 10 F. ORTIGAS JR. AVENUE, ORTIGAS CENTER, PASIG CITY Postal Code 1605
8. Issuer's telephone number, including area code
(632) 8634-1111
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 Shares 1,118,722,183
Treasury Shares 16,447,340
Preferred Shares (JFCPA) 3,000,000
Preferred Shares (JFCPB) 9,000,000
11. Indicate the item numbers reported herein
-

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.

Jollibee Foods CorporationJFC

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

JFC to Discontinue Dunkin’ Business in Beijing

Background/Description of the Disclosure

Metro Manila, Philippines, November 8, 2022 – Jollibee Foods Corporation (PSE: JFC) – Company Announcement

Jollibee Worldwide Pte, Ltd., a wholly owned subsidiary of Jollibee Foods Corporation and Jasmine Asset Holdings, Ltd., an entity organized in Hong Kong, the owners of Golden Cup Pte. Ltd., an entity organized in Singapore, and Dunkin' Donuts Franchising LLC, a Delaware limited company, have announced the termination of the Master Franchise Agreement (MFA) for Dunkin' which covers certain territories in the Chinese mainland, Hong Kong and Macau.

The parties disclosed that the operations of Beijing Golden Cup Corporation, which operates seven Dunkin' restaurants in Beijing, has been terminated as well.

The Master Franchise Agreement on Dunkin' was entered into on January 5, 2015 between Golden Cup Pte, Ltd. and Dunkin' Donuts Franchising LLC covering certain business territories in the Chinese mainland, Hong Kong and Macau.

Jollibee Foods Corporation will focus on building its business in China through its larger businesses there, Yonghe King (418 stores), Hong Zhuang Yuan (55 stores) and Tim Ho Wan (13 stores) for a total of 486 stores in China as at September 30, 2022. JFC also has 21 Jollibee stores in Hong Kong and 3 Jollibee stores in Macau. It looks forward to building a significant business in the Chinese mainland, Hong Kong and Macau.

Dunkin', which operates more than 2,100 restaurants in the Asia-Pacific region, plans to continue expanding its footprint across China and the broader region through franchising.

Jollibee Foods Corporation is one of Asia's largest restaurant companies. At the end of September 30, 2022, JFC was operating 6,351 stores worldwide: 3,238 in the Philippines and 3,113 in international: 486 in China, 385 in North America, 319 in EMEAA, 592 with SuperFoods mainly in Vietnam, 1,053 with CBTL and 278 with Milksha. Its largest brands by store outlets worldwide are Jollibee with 1,552, CBTL 1,053, Chowking 612, Mang Inasal 574 and Highlands Coffee 562.

Other Relevant Information

Please see attachment.

Filed on behalf by:
Name VALERIE AMANTE
Designation VICE-PRESIDENT