NOTICE

Subject	Raslag Corp.: Initial Public Offering - Release of Shares under Lock-Up
Company Name	Raslag Corp.

Security Details
Type of Security	Stock Symbol	Par Value
Common Shares	ASLAG	Php 1.00

Reference(s)	LN00162-2022 dated June 2, 2022
Type of Transaction(s)	Initial Public Offering

Lock-up Details
Duration of Lock-up	180 days
Applicable Lock-up Rule	Article III, Part D, Section 2 of the Consolidated Listing and Disclosure Rules, as amended
Escrow Agent	BPI Securities Corporation
Date of Execution of Escrow Agreement	May 19, 2022

Details of the Mandatory Lock-up
Name of Shareholder	No. of Shares	Stock Symbol	Percentage
J Ten Equities, Inc.	852,751,995	ASLAG	56.85
Angeles Power, Inc.	284,625,000	ASLAG	18.98
Peter G. Nepomuceno	400	ASLAG	-
Geromin T. Nepomuceno, Jr.	400	ASLAG	-
Maria Rita Josefina V. Chua	400	ASLAG	-
Robert Gerard B. Nepomuceno	400	ASLAG	-
Arsenio N. Valdes	1	ASLAG	-
Conrado D. Pecjo	1	ASLAG	-
Pedro H. Maniego, Jr.	1	ASLAG	-
Daniel Gabriel M. Montecillo	1	ASLAG	-
Oliver B. Butalid	1	ASLAG	-

Details of the Voluntary Lock-up (if applicable)
Name of Shareholder	No. of Shares	Stock Symbol	Percentage
-	-	-	-

Total Shares to be Released from Lock-up
Stock Symbol	No. of Shares
ASLAG	1,137,378,600

Expiry of Lock-up	Dec 3, 2022
Effective Date of Tradability of the Shares	Dec 5, 2022

Other Relevant Information
As previously announced in LN00162-2022 dated June 2, 2022, in view of Raslag Corp.’s (“ASLAG” or the “Company”) compliance with the lock-up requirement of the Exchange, 1,097,497,600 common shares were subject to a lock-up period of 180 days assuming that the Over-Allotment Option have been exercised. After the stabilization period where the over-allotment was partially exercised, the Company notified the Exchange that 39,881,000 shares held by J Ten Equities, Inc., and which formed part of the Over-Allotment Option, shall likewise be held in escrow and subject to a lock-up of 180 days after listing date. In a letter dated November 21, 2022, BPI Securities Corporation (the “Escrow Agent”) informed the Exchange that the lock-up period for the 1,137,378,600 shares held by the Company’s principal stockholders and directors will end on December 3, 2022. The foregoing is in accordance with the Escrow Agreement executed by the Company, the Escrow Agent and the above-mentioned shareholders on May 19, 2022. In view thereof, the 1,137,378,600 ASLAG common shares that were held in escrow will be eligible for trading on December 5, 2022, subject to the Company’s compliance with the Exchange’s Rule on Lodgment of Securities. For your information and guidance.

Other Relevant Information

As previously announced in LN00162-2022 dated June 2, 2022, in view of Raslag Corp.’s (“ASLAG” or the “Company”) compliance with the lock-up requirement of the Exchange, 1,097,497,600 common shares were subject to a lock-up period of 180 days assuming that the Over-Allotment Option have been exercised.

After the stabilization period where the over-allotment was partially exercised, the Company notified the Exchange that 39,881,000 shares held by J Ten Equities, Inc., and which formed part of the Over-Allotment Option, shall likewise be held in escrow and subject to a lock-up of 180 days after listing date.

In a letter dated November 21, 2022, BPI Securities Corporation (the “Escrow Agent”) informed the Exchange that the lock-up period for the 1,137,378,600 shares held by the Company’s principal stockholders and directors will end on December 3, 2022. The foregoing is in accordance with the Escrow Agreement executed by the Company, the Escrow Agent and the above-mentioned shareholders on May 19, 2022.

In view thereof, the 1,137,378,600 ASLAG common shares that were held in escrow will be eligible for trading on December 5, 2022, subject to the Company’s compliance with the Exchange’s Rule on Lodgment of Securities.

For your information and guidance.

Filed on behalf by:

Name	Norberto Moreno Jr.
Designation	Listings Department