LN00031-2023

NOTICE

Subject Suntrust Resort Holdings, Inc.: Private Placement – Additional Listing
Company Name Suntrust Resort Holdings, Inc.
Security Details
Type of Security Stock Symbol Par Value
Common Shares SUN Php 1.00
Type of Transaction(s) Private Placement
Transaction Ratio (if applicable) -
Transaction Value Php 2,550,000,000.00
Details of the Transaction
Subscriber Consideration Transaction Price Stock Symbol Number of Shares Issued
Fortune Noble Limited Cash Php 1.00 SUN 2,550,000,000
Lock-up Details (if applicable)
Duration of Lock-up 180 days
Applicable Lock-up Rule Article V, Part A, Section 7
Escrow Agent China Banking Corporation through its Trust and Asset Management Group
Date of Execution of Escrow Agreement Jun 16, 2022
Details of the Mandatory Lock-up
Name of Shareholder No. of Shares Stock Symbol Percentage
Fortune Noble Limited 2,550,000,000 SUN 35.17
Details of the Voluntary Lock-up (if applicable)
Name of Shareholder No. of Shares Stock Symbol Percentage
- - - -
Shares to be Listed
Stock Symbol No. of Shares
SUN 2,550,000,000
Tradable Shares
Stock Symbol No. of Shares
- -
Listing Date Feb 23, 2023

Adjustments

Issued Shares (if applicable)
Type of Security / Stock Symbol Before After
SUN 7,250,000,000 7,250,000,000
Outstanding Shares (if applicable)
Type of Security / Stock Symbol Before After
SUN 7,250,000,000 7,250,000,000
Listed Shares
Type of Security / Stock Symbol Before After
SUN 2,000,000,000 4,550,000,000
Other Relevant Information

Suntrust Resort Holdings, Inc.'s (“SUN” or the “Company”, formerly “Suntrust Home Developers, Inc.”) Board of Directors (the “Board”) and stockholders’ approved the subscription by Fortune Noble Limited (“FNL”) to 2,550,000,000 SUN common shares out of the increase in the authorized capital stock of the Company.

As of February 21, 2023, the Company has complied with all the applicable requirements for the listing of the said shares. The number of SUN’s listed common shares will be accordingly adjusted on listing date.

For your information and guidance.

Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department