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)

May 23, 2024

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code -

8. Issuer's telephone number, including area code

(02) 8371-1111

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

-

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	1,549,999,999

11. Indicate the item numbers reported herein

Item 9: Other items

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of Cash Dividends
Background/Description of the Disclosure
We wish to inform you that the Board of Directors of SBS Philippines Corporation (the “Corporation”) approved today, May 23, 2024, the following: Declaration of Cash Dividends The declaration of cash dividend equivalent to 0.0055 per common share for a total of approximately 8,525,000.00 to stockholders of record as of June 07, 2024 Payment date has been set to June 21,2024. Financing support to SBS Holdings and Enterprise Corporation The Board of Directors approved to provide financing support amounting to PHP305 Million to its subsidiary, SBS Holdings and Enterprise Corporation.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	May 23, 2024
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	regular
Amount of Cash Dividend Per Share	PHP 0.0055
Record Date	Jun 7, 2024
Payment Date	Jun 21, 2024

Source of Dividend Payment
Percentage of 2023 Distributable Income
Other Relevant Information
please see attached