C04026-2024

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 18, 2024
2. SEC Identification Number
CS201524712
3. BIR Tax Identification No.
009 - 192 – 878
4. Exact name of issuer as specified in its charter
WILCON DEPOT, INC.
5. Province, country or other jurisdiction of incorporation
QUEZON CITY, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
90 E. RODRIGUEZ JR. AVENUE, UGONG NORTE, QUEZON CITY Postal Code 1110
8. Issuer's telephone number, including area code
(02) 86348387
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 4,099,724,116
11. Indicate the item numbers reported herein
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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.

Wilcon Depot, Inc.WLCON

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of news article posted in BusinessWorld (Online Edition) on June 18, 2024

Source BusinessWorld (Online Edition)
Subject of News Report "Wilcon Depot sets P2.2-B capex to expand store network”
Date of Publication Jun 18, 2024
Clarification of News Report

This refers to your request for clarification and/or confirmation to the news article entitled “Wilcon Depot sets P2.2-B capex to expand store network” posted in BusinessWorld (Online Edition) on June 18, 2024, it was reported in part that:

“WILCON Depot, Inc., a publicly listed retailer specializing in home improvement and construction supplies, has set aside a capital expenditure (capex) budget of up to P2.2 billion for this year.

This allocation comes as the company moves closer to achieving its goal of opening 100 stores, Wilcon Depot Vice-President for Investor Relations Mary Jean G. Alger said during a virtual press conference on Monday.

. . . .

Meanwhile, Wilcon President and Chief Executive Officer Lorraine Belo-Cincochan said the company is exploring opportunities to expand internationally.

‘There are many possibilities. It might be in Southeast Asia or in Asia, particularly where it’s closer logistically,’ she said.
‘This is something we study. This is something we discuss and, ultimately, we do want to plan for it if ever. It’s not yet in the immediate future,’ she added.

. . . .”

We confirm the aforesaid statement of Ms. Mary Jean G, Alger. As published in the company’s WLCON Twelve Months and Fourth Quarter 2023 Investors’ and Anaylsts’ Briefing presentation (https://investor.wilcon.com.ph/presentations/) the company has allocated P2.2-B capex budget for FY 2024 for the construction of new stores and warehouses, stores, head offices and warehouse, furniture and equipment, renovation and repairs, IT infrastructures and software.

As to the statement of Wilcon President and Chief Executive Officer Lorraine Belo – Cincochan that the company is exploring opportunities to expand internationally. This was a response to a question but as explained there are internal discussions but it is not yet in the immediate future and that the company shall apprise the public accordingly.

We trust that the company has addressed your request for clarification.

Other Relevant Information

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Filed on behalf by:
Name SHEILA PASICOLAN - CAMERINO
Designation Compliance Officer