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)

Aug 14, 2024

2. SEC Identification Number

CS200716094

3. BIR Tax Identification No.

006-895-049-000

4. Exact name of issuer as specified in its charter

Converge Information and Communications Technology Solutions, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

New Street Building, Mc Arthur Highway, Balibago, Angeles City, Pampanga Postal Code 2009

8. Issuer's telephone number, including area code

(02) 8667-0888

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	7,266,573,061
Fixed Rate Bonds	10,000,000,000

11. Indicate the item numbers reported herein

Item 9. Other events

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.

Converge Information and Communications Technology Solutions, Inc.CNVRG

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
1H2024 CONSOLIDATED RESIDENTIAL NET ADDS REACHED 223,751 – HIGHER BY 142% VS 1H2023 AND REPRESENTING ALMOST 90% OF TOTAL NET ADDS IN FY2023. SUSTAINED INDUSTRY-LEADING FINANCIAL TRIFECTA; CONSOLIDATED REVENUE GROWTH FOR 1H2024 AT 12.4% YOY; EBITDA MARGIN ENDED AT 60.9% AND ROIC AT 17.3%
Background/Description of the Disclosure
1H2024 Key Highlights ● Converge registered consolidated revenues of P19.5Bn for 1H2024, higher by 12.4% from the same period last year ● 1H2024 Residential revenues grew to P16.6Bn or 11.8% YoY growth ● Enterprise revenues reached P2.9Bn in 1H2024, a growth of 16.0% YoY ● EBITDA grew 18.3% to P11.9Bn with margin ending at 60.9% for 1H2024 ● 1H2024 net income after tax increased by 23.6% from last year to reach P5.3 Bn representing net income margin of 27.1% ● Consolidated residential net additions for the quarter reached a total of 223,751 (fiber-only net adds reached 236,951) ● Maintained industry-leading ROIC at 17.3% for 1H2024
Other Relevant Information
Please see attached full Press Release.