C05872-2024

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)
Sep 3, 2024
2. SEC Identification Number
11341
3. BIR Tax Identification No.
000-051-037
4. Exact name of issuer as specified in its charter
BENGUET CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, Universal Re Building, 106 Paseo de Roxas, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
0288121380
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
Convertible Preferred Class A (BCP) 217,061
Common Class A (BC) 375,120,008
Common Class B (BCB) 248,064,121
11. Indicate the item numbers reported herein
Item 9

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.

Benguet CorporationBC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

This amendment is to provide background in relation to the signing of the Amendment to Mortgage Trust Indenture and Deed of Chattel Mortgage with Philippine Veterans Bank.

Benguet Corporation signing of Amendment to Mortgage Trust Indenture and Deed of Chattel Mortgage with Philippine Veterans Bank

Background/Description of the Disclosure

On 22 December 1993, Benguet Corporation ("Company") and Philippine National Bank through its Trust Department ("PNB TBG") acting as Trustee for the creditors, signed the Mortgage Trust Indenture ("MTI") as the security for the loan obligations of the Company under the Restructuring Agreement dated 20 December 1993. Pursuant to the MTI, the remaining creditors of the Company representing 82% of the total principal outstanding loans have decided upon the substitution of PNB TBG as Trustee, and appointing Philippine Veterans Bank ("PVB") as Sucessor Trustee. The signing of the Amendment of the MTI between the Company and PVB was held today, September 3, 2024.

The Company hereby discloses that today, September 3, 2024, it signed an Amendment to Mortgage Trust Indenture and Deed of Chattel Mortgage with Philippine Veterans Bank which replaced Philippine National Bank as Trustee in connection with Mortgage Trust Indenture dated 22 December 1993 and Restructuring Agreement dated 20 December 1993.

Other Relevant Information

Please see attached disclosure under SEC Form 17-C.

Filed on behalf by:
Name Reynaldo Mendoza
Designation Executive Vice President/ Asst. Corporate Secretary