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 10, 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

Not Applicable

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

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 4-30 - 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
Approval of the Dividend Policy of Converge Information and Communications Technology Solutions, Inc. (the "Company")
Background/Description of the Disclosure
The Board of Directors, at its regular meeting held today, September 10, 2024, approved and adopted the Company's Dividend Policy. The Dividend Policy is aimed at maintaining a dividend payment ratio for all outstanding common shares of the Company of approximately 25% to 30% of its net income based on the latest audited financial statements net income, subject to the requirements of the applicable laws and regulations and the absence of circumstances which may restrict the payment of such dividends as may be determined by management and approved by the Board of Directors; Unless otherwise required by law, the Board of Directors, has sole discretion to determine the amount, type and date of payment of the dividends to the shareholders, taking into account various factors, including, but not limited to: the level of earnings, cash flow, return on equity and retained earnings, results for and financial condition in a given period in respect of which the dividend is to be paid, expected financial performance, projected levels of capital expenditures and other investment programs, restrictions on payments of dividends that may be imposed on the Company by any current or future financing arrangements and current or prospective debt service requirements, and such other factors as the Board of Directors deems appropriate; The Board of Directors may, at any time, modify this dividend policy, including the dividend payout.
Other Relevant Information
Please see attached SEC Form 17-C.