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)

Nov 7, 2024

2. SEC Identification Number

0000086335

3. BIR Tax Identification No.

000-417-352-000

4. Exact name of issuer as specified in its charter

Monde Nissin Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Feix Reyes Street, Barangay Balibago, City of Santa Rosa, Laguna Postal Code 4026

8. Issuer's telephone number, including area code

+63277597595

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	17,968,611,496

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.

Monde Nissin CorporationMONDE

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
Monde Nissin Reports First Nine Months 2024 Core Net Income Growth of 30.9% to Php 7.5 bn; Announces December Dividends
Background/Description of the Disclosure
Press Release titled "Monde Nissin reports first nine months 2024 core net income growth of 30.9% to Php 7.5 bn and announces dividend" • Consolidated comparable revenue grew 3.2% in the first nine months of 2024 to Php 61.1 bn and 3.4% in Q3 to Php 21.0 bn. • Gross margin in the first nine months improved by 425 bps year-on-year on a comparable1 basis to 34.9%, driven mainly by APAC BFB gross margin improvement of 507 bps year-on-year due to lower commodity costs and pricing. Meat Alternative gross margin improved by 103 bps year-on-year in Q3 to 21.2%, positively impacted by lower raw materials and utilities costs. • APAC BFB gross margin in Q3 improved by 173 bps sequentially due to improved manufacturing overhead efficiencies, lower commodity costs, and favorable mix. • APAC BFB core EBITDA grew by 14.2% to Php 4.0 bn in Q3; Meat alternative core EBITDA was at Php 7 mn in Q3 due to lower operating expenses, aided by restructuring benefits. • Core net income attributable to shareholders in the first nine months increased by 31.0% to Php 7.5 bn due to record APAC BFB core net income of Php 8.1 bn. • Reported net income for the first nine months increased by 5.0% to Php 6.1 bn, while it declined by 13.8% to Php 2.0 bn in Q3 due mainly to an impairment loss and restructuring costs in the Meat alternative business, and foreign exchange loss, partially offset by a non-cash accounting gain of Php 495 mn on the fair value of Meat Alternative guaranty asset. • Core EPS for the first nine months was Php 0.415 (Php 0.317 in 2023) and EPS was Php 0.338. • David Flochel will assume the CEO role of the Meat Alternative business at Marlow Foods, Inc. with effect from January 1, 2025, as it undergoes a restructuring and business transformation. • The Board of Directors approved on November 6, 2024, the Company’s declaration of cash dividends of Php 0.14 per common share, with December 2, 2024 as the record date and December 27, 2024 as the payment date.
Other Relevant Information
The full text of the Press Release is attached. Also attached is the corresponding SEC Form 17C for this disclosure.