C07155-2024

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)
Nov 11, 2024
2. SEC Identification Number
CS201320778
3. BIR Tax Identification No.
008-647-589
4. Exact name of issuer as specified in its charter
CENTURY PACIFIC FOOD, INC.
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F CENTERPOINT BUILDING, JULIA VARGAS AVENUE CORNER GARNET ROAD, ORTIGAS CENTER, PASIG CITY Postal Code 1605
8. Issuer's telephone number, including area code
(632) 8633-8555
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 3,542,258,595
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.

Century Pacific Food, Inc.CNPF

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

Century Pacific Appoints New Distributor in China

Background/Description of the Disclosure

Century Pacific Food, Inc. (PSE:CNPF), one of the leading food companies in the Philippines, announced the appointment of a new distributor in China, Shanghai Ikai International Trading Co., to directly cover the market and strengthen the company’s presence in the region.

Shanghai Ikai is an omni-channel distribution company, with capabilities in online, offline, and food service channels.

Greg Banzon, Executive Vice President and Chief Operating Officer of CNPF, stated, “We are pleased to be working with our partner distributor, Shanghai Ikai. Their expertise and omni-channel focus are clear strengths that we believe can be leveraged to efficiently enhance our market coverage in Eastern China. This aligns with our strategy to optimize operations and leverage local market expertise to accelerate growth in China. Moving forward, we plan to use the same success model to scale up our presence in other parts of the country.”

As a result of the appointment of a new distributor, CNPF will be transitioning from directly servicing its customers via its China-based entities to a full distributorship model with Shanghai Ikai. In relation to the transition, CNPF’s Board of Directors approved the dissolution of CNPF subsidiaries related to the distribution of its products in China namely, Century International Company, Ltd. (CIC) and Century (Shanghai) Trading Company Limited (CST). The dissolution of CST and CIC has been completed.

In 2023, CNPF's exports business in China contributed less than half a percent to the Company's audited revenues and profits.

Other Relevant Information

The dissolution of CST and CIC has been completed.

Refer to attachment.

Filed on behalf by:
Name Richard Kristoffer Manapat
Designation Chief Information Officer