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)

Dec 11, 2024

2. SEC Identification Number

154675

3. BIR Tax Identification No.

948-229-000

4. Exact name of issuer as specified in its charter

CEBU

5. Province, country or other jurisdiction of incorporation

Cebu City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Basement 2 - R 01 - 02, Robinsons Galleria Cebu, General Maxilom corner S. Osmena Boulevard, Barangay Tejera, Cebu City Postal Code 6000 Postal Code 6000

8. Issuer's telephone number, including area code

09988402511

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	624,404,133
Convertible Preferred	309,471,601

11. Indicate the item numbers reported herein

10

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.

Cebu Air, Inc.CEB

PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure
Cebu Air, Inc. ("CEB") Share Buyback Transactions
Background/Description of the Disclosure
CEB's share buyback on 11 December 2024.

Type of Securities

• Common
• PreferredN/A
• OthersN/A

Details of Share Buy-Back Transaction(s)

Date of Transaction	Number of Shares Purchased	Price Per Share
Dec 11, 2024	3,000	28.90
Dec 11, 2024	62,000	29.00
	65,000

Effects on Number of Shares

	Before	After
Outstanding Shares	624,402,133	624,337,133
Treasury Shares	12,953,850	13,018,850

Cumulative Number of Shares Purchased to Date 1	99,000
Total Amount Appropriated for the Buy-Back Program	Php 2,000,000,000
Total Amount of Shares Repurchased	Php 2,898,320.00

Other Relevant Information

The Company has secured a new allotment of Php2,000,000,000.00 under the recently approved buyback program as approved by the board last November 13, 2024. Consequently, shares acquired under the previous buyback program is excluded from this calculation. As a result of buyback made on 11 December 2024, the remaining balance of the amount for the buyback as of this date is Php 1,997,101,680. This amendment has been made to include the attachment as stated in Section 17-C. Thank you.

¹ From the date when the share buy-back program commenced.