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 17, 2024

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code -

8. Issuer's telephone number, including area code

02-8371-1111

9. Former name or former address, if changed since last report

-

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 Stock:	1,549,999,999

11. Indicate the item numbers reported herein

Item No. 9 Other matters

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.

SBS Philippines CorporationSBS

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
Board Approval
Background/Description of the Disclosure
We wish to inform you that SBS Philippines Corporation (the “Corporation”) approved today, December 17, 2024 the following: 1. Subscription in the amount of up to One Hundred Ninety-Two Million Twenty-Seven Thousand Pesos (PHP192,027,000.00) to Milia Holdings Corporation; 2.The lease of an industrial lot from I-Care Holdings Corporation for a term of twenty (20) years; 3.Acquisition of warehouse facilities from Anase Holdings, Corp. amounting to Fifty-Four Million Five Hundred Eight Thousand Pesos (PHP54, 508,000.00), exclusive of VAT; 4.Approval of the Revised Charter of the Board; 5.Approval of the Revised Charter of the Audit & Risk Oversight Committee; 6.Approval of the Revised Charter of the Related Party Transaction Committee; and 7.Approval of the Revised Charter of the Nomination and Remuneration Committee.
Other Relevant Information
please see attached