C00699-2025

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)
Feb 6, 2025
2. SEC Identification Number
CS201811119
3. BIR Tax Identification No.
010-061-026-00
4. Exact name of issuer as specified in its charter
FIGARO COFFEE GROUP, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
116 East Main Avenue, Phase V-SEZ Laguna Technopark, Binan Laguna Postal Code 4034
8. Issuer's telephone number, including area code
(632) 8812-1718
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 5,468,455,298
11. Indicate the item numbers reported herein
Item # 9 - N/A

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.

Figaro Coffee Group, Inc.FCG

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification on news article entitled "Figaro selling stake to new investors”" posted on The Philippine Star (online).
Source The Philippine Star (online)
Subject of News Report " Figaro selling stake to new investors””
Date of Publication Feb 6, 2025
Clarification of News Report

This refers to the request of the Exchange received by Figaro Coffee Group, Inc. (“FCG” or the “Company”) today, 06 February 2025, to clarify the news article entitled, “Figaro selling stake to new investors” posted in The Philippine Star (online), which reported in part that:

“MANILA, Philippines — Figaro Coffee Group Inc. is looking to sell a portion of its stake to welcome new investors in the company.

The STAR has learned from sources that the listed holding company has initiated a search process for new investors. Figaro has tapped an investment bank to help in finding potential investors.

A source from the company confirmed that the search process is still ongoing, saying that it is under the initial stage of due diligence. “'There are always interested parties but there is nothing sure at the moment,' Figaro Coffee Group chairman Justin Liu told The STAR. Liu declined to provide further details on the search process, saying that there are non-disclosure agreements in place.

The entry of a new investor in Figaro is expected to support the company’s growth initiatives in the coming years.
. . . .

Late last year, Monde Nissin CEO Henry Soesanto expressed his group’s intention to sell their 15-percent stake in the Figaro Coffee Group. Monde Nissin, acquired in 2023 a 15-percent stake in Figaro Coffee Group for about P820.3 million as part of its foray into the food service business and overall growth strategy in the Philippine market.

Monde Nissin has declined to provide a status on their planned exit in Figaro.

***

The PSE requested for clarification on the information in the above-quoted news article.

With regard to finding new investors as stated in the news article, the Company confirms that, as previously disclosed, it is in search of potential investors to raise additional capital to fund future store openings and expansion, in line with its commitment to pursue sustainable growth, and continue product innovation to deliver enhanced value to its customers and shareholders.

With regard to the planned exit of Monde Nissin Corporation (“MONDE”) from the Company as mentioned in the news article, the Company has no information nor knowledge on this matter. Further, the Company is not in a position to confirm nor clarify the plans of MONDE regarding its investment in the Company.

The Company will provide timely and transparent disclosures in compliance with applicable regulations should there be any material developments on the above matters.

We trust that the Company has clarified the above news article.
Other Relevant Information

Please see attached SEC 17-C for your reference.
Filed on behalf by:
Name Jose Petronio Vicente III Español
Designation Treasurer, Chief Finance Officer, Chief Risk Officer