C01137-2025

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 25, 2025
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
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 Shares 1,549,999,999
11. Indicate the item numbers reported herein
Item No. 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.

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 Approvals
Background/Description of the Disclosure

We wish to inform you that the Board of Directors of SBS Philippines Corporation (the “Corporation”) approved today, February 25, 2025, the following:

1. Approval of the Minutes of the Previous Meeting held on December 17, 2024;
2. Approval and public release of the 2024 Statutory Audited Financial Statements of SBS Philippines Corporation (Stand Alone);
3. Approval and public release of the 2024 Consolidated Annual Financial Statements of SBS Philippines Corporation and its subsidiaries;
4. Approval and public release of the 2024 Annual Report (SEC-17 A) and MDA;
5. Approval of the 2024 Sustainability Report;
6. Ratification of Non-Material Related Party Transactions for the 12-month period ended December 31, 2024;
7. Ratification of Actions, Decisions, and Resolutions of the Executive Committee for January-February 2025;
8. Revised Whistleblowing Policy;
9. Revised Related Party Transaction Policy;
10. Revised Charter of the Finance and Investment Committee of the Board;
11. Cash Dividend Declaration and Press Release
¿ Declaration of regular cash dividend of PhP 0.005 per share and
¿ Supplemental or one-time, special cash dividend of PhP 0.06 per share,
¿ For a total cash dividend of PhP 0.065 per share,
¿ To all stockholders of record as of March 12, 2025.
¿ The payment will be made on March 25, 2025.
¿ The aggregate amount of the payment to be made in connection with these cash dividends is PhP 100.75 million

The Board of Directors also approved today the setting of the date, venue, agenda, and the record date for the 2025 Annual Stockholders’ Meeting of the Corporation

12. Setting of Date, Venue, Agenda, and Record Date for the 2025 ASM

Date and time : June 27, 2025 at 3:00 PM
Venue : Dasmarinas Hall, Makati Sports Club Gallardo Streets, Salcedo Village, L.P. Leviste Street, Makati
Record Date : May 5, 2025
Book Closure Date : May 6, 2025 to June 27, 2025

Agenda:
1. Call to Order
2. Proof of notice, determination of quorum
3. Rules of conduct and procedures
4. Approval of the minutes of the previous Annual Stockholders’ Meeting held on 05 June 2024
5. Presentation of the 2024 Annual Report of the management to the stockholders and approval of the 2024 Audited Consolidated Financial Statements of the Company and its subsidiary
6. Ratification of all acts and resolutions of the Board of Directors and Management since the last meeting of the stockholders
7. Appointment of independent auditors
8. Election of directors
9. As a special business
a. Ratification of the additional investment of funds & share subscription in associate companies
10. Consideration of such other business as may properly come before the meeting
11. Adjournment
Other Relevant Information

-
Filed on behalf by:
Name CHRISTINE BASE
Designation CORPORATE SECRETARY