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 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of Cash Dividends of PhP 0.065 per Common Share of the Outstanding Capital Stock of the Corporation
Background/Description of the Disclosure
The Board of Directors approved today the declaration of a 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 regular cash dividend declared is consistent with the SBS dividend policy of distributing approximately twenty percent (20%) of the prior year's net income after tax based on the Company's audited financial statements as of December 31, 2024. The one-time, special cash dividend, on the other hand, is being made in connection with the gains realized from the divestment of its 65% shareholding interest in its former -subsidiary, Lence Holdings Corporation, in 2021, which netted gross revenues of P588.7 million. Due to the uncertainty brought about by the Covid-19 pandemic then, the Company took a cautious approach, prioritized additional liquidity, and postponed the distribution to the shareholders of part of the divestment gains by way of special dividends. As general business conditions have rebounded and the Company's capital management is at an optimal gearing level, Management deems it proper to share some of the returns of its diversification strategy into property-related investments to its shareholders. The cash dividends represent approximately 9% payout from the Company's total unrestricted retained earnings as of December 31, 2024. For certificated shareholders, the checks for dividend payments shall be delivered via courier to shareholders' registered address. For scripless shareholders, dividend payments will be coursed through PCD through respective brokers.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	Feb 25, 2025
Other Relevant Regulatory Agency, if applicable	n/a
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	special
Amount of Cash Dividend Per Share	PhP 0.06
Record Date	Mar 12, 2025
Payment Date	Mar 25, 2025

Source of Dividend Payment
2024 Unrestricted Retained Earnings
Other Relevant Information
none