C01360-2025

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)
Mar 4, 2025
2. SEC Identification Number
ASO95002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
DACON BLDG. 2281 CHINO ROCES AVENUE, MAKATI CITY Postal Code 1231
8. Issuer's telephone number, including area code
(632) 88883000
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 13,277,470,000
PREFERRED CLASS A 960
PREFERRED CLASS B 10,000,000
11. Indicate the item numbers reported herein
ITEM NO. 9

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.

DMCI Holdings, Inc.DMC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

DMCI Mining and NAC announce strategic collaboration for nickel processing plant study
Background/Description of the Disclosure

Emerging nickel producer DMCI Mining Corporation (“DMCI Mining”) and listed natural resources development firm Nickel Asia Corporation (“NAC”) signed a Memorandum of Understanding (MOU) in March 4, 2025, to explore the feasibility of developing and operating a nickel processing plant in the Philippines.

This collaboration combines the resources, technical expertise, and mining assets of both companies to strengthen the country’s nickel processing capabilities.

“After extensive discussions, we are now ready to move forward with this strategic initiative. This project is more than just a business—it’s a step toward creating jobs and ensuring the sustainable use of our mineral resources. By laying the groundwork early, we can help position the Philippines as a key player in the global nickel supply chain,” said Tulsi Das C. Reyes, President of DMCI Mining.

“Despite the current oversupply of nickel globally, we remain confident in the sector's bright future, driven by the growing demand from the electric vehicle and stainless-steel markets. Establishing an economically viable nickel processing plant in the Philippines requires several factors to align, including clear government policy directions and regulations, but proactive preparation is crucial. With the significant nickel resources needed and complex logistical challenges to navigate, early planning is essential for long-term success,” said Martin Antonio G. Zamora, President and CEO of NAC.

Under the MOU, NAC will contribute its expertise in nickel processing technology and exploration, while DMCI Mining will provide new assets, along with its strength in construction and engineering.

Over the next two to three years, both companies will collaborate to identify the suitable technology, select an optimal site for the plant, and secure a steady supply of nickel ore through joint exploration, subject to approval of necessary permits.

The parties also agreed to discuss the equity structure of a potential joint entity for the plant’s development and operation.
The planned facility aims to process low-grade nickel ore that is currently not viable for export, maximizing the country’s mineral resources, generating new opportunities and boosting the local nickel industry.



About DMCI Mining Corporation

DMCI Mining Corporation (DMCI Mining), a wholly owned subsidiary of DMCI Holdings, Inc., is an emerging nickel producer with key assets in Zambales and Palawan. It primarily exports nickel ore to markets in China and other markets. The company currently operates two mines in Santa Cruz, Zambales, and is actively developing new mining sites in Palawan to expand its operations.


Forward-Looking Statements
This press release contains forward-looking statements, which are subject to risks and uncertainties that may cause actual performance to differ materially from expected results or projections as of the date of this news release. No assurance can be given that the results anticipated by DMCI Holdings, DMCI Mining and Nickel Asia Corporation or indicated by any such forward looking statements, will be achieved.
Other Relevant Information

None.
Filed on behalf by:
Name Herbert Consunji
Designation Executive Vice President & Chief Finance Officer