C02838-2025

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)
Apr 29, 2025
2. SEC Identification Number
CS201619734
3. BIR Tax Identification No.
009393167
4. Exact name of issuer as specified in its charter
Chelsea Logistics and Infrastructure Holdings Corp.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Stella Hizon Reyes Road, Bo.Pampanga, Davao City Postal Code 8000
8. Issuer's telephone number, including area code
+63 82 2245373 / +63 2 8403 4015
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 2,274,768,615
11. Indicate the item numbers reported herein
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.

Chelsea Logistics and Infrastructure Holdings Corp.C

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

Annual Stockholders' Meeting
Background/Description of the Disclosure

Chelsea Logistics and Infrastructure Holdings Corp. held its Annual Stockholders' Meeting on April 28, 2025 via remote communication.

At the meeting, Chelsea Logistics reported a consolidated Net Profit after Tax of PhP 177 Million, marking a strong recovery from the PhP 1.143 Billion Net Loss in 2023. This milestone reflects a 24% increase compared to the Company’s Net Income in its 2017 listing year, underscoring its resilience and commitment to sustainable growth.

Chelsea Logistics CFO Darlene A. Binay highlighted that a 14% increase in revenue, reaching a record-high of PhP 8 Billion, was the primary driver of the Company's financial turnaround. Aside from increased freight and passenger volumes, improved rates, and expansion of trading vessels and ports, the growth was further supported by a 23% reduction in other operating expenses, which contributed to a tenfold (10.9x) year-on-year increase in operating profit. Additionally, the Company’s cost-efficiency initiatives—including savings from outside services and dues, controlled operating expenses, and interest expense reduction through the Company’s Liability Management Exercise—led to higher stockholders’ equity, an improved current ratio, and a lower debt-to-equity ratio.

Chelsea Logistics President & CEO Chryss Alfonsus V. Damuy related how the Company mitigated the impact of operational challenges in 2024 particularly vessel availability and drydocking disruptions. The Company strategically redeployed vessels to higher-yield routes, time-chartered additional RoRo vessels and tugboats, and enhanced maintenance planning to minimize downtime.

Mr. Damuy also confirmed that the Company executed a Dacion-En-Pago transaction involving part of its Taguig City real estate property, resulting in a 5% decline in consolidated total assets and 16% decrease in current liabilities. This strategy to divest non-productive assets and reduce debt optimized the Company's portfolio while enhancing liquidity.

In the President and CEO’s Report for 2024, Mr. Damuy highlighted Chelsea Logistics’ commitment to digital transformation. The Company strengthened its partnership with Xendit to enhance the digital payment experience of passengers booking through Chelsea Travel, the Company’s unified online booking system. Additionally, the Company has forged strategic alliances with Oracle NetSuite, Google, Starlink, Amazon Web Services, and KnowBe4 to drive cybersecurity, stable internet connectivity, digital upskilling, and innovation across its stakeholder ecosystem.

Beyond profit-making, Chelsea Logistics remains committed to sustainability and social responsibility, launching tree planting efforts, blood donation drives, feeding program, and education-focused initiatives like Brigada Eskwela and On-the-Job Training Program. Employees were also required to complete at least 40 hours of training annually, reinforcing a culture of growth which is a vital part of long-term success.
Other Relevant Information

n/a
Filed on behalf by:
Name Ma. Henedina San Juan
Designation AVP Legal and Corporate Affairs/Corporate Secretary