C03307-2025

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)
May 13, 2025
2. SEC Identification Number
151309
3. BIR Tax Identification No.
004-707-597-000
4. Exact name of issuer as specified in its charter
RL COMMERCIAL REIT, INC. (Formerly ROBINSONS REALTY AND MANAGEMENT CORPORATION)
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
25F Robinsons Cyberscape Alpha, Sapphire and Garnet Roads, Brgy. San Antonio, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(632) 8397-1888
9. Former name or former address, if changed since last report
NA
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 Stock 15,714,445,508
11. Indicate the item numbers reported herein
Item 9 - Other Matters

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.

RL Commercial REIT, Inc.RCR

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 of News Article entitled "RCR aims to triple market cap to Php300 billion in three years".

Source MB.com.ph
Subject of News Report RCR aims to triple market cap to ₱300 billion in three years
Date of Publication May 12, 2025
Clarification of News Report

We write with respect to various news articles relating RL Commercial REIT, Inc. (“RCR” or the
“Company”). In the attached article entitled “RCR aims to triple market cap to Php300 billion in three
years” posted in MB.com.ph on May 12, 2025, it was reported that:

“RL Commercial REIT Inc. (RCR), the real estate investment trust of Gokongwei-led Robinsons
Land Corporation, is aiming to triple its market capitalization to Php300 billion from the current
Php100 billion in three years through infusions of RLC’s offices and malls.

In a media briefing after the firm’s annual stockholders’ meeting, RCR Chief Financial Officer
Kerwin Max S. Tan said ‘RL Fund Management Inc. has a three-year target to basically make RCR
as big as possible.’

‘When you look at the sponsor’s (RLC’s) assets, the current assets that are in RCR right now is just
one-third of the sponsor’s assets. So, potentially, RCR can grow two-thirds more of the assets from
the sponsor. So, it’s basically three times more from the currently size, potentially,’ he explained.

Tan added that, while the target is three years, the pace of asset infusions from RLC to RCR will
still depend on market conditions.

He noted that, RCR’s growth driver will be the expansion of its earning assets and RLC can
potentially infuse about Php32 billion worth of assets soon based on its recent sale of RCR shares
to raise a total of Php8 billion, noting that asset infusion size is usually four times that of the amount
raised from the sale of shares.
. . . .”

We confirm that RL Commercial REIT, Inc. (the “Company”) can potentially triple its market capitalization
from Php100 billion to Php300 billion in the next 3 years. This is however, subject to the assessment of the
Fund Manager of the Company and favorable market conditions.

In addition, potential asset infusions are expected to contribute further to the Company’s cashflows.

Other Relevant Information

Please find attached SEC Form 17-C dated May 13, 2025.

Filed on behalf by:
Name Matias Raymundo
Designation CFO