C03504-2025

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 16, 2025
2. SEC Identification Number
AS93000023
3. BIR Tax Identification No.
003-822-183-000
4. Exact name of issuer as specified in its charter
DISCOVERY WORLD CORPORATION
5. Province, country or other jurisdiction of incorporation
STATION 1, BALABAG, MALAY AKLAN
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
STATION 1, BALABAG, MALAY AKLAN Postal Code 5608
8. Issuer's telephone number, including area code
8813-8857
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 Shares 854,000,000
11. Indicate the item numbers reported herein
Item 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.

Discovery World Corporation DWC

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

Extension of Ms. Elizabeth Parpan's term as Independent Director

Background/Description of the Disclosure

Please be advised that on 16 May 2025, the Board of Directors of Discovery World Corporation (the 'Corporation') approved the extension of Ms. Elizabeth Parpan’s term as an Independent Director for an additional year.

Ms. Parpan’s extensive background in the leisure industry has substantially contributed to the Corporation’s strategic direction. As Lead Independent Director, the independent and objective perspective she provides during Committee and Board meetings remains especially valuable in guiding the Corporation’s efforts to expand its resort portfolio and roster of managed properties.

Other Relevant Information

The extension of Ms. Elizabeth Parpan's term as an Independent Director, as approved by the Board, will be subject to the approval of the stockholders of record during the Annual Stockholders' Meeting on 19 June 2025.

Filed on behalf by:
Name Anna Francesca Respicio
Designation Corporate Secretary