C03505-2025

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 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendment of Articles of Incorporation.

Background/Description of the Disclosure

The Board of Directors approved the amendment of the Company’s Articles of Incorporation to expressly grant Discovery World Corporation (“DWC”) the authority to act as surety, guarantor, third party mortgagor, or in any similar capacity, for its subsidiaries and affiliates.

Date of Approval by
Board of Directors
May 16, 2025
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval TBA
Amendment(s)
Article No. From To
Second - To undertake, assume, guarantee, or provide security for any portion or the entirety of the debts, liabilities, or obligations of its subsidiaries and affiliates, whether as solidary obligor, surety, guarantor, third party mortgagor or in any similar capacity, and whether supported by the general credit of the Corporation or secured through a mortgage, pledge, or other form of encumbrance over its assets.
Rationale for the amendment(s)

This amendment is being made to enable the Corporation to provide guarantees or security in favor of financial institutions or other entities, in connection with obligations incurred by its subsidiaries, affiliates, or other related parties, in furtherance of the Corporation’s lawful and strategic business interests.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC TBA
Expected date of SEC approval of the Amended Articles of Incorporation TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

While the amendment has no immediate impact on the Corporation’s regular operations, it provides greater flexibility in supporting financial and commercial arrangements involving subsidiaries and affiliated companies, especially in connection with intercompany transactions or credit accommodations.

Other Relevant Information

The amendment to the Articles of Incorporation will be submitted for stockholders’ approval at the Annual Stockholders’ Meeting on 19 June 2025.

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