C03699-2025

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 26, 2025
2. SEC Identification Number
77487
3. BIR Tax Identification No.
000-388-771
4. Exact name of issuer as specified in its charter
JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10/F JOLLIBEE PLAZA BUILDING, 10 F. ORTIGAS JR. AVENUE, ORTIGAS CENTER, PASIG CITY Postal Code 1605
8. Issuer's telephone number, including area code
(632) 8634-1111
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 (JFC) 1,119,585,291
Preferred Shares (JFCPB) 9,000,000
Treasury Shares - Common 16,447,340
Treasury Shares - Preferred (JFCPA) 3,000,000
11. Indicate the item numbers reported herein
-

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.

Jollibee Foods CorporationJFC

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Sale of Jollibee Foods Corporations' 30% shareholding in C-Joy Poultry Realty, Incorporated

Background/Description of the Disclosure

On 26 May 2025, Jollibee Foods Corporation ("JFC") executed a Share Purchase Agreement and Deed of Assignment to sell its shares in C-Joy Poultry Realty, Incorporated (the "Company") equivalent to thirty percent (30%) of the Company’s issued and outstanding shares to Agrotex Commodities, Inc. for a total price of PhP 33,880,321.00.

Date of Approval by
Board of Directors
May 26, 2025
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The divestment is aligned with JFC’s strategic shift toward an asset-light business model, enabling greater capital efficiency and sharper focus on scalable, high-return investments.

Details of the acquisition or disposition
Date May 26, 2025
Manner

Execution of a Share Purchase Agreement and Deed of Assignment

Description of the company to be acquired or sold

C-Joy Poultry Realty, Incorporated owns the land on which the facilities of C-Joy Poultry Meats Production, Incorporated are situated.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 113,250
Percentage to the total outstanding shares of the company subject of the transaction 30
Price per share PhP 299.16
Nature and amount of consideration given or received

PhP 33,880,321.00

Principle followed in determining the amount of consideration

Approximately 15% internal rate of return on JFC's Investment on C-Joy Poultry Realty, Incorporated

Terms of payment

Payment shall be made on May 26, 2025.

Conditions precedent to closing of the transaction, if any

The transaction is subject to standard conditions precedent.

Any other salient terms

None

Identity of the person(s) from whom the shares were acquired or to whom they were sold
Name Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Agrotex Commodities, Inc. N/A
Effect(s) on the business, financial condition and operations of the Issuer, if any

JFC will fully divest its interest in C-Joy Poultry Realty, Incorporated while retaining its 30% stake in C-Joy Poultry Meats Production, Incorporated.

Other Relevant Information

Please see attached SEC Form 17-C.

Filed on behalf by:
Name VALERIE AMANTE
Designation Global Chief Legal, Ethics, and Compliance Officer Jollibee Group