C06514-2025

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)
Sep 8, 2025
2. SEC Identification Number
AS094-000088
3. BIR Tax Identification No.
003-058-789
4. Exact name of issuer as specified in its charter
SM PRIME HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7/F MOA Square, Seashell Lane cor. Coral Way, Mall of Asia Complex, Brgy. 76 Zone 10, CBP 1-A, Pasay City, Metro Manila, Philippines Postal Code 1300
8. Issuer's telephone number, including area code
(632) 8831-1000
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 STOCK, P1 PAR VALUE 28,871,122,694
DEBT SECURITIES – RETAIL BOND 141,458,500,000
11. Indicate the item numbers reported herein
ITEM # 9, LETTER B.

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.

SM Prime Holdings, Inc.SMPH

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

Please see attached disclosure letter dated September 5, 2025 acknowledged received by the Philippine Dealing and Exchange Corp. (PDEx) on the Company's reply to PDEx's request to clarify on the news article in The Manila Times entitled "SM Supermalls to invest P150 billion for new malls and makeovers”.
Source The Manila Times
Subject of News Report SM Supermalls to invest P150 billion for new malls and makeovers
Date of Publication Sep 5, 2025
Clarification of News Report

This refers to the news article in The Manila Times published on September 5, 2025 titled “SM Supermalls to invest P150 billion for new malls and makeovers”, which states:

"SM Supermalls, the mall division of Sy family-led integrated developer SM Prime Holdings Inc., will be investing P150 billion over the next five years to fund 16 redevelopments and 12 new lifestyle malls with a plan to open one flagship mall every year.

xxx

Flagship projects lined up include SM Santa Rosa (Yulo) in 2026, Harrison Plaza in 2027, SM Malolos in 2028, Cavite in 2029 and Pasay in 2030.

Tan said half of the P150-billion budget would be used for redevelopments and the other half to new mall construction. With SM Megamall undergoing a P9-billion transformation, he said that next in line was SM City North EDSA toward the end of the decade.

xxx

The company is also making sustainability central to its mall strategy with a commitment to use
100-percent clean energy by 2030. Tan said 50 malls already operate with rooftop solar panels, with SM also recycling water since the early 1990s.

SM Prime shares on Thursday added 30 centavos, or 1.32 percent, to close at P23.00 each amid a 0.39-percent rise for the benchmark Philippine Stock Exchange index.

xxx xxx xxx”

This is in response to the above-quoted news article:

1. SM Prime is defining a new category of malls – with one iconic flagship every year that will serve as a regional landmark. The Company plans to spend more than P150 billion over the course of five years for the development of 12 new lifestyle malls and redevelopment of 16 existing malls

2. Among the iconic malls that SM Prime will be opening includes a new mall in Sta. Rosa, Laguna (2026), Harrison Plaza in Manila City (2027), Bulacan (2028), Cavite (2029) and Pasay City (2030).

3. In our press release / disclosure submitted to the Exchange, PSE and SEC last August 12, 2025, entitled “SM Prime to Complete P7 Billion Sustainable Redevelopment of SM Megamall by 2029”, SM Prime stated:

“SM Prime Holdings, Inc. (SM Prime) is investing P7 billion to redevelop SM Megamall, one of the Philippines’ most iconic malls, with phased completion targeted between 2027 and 2029.”

Link: https://www.smprime.com/company_releases/sm-prime-to-complete-p7-billion-sustainable-redevelopment-of-sm-megamall-by-2029/

4. SM Prime is also reimaging 100% of its malls’ portfolio into future-ready malls by 2030. By year-end 2025, SM Prime will have additional 20 sites of rooftop solar photovoltaic (PV) in its list reaching 100 megawatt-peak in total for all SM Supermalls.
Other Relevant Information

Very truly yours,



John Nai Peng C. Ong
Chief Finance Officer
Filed on behalf by:
Name Alexander Pomento
Designation Vice President