SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2025

2. SEC Identification Number

142312

3. BIR Tax Identification No.

000-083-856-000

4. Exact name of issuer as specified in its charter

Ginebra San Miguel Inc.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

3rd and 6th Floors, San Miguel Properties Centre, St. Francis Street, Ortigas Center, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

(+632) 8841-5100

9. Former name or former address, and former fiscal year, 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	286,327,841

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

The Philippine Stock Exchange, Inc. - Common Shares

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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.

Ginebra San Miguel, Inc.GSMI

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2025
Currency (indicate units, if applicable)	Php (in thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2024
Current Assets	26,440,109	21,729,243
Total Assets	35,324,662	30,532,593
Current Liabilities	9,406,020	7,506,633
Total Liabilities	10,473,085	8,592,097
Retained Earnings/(Deficit)	26,360,676	23,449,595
Stockholders' Equity	24,851,577	21,940,496
Stockholders' Equity - Parent	23,966,791	21,076,113
Book Value per Share	86.79	76.63

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	16,428,405	15,570,054	48,663,334	45,561,720
Gross Expense	13,871,282	13,644,910	41,154,291	39,225,515
Non-Operating Income	250,271	430,196	973,855	931,775
Non-Operating Expense	19,551	17,737	60,015	52,610
Income/(Loss) Before Tax	2,787,843	2,337,603	8,422,883	7,215,370
Income Tax Expense	688,216	572,136	2,075,865	1,773,938
Net Income/(Loss) After Tax	2,099,627	1,765,467	6,347,018	5,441,432
Net Income Attributable to Parent Equity Holder	2,157,529	1,730,673	6,326,612	5,455,898
Earnings/(Loss) Per Share (Basic)	7.33	6.17	22.17	19
Earnings/(Loss) Per Share (Diluted)	7.33	6.17	22.17	19

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	28.51	24.44
Earnings/(Loss) Per Share (Diluted)	28.51	24.44

Other Relevant Information
Please see attached SEC Form 17-Q (Quarterly Report) of GSMI for the period ended September 30, 2025. Amounts in thousand pesos, except per share data.