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

11341

3. BIR Tax Identification No.

000-051-037

4. Exact name of issuer as specified in its charter

Benguet Corporation

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

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7th Floor, Universal Re Building, 106 Paseo de Roxas, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

0288121380

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
Convertible Preferred Class A (BCP)	214,788
Common Class A (BC)	429,568,838
Common Class B (BCB)	286,015,617

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 Convertible Preferred Class A, Common Class A and Common B shares of the Company are listed in the Philippine Stock Exchange (PSE).

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.

Benguet CorporationBC

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)	in Thousand Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2024
Current Assets	3,827,541	3,760,284
Total Assets	11,123,218	10,867,321
Current Liabilities	352,594	655,144
Total Liabilities	1,393,168	1,698,116
Retained Earnings/(Deficit)	6,755,218	6,199,684
Stockholders' Equity	9,730,050	9,169,205
Stockholders' Equity - Parent	9,730,050	9,169,205
Book Value per Share	13.59	12.85

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	379,461	293,691	2,526,828	1,588,956
Gross Expense	520,055	318,451	1,875,813	1,329,860
Non-Operating Income	58,724	27,140	83,475	62,274
Non-Operating Expense	0	20,799	2,035	0
Income/(Loss) Before Tax	-81,870	-18,410	732,455	321,370
Income Tax Expense	-13,542	-7,359	176,921	64,687
Net Income/(Loss) After Tax	-68,328	-11,051	555,534	256,683
Net Income Attributable to Parent Equity Holder	-68,328	-11,051	555,534	256,683
Earnings/(Loss) Per Share (Basic)	-0.1	-0.02	0.78	0.41
Earnings/(Loss) Per Share (Diluted)	-0.1	-0.02	0.77	0.41

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.61	-0.83
Earnings/(Loss) Per Share (Diluted)	0.61	-0.83

Other Relevant Information
Attached is Benguet Corporation's 2025 Third Quarter Report under SEC Form 17-Q and Summary of Exploration Results for the Third Quarter. Please note that on November 11, 2025, we requested for extension of deadline to submit the report under SEC Form 17-L.