On March 9, 2020, the Board of Directors of RRHI approved the creation and implementation of a share buyback program involving up to Philippine Pesos: Two Billion (P2,000,000,000.00) worth of the Company’s common shares. Thereafter, Board of Directors of RRHI agreed to extend the share buyback program as follows: a. On February 26, 2021, the share buyback program was extended for the additional amount of Philippine Pesos: Two Billion (P2,000,000,000.00) b. On February 11, 2022, the share buyback program was extended for the additional amount of Philippine Pesos: One Billion (P1,000,000,000.00). c. On April 27, 2022, the share buyback program was extended for the additional amount of Philippine Pesos: One Billion (P1,000,000,000.00). d. On November 16, 2023, the share buyback program was extended for the additional amount of Philippine Pesos: One Billion (P1,000,000,000.00). e. On July 25, 2024, the share buyback program was extended for the additional amount of Philippine Pesos: One Billion (P1,000,000,000.00). f. On May 30, 2025, through the share buyback program and via a special block sale duly approved by the Philippine Stock Exchange (“PSE”) and following the fulfillment of closing conditions, RRHI re-acquired 315,309,310 common shares belonging to GCH Investments Pte. Ltd. (“GCH”), a subsidiary of DFI Retail Group (“DFI”) at a transaction price of Php50.00 per share for a total purchase price of P15,765,465,500.00. g. On November 21, 2025, the share buyback program was extended for the additional amount of Philippine Pesos: Two Billion (P 2,000,000,000.00). |