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)

Dec 26, 2025

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Penthouse, JSY Platinum Tower, Asean corner Fuentes St., Aseana Avenue Postal Code 1701

8. Issuer's telephone number, including area code

(02) 8519 7888

9. Former name or former address, if changed since last report

Parañaque

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	5,110,421,196

11. Indicate the item numbers reported herein

9

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.

Global Ferronickel Holdings, Inc.FNI

PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure
FNI Share buyback as of December 26, 2025
Background/Description of the Disclosure
FNI's share buy-back program as disclosed on July 1, 2016, authorizes FNI to undertake buyback transactions when price per share is deemed undervalued. The authorized amount appropriated is up to 50% of the unrestricted retained earnings. The company aims to enhance shareholders' value. As per latest board approval on September 12, 2024, FNI is authorized to buyback additional 2% of the outstanding shares of the company. Pursuant to this, FNI purchased from the market today, December 26, 2025, a total of 14,754,491 FNI common shares.

Type of Securities

• Common
• Preferred-
• Others-

Details of Share Buy-Back Transaction(s)

Date of Transaction	Number of Shares Purchased	Price Per Share
Dec 26, 2025	14,754,000	1.20
Dec 26, 2025	491	1.10
	14,754,491

Effects on Number of Shares

	Before	After
Outstanding Shares	5,125,175,687	5,110,421,196
Treasury Shares	947,181,464	961,935,955

Cumulative Number of Shares Purchased to Date 1	1,141,417,905
Total Amount Appropriated for the Buy-Back Program	-
Total Amount of Shares Repurchased	2,784,232,715.22

Other Relevant Information
-

¹ From the date when the share buy-back program commenced.