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)
Jan 15, 2026
2. SEC Identification Number
PW-277
3. BIR Tax Identification No.
000-060-741-000
4. Exact name of issuer as specified in its charter
SAN MIGUEL CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, PhilippinesPostal Code1550
8. Issuer's telephone number, including area code
(632) 8 632-3000
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
SMC
2,383,896,588
SMC2I
169,333,400
SMC2L
165,358,600
SMC2M
173,333,325
SMC2N
100,115,100
SMC2O
187,859,700
SMC2P
171,370,380
SMC2Q
53,815,840
SMC2R
26,287,800
SMC2S
179,837,540
SMC2T
73,983,880
SMC2U
146,178,580
11. Indicate the item numbers reported herein
Item 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.
San Miguel CorporationSMC
PSE Disclosure Form 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Redemption of Series "2" Preferred Shares - Subseries I
Background/Description of the Disclosure
Redemption of 169,333,400 Series "2" Preferred Shares - Subseries I
Date of Approval by Board of Directors
Jan 15, 2026
Record Date, if applicable
Mar 20, 2026
Redemption Price
Php75.00
Redemption Period
N/A
Redemption Date
Mar 30, 2026
Effects on the capital structure
Issued Shares
Type of Security/Stock Symbol
Before
After
SMC2I
169,333,400
169,333,400
Outstanding Shares
Type of Security/Stock Symbol
Before
After
SMC2I
169,333,400
0
Treasury Shares
Type of Security/Stock Symbol
Before
After
SMC2I
0
169,333,400
Listed Shares
Type of Security/Stock Symbol
Before
After
SMC2I
169,333,400
169,333,400
Effect(s) on foreign ownership level, if any
The effect of the redemption will likely decrease the number of shareholders of preferred shares who are foreign. The exact number will be announced at a later date.
Other Relevant Information
None.
Filed on behalf by:
Name
Mary Rose Tan
Designation
Associate General Counsel and Assistant Corporate Secretary
San Miguel CorporationSMC