C00544-2026

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)
Jan 28, 2026
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330-000
4. Exact name of issuer as specified in its charter
Xurpas Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 804 Antel 2000 Corporate Center, 121 Valero St., Salcedo Village, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(632)8889-6467
9. Former name or former address, if changed since last report
Not Applicable
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 2,513,603,812
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.

Xurpas Inc.X

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

On January 27, 2026, the Board of Directors of Xurpas Inc. (the “Corporation”) approved and authorized the sale of its equity stake in PT Sembilan Digital Investama (“PT SDI”), an Indonesian Company.

Background/Description of the Disclosure

The transaction involves Xurpas' sale of its equity shares in PT Sembilan Digital Investama, an Indonesian company
which owns 100% of PT Ninelives Interactive, a licensed mobile content developer in Indonesia. Xurpas expects to receive IDR 5,000,000,000 (approximately PHP 17.6 million) from the transaction.

Date of Approval by
Board of Directors
Jan 27, 2026
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

Proceeds will be used for the company’s general and working capital requirements.

Details of the acquisition or disposition
Date TBA
Manner

Negotiated between parties.

Description of the company to be acquired or sold

Xurpas acquired 49% equity shares in PT Sembilan Digital Investama (SDI), an Indonesian company in 2015.
PT SDI owns 100% of PT Ninelives Interactive.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 1,470
Percentage to the total outstanding shares of the company subject of the transaction 49
Price per share IDR 1,250,000
Nature and amount of consideration given or received

For the share purchase and other fees, Xurpas expects to receive a total of IDR 5,000,000,000 (approximately PHP 17.6 million).

Principle followed in determining the amount of consideration

The parties determined the selling price after negotiations.

Terms of payment

Cash

Conditions precedent to closing of the transaction, if any

Completion of the transaction is subject to the Sale and Purchase Deeds being duly and properly executed on the Completion Date in accordance with Indonesian law, either by the authorized officers of each Party or, where applicable, by authorized representatives acting under a duly executed Power of Attorney from such officers. This will also require approval from regulators in Indonesia.

Any other salient terms

None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold
Name Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
PT Master Labs Asia Not Applicable
Adrian Wijaya Not Applicable
Effect(s) on the business, financial condition and operations of the Issuer, if any

Proceeds will be used for the company’s general and working capital requirements.

Other Relevant Information

None.

Filed on behalf by:
Name Mark Gorriceta
Designation Corporate Secretary and Chief Legal Officer