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)

Feb 6, 2026

2. SEC Identification Number

PW-94

3. BIR Tax Identification No.

000-707-922-000

4. Exact name of issuer as specified in its charter

PAL Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Lucio K. Tan, Jr. Center, Philippine Airlines PAL Gate 5 Andrews Avenue, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8816-3451

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 Stock	26,852,106,890

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.

PAL Holdings, Inc.PAL

PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of the Amended By-Laws of PAL Holdings, Inc.
Background/Description of the Disclosure
We wish to advise the Exchange that during its meeting held today, February 6, 2026, the PAL Holdings, Inc. Board of Directors approved and confirmed the amendments to Article 1 and 2 of the Corporation’s By-Laws in compliance with the provisions of the Revised Corporation Code of the Philippines and other applicable laws and regulations, subject to shareholder and regulatory approvals. We trust you will take note accordingly. Thank you.

Date of Approval by Board of Directors	Feb 6, 2026
Date of Approval by Stockholders	N/A
Other Relevant Regulatory Agency, if applicable	Securities and Exchange Commission
Date of Approval by Relevant Regulatory Agency, if applicable	TBA
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article and Section Nos.	From	To
Article I, Section 1	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article I, Section 2	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article I, Section 3	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article I, Section 4	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article II, Section 2	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article II, Section 3	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article II, Section 5	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"
Article II, Section 8	Please refer to the attached "Annex A"	Please refer to the attached "Annex A"

Rationale for the amendment(s)
The proposed amendments will ensure alignment of the Corporation's Amended By-Laws with the provisions of the Revised Corporation Code of the Philippines and other applicable laws and regulations, and enhance the Corporation's corporate governance practices.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the By-Laws with the SEC	TBA
Expected date of SEC approval of the Amended By-Laws	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
None.
Other Relevant Information
None.