SECURITIES AND EXCHANGE COMMISSIONSEC FORM 19-1

TENDER OFFER REPORT

Check the appropriate box:

Initial Filing

Amendment

Amendment No. 1

Item/s amended by the Filing -

1. Exact Name of Subject Company as Specified in its Charter

PHILWEB CORPORATION

a. Address of Principal Offices

41st Floor, One San Miguel Avenue Condominium, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig City, Philippines Postal Code 1605

b. SEC Identification Number

39121

c. Industry Classification Code(SEC Use Only)

d. BIR Tax Identification No.

000-141-527-000

2. Name of Bidder

Nexora Holdings Inc. and Velora Holdings Inc.

a. Address of Bidder

41st Floor, One San Miguel Avenue Condominium, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig City, Philippines Postal Code 1634

3. Title or Class of Securities Subject to Tender Offer

Common Shares

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.

PhilWeb CorporationWEB

PSE Disclosure Form 17-16 - Tender Offer Report Reference: SRC Rule 19

Basic Terms and Conditions

Tender Offer Shares	449,158,170
Tender Offer Price/Consideration	PHP 2.17 per share
Entitlement	Every WEB Public Shareholder as of any date during the Tender Offer Period is entitled to sell its/his/her WEB Public Shares to the Bidders in accordance with and subject to these Terms of the Tender Offer.
Start of Tender Offer Period	Jan 19, 2026
End of Tender Offer Period	Feb 16, 2026
Closing Date	Feb 16, 2026
Cross Date	Feb 25, 2026
Settlement Date	Mar 2, 2026
Contact Details for Inquiries on Tender Offer	AB Capital Securities Inc. Jonna C. Llaguno (632) 8898 7522, (632) 8898 7596

Results of Tender Offer
Total Shares Tendered: Zero (0) Total Shares Accepted: Zero (0) No cross or block sale transaction was executed. No settlement or payment will be made.

Other Relevant Information
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