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 16, 2026

2. SEC Identification Number

101

3. BIR Tax Identification No.

000-160-247

4. Exact name of issuer as specified in its charter

LEPANTO CONSOLIDATED MINING COMPANY

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

21st Floor, Lepanto Building, 8747 Paseo de Roxas, Makati City, Philippines Postal Code 1226

8. Issuer's telephone number, including area code

(632) 8815-9447

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
Class "A"	39,822,869,196
Class "B"	26,552,888,901

11. Indicate the item numbers reported herein

-

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.

Lepanto Consolidated Mining CompanyLC

PSE Disclosure Form 4-19 - Declassification of Shares References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declassification of Shares
Background/Description of the Disclosure
On August 7, 2025, the Securities and Exchange Commission (SEC) issued Memorandum Circular No. 10, Series of 2025, entitled “Repeal of the Rules Allowing the Trading of “B” Shares on the Regular Board and Requiring Buyers To Accept Either “B” or “A” Certificates.” The Circular requires the Company to amend its Articles of Incorporation and By-Laws within one (1) year from its effectivity. At the regular board meeting held on February 16, 2026, the Board of Directors approved the declassification of Common Class A and Class B shares, and the corresponding amendments to Article Seventh of the amended Articles of Incorporation.

Date of Approval by Board of Directors	Feb 16, 2026
Date of Approval by Stockholders	TBA
Date of Approval by Securities and Exchange Commission	TBA

Reason or purpose of the declassification of shares
Pursuant to SEC Memorandum Circular No. 10, Series of 2025

Effects on Capital Structure

Issued Shares

Type of Security/Stock Symbol	Before	After
Common Class "A" / LC	39,821,417,656	-
Common Class "B" / LCB	26,552,508,993	-
Common Shares / LC	-	66,373,926,649

Outstanding Shares

Type of Security/Stock Symbol	Before	After
Common Class "A" / LC	39,822,869,196	-
Common Class "B" / LCB	26,552,888,901	-
Common Shares / LC	-	66,375,758,097

Treasury Shares

Type of Security/Stock Symbol	Before	After
N/A	-	-

Listed Shares

Type of Security/Stock Symbol	Before	After
Common Class "A" / LC	39,821,729,451	-
Common Class "B" / LCB	26,552,172,212	-
Common Shares / LC	-	66,373,901,663

Procedure(s) for updating stock certificates

Details of Stock Transfer Agent

Name	Stock Transfer Service, Inc.
Address	34th Floor, Unit D, Rufino Pacific Tower, 6784 Ayala Avenue, Makati City
Contact Person	Mr. Ricardo D. Regala, Jr.

Inclusive dates when the old stock certificates can be replaced

Start Date	N/A
End Date	N/A

Documentary requirements

Individual Shareholders
n/a
Corporate Shareholders
n/a

Date of availability of new stock certificates	TBA

Procedures in case of lost stock certificates
Not applicable
Other Relevant Information
The capital stock subscribed, issued and outstanding and previously classified as Class “A” and Class “B” shall, 15 business days after the approval by the Securities and Exchange Commission of this Amended Articles of Incorporation (the “Effective Date”), be deemed to have been declassified and forming a single class of shares, and all outstanding stock certificates, without need of replacement, shall continue to be honored and may be traded as common stock without any classification notwithstanding the class thereof indicted on the certificate.