C07019-2026

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)
Sep 24, 2026
2. SEC Identification Number
AS93000023
3. BIR Tax Identification No.
003822183000
4. Exact name of issuer as specified in its charter
DISCOVERY WORLD CORPORATION
5. Province, country or other jurisdiction of incorporation
STATION 1, BALABAG, MALAY AKLAN
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
STATION 1, BALABAG, MALAY AKLAN Postal Code 5608
8. Issuer's telephone number, including area code
8813-8857
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
Common Shares 854,000,000
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.

Discovery World Corporation DWC

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

Additional Subscription to Viper Energy Corp. (VEC)
Background/Description of the Disclosure

On 28 May 2026, the Executive Committee resolved to increase Discovery World Corporation's (DWC) subscription by Two Hundred Five Million Two Hundred Thousand (205,200,000) VEC shares with a par value of Ten Centavos (P0.10) per share or a total of Twenty Million Five Hundred Twenty Thousand Pesos (P20,520,000.00) to be used as working capital.

On 24 September 2026, the Board of Directors resolved to provide additional working capital to VEC by increasing DWC's subscription by Thirty Million (30,000,000) shares with a par value of Ten Centavos (P0.10) per share or a total of Three Million Pesos (P3,000,000.00). As of date, the total additional subscription of DWC to VEC shares amounts to Two Hundred Thirty-Five Million Two Hundred Thousand (235,200,000) VEC shares, for a total subscription price of Twenty-Three Million Five Hundred Twenty Thousand Pesos (P23,520,000.00).

This additional subscription is conditioned upon the application and approval of the increase in Authorized Capital Stock of VEC from Ten Million Pesos (P10,000,000.00) to One Hundred Million Pesos (P100,000,000.00).
Date of Approval by
Board of Directors		 Sep 24, 2026
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

This acquisition is in line with DWC's business and will create opportunities for expansion of the Corporation's business through its subsidiary, Viper Energy Corp.
Details of the acquisition or disposition
Date Sep 24, 2026
Manner

The Subscription Agreement for the subscription of Two Hundred Thirty-Five Million Two Hundred Thousand (235,200,000) shares was signed and notarized on 24 September 2026. The Documentary Stamp Taxes will be paid before the legal deadline.
Description of the company to be acquired or sold

Engaging in renewable energy business, VEC was incorporated and registered with the SEC on 8 September 2023 with the purpose of holding the group’s solar assets.
The terms and conditions of the transaction
Number of shares to be acquired or disposed 235,200,000
Percentage to the total outstanding shares of the company subject of the transaction 92.16
Price per share Php 0.10
Nature and amount of consideration given or received

The consideration is based on par value
Principle followed in determining the amount of consideration

The consideration is based on par value
Terms of payment

The subscription of Two Hundred Thirty-Five Million Two Hundred Thousand (235,200,000) has been paid in cash, following the execution of the Subscription Agreement.
Conditions precedent to closing of the transaction, if any

N/A
Any other salient terms

N/A
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
Viper Energy Corp. Viper Energy Corp. is a wholly-owned subsidiary of DWC.
Effect(s) on the business, financial condition and operations of the Issuer, if any

This acquisition will augment working capital and create opportunities for expansion of the Corporation's business through VEC.
Other Relevant Information

This disclosure is being amended to disclose the execution of the Subscription Agreement between DWC and VEC, and to reflect the additional subscription by DWC to VEC shares worth Three Million Pesos (P3,000,000.00).
Filed on behalf by:
Name Anna Francesca Respicio
Designation Corporate Secretary