C07060-2026

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 28, 2026
2. SEC Identification Number
39121
3. BIR Tax Identification No.
000-141-527-000
4. Exact name of issuer as specified in its charter
PHILWEB CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
41st Floor, One San Miguel Avenue Condominium, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig City, Philippines Postal Code 1605
8. Issuer's telephone number, including area code
0288454171
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 1,676,688,214
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.

PhilWeb CorporationWEB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Execution of Share Purchase Agreement between PhilWeb Capital Corporation and JKS Tech Solutions Inc. for the Sale of Shares of PhilWeb Corporation
Background/Description of the Disclosure

PhilWeb Corporation (the “Company”) advises that PhilWeb Capital Corporation (“PCC”) and JKS Tech Solutions Inc. (“JKS”) have entered into a Share Purchase Agreement dated September 28, 2026 (the “SPA”), pursuant to which PCC agreed to sell to JKS an aggregate of 219,053,075 shares of the Company, consisting of 157,044,156 common shares and 62,008,919 preferred shares. The aggregate purchase price for the Sale Shares is Php2,883,290,582.00, consisting of Php2,591,228,574.00 for the common shares at Php16.50 per share and Php292,062,008.00 for the preferred shares at Php4.71 per share.

The transaction will be completed in two closings. At the First Closing, PCC will sell 10,921,554 common shares to JKS for an aggregate purchase price of Php180,205,651.50. The First Closing is subject to the applicable closing conditions, including the Philippine Stock Exchange’s approval of the block sale.

At the Second Closing, PCC will sell the remaining 146,122,602 common shares and 62,008,919 preferred shares to JKS for an aggregate purchase price of Php2,703,084,772.50. The Second Closing is subject to the applicable closing conditions, including the Securities and Exchange Commission’s approval of JKS’s proposed increase in authorized capital stock and the Philippine Stock Exchange’s approval of the applicable block sale.
Other Relevant Information

The Sale Shares are existing shares of the Company held by PCC. Accordingly, the transaction does not involve the issuance of new shares by the Company and will not result in an increase in the Company’s issued and outstanding shares.

The transaction forms part of the strategic investment initiatives involving JKS. JKS is a Philippine B2B technology, platform, and digital infrastructure company serving licensed mid-market operators in the digital entertainment sector. Its business is complementary to the Company’s existing ecosystem.

Upon completion of the transaction, and taking into account the shares acquired by JKS from PhilWeb Corporation, JKS is expected to hold approximately 14.22% of the Company’s issued and outstanding shares.

The transaction is subject to the terms and conditions of the SPA and the applicable corporate, Philippine Stock Exchange, Securities and Exchange Commission, and other regulatory requirements and approvals.
Filed on behalf by:
Name Maria Anna Cristina De Jesus
Designation Assistant Vice President