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)

Oct 1, 2026

2. SEC Identification Number

16342

3. BIR Tax Identification No.

000-169-020-000

4. Exact name of issuer as specified in its charter

SM Investments Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor, OneE-com Center, Harbour Drive, Mall of Asia Complex, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

0288570100

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	1,209,936,100

11. Indicate the item numbers reported herein

Item 9. Other Events

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.

SM Investments CorporationSM

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Article entitled “SM adds Landers to shopping cart”

Source	Inquirer Plus
Subject of News Report	SM adds Landers to shopping cart
Date of Publication	Oct 1, 2026

Clarification of News Report
Ladies and Gentlemen: We reply to the request for clarification of The Philippine Stock Exchange, Inc. on the news article entitled “SM adds Landers to shopping cart” which was posted on Inquirer Plus on October 1, 2026. In the said news article, it was reported in part that: “The SM group may have built the biggest retail empire in the country, but there are still certain pockets in the retailing space that it has yet to claim as its stomping ground. That may change soon—and we mean very soon. . . . . Reliable industry sources intimated to Biz Buzz that SM and private equity firm CVC Capital Partners are currently in the thick of discussions on the buyout of the latter’s stake in Southeast Asia Retail Inc., operator of Landers Superstore. CVC, which came in as a strategic partner of Landers founder Lowell Yu by subscribing to a convertible bond in 2021, is ready to exit after five years. And after knocking on many doors, it seems that SM group sees value in picking up the IOU. Our sources estimate that the convertible bond gives an equivalent 49-percent economic interest. Including interest, SM is estimated to shell out almost $200 million to gain a foothold in Landers. If and when finalized, the deal could give the SM group a backdoor entry to membership shopping and extend a lifeline to Landers, a once high-flying challenger. . . . .” SM Investments Corporation (SMIC) cannot confirm the information in the news article as it is not the source of information cited in the article. SMIC does however confirm that it is not currently in any discussions or negotiations with Landers and its shareholders. Thank you.
Other Relevant Information
Please see attachment.