| C07306-2026 |
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
|---|---|---|
| Common | 201,057,609 |
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Kepwealth Property Phils., Inc.KPPI| Subject of the Disclosure |
|---|
Change in External Auditor for the Fiscal year ending December 31, 2026 |
| Background/Description of the Disclosure |
On Oct 8, 2026 the Board of Directors of Kepwealth Property Philippines, Inc., upon the prior recommendation of the Audit Committee, approved the appointment of Diaz Murillo Dalupan and Company ( "DMD" )as the Company's new independent external auditor for the audit of its financial statements for the fiscal year ending December 31, 2026, replacing R.S. Bernaldo & Associates ( "RSBA" ) . The engagement of DMD is effective Oct. 8, 2026. The appointment of DMD will be submitted to the stockholders for confirmation and ratification at the next stockholders meeting. |
| Date of Approval by Board of Directors | Oct 8, 2026 |
|---|---|
| Date of Approval by Stockholders | TBA |
| Previous External Auditor | R.S. Bernaldo & Associates |
| New External Auditor | Diaz Murillo Dalupan and Company ( DMD ) |
| Effective Date of Engagement of New External Auditor | Oct 8, 2026 |
| Rationale for Replacement |
|---|
The change follows the Company's review of its external audit arrangements and is intended to strengthen corporate governance, audit quality, timeliness of financial and regulatory reporting, and support for the reportorial requirements applicable to a publicly listed company. In recommending DMD, the Audit Committee considered the firm's professional qualifications, independence, resources, relevant experience, and ability to support the Company's SEC and PSE reporting requirements. |
| Other Relevant Information |
DMD will perform the external auditor certification relating to the Company's Q3 2026 Disbursement of Proceeds and Progress Report as of September 30, 2026. |
| Name | John Catindig |
|---|---|
| Designation | Chief Information Officer and Compliance Officer |