C07362-2026

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)
Oct 12, 2026
2. SEC Identification Number
A199600179
3. BIR Tax Identification No.
004-668-224
4. Exact name of issuer as specified in its charter
NOW CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 1002 Cityland Pasong Tamo Tower, #2210 Don Chino Roces Avenue, Barangay Pio del Pilar, Makati City Postal Code 1230
8. Issuer's telephone number, including area code
+632 88102548
9. Former name or former address, if changed since last report
UNIT 5-I, 5TH FLOOR OPL BUILDING,100 C. PALANCA STREET, LEGASPI VILLAGE, MAKATI CITY
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 1,806,726,314
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.

Now CorporationNOW

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

Update on NOW Telecom Company, Inc.'s Supervision and Regulation Fees Assessment and Request for Review and Reconciliation
Background/Description of the Disclosure

NOW Corporation (the "Corporation") hereby informs the Exchange that, on October 12, 2026, it was formally furnished by NOW Telecom Company, Inc. ("NOW Telecom"), an associate of the Corporation, with a copy of the National Telecommunications Commission's ("NTC") demand letter dated September 9, 2026, assessing Supervision and Regulation Fees ("SRF") totaling approximately ₱4.043 billion, inclusive of principal amounts and penalties, net of payments reflected in the assessment.

The NTC demand required payment on or before September 30, 2026.

NOW Telecom has disputed the basis of the assessment and, through its letter dated October 9, 2026, addressed to the Department of Information and Communications Technology ("DICT") and the NTC, requested a year-by-year review, recomputation, and reconciliation of the SRF assessments beginning 2005.

The request principally concerns discrepancies between the capital amounts reflected in NOW Telecom's audited financial statements and those applied in the NTC's assessment, particularly the treatment of Additional Paid-in Capital following changes in NOW Telecom's capital structure.

NOW Telecom has likewise requested that collection or enforcement action involving the disputed portions of the assessment be held in abeyance pending review and reconciliation. There is no representation that this request has been granted.

The Corporation clarifies that the assessment is directed against NOW Telecom, a separate juridical entity, and not against NOW Corporation. The assessed amount therefore does not, by itself, represent a direct liability of NOW Corporation.

Nevertheless, considering NOW Corporation's investment in NOW Telecom, management recognizes that material developments affecting NOW Telecom's financial position and future cash flows may have implications for the valuation and recoverability of the Corporation's investment.

NOW Corporation will evaluate relevant developments and their potential financial reporting implications in accordance with applicable accounting standards.

The Corporation will make the appropriate additional disclosures should there be material developments arising from the NTC's review and reconciliation of the assessment or other related regulatory actions.
Other Relevant Information

The NTC demand letter dated September 9, 2026 references the Supreme Court Resolution dated April 21, 2026, involving NOW Telecom and the NTC.
The ₱4.043 billion amount represents the assessment contained in the subsequent NTC demand letter and should not be interpreted as an amount expressly specified in the Supreme Court Resolution.
NOW Telecom's October 9, 2026 letter disputes the assessment's computation and requests regulatory reconciliation without admission of the correctness of the amount demanded.
This disclosure is made for the information of the investing public and should not be construed as an admission by NOW Corporation of direct liability for the amount assessed against NOW Telecom.

Please refer to the attached SEC Form 17-C for further information.
Filed on behalf by:
Name Maria Jerzy Aprille Torres
Designation Corporate Secretary and Acting Compliance Officer