C07606-2026

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 26, 2026
2. SEC Identification Number
CS2011102137
3. BIR Tax Identification No.
007-979-726-000
4. Exact name of issuer as specified in its charter
Cirtek Holdings Philippines Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
116 East Main Avenue Phase V SEZ Laguna Technopark Binan Laguna Postal Code 4024
8. Issuer's telephone number, including area code
0495412310
9. Former name or former address, if changed since last report
-
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 668,505,825
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.

Cirtek Holdings Philippines CorporationTECH

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Cirtek Holdings Philippines Corporation Announces Sale of Cirtek Electronics Corporation to Sancode Semi Private Limited

Background/Description of the Disclosure

MANILA, PHILIPPINES – October 26, 2026 – Cirtek Holdings Philippines Corporation (“CHPC” or the “Company”; PSE: TECH), announced that its Board of Directors approved the sale of its entire ownership interest in Cirtek Electronics Corporation ("CEC") to Sancode Semi Private Limited ("Sancode"), an India-based private limited company, for a total purchase price of USD 20,200,000, subject to standard closing conditions.

Under the Share Purchase Agreement, the transaction involves the sale of 155,511,959 common shares representing 100% of the issued and outstanding capital stock of CEC. The purchase price consideration will be paid in cash by Sancode structured in two distinct tranches:

• First Tranche: USD 11,320,000.00, representing approximately 60% of CEC’s issued and outstanding shares, payable at Closing.
• Second Tranche: USD 8,880,000.00, representing approximately 40% of CEC’s issued and outstanding shares, payable within one year from the Closing Date, which shares shall be held in escrow until full payment is completed.

The Company intends to strategically deploy the proceeds to optimize its balance sheet and fuel future growth. A portion of the funds will partially settle the Company's outstanding bank loans to reduce overall debt, while the remainder will support the working capital requirements of Cirtek Advanced Technologies and Solutions Inc. (“CATSI”), CHPC's core remaining operating subsidiary.

Demonstrating a strong commitment to local continuity, Sancode intends to allocate an additional USD 2,000,000.00 for capital expenditure (CAPEX) to upgrade CEC’s equipment and expand operational capacity. In addition, Sancode will earmark USD 2,800,000.00 for an employee benefit plan designed to ensure the full retention of CEC’s existing workforce.

"This transaction represents an important milestone in CHPC's continuing effort to unlock value from its investments while strengthening our financial position”, said Brian Gregory Liu, EVP & CFO of CHPC. “The sale allows us to reduce debt, enhance liquidity, and focus our resources on strategic opportunities that will drive long-term growth. We are encouraged that this will bring additional foreign investment into the Philippines and support the continued modernization and expansion of CEC's operations under Sancode's ownership. We believe this outcome creates value for our stakeholders while supporting the long-term sustainability and competitiveness of our business."

Mark Wong, President of CATSI, emphasized the operational advantages: "We are excited about the opportunities this transaction creates for CATSI. The expected infusion of working capital will strengthen our ability to support ongoing operations, pursue growth initiatives, and better serve our customers. With a stronger financial foundation, CATSI will be in a better position to improve operational efficiency and capitalize on emerging market opportunities. We look forward to leveraging these additional resources to support our next phase of growth.”

As CHPC embarks on this next chapter, the Company remains committed to creating long-term value for its shareholders, employees, customers, and business partners. The transaction reflects CHPC's strategic focus on financial stability, supporting the continued growth of CATSI, and fostering greater investment in the Philippine semiconductor and technology industries.

Other Relevant Information

Please see the attached Press Release and the attached SEC Form 17-C.

Filed on behalf by:
Name Emelita Cruzada
Designation Chief Compliance Officer