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)

Nov 10, 2026

2. SEC Identification Number

AS094-000088

3. BIR Tax Identification No.

003-058-789

4. Exact name of issuer as specified in its charter

SM PRIME HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7/F MOA Square, Seashell Lane cor. Coral Way, Mall of Asia Complex, Brgy. 76 Zone 10, CBP 1-A, Pasay City, Metro Manila, Philippines Postal Code 1300

8. Issuer's telephone number, including area code

0288311000

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 STOCK, P1 PAR VALUE	28,429,129,294
DEBT SECURITIES – RETAIL BOND	127,896,480,000

11. Indicate the item numbers reported herein

ITEM # 9, LETTER B

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 Prime Holdings, Inc.SMPH

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
News Clarification on the news article in bworldonline.com published on November 9, 2026 entitled “SM Prime eyes up to P100 billion in 2027 capex”

Source	bworldonline.com
Subject of News Report	SM Prime eyes up to P100 billion in 2027 capex
Date of Publication	Nov 9, 2026

Clarification of News Report
Gentlemen: This refers to the news article in bworldonline.com published on November 9, 2026 entitled “SM Prime eyes up to P100 billion in 2027 capex”, which states: “SM Prime Holdings, Inc. is considering capital expenditures (capex) of up to P100 billion in 2027, with the listed property developer prioritizing ongoing mall developments and redevelopments amid weak residential demand and economic uncertainty. ‘We remain confident in the long-term prospects of our portfolio, and we will continue to invest across all businesses. We expect capital spending in 2027 to be roughly in line with this year, around P60 billion, or P80-100 billion marks,’ SM Prime President Jeffrey C. Lim said at a media briefing on Monday. . . . .” In view of the foregoing, SMPH is hereby directed to clarify and/or confirm the information stated in the above-quoted news article, including, but not limited to: 1. The reported capital expenditure budget of PHP80 billion to PHP100 billion for 2027, and whether the same has been approved by the Company’s Board of Directors; 2. Whether the reported capital expenditure budget of PHP80 billion to PHP100 billion for 2027 is consistent with or represents an increase from the Company’s projected capital expenditure of approximately PHP60 billion for 2026; 3. The expected impact of the planned capital expenditures on the Company’s business, operations, and/or financial condition, if any; and 4. Whether there are any other material information relating to the foregoing that have not yet been disclosed to the Exchange. In response to the above-mentioned news article and the Exchange’s queries, SM Prime would like to state that: 1. We expect the 2027 capital expenditure to be in the range on PHP80bn to PHP100bn. 2. Rest assured that the Company will timely submit to the Exchange material information required to be disclosed.
Other Relevant Information
Very truly yours, John Nai Peng C. Ong Chief Finance Officer