C08024-2026

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)
Nov 10, 2026
2. SEC Identification Number
845
3. BIR Tax Identification No.
000-508-536-000
4. Exact name of issuer as specified in its charter
Solid Group Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2285 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(02) 8843-1511
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 1,821,542,000
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.

Solid Group, Inc.SGI

PSE Disclosure Form 4-22 - Joint Ventures References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Incorporation of a joint venture company (JV Company) in Singapore by Brilliant Reach Limited (BRL) in partnership with MSRenewable Investment Holding Limited (MSR), a company with Singaporean investors

Background/Description of the Disclosure

BRL will have an investment of US Dollars: Twenty Million (US$20,000,000.00.00), representing a fifty percent (50%) equity stake at the joint venture company. The JV Company will develop, own and operate a manufacturing facility in the Philippines for solar photovoltaic (PV) cells and modules, and related products, intended for export.

Date of Approval by Board of Directors Nov 10, 2026
Date of Approval by Stockholders, if applicable N/A
Description and nature of the transaction including the timetable for implementation, and related regulatory requirements

Description and nature of the transaction: The JV Company will develop, own and operate a manufacturing facility in the Philippines for solar photovoltaic (PV) cells and modules, and related products, intended for export.
Timetable: TBD

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The Company aims to participate in the growing markets for renewable energy products that will provide additional revenue streams and long-term growth, opportunities.

Terms and conditions of the joint venture
Amount of investment and/or interest by the parties involved

Total equity investment shall be US Dollars: Forty Million (US$40,000,000.00.00) of which the equity investment of BRL and MSR shall be US Dollars: Twenty Million (US$20,000,000.00.00) each with 50-50 equity stake.

Provisions on profit-sharing, arrangements on management and operations

TBA

Conditions precedent to closing of transaction, if any

Remittance of US Dollars: Forty Million (US$40,000,000.00.00), by BRL and MSR to the joint venture company subject to the necessary regulatory approvals.

Other salient features of the joint venture agreement

N/A

Identity and/or corporate background of the parties to the transaction, including the following
Name Nature of Business Nature of any material relationship with the Issuer and the parties to the joint venture, their directors/officers or any of their affiliates
Brilliant Reach Limited (BRL) Investment holding company Brilliant Reach Limited is a wholly-owned foreign subsidiary of Solid Group Inc. (SGI)
MSRenewable Investment Holding Limited Investment holding company Partner in the Joint Venture
Effect(s) on the business, financial condition and operations of the Issuer, if any

It is expected to broaden the Company's investment portfolio with potential financial returns dependent on the successful development and operating performance of the Joint Venture.

Other Relevant Information

The Board of Directors has approved a cash capital infusion of US Dollars: Eight Million (US$8,000,000.00) into SGI's wholly-owned foreign subsidiary, Brilliant Reach Limited at its meeting held today, November 10, 2026. The subsidiary will combine this amount with US Dollars: Twelve Million US$12,000,000.00 from its existing internal cash reserves, for a total investment of US Dollars: Twenty Million (US$20,000,000.00) in the joint venture company.

Filed on behalf by:
Name Annabella Orbe
Designation SVP & Chief Accounting Officer