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 11, 2026

2. SEC Identification Number

51048

3. BIR Tax Identification No.

000-053-167-000

4. Exact name of issuer as specified in its charter

FILINVEST DEVELOPMENT CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig City Postal Code 1634

8. Issuer's telephone number, including area code

(623) 7798-3977

9. Former name or former address, if changed since last report

Not applicable

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	8,648,462,987
Preferred A	2,310,015
Preferred B	5,689,985

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.

Filinvest Development CorporationFDC

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
Filinvest to Establish a Captive Insurance Company to Upgrade Risk and Insurance Management
Background/Description of the Disclosure
Please be informed that the Board of Directors of Filinvest Development Corporation (“FDC” or the “Corporation”) approved in its meeting held on November 11, 2026, the repurposing of Filinvest Development Cayman Islands (“FDCI”), a wholly owned subsidiary based in Cayman Islands. Its purpose will include operating as an insurance company for the entities in the Filinvest Group of Companies. This change is subject to completion of regulatory filings and approval, including licensing by the Cayman Islands Monetary Authority (“CIMA”). The FDC Board also authorized its Management to undertake the actions required to establish and implement the proposed captive insurance operations. The establishment of a captive insurance company is part of the Group's efforts to upgrade its risk and insurance management. It aims to elevate its risk analysis, implement even more effective risk mitigation and loss prevention, ensure there will be sufficient insurance cover for its power business, and optimize the total cost of risk through a combination of risk retention, insurance cover by commercial insurers and by its captive insurance.
Other Relevant Information
Please see attached.