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

14829

3. BIR Tax Identification No.

000-164-757

4. Exact name of issuer as specified in its charter

Shell Pilipinas Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

41st Floor, The Finance Center, 26th Street corner 9th Avenue, Bonifacio Global City, Brgy. Fort Bonifacio Taguig City, Metro Manila Postal Code 1635

8. Issuer's telephone number, including area code

63234994001

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	1,613,444,202

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.

Shell Pilipinas CorporationSHLPH

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
Shell Pilipinas returns to positive core earnings in Q3, narrows nine-month loss
Background/Description of the Disclosure
Manila, Philippines – Shell Pilipinas Corporation (PSE:SHLPH, “SPC” or “the Company”) returned to positive core earnings in the third quarter, helping reduce its reported net loss to Php929 million for the first nine months of 2026, from Php2.7 billion at the end of the first half, as improved third-quarter performance helped offset part of the significant disruption experienced earlier in the year. The Company returned to positive core earnings in the third quarter, reducing its year-to-date core net loss to Php1.7 billion. Total sales volumes remained broadly stable year-on-year despite continued volatility in the operating environment. Free Cash Flow stood at a Php151 million deficit through September, while gearing ended the period at 54%, keeping earnings recovery and cash generation among the Company’s key priorities.
Other Relevant Information
N/A