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SBS Philippines CorporationSBS

PSE Disclosure Form 17-4 - Request for Extension to File SEC Form 17-Q
References: SRC Rule 17, SEC Memorandum Circular No. 7 Series of 2008 and
Section 17.2 and 17.8 of the Revised Disclosure Rules.

For the period ended	Mar 31, 2020
Deadline of Submission of Quarterly Report	May 15, 2020

Reason for requesting extension to submit Quarterly Report

In compliance with the Notice issued by the SEC today, July 3, 2020, we hereby update our previous disclosure and submit our SEC Form 17-L, notifying the public of our inability to file the Company's SEC Form 17Q for the period ending March 31, 2020 and file the same on or before July 8, 2020. -- In compliance with Securities and Exchange Commission (“SEC”) Memorandum Circular No. 5 Series of 2020 (subsequently amended by virtue of a Notices issued by the SEC on March 18, 2020 and April 3, 2020), SBS Philippines Corporation ("Company") hereby files SEC Form 17 LC, notifying the SEC, the Exchange, and the public of the inability to file on time the Company’s Quarterly Financial Report (SEC Form 17Q) for the Period ending March 31, 2020.The reason for such inability to file is due to the enhanced community quarantine implemented by reason of the COVID 19 Pandemic.

Other Relevant Information
Please see attached.

The Company undertakes to submit the report within five (5) calendar days after the prescribed deadline or upon submission of the report to the Securities and Exchange Commission, whichever is earlier. The Company understands that failure to comply with the undertaking may result to the imposition of applicable penalty/ies and/or sanction/s.