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)

May 8, 2023

2. SEC Identification Number

1177

3. BIR Tax Identification No.

000-768-480-000

4. Exact name of issuer as specified in its charter

Globe Telecom, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

27/F, The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634

8. Issuer's telephone number, including area code

(02) 7797-2000

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 Shares	144,060,544
Total Debt (in Php Mn)	234,500

11. Indicate the item numbers reported herein

Please refer to the attached.

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.

Globe Telecom, Inc.GLO

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
"Additional 160 Towers Transferred To MIESCOR Infrastructure Development Corporation (MIDC) for ~Php1.9 billion. In Total, Globe Raised ~Php42.4 billion on its Tower Sale and Leaseback Deal; Closed a Total of 3,280 Towers Out of 7,506"
Background/Description of the Disclosure
Globe (PSE:GLO), a leading digital platform in the Philippines with major interests in telecommunications, financial technology, virtual healthcare, digital marketing solutions, corporate venture building, and most recently, climate technology, announced today that it has received ¿1.9 billion for the third closing of 160 towers acquired by MIESCOR Infrastructure Development Corporation (MIDC). These tower assets are composed of 123 ground-based towers and 37 rooftop towers. With this latest closing a total of 1,020 out of the 2,180 towers have been successfully transferred to MIDC.
Other Relevant Information
Please refer to the attached.