C03674-2023

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 11, 2023
2. SEC Identification Number
ASO95002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3RD FLOOR DACON BLDG. 2281 CHINO ROCES AVENUE, MAKATI CITY Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8888 3000
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 13,277,470,000
PREFERRED 960
11. Indicate the item numbers reported herein
ITEM NO. 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.

DMCI Holdings, Inc.DMC

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

Maynilad signs the Amendments to the Revised Concession Agreement (“RCA”) with the MWSS
Background/Description of the Disclosure

Maynilad Water Services, Inc. (“Maynilad”) (an affiliate of DMCI Holdings, Inc.) and the Metropolitan Waterworks and Sewerage System (“MWSS”) signed on 10 May 2023 the Amendments to the RCA, the effectivity of which retroacts to 29 June 2022.

The amendments are intended, in part, to align some of the RCA provisions with the revised implementing rules and regulations of the Build Operate Transfer Law (Republic Act No. 6957 as amended by Republic Act No. 7718), consistent with the government’s efforts to reinvigorate public-private partnerships.

Among the amendments to the RCA include the following:

• Adjustment in the Consumer Price Index factor or “C” from 2/3 to ¾ of the percentage change in the Consumer Price Index for the Philippines;

• Reinstatement of the Foreign Currency Differential Adjustment (“FCDA”), but only with respect to the (a) MWSS loans that are being and will be serviced by Maynilad, (b) principal payments for drawn and undrawn amounts of Maynilad’s foreign currency denominated loans existing as of 29 June 2022;

• Introduction of a modified FCDA for Maynilad loans contracted after 29 June 2022, but which mechanism may be availed of only when there is an “extraordinary inflation” or “extraordinary deflation” of the Philippine Peso (i.e., more than 20% change in the base exchange rate), and the amount that may be recovered is capped;

• Exclusion of certain events from what may not be considered as Material Adverse Government Action such as the amendment of existing rules, regulations, and other issuances resulting from acts of the legislative and judicial branches of government and delay or inaction by the Regulatory Office on applications relating to rate adjustments filed by the Concessionaire; and

• Deletion of the composition and decisions of the Regulatory Office from what may not be subject to arbitration.

Along with the Amendments to the RCA, the Republic issued on 10 May 2023 the Undertaking Letter in the form agreed on by the Parties. The Undertaking Letter’s effectivity retroacts to 1 July 2022.

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Other Relevant Information

None.
Filed on behalf by:
Name Herbert Consunji
Designation Executive Vice President & Chief Finance Officer