C03750-2023

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
12397
3. BIR Tax Identification No.
000107026000
4. Exact name of issuer as specified in its charter
PHINMA Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1210
8. Issuer's telephone number, including area code
(632)8-8700100
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 shares 286,325,265
11. Indicate the item numbers reported herein
-

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.

Phinma CorporationPHN

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

Matters approved by the Board of Directors of PHINMA Corporation (PHN)
Background/Description of the Disclosure

Please be informed that at the meeting of the Board of Directors of PHINMA Corporation (the ”Company”) held today, May 11, 2023, the following matters were discussed and approved:

1. Financial results for the three-month period ended March 31, 2023. See attached write-up.

2. Purchase by the Company of the shares or investments of Philippine Investment Management (PHINMA) Inc. (“PHINMA, Inc.”) in the following companies.

The details on company description, PHINMA Inc.'s direct ownership percentage, transaction value and PHINMA Corporation's direct ownership percentage following the transactions are indicated in the attached SEC Form 17-C.

1. PHINMA Education Holdings, Inc.
2. PHINMA Property Holdings Corporation
3. PHINMA Hospitality, Inc.
4. PHINMA Microtel Hotels
5. ABCIC Property Holdings, Inc.

The transaction is part of the consolidation of the group’s strategic business units under PHINMA Corporation and will expand PHINMA Corporation’s exposure to these high-growth sectors.

The Board of Directors of PHINMA Corporation also approved the purchase of real estate properties from PHINMA, Inc. amounting to ¿507.1 million consisting of office floors/spaces in the PHINMA group’s office building, PHINMA Plaza located in Rockwell Center, Makati City.


3. Approval of a Stock Grant Plan covering senior officers of the Company and business unit heads of its subsidiaries and affiliates, with shares of the Company to be issued upon the achievement of long-term objectives by December 31, 2025, and under such terms and conditions approved by the Compensation Committee as administrator of the Plan may determine, and setting aside or allotting 10,000,000 new shares from unsubscribed shares of the Company for the Plan, subject to shareholders’ approval and approval of the Securities and Exchange Commission and, if required, the Philippine Stock Exchange.
Other Relevant Information

Please see the attached SEC Form 17-C and write up on the 1st quarter financial results.
Filed on behalf by:
Name Rolando Soliven
Designation Vice President - Group Corporate Assurance and Compliance Officer