C04256-2023

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 29, 2023
2. SEC Identification Number
30354
3. BIR Tax Identification No.
287191423000
4. Exact name of issuer as specified in its charter
DoubleDragon Corporation
5. Province, country or other jurisdiction of incorporation
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
DD Meridian Park Bay Area Brgy 76 Zone10, San Rafael, Pasay City, Metro Manila, Philippines Postal Code 1302
8. Issuer's telephone number, including area code
+63288567111
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 2,345,028,600
Preferred 100,000,000
Total Debt (In Millions of Pesos) 56,047.60
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.

DoubleDragon CorporationDD

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

Hotel101 Global partners with Frankfurt Germany founded Emma Sleep as its Official Mattress Provider

Hotel101-Fort slated to begin operations in July 2023 to start providing Emma Sleep comfort

Hotel101-Fort is set to become the largest hotel in BGC/Fort area with 606 rooms
Background/Description of the Disclosure

About Hotel101 Global x Emma Sleep strategic partnership:

May 29, 2023 – Today, DoubleDragon Corporation subsidiary Hotel101 Global Pte. Ltd. (“Hotel101 Global”) signs a Partnership Agreement with Emma — The Sleep Company (“Emma Sleep”) to be the official mattress provider to all upcoming Hotel101 projects globally.

As stated in the Partnership Agreement, Hotel101 Global will include the Emma Original mattresses as part of the features and amenities of all upcoming Hotel101 HappyRooms globally.

“This initiative of enhanced comfort inside Hotel101’s signature HappyRoom is because we believe that in any hotel the ‘bed’ simply holds the longest touch point with our guests, and delighting you is Hotel101's top priority,” said Hotel101 Chairman Edgar “Injap” Sia II.

“Hotel101 believes in delivering unbeatable value to its customers and what better way to deliver that value to our customers than–- a better night’s sleep! As such, we are partnering with world-renowned companies with similar values that can cater to Hotel101s aspiration to become one of the Top 5 hotel brands globally with a total room portfolio exceeding 500,000 uniform rooms operating in 100 countries by 2040,” said Hotel101 CEO Hannah Yulo-Luccini.

About Hotel101-Fort:

Hotel101-Fort is slated to begin operations on July 2023 and is set to become the largest hotel in BGC/Fort area with its 606 rooms, 33 floors with 5 basement levels of parking space.

Hotel101-Fort is about 2 minutes walk to SM Aura Mall BGC and about 3 minutes walk to Ayala Market Market Mall BGC.

The facilities and amenities of Hotel101-Fort will include a concessionaire-operated all-day dining restaurant, 24-hour convenience store, a fitness gym, swimming pool and conference meeting rooms.
Other Relevant Information

About Hotel101 Global Pte. Ltd.:

The Singapore registered Hotel101 Global Pte. Ltd. (“Hotel101 Global”), is the worldwide hotel expansion subsidiary of Philippine parent company DoubleDragon Corporation.

DoubleDragon targets to list its subsidiary Hotel101 Global Pte Ltd at NASDAQ (US Stock Exchange) given that eventually Hotel101 Global is expected to derive over 95% of its revenues outside the Philippines.

The first three overseas Hotel101 projects will be in Niseko Hokkaido Japan, Madrid Spain, California USA. These first three overseas sites will serve as bridge projects to jumpstart the transition of Hotel101 to transcend beyond these first three countries and become a global brand with a truly unique business concept that can be planted in over 100 countries.

Target near term expansion roadmap for Hotel101 Global is to be in these first 25 countries by 2026 namely: Philippines, Japan, Spain, USA, United Kingdom, UAE, India, Thailand, Malaysia, Vietnam, Indonesia, Saudi Arabia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France and China.
Filed on behalf by:
Name Jose Roelph Desales
Designation Investor Relations Head