C04683-2023

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)
Jun 15, 2023
2. SEC Identification Number
CS201320778
3. BIR Tax Identification No.
008-647-589
4. Exact name of issuer as specified in its charter
CENTURY PACIFIC FOOD, INC.
5. Province, country or other jurisdiction of incorporation
PASIG CITY, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7/F Centerpoint Bldg. Julia Vargas Ave. corner Garnet Rd., Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
+632-8633-8555
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 3,542,258,595
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.

Century Pacific Food, Inc.CNPF

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

CNPF’S UNMEAT GAINS TRACTION IN THE UNITED STATES;
ENTERS ALBERTSONS WITH NEW ALT CHICKEN STYLE CHUNKS
Background/Description of the Disclosure

2023 JUNE – Century Pacific Food, Inc. (PSE:CNPF), one of the leading food and beverage manufacturers in the Philippines, expands plant-based brand unMEAT’s availability in the United States with its entry into Albertsons.

Among the top food and drug retailers in the United States, Albertsons has a strong local presence in 34 states. unMEAT is rolling out in close to 2,000 Albertsons outlets in a bid to expand its reach and increase market accessibility.

The Brand comes in with a range of plant-based meat alternatives – Luncheon Meat Style, Burger-Style Luncheon Meat, and the new Chicken Style Chunks, all priced at parity to meat analogs.

unMEAT Chicken Style Chunks is the latest among the brand’s innovations. It’s a versatile chicken alternative made entirely of plant-based ingredients, primarily non-GMO soy-based proteins. It has no cholesterol and is a good source of fiber and protein.

Christopher Po, Executive Chairman of CNPF, said, “We are pleased with the trajectory of our plant-based business. While still in their early days, unMEAT’s latest innovations in the space are penetrating more mainstream retailers such as Albertsons and gaining traction onshelf. We’re seeing this trend develop in other key markets as well.”

More recently, the category has come under scrutiny after all the hype these past couple of years. According to Po, CNPF remains committed to growing the business despite these developments.

“Two major factors are driving us in this pursuit. One, we believe that long-term trends remain. Consumers still want healthier and more sustainable food options, and we believe plant-based alternatives have a role to play in serving this need. Two, we see ourselves as a protein delivery company. We have the capability to build this vertical, learning along the way, and, hopefully, we can democratize the category in the process,” Po said.

He added, “This will be a long game. Much education and innovation are needed, so we are being patient, growing with the category by being methodical and deliberate with our choices.”

CNPF forayed into the plant-based business in 2020, where unMEAT had its institutional launch through an affiliate company, Shakey’s Pizza Asia Ventures, Inc. (PSE:PIZZA). Soon after, in 2021, unMEAT entered the domestic retail market and began its international rollout in select markets. Since then, unMEAT has expanded its footprint in mainstream retailers such as Walmart, Harris Teeter, HEB, and Meijer in the US, Carrefour in the UAE, and FairPrice in Singapore.
Other Relevant Information

Refer to attachment.
Filed on behalf by:
Name Richard Kristoffer Manapat
Designation Chief Information Officer