C07406-2023

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)
Oct 11, 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
7F CENTERPOINT BUILDING, JULIA VARGAS AVENUE CORNER GARNET ROAD, 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

CENTURY PACIFIC GROUP COMPANIES, CNPF AND PIZZA,
HONORED FOR GOOD CORPORATE GOVERNANCE AT THE 2023 GOLDEN ARROW AWARDS
Background/Description of the Disclosure

Two Century Pacific Group-led companies, Century Pacific Food Inc., (PSE:CNPF) and Shakey’s Pizza Asia Ventures Inc. (PSE:PIZZA) received recognition from the Institute of Corporate Directors (ICD) at the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards Night.

CNPF is one of the Philippines’ leading food and beverage companies, while PIZZA is the country’s leading casual dining chain of restaurants and food service groups. The two companies, which are part of the Century Pacific Group of companies, were honored for their continuous adherence to the best corporate governance standards and practices among Filipino publicly listed companies.

The Golden Arrow Award is based on ACGS, which evaluates companies in several critical areas, including effectiveness in promoting shareholder rights and equitable treatment, their commitment to transparency and accountability, and the board's role in guiding the company's strategic direction and overseeing management in the interest of the company and its stakeholders.

CNPF, having received one Golden Arrow in last year's awards, garnered 3 Golden Arrows this year. CNPF Executive Chairman, Chris Po, expressed his gratitude, saying, 'We are truly honored by this recognition, especially as it signifies an improvement from the previous year. We always aspire to do right by our stakeholders, and this validates that the path we’re taking is in the right direction.”

PIZZA celebrated its first Golden Arrow Award, marking a significant milestone in its commitment to corporate governance. President and CEO, Vic Gregorio stated, “We are grateful for the trust of our shareholders and the guidance of our board of directors. This recognition underscores PIZZA’s dedication to excellence in all aspects of its operations. As we continue to expand and innovate, we remain firmly committed to upholding the utmost standards of corporate governance and aim to further improve moving forward.”

Both CNPF and PIZZA place a strong emphasis on the integration of sustainability principles within their corporate governance practices, which is why both companies have established Corporate Governance and Sustainability Committees which not only oversee the effective implementation of their sustainability frameworks but also conduct regular assessments of sustainability risks and opportunities.

Century Pacific established a 3P Sustainability Framework, focusing on Protein Delivery, Planet Preservation, and People Development. This includes initiatives to enhance product nutrition, practice sustainable fishing, and use renewable energy to reduce its emissions. It's also engaged in the Plastic Credit Exchange program for Net Zero Plastic Waste certification of its brands ahead of the Extended Producer Responsibility (EPR) law.

Shakey's sustainability framework revolves around People, Planet, and Pizza. They have initiated inclusive hiring programs for individuals with Down Syndrome and have collaborated with LGUs for senior citizens and specially-abled employment. They also recently partnered with Gawad Kalinga Enchanted Farm to directly source local potato farmers partner for Potato Corner Harvest Chips.

PIZZA is dedicated to reducing plastic waste and expanding healthier menu options through a partnership with PCX, committing 150MT of plastic credit ahead of EPR legislation.

“At Century and Shakey’s, corporate governance is interlaced with sustainable practices. We aim to create lasting positive impact to our stakeholders. Thus, beyond the numbers, our commitment to responsible stewardship extends to environmental and social responsibilities.” says Po.
Other Relevant Information

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