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)

Dec 13, 2023

2. SEC Identification Number

CS200315877

3. BIR Tax Identification No.

226-527-915

4. Exact name of issuer as specified in its charter

METRO RETAIL STORES GROUP, INC.

5. Province, country or other jurisdiction of incorporation

Cebu, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Vicsal Building, corner of C.D. Seno and W.O. Seno Sts., Guizo, North Reclamation Area, Mandaue City, Cebu Postal Code 6014

8. Issuer's telephone number, including area code

(032) 236-8390

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	3,248,425,000

11. Indicate the item numbers reported herein

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.

Metro Retail Stores Group, Inc.MRSGI

PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure
Metro Retail Stores Group, Inc. Share Buy-Back Transaction
Background/Description of the Disclosure
Share Buy-Back Transaction on December 13, 2023 During the Regular Meeting of the Board of Directors of MRSGI held on January 22, 2021, the Board of Directors of MRSGI has unanimously approved the Share Buy-Back Program of the Corporation in the amount of Php300,000,000.00.

Type of Securities

• Common
• Preferred-
• Others-

Details of Share Buy-Back Transaction(s)

Date of Transaction	Number of Shares Purchased	Price Per Share
Dec 13, 2023	71,000	1.22
	71,000

Effects on Number of Shares

	Before	After
Outstanding Shares	3,248,496,000	3,248,425,000
Treasury Shares	180,879,000	180,950,000

Cumulative Number of Shares Purchased to Date 1	180,950,000
Total Amount Appropriated for the Buy-Back Program	Php300,000,000.00
Total Amount of Shares Repurchased	Php254,118,415.01

Other Relevant Information
As a result of the share buy-back transaction made on December 13, 2023, the remaining balance of the amount for the Share Buy-back Program as of this date is Php45,881,584.99.

¹ From the date when the share buy-back program commenced.