C01380-2024

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)
Mar 12, 2024
2. SEC Identification Number
A199600179
3. BIR Tax Identification No.
004-6688-224
4. Exact name of issuer as specified in its charter
NOW CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 5-I, 5th Floor OPL Building, 100 C. Palanca Street, Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
+632 88102548
9. Former name or former address, if changed since last report
-
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 1,806,726,314
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.

Now CorporationNOW

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

Execution of Memorandum of Understanding between NOW Corporation and UltraPass Identity Asia, Inc.
Background/Description of the Disclosure

On 12 March 2024, NOW Corporation and UltraPass Identity Asia, Inc. have teamed up and executed a Memorandum of Understanding to offer decentralized identity solutions, aimed to safeguard critical infrastructure and enhance access to ICT systems and projects in the Philippines and the IndoPacific region. This partnership, bolstered by the NOW Group’s recent grant from USTDA for deployment of a trusted 5G network and nationwide broadband network, seeks to accelerate the adoption of biometric authentication and privacy-preserving data sharing, fostering social and economic growth while ensuring secure connectivity in the Philippines.

The MOU was signed during the US-PH Trade Mission led by U.S. Department of Commerce Secretary Gina Raimondo. Both NOW and UltraPass ID are poised to accelerate the adoption of biometric, reusable identity, and privacy-preserving data sharing to enhance security, access, and user experience. The US-PH Trade Mission is the largest to-date with investments from the US of US$1.0 billion.

The partnership between NOW Corporation and UltraPass ID will help achieve social and financial mobility, reduce inequality, improve health and education, spur economic growth for the Filipino people and provide trust and confidence to US companies to increase investment in the Philippines.
Other Relevant Information

The foregoing disclosure contains forward-looking statements and soft information that are based on the terms of the Company's partnership with UltraPass Identity Asia, Inc. and are subject to unforeseen events. Actual results could differ from those contemplated in the relevant forward-looking statements. All subsequent written and oral forward-looking statements attributable to the Company (or persons acting on behalf of the Company) are expressly qualified in their entirety by the above cautionary statements.

Attached are copies of SEC Form 17-C and the Press Release in connection with the subject matter.
Filed on behalf by:
Name Angeline Macasaet
Designation Corporate Secretary