C02147-2024

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)
Apr 12, 2024
2. SEC Identification Number
A199600179
3. BIR Tax Identification No.
004-668-224
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
(02) 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

NOW Telecom Company, Inc.'s Cyber-digital Partnerships.
Background/Description of the Disclosure

Following the historic trilateral meeting on 12 April 2024 (Manila time) among US President Joe Biden, Japanese Prime Minister Fumio Kishida and President Ferdinand Marcos Jr., the White House in a statement underscored the historic achievements in bilateral relations between the Philippines and the United States since President Biden and President Marcos last met in May 2023. The leaders welcomed recent milestones in advancing their clean energy and technology partnership. In terms of technology partnership, the field of cyber-digital cooperation was highlighted. The United States and the Philippines plan to hold their first bilateral Cyber-Digital Dialogue in July 2024 in Washington. This dialogue focuses on helping strengthen the Philippines’ resilience against cyber intrusions from state-backed and criminal organizations and advance an open, interoperable, secure, reliable, and trusted information communications technology ecosystem in the Philippines. Supporting this work, the U.S. Trade and Development Agency is providing a grant to NOW Telecom Company, Inc., an associate of NOW Corporation, for a feasibility study to help develop a secure nationwide 5G network in the Philippines utilizing equipment from trusted vendors. The project objective is threefold, involving key infrastructure components: first, to design and implement a pilot 5G SA network in Metro Manila; second, to design a nationwide stand-alone 5G wireless network; third, to design and plan for a nationwide broadband network. The project advances priorities of the




Partnership for Global Infrastructure and Investment and the Indo-Pacific Economic Framework, with the goal of developing, expanding, and deploying secure digital infrastructure to power economic growth and facilitate open digital societies. In terms of supporting the initiative of providing secure and reliable networks, NOW Telecom earlier signed a Memorandum of Understanding with Rakuten Symphony (part of the Rakuten Group, a technology conglomerate based in Tokyo) to establish a collaborative framework for the deployment of a 5G Open RAN Pilot deployment in the Philippines. Under the terms of the agreement, Rakuten Symphony and NOW Telecom will collaborate with the aim of developing disaggregated networks and open interfaces in the South-East Asian country. Both Parties will contribute expertise, resources, and technology to jointly develop 5G and related ICT solutions for NOW Telecom’s network. Furthermore, the companies will work together to introduce Rakuten’s ICT services to the Philippine market, with Rakuten Group having a strong presence in the Philippines through its leading instant messaging app, Rakuten Viber. The Open RAN project in collaboration with Rakuten does not negatively impact the previously-disclosed undertakings with Korea's SK Telecom, Vietnam's Viettel, One Web or ongoing discussions with other telecom and technology companies.
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 USTDA and Rakuten Symphony 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 is a copy of SEC Form 17-C in connection with the subject matter.
Filed on behalf by:
Name Angeline Macasaet
Designation Corporate Secretary