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)

May 2, 2023

2. SEC Identification Number

14829

3. BIR Tax Identification No.

000-164-757

4. Exact name of issuer as specified in its charter

Shell Pilipinas Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

41st Floor, The Finance Center, 26th Street corner 9th Avenue Bonifacio Global City, Brgy. Fort Bonifacio Taguig City, Metro Manila Postal Code 1635

8. Issuer's telephone number, including area code

+63234994001

9. Former name or former address, if changed since last report

Pilipinas Shell Petroleum Corporation

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	1,613,444,202

11. Indicate the item numbers reported herein

Item 9 - Other Events

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.

Shell Pilipinas CorporationSHLPH

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
Decision dated 27 April 2023 of the Court of Tax Appeals regarding SHLPH's alkylate case
Background/Description of the Disclosure
On 02 May 2023, SHLPH received a copy of the Decision dated 27 April 2023 of the Court of Tax Appeals Special Second (2nd) Division, which ruled that Alkylate is not subject to excise tax and granted SHLPH’s Amended Petition for Review dated 05 October 2012. The Court of Tax Appeals invalidated Document No. M-059-2012 dated 29 June 2012 issued by the Commissioner of Internal Revenue as well as the Letter dated 01 October 2012 of the Collector of Customs of the Port of Batangas which sought to impose taxes on SHLPH’s previous alkylate importations. Thus, the Court of Tax Appeals prohibited the government from collecting, in any manner, excise taxes and value-added tax on SHLPH’s Alkylate importations.
Other Relevant Information
Kindly refer to our attached SEC Form 17-C.