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 17, 2023

2. SEC Identification Number

170957

3. BIR Tax Identification No.

000-533-224

4. Exact name of issuer as specified in its charter

FILINVEST LAND, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 79 EDSA, Highway Hills, Mandaluyong City, Metro Manila Postal Code 1550

8. Issuer's telephone number, including area code

(632) 7918-8188

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

Not applicable

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	24,249,759,506
Preferred	8,000,000,000

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.

Filinvest Land, Inc.FLI

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
Approval of the Long-Term Incentive Plan
Background/Description of the Disclosure
Pursuant to the delegated authority approved by the shareholders of Filinvest Land, Inc. (“FLI” or the “Company”) on 22 April 2022, the Compensation Committee approved the terms and conditions of the Long-Term Incentive Plan (“Plan”), including the (i) eligibility; (ii) administration; (iii) participating shares; (iv) vesting periods; (v) conditions for the grant; (vi) consequences of retirement, death or separation of eligible participants; ( vii) suspension or termination of the Plan; and (viii) other conditions. The objectives of the Plan are as follows: • To facilitate retention of key talents • To recognize consistent high performance and distinctive achievement of individuals • To encourage top performers to continue their track record of performance and to motivate them towards greater productivity and concern for the Company’s well-being. The CEO and the Compensation Committee shall administer the Plan. The Plan shall be made effective upon approval by the SEC until the expiry of the Granting Period as defined in the Plan.
Other Relevant Information
None