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 31, 2023

2. SEC Identification Number

51048

3. BIR Tax Identification No.

000-053-167-000

4. Exact name of issuer as specified in its charter

FILINVEST DEVELOPMENT CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Beaufort, 5th Avenue Corner 23rd Street, Bonifacio Global City, Taguig City 1634, Metro Manila Postal Code 1634

8. Issuer's telephone number, including area code

7798-3977

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, P1.0 par value	8,648,462,987

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 Development CorporationFDC

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
Result of the Regular Meeting of the Board of Directors
Background/Description of the Disclosure
Please be informed that the Board of Directors of Filinvest Development Corporation (“FDC”) approved today, 30 May 2023 the following: 1. Appointment of Mr. Ysmael V. Baysa as Chief Operating Officer of FDC Mr. Baysa has worked in the consumer sector in the fields of Accounting and Finance. He brings with him several years of experience working on the local and international operations of Procter & Gamble and Jollibee Foods Corporation. At P&G, he occupied various local and regional positions the most notable of which is as Head of its Finance function for the Philippines, Malaysia and Singapore. More recently, he was Chief Finance Officer of JFC, one of Asia’s largest restaurant companies with 18 brands and 6,250 restaurant outlets, with presence in 34 countries. Currently, he is a Trustee and the Treasurer of the Jollibee Group Foundation. 2. Appointment of Mr. Daniel Ang Tan Chai as Chief Investment Officer (SVP) of FDC Mr. Ang Tan Chai is FDC’s former Deputy Chief Finance Officer. Prior to joining FDC, he was Executive Vice-President and Chief Finance Officer of Philippine Bank of Communications. He also served as Senior Vice-President and Chief Finance Officer for Philippine Airlines, and Air Philippines Express, First Vice-President and Chief Finance Officer of Metrobank Card Corporation, and Financial Control of Global Consumer Bank of Citibank, N.A. - Philippines.
Other Relevant Information
This disclosure is being amended to reflect the revised credentials of Mr. Ysmael V. Baysa