C05446-2023

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Fruitas Holdings, Inc.FRUIT

PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Disbursement of Proceeds and Progress Report for the quarter ending June 30, 2023
Background/Description of the Disclosure

We hereby submit the Disbursement of Proceeds and Progress Report for the 2nd Quarter of 2023. Fruitas Holdings Inc. (“Company”) realized proceeds from the Initial Public Offering (“Offer”) of 533,660,000 common shares at an offer price of Php1.68 per share on 29 November 2019 with the total Offer proceeds of Php896,548,800.

For the quarter ending June 30, 2023, the company has a total disbursement of Php 6,946,178 used for store network expansion, introduction of new concept and commissary expansion. As of June 30, 2023, the Company has used up all IPO Offer Proceeds.
Other Relevant Information

Please refer to the attached report with the Auditor's Certification.
Filed on behalf by:
Name Lerma Fajardo
Designation Deputy CFO & Comptroller