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)

Nov 10, 2023

2. SEC Identification Number

PW-277

3. BIR Tax Identification No.

000-060-741-000

4. Exact name of issuer as specified in its charter

SAN MIGEL CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, Philippines Postal Code 1550

8. Issuer's telephone number, including area code

(632) 8 632-3000

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

N/A

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
SMC	2,383,896,588
SMC2F	223,333,500
SMC21	169,333,400
SMC2J	266,666,667
SMC2K	183,904,900
SMC2M	173,333,325

11. Indicate the item numbers reported herein

Item 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.

San Miguel CorporationSMC

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
SEC Order dated 09 November 2023 and Permit to Sell for the Offering of Series 2 Preferred Shares – Subseries “L”, “N” and “O”
Background/Description of the Disclosure
The Company is submitting to the Exchange a copy of the Order dated 09 November 2023 issued by the Securities and Exchange Commission for the shelf registration of up to 866,666,700 Series “2” Preferred Shares, and the corresponding Permit to Sell for the initial tranche consisting of up to 666,666,700 Series “2” Preferred Shares consisting of a base offer of 400,000,000 Series “2” Preferred Shares with an oversubscription option of up to 266,666,700 Series “2” Preferred Shares, to be issued in Subseries “2-L”, “2-N” and “2-O”.
Other Relevant Information
The Final Shelf Prospectus and the Offer Supplement can be viewed at: https://www.sanmiguel.com.ph/disclosures/smc-65-billion-shelf-registration-and-public-offering-of-series-2-preferred-shares For inquiries on the Offer, the public may get in touch with any of the contact persons, as per attached. A copy of the SEC-FORM-17 C is attached for filing with the SEC.