C08035-2023

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
CS201000985
3. BIR Tax Identification No.
007-582-936
4. Exact name of issuer as specified in its charter
SFA SEMICON PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Panday Pira Avenue, corner Creekside Road, Clark Freeport Zone, Pampanga Postal Code 2009
8. Issuer's telephone number, including area code
045-499-1745
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 Shares 2,070,347,111
11. Indicate the item numbers reported herein
7 items

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.

SFA Semicon Philippines CorporationSSP

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 Regular Meeting of Board of Directors (November 10, 2023)
Background/Description of the Disclosure

The Board of Directors of SFA Semicon Philippines Corporation (“SSP” or the “Corporation”), at its regular meeting held today, approved the following:
1.Reports/Recommendations of the Audit Committee
a.Approval of the 2023 Audit Plan by SyCip Gorres Velayo and Co.
b.Approval of (i) the Unaudited Interim Condensed Financial Statements as of September 30, 2023, and (ii) the SEC Form 17-Q for the Third Quarter of 2023
c.(i) Approval of the Proposed Internal Audit Plan for 2024 and (ii) Approval of the Revised Internal Audit Manual of the Corporation
2.Reports/Recommendations of the Risk Management Committee
a.Presentation of (i) the Monitoring Report of the Enterprise Risk Management Unit for the Third Quarter of 2023, and (ii) the Related Party Transactions Report from January 1, 2023 to September 30, 2023
b.Notation of (i) the Automatic Renewal effective on October 1, 2023 of the Equipment Lease Agreement dated October 1, 2021 between SFA Semicon Co., Ltd. (“SSK”) and SSP, as first renewed on October 1, 2022, and (ii) the Automatic Renewal effective on November 1, 2023 of the Equipment Supply Agreement dated November 1, 2021, as first renewed on November 1, 2022, between SSK and SSP for Wireless Amplifier Module Inc. (“WiPAM”) products
3.Amendment and Restatement of the August 7, 2023 Board Resolutions on the Appointment of authorized representatives to liaise and coordinate with the Social Security System, Philippine Health Insurance Corporation, Home Development Mutual Fund, and Bureau of Internal Revenue, and other government agencies, for transactions related to employee compensation and benefits, to reflect amendment to the list of authorized representatives
4.Update on the Share Buyback Program
5.Report on Recent Development with the Optical Media Board (“OMB”)
6.Authorizations related to the ongoing proceeding with the OMB for Export Permit/Export Clearance
7.Setting of Tentative Dates for the 2024 Regular Board and Board Committees’ Meetings
Other Relevant Information

Please find attached SEC Form 17C.
Filed on behalf by:
Name Caroline Sicat
Designation Treasurer/Assistant Corporate Secretary