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)

Dec 11, 2023

2. SEC Identification Number

154675

3. BIR Tax Identification No.

948-229-000

4. Exact name of issuer as specified in its charter

CEB

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Basement 2 – R 01 – 02, Robinsons Galleria Cebu, General Maxilom corner S. Osmena Boulevard, Barangay Tejero, Cebu City Postal Code 6000

8. Issuer's telephone number, including area code

+63288027084

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

Level 4 Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor. Sergio Osmena Boulevard, Cebu City

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	621,986,867
Convertible Preferred	309,698,201

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.

Cebu Air, Inc.CEB

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Cebu Air, Inc. ("CEB") responds to the Philippine Stock Exchange's (the “Exchange”) query made on 11 December 2023

Source	Business World (Online Edition)
Subject of News Report	Cebu Pacific allots P50-B capex
Date of Publication	Dec 11, 2023

Clarification of News Report
Gentlemen: This refers to your letter requesting us to confirm the veracity of the information contained in BusinessWorld (Online Edition) article dated December 11, 2023, entitled “Cebu Pacific allots P50-B capex” the relevant portion of which is quoted hereunder: “BUDGET CARRIER Cebu Pacific is allocating P50 billion for its capital expenditure (capex) in 2024 mainly for its aircraft-related expenses, the company’s top official said. ‘We estimate around P50 billion in 2024. It is mostly aircraft-related capex,’ Alexander G. Lao, president and chief commercial officer of Cebu Pacific, told reporters last week. The company targets to grow its fleet with an anticipated 16 new aircraft by 2024, Mr. Lao said, adding that the company is targeting to grow the number to 92 from the current 76. . . . .” We confirm the statements quoted in the news article. We trust that you find the foregoing clarification in order. Very truly yours, CEBU AIR, INC. By: ANNE ROMADINE P. TIENG Corporate Secretary
Other Relevant Information
Please see attached.