Remarks C02303-2026

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)
Apr 6, 2026
2. SEC Identification Number
147669
3. BIR Tax Identification No.
000-432-378
4. Exact name of issuer as specified in its charter
Cosco Capital, Inc.
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
639178612459
9. Former name or former address, if changed since last report
None
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 7,029,524,664
11. Indicate the item numbers reported herein
Other Matters

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.

Cosco Capital, Inc.COSCO

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Cosco Capital net income hits PHP 15.96 billion in 2025, up 3.4%
Background/Description of the Disclosure

Manila, Philippines - Cosco Capital, Inc., the listed retail holding firm of Mr. Lucio L. Co, reported a 3.4% growth in its consolidated net income amounting to Php 15.96 billion for 2025 versus Php 15.4 billion a year ago. Strong operating performance from major business segments also lifted consolidated revenues by 10.6% to Php 262 billion in 2025 from Php 237 billion in the same period of 2024.

The board of Cosco has approved a 20% regular dividend payout, equating to Php 0.265 per share, which amounts to a total of Php 1.86 billion. This regular dividend will be distributed to shareholders of record as of April 17, 2026. In addition to the regular dividend, the Board has also approved a 10% special dividend payout, amounting to Php 0.133 per share, for a total of Php 931 million. This special dividend will be distributed to shareholders of record as of August 20, 2026. Together, the total dividend payout—comprising both the regular and special dividends—will amount to around Php 2.8 billion, reflecting a dividend yield of 5.77%. These payouts will be sourced from Cosco’s unrestricted retained earnings as of December 31, 2025.

The Group continued to benefit from the economic recovery amidst the prevailing macroeconomic challenges by way of sustained and stronger revenue growth across all its business segments which indicates the recovering consumer demand.

In 2025, the group's grocery retailing businesses, Puregold Price Club, Inc. and S&R Membership Shopping Club, contributed 68% of total net income, followed by the Liquor Distribution with 23.5%, Commercial Real Estate segment with 7%, Energy & Minerals with 1% and Specialty Retail with 0.5%.

The grocery retail segment grew consolidated revenues to Php 242.45 billion for 2025, up 10.6% growth from Php 219.17 billion in 2024. For the full year 2025, the enterprise experienced positive same store sales growth (SSSG) of +4.1% from Puregold Stores driven by higher basket size and +6.1% from S&R Warehouse clubs driven by higher traffic.

The grocery retail group’s consolidated net income for 2025 grew by 8.8% year on year to Php 11.3 billion from Php 10.4 billion in 2024 driven by strong topline growth and complemented by the improvement in gross margins.

The Liquor Distribution business thru The Keepers Holdings Inc. has recorded consolidated revenue amounting to Php 20.2 billion, a 9% growth versus previous year on the back of a 8% growth in volume of cases sold for the period. This was driven principally by Alfonso, the leading imported brandy in the market, which has already surpassed its pre-pandemic levels, premiumizing market and on-premise channel rebound. Net income for the liquor segment saw an increase of 0.8% to PHP 3.56 billion in 2025.

The Commercial Real Estate segment posted a 2.4% growth in rental revenue amounting to PHP 2.13 billion in 2025 as business operations of its tenants portfolio has improved due to increased level of economic activities as well as full resumption of rental rates based on contracts. The real estate segment saw its net income grew by 6% to PHP 1.14 billion in 2025 versus Php 1.07 billion in the same period 2024.
The Energy and minerals segment posted revenues of Php 526 million in 2025, up 6.9% versus previous year while it generated net income of Php 186 million, up 5% for the same period.
For the Specialty Retailing business segment, Office Warehouse, Inc.’s revenues improved by 1.8% at PHP 2.11 billion in 2025 versus PHP 2.07 billion a year ago. Net income improved by 6.2% to Php 69 million in 2025 versus Php 65 million same period last year.
Other Relevant Information

Please see attached SEC Form 17-C Report of the Company.
Filed on behalf by:
Name John Marson Hao
Designation Investor Relations Officer and Sustainability Officer