Please be informed that during the special meeting of the Board of Directors (BOD) of the Corporation held today, May 21, 2026, the BOD approved to postpone the 2026 Annual Stockholders’ Meeting (ASM) of the Corporation as provided for under its By-Laws.

The Corporation requires additional time to identify, evaluate, complete the nomination process for qualified candidates and subsequently, to obtain their acceptance, for the position of Independent Directors (IDs), as there are a number of IDs who will reach their maximum cumulative term on the date of the Corporation’s 2026 ASM, as set forth in Securities and Exchange Commission Memorandum Circular No. 7 Series of 2026.

The BOD likewise approved the rescheduling of the 2026 ASM of the Corporation to July 31, 2026 (from June 30, 2026) at 3:00 pm to be conducted virtually via livestream by accessing the Online web address URL (for participation by remote communication). The BOD also approved to set on June 8, 2026 the record date for the determination of the stockholders entitled to vote during the 2026 ASM and the number of shares that each of such stockholders shall be entitled to exercise. The BOD also approved for the stock and transfer books of the Corporation to be closed from June 9 to 11, 2026.