Symbol of Your Pleasure”. One highlight was a special dinner created by renowned chefs and Michelin-starred restaurants, with numerous additional privileges designed for the customers in attendance

import bills 19,122 19,041 15,307 0.4% 24.9% Letters of credit 38,166 35,822 34,226 6.5% 11.5% Other commitments Underwriting commitments - - 1,199 - (100.0)% Amount of unused bank overdrafts 171,623

studies, Valuation Assumptions of the Transaction Valuation methods: The Company has engaged one of the renowned financial advisory companies in Philippine, Navarro Amper & Co. (the member of Deloitte), to

of unused bank overdrafts 173,600 174,083 175,078 (0.3)% (0.8)% Other guarantees 261,731 259,314 272,948 0.9% (4.1)% Others 113,920 88,622 151,080 28.5% (24.6)% Total 627,802 599,946 680,473 4.6% (7.7

35,623 (11.4)% (11.9)% Other commitments Underwriting commitments - 1,950 - (100.0)% - Amount of unused bank overdrafts 173,133 175,078 175,893 (1.1)% (1.6)% Other guarantees 264,894 272,948 267,989 (3.0

commitments Underwriting commitments 3,820 - - 100.0% 100.0% Amount of unused bank overdrafts 176,188 173,133 175,893 1.8% 0.2% Other guarantees 263,485 264,894 267,989 (0.5)% (1.7)% Others 97,230 113,033

cash obligations. 2. Identify the issuer’s internal and external sources of liquidity, as well as any material, unused sources of liquidity, as at the latest practicable date. This could include a

account for the remaining portion unused for executing purchasing transactions at least once a month, provided that the calculation is based on the outstanding balance at the end of each day and the

)% Liability under unmatured import bills 22,278 19,122 19,041 16.5% 17.0% Letters of credit 32,500 38,166 35,822 (14.8)% (9.3)% Other commitments Underwriting commitments 149 - - 100.0% 100.0% Amount of unused

(79.2)% (77.3)% Amount of unused bank overdrafts 173,813 173,600 174,083 0.1% (0.2)% Other guarantees 260,047 261,731 259,314 (0.6)% 0.3% Others 101,232 113,920 88,622 (11.1)% 14.2% Total 622,824 627,802