SEC MC No. 06, series of 2024

SEC MEMORANDUM CIRCULAR NO. ___6___ Series of 2024 TO : ALL CONCERNED SUBJECT : UPDATED FINES AND PENALTIES ON THE LATE AND NON- SUBMISSION OF AUDITED FINANCIAL STATEMENTS (AFS), GENERAL INFORMATION SHEET (GIS), NON-COMPLIANCE WITH SEC MEMORANDUM CIRCULAR NO. 28, SERIES OF 2020 (SEC MC 28) DATE : 27 March 2024 ______________________________________________________________________________________________________________ WHEREAS, Section 179(o) and (p) of Republic Act (RA) No. 11232, otherwise known as the Revised Corporation Code of the Philippines (RCC), grants the Commission the power and authority to: (i) formulate and enforce standards, guidelines, policies, rules, and regulations to carry out the provisions of the RCC; and (ii) exercise such other powers provided by law or those which may be necessary or incidental to carry out the powers expressly granted to it; WHEREAS, Section 158 of the RCC provides that the Commission has the power to impose fines ranging from Five Thousand Pesos (PhP 5,000) to Two Million Pesos (PhP 2,000,000) and a daily fine of no more than One Thousand Pesos (PhP 1,000) for continuing violations, but in no case to exceed Two Million Pesos (PhP 2,000,000); WHEREAS, the Commission, through SEC Memorandum Circular No. 2, Series of 2023 (SEC MC 2), and subsequent amendments thereto, granted amnesty for late and non-filing of GIS and AFS and non- compliance with SEC MC 28 to provide corporations with ample and cost-effective opportunity to update their compliance with the documentary and reportorial requirements under the RCC, among others; WHEREAS, the Commission, through its issuances, webinars, social media posts, and press releases, had actively campaigned and encouraged non-compliant, suspended or revoked corporations to apply for amnesty under SEC MC 2 to avoid hefty monetary penalties once the revised scale of fines and penalties is implemented; WHEREAS, the final deadline for amnesty applications under SEC MC 2, as amended, was 31 December 2023; WHEREAS, the Commission strives to comply with one of the remaining requirements to remove the Philippines from the gray list of the global anti-money laundering watchdog, Financial Action Task Force, by enhancing and streamlining the access to beneficial ownership information and taking steps to ensure that the information is accurate and up to date through the corporations' regular submission of the GIS; WHEREAS, it has been observed that there is a need for continuous and rigid monitoring of violations pertaining to reportorial requirements, especially for habitual erring corporations, in order to maintain an accurate database which shall determine and identify active and inactive corporations and those who are already due to be placed under delinquent status; WHEREAS, upon a thorough review of all active regulated entities, the Commission saw the need to reevaluate its existing scale of fines and penalties to meaningfully deter violations and non-compliance with current regulations; Published: Philippine Star, 28 March 2024 Business Mirror, 28 March 2024 Filed with UP Law Center: 27 March 2024

WHEREAS, the Commission has not introduced any modification in the schedule of fines and penalties since the issuance of the guidelines on the imposition of fines and penalties for non-compliance with reportorial requirements in July 2002; WHEREAS, an exposure draft of the Revised Fines and Penalties on Submission of Reportorial Requirements (AFS & GIS) was published on the SEC website on 26 April 2023 to solicit comments from the public until 26 May 2023, and to ensure transparency and public awareness; NOW THEREFORE, the Commission shall impose the following updated fines and penalties to all regulated entities: I. DEFINITION OF TERMS A. For One Person, Stock, and Non-Stock Domestic Corporations a. Filed/Submission on Time means the punctual submission of the reportorial requirements, as prescribed by the Commission: Reportorial Requirements Period to File / Register Within thirty (30) calendar days from the date of the actual meeting. GIS1 For Financing and Lending Companies, the reckoning period for the filing of the GIS is from the date of actual meeting or AFS within seven (7) calendar days from the date of change, SEC MC 28 as the need arises. Within one hundred twenty (120) calendar days from fiscal year-end or as prescribed by the Commission. Upon filing of the registration forms or within thirty (30) calendar days from the issuance of the certificate of registration, license, or authority. b. Late Filing/Submission means the submission of the reportorial requirements which may either be: i. Filing after the due date but still within a year of the prescribed deadline for filing; ii. Filing beyond one (1) year from the prescribed period, in which case the penalty shall be the base fine for "Non-Filing" and the computation of the monthly penalty shall not exceed twelve (12) months; or iii. In case of SEC MC 28, submitting beyond thirty (30) calendar days from the issuance of the certificate of registration, license, or authority. c. Non-Filing means non-submission of the reportorial requirements. B. For Stock and Non-Stock Foreign Corporations a. Filed on Time means the punctual submission/registration of the reportorial requirements, as prescribed by the Commission: Reportorial Requirements Period to File / Register GIS Within thirty (30) calendar days from the anniversary date of the issuance of the SEC license. AFS Within one hundred twenty (120) calendar days from fiscal year-end or as prescribed by the Commission. 1 Not applicable to One Person Corporations

SEC MC 28 Upon filing up of the registration forms or within thirty (30) calendar days from the issuance of the certificate of registration, license, or authority. b. Late Filing means the submission of the reportorial requirements beyond the applicable period in Part I (2) (a) wherein its basic fine may be reckoned either from: i. The filing after thirty (30) calendar days from the anniversary date of the issuance of the SEC license for GIS or from the prescribed deadline for AFS; ii. The filing after sixty (60) calendar days from the anniversary date of the issuance of the SEC license for GIS or from the prescribed deadline for AFS, in which case the penalty shall be the base fine of "Non-Filing" and the computation of the monthly penalty shall not exceed twelve (12) months;2or iii. In case of SEC MC 28, submitting beyond thirty (30) calendar days from the issuance of the certificate of registration, license, or authority. c. Non-Filing means non-submission of the reportorial requirements. -SCALES OF FINES AND PENALTIES ON THE NEXT PAGE- 2 SEC Memorandum Circular No.15-2006 - Guidelines on Compliance by Foreign Corporations with Reportorial and Monitoring Requirements. Please refer to the table on pages 8 to 13 for the difference in computation.

II. SCALES OF FINES AND PENALTIES The basis of computation of fines shall be the latest due submission of the GIS and/or AFS. Should there be non-submission of the GIS and/or AFS for the prior years, such GIS and/or AFS shall be considered as not filed and shall be assessed in accordance with this Circular. A. Late Filing of Reportorial Requirements for Domestic Stock and One Person Corporation VIOLATION BRACKET IMPOSABLE FINES � PER REPORT Late Filing of Based on GIS and/or AFS Retained First Second Third Fourth Fifth Earnings/ Fund Offense3 Offense Offense Offense Offense Stock Balance / Corporations 5,000 6,000 7,000 8,000 9,000 and One Person Equity Corporation Capital 5,000 6,000 7,000 8,000 9,000 Deficiency Plus 500 Negative per Plus 500 Plus 500 Plus 500 Plus 500 Retained month4 of per month per month per month per month Earnings delay of delay of delay of delay of delay (Deficit) 5,000 Plus 6,000 7,000 8,000 9,000 0 to 100,000 1,000 per Plus Plus Plus Plus month of 1,000 1,000 1,000 1,000 100,001 to delay per month per month per month per month 500,000 10,000 of delay of delay of delay of delay Plus 12,000 14,000 16,000 18,000 500,001 to 1,000 per Plus Plus Plus Plus 5,000,000 month of 1,000 1,000 1,000 1,000 delay per month per month per month per month 5,000,001 to 15,000 of delay of delay of delay of delay 10,000,000 Plus 18,000 21,000 24,000 27,000 1,000 per Plus Plus Plus Plus Above month of 1,000 1,000 1,000 1,000 10,000,000 delay per month per month per month per month 20,000 of delay of delay of delay of delay Plus 24,000 28,000 32,000 36,000 1,000 per Plus Plus Plus Plus month of 1,000 1,000 1,000 1,000 delay per month per month per month per month 25,000 of delay of delay of delay of delay Plus 30,000 35,000 40,000 45,000 1,000 per Plus Plus Plus Plus month of 1,000 1,000 1,000 1,000 delay per month per month per month per month of delay of delay of delay of delay 3 Companies shall be formally notified of their corresponding fines and penalties. For purposes of determining the frequency of violation, the number of settled notices with corresponding Confirmation of Payment will be considered, such that the counting of "First Offense" shall only set-in after the settlement of the initial notice. 4 A fraction of a month shall be considered a whole month. Moreover, the monthly penalty shall start from the prescribed due date of the reportorial requirement submission.

B. Late Filing of Reportorial Requirements for Domestic Non-Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Late Filing of Based on GIS and/or Retained First Second Third Fourth Fifth Earnings/ Fund Offense Offense Offense Offense Offense AFS Balance / 5,000 6,000 7,000 8,000 9,000 Non- Stock Equity Plus Plus Plus Plus Corporations Negative Fund Plus 500 500 per 500 per 500 per 500 per Balance/ per month month of month of month of month of Equity of delay delay delay delay delay (Deficit) 6,000 7,000 8,000 9,000 5,000 Plus Plus Plus Plus 0 to 100,000 Plus 1,000 1,000 1,000 1,000 1,000 per month per month per month per month 100,001 to per month of delay of delay of delay of delay 500,000 of delay 9,000 10,500 12,000 13,500 7,500 Plus Plus Plus Plus 500,001 to Plus 1,000 1,000 1,000 1,000 5,000,000 1,000 per month per month per month per month per month of delay of delay of delay of delay 5,000,001 to of delay 12,000 14,000 16,000 18,000 10,000,000 10,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 Above 1,000 per month per month per month per month 10,000,000 per month of delay of delay of delay of delay of delay 15,000 17,500 20,000 22,500 12,500 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per month per month per month per month per month of delay of delay of delay of delay of delay 18,000 21,000 24,000 27,000 15,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per month per month per month per month per month of delay of delay of delay of delay of delay

C. Non-Filing of Reportorial Requirements for Domestic Stock Corporation and One Person Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Non-Filing of Reportorial Based on First Second Third Fourth Fifth Requirements (GIS Retained Offense Offense Offense Offense Offense and/or AFS) Earnings / Fund Balance / Equity 10,000 12,000 14,000 16,000 18,000 Capital Deficiency 10,000 12,000 14,000 16,000 18,000 Plus 500 Plus 500 Plus 500 Plus 500 Plus 500 Negative per per per per per Retained month of month of month of month of month of Earnings delay delay delay delay delay (Deficit) 10,000 12,000 14,000 16,000 18,000 0 to 100,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per per per per per month of month of month of month of month of delay delay delay delay delay 15,000 18,000 21,000 24,000 27,000 100,001 to Plus Plus Plus Plus Plus 500,000 1,000 1,000 1,000 1,000 1,000 per per per per per Stock month of month of month of month of month of Corporations delay delay delay delay delay and One Person 20,000 24,000 28,000 32,000 36,000 Corporation Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 500,001 to per per per per per 5,000,000 month of month of month of month of month of delay delay delay delay delay 5,000,001 to 25,000 30,000 35,000 40,000 45,000 10,000,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 Above per per per per per 10,000,000 month of month of month of month of month of delay delay delay delay delay 30,000 36,000 42,000 48,000 54,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per per per per per month of month of month of month of month of delay delay delay delay delay

D. Non-Filing of Reportorial Requirements for Domestic Non-Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Non-Filing of GIS Based on Retained First Second Third Fourth Fifth and/or AFS Earnings / Offense Offense Offense Offense Offense Fund Balance / Non- Stock 10,000 12,000 14,000 16,000 18,000 Corporations Equity Plus 500 Plus 500 Plus 500 Plus 500 Plus 500 Negative Fund per per per per per Balance/ month of month of month of month of month of Equity delay delay delay delay delay (Deficit) 10,000 12,000 14,000 16,000 18,000 Plus Plus Plus Plus Plus 0 to 100,000 1,000 1,000 1,000 1,000 1,000 per per per per per 100,001 to month of month of month of month of month of 500,000 delay delay delay delay delay 12,500 15,000 17,500 20,000 22,500 500,001 to Plus Plus Plus Plus Plus 5,000,000 1,000 1,000 1,000 1,000 1,000 per per per per per 5,000,001 to month of month of month of month of month of 10,000,000 delay delay delay delay delay 15,000 18,000 21,000 24,000 27,000 Above Plus Plus Plus Plus Plus 10,000,000 1,000 1,000 1,000 1,000 1,000 per per per per per month of month of month of month of month of delay delay delay delay delay 17,500 21,000 24,500 28,000 31,500 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per per per per per month of month of month of month of month of delay delay delay delay delay 20,000 24,000 28,000 32,000 36,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 per per per per per month of month of month of month of month of delay delay delay delay delay

E. Late Filing of Reportorial Requirements for Foreign Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Based on Late Filing of Accumulated First Second Third Fourth Fifth Reportorial Income (AI) / Offense Offense Offense Offense Offense Requirements (GIS Fund Balance and/or AFS) / Members' Equity 10,000 12,000 14,000 16,000 18,000 Capital Deficiency 10,000 12,000 14,000 16,000 18,000 Plus 500 Plus 500 Plus 500 Plus 500 Plus 500 Negative late late late late late Accumulated Income penalty* penalty* penalty* penalty* penalty* (Deficit) *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 6,000 6,000 6,000 6,000 6,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 10,000 12,000 14,000 16,000 18,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 0 to late late late late late 100,000 penalty* penalty* penalty* penalty* penalty* *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** Stock **if filed after sixty (60) calendar days Corporations (Branch, 15,000 18,000 21,000 24,000 27,000 Representative Office, ROHQ) Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late 100,001 to penalty* penalty* penalty* penalty* penalty* 500,000 *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 20,000 24,000 28,000 32,000 36,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late 500,001 to penalty* penalty* penalty* penalty* penalty* 5,000,000 *if filed after thirty (30) calendar days 5,000,001 to 10,000,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 25,000 30,000 35,000 40,000 45,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late penalty* penalty* penalty* penalty* penalty* *if filed after thirty (30) calendar days

Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 30,000 36,000 42,000 48,000 54,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late Above penalty* penalty* penalty* penalty* penalty* 10,000,000 *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days F. Late Filing of Reportorial Requirements for Foreign Non-Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Based on Late Filing of Accumulated First Second Third Fourth Fifth Reportorial Income (AI) / Offense Offense Offense Offense Offense Requirements (GIS Fund Balance and/or AFS) / Members' Equity 5,000 6,000 7,000 8,000 9,000 Plus 500 Plus 500 Plus 500 Plus 500 Plus 500 Negative late late late late late Accumulated Income penalty* penalty* penalty* penalty* penalty* (Deficit) *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 6,000 6,000 6,000 6,000 6,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 5,000 6,000 7,000 8,000 9,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late Non-Stock penalty* penalty* penalty* penalty* penalty* (Branch, Representative 0 to 100,000 *if filed after thirty (30) calendar days Office, RHQ) Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 10,000 12,000 14,000 16,000 18,000 Plus Plus Plus Plus Plus 1,000 1,000 1,000 1,000 1,000 late late late late late 100,001 to penalty* penalty* penalty* penalty* penalty* 500,000 *if filed after thirty (30) calendar days Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 15,000 18,000 21,000 24,000 27,000

Plus Plus Plus Plus Plus 1,000 late 1,000 1,000 1,000 1,000 penalty* late late late late Plus 500,001 to 12,000 penalty* penalty* penalty* penalty* 5,000,000 penalty** *if filed after thirty (30) calendar days 5,000,001 to 20,000 10,000,000 Plus Plus Plus Plus Plus 1,000 Above late 12,000 12,000 12,000 12,000 10,000,000 penalty* penalty** penalty** penalty** penalty** Plus 12,000 **if filed after sixty (60) calendar days penalty** 24,000 28,000 32,000 36,000 25,000 Plus Plus Plus Plus Plus 1,000 late 1,000 1,000 1,000 1,000 penalty* late late late late Plus 12,000 penalty* penalty* penalty* penalty* penalty** *if filed after thirty (30) calendar days Plus Plus Plus Plus 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days 30,000 35,000 40,000 45,000 Plus Plus Plus Plus 1,000 1,000 1,000 1,000 late late late late penalty* penalty* penalty* penalty* *if filed after thirty (30) calendar days Plus Plus Plus Plus 12,000 12,000 12,000 12,000 penalty** penalty** penalty** penalty** **if filed after sixty (60) calendar days G. Non-Filing of Reportorial Requirements for Foreign Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Non-Filing of Based on Reportorial Accumulated First Second Third Fourth Fifth Requirements (GIS Income (AI) / Offense Offense Offense Offense Offense and/or AFS) Fund Balance / 10,000 12,000 14,000 16,000 18,000 Members' Equity 10,000 12,000 14,000 16,000 18,000 Stock Capital Deficiency Plus Plus Plus Plus Plus Corporations Negative 6,000 6,000 6,000 6,000 6,000 (Branch, Accumulated penalty penalty penalty penalty penalty Representative Income (Deficit) 10,000 12,000 14,000 16,000 18,000 Office, ROHQ) Plus Plus Plus Plus Plus 0 to 100,000 12,000 12,000 12,000 12,000 12,000 penalty penalty penalty penalty penalty 100,001 to 20,000 24,000 28,000 32,000 36,000 500,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 500,001 to penalty penalty penalty penalty penalty 5,000,000 30,000 36,000 42,000 48,000 54,000 Plus Plus Plus Plus Plus 5,000,001 to 12,000 12,000 12,000 12,000 12,000 10,000,000 penalty penalty penalty penalty penalty 40,000 48,000 56,000 64,000 72,000 Plus Plus Plus Plus Plus

Above 12,000 12,000 12,000 12,000 12,000 10,000,000 penalty penalty penalty penalty penalty 50,000 60,000 70,000 80,000 90,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty penalty penalty penalty penalty H. Non-Filing of Reportorial Requirements for Foreign Non-Stock Corporation VIOLATIONS BRACKET IMPOSABLE FINES � PER REPORT Non-Filing of Based on Reportorial Accumulated First Second Third Fourth Fifth Requirements (GIS Income (AI) / Offense Offense Offense Offense Offense and/or AFS) Fund Balance / 10,000 12,000 14,000 16,000 18,000 Members' Equity Plus Plus Plus Plus Plus Non- Stock Negative 6,000 6,000 6,000 6,000 6,000 Corporations Accumulated penalty penalty penalty penalty penalty (Branch, Income (Deficit) 10,000 12,000 14,000 16,000 18,000 Representative Plus Plus Plus Plus Plus Office, RHQ) 0 to 100,000 12,000 12,000 12,000 12,000 12,000 penalty penalty penalty penalty penalty 100,001 to 15,000 18,000 21,000 24,000 27,000 500,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 500,001 to penalty penalty penalty penalty penalty 5,000,000 20,000 24,000 28,000 32,000 36,000 5,000,001 to 10,000,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 Above penalty penalty penalty penalty penalty 10,000,000 25,000 30,000 35,000 40,000 45,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty penalty penalty penalty penalty 30,000 36,000 42,000 48,000 54,000 Plus Plus Plus Plus Plus 12,000 12,000 12,000 12,000 12,000 penalty penalty penalty penalty penalty I. Late and Non-Compliance with MC 28, s. 2020 VIOLATION IMPOSABLE FINES Late Filing and Non-Compliance with MC 28, s. 2020 20, 000

III. PENALTY CLAUSE Pursuant to Section 177 of the RCC, the SEC may declare a corporation under delinquent status in case of failure to submit reportorial requirements for three (3) times, consecutively or intermittently, within five (5) years. After a corporation is notified of its delinquent status, the commission of a sixth (6th) offense constitutes a ground for revocation of its Certificate of Registration/License to Transact Business in the Philippines or Secondary License5 and shall warrant the imposition of monetary fines equivalent to the fifth (5th) offense plus one hundred percent (100%) surcharge of the total assessed fine. IV. REVERSION OF PENALTY TO FIRST OFFENSE Upon the effectivity of this Memorandum Circular, corporations charged with higher imposable fines, i.e., second to fifth offense, may be penalized under the scale of penalty for the first offense, provided, they are found to be compliant with the submission of GIS and AFS for three (3) consecutive years immediately after the imposition of higher imposable penalties, i.e., due reports for the periods 2023 to 2025. The penalty for corporations who successfully availed of and were issued corresponding Confirmation of Payment of Amnesty Fees (COPs) but subsequently committed the same offense shall immediately be reverted to that applicable for the first offense. IV. REPEALING CLAUSE Any circular, rule or order earlier issued by the Commission that is inconsistent with any of the foregoing enumeration of violations, fines, and penalties shall be deemed wholly or partly superseded, repealed or amended by this Circular, as the case may be. V. EFFECTIVITY CLAUSE This Circular shall cover requests for monitoring received by the Commission on 1 April 2024. All requests for monitoring and inquiries related thereto shall only be done through the following email addresses/forms: HANDLING SPECIFICS EMAIL/LINK Domestic and One Person Corporations: DEPARTMENT/OFFICE Request for Monitoring: Monitoring Request Form Link Domestic Stock, Non-Stock, Company Registration and One Person Corporations Foreign Corporations: Monitoring Request Form Link and Monitoring Request for Monitoring: Foreign Corporations crmd_monitoring@sec.gov.ph Department (CRMD) � Request for Status of cmd_foreign_monitoring@sec.gov.ph Compliance Monitoring Monitoring Request: Domestic Stock, Non-Stock, and One Division (CMD) Person Corporations Company Registration Request for Status of Monitoring Request: Foreign and Monitoring Corporations Department (CRMD) � Compliance Monitoring Division (CMD) Company Registration and Monitoring Department (CRMD) � Compliance Monitoring Division (CMD) Company Registration and Monitoring Department (CRMD) � Compliance Monitoring Division (CMD) 5 Based on the SEC Rules of Procedure, the department/office who has jurisdiction over its regulated entities has the authority to revoke the secondary licenses of these corporations.

Corporate Governance General Request: All and Finance Department (CGFD) Supervised and Regulated cgfd@sec.gov.ph cgfd_ld@sec.gov.ph Corporate Governance Corporations of CGFD and Finance Department cgfd_cgd@sec.gov.ph (CGFD) � Licensing Request for Monitoring: Division (LD) cgfd_fdn@sec.gov.ph Investment Companies Corporate Governance mnrc_secretariat@sec.gov.ph and Finance Department (mutual funds), Issuers of Request Slip via Google Forms (CGFD) - Corporate msrdsubmission@sec.gov.ph Governance Division Proprietary and Non- msrd_mid@sec.gov.ph (CGD) sec.bcdextension@gmail.com Proprietary Securities, Public BAGEO Monitoring Request Form Link Corporate Governance reports_cdo@sec.gov.ph and Finance Department Companies CEBEO Monitoring Request Form Link (CGFD) � Monitoring, secdavao.records@gmail.com Compliance, and Audit Request for Monitoring: sec_iloilo@sec.gov.ph Division (MCAD) LEGEO Monitoring Request Form Link Corporate Governance Accredited Institutional secbicol@sec.gov.ph and Finance Department (CGFD) � Monitoring, Training Providers (ITPs), Compliance, and Audit Division (MCAD) Publicly Listed Companies Financing and Lending (PLCs) on Corporate Division (FinLenD) Governance and Sustainability Markets and Securities Regulation Department Reporting Matters (MSRD) Request for Monitoring: Bacolod Extension Office Foundations Baguio Extension Office Request for Monitoring: Cagayan de Oro Accredited Microfinance NGOs Extension Office Request for Monitoring: Cebu Extension Office Financing and Lending Corporations with Secondary Davao Extension Office License General Request: All Iloilo Extension Office Supervised and Regulated Corporations of MSRD Legazpi Extension Office Request for Monitoring: Corporations under the jurisdiction of Bacolod Extension Office Request for Monitoring: Corporations under the jurisdiction of Baguio Extension Office Request for Monitoring: Corporations under the jurisdiction of Cagayan de Oro Extension Office Request for Monitoring: Corporations under the jurisdiction of Cebu Extension Office Request for Monitoring: Corporations under the jurisdiction of Davao Extension Office Request for Monitoring: Corporations under the jurisdiction of Iloilo Extension Office Request for Monitoring: Corporations under the

Tarlac Extension Office jurisdiction of Legazpi secteo@sec.gov.ph Extension Office TACEO Monitoring Request Form Link Tacloban Extension Request for Monitoring: reports_zeo@sec.gov.ph Office Corporations under the jurisdiction of Tarlac Zamboanga Extension Extension Office Office Request for Monitoring: Corporations under the jurisdiction of Tacloban Extension Office Request for Monitoring: Corporations under the jurisdiction of Zamboanga Extension Office Any requests for monitoring sent to email addresses other than above listed will no longer be entertained and only those coursed through the proper request forms will be processed. Done this 27 March 2024, Makati City, Philippines. For the Commission: EMILIO B. AQUINO Chairperson