Roxas Holdings, Inc.

January 26, 2017 SEC-MSRD ORDER NO. 2, S. 2017 IN THE MATTER OF ROXAS HOLDINGS, INC. ORDER WHEREAS , on 22 December 2016, Roxas Holdings, Inc. ("Company") submitted its Definitive Information Statement ("DIS") and Management Report ("MR") relative to the scheduled stockholders' meeting on 15 February 2017. HTcADC WHEREAS , the Company's SEC Form 17-Q containing the Management Discussion and Analysis and Interim Financial Statements (collectively referred to as "Reports") for the quarter ended 31 December 2016, would be not be available for filing and distribution within the fifteen (15) business days before the stockholders' meeting. WHEREAS , on 04 January 2017, the company requested to be allowed to amend the Definitive Information Statement submitted last 22 December 2016, particularly the Management Report, to include a discussion of the financial statements and results of operations for the First Quarter of Fiscal Year 2016-2017, not later than five (5) business days prior to the date of the meeting. WHEREAS , SEC Resolution No. 196, Series of 2015, require a Publication of a Notice or an Advisory, in two (2) newspapers of general circulation, that copies of the unaudited interim financial statements (SEC Form 17-Q) will be made available to their stockholders at least five (5) days before holding the Annual Stockholders' Meeting and that such reports can be viewed at the company's official website. Moreover, that in case Stockholders request for hardcopies of said unaudited interim financial statements, the same should be provided to them. WHEREFORE , pursuant to the authority given by the Commission En Banc in SEC Resolution No. 196, Series of 2015, the Markets and Securities Regulation Department hereby approves on 05 January 2017 the company's request to amend the Definitive Information Statement (DIS) submitted last 22 December 2016, particularly the Management Report, to include a discussion of the financial statements and results of operations for the company's 1st Quarter Report ended 31 December 2016 subject to its full compliance of SRC Rule 20.3.3.4 (SGD.) VICENTE GRACIANO P. FELIZMENIO, JR. Director Published in The Philippine Star on January 26, 2017.