In re San Miguel Corp.

February 18, 2022 SEC MSRD ORDER NO. 6, S. 2022 IN THE MATTER OF SAN MIGUEL CORPORATION , registrant . REGISTRATION OF FIXED RATE BONDS (SHELF REGISTRATION) ORDER OF REGISTRATION Upon consideration of the Amended Registration Statement and other papers and documents attached thereto ("Registration Statement") which were filed on behalf of San Miguel Corporation , the Commission, resolved in its meeting of 15 February 2022 to favorably consider the same for the registration of Sixty Billion Pesos (Php60,000,000,000.00) worth of Fixed Rate Bonds , in accordance with the requirements of Sections 8 and 12 of the Securities Regulation Code. For the first tranche of Fixed Rate Bonds, the Company applied to offer Twenty-Five Billion Pesos (Php25,000,000,000.00) with an Oversubscription Option of Five Billion Pesos (Php5,000,000,000.00) worth of Fixed Rate Bonds (Series J and K). In this regard and after determining that the Company has complied with the required submissions as directed in the Pre-Effective Letter dated 16 February 2022, the subject Registration Statement is now rendered effective . Let a Certificate of Permit to Offer Securities for Sale be issued in favor of subject company authorizing the sale and distribution of Twenty-Five Billion Pesos (Php25,000,000,000.00) with an Oversubscription Option of Five Billion Pesos (P5,000,000,000.00) relative to the first tranche be issued in favor of the Company. Let this Order be published at the expense of the Issuer in a newspaper of general circulation and uploaded in its website within two (2) business days from its issuance. The Corporation is hereby directed to furnish the Commission with a copy of the affidavit of publication of this Order. The sale and distribution of the remaining securities under the subsequent tranches shall be conducted only after the issuance by the Commission of the pertinent permit. SO ORDERED. PICC Complex, Pasay City, Philippines, February 18, 2022. (SGD.) VICENTE GRACIANO P. FELIZMENIO, JR. Director Published in the Manila Bulletin on February 21, 2022.