Tender Offer Report

For inquiries regarding the Tender Offer, please contact the Tender Offer Agent at the contact details set forth below:
BDO Securities Corporation
33rd Floor, BDO Towers Valero, 8741 Paseo de Roxas, Makati City
Contact Person/Telephone Number/Email Address
Ryan Penalber/+63 2 8840 7000 ext. 25086/bdosec-customercare@bdo.com.ph
Aldrin Abaya/+63 2 8840 7000 ext. 25082/bdosec-customercare@bdo.com.ph
BDO Securities Customer Support/+63 2 8702 7878/bdosec-customercare@bdo.com.ph

Following the close of the Tender Offer Period on 14 March 2022, a total of Four Thousand Five Hundred Fifty Eight (4,558) common shares of APX were tendered pursuant to the Tender Offer, accepted and thereafter purchased by the Bidder via a block sale through the facilities of the PSE on 21 March 2022. The shares were purchased at the Tender Offer Price of One Peso and Thirty Centavos (Php1.30) per share with a total transaction value of Five Thousand Nine Hundred Twenty Five Pesos and Forty Centavos (Php5,925.40). The tendered shares have been fully paid and settled on 24 March 2022.

Attached as Exhibit I of this Tender Offer Report is a certification by the Tender Offer Agent as to the tender offer period, total number of shares tendered and crossed on 21 March 2022, the total cross price and full payment and settlement of the cross price on 24 March 2022.

Following the completion of the Tender Offer, the Bidder owns, directly and indirectly, 3,409,851,703 common shares of APX or 54.75% of the issued and outstanding common shares of APX.

Items 4 (Interest in Securities of the Issuer) and 6 (Materials to be filed as Exhibits) were updated in the Final Tender Offer Report.

Item 4. Interest in Securities of the Issuer
(b) Following the close of the Tender Offer Period on 14 March 2022, a total of Four Thousand Five Hundred Fifty Eight (4,558) common shares of APX were tendered pursuant to the Tender Offer, accepted and thereafter purchased by the Bidder via a block sale through the facilities of the PSE on 21 March 2022. The shares were purchased at the Tender Offer Price of One Peso and Thirty Centavos (Php1.30) per share with a total transaction value of Five Thousand Nine Hundred Twenty Five Pesos and Forty Centavos (Php5,925.40). The tendered shares have been fully paid and settled on 24 March 2022.

Attached as Exhibit I of this Tender Offer Report is a certification by the Tender Offer Agent as to the tender offer period, total number of shares tendered and crossed on 21 March 2022, the total cross price and full payment and settlement of the cross price on 24 March 2022.

Following the completion of the Tender Offer, the Bidder owns, directly and indirectly, 3,409,851,703 common shares of APX or 54.75% of the issued and outstanding common shares of APX.

Item 6. Materials to be filed as Exhibits
Exhibit E: Announcement of Intention to Conduct Tender Offer to Shareholders of APX published in Business Mirror on 29 December 2021 and Affidavit of Publication thereof dated 16 February 2022
Exhibit I: Certification by the Tender Offer Agent on the Tendered Shares
Exhibit J: Affidavits of Publication of Business Mirror and The Manila Times dated 16 February 2022 of the Notice of the Tender Offer published in Business Mirror and The Manila Times on February 14, 15, 16
Exhibit K: Deed of Assignment dated 27 April 2018 between Prime Metroline Holdings, Inc. and Devoncourt Estates Inc.
Exhibit L: Deed of Assignment dated 27 April 2018 between Prime Metroline Holdings, Inc. and Lakeland Village Holdings, Inc.

*The parts of the Final Tender Offer Report which discuss how the tender offer will be conducted is part of the Initial Tender Offer Report that was filed PRIOR TO THE START of the tender offer. It should be noted that those steps for the tender offer have been accomplished. They are carried over to this Final Tender Offer Report as a historical fact. The amendments in Items 4 and 6 of this Final Tender Offer Report which are marked with underlines and are in bold font discuss facts which occurred after the tender offer was done.

Contact Details for Inquiries on Tender Offer (continued):

For inquiries on the number of shares and stock certificates of a shareholder in the Company, please contact the Company's Stock and Transfer Agent at the contact details set forth below

Stock Transfer Service, Inc.
34th Floor, Rufino Plaza, Ayala Avenue, Makati City
Contact Person: Michael Capoy
Tel. No. +63 2 8403 2410
Email: mccapoy@stocktransfer.com.ph