Discovery World Corp.PSE: DWC

Results of Annual or Special Stockholders' Meeting

· Issued by Discovery World Corp.
SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jun 1, 20222. SEC Identification Number AS930000233. BIR Tax Identification No. 0038221830004. Exact name of issuer as specified in its charter DISCOVERY WORLD CORPORATION5. Province, country or other jurisdiction of incorporation STATION 1, BALABAG, MALAY AKLAN 6. Industry Classification Code(SEC Use Only) 7. Address of principal office STATION 1, BALABAG, MALAY, AKLANPostal Code56088. Issuer's telephone number, including area code 8813-88579. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 854,000,000
11. Indicate the item numbers reported herein Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Discovery World Corporation DWC PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Results of the Annual Stockholders' Meeting of Discovery World Corporation held on 1 June 2022

Background/Description of the Disclosure

The annual meeting of the stockholders of DISCOVERY WORLD CORPORATION was held on 1 June 2022 at 1:30 pm, in Discovery Shores Boracay

Agenda

1. Approval of the Minutes of the Previous Meeting of Stockholders
2. President's Report and Presentation of 2021 Financial Statements
3. Ratification of all Acts of the Board of Directors and Officers
4. Election of Directors
5. Appointment of Reyes Tacandong & Co. as External Auditor for 2022

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
John Y. Tiu, Jr. 1,200,001 236,884,000 Through JT Perle Corporation
Jose C. Parreño, Jr. 50,000 - -
A. Bayani K. Tan 50,001 - -
Lamberto R. Villena 50,001 - -
Romualdo C. Macasaet 10,001 - -
Christopher John AD. Tiu 9,350,000 - -
William L. Chua 50,000 - -
Elizabeth Ann C. Parpan 50,001 - -
Eric S. Yu 50,000 - -
External auditor Reyes Tacandong & Co.
List of other material resolutions, transactions and corporate actions approved by the stockholders

The above-mentioned persons were elected as members of the Board of Directors of the Corporation for the year 2022-2023 to hold office as such until their successors shall have been duly elected and qualified. Ms. Elizabeth Ann C. Parpan and Mr. Eric S. Yu were elected as the Corporation's Independent Directors in accordance with the requirements of the Securities Regulation Code and Code of Corporate Governance.

The stockholders approved the extension of Ms. Elizabeth C. Parpan to serve as an independent director of the Corporation for 2022-2023.

Other Relevant Information

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Filed on behalf by:
Name Anna Francesca Respicio
Designation Corporate Secretary

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