PLDT : Update on Corporate Actions/Material Transactions/Agreements

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) Aug 1, 20222. SEC Identification Number PW-553. BIR Tax Identification No. 000-488-7934. Exact name of issuer as specified in its charter PLDT Inc.5. Province, country or other jurisdiction of incorporation PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office RAMON COJUANGCO BUILDING, MAKATI AVENUE, MAKATI CITYPostal Code12008. Issuer's telephone number, including area code (632) 8250-02549. Former name or former address, if changed since last report NOT APPLICABLE10. 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
-	-

11. Indicate the item numbers reported herein -

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.

PLDT Inc.TEL PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

PLDT Group announces second closing under landmark sale and leaseback towers deal

Background/Description of the Disclosure

PLDT Inc., the country's largest integrated telco, is pleased to announce another transaction milestone in connection with the sale of 5,907 telecom towers and related passive telecom infrastructure for PHP 77 billion announced on April 19th, 2022. Second closing of the transaction was achieved today with the completion of the sale of 1,013 telecom towers. A corresponding cash consideration of PHP 13.2 billion was received by the Group. This event follows the first closing attained on June 1st covering 3,012 telecom towers with a consideration of PHP 39.2 billion having been paid to the Group. Out of the 5,907 telecom towers subject to the sale, the Group has to date completed the sale of 4,025 telecom towers representing 68% of the towers portfolio subject to the sale.

Other Relevant Information

PLDT anticipates additional closings over the next few months based on number of towers being transferred, with final closing expected by Q4 2022. Please refer to the attached Press Release.

Filed on behalf by:

Name	Abner Tito Alberto
Designation	Assistant Corporate Secretary