Robinsons Retail : Acquisition or Disposition of Shares of Another Corporation

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) Feb 22, 20222. SEC Identification Number A2002017563. BIR Tax Identification No. 2163032120004. Exact name of issuer as specified in its charter ROBINSONS RETAIL HOLDINGS INC5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 43rd Floor, Robinsons Equitable Tower, ADB Avenue corner Poveda Street, Ortigas Center, Pasig City, Metro ManilaPostal Code16008. Issuer's telephone number, including area code (632) 8635-07519. 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	1,498,429,660

11. Indicate the item numbers reported herein 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.

Robinsons Retail Holdings, Inc.RRHI PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

RRHI to own 100% stake in CVS business

Background/Description of the Disclosure

Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, acquired the remaining 40% stake of Ministop Japan's in Robinsons Convenience Store, Inc. increasing its share from 60% to 100%.

Date of Approval by Board of Directors

Feb 22, 2022

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

To have full autonomy in the strategic direction of the CVS format

Details of the acquisition or disposition

Date	Feb 22, 2022

Manner

Acquisition of the 40% stake of Ministop Japan's in Robinsons Convenience Store, Inc.

Description of the company to be acquired or sold

Robinsons Convenience Stores Inc. (RCSI) is the exclusive franchisee of Ministop in the Philippines. Under the new agreement with Ministop Japan, RRHI will continue to operate the stores using the Ministop brand within the transition period agreed upon with Ministop Japan, until they are repurposed and appropriately rebranded in consideration of strong ready-to-eat offerings such as Uncle John's Fried Chicken and Kariman.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	800,000,000
Percentage to the total outstanding shares of the company subject of the transaction	40
Price per share	Php0.25

Nature and amount of consideration given or received

The total consideration of Php200,000,000 is paid in cash.

Principle followed in determining the amount of consideration

Purchase price was determined based on a discount to the price to book multiple

Terms of payment

Payment is paid in full and in cash

Conditions precedent to closing of the transaction, if any

Completion of procedural requirements and submission of required documents as part of the customary closing conditions and deliverables

Any other salient terms

None

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Ministop Co Ltd	Shareholder of RCSI

Effect(s) on the business, financial condition and operations of the Issuer, if any

To have full autonomy in the strategic direction of the CVS format

Other Relevant Information

None

Filed on behalf by:

Name	Mylene Kasiban
Designation	Chief Financial Officer