SM Prime : Set to Open New Mall in San Pedro, Laguna

(11 October 2023, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will be opening its newest mall in the Philippines, SM Center San Pedro, in San Pedro City, Laguna this Friday, October 13, 2023. This is SM Prime's fourth mall in the province and comes after the success of SM City Sta. Rosa, SM City San Pablo, and SM City Calamba. SM Center San Pedro is located along U.B. Main Road, Barangay United Bayanihan, San Pedro City, Laguna.

"SM Center San Pedro is SM Prime's 84th mall in the Philippines and is set to provide further opportunity for the Company to expand its brand of service and convenience to more Filipinos in the south, specifically in Laguna and nearby towns of Cavite. SM Center San Pedro, with its ideal location, aims to converge business, leisure and entertainment that will enhance economic and civic activities in the area," said Jeffrey Lim, President of SM Prime Holdings, Inc.

SM Center San Pedro will open with almost 90% of space lease-awarded sharing three levels of shopping, dining and entertainment hubs including SM Hypermarket, SM Appliance, Ace Hardware, Miniso, Watsons, Simply Shoes, Pet Express, and BDO. It will also have SM Foodcourt, Cyberzone, indoor plaza, and parking areas for added convenience and enjoyment.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.

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For further information, please contact:

Alexander Pomento

Vice President, Investor Relations

SM Prime Holdings, Inc.

E-mail: [e-mail]

Tel. no.: [phone]

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