PhilWeb Corporation (WEB) Tender Offer

Please be advised that Nexora Holdings Inc. (“NHI”) and Velora Holdings Inc. (“VHI”) (collectively the “Bidders”) are conducting a Tender Offer to acquire up to 449,158,170 common shares of PhilWeb Corporation (“WEB”), representing approximately 31.28% of WEB’s outstanding shares.

The Tender Offer is triggered by the Bidders’ ongoing acquisition of WEB shares from Gregorio Araneta Inc. (“GAINC”), which is being completed in two tranches. The Tranche A Shares were sold and crossed through the PSE on 12 December 2025. Upon completion of the transfer of the Tranche B Shares, the Bidders will collectively hold more than 50% of WEB’s voting shares. Reaching this ownership threshold requires the Bidders to conduct a mandatory tender offer for all remaining outstanding common shares held by the public.

You have the option to sell your shares through this Tender Offer.

Details are as follows:

Tender Offer Period	January 19, 2026 – February 16, 2026
Tender Offer Price	Php 2.17
Cross Date	February 25, 2026
Settlement Date	March 2, 2026
Internal Deadline To Tender	February 12, 2026, 12:00 pm

For more information, the Tender Offer Report dated January 15, 2026 is available for downloading through the PSE Edge Website.

To participate in this tender offer (sell your WEB shares to the Bidders @ Php 2.17), please email bpitradecorpact@bpi.com.ph using your BPI Trade registered email address, indicating the number of shares you wish to tender. The deadline for your response is 12:00 pm on February 12, 2026.

Should you have any questions, please feel free to e-mail bpitradecorpact@bpi.com.ph. You can also call the BPI Trade hotline at 8580-4000.