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 23, 20222. SEC Identification Number 11773. BIR Tax Identification No. 000-768-480-0004. Exact name of issuer as specified in its charter Globe Telecom, Inc.5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig CityPostal Code16348. Issuer's telephone number, including area code (02) 7797-20009. Former name or former address, if changed since last report N.A. 10. 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 SHARES 133,619,207
TOTAL DEBT (in Millions of Pesos) 210,054
11. Indicate the item numbers reported herein Please refer to the relevant attachment.

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.

Globe Telecom, Inc.GLO PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Amendments to the Articles of Incorporation

Background/Description of the Disclosure

Please be informed that our Board of Directors approved the attached Amended Agenda with Explanation of Agenda Items to include the proposed Amendments to Article Seventh of our Articles of Incorporation.

Date of Approval by
Board of Directors 		TBA
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable -
Date of Approval by Relevant Regulatory Agency, if applicable TBA
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval TBA
Amendment(s)
Article No. From To
The attached Annex "A" provides a summary of the proposed amendments. - -
Rationale for the amendment(s)

For business purposes.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC TBA
Expected date of SEC approval of the Amended Articles of Incorporation TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

The amendments will result in the increase of the Company's authorized capital stock to Eleven Billion Two Hundred Forty-Six Million Seven Hundred Eighteen Thousand Six Hundred Fifty Pesos (Php 11,246,718,650.00) divided into One Hundred Sixty-Eight Million Nine Hundred Thirty-Four Thousand Three Hundred Seventy-Three (168,934,373) Common Shares with a par value of Fifty Pesos (Php 50.00) per share, One Hundred Sixty Million (160,000,000) Voting Preferred Shares with a par value of Five Pesos (Php 5.00) per share, and Forty Million (40,000,000) Non-Voting Preferred Shares with a par value of Fifty Pesos (Php 50.00) per share.

Other Relevant Information

The attached Annex "A" provides a summary of the proposed amendments. Please refer to the relevant attachment.
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Amended to show that Management will obtain approval of the Board on the proposed increase of Authorized Capital Stock (ACS) on or before April 25, 2022. We will update the disclosure once Board approval is obtained, among other relevant updates.

Thank you very much.

Filed on behalf by:
Name Marisalve Co
Designation Chief Compliance Officer/Asst. Corporate Secretary/SVP for Law and Compliance

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Globe Telecom Inc. published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 03:31:04 UTC.