General Announcement::Update on the Tranche 2 Equity-Linked Securities

Issuer & Securities

Issuer/ Manager
EMPERADOR INC.
Securities
EMPERADOR INC. - PHY2290T1044 - EMI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Aug-2026 09:24:13
Status
New
Announcement Sub Title
Update on the Tranche 2 Equity-Linked Securities
Announcement Reference
SG260824OTHRBRW0
Submitted By (Co./ Ind. Name)
Anna Michelle T. Llovido
Designation
Corporate Secretary
Effective Date and Time of the event
21/08/2026 17:00:00
Description (Please provide a detailed description of the event in the box below)
Further to the 12 August 2026 disclosure of Emperador Inc. (the Company ) regarding the extension of the Conversion Period for the issuance of the Tranche 2 ELS Shares to Arran Investment Pte Ltd. ( Arran ), please be informed that the Company and Arran have mutually agreed today to settle the 193,103,449 Tranche 2 ELS Shares through the payment of the equivalent monetary value of P 1.4 billion, in lieu of the conversion thereof into common shares of the Company.

With respect to the remaining 281,896,551 Tranche 2 ELS Shares, the same remain subject to conversion, with the Conversion Period having been previously extended from 12 August 2026 to 31 March 2027.

The ELS Instrument was issued on 04 December 2014 to Arran as part of its investment in the Company, and on 03 December 2021, the Company was given a period until 28 February 2022 ( Conversion Period ) to issue Four Hundred Seventy-Five Million (475,000,000) ELS Shares to Arran per the ELS Instrument. The Conversion Period went through a number of modifications, the latest of which is its extension as mentioned above.

Attachments

EMI SEC Form 17-C - Update on ELS instrument_21August2026.pdf
Stock Transaction Tax Reminder_updated as of 21Aug2026.pdf
Total size =245K