(04 June 2024, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) has set today the interest rates for its Peso-denominated Fixed Rate Bonds Series V due in Year 2027
(3 years); Series W due in Year 2029 (5years); and Series X due in Year 2031 (7 years). The Company will issue an aggregate principal amount of PHP20 billion, with oversubscription option of an additional PHP5 billion. The proposed issuance is under the Company’s PHP100 billion Shelf Registration of Fixed Rates Bonds approved by Stock and Exchange Commission (SEC) on 23 May 2024. The offer period of the Bonds will take place from June 7 to 14, 2024.

“SM Prime recognizes the support of SEC in our pursuit of growth opportunities through our newest PHP100 billion bond program. This endeavor will help us fuel our passion of providing sustainable integrated property developments to serve more communities across the nation,” SM Prime Chief Finance Officer John Nai Peng C. Ong said.

The Series V, W and X have been rated PRS Aaa by Philippine Rating Services Corporation (PhilRatings). PRS Aaa rating is the highest rating assigned by PhilRatings, denoting that such obligations are of the highest quality with minimal credit risk and the issuing company’s capacity to meet its financial commitment on the obligations is extremely strong.

SM Prime’s Series V, W, and X Bonds will be made available to investors through joint issue managers BDO Capital & Investment Corporation and China Bank Capital Corporation, which are also joint bookrunners and joint lead underwriters together with BPI Capital Corporation, EastWest Banking Corporation, First Metro Investment Corporation, Land Bank of the Philippines, and SB Capital Investment Corporation, following the receipt of the Permit to Sell from the Securities and Exchange Commission. These retail bonds are set to be issued on

June 24, 2024.

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: [email protected]

Tel. no.: +632 8862 7940

Forward-looking Statement

This document may contain forward-looking statements and forward-looking information that are subject to significant risks and uncertainties including, without limitation, statements relating to known and unknown risks; uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from expected future results; performance or achievements expressed or implied by forward-looking statements; our overall future business, financial condition, and results of operations, including, but not limited to financial position or cash flow; our goals for or estimates of future operational performance or results; and changes in the regulatory environment including, but not limited to, policies, decisions, and determinations of governmental or regulatory authorities. Although: (1) SM Prime Holdings, Inc. has extensive experience; and (2) the forward-looking statements may be reasonable, nothing herein should be relied upon as a commitment from SM Prime Holdings, Inc. as we cannot guarantee future events, performance or events due to various risks and uncertainties.