NOTICE OF CANCELLATION AND REPLACEMENT OF OLD STOCK CERTIFICATES OF SEAFRONT RESOURCES CORPORATION
TO ALL SHAREHOLDERS OF SEAFRONT RESOURCES CORPORATION:
We refer to: (i) the reverse stock split on August 14, 1997, which adjusted the par value of the shares of Seafront Resources Corporation (“SPM”)from₱0.01 to ₱1.00 per share, and (ii) the quasi-reorganization on October 5, 1998, which eventually reducedSPM’s number of outstanding shares to 163,000,000 shares. In respect of the same, please be advised that some of the old stock certificates with the old par value ₱0.01 were not surrendered to the Stock Transfer Agent, and hence, were not updated with the correct number of shares and par value.
To regularize the documentation and ensure proper corporate housekeeping, all shareholders of SPM are hereby notified that stock certificates issued prior to October 1998 are deemed automatically cancelled and shall be replaced with new stock certificates containing correct and updated information at no cost to the shareholders It should be noted that this cancellation and replacement of the stock certificates of SPM will not affect shareholders owning shares in scripless form. Kindly disregard this notice if old certificates have been surrendered to broker for lodgment.
Starting on December 29, 2025, the new stock certificates may be claimed by the relevant shareholders from the office of the Stock Transfer Agent at their address provided below.
Detailed instructions and requirements to claim the new stock certificates will be provided in a separate letter to the shareholders and may also be accessed through SPM’s website (https://www.seafrontresources.com.ph/#!/Investor-Relations).
Please address all queries to the following:
RCBC Trust Corporation – Stock Transfer Agent
Name: Mr. Antonio B. Madrid Jr.
Contact No.: 028894-9000 local 3692 - 3694
Email address: rcbcstocktransfer@rcbc.com
Address: 221 West Wing, Ground Floor Grepalife Building, Sen. Gil Puyat Ave., Makati City
Yours truly,
SEAFRONT RESOURCES CORPORATION
Corporate Secretary
Seafront Resources Corporation – Investor Relations
Name: Ms. Maritess D. Reyes
Email address: corpaffairs@seafrontresources.com.ph
Address: 7th Floor, JMT Building, ADB Avenue Ortigas Center, Pasig City 1605