Arthaland : Amendments to Articles of Incorporation

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) Jun 24, 20222. SEC Identification Number ASO-94-0071603. BIR Tax Identification No. 126-004-450-7214. Exact name of issuer as specified in its charter ARTHALAND CORPORATION5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 7/F Arthaland Century Pacific Tower, 5th Avenue corner 30th Street, Bonifacio Global City, Taguig CityPostal Code16348. Issuer's telephone number, including area code ([phone]. Former name or former address, if changed since last report Not Applicable10. 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	5,318,095,199
Preferred - Series A	12,500,000
Preferred - Series B	20,000,000
Preferred - Series C	10,000,000
Preferred - Series D	6,000,000

11. Indicate the item numbers reported herein Item 9 - Other Events

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.

Arthaland CorporationALCO 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

Amendment of Articles of Incorporation

Background/Description of the Disclosure

The Board of Directors of the Corporation during its meeting on 04 May 2022 approved the amendment of Article Seventh of the Corporation's Articles of Incorporation by reducing the authorized capital stock by Php20,000,000.00. The amendment is the result of the cancellation of 20,000,000 preferred shares given the redemption of Preferred Shares Series B. Stockholders representing at least sixty-seven percent (67%) of the Corporation's outstanding common and preferred shares which are entitled and qualified to vote approved the proposal during the annual stockholders' meeting held on 24 June 2022.

Date of Approval by Board of Directors	May 4, 2022
Date of Approval by Stockholders	Jun 24, 2022
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Seventh	That the authorized capital stock of the Corporation is Philippine Pesos: Two Billion Nine Hundred Ninety Six Million Two Hundred Fifty Seven Thousand One Hundred Thirty Five and 82/100 (Php2,996,257,135.82) divided into Philippine Pesos: Two Billion Nine Hundred Forty Six Million Two Hundred Fifty Seven Thousand One Hundred Thirty Five and 82/100 (Php2,946,257,135.82) of common shares consisting of 16,368,095,199 common shares with a par value of Philippine Pesos: Eighteen Centavos (Php0.18) per share and Philippine Pesos: Fifty Million (Php50,000,000.00) of preferred shares consisting of 50,000,000 preferred shares with a par value of Philippine Peso: One (Php1.00) per share. xxx	That the authorized capital stock of the Corporation is Philippine Pesos: Two Billion Nine Hundred Seventy Six Million Two Hundred Fifty Seven Thousand One Hundred Thirty Five and 82/100 (Php2,976,257,135.82) divided into Philippine Pesos: Two Billion Nine Hundred Forty Six Million Two Hundred Fifty Seven Thousand One Hundred Thirty Five and 82/100 (Php2,946,257,135.82) of common shares consisting of 16,368,095,199 common shares with a par value of Philippine Pesos: Eighteen Centavos (Php0.18) per share and Philippine Pesos: Thirty Million (Php30,000,000.00) of preferred shares consisting of 30,000,000 preferred shares with a par value of Philippine Peso: One (Php1.00) per share. xxx

Rationale for the amendment(s)

The amendment is the result of the cancellation of 20,000,000 preferred shares given the redemption of Preferred Shares Series B in December 2021.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	Jul 29, 2022
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

None other than the decrease of the authorized capital stock by Php20,000,000.00.

Other Relevant Information

This amendment refers only to the date the stockholders approved the proposed amendment to the Articles of Incorporation.

Filed on behalf by:

Name	Riva Khristine Maala
Designation	Corporate Secretary and General Counsel