Xurpas : Update on Corporate Actions/Material Transactions/Agreements

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) Mar 21, 20222. SEC Identification Number A2001177083. BIR Tax Identification No. 219-934-3304. Exact name of issuer as specified in its charter Xurpas Inc.5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Unit 804 Antel 2000 Corporate Center 121 Valero St., Salcedo Village, Makati CityPostal Code12278. Issuer's telephone number, including area code (632) 8889-64679. 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 Shares	2,054,615,059

11. Indicate the item numbers reported herein N/A

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.

Xurpas Inc.X PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Issuance of New Shares to Nix Nolledo

Background/Description of the Disclosure

On January 20, 2022, Xurpas Inc. entered into a Subscription Agreement with Nico Jose S. Nolledo ("Nix Nolledo") for the issuance of new Xurpas Shares for Php100 million. Total number of shares to be issued to Nix Nolledo is at 181,818,182 common shares (the "Subscription Shares"). Total subscription price is at Php100,000,000.10. Mr. Nolledo paid the Subscription Price in full on February 15, 2022. The Subscription Shares were issued to Mr. Nolledo on March 21, 2022. The Subscription Shares have not been listed with the Philippine Stock Exchange as of date.

Other Relevant Information

Not applicable.

Filed on behalf by:

Name	Mark Gorriceta
Designation	Assistant Chief Information Officer