Overview of the Company

Puregold Price Club, Inc. is a Philippine-based company engaged in business of

trading goods, such as customer products (canned goods, housewares, toiletries, dry

goods, food products, pharmaceutical and medical goods, etc.) on a wholesale and retail

basis. The company was incorporated on September 8, 1998 and opened its first

Puregold hypermarket store in Mandaluyong City in December of the same year.

The company conducts its operations through several retail formats and store

brands. Hypermarkets, through “Puregold Price Club,” offer a variety of food and non-

food products and generally cater to both retail customers and resellers such as members

of the Company’s loyalty program. Supermarkets through, “Puregold Junior,” operate as

neighborhood store which offers a higher proportion of food to non-food products vis-à-

vis the Company’s hypermarkets. Discounters, through “Puregold Extra,” operate in a

small format that offers a more limited number of goods.

The company launched a loyalty program in 2001; renamed Tindahan ni Aling

Puring in 2014, a customized, holistic membership program which allows sari-sari store

owners and other business owners to increase potential net earnings by accumulating

points from participating and non-participating brands for business or personal purchases,

offering competitive pricing and exclusive promotions across categories, making

accessibility services available, and providing business expansion option through

exclusive programs like Loading through Puregold, Business financing through Puregold

and rewarding relevant benefits to secure business continuity.

Puregold Price Club, Inc. has completed acquisition of 100 percent of S&R

Membership Shopping club through a P16.5-billion share swap, effectively making

upscale retailer a wholly-owned Puregold subsidiary. To capitalize on growing consumer

needs of mass market, Puregold recently acquired Paco supermarket chain in a deal

valued at around P760 million. Puregold, which is now the country’s second biggest

retailer next to the SM Group, intends to open 25 stores in 2012 and 2013.

By the end of 2017, Puregold was operating a total of 171 hypermarkets, 103

supermarkets, 29 extras and six minimarts, 14 S&R warehouse clubs and 32 S&R Quick

Service Restaurants, for a total of 355 stores all over the country.

Currently, Puregold is continuing new stores roll-out via organic geographic

expansion and acquisitions. They are targeting to open 25 more Puregold stores and 1

S&R store.