MERRYMART ae 15 January 2021 Philipine Stock Exchange, Inc. 6 Floor, PSE Tower, 5th Avenue corner 28th Street, Bonifacio Global City, Taguig City ‘Attention: "Ms. Janet A. Encarnacion Head, Disclosure Department Securities and Exchange Commission ‘Secretariat Building, PICC Complex, Roxas Boulevard, Pasay City ‘Attention: Hon. Vicente Graciano P. Felizmenio, Director, Markets and Securities Regulation Department Subject: ummary of the Application of Proceeds from the Initial Public Offering Ladies and Gentlemen, In line with the Initial Public Offering (IPO) of MerryMart Consumer Corp. (MM) on June 15, 2020, ‘we submit herewith our report on the application ofthe actual net proceeds coming from MM Initial Public Offering amounting to ONE BILLION FOUR HUNDRED SIXTY SIX MILLION THREE HUNDRED THIRTY FIVE THOUSAND EIGHTY EIGHT PESOS AND FIVE CENTAVOS (P1,466,385,086.05). For the fourth quarter of 2020, the application ofthe net proceeds is broken down as follows: eae asain Aint] —_—_ Ase memes] * |soserr2sz0| 27" | n pec 2020 [raterratand maiweningcna | oe] wasanses] amassue| seas] rasa [ever detent amsonom | s0a00| sses6ste| sa7aa6700| — sossra ener corpo pepe ausssoe| nso] aue0| mse | rss! “at Tee 33508 —TOATaSTS —eaATLOS —Soswi aes ——95.60790 Thank you. Very trulyjyours, CFO/CIO t