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b.

2024
Jan. 1 Memo: Granted share options to selected senior
employees for the purchase of 30,000 ordinary
shares at P35 per share, from January 1, 2027 to
December 31, 2028.

Dec. 31 Compensation expense ###


Share options outstanding ###

2025
Dec. 31 Compensation expense ###
Share options outstanding ###
30,000 x 8 x 1/3

2026
Dec. 31 Compensation expense ###
Share options outstanding ###

2027
Dec. 31 Share options outstanding (28,00 ###
Cash (28,000 x 35) ###
Ordinary share capital (28,000 x ###
Share premium - ordinary ###

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