Keppel Philippines Properties, Inc. (KEP) Tender Offer

Please be informed that Forward Synergy Group, inc. (FSGI or the Bidder) is conducting a Tender Offer to acquire up to 38,695,207 common shares of Keppel Philippines Properties, Inc. (KEP) held by the investing public.

This Tender Offer is being undertaken in compliance with Section 19 of the Securities Regulation Code (SRC), which requires a mandatory tender offer when an acquisition results in ownership of more than 50% of the outstanding equity securities of a public company. The obligation was triggered after FSGI’s purchase of the controlling 86.83% stake in KEP from its former majority shareholders.

You have the option to sell your shares through this Tender Offer.

Details are as follows:

Tender Offer Period:	March 3, 2026 – March 31, 2026
Tender Offer Price:	Php 1.8526
Cross Date:	April 10, 2026
Settlement Date:	April 14, 2026
Internal Deadline To Tender:	March 27, 2026, 12:00 pm

For more information, the Tender Offer Report dated March 3, 2026 is available for downloading through the PSE Edge Website.

To participate in this tender offer, please email bpitradecorpact@bpi.com.ph using your BPI Trade registered email address, indicating the number of shares you wish to tender. The deadline for your response is 12:00 pm on March 27, 2026.

Also, please take note of the following terms and conditions:

1. Shareholders may tender their shares to the Bidder during the Tender Offer Period. Only outstanding shares settled by March 27, 2026, and free from any claims or liens, will be accepted for the tender offer.
2. The tendering shareholder shall receive the payment net of broker’s commission, stock transaction tax and other sell side customary fees due on the transaction, all of which shall be for the account of the tendering shareholder. Payment for your tendered shares, net of fees, shall be credited to your BPI Trade Settlement Account (SETA) upon receipt by BPI Securities Corp. (BSC) of cleared funds from the Tender Offer Agent.
3. Deadline for acceptance of the tendered shares may be changed to an earlier or later date if the Bidder amends the schedule of the Tender Offer Period.
4. Full acceptance of any tendered shares is subject to the terms and conditions outlined by the Bidder in the Tender Offer Report. BSC does not provide any assurance or guarantee that the Bidder will accept the tendered shares.
5. The application to tender shall constitute your firm commitment to BSC with respect to the shares tendered.

Should you have any questions, please feel free to e-mail bpitradecorpact@bpi.com.ph. You can also call the BPI Trade hotline at 8580-4000.