SRC SEC 17A Report 2025 (final)

(Company’sFullName)

Dept.RequiringthisDoc.

TotalNo.ofStockholders

(BusinessAddress:No.StreetCity/Town/Province)

(SecondaryLicenseType,IfApplicable)

SECURITIESANDEXCHANGECOMMISSION

SECFORM17-A

ANNUALREPORTPURSUANTTOSECTION17 OFTHESECURITIESREGULATIONCODEANDSECTION141 OFTHECORPORATIONCODEOFTHEPHILIPPINES

1. ForthefiscalyearendedDecember 31,2025

2. SECIdentificationNumber40979 3. BIRTaxIdentificationNo.000-194-465-000

4. ExactnameofissuerasspecifiedinitscharterSeafrontResourcesCorporation

5. Metro Manila,Philippines 6. (SECUse Only)

Province,Countryorotherjurisdiction of incorporationororganization

IndustryClassificationCode:

7. 7thF,JMTBldg., ADBAvenue, OrtigasCenter,PasigCity 1600 Addressofprincipaloffice PostalCode

8. (632)8637-2917

Issuer'stelephonenumber,includingareacode

9. NotApplicable

Formername,formeraddress,andformerfiscalyear,ifchangedsincelastreport.

10. SecuritiesregisteredpursuanttoSections8and12ofthe SRC,orSec.4and 8oftheRSA

Title ofEachClass

Common(parvalueofP =1.00/share)

NumberofSharesofCommon StockOutstanding andAmountofDebtOutstanding

163,000,000

11. AreanyorallofthesesecuritieslistedonaStock Exchange.

Yes[X] No [ ] Ifyes,state thenameofsuchstockexchangeandthe classesofsecuritieslistedtherein: PhilippineStockExchange

12. Checkwhethertheissuer:

(a)hasfiledallreportsrequired tobefiledbySection 17oftheSRCandSRCRule17.1thereunderor Section 11oftheRSA andRSARule11(a)-1thereunder,andSections26 and141ofTheCorporation Codeof thePhilippinesduringthe precedingtwelve(12)months(orfor suchshorterperiodthatthe registrantwasrequiredto filesuchreports);

Yes [X] No [ ]

(b)hasbeen subjecttosuch filing requirementsfor the pastninety(90)days.

Yes [X] No [ ]

13. As of December 31, 2025 the aggregate market value of the voting stock held by non-affiliates of the Company is equivalent to Three Hundred Twelve Million Seven Hundred Fifty-Nine Thousand Five HundredNinePesosand76/100(₱312,759,509.76)or132,525,216 sharesatP2.36/share.

APPLICABLEONLYTOISSUERSINVOLVEDIN INSOLVENCY/SUSPENSIONOFPAYMENTSPROCEEDINGS DURINGTHEPRECEDINGFIVEYEARS:

14. CheckwhethertheissuerhasfiledalldocumentsandreportsrequiredtobefiledbySection17oftheCode subsequenttothedistributionofsecuritiesundera planconfirmedbya courtortheCommission. NotApplicable

DOCUMENTSINCORPORATEDBY REFERENCE

 2025 AuditedFinancialStatements(AFS)

 2025 SustainabilityReport

PARTII–OPERATIONALANDFINANCIALINFORMATION

a. 2025 and2024FinancialStatementswithManagement Responsibility

b. Supplementaryinformation anddisclosuresrequiredon SRCRule68and68.1asamended

c. SustainabilityReport

d. ReportsonSECForm17-C(CurrentReport)

DescriptionofBusiness

Item1-BusinessDevelopment

Seafront Resources Corporation (the “Company”) was registered with theSecuritiesand Exchange Commission (SEC) on April 16, 1970 as an oil exploration and production company. On October 18, 1996, the Company amendeditsArticlesofIncorporationwhichprovidesfortherevisionofitsprimarypurposefromengaginginthe businessof oil exploration and production into aholding company and to includeoil exploration andproduction businessasone ofitssecondarypurposes.

The Company’s shares of stock were listed on May 7, 1974 and are currently traded at the Philippine Stock Exchange.

The registered office address of the Company is 7th Floor, JMT Building, ADB Avenue, Ortigas Center, Pasig City.

BusinessofIssuer

A. InvestmentsinFinancialAssetsatFairValuethroughProfitandLoss(FVTPL)(Notes8and15ofthe AFS)

The Company maintains a portfolio of investments in stocks traded in the Philippine Stock Exchange and investmentin GovernmentSecurities.ThesefinancialassetsatFVTPLarecarriedatfairvalueasfollows:

B. InvestmentsinFinancialAssetsatFairvaluethroughOtherComprehensiveIncome(FVOCI)(Notes8 and15oftheAFS)

FinancialassetsatFVOCIconsistofquotedandunquotedsharesofstockheldforlong-terminvestmentpurposes and arecarriedatfairvalue. Thecarryingvaluesofthese investmentsareasfollows:

equitysecurities:

Non-listed equitysecurity: Hermosa EcozoneDevelopmentCorporation (HEDC)

Investment in HEDC

OnJanuary31,1997,theCompanyenteredintoaProjectShareholders’Agreementwithfiveothercompaniesled by Investment and Capital Corporation of the Philippines (ICCP) and Penta Capital Investment Corporation (PCIC)todevelop500to600hectaresofrawlandinHermosa,Bataanintoanewtownshipconsistingofindustrial estates,residentialcommunities,agolfandcountrycluband acommercialcenter.

The fair value of investment in HEDC is determined using the adjusted net asset method wherein the assets of HEDCconsistingmainlyofparcelsoflandareadjustedfromcosttoitsfairvalue.Thevaluationoftheparcelsof land was performed by a Cuervo Appraisers, Inc., a Securities and Exchange Commission - accredited independent valuer as at December 31, 2025 and 2024. This measurement falls under Level 3 in the fair value hierarchy.

Fairvaluemeasurementdisclosuresforthedeterminationoffairvalueofunquotedequitysecuritiesareprovided inNote 15oftheAFS.

OnJuly8,2025,theCompanysoldits11.33%equityinterestinHEDCforatotalconsiderationof P =325million. TherecordedgainofP=191.25millionisdirectlyrecognizedintheretainedearningsaccount,whilethepreviously recognizedunrealizedgainonappraisalincrease,underStockholdersEquity.

Products

TheCompanyhasitsinvestmentsinstocks(asdiscussedinthe“BusinessoftheIssuer”)asitsprincipalproduct. Total revenue as of December 31,2025 amounted to ₱12.292 million, bulk of which is from the interest income from the money market placements (MMPs), special current account/savings account (CASA), notes receivable and net gain on fair value changes on financial assets at FVTPL. Other than discussed, the Company has no principalproductwhichcontributes10%ormoretosalesorrevenues. Nogovernmentapprovalisneededforits principalproduct.

Percentageofsaleorrevenueandnetincomecontributedbyforeignsales

Therearenorevenuesfromforeignsales.

DistributionMethod

Notapplicable

Statusofpublicly-announcednewproductorservice

TheCompanyhasnonew productor service.

Competition

TheCompanyitselfhasnocompetitorbecauseitisa holdingcompany.

SourcesandAvailabilityofRawMaterialsandNamesofPrincipalSuppliers

TheCompanyisnotintomanufacturing andhasnoneedforrawmaterialsforitsbusiness.

Dependenceonasinglecustomerorfewcustomers

TheCompanyisnotdependentuponasinglecustomerorafewcustomers.

Transactionwithand/ordependenceonrelatedparties

Notapplicable

Summary of principal terms and expiration dates of all patents, trademarks, copy rights, licenses, franchises,concessionsandroyaltyagreements

The Company has no existing patents, trademarks, copyrights, licenses, franchises, concessions or royalty agreements.

Need for Government approvals of Principal Products and effect of existing or probable governmental regulation

No governmentapprovalisneededforitsprincipalproduct.

Researchanddevelopmentactivities

No amount of money was spent on development activities for the last three fiscal years. The Company does not intend to acquire additional properties in the next twelve (12) months. However, the Company can sustain its need for operating expenses in the ordinary course of business. The Company is also exploring opportunities in the energysectorasapotentialavenuefornewinvestments.

Totalnumberofemployees

The Company has no employees; PERC provides administrative, accounting and compliance services to the Company. The Companydoesnot anticipate any specialundertakingthatwouldwarranthiring somepeople for regular employment.

RiskFactors

Political, EconomicandLegalRisksinthePhilippines

The Philippines has, from time to time, experienced military instability, mass demonstrations, and similar occurrences, which have led to political instability. The country has also experienced periods of slow growth, high inflation and significant depreciation of the Peso. The regional economic crisis which started in 1997 negatively affected the Philippine economy resulting in the decline of the Peso, higher interest rate, increased unemployment, greater volatility and lower value of the stock market, lower credit rating of the country and the reductionofthecountry’sforeigncurrencyreserves. Therehasalsobeengrowingconcernsabouttheunrestrained judicialinterventioninmajorinfrastructureprojectof thegovernment.

There is no assurance that the political environment in the Philippines will be stable and that current or future governmentswilladopteconomic policiesconducivetosustainedeconomicgrowth.

The general political situation in and the state of the economy of the Philippines may influence the growth and profitability of the Company. Any future political or economic instability in the country may have a negative effectonthefinancialresultsofthe Company.

EquityPartnershipRisk

The Company mayenter into equity partnershipsorjointventure arrangements aspartof its strategic initiatives, includingpotentialinvestmentsin theenergy sector. Such arrangementsexposethe Company to risks associated withsharedownershipandmanagement,includingbutnotlimitedtodifferencesinbusinessobjectives,strategic priorities,andgovernancepracticesamongpartners.

The Company previously entered into a Project Shareholders’ Agreement with five other companies, led by Investment and Capital Corporation of the Philippines and Penta Capital Investment Corporation, for the development of approximately 500–600 hectares of raw land in Hermosa, Bataan into an integrated township comprisingindustrialestates,residentialcommunities,agolfand countryclub, and acommercialcenter.

However, the Project Shareholders’ Agreement has since been terminated, and the Company has fully divested its shares in the project. As such, the equity partnership risks previously associated with the arrangement— includingpotentialconflictsofinterest,non-fulfillmentofobligationsbypartners,andfinancialdifficulties—are nolongerapplicable.

Moving forward, the Company is exploring potential investments in the energy sector, which may present a differentsetofrisksandopportunities.

FinancialRiskManagementObjectivesandPolicies(Note 15of AFS)

TheCompany’sfinancialinstrumentsconsistofcashandcashequivalents,receivables,financialassets,accounts payableand accruedexpenses.Themainpurposeofthesefinancialinstrumentsistofunditsownoperationsand capital expenditures. The BOD reviews and approves policies for managing these risks. Also, the Audit Committee meetsregularlyandexercisesoversightroleinmanagingthese risks.

Financial Risks

ThemainfinancialrisksarisingfromtheCompany’sfinancialinstrumentsareliquidityrisk,marketriskandcredit risk.

a. Liquidity Risk

Liquidity risk is the risk that the Company is unable to meet its financial obligations when due. The Company hassubstantialinvestmentsinsharesof stockwhicharenotlisted in the Philippine StockExchangeand may not be readily convertible to liquid assets necessary to meet any potential additional liquidity requirements of the Company. Investmentsinunquotedequity securitiesclassifiedasfinancialassetsatFVOCIamountedtoniland ₱603.07million,asofDecember31,2025and2024,respectively.Thesaidinvestmentwassubsequentlysoldon July8,2025foratotalconsiderationofP=325million.AsofDecember31,2025,majorityoftheCompany’sassets comprisedofcashandcashequivalentstherebyreducing theliquidityriskataveryminimaltonillevel.

The Company monitors its cash position and overall liquidity position in assessing its exposure to liquidity risk. The Company maintains a level of cash and cash equivalents deemed sufficient to finance operations and to mitigatethe effectsoffluctuationincashflows.

TheCompany’saccountspayableand accruedexpensesareallsettledona monthlybasis.

PleaserefertoNote15oftheAFSfor thematurityprofile ofthe Company’sfinancialassetsandliabilities.

b. Market Risk

Market risk is the risk of loss on future earnings, on fair values or on future cash flows that may result from changesinmarketprices. Thevalue ofa financialinstrumentmaychangeasaresultof changesininterestrates, foreign currency exchanges rates, commodity prices, equity prices and other market changes. The Company’s marketriskemanatesfromitsholdingsindebtandequity securities.

The Company closely monitorsthe prices of its debt and equity securities as well as macroeconomic and entityspecific factors which could directly or indirectly affect the prices of these instruments. In case of an expected decline inits portfolioof equity securities, theCompanyreadily disposesor tradesthe securities forreplacement withmoreviable andlessriskyinvestments.

Pleaserefer to Note15 oftheAFSfor the analysisperformedfor reasonablypossible changeinthemarketprice ofquoted sharesclassifiedasfinancialassetsatFVTPL.

EquityPriceRisk

The Company closely monitorsthe prices of its debt and equity securities as well as macroeconomic and entityspecific factors which could directly or indirectly affect the prices of these instruments. In case of an expected decline inits portfolioof equity securities, theCompanyreadily disposesor tradesthe securities forreplacement withmoreviable andlessriskyinvestments.

Such investmentsecurities are subject to price risk due to changesin marketvalues of instruments arising either from factors specific to individual instruments or their issuers, or factors affecting all instruments traded in the market.

InterestRateRisk

The Company’s exposure to market risk for changes in fixed interest rates relates primarily to the Company’s moneymarketplacementsanddebtsecurities.

Thereisnootherimpacton theCompany’sequityotherthanthosealreadyaffectingnetincome.

c. Credit Risk

Credit risk is the risk that one party to a financial instrument will fail to discharge an obligation and cause the otherpartytoincurafinancialloss.Withrespecttocreditriskarisingfromcashandcashequivalents,receivables, financial assets at FVTPL and financial assets at FVOCI, the Company’s exposure to credit risk is equal to the carrying amount of these instruments. The Company limits its credit risk on these assets by dealing only with reputablecounterparties.

For cash and cash equivalents, the Company applies the low credit risk simplification where the Company measures the ECLs on a 12-month basis based on the probability of default and loss given default which are publicly available. The Company also evaluates the credit rating of the bank and other financial institutions to determinewhetherthedebtinstrumenthassignificantlyincreasedincreditriskandtoestimateECLs.

TheCompanyconsidersitscashandcashequivalentsashighgradesincetheseareplacedinfinancialinstitutions ofhighcreditstanding. Accordingly, ECLsrelatingtothesedebtinstrumentsroundstonil.

The Company’sreceivables areaged currentasof December31,2025 and 2024. No receivablesare considered credit-impaired.

As of December 31, 2025 and 2024, the carrying values of the Company’s financial instruments represent maximumexposureasofreportingdate.

Pleasereferto Note15 oftheAFSforthemaximumcreditriskexposuresonthefinancialinstruments.

CapitalManagement

The primary objective of the Company’s capital management is to ensure that it maintains a strong credit rating and healthy capitalratiosinorderto supportitsbusinessandmaximize shareholders'value.

The Company manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may adjust the dividend payment to shareholdersorissuenewshares.

The Company monitors capital using a debt-to-equity ratio, which is total debt divided by total equity. The Company includes within total debt its accounts payable and accrued expenses. Total equity includes capital stock,netunrealizedgainsonfinancialassetsatFVOCIandretainedearnings.

TheCompanyhasnoexternallyimposed capitalrequirementsasofDecember31,2025and2024.

Please refer to Note 16 of the AFS for the table of the debt-to-equity ratios of the Company as of December 31, 2025 and2024, respectively.

Therewerenochangesintheobjectives,policiesorprocessesfortheyearsendedDecember31, 2025 and2024.

Item2-Properties

Asidefromthe investmentsinFinancialAssetsdiscussedabove,the Companyownstwo parkingslotsin Tektite Tower in Ortigas City. These properties are accounted as investment property of the Company. In 2013, the Company fully depreciated the investment. Fair value of this investment is estimated at ₱800,000 - ₱1,735,000 perslot.

Item3-LegalProceedings

TherearenopendinglegalproceedingstowhichtheCompanyispartyorwhichanyofitspropertyisthesubject.

Item4-SubmissionofMatterstoaVoteofSecurityHolders

Therewereno matterssubmitted to avoteofsecurity holdersduring thefourthquarterof thefiscalyear covered bythisreport.

PARTII-OPERATIONALANDFINANCIALINFORMATION

Item5-MarketforRegistrant’sCommonEquityandRelatedStockholderMatters

a) MarketPriceofandDividendsonRegistrant’sCommonEquityandRelatedStockholderMatters

1. MarketInformation

StockMarketPriceandDividendonRegistrant’sCommonEquity (last2years)

2. Holders

AsofDecember31,2025,theCompany has4,665stockholders.

Hereunderisthelistof thetop20Stockholders(asofDecember31,2025): Stockholders

1. PCDNomineeCorporation (Filipino)

2. PanMalayanMgnt&Inv.Corp.(PMMIC)

3. Alsons

4. ChinaBankingCorporationT/A-SCA-#0010

6. House ofInvestments,Inc.

7. Yuchengco,AlfonsoT.

8. Hydee

9. ChinaBankingCorporationT/A-SCA-#0013

10. ChinaBanking

11. Ong, Clemente

12. PCDNomineeCorp.(NonFilipino)

13. Pacific Basin

15. Paz,WenceslaoR.de la

16. A.T.Yuchengco,Inc.

17. Reyes,VicentaS.

18. Santiago, Violeta G.

19. KensigtonManagementCorporation

20. Ty.A.N.

1. None of the holders of the Company’s common shares registered under the name of PCD owns more than 5% of the Company’s commonshares.

2. Thecorporateacts ofPMMICarecarried outbyits BoardofDirectors and Management.Ms.Michele Marie Y.Dee is thecurrent Presidentwhilethe Chairmanof theCompany is

3. The corporate acts of Alsons Consolidated Resources Inc. are carried out by its Board of Directors. Mr. Nicasio

Alcantarais the currentChairmanandPresidentoftheCompany.

Ms.HelenY.Dee.

I.

4. CBC T/A-SSC#0010 and T/A-SSC#0011 are Trust Accounts between China Banking Corporation as Trustee. The Corporate acts of CBC are carried out by its Board of Directors and Management. Mr. Romeo D. Uyan is the current CBC Presidentand CEO.

As of December 31, 2025, the Company has a total of 163,000,000 shares issued and outstanding. Of the total outstanding common capitalstock, 162,264,384 shares or99.55%are owned by Filipinocitizens,while 735,616 sharesor0.45%areownedbyforeigners.

1. MinimumPublicOwnership

The Company is compliant with the requiredMinimumPublic Ownership ofatleast 10%of thetotal issuedandoutstandingcapitalstock,asmandatedbySection3,ArticleXVIIIoftheContinuingListing Requirements of theListing and DisclosureRules. As of December 31, 2025, theCompany’s public floatwas81.30%.

2. Dividends

InaccordancewiththeCorporationCodeofthePhilippines,theCompanyintendstodeclaredividends (either in cash or stock or both) in the future. Shareholders of the Company are entitled to receive a proportionate share in cash dividends that may be declared by the Board of Directors out of surplus profitsderivedfromtheCompany’soperations. Thesamerightexistswithrespecttoastockdividend, thedeclarationofwhichissubjecttotheapprovalofstockholdersrepresentingatleasttwo-thirds(2/3) of the outstanding shares entitled to vote. The amount of dividend will depend on the Company’s profitsand itscapitalexpenditureandinvestmentrequirementsattherelevanttime.

The Company did not declare any cash or stock dividends in the last two (2) fiscal years 2025 and 2024.

3. RecentSale ofUnregisteredSecurities

Therewasnosaleofunregisteredsecuritiesforthepastthree (3)years.

b) DescriptionofRegistrant’sSecurities

1. Common Stock

Thedetailsofthe Company’scapitalstockareasfollows:

Authorized(₱1.00parvalue)388,000,000₱388,000,000 Issuedandoutstanding163,000,000₱163,000,000

2. DebtSecurities-NotApplicable

3. StockOptions-NotApplicable

4. SecuritiesSubjecttoRedemptioncall–NotApplicable

5. Warrants–Notapplicable

6. MarketInformationforSecuritiesOtherthanCommonEquity–NotApplicable

7. OtherSecurities–NotApplicable

Item6-Management’sDiscussionandAnalysisorPlanofOperation Management’sDiscussionandAnalysisofFinancialConditionsandResultsofOperations

1.FinancialCondition(AsofDecember31,2025and2024)

Financialassetsatfairvaluethroughother

LIABILITIESANDEQUITY

Total assets amounted to ₱465.452 million and ₱771.343 million as of December 31, 2025 and December 31, 2024,respectively.

The Company’s cash and cash equivalents amounted to ₱384.968 million and ₱16.824 million as of December 31, 2025 and 2024, respectively. The 2188.24% net increase is came from the proceeds of sale of equity investmentin HEDCandmaturityoftheNotesReceivable.

Financial assets at FVPTL amounted to ₱30.768 million from ₱29.739 million as of December 31, 2025 and as of December 31, 2024, respectively. The 3.46% net increase is due to upward movement of market values of investmentsinstockstradedatPSE.

Receivables account as of December 31, 2025 amounted to ₱1.992 million compared to ₱1.975 million as of December 31, 2024. The 0.87% net increase mainly refersto interest receivable from money market placements (MMPs)anddividend receivablefromvariousstockinvestmentsduring theperiod.

NotesreceivableasofDecember31,2024amountedtoP =100millionreferstothe362-daytenorpromissorynote throughRCBC CapitalCorporation. Thematurityofthisinvestmentoccurredon April29,2025.

Other current assets consist of prepayments and prepaid taxes. This amounted to ₱0.612 million and ₱0.585 million as of December 31, 2025 and 2024, respectively. The 4.69% net increase mainly represents additional prepaid expenserelatedtowebsite subscriptionrecordedduringtheperiod.

Financial assets at FVOCI account as of December 31, 2025 amounted to ₱20.576 million as compared with December31, 2024of₱620.911million. The netdecreaseismainlydueto thesaleofinvestmentinHEDC.

Accountspayableandaccruedexpensesamountedto₱0.774millionand₱0.822millionasofDecember31,2025 andDecember31,2024,respectively.The5.90%netdecreaseisattributable tosettlementofpayablesduringthe year.

Othernoncurrentassetsamountedto₱25.000millionasofDecember31,2025representingtheremainingbalance ofthepurchasepricefromtheCompany’ssaleofitsinvestmentin HEDC.

Deferredtaxliabilityamounting₱74.670millionasofDecember31,2024. The100%decreaseisduetothesale oftheCompany’sinvestmentin HEDC.

Total stockholders’ equity as of December 31, 2025 is ₱464.678 million or ₱2.85 book value per share as compared with last year’s ₱695.851 million or ₱4.27 book value per share. The 33.22% decrease is due to the disposalofinvestmentinHEDC.

2.ResultsofOperations(FortheyearsendedDecember31,2025,2024and2023)

The Company posted a net income of ₱6.241 million or ₱0.0383 earnings pershare as ofDecember 31, 2025 as comparedwiththenetlossof₱3.105millionor₱0.0190 losspershareasofDecember31,2024.

Interest income amounted to ₱10.137 million and ₱6.928 million as of December 31, 2025 and December 31, 2024, respectively. The increase is primarily attributable to a significant increase in cash balances following the saleofinvestmentinHEDCduringtheyear.

Dividend income amounted to ₱0.928 million and ₱0.551 million as of December 31, 2025 and December 31, 2024,respectively.The68.25%increaserefersto higherdeclareddividendsfrominvestmentsduringthe year.

TheCompany’snetgainonfairvaluechangesonfinancialassetsatFVTPLamountedto₱1.029millionandnet loss of ₱8.368 million as of December 31, 2025 and December 31, 2024, respectively. The increase pertains to the upwardmovementsinmarketvalueof the investmentsin stockstradedatthe PSE duringtheyear.

Provision for income tax refers to the Minimum Corporate Income Tax (MCIT) set-up. The Company set-up MCIT rather than the 25% regular tax because most of its income are from unrealized market changes of investmentsandpassiveincomesubjecttofinaltax.

3. FinancialCondition(AsofDecember31,2024and2023)

Total assets amounted to ₱771.343 million and ₱667.405 million as of December 31, 2024 and December 31, 2023,respectively.

The Company’s cash and cash equivalents amounted to ₱16.824 million and ₱111.061 million as of December 31, 2024 and 2023, respectively. The 84.85% net decrease was due to the placement of ₱100MM 362 day notes throughRCBCCapitalCorporation at8%interestperannum.Thisiscoveredbyapromissorynoteandrecorded undernotesreceivable account.

Receivables account as of December 31, 2024 amounted to ₱1.975 million compared to ₱1.854 million as of December 31, 2023. The 6.52% net increase mainly refersto interest receivable from money market placements (MMPs)anddividend receivablefromvariousstockinvestmentsduring theperiod.

Financial assets at FVPTL amounted to ₱29.739 million from ₱38.107 million as of December 31, 2024 and as of December 31, 2023, respectively. The 21.96% net decrease is due to downward movement of market values ofinvestmentsinstockstradedatPSE.

Other current assets consist of prepayments and prepaid taxes. This amounted to ₱0.585 million and ₱0.509 million as of December 31, 2024 and 2023, respectively. The 14.81% net increase in this account mainly representsadditionalinputtaxesrecordedduringtheperiod.

Financial assets at FVOCI account as of December 31, 2024 amounted to ₱620.911 million as compared with December 31, 2023 of ₱514.706 million. The net increase pertains to the upward adjustment of the fair value of the investmentinHEDC.(please refertoNote8ofthe2024AFS).

Accountspayableandaccruedexpensesamountedto₱0.822millionand₱0.984millionasofDecember31,2024 and December 31, 2023, respectively. The 16.43% net decrease is attributable to settlement of payables during the year.

TheCompanyrecognizeddeferredtaxliabilityamountingto₱74.670millionand₱58.589millionasofDecember 31, 2024 and 2023, respectively. The increase is due to the adjustment in the set-up of deferred tax liability associatedwiththeincreaseinthe fairvalueoftheinvestmentinHEDC.

Total stockholders’ equity as of December 31, 2024 is ₱695.850 million or ₱4.27 book value per share as comparedwithlastyear’s₱607.832millionor₱3.73bookvaluepershare.

4. ResultsofOperations(FortheyearsendedDecember31,2024and2023)

TheCompanypostedanetlossof₱3.105millionor₱0.0190losspershareasofDecember31,2024ascompared withthenetincomeof₱3.967millionor₱0.0243 earningspershareasofDecember31,2023.

Interestincomeamountedto₱6.928millionand₱4.271millionasofDecember31,2024andDecember31,2023, respectively.TheincreaseisattributabletohigherinterestratesfromMMPsandnotesreceivableduringtheyear.

Dividend income amounted to ₱0.551 million and ₱0.696 million as of December 31, 2024 and December 31, 2023, respectively. The 20.83% decrease refers to lower cash dividends received from investments during the year.

The Company’s netlosson fair value changeson financial assets at FVTPL amounted to ₱8.368 million and net gain of ₱1.279 million as of December 31, 2024 and December 31, 2023, respectively.The decrease pertains to the downwardmovementsinmarketvalueoftheinvestmentsin stockstradedatthe PSEduringtheyear.

Provision for income tax refers to the Minimum Corporate Income Tax (MCIT) set-up. The Company set-up MCIT rather than the 25% regular tax because most of its income are from unrealized market changes of

investmentsandpassiveincomesubjecttofinaltax.Theincreasefromlastyear’sprovisionismainlyduetolower MCITrateasprescribedinCREATElaw.

5. FinancialConditions(AsofDecember31,2023and2022)

Total assets amounted to ₱667.405 million and ₱679.336 million as of December 31, 2023 and December 31, 2022,respectively.

The Company’s cash and cash equivalents amounted to ₱111.061 million and ₱99.386 million as of December 31, 2023 and 2022, respectively. The 11.75% net increase was due to the cash proceeds from sale of 2,507,604 BenguetCorp.’ssharesat₱4.45/shareinOctober2023.

Financial assets at fair value through profit or loss amounted to ₱38.107 million from ₱36.828 million as of December31, 2023andasofDecember31,2022,respectively. The3.47%netincreaseisduetoslightrecovery inmarketvaluesofinvestmentsinstockstradedatPSE.

The 73.98% net increase in receivables mainly pertains to interest receivable from MMPs, special CASA and dividendreceivablefromvariousstock investmentsduringtheperiod.

Other current assets consists of prepayments, prepaid taxes and input tax carry-overs. This amounted to ₱1.677 million and ₱1.446 million as of December 31, 2023 and 2022, respectively. The 15.92% net increase in this accountmainlyrepresentsadditionalinputtaxesrecorded duringtheperiod.

Financial assets at fair value through other comprehensive income (FVOCI) account as of December 31, 2023 amounted to ₱514.706 million as compared with December 31, 2022 of ₱540.609 million. The net decrease pertains to the downward adjustment of the fair value of the investment in HEDC and sale of investment in BenguetCorp.(pleaserefertoNote8 ofthe 2022 AFS).

Accountspayableandaccruedexpensesamountedto₱0.984millionand₱1.138millionasofDecember31,2023 and December 31, 2022, respectively. The 13.52% net decrease is attributable to settlement of payables during the year.

TheCompanyrecognizeddeferredtaxliabilityamountingto₱58.589millionand₱61.185millionasofDecember 31, 2023 and 2022, respectively. The decrease is due to the adjustment in the set-up of tax liability associated withthedecreaseinthefair valueoftheinvestmentinHEDC.

Total stockholders’ equity as of December 31, 2023 is ₱607.832 million or ₱3.73 book value per share as comparedwithlastyear’s₱617.013millionor₱3.79bookvaluepershare.

6. ResultsofOperations(FortheyearsendedDecember31,2023and2022)

The Company posted a net income of ₱3.967 million or ₱0.024 earnings per share as of December 31, 2023 as comparedwith₱1.212 millionor₱0.007earningspershareasofDecember31,2022.

Interestincomeamountedto₱4.271millionand₱1.681millionasofDecember31,2023andDecember31,2022, respectively.TheincreaseisattributabletohighercashbalanceandaverageinterestratesfromMMPsandspecial CASA asofDecember31,2023.

Net unrealized gain on fair value changes on financial assets at FVTPL amounted to ₱1.279 million and ₱0.716 million as of December 31, 2023 and December 31, 2022, respectively. The slight increase is mainly due to the recoveryof theinvestmentsinstockstradedatthePSE.

Dividend income amounted to ₱0.696 million and ₱0.419 million as of December 31, 2023 and December 31, 2022,respectively.The increasereferstocashdividendsfromvariousstockinvestments.

Bulk of the increase in the general and administrative expenses is due to expenses paid for advertisement, directors’feesandmanagementfees.

Provision for income tax pertains to the Minimum Corporate Income Tax (MCIT) set-up. The Company set-up MCIT rather than the 25% regular tax because most of its income are from unrealized market changes of investments and passive income subject to final tax. The decrease from December 31, 2022 provision is mainly due tolowerMCITrateasprescribedin CREATElaw.

KeyPerformanceIndicators(KPI)

PleaserefertoFinancialSoundnessIndicators

PlanofOperations

A. InvestmentinAFSnottradedinthemarket(InvestmentinHEDC)

On May8,2025, theBOD approved thesaleoftheCompany’sentire 11.33%equityinterestinHEDC.

The Company sold the same for a total consideration of P =325 million to existing stockholders of HEDC on July 8,2025.

B. InvestmentinFinancialAssetsatFVTPLandFVOCItradedinthemarket

The Company will continue to closely monitor the prices of its securities as well as those specific factors which could directly or indirectly affect the prices of these instruments. Because such investments are subject to price riskdue to changesinmarketvalues, an expecteddeclineintheportfolio willprompttheCompanyto disposeor tradethesecuritiesforreplacementwithmoreviableandlessriskyinvestmentsin thefuture.

With the Company’s current cash position, it can sustain its needs for its operating expenses. Thus, it does not intendtoraiseadditionalfunds.

Liquiditymanagement

TheCompanyhassubstantialinvestmentsinsharesofstockwhicharenotlistedinthePhilippineStockExchange and may not be readily convertible to liquid assets necessary to meet any potential additional liquidity requirementsofthe Company.

As of December 31, 2024, the Company’s investment in unquoted securities classified under financial assets at FVOCIamountedto₱603.068million;byDecember31,2025,theCompanyhadfullydisposedofitsinvestments insharesofstocknotlistedonthe PhilippineStockExchange.

Managementofliquidityrequiresaflowandstockperspective. Constraintsuchaspoliticalenvironment,taxation, foreign exchange, interest rates and other environmental factors can impose significant restrictions on firms in managementoftheirfinancialliquidity.

Seafronthasconsideredtheabovefactorsandpaidspecialattention toitscashflowmanagement. TheCompany identifiesallitscashrequirementsforacertainperiodandinvestsunrestrictedfundstomaximizeinterestearnings, i.e.moneymarketplacementsandplacementinpromissorynote.

Commitments

Therearenoknown trends,demands,commitments, eventsoruncertaintiesthatwillhavematerialimpactonthe Company’sliquidity.

Item7-FinancialStatements

The 2025 AFS of the Company are incorporated herein by reference. The schedules listed in the accompanying index toSupplementarySchedulesarefiled aspartofthisForm17-A.

Item8-ChangesinandDisagreementswithExternalAuditorsonAccountingandFinancialDisclosure

Information on Independent Auditor

TheexternalauditoroftheCorporationistheauditingfirmSyCipGorresVelayo&Co.(SGV). Thesameauditing firmhasbeenendorsedbytheAuditCommitteetothe Board.TheBoard,inturn,approved theendorsementand will nominate thereappointment of thesaid auditing firm for the stockholders’ approvalat the scheduled annual stockholders’meeting. ThesaidauditingfirmhasacceptedtheCompany’sinvitationtostandforre-electionthis year.

Audit services of SGV for the calendar year ended December 31, 2025 cover the examination of the financial statementsoftheCompany,reviewofincometaxreturnsandotherservicesrelatedtofilingofreportsmadewith the SecuritiesandExchangeCommissionandBureau ofInternalRevenue.

PursuanttoSRCRule68Paragraph3(b)(1V)(Re:RotationofExternalAuditors),theCompanyhasnotengaged Ms.WendaLynnM.Loyola,partnerofSGV&Co.,formorethanfive(5)years.Shewasengagedbythe CompanyforexaminationoftheCompany’s2025AFS.

The company is compliant with the Rotation requirement of its external auditor’s certifying partner as required under SRC Rule 68 (3)(b) (1V). A two year cooling off period shall be observed in the re-engagement of same signingpartnerorindividualauditor.

Disagreements with External Auditors on Accounting and Financial Disclosures

AsofDecember31,2025,therearenodisagreementswithAccountantsonAccountingandFinancialDisclosure.

Audit and audit- related fees

Externalauditfeesamountedto₱432,920(inclusiveofVAT)asofDecember31,2025.Saidfeesarefortheaudit andreviewofregistrant’sannualfinancialstatementsandotherservicesrenderedinconnectionwithfilingofsaid financialstatementswiththegovernmentinstitutionsuchasSECandBIR.

Therewerenofeespaidoraccruedforthelasttwoyearsrelativetotaxaccounting,compliance,advice,planning and anyotherformoftaxservices.

The Audit Committee approved the above fees based on the services rendered and the amount paid from the previousyear’saudit.

It is the policy of the company that all audit findings are presented to its Audit Committee which reviews and make recommendations to the Board on actions to be taken thereon. The Board of Directors of the Company passes upon and approves the Audit Committee’s recommendations. The members of the Audit Committee are asfollows:

NicasioI.Alcantara

BasilL. Ong

Ernestine CarmenJoD.Villareal-Fernando

-Chairman, IndependentDirector

-Member,IndependentDirector

-Member,IndependentDirector

PARTIII-CONTROLANDCOMPENSATIONINFORMATION

Item9-DirectorsandExecutiveOfficersoftheRegistrant

RaulM.Leopando - ChairmanoftheBoard

MilagrosV.Reyes - Director

Ernestine CarmenJoVillareal-Fernando - IndependentDirector

Nicasio I.Alcantara - IndependentDirector

BasilL.Ong - IndependentDirector

JoseLuisF. Gomez - Director

Victor V. Benavidez - Director

ChunBingG.Uy - Director

Officers:

MilagrosV.Reyes - President

CarlotaR.Viray - Treasurer

SamuelV.Torres - CorporateSecretary

ArlanP.Profeta - ChiefRiskOfficer

LouieMarkR.Limcolioc - Asst.CorporateSecretary

Maria Carmela D.Hautea - DataPrivacyOfficer

a) BoardofDirectors

Seafront’s Board of Directors is composed of eight (8) members elected by and from among the Company’s stockholders.AsofDecember31,2025,therewereonly(8)membersoftheboard,astherewasavacantseat(Mr. XavierY.ZialcitawassubsequentlyelectedtofillthevacantseatinJanuary2026). TheBoardisresponsiblefor providingoverallmanagementanddirectionto theCompany. Board meetingsareheldonaquarterlybasisoras oftenasrequiredtodiscusstheCompany’soperations,businessstrategy,policiesandothercorporatematters. A briefbackgroundofeach memberof theCompany’sBoardofDirectorsisprovided below:

Directors:

RaulM. Leopando 75 Chairman oftheBoard Filipino September25,2025 topresent

MilagrosV.Reyes 84 Director/President Filipino 1999 topresent

BasilL.Ong 74 IndependentDirector Filipino 2021 topresent

Jose LuisF.Gomez 63 Director Filipino 2024 topresent

NicasioI.Alcantara 83 IndependentDirector Filipino 1995 topresent

VictorV.Benavidez 74 Director Filipino 2017 topresent

ErnestineCarmenJo D. Villareal-Fernando 65 IndependentDirector Filipino 2012 topresent

ChunBingG.Uy 73 IndependentDirector Filipino September25,2025 topresent

ExecutiveOfficers: Nameofofficer

MilagrosV.Reyes 84 President Filipino 1999 topresent

Carlota R.Viray 68 Treasurer Filipino 2025 topresent

Atty.SamuelV.Torres 61 CorporateSecretary Filipino 2006 topresent

Atty.ArlanP.Profeta 52 ChiefRiskOfficer Filipino 2025 topresent

Atty. Maria Carmela D. Hautea 38 Data PrivacyOfficer Filipino 2025 topresent

Atty.LouieMarkR. Limcolioc 39 Asst. Corporate Secretary Filipino 2022 topresent

The members of the Board are elected at the Annual Stockholders’ Meeting to hold office until the next Annual Stockholders’Meetinganduntiltheirrespectivesuccessorshavebeenappointedorelectedandqualified.

Belowisthe listofthemembersoftheBoard, andtheirbusinessexperience duringthe pastfive (5)years:

MR.RAULM.LEOPANDO

ChairmanoftheBoard Filipino,75

EducationandTraining

 BachelorofArtsinEconomicsfromtheUniversityofthePhilippines

 BachelorofScienceinCommerce, majorinAccounting,fromSanBeda University

RolesinPubliclyListedCompanies

Current

 LTGroupofCompanies– IndependentDirector

 LibertyFlourMillsCompany– IndependentDirector

 Upson InternationalCorporation– Director

Former/PreviouslyHeld

 SeafrontResourcesCorporation –Director(2017to2023)

 PetroEnergyResourcesCorporation –Director

 Severalotherpublicly listedcompanies–Director

RolesinNon-ListedCompanies

Former/PreviouslyHeld

 RCBCCapitalCorporation–President&CEO

 RCBCSecuritiesCorporation–ChairmanoftheBoard

 RCBCBankard–Vice ChairmanoftheBoard

 RCBC–SeniorConsultanttothe Chairman

 MaibararaGeothermal,Inc.–Director

 PetroGreenEnergyCorporation–Director

 InvestmentHousesAssociation ofthePhilippines(IHAP)–President

 FinancialExecutivesInstituteofthePhilippines(FINEX)–LifetimeMember

MS.MILAGROSV.REYES

Presidentand Director Filipino,84

EducationandTraining

 University ofthePhilippines–BachelorofScienceinGeologyandPhysicalSciences(DoubleDegree)

 NationalIranianOilCompany–TechnicalTraining

 University ofIllinois–TechnicalTraining

 AjmanFields,U.A.E.–TechnicalTraining

RolesinPubliclyListedCompanies

Current

 PetroEnergyResourcesCorporation –President

RolesinNon-ListedCompanies

Current

Chairman/Director

 PetroGreenEnergyCorporation

 MaibararaGeothermal,Inc.

 PetroWindEnergyInc.

 PetroSolarCorporation

 RizalGreenEnergyCorporation

 DagohoyGreenEnergyCorporation

 BugallonGreenEnergyCorporation

 SanJoseGreenEnergyCorporation

 BKSGreen EnergyCorp.

 BuhawindEnergyEastPanayCorporation

 BuhawindEnergyNorthernLuzonCorporation

 BuhawindEnergyNorthernMindanao Corporation

Former/PreviouslyHeld

 Hermosa Ecozone&DevelopmentCorporation- Director/Treasurer

 PetroGreenEnergyCorporation–President

 iPeople,Inc.–President

 PNOC-EC-Director/Consultant

 Basic PetroleumandMinerals,Inc.-SeniorVicePresident

MR.BASILL.ONG

IndependentDirector Filipino,74

EducationandTraining

 AteneodeManila University –Bachelor’sDegreeinManagement

 HarvardBusinessSchool–ProgramforManagementDevelopment(Postgraduate)

RolesinNon-ListedCompanies

Current

 TransnationalDiversifiedGroup,Inc.– Director

 AdventureInternationalTours, Inc.(PhilippinerepresentativeofAmericanExpress,Inc.)–Director

 NikeStadiumStoresandKidzStation Stores–Director

 WordtextSystems,Inc.–Director

 W.S.Pacific Publications,Inc.–Director

MR.NICASIOI.ALCANTARA

IndependentDirector Filipino,83

EducationandTraining

 AteneodeManila University –BachelorofScienceinBusinessAdministration

 Santa Clara University,California,USA–Master’sinBusinessAdministration

RolesinPubliclyListedandNon-ListedCompanies

Current

 AlsonsConsolidatedResources,Inc.–Chairman &President

 ACRMining Corporation–Chairman&President

 AlsonsDevelopmentandInvestmentCorporation– Chairman &President

 SaranganiAgriculturalCompany,Inc.–Chairman&President

 ConalHoldingsCorporation–Chairman&President

 AlsonsThermalEnergyCorporation –Chairman&President

 AltoPowerManagementCorporation–Chairman&President

 SITEGroupInternational,Ltd. –Chairmanof theBoard

 BDOPrivate Bank,Inc.–Chairman, Corporate GovernanceCommittee

 BDOPrivate Bank,Inc.–Chairman, RelatedParty TransactionsCommittee

 BDOPrivate Bank,Inc.–Member,AuditCommittee

 AvainaDevelopmentCorporation–ViceChairman

 ThePhilodrillCorporation–Director

 EnderunColleges,Inc.–Director

 SagittariusMines,Inc.– Director

 PhoenixPetroleumPhilippines,Inc.–Director

Former/PreviouslyHeld

 Petron Corporation–Chairman &President

 IliganCementCorporation–Chairman&President

 AlsonsCementCorporation –Chairman&President

 Northern MindanaoPowerCorporation–Chairman&President

 RefractoriesCorporationofthePhilippines– Chairman &President

 AlsonsPrime InvestmentsCorporation–Chairman

 BankOneSavings–Director

 Bancasia CapitalCorporation–Director

 Alcantara&Sons,Inc.–Director

 AlsonsCorporation–Director

MR.VICTORV.BENAVIDEZ

Director Filipino,74

EducationandTraining

 University ofSanto Tomas–BachelorofScienceinEconomics

 University ofSanto Tomas–Master’sDegreeinEconomics

 CRC–ProfessionalDevelopmentProgram

CurrentRoles

 BoulevardHoldings,Inc.–Director

Former/PreviouslyHeld

 AlakorSecurities,Inc.–GeneralManager

 MariwasaSiamHoldings–Director

 AngloPhilippinesHoldingsCorporation–Director

 MabuhayHoldingsCorporation–VicePresident&Director

 TagaytayProperties&HoldingsCorporation– Director

 TheDaily Globe–Columnist

 JamesCapel–InvestmentResearchConsultant

 BancoFilipino–Manager,CorporatePlanning (Corplan)

 Anselmo Trinidad&Co.–Manager,InvestmentResearch

ATTY.ERNESTINECARMENJOVILLAREAL-FERNANDO

IndependentDirector Filipino,64

EducationandTraining

 University ofthePhilippines–BachelorofLaws

 University ofthePhilippines–A.B.Economics(College Scholar,Dean’sMedal)

 Michigan StateUniversity,ComputerCenter–Certificatein MathandComputerProgramming

CurrentRoles

 CountryBankersInsuranceCorporation –Director

 CountryBankersLifeInsuranceCorporation–Director

 JoseE.Desiderio,Inc.–Director

 FuegoyHielo,Inc.–Director

 PlatonMartinezFloresSanPedroLeanoFernandoPanagsaganBantilanLawOffice–SeniorPartner

 RCBCSecurities,Inc.– IndependentDirector

 RCBCForexBrokersCorporation–IndependentDirector

 RPLandDevelopmentCorporation– IndependentDirector

 Delta LambdaSigmaAlumniAssociation–President&Trustee

MR.JOSELUISF.GOMEZ Director Filipino,64

EducationandTraining

 AteneodeManila University –BachelorofScienceinManagementEngineering

RolesofNon-ListedCompanies

Former/PreviouslyHeld

 RCBCSecurities,Inc.– Chairman

 RCBCCapitalCorporation–Director

 RCBCBankardServices, Inc.–Director



RCBCCapitalCorporation–President&ChiefExecutiveOfficer

 AIGInvestmentCorporation–Associate Director

 Peregrine CapitalPhilippines–Associate Director

 FalconPropertiesandResourcesCorporation–Director&GeneralManager

 BankofAmericaNT&SA –AssistantVice President

 InvestmentandCapitalCorporationofthePhilippines– AssistantVicePresident

MR.CHUNBINGG.UY

Director

Filipino,73

EducationandTraining

 AteneodeManila University –BachelorofScienceinManagementEngineering, Cum Laude

RolesinPubliclyListedCompanies

 Upson InternationalCorporation–IndependentDirector(since 2022)

 Upson InternationalCorporation– LeadIndependentDirector(appointed2024)

RolesinNon-ListedCompanies

Current

 RizalCommercialBankingCorporation –Senior Consultant,CorporateBankingGroup

 Nippon ExpressPhilippinesCorporation–Chairman

 FBIAInsuranceAgency–Chairman&President

 Luisita IndustrialParkCorporation –Director

Former/PreviouslyHeld

 Rizal Commercial Banking Corporation – Senior Executive Vice President & Group Head, Corporate BankingGroup(1997–2012)

 Strategic EquitiesCorporation–ExecutiveDirector(2000–2025)

 RCBCSavingsBank Corporation–Director(2015–2016)

 DiscoveryWorldCorporation–IndependentDirector(2015–2018)

 Liwayway (Global)Company,Ltd.–IndependentDirector(2019–2021)

Below is the list of the corporate officers of the Company,and their business experience during the past five(5) years:

ATTY.SAMUELV.TORRES

CorporateSecretarysince2006topresent

Filipino,61

GeneralCounse/CorporateSecretary

PubliclyListedCompanies

 House of Investments, Inc.

 iPeople,Inc.

 SeafrontResourcesCorporation

 MalayanInsurance Co.,Inc.

 RCBCLand

 SunLifeGrepaFinancial, Inc.

Non-PubliclyListedCompanies

 AltoPacificCompany,Inc. (formerly The Pacific Fund, Inc.)

 ATYC,Inc.

 AYFoundation

 BankersAssuranceCorp.

 BluehoundsSecurity&Invt.Agency

 EnriqueT.Yuchengco,Inc.

 FBIAInsuranceAgency,Inc.

 FirstNationwideAssuranceCorp.

 GPL CebuTower OfficeCondominiumCorp.

 GPL Holdings,Inc.

 GrepaRealityHoldingCorporation

 Grepaland,Inc.

 HexagonIntegratedFin.Ins.Agency,Inc.

 HexagonIntegratedFinancial&InsuranceAgency

 HexagonLounge,Inc.

 Hi-EisaiPharmaceutical,Inc.

 HondaCarsKalookan,Inc.

 InvestmentManagers,Inc.

 LaFunerariaPaz-Sucat,Inc.

 LandevCorporation

 LINCInstitute, Inc.

 MalayanCollegesLaguna,Inc.

 MalayanColleges,Inc.

 MalayanHighSchoolofScience, Inc.

 MalayanSecuritiesCorporation

 MapuaInformationTechnologyCenter,Inc.

 Mico Equities, Inc.

 MJ888Corporation

 MonaLisa DevelopmentCorporation

 NationalTeachersCollege

 Pan MalayanManagement&InvestmentCorporation

 Pan MalayanRealty Corporation

 Pan PacificComputerCenter,Inc.

 PeopleeServe Corporation

 Philippine IntegratedAdvertisingAgency,Inc.

 RCBCBankard ServicesCorporation

 RCBCForexCorporation

 RCBCRealtyCorporation

 RCBCSecurities, Inc.

 RCBCTrustCorporation

 RoyalCommons,Inc.

 RPLandDevelopmentCorporation

 TarlacTerraVentures, Inc.

 Universityof NuevaCaceres,Inc.

 XamduMotors,Inc.

 YRealtyCorporation

 YTowerII Office CondominiumCorp.

 YGCCorporateServices,Inc.

 YuchengcoMuseum

 YuchengcoTowerOfficeCondominiumCorp.

Education

 BachelorofScienceinBusinessEconomics-University ofthePhilippines

 BachelorofLaws–AteneodeManila

MS.CARLOTAR.VIRAY

Treasurer

Filipino,68

CurrentRoles

 PetroGreenEnergyCorporation–Treasurer

 PetroSolarCorporation–Treasurer

 PetroWindEnergyInc.–Treasurer

 MaibararaGeothermal,Inc.–Treasurer

Education

 BSC– Accounting–PolytechnicUniversityof thePhilippines

ATTY.ARLANP.PROFETA

ChiefRiskOfficer

Filipino,52

CurrentRoles

 PetroEnergyResourcesCorporation(PERC)–SeniorVicePresidentforCorporateServices/ChiefRisk Officer

 RizalGreenEnergyCorporation –Treasurer&Director

 DagohoyGreenEnergyCorporation–Treasurer&Director

 RizalGreenEnergyCorporation –Treasurer&Director

 DagohoyGreenEnergyCorporation–Treasurer&Director

 BugallonGreenEnergyCorporation–Treasurer&Director

 SanJoseGreenEnergyCorporation–Treasurer&Director

FormerRoles

 MaibararaGeothermal,Inc.–CorporateSecretary

 PetroWindEnergyInc.–CorporateSecretary

 SeafrontResourcesCorporation –ComplianceOfficer&AssistantCorporate Secretary

 PetroGreenEnergyCorporation–CorporateSecretary

 PetroSolarCorporation–CorporateSecretary

 Punongbayan&Araullo(P&AGrantThornton)– Tax Manager

Education

 SanBedaCollege –BachelorofScience inAccountancy

 BachelorofLaws–ArellanoUniversitySchoolofLaw

ATTY.MARIACARMELAD.HAUTEA

DataPrivacyOfficer

Filipino,38

CurrentRoles

 PetroEnergyResourcesCorporation (PERC)– DataPrivacyOfficer

CorporateSecretary

 MaibararaGeothermal,Inc.

 DagohoyGreenEnergyCorporation

 SanJoseGreenEnergyCorporation

 BugallonGreenEnergyCorporation

 BKSGreen EnergyCorp.

 EcoSolarEnergy Corporation

Education

 BachelorofLaws–SanBedaCollege

ATTY.LOUIEMARKR.LIMCOLIOC

AssistantCorporateSecretary

Filipino,39

RolesinPubliclyListedCompany

Current AssistantCorporateSecretary

 PetroEnergyResourcesCorporation

RolesinNon-PubliclyListedCompany

CorporateSecretary

 PetroGreenEnergyCorporation

 PetroSolarCorporation

 PetroWindEnergyInc.

AssistantCorporateSecretary

 RizalGreenEnergyCorporation

 DagohoyGreenEnergyCorporation

 SanJoseGreenEnergyCorporation

 BugallonGreenEnergyCorporation

 BKSEnergyGreenCorp.

 BuhaWindEnergyEastPanayCorporation

 BuhaWindEnergyNorthernMindoroCorporation

 BuhaWindEnergyNorthernLuzonCorporation

Education

 BachelorofLaws–SanBedaCollege

SignificantEmployees

OtherthantheaforementionedDirectorsandExecutiveOfficersidentifiedintheitemonDirectorsandExecutive Officers in this report, there are no other employees of the Company who may have significant influence in the Company’smajorand/orstrategic planninganddecision-making.

The Corporation values its human resources. It expects each employee to do his share in achieving the Corporation’ssetgoals.

Thereisnosignificantemployeeoftheregistrantthatisexpectedtomakesignificantcontributiontothebusiness.

The Directors of the Company are elected at the annual stockholders’ meeting to hold office until the next succeeding annualmeeting anduntiltheirrespectivesuccessorshave beenelectedandqualified.

Officers are appointed or elected annually by the Board of Directors at its first meeting following the Annual MeetingofStockholders,eachtoholdofficeuntilthenextannualstockholders’meetingoruntilasuccessorshall havebeen elected, appointedorshallhavequalified.

FamilyRelationship

TherearenofamilyrelationshipsknowntotheCompany.

InvolvementinCertainLegalProceedings

For the past five (5) years, none of the Directors or Executive Officerswas involved nor has any such officer or director has been involved in any legal cases under the Insolvency Law or the Philippine Revised Penal Code either asdefendantor accused,norhas any suchofficerordirectorbeen thesubject of anycourtorder, judgment or decree barring, suspending or otherwise limiting him from engaging in the practice of any type of business includingthoseconnected withsecuritiestrading, investments,insuranceorbankingactivities.

CertainRelationshipsandRelatedTransactions

PleaserefertoNote14ofthe2025AFSforthe disclosureofthe relatedpartytransactions.

AsidefromthedisclosureintheAuditedFinancialStatements,therewerenootherrelatedtransactionsorproposed transactionsduring thelasttwo(2)yearstowhichtheregistrantwasoristobeaparty.

Item10-ExecutiveCompensation

CompensationofDirectorsandExecutiveOfficers

SummaryCompensationTable(CEOandTop4HighestPaidExecutive Officer) Name Designation Compensation*

MilagrosV.Reyes PresidentCarlotaR.Viray TreasurerAtty.SamuelV.Torres CorporateSecretaryAtty.Louie MarkL.Limcolioc Asst.CorporateSecretary -

SummaryCompensationTable(AllDirectorsasa group)

ParticularsYearSalaryBonuses

AllDirectorsasagroup*

*Allexecutiveofficersofthecompany donotreceive anycompensation. **2026projectedperdiempertainingtoBODmeetings.

ThereisnoemploymentcontractbetweentheregistrantandtheChairmanandallothersExecutive Officers.

There are no other arrangements pursuant to which any director of the company was compensated, or is to be compensated,directlyorindirectly.

Item11-SecurityOwnershipofCertainRecordandBeneficialOwnersandManagement (asofDecember31,2025)

a)SecurityOwnership ofCertainRecord andBeneficialOwners

Thefollowingtablesetsforthinformation with respecttoarecord orbeneficialownerdirectlyor indirectlyowning morethan5%of theCompany’sCapitalStock asofDecember31,2025.

Common CBC T/A-SCA#0011 CBCBuilding,TrustDept. P.deRoxas, MakatiCity Stockholder -do- Filipino

*PCD total shares include FilipinoandNon-Filipino.

NOTE:

1. None oftheholders ofthe Company’s common sharesregistered underthename ofPCD Nomineeownsmore than 5% ofthe company’scommonshares.

2. ThecorporateactsofPMMICarecarried out by its BoardofDirectorsandManagement.Ms.HelenY.DeeistheChairman ofPMMIC.

3. TheCorporate acts of AlsonsCons. Res., Inc.are carried outby itsBoard of Directors. Mr. NicasioI. Alcantarais the current presidentoftheCompany.

4. CBC T/A-SSC#0010 and T/A-SSC#0011are Trust Accounts with China Banking Corporation asTrustee. The Corporate acts of CBC are carried outby its Board ofDirectorsandManagement. Mr.Romeo D. Uyan, Jr.is the current CBCPresident and ExecutiveDirector.

b) SecurityOwnershipofManagementasof December31,2025.

ThefollowingarethenumberofsharesownedofrecordbytheDirectors,theChiefExecutiveOfficerand eachofthekeyofficersoftheCompanyandthepercentageofshareholdingsofeach:

Titleof Class NameofBeneficialOwner NameandPosition AmountandNature ofBeneficial Ownership Citizenships PercentofClass

Common RaulM.Leopando ChairmanoftheBoard 1“Direct”

“Indirect” FilipinoCommon MilagrosV.Reyes

andDirector

BasilL.Ong

Director

“Direct” Filipino -

“Direct” FilipinoCommon ChunBingG.Uy

“Direct”

1“Direct” FilipinoCommon NicasioI.Alcantara

Director

Common

“Indirect” Filipino -

ErnestineCarmenJoD.Villareal-Fernando IndependentDirector 1“Direct” Filipino -

Common JoseLuisF.Gomez Director 1“Direct” Filipino -

VictorV.Benavidez

SamuelV.Torres

“Direct” Filipino -

Secretary - FilipinoCommon LouieMarkR.Limcolioc Asst.CorporateSecretary - FilipinoCommon ArlanP.Profeta ChiefRiskOfficer - Filipino -

Common MariaCarmelaD.Hautea DataPrivacy Officer - Filipino -

As of December 31, 2025, the Company’s directors and executive officers owned an aggregate of 4,926 shares equivalent to 0.003% of the Company’s outstanding shares. None of the members of the Company’s directors and managementownsmorethan2%ormoreofthe outstandingcapitalstockoftheCompany.

Voting Trust Holdersof 5% or more - The Company is not aware of any voting trust or similar arrangement amongpersonsholdingmorethan 5%ofa classofshares.

Changesin Control- There had been no change in the control of the Company since the beginning of the last fiscalyear. TheCompanyhasno existingvotingtrustorchangeincontrolagreements.

Item12-CertainRelationshipsandRelatedTransactions

Therewerenorelatedtransactionsorproposedtransactionsduringthelasttwo(2)yearstowhich theregistrant wasoristobe aparty.

PARTIV-EXHIBITSANDSCHEDULES

Item13-ExhibitsandReports

a. 2025 and2024Audited FinancialStatements

b. SupplementaryInformationandDisclosuresrequiredonSRCRule68and68.1asamended

c. SustainabilityReport

d. ReportsonSECForm17-C

1. April3,2025 -ApprovalofAuditedFinancialStatements2024

2. June20,2025 -ResultsoftheOrganizationalMeeting

3. June20,2025 -ResultsofAnnualStockholders’Meeting

4. June27,2025 -ResultsoftheBoardofDirectors’Meeting-ShareBuybackthrough Tender OfferProcess

5. July9,2025 -SPMsolditsentire 11.33%interestequivalentto1,000,000 commonshares

6. December16,2025 -Cancellation andReplacementofOld StockCertificates

Item14- GeneralNotestoFinancialStatements

1. AssetssubjecttoLienandRestrictionsonSalesofAssets

AsofDecember31,2025,therewerenoassetsmortgaged,pledgedorotherwisesubjecttolien.

2. SubsequentEvents

TherewerenosubsequenteventsthatrequiredadjustmentsontheDecember31,2025Audited FinancialStatements.

3. Defaults-None

4. Thefollowingare notapplicableinthepreparationofthisreport.

a. Adjustments made that lead to the revenue recognition but which adjustmentscannotbeproperlysupported.

b. Changesinestimateswithoutproperdisclosurewhichhavetheimpactof improvingresultsofoperations.

c. Non-Application or misapplication of accounting principles and standards,misstatements,omissions,etc.

d. Other cases involving accounting and auditing matters resulting to possible concealment of a fraud or the creation of a risk for the commission offraud.

5. TheCompanyhasnoliabilityguaranteedbyothers.

6. Therewerenoassetspledgedagainstsecuredliabilities.

7. Eventsafter thedate ofStatementofFinancialPosition.

a. Dividends

ThereisnodividendproposalordeclarationneitheraftertheStatementofFinancial Positiondatenorbefore thefinancialstatementsareauthorized forissue.

b. Discontinuing Operations

Therewerenosignificanteventsafterthe StatementofFinancialPosition datebut beforethe financialstatementsareauthorizedforissuethatmaywarrantsuspension oftheCorporation’soperations.

c. Earningspershare

TherearenosignificanteventsaftertheStatementofFinancialPositiondate thatwill affectthe computationofearningsper share.

SIGNATURES:

The President acts as the Principal Operating Officer and Principal Executive Officer; and the Treasurer as the PrincipalFinancialOfficeroftheCompany.

Edel

Reina F. De Leon

From: Emerson T. Azul

Sent: Wednesday, April 15, 2026 2:31 PM

To: Edel Reina F. De Leon

Subject: FW: Your BIR AFS eSubmission uploads were received

From: eafs@bir.gov.ph <eafs@bir.gov.ph>

Sent: Wednesday, April 15, 2026 2:30 PM

To: Emerson T. Azul <etazul@petroenergy.com.ph>

Cc: Ma. Theresa A. Calate <macalate@petrogreen.com.ph>

Subject: Your BIR AFS eSubmission uploads were received

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Hi SEAFRONT RESOURCES CORPORATION,

Valid files

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Transaction Code: AFS-0-BEF5F66D0P4WV4Z4MVYV3WTV08KLH6GCL

Submission Date/Time: Apr 15, 2026 02:30PM

Company TIN: 000-194-465

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Annex A to the SEC Form 17-A: SRC Sustainability Report

Contextual Information

Company Details

Name of Organization

Seafront Resources Corporation (SPM or SRC)

Location of Headquarters 7F, JMT Building, ADB Avenue, Ortigas Center, Pasig City

Location of Operations Pasig City, Metro Manila; Bataan, Philippines

Report Boundary: Legal entities (e.g. subsidiaries) included in this report*

Business Model, including Primary Activities, Brands, Products, and Services

Reporting Period

Highest Ranking Person responsible for this report

Materiality Process

This report mainly covers SRC’s business as a Holding Company and its investment in Hermosa Ecozone Development Corporation (HEDC) up to July 8, 2025.

SRC, as a holding company, owns investments in various shares of stocks of companies listed in the Philippine Stock Exchange and, until July 8, 2025, in the shares of stock of HEDC. These investments represent 9.51 % of the total Assets of the Company.

January 1 to December 31, 2025

Milagros V. Reyes - President

Explain how you applied the materiality principle (or the materiality process) in identifying your material topics

As a holding Company, SRC has very minimal operations. Its sustainability focus was to ensure that its investment in capital market and business venture would yield optimum values for its shareholders. For this report, the material topics that were identified were those relating to economic impact and how the Company mitigates risks and recognizes opportunities.

In succeeding Sustainability Reports, the following additional steps will be employed to identify other material topics:

a) Identification – this involves discussion on sustainability issues and how the Company can focus its efforts on crafting its sustainability agenda;

b) Prioritization – this entails determination and prioritization of the material topics based on the relevance and degree of impact to business’ operations; and

c) Validation – this pertains to the process of gathered pertinent data to further deliberate on the topic and validate results.

ECONOMIC

Economic Performance

Direct Economic Value Generated and Distributed

* Revenues from interest income, dividends from other investments in capital markets, etc.

Direct Economic Value

Discussion on Impact, Risks, and Management Approach

Seafront Resources Corporation (SPM or SRC) was registered with the Securities and Exchange Commission (SEC) on April 16, 1970 as an oil exploration and production company. On October 18, 1996, the Company amended its Articles of Incorporation which provides for the revision of its primary purpose from engaging in the business of oil exploration and production into a holding company.

On January 31, 1997, the Company entered into a Project Shareholders’ Agreement with five other companies led by Investment and Capital Corporation of the Philippines and Penta Capital Investment Corporation to develop 500 to 600 hectares of raw land in Hermosa, Bataan (through Hermosa Ecozone Development Corporation or HEDC) into a new township consisting of industrial estates, residential communities, a golf and country club and a commercial center. SRC holds 11.33% shares interest in HEDC.

HEDC started its land development in 2002 and has developed a total of 163 hectares in the industrial area. The remaining 368 hectares are allocated for leisure area. Initial sale of lotwas atPhp1,400/sqm in 2007.Sales started to pick up from 2017 to 2025. From 2017 to 2025, HEDC sold a total of 1,065,948 sqm of lots for a gross revenue of Php3.943 billion. The said investment was subsequently sold on July 8, 2025 for a total consideration of P=325 million.

HEDC has already declared and paid a total of Php1,049 million of dividends, wherein SRC received its share in the amount of Php119 million.

For 2025, the direct economic value contributed by SRC amounted to Php 12.29 million which came from interest income from money market placements, dividends from investments in stocks with corresponding general and administrativecostsof Php 6.05 million from operationand Php 0.78 million taxes to government.

SRC’s management and administration are done by its affiliate Company, PetroEnergy Resources Corporation (PERC).PERCoverseesthefinancial, treasury, legal,andadministrativefunctionsof SRC.Asaholdingcompany, SRC has very minimal to no environmental and social impact. However, its generated economic value, which includes taxes paid to government, indirectly contributes to social development projects of host local government units where it operates.

SRC recognizes the following risks and implements several management approaches to mitigate the identified risks.

(1) Political, Economic, and Legal Risks in the Philippines

As an emerging market, the Philippines is exposed to various political and economic risks that may affect the Company. Over the years, the country was met with political instability brought by mass demonstrations, military coup, and election-related issues. These scenarios undeniably affect the

Philippine economy resulting in negative impact such as decline in Peso, higher interest rates, increased unemployment, greater volatility and lower value of stock market, lower credit rating of the country, and the reduction of the country’s foreign currency reserves. Any negative impact may also pose a negative effect to SRC’s financial performance.

(2) Equity Partnership Risk

The Company previously entered into a Project Shareholders’ Agreement with five other companies, led by Investment and Capital Corporation of the Philippines and Penta Capital Investment Corporation, for the development of approximately 500–600 hectares of raw land in Hermosa, Bataan into an integrated township comprising industrial estates, residential communities, a golf and country club, and a commercial center.

However, the Project Shareholders’ Agreement has since been terminated, and the Company has fully divested its shares in the project. As such, the equity partnership risks previously associated with the arrangement—including potential conflicts of interest, non-fulfillment of obligations by partners, and financial difficulties—are no longer applicable.

Moving forward, the Company is exploring potential investments in the energy sector, which may present a different set of risks and opportunities.

(3) Financial Risk

The main financial risks arising from the Company’s financial instruments are liquidity risk, market risk and interest rate risk.

Liquidity risk is the risk that the Company is unable to meet its financial obligations when due. The Company has substantial investments in shares of stock which are not listed in the Philippine Stock Exchange and may not be readily convertible to liquid assets necessary to meet any potential additional liquidity requirements of the Company. Investments in unquoted equity securities classified as financial assets at FVOCI amounted to nil and ₱603.07 million, as of December 31, 2025 and 2024, respectively. The said investment was subsequently sold on July 8, 2025 for a total consideration of P =325 million. As of December 31, 2025, majority of the Company’s assets consisted of cash and cash equivalents, thereby reducing the liquidity risk at a very minimal to nil level.

The Company monitors its cash position and overall liquidity position in assessing its exposure to liquidity risk. The Company maintains a level of cash and cashequivalents deemed sufficient to finance operations and to mitigate the effects of fluctuation in cash flows.

The Company’s accounts payable and accrued expenses are all settled on a monthly basis.

Market risk is the risk of loss on future earnings, on fair values or on future cash flows that may result from changes in market prices. The value of a financial instrument may change as a result of changes in interest rates, foreign currency exchanges rates, commodity prices, equity prices and other market changes. The Company’s market risk emanates from its holdings in debt and equity securities.

The Company’s exposure to interest rate risk pertains to changes in fixed interest rates related primarily to the Company’s money market placements and debt securities.

There is no other impact on the Company’s equity other than those already affecting net income.

(4) Risks due to health crisis or pandemic

Health crisis, such as the COVID-19 pandemic which started in late 2019, also negatively affected the financial markets. SRC was exposed to this risk because of its then investments in HEDC’s shares of stock. However, as a Company with limited or very little on-site operations, SRC is able to perform its corporate functions despite disruptions in many businesses.

To mitigate these risks, SRC closely monitors global and national economic and political issues that may have impact to the Company. In addition, it also establishes and cultivates good relationship and mutual respect among its partners to ensure that equity risk is mitigated.

To manage health-related risks, SRC will ensure unhampered operations by employing business continuity practices and tools.

To manage its financial risks, SRC continuously monitors its cash position and overall liquidity position. The Company maintains a level of cash and cash equivalents deemed sufficient to finance operations and to mitigate the effects of fluctuation in cash flows.

SRC also closely monitors the prices of its debt and equity securities as well as macroeconomic and entityspecific factors which could directly or indirectly affect the prices of these instruments. In case of an expected decline in its portfolio of equity securities, the Company readily disposes or trades the securities for replacement.

Discussion on Opportunities

To further improve the economic value of SRC, the Company recognizes other opportunities in the capital markets by building up on its reputation as a profitable holding company. SRC divested its shares in HEDC to generate capital for strategic investments aimed at driving future growth and strengthening its market position, particularly in the energy sector.

Climate-related risks and opportunities

As a holding Company, SRC is not directly at risk of climate-related threats. However, the SRC Board of Directorsistaskedto primarilymanagetheoverallrisksandopportunities byestablishingthe Audit Committee and Board Risk Oversight Committee (BROC).

At present the Company has no formal climate-related risk strategies and metrics. Nonetheless, the Company will consider adopting a formal enterprise risk management program.

Procurement Practices

Proportion of spending on local suppliers

Disclosure

Percentage of procurement budget used for significant locations of operations that is spent on local suppliers

The current operations of SRC does not involve spending on local suppliers.

Anti-corruption

Training on Anti-corruption Policies and Procedures

Percentage of employees to whom the organization’s anticorruption policies and procedures have been communicated to

Percentage of business partners to whom the organization’s anticorruption policies and procedures have been communicated to

Percentage of directors and management that have received anti-corruption training

Percentage of employees that have received anti-corruption training

*SRC has no employees.

Incidents of Corruption

Number of incidents in which directors were removed or disciplined for corruption

of incidents in which employees were dismissed or disciplined for corruption

Number of incidents when contracts with business partners were terminated due to incidents of corruption

Anti-Corruption

SRC’s Board of Directors participate in annual seminar on Corporate Governance to keep abreast of the best practices in corporate governance. No corruption incidents were reported in 2025.

ENVIRONMENT

Over the years, SRC’s investee, HEDC follows best practices in environmental management and adheres to the highest environmental protection standards. It likewise implements waste reduction and proper disposal protocols to ensure that impact to environment is managed and mitigated. HEDC also encourages and welcomes locators who are into the renewable energy business. In 2016, an all-Filipino solar company, YH Green Energy Company, started to generate electricity from its 14.5 MW utility scale solar power project located in HEDC. This project does not only contribute to power stability in the country, but most importantly help combat GHG emissions.

Resource Management

Water consumption within the organization

Materials used by the organization

Ecosystems and biodiversity (whether in upland/watershed or coastal/marine)

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

Habitats protected or restored

IUCN1 Red List species and national conservation list species with habitats in areas affected by operations

Environmental impact management

Air Emissions GHG

Direct (Scope 1) GHG Emissions

Energy indirect (Scope 2) GHG Emissions

Emissions of ozone-depleting substances (ODS)

Air pollutants

Solid and Hazardous Wastes

Hazardous Waste

weight of hazardous waste generated

weight of hazardous waste transported

Effluents

Disclosure

Total volume of water discharges

Percent of wastewater recycled

Environmental compliance

Non-compliance with Environmental Laws and Regulations Disclosure

Total amount of monetary fines for non-compliance with environmental laws and/or regulations

No. of non-monetary sanctions for non-compliance with environmental laws and/or regulations

No. of cases resolved through dispute resolution mechanism

SOCIAL

This section is not applicable directly to SRC since the Company has no employees. The data presented in this section pertains to the HEDC’s which SRC owned 11.33% interest until July 8, 2025.

Employee Management

Employee Hiring and Benefits

Employee data

2 Employeesareindividualswhoare inanemploymentrelationshipwiththeorganization,accordingtonationallaworitsapplication(GRIStandards 2016Glossary)

3 Attritionare =(no.ofnewhires–no.ofturnover)/(averageoftotalno.ofemployeesofpreviousyearand totalno.ofemployeesofcurrentyear)

Employee benefits

(aside from PhilHealth)

Housing

(aside from Pagibig)

(aside from SSS)

(Others)

Employee Training and Development

Labor-Management Relations

employees covered with Collective Bargaining Agreements

of consultations conducted with employees concerning employee-related policies

Diversity and Equal Opportunity

of female workers in the workforce

of male workers in the workforce

Number of employees from indigenous communities and/or vulnerable sector*

*Vulnerable sector includes, elderly, persons with disabilities, vulnerable women, refugees, migrants, internally displaced persons, people living with HIV and other diseases, solo parents, and the poor or the base of the pyramid (BOP; Class D and E).

Workplace Conditions, Labor Standards, and Human Rights

Occupational Health and Safety

Disclosure

Safe Man-Hours

No. of work-related injuries

No. of work-related fatalities

No. of work-related ill-health

No. of safety drills

Labor Laws and Human Rights

Disclosure

No. of legal actions or employee grievances involving forced or child labor #

#

#

Do you have policies that explicitly disallows violations of labor laws and human rights (e.g. harassment, bullying) in the workplace?

If Yes, cite reference in the company policy

Supply Chain Management

Do you have a supplier accreditation policy? If yes, please attach the policy or link to the policy:

Do you consider the following sustainability topics when accrediting suppliers? Topic

Relationship with Community Significant Impacts on Local Communities

Operations with significant (positive or negative) impacts on local communities

(exclude CSR projects; this has to be business operations)

Vulnerable groups (if applicable)* Does the particular operation have impacts on indigenous people (Y/N)?

Collective or individual rights that have been identified that or particular concern for the community Mitigating measures (if negative) or enhancement measures (if positive)

Customer Management

Customer

Satisfaction

Disclosure Score Did a third party conduct the customer satisfaction study (Y/N)?

Customer satisfaction N/A

Health and Safety

No. of substantiated complaints on product or service health and safety* N/A

No. of complaints addressed

*Substantiated complaints include complaints from customers that went through the organization’s formal communication channels and grievance mechanisms as well as complaints that were lodged to and acted upon by government agencies.

Marketing and labelling

No. of substantiated complaints on marketing and labelling*

No. of complaints addressed

*Substantiated complaints include complaints from customers that went through the organization’s formal communication channels and grievance mechanisms as well as complaints that were lodged to and acted upon by government agencies.

Customer

privacy

No. of substantiated complaints on customer privacy*

No. of complaints addressed

No. of customers, users and account holders whose information is used for secondary purposes

*Substantiated complaints include complaints from customers that went through the organization’s formal communication channels and grievance mechanisms as well as complaints that were lodged to and acted upon by government agencies.

Data Security

No. of data breaches, including leaks, thefts and losses of data

UN SUSTAINABLE DEVELOPMENT GOALS

Product or Service Contribution to UN SDGs

Key products and services and its contribution to sustainable development. Key Products and Services Societal Value / Contribution to UN SDGs Potential Negative Impact of Contribution Management Approach to Negative Impact

Investment in stocks and capital market

SRC’s investment in HEDC contributes to SDG 9 by helping companies finance projects that will boost manufacturing industries and infrastructure

Absence of risk management program may consequently result in negative impact to financed businesses and investments

SRC closely monitors the various economic, political, and financial risks that may affect the Company.

* None/Not Applicable is not an acceptable answer. For holding companies, the services and products of its subsidiaries may be disclosed.

GENERAL FORM FOR FINANCIAL STATEMENTS

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION

CURRENT ADDRESS: 8637-2917

7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City

TEL. NO.:

COMPANY TYPE : HOLDING

If these are based on consolidated financial statements, please so indicate in the caption.

Table 1. Statements of Financial Position

ASSETS (A.1 + A.2 + A.3 + A.4 + A.5 + A.6 + A.7 + A.8 + A.9 + A.10) A.1

Current Assets (A.1.1 + A.1.2 + A.1.3 + A.1.4 + A.1.5)

Cash and cash equivalents (A.1.1.1 + A.1.1.2 + A.1.1.3) On hand

A.1.1.1

A.1.1.2 In domestic banks/entities

A.1.2 Trade and Other Receivables (A.1.2.1 + A.1.2.2)

A.1.1 Advances to Suppliers Receivable from HEDC

A.1.2.1.1 A.1.2.1.2

Dividends receivable In foreign banks/entities

A.1.2.1 Due from domestic entities (A.1.2.1.1 + A.1.2.1.2 + A.1.2.1.3 + A.1.2.1.4) Due from customers (trade) Due from related parties

Receivables from a consortium operator Accrued interest Notes receivable Others, specify (A.1.2.1.3.1+A.1.2.1.3.2)

Others Allowance for doubtful accounts (negative entry)

A.1.2.2 Due from foreign entities, specify (A.1.3.2.1 + A.1.3.2.2 + A.1.3.2.3 + A.1.3.2.4)

Allowance for doubtful accounts (negative entry)

A.1.3 Inventories (A.1.3.1 + A.1.3.2 + A.1.3.3 + A.1.3.4 + A.1.3.5 + A.1.3.6)

A.1.3.1 Raw materials and supplies

A.1.3.2Goods in process (including unfinished goods, growing crops, unfinished seeds)

A.1.3.3 Finished goods

A.1.3.4 Merchandise/Goods in transit

A.1.4 National Government Public Financial Institutions

Financial Assets other than Cash/Receivables/Equity investments (A.1.4.1 + A.1.4.2 + A.1.4.3 + A.1.4.4+A.1.4.5+A.1.4.6)

A.1.4.1 Financial Assets at Fair Value through Profit or Loss - issued by domestic entities (A.1.4.1.1 + A.1.4.1.2 + A.1.4.1.3 + A.1.4.1.4 + A.1.4.1.5)

A.1.1.3 Public Non-Financial Institutions

A.1.4.2

NOTE: Held to Maturity Investments - issued by domestic entities (A.1.4.2.1 + A.1.4.2.2 + A.1.4.2.3 + A.1.4.2.4 + A.1.4.2.5)

ThisgeneralformisapplicabletocompaniesengagedinAgriculture,Fishery,Forestry,Mining,andQuarrying,Manufacturing,Electricity,GasandWater,Construction,WholesaleandRetailTrade, Transportation,StorageandCommunications,HotelsandRestaurants,RealEstate,Community,SocialandPersonalServices,otherformsofproduction,andgeneralbusinessoperations.Thisformisalso applicabletoothercompaniesthatdonothaveindustry-specificSpecialForms.Specialformsshallbeusedbypublicly-heldcompaniesandthoseengagedinnon-bankfinancialintermediationactivities,credit granting, and activities auxiliary to financial intermediation, which require secondary license from SEC.

DomesticcorporationsarethosewhichareincorporatedunderPhilippinelawsorbranches/subsidiariesofforeigncorporationsthatarelicensedtodobusinessinthePhilippineswherethecenterofeconomic interest or activity is within the Philippines. On the other hand, foreign corporations are those that are incorporated abroad, including branches of Philippine corporations operating abroad.

FinancialInstitutionsarecorporationsprincipallyengagedinfinancialintermediation,facilitatingfinancialintermediation,orauxiliaryfinancialservices.Non-Financialinstitutionsrefertocorporationsthatare primarily engaged in the production of market goods and non-financial services.

GENERAL FORM FOR FINANCIAL STATEMENTS

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION

7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City TEL. NO.:

CURRENT ADDRESS: 8637-2917

COMPANY TYPE :

If these are based on consolidated financial statements, please so indicate in the caption.

Loans and Receivables -issued by domestic entities: National Government

A.1.4.3.1 A.1.4.3.2

A.1.4.3.3

Financial Assets at Fair Value Through other ComprhensiveIncome (FVOCI)

A.1.4.4.2

Public Financial Institutions

Public Non-Financial Institutions

Private Financial Institutions

Private Non-Financial Institutions

Financial Assets issued by foreign entities: (A.1.4.5.1+A.1.4.5.2+A.1.4.5.3+A.1.4.5.4)

Held-to-maturity investments HOLDING

A.1.5 Other Current Assets (state separately material items) (A.1.5.1 + A.1.5.2 + A.1.5.3) CreditableInputVAT

Other investment

Prepaid taxes

A.1.5.3

Supplies Inventory

A.1.5.3

A.2.2

A.2.3

A.1.4.6 Allowancefor decline in market value (negativeentry) Machinery and equipment (on handand in transit)

612585 A.1.5.1 A.1.5.2 A.1.5.3

583559

A.1.5.3 2926

asset

Property, plant, and equipment (A.2.1 + A.2.2 + A.2.3 +

A.2.1 Land

A.2.4 Transportation/motor vehicles,automotive equipment, autos and trucks, and delivery equipment

A.2.5Others, specify (A.2.5.1 + A.2.5.2 + A.2.5.3 + A.2.5.4+ A.2.5.5)

A.2.5.1Property, or equipment used for education purposes

A.2.5.2Construction in progress

A.2.6Appraisal increase, specify (A.2.6.1+ A.2.6.2 + A.2.6.3+ A.2.6.4)

A.2.7 Accumulated Depreciation (negative entry)

Investments accounted for using the equity method (A.3.1 + A.3.2 + A.3.3 )

A.3.1Equity in domestic subsidiaries/affiliates Equity in foreign branches/subsidiaries/affiliates

A.3.2

A.2.8 Impairment Loss or Reversal (if loss, negativeentry) A.3.3.1 A.3.3.2

Others, specify (A.6.2.1 + A.6.2.2 + A.6.2.3+ A.6.2.4) Intangible Assets (A.6.1 +

Table 1. Statements of Financial Position

Table 1. Statements of Financial Position

CURRENT ADDRESS: 8637-2917

GENERAL FORM FOR FINANCIAL STATEMENTS NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION A.10.4Others, specify

7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City

If these are based on consolidated financial statements, please so indicate in the caption. COMPANY TYPE : HOLDING Deferred charges - net of amortization

Long-term receivables (net of current portion) (A.9.1 + A.9.2 + A.9.3)

A.9.1.

A.9.1.1

A.9.1.2

A.9.1.3

A.9.1.4

Other noncurrent asset

Allowance for write-down of deferred charges/bad accounts (negativeentry)

B. LIABILITIES(B.1+B.2+B.3+B.4+B.5)77475,492

B.1.1.1 Loans/Notes Payables

B.1.1.2 Trade Payables

B.1.1.3 B.1.1.3.1

B.1.2 Accruals

Withholding tax payable

Deferred credits

Others, specify (B.1.1.4.1 + B.1.1.4.2 + B.1.1.4.3) Derivative liability Trade and Other Payables to Domestic Entities

B.1.2.1

B.1.2.2

B.1.2.3

B.1.3Provisions

B.1.5 B.1.6

B.1.7 Deferred Income Tax Allowance for doubtful accounts, net of current portion (negative entry)

Trade and Other Payables to Foreign Entities (specify) (B.1.2.1+B.1.2.2+B.1.2.3+B.1.2.4)

Liabilities (excluding Trade and Other Payables and Provisions)

Others, specify (If material, state separately; indicate if the item is payable to public/private or

B.1.7.1 Dividends declared and not paid at balance sheet date

B.1.7.2 Acceptances Payable

B.1.7.3 Liabilities under Trust Receipts

B.1.7.4 Portion of Long-term Debt Due within one year

B.1.7.5 Deferred Income

B.1.7.6

Any other current liability in excess of 5% of Total Current Liabiilities, specify:

B.1.7.6.1

B.1.7.6.2

Table 1. Statements of Financial Position

GENERAL FORM FOR FINANCIAL STATEMENTS

CURRENT ADDRESS: 7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City

TEL. NO.: 8637-2917

If these are based on consolidated financial statements, please so indicate in the caption.

Table 1. Statements of Financial Position

Table 1. Statements of Financial Position DomesticPublicNon-FinancialInstitutions ForeignFinancialInstitutions

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION B.5

AuthorizedCapitalStock(no.ofshares,parvalueandtotalvalue;showdetails)

388,000388,000 388,000388,000

C.6.5

GENERAL FORM FOR FINANCIAL STATEMENTS

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION

7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City TEL. NO.:

CURRENT ADDRESS: 8637-2917

COMPANY TYPE : HOLDING

If these are based on consolidated financial statements, please so indicate in the caption.

Table 2. Statements of Income

REVENUE/INCOME(A.1+A.2+A.3)

A.1NetSalesorRevenue/ReceiptsfromOperations (manufacturing,mining,utilities,trade,

ShareintheProfitorLossofAssociatesandJointVenturesaccountedforusingthe

OtherRevenue(A.3.1+A.3.2+A.3.3+A.3.4+A.3.5)

A.3.1

A.3.2

A.3.4 A.3 ReceiptsfromSaleofMerchandise(trading)(fromSecondaryActivity) RentalIncomefromLandandBuildings

A.3.3SaleofRealEstateorotherPropertyandEquipment Royalties,FranchiseFees,Copyrights(books,films,records,etc.)

12,2937,9016,642

Others,specify(A.3.5.1+A.3.5.2+A.3.5.3+A.3.5.4+A.3.5.5+ A.3.5.6+A.3.5.7)

Netgainsonfairvaluechangesonfinancial assetsatFVPL A.3.5

OtherIncome(non-operating)(A.4.1+A.4.2+A.4.3+A.4.4) A.4

A.4.1 InterestIncome

A.4.2 DividendIncome

A.4.3

A.4.4

NetgainonFVchangesonfinancialassetatFVPTL

Gain/(Loss)fromsellingofAssets,specify

A.4.4 Gain/(Loss)onForeignExchange(A.4.4.1+A.4.4.2+A.4.4.3+A.4.4.4)

12,2937,9016,642 10,1376,9284,271 928551696 1,0291,279

199422396

B.1.2

negativeentry)

COSTOFSERVICES,SPECIFY(D.1+D.2+D.3+D.4+D.5+D.6) C.3 MerchandiseInventory,End(negativeentry)

GENERAL FORM FOR FINANCIAL STATEMENTS

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION

7th Floor JMT Building, ADB Avenue, Ortigas Center, Pasig City TEL. NO.:

CURRENT ADDRESS: 8637-2917

COMPANY TYPE : HOLDING

If these are based on consolidated financial statements, please so indicate in the caption.

H.

G.1SellingorMarketingExpenses

G.2AdministrativeExpenses6,0472,6292,669

G.3GeneralExpenses

G.4OtherExpenses,specify(G.4.1+G.4.2+G.4.3+G.4.4+G.4.5+G.4.6)8,368 G.4.1NetlossonfairvaluechangesonfinancialassetsatFVPL8,368 G.4.2 G.4.3 G.4.4 G.4.5 G.4.6

Unrealizedforeigncurrencyexchangeloss Realizedforeigncurrencyexchangeloss

Unrealizedmarked-tomarketlossfromcurrencyforward Impairmentlossonavailable-for-salefinancialassets

FINANCE COSTS

NET INCOME (LOSS) BEFORE TAX ( F - G - H)

Amount of (i) Post-Tax Profit or Loss of Discontinued Operations; and (ii) Post-Tax Gain or Loss Recognized on theMeasurement of Fair Value less Cost to Sell or on the Disposal of the Assets or Disposal Group(s)

M.Profit or Loss Attributable to Minority Interest N.Profit or Loss Attributable to Equity Holders of the Parent

Table 2. Statements of Income

GENERALFORMFORFINANCIALSTATEMENTS

SEAFRONTRESOURCESCORPORATION

CURRENTADDRESS: 8637-2917 7thFloorJMTBuilding,ADBAvenue,OrtigasCenter,PasigCity TEL.NO.:

If these are based on consolidated financial statements, please so indicate in the caption.

NAMEOFCORPORATION: Payments of: Table1.StatementsofFinancialPosition Proceeds from sale of financial assets at FVPL

received B. Net Cash Provided by (Used in) Investing Activities (sum of above rows)

Acquisitions of AFS financial assets Income taxes paid

Decrease of AFS Payment of documentary stamp tax

unrealized foreign currency exchange loss (gain) Write-down of Property, Plant, and Equipment C. Net Cash Provided by (Used in) Financing Activities (sum of above rows) Acquisitions of financial assetsat FVPL CASH FLOWS FROM INVESTING ACTIVITIES

A. Net Cash Provided by (Used in) Operating Activities (sum of above rows)

INCREASE IN CASH AND CASH EQUIVALENTS (A + B + C) CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from: Cash and Cash Equivalents Beginning of year End of year

GENERAL FORM FOR FINANCIAL STATEMENTS

NAME OF CORPORATION: SEAFRONT RESOURCES CORPORATION

COMPANY TYPE :

HOLDING

If these are based on consolidated financial statements, please so indicate in the caption.

Table 4. Statements of Changes in Equity

CURRENT ADDRESS: TEL. NO.: 7th Floor JMT Building, ADB Avenue, Ortigas 8637-2917 (Amount in P'000)

FINANCIAL DATA

Balance, 31-Dec-23

A.1 Correction of Error (s)

A.2 Changes in Accounting

Surplus

C.1Surplus (Deficit) on Revaluation of Properties

C.2Surplus (Deficit) on Revaluation of Investments

C.3 Currency Translation

C.4 Other Surplus (specify) Transfer of cumulative gain on equity securities at FVOCI realized through disposal

Net Income (Loss) for the Period Dividends (negative entry) Appropriation for (specify)

G.1 Common Stock Preferred Stock Others Issuance of Capital Stock

Balance, 31-Dec-24

Error (s)

H.2 Changes in Accounting

Surplus

J.1Surplus (Deficit) on Revaluation of Properties

J.2Surplus (Deficit) on Revaluation of Investments

SECURITIESAND EXCHANGE COMMISSION

SEC

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) Apr 2, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code (632) 86372917

9. Former name or former address, if changed since last report -

10. 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 andAmount of Debt Outstanding COMMON 163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form ETF-12- Material Information/Transactions

Reference: Section 6 of the Rules on Exchange Traded Funds

Subject of the Disclosure

Please be informed that, at the meeting of the Board of Directors of Seafront Resources Corporation, held onApril 2, 2025, through electronic means of communication, at which meeting a quorum was present, upon recommendation by theAudit Committee, the Board approved the 2024Audited Financial Statements.

Background/Description of the Disclosure

Please see attached SEC 17C

Other Relevant Information

Filed on behalf by:

Name Louie Mark Limcolioc

Designation Asst. Corporate Secretary

1. April 2, 2025

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

Date of Report (Date of earliest event reported)

2. SEC Identification Number: 40979 3. BIR Tax Identification Number: 000-194-465

Exact name of issuer as specified in its charter

5. Metro Manila, Philippines 6. (SEC Use Only)

Province, country or other jurisdiction of incorporation Industry Classification Code: 7.

1600

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. 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 stock shares 163,000,000

11. Indicate the item numbers reported herein:

Item No. 9 – Other Events

At the meeting of the Board of Directors of Seafront Resources Corporation (SPM), held on April 2, 2025, through electronic means of communication, at which meeting a quorum was present, upon recommendation by the Audit Committee, the Board approved the 2024 Audited Financial Statements.

7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer By:

Atty. Louie Mark Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

SECURITIESAND EXCHANGE COMMISSION

SEC 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) Jun 19, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465-000

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code (632) 8637 2917

9. Former name or former address, if changed since last report --

10. 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 andAmount of Debt Outstanding COMMON 163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Organizational Meeting of the Board of Directors of Seafront Resources Corporation held immediately after theAnnual Stockholders’Meeting on June 19, 2025.

Background/Description of the Disclosure

Results of Seafront Resources Corporation’s Organizational Meeting held on June 19, 2025.

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person

Roberto Jose L. Castillo CHAIRMAN

Milagros V. Reyes President

MedelT. Nera Treasurer

Position/Designation Shareholdings in the Listed Company Nature of Indirect Ownership

Samuel V.Torres Corporate Secretary, Chief Information Officer

Louie Mark R. Limcolioc Assistant Corporate Secretary,Alternate Information Officer, Compliance Officer

Arlan P. Profeta Chief Risk Officer

Maria Carmela D. Hautea Data Privacy Officer

Maritess D. Reyes Investor Relations Officer

List of Committees and Membership

Name of Committees Members Position/Designation in Committee

Corporate Governance Committee Ernestine Carmen Jo D. Villareal-Fernando Ch Chairman

Corporate Governance Committee Nicasio I.Alcantara Member

Corporate Governance Committee Basil L. Ong Member

Audit Committee/BROC Nicasio I.Alcantara Chairman

Audit Committee/BROC Ernestine Carmen Jo D. Villareal-Fernando Member

Audit Committee/BROC Basil L. Ong Member

List of other material resolutions, transactions and corporate actions approved by the Board of Directors

Results of Organizational Meeting of Board of Directors

Please see attached SEC Form 17-C Cover for SRC Organizational Meeting.

Other Relevant Information

Filed on behalf by:

Name Louie Mark Limcolioc

Designation Asst. Corporate Secretary

AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. June 19, 2025

Date of Report (Date of earliest event reported)

Exact name of issuer as specified in its charter

(SEC Use Only)

Province, country or other jurisdiction of incorporation Industry Classification Code:

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class

11. Indicate the item numbers reported herein:

At the Organizational Meeting held immediately after the Annual Stockholders, the Board of Directors elected the following: 1. Corporate Officers

Mr. Roberto Jose L. Castillo – Chairman

Ms. Milagros V. Reyes – President

Mr. Medel T. Nera – Treasurer

Atty. Samuel V. Torres – Corporate Secretary

Atty. Louie Mark R. Limcolioc – Assistant Corporate Secretary Compliance Officer

2. Chairperson and Members of Board Committees

a) Corporate Governance Committee

Chairperson Atty. Ernestine Carmen Jo D. Villareal-Fernando Independent Director

Member Mr. Nicasio I. Alcantara Independent Director

Member Mr. Basil L. Ong Lead Independent Director

b) Audit Committee and Board Risk Oversight Committee

Chairperson

Mr. Nicasio I. Alcantara Independent Director

Member Atty. Ernestine Carmen Jo D. Villareal-Fernando Independent Director

Member Mr. Basil L. Ong Lead Independent Director

3. Other Appointments

Atty. Samuel V. Torres – Chief Information Officer

Atty. Louie Mark M. Limcolioc – Alternate Information Officer

Atty. Arlan P. Profeta – Chief Risk Officer

Atty. Maria Carmela D. Hautea – Data Privacy Officer

Ms. Maritess D. Reyes – Information Relations Officer

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer By:

Atty. Louie Mark R. Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

SECURITIESAND EXCHANGE COMMISSION

SEC 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) Jun 19, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465-000

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code (632) 86372817

9. Former name or former address, if changed since last report --

10. 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 andAmount of Debt Outstanding COMMON 163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form 4-24 - Results ofAnnual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Seafront Resources Corporation'sAnnual Stockholders' Meeting 2025

Background/Description of the Disclosure

Seafront Resources Corporation’s 2025ASM was conducted through Remote Means of Communication today, June 19, 2025 (Thursday) at 3:30 P.M.

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer

of Person Shareholdings in the Listed Company

Ernestine Carmen Jo D. Villareal-Fernando

Nicasio I.Alcantara

Yvonne S.Yuchengco

Luis F. Gomez

Victor V. Benavidez

External auditor SYCIPGORRES VELAYO & CO.

List of other material resolutions, transactions and corporate actions approved by the stockholders

(1) Certification of Service of Notice;

(2) Determination of Quorum/Call to Order;

(3)Approval of Minutes of the previous Regular Stockholders’Meeting held on June 20, 2024;

(4)Approval of Management Report and the 2024Audited Financial Statements contained in the 2024Annual Report; (5) Confirmation and Ratification of all acts, contracts and investments made and entered into by Management and/or the Board of Directors during the period from June 20, 2024 to June 19, 2025;

(6) Election of Members of the Board of Directors for 2025-2026:

a.Approval of the retention and reelection of Mr. Nicasio I.Alcantara andAtty. Ernestine Carmen Jo D. Villareal as Independent Directors.

(7)Appointment of ExternalAuditors;

(8) Other Matters; and (9)Adjournment.

Other Relevant Information

Results ofAnnual or Special Stockholders' Meeting

Please see attached SEC Form 17C on the Results of theAnnual Stockholders' Meeting of Seafront Resources Corporation.

Filed on behalf by:

Name Louie Mark

Limcolioc

Designation Asst. Corporate Secretary

License Type, If Applicable)

AND

COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. June 19, 2025

Date of Report (Date of earliest event reported)

Exact name of issuer as specified in its charter

(SEC Use Only)

Province, country or other jurisdiction of incorporation Industry Classification Code:

JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

11. Indicate the item numbers reported herein:

At the Annual Stockholders’ Meeting held today, June 19, 2025, the Stockholders approved the following:

(1) Approval of Minutes of the last Regular Stockholders’ Meeting held on June 20, 2024;

(2) Approval of Management Report and the 2024 Audited Financial Statements contained in the 2024 Annual Report;

(3) Confirmation and Ratification of all acts, contracts and investments made and entered into by Management and/or the Board of Directors during the period June 20, 2024 to June 19, 2025;

(4) Election of the following nine (9) members of the Board of Directors for the year 20252026 and until their successors are elected and qualified:

ROBERTO JOSE L. CASTILLO Director/Chairman

MILAGROS V. REYES Director/President

MEDEL T. NERA Director/Treasurer

BASIL L. ONG Lead Independent Director

ERNESTINE CARMEN JO D. Independent Director

VILLAREAL-FERNANDO

NICASIO I. ALCANTARA Independent Director

YVONNE S. YUCHENGCO Director

JOSE LUIS F. GOMEZ Director

VICTOR V. BENAVIDEZ Director

a. Approval of the retention and reelection of Mr. Nicasio I. Alcantara and Atty. Ernestine Carmen Jo D. Villareal as Independent Directors.

(5) Appointment of SyCip Gorres Velayo & Company (SGV & Co.), as the External Auditors of the Company for the year 2025-2026

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer By: Atty. Louie Mark Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

SECURITIESAND EXCHANGE COMMISSION

SEC 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) Jun 27, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465-000

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code (632) 86372817

9. Former name or former address, if changed since last report --

10. 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 andAmount of Debt Outstanding COMMON 163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form 4-30 - Material Information/Transactions

References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Board of Directors' Meeting - Share Buyback throughTender Offer Process of Seafront Resources Corporation

Background/Description of the Disclosure

The Board of Directors of the Corporation, at its special meeting held today, June 27, 2025, approved the adoption and implementation of a share buyback program through theTender Offer Process (TOP) under Rule 19 of the Securities Regulation Code.The offer price, timing, and other terms and conditions shall be determined and disclosed accordingly.

Other Relevant Information

Filed on behalf by:

Name Louie Mark Limcolioc

Designation Asst. Corporate Secretary

AND

COMMISSION

FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. June 27, 2025

Date of Report (Date of earliest event reported)

Exact name of issuer as specified in its charter

Province, country or other jurisdiction of incorporation Industry Classification Code:

JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

11. Indicate the item numbers reported herein:

The Board of Directors of the Corporation, at its special meeting held today, June 27, 2025, approved the adoption and implementation of a share buyback program through the Tender Offer Process (TOP) under Rule 19 of the Securities Regulation Code. The offer price, timing, and other terms and conditions shall be determined and disclosed accordingly.

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer

By: Atty. Louie Mark Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

SECURITIESAND EXCHANGE COMMISSION

SEC 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) Jul 9, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code (632) 86372917

9. Former name or former address, if changed since last report --

10. 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 andAmount of Debt Outstanding COMMON 163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Seafront Resources Corporation sold its entire 11.33% interest equivalent to 1,000,000 common shares

Background/Description of the Disclosure

Please see attached SEC 17C

Other Relevant Information

Filed on behalf by:

Name Louie Mark Limcolioc

Designation Asst. Corporate Secretary

1. July 9, 2025

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

Date of Report (Date of earliest event reported)

2. SEC Identification Number: 40979 3. BIR Tax Identification Number: 000-194-465

CORPORATION

Exact name of issuer as specified in its charter

5. Metro Manila, Philippines 6. (SEC Use Only)

Province, country or other jurisdiction of incorporation Industry Classification Code: 7.

1605

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. 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 stock shares 163,000,000

11. Indicate the item numbers reported herein:

Item No. 9 – Other Events

Seafront Resources Corporation (SPM) sold its entire 11.33% interest equivalent to 1,000,000 common shares in Hermosa Ecozone Development Corporation (HEDC) in favor of existing stockholders.

7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY

Approved by the Board on May 8, 2025, the sale will help SPM raise funds for future investments and growth. The proceeds will improve SPM’s cash position and may be used for potential new investments in the energy sector.

The agreed purchase price is PhP325 MM, with PhP300 MM to be paid upfront in cash and the remaining PhP25 MM to be paid through an earnout based on future dividends from the shares sold.

The divestment is not expected to have a material adverse effect on the overall business of SPM. SPM remains a holding company, and there will be no change in its business activities following the sale.

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer By: Atty. Louie Mark Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

SECURITIESAND EXCHANGE COMMISSION

SEC 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) Dec 16, 2025

2. SEC Identification Number 40979

3. BIRTax Identification No. 000-194-465

4. Exact name of issuer as specified in its charter SEAFRONTRESOURCES CORPORATION

5. Province, country or other jurisdiction of incorporation Philippines

6. Industry Classification Code(SEC Use Only)

7.Address of principal office 7F, JMTBUILDING,ADBAVE., ORTIGAS CENTER, PASIG CITY Postal Code 1605

8. Issuer's telephone number, including area code 0286372917

9. Former name or former address, if changed since last report --

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each

163,000,000

11. Indicate the item numbers reported herein ITEM 9 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.

Seafront Resources Corporation SPM

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Cancellation and Replacement of Old Stock Certificates

Background/Description of the Disclosure

Please see attached SEC Form 17C

Other Relevant Information

Filed on behalf by:

Name Louie Mark Limcolioc

Designation Asst. Corporate Secretary

SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

1. December 16, 2025

Date of Report (Date of earliest event reported) 2. SEC Identification Number: 40979

Exact name of issuer as specified in its charter 5. Metro Manila, Philippines 6. (SEC Use Only)

Province, country or other jurisdiction of incorporation Industry Classification Code:

Address of principal office Postal Code

8. (632) 86372917

Issuer's telephone number, including area code

9. N/A

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class

11. Indicate the item numbers reported herein: Item No. 9 –

Other Events

Number of Shares of Common Stock Outstanding and Amount of Debt

SEAFRONT RESOURCES CORPORATION (the “SPM”) hereby discloses that, in connection with:

(i) the reverse stock split implemented on August 14, 1997, which adjusted the par value of the SPM’s shares from ₱0.01 to ₱1.00 per share; and

(ii) the quasi-reorganization approved on October 5, 1998, which reduced the number of outstanding shares to 163,000,000,

certain stock certificates bearing the old par value of ₱0.01 were not surrendered to the Stock Transfer Agent and, as a result, were not updated to reflect the correct number of shares and par value.

The Company will proceed with the automatic cancellation and replacement of these outdated stock certificates. Shareholders may claim their updated certificates from the Stock Transfer Agent beginning December 29, 2025, at no cost. For full details, please refer to the attached Annex “A” – General Notice to Shareholders.

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.

SEAFRONT RESOURCES CORPORATION

Issuer By: Atty. Louie Mark R. Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer

NOTICE OF CANCELLATION AND REPLACEMENT OF OLD STOCK CERTIFICATES OF SEAFRONT RESOURCES CORPORATION

TO ALL SHAREHOLDERS OF SEAFRONT RESOURCES CORPORATION:

We refer to: (i) the reverse stock split on August 14, 1997, which adjusted the par value of the shares of Seafront Resources Corporation (“SPM”)from₱0.01 to ₱1.00 per share, and (ii) the quasi-reorganization on October 5, 1998, which eventually reducedSPM’s number of outstanding shares to 163,000,000 shares. In respect of the same, please be advised that some of the old stock certificates with the old par value ₱0.01 were not surrendered to the Stock Transfer Agent, and hence, were not updated with the correct number of shares and par value.

To regularize the documentation and ensure proper corporate housekeeping, all shareholders of SPM are hereby notified that stock certificates issued prior to October 1998 are deemed automatically cancelled and shall be replaced with new stock certificates containing correct and updated information at no cost to the shareholders It should be noted that this cancellation and replacement of the stock certificates of SPM will not affect shareholders owning shares in scripless form. Kindly disregard this notice if old certificates have been surrendered to broker for lodgment.

Starting on December 29, 2025, the new stock certificates may be claimed by the relevant shareholders from the office of the Stock Transfer Agent at their address provided below.

Detailed instructions and requirements to claim the new stock certificates will be provided in a separate letter to the shareholders and may also be accessed through SPM’s website (https://www.seafrontresources.com.ph/#!/Investor-Relations).

Please address all queries to the following:

RCBC Trust Corporation – Stock Transfer Agent

Name: Mr. Antonio B. Madrid Jr.

Contact No.: 028894-9000 local 3692 - 3694

Email address: rcbcstocktransfer@rcbc.com

Address: 221 West Wing, Ground Floor Grepalife Building, Sen. Gil Puyat Ave., Makati City

Yours truly,

SEAFRONT RESOURCES CORPORATION

Corporate Secretary

Seafront Resources Corporation – Investor Relations

Name: Ms. Maritess D. Reyes

Email address: corpaffairs@seafrontresources.com.ph

Address: 7th Floor, JMT Building, ADB Avenue Ortigas Center, Pasig City 1605