1Q2023 Operating Highlights

Financials Residences • SM Prime's residential business posted PHP8.52 billion revenue, 29% lower from last year's (In PHP Billion) 1Q23 1Q22 % Chg PHP12.02 billion. • SMDC's reservation sales reached PHP35.80 billion, 15% higher than PHP31.13 billion. Revenues EBITDA 8.52 12.02 -29% 3.35 5.16 -35% Operating Income 3.32 5.13 -35% SHI

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