1Q2023 Operating Highlights

Consolidated Balance Sheet (In PHP Million (except % data) Assets Cash and cash equivalents 1Q2023 % to Assets 2022 % to Assets 24,640 3% 42,060 5% Equity instruments at fair value through other comprehensive income 19,729 2% 17,612 2% Receivables & Contract Assets 81,370 9% 82,560 9% Investment Properties 504,114 57% 489,266 56% Real Estate Inventories 71,203 8% 70,500 8% Other Assets Total Assets 177,851 20% 172,216 20% 878,907 100% 874,215 100% Liabilities and Stockholders' Equity Long-term debt and Loans Payable Accounts payable and others Total Liabilities 343,921 39% 352,397 40% 159,223 18% 156,666 18% 503,144 57% 509,063 58% Total Equity attributable to equity holders of the parent 373,601 43% 363,201 42% We continue to maintain a very conservative balance sheet • More than half of our assets are in the investment properties while our net gearing level is at 85%. SHI

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