Puregold Price Club, Inc.

PGOLD

Puregold Price Club, Inc. operates various retail formats throughout the Philippines. It started operating on September 8, 1998, in its first store in Mandaluyong City, Philippines. Currently, it has 637 retail stores under different brand names serving customers across the archipelago.

Puregold is one-stop shop supermarket for your right-on-the-budget grocery shopping, offering various promos, online shopping via mobile app and continuous innovation to serve customers better. The company operates multiple retail formats designed to meet diverse customer needs and shopping preferences throughout the country.

The retail industry in the Philippines is highly competitive, with the intensity of the race varying from region to region, and Metro Manila generally considered the most competitive market in the Philippines, which is the Company’s largest market in terms of revenue. The Company’s growth depends on its ability to attract and retain customers, predict consumer trends, and upgrade its facilities, competing with stores including the SM Group, Metro Gaisano, and Robinsons Supermarket based on product selection, product quality, customer service, price, store location, or a combination of these factors.

The Company intends to continue entering into strategic partnerships and other business relationships with suppliers, tenants, and other business partners to raise its brand awareness and support its growth objectives, developing these relationships to capitalize on further opportunities for synergy and consolidate critical relationships. The Company also intends to enhance its unique relationship with customers by further improving its TNAP program, sharing store management practices with resellers, and putting them in contact with key suppliers.

The Company has nine members on the Board of Directors: two females and seven males; six of them are regular directors, and three are independent directors. The principal office is located at No. 900 Romualdez St., Paco, Manila 1007. The Company and its subsidiaries have no branch or sale outside the Philippines.

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