Chelsea Logistics and Infrastructure : Clarification of News Reports

SECURITIES AND EXCHANGE COMMISSIONSEC 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) Mar 16, 20222. SEC Identification Number CS2016197343. BIR Tax Identification No. 009-393-1674. Exact name of issuer as specified in its charter Chelsea Logistics and Infrastructure Holdings Corp.5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Stella Hizon Reyes Road, Bo. Pampanga, Davao CityPostal Code80008. Issuer's telephone number, including area code 091753320109. Former name or former address, if changed since last report n/a10. 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	1,821,977,615

11. Indicate the item numbers reported herein -

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.

Chelsea Logistics and Infrastructure Holdings Corp.C PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

News Article "Government grants tax perks to Uy's shipping firm'

Source	Business Mirror (Online Edition)
Subject of News Report	"Government grants tax perks to Uy's shipping firm"
Date of Publication	Mar 15, 2022

Clarification of News Report

On the news article which appeared in Business Mirror Online Edition on March 15, 2022 which reads: "Government grants tax perks to Uy's shipping firm" posted in Business Mirror (Online Edition) on March 15, 2022, which reported in part that: "THE Cabinet-level Fiscal Incentives Review Board (FIRB) approved tax incentives for Trans-Asia Shipping Lines Inc. (Tasli), a company owned by Dennis Uy's Chelsea Logistics Corp. In a statement last Tuesday, the Department of Finance (DOF) reported that the tax incentives approved by the FIRB chaired by Finance Secretary Carlos G. Dominguez III were for Tasli's proposed P1.5-billion Cebu-based shipping vessel, specializing in roll-on roll-off (RoRo) passenger and cargo operations. The DOF said the incentives include four years of income tax holiday, five years of enhanced deductions and 11 years of duty exemption on importations. . . . . " Chelsea Logistics and Infrastructure Holdings Corp. states that it has not yet received the formal communication or correspondence from the Board of Investments regarding the approval of its application for incentives for the vessel Trans-Asia 21.

Other Relevant Information

Trans-Asia 21 is a newly-built steel hulled Roll-on / Roll-Off (RoRo) vessel, the acquisition of which is aligned with the domestic shipping industry modernization program of the Maritime Industry Authority.

Filed on behalf by:

Name	Ma. Henedina San Juan
Designation	Corporate Secretary