Marcventures : Update on Corporate Actions/Material Transactions/Agreements

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) May 24, 20222. SEC Identification Number 129423. BIR Tax Identification No. 000-104-320-0004. Exact name of issuer as specified in its charter Marcventures Holdings, Inc.5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 4th Floor BDO Towers Paseo (formerly Citibank Center), 8741 Paseo de Roxas, Makati CityPostal Code12278. Issuer's telephone number, including area code [phone]. 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	3,014,820,305

11. Indicate the item numbers reported herein Item 9 Other Events

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.

Marcventures Holdings, Inc.MARC PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Update on Material Transaction Disclosure: Acquisition of a pre-owned Aircraft

Background/Description of the Disclosure

On May 24, 2022, during the Special Meeting of the Board of Directors of MMDC, the Board amended its previous resolution (dated April 7, 2022) on the proposed acquisition of a pre-owned aircraft, and authorized MMDC to, instead, enter into a leasing agreement with due regard to MMDC's operational and financial strategies. The corresponding Aircraft Leasing Agreement was executed today, May 24, 2022, after the terms and conditions were finalized and agreed upon by the parties. Said agreement will retroactively commence on May 5, 2022. The Agreement provides that unless terminated earlier in accordance with the terms of the contract, the lease agreement will expire on the third (3rd) anniversary of the delivery date or 17th April 2025 (whichever is earlier) at a rental of USD180,000.00 (inclusive of taxes) per twelve (12) months.

Other Relevant Information

This disclosure is related to disclosure report dated April 7, 2022 which reported the following: On April 7, 2022, the Board of Directors of Marcventures Mining and Development Corporation (MMDC), the operating subsidiary of Marcventures Holdings, Inc. approved the proposed acquisition by MMDC of a pre-owned aircraft with installed equipment and other accessories at a purchase price of US$5,500,000.00 or Php286,000,000.00 exclusive of VAT (based on an assumed conversion rate of US$1 =Php52.00) to be used for MMDC's operations. Please see attached SEC Form 17C.

Filed on behalf by:

Name	Maila Lourdes De Castro
Designation	Co-Assistant Corporate Secretary/Co-Compliance Officer/Corporate Information Officer/Data Privacy Officer/Vice-President and Head of Legal