San Miguel Food and Beverage, Inc. to conduct Annual Meeting of Stockholders virtually on June 3

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

June 3, 2026

The 2026 Annual Meeting of the Stockholders of San Miguel Food and Beverage, Inc. (“Company”) will be held on June 3, 2026, Wednesday, at 2:00 p.m. The meeting will be conducted virtually and streamed live through the Company’s website at https://www.smfb.com.ph/stockholdersmeeting_2026. Stockholders can attend and participate in the meeting by remote communication, by voting through the sending of ballots, or the appointment of a proxy.

The agenda of the meeting is as follows:

1. Call to Order
2. Certification of Notice and Quorum
3. Approval of the Minutes of the 2025 Annual Stockholders’ Meeting
4. Presentation of the Annual Report and Approval of the 2025 Audited Financial Statements
5. Ratification of Acts and Proceedings of the Board of Directors and Corporate Officers
6. Appointment of External Auditor and Ratification of External Auditor Fees
7. Election of the Board of Directors 
8. Other Matters
9. Adjournment

The Company’s Definitive Information Statement on SEC Form 20-IS with its annexes (“DIS”), including Management’s Discussion and Analysis of Financial Position and Financial Performance, 2025 Audited Consolidated Financial Statements, and interim unaudited financial statements for the first quarter of 2026, have been posted on the website and can be accessed via the QR code below. It may also be found at PSE Edge.

The rationale and explanation of each relevant Agenda item requiring shareholder approval may be found in Appendix 1 of the Notice attached to the DIS. The Company’s dividend policy, acts and resolutions of the Board of Directors from June 4, 2025, and draft of the minutes of the 2025 annual stockholders’ meeting for approval, may likewise be found in the DIS. The said draft of the minutes is also separately posted on the website at https://www.smfb.com.ph/disclosures. Questions and comments may be sent by email to [email protected].

Votes will be cast through ballots or proxies, the deadline for submission of which is May 20, 2026.  A sample of a ballot/proxy is attached to the DIS and available for download at the website. For an individual, your ballot/proxy must be accompanied by a valid government-issued ID with a photo. For a corporation, your proxy must be accompanied by a Corporate Secretary’s certification setting the representative’s authority to represent the corporation in the meeting. Ballots and proxies may be sent through email to [email protected] or by mail to the office of SMC Stock Transfer Service Corporation (“STSC”) at the 2nd Floor, SMC Head Office Complex, 40 San Miguel Avenue, Mandaluyong City 1550. Proxies need not be notarized. Validation of proxies will be on May 27, 2026, 10:00 a.m. at the office of STSC. Only stockholders attending through proxies or who have submitted ballots, all of whom have been validated to be stockholders of record of the Company as of May 4, 2026, will be considered in computing stockholder attendance at the meeting and in determining the quorum for the meeting.

The Company’s 2025 Annual Report on SEC Form 17-A is available for download at https://www.smfb.com.ph/disclosures, as well as at PSE Edge. Upon written request, the Company will provide the stockholder with a copy of the Annual Report, DIS, and/or 2026 first quarter report on SEC Form 17-Q, at no cost.

     (Sgd.)  

Alexandra Victoria B. Trillana 

Corporate Secretary

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