PLDT (PHI) 6-K Current report (foreign)

Exhibit 99.1

Exhibit No.	Exhibit
99.1		Copies of the disclosure letters that were filed today, March 3, 2023, by PLDT Inc. with the Philippine Securities and Exchange Commission, the Philippine Stock Exchange, Inc., and the Philippine Dealing and Exchange Corporation regarding the press release entitled “Makati LGU lifts Closure Order against Smart Communications, Inc. as parties sign Compromise Agreement.”

March 3, 2023

The Philippine Stock Exchange, Inc.

6/F Philippine Stock Exchange Tower

28th Street corner 5th Avenue

Bonifacio Global City, Taguig City

Attention: Ms. Alexandra D. Tom Wong

OIC-Disclosure Department

Securities & Exchange Commission

Secretariat Building, PICC Complex

Roxas Boulevard, Pasay City

Attention: Mr. Vicente Graciano P. Felizmenio, Jr.

Director – Markets and Securities Regulation Dept

Philippine Dealing & Exchange Corporation

29th Floor, BDO Equitable Tower

8751 Paseo de Roxas, Makati City 1226

Attention: Atty. Marie Rose M. Magallen-Lirio

Head - Issuer Compliance and Disclosure Department

Gentlemen:

In compliance with the PSE’s Revised Disclosure Rules, we submit herewith PSE Disclosure Forms 4-30 and 4-31 in relation to the press release entitled “Makati LGU lifts Closure Order against Smart Communications, Inc. as parties sign Compromise Agreement.”

This submission shall also serve as our compliance with Section 17.1 of theSecurities Regulation Code regarding the filing of reports on significant developments.

Very truly yours,

/s/Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

PLDT Inc.

COVER SHEET

SEC Registration Number
P	W	-	5	5

Company Name

P L D T I N C.

Principal Office (No./Street/Barangay/City/Town/Province)

R

A

M

O

N

C

O

J

U

A

N

G

C

O

B

U

I

L

D

I

N

G

M

A

K

A

T

I

A

V

E

N

U

E

M

A

K

A

T

I

C

I

T

Y

Form Type				Department requiring the report					Secondary License Type, If Applicable
	17	-	C		M	S	R	D

COMPANY INFORMATION

Company’s Email Address	Company’s Telephone Number/s	Mobile Number
No. of Stockholders	Annual Meeting Month/Day	Fiscal Year Month/Day
11,426 As of January 31, 2023	Every 2nd Tuesday of June	December 31

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Name of Contact Person	Email Address	Telephone Number/s	Mobile Number
Marilyn A. Victorio-Aquino	mvaquino@pldt.com.ph	82500254
Contact Person’s Address
MGO Building, Legaspi St. corner Dela Rosa St., Makati City

Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

1.

March 3, 2023

Date of Report (Date of earliest event reported)

2.

SEC Identification Number PW-55

3.

BIR Tax Identification No. 000-488-793

4.

PLDT Inc.

Exact name of issuer as specified in its charter

5. PHILIPPINES 6.____________ (SEC Use Only)

Province, country or other jurisdiction Industry Classification Code

of Incorporation

7. Ramon Cojuangco Building, Makati Avenue, Makati City 1200

Address of principal office Postal Code

8. (632) 82500254

Issuer's telephone number, including area code

9. Not Applicable

Former name or former address, if changed since last report

10.

Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding

________________________________________________________________

________________________________________________________________

________________________________________________________________

PLDT Inc.

TEL

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Makati LGU lifts Closure Order against Smart Communications, Inc. as parties sign Compromise Agreement.

Background/Description of the Disclosure

MANILA, Philippines, March 3, 2023 – In an Order dated March 2, 2023, the Makati City Local Government Unit (LGU) has lifted the Closure Order dated February 27, 2023 it issued against Smart Communications, Inc. (Smart), headquartered in Makati City and a wholly-owned subsidiary of PLDT Inc.

This development follows the parties’ execution of a compromise agreement on March 2, 2023 stating the terms of settlement of their pending local taxation issues.

The settlement was reached after Smart submitted to the Makati LGU its accounting records corresponding to revenues generated within the territorial jurisdiction of Makati for the relevant periods.

Smart remains committed to complying with Makati City’s local tax ordinances, and with relevant national laws, applicable in respect of local taxation, and thanks the Makati LGU for its prompt action to resolve the matter.

Smart assures the public and its customers that services remain available and accessible to all.

Other Relevant Information

None.

PLDT Inc.

TEL

PSE Disclosure Form 4-31 – Press Release References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Makati LGU lifts Closure Order against Smart Communications, Inc. as parties sign Compromise Agreement.

Background/Description of the Disclosure

MANILA, Philippines, March 3, 2023 – In an Order dated March 2, 2023, the Makati City Local Government Unit (LGU) has lifted the Closure Order dated February 27, 2023 it issued against Smart Communications, Inc. (Smart), headquartered in Makati City and a wholly-owned subsidiary of PLDT Inc.

This development follows the parties’ execution of a compromise agreement on March 2, 2023 stating the terms of settlement of their pending local taxation issues.

The settlement was reached after Smart submitted to the Makati LGU its accounting records corresponding to revenues generated within the territorial jurisdiction of Makati for the relevant periods.

Smart remains committed to complying with Makati City’s local tax ordinances, and with relevant national laws, applicable in respect of local taxation, and thanks the Makati LGU for its prompt action to resolve the matter.

Smart assures the public and its customers that services remain available and accessible to all.

Other Relevant Information

None.

.

11. Item 9 (Other events)

Attached herewith is the press release entitled “Makati LGU lifts Closure Order against Smart Communications, Inc. as parties sign Compromise Agreement.”

Pursuant to the requirements of the Securities Regulation Code, the Company has duly authorized and caused this Report to be signed on its behalf by the undersigned.

PLDT INC.

By:

/s/Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

March 3, 2023

PLDT pressrelease

MAKATI LGU LIFTS CLOSURE ORDER

AGAINST SMART COMMUNICATIONS, INC.

AS PARTIES SIGN COMPROMISE AGREEMENT

MANILA, Philippines, March 3, 2023 – In an Order dated March 2, 2023, the Makati City Local Government Unit (LGU) has lifted the Closure Order dated February 27, 2023 it issued against Smart Communications, Inc. (Smart), headquartered in Makati City and a wholly-owned subsidiary of PLDT Inc.

This development follows the parties’ execution of a compromise agreement on March 2, 2023 stating the terms of settlement of their pending local taxation issues.

The settlement was reached after Smart submitted to the Makati LGU its accounting records corresponding to revenues generated within the territorial jurisdiction of Makati for the relevant periods.

Smart remains committed to complying with Makati City’s local tax ordinances, and with relevant national laws, applicable in respect of local taxation, and thanks the Makati LGU for its prompt action to resolve the matter.

Smart assures the public and its customers that services remain available and accessible to all.

[END]

This press release may contain some statements which constitute “forward-looking statements” that are subject to a number of risks and opportunities that could affect PLDT’s business and results of operations. Although PLDT believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action or events.

For further information, please contact:

Melissa V. Vergel de Dios	Cathy Y. Yang
pldt_ir_center@pldt.com.ph	cyyang@pldt.com.ph

About PLDT

PLDT is the Philippines' largest fully integrated telco company. Through its principal business groups — from fixed line to wireless — PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.

PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine — listed companies.

Further information can be obtained by visiting www.pldt.com.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.

		PLDT Inc.
By	:	/s/ Marilyn A. Victorio-Aquino
Name	:	Marilyn A. Victorio-Aquino
Title	:	Corporate Secretary

Date: March 3, 2023