Megawide Construction : Declaration of Cash Dividends

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) Apr 21, 20222. SEC Identification Number CS2004114613. BIR Tax Identification No. 232-715-069-0004. Exact name of issuer as specified in its charter Megawide Construction Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office No. 20 N. Domingo Street, Barangay Valencia, Quezon CityPostal Code11128. Issuer's telephone number, including area code [phone]9. Former name or former address, if changed since last report Not Applicable10. 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	2,013,409,717
Preferred	143,626,010

11. Indicate the item numbers reported herein Item 9

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.

Megawide Construction CorporationMWIDE PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Board Approval of Record Date / Declaration of Cash Dividends - Series 2B (MWP2B) Preferred Shares

Background/Description of the Disclosure

Pursuant to the Resolution of the Board of Directors of Megawide Construction Corporation ("Megawide") approving the terms of the offer of up to 50,000,000 Series 2 Preferred Shares, including the cash dividend payment of May 27 of each year, the Board of Directors sets May 9, 2022 as the record date. The cash dividend is equal to PhP 1.4375 per share or a total of PhP 25,020,953.00 out of the unrestricted retained earnings of Megawide as of December 31, 2021. This is also in connection with the disclosure that cash dividends will be payable on February 27, May 27, August 27, and November 27 of each year, as stated on page 23 of the Prospectus.

Type of Securities

• Common
• PreferredMWP2B
• Others-

Cash Dividend

Date of Approval by Board of Directors	Apr 21, 2022
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	PhP 1.4375
Record Date	May 9, 2022
Payment Date	May 27, 2022

Source of Dividend Payment

The cash dividends shall be paid out of the unrestricted retained earnings of Megawide, which are distributable as cash dividends as of December 31, 2021.

Other Relevant Information

The disclosure was amended to indicate the currency (PhP) in the amount of cash dividend per share.

Filed on behalf by:

Name	Charlotte King
Designation	Corporate Secretary