Announcement • Aug 12
Asiabest Group International Inc. Announces Changes to Its Committee Asiabest Group International Inc. held its Organizational Meeting of the Board of Directors immediately after the Annual Stockholders' Meeting on August 11, 2026. The Board of Directors also approved the following committee appointments for a term of one year and until their successors are duly elected and qualified: Executive Committee Chairman: Francis Lloyd T. Chua; Members: Alfredo Comendador, Jr., Noel Jesus P. Santiago, Chi Ho Co. Audit and Risk Oversight Committee Chairman: Jose Nograles; Members: Ferdinand Inacay, Jan Michael Lim. Related Party Transaction Committee Chairman: Maria Rita S. Pueyo; Members: Jose Nograles, Alfredo Comendador, Jr. Nomination and Remuneration Committee Chairman: Francis Lloyd T. Chua; Members: Rus Kristoffer Parcia, Maria Rita S. Pueyo. Investment and Finance Committee Chairman: Jan Michael Lim; Members: Chi Ho Co, Ferdinand Inacay. Corporate Governance Committee Chairman: Ferdinand Inacay; Members: Jose Nograles, Noel Jesus P. Santiago. New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱3.7m free cash flow). Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • May 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱8.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱8.0m free cash flow). Revenue is less than US$1m. 
