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The Philippine economy continued to expand in 2025. Inflation moderated during the year, helping restore purchasing power and support household spending. Remittance inflows remained stable, while the labor market stayed healthy.

In this environment, Robinsons Retail closed the year on solid footing. Total revenues surpassed Php200 billion for the first time in the Company’s history, reflecting the enduring relevance of our retail banners. Our portfolio of staple and discretionary retail formats enabled the Company to remain resilient and responsive to evolving consumer needs.

Throughout the year, we were focused on reinforcing Robinsons Retail’s long-term foundations. We expanded our presence in underserved communities, continued enhancing in-store experiences, and strengthened the capabilities of our organization to support future growth. Through these efforts, we continue to bring quality products closer to Filipino households, while making everyday shopping more memorable.

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We also reinforced our corporate governance practices in 2025. Effective January 1, 2025, Stanley C. Co assumed the role of President and CEO, as I transitioned to the role of Chairman. Stanley is the first non-family member to lead Robinsons Retail. He has been with the Company for 26 years, the last two years as COO, and succeeds me in this role following my 40 years of service, with the last six years as President and CEO. This leadership milestone reflects the Company’s commitment to professional management and institutional continuity. During the year, we also increased the number of Independent Directors on our Board from four to five with the addition of Mr. Lito Tayag. He joins Mr. Cirilo Noel, Mr. Rodolfo Ang, Mr. Eric Cruz, and Mr. Cesar Romero in our roster of Independent Directors. Mr. Tayag's addition further strengthens our Board independence and broadens the diversity of perspectives guiding the Company.
In recognition of our efforts to bolster governance standards, the Institute of Corporate Directors awarded Robinsons Retail two Golden Arrows in 2025. This recognition affirms our commitment to transparency, accountability, and responsible stewardship in creating long-term value for all stakeholders.
Sustainability is also an integral part of Robinsons Retail’s DNA. During the year, we advanced more initiatives that further entrenched responsible retailing, meaningful community partnerships, and environmental stewardship across our operations. As one of the country’s largest multi-format retailers, we recognize the role we play in embedding sustainability practices across the value chain.

While global uncertainties may continue to influence the operating environment in the months ahead, we remain confident in the long-term fundamentals of the Philippine retail sector. Robinsons Retail will remain true to its mission of serving Filipino families by providing trusted brands, affordable products, and enjoyable shopping experiences.

To our stakeholders – thank you for allowing Robinsons Retail to be part of your everyday lives and shopping stories. Your continued trust inspires us to keep building a stronger company for the years ahead.