First Pacific (00142): Isla Lipana & Co./PwC Philippines Appointed as PLDT Auditor

Zhitong Finance APP news, First Pacific (00142) issued an announcement that PLDT has announced on the New York Stock Exchange and the Philippine Stock Exchange that SyCip Gorres Velayo & Co., a member firm of Ernst & Young Global Limited, notified PLDT on October 31, 2026 of its resignation as PLDT's independent registered public accounting firm. The reason was that it believed it had not maintained independence when issuing its opinion on PLDT's International Financial Reporting Standards financial statements and internal control over financial reporting for the year ended December 31, 2025 (contained in PLDT's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 27, 2026). On November 2, 2026, PLDT's Audit Committee accepted SGV's resignation and appointed Isla Lipana & Co./PwC Philippines, a member firm of PricewaterhouseCoopers International Limited, as PLDT's auditor for its financial statements prepared under Philippine Financial Reporting Standards, effective November 2, 2026.