Date Posted: 12/10/2021

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PSE / MEDIA RELEASE : SBS Gears up Towards Renewable Energy

SBS Philippines Corporation Goes Green

SBS Philippines Corporation (SBS), one of the leading chemical distribution companies in the
Philippines, shifts to renewable energy technology as part of its warehousing expansion in its
current complex located in Quezon City.

On December 10, 2021, SBS held its formal acceptance of the first phase of solar panel
installation totaling 120.96kWp system using 288 Sunpower SPR-P3-420-COM Panels with Solar
Edge Optimizers, and 2 Solar Edge 82.8K Three Phase Inverters. The installation is projected to
decrease SBS’s electricity consumption source from the grid by up to 121,000 kwh annually,
which is equivalent to 47.2 mt reduction of CO2 emission per year or equivalent to planting
1,400 trees annually.

The project is aligned with SBS’ commitment to a 75% reduction of greenhouse gas emission
from its direct distribution operation by 2030 in line with its sustainability program. This will
entail a series of investments by the Company in the coming years as part of its business growth
strategy.

According to Mr. Necisto Sytengco II, SVP for Sales and Marketing, “Moving to renewable
energy technology is not only be good for the environment but will definitely provide a cost
efficient operation for the company in the long term that will benefit all of our stakeholders. Our
customers are confident to work with us with the same shared value on the importance of
sustainability.”

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Disclaimer. This Announcement may contain forward-looking statements relating to the future performance of
SBS that are based on the Company’s current expectations, forecasts and assumptions and involve risks and
uncertainties. Actual results may differ materially from those expressed in forward-looking statements and
reportedmi results should not be considered as an indication of future performance. Factors that can cause or
contribute to such differences include, but are not limited to, changes in political, business and economic
conditions, general economic downturn or crisis, major fluctuations in exchange rates, effect of business initiatives
and management changes, changes in business strategy, shifts in customer demands and preferences, industry
trends, changes in government regulations, and the Company’s ability to deal with the increasingly competitive
commercial environment. You are cautioned not to place undue reliance on these forward looking-statements
which are based on the current view of management. The Company assumes no obligation to update such
statements, except as required by law.
About SBS Philippines Corporation (www.sbsph.com)
SBS Philippines Corporation (the “Company”) is one of the major chemical trader-distributor in the Philippines
supplying a diverse customer base of more than 1,800 customers with over 3,000 chemical products sourced from
more than 500 suppliers.
The Company offers a comprehensive selection of chemical products to service its wide set of clientele in the
following industries: (i) food ingredients, (ii) industrial, (iii) feeds and veterinary care, (iv) pharmaceutical, (v)
personal care and cosmetics.
The Company’s logistics infrastructure includes a network of 15 warehouse facilities located at 5 different sites in
the greater manila area and the province of Bulacan, providing for a combined floor space of about 46,000 square
meters and a storage capacity exceeding 18,000 MT. Its warehousing and distribution infrastructure provides for
enormous flexibility to distribute a variety of products to a diverse set of customers and markets.
The Company’s scale and distribution reach, combined with its diversified product offering, deep industry
knowledge, and value-added services on logistics management provide the Company with a distinct competitive
advantage as the “one-stop shop” resource for chemical requirements.
More information on SBS is available at the SBS website at www.sbsph.com.