CONFIDENTIAL - PROPRIETARY Unauthorized disclosure internally or externally is prohibited

G L O B E T E L E C O M , I N C .

1 2 3 1 1 7 C 0 4 2 1

Dept. Requiring this Doc.

Total No. Of Stockholders

Remarks = pls. Use black ink for scanning purposes

Document I.D. Cashier

S T A M P S

MARISALVE CIOCSON-CO

7797-4269

To be accomplished by SEC Personnel concerned

LCU File Number

Amended Articles Number/Section

Total Amount of Borrowings

Domestic Foreign

Fiscal Year Annual Meeting

Secondary License Type, if Applicable

Month Day DayMonth FORM TYPE

(Business Address: No. Street City / Town / Province)

Contact Person Company Telephone Number

COVER SHEET

(Company's Full Name)

P W 0 0 0 0 1 1 7 7

2 7 / F T H E G L O B E T O W E R

3 2 N D S T R E E T C O R N E R 7 T H A V E N U E

B O N I F A C I O G L O B A L C I T Y T A G U I G

CONFIDENTIAL - PROPRIETARY Unauthorized disclosure internally or externally is prohibited

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC)

AND SRC RULE 17(a)-1(b)(3) THEREUNDER 1. 16 March 2020 Date of Report (Date of earliest event reported)

2. 1177 3. 000-768-480-000 SEC Identification Number BIR Tax Identification Number

4. GLOBE TELECOM, INC. Exact Name of registrant as specified in its charter

5. PHILIPPINES 6. (SEC Use Only) Province, country or other jurisdiction of

incorporation Industry Classification Code

7. The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio

Global City, Taguig 1634

Address of principal office Postal code 8. (02) 7797-2000 Registrant’s telephone number, including area code

9. Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 4 and 8 of the SRC

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding (as of December 31, 2019)

COMMON SHARES 133,208,407 TOTAL DEBT (In Millions of Pesos) 136,274

Indicate the item numbers reported herein : Please refer to attached

Re: Corporate Disclosure

Pursuant to the requirements of the Securities Regulations Code, the registrant has duly

caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GLOBE TELECOM, INC. Registrant

Date :

16 March 2020

JOSE MARI S. FAJARDO Director, Investor Relations

spGIoben

@

Globe Tetecom, lnc.The GLobe Tower32nd Street corner 7th Avenue,Bonifacio GLobaL City,Taguig, Phil.ippines'1 634

www.gtobe.com.ph

16 March 2020

SECURITIES AND EXCHANGE COMMISSIONG/F Secretariat Building, PICC Complex,Pasay City

Attention: Mr. Vicente Graciano Felizmenio, Jr.Director, Markets and Securities Regulation Department

Atty. Rachel Esther J. Gumtang-RemalanteDirector, Corporate Governance and Finance Department

THE PHILIPPINE STOCK EXCHANGE, INC.9/F PSE Tower, Bonifacio Global City,Taguig City

Attention: Ms. Janet A. EncarnacionHead, Disclosure Department

Gentlemen:

Pursuant to the Commission's Notice issued on 12 March 2020 on the filing of current report under Section17 of the Securities Regulation Code (SRC) amid COVID-19 pandemic, we respectfully submitto yourgoodoffice the attached response stating the impact and risks of the COVID-19 on our business operation andmeasures to mitigate these.

We submit this information to inform the investing public of the same. We trust you will find everything inorder. Should have further queries on the matter, please feel free to contact our office.

Thank you very much

Very truly yours, 'kA vE crocsoN-co

Vice President - Law and Compliance,Compliance Officer, and Assistant Corporate Secretary

PHILIPPINE DEALING AND EXCHANGE CORPORATION29/F BDO Equitable Tower8751 Paseo de Roxas, Makati City

Attention: Atty. Marie Rose B. Xlagallen-LlrioHead, lssuer Compliance and Disclosure Department (ICDD)

CC:

CONFIDENTIAL - PROPRIETARY Unauthorized disclosure internally or externally is prohibited

Referring to the SEC Notice of 12 March 2020, which mandates all publicly listed companies to: (1) apprise the investing public of the risks and impact of COVID-19 on their business operations; and, (2) indicate all measures to mitigate the risks of COVID-19 that it will undertake or has undertaken, we wish to inform the investing public of the following: Risks and Impact of COVID-19 on Globe’s Business Operations Globe has focused most of its efforts in addressing critical risks of workforce health and safety, and supply chain disruption by protecting the safety and health of our employees and partners, while ensuring minimal disruption to our operations given that, now more than ever, connectivity is vital to the country. With the community quarantine over Metro Manila (and subsequently over several cities and provinces outside Metro Manila) only announced on 12 March 2020 and taking effect only on 15 March 2020, impact to Globe’s overall business and network rollout will have to be assessed further. Magnitude of the impact will be highly dependent on the duration of the community quarantine as well as the respective implementing guidelines of the different LGUs, which are still currently being drafted. Measures Undertaken/to be Undertaken to Mitigate the Risks of COVID-19 Precautionary measures were taken beginning 24 January 2020 to ensure a COVID-19-free workplace for all Globe offices nationwide through the following initiatives:

Thermal scanning at all entry points in various Globe Offices, nationwide; Deployment of hand sanitizers throughout common areas, in Globe premises; Adjusted our policies to restrict travel to high risk countries; Mandatory visitor disclosure and screening and; Continuing awareness drives to keep all Globe employees well informed.

Immediately after the Department of Health’s (DOH) announcement of Alert Level Code Red Sublevel 1 on 07 March 2020, tighter policies and plans were implemented to further protect our people and our business:

Conducted sanitation of all floors in our corporate offices; Discontinued acceptance of guests in offices and technical sites, nationwide; Shifted to virtual and online meetings; and, Partnered with major health providers to screen, admit and provide care for Globe employees who

are to exhibit flu-like symptoms while inside office premises. With regards to our supply chain, we are in constant conversations with our vendors and suppliers to ensure necessary options are available to the company to address any potential supply gaps. For our Home Broadband service, the company ensures the overall safety and well-being of its customers through the implementation of stringent health check protocols for installers and repairmen. This is also to safeguard customers who need quality connectivity at home amidst government and private sector policies that enforce work from home and class suspensions to prevent the further spread of the disease. Health and safety measures undertaken by all Globe at Home installers and repairmen begin before deployment, consisting of the following:

They must pass a series of health checks such as a body temperature of less than 37.8°C, no signs of cough or cold, and no difficulty in breathing or pain in the throat and chest area.

Installers must also disclose if they have gotten in touch with anyone who has displayed any of the aforementioned symptoms, or has come from a country affected with COVID-19.

Before leaving for deployment, installers must also pass hand wash, alcohol and water stations to stay clean and hydrated.

On 08 March 2020, with customers and the nation foremost in mind, Globe gave free access to the official websites of DOH and the National Disaster Risk Reduction and Management Council (NDRRMC) to keep

CONFIDENTIAL - PROPRIETARY Unauthorized disclosure internally or externally is prohibited

the public abreast of the latest COVID-19 advisories. This was expanded by 13 March 2020, as Globe offered free and unlimited Internet connection via its GoWiFi services at select hospitals in Metro Manila until 15 April 2020. This is to help healthcare frontliners--doctors, nurses, medical personnel -- and patients and their loved ones to remain connected and be informed in the fight against the COVID-19 pandemic. This consisted of 17 hospitals located in Manila, Makati, Taguig, Pasig, San Juan and Quezon City. Credit actions were likewise suspended on 15 March 2020 for all postpaid customers, including enterprise customers nationwide, for a period of 30 days from due date. Furthermore, Globe will be implementing a full work from home operations with critical skeletal force in place beginning 16 March 2020. Globe stores operations will be suspended for seven days as well. Rest assured that Globe is doing its best in stopping the spread of the virus in our workplaces and communities. As we help build a nation that is admired all over the world, it is also our purpose to protect our fellow Filipinos and the nation.

List of Select Hospitals in Metro Manila with free and unlimited internet connection via GoWiFi Services: Manila Chinese General Hospital Metropolitan Medical Center Philippine General Hospital Manila Doctors Hospital Qualimed Manila (PGH Area) Makati Ospital ng Makati Taguig Manila Naval Hospital St. Luke’s Medical Center, Global City Pasig City The Medical City Pasig City General Hospital San Juan Cardinal Santos Hospital San Juan Medical Center Quezon City Philippine Heart Center Lung Center of the Philippines St. Luke’s Medical Center National Kidney and Transplant Institute Capitol Medical Center

CONFIDENTIAL - PROPRIETARY Unauthorized disclosure internally or externally is prohibited

For questions, please contact:

Juan Carlo C. Puno Jose Mari S. Fajardo Financial Planning and Analysis Investor Relations Email: jcpuno@globe.com.ph Email: ir@globe.com.ph (632) 7797-4307 About Globe

Globe is a leading full-service telecommunications company in the Philippines and publicly listed in the PSE

with the stock symbol GLO. The company serves the telecommunications and technology needs of

consumers and businesses across an entire suite of products and services including mobile, fixed,

broadband, data connectivity, internet and managed services. It has major interests in financial technology,

digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare. Its

principals are Ayala Corporation and Singtel, acknowledged industry leaders in the country and in the

region.

It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization

of US$5.3 billion as of the end of December 2019.

For more information, visit www.globe.com.ph. Follow @enjoyglobe on Facebook, Twitter, Instagram and

YouTube.