The SPAC listing will enable DoubleDragon’s hotel subsidiary to not only increase its Equity capital base but will also make Hotel101 become more relevant overseas and the step would at the same time further strengthen DoubleDragon’s consolidated balance sheet. Hotel101 is poised to become the most tech-advanced hotel company given its mid-end market typical rooms

1H 2022 FINANCIAL HIGHLIGHTS Consolidated Revenues +26.8% to ₱3.41 Billion Consolidated EBITDA +32.0% to ₱2.07 Billion Consolidated Core Net Income +29.0% to ₱1.20 Billion Total Equity +3.1% to ₱71.44 Billion Total Assets +3.6% to ₱146.70 Billion Expects to reach over 95% pre-pandemic lease occupancy in all its CityMalls in Luzon, Visayas and Mindanao by Q4