菲律宾长途电话 2026年年度报告和过渡报告

FORM 20-F ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934OR☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 – For the fiscal year endedDecember 31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 – For the transition periodfrom _________ to _________OR☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 — Date of eventrequiring this shell company report __________Commission file number 1-03006 PLDT Inc. (Exact name of Registrant as specified in its charter) Republic of the Philippines(Jurisdiction of incorporation or organization) Ramon Cojuangco BuildingMakati AvenueMakati City, Philippines(Address of principal executive offices) Atty. Marilyn A. Victorio-Aquino, telephone: +(632) 82500254; mvaquino@pldt.com.ph;Ramon Cojuangco Bldg., Makati Avenue, Makati City, Philippines 1200(Name, telephone, e-mail and/or facsimile number and address of Company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act. As at December 31, 2025: 216,055,775shares of Common Capital Stock, Par Value Five Philippine Pesos Per Share300,000,000 shares of Non-voting Preferred Stock, Par Value Ten Philippine Pesos Per Share Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act: Yes☒No☐ If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934:Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of thischapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of anerror to previously issued financial statements.☒Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP☐International Financial Reporting Standards as issued by the International Accounting Standards Board☒Other☐ If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17☐Item 18☐If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ TABLE OF CONTENTS CERTAIN CONVENTIONS AND TERMS USED IN THIS REPORTFORWARD-LOOKING STATEMENTSPRESENTATION OF FINANCIAL INFORMATION iPART IItem 1.Identity of Directors, Senior Management and AdvisorsItem 2.Offer Statistics and Expected TimetableItem 3.Key Information[Reserved]Capitalization and IndebtednessReasons for the Offer and Use of ProceedsRisk FactorsItem 4.Information on the CompanyHistorical Background and DevelopmentBusiness OverviewOrganizational StructureProperties and EquipmentItem 4A.Unresolved Staff CommentsItem 5.Operating and Financial Review and ProspectsOperating ResultsLiquidity and Capital ResourcesResearch and development, patents and licenses, etcTrend InformationCritical Accounting EstimatesItem 6.Directors, Senior Management and EmployeesDirectors and Senior ManagementCompensationEmployeesShare OwnershipDisclosure of a Registrant’s Action to Recover E