TO ALL STOCKHOLDERS:

Notice is hereby given that the Annual Stockholders' Meeting (the "Meeting") of Philcomsat Holdings Corporation (the "Company") will be held on January 24, 2022 (Monday) at 10:00 a.m. In the light of current conditions and in support of the measures to prevent the spread of Covid-19, the Meeting will be conducted virtually and attendance at the Meeting will be via remote communication only. The Agenda shall be as follows:

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