PRESS RELEASE

Date: 29th day of March year 2023

TH Mall, Claro M. Recto Avenue, corner Corrales Ave, Cagayan de Oro, 9000 Misamis Oriental  
Alvamar Cipres Communication Manager
alvamarcipres@gmail.com
+63927 781 2963

TH MALL  EMPLOYEES RUMORED PROTEST

We would like to address the rumours among the employees who are planning to stage a protest.
We understand that there have been issues that have caused frustration and dissatisfaction
among our employees, and we are committed to addressing these concerns in an open and
transparent manner. First and foremost, we want to assure our employees and the public that we
take all feedback seriously and are committed to creating a positive work environment for
everyone. We have established channels for employees to voice their concerns, and we
encourage them to continue to do so.

In response to the issues about the salary, we ask for your understanding. The TH mall has also
received a massive loss due to the pandemic. Rest assured that we are taking immediate action
on solving it.We want to emphasize that we value our employees and recognize the important role
they play in the success of our company. For years, the TH mall has earned the respect of the
community for providing excellent customer service.We are committed to provide quality and
excellent service to everyone.

To the public, we want to express our commitment to providing high-quality products and
services. We understand that our employees are the backbone of our company and we will
continue to prioritize their well-being in all of our operations.

                                    
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                     .        ABOUT TH MALL

The mall is expected to have various stores, such as a grocery shop or supermarket, that increase
net operating income and sustain growth in sales promotion, with its goal being to increase
market share while managing greater competition in the market. The mall aims to increase the
frequency and length of customer trips, enhance the customer experience, and maximize the
average sales transaction.

For more details in this press release, please see the information below:

Alvamar Cipres 
Communication Manager
alvamarcipres@gmail.com
+63927 781 2963