SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

May 26, 2023

2. SEC Identification Number

A199701584

3. BIR Tax Identification No.

005469606

4. Exact name of issuer as specified in its charter

Philippine Business Bank, Inc.

5. Province, country or other jurisdiction of incorporation

Caloocan CIty

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

350 Rizal Avenue corner 8th Avenue, Gracepark, Caloocan City Postal Code 1400

8. Issuer's telephone number, including area code

(02) 8363-3333

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

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON	818,750,094

11. Indicate the item numbers reported herein

Item No. 4

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philippine Business BankPBB

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of Annual Stockholders Meeting of the Bank
Background/Description of the Disclosure
Results of the Bank's Annual Stockholders' Meeting held virtually on May 26, 2023 @ 2:00 p.m., with the following agenda: 1. Call to Order 2. Proof of Notice of Meeting 3. Certification of Quorum 4. Approval of the Minutes of the Annual Stockholders Meeting held on July 27, 2022 5. President & CEO’s report on management operations for 2022 6. Ratification of the Audited Financial Statements for the year ending 31st December 2022 7. Ratification of Past Actions of the Board and of Management 8. Ratification/Confirmation of the appointment of external auditor by the Board of Directors 9. Election of Directors for 2023-2024 10. Other Matters 11. Adjournment

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Shareholdings in the Listed Company		Nature of Indirect Ownership
	Direct	Indirect
JEFFREY S. YAO	5,408,036	0	0
ROLANDO R. AVANTE	2,555,522	0	0
HONORIO O. REYES-LAO	84,374	170,624	Shares are held by member of his immediate family.
ROBERTO A. ATENDIDO	108,750	0	0
LETICIA M. YAO	2,112,660	0	0
BENJAMIN R. STA. CATALINA, JR.	56,359	0	0
NARCISO DL. ERAÑA	100	0	0
ATTY. ROBERTO C. UYQUIENGCO	1,000	0	0
ASTERIO L. FAVIS, JR.	100	0	0
BENEL D. LAGUA	5,100	0	0
DIOSDADO M. PERALTA (Ret. Chief Justice)	121	0	0

External auditor	Punongbayan & Araullo (P&A)

List of other material resolutions, transactions and corporate actions approved by the stockholders
- Approval of the Minutes of the Annual Stockholders Meeting held on July 27, 2022 - President & CEO’s report on management operations for 2022 - Ratification of the Audited Financial Statements for the year ending 31st December 2022 - Ratification of Past Actions of the Board and of Management - Ratification/Confirmation of the appointment of external auditor by the Board of Directors
Other Relevant Information
Please refer to the attached SEC FORM 17-C.