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 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of Organizational Meeting of Board of Directors
Background/Description of the Disclosure
During the Organizational Meeting of the Board of Directors that was held immediately after the Annual Stockholders’ Meeting, the Bank Executive Officers were appointed and Board Committees were also constituted.

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

Name of Person	Position/Designation	Shareholdings in the Listed Company		Nature of Indirect Ownership
		Direct	Indirect
Jeffrey S. Yao	Chairman	5,408,036	0	-
Rolando R. Avante	Vice-Chairman & President/C.E.O.	2,555,522	0	-
Joseph Edwin S. Cabalde	EVP, Head- Treasury Services Group	14	0	-
Arlon B. Reyes	EVP, Head- Commercial Banking Group	0	0	-
Reynaldo T. Boringot	SVP, Head- Retail Sales Group (Luzon)	0	0	-
Rosendo G. SIa	SVP, Head- Retail Sales Group (Vismin)	0	0	-
Maria Lourdes G. Trinidad	SVP, Chief Risk Officer/Head- Enterprise Risk Management Group	0	0	-
Liza Jane T. Yao	SVP, Head- General Services, Security & Liquidity Management - Treasury Services	0	0	-
Cynthia A. Almirez	SVP/COO, Head - Operations and Control Group	622,176	0	-
Angelo Miguel M. Calabio	FVP, Trust Officer & Head- Trust & Investment Center	0	0	-
Atty. Sergio M. Ceniza	FVP, Chief Compliance Officer /Data Protection Officer	0	0	-
Felipe V. Friginal	FVP, Head- Retail Banking Segment	5,626	0	-
Eduardo R. Que	FVP, Head - Corporate Banking Group	0	0	-
Jose Maria P. Valdes	FVP, Head- Information Technology Group	0	0	-
Rodel P. Geneblazo	FVP, Head- Consumer Banking Group	0	0	-
MIami V. Torres	FVP, Head, Credit Management Group	7,500	0	-
Rolando G. Alvendia	VP, Head - General Accounting Center	318,200	0	-
Enrico T. Teodoro	Vp, Head - System Support & Application Development Center	2,277	0	-
Atty. Roberto S. Santos	VP, Corporate Secretary/Head- Legal Services Group	15,000	0	-
Marily M. Cabuco	VP, Head- Internal Audit Center	0	0	-
Ma. Joyce G. Zarate	VP, Head PDMG	0	0	-
Atty. Leonardo C. Bool	SAVP, Assistant Corporate Secretary	0	0	-
Laurence R. Rapanut	SAVP, Head- Branch Operations & Control Group	24,374	0	-
Emma K. Lee	AVP, Head- Systems & Methods Center	0	0	-
Judith C. Songlingco	AVP, Head- Corporate Affairs Unit	2,000	0	-
Manuel T. Reburiano	AVP, Head- Product Management Group	0	0	-

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
Executive Committee	Jeffrey S. Yao	Chairman
Executive Committee	Rolando R. Avante	Vice-Chairman & President/CEO/Director
Executive Committee	Honorio O. Reyes-Lao	Director
Audit Committee	Benel D. Lagua	Independent Director
Audit Committee	Roberto C. Uyquiengco	Independent Director
Audit Committee	Asterio L. Favis, Jr.	Independent Director
Audit Committee	Benjamin R. Sta. Catalina, Jr.	Director
Audit Committee	Honorio O. Reyes-Lao	Director
Risk Oversight Committee	Narciso DL. Eraña	Independent Director
Risk Oversight Committee	Asterio L. Favis, Jr.	Independent Director
Risk Oversight Committee	Benel D. Lagua	Independent Director
Risk Oversight Committee	Roberto C. Uyquiengco	Independent Director
Risk Oversight Committee	Roberto A. Atendido	Director
Risk Oversight Committee	Benjamin R. Sta. Catalina, Jr.	Director
Risk Oversight Committee	Honorio O. Reyes-Lao	Director
Corporate Governance/Nomination Committee	Roberto C. Uyquiengco	Independent Director
Corporate Governance/Nomination Committee	Benel D. Lagua	Independent Director
Corporate Governance/Nomination Committee	Narciso DL. Eraña	Independent Director
Corporate Governance/Nomination Committee	Diosdado M. Peralta	Independent Director
Corporate Governance/Nomination Committee	Roberto A. Atendido	Director
Related Party Transactions Committee	Asterio L. Favis, Jr.	Independent Director
Related Party Transactions Committee	Narciso DL. Eraña	Independent Director
Related Party Transactions Committee	Diosdado M. Peralta	Independent Director
Related Party Transactions Committee	Benjamin R. Sta. Catalina, Jr.	Director
Trust Committee	Roberto A. Atendido	Director
Trust Committee	Rolando R. Avante	Vice-Chairman & President/CEO/Director
Trust Committee	Narciso DL. Eraña	Independent Director
Trust Committee	Dra. Leticia M. Yao	Director
Trust Committee	Angelo Miguel M. Calabio	Trust Officer

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
-
Other Relevant Information
Please refer to SEC FORM 17-C.