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)

Oct 18, 2023

2. SEC Identification Number

A-1997-18963

3. BIR Tax Identification No.

005-011-651-000

4. Exact name of issuer as specified in its charter

ASIA UNITED BANK CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig City Postal Code 1600

8. Issuer's telephone number, including area code

(632) 8633-6888; (632) 8631-3333

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

n/a

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	485,310,538

11. Indicate the item numbers reported herein

item 9

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.

Asia United Bank CorporationAUB

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of Articles of Incorporation to increase authorized capital stock
Background/Description of the Disclosure
1. Please be advised that in a meeting held last May 26, 2023 the Bank's Board of Directors, upon recommendation of Management, approved the declaration of a 50% stock dividend and the amendment of the Bank’s Articles of Incorporation to increase authorized capital stock. This shall also be subject to the approval by the Securities and Exchange Commission of the related application to increase the Bank’s authorized capital stock. 2. During the annual stockholder’s meeting of AUB held on June 23, 2023, the shareholders representing at least three-fourths (3/4) of the capital stock of the corporation, as currently required by the corporation’s By-laws, approved the proposed amendments to corporation’s Articles of Incorporation and By-laws as described in detail in the corporation’s Information Statement for 2023.

Date of Approval by Board of Directors	May 26, 2023
Date of Approval by Stockholders	Jun 23, 2023
Other Relevant Regulatory Agency, if applicable	Bangko Sentral ng Pilipinas
Date of Approval by Relevant Regulatory Agency, if applicable	Oct 5, 2023
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Seventh	The authorized capital stock of the corporation is FIVE BILLION PESOS (P5,000,000,000.00) and said capital stock is divided into FIVE HUNDRED MILLION SHARES of common stock with par value of TEN PESOS (P10.00) per share.	The authorized capital stock of the corporation is FOURTEEN BILLION SEVEN HUNDRED MILLION PESOS (P14,700,000,000.00) and said capital stock is divided into ONE BILLION FOUR HUNDRED SEVENTY MILLION SHARES of common stock with par value of TEN PESOS (P10.00) per share.

Rationale for the amendment(s)
The increase in the authorized capital stock will support future business expansion in line with the bank's strategies and directions.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The authorized capital stock of the Bank will be increased from Five Billion Pesos (P5,000,000,000.00) to Fourteen Billion Seven Hundred Million Pesos (P14,700,000,000.00).
Other Relevant Information
This disclosure is being amended on June 23, 2023 to include the date of approval by the stockholders This disclosure is being amended on October 18, 2023 to reflect the date of approval by the Banko Sentral ng Pilipinas (BSP).