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)

Apr 26, 2024

2. SEC Identification Number

34218

3. BIR Tax Identification No.

000-153-610-000

4. Exact name of issuer as specified in its charter

AYALA CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

37F to 39F, Ayala Triangle Gardens Tower 2, Paseo de Roxas cor Makati Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02) 7908-3000

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

NA

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 Shares	619,807,425
Preferred A Shares (Reissued)	5,244,515
Preferred B Series 2 Shares	30,000,000
Voting Preferred Shares	200,000,000

11. Indicate the item numbers reported herein

Item 9 - Other Matters

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.

Ayala CorporationAC

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 the Organizational Board of Directors' Meeting
Background/Description of the Disclosure
-

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
Cezar P. Consing	President and Chief Executive Officer	10	324,376	Held thru PCD and ESOWN
Jose Rene Gregory D. Almendras	Senior Managing Director, Public Affairs Group Head	10,742	359,461	Held thru PCD and ESOWN
Alberto M. de Larrazabal	Senior Managing Director, Chief Finance Officer and Finance Group Head	0	106,575	Held thru ESOWN
Maria Franchette M. Acosta	Managing Director, Chief Legal Officer, Corporate Secretary, Compliance Officer, Data Protection Officer and Corporate Governance Group Head	0	0	-
Francisco Romero Milan	Managing Director, Chief Human Resource Officer and Corporate Resources Group Head	0	28,965	Held thru ESOWN
Karl Kendrick T. Chua	Managing Director, Data Analytics and Artificial Group Head	0	0	-
Catherine H. Ang	Managing Director and Chief Audit Executive	0	61,080	Held thru ESOWN (inclusive of 5,290 Voting Preferred Shares and 2,000 APB2R Shares)
Estelito C. Biacora	Executive Director and Treasurer	0	25,763	Held thru ESOWN
Josephine G. De Asis	Executive Director and Controller	0	55,287	Held thru ESOWN
Mark Robert H. Uy	Executive Director and Corporate Strategy Group Head	0	21,000	Held thru PCD
Jaime Z. Urquijo	Associate Director and Chief Sustainability and Risk Officer	0	15,627	Held thru PCD and ESOWN
Rosario Carmela G. Austria	Assistant Corporate Secretary	0	4,098	Held thru ESOWN

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
Executive Committee	Jaime Augusto Zobel de Ayala	Chairman
Executive Committee	Delfin L. Lazaro	Member
Executive Committee	Cezar P. Consing	Member
Audit Committee	Rizalina G. Mantaring	Chairman
Audit Committee	Cesar V. Purisima	Member
Audit Committee	Chua Sock Koong	Member
Risk Management and Related Party Transactions Committee	Cesar V. Purisima	Chairman
Risk Management and Related Party Transactions Committee	Rizalina G. Mantaring	Member
Risk Management and Related Party Transactions Committee	Fernando Zobel de Ayala	Member
Corporate Governance and Nomination Committee	Chua Sock Koong	Chairman
Corporate Governance and Nomination Committee	Rizalina G. Mantaring	Member
Corporate Governance and Nomination Committee	Cesar V. Purisima	Member
Personnel and Compensation Committee	Chua Sock Koong	Chairman
Personnel and Compensation Committee	Fernando Zobel de Ayala	Member
Personnel and Compensation Committee	Rizalina G. Mantaring	Member
Finance Committee	Delfin L. Lazaro	Chairman
Finance Committee	Jaime Augusto Zobel de Ayala	Member
Finance Committee	Cezar P. Consing	Member
Finance Committee	Fernando Zobel de Ayala	Member
Sustainability Committee	Fernando Zobel de Ayala	Chairman
Sustainability Committee	Cesar V. Purisima	Member
Sustainability Committee	Chua Sock Koong	Member
Committee of Inspectors of Proxies and Ballots	Maria Franchette M. Acosta	Chairman
Committee of Inspectors of Proxies and Ballots	Catherine H. Ang	Member
Committee of Inspectors of Proxies and Ballots	Josephine G. De Asis	Member

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Our Board of Directors considered and approved the following: 1. Election of Mr. Jaime Augusto Zobel de Ayala as Chairman of the Board; 2. Election of Ms. Rizalina G. Mantaring as lead independent director; and 3. The 2024 stock option program pursuant to our Employee Stock Ownership Plan (the “Plan”). The program authorizes the grant to 111 executives, in accordance with the terms of the Plan, stock options covering up to a total of 790,000 common shares at a subscription price of Php588.29 per share, which is the rounded off volume-weighted average prices of our common shares at the Philippine Stock Exchange over the last 5-day trading days from April 19, 2024 to April 25, 2024.
Other Relevant Information
Please also be informed of the following members of our Management Committee: Cezar P. Consing Jose Rene Gregory D. Almendras Maria Franchette M. Acosta Karl Kendrick T. Chua Alberto M. de Larrazabal Francisco Romero Milan Jaime Z. Urquijo Mark Robert H. Uy