C07754-2023

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 27, 2023
2. SEC Identification Number
ASO96-005555
3. BIR Tax Identification No.
000-188-209-000
4. Exact name of issuer as specified in its charter
Philippine National Bank
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
PNB Financial Center, President Diosdado Macapagal Boulevard, Pasay City, Metro Manila Postal Code 1300
8. Issuer's telephone number, including area code
(632) 8526-3131 to 70
9. Former name or former address, if changed since last report
Not Applicable
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 1,525,764,850
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.

Philippine National BankPNB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Meeting of the Board of Directors held on October 27, 2023
Background/Description of the Disclosure

We wish to advise the Exchange that during its meeting held today, October 27, 2023, the PNB Board of Directors approved and confirmed the following:

1. Execution of a proxy in favor of LT Group, Inc. covering PNB Holdings Corporation (PHC) shares held by the Bank to represent the Bank and to vote all such shares at the Special Stockholders’ Meeting of PHC on November 9, 2023;

2. Amendment to the 2023 Corporate Governance Manual;

3. Creation of a Consumer Finance Sector which consolidates the Cards and Payments Solutions Group, the Retail Lending Group and select Retail Lending Operations Department functions;

4. Revisions to the memberships of the following Board Committees:

A. Board IT Governance Committee

From
1. Vivienne K. Tan - Chairman
2. Lucio C. Tan III - Vice Chairman
3. Felix Enrico R. Alfiler - Member
4. Florido P. Casuela - Member
5. Isabelita M. Papa* - Member

To
1. Vivienne K. Tan - Chairman
2. Lucio C. Tan III - Vice Chairman
3. Felix Enrico R. Alfiler - Member
4. Florido P. Casuela - Member
5. Chester Y. Luy - Member
6. Isabelita M. Papa* - Member

B. Risk Oversight Committee

From
1. Maria Almasara Cyd N. Tuano-Amador* - Chairman
2. Domingo H. Yap* - Vice Chairman
3. Felix Enrico R. Alfiler - Member
4. Leonilo G. Coronel - Member
5. Edgar A. Cua* - Member
6. Isabelita M. Papa* - Member
7. Vivienne K. Tan - Member

To
1. Maria Almasara Cyd N. Tuano-Amador* - Chairman
2. Domingo H. Yap* - Vice Chairman
3. Felix Enrico R. Alfiler - Member
4. Leonilo G. Coronel - Member
5. Edgar A. Cua* - Member
6. Chester Y. Luy - Member
7. Isabelita M. Papa* - Member
8. Wilfrido E. Sanchez* - Member
9. Vivienne K. Tan - Member

5. Creation of the Board Overseas Offices Oversight Committee (BOOOC) to provide oversight on the overseas offices in relation to operational, legal and regulatory risks; and

6. Composition of the membership of the BOOOC, as follows:

1. Felix Enrico R. Alfiler - Chairman
2. Isabelita M. Papa* - Member
3. Maria Almasara Cyd N. Tuano-Amador* - Member

*Independent Director

We trust you will take note accordingly. Thank you.
Other Relevant Information

None.
Filed on behalf by:
Name Ruth Pamela Tanghal
Designation Corporate Secretary