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)

Feb 8, 2024

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 4-32 - Reply to Exchange's Query

Subject of the Disclosure
Update on Property Dividend Declaration of PNB
Description of the Disclosure
We write in response to the request of the Exchange for an update on the payment date of the Bank’s property dividends declaration of up to 239,353,710 common shares of PNB Holdings Corporation (“PHC”) with a par value of Php100.00 per share with entitlement ratio of 0.156886919 shares of PHC for every 1 share of PNB, and to provide the contact details of the Bank so that the public may reach the Bank directly for any additional inquiries about the property dividend.
Information Requested
As an update, PNB has secured more electronic Certificate Authorizing Registration (eCAR) for PNB shareholders who have given all the information required by the BIR. The Bank is continuously working to secure the required documents and information from the remaining shareholders and with the Bureau of Internal Revenue (BIR) to secure the remaining eCARs. PNB, in coordination with PNB Holdings Corporation, is also exploring, subject to legal and regulatory considerations, the dividend distribution to those shareholders for which eCARs have already been secured. After the legal and regulatory considerations are cleared along with the remaining necessary approvals are attained and administrative processes completed, we will immediately announce the payment date for the property dividends. For questions or concerns, feel free to contact us via email at [email protected]. PNB is committed to provide response to your inquiries promptly. We trust you will take note accordingly. Thank you.