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 22, 2024

2. SEC Identification Number

152747

3. BIR Tax Identification No.

000-153-790-000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

+632 7908 3111

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 Shares	12,942,175,713
Preferred Shares	12,442,495

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 Land, Inc.ALI

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of news article: "Ayala Land sets P100B capex budget for 2024"

Source	BusinessWorld (Online Edition)
Subject of News Report	Ayala Land sets P100-billion capex budget for 2024
Date of Publication	Feb 22, 2024

Clarification of News Report
“AYALA Land, Inc. (ALI) has allocated P100 billion for its capital expenditure (capex) budget this year, with plans to launch P115 billion worth of projects, the property developer’s chief financial officer said. The company’s capex budget for 2024 is 16% higher than the P86.2 billion allocated for capex last year, ALI Chief Finance Officer Augusto D. Bengzon said during a briefing on Tuesday. ‘In terms of the 2024 capex breakdown totaling P100 billion, 34% would go to the residential business, 24% for estate development, 19% for land acquisition, 10% for malls, 8% for offices, and 5% for hotels and resorts,’ he added. He also said that ALI aims to launch projects worth P115 billion this year, comprising P100 billion in residential projects and P15 billion in commercial and industrial projects. Mr. Bengzon added that 44% of the launches will be in Metro Manila, 38% in Southern Luzon, 11% in Visayas, and Mindanao, and 7% in Central Luzon. ‘We will launch 52% as horizontal projects and 48% as vertical projects,’ Mr. Bengzon said. For commercial leasing, he said that ALI will complete 68,000 square meters (sq.m.) of gross leasable area consisting of Ayala Malls Vermosa (38,000 sq.m.), Ayala Malls Evo City (18,000 sq.m.), and Park Triangle (22,000 sq.m.). The company will also add 98,000 sq.m. of gross leasable area for office spaces. ALI President and Chief Executive Officer Anna Ma. Margarita Bautista-Dy said that 80% of the launches will be in the premium segment while the remaining 20% will be in the core segment. . . . .” We confirm the details in the abovementioned article.
Other Relevant Information
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