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 26, 2024

2. SEC Identification Number

34001

3. BIR Tax Identification No.

000-708-174-000

4. Exact name of issuer as specified in its charter

BDO Unibank, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

BDO Corporate Center, 7899 Makati Ave., Makati City Postal Code 0726

8. Issuer's telephone number, including area code

(632) 8840-7000 / 8702-6000

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

--

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	5,268,615,197
Preferred	618,000,000

11. Indicate the item numbers reported herein

Item 9 - Other Events

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.

BDO Unibank, Inc.BDO

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 Board Meeting
Background/Description of the Disclosure
Ladies and Gentlemen: Please be informed that the Board of Directors of BDO Unibank, Inc. (BDO Unibank), at its regular meeting held on February 24, 2024, approved the 2023 Audited Financial Statements of BDO Unibank and its Subsidiaries and the corresponding Notes to Financial Statements. BDO delivered a net income of P73.4 Billion in 2023 from P57.1 Billion in 2022, from growth across its core businesses. This translated to a Return on Common Equity of 15.2%, up from 13.0% in the previous year. Loans are up 9%, ahead of system growth. Asset quality is improving, with non-performing loan (NPL) ratio at 1.85%, and NPL coverage up to 185%. Capital position remains robust. Book value per share is up 12% to P96.75. Sustainability initiatives continued, wherein P63.3 Billion ASEAN Sustainability Bonds were issued in January. The Bank will be releasing to the corresponding press release entitled “BDO net income reaches P73.4 billion in 2023”. At the same board meeting, the Board of Directors of BDO Unibank approved the secondment of MR. JOSEPH ALBERT L. GOTUACO, Senior Executive Vice President, to BDO Private Bank, Inc. as President, effective upon regulatory approval. Thank you.
Other Relevant Information
Please see attachments.