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)

May 10, 2017

2. SEC Identification Number

1177

3. BIR Tax Identification No.

000-768-480-000

4. Exact name of issuer as specified in its charter

Globe Telecom, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634

8. Issuer's telephone number, including area code

(02) 797-2000

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	132,900,855
Total Debt (in Php Millions)	108,100

11. Indicate the item numbers reported herein

Please refer to the relevant attachment.

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.

Globe Telecom, Inc.GLO

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
Corporate Disclosure on Board Committees
Background/Description of the Disclosure
We disclose the changes in the composition of members and names of the following board committees, as approved by our Board of Directors effective immediately: NOMINATION and GOVERNANCE COMMITTEE: Chairman – Rex Ma. A. Mendoza (ID) Member – Manuel A. Pacis (ID) Member – Saw Phaik Hwa (ID) COMPENSATION AND REMUNERATION COMMITTEE: Chairman – Rex Ma. A. Mendoza (ID) Member – Fernando Zobel de Ayala Member – Lang Tao Yih, Arthur Member – Manuel A. Pacis (ID) Member – Saw Phaik Hwa (ID) AUDIT and RELATED PARTY TRANSACTIONS (RPT) COMMITTEE: Chairman – Manuel A. Pacis (ID) Member – Saw Phaik Hwa (ID) Member – Rex Ma. A. Mendoza (ID) Member – Romeo L. Bernardo *Note: “ID” refers to Independent Director
Other Relevant Information
All of our board committees not mentioned here remain the same. The changes were made in furtherance of our thrust for a strong corporate governance culture and in compliance with the Code of Corporate Governance for Publicly-Listed Companies. Please refer to the relevant attachment.