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 16, 2017

2. SEC Identification Number

31171

3. BIR Tax Identification No.

000-168-801

4. Exact name of issuer as specified in its charter

PETRON CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

(63 2) 886-3888, 884-9200

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 (PCOR)	9,375,104,497
PREFERRED SERIES 2A (PRF2A)	7,122,320
PREFERRED SERIES 2B (PRF2B)	2,877,680
PCOR SERIES A BONDS DUE 2021 (IN MIL PESO)	13,000
PCOR SERIES B BONDS DUE 2023 (IN MIL PESO)	7,000
TOTAL DEBT AS OF MAR 31, 2017 (IN MIL PESO-CONSO)	228,163

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.

Petron CorporationPCOR

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of the Organizational Meeting held on May 16, 2017
Background/Description of the Disclosure
Results of the Organizational Meeting held on May 16, 2017

List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer

Name of Person	Position/Designation	Shareholdings in the Listed Company		Nature of Indirect Ownership
		Direct	Indirect
Eduardo M. Cojuangco, Jr.	Chairman	1,000	0	N/A
Ramon S. Ang	President and Chief Executive Officer	1,000	0	N/A
Lubin B. Nepomuceno	General Manager	5,000	0	N/A
Emmanuel E. Eraña	Senior Vice President and Chief Finance Officer	0	0	N/A
Susan Y. Yu	Vice President, Procurement	0	425,000	Held through a broker
Rowena O. Cortez	Vice President, Supply	8,580	0	N/A
Freddie P. Yumang	Vice President, Refinery	0	73,600	Held through a broker
Archie B. Gupalor	Vice President, National Sales	3,000	0	N/A
Albertito S. Sarte	Vice President and Treasurer	0	1,050,000	Held through a broker
Joel Angelo C. Cruz	Vice President-General Counsel and Corporate Secretary/Compliance Officer	0	0	N/A
Julieta L. Ventigan	Vice President, Business Planning and Development	2,100	0	N/A
Rolando B. Salonga	Vice President, Operations and Corporate Technical Services Group	845	0	N/A
Dennis S. Janson	Assistant Vice President and Controller	163	15,000	Held through a broker
Jhoanna Jasmine M. Javier-Elacio	Assistant Corporate Secretary	0	0	N/A

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
Executive Committee	Eduardo M. Cojuangco, Jr.	Chairman
Executive Committee	Ramon S. Ang	Member
Executive Committee	Lubin B. Nepomuceno	Member
Executive Committee	Aurora T. Calderon	Alternate Member
Executive Committee	Virgilio S. Jacinto	Alternate Member
Audit Committee	Reynaldo G. David	Chairman (Independent Director)
Audit Committee	Margarito B. Teves	Member (Independent Director)
Audit Committee	Artemio V. Panganiban	Member (Independent Director)
Audit Committee	Estelito P. Mendoza	Member
Audit Committee	Aurora T. Calderon	Member
Audit Committee	Ferdinand K. Constantino	Advisor
Risk Oversight Committee	Artemio V. Panganiban	Chairman (Independent Director)
Risk Oversight Committee	Reynaldo G. David	Member (Independent Director)
Risk Oversight Committee	Aurora T. Calderon	Member
Corporate Governance Committee	Margarito B. Teves	Chairman (Independent Director)
Corporate Governance Committee	Reynaldo G. David	Member (Independent Director)
Corporate Governance Committee	Artemio V. Panganiban	Member (Independent Director)
Corporate Governance Committee	Estelito P. Mendoza	Member
Corporate Governance Committee	Virgilio S. Jacinto	Member
Related Party Transaction Committee	Margarito B. Teves	Chairman (Independent Director)
Related Party Transaction Committee	Reynaldo G. David	Member (Independent Director)
Related Party Transaction Committee	Aurora T. Calderon	Member

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
None.
Other Relevant Information
Please see attached letter dated May 16, 2017 disclosing the following matters approved at the Organizational Meeting held on the same date: (1) appointment of Board Committee members and Lead Independent Director, and (2) election of officers. The shareholdings set out in this template cover common shareholdings of the executive officers and the Assistant Corporate Secretary. Attached likewise is a list of the preferred shareholdings of the executive officers and the Assistant Corporate Secretary.