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)

Nov 24, 2017

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, Pres. Diosdado Macapagal Blvd., Pasay City, Metro Manila Postal Code 1300

8. Issuer's telephone number, including area code

(632) 526-3131 to 70 / (632) 891-6040 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	1,249,139,678

11. Indicate the item numbers reported herein

Items 4 and 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 4-30 - 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 the meeting of the PNB Board of Directors held on November 24, 2017
Background/Description of the Disclosure
We wish to inform the Exchange that during its meeting held today, November 24, 2017, the Board of Directors approved the following: 1. Amendment of the respective charters of the Board Audit and Compliance Committee and the Corporate Governance/Nomination/Remuneration and Sustainability Committee; 2. Appointment of Mr. Reynaldo A. Maclang as resource person to the Corporate Governance/Nomination/Remuneration and Sustainability Committee; 3. Election of Mr. Christopher J. Nelson as the Chairman of the Trust Committee, vice Mr. Federico C. Pascual, who will continue to serve as a member of the Trust Committee; 4. Election of Messrs. Leonilo G. Coronel and Cecilio K. Pedro as additional members of the Risk Oversight Committee; 5. Hiring of Ms. Mariana Flores-Caculitan as Head of the Ecosystem Division, with the rank of SVP, effective upon assumption of duties. Further, please be informed that Ms. Caculitan has no beneficial ownership over any shares of PNB as of this date. We trust you will take proper note of the above.
Other Relevant Information
None