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)

Jun 22, 2018

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371 1111

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	1,549,999,999

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.

SBS Philippines CorporationSBS

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 Organizational Meeting of the Board of Directors.
Background/Description of the Disclosure
In the Organizational Meeting of the Board of Directors held on June 22, 2018 after the Annual Shareholders’ Meeting, the Board approved the following appointments: 1. Appointment of members of the following Board Committees: Executive Committee, Audit, Risk Oversight and Related Party Transaction Committee, and Corporate Governance, Nomination and Remuneration Committee; and 2. Election of officers for the term 2018-2019.

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
NECISTO U. SYTENGCO	CHAIRMAN OF THE BOARD	73,031,571	570,711,126	Held by members of officer
NICANOR RICARDO N. JACINTO	VICE CHAIRMAN OF THE BOARD	64,583	0	N/A
GERRY D. TAN	PRESIDENT & CHIEF EXECUTIVE OFFICER	32,291	0	N/A
ESMERALDO A. TEPACE	EVP, CHIEF OPERATING OFFICER & CHIEF RISK OFFICER	233,016	0	N/A
AYLENE Y. SYTENGCO	CHIEF FINANCIAL OFFICER & TREASURER, COMPLIANCE OFFICER	10,662,441	98,651,119	Held by members of officer
NECISTO Y. SYTENGCO II	SENIOR VICE PRESIDENT FOR MARKETING OPERATIONS & ASSISTANT TREASURER	5,367,629	12,544,041	Held by a corporation of which such officer is a controlling shareholder (Aveluz Holdings Corporation)
LALI Y. SYTENGCO	VICE PRESIDENT FOR PURCHASING	2,856,030	74,825,230	Held by members of the officer
CHRISTINE P. BASE	CORPORATE SECRETARY	0	0	N/A
JOSE FIDEL R. ACUÑA	CHIEF INFORMATION OFFICER	0	0	N/A
JENNIFER B. BALAO	AVP & ACCOUNTING HEAD	0	0	N/A
SABRINA ADAMELLE POON-SYTENGCO	INVESTOR RELATIONS OFFICER	0	5,367,629	Held by members of the officer
EMERSON PAULINO	INTERNAL AUDITOR	0	0	N/A

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
EXECUTIVE COMMITTEE	NECISTO U. SYTENGCO	NON-EXECUTIVE DIRECTOR
EXECUTIVE COMMITTEE	GERRY D. TAN	EXECUTIVE DIRECTOR
EXECUTIVE COMMITTEE	ESMERALDO A. TEPACE	EXECUTIVE DIRECTOR
EXECUTIVE COMMITTEE	AYLENE Y. SYTENGCO	EXECUTIVE DIRECTOR
EXECUTIVE COMMITTEE	NECISTO Y. SYTENGCO II	EXECUTIVE DIRECTOR
AUDIT, RISK OVERSIGHT AND RELATED PARTY TRANSACTION COMMITTEE	LILIAN S. LINSANGAN	INDEPENDENT DIRECTOR
AUDIT, RISK OVERSIGHT AND RELATED PARTY TRANSACTION COMMITTEE	ROBERTO F. ANONAS JR.	INDEPENDENT DIRECTOR
AUDIT, RISK OVERSIGHT AND RELATED PARTY TRANSACTION COMMITTEE	RICARDO NICANOR N. JACINTO	NON-EXECUTIVE DIRECTOR
AUDIT, RISK OVERSIGHT AND RELATED PARTY TRANSACTION COMMITTEE	GEOCEL D. OLANDAY	INDEPENDENT DIRECTOR
AUDIT, RISK OVERSIGHT AND RELATED PARTY TRANSACTION COMMITTEE	AYLENE Y. SYTENGCO	EXECUTIVE DIRECTOR
CORPORATE GOVERNANCE, NOMINATION AND REMUNERATION COMMITTEE	ROBERTO F. ANONAS JR.	INDEPENDENT DIRECTOR
CORPORATE GOVERNANCE, NOMINATION AND REMUNERATION COMMITTEE	LILIAN S. LINSANGAN	INDEPENDENT DIRECTOR
CORPORATE GOVERNANCE, NOMINATION AND REMUNERATION COMMITTEE	RICARDO NICANOR N. JACINTO	NON-EXECUTIVE DIRECTOR
CORPORATE GOVERNANCE, NOMINATION AND REMUNERATION COMMITTEE	GEOCEL D. OLANDAY	INDEPENDENT DIRECTOR

List of other material resolutions, transactions and corporate actions approved by the Board of Directors
N/A
Other Relevant Information
None