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D&L Industries, Inc.DNL

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Ainslee Anne T. Lao
Relationship of Reporting Person to Issuer	Assistant Corporate Secretary

Description of the Disclosure
Statement of Changes in Beneficial Ownership of Securities as of January 18, 2021.