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 25, 2021

2. SEC Identification Number

PW-94

3. BIR Tax Identification No.

000-707-922

4. Exact name of issuer as specified in its charter

PAL Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor, PNB Financial Center, President Diosdado Macapagal Ave., CCP Complex, Pasay City Postal Code 1307

8. Issuer's telephone number, including area code

(02) 8810-2451

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	11,610,978,242

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.

PAL Holdings, Inc.PAL

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 of the Board of Directors
Background/Description of the Disclosure
We wish to advise the Exchange that at the Organizational Meeting of the Board of Directors held today, November 25, 2021, the following were appointed to the position(s) set forth after their names:

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
Lucio C. Tan	Chairman, President and CEO	450	-	-
Lucio C. Tan III	Vice President	450	-	-
Juanita T. Tan Lee	Treasurer	-	-	-
Ma. Cecilia L. Pesayco	Corporate Secretary	-	-	-
Susan T. Lee	Chief Finance Officer and Compliance Officer	-	-	-

List of Committees and Membership

Name of Committees	Members	Position/Designation in Committee
Executive Committee	Dr. Lucio C. Tan	Chairman
Executive Committee	Lucio C. Tan III	Member
Executive Committee	Sheila T. Pascual	Member
Executive Committee	Gilbert Gabriel F. Santa Maria	Member
Executive Committee	Johnip G. Cua	Member
Audit and Risk Management Committee	Johnip G. Cua	Chairman
Audit and Risk Management Committee	Lucio C. Tan III	Member
Audit and Risk Management Committee	Sheila T. Pascual	Member
Audit and Risk Management Committee	Bienvenido E. Laguesma	Member
Audit and Risk Management Committee	Jerome S. Tan	Member
Corporate Governance Committee	Bienvenido E. Laguesma	Chairman
Corporate Governance Committee	Lucio C. Tan III	Member
Corporate Governance Committee	Sheila T. Pascual	Member
Corporate Governance Committee	Johnip G. Cua	Member
Corporate Governance Committee	Jerome S. Tan	Member
Nomination and Compensation Committee	Dr. Lucio C. Tan	Chairman
Nomination and Compensation Committee	Carmen K. Tan	Member
Nomination and Compensation Committee	Johnip G. Cua	Member
Nomination and Compensation Committee	Sheila T. Pascual	Member

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