C08117-2021

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)
Dec 2, 2021
2. SEC Identification Number
PW-277
3. BIR Tax Identification No.
000-060-741-000
4. Exact name of issuer as specified in its charter
SAN MIGUEL CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, Philippines Postal Code 1550
8. Issuer's telephone number, including area code
(632) 8 632-3000
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
SMC 2,383,896,588
SMC2F 223,333,500
SMC2H 164,000,000
SMC2I 169,333,400
SMC2J 226,666,667
SMC2K 183,904,900
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.

San Miguel CorporationSMC

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Confirmation of the designation of Mr. Ramon S. Ang as President and Chief Executive Officer of the Company.

Background/Description of the Disclosure

In view of the approval by the Securities and Exchange Commission of the Amended By-Laws of the Company on November 2, 2021:

(a) the roles, functions and duties of the Chairman of the Board are separated from the President and Chief Executive Officer such that the scope of the role and duties of the Chairman are focused on the non-executive functions;

(b) the roles, functions and duties of the President and Chief Executive Officer are unified in the position of the President in accordance with the recommended best practices in corporate governance on the separate functions of the Chairman and the President; and

(c) all references to the Chairman and Chief Executive Officer were changed to the “Chairman of the Board” while all references to the President and Chief Operating Officer were changed to the “President and Chief Executive Officer.”

With the approval of the amendment, the Board of Directors upon the endorsement of the Corporate Governance Committee confirmed the designation of Mr. Ramon S. Ang as President and Chief Executive Officer of the Company. He will continue to concurrently hold the position of Vice Chairman of the Company.

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
- - - -
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)
Effective Date of Appointment Election
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Ramon S. Ang President and Chief Executive Officer 12/02/2021 12/02/2021 1,345,429 783,498,621 through his direct shareholdings in various companies which in turn own shares in SMC
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)
Effective Date of Change
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
- - - - - - - -
Other Relevant Information

None

Filed on behalf by:
Name Mary Rose Tan
Designation Associate General Counsel and Assistant Corporate Secretary