The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.

San Miguel CorporationSMC

PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership

Report Type

• Monthly
• Quarterly
• Others

Report Date	Dec 31, 2021

Computation of Public Ownership

Number of Issued and Outstanding Common Shares	3,288,649,125
Less: Number of Treasury Common Shares, if any	904,752,537
Number of Outstanding Common Shares	2,383,896,588

Less :

A. Directors

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Ramon S. Ang	1,345,429	0	1,345,429	0.05
John Paul L. Ang	5,000	0	5,000	0
Joselito D. Campos, Jr.	9,149	0	9,149	0
Menardo R. Jimenez	5,000	0	5,000	0
Estelito P. Mendoza	31,972	0	31,972	0
Aurora T. Calderon	22,600	0	22,600	0
Alexander J. Poblador	5,000	0	5,000	0
Reynato S. Puno	5,000	0	5,000	0
Jose C. de Venecia, Jr,	5,000	0	5,000	0
Ramon F. Villavicencio	35,000	9,000	44,000	0
Thomas A. Tan	5,000	0	5,000	0
Margartio B. Teves	5,000	0	5,000	0
Inigo Zobel	16,171	0	16,171	0
Teresita J. Leonardo de Castro	5,000	0	5,000	0
Diosdado M. Peralta	5,000	0	5,000	0
	1,505,321	9,000	1,514,321	0.05

B. Officers

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Josephine C. Cabrera	26,957	1,953	28,910	0
Ferdinand K. Constantino	477,692	0	477,692	0.02
Almira C. Dalusung	65,525	0	65,525	0
Lorenzo G. Formoso III	20,000	0	20,000	0
Cecile Caroline U. de Ocampo	1,950	0	1,950	0
Elenita D. Go	71,962	0	71,962	0
Virgilio S. Jacinto	180,830	0	180,830	0
Ma. Raquel Paula G. Lichauco	48,774	0	48,774	0
Bella O. Navarra	116,913	0	116,913	0
Joseph N. Pineda	0	62,715	62,715	0
Mary Rose S. Tan	1,724	0	1,724	0
	1,012,327	64,668	1,076,995	0.02

C. Principal/Substantial Stockholders

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Top Frontier Investment Holdings, Inc,	1,573,100,340	0	1,573,100,340	65.98
Privado Holdings Corporation	368,140,516	5,483,280	373,623,796	15.67
	1,941,240,856	5,483,280	1,946,724,136	81.65

D. Affiliates

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
San Miguel Corporation Ret. Plan	16,395	2,367,137	2,383,532	0.1
	16,395	2,367,137	2,383,532	0.1

E. Government

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
None	0	0	0	0
	0	0	0	0

F. Banks

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Various Banks	315,248	0	315,248	0.01
	315,248	0	315,248	0.01

G. Employees

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Various Employees	1,876,336	0	1,876,336	0.07
	1,876,336	0	1,876,336	0.07

H. Lock-Up Shares

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
-	52,925,932	0	52,925,932	2.22
	52,925,932	0	52,925,932	2.22

I. Others

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
0	0	0	0	0
	0	0	0	0

Number of Listed Common Shares	3,245,734,226
Total Number of Non-Public Shares	2,006,816,500
Total Number of Shares Owned by the Public	377,080,088
Public Ownership Percentage	15.82

Other Relevant Information
None