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)

Feb 1, 2023

2. SEC Identification Number

36073

3. BIR Tax Identification No.

000-508-271-000

4. Exact name of issuer as specified in its charter

UNION BANK OF THE PHILIPPINES

5. Province, country or other jurisdiction of incorporation

METRO MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

UNIONBANK PLAZA, MERALCO AVENUE CORNER ONYX STREET, ORTIGAS CENTER, PASIG CITY Postal Code 1605

8. Issuer's telephone number, including area code

(02) 8667-6388

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	2,353,077,228

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.

Union Bank of the PhilippinesUBP

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Stock Rights Offering - Resulting Increase in the Total Number of Issued and Outstanding Shares
Background/Description of the Disclosure
In compliance with the requirements of Securities and Exchange Commission per its Confirmation of Exempt Transaction dated December 13, 2022, we are pleased to inform the public of the successful completion of the Stock Rights Offering (“Offer”) of Union Bank of the Philippines (the “Bank”): 1. Total number of shares issued broken down as follows: Shares issued under Section 10.1 (e) pursuant to the first and mandatory second round: 210,970,464 Shares issued under Section 10.1 (e) pursuant to the exercise of Principal Shareholders’ Commitment: 0 Shares issued under Section 10.1 (l): 0 2. Resulting total number of issued and outstanding shares post-issuance: 2,353,077,228 Please note that the actual subscription of the Rights Shares will become effective only upon listing of the Rights Shares on The Philippine Stock Exchange, Inc. on February 6, 2023.
Other Relevant Information
N/A