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)

Aug 9, 2024

2. SEC Identification Number

152747

3. BIR Tax Identification No.

000-153-790-000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

+632 7908 3111

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 Shares	14,740,083,990
Preferred Shares	12,422,524,223

11. Indicate the item numbers reported herein

Item 9 - Other Matters

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.

Ayala Land, Inc.ALI

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Articles: "ALI expects fewer project launches" and "Ayala Land says AirSWIFT entices ‘several buyers’"

Source	Manila Standard and BusinessWorld
Subject of News Report	"ALI expects fewer project launches" and "Ayala Land says AirSWIFT entices ‘several buyers’"
Date of Publication	Aug 9, 2024

Clarification of News Report
We write with respect to two news article posted in various sites on August 9, 2024 regarding Ayala Land. The first article entitled “ALI expects fewer project launches” posted in Manila Standard (online edition) reported that: “Property developer Ayala Land Inc. (ALI) reduced its planned project launches this year to P85 billion from P115 billion set at the start of the year to manage its inventory levels. ALI president and chief executive Anna Ma. Margarita Dy said in a press briefing the company aimed to further lower its inventory levels, which is now equivalent to 19 months of revenues. She said while the inventory level was down from a high of 22 months, the company aimed to bring this down to pre-pandemic level of 16 months by yearend. Dy said 60 percent of ALI’s inventories are in Metro Manila, and 40 percent in the provinces. . . . . “ We wish to clarify that Ayala Land’s current inventory level is equivalent to 19 months’ worth of reservation sales. Furthermore, the Company reduced its planned residential project launches for the year to P85 billion, which was initially set at P100 billion. On another news article entitled “Ayala Land says AirSWIFT entices ‘several buyers” posted in BusinessWorld (Online Edition), it was reported that: “LISTED Ayala Land, Inc. (ALI) said it hopes to complete the sale of its boutique airline AirSWIFT within the year and is considering offers from several buyers, not just Cebu Pacific. ‘We hope so, but we’re still in discussions. Maybe around this time next month, there’ll be something more definitive,’ ALI Chief Finance Officer Augusto D. Bengzon told reporters on Wednesday, in response to whether the company plans to complete the sale within the year. . . . . ‘The terms are not confirmed yet. But I think the principle really is that our core competency is in developing land and land-related products,’ she said. . . . .’’ We confirm the details of the abovementioned article. Appropriate disclosures will be made once a definitive agreement has been reached.
Other Relevant Information
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