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)

Mar 5, 2025

2. SEC Identification Number

34218

3. BIR Tax Identification No.

000-153-610-000

4. Exact name of issuer as specified in its charter

AYALA CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

37F to 39F, Ayala Triangle Gardens Tower 2, Paseo de Roxas cor Makati Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02) 7908-3000

9. Former name or former address, if changed since last report

NA

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	623,596,775
Preferred A Shares (Reissued)	5,244,515
Preferred B Series 3 Shares	7,500,000
Voting Preferred Shares	200,000,000

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.

Ayala CorporationAC

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
Execution by Ayala Corporation (“AC”), AC Logistics Holdings Corporation (“AC Logistics”), a wholly owned subsidiary of AC, and A.P. Møller Capital (“APMC”), through EMIF II Holding III B.V. (“EMIF”), of a Share Subscription Agreement for EMIF’s investment in AC Logistics.
Background/Description of the Disclosure
On March 6, 2025, AC, AC Logistics, and EMIF signed a Share Subscription Agreement for EMIF’s subscription to common and redeemable preferred shares of AC Logistics equivalent to a ~40% economic stake (the “Transaction”). The completion of the Transaction is subject to finalization of subscription price and satisfaction of conditions precedent including but not limited to regulatory approvals and the achievement of certain business milestones. The Executive Committee of AC’s Board of Directors and the Board of Directors of AC Logistics approved the Transaction on 5 March 2025 and 21 February 2025, respectively.
Other Relevant Information
Please see attached press release.