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 31, 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	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
Ayala and Mitsubishi execute the Investment Agreement for Mitsubishi’s investment in AC Ventures
Background/Description of the Disclosure
On March 31, 2025, Ayala Corporation (“AC”), AC Ventures Holding Corp. (“ACV”), and Mitsubishi Corporation (“MC”) signed the Investment Agreement for MC’s subscription to 18,033,946 common and redeemable preferred shares of ACV for a subscription price of at least PhP18.4 billion. ACV shall use the subscription proceeds to redeem AC’s redeemable preferred shares in ACV and cover related costs. After the transactions, AC and MC shall each own a 50% ownership stake in ACV. MC’s investment will only be completed after satisfaction of conditions precedent (including the approval by the Securities and Exchange Commission of the amendment of the articles of incorporation of ACV and the approval or deemed approval of the Philippine Competition Commission).
Other Relevant Information
On March 31, 2025, AC amended its disclosure dated October 18, 2024 to reflect the signing of the definitive agreement for the transaction. On October 18, 2024, AC amended its initial disclosure dated October 17, 2024 to reflect the execution of the binding term sheet with MC and to provide additional details.