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.

Ayala CorporationAC

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

Report Type

• Monthly
• Quarterly
• Others

Report Date	Sep 30, 2025

Computation of Public Ownership

Number of Issued Common Shares	636,211,677
Less: Number of Treasury Common Shares, if any	14,174,701
Number of Outstanding Common Shares	622,036,976

Less :

A. Directors

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Jaime Augusto Zobel de Ayala	0	895,997	895,997	0.14
Fernando Zobel de Ayala	0	935,079	935,079	0.15
Delfin L. Lazaro	1	97,553	97,554	0.02
Cezar P. Consing	0	399,386	399,386	0.06
Rizalina G. Mantaring	1	56,669	56,670	0.01
Emmanuel P. Maceda	1	0	1	0
Chua Sock Koong	1	0	1	0
	4	2,384,684	2,384,688	0.38

B. Officers

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Jaime Augusto Zobel de Ayala* (same as above)	-	-	-	-
Cezar P. Consing (same as above)	-	-	-	-
Estelito C. Biacora	0	35,763	35,763	0.01
Josephine G. de Asis	0	65,287	65,287	0.01
Catherine H. Ang	0	73,790	73,790	0.01
Alberto M. de Larrazabal	0	136,575	136,575	0.02
Francisco Romero Milan	0	58,965	58,965	0.01
Karl Kendrick T. Chua	0	30,000	30,000	0
Jaime Z. Urquijo	0	45,627	45,627	0.01
Mark Robert H. Uy	0	51,000	51,000	0.01
Juan Carlos L. Syquia	0	900	900	0
Maria Franchette M. Acosta	0	15,000	15,000	0
Rosario Carmela G. Austria	0	7,098	7,098	0
	0	520,005	520,005	0.08

C. Principal/Substantial Stockholders

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Mermac, Inc.	296,625,706	-	296,625,706	47.69
	296,625,706	0	296,625,706	47.69

D. Affiliates

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

E. Government

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

F. Banks

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

G. Employees

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
ESOWN Subscriptions	3,685,784	-	3,685,784	0.59
	3,685,784	0	3,685,784	0.59

H. Lock-Up Shares

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

I. Others

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

Number of Listed Common Shares	629,111,449
Total Number of Non-Public Shares	303,216,183
Total Number of Shares Owned by the Public	318,820,793
Public Ownership Percentage	51.25

Other Relevant Information
*Non-executive director, but added in the list as required by the Exchange.