SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 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 or organization

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

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

8. Issuer's telephone number, including area code

(632) 7908-3000

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

Not applicable

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
Preferred A (net of 6,755,485 treasury shares)	0
Preferred A (reissued)	5,244,515
Preferred B (net of 40,500,000 treasury shares)	0
Preferred B Series 3	7,500,000
Preferred B Series 4	10,000,000
Voting Preferred	200,000,000
Common (net of 14,174,701 treasury shares)	622,036,976
Debt outstanding as of September 30, 2025 (in PHP)	16,000,000,000

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

As of September 30, 2025, a total of 629,111,449 common shares, 12,000,000 Preferred A (Preferred A and “ACPAR”) shares, 40,500,000 Preferred B shares, 7,500,000 preferred B series 3 (“ACPB3”) shares, and 10,000,000 Preferred B series 4 (“ACPB4”) shares are listed in the Philippine Stock Exchange (“PSE”). A total of 14,174,701 common shares, 6,755,485 Preferred A shares, and 40,500,000 Preferred B shares are held in Treasury by the Company.

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2025
Currency (indicate units, if applicable)	In Thousand Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2024
Current Assets	613,966,954	584,562,518
Total Assets	1,852,149,219	1,749,325,722
Current Liabilities	413,483,552	389,290,509
Total Liabilities	1,059,919,048	1,023,744,002
Retained Earnings/(Deficit)	376,892,655	335,194,299
Stockholders' Equity	792,230,171	725,581,720
Stockholders' Equity - Parent	500,304,799	434,499,625
Book Value per Share	727.75	652.22

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	78,316,364	76,237,519	238,601,348	232,876,810
Gross Expense	66,375,670	64,569,845	203,117,111	206,470,794
Non-Operating Income	28,138,307	16,359,605	61,274,077	55,603,403
Non-Operating Expense	9,931,263	8,759,167	29,251,157	24,976,391
Income/(Loss) Before Tax	30,147,738	19,268,112	67,507,157	57,033,028
Income Tax Expense	2,062,842	2,171,294	6,407,178	7,425,155
Net Income/(Loss) After Tax	28,084,896	17,096,818	61,099,979	49,607,873
Net Income Attributable to Parent Equity Holder	22,907,929	11,678,264	46,265,477	33,964,751
Earnings/(Loss) Per Share (Basic)	35.53	18.18	71.58	52.77
Earnings/(Loss) Per Share (Diluted)	35.51	18.18	71.52	52.77

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	84.33	61.22
Earnings/(Loss) Per Share (Diluted)	84.33	61.22

Other Relevant Information
The Balance Sheet (BS) and Income Statement (IS) amounts are in Thousands except Book value per share and Earnings per share. Please see attached Ayala Corporation and Subsidiaries SEC Form 17-Q as of September 30, 2025.