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.

National Reinsurance Corporation of the PhilippinesNRCP

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

Report Type

• Monthly
• Quarterly
• Others

Report Date	Dec 31, 2025

Computation of Public Ownership

Number of Issued Common Shares	2,181,954,600
Less: Number of Treasury Common Shares, if any	58,349,000
Number of Outstanding Common Shares	2,123,605,600

Less :

A. Directors

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Evelina G. Escudero	1	-	1	0
Yvonne S. Yuchengco	100	26,000	26,100	0
Allan R. Santos	5,000	1,208,000	1,213,000	0.06
Joli Co Wu	344,100	260,000	604,100	0.03
Maria Consuelo A. Lukban	50	-	50	0
Lester Ong	50	-	50	0
Antonio M. Rubin	1,000	10,000	11,000	0
Rafael G. Ayuste Jr.	100,000	-	100,000	0
Susana C. Fong	1	-	1	0
Enrico Gregorio M. Trinidad	1	-	1	0
Roberto G. Manabat	1,000	-	1,000	0
Medel T. Nera	1,000	-	1,000	0
Rex Maria A. Mendoza	1,000	-	1,000	0
	453,303	1,504,000	1,957,303	0.09

B. Officers

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Evelina G. Escudero	-	-	-	-
Yvonne C. Yuchengco	-	-	-	-
Allan R. Santos	-	-	-	-
Joli Co Wu	-	-	-	-
Ma. Pilar M. Pilarez-Gutierrez	-	-	-	-
Melina Rose E. Gutierrez	-	-	-	-
Jaime Jose M. Javier, Jr.	-	-	-	-
Jose Augurio De Vera, Jr.	-	-	-	-
Jacqueline Michelle C. Dy	-	-	-	-
Daisy C. Salonga	-	-	-	-
Santino U. Sontillano	-	10,000	10,000	-
	0	10,000	10,000	0

C. Principal/Substantial Stockholders

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Government Service Insurance System (GSIS)	-	547,465,392	547,465,392	25.78
MICO Equities, Inc.	-	273,716,100	273,716,100	12.89
Bank of the Philippine Islands	290,795,500	-	290,795,500	13.69
	290,795,500	821,181,492	1,111,976,992	52.36

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
GSIS (same as above)	-	-	-	-
	0	0	0	0

F. Banks

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
BPI (same as above)	-	-	-	-
	0	0	0	0

G. Employees

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

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	2,181,954,600
Total Number of Non-Public Shares	1,113,944,295
Total Number of Shares Owned by the Public	1,009,661,305
Public Ownership Percentage	47.54

Other Relevant Information
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