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.

San Miguel CorporationSMC

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

Report Type

• Monthly
• Quarterly
• Others

Report Date	Sep 30, 2026

Computation of Public Ownership

Number of Issued Common Shares	2,383,896,588
Less: Number of Treasury Common Shares, if any	-
Number of Outstanding Common Shares	2,383,896,588

Less :

A. Directors

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Ramon S. Ang	1,345,429	-	1,345,429	0.06
John Paul L. Ang	5,000	-	5,000	0
Cecile L. Ang	5,000	-	5,000	0
Aurora T. Calderon	22,600	-	22,600	0
Joselito D. Campos, Jr.	9,149	-	9,149	0
Joseph N. Pineda	5,000	62,715	67,715	0
Ernesto M. Pernia	5,000	-	5,000	0
Alexander J. Poblador	5,000	-	5,000	0
Thomas A. Tan	5,000	-	5,000	0
Bryan U. Villanueva	5,000	-	5,000	0
Iñigo Zobel	16,171	-	16,171	0
Douglas L. LuYm	5,000	-	5,000	0
Felipe M. Medalla	5,000	-	5,000	0
Antonio S. Abacan, Jr.	5,000	-	5,000	0
Jaime J. Bautista	5,000	-	5,000	0
	1,448,349	62,715	1,511,064	0.06

B. Officers

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Almira C. Dalusung	65,525	-	65,525	-
Cecile Caroline U. de Ocampo	1,950	-	1,950	-
Elenita D. Go	71,962	-	71,962	-
Virgilio S. Jacinto	180,830	-	180,830	0.01
Ma. Raquel Paula G. Lichauco	48,774	-	48,774	-
Ann Lorraine O. Maliksi	4,152	3,939	8,091	-
Bella O. Navarra	116,913	-	116,913	0.01
Mary Rose S. Tan	1,724	-	1,724	-
Rosalina A. Lioanag	10,012	-	10,012	0
	501,842	3,939	505,781	0.02

C. Principal/Substantial Stockholders

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Top Frontier Investment Holdings, Inc.	1,424,111,661	48,556,679	1,472,668,340	61.78
Privado Holdings, Corp.	368,140,516	5,483,280	373,623,796	15.67
	1,792,252,177	54,039,959	1,846,292,136	77.45

D. Affiliates

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
San Miguel Corporation Ret. Plan	1,395	-	1,395	-
	1,395	0	1,395	0

E. Government

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Republic of the Philippines	27,636,339	-	27,636,339	1.16
	27,636,339	0	27,636,339	1.16

F. Banks

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Various Banks	372,656	-	372,656	0.02
	372,656	0	372,656	0.02

G. Employees

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Various Employees	1,398,758	-	1,398,758	0.06
	1,398,758	0	1,398,758	0.06

H. Lock-Up Shares

Name	Direct	Indirect	Total direct & indirect shares	% to Total Outstanding Shares
Various	12,959,625	22,113	12,981,738	0.54
	12,959,625	22,113	12,981,738	0.54

I. Others

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

Number of Listed Common Shares	2,340,981,689
Total Number of Non-Public Shares	1,890,699,867
Total Number of Shares Owned by the Public	493,196,721
Public Ownership Percentage	20.69%

Other Relevant Information
None.