Remarks C03667-2016

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)
Jun 22, 2016
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
NO. 10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
8. Issuer's telephone number, including area code
(02) 371 1111
9. Former name or former address, if changed since last report
N/A
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 1,200,000,000
11. Indicate the item numbers reported herein
Items 4 : Election of Directors and Item 9: Other Events

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of the Annual Stockholders' Meeting held on 22 June 2016.

Background/Description of the Disclosure

Approval of the matters presented for consideration of the shareholders during the Annual Stockholders' Meeting

List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
NECISTO U. SYTENGCO 25,286,000 430,293,900 Held by members of the director's immediate family sharing the same household and by a corporation of which such director is a controlling shareholder (Swan Insurance Agency Corp and Anesy Holdings Corporation)
GERRY D. TAN 25,000 0 n/a
ESMERALDO A. TEPACE 180,400 0 n/a
VICTORINA B. LADRINGAN 470,000 0 n/a
AYLENE Y. SYTENGCO 6,125,000 44,603,900 Held by members of the director's immediate family sharing the same household and by a corporation of which such director is a controlling stockholder (Bluepalms Phils Corp)
NECISTO Y. SYTENGCO II 3,700,000 15,000,000 Held by a corporation of which such director is a controlling stockholder (Aveluz Holdings Corporation) is a controlling shareholders (Aveluz Holdings Corporation)
RICARDO NICANOR N. JACINTO 50,000 0 n/a
ROSALEO M. MONTENEGRO 50,001 0 n/a
LILIAN S. LINSANGAN 50,001 0 N/A
External auditor Punongbayan & Araullo
List of other material resolutions, transactions and corporate actions approved by the stockholders

Please refer to the attached disclosure-letter listing the resolutions and corporate actions approved by the shareholders

Other Relevant Information

none

Filed on behalf by:
Name Regina Simona De Guzman
Designation Corporate Secretary and Compliance Officer