C01554-2021

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)
Mar 10, 2021
2. SEC Identification Number
77823
3. BIR Tax Identification No.
000-527-103
4. Exact name of issuer as specified in its charter
Cityland Development Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2/F Cityland Condominium 10 Tower I, 156 H.V. Dela Costa St., Makati City Postal Code 1226
8. Issuer's telephone number, including area code
02-88936060
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
Unclassified Common Shares 4,623,925,680
11. Indicate the item numbers reported herein
Item no. 4- Resignation of Director and Appointment of Independent Director

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.

Cityland Development CorporationCDC

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Resignation of Director and Appointment of Independent Director.

Background/Description of the Disclosure

During the regular meeting of the Board of Directors today, March 10, 2021, the Board accepted the resignation of Ms. Emma A. Choa as Director
and appointed Mr. Eduardo C. Villanueva as a new member of the Board. Based on his qualifications, he was also appointed as an Independent
Director effective March 10, 2021. The Board noted that the resignation of Ms. Emma A. Choa as Director is due to personal reasons. She will
remain as the Executive Vice President and Treasurer of the Company.

Mr. Eduardo Cruz Villanueva, more popularly known as Bro. Eddie, uses his unique gifts and calling as an evangelist, public servant, and corporate
leader in building a better world.

He is currently the Deputy Speaker for Good Governance and Moral Transformation of the Philippine House of Representatives while also serving
as a congressman for Citizens' Battle Against Corruption (CIBAC) party-list.

He is the President and Chairman of ZOE Broadcasting Network, the franchise holder and licensee of VHF Channel 11 and UHF Channel 33.
ZOE Broadcasting Network caters to A2Z Channel 11 and operates Light TV Channel 33 - God's Channel of Blessings, which both provide quality
entertainment and inspirational programming to Philippine households.

More prominently, Bro. Eddie is known as the trailblazing founder, president, and spiritual director of the Jesus Is Lord Church Worldwide, or JIL,
which started as a fellowship of 15 students in 1978. With established chapters all over the Philippines and in more than 60 countries and territories,
JIL is now one of the largest Filipino churches in the world.

His other present positions are as follows:
- Chancellor, Jesus Is Lord Colleges Foundation (JILCF), Inc.
- Chairman Emeritus, Philippines for Jesus Movement (PJM)
- Member, Board of Trustees International Bible Society-Philippines now BIBLICA
- Chairman, Bangon Pilipinas National Renewal Movement (ARISE PHILIPPINES)
- TV Host, Jesus the Healer; Diyos at Bayan (GOD and Country)
- Chairman, Asia For Christ Mission (AFCM)

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Emma A. Choa Director Mar 10 2021 Personal
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)
Effective Date of Appointment Election
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Eduardo C. Villanueva Independent Director Mar 10, 2021 Mar 10, 2021 1,000 0 N.A.
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)
Effective Date of Change
(mmm/dd/yyyy)
Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
N.A. N.A. N.A. N.A. N.A. 0 0 N.A.
Other Relevant Information

N.A.

Filed on behalf by:
Name Rudy Go
Designation Senior Vice President