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)

Jul 16, 2021

2. SEC Identification Number

ASO96-005555

3. BIR Tax Identification No.

000-188-209-000

4. Exact name of issuer as specified in its charter

Philippine National Bank

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

PNB Financial Center, Pres. Diosdado Macapagal Blvd., Pasay City, Metro Manila Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8526-3131 to 70/(632) 8891-6040 to 70

9. Former name or former address, 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
Common Shares	1,525,764,850

11. Indicate the item numbers reported herein

Item 9

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.

Philippine National BankPNB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of the Meeting of the PNB Board of Directors held on July 7, 2021
Background/Description of the Disclosure
On July 7, 2021, we advised the Exchange that in relation to our disclosure dated June 25, 2021 on the establishment of a digital bank, the PNB Board of Directors approved and confirmed the conversion of Allied Integrated Holdings, Inc. (formerly PNB Savings Bank) into a Digital Bank, subject to regulatory and other necessary approvals. We wish to clarify to the Exchange that notwithstanding the conversion of Allied Integrated Holdings, Inc. as the corporate entity for the digital bank, the Bank will still apply for a new banking license under BSP Circular No. 1105 dated December 2, 2020. We trust you will take note accordingly. Thank you.
Other Relevant Information
The disclosure was amended to clarify the disclosure submitted on July 7, 2021 regarding the establishment of a digital bank.