Ayala : Change in Number of Issued and/or Outstanding Shares

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) May 20, 20222. SEC Identification Number 342183. BIR Tax Identification No. 000-153-610-0004. Exact name of issuer as specified in its charter AYALA CORPORATION5. Province, country or other jurisdiction of incorporation PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office 32F to 35F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati CityPostal Code12268. Issuer's telephone number, including area code [phone]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	619,718,737
Preferred B Series 1 Shares	20,000,000
Preferred B Series 2 Shares	30,000,000
Voting Preferred Shares	200,000,000

11. Indicate the item numbers reported herein Item 9 - Other Matters

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.

Ayala CorporationAC PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Additional Issuance of Common Shares

Background/Description of the Disclosure

Please be informed that 15,120 common shares were issued to a key officer of our Corporation following his exercise of the Employee Stock Option Plan which was granted to him in 2013. In view of the foregoing issuance of shares, the number of our issued and outstanding common shares are 633,913,589 and 619,718,737, respectively.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares

Type of Security /Stock Symbol	Before	After
Common Shares / AC	633,898,469	633,913,589
Preferred A Shares / ACPA	12,000,000	12,000,000
Preferred B Series 1 Shares/ ACPB1	28,000,000	28,000,000
Preferred B Series 2 Shares/ APB2R	30,000,000	30,000,000
Voting Preferred Shares	200,000,000	200,000,000

Outstanding Shares

Type of Security /Stock Symbol	Before	After
Common Shares / AC	619,703,617	619,718,737
Preferred B Series 1 Shares/ ACPB1	20,000,000	20,000,000
Preferred B Series 2 Shares/ APB2R	30,000,000	300,000,000
Voting Preferred Shares	200,000,000	200,000,000

Other Changes, if any

In percent	Before	After
Public float	51.26	51.26
Foreign Ownership level	20.94	20.94

Filed on behalf by:

Name	Solomon Hermosura
Designation	Managing Director, Chief Legal Officer, Corporate Secretary, Compliance Officer, Data Protection Officer & Corporate Governance Group Head