Ayala : Press Release

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) Aug 15, 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 37F to 39F, Ayala Triangle Gardens Tower 2, Paseo de Roxas cor Makati Avenue, Makati CityPostal Code12268. Issuer's telephone number, including area code [phone]9. Former name or former address, if changed since last report NA10. 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	619,143,083
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

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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Ayala increases stake in Ayala Land via share block purchase

Background/Description of the Disclosure

In line with its ongoing share block purchase of Ayala Land, Inc. (Ayala Land), Ayala Corporation (Ayala) executed another round of share block purchase, equivalent to an additional 3.2% economic stake in the company. On August 9 and August 12, 2022, Ayala purchased 468,672,400 common shares of Ayala Land at a price of P25.20 per share amounting to P11.82 billion.

Other Relevant Information

On August 15, 2022, Ayala amended its disclosure dated August 12, 2022 concerning its purchase of Ayala Land common shares in order to reflect additional information. As a result of the latest acquisition of 468,672,400 Ayala Land shares, Ayala's ownership of the common shares of Ayala Land increased to 49.5%. With Ayala's ownership of 12,163,180,640 voting preferred shares of Ayala Land, Ayala's total voting stake in Ayala Land increased from 69.8% to 71.6%. After the effectivity of the property-for-share swap between Ayala and Ayala Land, which is still undergoing regulatory review, Ayala's ownership percentage of Ayala Land's common shares of Ayala Land will increase to 50.5% and its voting stake will increase to 71.9%. While there would be an increased ownership percentage of Ayala in Ayala Land resulting from the share acquisition as well as the property-for-share swap (once effective), the mandatory tender offer requirement is not triggered because there is no change in control of Ayala Land. Neither was there a change of beneficial owner of Ayala Land. Prior to the foregoing transactions, Ayala already owned directly more than 68% of the total voting stock and total outstanding shares of Ayala Land.

Filed on behalf by:

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