August 19, 2021

ATTY. MARIE ROSE M. MAGALLEN-LIRIO

Head - Issuer Compliance & Disclosure Department Philippine Dealing & Exchange Corp.

29/F, BDO Equitable Tower,

8751 Paseo de Roxas, Makati City

Dear Atty. Magallen-Lirio

Attached is the updated list of BPI subsidiaries, affiliates, and their respective wholly or majority-owned or controlled entities, as applicable, as of 31 July 2021.

Thank you.

Very truly yours,

Maria Consuelo A. Lukban

Corporate Information Officer

BANK OF THE PHILIPPINE ISLANDS

Tower One, Ayala North Exchange 6796 Ayala Avenue corner Salcedo St. Legaspi Village, Makati City 1226

Tel: (632) 818 5541 to 48 Phone Banking: +632 89-100 www.bpi.com.ph

SUBSIDIARIES, AFFILIATES, AND THEIR RESPECTIVE WHOLLY OR MAJORITY-OWNED OR

CONTROLLED ENTITIES (as of July 31 2021)

1

AF PAYMENTS, INC

2

AYALA PLANS.

3

BEACON PROPERTY VENTURES, INC.

4

BPI ASSET MANAGEMENT and TRUST CORPORATION

5

BPI CAPITAL CORP

6

BPI CENTURY TOKYO LEASE & FINANCE CORP

7

BPI CENTURY TOKYO RENTAL CORP.

8

BPI COMPUTER SYSTEMS CORP.

9

BPI DIRECT BANKO, INC. a SAVINGS BANK

  1. BPI EUROPE PLC
  2. BPI FAMILY SAVINGS BANK, INC.
  3. BPI FOREX CORP.
  4. BPI INT'L FINANCE LIMITED
  5. BPI INVESTMENT & MGT., INC.
  6. BPI PAYMENTS HOLDINGS INC.
  7. BPI PHILAM LIFE ASSURANCE CORPORATION
  8. BPI REMITTANCE CENTRE HK, LTD.
  9. BPI SECURITIES CORP.
  10. BPI/MS INSURANCE CORP.
  11. CITYTRUST REALTY CORP.
  12. FILINVEST ALGO FINANCIAL CORP.
  13. FIRST FAR EAST DEV'T CORP.
  14. GLOBAL PAYMENTS ASIA-PACIFIC PHILIPPINES INC.
  15. SANTIAGO LAND DEV'T CORP.

SUBSIDIARIES,AFFILIATES, ANDTHEIRRESPECTIVEWHOLLYORMAJORITY-OWNEDOR

CONTROLLEDENTITIESIN THEPROCESS OF DISSOLUTION ORLIQUIDATION

(as of July 31 2021)

1 BPI OPERATIONS MGT. CORP.

2 FEB STOCK BROKERS INC.

3 CITYTRUST SECURITIES CORP.

4 FEB SPEED INT'L

BANK OF THE PHILIPPINE ISLANDS

Tower One, Ayala North Exchange 6796 Ayala Avenue corner Salcedo St. Legaspi Village, Makati City 1226

Tel: (632) 818 5541 to 48 Phone Banking: +632 89-100 www.bpi.com.ph

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BPI - Bank of the Philippine Islands published this content on 20 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2021 07:13:03 UTC.