Philippine Business Bank, Inc. at its Organizational Meeting of the Board of Directors held on July 27, 2022 announced board changes. List of Committees and Membership: Name of Committee: Executive Committee. Members: Jeffrey S. Yao, Chairman, Rolando R. Avante, Member and Honorio O. Reyes-Lao, Member.

Name of Committee: Audit Committee. Members: Benel D. Lagua, Chairman, Roberto C. Uyquiengco, Member, Asterio L. Favis, Jr., Member and Benjamin R. Sta. Catalina, Jr., Member.

Name of Committee: Risk Oversight Committee. Members: Narciso DL. Eraña, Chairman, Asterio L. Favis, Jr., Member, Benel D. Lagua, Member, Roberto C. Uyquiengco, Member, Roberto A. Atendido, Member, Benjamin R. Sta.

Catalina, Jr., Member and Honorio O. Reyes-Lao, Member. Name of Committee: Corporate Governance/Nomination Committee. Members: Roberto C. Uyquiengco, Chairman, Benel D. Lagua, Jr., Member, Narciso DL.

Eraña, Member, Diosdado M. Peralta, Member and Roberto A. Atendido, Member. Name of Committee: Related Party Transactions Committee. Members: Asterio L. Favis, Jr., Chairman, Narciso DL.

Eraña, Member, Diosdado M. Peralta, Member and Benjamin R. Sta. Catalina, Jr., Member. Name of Committee: Trust Committee.

Members: Roberto A. Atendido, Chairman, Rolando R. Avante, Member, Narciso DL. Eraña, Member, Dra. Leticia M. Yao, Member and Angelo Miguel M. Calabio, Member.