Philippine National Bank : Change in Directors and/or Officers (Resignation, Removal or Appointment, Election and/or Promotion)

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 ASO96-0055553. BIR Tax Identification No. 000-188-209-0004. Exact name of issuer as specified in its charter Philippine National Bank5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office PNB Financial Center, Pres. Diosdado Macapagal Blvd., Pasay City, Metro ManilaPostal Code13008. Issuer's telephone number, including area code (632) 8526-3131 to 70/(632) 8891-6040 to 709. Former name or former address, if changed since last report Not Applicable10. 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 4

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 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Appointment of Senior Officer

Background/Description of the Disclosure

On August 12, 2022, the PNB Board of Directors approved the appointment of Mr. Jose German M. Licup, FSVP, as Officer-in-Charge of PNB-Mizuho Leasing and Finance Corporation and PNB-Mizuho Equipment Rentals Corporation (collectively, "PMLFC"), effective August 12, 2022 until termination of the winding down process of PMLFC. Mr. Licup is currently the Chief of Staff to the President and CEO of the Bank. He is a seasoned lawyer and compliance professional, with more than 29 years of experience advising in litigation, banking, securities and corporate law, international financial transactions, debt capital markets, financial derivatives, and regulatory compliance and financial crime risk management. His work experience includes attachments to HSBC offices in the U.S., Singapore, and Australia. As Chief of Staff, he provides leadership to cross-functional teams in PNB to successfully achieve the delivery of key projects of the President and CEO, and is responsible for coordinating the President and CEO's key priorities to ensure that all concerns of the Bank's stakeholders are adequately and seasonably identified and addressed. Prior to joining PNB, he was the Country General Counsel of HSBC Philippines. Mr. Licup obtained his Bachelor of Arts and Bachelor of Laws degrees from the University of the Philippines. We trust you will take note accordingly. Thank you.

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
N.A.	N.A.	N.A.	N.A.

Election or Appointment

Name of Person	Position/Designation	Date of Appointment/Election (mmm/dd/yyyy)	Effective Date of Appointment Election (mmm/dd/yyyy)	Shareholdings in the Listed Company	Nature of Indirect Ownership
Direct	Indirect
Jose German M. Licup	Officer-in-Charge of PNB-Mizuho Leasing and Finance Corporation and PNB-Mizuho Equipment Rentals Corporation	Aug/12/2022	Aug/12/2022	0	0	N.A.

Promotion or Change in Designation

Name of Person	Position/Designation	Date of Approval (mmm/dd/yyyy)	Effective Date of Change (mmm/dd/yyyy)	Shareholdings in the Listed Company	Nature of Indirect Ownership
From	To	Direct	Indirect
N.A.	N.A.	N.A.	N.A.	N.A.	0	0	N.A.

Other Relevant Information

The disclosure was amended to delete the statement regarding Mr. Licup's position in the Association of Bank Compliance Officers (ABCOMP).

Filed on behalf by:

Name	Ruth Pamela Tanghal
Designation	Corporate Secretary