Rizal Commercial Banking : Clarification of News Reports

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 5, 20222. SEC Identification Number 175143. BIR Tax Identification No. 000-599-760-0004. Exact name of issuer as specified in its charter RIZAL COMMERCIAL BANKING CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 6819 Ayala cor. Gil J. Puyat Ave., Makati City Postal Code07278. Issuer's telephone number, including area code 8894-90009. 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	2,037,478,896

11. Indicate the item numbers reported herein -

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.

Rizal Commercial Banking CorporationRCB PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

News article entitled "RCBC loses in damage suit vs Bangladesh central bank" posted in the BusinessMirror (Online Edition) on August 3, 2022

Source	BusinessMirror (Online Edition)
Subject of News Report	"RCBC loses in damage suit vs Bangladesh central bank"
Date of Publication	Aug 3, 2022

Clarification of News Report

We confirm the Order quoted in the report. This is a case for injunction and damages which the Bank filed against Bangladesh Bank to stop it from performing acts of defamation and harassment against RCBC. The Bank also prayed for Ph100M in damages. Despite its earlier orders declaring that it has jurisdiction, the court decided to dismiss the case on the ground that it has not acquired personal jurisdiction over Bangladesh Bank, a complete departure from its earlier pronouncements. The Bank has already filed a Motion for Reconsideration to question the irregular decision. Accordingly, the Order is not yet final and we are prepared to pursue the same before the appeals court as necessary.

Other Relevant Information

See Attached.

Filed on behalf by:

Name	Ma. Christina Alvarez
Designation	Corporate Planning Head and Corporate Information Officer