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Investor Presentaiton

Major Milestones 1980 Became the first universal bank in the Philippines 1999 The Lucio Tan Group acquired around 35% of PNB's total outstanding capital stock and joined the Bank's Board of Directors. 2005 Joint sale of Government and Lucio Tan Group shares 2013 Merged with Allied Banking Corporation (ABC) on February 9, 2013 2015 Successfully closed and signed a USD150 million 3-year syndicated term loan facility 2019 PNB You first. PNB inked a Syndicated Loan amounting to USD250M through its Tokyo Branch PNB successfully issued a maiden peso bond offer which reached P13.87 B Establishment of PNB - served as de facto central bank of the Philippines until 1946 1916 Privatization of PNB reduced Government ownership to 45% Lucio Tan Group became the single biggest private stockholder of PNB Full privatization after a Follow-on Equity Offering (89 million primary shares and 71.8 million secondary shares) 1989-96 2000 2007 Completed its stock right offering of common shares raising P11.6 billion in additional capital (P10 billion of which was infused into PNB Savings Bank) 2014 PNB successfully issued USD300 M of 5-Year Fixed Rate Senior Notes out of its USD1 B Medium Term Note Program 2018 PNB listed 276,625,172 common shares from a recently concluded stocks right offering raising P12 B PNB issued US$ 750 M Notes to be drawn down from its recently increased US$ 2 B Medium Term Note 2019 Page 5
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