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Investor Presentaiton

PNB Subsidiaries and Affiliates Philippine National Bank Affiliate: Allianz PNB Life Insurance Inc. 44% Domestic PNB Capital and Investment Corp. 100% PNB Holdings Corp. 100% PNB General Insurers Overseas PNB Intl. Investment Corp. 100% PNB Remittance Centers Inc. 100% PNB RCI Holding Co. Ltd. 100% PNB Remittance Co. Canada Co. Inc 100% 100% PNB Securities Inc. 100% PNB-IBJL Leasing and PNB Global Remittance & Fin'l Co. (HK) Ltd. 100% Finance Corp. 75% PNB-IBJL Eqpt Rentals Corp. 75% *Last March 1, 2020, PNB integrated its wholly-owned thrift bank subsidiary, PNB Savings Bank (PNBSB), into the Parent Bank through acquisition of its assets and assumption of its liabilities in exchange for cash. PNB Europe PLC 100% Allied Banking Corp. (HK) Ltd. 51% Allied Commercial Bank (Xiamen) 99.04% PNB You first. Page 6
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