Via ODiSy March 22, 2012 PHILIPPINE STOCK EXCHANGE ... - BDO

The above compensation includes the usual bonus paid to bank officers. Except for salaries,allowances, retirement benefits provided under the Bank’s retirement plan, and company-widebenefit extended to all qualified employees under the Bank’s stock option plan, there is no separatestock option, stock warrant or other security compensation arrangement between the Bank and itsindividual officers.2) Compensation of Directors and Officers as a Groupin million pesos Year Salary BonusesOther AnnualCompensationAggregate Officers 2012 (estimate) 447.60 242.81 n.a.(from senior vice2011 406.91 220.74 n.a.presidents) &Directors2010 374.16 188.95 n.a.Each director shall receive a reasonable per diem for attendance in every Board meeting.Furthermore, every member of the Board may receive as compensation such amount as may bedetermined by the President. As provided by law, the total compensation of directors shall notexceed ten percent (10%) of the net income before income tax of the Bank during the precedingyear.3) Employment Contracts and Termination of Employment and Change-in-ControlArrangementsThere are no special contracts of employment between the Bank and the named directors andexecutive officers, as well as special compensatory plans or arrangements, including payment tobe received from the Bank with respect to any named director or executive officer.Item 11. Security Ownership of Certain Beneficial Owners and Management1) Security Ownership of Certain Record/Beneficial OwnersAs of 31 December 2011, the following are known to the Bank to be directly or indirectly the recordand/or beneficial owners of more than 5% of the Bank’s voting Securities:Class Name of Beneficial Owner No. of Shares Percentage1 PCD Nominee Corp. (Filipino) 718,702,393 27.56%2 PCD Nominee Corp. (Non-Filipino) 691,357,854 26.51%3 SM Investments Corporation 683,841,602 26.23%4 DBMN OT-024 SM Investments Corporation 208,097,814 7.98%Total 2,301,999,663 88.28%SEC FORM 17-A 68