Shareholding Structure

Ownership Structure
As of March 31, 2021

	Common Shares		Preferred Shares		Voting (Common and Preferred)			Economic (Common and 1/10 Preferred)
		No.	%	No.	%	No.	%	PW Allocated %	No.	%	PW Allocated %
Local	1,569,996,774	76.03%	4,000,000,000	100%	5,569,996,774	91.84%	91.84%	1,969,996,774	79.92%	79.92%
Ayala Corporation*	866,946,195	41.99%	-	-	866,946,195	14.29%	80.25%	866,946,195	35.17%	51.40%
Public/Officers/ Employees	703,050,579	34.05%	-	-	703,050,579	11.59%	11.59%	703,050,579	28.52%	28.52%
Philwater**	-	-	4,000,000,000	100.00%	4,000,000,000	65.95%		400,000,000	16.23%
Foreign	494,842,843	23.97%	-	-	494,842,843	8.16%	8.16%	494,842,843	20.08%	20.08%
PCD Nominee Corporation (Non-Filipino)	493,837,320	23.92%	-	-	493,837,320	8.14%	8.14%	493,837,320	20.04%	20.04%
Public	1,005,523	0.05%	-	-	1,005,523	0.02%	0.02%	1,005,523	0.04%	0.04%
Total	2,064,839,617	100%	4,000,000,000	100%	6,064,839,617	100%	100%	2,464,839,617	100%	100%

* Includes the 22,409,000 indirect shares logded under PCD Nominee Corporation (Filipino).
** Includes nominee shares