Shareholding Structure

Ownership Structure
As of December 31, 2020

	Common Shares		Preferred Shares		Voting (Common and Preferred)			Economic (Common and 1/10 Preferred)
		No.	%	No.	%	No.	%	PW Allocated %	No.	%	PW Allocated %
Local	1,557,046,312	75.41%	4,000,000,000	100%	5,557,046,312	91.63%	91.63%	1,957,046,312	79.40%	79.40%
Ayala Corporation*	866,946,196	41.99%	-	-	866,946,196	14.29%	80.25%	866,946,196	35.17%	51.40%
Public/Officers/ Employees	690,100,116	33.42%	-	-	690,100,116	11.38%	11.38%	690,100,116	28.00%	28.00%
Philwater**	-	-	4,000,000,000	100.00%	4,000,000,000	65.95%		400,000,000	16.23%
Foreign	507,793,305	24.59%	-	-	507,793,305	8.37%	8.37%	507,793,305	20.60%	20.60%
PCD Nominee Corporation (Non-Filipino)	506,787,782	24.54%	-	-	506,787,782	8.36%	8.36%	506,787,782	20.56%	20.56%
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