Shareholding Structure

Ownership Structure
As of September 30, 2020

	Common Shares		Preferred Shares		Voting (Common and Preferred)			Economic (Common and 1/10 Preferred)
		No.	%	No.	%	No.	%	PW Allocated %	No.	%	PW Allocated %
Local	1,552,995,081	75.21%	4,000,000,000	100%	5,552,995,081	91.56%	91.56%	1,952,995,081	79.23%	79.23%
Ayala Corporation*	866,946,196	41.99%	-	-	866,946,196	14.29%	80.25%	866,946,196	35.17%	51.40%
Public/Officers/ Employees	686,048,885	33.23%	-	-	686,048,885	11.31%	11.31%	686,048,885	27.83%	27.83%
Philwater**	-	-	4,000,000,000	100.00%	4,000,000,000	65.95%		400,000,000	16.23%
Foreign	511,844,536	24.79%	-	-	511,844,536	8.44%	8.44%	511,844,536	20.77%	20.77%
PCD Nominee Corporation (Non-Filipino)	510,674,013	24.73%	-	-	510,674,013	8.42%	8.42%	510,674,013	20.72%	20.72%
Public	1,170,523	0.06%	-	-	1,170,523	0.02%	0.02%	1,170,523	0.05%	0.05%
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