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Investor Presentation

March 2013

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Legal Disclaimer

This presentation and the presentation materials distributed herewith include forward-looking statements. All statements, other than statements of historical facts that address activities, events, or developments that BDO Unibank, Inc. (“BDO”) expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forward-looking statements. BDO’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to price fluctuations, actual demand, exchange rate fluctuations, market shares, competition, changes in legal, financial and regulatory frameworks, international economic and financial market conditions, political risks, cost estimates, and other risks and factors beyond our

• control. In addition, BDO makes the forward-looking statements referred to

herein as of today and undertakes no obligation to update these statements.

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Presentation Outline

I. OVERVIEW II. BUSINESS FRANCHISE III. FINANCIAL HIGHLIGHTS IV. OWNERSHIP, BOARD, AND MANAGEMENT

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Background

The Philippines’ largest bank as at December 31, 2012 Part of the SM Group with associated synergies and benefits A full-service universal bank with one of the widest networks One of the country’s strongest Board of Directors in terms of

• Banking experience
• Corporate governance

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Acquired GE Money Bank U/KB license

Milestones

• Est. as Acme

Savings Bank Acquired by SM Group KB license Merged with Dao Heng Bank Philippines Acquired 1st e-Bank business incl. 60 branches Acquired Banco Santander Philippines Acquired UOB Philippines’ branch banking business Merged with Equitable PCI Bank. Acquired Amex Savings Bank Philippines

Source: BDO. BDO Total Assets as at each relevant period or year-end.

Assets P13 BN P36 BN P77 BN P121 BN P149 BN P234 BN P862 BN P1.0 TN Commercial Bank Expansion First and only Philippine bank with P1.0 TRN in assets

1976 1996 1968 1994 2001 2002 2010 2012 2009 2007

P617 BN USD1BN capital raising

Acquired Rural Bank of San Juan

2005 2003

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6 North America - 4 Europe - 3 Middle East - 1 SE Asia, HK & Taiwan - 8 Luzon – 220 Metro Manila – 407 Visayas – 85 Mindanao – 56 Philippines – 768

• 768 Domestic Branches + 26 additional branch licenses*
• 16 International Offices worldwide
• 1,905 ATMs

* 26 additional branch licenses from BDO’s acquisition of the banking business of the Rural Bank of San Juan

Source: BDO as of 21 February 2013

Domestic and International Network

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Presentation Outline

I. OVERVIEW II. BUSINESS FRANCHISE III. FINANCIAL HIGHLIGHTS IV. OWNERSHIP, BOARD, AND MANAGEMENT

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Branch Banking



Deposit and related products



Over-the-counter transactions



Cross-selling distribution platform

Transaction Banking



Cash management services



Electronic banking



ATMs



Prepaid cards



Merchant acquiring



Remittances

Insurance



Brokerage



Bancassurance

Trust Banking



Investment management



Unit investment trust funds



Living trusts



Retirement funds



Special trusts / custodianship

Consumer Lending



Auto



Mortgage



Credit cards



Personal loans

Corporate and Institutional Banking Investment Banking Private Banking Treasury Services Leasing and Finance



Corporate and middle market lending



Trade finance



Specialized lending



Financial Institutions



Cross-border financing



Underwriting and distribution of Fixed income and equity securities



Financial advisory



Project finance



Loan syndication



Wealth advisory



Customized portfolio management



Fixed income dealership



Foreign exchange transactions



Portfolio management



Liquidity management



Direct lease, sale and leaseback arrangements



Installment paper purchases



Receivable discounting and factoring

Full Service Operations

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Market-leading Positions in Almost All Business Lines #1 Loans #1 Deposits #1 Private Banking #1 Remittances #1 Trust & Asset Mgt. Leading Trade Services Provider1 #1 Credit Cards3 #2 Leasing & Finance #1 Investment Banking4 Major Player in Cash Management2 #4 Insurance Brokerage5 (#1 Local)

Business Franchise

Notes: 1 According to The Asian Banker, Global Finance, The Asset, & Trade Finance Magazine 2 According to The Asset 3 In terms of cardholder base & merchant acquiring gross billings 4 In terms of corporate issuances 5 Among insurance brokers in terms of premiums produced

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743 420 196 134 109 108 103 90 58 817

BPI MBT SChart China RCBC UCPB HSBC LBP SECB

531 518 254 193 185 131 117 111 94 767

BPI MBT LBP China RCBC PNB SECB DBP Citi

804 739 544 272 249 241 190 177 146 930

BPI MBT LBP China RCBC PNB UBP DBP Citi 1,038 976 583 369 362 327 322 259 238 1,250

MBT BPI LBP RCBC DBP PNB China SECB Citi

No.1

by Customer Deposits

No.1

by Total Assets

BDO Market Share – 16%

4Q 2012 Industry Rankings

No.1

by Gross Customer Loans*

No.1

by Assets Under Management

(in PHP billions)

BDO Market Share – 22%

(in PHP billions)

BDO Market Share – 17%

(in PHP billions)

BDO Market Share – 26%

(in PHP billions)

Source: Company data, consolidated statements of condition (SOC). Ranking as at December 31, 2012 Note: Financials prepared by banks under BSP’s SOC requirements differ slightly from reported financials under SEC guidelines due to certain differences in accounting rules requested by the two authorities * Gross customer loans outstanding as at December 31, 2012 are BDO estimates

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Presentation Outline

I. OVERVIEW II. BUSINESS FRANCHISE III. FINANCIAL HIGHLIGHTS IV. OWNERSHIP, BOARD, AND MANAGEMENT

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2012 P & L

(P bn) 2012 2011 YoY % Interest Income 54.0 50.5 7% Interest Expense 17.8 16.7 7% Net Interest Income 36.2 33.8 7% Non-Interest Income 24.6 20.9 18% Fee Income 13.4 12.3 10% Trading & FX 8.4 5.6 50% Others 2.8 3.0

• 9%

Gross Operating Income 60.8 54.7 11% Operating Expenses 40.1 36.3 10% Pre-Provision Op. Profit 20.8 18.4 13% Provisions 4.9 6.1

• 20%

Taxes 1.5 1.6

• 9%

Net Income 14.3 10.5 36%

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2012 Balance Sheet

(P bn) 2012 2011 YoY % Resources Reserve Assets 201.2 203.5

• 1%

Investment Securities 237.3 188.4 26% Gross Customer Loans 769.0 670.1 15% Investment Properties-net 9.1 10.1

• 10%

Other Assets 27.8 25.1 11% Total Resources 1,244.4 1,097.3 13% Liabilities and Capital Liabilities Deposits 931.6 858.6 9% Bills Payable/Sub-Notes 100.4 97.7 3% Other Liabilities 55.2 44.1 25% Total Liabilities 1,087.2 1,000.4 9% Total Capital 157.3 97.0 62% Total Liabilities & Capital 1,244.4 1,097.3 13%

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197 156 172 165 188 237

• 8%
• 5%

10% 15%

• 4%

26% 100 120 140 160 180 200 220 240 2007 2008 2009 2010 2011 2012 (P bn)

• 65%
• 55%
• 45%
• 35%
• 25%
• 15%
• 5%

5% 15% 25% Investment Securities % Growth

Key Growth Indicators

769 541 393 473 297 670 15% 15% 32% 20% 15% 24% 100 200 300 400 500 600 700 800 900 1,000 2007 2008 2009 2010 2011 2012 (P bn)

• 90%
• 75%
• 60%
• 45%
• 30%
• 15%

0% 15% 30% 45% Gross Loans % Growth

Gross Customer Loans Investment Securities Deposits

13 10 9 10 10 12 10% 22%

• 11%

12% 9% 18% 2 3 5 6 8 9 11 12 14 15 17 2007 2008 2009 2010 2011 2012 (P bn)

• 60%
• 50%
• 40%
• 30%
• 20%
• 10%

0% 10% 20% Fee-Based Income % Growth

Fee-based Income

932 859 445 783 637 695 9%

• 5%

43% 9% 13% 10% 100 250 400 550 700 850 1,000 1,150 2007 2008 2009 2010 2011 2012 (P bn)

• 120%
• 100%
• 80%
• 60%
• 40%
• 20%

0% 20% 40% Total Deposits % Growth

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Net Income, 2007- 2012

Integration Reengineering/ Re-scaling of Operations

Global Financial Crisis

14.3 10.5 8.8 6.0 6.5 2.2

2 3 5 6 8 9 11 12 14 2007 2008 2009 2010 2011 2012 (P bn)

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Capital Adequacy Ratio

Note: CAR per Bangko Sentral ng Pilipinas series

9.0% 8.3% 10.0% 15.2% 4.5% 4.1% 5.6% 3.9% 9.9% 10.0% 4.6% 4.0% 0% 2% 3% 5% 6% 8% 9% 11% 12% 14% 15% 17% 18% 20% 2007 2008 2009 2010 2011 2012

Tier 2 Tier 1 14.5%0

113.5%0 112.4% 14.0%0 1 15.6%0 1 19.1%0

Total CAR

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Presentation Outline

I. OVERVIEW II. BUSINESS FRANCHISE III. FINANCIAL HIGHLIGHTS IV. OWNERSHIP, BOARD, AND MANAGEMENT

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Shareholder Structure

Source: Top 100 Shareholders as of 31 Dec 2012

SM Investments Corp. 40.9% PCD Nominee Corp. (Non-Filipino) 27.9% PCD Nominee Corp. (Filipino) 13.4% Multi-Realty Development Corporation 8.8% Sybase Equity Investments Corporation 5.1% Sub-Total, Top Shareholders 96.1% Top Shareholders as of 31 Dec 2012

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Malls Financial Services Property Hotels & Conven- tions Retail

Access to SM’s customer network

• 13,960 tenants
• 5,000 suppliers
• 3.5 million average daily foot

traffic

• In-house business
• Home mortgage financing

for SM property projects

New business opportunity

• Goodwill from the SM

franchise

• Joint product development

SM expertise

• Middle market knowledge
• Expertise in retail market

and real estate

Branch locations

• Branches, ATMs in SM malls
• Dominant domestic mall

developer/operator

• 46 malls with GFA of 5.6 mn

sq.m.

• Leading residential

condominium developer in Metro Manila in terms of units sold

• Among the fastest growing

commercial, resorts and hotel developers in the Philippines

• Largest local retail chain
• 202 stores nationwide
• Biggest domestic banking
• perations
• Interests in BDO and China

Bank

SM Group Profile and Associated Synergies

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• 6 directors out of 11 have over 100 years’ combined experience from both

local and foreign banking institutions

• 2 directors are successful businessmen who have made their mark in the

fields of retailing, real estate, and commercial operations

• 1 director is a former member of the BSP’s Monetary Board
• 1 director is a former Regional VP for IFC Operations in East Asia & the

Pacific, South Asia, Latin America and the Caribbean, Middle East, and North Africa, and currently representing the IFC.

One of the strongest Board of Directors in the industry with extensive banking and related experience.

Successful Entrepreneurs Experienced Bankers Ex-Monetary Board Member Ex-World Bank/IFC Senor Official

• 1 director, a Harvard law graduate, is a practicing attorney who heads

a law firm Practicing Lawyer

Board of Directors

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Jesus A. Jacinto Jr. Vice Chairman — first appointed to the Board in 1996  Chairman and President of BDO Insurance Brokers  Chairman and President of Jaces Corp.  MBA Columbia University Teresita T. Sy Chairperson — first appointed to the Board in 1977  Serves as Director in multiple subsidiaries of BDO  Vice Chairperson of SMIC and Director of other SM Group companies, including Multi-Reality Dev. Corp. Farida Khambata Director — first appointed to the Board in 2010  Partner of Cartica Management L.P.  Former Director of IFC’s Treasury Department  Executive Dev. Program Wharton Business School Cheo Chai Hong Director — first appointed to the Board in 2010  Director of UOB (Philippines), UOB Global Capital Private, UOB (Thai) and Encus International  Head of Corporate Planning and International of UOB Group Teodoro B. Montecillo Independent Director — first appointed to the Board in 2004  Independent Director of Citibank Savings  Member of BSP’s Monetary Board from 1996 to 2002  MBA Northwestern University Antonio C. Pacis Director — first appointed to the Board in 2004  Director of BDO Capital  Corporate lawyer since 1967  Degree from Harvard Law School Henry T. Sy Senior Chairman Emeritus — first appointed to the Board in 1976  Founder and Chairman of the SM Group of Companies  Started his entrepreneurship career in 1958  Chairman of SMIC, SM Prime Holdings and SM Dev. Corp. Josefina N. Tan Director — first appointed to the Board in 2007  President of BDO Private Bank  Former Director of EPCIB from 2005 to 2007  Former Director of Banco de Oro from 2001 to 2005 Nestor V. Tan President — first appointed to the Board in 1998  Holds Directorships of numerous BDO subsidiaries  Director of the Bankers Association of the Philippines  MBA Wharton School Henry T. Sy Jr. Director — first appointed to the Board in 2007  Vice Chairman of SMIC and of SM Dev. Corp.  President of National Grid Corporation of the Philippines  Director in several companies within SM Group Jones M. Castro Jr. Independent Director — first appointed to the Board in 2012  Served as Head for South Asia and SEA at Wells Fargo Bank  MBA Stanford University Jimmy T. Tang Independent Director — first appointed to the Board in 1984  Serves as Independent Director since 2002  Previously served as Director since 1984  Chairman and President of AVESCO Group of Companies

Board of Directors

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Arthur L. Tan Head — IT Operations  With BDO since 2002  15-year banking experience

Nestor V. Tan President

 With BDO since 1997  30-year banking experience

Ador A. Abrogena Head — Trust and Investments  With BDO since 1990  34-year banking experience Emmanuel T. Narciso SVP — Transaction Banking  With BDO since 2011  28-year banking experience

Services Corporate Support

Dennis B. Velasquez Head — Central Operations  With BDO since 1995  31-year banking experience Evelyn L. Villanueva Head — Risk Management  With BDO since 2002  31-year banking experience Evelyn C. Salagubang Head — Human Resources  With BDO since 2007  18-year experience in HR Luis S. Reyes Jr. Head — IR & Corplan  With BDO since 2003  30-year banking experience Rafael G. Besa Head — Marketing  With BDO since 2007  7-year banking experience Ricardo V. Martin Head — Compliance & Legal  With BDO since 2001  31-year banking experience Lucy Co Dy Head — Comptrollership  With BDO since 1985  35-year banking experience

Intermediation

Walter C. Wassmer Head — Business Lending  With BDO since 1997  31-year banking experience Rolando C. Tanchanco Head — Consumer Lending  With BDO since 2004  23-year banking experience Jaime C. Yu Head — Branch Banking  With BDO since 1997  29-year banking experience Pedro M. Florescio III Head — Treasury  With BDO since 2001  27-year banking experience Jonathan C. Diokno Head — Remittance Origination  With BDO since 2001  18-year banking experience Josefina N. Tan Head — Private Banking  With BDO since 2003  36-year banking experience Eduardo V. Francisco Head — Investment Banking  With BDO since 1999  25-year banking experience Georgiana A. Gamboa Head — Leasing & Finance  With BDO since 2010  32-year banking experience Evylene C. Sison Head — Asset Management  With BDO since 2010  21-year banking experience Maria Theresa L. Tan General Manager — BDO Insurance  With BDO since 2009  20-year banking and insurance experience Geneva T. Gloria Head — Remittance Distribution  With BDO since 2003  24-year banking experience

BDO Management Team

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Thank you. www.bdo.com.ph

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APPENDIX

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BDO Income Statement

(P bn) 2009 2010 2011 2012 Interest Income 48.8 49.9 50.5 54.0 Interest Expense 18.3 15.8 16.7 17.8 Net Interest Income 30.6 34.2 33.8 36.2 Non-Interest Income 15.5 17.8 20.9 24.6 Fee Income 9.6 10.4 12.3 13.4 Trading & FX 3.6 5.8 5.6 8.4 Others 2.3 1.6 3.0 2.8 Gross Operating Income 46.0 52.0 54.7 60.8 Operating Expenses 32.1 34.8 36.3 40.1 Pre-Provision Op. Profit 13.9 17.2 18.4 20.8 Provisions 6.2 6.7 6.1 4.9 Taxes 1.7 1.6 1.6 1.5 Net Income 6.0 8.8 10.5 14.3

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BDO Balance Sheet

(P bn)

2009 2010 2011 2012 Resources Reserve Assets 176.6 229.6 203.5 201.2 Investment Securities 171.7 197.3 188.4 237.3 Gross Customer Loans 472.7 541.5 670.1 769.0 Investment Properties-net 13.8 12.0 10.1 9.1 Other Assets 27.2 20.5 25.1 27.8 Total Resources 862.0 1,000.9 1,097.3 1,244.4 Liabilities and Capital Liabilities Deposits 694.7 782.6 858.6 931.6 Bills Payable/Sub-Notes 54.6 89.0 97.7 100.4 Other Liabilities 44.9 40.5 44.1 55.2 Total Liabilities 794.2 912.1 1,000.4 1087.2 Total Capital 67.9 88.7 97.0 157.3 Total Liabilities & Capital 862.0 1,000.9 1,097.3 1,244.4