Investor Presentation Presentation Outline I. Overview II. - - PowerPoint PPT Presentation

February 2018

Investor Presentation

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Presentation Outline

I. Overview II. Financial Highlights III. Ownership, Board and Management IV. Environmental, Social and Governance V. Awards and Citations

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• The Philippines’ largest bank with total

assets of P2.62 Tn (USD51.30 Bn).

• A full-service universal bank with one of

the widest distribution networks consisting of 1,184 operating branches and over 4,000 ATMs nationwide.

• Part of the SM Group, one of the

country’s largest conglomerates.

About BDO

Milestones

• Expansion through organic growth and M&As

1967

KB license

1994

P77 BN

Merged with Dao Heng Bank Philippines

2001

P36 BN U/KB license

1996

Acquired 1st e-Bank’s banking business

P121 BN

2002

Acquired UOB Philippines’ branch banking business

P234 BN

2005

Acquired GE Money Bank

2008 2009

P862 BN

2012

Acquired Rural Bank of San Juan’s banking business

P1.2 TN

2014

Acquired Citibank Savings, DB Trust and Real Bank

P1.9 TN

Acquired One Network Bank

2015

Acquired by SM Group

1976

Assets P13 BN P617 BN

2007

Merged with Equitable PCI Bank. Acquired Amex Savings Bank Philippines

2016

Joint Ventures with Nomura Securities, and Mitsubishi Motors Phils./Sojitz/JACCS; Acquired exclusive franchise of Diners Club Int’l and full control of Generali Pilipinas Life (renamed as BDO Life Assurance)

P2 TN

• Est. as

Acme Savings Bank

2003

Acquired Banco Santander Philippines

P149 BN P2.3 TN P802 BN Full-Service Bank Strategy Niche Strategy #19 #17 #13 #9 #9 #5 #2 #1 Ranking Commercial Bank Expansion

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Market Reach

• Wide and extensive coverage in key areas

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International Offices

Europe - 12

11 Remittance Offices 1 Representative Office

Middle East - 1

Representative Office

Asia - 11

1 Full-service Branch 6 Remittance Offices 4 Representative Offices

North America - 3

Remittance Offices

Philippines - 1,184 Branches

BDO ONB Total Luzon 328 7 335 Metro Manila 534 1 535 Visayas 115 17 132 Mindanao 80 102 182 Total Branches 1,057 127 1,184

As of 29 Jan 2018

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Business Franchise

#1 Customer Loans #1 Deposits #1 Remittances #1 Assets Under Management #1 Private Banking Leading Trade Services Provider2 Major Player in Cash Management3 #1 Rural Banking #2 Leasing & Finance #1 Investment Banking4 #1 Insurance Brokerage5

• Market-leading positions in almost all business lines

#1 Credit Cards1

Notes: 1 In terms of cardholder base, merchant acquiring gross billings, and credit card receivables 2 According to The Asset, & Asian Banking and Finance 3 According to The Asian Banker, Asian Banking and Finance, Alpha South East Asia 4 In terms of corporate issuances 5 Among insurance brokers in terms of premiums produced and commissions earned

1,034 596 454 206 114 90 90 89 83 49

BPI MBT LBP CHIB RCBC PNB SCB UCPB SECB

2,090 1,506 1,475 1,306 612 578 438 431 375 368

BPI MBT LBP PNB CHIB UBP SECB RCBC DBP

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Industry Ranking

Total Assets

(in PHP billions) Source: Company data, consolidated statements of condition (SOC). Ranking as at 30 September 2017 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 Customer Deposits Assets Under Management

• No. 1 among Philippine banks

(in PHP billions) (in PHP billions) (in PHP billions)

BDO Market Share – 19% BDO Market Share – 34% BDO Market Share – 22% BDO Market Share – 18% 2,593 1,988 1,794 1,481 807 795 688 560 547 526

MBT BPI LBP PNB SECB CHIB DBP UBP RCBC

1,661 1,151 1,139 531 460 434 368 337 257 212

MBT BPI LBP PNB CHIB SECB RCBC UBP EW

BDO Private Bank,

• Inc. 100%

BDO Capital & Investment Corporation 99.88% BDO Leasing and Finance, Inc. BDO - 87.43%, BDO Capital – 1.11% One Network Bank,

• Inc. (A Rural Bank)

99.79% BDO Remit (USA),

• Inc. 100%

BDO Remit (Japan) Ltd. 100% BDORO Europe Ltd. 100% BDO Remit (Canada) Ltd. 100% Express Padala (HK) Ltd. 100% (c) BDO Remit(Italia) S.p.A. 100% (a) BDO Remit Limited 100% (c) BDO Remit (Macau)Limited 100% BDO Remit Int’l Holdings B.V. 96.32% Averon Holdings, Inc. 100% BDO Rental,

• Inc. 100%

MMPC Auto Financial Services Corp. 40%

BANKING / FINANCE

BDO Unibank, Inc.

Armstrong Securities 80% (b)

REMITTANCES INSURANCE PROPERTY

BDO Nomura Securities, Inc. 51% BDO Strategic Holdings, Inc. 100% BDO Insurance Brokers, Inc. 100% BDO Life Assurance Company (formerly Generali Pilipinas Life Assurance Co.) BDO-97.0%, BDO Capital-3.0% PCI Insurance Brokers, Inc. 100% (a) Equimark-NFC Development Corp. 60% SM Keppel Land, Inc. 50% Northpine Land, Inc. 20% Taal Land, Inc. 33.33% (b) Unicorn First Properties, Inc. 35% (a)

OTHERS

NLEX Corp. (formerly Manila North Tollways Corp.) 12.4% Venture Industry for Business Enterprises 24% (a)

• With equity investments in allied and non-allied enterprises

Organizational Structure

** not yet operational. (a) For dissolution (b) For sale (c) For merger BDO Securities Corporation 100% BDO Remit (UK) Ltd. (formerly CBN London Ltd.) 100% CBN Greece S.A. 99.92% (a) BDO Remit (Ireland) Designated Activity Company. 100% CBN Remittance Center S.A. 99.99% Stockholders of BDO Financial Allied Subsidiary Financial Allied Affiliate Non-Financial Allied Subsidiary Non-Allied Undertaking Subsidiary/Affiliates of BDO Subsidiaries Non-Financial Allied Affiliate

The Banker Top 1000 World Banks – Tier 1 Capital 2016

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USD Million 263 Rank Origin Bank 267 264 266 269 270 271 272 265 268

The Banker Top Philippine Banks – Tier 1 Capital 2016

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USD Million Bank 1 Rank 2

3

4 5 6 7 8

Acronyms: BDO BDO Unibank PNB Philippine National Bank MBT Metropolitan Bank& Trust LBP Land Bank of the Philippines BPI Bank of the Philippine Islands CHIB China Banking Corp. SECB Security Bank Corp. RCBC Rizal Commercial Banking Corp.

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Credit Ratings

Moody’s Fitch Capital Intelligence 27-Dec-2017 26-Jan-2018 24-Aug-2017 Foreign Currency Bank Deposits/Issuer/Debt Rating (IDR) Long Term Baa2 BBB- BBB Short Term P-2 F3 A3 Outlook Stable Stable Stable Senior Unsecured debt Long Term Baa2 BBB- Short Term P-2 Outlook Stable BCA/Viability/Financial Strength Rating Baseline Credit Assessment (BCA) baa2 Adjusted BCA Rating baa2 Viability Rating bbb- Financial Strength Rating BBB Outlook Stable Counterparty Risk (CR) Assessment Long Term Baa1(cr) Short Term P-2 (cr)

Source: Moody’s, Fitch and Capital Intelligence

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Trading Fact Sheet

Stock Details Type Common Shares Stock Ticker BDO ISIN PHY077751022 Exchange Philippine Stock Exchange Par Value P10.00 Outstanding No. of Shares* 4,369,105,359 Foreign Ownership Up to 40% American Depositary Receipts (ADR) Program Details Type Sponsored Level 1 ADR ADR Ticker BDOUY ISIN US05537Y305 Ratio 1 ADR = 10 Ordinary Shares Depositary Bank Deutsche Bank Trust Company Americas Contact Details ADR Broker Helpline Tel (New York) + 1 212 250 9100 Tel (London) + 44 207 547 6500 Email adr@db.com ADR website www.adr.db.com Depositary Bank's Local Custodian Deutsche Bank AG, Manila

*As of January 28, 2018

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Presentation Outline

I. Overview II. Financial Highlights III. Ownership, Board and Management IV. Environmental, Social and Governance V. Awards and Citations

3Q17 vs. 2Q17 P&L

(in PHP billion) 3Q17 2Q17 QoQ% Interest Income 25.8 24.4 6% Loans & Other Receivables 22.8 21.5 6% Interest Expense 4.7 4.2 10% Net Interest Income 21.2 20.2 5% Non-interest Income 11.6 11.8

• 2%

Fee Income 6.9 7.1

• 3%

Insurance Premiums 2.6 2.4 11% Trading & FX 0.8 1.2

• 33%

Others 1.3 1.2 7% Gross Operating Income 32.7 32.0 2% Operating Expense 21.7 21.0 3% Insurance benefits and claims 1.9 1.9

• 2%

Pre-Provision Operating Profit 11.0 11.0 1% Provisions 1.5 1.5 0% Net Income before Tax 9.5 9.5 1% Taxes 2.4 2.0 21% Net Income 7.1 7.4

• 5%

BDO Conso 14

3Q17 Balance Sheet

(in PHP billion) 3Q17 3Q16 YoY% Resources Reserve Assets 561.3 460.1 22% Investment Securities 330.8 278.3 19% Gross Customer Loans 1,669.8 1,412.1 18% Investment Properties 15.5 15.2 2% Other Assets 42.5 42.2 1% Total Resources 2,619.9 2,207.9 19% Liabilities Deposits 2,090.4 1,816.5 15% CASA 1,523.7 1,272.4 20% Bills Payable/Sub-Debt 133.7 88.2 52% Insurance Contract Liab. 25.7 19.2 33% Other Liabilities 75.4 68.6 10% Total Liabilities 2,325.2 1,992.4 17% Total Capital 294.7 215.4 37% Total Liabilities & Capital 2,619.9 2,207.9 19% BDO Conso 15

16 BDO Loan Growth vs. Industry BDO Loan Growth vs. Interest Income

6% 16% 8% 15% 17% 17% 21% 24% 15% 19% 20% 17% 16% 18% 0% 5% 10% 15% 20% 25% 2011 2012 2013 2014 2015 2016 9M17

Interest Income from Loans Only Loan Growth

19% 16% 16% 20% 14% 17% 21% 24% 15% 19% 20% 17% 16% 18% 0% 5% 10% 15% 20% 25% 2011 2012 2013 2014 2015 2016 3Q17

Industry BDO

*Ratio for interim annualized

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Capital Adequacy Ratio BDO 3Q17

CAR

Net Income & ROE

ROCE

• Min. w/ BSP DSIB

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Income Statement

(in PHP billion) 2011 2012 2013 2014 2015 2016 9M17 Interest Income 50.5 54.0 56.6 63.6 72.1 82.0 72.8 Interest Expense 16.9 17.9 13.4 12.4 15.2 16.4 13.1 Net Interest Income 33.6 36.1 43.2 51.2 57.0 65.6 59.8 Non-interest Income 20.9 24.4 31.8 29.5 31.9 41.6 34.8 Fee Income 12.3 13.4 15.5 18.0 19.4 22.2 20.8 Insurance Premiums

• 8.1

7.2 Trading & FX 5.6 8.2 12.8 7.1 7.2 4.8 3.3 Others 3.0 2.8 3.6 4.4 5.4 6.5 3.5 Gross Operating Income 54.5 60.5 75.0 80.7 88.9 107.2 94.6 Operating Expenses 35.8 39.5 43.3 48.5 55.1 70.1 63.6 Policy Reserves, Insurance Benefits, and Claims

• 5.9

5.8 Pre-Provision Operating Profit 18.7 21.1 31.8 32.2 33.8 37.1 31.0 Provisions 6.1 4.9 7.0 5.1 3.0 3.8 4.4 Income bef. Pre-Acquisition 12.6 16.1 24.8 27.1 30.8 33.3 26.6 Pre-Acquisition Income

• (0.4)
• Taxes

1.7 1.6 2.1 4.2 5.7 6.8 6.2 Net Income 10.8 14.5 22.6 22.8 25.0 26.1 20.4

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Balance Sheet

(in PHP billion) 2011 2012 2013 2014 2015 2016 3Q17 Resources Reserve Assets 203.5 201.4 491.5 488.4 461.7 510.8 561.3 Investment Securities 188.4 237.3 227.9 221.5 225.8 269.0 330.8 Gross Customer Loans 670.1 769.0 911.5 1,089.4 1,279.4 1,482.0 1,669.8 Investment Properties 10.1 9.1 10.4 13.9 14.6 15.2 15.5 Other Assets 22.0 24.8 31.5 50.5 49.9 47.9 42.5 Total Resources 1,094.2 1,241.5 1,672.8 1,863.6 2,031.3 2,325.0 2,619.9 Liabilities Deposits 858.6 931.6 1,345.3 1,492.3 1,663.9 1,905.2 2,090.4 Bills Payable/Sub-debt 97.7 100.4 97.3 110.4 107.6 110.6 133.7 Insurance Contract Liab.

• 20.5

25.7 Other Liabilities 44.1 55.2 65.8 81.3 60.2 71.1 75.4 Total Liabilities 1,000.4 1,087.2 1,508.4 1,684.0 1,831.6 2,107.4 2,325.2 Total Capital 93.8 154.4 164.4 179.7 199.6 217.5 294.7 Total Liabilities & Capital 1,094.2 1,241.5 1,672.8 1,863.6 2,031.3 2,325.0 2,619.9

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1 Per SOC, BSP

*Annualized

Financial Performance Indicators

2011 2012 2013 2014 2015 2016 9M17 Profitability Return on Ave. Common Equity 12.4% 12.0% 14.3% 13.6% 13.6% 12.6% 10.1% Return on Average Assets 1.0% 1.3% 1.6% 1.3% 1.3% 1.2% 1.1% Margins and Liquidity Net Interest Margin (NIM) 3.6% 3.4% 3.3% 3.2% 3.2% 3.2% 3.4% Loan to Deposit Ratio 78.1% 82.5% 67.8% 73.0% 76.9% 77.8% 79.9% Liquid Assets to Total Assets 35.8% 35.3% 43.0% 38.0% 33.8% 33.5% 34.1% Cost Efficiency Cost to Income Ratio 65.6% 65.2% 57.7% 60.1% 62.0% 65.4% 67.2% Cost to Assets Ratio 3.4% 3.4% 3.0% 2.7% 2.8% 3.2% 3.4% Asset Quality NPL Ratio 3.4% 2.8% 1.6% 1.3% 1.2% 1.3% 1.3% NPL Cover 106.0% 125.7% 170.7% 188.4% 166.1% 139.3% 136.0% Capital1 CET1 12.0% 11.3% 10.6% 13.4% Tier 1 Ratio 10.0% 15.2% 14.3% 12.4% 11.7% 10.9% 13.7% Capital Adequacy Ratio 15.6% 19.1% 15.4% 14.5% 13.3% 12.3% 15.1% Basel II Basel III

* * * *

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Presentation Outline

I. Overview II. Financial Highlights III. Ownership, Board and Management IV. Environmental, Social and Governance V. Awards and Citations

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Shareholder Structure

• Majority owned by the SM Group

As of 30 September 2017 Name Nationality Shareholdings Percentage

• f

Ownership SM Investments Corp. Filipino 1,750,930,649 40.08% PCD Nominee Foreign 1,391,104,570 31.84% PCD Nominee Filipino 731,500,472 16.74% Multi-Realty Development Corporation Shoemart, Inc. Filipino Filipino 282,890,230 90,024,395 6.47% 2.06% Sub-Total, Top Shareholders 97.20% Total Shares Outstanding* 4,368,974,554

Source: Top 100 Shareholders as of 30 September 2017 *Number of chares outstanding subsequently increased to 4,369,105,359 as of January 28, 2018 due to the purchase of additional common shares by the Bank’s eligible senior officers pursuant to the Banks employee stock option/grant program and issuance of additional shares as a result of the recently concluded stock rights offer.

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Financial Services Property Retail

Access to SM’s customer network

• Over 16,000 PHL tenants
• More than 9,500 suppliers
• 3.5 million average daily foot

traffic

• In-house business
• Home mortgage financing

for SM property projects

New business

• pportunity
• 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
• One of the largest integrated

property developer in Southeast Asia by market capitalization

• Dominant domestic mall

developer/operator - 67 malls with GFA of 8.0 mn sq m

• Largest local retail chain with 648

stores nationwide

• Increased presence in

discretionary retail with 1,709

• utlets
• Biggest domestic banking
• perations
• Interests in BDO and China Bank

The SM Group

• Harnessing synergies with the country’s largest conglomerate

• 7 directors out of 11 have an average of 35 years of banking

experience, including a former Partner and Head of Asia Financials Research at Goldman Sachs

• 2 directors are practicing attorneys, and another one is a

Philippine bar topnotcher and member of the State Bar of New York

• One of the strongest Board of Directors in the industry with extensive

banking and finance, legal and business background

Experienced Bankers Practicing Lawyers

• 1 director is a successful businessman who has made his

mark in the field of retailing Successful Entrepreneur

Board of Directors

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Board of Directors

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. 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. Antonio C. Pacis Director — first appointed to the Board in 2004  Director of BDO Capital  Corporate lawyer since 1967  Degree from Harvard Law School 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 and CEO — first appointed to the Board in 1998  Holds Directorships of numerous BDO subsidiaries  Director of the Bankers Association of the Philippines  MBA Wharton School Dioscoro--Roy I. Ramos Independent Director — first appointed to the Board in 2016  CIO of RY&S Investments Ltd., Hong Kong since 2011  Former Partner and Head of Asia Financials Research from 1994 to 2011 at Goldman Sachs 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 Gilberto C. Teodoro Independent Director – first appointed to the Board in 2014  Served as Secretary of National Defense from 2007-2009  Masters of Laws from Harvard Law School  Topnotcher, 1989 Philippine Bar Examinations 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 Jose F. Buenaventura Independent Director — first appointed to the Board in 2013  Senior Partner of Romulo Mabanta Buenaventura Sayoc & De Los Angeles Law Offices since 1976  Master of Laws from Georgetown University Law Center Christopher A. Bell-Knight Director — re-elected to the Board in 2013  Previously served as BDO Director from May 2005 - Sep 2010  Former VP and Country Head of the Bank of Nova Scotia  Associate of the Chartered Institute of Bankers - British

• With broad business and professional experience

Corporate Support

Senior Management Team

• With extensive professional banking expertise

Anthony Chua Head — Global Operations  With BDO since 2014  Over 30 years of banking experience Evelyn C. Salagubang Head — Human Resources  With BDO since 2007  Over 20 years experience in HR Lucy Co Dy Head — Comptrollership  With BDO since 1985  Over 30 years of banking experience Ricardo V. Martin Head — IT Group  With BDO since 2001  Over 30 years of banking experience Edwin Romualdo G. Reyes Head — Transaction Banking  With BDO since 2015  29-year banking experience Evelyn L. Villanueva Head — Risk Management  With BDO since 2002  Over 30 years of banking experience Luis S. Reyes Jr. Head — IR & Corplan  With BDO since 2003  Over 30 years of banking experience

• Atty. Federico P. Tancongco

Head — Compliance  With BDO since 2005  Over 24 years banking experience Alvin C. Go Head — Legal  With BDO since 2013  In the practice of law for 30 years Maria Theresa L. Tan General Manager — BDO Insurance  With BDO since 2009  22-year banking and insurance experience Albert Santiago Yeo Head — Private Banking  With BDO since 2017  32 years banking experience Eduardo V. Francisco Head — Investment Banking  With BDO since 1999  27-year banking experience Ador A. Abrogena Head — Trust and Investments  With BDO since 1990  Over 30 years of banking experience Walter C. Wassmer Head — Business Lending  With BDO since 1997  Over 30 years of banking experience Rolando C. Tanchanco Head — Consumer Lending  With BDO since 2004  25-year banking experience Jaime C. Yu Head — Branch Banking  With BDO since 1997  Over 30 years of banking experience Pedro M. Florescio III Head — Treasury  With BDO since 2001  Over 30 years of banking experience

Products, Services and Subsidiaries Intermediation

Nestor V. Tan President and CEO

 With BDO since 1997  Over 30 years of banking experience Roberto E. Lapid President — BDO Leasing and Finance

 With BDOLF since 1993  Over 30-years of banking experience Estrellita V. Ong Head — Internal Audit  With BDO since 2011  Over 20 years experience in audit Renato Vergel de Dios CEO & Director – Generali Life  With Generali since 2009  40 years of experience in insurance Jesus Antonio Saldaña Itchon President, One Network Bank  With BDO since Sep. 15, 2017  Over 30 years of banking experience Maria Cecilia G. Fonacier Head — Marketing Communications  With BDO since 2017  Over 20 years of banking experience

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Presentation Outline

I. Overview II. Financial Highlights III. Ownership, Board and Management IV. Environmental, Social and Governance V. Awards and Citations

Sustainable Development Programs

Finding Ways through Innovative Banking

Sustainable Development Programs

Finding Ways through Innovative Banking

76%

Female Employees

Sustainable Development Programs

Finding Ways through Innovative Banking

ESG EQUITY FUND

Sustainable Development Programs

Finding Ways through Innovative Banking

ESG Awards

Silver Awardee Corp Governance Scorecard Awardee for ten (10) consecutive years Among the Best Companies in the Philippines in CSR and Environmental Responsibility

Platinum Award

Among the recipients of the 6th and 7th Asian Excellence Award

Corporate Governance Asia

Teresita T. Sy-Coson Asian Corporate Director Award

Institutional Investor

One of the 15 Recipients of the Institutional Investor Governance Awards 2016

ASEAN Corporate Governance Scorecard

Among the Top 50 Publicly- Listed Companies 2013-2015

Asian Banking & Finance

Corporate Social Responsibility Program of the Year - Silver

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Presentation Outline

I. Overview II. Financial Highlights III. Ownership, Board and Management IV. Environmental, Social and Governance V. Awards and Citations

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Awards and Citations, 2014-2017 Best Bank in the Philippines

Asiamoney FinanceAsia Euromoney Global Finance

Philippine Bank of the Year 2016

Charlton East Coles

Top 15, Philippine Company of the Year 2016

The Banker

Bank of the Year, Philippines

The Asset

Best Domestic bank, Philippines (2014-2017)

Best Debt/Equity, M&A House Best Investment Bank Best Private Bank Best Project Finance Bank Best Retail & Wholesale Bank

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Awards and Citations, 2014-2017

Best Investment Bank/Deals Best Private Bank Best Project Finance Bank/Deals Best Wholesale Bank

Fund House of the Year - Philippines Best in Treasury & Working Capital – SMEs in the Philippines

FinanceAsia FinanceAsia FinanceAsia The Asset The Asset The Asset The Asset The Asset Euromoney Global Finance Asian Private Banker Asiamoney Asiamoney AsianInvestor Euromoney Asiamoney Project Finance Magazine Global Finance The Asian Banker

Mortgage Business of the Year

World Finance

Best Investment Management Company

Best in Trade Finance Best in Fund Management Best FX Bank/ Provider

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Awards and Citations, 2014-2017

Best in Internet Banking Best Retail Bank

The Asset

Best in Internet Banking Best in Trade Finance

Best in Deposit Initiatives

The Asian Banker

Best in Cash Mgt. & Transaction Banking Best FX Bank/ Provider Best in Social Media Initiatives

The Asian Banker The Asian Banker

Best Retail Bank in the Philippines Best Trade Finance Provider in the Philippines 2016 Cash Management Poll as voted by Corporates On-line Banking Initiative of the Year Automotive Lending Initiative

• f the Year

Mortgage & Home Loan Product of the Year

The Asian Banker Asian Banking & Finance Asiamoney

Asian Banking & Finance Asian Banking & Finance Global Finance

BSP

Outstanding PhilPaSS Participant Servicing Customer ePayments for Commercial Banks Gold Award - Top Commercial Bank that Generate the Largest Overseas Filipino Remittances

Asian Banking & Finance

Social Media Initiative of the Year

The Asset

Best Retail Social-Media Banking Experience, Philippines

The Asset

Excellence in Investor Relations Best in Trade Finance Best in Fund Management Best FX Bank/ Provider

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Awards and Citations, 2014-2017

Best in Internet Banking

Asiamoney FinanceAsia

Among the Most Trusted Brands

Reader’s Digest

Asset Management Company of the Year

The Asset

Impact Investor of the Year Award

Best FX Bank/ Provider Best in Fund Management Excellence in Leadership & Management Excellence in Investor Relations

(Individual Awards)

Best Managed Company in the Philippines – Large Cap

FinanceAsia

Among the Best Managed Public Companies

Asiamoney

Nestor V. Tan Best Executive Most Organized Investor Relations Among the Best Investor Relations Companies in the Philippines Among the Best Senior Management IR Support Teresita T. Sy-Coson Asia’s Best CEO Award Pedro M. Florescio One of Asia’s Best CFOs (IR) Best FX Provider in the Philippines Best Investment Management Company - Philippines Teresita T. Sy Management Man of the Year 2016 Among the Best at Investor Relations

FinanceAsia Management Association of the Philippines World Finance Global Finance Corporate Governance Asia

Luis S. Reyes, Jr. Best IR Professionals (Phils)

Corporate Governance Asia

Nestor V. Tan. Asia’s Best CEO Award Best Corporate Communications

Legal Disclaimer

This presentation and the information contained herein as well as the materials distributed herewith ("Presentation") are the sole and exclusive property of BDO Unibank, Inc. (“BDO”) and shall only be used for the purpose intended herein. None of the information contained in this Presentation constitutes a solicitation, offer, opinion, or recommendation by BDO to buy or to sell any securities or financial instrument or to provide any investment service or investment advice. The information contained in this Presentation is based on carefully selected sources believed to be reliable but no representation or warranty as to its accuracy or completeness is made. All statements in this Presentation, other than statements of historical facts, that address activities, events, or developments that 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 expressed or implied in 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. Your use of the Presentation shall be at your sole risk and you shall form your own conclusions as to the reliability of any information presented and as to any conclusions to be drawn therefrom. BDO shall not be directly or indirectly liable, in any way, for any inaccuracies, errors, or omissions in the Presentation , including but not limited to any quotes or financial data contained therein, nor for any damages resulting therefrom. Any

• pinion/data/forward-looking statements herein reflected may be subject to change by BDO without notice.

Investor Relations & Corplan: 4F South Tower, BDO Corporate Center 7899 Makati Avenue, Makati City Metro Manila 0726, Philippines Phone: (632) 840 7000 (loc. 6069) Fax: (632) 878 4151 Email: irandcorplan@bdo.com.ph Website: www.bdo.com.ph

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Thank you. www.bdo.com.ph