- 40 There are no other arrangements pursuant to which any director of the Company was compensated, or is to be compensated, directly or indirectly. Item 11 - Security Ownership of Certain Record and Beneficial Owners and Management as of December 31, 2020 a.)
Security Ownership of Certain Record and Beneficial Owners
The following table sets forth information with respect to a record or beneficial owner directly or indirectly owning more than 5% of the Company’s Capital Stock as of December 31, 2021: Title of Class Common Common
Name, Address of record Owner PCD Nominee Corp. G/F MSE Bldg., 6767 Ayala Ave., Makati City House of Investments, Inc. 3rd Flr., Grepalife Building, 221 Sen. Gil J. Puyat Avenue, Makati City
Common
Others
Relationships With the Issuer Stockholder Stockholder
Stockholder
Name of Beneficial Owner and relationship with the record owner PCD Nominee * (Various stockholders)
Citizenship Filipino Non-Filipino
No. of Shares Held 526,988,465 987,017
% 92.66% .17%
House of Investments, Inc. (Mr. Lorenzo V. Tan, President and Chief Executive Officer)
Filipino
21,805,861
3.83%
(Various stockholders)
Filipino
18,930,499
3.34%
568,711,842
100.00%
TOTAL Note: Under PCD account, the following companies owned more than 5%: i.
*RCBC Securities – 293,765,107 or 51.65% of the Company’s outstanding capital stock. The current nominee of RCBC Securities, Inc..is Mr. Raul M. Leopando. (Under RCBC Securities, Inc. with 5% of the Registrant securities). a. b. c. d.
ii.
House of Investments, Inc. RCBC Capital Corporation GPL Holdings, Inc. Others (Various stockholders)
– 143,662,864 shares or 25.26% - 60,978,808 shares or 10.72% – 55,218,121 shares or 9.71% – 33,905,314 shares or 5.94%
*RCBC Trust and Investment Division – 64,666,717 or 11.37% of the Company’s outstanding capital stock. RCBC Trust and Investments are Trust Accounts between RCBC and Beneficial Owners. The corporate acts of RCBC are carried out by its management through the guidance of its Board of Directors. Ms. Helen Y. Dee is the current Chairman of the Company.
iii. *Malayan Insurance Company, Inc. – 30,103,023 or 5.29% of the Company’s outstanding capital stock. The corporate acts of Malayan Insurance Company, Inc. are carried out by its management through the guidance of its Board of Directors. Mr. Paolo Y. Abaya is the current President and Chief Executive Officer of the Company. iv. *Others Stockholders under PCD account – 139,440,635 or 24.52%
b.) Security Ownership of Management The following are the number of shares owned of record by the Board of Directors, the Chief Executive Officer and each of the key officers of the Company and the percentage of shareholdings of each: Title of Class Common Common Common Common Common Common Common
Name of Beneficial Owner Name and Position Helen Y. Dee Chairman Milagros V. Reyes President/Director Maria Mercedes M. Corrales Independent Director Cesar A. Buenaventura Independent Director Lorenzo V. Tan Director Yvonne S. Yuchengco Director/Treasurer Eliseo B. Santiago Independent Director
Amount and Nature of Beneficial Ownership Direct 10,662 Indirect 5,006,574
Citizenship
Percent of Class
Filipino
0.88%
Indirect
125,695
Filipino
0.02%
Direct Direct Indirect
1 1,300 272,844
Filipino
-
Filipino
0.02%
1
Filipino
-
435,956
Filipino
0.08%
1
Filipino
-
Direct Indirect Direct
