Ayala - Pioneering the Future

Organization

Ayala is the holding company for its business interests held under various operating subsidiaries and affiliates. Ayala maintains a leading presence in real estate development, financial services, telecommunications, water infrastructure development and management, electronics manufacturing services, automotive dealerships, technology-related investments, and overseas real estate investments.

Ayala′s Board of Directors is the highest authority in matters of governance and management of the company. Ayala′s management is primarily accountable to the Board for the company′s operations. It sets targets and formulates strategies for achieving these targets.

AT A GLANCE
Founded	March 1834
Incorporated	September 1968
Listed in the Philippine Stock Exchange	November 1976
Shareholder Information(as of Dec. 31, 2011) Number of shareholders Percentage holding 1 to 1,000 shares Foreign ownership(common, preferred A,B&voting) Mitsubishi Corporation	7,451 81.29% 29.57% 10.93%

AMENDED ARTICLES OF INCORPORATION OF AYALA CORPORATION

Official information on the incorporation of Ayala, as amended in June 17, 2011.

AMENDED BY-LAWS OF AYALA CORPORATION - 2011

By-laws of Ayala Corporation, as amended in September 21, 2011.

BOARD OF DIRECTORS

Ayala's board of directors is the supreme authority in matters of governance and managing the regular and ordinary business of the corporation

MANAGEMENT COMMITTEE

Ayala's management stands as the locus of decision-making for the day-to-day affairs of the corporation. Management is accountable to the board for the operations of Ayala

SHAREHOLDER INFORMATION

Top 20 stockholders of Ayala, updated quarterly. Last updated 12/31/2011.