Investor Presentation1Q19 Results

July 2019

Presentation Outline

I. Overview

II. Financial Highlights

III. Ownership, Board and Management

IV. Sustainability

V. Awards and Citations

• The Philippines’ largest bank with total assets of P3.0 Tn (USD57.4 Bn).

• A full-service universal bank with one of the widest distribution networks consisting of more than 1,300 operating branches and over 4,000 ATMs nationwide.

• Part of the SM Group, one of the country’s largest conglomerates.

About BDO

3

4

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 Rural Bank of San Juan’s banking business

P1.2 TN

2012 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

Merged with Equitable PCI Bank.

Acquired Amex Savings Bank Philippines

2007

P2 TN

Est. as Acme

Savings Bank

2003

Acquired Banco Santander Philippines

P149 BN

2016 2017

Joint Venture with Nomura Securities; Acquired

exclusive franchise of Diners Club Int’l and full

control of Generali Pilipinas Life (renamed as

BDO Life Assurance)

P2.3 TN

2008 2009

Acquired GE Money Bank

P862 BN

P802 BN

Full-Service Bank StrategyNiche Strategy

#19 #17 #13 #9 #9 #5 #2 #1Ranking

Commercial Bank Expansion

P2.7 TN

2018

P3.0 TN

2019

To acquire RB

Pandi banking

business

Full Service Bank• Complete range of financial products and services

Corporate &

Institutional

Banking

Corporate and

middle market

lending

Trade finance

Specialized

lending

Financial

Institutions

Cross-border

financing

Consumer

Banking

Auto

Mortgage

Credit cards

Personal loans

Merchant

payment

processing

Leasing &

Finance

Direct lease,

sale and

leaseback

arrangements

Installment

paper

purchases

Receivable

discounting

and factoring

Branch

Banking

Deposit &

related products

Over-the-

counter

transactions

Cross-selling

distribution

platform

Treasury

Services

Fixed income

dealership

Foreign

exchange

transactions

Portfolio

management

Liquidity

management

Transaction

Banking

Cash

management

Electronic

banking

ATMs

Prepaid cards

Merchant

acquiring

Remittances

Trust

Banking

Investment

management

Unit investment

trust funds

Living trusts

Retirement

funds

Special trusts /

custodianship

Private

Banking

Wealth advisory

Customized

portfolio

management

Investment

Banking

Underwriting &

distribution of

fixed income &e

quity

securities

Fin’l advisory

Project finance

Loan

syndication

Stock

Brokerage

Equities trading

Online stock

trading

Insurance

Brokerage

(property &

casualty)

Bancassurance

(individual &

group life

insurance)

Rural

Banking

Salary loans

MSME loans

Deposit

products

Cash

management

Remittances

5

6

Market Reach• Wide and extensive coverage in key areas

24 International Offices

Europe - 99 Remittance Offices

Middle East - 1Representative Office

Asia - 11 2 Full-service Branches

6 Remittance Offices

3 Representative Offices

North

America - 3 Remittance Offices

Philippines - 1,364

Branches

As of 05 July 2019

BDO ONB Total

Luzon 350 80 430

Metro

Manila590 8 598

Visayas 121 29 150

Mindanao 82 104 186

Total

Branches1,143 221 1,364

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

#3

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 receivables2 According to Asian Banking and Finance, Global Finance3 According to Alpha South East Asia, Asian Banking and Finance, The Asset4 In terms of debt and equity capital markets corporate issuances, excluding banks’ stock rights offers5 Among insurance brokers in terms of premiums produced and commissions earned

7

1,193

643

441318

138 93 90 87 53 50

BPI MBT LBP CHIB PNB RCBC UCPB SECB UBP

2,361

1,681 1,611 1,582

745 720

461 447 426 416

LBP BPI MBT PNB CHIB SECB DBP UBP RCBC

1,998

1,364 1,359

757582 513

411 386 307 280

BPI MBT LBP PNB CHIB SECB RCBC UBP DBP

8

Industry Ranking

Total Assets

(in PHP billions)

Source: Company data, consolidated statements of condition (SOC). Ranking as at 31 March 2019

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 – 36%

BDO Market Share – 22%BDO Market Share – 18%

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) 99.8550%

BDO Remit (USA), Inc. 100%

BDO Remit (Japan) Ltd. 100%

BDORO Europe Ltd. 100%

BDO Remit (Canada) Ltd. 100%

Express Padala (HK) Ltd. 100%

BDO Remit(Italia) S.p.A. 100% (a)

BDO Remit Limited 100%

BDO Remit (Macau)Limited 100%

BDO Remit Int’l Holdings B.V. 96.32%

Averon Holdings, Inc. 100%

BDO Rental, Inc. 100%

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%

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

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 UndertakingSubsidiary/Affiliates of BDO

Subsidiaries

Non-Financial Allied Affiliate

9

The Banker Top 1000 World Banks – Tier 1 Capital 2017

10

USD Million

231

Rank Origin Bank

235

232

234

237

238

239

240

233

236

5,421

5,419

5,403

5,391

5,344

5,289

5,203

5,140

5,114

5,067

Bank Gospodarstwa Krajowego

Taipei Fubon Bank

Iyo Bank

Mashreqbank

BDO Unibank

E. Sun Commercial Bank

Yes Bank

Bank Nederlandse Gemeenten

Qatar Islamic Bank

Landwirtschaftliche Rentenbank

5,344

3,611

3,325

1,940

1,782

1,415

1,088

1,014

0 1000 2000 3000 4000 5000 6000

MBT

BPI

SECB

PNB

CHIB

RCBC

UBP

The Banker Top Philippine Banks – Tier 1 Capital 2017

USD MillionBank

1

Rank

2

3

4

5

6

7

8

Acronyms:

BDO BDO Unibank PNB Philippine National Bank

BPI Bank of the Philippine Islands RCBC Rizal Commercial Banking Corp. CHIB

China Banking Corporation SECB Security Bank Corp.

MBT Metropolitan Bank& Trust UBP UnionBank of the Philippines

Note: Only private banks are included in the 2017 individual country rankings list

11

Credit RatingsMoody’s Fitch

29-Jan-2019 30-Jan-2019

Foreign Currency Bank Deposits/Issuer/Debt Rating (IDR)

Long Term Baa2 BBB-

Short Term P-2 F3

Outlook Stable Stable

Senior Unsecured debt

Long Term Baa2 *BBB-

Short Term P-2

Outlook Stable

BCA/Viability Rating

Baseline Credit Assessment (BCA) baa2

Adjusted BCA Rating baa2

Viability Rating bbb-

Support Rating 2

Support Rating Floor BBB-

Counterparty Risk (CR) Assessment

Long Term Baa1(cr)

Short Term P-2 (cr)

Counterparty Risk Rating (CRR)*

Foreign Currency

Long Term Baa1

Short Term P-2

Local Currency

Long term Baa1

Short Term P-2

*Mentioned in Fitch Press Release dated November 18, 2018

Source: Moody’s, Fitch;

12

Trading Fact SheetStock Details

Type Common Shares

Stock Ticker BDO

ISIN PHY077751022

Exchange Philippine Stock Exchange

Par Value P10.00

Outstanding No. of Shares* 4,3757,239,284

Foreign Ownership Up to 40%

American Depositary Receipts (ADR) Program Details

Type Sponsored Level 1 ADR

ADR Ticker BDOUY

ISIN US05537Y3045

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 July 2, 2019

13

Presentation Outline

I. Overview

II. Financial Highlights

III. Ownership, Board and Management

IV. Sustainability

V. Awards and Citations

1Q19 P&L Exc. ONB & BDO Life

(in PHP billion) 1Q19 1Q18 YoY% 1Q19 1Q18 YoY%

Interest Income 38.8 28.2 37% 37.9 27.6 37%

Interest Expense 11.1 6.1 83% 11.0 6.0 84%

Net Interest Income 27.7 22.2 25% 26.8 21.6 24%

Non-interest Income 14.9 10.9 36% 10.3 8.8 16%

Fee Income 8.2 6.9 18% 7.8 6.9 14%

Insurance Premiums 3.2 2.6 23% 0.0 - -

Trading & FX 2.2 0.0 9163% 1.3 0.7 74%

Others 1.2 1.3 -6% 1.1 1.2 -8%

Gross Operating Income 42.6 33.1 29% 37.1 30.4 22%

Operating Expense 28.3 23.1 22% 24.1 20.5 18%

Ins. Reserves, Benefits and Claims 2.8 1.5 89% - - -

Pre-Provision Operating Profit 14.3 10.0 43% 12.9 9.9 31%

Provisions 1.3 1.8 -29% 1.2 1.6 -21%

Net Income Before Tax 13.0 8.2 59% 11.7 8.3 40%

Taxes 3.2 2.3 41% 3.1 2.3 37%

Net Income 9.8 5.9 66% 8.6 6.1 42%

Return on Common Equity 11.8% 7.9% -

BDO Conso BDO ex-ONB & BDO Life

15

1Q19 Balance Sheet

(in PHP billion) 1Q19 1Q18 YoY%

Resources

Reserve Assets 488.3 546.7 -11%

Investment Securities 436.7 357.4 22%

Gross Customer Loans 2,009.9 1,828.2 10%

Investment Properties 20.0 18.2 10%

Other Assets 59.2 47.0 26%

Total Resources 3,014.1 2,797.6 8%

Liabilities

Deposits 2,361.4 2,242.2 5%

CASA 1,675.0 1,586.1 6%

Bills Payable/Sub-Debt 185.7 151.3 23%

Insurance Contract Liab. 33.2 25.3 32%

Other Liabilities 95.5 79.3 20%

Total Liabilities 2,675.7 2,498.0 7%

Total Capital 338.4 299.6 13%

Total Liabilities & Capital 3,014.1 2,797.6 8%

BDO Conso

16

16%

20%

14%

17%19%

16%

13%

19%20%

17%

16%18%

15%

10%

0%

5%

10%

15%

20%

25%

30%

2013 2014 2015 2016 2017 2018 1Q19

Industry

BDO

17

BDO Loan Growth vs. Industry

8%

15%17%

17%

22%

30%

39%

19%20%

17%

16% 18%15%

10%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

2013 2014 2015 2016 2017 2018 1Q19

Growth inInterestincome fromLoans Only(YoY)

Loan Growth(YoY)

BDO Loan Growth vs. Interest Income Growth

a

aUKB, based on loans net of RRPs

Loan growth negated by

declining ratesGood volume growth with stable yields

Industry

ROE 13.7% 11.0% 9.8% 10.5% 10.0% 9.3% 9.6%

18

Capital Ratios Net Income & ROE

ROCE

a Per SOC, BSP bUKB

bBDO

1Q19a

CAR

Income Statement(in PHP billion) 2013 2014 2015 2016 2017 2018 1Q19

Interest Income 56.6 63.6 72.1 82.0 99.8 129.0 38.8

Interest Expense 13.4 12.4 15.2 16.4 18.0 30.7 11.1

Net Interest Income 43.2 51.2 57.0 65.6 81.8 98.3 27.7

Non-interest Income 31.8 29.5 31.8 41.6 47.2 49.7 14.9

Fee Income 15.5 18.0 19.4 22.2 28.9 30.7 8.2

Insurance Premiums - - - 8.1 9.9 11.8 3.2

Trading & FX 12.8 7.1 7.2 4.8 3.9 2.2 2.2

Others 3.6 4.4 5.3 6.5 4.5 5.0 1.2

Gross Operating Income 75.0 80.7 88.8 107.2 129.0 148.0 42.6

Operating Expenses 43.3 48.5 55.1 70.0 84.9 98.0 28.3

Ins. Reserves, Benefits and Claims - - - 5.7 7.5 7.5 2.8

Pre-Provision Operating Profit 31.8 32.2 33.7 37.2 44.1 49.9 14.3

Provisions 7.0 5.1 3.0 3.8 6.5 6.3 1.3

Income bef. Pre-Acquisition 24.8 27.1 30.7 33.4 37.6 43.6 13.0

Pre-Acquisition Income - - - (0.4) - - -

Taxes 2.1 4.2 5.7 6.8 9.5 11.0 3.2

Net Income 22.6 22.8 25.0 26.2 28.1 32.7 9.8

19

Balance Sheet(in PHP billion) 2013 2014 2015 2016 2017 2018 1Q19

Resources

Reserve Assets 491.5 488.4 461.7 511.0 509.7 534.4 488.3

Investment Securities 227.9 221.5 225.8 269.0 332.9 385.2 436.7

Gross Customer Loans 911.5 1,089.4 1,279.4 1,482.0 1,754.9 2,020.1 2,009.9

Investment Properties 10.4 13.9 14.6 15.2 18.0 19.8 20.0

Other Assets 31.5 50.5 49.9 47.8 52.5 62.8 59.2

Total Resources 1,672.8 1,863.6 2,031.3 2,325.0 2,668.1 3,022.2 3,014.1

Liabilities

Deposits 1,345.3 1,492.3 1,663.9 1,905.2 2,121.0 2,420.0 2,361.4

Bills Payable/Sub-debt 97.3 110.4 107.6 110.6 140.5 153.7 185.7

Insurance Contract Liab. - - - 20.6 26.0 28.5 33.2

Other Liabilities 65.8 81.3 60.2 71.1 82.3 92.0 95.5

Total Liabilities 1,508.4 1,684.0 1,831.6 2,107.4 2,369.8 2,694.1 2,675.7

Total Capital 164.4 179.7 199.6 217.6 298.3 328.1 338.4

Total Liabilities & Capital 1,672.8 1,863.6 2,031.3 2,325.0 2,668.1 3,022.2 3,014.1

20

Financial Performance Indicators2013 2014 2015 2016 2017 2018 1Q19

Profitability

Return on Ave. Common Equity 14.3% 13.6% 13.6% 12.7% 10.2% 10.7% 11.8%

Return on Average Assets 1.6% 1.3% 1.3% 1.2% 1.1% 1.1% 1.3%

Margins and Liquidity

Net Interest Margin (NIM) 3.3% 3.2% 3.2% 3.2% 3.5% 3.6% 3.9%

Loan to Deposit Ratio 67.8% 73.0% 76.9% 77.8% 82.7% 83.5% 85.1%

Liquid Assets to Total Assets 43.0% 38.1% 33.8% 33.5% 31.6% 30.4% 30.7%

Cost Efficiency

Cost to Income Ratio 57.7% 60.1% 62.1% 65.3% 65.8% 66.3% 66.5%

Cost to Assets Ratio 3.0% 2.7% 2.8% 3.2% 3.4% 3.4% 3.8%

Asset Quality

NPL Ratio 1.6% 1.3% 1.2% 1.3% 1.2% 1.0% 1.2%

NPL Cover 170.7% 188.4% 166.1% 139.3% 146.3% 183.1% 162.9%

Capital and Leverageb  Basel II 

CET1 .0% 12.4% 11.3% 10.6% 12.9% 12.1% 12.4%

Tier 1 Ratio 14.6% 12.8% 11.7% 10.9% 13.1% 12.3% 12.6%

Capital Adequacy Ratio (CAR) 15.8% 14.6% 13.3% 12.3% 14.5% 13.7% 14.0%aAnnualized 6 7 8 9 10 11 12bPer SOC, BSPcPer BSP Circ. 1011

  Basel III 

a

a

a

a

c c

21

Presentation Outline

I. Overview

II. Financial Highlights

III. Ownership, Board and Management

IV. Sustainability

V. Awards and Citations

Shareholder Structure

• Majority owned by the SM Group

As of 31 March 2019

Name Nationality Shareholdings

Percentage

of

Ownership

SM Investments Corp. Filipino 1,750,930,649 40.02%

PCD Nominee Foreign 1,320,893,455 30.19%

PCD Nominee Filipino 807,420,146 18.46%

Multi-Realty Development Corporation

SM Prime Holdings

Filipino

Filipino

282,890,230

90,024,395

6.47%

2.06%

Sub-Total, Top Shareholders 97.20%

Total Shares Outstanding* 4,375,066,774

Source: Top 100 Shareholders as of 31 March 2019

*Number of chares outstanding subsequently increased to 4,377,239,284 as of July 2, 2019 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.

23

24

Financial

Services

Property

Retail

Access to SM’s customer

network

• Over 18,400 PHL tenants

• More than 9,500 suppliers

• 4.2 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

• One of the leading property

developers in the country with

strong presence in mall operations

and housing developments

• Dominant domestic mall

developer/operator - 72 malls in

the Philippines with GFA of 8.3

mn sqm (with 7 more malls in

China)

• Largest local retail chain with 997

stores nationwide

• Increased presence in discretionary

retail with 1,388 outlets

• Biggest domestic banking

operations

• Interests in BDO and China Bank

The SM Group

• Harnessing synergies with the country’s largest conglomerate

7 directors have an average of 35 years of banking

experience, including a former Partner and Head of Asia

Financials Research at Goldman Sachs

1 director is a senior partner in one of the most prestigious

law firms in the Philippines while another is a bar topnotcher

and member of the New York State Bar

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

banking and finance, legal and business backgrounds

• Independent directors comprise 6 out of 11-member Board

Experienced

Bankers

Legal Experts

2 directors are successful businesspersons who have made

their mark in their respective fields

Successful

Entrepreneurs

Board of Directors

25

Board of Directors

• With broad business and professional experience

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.

George T. Barcelon

Independent Director — first appointed to the Board in 2019

Currently Chairman of the Philippine Chamber of Commerce

and Industry

The visionary behind Integrated Computer Systems Inc., a

Top 1000 company

Josefina N. Tan

Director — first appointed to the Board in 2007

Former 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

Former COO of the Financial Institution Services Group of BZW,

the investment banking subsidiary of the Barclays Group

Holds Directorships of numerous BDO subsidiaries

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

Vicente S. Perez, Jr

Independent Director — first appointed to the Board in 2019

Served as Secretary of the Department of Energy 2001-2005

Chairman of Altenergy and Solar Pacific

MBA Wharton School

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 CenterChristopher A. Bell-Knight

Director — re-elected to the Board in 2013

Previously served as BDO Director from 2005-2010

Former VP and Country Head of the Bank of Nova Scotia

Associate of the Chartered Institute of Bankers - British

26

Senior Management Team • With extensive professional banking expertise

Corporate Support

Frederic Mark S. Gomez

Head — I.T.

With BDO since 2017

Over 22 years financial services experience

Evelyn C. Salagubang

Head — HRG Recruitment

With BDO since 2007

Over 26 years experience in HR

Lucy Co Dy

Head — Comptrollership

With BDO since 1985

Over 31 years of banking experience

Edwin Romualdo G. Reyes

Head — Transaction Banking

With BDO since 2015

Over 31 years banking experience

Evelyn L. Villanueva

Head — Risk Management

With BDO since 2002

Over 31 years of banking experience

Luis S. Reyes Jr.

Head — IR & Corplan

With BDO since 2003

Over 31 years of banking experience

Atty. Federico P. Tancongco

Head — Compliance

With BDO since 2005

Over 25 years of banking experience

Alvin C. Go

Head — Legal

With BDO since 2013

In the practice of law for 31 years

Maria Theresa L. Tan

General Manager — BDO Insurance

With BDO since 2009

23-year banking and insurance experience

Albert Santiago Yeo

Head — Private Banking

With BDO since 2017

Over 33 years banking experience

Eduardo V. Francisco

Head — Investment Banking

With BDO since 1999

31 years banking experience

Rafael G. Ayuste Jr.

Head — Trust and Investments

With BDO since 2014

Over 30 years of banking experience

Walter C. Wassmer

Head — Business Lending

With BDO since 1997

Over 31 years of banking experience

Rolando C. Tanchanco

Head — Consumer Lending

With BDO since 2004

Over 26-year banking experience

Jaime C. Yu

Head — Branch Banking

With BDO since 1997

Over 35 years of banking experience

Dalmacio D. Martin

Head — Treasury

With BDO since 2009

Over 31 years of banking experience

Products, Services and SubsidiariesIntermediation

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 35 years of banking experience

Estrellita V. Ong

Head — Internal Audit

With BDO since 2011

Over 24 years experience in audit

Renato Vergel de Dios

President & CEO – BDO Life Assurance Co. Inc.

With BDO since 2016

Over 41 years of experience in insurance

Jesus Antonio Saldaña Itchon

President, One Network Bank

With BDO since Sep. 15, 2017

Over 31 years of banking experience

Maria Cecilia G. Fonacier

Head — Marketing Communications

With BDO since 2017

Over 21 years of banking experience

Grace C. Palomar

Head — HRG Training & Org Dev’t

With BDO since 2015

Over 38 years experience in HR

Sixto Sison Gaddi

Head — HRG Workforce Management

With BDO since 2018

Over 26 years experience in HR

Myla R. Untalan

Head — Digital Infrastructure

With BDO since 2003

Over 26 years of banking experience

Joseph Albert L. Gotuaco

Head — Central Operations Group

With BDO since 2019

Over 30 years banking experience

27

Presentation Outline

I. Overview

II. Financial Highlights

III. Ownership, Board and Management

IV. Sustainability

V. Awards and Citations

Sustainability Report for 2018

Click

here

Full report can be accessed at: www.bdo.com.ph under Company Disclosures:

https://www.bdo.com.ph/sites/default/files/pdf/2018-BDO-Sustainability-Report.pdf

Outlines BDO’s sustainability strategies covering:

• Products

• Sustainability contribution

• Human capital

• Disaster response

• Governance

Reports on the Bank’s 2018 economic, environmental, social and governance performance

Conforms with Global Reporting Initiative (GRI) standards

29

BDO’s Path in Creating Shared Value

In Support of the UN Sustainable Development Goals

Sustainability Philosophy

We seek to achieve strategic resilienceby incorporating sustainability in theway we do business.

We aim to embed sustainabilityprinciples when making decisions,assessing relationships, and creatingproducts.

BDO’s commitment to sustainability isfostered at the Board level. It anchorsits sustainable development strategy tothe United Nations SustainableDevelopment Goals (SDGs). The Bankalso upholds the 10 Principles of theUnited Nations Global Compact.

32

Sustainability Framework

33

ESG Recognition / Awards

Silver Awardee Corp Governance Scorecard

Awardee for fourteen (14) 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-CosonAsian Corporate Director Award

Institutional InvestorOne of the 15 Recipients of the

Institutional Investor Governance

Awards 2016

ASEAN Corporate

Governance Scorecard Among the Top 50 Publicly-Listed

Companies 2013-2018

Asian

Banking &

Finance

Corporate Social Responsibility Program of the Year – Gold (2017-2018)

BDO Unibank is a constituent

of the FTSE4Good Index

http://www.ftse.com/products

/indices/FTSE4Good

Forbes 2018GLOBAL 2000

Top Regarded Companies (#140) Top World’s Best Employers (#24)

34

Presentation Outline

I. Overview

II. Financial Highlights

III. Ownership, Board and Management

IV. Sustainability

V. Awards and Citations

Awards and Citations, 2014-2019

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 BankerBank of the Year, Philippines

The AssetBest Domestic bank, Philippines

(2014-2018)

The Asian BankerStrongest Bank, Philippines

36

Best

Debt/Equity,

M&A

House

Best

Investment

Bank

Best

Private

Bank

Best Project

Finance

Bank

Best Retail &

Wholesale

Bank

Awards and Citations, 2014-2019

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 AssetThe Asset

The AssetThe Asset

Euromoney

Global Finance

Asian Private

Banker

Asiamoney Asiamoney

AsianInvestor

Euromoney

Asiamoney

Project Finance

MagazineGlobal Finance

World FinanceBest Investment Management

Company

Best

in Trade

Finance

Best in

Fund

Management

Best

FX Bank/

Provider

Awards and Citations, 2014-2019

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 BankerBest 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 of 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 AssetBest Retail Social-Media

Banking Experience, Philippines (2015-2018)

The Asset

The Mortgage Product of the Year (2018)

Mortgage Business of the

Year

Excellence in

Investor

Relations

Best

in Trade

Finance

Best in

Fund

Management

Best

FX Bank/

Provider

Awards and Citations, 2014-2019

Best

in Internet

Banking

Asiamoney

FinanceAsia

Among the Most Trusted Brands

Reader’s Digest

Asset Management Company of the Year

The AssetImpact 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

FinanceAsiaAmong the Best Managed Public

Companies

Asiamoney

Nestor V. TanBest Executive

Most Organized Investor Relations

Best IR Company (Philippines)

Among the Best Senior Management IR Support

Teresita T. Sy-CosonAsia’s Best CEO Award

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

FinanceAsiaManagement

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 CommunicationsBest Wealth Manager, Philippines (2017)

Institutional

InvestorNestor V. Tan

Best CEO – Emerging Markets (Philippines)

40

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

Investor Relations & Corplan:

4/F South Tower, BDO Corporate Center 7899 Makati Avenue, Makati City 0726, Philippines

Phone: (632) 840 7000 (loc. 6069)

Fax: (632) 878 4151

Email: irandcorplan@bdo.com.ph

Website: www.bdo.com.ph

Facebook: https://m.facebook.com/BDOUnibank/

YouTube: https://www.youtube.com/user/BDOPhilippines

Other Relevant Links:

BDO 2018 Annual Report

https://www.bdo.com.ph/sites/default/files/pdf/BDO%20Unibank%202018%20Annual%20Report.pdf

BDO 2018 Annual Report Financial Supplements

https://www.bdo.com.ph/sites/default/files/pdf/BDO%20Unibank%202018%20Annual%20Report%20Financial%20Supple

ments.pdf

Thank you.

www.bdo.com.ph