Ayala North Exchange Tower 1, Ayala Avenue corner Salcedo St.

, Legaspi Village, Makati City

www.bpi.com.ph

BALANCE SHEET CONSOLIDATED BALANCE SHEET

(Head Office and Branches) (Bank and Financial Subsidiaries)
As of December 31, 2022 As of December 31, 2022

Current Quarter Previous Quarter Current Quarter Previous Quarter

ASSETS ASSETS
Cash and Cash Items P 39,358,909,374.03 29,174,677,656.95 Cash and Cash Items P 39,612,626,053.99 29,399,221,887.75
Due from Bangko Sentral ng Pilipinas 178,534,051,300.00 185,337,590,107.45 Due from Bangko Sentral ng Pilipinas 182,868,712,384.26 187,115,317,693.46
Due from Other Banks 46,753,862,878.13 47,255,582,982.86 Due from Other Banks 47,757,136,500.75 49,561,964,374.49
Financial Assets at Fair Value through Profit or Loss 16,894,872,025.22 44,276,143,199.16 Financial Assets at Fair Value through Profit or Loss 22,087,052,337.51 50,417,389,097.57
Available-for-Sale Financial Assets-Net 90,870,242,362.93 77,481,684,805.60 Available-for-Sale Financial Assets-Net 93,874,758,873.96 80,517,448,502.79
Held-to-Maturity (HTM) Financial Assets-Net 411,217,710,405.48 437,179,796,369.43 Held-to-Maturity (HTM) Financial Assets-Net 416,655,628,370.62 442,896,231,456.71
Loans and Receivables-Net 1,683,442,752,905.89 1,575,668,184,996.74 Loans and Receivables-Net 1,707,389,442,915.79 1,597,831,459,075.76
Interbank Loans Receivable 11,605,412,894.44 2,258,626,545.40 Interbank Loans Receivable 13,305,769,828.47 3,699,535,944.03
Loans and Receivables-Others 1,698,591,141,758.60 1,604,875,294,593.14 Loans and Receivables-Others 1,721,200,533,391.29 1,625,323,270,325.98
Loans and Receivables Arising from RA/CA/PR/SLB - - Loans and Receivables Arising from RA/CA/PR/SLB 135,553,465.00 636,603,176.00
General Loan Loss Provision 26,753,801,747.15 31,465,736,141.80 General Loan Loss Provision 27,252,413,768.97 31,827,950,370.25
Other Financial Assets 13,288,136,614.84 11,172,501,679.53 Other Financial Assets 13,567,245,486.75 11,362,202,372.71
Equity Investment in Subsidiaries, Associates Equity Investment in Subsidiaries, Associates
and Joint Ventures-Net 34,231,789,493.00 34,536,189,774.33 and Joint Ventures-Net 10,748,563,362.44 10,444,561,729.21
Bank Premises, Furniture, Fixture and Equipment-Net 18,783,578,487.90 15,228,023,570.95 Bank Premises, Furniture, Fixture and Equipment-Net 19,406,193,001.96 15,843,215,576.26
Real and Other Properties Acquired-Net 2,525,634,469.31 2,356,754,671.98 Real and Other Properties Acquired-Net 2,575,369,823.54 2,404,447,776.91
Non-Current Assets Held for Sale 393,214,496.65 455,730,201.46 Non-Current Assets Held for Sale 400,968,682.11 460,383,079.05
Other Assets-Net 65,683,006,379.82 59,441,605,574.31 Other Assets-Net 68,371,848,297.00 62,035,387,927.76
TOTAL ASSETS P 2,601,977,761,193.20 2,519,564,465,590.75 TOTAL ASSETS P 2,625,315,546,090.68 2,540,289,230,550.43

LIABILITIES LIABILITIES

Financial Liabilities at Fair Value through Profit or Loss P 4,252,675,786.25 9,200,974,860.78 Financial Liabilities at Fair Value through Profit or Loss P 4,297,073,440.23 9,649,099,054.41
Deposit Liabilities 2,082,716,279,823.59 2,024,589,698,508.28 Deposit Liabilities 2,097,379,626,627.09 2,035,515,084,106.65
Due to Other Banks 2,379,198,434.48 3,882,337,093.66 Due to Other Banks 2,454,423,887.29 3,882,337,093.66
Bills Payable 16,025,440,158.64 - Bills Payable 20,526,885,294.84 4,651,118,858.23
a) Interbank Loans Payable - - a) Interbank Loans Payable 4,234,914,380.14 4,368,734,753.56
b) Other Deposit Substitute 16,025,440,158.64 - b) Other Deposit Substitute 16,291,970,914.70 282,384,104.67
Bonds Payable-Net 76,976,155,390.84 79,503,621,244.35 Bonds Payable-Net 76,976,155,390.84 79,503,621,244.35
Other Financial Liabilities 32,213,839,673.79 27,237,099,073.73 Other Financial Liabilities 33,010,233,418.92 28,015,241,542.42
Other Liabilities 71,343,941,928.19 62,982,220,491.86 Other Liabilities 74,553,509,474.47 66,856,805,773.04
TOTAL LIABILITIES P 2,285,907,531,195.78 2,207,395,951,272.66 TOTAL LIABILITIES P 2,309,197,907,533.68 2,228,073,307,672.76

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY

Capital Stock P 153,316,014,260.29 153,186,360,640.07 Capital Stock P 153,316,014,260.29 153,186,360,640.07
Other Capital Accounts (7,497,814,982.78) (16,436,468,745.50) Other Capital Accounts (7,525,091,317.87) (16,463,745,080.59)
Retained Earnings 170,252,030,719.91 175,418,622,423.52 Retained Earnings 170,326,715,614.58 175,493,307,318.19
TOTAL STOCKHOLDERS' EQUITY P 316,070,229,997.42 312,168,514,318.09 TOTAL STOCKHOLDERS' EQUITY P 316,117,638,557.00 312,215,922,877.67
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY P 2,601,977,761,193.20 2,519,564,465,590.75 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY P 2,625,315,546,090.68 2,540,289,230,550.43

CONTINGENT ACCOUNTS CONTINGENT ACCOUNTS

Guarantees Issued P 2,774,455,492.66 2,889,814,447.98 Guarantees Issued P 2,774,455,492.66 2,889,814,447.98
Financial Standby Letters of Credit 28,960,472,906.24 17,130,561,366.13 Financial Standby Letters of Credit 28,960,472,906.24 17,130,561,366.13
Performance Standby Letters of Credit 6,045,162,100.87 5,751,243,052.12 Performance Standby Letters of Credit 6,045,162,100.87 5,751,243,052.12
Commercial Letters of Credit 14,142,103,554.80 13,943,409,531.95 Commercial Letters of Credit 14,142,103,554.80 13,943,409,531.95
Trade Related Guarantees 5,203,329,523.36 6,106,627,142.74 Trade Related Guarantees 5,203,329,523.36 6,106,627,142.74
Commitments 148,935,062,999.95 144,175,765,122.07 Commitments 148,935,062,999.95 144,175,765,122.07
Spot Foreign Exchange Contracts 13,263,902,033.22 20,346,926,552.13 Spot Foreign Exchange Contracts 13,263,902,033.22 20,735,232,599.02
Trust Department Accounts - - Trust Department Accounts 875,062,815,682.69 838,359,072,768.55
a) Trust and Other Fiduciary Accounts - - a) Trust and Other Fiduciary Accounts 507,834,585,037.23 510,408,355,687.35
b) Agency Accounts - - b) Agency Accounts 367,228,230,645.46 327,950,717,081.20
Derivatives 413,678,653,098.20 467,756,533,955.04 Derivatives 422,807,135,745.46 477,851,191,306.00
Others 35,005,532,893.51 52,338,327,333.38 Others 183,904,211,855.29 212,108,798,530.56
TOTAL CONTINGENT ACCOUNTS P 668,008,674,602.81 730,439,208,503.54 TOTAL CONTINGENT ACCOUNTS P 1,701,098,651,894.54 1,739,051,715,867.12

ADDITIONAL INFORMATION ADDITIONAL INFORMATION

Gross total loan portfolio (TLP) P 1,737,711,559,096.58 1,631,067,742,839.36 1. List of Financial Allied Subsidiaries (excluding Subsidiary Insurance Companies)
Specific allowance for credit losses on the TLP 27,515,004,443.54 23,933,821,700.82 1. BPI Capital Corporation
Non-Performing Loans (NPLs) 2. BPI Direct BanKo Inc., A Savings Bank
a. Gross NPLs 29,476,839,952.90 30,639,411,592.39 3. BPI Payments Holdings, Inc.
b. Ratio of gross NPLs to gross TLP 1.70% 1.88% 4. BPI Foreign Exchange Corporation
c. Net NPLs 9,078,137,178.44 14,612,900,853.46 5. BPI International Finance Limited
d. Ratio of Net NPLs to gross TLP 0.52% 0.90% 6. BPI Europe, PLC.
e. Ratio of total allowance for credit losses 7. BPI Investment Management Inc.
to gross NPLs 184.11% 180.81% 8. BPI Asset Management and Trust Corporation
f. Ratio of specific allowance for credit losses 9. BPI Remittance Centre HK (Ltd)
on the gross TLP to gross NPLs 93.34% 78.11%
Classified Loans & Other Risk Assets,
gross of allowance for credit losses 56,874,285,147.28 55,638,071,816.90
DOSRI Loans and receivables,
gross allowance of credit losses 19,570,590,486.51 19,135,562,645.45
Ratio of DOSRI loans and receivables, 2. List of Subsidiary Insurance Companies
gross of allowance for credit losses, to gross TLP 1.13% 1.17% 1. BPI/MS Insurance Corporation
Gross non-performing DOSRI loans and receivables 4,968,331.17 5,993,450.61 2. FGU Insurance Corporation
Percent Compliance with Magna Carta 3. Ayala Plans, Inc.
a. 8% for Micro and Small Enterprises 2.30% 2.15%
b. 2% for Medium Entreprises 3.82% 2.93%
Return on Equity (ROE) 13.02% 13.48%
Capital Adequacy Ratio (CAR) on Solo Basis, 3. Capital Adequacy Ratio (CAR) on Consolidated Basis,
as prescribed under existing regulations as prescribed under existing regulations
a. Total CAR 15.23% 15.92% a. Total CAR 16.01% 16.78%
b. Tier 1 Ratio 14.33% 15.01% b. Tier 1 Ratio 15.12% 15.89%
c. Common Equity Tier 1 Ratio 1/ 14.33% 15.01% c. Common Equity Tier 1 Ratio 1/ 15.12% 15.89%
Basel III Leverage Ratio on Solo Basis, Basel III Leverage Ratio on Consolidated Basis,
as prescribed under existing regulations. as prescribed under existing regulations.
a. Tier 1 Capital 262,935,794,233.00 259,688,959,668.55 a. Tier 1 Capital 285,809,498,777.64 283,062,862,971.46
b. Exposure Measure 2,607,988,527,486.04 2,518,453,813,864.01 b. Exposure Measure 2,669,591,886,661.84 2,578,938,624,943.41
c. Leverage Ratio 10.08% 10.31% c. Leverage Ratio 10.71% 10.98%
Liquidity Coverage Ratio in Single Currency on Solo Liquidity Coverage Ratio in Single Currency on Consolidated
Basis, as prescribed under existing regulations. Basis, as prescribed under existing regulations.
a. Total Stock of High-Quality Liquid Assets 648,271,949,918.36 677,501,765,942.39 a. Total Stock of High-Quality Liquid Assets 658,035,706,902.89 686,260,351,143.18
b. Total Net Cash Outflows 325,224,593,082.84 335,372,925,761.50 b. Total Net Cash Outflows 338,293,380,808.12 337,829,228,057.79
c. Liquidity Coverage Ratio 199.33% 202.01% c. Liquidity Coverage Ratio 194.52% 203.14%
1/ 1/
Common Equity Tier 1 is only applicable to all Universal and Commercial Banks and their subsidiary banks. Common Equity Tier 1 is only applicable to all Universal and Commercial Banks and their subsidiary banks.

We hereby certify that all matters set forth in this Published Balance Sheet are true and correct, to the best of our We hereby certify that all matters set forth in this Consolidated Balance Sheet are true and correct, to the best of our
knowledge and belief. knowledge and belief.

EMMANUEL JESUS G. OSALVO ERIC ROBERTO M. LUCHANGCO EMMANUEL JESUS G. OSALVO ERIC ROBERTO M. LUCHANGCO
Senior Vice President Senior Vice President Senior Vice President Senior Vice President

Member: Philippine Deposit Insurance Corporation. Maximum deposit insurance for each depositor is P500,000.