Union bank

Union Bank of the Philippines: Notice of Annual Meeting of Shareholders

MANILA, Philippines – Please note that the Annual Meeting of Shareholders of Union Bank of the Philippines (“UnionBank”) will be held virtually via https://asm.unionbankph.com* on Friday April 22, 2022 at 1 p.m..

The following agenda has been established for the meeting:

  1. Call to order
  2. Proof of Notice of Meeting and Determination of Quorum
  3. Approval of the minutes of the Combined General Meeting of April 23, 2021 and of the Special General Meeting of August 11, 2021
  4. Chairman’s report to shareholders
  5. Annual Management Report on Operations for 2021 and Approval of Audited Financial Statements as at December 31, 2021
  6. Open forum
  7. Ratification of past actions of the board of directors, board committees and management
  8. Appointment of the Statutory Auditor for the year 2022
  9. Election of directors for the 2022-2023 term
  10. Adjournment

A brief explanation of each agenda item is attached to the information document.

Shareholders of record as of March 11, 2022 will be entitled to receive notice and vote at the annual meeting.

To ensure the health and safety of shareholders and meeting participants, the annual meeting will be held via live webcast. Shareholders may attend, participate and vote only by proxy, remote communication or in absentia using UnionBank’s secure Annual Meeting of Shareholders Portal (“ASM Portal”) at https://asm.unionbankph.com.

Shareholders who intend to participate by remote communication and to exercise their right to vote in absentia on the items on the agenda can register on the ASM portal until 9:00 a.m. (Philippines time) on April 22, 2022this registration being subject to verification and validation by the Secretary General.

The registration requirements and procedures for participating by remote communication and voting electronically in absentia are set forth in the Information Statement and posted on UnionBank’s website at www.unionbankph.com.

Shareholders electing to vote by proxy should submit and mail their proxy form to the attention of the Corporate Secretary at 18th Floor, UnionBank Plaza, Meralco Avenue corner Onyx St., Ortigas Center, Pasig City, Metro Manila, Philippines or by e -email to [email protected] not later than 5:00 p.m. (Philippines time) on April 12, 2022.

The Information Statement, which includes Notice and Agenda, Proxy Form, MD&A and Audited Financial Statements as at December 31, 2021, Annual Report (Form SEC 17-A) and other ASM-related information, can be accessed through the UnionBank website at https://unionbankph.com/about-us/disclosures/annual-stockholders’-meeting and the PSE EDGE portal at https:/ /edge.pse.com.ph. The documents are also accessible by scanning the QR Code.

Requests for hard copies of the above documents can be sent to the Office of the Secretary General by email at [email protected] Given the current circumstances, there may be delays in printing and sending hard copies of documents.

Shareholders can visit UnionBank’s website at https://unionbankph.com/about-us/disclosures/annual-stockholders’-meeting for more information on this year’s annual meeting.

For your information and advice.

Sincerely yours,


Corporate secretary

*For the Bank’s Annual Meeting of Shareholders, the official website is asm.unionbankph.com. For security and privacy reminders, please visit https://www.unionbankph.com/privacy-security. Always make sure you are visiting the correct website.