[Amend-1]Ayala Land, Inc.: Stock Option Plan - Additional Listing

About this update from Ayala Land Inc.

NOTICE Subject Ayala Land, Inc.: Stock Option Plan - Additional Listing Company Name Ayala Land, Inc. Security Details Type of Security Stock Symbol Par Value Common Shares ALI Php 1.00 Total SOP Shares Approved for Listing Stock Symbol Type/s of SOP No. of Shares ALI ESOP 147,468,393 ALI ESOWN 147,468,392 ALI ESOWN 200,000,000 Date of PSE Approval Jul 11, 2018 Summary of Shares to be Listed Stock Symbol Type/s of SOP Number of Common Shares Fully-Paid ALI 2016 ESOWN 7,200 ALI 2017 ESOWN 23,183 ALI 2018 ESOWN 9,820 ALI 2019 ESOWN 7,583 Total Shares Listed under SOP Stock Symbol No. of Shares ALI 190,685,096 Listing Date Mar 15, 2022 Adjustments Issued Shares (if applicable) Type of Security / Stock Symbol Before After ALI 15,381,195,961 15,381,195,961 Outstanding Shares (if applicable) Type of Security / Stock Symbol Before After ALI 14,795,594,779 14,795,594,779 Listed Shares Type of Security / Stock Symbol Before After ALI 14,553,949,910 14,553,997,696 Other Relevant Information On August 27, 2009, the Exchange approved the application of Ayala Land, Inc. ("ALI" or the "Company") to list up to 294,936,785 common shares, with a par value of Php 1.00 per share, divided into 147,468,393 common shares to cover the Company's Employee Stock Option Plan ("ESOP"), and 147,468,392 common shares to cover the Company's Employee Stock Ownership Plan ("ESOWN"). The exercise price for the ESOP and ESOWN, whichever is applicable at the time of exercise, is as follows: 1. 85% of (i) Php 26.00 per share or (ii) the average of the closing price of ALI for the month preceding the month of eligibility; and 2. Average closing price of ALI for the month prior to the month of eligibility. Further, on July 11, 2018, the Exchange approved the application of Ayala Land, Inc. ("ALI" or the "Company") to list additional 200,000,000 common shares to cover its Employee Stock Ownership Plan ("ESOWN"). The exercise price for the ESOWN is based on the average closing price of ALI's shares in the Exchange for 30 consecutive trading days with a discount to be determined by the Compensation Committee. Likewise, the 190,685,096 shares listed under the SOP was granted from the Total SOP Shares Approved for Listing illustrated above. In this connection, ALI advised the Exchange that an additional 47,786 common shares have been availed and fully paid under the Company's ESOWN. The number of ALI's listed common shares will be accordingly adjusted on the listing date. This notice is being amended to reflect the correct number of of common shares fully-paid under 2019 ESOWN. For your information and guidance. Filed on behalf by: Name Norberto Moreno Jr. Designation Listings Department

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