Rizal Commercial Banking Corporation (RCBC or the Bank) is a universal bank in the

Philippines that provides a wide range of banking and financial products and services. It is one of
the largest universal banks in the Philippines with total consolidated resources of Php645 billion
for full year 2018. The Bank ranked eighth (8th) in terms of assets among private local banks. In
terms of business centers, the Bank, excluding government-owned and foreign banks, ranked sixth
(6th) with a consolidated network of 509 business centers inclusive of 12 extension offices and
supplemented by 1,593 ATMs. As a diversified financial services institution, RCBC serves
corporate and individual banking needs through the most appropriate vehicles to serve its chosen
markets with innovative products and services. With an inclusive financial business model in mind,
in 2009 it ventured into the microfinance business to service the smallest entrepreneurs via the
Rizal Microbank.

RCBC is majority-owned by the Yuchengco Group of Companies (YGC), one of the oldest
and largest conglomerates in Southeast Asia covering over 60 businesses which include the leading
non-life insurance company, Malayan Insurance, a life insurance company joint venture with Sun
Life Financials, Philippines, Sunlife/GREPA Financials; the leading globally-oriented
construction company EEI Corp.; top educational institutions; and vehicle dealerships. Other
significant investors of the bank include the World Bank's International Finance Corporation and
Cathay Life Insurance Co., Ltd., a wholly owned subsidiary of Cathay Financial Holding., Ltd.,
the largest publicly-listed holding company in Taiwan.

The Bank offers commercial, corporate and consumer lending products, cash management
products, treasury products, and remittance services. RCBC also enters into forward currency
contracts as an accommodation to its clients and as a means of managing its foreign exchange
exposures. The Bank and its subsidiaries are engaged in all aspects of traditional banking,
investment banking, retail financing (auto, mortgage/housing loans, credit cards and microfinance
loans), remittance, leasing, foreign exchange and stock brokering. Through its universal banking
license, the Bank is allowed to perform a number of expanded commercial and investment bank
functions and to invest in the equity of a variety of allied and non-allied financial and non-financial
undertakings. The Bank’s subsidiaries are as follows:

RCBC Capital Corporation (RCBC Capital), a 99.96% owned subsidiary, was established in
1974 as the Bank’s investment banking subsidiary. It offers a complete range of investment
banking and financial consultancy services which include (i) the underwriting of equity, quasi-
equity and debt securities on a firm or best efforts basis for private placement or public distribution;
(ii) the syndication of foreign currency or peso loans; and (iii) financial advisory services.

RCBC Securities, Inc. (RCBC Securities), a wholly-owned subsidiary of RCBC Capital, is

engaged in the electronic and traditional trading of listed securities and in providing corporate and
market research. RCBC Bankard Services Corporation (RCBC Bankard), a wholly-owned
subsidiary of RCBC Capital is engaged in providing services to the credit card business of the
Bank.

RCBC Savings Bank, Inc. (RSB), a wholly-owned subsidiary of the Bank, was established in
1996 as the Bank’s consumer banking arm. RSB provides deposit products, real estate loans, auto
loans and personal loans. As of end-December 2018, RSB had 154 business centers and 457 ATMs
nationwide. Subject to Regulatory approval, RSB will be merging with RCBC on July 1, 2019 as
approved by the RCBC Board on November 26, 2018, by the RSB Board on November 27, 2018
and by the Stockholders in February 26, 2019.
RCBC Forex Brokers Corporation (RCBC Forex), a wholly-owned subsidiary of the Bank,
was incorporated in 1998. RCBC Forex is primarily engaged in dealing and brokering currencies
in foreign exchange contracts with local and international clients. In 2016, the foreign exchange
business of RCBC Forex was consolidated into RCBC Treasury Group such that RCBC Forex will
only continue dealing with money changers, foreign exchange dealers and remittance agents. This
will provide synergies such as elimination of redundancy, generation of higher income and
meaningful cost savings, and maintenance of client service/relationship. The integration will also
enhance Treasury group’s presence in the provinces while Forex operations will contribute
extensive experience in documentary review.

RCBC Leasing and Finance Corporation (formely First Malayan Leasing and Finance
Corporation) (RCBC LFC), a 99.31% owned subsidiary of the Bank acquired in March 2012, is a
pioneer in the leasing and financing industry in the Philippines as the company started its
operations in 1957. RCBC LFC is a non-bank financial institution with a quasi-banking license
granted by the Bangko Sentral ng Pilipinas. It serves the requirements of corporate, commercial
and consumer markets through its innovative loans, leases and investment products. RCBC Rental
Corporation is a wholly owned subsidiary of RCBC LFC engaged in renting and leasing business
machines, transport vehicles and heavy equipment under an operating lease arrangement.

Responding to an ever-growing digital consumer base, RCBC continually innovates its

products and services to match the dynamic consumer needs in the digital space. Providing ease
and convenience, in 2007, it launched the RCBC MyWallet. This all-in-one card allows customers
to enjoy electronic banking convenience anytime, anywhere and it lets customers do transactions
like a regular ATM card: withdrawals, cashless shopping, balance inquiry and bills payment--all
these, without the hassles of keeping a monthly maintaining balance. To further supplement its
electronic banking capability, RCBC launched its retail online channel soon after, as a personal
internet banking system. RCBC OnlineBanking allows customers to have a better online banking
experience with its features such as enhanced and customizable user interface, real-time
presentation of Bankard credit card transaction history, prepaid mobile loading and viewing of
investments and RCBC Savings bank loans. This is also available as a mobile application.
RCBC is also committed to uplifting its customers’ lives through various community
enhancement projects, corporate social responsibility programs, and social empowerment
ventures. These include the Earth Care-tree planting drive, Green ATM project in partnership with
ABS-CBN, goat-livelihood donation program, micro financing services, among many others.
A pioneering financial services organization, RCBC has received numerous awards from
various institutions including "Best Banking Group in the Philippines, "SME Bank of the Year",
"Overall Best Private Bank in the Philippines", Domestic Retail Bank of the Year; and
"Philippines' Overall Best for Interest Rates, and Best Cash Management Bank in the Philippines.