17

The Bank has no current plans to acquire properties in the next twelve (12) months other than those discussed in
Item 6, Management’s Discussion and Analysis or Plan of Operations under Material Commitments for Capital
Expenditures Section.

The composition of and movements in the properties of the Bank are disclosed in Note 10 of the Audited Financial
Statements as presented in Exhibit 4.

ITEM 3 – LEGAL PROCEEDINGS

Several suits and claims relating to the Group’s operations and labor-related cases remain unsettled. In the opinion of
management, these suits and claims, if decided adversely, will not involve sums having a material effect on the
Group’s financial statements.

PART II – OPERATIONAL AND FINANCIAL INFORMATION

ITEM 5 – MARKET FOR ISSUER’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

In November 1980, the SEC approved and certified the listing of 500,000 common shares of Metrobank’s capital stock
with par value of P100.00 each. On February 26, 1981, the listing and trading of Metrobank’s common shares with
the Makati Stock Exchange, Inc. and Manila Stock Exchange (which unified to become The PSE) took effect with the
trading symbol of MBT. Today, the Bank’s common shares are all listed at the PSE.

Average market prices per share for each quarter within the last two years and subsequent interim periods were as
follows:

MARKET PRICES
YEAR QUARTER ENDED HIGH LOW CLOSE AVERAGE
2022 March 31 60.75 52.00 57.00 56.74
February 28 60.75 53.50 57.10 58.00
January 31 59.20 53.50 58.90 56.67
2021 March 31 51.60 44.40 44.40 47.77
June 30 50.10 43.55 48.70 46.46
September 30 49.50 43.00 43.70 45.88
December 31 57.00 43.70 55.70 50.34
2020 March 31 67.00 35.30 40.00 56.16
June 30 43.00 33.20 37.00 37.77
September 30 39.20 33.10 38.20 35.65
December 31 51.75 38.60 49.05 45.02

Closing price as of April 7, 2022 was P54.05 per share.

Holders

The Bank has 2,979 stockholders as of December 31, 2021.