Amendments to the Reporting Template of PERA in Compliance with the Basic Security Deposit (BSD) Requirement

,,^:,,- BANGKO SENTRAL NG PILIPINAS OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR MEMORANDUM No. M-2020-0^9 To ALL PERSONAL EQUITY AND RETIREMENT ACCOUNT (PERA) ADMINISTRATORS Subject Amendments to the Reporting Template of PERA in Compliance with the Basic Security Deposit (BSD) Requirement Pursuant to Circular No. 1081 dated 4 March 2020 on the Amendments to the Regulations Governing PERA, the amended reporting templates of PERA, in compliance with the BSD Requirement are hereby issued as follows: I. , BSD-PERA-Form I - Quarterly Report on Compliance with the Basic Security Deposit Requirement (Annex A-I); and 2. BSD-PERA-Form 2 - Report on Basic Security Deposit Transactions (Annex A-2). The updated Data Entry Templates, Control Prooflists and the corresponding Certificates of the BSD Reports can be downloaded from htt WWW. bS ov. h SES re ortin tern lates or requested directly from the BSP-Department of Supervisory Analytics thru DSA_request@bsp. gov. ph. Attached as Annexes B and C are the updated reconciliation rules of the BSD Reports against the Financial Reporting Package (FRP) and the FRP for Trust Institutions, The updated BSD-PERA-Form I shall be used beginning 31 December 201.9 report. The quarterly BSD reports for reporting periods 31 December 201.9,31 March 2020 and 30 June 2020 shall be due consistent with the deadlines prescribed under Memorandum No. M-2020-063 dated 7 August 2020. Meanwhile the updated BSD- PERA-Form 2 shall be used prospective Iy for Reports on BSD transactions that are due to be submitted within three (3) banking days from the effectivity of this M emorandum. The other submission guidelines under Memoranda Nos. M-201.9-007 dated 1.4 March 203.9 and M-201.9-014 dated 3 May 201.9 shall continue to apply. For compliance. HUCHI G. FDNACIER Deputy Governor 22 September 2020 A. MobiniSf. , Mode 1004 Manila. Philippines . 1632j 87087701 . WWW. bsp. gov. ph . bspmail@bsp. gov. ph

Annex A-I Form: BSD-PERA-Form-I Category: Category B Deadline: 20 banking days after end of calendar quarter FOR ALL PERA Administrators Name of PERA Administrator Code Address QUARTERLY REPORT ON COMPLIANCE WITH THE BASIC SECURITY DEPOSIT REQUIREMENT As of Account Description Total Base Amount of Required BSD BSD Requirement Inventory of Securities Used as Compliance with BSD Requirement I solemnly swear that all matters set forth in this report including its supporting schedules are true and correct, to the best of my knowledge and belief. Authorized Officer

Annex An Form: BSD*PERA-Form-, Schedule I (Name of PERA Administrator) Computation of Security for Faithful Perrormance of PERA Administrator Date: Account Description Account Code Amount A. BASE AMOUNT OF REQUIRED BASIC SECURITY DEPOSIT PERA Assets under Administration As of uarter-end 100000010015600001 0.00 B. BASIC SECURITY DEPOSIT Basic Securit De OSIt Re ulrement 0.5% of A. 10000000550560000, 0.00 c. INVENTORY OF SECURITIES DEPOSITED As COMPLIANCE 10000000551560000i 0.00 WITH BSD REQUIREMENT Schedule 2 D. EXCESS/ DEFICIENCY 10000000552060000, 0.00

Annex A-I Form: BSD-PERA. Form-, Schedule 2 (Name of PERA Administrator) SECURITIES HELD FOR THE FAITHFUL PERFORMANCE OF PERAADMINISTRATOR UNDER THE BTR REGISTRY Date: DETAILS OF SECURITY (, 000000055,560000, ) AMOUNT DATE Remaining Fair Value (In Absolute PHP Haircut Type ISIN Tenor (Net of Issue Purchase Transfer Maturity (In Percent) Face Purchase Fair Value (In Years) Haircut) minidd/ mmlddl minidd/ minlddl Total 0.00

Form: BSD-PERA-Form-,. QUARTERLY CERTIFICATION ON COMPLIANCE WITH REQUIREMENTS ON BASIC SECURITY DEPOSIT (Name of PERA Administrator) CERTIFICATION (DATE) I, Name of Officer Authorized Officer on behalf of ^LE. E^^c, with office address at (^^19^:I, _after having been duly sworn in accordance with law, hereby certify the following: I. The securities held in faithful performance of PERA Administrator activities are eligible based on the provisions of existing regulations; 2, Fair value methodology with applicable haircuts is used in determining compliance with the basic security deposit requirement in accordance with existing regulations; and 3. The Name of PERA Administrator complies with the required security deposit for the faithful performance of Administrator duties in accordance with existing regulations. SIGNATURE ABOVE PRINTED NAME OF AUTHORIZED OFFICER Subscribed and sworn to before me, this day of affiant exhibiting valid identification indicated below: Name Government ID/Passport No. Date/Place of Issue IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal on the. date and place first above written. Doc. No. Page No. Book No. Series of

Annex A-2 Form: BSD-PERA-Form-2 Category; Category B Deadline: 3 banking days prior to intended date of BSD transaction FOR PERA Administrators Name of PERA Administrator Code Address REPORT ON BASIC SECURITY DEPOSIT TRANSACTIONS A5 of Account Description Total BSD Transaction/s, at fair value rev) net of haircut Ischedule 11 Security/ies for replacement, at FV net of haircut Ischedule 11 PERA Assets under Administration (Schedule 21 BSD Requirement Ischedule 21 Inventory of Securities Deposited as Compliance with the BSD, at FV net of haircut (Schedules 2 and 31 I solemnly swear that all matters set forth in this report including its supporting schedules are true and correct, to the best of my knowledge and belief. Authorized Officer

Annex A-2 Form: BSD-PERA-Form-2 Schedule I REPORT ON BASIC SECURITY DEPOSIT (BSD) TRANSACTIONS (Name of PERA Administrator) Date: TRANSACTIONAL DETAILS Note, ' Mark the applicable box with " I" , as shown: I^ a. F Initial deposit b. F Additional security deposit c. F Deposit for replacement d. F Withdrawal e. F Redemption or maturlty DETAILS OF SECURITY AMOUNT DATE Remaining Fair Value In Absolute PHP Haircut Type ISIN Tenor (Net of Issue Purchase Maturity (In Percent) Face Purchase Fair Value (In Years) Haircut) mmlddl minidd/ minlddl Additional Information on securities that shall be replaced in the event of replacement: a. F Outstanding securlties b. F Maturing securities DETAILS OF SECURITY DATE AMOUNT Remaining Fair Value Haircut Type ISIN Issue Purchase Maturity Tenor (Net of Face Purchase Fair Value (In Percent) Haircut miniddl miniddl minidd/ In Years

Annex A-2 Form: BSD-PERA-Form-2 Schedule 2 (Name of PERA Administrator) REPORT ON BASIC SECURITY DEPOSIT (BSD) TRANSACTIONS AFTER EFFECTING THE TRANSFER Computation of Security for Faithful Performance of PERA Administrator Date: Account Descri tion Amount A. BASE AMOUNT OF REQUIRED BASIC SECURITY DEPOSIT (As OF PREVIOUS CALENDAR QUARTER. END) PERA Assets under Administration As of previous calendar quarter-end P B. BASIC SECURITY DEPOSIT Basic Security Deposit Requirement (0.5% of A. ) P 0.00 c. INVENTORY OF SECURITIES DEPOSITED As COMPLIANCE WITH BSD REQUIREMENT AFTER SECURITIES TRANSFERIREDEMPTION (Schedule 3) P 0.00 D. EXCESS/(DEFICIENCY) P 0.00

Annex A-2 Form: BSD-PERA-Form-2 Schedule 3 (Name of PERA Administrator) SECURITIES HELD FOR THE FAITHFUL PERFORMANCE OF PERA ADMINISTRATOR UNDER THE BTR REGISTRY AFTER SECURITIES TRANSFERS/REDEMPTION Date: DETAILS OF SECURITY AMOUNT DATE Remaining Fair Value In Abso ute PHP Haircut Type ISIN Tenor (Net of Issue Purchase Transfer Maturity (In Percent) Face Purchase Fair Value (In Years) Haircut) miniddl miniddl in inId of miniddl

Form: BSD-PERA-Form-2 CERTIFICATION ON COMPLIANCE WITH REQUIREMENTS ON BASIC SECURITY DEPOSIT TRANSACTIONS (Name of PERA Administrator) CERTIFICATION (DATE) I, Name of Officer Authorized Officer on behalf of Name of PERA Administrator, with office address at (^^^^),_after having been duly sworn in accordance with law, hereby certify the following: I. . The securities held in faithful performance of PERA Administrator activities are eligible based on the provisions of existing regulations; 2. Fair value methodology with applicable haircuts is used in determining compliance with the basic security deposit requirement in accordance with existing regulations; and 3. The Name of PERA Administrator complies with the required security deposit for the faithful performance of Administrator duties in accordance with existing regulations on basic security deposit transactions. SIGNATURE ABOVE PRINTED NAME OF AUTHORIZED OFFICER Subscribed and sworn to before me, this day of , affiant exhibiting valid identification indicated below: Name Government 101Passport No. Date/Place of Issue IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notatial Seal on the date and place first above written. Doc. No. Page No. Book No. Series of

Annex B FRP inter Validation Rules BSD-PERA Basic Security Deposit Report for PERA Admlnlslration FCDWEFCDU TYPE of RIN Particulars Schedule No Account Code/Formulation Peso Accounts Total Amount Instructions REEDndliation In Us $ Peso Equiv Rule/Remarks PERA. 10 PERA Assets under Administration - As of quartenend PERA-Schedl 100000010015600001 X 2.21UNB rRP 38A + rRPTi-E2 4954500020206000004 X 30000001002060000J PERA - 20 B. Basic Security Deposit Requirement PERA-SchedL 100000005505600001 it 2.21UNB FRP 38A + FRPTl-E2 4954SDOOtS05600000+ X 30000000550560000J PERA - 30 C. Compliance with the Basic Security Deposit Requirement PERA-SLh. dl 10000oo055i5600001 it zaruN8 FRP 38A + FRPTl-EZ 4954SDOD1SIDEDOODD+ X 300000005S15600001 PERA - 40 D. Excess/Deficiency PERA-Schedl 100000005S2060000j X 2.21UNB FRP 38A + FRPTl-E2 495450001515600000+ X 300000005520600001 Type of REEDndliation Rule I. Straightforward rules 2. Formula generated rules 2. J. Same account with several CoLU MNS 2.2. Combination of several accounts 3. Conditional rules

Annex C FRP and FRPTl inter Validation Rules BSD-TRUST Basic Security Deposit Report for TRUST Instituti FCDu/EFCDu Type of RIN Particulars Schedule No. Account Code/Formulation Peso Ace Total mount Instruc, Ions In Us $ Peso Equiv Reconciliation TRUST - 10 Trust and Other Fiduciary Accounts TRUST-Schedl 10000iOO^0 + 21uNB 10000200100000^ FRPTl-BS - 100^^^ - Schedule E IBSD 10052^000000000 PERAj TRUST - 11 Trust and Other Fiduciary Accounts Peso Accounts TRUSr-SLhedl 10000i^000000001 FRPTl-A1 - Schedule E 100^^000 - 100,000^^000 - Schedule E 18SD 100520000^^00 PERA; TRUST -12 Trust and Other Fduc, ary Accounts FCDU/EFCDU TRUST-Schedi 100001000^02 FRPTl-A2 - Schedule E 1000^^ - Schedule E jusD 1004^0000^ ' PERAj 100520000000000000 TRUST - 20 Securities Held Under Custodianship Bank Proper TRUSTSchedl 11,0002000S!un^ FRP 38 495220000500100000+ 495220000500200000 TRUST - 21 Securities Held Under Custodianship Trust Department TRUST-Schedl 100002001!unO^ 1.01UNB Schedule E 1004^00^O TRUST 22 Securities Held Under Custodianship Trust Department ICUstodianship) TRUST-SLhedl 10000ZoolOloo^D 1.01UNB Schedule E 100,0000i0^00000 TRUST 23 Securities Held Under Custodianship Trust Department Isecurities Lending I TRUST-SLhedl 100002001005000000 Schedule E 1004000005^Do Type of Reconciliation Rule I Straightforward rules 2. Formula generated rules 2.1. Same account with several COLUMNS 2.2. Combination of several accounts 3. Conditional rules