IF ANY. - PNOC EC Corporation Information Sheet.… · the affected page of the gcis that relates to the new information together with a cover letter signed by the ... bldg. 1, energy

GC RNMENT CORPORATION INFORMATION imET (GCIS)

FOR THE YEAR 2012

GENERAL INSTRUCTIONS:1. FOR GOVERNMENT CORPORATION: THIS GCIS SHOULD BE SUBMITTED WITHIN THIRTY (30) CALENDAR DAYS FROM THE DATE OF

RELEASE OF MEMORANDUM CIRCULAR NO. a AND SUBSEQUENTLY THEREAFTER, 30 DAYS FROM THE DATE OF THE STOCKHOLDERS'MEETING. DO NOT LEAVE ANY ITEM BLANK. WRITE "NA." IF THE INFORMATION REQUIRED IS NOT APPLICABLE TO THE GOVERNMENTCORPORATION OR "NONE" IF THE INFORMATION IS NON-EXISTENT.

2, IF NO MEETING IS HELD, THE CORPORATION SHALL SUBMIT THE GCIS TOGETHER WITH AN AFFIDAVIT OF NON-HOLDING OF MEETINGWITHIN THIRTY (30) CALENDAR DAYS FROM THE DATE OF THE SCHEDULED ANNUAL MEETING (AS PROVIDED IN THE BY-LAWS).HOWEVER, SHOULD AN ANNUAL STOCKHOLDERS' MEETING BE HELD THEREAFTER, A NEW GCIS SHALL BE SUBMITTED/FILED.

3, THIS GCIS SHALL BE ACCOMPLISHED IN ENGLISH AND CERTIFIED AND SWORN TO BY THE CORPORATE SECRETARY OF THEGOVERNMENT CORPORATION.

4 THE GCG SHOULD BE TIMELY APPRISED OF RELEVANT CHANGES IN THE SUBMITTED INFORMATION AS THEY ARISE, FOR CHANGESRESULTING FROM ACTIONS THAT AROSE BETWEEN THE ANNUAL MEETINGS, THE GOVERNMENT CORPORATION SHALL SUBMIT ONLYTHE AFFECTED PAGE OF THE GCIS THAT RELATES TO THE NEW INFORMATION TOGETHER WITH A COVER LETTER SIGNED BY THECORPORATE SECRETARY OF THE GOVERNMENT CORPORATION. THE PAGE OF THE GCIS AND COVER LETTER SHALL BE SUBMITTEDWITHIN SEVEN (7) DAYS AFTER SUCH CHANGE OCCURRED OR BECAME EFFECTIVE.

5. SUBMIT A SOFT COPY IN EXCEL FORMAT SAVED IN A NON-REWRITABLE CD THE GCIS TO THE GCG SECRETARIAT, ROOM 479 MABINIHALL, MALACANANG COMPOUND,

6. ONLY THE GCIS ACCOMPLISHED IN ACCORDANCE WITH THESE INSTRUCTIONS SHALL BE CONSIDERED AS HAVING BEEN FILED,

7. THIS GCIS MAY BE USED AS EVIDENCE AGAINST THE GOVERNMENT CORPORATION AND ITS RESPONSIBLE DIRECTORS/OFFICERS FORANY VIOLATION OF EXISTING LAWS, RULES AND REGULATIONS

PLEASE PRINT LEGIBLY

GOVERNMENT CORPORATION NAME:

DATE CREATED:PNOC EXPLORATION CORPORATION

SECONDARY NAME, IF ANY. None20-Apr-76

CHARTER, IF ANY. None FISCAL YEAR END:

December 31

DATE OF ANNUAL MEETING PER BY-LAWS: CORPORATE TAX

fat day of July IDENTIFICATION NUMBER(TIN) 000-169-576.000

ACTUAL DATE OF ANNUAL MEETING: URL ADDRESS:

2-Jul-12 WWW.DnOC.eC.COm .Dh

COMPLETE PRINCIPAL OFFICE ADDRESS:

Bldg. 1, Energy Center, Rizal DrIve, Bonitaclo Global City, Taguig 1634 E-MAIL ADDRESS:

COMPLETE BUSINESS ADDRESS:jcstaanapnoc-ec.com.ph

FAX NUMBER:Bldg. 1, Energy Center, Rizal Drive, Bonlfaclo Global City, Tagulg 1634 (632) 840-2026

NAME OF EXTERNAL AUDITOR & ITS SIGNING PARTNER: ATTACHED AGENCY (It TELEPHONE NUMBER(S):applicable): N/A

Commission on Audit - Att y. Edna 0. Santos (632)479-9400

PRIMARY PURP05EJAC11VITY/INDUSTRY PRESENTLY ENGAGED IN: GEOGRAPHICAL CODE:

Energy Resources Development, Exploration, Exploitation and Utilization

=n==tccc-_t INTERCOMPANY AFFILIATIONSPARENT COMPANY ADDRESS

Philippine National Oil Company Bldg. 6. Energy Center, Rizal Drive, BGC, Taguig, MM

SUBSIDIARY!AFFILIATE ADDRESS

PNDC Malampaya Production Corp. ("PMPC") Bldg. 1, Energy Center, RIzal Drive, BGC, Taguig, MM

NOTE: USE ADDITIONAL SHEET IF NECESSARY

GCIS lv 20121 Pap I

• 'I

GOVERNMENT CORPORATION INFORMATION SHEET

================================ PLEASE PRINT LEGIBLY

GOVERNMENT CORPORATION NAME: PNOC EXPLORATION CORPORATION

CAPITAL STRUCTUREAUTHORIZED CAPITAL STOCK, if applicable

TYPE OF SHARES • NUMBER OF PARJSTATED VALUE AMOUNT (PhP)SHARES (No. of shares X Par/Stated Value)

Common -?JPP.&%Q9QO-1.00 -2,iOO,000,00Q0Ocommon s -IL4QQ000,000 -190----

TOTAL 3,500,000,000 TOTAL P 3,500,000,000.00SUBSCRIBED CAPITAL, If applicable

NUMBER OF

NO.OF NUMBER OF PA AESHARESIN RIST T D

FILIPINO STOCK- TYPE OF SHARES * THE HANDS AMOUNT (PhP) OWNERSHIPSHARESHOLDERS OF THEPUBLIC **

-

CommonA -IcleL

1.00 1,52a253965.00-109%1 Common B -

2 002 004 265 TOTAL TOTAL PI

47PJfi1?90 &218J$5 tP

---002,004,265.00

4flZ12PPQ0 1QQ°&

----------,2, PAID-UP CAPITAL, if applicable

NO.OF NUMBER OF %OF

FILIPINO STOCK- TYPE OF SHARES •HARE PARISTATED VALUE AMOUNT (P1W)

HOLDERS SHARES OWNERSHIP

1 Common A 1,522,253,065 1.00 1522,253,065.00 100%

1,319 Common B 479,751,200 1.00 479,751,200.00 100%

__________ ------- - --- _9I L 2,002,004,265 TOTAL P 2,002,004,265,00


GCIS (v.2012) Page 2


PLFARF PRINT I FflIRI VGOVERNMENT CORPORATION NAME:

PNOC EXPLORATION CORPORATION

DIRECTORS I OFFICERS

NAME, NATIONALITY AND PRESIDENTIAL STOCK EXEC. TAX IDENTIFICATION COMPENSATION DESIGNATION TO OTHER BOARDSCURRENT RESIDENTIAL ADDRESS APPOINTEE BOARD HOLDER Officer

COMM. NO. (TIN) PACKAGE/YR OF AFFILIATESISUBSIDIARIES

1. Gemiliano C. Lopez, Jr., Filipino, Per EO No. 2419 West Avenue, Quezon City V C V N/A 137-436-812 Plese see Annex A

for details2. Pedro A. Aquino, Jr., Filipino, 170,000.00/mo

550 M. Almeda St., Pateros, Metro 'V M 'VPres. &

CEO 105-558-554 Please see Annex BManila for details

3. Rafael E. del Pilar, Filipino, Per EQ No. 24 PMPC15 C.P. Romulo, Pacific Malayan Village, V M V N/A

NC 115-349-485Plese see Annex A President and CEO

Cupang Muntinlupa City for details4. RuIlno B. Bomasang, Filipino, V M V N/A Per EQ No. 24

8135 Santol St. 108-104-804 Plese see Annex AMarcelo Green C/M

for details5. Armando P. Galimba, Filipino. V M V N/A Per EQ No. 24 PMPC

Gen. Luna Road, Baguio City C/C 140-136-846 Plese see Annex A Director6. Francisco T. Ignalaga, Jr., Filipino, V M V N/A Per EQ No. 24

8th/F Strata 2000 Bldg. Ortigas Center NM & 182-029-662 Plese see Annex APasig City C/M for details

7. Luis Ma. C. Uranza, Filipino, V M V N/A Per EQ No. 24Rm 400-0 4th/F Delta Bldg. Cor. West NM & 113-361-544 Plese see Annex AAve & Quezon City C/M for details

8. Leopoldo E. Petilla, Filipino. V M V N/A Per EQ No. 24Petilla Apartment, Real St. Tacloban NM 925-044-274 Plese see Annex ACity for details

9. Niel D. Tupas, Sr., Filipino, 'V M Y N/A Per EQ No. 24#5 Purdue St. Cubao, Quezon City AIM & 105-549-377 Plese see Annex A

CJM for detailsINSTRUCTIONS:

FOR BOARD COLUMN. PUT "C" FOR CHAIRMAN. "M" FOR MEMBER, "I" FOR INDEPENDENT DIRECTOR,FOR PRESIDENTIAL APPOINTEE COLUMN, PUT "Y" IF A PRESIDENTIAL APPOINTEE 'N' IF NOT.FOR STOCKHOLDER COLUMN, PUT 'V' IF A STOCKHOLDER, 'N" IF NOTFOR OFFICER COLUMN, INDICATE PARTICULAR POSITION IF AN OFFICER, FROM VP UP INCLUDING THE POSITION OF THE TREASURER,

SECRETARY, COMPLIANCE OFFICER AND/OR ASSOCIATED PERSON.FOR EXECUTIVE COMMITTEE. INDICATE "C" IF MEMBER OF THE COMPENSATION COMMITTEE; "A' FOR AUDIT COMMITTEE; "N" FOR NOMINATION

AND ELECTION COMMITTEE, ADDITIONALLY WRITE "C" AFTER SLASH IF CHAIRMAN AND M" IF MEMBER.



PLEASE PRINT LEGIBLYGOVERNMENT CORPORATION NAME:


DIRECTORS I OFFICERSNAME, NATIONALITY AND PRESIDENTIAL STOCK EXEC. TAX IDENTiFICATION COMPENSATION DESIGNATION TO OTHER BOARDS

CURRENT RESIDENTIAL ADDRESS APPOINTEE BOARD HOLDER EX.OfIlcIo COMM. NO. (TIN) PACKAGUYR OFAFFILIATESISUBSIDIARIES10.Lourdes S. 43elacio, Filipino, N N 197,189.001mo PMPC

Treasurer/807 Jackielou Ave., Jackielou yule VP-Corp. N/A 206-540-301 Plese see TreasurerSubdivision, BF Homes, Paranaque City services Annex C for

details11.Raymundo B. Savella, Filipino, N N VP-

N/A 171,945.00/mo49C Mabait St. Teacher Village East Petroleum 115-349-637 Plese see

Diliman Quezon City & Coal Ops Annex C fordetails

12.Joseph Omar A. Castillo, Filipino, N/A 160,000.001mo

#3 Tirad Pass St. Sta, Mesa Heights N N Business Plese see

OpsQuezon City 909-197-296 Annex C for

details13.Manuel C. Mendoza, Filipino. N/A 135,000.00/mo

5 Dalahican, Damar Village, Quezon City VP-N N Treasury & 109-927-325 Plese see

Planning Annex C fordetails

14.Sulvestre R. Punsalan Ill, Filipino, N/A 125,000.00/mo405 La Mesa St. Ayala Alabang, N N Compliance 152-808-166 Plese seeMuntinlupa City Officer Annex C for

detailsIS. Jose C. Sla. Ana. Filipino, N/A 154,809.00/mo PMPC

12 Cambridge St. Hillsborough Village, N N Gen. Counsel 132-181-808 Plese see Compliance OfficerAtabang Muntinlupa & Corp. Sec. Annex C for

detailsINSTRUCTIONS:

FOR BOARD COLUMN. PUT "C" FOR CHAIRMAN, 'M" FOR MEMBER, .... . FOR INDEPENDENT DIRECTOR,FOR PRESIDENTIAL APPOINTEE COLUMN, PUT 'i" IF A PRESIDENTIAL APPOINTEE "N" IF NOT.FOR STOCKHOLDER COLUMN, PUT"?' IF A STOCKHOLDER. 'N' IF NOT.FOR OFFICER COLUMN. INDICATE PARTICULAR POSITION IF AN OFFICER. FROM VP UP INCLUDING THE POSITION OF THE TREASURER,

SECRETARY, COMPLIANCE OFFICER AND/OR ASSOCIATED PERSON.FOR EXECUTIVE COMMITTEE. IN0ICATE "C IF MEMBER OF THE COMPENSATION COMMITTEE; "A" FOR AUDIT COMMITTEE; "N" FOR NOMINATION

AND ELECTION COMMITTEE. ADDITIONALLY WRITE t" AFTER SLASH IF CHAIRMAN AND "M" IF MEMBER.


)


BOARD

Audit and Risk ManagementCommittee

Compensation, Education &Employee Welfare Committee

see page 5-a

see page 5-a

Dir. Rafael E. del Pilar (Chairman)

Dir. Leopoldo E. Petilla (Member)Dir. Luis Ma. C. Uranza (Member)Dir. Francisco T. Ignalaga Jr. (Member)Dir. Niel D. Tupas, Sr. (Member)

Dir. Armando P. Galimba (Chairman)

Project Development & New 1 Please see page 5-aVentures Committee

Environment, CommunityRelations, and Quality Control IPlease see page 5-a

Committee

Rufino B. Bomasang (Member)Luis Ma. C. Uranza (Member)Francisco T. Ignalaga, Jr. (Member)Niel D. Tupas Sr. (Member)

Rufino B. Bomasang (Chairman)

Rafael E. del Pilar (Member)Armando P. Galimba (Member)Leopoldo E. Petilla (Member)Niel D. Tupas Sr. (Member)

Niel D. Tupas, Sr. (Chairman)

Francisco T. Ignalaga Jr. (Member)Rafael E. del Pilar (Member)

Executive Committee Please see page 5-a Chairman Gemiliano C. Lopez Jr. (Chairman)Dir, Pedro A. Aquino, Jr. (Member)Dir. Leopoldo E. Petitla (Member)Dir. Rufino B. Bomasang (Member)Dir. Armando P. Galimba (Member)Dir. Luis Ma. G. Uranza (Member)





Audit and Risk Management Committee1.Check all financial reports against their compliance with both the internal finacial management handbook and pertinentaccounting standards, including regulatory requirements.2.Perform oversight financial management functions specifically in the areas of managing credit, market, liquidity,operational, legal and other risks of the Company, and crisis management.3.Pre-approve all audit plans, scope and frequency one (1) month before the conduct of external audit.4.Perform direct interface functions with the internal and external auditors.5.Elevate to international standards the accounting and auditing processes, practices and methodologies and develop thefollowing in relation to this reform: (a) A definitive timetable within which the accounting system of the Company will be100% International Accounting Standard (lAS) compliant; and (b) An accountability statement that will specifically identifyofficers and/or personnel directly responsible for the accomplishment of such task.

Develop a transparent financial management system that will ensure the integrity of internal control activities throughoutcompany through a step-by-step procedures and policies handbook that will be used bt the entire organization.

Education and Employee Welfare Committee1. Establish a formal and transparent procedure for developing a policy on executive renumeration and for fixing therenumeration packages of corporate officers and directors, and provide oversight over renumeration of senior managementand other key personnel ensuring that compensation is consistent with the Company's culture, strategy and control

Designate amount of renumeration, which shall be in a sufficient level to attract and retain directors and officers who areeded to run the Company successfully.Establish a formal and transparent procedure for developing a policy on executive renumeration and for fixing theiumeration packages of individual directors, if any, and officers.Develop a form on Full Business Interest Disclosure as part of the pre-employment requirements for all incomingicers, which among others compel all officers to declare under the penalty of perjury all their existing business interestsshareholdings that may directly or indirectly conflict in their performance of duties once hired.Disallow any director from deciding on his or her own renumeration.Provide in the Company's annual reports, information and proxy statement a clear, concise and understandableclosure of compensation of its executive officers for the previous fiscal year and the ensuing year.Review of the existing Human Resources Development or Personnel Handbook, to strengthen provisions on conflict oferest, salaries and benefits policies, promotion and career advancement directives and compliance of personnelncerned with all statutory requirements that must be periodically met in their respective posts.Review and evaluate the education and welfare benefits of the Company.

9. Provide policy directions on the education and welfare benefits of the Company.Project Development and New Ventures Committee1.Review, evaluate, and monitor current and new projects being undertaken by the Company.2.Recommend to and assist the Board on matters affecting current and new projects of the Company.Environment, Community Relations, and Quality Control Committee1.Review, evaluate, and monitor the Company's projects and programs and their effects on the environment.2.Review, evaluate and monitor the conduct of the Company's community/external relations activities.3.Review, evaluate and monitor the quality control process of the Company.4.Recommend measures to and assist the Board on environmental, community relations and quality control issuesaffceting the Company.Executive Committtee

;e with and aid the officers of the Company in all matters concerning its interests and the management of the businessin between meetings of the Board of Directors, shall have and may exercise all the powers of the Board of Directors

may be deleaated to it by said Board.


GCIS (v.2012)

Page 5-a


PLEASE PRINT LEGIBLYGOVERNMENT CORPORATION NAME: PNOC Exploration Corporation

LIST OF AFFILIATES/SUBSIDIARIES DESCRIPTION NATURE EXTENT OF INVESTMENT

PNOC Malanipaya Production Corp. Energy Resources 100% Ownership of PMPC/ Php 62499500Development,Exploration, andUtilization


S

GCIS (v.2012) Page6


PLEASE PRINT LEGIBLYGOVERNMENT CORPORATION NAME: PNOC Exploration Corporation

TOTAL NUMBER OF STOCKNOLDEF 1,320TOTAL ASSETS BASED ON LATEST AUDITED FINANCIAL STATEMENTS: 12,942,769,959

STOCKHOLDER'S INFORMATIONSHARES SUBSCRIBED

NAME, NATIONALITY, IF APPLICABLE AND % OFAMOUNT PAID TAX IDENTIFICATION

AMOUNT (PhP), IF NO. (TIN) FORCURRENT ADDRESS TYPE NUMBER (P1W)

OWNER- APPLICABLE FILIPINOSSHIP

1. PNOC Common

Filipino Stock

Bldg. 6 Energy Center, Merritt Rd., Fort A 1.522,253065 1,522,253065.00 76.03% 1,522,253.065,00 000-169-191-000Bonifacio, Taguig City

TOTAL 1,522,253,065 1,522,253,065.00

2. PNOC Common

Filipino Stock

Bldg, 6 Energy Center. Merritt Rd., Fort B 475.532.415 475,532,415.00 23.75% 475.532.415.00 000-169-191-000Bonifacio. Taguig City TOTAL 475,532,415 475,532,415.00

3. PCD Nominee Corporation Common

Filipino Stock

371' Tower 1, The Enterprise Center 6766 B 829,800 829,800.00 0,04145% 829,800.00 050-004-774449Ayala Ave., Makati City 1226

TOTAL 829,800 829,800.00

4. Dychiao, Vicente Common

Filipino Stock

No. 37 N. Domingo St., Quezon City B 100,000 100,000.00 0,00499% 100,000.00 163-891-400

TOTAL 100,000 100,000.00

5, Espino, Romeo C. Common

Filipino Stock

Camp Aguinatdo, Quezon City B 50.000 50,000,00 0.00250% 50,000,00 438-040-870

TOTAL 50,000 50,000.00

6. Go, Detfin Common

Filipino Stock

do Uyanguren Hardware, Davao City B 50.000 50,000.00 0.00250% 50.000,00 253-628-000

TOTAL 60,000 50,000.00

7. Onglatco, Alexander C. Common

Filipino Stock

No. 673, Rizal Ave., Manila B 50,000 50,000.00 0.00250% 50,000.00 141-880-980

TOTAL 50,000 50,000,00

TOTAL AMOUNT OF SUBSCRIBED CAPITAL

TOTAL AMOUNT OF PAID-UP CAPITAL

20owners owning more

Attach

GCIS (v.2012) Page?


PLEASE PRINT LEGIBLYCORPORATE NAME: PNOC Exploration Corporation

TOTAL NUMBER OF STOCKHOLDERS: 1,320TOTAL ASSETS BASED ON LATEST AUDITED FINANCIAL STATEMENTS: 12,942769,959

STOCKHOLDERS INFORMATION

NAME, NATIONALITY, IF APPLICABLE ______SHARES SUBSCRIBED

AMOUNT PAID TAX IDENTIFICATION NO,AND AMOUNT % OF (PhP) (TIN)CURRENT ADDRESS TYPE NUMBER

(PhP) OWNER-SHIP

8. Villaneva, Francisco M. CommonFilipino Stock

No. 1555 Bambang, Sta. Cruz, B 50,000 50,000.00 0,00250% 50,000.00 160-936-000Manila TOTAL 50,000 50,000.00

9. Young, George U. Jr. CommonFilipino Stock

33E EIB Plaza, Chino Roces Ave, B 50,000 50,000.D0 0.00250% 50,000.00 137-206-162Cor Sen. Gil Puyat Ave., Makati TOTAL 50,000 50000.001231

10. Oropilla, Ouintin F. CommonFilipino Stock

90 Maginhawa St. Teachers Village B 40,000 40,000.00 0.00200% 40,000.00 252-173-252East Dilinian Quezon City TOTAL 40,000 40,000.00

II. Lui, Mary Uy CommonFilipino Stock

71 Flamingo St. Greennieadows B 30,000 30,000.00 0.00150% 30,000.00 168-205-161Subd. Quezon City 1100 TOTAL 30,000 30,000.00

12. The Best Company Inc. CommonFilipino Stock

P. 0. Box 634, Manila 1045 8 30,000 30,000.00 0.00150% 30,000.00 151-358-203

TOTAL 30,000 30,000.00

13. Chua, Josephine CommonFilipino Stock

1867 Sagu St., Dasmarinas Village B 20.000 20,000.00 0.00100% 20,000.00 114-274-220Makati City 1200 TOTAL 20,000 20,000.00

14, Chui, Ernesto L. Quirobin CommonFilipino Stock

do QUirobin Consi. Sup Co., Rizal B 20,000 20,000.00 0.00100% 20,000,00 430-906-200St., Mandaue City 6014 TOTAL

20,000 20,000.00

TOTAL AMOUNT OF SUBSCRIBED CAPITAL


INSTRUCTION: SPECIFY THE TOP 20 STOCKHOLDERS AND INDICATE THE REST AS OTHERS

GCIS (v.2012) PageO

GOVERNMENT CORPORATION INFORMATION SHEETPLEASE PRINT LEGIBLY

CORPORATE NAME: PNOC Exploration Corporation

TOTAL NUMBER OF STOCKHOLDERS: 1,320TOTAL ASSETS BASED ON LATEST AUDITED FINANCIAL STATEMENTS: 12,942,169,959

STOCKHOLDERS INFORMATION

SHARES SUBSCRIBEDNAME, NATIONALITY AND % OF AMOUNT PAID TAX IDENTIFICATION NO.

CURRENT RESIDENTIAL ADDRESS TYPE NUMBER AMOUNT OWNER- (PhP) (TIN)(PhP) SHIP

15.Concepcion, Jesusa Common

Filipino Stock

2 Balete St., Forbes Park, Makati City B 20,000 20,000.00 0.00100% 20.000,00 115-100-1301220 TOTAL

20,000 20,000.00

16.Galang, Jacinto A. Jr. CommonFilipino Stock

0-110 McArthur Ave., FL Bonifacio, B 20,000 20000.00 0.00100% 20,000.00 438-298-520Makati City 1201 TOTAL

20,000 20,000.00

17.Lazatin, Esteban Common

Filipino Stock

303 Aguirre Ave., Paranaque City B 20,000 20,000.00 0.00100% 20,000.00 131-431-0201700 TOTAL

20,000 20,000.00

18 Ong, Emil L. CommonFilipino Stock

431 0. Paredes St. Manila 1000 B 20,000 20,000.00 0.00100% 20,000.00 141-707-570TOTAL

20,000 20,000.00

19. Re, Gloria S. Common

Filipino Stock

P. 0. Box 1823, Manila 1058 B 20,000 20,000.00 0.00100% 20,000.00 155-176-750TOTAL

20,000 20,000.00

20, Santani, Prakash N. CommonFilipino Stock

P.O Box 1957. Manila B 20,000 20,000.00 0.00100% 20,000.00 125-216-552TOTAL

20,000 20,000.00

21. OTHERS (1,300 remaining Commonstockholders)Filipino Stock 2,778,985 2,778,985.00

8 2,778,985 2,776,985.00 0.13881% 2,778,985.00TOTAL

TOTAL AMOUNT OF SUBSCRIBED CAPITAL2,002,004,265.00


INSTRUCTION: SPECIFY THE TOP 20 STOCKHOLDERS AND INDICATE THE REST AS OTHERS





1. INVESTMENT OF CORPORATE AMOUNT (PIP) DATE OF BOARD RESOLUTIONFUNDS IN ANOTHER CORPORATION1.1 STOCKS None N/A

1.2 BONDS/COMMERCIAL PAPER (Issuedby Private Corporations, IF None N/AAPPLICABLE)

1.3 LOANS! CREDITS! ADVANCES None N/A

1.4 GOVERNMENT TREASURY BILLS None N/A

1.5 OTHERS None N/A

2. INVESTMENT OF CORPORATE FUNDS IN ACTIVITIES UNDER ITS DATE OF BOARD DATE OFSECONDARY PURPOSES (PLEASE SPECIFY:) RESOLUTION STOCKHOLDERS

RATIFICATIONESS Operations

Nov. 29, 1993 Jun. 28, 1994

3. TREASURY SHARES NO OF SHARES % AS TO THE TOTAL NO.

OF SHARES ISSUED

248,800 0.01%

4. UNRESTRICTED/UNAPPROPRIATED RETAINED EARNINGS AS OF END OF LAST FISCAL YEAR 2,161,427,8375. DIVIDENDS DECLARED DURING THE IMMEDIATELY PRECEDING YEAR:

TYPE OF DIVIDEND AMOUNT (P1*) DATE DECLARED

5.1 CASH 5,007,229,862 March 1 & July 12, 20115.2 STOCK N/A5.3 PROPERTY N/A

TOTAL P 5,007,229,8626. ADDITIONAL SHARES ISSUED DURING THE PERIOD:

DATE NO. OF SHARES AMOUNTN/A N/A N/A

SECONDARY LICENSE/REGISTRATION WITH SEC AND/OR OTHER GOV'T AGENCY:NAME OF AGENCY: SEC BSP ICTYPE OF N/A N/A N/ALICENSE/REGN.DATE ISSUED: N/A N/A N/A

DATE STARTED N/AOPERATIONS: N/A N/A

TOTAL ANNUAL COMPENSATION OF TOTAL NO. OF OFFICERS TOTAL NO. OF RANK & TOTAL MANPOWERDIRECTORS DURING THE PRECEDING FILE & OTHER COMPLEMENT

FISCAL YEAR (In PhP) EMPLOYEES

2,765,000.00 24 297 321

I 011011019 ISI]t1IS] 01 Ul I&*]IalIrs tV/MV IGCIS (v.2012) Page 10

FOREIGN COMPONENTGrant

N/A N/A

al Localnoonent Total Cost

NO SUPPORT SUBSIDY IProlect I Tax I Bank loans

N/A I N/A I N/A

Status

N/A

Other Source

18,665,591335,421441,530405,539

26,004,39818,777,825

723,732

18,665,591335,421441,530405,539

26,004,39818,777,825

723,732

18,665,591335,421441,530405,539

26,004,39818,777,825

723,732

20,282,41325.706,428

9,186,677301,879,939

6,526,993

20,282,41325,706,4289,186,677

301,879,9396,526,993

20,282,41325,706,4289,186,677

301,879,9396,526,993



CORPORATION NAME: PNOC EXPLORATION CORPORATION

FOR THE YEAR 2011

VESTMENT PROJECTS:BELA COAL PROJECT (COC 122)BELA COAL EXPLORATION NEW AREA (COC 141)RIGAO COAL PROJECT (COC 140)X COAL PROJECT (COC 152)MBOG COAL PROJECTLONGON & ALEGRIA COAL PROJECT (COC 41)MW MALANGAS POWERPLANT

PEX ACQUISITIONS:NERAL PLANT FACILITIESRNITURES, FIXTURES & EQUIPMENTTENTIFIC EQUIPMENTELLS, PLATFORMS AND OTHER FACILITIESNSTRUCTION IN PROGRESSRINE EQUIPMENT AND FACILITIES

432,965,761 432,965,761

COtS (v.2012) Page 11




INCOME STATEMENTFor the year: 2011

GCIS (v.2012)

Page 12



CORPORATION NAME: PNOC EXPLORATION CORPORATION

CASH FLOW STATEMENTFor the year: 2011


I I



3OVERNMENT CORPORATION NAME: PNOC EXPLORATION CORPORATION

Fortheyear: 2011

CASH AND INVESTMENT BALANCE REPORT

TERM(No. RATE(PerAMOUNT of Days) Annum) DATE

I. Cash on Hand 546,456 Issue Maturity

It. Cash in Banks 359,688348III.Net Deposits with BTr

IV.Special Series(Treasury Bills) with BangkoSentràl (Identify thoseunder trust agreements)

V.Special Series Placements

with BTr (Identify those under

trust agreements

VI.Investments in Other Securities1.25% to

VII.Others (Peso and Dollar Placements) 1,487,602,170 1-350 days 4.6875% various various

GGIS (v.2012) Page 14




GOVERNMENT CORPORATION INFORMATION SHEETPLEASE PRINT LEGIBLY ========-=========

jGOVERNMENT CORPORATION NAME: PNOC EXPLORATION CORPORATION

GCIS (v 2012) Page 16



CHART OF ACCOUNTSFor the year: 2011


I

JOSE C. STA. ANA , Corporate Secretary OF THE ABOVE-MENTIONED(NAME) (POSITION)

GOVERNMENT CORPORATION DECLARE UNDER THE PENALTY OF PERJURY, THAT ALL MATTERS SET FORTHTHIS GOVERNMENT CORPORATION INFORMATION SHEET WHICH CONSISTS OF ( i ) PAGES HAVE BEEN MiIN GOOD FAITH, DULY VERIFIED BY ME AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, ARE TRUE AND

I UNDERSTAND THAT THE FAILURE OF THE CORPORATION TO FILE THIS GIS FOR FIVE (5) CONSECYEARS SHALL BE CONSTRUED AS NON-OPERATION OF THE CORPORATION AND A GROUND FORREVOCATION OF THE CORPORATIONS CERTIFICATE OF INCORPORATION. IN THIS EVENTUALITY,CORPORATION HEREBY WAIVES ITS RIGHT TO A HEARING FOR THE SAID REVOCATION.

DONE THIS 31st DAY OF July, 2012 IN Taguig City.

,t----SIGNATURE) i1

SUBSCRIBED AND SWORN TO BEFORE ME IN T cITY/PROVINCE, PHILIPPINES orAUG 1 2012

IT PERSONALLY APPEARED BEFORE ME AND EXHIBITED TO ME HIS/HER Passport No. EB 1273568 ISSUED Al

Manila, Philippines on October 19, 2010.

CITY/PROVINCEDOC. NO: %

21E2 :

NotaPAGE NO.BOOK NO. IRWcdvMernedtrnbarrs 2011 and 2012)SERIES OF : Pv[Td4o. 0314645/MLA. Jan. 2, 2012

IB.E Ccrnpliauce No. 11140016394

Office AÔdi€9 VS 1{oII No. 34272


MEMORANDUM

21 March 2011

I'

For

Cc

All the Chief Executive Officers ofPNOC Subsidiary Corporations

Chairman Jose Rene D. AlmencfrsPresident Antonio M. Cailao

1.NUC EXPLORATION CORE

Oflicti Of the Legal Manager

Time: _°ib

Annex A

--

'Dor-npensaUon of the Membersof the Board of Directors

In compliance with Executive Order No. 24 (EC 24 )standa.rdizin the salaries andbonuses of the Members of the Board of Directors the PNOC Board ci Directorsin its meeting of 17 March 2011, adopted the r.ew cotpensation packace for theMembers of the Board of Directors -of PNOC. 7 cr consistency and Uniformity atthe parent and subsidiary levels, the PNOC BoErd enjoins you to adopt the sameas well, to wit:

(1) Per diems for board meetings and cornn:ee meetings shaH he amountsas prescribed under Sections 9 and 10 :fE024, which shaH be based Onthe si±e of the GOCC but not to exceed the maximum annual amounts asspecified therein.

(2) Necessary expenses incurred by the Members of the BOarc! in theperformance of official functions may be reimbused by the company on amonthly basis subject to submission eceipts and compiance withbudgeting, .accounting and auditing rules and regulations. ReimbLi-semeritof the following items shalt be dapped as i:.':llows:

TransportatiohCommunicationRepresentation

MonThly AlbowanceF p15.00000Rn: .000.00Pho 20, oob :00

However, , the subsidiary may adopt a i ' wer limit ill of itscurrent and prospective financial position : : -)d capability.

(3) Performance-based Incentives. The Members of the Board ma y also beprovided with performance-based incentk,'es (rewards ill or in kind forexceeding performande targets). TH provision of performance-basedincentives shall be in Accordance with ne co hditions and approvals asprescribed under Section 11 of E024.

j

AJciiinr,,n,livri to all i/ic CEOs of PNQCSerbvidi,7 ' C'upr . '.ir r/ in'i: Con:pen.cation of the A'fe,llheLc oldie Erri1,'4 off);)

All the subsidiaries are further requested to submit to the PNOC Board a copy ofthe resolutions to be passed by their respeclive Boards adoitina the foregoingcompensation levels for their Members of the Roard of Directors,

Eor the PNOC BoardCT)GraieIa M. BarIetCorporate Secretary, PNOC

L. ,,

used Guidelines for the Compensa:[anof PNOC EC Board of Directors for 2011

Pursuant to Executive Order Mc. 24 (EQ 24) dated February 10, 2011 providing forthe rationalization of the compensation of the Members of the Board of Directors ofGOCCsIGFIs and the Memorandum of PNQC dated 21 March 2011 sighed by itsCorporate Secretary, Atty. Graciela M. Barieta, enjoining the PNOC subsidiaries toadopt the guidelines implemented by the parent company, PNOC EC hereby issuesthe following guidelines for the compensation of the members of the Board ofDirectors for 2011. Effective April 1, 2011, the Members of the Board shall beentitled to the following:

1. Maximum per diem for Regular or Special Board meetings actually attendedunder Classification C of EQ 24 of P15000 per meeting but no to exceedP360,000 per year.

2. Maximum per diem for Committee meeting actually attended underClassification C of EQ 24 of P9,000 per meeting but no to exceed P216000per year.

3. Reimbursable Expenses in tlie performance of their official function subject tothe submission of receipts and compliance with budgeting, accounting andauditing rules and regulations such as:

a. Actual travel expenses when attending Board Meetings representingcosts of p lane fare, food and lodg ing of Members of the Boadresiding in the provinces accessible by airplane. The reimbursablelodging expense is for a maximum period of 3 days per trip.However, when the board meetings are conducted for more than oneday, the number of days allowable for reimbursement will also beadjusted accordingly. Aside from the Official Receipt, a Statement ofAccount shall be required in order to determine the reimbursablelodging cost.

b. Transportation expenses for Members of the Board, in going to andfrom the place of meeting, up to a maximum of P15,000 per month

c. Communication expenses covered by cellphone Plan 1200 providedby the company. The company will shoulder charges for official usein excess of the fixed minimum charge of P1,200 but not to exceedP5,000 per month.

d. Representation expenses provided the attendees and purpose ofmeetings are specified in The DES up to a maximum of P20,000 permonth.

4. Payment of Per Diem will be made every Regular Meeting for attendance inthe previous month's meeting, while reimbursable expenses will be paid onthe next meeting following the submission of receipts.

APPROVED BY:

-/ZL s/io/;iG.C. LOPEZ, JR.

S Annex B


Summary of Benefits - President

As of July 2012

Bonusesl 1. Anniversary Bonus - to be released on AprilGratuities 2. Mid-YearBonus - to be released on May

3. Performance Incentive Pay - to be released on July4. Financial Assistance - to be released on September5. Christmas Bonus - to be released on NovemberRelease of the above is approved by the PNOC EC Bo

Laundry Subsidy PhP300.00/month

Daily Minimum Wage x 25% xNo. of Working Days

Directors

onl

vx

Service Vehicle A Service VehiclCompany

Gas for Service I Fleet Card: up to

EntitlementAttache Case! Worth Ph

Business Travel (maximum ofInsurance (CB TI)

the use of the President & CEO

L per month

125833.33 per monthD 1,550,000.00 / 60)once every 3 years

when damaged or broken)

000.00)

the

mbership Membership in:Professional/Trade, Civic, Social (No Limit);(1) Health

Company PhP30,000.00, payable within 24 mos.

Cash Donation: PhP20,000.00 --Cost of transporting the cadaver from the place of death to the place ofinterment is shouldered by the Company if either of the following conditionsare met:

) )

a. 1 he death of the employee occurred while on dutyb. The death of the employee occurred while off-duty in a place where he/she

is considered a transient

Hospitalization Non-Dreaded: PhP 469600.00Insurance Plan Room and Board: PhP 1,800.00

Group Life and Monthly Basepay x 48Accident (maximum of PhP4,000,000.00)

Insurance Plan

ittI-lards hip Entitled to Hazard/Hardship Benefit:Assignment 25% of Monthly Base Pay

Medical and Medical Consultation: PhP 300:00 per consultationDental Services Medicines: Prescribed medicines up to 5 days

for Maximum Entitlement of other outpatient/diagnostic/dental procedures isReimbursement subject to PNOC EC's Schedule of Benefits

Special PhP3,000.00 worth of tokens such as flowers, fruits, etc. in account of hospitalCircumstance confinement, marriage, birth of baby, bereavement and other special

Privileqe circumstances

Uniform on the year'sEntitlement Year 2012 Approved Budget:

Male: PhP16,580.00Coat (Male): PhP7,000,00 - once

Sickness andDisability Policy

Additional 100workingdays (afterthe initial 80 days)

Regular Income70% of regularincome, providedextension isapproved bySSSIECC

Tuberculosis) &Critical Disability

Leave of Absence

PTB leave at full pay: 2 months + 1 addithwith a maximum of 12 months, followed by:

PTB leave at half pay: 2 months + 1 additional month for each year of servicewith a maximum of 12 months

year

I - -- -.

Annex -C-

PNOC EXPLORATION CORPORATIONSummary of Benefits - Vice Presidentas of March 2012

ENTITLEMENTBonuses/Gratuities EqUivalent to one months basepay

1.Anniversary Bonus2. Mid-Year Bonus3. Performance Incentive Pay4. Financial Assistance5. Chdstrnas Bonus

Attache Case/Brief -Bag Worth PHP 4,000,00Corporate Business Travel Monthly Basepayx 48 (maximum of PH135,000,000.00)

Insurance (CBTI)Club Membership Membership in: Professional/Trade, Civic; (2) Social; (1) Health

Company Emergency-Loan PHP 30,000.00, payable within 24 mos.Day Care PHP 18,000.00/annurn/child Up to 4 children)

Death Assistance Cash Donation: PHP 20,000.00Cost of transporting the cadaver from the place of death to the place ofinterment is shouldered by the Company If either of the followingconditions are met:

a. The death of the employee occurred while on dutyb. The death of the employee occurred while off-duty in a place

where he/she is considered a transientExecutive Health Exam Year 2012 Budget:

Female: PHP33,915.00Male: PHP32,235.00

Education Refund Plan *** Reimbursement of 75% of expenses incurred in the following:Graduate Studies:Tuition Fee: fliP 18,200.00/semesterBooks and Materials: NiP 1,730.00/semester

Undergraduate Studies:Tuition Fee: PHP 28,350.00/semesterBooks and Materials: :PHP 3,570100/semester

Gas Reimbursement 250L per monthGroup Hospitôiiratipn Dreaded: P-NP SO0,000.00 -.insurance Pian.fGHIP)- Non'PreadS: PHP:469j600.O0

Roomu-and Board; PHP2;800:00Group Life and Accident Monthly Basepay x 48 (maximum of Ph'P4,000,000O0)

lnsuranc&Plán '(GIYAJPJ"Hazard/Eardship.AsEignment Entitled WHazard/HardshipBenefit :25% dfMonthlytase Pay

Expense **Laundrysubsidy PHP 300200/month

Local Travel Transportation - Reasonable ActualLodging —Reasonable ActualLACTUAL (with official receipts)

Meals: PHP25O;O0Snacks: :pp

Maternity Assistance Caesaian: P1W 551-100:00Normal: P1W 30,400.00Miscrriage/Aboffion: NIP 17,700.00Home Delivery: PHP 4,100:00

MealSubsidy Dai!y:Minimum Wage x 25% x No. of Working DaysMedical and Dental Services Medial Consultation: NIP 300.00 per month

for Reimbursement Medicines: Prescribed medicines up to 5 daysMaximum Entitlement of other outpatient/diagnostic/dental procedures issubject to..PNOC EC's Schedule of Benefits

Multipurpose Loan Loan Facility of Cocolife made available to PNOC EC employees;(cocolife)**** PNOCEC.acts as administrator of the loan program

Up to PHP 100,000.00, with an interest rate Of (per annum): 1 year (12%),2 years,(24%), 3 years (43%)

Provident Plan Employee Contribution: 5 to 15% of Monthly BasepayCompany.Contribution: 50% of employee contribution

Rest Period and 6 consecutive days rest period for 24 consecutive working days renderedTransportation by an employee assigned in the project site

ReimbursementRice Subsidy PHP 1,500.00/month

Service Award***** 1119ciffim i_______10 years PHP 5;000.00 14k Gold :jfl With Company Logolà years NIP 7,500.00 7,500 Gift Certificate + plaque20 years PHP 10,000.00 10,000 Gift Certificate + plaque25 years NIP 12,500.00 12.500 Gift Certificate + plaque30.yeazt PHP 15,000:00 15,000 Gift Certificate + plaque

35years PHP 17,500.00 14k Sig net Ring wI I diamond &Company. Logo

4O,earsPuP 20;000,00 GoidiAatth..w/:cmpany Goldistrip- . . .

Savings and Land &Homeb wnershlp Plan .

iSLHOP****** OneStepiMethod 15% contribution: .350% • of annual basicI / salary (abs)

.'BoIofl$50itontflbüài6n:.3O0% 'Of lbsTwo Step Method step loan for lot purchase - 200% of abs

• :2" Step: Recast loan for houSconstruction -'15% contribution: 350% of absBelow 15%:contifbtjtion: 300%.dLabsRecastedioan:;Payable in 15 years -

Special Circumstance Privilege NIP ,3,0000O worth of tokens such as flowers, 'fruits, etc. in account ofhospital confinement, marriage, birth of baby, bereavement and otherspecial circumstances

--, ..U

Temporary Assignment Transportation: Reasonable Actual(1-6 months)** Lodging: Reasonable Actual

Breakfast: PHP 80.00Lunch: NIP 110;00Dinner: ,PHPlflOOMiscellaneous: FlIP 4500

Temporary Overseas Based on Travel Period and its corresponding Schedule of BenefitsAssignment Expense

(Indonesia)Transportation Expense Covers costs incurred for the repair and maintenance of vehicles, driver's

Payment salary, and other related expensesPHPI4,630.00

Uniform Entitlement: Year 2012 Budget:Femal: PHP19,077.00 Male: PHP16,580.00Coat (Male): PIIP7,000.00 - once every 3 years

Vocation Reimbursement fl PHP42,20000Vehicle:Loon Policy Maximum lLoàn £ntitiernent:Pl1P1,350;00000

Work-related Sidkness and

Disability Policy** 80 worIing days Regular Income

Additional 100 working days (after 70% of regular income, providedthe initial 80 days) extension is approved by SSS/ECC

Retirement Benefit Normal Retirement: Monthly Basepay x (14/12) x 200% x No. of Service YearsCompany Option: Monthly8asepay x (12/12) x 200% x No. of Service YearsEmployee Option: Monthly Basepay x (12/12) x 200% x No. of Service Years

Annual Vacation Leave*** - ______________At least Less Than

1 10 1510 20 17

20 30 20

30 and up 25

Educational Leave Initial leave period without pay of 1 year; additional leave may be grantedon a year-to-year bais upon review by Department 'Manager andconcurrence OfHR Manager

Emergency. Leave .5 working•day. .per calendar yearMaternity Leave** 60 daysfornormäl, 78.daysfor daesarian; covers-first 4 complete deliveriesMilitary Leave*** Pay equiva!entto the difference between the military renumeration and

the-bawpayiheemplàyeè.tecéiväsfF6rivthe;Conpany.paternity .Leave** 7 days tobeavailed on continuous or Intermittent basis not later than .60

ays#terdélivery trmiscarr4agePersonal Leave Without Up to S m&nths,. and rnáybeextended for'another 3 months provided that

,pCy*** the .employee has-10 ormore -years in:servicePTB (Pulmonary Tuberculosis) ?TB leave at lull pay: .2 months + 1 additional month for each yea ofa critical Disability Leaveof service with a maximum Of 12 months, followed -by:

AbsencePTB :leave at half pay: 2 months + I additional month for each year ofservice with iamaximum of 12 months

• .1

***

[)

Sick Leave !.

2 16 17 30

4 18 24 32

5 19 30 33

6 20 38 34

7 21 48 35

8 22 60 36

9 23 74 37

19-14 28 90 42

15-19 31 108 45

20-24 35 120 49

25añdup 40 120 55

once every three (3) yearsupon hiringwith at least one (1) year of servicewith at least two (2) years of servicewith at least ten (10) years of servicewith at least three (3) years of service with at least I year of contribution (1st mortgage)or at least five . (5) yearsOf service With at least 3 years Of contribution (2nd mortgage)

q.

Documents

IF ANY. - PNOC EC Corporation Information Sheet.… · the affected page of the gcis that relates to the new information together with a cover letter signed by the ... bldg. 1, energy