CR04190-2019

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporatedisclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange,and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly tothe Corporate Information Officer of the disclosing party.

Petron CorporationPCOR

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial Ownership of Securities

References: SRC Rule 23 and Section 17.5 of the Revised Disclosure Rules

Name of ReportingPerson Various

Relationship ofReporting Person toIssuer

Various

Description of the Disclosure

Please see attached letter dated July 4, 2019, together with the SEC Form 23-Bs of certain officers of the Company ontheir acquisition of Series 3 Preferred Shares, as filed with the Securities and Exchange Commission on July 3, 2019.

Filed on behalf by:

Name Jhoanna Jasmine Javier-Elacio

Designation Legal Manager and Assistant Corporate Secretary

July 4, 2019 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 28th Street corner 5th Avenue BGC, Taguig City

Attention: Ms. Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue cor. Paseo de Roxas Makati City Attention: Atty. Joseph B. Evangelista Head - Issuer Compliance and Disclosure Department

Gentlemen:

Please see attached SEC Form 23-Bs (Statement of Changes in Beneficial Ownership of Securities) of the following officers of the Company on their acquisition of Series 3 Preferred Shares, which were filed with the Securities and Exchange Commission on July 3, 2019:

Name Position

1. Susan Y. Yu Vice President - Procurement 2. Maria Rowena O. Cortez Vice President - Supply 3. Albertito S. Sarte Vice President and Treasurer 4. Joel Angelo C. Cruz Vice President - General Counsel &

Corporate Secretary/Compliance Officer 5. Fernando S. Magnayon Vice President - Commercial Sales 6. Charmaine V. Canillas Assistant Vice President - Corporate Affairs 7. Jacqueline A. Chai Assistant Vice President - Procurement 8. Jhoanna Jasmine M. Javier-Elacio Assistant Corporate Secretary

Very truly yours,

JOEL ANGELO C. CRUZ VP - General Counsel & Corporate Secretary