CR01944-2018

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, 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 to the Corporate Information Officer of the disclosing party.

Ginebra San Miguel, Inc. GSMI

PSE Disclosure Form 17-12 - List of Top 100 Stockholders Reference: Section 17.12 of the Revised Disclosure Rules

Type of Securities

Common

Preferred 32,786,885

Others -

For the period ended Mar 31, 2018

Description of the Disclosure

List of Top 100 Stockholders of Ginebra San Miguel Inc. as of March 31, 2018.

Filed on behalf by: Name Conchita Jamora Designation General Counsel and Assistant Corporate Secretary April 1,1-,2018

The Philippine Stock Exchange, Inc. Disclosure Department 6th Floor, PSE Tower One Bonifacio High Street 28th Street corner 5th Avenue Bonifacio Global City, Taguig City

Attention: Mr. fose Valeriano B. Zuflo III 0lC-Head. Disclosure Department

Gentlemen:

In accordance with Section L7.L2 of the Revised Disclosure Rules of the Philippine Stock Exchange, Inc., we submit herewith the list of Top L00 Stockholders of Ginebra San Miguel Inc., as of March 31, 201,8.

P. Assistant C or cretary

OIIIEBRA SN TIOUEL IIIC, 3'dand Eh Floors, San Miguel Properties Centre, St. Francis Street, Ortigas Cenler. Mandaluyong City, lvetro [,]anila. Philippines 1550 Telephone: (632) 841 -5100 Fax: (632) 64t2211

^*oor"r* T sAN MIGU€L CORPORATION ssst 823 Ginebra San Miguel Inc PAGE 1 2 018-04 -04 STOCK TRANSFER MODULE 02:29:45 PM List of stockholders As of Mar 31, 2018

RANK STOCKHOLDER NAME Common Preferred TOTAL SI{ARES t OF O/S

1 SAN MIGUEL CORPORATION 2L5, 972, OOO 32, 785, 885 249 ,758 , 885 7 A -26547 3 2 P@ NOI4INEE CORPORATION (FILIPINO) 52, 923 ,298 52 , 921 ,29A 16.58441 t" 3 GINEBRA SAN MIGUEL, INC. RETIREMENT PIJAN 943 ,285 9 ,943 ,285 .11s89 7 4 PCD NOMINEE CORPORATION (NON-FILIPINO) !, 522,960 ! ,522 ,960 - t-0397 5 L,A SUERTE CIGAR & CTGARETTE FACTORY 200, 000 200,000 . o6267 5 LIM TAY 80, 000 80,0oo .02506 9 7 PUA YOK BING 55, 000 s5, 000 .0t723 5 ROSAIJINA A. LIOANAG 51, 500 51, 500 .01513 8 9 DAR B. ITICANEI' 51,500 51, 500 .01-513 I 10 ROMAN T. YAP 50, 000 50, 000 .01s55 8 11 EMMANUEL B. UACAI.AT,AG 46, 500 45, 500 .01457 2 l2 LEONARDO P. BICO 45. s00 45, 500 .0L457 2 TEODORTCO T. IASIN 36,500 35, 500 .01143 I \4 NEI,SON S. EI,ISES 31, s00 31,s00 .00987 1 15 ISAAEL C. SUMTAY 3 1, 000 31. 000 .00971 4 15 MONINA N. CORTEZ 30,00o 30,000 .00940 1 L7 CYNTHIA M. BAROY 30,000 30,000 .00940 I 18 ROMI'LO G. QUINTO 30,000 30, 000 .00940 1 l_9 NOEI, D. SOTIANGCO 30,000 30,000 .009401 LUCIA C. I]NSAY 30,000 30, 000 .009401 2t ERIBERTO G. .IORBINA .fR. TT 30, 000 30, 000 .009401 22 FMF DEVEI,OPMENT CORPORATION 30, o0o 30,000 - 009401 2r BERNARD D. MARQUEZ 30,000 30, 000 .009401 24 ESTREIJI'A M. TAMAYO 30,000 30, 000 .009401 25 It{A. CONSI]ELO A. CORDERO 27,OOO 27,OOO - 008461 26 EDAN CORPORATION 26 , tog 26, 100 .008179 27 ROLANDO B. BISANA 25 , O00 25, 000 .007834 28 ANGELR]C S. GERONIMO 21 00 23, s00 . o07364 29 RAMONCITO L. VAIENCIA 22 0 00 22, OOO - 006894 30 I,UZVIMINDA C. SATCTOS &/OR CYNTHIA C. SANTOS 2l 0 00 21,000 .005581 31 ,]ANE P. PA}IGANIBAN 20 0 00 20, 000 .4a6267 MANUEL P. TAN 20 0 00 20, 000 - oo6267 33 FELICITAS YAP CHUA 20 0 00 20, 000 .005267 34 GINLIN II{AITTO &/OR FEFEE M.ANTO 20 0 00 20, 000 - 006267 35 ANGELA B. MARZONA 20 0 00 20,000 . o0626't 36 CARIIOS R. VTIJLANT'EVA IV 20, 0 00 20, 000 ,005267 37 PLI,IM INVESTMENTS, INC. 20, 0 00 20, 000 .oo6267 38 ELISEA P. TAN 20, 0 00 20, 000 - 006267 39 EFREN A. VILI,ARIN t9, 2 00 19,2OO .005017 40 JUEI F. SA]iI:TOS 18, 6 00 1,8, 600 .00s829 4L IJII'Y S. HO 18, 4 00 18,400 .005766 42 WAI.CIIUN CHONG 18, 0 00 18, 000 .005641 41 MA.. AIMA B. MOMBAY 18. 0 00 18,000 .005641- 44 EVANGELISTO O. M.ANAYA, JR. 1,'t , 0 00 17, 000 .00s327 45 TOMASTTO M. GAERI,AN 16, 5 00 16, 500 .005171 46 MONICA T. GATBONTON t6, 5 00 16,500 .005171- 47 ADOLFO R. REYES &/OR PEREGRINA Z. REYES 15, 0 00 16. 000 .005014 48 XERWIN P. SAlilITOS 15, 000 15, 000 .004701 49 RITCHE B. MORTA 1.5, 000 15, 000 .004701 50 EDITHA R. CARREON t-5, 000 15, 000 .004701 51 EDUARDO D. SARIA 1s. 000 15, 000 .004701 52 SATI'RNINO G. PAJARILLO JR. 15, 000 15, 000 -004701 53 RTZALINO R. AGBULOS 1s, 000 1s, 000 .004701 54 ,JUAN MA. CARLOS D. MANINGAT 15, 000 15, 000 .004701 55 MARIA CAROLYN C. ZARRAGA 15,000 15, 000 .004701 55 MARCETINO M. TORIO 1s,000 1s, 000 .004701 AIVGELINE F. IIY 15, 000 15, 000 .004701 58 FERDINAND BRIAN B. FRANCISCO 1s, 000 1s, 000 .004701 59 AILAN P. MERCADO 15,000 15,000 .004701 bU JOSE LEVY T. SAAVEDRA 15, 000 1s, 000 .004701 51 MA. IREL M. ESPUERTA 15, 000 15, 000 .004701 DINO D. GARCTA 1s, 000 15, 000 .004701 53 SANDRA S. PABILONA 1s, 000 15, 000 .004701 64 RICIIARD S. LATINA 15, 000 15, 000 .004701 65 LUIS .IORGE S. LTJNA 1s. 000 1s, 000 .004701- 56 CONCI]ITA P. JA},IORA 1-5, 000 1s, 000 .004701 67 JEFFREY .fAMES S. .IAVEIJI]ANA 15, 000 1s, 000 - 004701 68 ALBERT S. PAB]I,ONA 15, 000 15, 000 .004701 ROMEO IJ. JUCABAN 1s, o00 1s, oo0 - 004701 70 EVANGE],INE C. MANANSAI,A 15,000 15, 000 - 004701 7t KAHLIL D. MONIEMAYOR 15,000 15, 000 - 004701 EMIGDIO G. TAN.]UATCO ls, 000 15, 000 .004701 73 NESTOR D. DEITA PENA t-5, 000 15, 000 .004701 74 CARROT J. PAJARILLO 1s, 000 t 5, 000 .004701 75 EMMANUEL L. PARCO 15, 000 15, 000 .004701 76 MARC KAROI, S. JASARENO 1s, 000 15, 000 .004701 77 REZA M. MARCAIDA 15, 000 1s, 000 .004701 7A JAY M. PINEDA 15. 000 15, 000 .004701 ,o JOSEPHINE A. CALDO 1s, 000 15, 000 .004701 80 AMIE S. PABILONA 15,000 15, 000 .004701 81 GLACIELYN L. ATENCTO 1s, 000 1s, 000 .004701 a2 ELIZABETH H. VIII.,AMOR 15, 000 15, 000 .004701 ssst 823 Ginebra San Miguel Inc PAGE 2 2018-04-04 STOCK TRA}ISFER MODULE O2 229:45 Pl( List of stockholders As of Mar 31, 2018

RANK STOCKI{OLDER NAIVIE Common Preferred TOTAI SHARES t OF O/S

83 ISADORA A. PAPICA 15, 000 0 15, 000 0.004701 ? 84 CLEMEICTE O. ALBURO 15, 000 0 15. 000 0.004701- ? 85 FILZEN N. DELA CRUZ 14,100 0 14, 100 0.004418 t 85 EI,ENTTA F. LIBOON 14,000 0 14. 000 0 " o04387 ? 87 DECKTA PACIFIC EQUIT]ES, INC. 13,400 0 13,400 0.004199 ? 88 GILBERT JOSE L2, 000 0 12, 000 0.003760 ? 89 TNYONG S. ONG 12,000 0 12, 000 0.003760 k 90 BETH V. ESTACION 12,000 0 12, 000 0.003760 t 9l- MARIANNE GI,ADYS M. CI,ARON 1 0, s00 0 10, s00 0.003290 ? 92 GEORGE T. GO 10, 000 0 10, 000 0.003134 t 93 VIRGILIO B. G. ESPELETA 10. 000 0 10, 000 0.003134 * 94 PHITIPPINE REMNANTS CO., INC. L0. 000 0 10, 000 0.003134 ? 95 FR,ANCISCO C. EIZMENDI JR. 1-0,000 0 10, 000 0.003134 ? 96 ANN MAR]E CHARMAINE D. BUI,ARAN 10,000 0 10,000 0.003134 ? 9'l LUCY CI,AIRE A. HADLOC 10, 000 0 10. 000 0.003134 ? 98 JOBEN S. MIIYCO 10, 000 0 10, 000 0.003134 ? 99 CRAIG AWAD 10, 000 0 10, 000 0.003134 Ar 100 PIERCE INTERLINK SEC,I]RITIES, INC 10, 000 0 10, 000 0.003134 ?

285 , s07 ,341 32,7A6,qqs 31e,294,22A 99.7428A3 %

TOTAI NO. OF SHARES : 3L9 ,1L4 ,726 TOTAL NO. OF DISTINCT STOCKHOLDERS 693 TOTA]. NO. OF ACCOUMTS : 693 1of3

OUTSTANDING BATANCES FOR A SPECIFIC COMPANY Company Code - GSM100000000 GINEBRA SAN MIGUEL INC.

Business Date: March 2018 BPNAME HOTDINGS SAN MIGUEL CORPORATION RETIREMENT PLAN 10,454,900 GUILD SECURITIES, INC. 6,789,450 GINEBRA SAN MIGUEL, INC. RETIREMENT PLAN 3,900,036 TOWER SECURITIES, INC. 3,343,103 DAVID GO SECURITIES CORP 2,987,100 GOVERNMENT SERVICE INSURANCE SYSTEM 2,701,400 FIRST METRO SECURITIES BROKERAGE CORP 2,432,688 DEUTSCHE BANK MANILA-CLIENTS A/C 2,134,580 ABACUS SECURITIES CORPORATION 2,004,723 BPI SECURITI ES CORPORATION 1,736,507 SUMMIT SECURITIES, INC. 1,552,500 COL Financial Group, lnc. 7,252,047 PAPA SECURITIES CORPORATION 1,227,430 EVERGREEN STOCK BROKERAGE & SEC., INC. 1,143,000 PH ILSTOCKS FINANCIAL INC 7,078,357 REGINA CAPITAL DEVELOPMENT CORPORATION 1,027,200 NEW WORLD SECURITIES CO., INC. 960,000 SOLAR SECURITIES, INC. 893,200 ASIA PACIFIC CAPITAL EQUITIES & SECURITIES CORP 807,800 SAN MIGUEL BREWERY INC. RETIREMENT PLAN 640,032 QUALITY INVESTMENTS & SECURITIES CORPORATION 517,900 YAO & ZIALCITA, INC. 478,200 E, CHUA CHIACO SECURITIES, INC. 464,200 SAN MIGUEL FOODS, INC. RETIREMENT PLAN 400,032 TRITON SECURITIES CORP 399,000 R. S. LtM & CO., tNC. 373,400 ASIASEC EQUITIES, INC, 369,700 WEALTH SECURITIES, INC. 376,737 THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP 299,000 EASTERN SECURITI ES DEVELOPMENT CORPORATION 258,500

THE HONGKONG AND SHANGHAI BANKING CORP. LTD. -CLIENTS'ACCT 231,800

BDO SECURITIES CORPORATION 203,995 VALU E QUEST SECURITIES CORPORATION 190,500 HDI SECURITIES, INC. 155,800 PCCI SECURITIES BROKERS CORP 744,600 BERNAD SECURITIES, INC. 132,300 YU & COMPANY, INC. 128,600 BELSON SECURITIES, INC. 125,600 ANSALDO, GODINEZ & CO., INC. 724,700 ASTRA SECURITIES CORPORATION 122,300 UNICAPITAL SECURITIES INC. !21,300 AB CAPITAL SECURITIES, INC. 116,801 AP SECURITIES INCORPORATED 113,100 STANDARD CHARTERED BANK 103,100 UCPB SECURITIES, INC 101,400 STAR ALLIANCE SECURITIES CORP 92,000 GLOBALINKS SECURITIES & STOCKS, INC. 84,600 crTrsEcuRrrEs, lNc. 71,500 R&LINVESTMENTS,INC. 68,000 PLATINUM SECURITIES, INC. 67,000 2 ol3

BPNAME HOLDINGS MDR SECURITIES, INC. 63,800 BDO NOMURA SECURITIES INC 63,200 MAYBANK ATR KIM ENG SECURITIES, rNc. 62,800 SB NC. 52,350 A. T. DE CASTRO SECURITIES CORP 51,306 GOLDEN TOWER SECURITI &H tNc. 49,000 INTRA-INVEST SECURITI tNc. 47,000 STANDARD SECURI 43,600 MAN DARIN SECURITIES CORPORATION 40,300 UNITED COCONUT PLANTERS BANK-TRUST BANKING 40,000 RCBC SECURITI tNc. 39,000 PNB SECU rNc. 34,100 R. COYIUTO SECU rNc. 33,100 B. H. CHUA SECURITIES CORPORATION 28,000 CAM LANUZA & COMPANY tNc. 25,800 PHILIPPINE EQUITY PARTNERS, INC. 24,874 TANSENGCO & CO., INC. 2t,200 LARRGO SECURITIES CO., INC, 21,000 VENTURE SECURITIES, INC, 19,300 ALPHA SECURITIES CORP 16,000 NIEVES SECURITIES, INC. 15,000 STRATEGIC EQUITIES CORP 12,100 LUCKY SECURITIES, INC. 12,000 s.J. ROXAS & CO., lNC. 11,800 GOLDSTAR SECURITIES, INC. 11,500 I. ACKERMAN & CO., INC. 10,400 MOUNT PEAK SECURITI rNc. 10,400 UPCC SECURITIES CORP 10,000 H, E. BENNETT SECURITI tNc. 10,000 R LA SECURITI tNc. 10,000 lnc 10,000

TRI-STATE SECURITIES, I NC. 9,600 EAGLE EQUITIES, INC. 9,118 WESTLINK GLOBAL EQUITIES, INC. 9,000 PAN ASIA SECURITIES CORP 8,800 G.D. TAN & COMPANY, INC. 8,000

INVESTORS SECURITI ES, I NC, 7,200 MERIDIAN SECURITIES, INC. 7,t00 A&ASECURITIES,INC. 6,500 IGC SECURITIES INC. 6,s00 TIMSON SECURITIES, INC, 6,500 DIVERSIFIED SECURITI rNc. 4,900 DBP-DAIWA CAPITAL MARKETS PHILPPIN tNc. 3,300 BA SECURITI tNc. 3,000 EAST WEST CAPITAL CORPORATION 3,000 RITIES CORP 2,500 RTG & COMPANY rNc. 2,500 F. YAP SECURITIES, INC. 2,200 IMPE G & tNc. 2,100 SARANGANI SECURITI rNc. 2,000 MBTC - TRUST BANKING GROUP 1,700 I. B. GIMENEZ SECURITIES, INC. 1,300 OPTIMUM SECURITIES CORPORATION 1,000 SECURITIES tNc. 1,000 ITIWORLD SECURITI rNc. 600 ASIAN CAPITAL EQUITIES, INC. 500 LOPEZ, LOCSIN, LEDESMA & CO,, INC. s00 EQUTTABLE SECURIITES (PHlLS.) lNC. 200 3of3

BPNAME HOLDINGS AURORA SECURITIES, INC. 200 LUYS SECURITIES COMPANY, INC. 200 HK SECURITIES, INC. 100 COHERCO SECURITIES, INC. 100 DEUTSCHE REGIS PARTNERS, INC. 82 PRYCE SECURITIES, INC. 16

lf no written notice of any error or correction is received by PDTC within five (5) calendar days from receipt hereof, you shall be deemed to have accepted the accuracy and completeness ofthe details indicated in this report.