Circular No. 1221: Amendments to the Regulatory Relief Policy

BANGKO SENTRAL NG PILIPINAS Subject The Monetary Board. in its Resolution No. 1024 dated 16 October 2025 approved the amendments to the guidelines on the grant of regulatory relief measures to banks affected by calamities as provided under Section 1151 of the Manual of Regulations for Banks IMORB). The amended guidelines provide additional regulatory relief measures to banks to further support them in their recovery from calamities and enable them to provide prompt and direct relief to affected borrowers and other stakeholders. OFFICE OF THE GOVERNOR Amendments to the Regulatory Relief Policy CIRCULAR No. 1221 Series of 2025 Section, . Section 1151 of the MopB shall be amended to read as follows: Policy statement The Policy sets forth the guidelines for granting regulatory relief measures to banks affected by calamities. providing a uniform and systematic approach to their implementation. The Bangko Sentral recognizes the vulnerability of the Philippines to both natural and human-induced hazards. which can lead to certain areas being declared under a state of calamity. Such calamities can disrupt business operations and result in damages and losses. affecting income streams or cash flows. including paying capacity and risk profile of clients of banks 1.51 REGULATORY REL, EF POLICY Consistent with the Bangko Sentral's aim for banks to strengthen operational resilience supported by their business continuity or disaster recovery measures. the regulatory relief package provides adequate support and enables calamity-affected banks to adapt and continue delivering essential financial services amid disruption. Nothing in this Section shall be construed as superseding the previously granted temporary regulatory relief to banks under Appendix 92. Definition of terms' For purposes of this Section the following definitions shall apply: a. Hazard- a dangerous phenomenon. x or environmental damage. 2 b. Local DJ^aster Ptsk Reduct/bn and Management Council ILOPPMC/- x c. National DJ^aster Ptsk Reduct/bn and Management Council INDPPMC)- x d. Regional 013^aster Ptsk Reductrbn and Maria9ement Council IRDPPMC/- x e. State of Calam/'^y- a condition involving mass casualty. and/or major damages to property. disruption of means of livelihoods. roads. and normal way of life of people For Items :a' to ^: these are derived from Pepubffc Actj:QA. / No. 70/2/@, the Ph, trioqhe Disaster R'Sk Peductron and Management Act o12010 anditslmp/en, enting Pu/es and Pe9u/Brions This definition encompasses both natural and human-induced hazards. Natural hazards generally include meteorological hazards leg. . typhoons. droughts) and geological hazards leg. . earthquakes I. Human induced hazards may include events such as environmental pollution and other activities or conditions caused by human actions that pose significant risks to health to g CoVID pandemici. safety and prosperity

in the affected areas. as a result of the occurrence of natural or human. induced hazard. In accordance with Section 16 of R. A. No. 10/21 or the Phi74:, PIhe Dtsaster Risk Reduct/bn and Management Act o1201Q the NDPRMC shall recommend to the President of the Philippines the declaration of a cluster of barengays. municipalities, cities. provinces. and regions under a state of calamity, and the lifting thereof. based on the criteria set by the NDRRMC. It further provides that the declaration and lifting of the state of calamity may also be issued by the local sanggunian. upon the recommendation of the R/LDPRMC. based on the results of the damage assessment and needs analysis. f. Affected areas - refer to Philippine regions. provinces. cities. municipalities or barangays which have been heavily impacted by a hazard or a combination thereof. and have been officially placed under a state of calamity. For purposes of determining eligibility of customers/borrowers. the affected area shall pertain to the location where the client's business operations are conducted or where the income-generating activity or residence is situated. as applicable. g Incept/on date of the cabin/'tv- refers to any of the following dates which can be used to commence application of regulatory relief measures: In the case of tropical cyclones. the date of landfall in affected areas where the head office. branch, branch-lite unit or customer/borrower of the bank is located based on the report/s by the NDPRMC/RDRRMC/LDRRMC or the Philippine Atmospheric Geophysical and Astronomical Services Administration (PACASA). For tropical cyclones that have riot made landfall. the date of occurrence of hazard-related incidents leg. . flooded areas. tornado/destructive winds/strong winds. landslide. maritime incident. etc. ) based on the report/s by the NDRRMC/PDPRMC/LDPPMC: (2) For other natural hazards. the earliest recorded date of occurrence of the hazard or any hazard-related incidents based on the report/s or advisories. or bulletins that may be issued by the NDRRMC/RDRRMC/LDRRMC or the Philippine Institute of Volcanology and Seismology (PHIVOLCS). or other relevant government agencies: or (3) For human-induced hazards. the date of declaration of a state of calamity. Availmentper/bd- refers to the allowable time within which banks can avail any of the regulatory relief measures by notifying the Bangko Sentral. For this purpose, banks are given a period of one U ) year from the inception date of the calamity. Regulatory rel^^IPer/bd - refers to the time within which a particular regulatory relief measure can be utilized. For this purpose. a regulatory relief measure is effective for one O ) year from the inception date of the calamity. unless otherwise specified. h E/^Ibility requirements. Banks with head offices. branches, branch-lite units, or customers/borrowers located in affected areas are eligible to avail of the regulatory relief package under this Section. within the defined availment period. Classification: GENERAL Page 2 of 10

Regulatory reliefpac*'age'. For All Ranks a assistance to officers adversely impacted by calamities in declared affected areas. that are not within the scope of the existing Bangko Sentral-approved purposes pursuant to Sec. 135 ILOans. advances. and other CFed/'t accommodations to o67cers! Provided That the request for post Bangko Sentral-approval of the grant of loans, advances. or any other forms of credit accommodations to such officers shall be submitted. within ninety (90) calendar days from the date of approval thereof by the bank's board of directors, to the appropriate supervising department of the Bangko Sentral for regularization. Banks are not precluded from extending financial assistance to their employees other than officers who are likewise adversely impacted by calamities in declared affected areas b. Temporary grace perlbd for loan payments Banks may grant a temporary grace period of up to six (6) months to borrowers adversely impacted by calamities in declared affected areas. The temporary grace period may cover all outstanding loans that were classified as current prior to the inception date of the calamity, with principal and/or interest payments falling due or which may start on the inception date of the calamity The implementation of the grace period shall be based on mutually agreed terms between the bank and the borrower. The parties may likewise agree on a grace period shorter than six (6) months No interest on interest. penalties. fees. or other charges shall be imposed on the borrower during the grace period Deforment of/oan payments for agri'cultural loans Banks are encouraged to grant deferment of loan payments for all agricultural loans classified as current prior to the inception date of the calamity. For borrowers directly engaged in crop production activities. loan payments may be deferred. and repayment terms may be adjusted to align with the production cycle of the affected crop. The deferment period may begin on the inception date of the calamity and shall range from six (6) to twelve (12) months. depending on the banks historical experience and assessment of the affected borrowers. C Banks may also use the actual production cycle or crop rehabilitation period as basis for deferment, drawing from studies, available data. or guidance issued by relevant government agencies. research institutions. or industry associations Longer deferment periods may be granted. on a case-by-case basis. based on bank's assessment of calamities' impact including the extent of damage to agricultural infrastructure. and borrower-specific conditions that may affect production and rehabilitation timelines. The same basis or sources of information may also be used to defer loan payments for borrowers in the fisheries and livestock sectors. Such extensions should be properly documented. including the sources of data or basis of information and rationale used in the determination Classification: GENERAL Banks may extend similar relief measures to borrowers in the agricultural value chain located in declared affected areas. subject to bank's verification of their Page 3 of 10

linkage to affected production activities, assessment of calamity impact. and proper documentation and justification of the relief granted. No interest on interest. penalties. fees. or other charges shall be imposed on the borrower during the deferment period d. Waiver of documentary requ, Iements for loan restructunhg For loans covered under Items 'b"and 'IC "of this Section on Regulatory rel^^IPackage for all banks. Bangko Sentral documentary requirements for restructuring of loans' provided under Item 'tJ"of Sec. 143 ICred/'t workout and reined/^/ management of problem credits/may be waived by banks. subject to their implementation of appropriate and prudent operational control measures. e. Temporary exc/usIbn from past due and non-perform, hg loan coinputat/bns Banks may exclude the loans of borrowers who were adversely impacted by calamities in declared affected areas. from the computation of past due and nori-performing loan ratios upon the grant of a temporary grace period for payment or restructuring. This exclusion shall apply to loans that would otherwise be reclassified as past due or nori-performing under Sec. 304 1:4ccounts considered past duel and Sec. 304 1:4ccounts cons/dered non-perform/hg/ respectively, starting from the inception date of the calamity and including loans becoming past due or nori-performing six (6) months thereafter. The exclusion shall remain in effect for a period of one (1) year from the inception date of the calamity. For agricultural loans. the exclusion may extend beyond one (1) year. aligned with the deferment period granted, subject to proper documentation andjustification. The adjusted past due and nori-performing loans shall be used for supervisory purposes. including the determination of a bank's compliance with minimum prudential requirements" set by the Bangko Sentral during the regulatory relief period. However. banks shall continue to report the actual past due and non-performing loans in the prudential reports te. g. . Financial Reporting Package IFRPi. Capital Adequacy Ratio (CAR) reportl for prudential purposes Accordingly. banks shall maintain comprehensive record of accounts that are excluded from past due or non-performing loans classifications. Such records shall include. but not limited to. information on the amount granted. outstanding balance. industry classification. original and revised loan terms. status of the account. and details of any collateral provided. where applicable f. Palexat, bn of notification requ/Iements related to changes Ih bankihg days and hours' In case a bank situated in declared affected areas has to open outside or close during. the banking hours or days reported to the Bangko Sentral. the submission of the written report required under Sec. 108 IPeport of and changes Ih, bank/h9 daysandhours/shall be relaxed. In lieu thereof. the bank may promptly notify the appropriate supervising department of the Bangko Sentral of any changes to its banking schedule and operational status within twenty-four (24) hours of such change. or as soon as practicable depending on local circumstances. through e-mail and/or short message service ISMSi. g. Pelaxatibn of not, :17cat/bn requirements for temporary closure of bank branches and branch lite units. The temporary CIOsu re of a bank's branch or branch lite unit due to impacts of calamities shall riot be subject to the notification requirements under Section 105 17emporaty. closure, permanent closure and surrender of 3 These documents may include updated proof of income such as latest income statement or financial reports. and valuation and appraisal reports among others Prudential requirements Include. among others, the minimum CAR and Tierl capital ratios. " Classification: GENERAL Page 4 of 10

branchforanch. /, te unit 11^ense, endsa/e/;acquisition of branches-,"branch/Ite units/ Provided That the bank shall submit a consolidated list of the temporarily closed banking offices to the appropriate supervising department of the Bangko Sentral within five (5) calendar days from the inception date of the calamity The list may be sent through e-mail and/or SMS. Information on the temporary closure of such banking offices shall be posted on the bank's website. social media accounts. or mobile application. and displayed in conspicuous places in the premises of the affected branch or branch-lite unit. if the latter requirement is practicable. The notice of temporary closure may also be sent by the bank concerned to the depositors' and other creditors' last known e-mail address or contact number. using e-mail. text messages. or other alternative modes of communication. as may be elected by the client or practicable. The temporary closure of such banking offices should not be longer than thirty (30) calendar days h. Deforment of deadffne for openihg approved bank branches or branch-/Ite units Banks may defer the opening of approved bank branches or branch-lite units to be established in declared affected areas. Banks which opt to avail this relief must notify the appropriate supervising department of the Bangko Sentralwithin three (3) months from the inception date of the calamity. Such deferment shall not exceed three (3) years from the date of Bangko Sentral approval of the establishment of the branch or branch-lite unit. consistent with Sec. 105 lopening of branches^,"branch-/Ite uni'ts) Waiver of monetary penalt/:e, s for delayed subm/$51bn of superv/^o01 reports. No monetary penalties shall be imposed for delays incurred in the submission of all supervisory reports that are due to be submitted from the inception date of the calamity and up to six (6) months thereafter. b. Staggered bookihg of allowance for credit losses. Subject to the evaluation and prior approval of the Bang ko Sentra!, banks may request the staggered booking of allowance for credit losses computed under Sec. 143 ICredi't class, '17cation and Prov, ^Ibning/ This measure may be applied over a maximum period of three 131 years for all types of credits extended to individuals and businesses adversely impacted by calamities in declared affected areas as of the inception date of the calamity Banks shall adhere to the principles and guidelines on sound credit risk management set out under Sec, 143 as well as Append/bes 15and 700 regarding the measurement of credit losses. Before applying for the staggered booking of allowance for credit losses. a robust assessment must be conducted. Banks shall thoroughly evaluate the impact of the calamity on borrowers concerned in declared affected areas on an individual account basis. If a granular assessment is not feasible. this evaluation may be conducted collectively or at the portfolio level. Based on past events. current conditions and forecast information. TBs/RBs/Coop Banks should assess whether cashflow issues of affected borrowers are only temporary or indicative of deeper financial deterioration. For TBs/RBs/Coop Banks following the guidelines provided under Appendix 15in setting up allowance for credit losses, the temporary grace period shall be excluded when calculating the number of days of missed loan payments. Accordingly. in determining the applicable percentage of minimum allowance for credit losses under Appendix 75 TBs/RBs/Coop Banks shall count the number of Classification: GENERAL Page 5 of 10

days unpaid/with missed payment based on the adjusted due date following the agreed-upon grace period. which effective Iy extends the due date of the loan. Classified loans of affected borrowers who availed of the temporary grace period or loan restructuring shall retain their classification and provisioning. and may only be upgraded once the borrower has demonstrated a satisfactory track record of at least six (6) consecutive payments of principal and interest. or where continued collection in accordance with the terms of the loan is expected and the loan meets the criteria for a lower classification. in accordance with Sec. 143 ICredi't classification andprov/310nih9/ Upon receipt of Bangko Sentral approval. TBs/RBs/Coop Banks shall immediately record the allowance for credit losses that should be recognized within the first year of the approved staggered period. Staggered bookihg of impairment losses of banks'physical assets. Physical assets such as banks premises, furniture. fixture and equipment. and real and other property acquired (ROPA) that have been impaired or are rendered economicalIy unviable because of the adverse impact of calamities may be written down pursuant to Sec. 382 IBooking/ subject to Bangko Sentral evaluation and prior approval. Such impairment losses may be booked on a staggered basis over a maximum period of three (3) years, Waiver of penalties dullhg moratorium on monthly payments. Banks undergoing rehabilitation may avail themselves of a moratorium. without penalty. on monthly payments due to the Bangko Sentral, for a period of six (6) months from the inception date of the calamity. upon filing an application for extension/rescheduling with the Department of Loans and Credit. c. d. a. Grace perlbd for redtscountihg ob//^. at/bns Rediscounting banks may apply for a sixty (60)-day grace period to settle the outstanding rediscounting obligations with the Bangko Sentral as of the inception date of the calamity. This grace period applies to all rediscounting banks. x. Pestructur/hg of rediscounted loans. Rediscounting banks may restructure with the Bangko Sentral. on a case-to-case basis. the outstanding rediscounted loans as of the inception date of the calamity. of their borrowers affected by the calamity. x. b. C Pelaxatibn of elf:91bi/ity requirements. Rediscounting banks may avail the relaxation of eligibility requirements particularly the exclusion of the criteria on reserve requirement for the renewal of rediscounting line and the availment of rediscounting loans from the inception date of the calamity and up to six (6) months thereafter. Not, :17cati@" and, ep@, tonal, eq"ifeme"ts a Noti/7cat/bn for availment of regulatory relief Banks that choose to avail of any relief measures under this Section on Regulatory fell^fpackage shall submit the following required documentation to their appropriate supervising department. with a copy furnished to the Department of Supervisory Analytics IDSA). on or after the inception date of the calamity. but prior to the implementation of any relief Classification: GENERAL measures Letter/Email notification from the President of the bank or officer of equivalent rank stating the bank s intention to avail of the relief package Page 6 of 10

The notice shall specify. at a minimum. the specific relief measures to be availed, as well as the branches and branch-lite units in affected areas (refer to Annex 8 of Appendix 921: Resolution of the board of directors authorizing the bank to avail of the relief package; Memorandum Order/Proclamation/Resolution approving the declaration of state of calamity of the area where the affected head office/branches/branch. lite units of bank or borrowers are located; Documentary proof substantiating the inception date of the calamity. as defined under this Section. including, but not limited to. official reports or correspondence issued by the NDRRMC. RDRRMC. LDRRMC. PACASA, PHIVOLCS. or other relevant government agencies; and Additional supporting documents relevant to the approval of the staggered booking of allowance for credit losses and/or impairment losses of banks' physical assets SupplementalFPPandCAP reports on regulatory rel^^f Banks shall electronically submit to the Department of Supervisory Analytics IDSA) a supplemental report on the availed regulatory relief measures. The supplemental report shall include information on eligible loans excluded from the computation of past due and nori-performing loan ratios. as well as loans subject to Bangko Sentral-approved staggered booking of allowance for credit losses and/or impairment losses of banks' physical assets using the prescribed forms (Annex C of Appendix 92) and submitted in accordance with the timeline for the Solo Financial Reporting Package and Capital Adequacy Report. in accordance with Appendix ? Post-rel, ^I notification. Banks that avail of regulatory relief measures under this Section shall inform the Bangko Sentral of their action plans to return to full compliance with applicable regulatory requirements upon the expiration of the relief period. The notification. which shall be submitted to the appropriate supervising department of the Bangko Sentral within thirty (30) calendar days after one (1) year from the inception date of the calamity shall include. at a minimum the following information. Compliance status: Adherence of availed relief measures to applicable regulatory req uirements. including timelines and transition milestones of any remaining outstanding relief measures. and Risk mitigating and/or adaptive measures: Initiatives instituted or plans to be implemented during and after the relief period to safeguard the operations of the bank from the impacts of calamities. These measures may include enhancements to business continuity and disaster recovery frameworks. contingency funding strategies. and other measures designed to reduce operational vulnerabilities and support the bank's capacity to adapt to evolving conditions in calamity affected areas Relaxation offdentii7cat, b" requirements. To facilitate access to financing channels during a declared state of calamity, any requirement for the presentation of valid identification card (ID) shall be temporarily relaxed. including for electronic or online financial transactions. Classification: GENERAL a Duratibn one/axati'on. The relaxation shall take effect upon the official declaration of the state of calamity and shall remain valid. as follows: Page 7 of To

Where the declaration of the state of calamity includes a specified duration. the relaxation shall remain in effect for the entire period indicated in the declaration. (2) In cases where no duration is specified, the relaxation shall be deemed effective for a default period of three (3) months from the date of declaration. An extension of the relaxation period may be authorized by the Bangko Sentral. upon receipt of a formal request. Such extension shall be subject to a thorough assessment of the prevailing conditions in the affected areas and the merits of the justifications provided. (3) Should the state of calamity be officially lifted prior to the expiration of the specified or default duration. the relaxation shall automatically cease on the date of such lifting. b. Cond/'tions for relaxed transactibns. The relaxation of identification requirements shall apply for all financial transactions. except account opening. subject to the following conditions under Item t. "of Sec 921 ICUstomeridentificat, bn) (1) The total amount of transactions shall not exceed P50.000.00 per day: (2) The customer is either a permanent or temporary resident or who conducts business in a severely affected area which has been declared to be under a state of calamity by a competent authority; (3) The customer shall submit a written certification. which need not be notarized. that he/she is a victim of the subject disastrous calamity and has lost his/her valid IDs; and (4) The customer's account activities shall be subject to strict monitoring by the covered person to identify potential abuse of the relaxed requirement and any suspicious transactions shall be reported to the Anti-Money Laundering Council (AMLCjwithin the prescribed period For purposes of account opening during a declared state of calamity. banks may apply existing regulations under: (1) Sec. 921 ICUstomer acceptance and Ident/77catibn polity/ on restricted account to facilitate account creation for purposes of managing finances. including the distribution of financial assistance; and (2) Sec. 921 ICUstomer Identification/ on the use of Information and Communication Technology in the conduct of customer due diligence. such as online customer identification. electronic submission and receipt of identification documents. and electronic capture of biometric or other personal information of customers. Tempo, ary measure allowing currency withdrawals at Bangk@ Sentra/ Regional 0, ,7ces and Branches ripOBs/ by banks not registered with PhilPaS5""' andor not yet enrolled in the currency management system To ensure continued access to physical currency during declared states of calamity. the Bangko Sentral shall implement a temporary measure permitting banks that are riot yet registered with PhilPaSS"" and/or riot yet enrolled in the currency management system of the Regional Operations Sub-Sector (ROSS ) to directly withdraw currency from Bangko Sentral ROBS. This measure shall also be enforced during work suspensions caused by calamities. related events. or emergency situations that significantly disrupt normal banking operations. This temporary measure. which is intended to provide operational flexibility to banks during emergency situations. shall be effective until31 December 2027. Classification: GENERAL Page 8 of 10

During the temporary arrangement period. banks that are not yet registered with PhilPaSS""' and/or riot yet enrolled in the currency management system of the Poss are required to submit the following documents to the Office of the Assistant Governor - Poss (OAG-ROSS) at the Bangko Sentral- Head Office: One (I ) original copy of notarized Secretary Certificate of the bank's Board Resolution containing the following: a. Delegation of authority to at least one O ) officer who shall be the authorized bank signatory for currency withdrawal transactions with the Bangko Sentral ROB concerned; b. Delegation of authority to at least one U ) officer who shall authenticate the specimen signature cards; and c. Setting of currency withdrawal limit/s of the authorized bank signatoryies, including approval matrix, if any 2. Two (2) sets of specimen signature cards containing the name/s. signature/s. and extent of signing authority of the authorized bank signatory/ies duly signed and authenticated by the designated officer/s of the bank. This document shall be consistent with the details in the Secretary Certificate. The above documents shall be received by OAC-ROSS at least three (3) working days prior to the actual date of currency withdrawal. For efficiency. banks are encouraged to submit in advance the foregoing documents Banks are required to formally notify the concerned Bang ko Sentral ROB of their intent to withdraw currency via email by no later than 4:00 PM on the business day preceding the scheduled withdrawal On the day of the currency withdrawal. banks shall present to the Bangko Sentral ROB the manually-prepared Cash Order Slip/s (Cosy and Authority to Withdraw (ATW), both duly signed by authorized bank signatory/ies and bank representative Withdrawal transactions are subject to applicable service fees and penalty. as prescribed under Sec. 1103 In accordance with Sec. 147. banks availing of this temporary arrangement shall ensure that all currency withdrawal transactions are conducted in line with their Board-approved Secu rity Program. This shall include contingency measures for security and rescue operations during calamities and emergencies. covering secure transport arrangements for funds and other cash items. the provision of cash-in-transit insurance coverage. as appropriate. and coordination with law enforcement and emergency response agencies. when necessary. To safeguard the integrity and security of currency withdrawal transactions conducted under this temporary arrangement. the Bangko Sentral reserves the right to impose additional documentation or procedural requirements as necessary Supervisory Enforcement Action. x Section 2. Transitory Provision. The provision below shall be added as a footnote to Item 'b"of Section 1151 of the MopB IPegu/ato0, fell^IPackage) on Staggered booking of allowance for credit losses. ' Soft copy of the form shall be provided by the Bangko Sentral ROB concerned Classification: GENERAL Page 9 o110

Banks with approved staggered booking of allowance for credit losses and/or impairment losses of banks' physical assets over a maximum period of five (5) years shall continue to book such in accordance with the approved five (5)-year schedule. Section 3. Appendix 7 of the MopB on the Reports Required of Banks is hereby amended. as shown in Annex B of this Circular. to incorporate the submission of Supplemental Financial Reporting Package (FRP) and Capital Adequacy Ratio (CAR) reports in relation to availed regulatory relief measures. Specific guidelines on the mode and manner of electronic su binission of such reports shall be covered by a separate issuance. Section 4. Under Appendix 84 of the MORB. all cash withdrawals at Bangko Sentral ROBS are required to be processed exclusively through the currency management platform. In line with the Bangko Sentral's digitalization efforts and the full implementation of the currency management system across all Bangko Sentral ROBS. banks are expected to transition to full compliance with the currency management system-based procedures on or before the lapse of the temporary arrangement period provided in Section I of this Circular. Specific guidelines pertaining to the following shall be covered by a separate issuance: I. Servicing of currency withdrawal at Bangko Sentral ROBS by banks that are riot yet registered with PhilPaSS""' and/or not yet enrolled in the currency management system of the ROSS; and 2. Adoption of the Poss currency management system, including Ph, 7PassPlus registration. system integration, and capacity building for bank personnel. Section 5. This Circular shall take effect fifteen (15) calendar days following its publication either in the Official Gazette or in a newspaper of general circulation. October 2025 FOR THE MONETARY BOARD: ^
ELI M. REMOLONA, JR. Classification: GENERAL Governor PagelO of 10

Subject: INDICATIVE FORMAT: NOTIFICATION OF INTENT To AVAIL OF REGULATORY RELIEF MEASURES UNDER SECTION 1151 To: tName of Ban kj Notification of Intent to Avail Regulatory Relief Me asu res - IName of Bangko Sentral Supervising Departmentl Financial Supervision Sector Bangko Sentral rig Pilipinas [EmailAddress] Date: Department of Supervisory Analytics (DSA) Financial Supervision Sector Bangko Sentral rig Pilipinas IEmailAddressj Annex B of Appendix 92 Inception date of Calamity: 11nsert Datel In accordance with Section 1151 of the Manual of Regulations for Banks IMORB). as amended. this is to signify our intention to avail of the regulatory relief measures in response to tInsert Calamity Namel. [Insert Date] Please find below the specific relief me asu res we intend to avail of provide details below): For All Banks: . Flexibility in financial assistance for bank officers . Temporary grace period for loan payments . Deferment of loan payments for agricultural loans . Waiver of documentary requirements for loan restructuring . Temporary exclusion from past due and nori-performing loan computations . Relaxation of notification requirements for changes in banking days and hours . Relaxation of notification requirements for temporary closure of branches and branch-lite units . Deferment of deadline for opening approved bank branches or branch-lite units For Thrift Banks/Rural Banks/Cooperative Banks: . Waiver of monetary penalties for delayed submission of supervisory reports . Staggered booking of allowance for credit losses . Staggered booking of impairment losses of physical assets . Waiver of penalties during moratorium on monthly payments due to the Bangko Sentral For All Rediscounting Banks: Grace period for rediscounting obligations Restructuring of rediscounting loans Relaxation of eligibility requirements IFor each of the above ava/led measures. banks shall provide the correspondihg details, includihg the scope of app/^^at/bn, affected accounts or o67ces, as applicable. Implementation time/, he, andany other relevant Ih/61matibn. I J tick all that apply and

Attached are the required documents: . Board Resolution authorizing availment of the relief measures . Declaration of state of calamity by INDRRMC/RDRRMC/LDRRMC as applicable I . Docu mentory proof of the inception date of the calamity . Other supporting documents. as a PPIicable Respectfully yours. IName of President or Equivalent Rankl [Name of Bank] tContact Information I Classification: GENERAL Page 2 of 2

IName of Bank) Supplemental FRP Report on Regulatory Relief Amounts in Php IAbsolute amount) IRQporting Period) Residents I Loans to Government A National Government B LCUs c Goccs I. Social Security Institutions 2. Other Financial 3. Nori-Financial 2 Agricultural. Fisheries and RUB Development IAFRD) Loans A. Loans that Generally Benefit Agrarian Reform and Other Priority Sectors B. Other AFRD-Eligible Loans 3 Microenterprise Loans 81 A. Microfinance Loans B. Other Microenterprise Loans 4 Small and Medium Enterprise Loansa A. Small Enterprises B. Medium Enterprises 5 Contracts to Sell 6 Loans to Private Corporations A. Financial B. Non-Financial Particulars FRP Balance IAI NPL Cross Loans Net Loans Adjustments IBl PDL NPL ACL Current Adjusted FRP Balance re . A - Bj PDL NPL Cross ACL Loans Annex C of Appendix 92 Net Loans Page, of 4

7 Loans to Individuals for Housing Purposes 8 Particulars Loans to Individuals Primarily for Personal Use Pur OSes A. Credit Card B. Motor Vehicle Loans I. Auto Loans 2. Motorcycle Loans C. Salary-Based General-purpose Consumption Loans 9 D. Others Loans to Individuals for Other Purposes Current Total a/Of whichloans used to comply with Agriculture. Fisheries. and Rural Development IAFRD) Loans PDL 01 Loans that Generally Benefit Agrarian Reform and Other Priority Sectors FRP Balance IAI NPL (2) Other AFRD-Eligible Loans A - The amount reflected in the FRP as of the Reporting Period B - Outstanding loans subject to regulatory relief measure on the exclusion from the past due and non-performing classification. Gross Loans ACL Net Loans PDL Adjustments 181 Classification: GENERAL NPL ACL Cu rrent Adjusted FRP Balance IC = A - Bl PDL NPL Gross Loans ACL Net Loans Page 2 of 4

IName of Bank) Supplemental FRP Report on Regulatory Relief Amounts in Php IAbsolute amount) IReporting period) Im act of relief measure on the sta ered bookin of allowance for credit losses IACLj. Total ACL a Less: Booked Remaini Im act of relief measure on the sta ered bookin of jin airment losses n ACL roved for sta Be red bookin ACL for sta ered bookin Bank Premises. Furniture. Fixture and E ui ritent Peal and Other Pro erries AC uired Total Asset T e As of IRe ortin Period} Approved Amount for Sta ered Bookin Classification: GEN ERAL As of IPe orLin Period) Booked Amount {to Date) Remaining Amount Page 3 of 4

IName of Bank) Supplemental Capital Adequacy Ratio (CAR) Report on Regulatory Relief Amounts in Php IAbsolute amount) IReporLing Period) A. Quali in Ca ital A1. Tier I Ca All. Common E uit Tier I Ca ital A1.2. Additional Tierl Ca its I A. 2. Tier 2 Ca itsl A5. TotalQuali in Ca itsIISum of AT and A. 2) ita! B. Total Risk Wei hted Assets 8.1. Total Credit Risk-Wei hted Assets 82. Total Market Risk-Wei hted Assets Nature of Item 8.3. Total O erational Risk-Wei hted Assets B. 4. Total Risk-Wei hted Assets Is urn of B. I to B. 31 C. RISK-BASED CAPITAL ADE UACY RATIO CT. Common E ui Tier I Ratio tin %! C. 1.1. Ca its I Conservation Buffer (in %) C. 2. Tierl Ca it al Ratio (in 961 C. 3. Total Capital Adequacy Ratio (in %L________._ _ A " The amount reflected in the CAR report as of the reporting period B . Adjustments in the calculation in view of the application of the regulatory relief on the exclusion of eligible loans from the past due and non-performing loans classification Part 11 11tem A. 71 Reference Part 11 litent A. 31 Part 11 them A5) Partlljltem BSI Classification: GEN ERAL Part in litem Dj Part IVlitem C) Part V (ColumnlO) Per CAR Report IAI Adjustments IBl Adjusted CAR Report IC = A + Bl Page 4 of 4

A, UBs/KBs/Digital Banks XXX A-I EQruL^ A-I Unnumbered A-I Unnumbered A-I 14QB_ReL REPORTS REQUIRED OF BANKS Unnumbered A-I Section 172 xxX XXX Unnumbered Financial Reporting Packa e (FRP) Section 1151 Balance Sheet IFRP) Section 107 XXX

• Solo basis Ihead office and branches) XXX 42 - Disclosure of Due from FCDU/RBU and Due to FCDU/RBU Supplemental FRP Report on Re ulato Relief Basel 1/1 Capital Adequacy Ratio ICARjReport and Control Prooflist Section 1151 Section 363 Basel 1/1 CAR Summary Re ort
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